Bankers Total Current Liabilities from 2010 to 2026
| BNK Stock | CAD 17.40 0.32 1.87% |
Total Current Liabilities | First Reported 2010-12-31 | Previous Quarter 229.3 K | Current Value 241.9 K | Quarterly Volatility 102.8 K |
Check Bankers Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bankers Petroleum's main balance sheet or income statement drivers, such as Selling General Administrative of 193 K, Total Revenue of 3.9 M or Gross Profit of 3.9 M, as well as many indicators such as Price To Sales Ratio of 7.38, Dividend Yield of 0.21 or PTB Ratio of 0.82. Bankers financial statements analysis is a perfect complement when working with Bankers Petroleum Valuation or Volatility modules.
Bankers | Total Current Liabilities |
Latest Bankers Petroleum's Total Current Liabilities Growth Pattern
Below is the plot of the Total Current Liabilities of Bankers Petroleum over the last few years. Total Current Liabilities is an item on Bankers Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bankers Petroleum are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is 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. Bankers Petroleum's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bankers Petroleum's overall financial position and show how it may be relating to other accounts over time.
| Total Current Liabilities | 10 Years Trend |
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Total Current Liabilities |
| Timeline |
Bankers Total Current Liabilities Regression Statistics
| Arithmetic Mean | 240,023 | |
| Geometric Mean | 228,588 | |
| Coefficient Of Variation | 42.85 | |
| Mean Deviation | 49,626 | |
| Median | 209,765 | |
| Standard Deviation | 102,843 | |
| Sample Variance | 10.6B | |
| Range | 468.7K | |
| R-Value | 0.24 | |
| Mean Square Error | 10.7B | |
| R-Squared | 0.06 | |
| Significance | 0.36 | |
| Slope | 4,801 | |
| Total Sum of Squares | 169.2B |
Bankers Total Current Liabilities History
About Bankers Petroleum Financial Statements
Bankers Petroleum investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Bankers Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Current Liabilities | 229.3 K | 241.9 K |
Pair Trading with Bankers Petroleum
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 Bankers Petroleum 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 Bankers Petroleum will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bankers Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bankers Petroleum 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 Bankers Petroleum - 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 Bankers Petroleum to buy it.
The correlation of Bankers Petroleum 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 Bankers Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bankers Petroleum 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 Bankers Petroleum 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.Other Information on Investing in Bankers Stock
Bankers Petroleum financial ratios help investors to determine whether Bankers Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bankers with respect to the benefits of owning Bankers Petroleum security.