Butn Retained Earnings vs Total Current Liabilities Analysis

BTN Stock   0.07  0.00  0.00%   
Butn financial indicator trend analysis is way more than just evaluating Butn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butn is a good investment. Please check the relationship between Butn Retained Earnings and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Butn. 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Butn Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Butn's Retained Earnings and Total Current Liabilities is -0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Butn, assuming nothing else is changed. The correlation between historical values of Butn's Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Butn are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Butn's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Butn balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Butn are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Butn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butn 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 Butn. 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.
Issuance Of Capital Stock is likely to gain to about 7.5 M in 2024, whereas Tax Provision is likely to drop (602.70) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M6.7M8.1M4.3M
Depreciation And Amortization1.4M1.4M3.1M3.3M

Butn fundamental ratios Correlations

-0.140.54-0.360.12-0.04-0.29-0.71-0.29-0.15-0.110.0-0.29-0.1-0.14-0.040.16-0.02-0.67-0.61-0.78-0.740.060.150.020.1
-0.140.680.860.80.99-0.860.730.960.340.960.190.961.00.980.930.890.950.42-0.46-0.260.49-0.940.88-0.890.89
0.540.680.460.780.73-0.940.170.59-0.040.76-0.080.590.70.710.720.820.79-0.06-0.92-0.84-0.03-0.780.82-0.710.79
-0.360.860.460.870.8-0.730.790.80.040.81-0.120.80.810.90.910.790.860.59-0.290.040.63-0.910.83-0.940.86
0.120.80.780.870.78-0.930.490.67-0.150.79-0.250.670.770.870.920.90.890.3-0.65-0.380.31-0.940.94-0.970.95
-0.040.990.730.80.78-0.870.640.920.360.940.230.921.00.960.920.910.940.31-0.49-0.320.38-0.910.9-0.870.89
-0.29-0.86-0.94-0.73-0.93-0.87-0.42-0.750.0-0.880.09-0.75-0.86-0.89-0.9-0.94-0.94-0.160.80.62-0.20.94-0.950.9-0.94
-0.710.730.170.790.490.64-0.420.830.190.75-0.020.830.690.730.640.440.640.87-0.010.180.93-0.70.44-0.590.48
-0.290.960.590.80.670.92-0.750.830.440.970.271.00.960.90.820.730.850.58-0.4-0.220.65-0.880.72-0.770.74
-0.150.34-0.040.04-0.150.360.00.190.440.260.980.440.380.130.040.010.040.130.060.080.14-0.050.0-0.030.01
-0.110.960.760.810.790.94-0.880.750.970.260.10.970.960.940.880.830.930.49-0.6-0.410.56-0.950.82-0.840.83
0.00.19-0.08-0.12-0.250.230.09-0.020.270.980.10.270.24-0.03-0.09-0.09-0.1-0.040.070.04-0.040.1-0.090.09-0.09
-0.290.960.590.80.670.92-0.750.831.00.440.970.270.960.90.820.730.850.58-0.4-0.220.65-0.880.72-0.770.74
-0.11.00.70.810.771.0-0.860.690.960.380.960.240.960.960.910.880.930.38-0.47-0.30.45-0.910.87-0.860.87
-0.140.980.710.90.870.96-0.890.730.90.130.94-0.030.90.960.980.930.980.43-0.46-0.260.5-0.970.92-0.930.93
-0.040.930.720.910.920.92-0.90.640.820.040.88-0.090.820.910.980.950.960.39-0.47-0.280.43-0.960.95-0.960.95
0.160.890.820.790.90.91-0.940.440.730.010.83-0.090.730.880.930.950.970.09-0.58-0.40.16-0.910.99-0.910.98
-0.020.950.790.860.890.94-0.940.640.850.040.93-0.10.850.930.980.960.970.3-0.56-0.360.38-0.970.96-0.930.96
-0.670.42-0.060.590.30.31-0.160.870.580.130.49-0.040.580.380.430.390.090.30.110.220.98-0.450.12-0.370.16
-0.61-0.46-0.92-0.29-0.65-0.490.8-0.01-0.40.06-0.60.07-0.4-0.47-0.46-0.47-0.58-0.560.110.870.110.61-0.610.55-0.6
-0.78-0.26-0.840.04-0.38-0.320.620.18-0.220.08-0.410.04-0.22-0.3-0.26-0.28-0.4-0.360.220.870.240.36-0.380.25-0.33
-0.740.49-0.030.630.310.38-0.20.930.650.140.56-0.040.650.450.50.430.160.380.980.110.24-0.490.17-0.390.21
0.06-0.94-0.78-0.91-0.94-0.910.94-0.7-0.88-0.05-0.950.1-0.88-0.91-0.97-0.96-0.91-0.97-0.450.610.36-0.49-0.930.96-0.94
0.150.880.820.830.940.9-0.950.440.720.00.82-0.090.720.870.920.950.990.960.12-0.61-0.380.17-0.93-0.951.0
0.02-0.89-0.71-0.94-0.97-0.870.9-0.59-0.77-0.03-0.840.09-0.77-0.86-0.93-0.96-0.91-0.93-0.370.550.25-0.390.96-0.95-0.97
0.10.890.790.860.950.89-0.940.480.740.010.83-0.090.740.870.930.950.980.960.16-0.6-0.330.21-0.941.0-0.97
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Butn Account Relationship Matchups

Butn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.4M53.3M77.8M99.0M91.3M66.9M
Total Current Liabilities252.4K10.8M3.3M24.9M71.9M75.5M
Total Stockholder Equity(907.0K)3.6M18.0M15.6M8.1M8.2M
Net Tangible Assets(4.1M)(1.5M)13.1M11.9M13.7M14.4M
Net Debt31.9M31.2M40.6M64.8M66.4M43.1M
Retained Earnings(358.9K)(5.6M)(14.3M)(20.8M)(33.1M)(31.5M)
Accounts Payable55.8K709.4K798.1K479.3K170.6K162.1K
Cash9.9M15.5M15.8M14.7M13.4M12.7M
Non Current Assets Total33.5M7.1M6.6M5.1M2.4M2.3M
Other Assets30.3M2.0M1.7M1.4M1.2M1.2M
Long Term Debt41.8M38.8M56.3M58.4M11.2M10.6M
Cash And Short Term Investments9.9M15.5M15.8M14.7M13.4M12.7M
Net Receivables29.0M29.8M55.2M79.1M75.3M49.2M
Long Term Debt Total41.8M38.8M56.3M58.4M67.1M43.0M
Liabilities And Stockholders Equity43.4M53.3M77.8M99.0M91.3M66.9M
Other Current Assets87.2K855.0K233.4K49.7K155.4K253.1K
Total Liab44.3M49.7M59.8M83.3M83.2M58.7M
Total Current Assets9.9M46.2M71.2M93.9M88.8M56.8M
Short Term Debt909.3K7.9M5.6K21.1M68.5M72.0M
Intangible Assets3.2M5.7M5.1M3.7M1.1M1.0M

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