BYD Intangible Assets vs Short Term Debt Analysis

0VSO Stock   35.60  3.24  10.01%   
BYD Co financial indicator trend analysis is way more than just evaluating BYD Co prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BYD Co is a good investment. Please check the relationship between BYD Co Intangible Assets and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYD Co. 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.

Intangible Assets vs Short Term Debt

Intangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BYD Co Intangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BYD Co's Intangible Assets and Short Term Debt is -0.44. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of BYD Co, assuming nothing else is changed. The correlation between historical values of BYD Co's Intangible Assets 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 Intangible Assets of BYD Co 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 Intangible Assets i.e., BYD Co's Intangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Debt

Most indicators from BYD Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BYD Co 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 BYD Co. 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 608.4 M in 2024. Selling General Administrative is likely to drop to about 9.4 B in 2024
 2019 2020 2023 2024 (projected)
Gross Profit19.8B28.9B33.3B23.7B
Total Revenue127.7B156.6B180.1B137.2B

BYD Co fundamental ratios Correlations

0.920.740.940.830.980.860.920.980.96-0.460.630.890.88-0.821.00.9-0.540.980.710.710.140.660.660.720.67
0.920.670.850.840.930.841.00.930.85-0.30.530.930.77-0.860.920.89-0.730.910.660.650.210.630.610.760.61
0.740.670.850.860.710.910.670.710.79-0.790.830.780.96-0.820.720.8-0.60.690.881.0-0.150.930.990.860.99
0.940.850.850.860.90.880.860.90.92-0.660.850.860.92-0.810.920.87-0.560.910.870.830.080.760.80.790.8
0.830.840.860.860.840.850.840.840.87-0.430.720.940.87-0.830.820.94-0.740.760.870.85-0.090.80.840.940.84
0.980.930.710.90.840.860.941.00.95-0.380.570.920.84-0.860.990.92-0.620.950.680.680.050.660.630.740.64
0.860.840.910.880.850.860.840.860.85-0.660.720.90.93-0.930.850.9-0.690.840.820.89-0.030.910.860.870.88
0.921.00.670.860.840.940.840.940.86-0.310.530.930.77-0.860.930.89-0.720.920.660.650.220.630.610.760.61
0.980.930.710.90.841.00.860.940.95-0.380.570.920.84-0.860.990.92-0.620.950.680.680.050.660.630.740.64
0.960.850.790.920.870.950.850.860.95-0.470.670.860.9-0.760.960.88-0.470.950.730.760.120.660.720.740.71
-0.46-0.3-0.79-0.66-0.43-0.38-0.66-0.31-0.38-0.47-0.83-0.36-0.730.54-0.42-0.380.27-0.44-0.71-0.80.13-0.71-0.79-0.46-0.8
0.630.530.830.850.720.570.720.530.570.67-0.830.620.77-0.620.590.64-0.480.580.940.84-0.130.750.830.720.83
0.890.930.780.860.940.920.90.930.920.86-0.360.620.83-0.910.890.99-0.80.830.80.76-0.070.810.730.920.75
0.880.770.960.920.870.840.930.770.840.9-0.730.770.83-0.840.860.86-0.550.830.830.95-0.040.870.930.820.92
-0.82-0.86-0.82-0.81-0.83-0.86-0.93-0.86-0.86-0.760.54-0.62-0.91-0.84-0.82-0.870.86-0.76-0.74-0.810.21-0.86-0.79-0.83-0.81
1.00.920.720.920.820.990.850.930.990.96-0.420.590.890.86-0.820.89-0.530.980.670.680.150.640.640.70.64
0.90.890.80.870.940.920.90.890.920.88-0.380.640.990.86-0.870.89-0.710.840.820.77-0.060.830.740.930.76
-0.54-0.73-0.6-0.56-0.74-0.62-0.69-0.72-0.62-0.470.27-0.48-0.8-0.550.86-0.53-0.71-0.44-0.65-0.610.36-0.71-0.62-0.78-0.64
0.980.910.690.910.760.950.840.920.950.95-0.440.580.830.83-0.760.980.84-0.440.640.660.320.580.60.640.6
0.710.660.880.870.870.680.820.660.680.73-0.710.940.80.83-0.740.670.82-0.650.640.88-0.170.870.870.90.89
0.710.651.00.830.850.680.890.650.680.76-0.80.840.760.95-0.810.680.77-0.610.660.88-0.140.921.00.850.99
0.140.21-0.150.08-0.090.05-0.030.220.050.120.13-0.13-0.07-0.040.210.15-0.060.360.32-0.17-0.14-0.3-0.2-0.19-0.24
0.660.630.930.760.80.660.910.630.660.66-0.710.750.810.87-0.860.640.83-0.710.580.870.92-0.30.910.910.95
0.660.610.990.80.840.630.860.610.630.72-0.790.830.730.93-0.790.640.74-0.620.60.871.0-0.20.910.840.99
0.720.760.860.790.940.740.870.760.740.74-0.460.720.920.82-0.830.70.93-0.780.640.90.85-0.190.910.840.86
0.670.610.990.80.840.640.880.610.640.71-0.80.830.750.92-0.810.640.76-0.640.60.890.99-0.240.950.990.86
Click cells to compare fundamentals

BYD Co Account Relationship Matchups

BYD Co fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets178.1B194.6B195.6B201.0B231.2B201.2B
Short Long Term Debt Total10.9B13.9B22.5B24.5B28.1B17.8B
Total Current Liabilities108.0B106.4B171.3B333.3B383.3B402.5B
Total Stockholder Equity55.0B55.2B56.8B56.9B65.4B60.5B
Retained Earnings25.2B28.9B31.5B47.8B54.9B31.4B
Cash9.9B13.1B11.7B13.7B15.8B12.3B
Other Assets9.4B9.1B8.7B18.4B21.1B22.2B
Long Term Debt10.9B13.9B21.9B23.6B27.2B17.5B
Cash And Short Term Investments9.9B13.1B11.7B13.7B15.8B12.3B
Net Receivables60.6B57.7B56.1B68.2B78.5B63.3B
Capital Surpluse24.5B24.5B24.5B24.7B28.4B27.0B
Inventory26.3B25.6B31.4B43.4B49.9B30.0B
Other Current Assets8.2B8.0B10.6B21.4B24.6B25.8B
Other Stockholder Equity3.6B4.3B542.6M(113.7M)(102.3M)(97.2M)
Total Liab123.1B139.4B138.9B144.1B165.8B140.6B
Total Current Assets115.2B107.0B111.6B166.1B191.0B124.8B
Short Term Debt62.6B58.9B59.0B25.3B22.8B40.7B
Intangible Assets14.2B16.7B18.4B16.7B19.2B17.2B
Property Plant Equipment60.8B61.6B83.1B179.6B206.6B216.9B
Other Liab2.5B5.7B8.0B28.9B33.3B34.9B
Net Tangible Assets44.0B45.0B77.9B87.7B100.9B65.7B
Accounts Payable36.2B51.9B80.5B143.8B165.3B173.6B

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