BAE Common Stock Shares Outstanding vs Other Current Assets Analysis

BA Stock   1,298  36.00  2.70%   
BAE Systems financial indicator trend analysis is way more than just evaluating BAE Systems plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAE Systems plc is a good investment. Please check the relationship between BAE Systems Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BAE Systems plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BAE Systems plc Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BAE Systems' Common Stock Shares Outstanding and Other Current Assets is 0.14. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of BAE Systems plc, assuming nothing else is changed. The correlation between historical values of BAE Systems' Common Stock Shares Outstanding and Other Current 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 Common Stock Shares Outstanding of BAE Systems plc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., BAE Systems' Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from BAE Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAE Systems plc 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 BAE Systems plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 32.6 M, whereas Selling General Administrative is forecasted to decline to about 5.7 B.
 2021 2022 2023 2024 (projected)
Interest Expense252M273M353M261.9M
Depreciation And Amortization701M764M782M495.3M

BAE Systems fundamental ratios Correlations

0.830.50.920.60.880.390.670.380.030.710.98-0.450.89-0.710.8-0.250.74-0.050.030.390.920.450.940.18-0.73
0.830.310.60.490.750.610.790.37-0.260.530.79-0.550.71-0.540.56-0.270.590.06-0.130.390.750.350.770.58-0.56
0.50.310.550.710.520.270.340.39-0.240.630.440.00.45-0.710.38-0.260.180.29-0.04-0.350.380.710.53-0.01-0.72
0.920.60.550.50.730.10.440.190.280.70.92-0.220.79-0.760.88-0.190.67-0.20.10.340.920.420.810.09-0.76
0.60.490.710.50.780.580.560.78-0.150.720.57-0.20.6-0.610.220.060.480.60.01-0.040.320.880.730.0-0.65
0.880.750.520.730.780.490.80.74-0.070.60.89-0.550.74-0.530.460.030.830.37-0.110.140.650.650.90.05-0.56
0.390.610.270.10.580.490.640.52-0.740.440.26-0.410.43-0.370.04-0.240.180.49-0.18-0.040.230.490.590.28-0.4
0.670.790.340.440.560.80.640.72-0.390.280.68-0.790.42-0.340.290.060.650.32-0.450.180.490.40.670.18-0.4
0.380.370.390.190.780.740.520.72-0.260.250.42-0.60.26-0.14-0.120.30.560.69-0.25-0.130.040.610.52-0.2-0.21
0.03-0.26-0.240.28-0.15-0.07-0.74-0.39-0.260.010.170.320.010.020.230.370.29-0.360.340.440.12-0.12-0.16-0.170.04
0.710.530.630.70.720.60.440.280.250.010.640.030.87-0.910.64-0.450.440.080.430.190.670.730.770.15-0.9
0.980.790.440.920.570.890.260.680.420.170.64-0.480.82-0.650.78-0.120.83-0.06-0.010.430.890.420.870.14-0.67
-0.45-0.550.0-0.22-0.2-0.55-0.41-0.79-0.60.320.03-0.48-0.190.02-0.190.01-0.56-0.020.37-0.2-0.320.04-0.41-0.020.1
0.890.710.450.790.60.740.430.420.260.010.870.82-0.19-0.740.72-0.490.57-0.030.410.380.820.490.90.14-0.73
-0.71-0.54-0.71-0.76-0.61-0.53-0.37-0.34-0.140.02-0.91-0.650.02-0.74-0.780.44-0.390.08-0.16-0.12-0.75-0.66-0.68-0.230.99
0.80.560.380.880.220.460.040.29-0.120.230.640.78-0.190.72-0.78-0.450.45-0.570.140.480.930.140.610.2-0.78
-0.25-0.27-0.26-0.190.060.03-0.240.060.30.37-0.45-0.120.01-0.490.44-0.450.150.42-0.48-0.03-0.40.05-0.25-0.160.43
0.740.590.180.670.480.830.180.650.560.290.440.83-0.560.57-0.390.450.150.140.00.30.640.440.68-0.01-0.4
-0.050.060.29-0.20.60.370.490.320.69-0.360.08-0.06-0.02-0.030.08-0.570.420.14-0.2-0.49-0.350.660.2-0.070.08
0.03-0.13-0.040.10.01-0.11-0.18-0.45-0.250.340.43-0.010.370.41-0.160.14-0.480.0-0.20.250.110.030.09-0.12-0.13
0.390.39-0.350.34-0.040.14-0.040.18-0.130.440.190.43-0.20.38-0.120.48-0.030.3-0.490.250.45-0.280.230.13-0.16
0.920.750.380.920.320.650.230.490.040.120.670.89-0.320.82-0.750.93-0.40.64-0.350.110.450.260.790.28-0.74
0.450.350.710.420.880.650.490.40.61-0.120.730.420.040.49-0.660.140.050.440.660.03-0.280.260.590.06-0.65
0.940.770.530.810.730.90.590.670.52-0.160.770.87-0.410.9-0.680.61-0.250.680.20.090.230.790.590.11-0.69
0.180.58-0.010.090.00.050.280.18-0.2-0.170.150.14-0.020.14-0.230.2-0.16-0.01-0.07-0.120.130.280.060.11-0.21
-0.73-0.56-0.72-0.76-0.65-0.56-0.4-0.4-0.210.04-0.9-0.670.1-0.730.99-0.780.43-0.40.08-0.13-0.16-0.74-0.65-0.69-0.21
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BAE Systems Account Relationship Matchups

BAE Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.0B27.9B27.1B31.5B32.1B18.6B
Short Long Term Debt Total4.8B6.7B6.4B6.9B6.5B3.3B
Other Current Liab4.3B4.5B4.3B8.7B9.0B9.5B
Total Current Liabilities9.1B9.4B8.7B9.8B10.9B7.5B
Total Stockholder Equity5.4B4.6B7.4B11.2B10.6B11.1B
Property Plant And Equipment Net3.6B3.7B3.9B4.7B4.9B2.5B
Current Deferred Revenue3.5B3.4B3.0B4.0B3.9B4.1B
Net Debt2.2B3.9B3.4B3.8B2.5B1.4B
Retained Earnings2.5B2.0B4.8B7.5B3.0B3.2B
Accounts Payable703M675M697M839M866M822.7M
Cash2.6B2.8B2.9B3.1B4.1B4.3B
Non Current Assets Total16.8B18.5B18.3B20.8B20.3B10.9B
Non Currrent Assets Other(9.7B)(10.4B)(10.4B)(10.3B)1.6B1.7B
Cash And Short Term Investments2.8B3.0B3.1B3.4B4.0B2.6B
Short Term Investments210M189M194M252M205M194.8M
Liabilities And Stockholders Equity26.0B27.9B27.1B31.5B32.1B18.7B
Non Current Liabilities Total10.9B13.0B10.0B9.2B10.4B5.4B
Inventory835M858M811M976M1.2B1.1B
Other Current Assets135M740M444M509M975M1.1B
Total Liab20.0B22.3B18.7B19.1B21.3B14.0B
Property Plant And Equipment Gross3.6B3.7B3.9B4.7B9.1B9.5B
Total Current Assets9.2B9.4B8.8B10.6B11.8B7.5B
Short Term Debt615M703M669M241M774M686.9M
Accumulated Other Comprehensive Income1.6B1.3B1.3B2.4B6.2B6.5B
Intangible Assets10.4B11.7B11.7B12.6B713M677.4M
Other Liab6.8B7.1B5.1B3.6B4.2B5.2B
Other Assets1.9B2.2B2.0B2.5B2.9B1.8B
Long Term Debt3.0B5.0B4.6B5.2B4.4B3.4B
Net Receivables5.5B5.1B4.5B5.8B5.6B3.7B
Good Will10.0B10.8B10.9B11.8B11.4B10.2B
Property Plant Equipment3.6B3.7B3.9B4.7B5.4B5.6B
Net Tangible Assets(4.9B)(7.1B)(4.3B)(1.4B)(1.6B)(1.7B)
Short Long Term Debt377M467M457M53M627M470.3M
Long Term Debt Total3.5B4.1B6.0B5.7B6.5B5.1B

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Other Information on Investing in BAE Stock

Balance Sheet is a snapshot of the financial position of BAE Systems plc at a specified time, usually calculated after every quarter, six months, or one year. BAE Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BAE Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BAE currently owns. An asset can also be divided into two categories, current and non-current.