Baytex Average Payables vs Book Value Per Share Analysis

BTE Stock  CAD 3.98  0.02  0.50%   
Baytex Energy financial indicator trend analysis is way more than just evaluating Baytex Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baytex Energy Corp is a good investment. Please check the relationship between Baytex Energy Average Payables and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Average Payables vs Book Value Per Share

Average Payables vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baytex Energy Corp Average Payables account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Baytex Energy's Average Payables and Book Value Per Share is 0.11. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Baytex Energy Corp, assuming nothing else is changed. The correlation between historical values of Baytex Energy's Average Payables and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Baytex Energy Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Average Payables i.e., Baytex Energy's Average Payables and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Baytex Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baytex Energy Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Baytex Energy's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Multiple is likely to grow to 9.41, while Selling General Administrative is likely to drop about 45.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense92.1M80.4M171.8M180.4M
Depreciation And Amortization477.0M602.7M1.0B1.1B

Baytex Energy fundamental ratios Correlations

0.91-0.030.790.951.00.480.91-0.550.851.00.360.680.690.92-0.170.940.790.730.020.440.50.26-0.2-0.560.85
0.91-0.130.660.760.920.31.0-0.670.750.920.350.520.630.98-0.230.980.610.570.110.350.440.21-0.22-0.520.89
-0.03-0.130.350.0-0.060.32-0.140.070.02-0.05-0.320.410.08-0.110.72-0.050.20.28-0.010.0-0.24-0.120.32-0.04-0.15
0.790.660.350.770.730.610.64-0.240.940.76-0.050.920.60.630.140.710.80.97-0.070.660.440.350.12-0.730.49
0.950.760.00.770.940.520.75-0.40.820.940.350.740.680.75-0.10.790.850.74-0.10.560.570.18-0.19-0.60.72
1.00.92-0.060.730.940.450.92-0.590.81.00.410.620.690.93-0.210.940.760.660.020.380.480.23-0.25-0.50.87
0.480.30.320.610.520.450.29-0.40.530.47-0.210.720.670.340.10.390.670.59-0.230.34-0.11-0.10.55-0.40.37
0.911.0-0.140.640.750.920.29-0.670.730.920.360.50.630.98-0.240.980.60.560.120.330.430.21-0.23-0.50.89
-0.55-0.670.07-0.24-0.4-0.59-0.4-0.67-0.27-0.58-0.29-0.21-0.8-0.690.32-0.65-0.52-0.060.270.04-0.070.320.050.21-0.81
0.850.750.020.940.820.80.530.73-0.270.830.050.820.580.72-0.110.780.770.93-0.040.680.530.460.01-0.730.57
1.00.92-0.050.760.941.00.470.92-0.580.830.390.660.70.93-0.190.940.780.70.010.420.490.24-0.22-0.540.87
0.360.35-0.32-0.050.350.41-0.210.36-0.290.050.39-0.090.260.38-0.110.340.05-0.08-0.32-0.050.44-0.01-0.660.090.32
0.680.520.410.920.740.620.720.5-0.210.820.66-0.090.650.460.30.550.80.9-0.220.730.40.040.24-0.770.37
0.690.630.080.60.680.690.670.63-0.80.580.70.260.650.61-0.140.630.850.45-0.570.430.31-0.290.13-0.60.72
0.920.98-0.110.630.750.930.340.98-0.690.720.930.380.460.61-0.270.990.580.560.150.20.330.29-0.23-0.390.9
-0.17-0.230.720.14-0.1-0.210.1-0.240.32-0.11-0.19-0.110.3-0.14-0.27-0.23-0.080.16-0.050.150.03-0.190.1-0.11-0.38
0.940.98-0.050.710.790.940.390.98-0.650.780.940.340.550.630.99-0.230.640.640.130.270.360.31-0.19-0.450.89
0.790.610.20.80.850.760.670.6-0.520.770.780.050.80.850.58-0.080.640.69-0.350.630.44-0.020.13-0.730.68
0.730.570.280.970.740.660.590.56-0.060.930.7-0.080.90.450.560.160.640.690.020.680.430.470.12-0.680.38
0.020.11-0.01-0.07-0.10.02-0.230.120.27-0.040.01-0.32-0.22-0.570.15-0.050.13-0.350.02-0.31-0.330.470.010.290.04
0.440.350.00.660.560.380.340.330.040.680.42-0.050.730.430.20.150.270.630.68-0.310.690.030.13-0.890.15
0.50.44-0.240.440.570.48-0.110.43-0.070.530.490.440.40.310.330.030.360.440.43-0.330.690.1-0.62-0.590.24
0.260.21-0.120.350.180.23-0.10.210.320.460.24-0.010.04-0.290.29-0.190.31-0.020.470.470.030.1-0.160.030.09
-0.2-0.220.320.12-0.19-0.250.55-0.230.050.01-0.22-0.660.240.13-0.230.1-0.190.130.120.010.13-0.62-0.16-0.18-0.12
-0.56-0.52-0.04-0.73-0.6-0.5-0.4-0.50.21-0.73-0.540.09-0.77-0.6-0.39-0.11-0.45-0.73-0.680.29-0.89-0.590.03-0.18-0.37
0.850.89-0.150.490.720.870.370.89-0.810.570.870.320.370.720.9-0.380.890.680.380.040.150.240.09-0.12-0.37
Click cells to compare fundamentals

Baytex Energy Account Relationship Matchups

Baytex Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B3.4B4.8B5.1B7.5B7.8B
Short Long Term Debt Total1.8B1.8B1.4B937.2M2.4B2.6B
Other Current Liab20.2M38.6M145.1M57.7M67.3M58.7M
Total Current Liabilities233.5M198.9M338.7M288.5M558.0M585.9M
Total Stockholder Equity2.9B578.2M2.2B3.0B3.8B4.0B
Property Plant And Equipment Net5.7B3.3B4.7B4.8B6.7B7.0B
Current Deferred Revenue11.6M11.8M11.1M18.4M16.5M14.1M
Net Debt1.8B1.8B1.4B931.7M2.4B2.5B
Retained Earnings(3.3B)(5.8B)(4.2B)(3.3B)(3.6B)(3.4B)
Accounts Payable207.5M156.0M190.7M227.3M477.3M501.2M
Non Current Assets Total5.7B3.3B4.7B4.9B7.0B7.4B
Net Receivables173.8M107.5M173.4M200.9M339.4M356.4M
Common Stock Shares Outstanding557.0M560.7M571.6M563.8M704.9M740.1M
Liabilities And Stockholders Equity5.9B3.4B4.8B5.1B7.5B7.8B
Non Current Liabilities Total2.7B2.6B2.3B1.8B3.1B3.2B
Other Stockholder Equity17.7M14.3M13.6M89.9M193.1M366.1M
Total Liab3.0B2.8B2.6B2.1B3.6B3.8B
Property Plant And Equipment Gross5.7B3.3B11.8B12.2B15.7B16.4B
Total Current Assets184.8M112.5M182.1M244.1M440.0M462.0M
Accumulated Other Comprehensive Income556.2M619.0M632.1M756.2M690.9M725.5M
Short Term Debt5.8M4.3M2.9M3.5M13.4M12.7M
Cash And Short Term Investments5.6M(11.1M)(7.8M)5.5M55.8M58.6M
Other Current Assets5.4M5.1M8.7M37.7M44.8M44.9M
Other Liab891.7M842.2M900.1M851.2M978.9M839.3M
Net Tangible Assets2.9B578.2M2.2B3.0B3.5B2.3B
Long Term Debt1.8B1.8B1.4B930.6M2.4B1.7B
Common Stock5.7B5.7B5.7B5.5B6.5B4.8B
Property Plant Equipment5.7B3.3B4.7B4.8B5.5B4.8B
Common Stock Total Equity4.4B5.7B5.7B5.7B6.6B4.6B
Long Term Debt Total1.8B1.8B1.4B933.6M840.3M1.3B
Capital Surpluse17.7M14.3M13.6M89.9M103.4M108.5M
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.