0HKP Total Assets vs Intangible Assets 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 Total Assets and its Intangible Assets 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.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP PLC ADR Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BP PLC's Total Assets and Intangible Assets is -0.49. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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 Total Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of BP PLC ADR are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., BP PLC's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of BP PLC 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 BP PLC ADR 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. 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Profit45.7B25.0B28.8B39.7B
Total Revenue278.4B161.3B145.2B185.9B

BP PLC fundamental ratios Correlations

0.630.66-0.39-0.60.210.410.670.310.720.780.50.80.610.140.690.80.640.4-0.49-0.69-0.560.56-0.67-0.50.55
0.630.86-0.89-0.960.760.780.990.840.860.930.950.780.830.170.630.970.890.86-0.92-0.61-0.840.72-0.52-0.880.77
0.660.86-0.75-0.840.680.410.880.750.950.880.790.810.99-0.070.80.870.990.63-0.74-0.75-0.810.96-0.39-0.830.97
-0.39-0.89-0.750.87-0.9-0.69-0.9-0.95-0.68-0.84-0.85-0.75-0.750.15-0.58-0.81-0.8-0.710.970.70.95-0.680.630.96-0.73
-0.6-0.96-0.840.87-0.74-0.79-0.96-0.8-0.9-0.9-0.96-0.7-0.79-0.06-0.7-0.93-0.86-0.90.920.610.84-0.70.530.88-0.73
0.210.760.68-0.9-0.740.490.790.990.590.710.720.660.71-0.320.510.660.750.52-0.79-0.58-0.840.66-0.44-0.870.7
0.410.780.41-0.69-0.790.490.750.560.540.660.830.410.350.440.210.740.460.89-0.8-0.22-0.550.19-0.49-0.570.26
0.670.990.88-0.9-0.960.790.750.870.880.970.950.840.850.040.670.970.90.81-0.92-0.68-0.880.76-0.58-0.910.79
0.310.840.75-0.95-0.80.990.560.870.660.80.80.740.77-0.240.540.750.810.59-0.85-0.63-0.880.71-0.48-0.920.76
0.720.860.95-0.68-0.90.590.540.880.660.880.850.730.910.050.780.90.930.74-0.73-0.65-0.730.86-0.38-0.750.86
0.780.930.88-0.84-0.90.710.660.970.80.880.880.920.84-0.050.70.970.890.69-0.86-0.77-0.870.79-0.67-0.880.79
0.50.950.79-0.85-0.960.720.830.950.80.850.880.640.740.140.510.90.810.92-0.89-0.47-0.750.66-0.41-0.820.68
0.80.780.81-0.75-0.70.660.410.840.740.730.920.640.81-0.20.730.860.830.39-0.73-0.89-0.860.78-0.76-0.820.78
0.610.830.99-0.75-0.790.710.350.850.770.910.840.740.81-0.090.790.830.990.57-0.73-0.77-0.820.97-0.38-0.820.99
0.140.17-0.070.15-0.06-0.320.440.04-0.240.05-0.050.14-0.2-0.09-0.310.16-0.060.40.010.420.27-0.270.230.28-0.16
0.690.630.8-0.58-0.70.510.210.670.540.780.70.510.730.79-0.310.70.80.39-0.61-0.86-0.770.78-0.57-0.750.77
0.80.970.87-0.81-0.930.660.740.970.750.90.970.90.860.830.160.70.890.79-0.87-0.69-0.830.74-0.61-0.840.77
0.640.890.99-0.8-0.860.750.460.90.810.930.890.810.830.99-0.060.80.890.65-0.79-0.76-0.850.94-0.43-0.870.97
0.40.860.63-0.71-0.90.520.890.810.590.740.690.920.390.570.40.390.790.65-0.82-0.25-0.580.43-0.28-0.650.49
-0.49-0.92-0.740.970.92-0.79-0.8-0.92-0.85-0.73-0.86-0.89-0.73-0.730.01-0.61-0.87-0.79-0.820.690.93-0.630.680.94-0.68
-0.69-0.61-0.750.70.61-0.58-0.22-0.68-0.63-0.65-0.77-0.47-0.89-0.770.42-0.86-0.69-0.76-0.250.690.89-0.780.80.82-0.77
-0.56-0.84-0.810.950.84-0.84-0.55-0.88-0.88-0.73-0.87-0.75-0.86-0.820.27-0.77-0.83-0.85-0.580.930.89-0.760.770.98-0.8
0.560.720.96-0.68-0.70.660.190.760.710.860.790.660.780.97-0.270.780.740.940.43-0.63-0.78-0.76-0.33-0.780.98
-0.67-0.52-0.390.630.53-0.44-0.49-0.58-0.48-0.38-0.67-0.41-0.76-0.380.23-0.57-0.61-0.43-0.280.680.80.77-0.330.67-0.34
-0.5-0.88-0.830.960.88-0.87-0.57-0.91-0.92-0.75-0.88-0.82-0.82-0.820.28-0.75-0.84-0.87-0.650.940.820.98-0.780.67-0.81
0.550.770.97-0.73-0.730.70.260.790.760.860.790.680.780.99-0.160.770.770.970.49-0.68-0.77-0.80.98-0.34-0.81
Click cells to compare fundamentals

BP PLC Account Relationship Matchups

BP PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.5B282.2B295.2B267.7B307.8B304.7B
Short Long Term Debt Total55.5B56.4B64.9B70.6B81.2B65.8B
Total Current Liabilities73.6B59.8B80.3B99.0B113.9B79.2B
Total Stockholder Equity98.5B99.4B98.4B71.3B64.1B74.1B
Retained Earnings73.7B47.3B51.8B34.7B31.3B53.2B
Cash19.5B15.0B14.3B23.0B26.4B19.7B
Other Assets22.0B32.9B31.1B17.6B20.3B23.4B
Long Term Debt54.9B55.8B57.2B63.3B72.8B62.1B
Cash And Short Term Investments24.2B21.3B21.0B29.5B34.0B26.3B
Net Receivables26.1B19.1B28.0B34.9B40.2B27.4B
Good Will11.6B12.2B11.9B12.5B14.4B13.0B
Short Term Investments125M222M169M333M383.0M196.5M
Capital Surpluse12.1B12.3B12.4B12.6B14.5B13.6B
Inventory20.9B16.9B23.7B28.1B32.3B22.7B
Other Current Assets11.7B4.6B7.6B1.6B1.8B1.8B
Other Stockholder Equity(5.9B)(8.0B)(8.9B)(719M)(826.9M)(868.2M)
Total Liab178.0B182.7B196.8B196.4B225.9B202.8B
Total Current Assets82.1B73.0B92.6B107.7B123.8B89.5B
Treasury Stock(17.0B)(15.8B)(14.4B)(13.2B)(15.2B)(16.0B)
Intangible Assets18.4B17.3B15.5B6.1B5.5B5.2B
Common Stock5.4B5.4B5.2B4.8B4.3B4.2B
Property Plant Equipment132.6B114.8B112.9B106.0B95.4B98.4B
Other Current Liab21.2B17.2B25.1B34.7B39.9B26.1B
Other Liab56.0B51.7B54.1B55.9B50.3B43.9B
Net Tangible Assets71.0B52.7B56.6B45.4B40.8B48.6B
Accounts Payable32.4B24.5B39.5B49.9B57.4B37.4B

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