Belmont Short Term Debt vs Long Term Investments Analysis

BEA Stock  CAD 0.02  0.00  0.00%   
Belmont Resources financial indicator trend analysis is way more than just evaluating Belmont Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belmont Resources is a good investment. Please check the relationship between Belmont Resources Short Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belmont Resources. 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.

Short Term Debt vs Long Term Investments

Short Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belmont Resources Short Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Belmont Resources' Short Term Debt and Long Term Investments is 0.34. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Belmont Resources, assuming nothing else is changed. The correlation between historical values of Belmont Resources' Short Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Belmont Resources are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Debt i.e., Belmont Resources' Short Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Long Term Investments

Long Term Investments is an item on the asset side of Belmont Resources balance sheet that represents investments Belmont Resources intends to hold for over a year. Belmont Resources long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Belmont Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belmont Resources 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 Belmont Resources. 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.
At this time, Belmont Resources' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 466.3 K in 2024.

Belmont Resources fundamental ratios Correlations

0.160.990.83-0.750.380.230.770.950.690.170.320.050.030.120.730.770.610.82-0.47-0.470.650.530.290.180.29
0.160.06-0.220.1-0.760.86-0.090.310.17-0.110.850.06-0.710.990.010.670.49-0.250.460.46-0.470.680.260.880.88
0.990.060.86-0.790.470.150.80.950.710.190.250.040.120.010.750.720.60.86-0.52-0.520.70.480.270.090.2
0.83-0.220.86-0.630.63-0.180.670.730.50.17-0.10.040.15-0.250.60.490.170.88-0.76-0.760.90.130.2-0.09-0.05
-0.750.1-0.79-0.63-0.410.11-0.99-0.67-0.92-0.48-0.150.12-0.310.16-0.97-0.42-0.39-0.610.340.34-0.5-0.47-0.270.06-0.06
0.38-0.760.470.63-0.41-0.490.430.270.160.01-0.69-0.120.62-0.760.27-0.090.020.78-0.82-0.820.87-0.49-0.22-0.75-0.76
0.230.860.15-0.180.11-0.49-0.090.410.08-0.190.640.15-0.530.86-0.10.650.69-0.040.270.27-0.290.510.290.730.65
0.77-0.090.80.67-0.990.43-0.090.680.910.460.11-0.150.28-0.140.960.450.370.64-0.4-0.40.540.430.25-0.050.05
0.950.310.950.73-0.670.270.410.680.690.090.450.07-0.050.270.640.860.770.77-0.4-0.40.560.60.280.280.36
0.690.170.710.5-0.920.160.080.910.690.340.4-0.140.150.120.950.560.50.47-0.17-0.170.310.650.210.140.26
0.17-0.110.190.17-0.480.01-0.190.460.090.340.02-0.240.27-0.150.43-0.05-0.090.010.040.040.050.270.380.00.07
0.320.850.25-0.1-0.15-0.690.640.110.450.40.020.03-0.50.810.250.650.57-0.180.510.51-0.430.890.220.750.91
0.050.060.040.040.12-0.120.15-0.150.07-0.14-0.240.03-0.30.06-0.110.070.030.020.070.070.020.060.430.290.19
0.03-0.710.120.15-0.310.62-0.530.28-0.050.150.27-0.5-0.3-0.750.22-0.48-0.110.22-0.23-0.230.29-0.23-0.12-0.7-0.66
0.120.990.01-0.250.16-0.760.86-0.140.270.12-0.150.810.06-0.75-0.040.650.46-0.270.430.43-0.480.620.180.870.86
0.730.010.750.6-0.970.27-0.10.960.640.950.430.25-0.110.22-0.040.460.330.52-0.25-0.250.410.550.250.050.19
0.770.670.720.49-0.42-0.090.650.450.860.56-0.050.650.07-0.480.650.460.750.53-0.21-0.210.290.630.170.570.62
0.610.490.60.17-0.390.020.690.370.770.5-0.090.570.03-0.110.460.330.750.45-0.03-0.030.120.560.060.270.35
0.82-0.250.860.88-0.610.78-0.040.640.770.470.01-0.180.020.22-0.270.520.530.45-0.81-0.810.94-0.010.0-0.26-0.24
-0.470.46-0.52-0.760.34-0.820.27-0.4-0.4-0.170.040.510.07-0.230.43-0.25-0.21-0.03-0.811.0-0.90.380.260.340.49
-0.470.46-0.52-0.760.34-0.820.27-0.4-0.4-0.170.040.510.07-0.230.43-0.25-0.21-0.03-0.811.0-0.90.380.260.340.49
0.65-0.470.70.9-0.50.87-0.290.540.560.310.05-0.430.020.29-0.480.410.290.120.94-0.9-0.9-0.25-0.02-0.41-0.43
0.530.680.480.13-0.47-0.490.510.430.60.650.270.890.06-0.230.620.550.630.56-0.010.380.38-0.250.460.690.82
0.290.260.270.2-0.27-0.220.290.250.280.210.380.220.43-0.120.180.250.170.060.00.260.26-0.020.460.440.41
0.180.880.09-0.090.06-0.750.73-0.050.280.140.00.750.29-0.70.870.050.570.27-0.260.340.34-0.410.690.440.9
0.290.880.2-0.05-0.06-0.760.650.050.360.260.070.910.19-0.660.860.190.620.35-0.240.490.49-0.430.820.410.9
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Belmont Resources Account Relationship Matchups

Belmont Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M2.2M2.7M2.7M3.3M1.9M
Total Current Liabilities491.8K341.9K447.6K346.4K621.1K652.1K
Total Stockholder Equity932.3K1.9M2.2M2.3M2.7M1.7M
Property Plant And Equipment Net1.2M1.5M1.9M2.3M10.7K10.2K
Net Debt76.3K(441.6K)(379.5K)(145.2K)(223.2K)(234.4K)
Retained Earnings(23.1M)(23.7M)(24.0M)(24.6M)(25.1M)(26.4M)
Accounts Payable127.9K64.6K33.3K38.3K160.3K168.3K
Cash15.1K441.6K379.5K145.2K223.2K219.7K
Non Current Assets Total1.4M1.7M2.0M2.4M3.0M3.1M
Cash And Short Term Investments17.2K445.6K619.1K260.4K301.7K572.3K
Net Receivables2.4K42.8K12.7K5.5K6.8K6.5K
Common Stock Shares Outstanding14.2M30.9M47.7M63.9M72.1M75.7M
Liabilities And Stockholders Equity1.4M2.2M2.7M2.7M3.3M1.9M
Other Current Assets2.4K1.9K8.0K5.5K8.6K8.2K
Other Stockholder Equity1.3M1.4M1.6M1.6M1.5M1.4M
Total Liab491.8K341.9K447.6K346.4K621.1K652.1K
Total Current Assets22.0K490.3K639.9K271.4K317.2K301.3K
Other Current Liab272.5K277.4K414.4K308.1K460.8K483.8K
Short Term Investments2.2K4.0K239.6K115.2K78.5K74.6K
Accumulated Other Comprehensive Income1.4M1.6M1.6M1.5M1.6M1.6M
Net Tangible Assets1.0M932.3K1.9M2.2M2.6M2.7M
Other Assets203.1K185.9K193.6K98.0K112.6K108.3K
Common Stock22.6M24.0M24.6M25.4M26.2M24.2M
Property Plant Equipment949.9K1.2M1.5M1.9M2.2M2.3M
Net Invested Capital1.0M1.9M2.2M2.3M2.7M1.8M
Net Working Capital(469.8K)148.4K192.3K(75.0K)(303.9K)(288.7K)
Capital Stock22.6M24.0M24.6M25.4M26.2M26.6M

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