Aker Long Term Debt vs Short Term Debt Analysis

0M5J Stock   230.45  2.05  0.90%   
Aker BP financial indicator trend analysis is way more than just evaluating Aker BP ASA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aker BP ASA is a good investment. Please check the relationship between Aker BP Long Term Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aker BP ASA. 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.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aker BP ASA Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aker BP's Long Term Debt and Short Term Debt is -0.26. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Aker BP ASA, assuming nothing else is changed. The correlation between historical values of Aker BP's Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Aker BP ASA are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Aker BP's Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Aker BP ASA has held for over one year. Long-term debt appears on Aker BP ASA balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Aker BP ASA balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from Aker BP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aker BP ASA 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 Aker BP ASA. 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.
Tax Provision is likely to drop to about 130 M in 2024
 2019 2020 2023 2024 (projected)
Interest Income99.6M113.0M130.0M67.9M
Tax Provision943.2M119.0M136.8M130.0M

Aker BP fundamental ratios Correlations

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-0.76-0.84-0.450.75-0.78-0.55-0.82-0.78-0.580.76-0.62-0.58-0.47-0.4-0.83-0.44-0.53-0.41-0.570.27-0.41-0.490.5-0.70.3
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0.750.670.97-0.68-0.550.860.670.861.0-0.910.810.860.990.970.740.950.550.861.0-0.780.980.99-0.930.76-0.81
0.721.00.55-0.92-0.820.810.670.810.7-0.770.610.830.60.550.810.590.350.710.66-0.260.580.62-0.60.77-0.31
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0.750.70.96-0.72-0.580.861.00.70.86-0.930.810.860.980.960.750.940.570.850.99-0.780.970.98-0.920.8-0.81
-0.82-0.78-0.850.80.76-0.92-0.91-0.77-0.92-0.93-0.84-0.76-0.87-0.82-0.83-0.85-0.62-0.7-0.920.79-0.85-0.890.78-0.860.82
0.960.630.82-0.46-0.620.780.810.610.780.81-0.840.790.750.720.910.750.840.750.83-0.630.730.76-0.690.8-0.66
0.80.830.83-0.7-0.580.790.860.830.790.86-0.760.790.830.820.830.810.50.960.85-0.410.820.83-0.840.75-0.46
0.680.60.97-0.65-0.470.780.990.60.780.98-0.870.750.830.990.660.930.520.870.99-0.790.991.0-0.960.71-0.82
0.650.550.97-0.59-0.40.760.970.550.760.96-0.820.720.820.990.630.940.460.880.97-0.770.990.99-0.960.66-0.8
0.990.830.72-0.64-0.830.850.740.810.850.75-0.830.910.830.660.630.70.710.720.76-0.40.630.68-0.650.85-0.45
0.710.590.97-0.62-0.440.860.950.590.860.94-0.850.750.810.930.940.70.40.820.94-0.760.960.95-0.860.71-0.8
0.780.380.56-0.19-0.530.430.550.350.430.57-0.620.840.50.520.460.710.40.450.6-0.460.470.5-0.490.7-0.48
0.710.70.85-0.61-0.410.680.860.710.680.85-0.70.750.960.870.880.720.820.450.86-0.480.860.86-0.890.67-0.52
0.780.660.98-0.67-0.570.851.00.660.850.99-0.920.830.850.990.970.760.940.60.86-0.790.970.99-0.940.79-0.82
-0.47-0.27-0.780.430.27-0.62-0.78-0.26-0.62-0.780.79-0.63-0.41-0.79-0.77-0.4-0.76-0.46-0.48-0.79-0.8-0.810.65-0.541.0
0.650.570.98-0.63-0.410.780.980.580.780.97-0.850.730.820.990.990.630.960.470.860.97-0.80.99-0.930.71-0.83
0.690.620.97-0.67-0.490.810.990.620.810.98-0.890.760.831.00.990.680.950.50.860.99-0.810.99-0.950.73-0.84
-0.66-0.6-0.920.610.5-0.71-0.93-0.6-0.71-0.920.78-0.69-0.84-0.96-0.96-0.65-0.86-0.49-0.89-0.940.65-0.93-0.95-0.650.67
0.830.790.74-0.72-0.70.740.760.770.740.8-0.860.80.750.710.660.850.710.70.670.79-0.540.710.73-0.65-0.58
-0.51-0.31-0.810.470.3-0.65-0.81-0.31-0.65-0.810.82-0.66-0.46-0.82-0.8-0.45-0.8-0.48-0.52-0.821.0-0.83-0.840.67-0.58
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Aker BP Account Relationship Matchups

Aker BP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.0B10.7B12.2B12.4B14.3B12.5B
Short Long Term Debt Total1.9B2.0B3.3B4.1B4.7B3.0B
Total Current Liabilities1.7B1.0B2.5B6.2B7.2B7.5B
Total Stockholder Equity3.0B3.0B2.4B2.0B1.8B2.0B
Retained Earnings(1.2B)(1.8B)(2.2B)(1.8B)(1.6B)(1.7B)
Cash231.5M44.9M107.1M537.8M618.5M649.4M
Other Assets37.6M69.3M102.2M276.9M318.5M334.4M
Long Term Debt1.9B2.0B3.1B4.0B4.6B3.0B
Cash And Short Term Investments231.5M44.9M107.1M537.8M618.5M649.4M
Net Receivables458.1M525.1M821.5M1.5B1.7B1.8B
Inventory87.5M112.7M126.4M209.5M240.9M121.7M
Other Stockholder Equity(115.6M)(115.6M)(115.6M)179.8M206.7M217.1M
Total Liab9.0B7.7B9.9B10.4B12.0B9.6B
Total Current Assets718.6M1.3B3.0B4.8B5.5B5.7B
Intangible Assets2.0B2.4B2.5B2.0B2.3B2.4B
Property Plant Equipment7.2B7.4B8.1B16.0B18.4B19.3B
Other Current Liab972.6M599.5M2.0B5.8B6.6B7.0B
Other Liab4.9B5.3B6.0B13.5B15.5B16.3B
Net Tangible Assets(1.9B)(1.7B)(969.6M)(4.1B)(3.7B)(3.5B)
Accounts Payable144.9M113.5M147.4M133.9M154.0M142.0M

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