Battalion Depreciation And Amortization vs Minority Interest Analysis

BATL Stock  USD 3.38  0.24  6.63%   
Battalion Oil financial indicator trend analysis is way more than just evaluating Battalion Oil Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Battalion Oil Corp is a good investment. Please check the relationship between Battalion Oil Depreciation And Amortization and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Depreciation And Amortization vs Minority Interest

Depreciation And Amortization vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Battalion Oil Corp Depreciation And Amortization account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Battalion Oil's Depreciation And Amortization and Minority Interest is 0.21. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Battalion Oil Corp, assuming nothing else is changed. The correlation between historical values of Battalion Oil's Depreciation And Amortization and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Battalion Oil Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Depreciation And Amortization i.e., Battalion Oil's Depreciation And Amortization and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Battalion Oil Corp whose combined shares represent less than 50% of the total outstanding shares issued by Battalion Oil have a minority interest in Battalion Oil.
Most indicators from Battalion Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Battalion Oil Corp 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 Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Battalion Oil's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value is expected to rise to about 482.4 M this year, although the value of Selling General Administrative will most likely fall to about 18.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit192.6M252.4M102.9M138.6M
Total Revenue285.2M359.1M218.5M339.2M

Battalion Oil fundamental ratios Correlations

0.950.850.94-0.220.650.950.770.970.940.961.0-0.55-0.041.0-0.060.880.96-0.24-0.370.980.80.960.10.74-0.05
0.950.651.0-0.20.531.00.891.00.920.890.95-0.75-0.150.94-0.170.960.89-0.2-0.370.930.830.890.110.58-0.07
0.850.650.63-0.20.720.650.390.690.730.830.85-0.060.190.860.170.540.87-0.21-0.340.830.590.870.00.830.02
0.941.00.63-0.180.51.00.880.990.930.890.94-0.76-0.230.94-0.250.960.87-0.19-0.360.930.790.870.110.58-0.09
-0.22-0.2-0.2-0.18-0.29-0.21-0.18-0.21-0.16-0.23-0.220.11-0.15-0.21-0.14-0.17-0.210.12-0.08-0.24-0.26-0.21-0.03-0.22-0.22
0.650.530.720.5-0.290.540.50.540.410.510.64-0.220.30.640.270.50.62-0.33-0.480.60.590.62-0.240.620.06
0.951.00.651.0-0.210.540.91.00.920.890.95-0.76-0.150.94-0.170.960.88-0.21-0.360.940.830.880.110.59-0.08
0.770.890.390.88-0.180.50.90.870.660.630.75-0.93-0.060.74-0.080.920.66-0.2-0.390.730.830.66-0.040.36-0.03
0.971.00.690.99-0.210.541.00.870.940.920.96-0.72-0.150.96-0.170.950.9-0.22-0.340.950.820.90.130.62-0.08
0.940.920.730.93-0.160.410.920.660.940.970.94-0.51-0.190.94-0.210.840.91-0.21-0.220.930.690.910.290.66-0.08
0.960.890.830.89-0.230.510.890.630.920.970.96-0.44-0.110.97-0.140.80.92-0.28-0.180.970.710.920.270.79-0.06
1.00.950.850.94-0.220.640.950.750.960.940.96-0.54-0.081.0-0.10.860.96-0.24-0.370.990.770.960.080.76-0.06
-0.55-0.75-0.06-0.760.11-0.22-0.76-0.93-0.72-0.51-0.44-0.540.22-0.520.23-0.79-0.40.170.22-0.53-0.65-0.4-0.09-0.170.08
-0.04-0.150.19-0.23-0.150.3-0.15-0.06-0.15-0.19-0.11-0.080.22-0.081.0-0.160.06-0.12-0.08-0.090.340.06-0.06-0.10.28
1.00.940.860.94-0.210.640.940.740.960.940.971.0-0.52-0.08-0.10.860.96-0.23-0.360.990.770.960.10.77-0.06
-0.06-0.170.17-0.25-0.140.27-0.17-0.08-0.17-0.21-0.14-0.10.231.0-0.1-0.180.04-0.04-0.09-0.110.330.04-0.06-0.130.25
0.880.960.540.96-0.170.50.960.920.950.840.80.86-0.79-0.160.86-0.180.77-0.21-0.360.850.860.770.070.46-0.05
0.960.890.870.87-0.210.620.880.660.90.910.920.96-0.40.060.960.040.77-0.22-0.40.940.751.0-0.010.67-0.02
-0.24-0.2-0.21-0.190.12-0.33-0.21-0.2-0.22-0.21-0.28-0.240.17-0.12-0.23-0.04-0.21-0.22-0.18-0.26-0.24-0.22-0.02-0.28-0.25
-0.37-0.37-0.34-0.36-0.08-0.48-0.36-0.39-0.34-0.22-0.18-0.370.22-0.08-0.36-0.09-0.36-0.4-0.18-0.26-0.33-0.40.31-0.080.22
0.980.930.830.93-0.240.60.940.730.950.930.970.99-0.53-0.090.99-0.110.850.94-0.26-0.260.770.940.130.78-0.08
0.80.830.590.79-0.260.590.830.830.820.690.710.77-0.650.340.770.330.860.75-0.24-0.330.770.750.070.380.05
0.960.890.870.87-0.210.620.880.660.90.910.920.96-0.40.060.960.040.771.0-0.22-0.40.940.75-0.010.67-0.02
0.10.110.00.11-0.03-0.240.11-0.040.130.290.270.08-0.09-0.060.1-0.060.07-0.01-0.020.310.130.07-0.010.19-0.13
0.740.580.830.58-0.220.620.590.360.620.660.790.76-0.17-0.10.77-0.130.460.67-0.28-0.080.780.380.670.19-0.02
-0.05-0.070.02-0.09-0.220.06-0.08-0.03-0.08-0.08-0.06-0.060.080.28-0.060.25-0.05-0.02-0.250.22-0.080.05-0.02-0.13-0.02
Click cells to compare fundamentals

Battalion Oil Account Relationship Matchups

Battalion Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets584.7M346.5M390.3M485.4M485.3M461.1M
Short Long Term Debt Total147.2M160.6M182.4M218.1M197.9M188.0M
Total Stockholder Equity316.7M90.0M63.7M84.6M68.0M64.6M
Net Debt141.5M156.3M135.5M185.4M140.4M133.3M
Other Assets14.6M927K295.1M4.8M5.5M5.2M
Common Stock Shares Outstanding16.2M16.2M16.3M16.5M16.4M15.6M
Liabilities And Stockholders Equity584.7M346.5M390.3M485.4M485.3M461.1M
Non Current Liabilities Total161.6M173.4M205.0M235.7M282.9M268.8M
Other Stockholder Equity327.1M330.1M332.2M334.6M214.5M203.8M
Total Liab268.0M256.5M326.6M400.7M417.3M396.5M
Other Current Liab8.1M50.3M89.4M86.3M51.8M49.2M
Total Current Liabilities106.4M83.2M121.6M165.0M134.4M206.7M
Property Plant And Equipment Net512.6M292.3M297.6M389.0M372.3M353.7M
Retained Earnings(10.5M)(240.2M)(268.5M)(249.9M)(253.0M)(265.6M)
Cash5.7M4.3M46.9M32.7M57.5M38.0M
Non Current Assets Total513.5M298.7M302.4M397.2M394.8M375.1M
Cash And Short Term Investments5.7M4.3M46.9M32.7M57.5M41.8M
Net Receivables53.5M40.8M36.6M38.0M23.0M21.9M
Other Current Assets36K2.7M4.4M17.5M10.0M10.5M
Property Plant And Equipment Gross512.6M292.3M3.5M781.0M820.1M1.4B
Total Current Assets71.2M47.8M87.9M88.2M90.5M180.9M
Non Currrent Assets Other123K1.8M1.0M6.6M21.3M22.3M
Accounts Payable36.0M22.7M25.3M42.9M24.9M46.8M
Inventory11.9M2.6M2.9M17.4M1.00.95
Short Term Debt923K10.1M6.9M35.8M57.7M60.6M
Current Deferred Revenue82.7M61.4M36.2M37.5M43.1M33.2M
Net Tangible Assets318.9M90.0M64.1M84.6M76.2M72.4M
Long Term Debt144M158.5M181.6M182.7M140.3M133.3M
Long Term Debt Total613.1M144M158.5M181.6M163.4M155.2M
Capital Surpluse1.1B327.1M330.1M332.2M299.0M284.0M
Long Term Investments927K6.4M4.8M1.6M1.3M1.2M
Non Current Liabilities Other10.5M10.6M15.9M4.1M2.1M2.0M
Property Plant Equipment3.3M2.4M2.4M389.0M350.1M332.6M

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When determining whether Battalion Oil Corp is a strong investment it is important to analyze Battalion Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Battalion Oil's future performance. For an informed investment choice regarding Battalion Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Battalion Oil. If investors know Battalion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Battalion Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
7.127
Earnings Share
(0.38)
Revenue Per Share
11.635
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0709
The market value of Battalion Oil Corp is measured differently than its book value, which is the value of Battalion that is recorded on the company's balance sheet. Investors also form their own opinion of Battalion Oil's value that differs from its market value or its book value, called intrinsic value, which is Battalion Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Battalion Oil's market value can be influenced by many factors that don't directly affect Battalion Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Battalion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Battalion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Battalion Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.