0HKP Change To Netincome vs Depreciation Analysis

0HKP Stock

29.18 0.03 0.10%

BP PLC financial indicator trend analysis is way more than just evaluating BP PLC ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BP PLC ADR is a good investment. Please check the relationship between BP PLC Change To Netincome and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. 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.

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP PLC ADR Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BP PLC's Change To Netincome and Depreciation is -0.28. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of BP PLC ADR, assuming nothing else is changed. The correlation between historical values of BP PLC's Change To Netincome and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of BP PLC ADR are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., BP PLC's Change To Netincome and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Netincome

Depreciation

Depreciation indicates how much of BP PLC ADR value has been used up. For tax purposes BP PLC can deduct the cost of the tangible assets it purchases as business expenses. However, BP PLC ADR must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from BP PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BP PLC ADR 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 BP PLC ADR. 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.

Selling General Administrative is likely to gain to about 12 B in 2024, despite the fact that Tax Provision is likely to grow to (3.6 B).

	2019	2020	2023	2024 (projected)
Gross Profit	45.7B	25.0B	28.8B	39.7B
Total Revenue	278.4B	161.3B	145.2B	185.9B

Gross Profit Total Revenue

BP PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.63	0.66	-0.39	-0.6	0.21	0.41	0.67	0.31	0.72	0.78	0.5	0.8	0.61	0.14	0.69	0.8	0.64	0.4	-0.49	-0.69	-0.56	0.56	-0.67	-0.5	0.55
Short Long Term Debt Total	0.63		0.86	-0.89	-0.96	0.76	0.78	0.99	0.84	0.86	0.93	0.95	0.78	0.83	0.17	0.63	0.97	0.89	0.86	-0.92	-0.61	-0.84	0.72	-0.52	-0.88	0.77
Total Current Liabilities	0.66	0.86		-0.75	-0.84	0.68	0.41	0.88	0.75	0.95	0.88	0.79	0.81	0.99	-0.07	0.8	0.87	0.99	0.63	-0.74	-0.75	-0.81	0.96	-0.39	-0.83	0.97
Total Stockholder Equity	-0.39	-0.89	-0.75		0.87	-0.9	-0.69	-0.9	-0.95	-0.68	-0.84	-0.85	-0.75	-0.75	0.15	-0.58	-0.81	-0.8	-0.71	0.97	0.7	0.95	-0.68	0.63	0.96	-0.73
Retained Earnings	-0.6	-0.96	-0.84	0.87		-0.74	-0.79	-0.96	-0.8	-0.9	-0.9	-0.96	-0.7	-0.79	-0.06	-0.7	-0.93	-0.86	-0.9	0.92	0.61	0.84	-0.7	0.53	0.88	-0.73
Cash	0.21	0.76	0.68	-0.9	-0.74		0.49	0.79	0.99	0.59	0.71	0.72	0.66	0.71	-0.32	0.51	0.66	0.75	0.52	-0.79	-0.58	-0.84	0.66	-0.44	-0.87	0.7
Other Assets	0.41	0.78	0.41	-0.69	-0.79	0.49		0.75	0.56	0.54	0.66	0.83	0.41	0.35	0.44	0.21	0.74	0.46	0.89	-0.8	-0.22	-0.55	0.19	-0.49	-0.57	0.26
Long Term Debt	0.67	0.99	0.88	-0.9	-0.96	0.79	0.75		0.87	0.88	0.97	0.95	0.84	0.85	0.04	0.67	0.97	0.9	0.81	-0.92	-0.68	-0.88	0.76	-0.58	-0.91	0.79
Cash And Short Term Investments	0.31	0.84	0.75	-0.95	-0.8	0.99	0.56	0.87		0.66	0.8	0.8	0.74	0.77	-0.24	0.54	0.75	0.81	0.59	-0.85	-0.63	-0.88	0.71	-0.48	-0.92	0.76
Net Receivables	0.72	0.86	0.95	-0.68	-0.9	0.59	0.54	0.88	0.66		0.88	0.85	0.73	0.91	0.05	0.78	0.9	0.93	0.74	-0.73	-0.65	-0.73	0.86	-0.38	-0.75	0.86
Good Will	0.78	0.93	0.88	-0.84	-0.9	0.71	0.66	0.97	0.8	0.88		0.88	0.92	0.84	-0.05	0.7	0.97	0.89	0.69	-0.86	-0.77	-0.87	0.79	-0.67	-0.88	0.79
Short Term Investments	0.5	0.95	0.79	-0.85	-0.96	0.72	0.83	0.95	0.8	0.85	0.88		0.64	0.74	0.14	0.51	0.9	0.81	0.92	-0.89	-0.47	-0.75	0.66	-0.41	-0.82	0.68
Capital Surpluse	0.8	0.78	0.81	-0.75	-0.7	0.66	0.41	0.84	0.74	0.73	0.92	0.64		0.81	-0.2	0.73	0.86	0.83	0.39	-0.73	-0.89	-0.86	0.78	-0.76	-0.82	0.78
Inventory	0.61	0.83	0.99	-0.75	-0.79	0.71	0.35	0.85	0.77	0.91	0.84	0.74	0.81		-0.09	0.79	0.83	0.99	0.57	-0.73	-0.77	-0.82	0.97	-0.38	-0.82	0.99
Other Current Assets	0.14	0.17	-0.07	0.15	-0.06	-0.32	0.44	0.04	-0.24	0.05	-0.05	0.14	-0.2	-0.09		-0.31	0.16	-0.06	0.4	0.01	0.42	0.27	-0.27	0.23	0.28	-0.16
Other Stockholder Equity	0.69	0.63	0.8	-0.58	-0.7	0.51	0.21	0.67	0.54	0.78	0.7	0.51	0.73	0.79	-0.31		0.7	0.8	0.39	-0.61	-0.86	-0.77	0.78	-0.57	-0.75	0.77
Total Liab	0.8	0.97	0.87	-0.81	-0.93	0.66	0.74	0.97	0.75	0.9	0.97	0.9	0.86	0.83	0.16	0.7		0.89	0.79	-0.87	-0.69	-0.83	0.74	-0.61	-0.84	0.77
Total Current Assets	0.64	0.89	0.99	-0.8	-0.86	0.75	0.46	0.9	0.81	0.93	0.89	0.81	0.83	0.99	-0.06	0.8	0.89		0.65	-0.79	-0.76	-0.85	0.94	-0.43	-0.87	0.97
Treasury Stock	0.4	0.86	0.63	-0.71	-0.9	0.52	0.89	0.81	0.59	0.74	0.69	0.92	0.39	0.57	0.4	0.39	0.79	0.65		-0.82	-0.25	-0.58	0.43	-0.28	-0.65	0.49
Intangible Assets	-0.49	-0.92	-0.74	0.97	0.92	-0.79	-0.8	-0.92	-0.85	-0.73	-0.86	-0.89	-0.73	-0.73	0.01	-0.61	-0.87	-0.79	-0.82		0.69	0.93	-0.63	0.68	0.94	-0.68
Common Stock	-0.69	-0.61	-0.75	0.7	0.61	-0.58	-0.22	-0.68	-0.63	-0.65	-0.77	-0.47	-0.89	-0.77	0.42	-0.86	-0.69	-0.76	-0.25	0.69		0.89	-0.78	0.8	0.82	-0.77
Property Plant Equipment	-0.56	-0.84	-0.81	0.95	0.84	-0.84	-0.55	-0.88	-0.88	-0.73	-0.87	-0.75	-0.86	-0.82	0.27	-0.77	-0.83	-0.85	-0.58	0.93	0.89		-0.76	0.77	0.98	-0.8
Other Current Liab	0.56	0.72	0.96	-0.68	-0.7	0.66	0.19	0.76	0.71	0.86	0.79	0.66	0.78	0.97	-0.27	0.78	0.74	0.94	0.43	-0.63	-0.78	-0.76		-0.33	-0.78	0.98
Other Liab	-0.67	-0.52	-0.39	0.63	0.53	-0.44	-0.49	-0.58	-0.48	-0.38	-0.67	-0.41	-0.76	-0.38	0.23	-0.57	-0.61	-0.43	-0.28	0.68	0.8	0.77	-0.33		0.67	-0.34
Net Tangible Assets	-0.5	-0.88	-0.83	0.96	0.88	-0.87	-0.57	-0.91	-0.92	-0.75	-0.88	-0.82	-0.82	-0.82	0.28	-0.75	-0.84	-0.87	-0.65	0.94	0.82	0.98	-0.78	0.67		-0.81
Accounts Payable	0.55	0.77	0.97	-0.73	-0.73	0.7	0.26	0.79	0.76	0.86	0.79	0.68	0.78	0.99	-0.16	0.77	0.77	0.97	0.49	-0.68	-0.77	-0.8	0.98	-0.34	-0.81

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BP PLC Account Relationship Matchups

BP PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	276.5B	282.2B	295.2B	267.7B	307.8B	304.7B
Short Long Term Debt Total	55.5B	56.4B	64.9B	70.6B	81.2B	65.8B
Total Current Liabilities	73.6B	59.8B	80.3B	99.0B	113.9B	79.2B
Total Stockholder Equity	98.5B	99.4B	98.4B	71.3B	64.1B	74.1B
Retained Earnings	73.7B	47.3B	51.8B	34.7B	31.3B	53.2B
Cash	19.5B	15.0B	14.3B	23.0B	26.4B	19.7B
Other Assets	22.0B	32.9B	31.1B	17.6B	20.3B	23.4B
Long Term Debt	54.9B	55.8B	57.2B	63.3B	72.8B	62.1B
Cash And Short Term Investments	24.2B	21.3B	21.0B	29.5B	34.0B	26.3B
Net Receivables	26.1B	19.1B	28.0B	34.9B	40.2B	27.4B
Good Will	11.6B	12.2B	11.9B	12.5B	14.4B	13.0B
Short Term Investments	125M	222M	169M	333M	383.0M	196.5M
Capital Surpluse	12.1B	12.3B	12.4B	12.6B	14.5B	13.6B
Inventory	20.9B	16.9B	23.7B	28.1B	32.3B	22.7B
Other Current Assets	11.7B	4.6B	7.6B	1.6B	1.8B	1.8B
Other Stockholder Equity	(5.9B)	(8.0B)	(8.9B)	(719M)	(826.9M)	(868.2M)
Total Liab	178.0B	182.7B	196.8B	196.4B	225.9B	202.8B
Total Current Assets	82.1B	73.0B	92.6B	107.7B	123.8B	89.5B
Treasury Stock	(17.0B)	(15.8B)	(14.4B)	(13.2B)	(15.2B)	(16.0B)
Intangible Assets	18.4B	17.3B	15.5B	6.1B	5.5B	5.2B
Common Stock	5.4B	5.4B	5.2B	4.8B	4.3B	4.2B
Property Plant Equipment	132.6B	114.8B	112.9B	106.0B	95.4B	98.4B
Other Current Liab	21.2B	17.2B	25.1B	34.7B	39.9B	26.1B
Other Liab	56.0B	51.7B	54.1B	55.9B	50.3B	43.9B
Net Tangible Assets	71.0B	52.7B	56.6B	45.4B	40.8B	48.6B
Accounts Payable	32.4B	24.5B	39.5B	49.9B	57.4B	37.4B

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0HKP Change To Netincome vs Depreciation Analysis

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Netincome

Depreciation

BP PLC fundamental ratios Correlations

BP PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BP PLC fundamental ratios Accounts

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Additional Tools for 0HKP Stock Analysis

COMMON DESTINATIONS

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COMPANY

Long Term Debt	+ 0.99	Short Long Term Debt Total
Inventory	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Inventory
Accounts Payable	+ 0.99	Inventory

Short Term Investments	- 0.96	Retained Earnings
Long Term Debt	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Short Long Term Debt Total
Cash And Short Term Investments	- 0.95	Total Stockholder Equity
Total Liab	- 0.93	Retained Earnings
Net Tangible Assets	- 0.92	Cash And Short Term Investments