BHP Total Assets from 2010 to 2024

BHP Stock  USD 52.46  0.10  0.19%   
BHP Group Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 69.3 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2000-06-30
Previous Quarter
100 B
Current Value
102.4 B
Quarterly Volatility
37 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BHP Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BHP Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.6 B, Interest Expense of 2.3 B or Selling General Administrative of 3.7 B, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.0266 or PTB Ratio of 2.26. BHP financial statements analysis is a perfect complement when working with BHP Group Valuation or Volatility modules.
  
Check out the analysis of BHP Group Correlation against competitors.

Latest BHP Group's Total Assets Growth Pattern

Below is the plot of the Total Assets of BHP Group Limited over the last few years. Total assets refers to the total amount of BHP Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BHP Group Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. BHP Group's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BHP Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 102.36 B10 Years Trend
Pretty Stable
   Total Assets   
       Timeline  

BHP Total Assets Regression Statistics

Arithmetic Mean105,765,354,228
Geometric Mean95,679,388,290
Coefficient Of Variation30.52
Mean Deviation20,550,822,157
Median108,927,000,000
Standard Deviation32,279,919,911
Sample Variance1041993229.5T
Range138.9B
R-Value(0.13)
Mean Square Error1102945912.8T
R-Squared0.02
Significance0.64
Slope(944,170,736)
Total Sum of Squares14587905212.4T

BHP Total Assets History

202469.3 B
2023102.4 B
2022101.3 B
202195.2 B
2020108.9 B
2019104.8 B
2018100.9 B

Other Fundumenentals of BHP Group Limited

BHP Group Total Assets component correlations

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0.990.721.00.720.940.50.430.80.850.860.71-0.35-0.550.95-0.01-0.280.260.170.280.180.30.320.370.270.11-0.29
0.70.720.760.40.63-0.140.460.940.520.840.84-0.5-0.610.760.35-0.50.530.430.560.50.730.490.660.39-0.12-0.51
0.981.00.760.710.930.460.430.830.830.870.73-0.38-0.570.950.03-0.320.290.210.330.230.350.360.420.310.12-0.32
0.70.720.40.710.710.350.430.530.820.380.610.24-0.110.760.1-0.450.250.330.230.31-0.14-0.1-0.02-0.12-0.160.13
0.980.940.630.930.710.60.530.640.870.790.61-0.36-0.430.94-0.24-0.090.05-0.020.03-0.020.130.170.170.040.0-0.11
0.550.5-0.140.460.350.60.17-0.050.510.25-0.12-0.13-0.090.38-0.570.37-0.45-0.43-0.4-0.49-0.41-0.13-0.27-0.080.50.2
0.480.430.460.430.430.530.170.320.380.260.31-0.45-0.060.47-0.19-0.140.150.10.050.11-0.010.01-0.07-0.23-0.410.09
0.730.80.940.830.530.64-0.050.320.560.840.87-0.37-0.570.80.45-0.630.570.540.650.590.660.440.650.460.03-0.47
0.850.850.520.830.820.870.510.380.560.620.54-0.08-0.390.87-0.05-0.180.140.050.10.060.010.10.08-0.010.0-0.08
0.850.860.840.870.380.790.250.260.840.620.73-0.52-0.750.840.02-0.170.20.080.260.130.60.480.550.470.16-0.5
0.670.710.840.730.610.61-0.120.310.870.540.73-0.15-0.370.770.31-0.540.370.450.520.510.540.230.520.27-0.21-0.24
-0.39-0.35-0.5-0.380.24-0.36-0.13-0.45-0.37-0.08-0.52-0.150.42-0.290.15-0.1-0.040.1-0.10.05-0.48-0.47-0.39-0.27-0.070.41
-0.51-0.55-0.61-0.57-0.11-0.43-0.09-0.06-0.57-0.39-0.75-0.370.42-0.46-0.240.13-0.38-0.12-0.34-0.16-0.66-0.77-0.59-0.67-0.230.85
0.960.950.760.950.760.940.380.470.80.870.840.77-0.29-0.46-0.05-0.250.220.120.170.130.220.140.240.06-0.08-0.14
-0.14-0.010.350.030.1-0.24-0.57-0.190.45-0.050.020.310.15-0.24-0.05-0.870.810.890.890.90.560.450.60.440.03-0.52
-0.17-0.28-0.5-0.32-0.45-0.090.37-0.14-0.63-0.18-0.17-0.54-0.10.13-0.25-0.87-0.79-0.98-0.9-0.98-0.47-0.34-0.54-0.350.090.34
0.150.260.530.290.250.05-0.450.150.570.140.20.37-0.04-0.380.220.81-0.790.820.840.820.560.580.620.4-0.16-0.59
0.060.170.430.210.33-0.02-0.430.10.540.050.080.450.1-0.120.120.89-0.980.820.920.990.50.40.580.38-0.07-0.39
0.150.280.560.330.230.03-0.40.050.650.10.260.52-0.1-0.340.170.89-0.90.840.920.950.720.640.810.620.08-0.62
0.070.180.50.230.31-0.02-0.490.110.590.060.130.510.05-0.160.130.9-0.980.820.990.950.570.440.630.44-0.08-0.43
0.240.30.730.35-0.140.13-0.41-0.010.660.010.60.54-0.48-0.660.220.56-0.470.560.50.720.570.820.940.780.12-0.84
0.260.320.490.36-0.10.17-0.130.010.440.10.480.23-0.47-0.770.140.45-0.340.580.40.640.440.820.860.820.23-0.97
0.290.370.660.42-0.020.17-0.27-0.070.650.080.550.52-0.39-0.590.240.6-0.540.620.580.810.630.940.860.810.26-0.84
0.180.270.390.31-0.120.04-0.08-0.230.46-0.010.470.27-0.27-0.670.060.44-0.350.40.380.620.440.780.820.810.52-0.82
0.070.11-0.120.12-0.160.00.5-0.410.030.00.16-0.21-0.07-0.23-0.080.030.09-0.16-0.070.08-0.080.120.230.260.52-0.25
-0.21-0.29-0.51-0.320.13-0.110.20.09-0.47-0.08-0.5-0.240.410.85-0.14-0.520.34-0.59-0.39-0.62-0.43-0.84-0.97-0.84-0.82-0.25
Click cells to compare fundamentals

About BHP Group Financial Statements

BHP Group shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although BHP Group investors may analyze each financial statement separately, they are all interrelated. The changes in BHP Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on BHP Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets102.4 B69.3 B
Intangibles To Total Assets 0.02  0.01 

Pair Trading with BHP Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BHP Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BHP Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with BHP Stock

  0.93VALE Vale SA ADRPairCorr

Moving against BHP Stock

  0.31BYU BAIYU HoldingsPairCorr
The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BHP Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BHP Group Limited to buy it.
The correlation of BHP Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BHP Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for BHP Stock Analysis

When running BHP Group's price analysis, check to measure BHP Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.