BHMG Net Receivables vs Non Current Liabilities Total Analysis

BHMG Stock

387.50 1.50 0.39%

BH Macro financial indicator trend analysis is way more than just evaluating BH Macro Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BH Macro Limited is a good investment. Please check the relationship between BH Macro Net Receivables and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BH Macro Limited. 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.

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BH Macro Limited Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BH Macro's Net Receivables and Non Current Liabilities Total is -0.42. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of BH Macro Limited, assuming nothing else is changed. The correlation between historical values of BH Macro's Net Receivables and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of BH Macro Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., BH Macro's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Non Current Liabilities Total

Most indicators from BH Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BH Macro Limited 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 BH Macro Limited. 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.

Selling General Administrative is likely to drop to about 51.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 218 M in 2024

	2021	2022	2023	2024 (projected)
Interest Income	4.8M	14.3M	100.8M	105.8M
Net Interest Income	4.8M	14.3M	100.8M	105.8M

Interest Income Net Interest Income

BH Macro fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Other Assets	Other Current Assets	Net Tangible Assets	Inventory	Long Term Investments
Total Assets		0.14	0.23	0.74	0.43	0.23	-0.08	0.41	-0.22	0.75	-0.57	-0.22	0.37	0.44	0.53	0.5	-0.09	0.73	0.04	0.46	0.0	0.61	-0.09	0.65
Other Current Liab	0.14		0.98	0.07	-0.32	0.1	0.02	-0.35	-0.1	0.07	-0.13	-0.1	-0.13	-0.34	0.2	-0.22	0.69	0.08	0.74	0.08	0.08	0.14	0.1	0.14
Total Current Liabilities	0.23	0.98		0.2	-0.16	0.09	0.1	-0.17	-0.08	0.2	-0.21	-0.08	-0.03	-0.16	0.3	-0.14	0.67	0.2	0.7	0.04	0.03	0.29	0.08	0.26
Total Stockholder Equity	0.74	0.07	0.2		0.7	-0.32	-0.06	0.65	0.33	1.0	-0.81	0.33	0.75	0.65	0.58	0.43	0.19	0.99	-0.1	-0.26	-0.01	0.93	-0.05	0.95
Other Liab	0.43	-0.32	-0.16	0.7		-0.11	0.28	0.89	0.14	0.71	-0.51	0.14	0.63	0.85	0.24	0.65	-0.28	0.68	-0.49	-0.3	-0.17	0.7	0.1	0.56
Net Debt	0.23	0.1	0.09	-0.32	-0.11		0.16	-0.17	-0.99	-0.29	0.16	-0.99	-0.58	-0.11	0.0	-0.09	-0.43	-0.34	0.02	0.72	-0.11	-0.36	0.46	-0.39
Retained Earnings	-0.08	0.02	0.1	-0.06	0.28	0.16		0.31	-0.06	-0.06	0.45	-0.06	0.05	0.3	-0.04	0.23	-0.08	-0.07	-0.1	-0.07	0.11	0.15	-0.1	-0.15
Accounts Payable	0.41	-0.35	-0.17	0.65	0.89	-0.17	0.31		0.2	0.65	-0.39	0.2	0.54	0.96	0.42	0.5	-0.27	0.6	-0.42	-0.27	-0.2	0.76	-0.14	0.6
Cash	-0.22	-0.1	-0.08	0.33	0.14	-0.99	-0.06	0.2		0.3	-0.12	1.0	0.6	0.13	0.0	0.1	0.43	0.35	-0.03	-0.73	0.12	0.39	-0.47	0.4
Non Current Assets Total	0.75	0.07	0.2	1.0	0.71	-0.29	-0.06	0.65	0.3		-0.82	0.3	0.74	0.66	0.59	0.43	0.17	0.99	-0.11	-0.25	-0.01	0.93	-0.03	0.95
Non Currrent Assets Other	-0.57	-0.13	-0.21	-0.81	-0.51	0.16	0.45	-0.39	-0.12	-0.82		-0.12	-0.39	-0.43	-0.59	-0.07	-0.16	-0.8	0.13	0.25	0.01	-0.69	-0.33	-0.81
Cash And Short Term Investments	-0.22	-0.1	-0.08	0.33	0.14	-0.99	-0.06	0.2	1.0	0.3	-0.12		0.6	0.13	0.0	0.1	0.43	0.35	-0.03	-0.73	0.12	0.39	-0.47	0.4
Common Stock Shares Outstanding	0.37	-0.13	-0.03	0.75	0.63	-0.58	0.05	0.54	0.6	0.74	-0.39	0.6		0.51	0.12	0.62	0.19	0.78	-0.11	-0.45	-0.13	0.66	-0.32	0.63
Non Current Liabilities Total	0.44	-0.34	-0.16	0.65	0.85	-0.11	0.3	0.96	0.13	0.66	-0.43	0.13	0.51		0.57	0.39	-0.3	0.61	-0.42	-0.22	-0.2	0.74	-0.1	0.59
Other Stockholder Equity	0.53	0.2	0.3	0.58	0.24	0.0	-0.04	0.42	0.0	0.59	-0.59	0.0	0.12	0.57		-0.23	0.08	0.55	-0.03	-0.01	0.16	0.66	0.07	0.66
Total Liab	0.5	-0.22	-0.14	0.43	0.65	-0.09	0.23	0.5	0.1	0.43	-0.07	0.1	0.62	0.39	-0.23		-0.23	0.45	-0.15	0.16	-0.1	0.33	-0.33	0.22
Total Current Assets	-0.09	0.69	0.67	0.19	-0.28	-0.43	-0.08	-0.27	0.43	0.17	-0.16	0.43	0.19	-0.3	0.08	-0.23		0.22	0.78	-0.4	-0.06	0.25	-0.15	0.3
Common Stock	0.73	0.08	0.2	0.99	0.68	-0.34	-0.07	0.6	0.35	0.99	-0.8	0.35	0.78	0.61	0.55	0.45	0.22		-0.08	-0.27	0.0	0.9	-0.06	0.93
Net Receivables	0.04	0.74	0.7	-0.1	-0.49	0.02	-0.1	-0.42	-0.03	-0.11	0.13	-0.03	-0.11	-0.42	-0.03	-0.15	0.78	-0.08		0.17	-0.23	-0.06	-0.3	-0.02
Other Assets	0.46	0.08	0.04	-0.26	-0.3	0.72	-0.07	-0.27	-0.73	-0.25	0.25	-0.73	-0.45	-0.22	-0.01	0.16	-0.4	-0.27	0.17		0.02	-0.36	-0.07	-0.32
Other Current Assets	0.0	0.08	0.03	-0.01	-0.17	-0.11	0.11	-0.2	0.12	-0.01	0.01	0.12	-0.13	-0.2	0.16	-0.1	-0.06	0.0	-0.23	0.02		0.04	-0.01	0.01
Net Tangible Assets	0.61	0.14	0.29	0.93	0.7	-0.36	0.15	0.76	0.39	0.93	-0.69	0.39	0.66	0.74	0.66	0.33	0.25	0.9	-0.06	-0.36	0.04		-0.13	0.94
Inventory	-0.09	0.1	0.08	-0.05	0.1	0.46	-0.1	-0.14	-0.47	-0.03	-0.33	-0.47	-0.32	-0.1	0.07	-0.33	-0.15	-0.06	-0.3	-0.07	-0.01	-0.13		-0.07
Long Term Investments	0.65	0.14	0.26	0.95	0.56	-0.39	-0.15	0.6	0.4	0.95	-0.81	0.4	0.63	0.59	0.66	0.22	0.3	0.93	-0.02	-0.32	0.01	0.94	-0.07

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BH Macro Account Relationship Matchups

BH Macro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	570.8M	802.2M	1.3B	1.7B	2.1B	1.1B
Other Current Liab	(394K)	(844K)	9.8M	66.7M	3.0M	3.0M
Total Current Liabilities	394K	422K	9.8M	66.7M	3.0M	2.9M
Total Stockholder Equity	559.8M	761.2M	1.3B	1.6B	2.1B	1.2B
Net Debt	(694K)	(961K)	(16.4M)	(7.9M)	(19.7M)	(18.7M)
Accounts Payable	197K	203K	394K	422K	379.8K	360.8K
Cash	694K	961K	16.4M	7.9M	19.7M	12.7M
Non Current Assets Total	558.6M	758.6M	1.3B	1.6B	2.0B	1.2B
Non Currrent Assets Other	(558.6M)	(758.6M)	(1.3B)	(1.6B)	(2.0B)	(2.1B)
Cash And Short Term Investments	694K	961K	16.4M	7.9M	19.7M	12.7M
Common Stock Shares Outstanding	167.5M	171.0M	207.8M	286.2M	401.9M	252.1M
Liabilities And Stockholders Equity	570.8M	802.2M	1.3B	1.7B	2.1B	1.1B
Non Current Liabilities Total	197K	203K	394K	422K	379.8K	360.8K
Other Stockholder Equity	500.3M	559.8M	761.2M	1.3B	1.2B	967.4M
Total Liab	394K	422K	9.8M	66.7M	3.0M	2.9M
Total Current Assets	12.1M	43.6M	18.8M	78.3M	40.4M	22.7M
Common Stock	559.8M	761.2M	1.3B	1.6B	2.1B	1.1B
Other Assets	46K	36K	294K	43K	47K	49.4K
Other Current Assets	92.0K	72K	2.3M	86K	94K	89.3K
Net Tangible Assets	559.8M	761.2M	1.3B	1.6B	1.5B	830.9M
Long Term Investments	558.6M	758.6M	1.3B	1.6B	2.0B	1.2B

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When running BH Macro's price analysis, check to measure BH Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BH Macro is operating at the current time. Most of BH Macro's value examination focuses on studying past and present price action to predict the probability of BH Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BH Macro's price. Additionally, you may evaluate how the addition of BH Macro to your portfolios can decrease your overall portfolio volatility.

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BHMG Net Receivables vs Non Current Liabilities Total Analysis

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Receivables

Non Current Liabilities Total

BH Macro fundamental ratios Correlations

BH Macro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BH Macro fundamental ratios Accounts

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Additional Tools for BHMG Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.98	Other Current Liab
Non Current Liabilities Total	+ 0.96	Accounts Payable

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Non Currrent Assets Other	- 0.82	Non Current Assets Total
Long Term Investments	- 0.81	Non Currrent Assets Other
Non Currrent Assets Other	- 0.81	Total Stockholder Equity
Common Stock	- 0.8	Non Currrent Assets Other