BHMG Non Currrent Assets Other vs Non Current Liabilities Total Analysis

BHMG Stock   402.00  6.00  1.52%   
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 Non Currrent Assets Other 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.

Non Currrent Assets Other vs Non Current Liabilities Total

Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other and Non Current Liabilities Total is -0.43. Overlapping area represents the amount of variation of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., BH Macro's Non Currrent Assets Other and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 Income4.8M14.3M100.8M105.8M
Net Interest Income4.8M14.3M100.8M105.8M

BH Macro fundamental ratios Correlations

0.140.230.740.430.23-0.080.41-0.220.75-0.57-0.220.370.440.580.5-0.090.730.040.460.00.61-0.090.65
0.140.980.07-0.320.10.02-0.35-0.10.07-0.13-0.1-0.13-0.340.51-0.220.690.080.740.080.080.140.10.14
0.230.980.2-0.160.090.1-0.17-0.080.2-0.21-0.08-0.03-0.160.58-0.140.670.20.70.040.030.290.080.26
0.740.070.20.7-0.32-0.060.650.331.0-0.810.330.750.650.590.430.190.99-0.1-0.26-0.010.93-0.050.95
0.43-0.32-0.160.7-0.110.280.890.140.71-0.510.140.630.850.040.65-0.280.68-0.49-0.3-0.170.70.10.56
0.230.10.09-0.32-0.110.16-0.17-0.99-0.290.16-0.99-0.58-0.110.0-0.09-0.43-0.340.020.72-0.11-0.360.46-0.39
-0.080.020.1-0.060.280.160.31-0.06-0.060.45-0.060.050.3-0.150.23-0.08-0.07-0.1-0.070.110.15-0.1-0.15
0.41-0.35-0.170.650.89-0.170.310.20.65-0.390.20.540.960.170.5-0.270.6-0.42-0.27-0.20.76-0.140.6
-0.22-0.1-0.080.330.14-0.99-0.060.20.3-0.121.00.60.130.010.10.430.35-0.03-0.730.120.39-0.470.4
0.750.070.21.00.71-0.29-0.060.650.3-0.820.30.740.660.60.430.170.99-0.11-0.25-0.010.93-0.030.95
-0.57-0.13-0.21-0.81-0.510.160.45-0.39-0.12-0.82-0.12-0.39-0.43-0.61-0.07-0.16-0.80.130.250.01-0.69-0.33-0.81
-0.22-0.1-0.080.330.14-0.99-0.060.21.00.3-0.120.60.130.010.10.430.35-0.03-0.730.120.39-0.470.4
0.37-0.13-0.030.750.63-0.580.050.540.60.74-0.390.60.510.110.620.190.78-0.11-0.45-0.130.66-0.320.63
0.44-0.34-0.160.650.85-0.110.30.960.130.66-0.430.130.510.280.39-0.30.61-0.42-0.22-0.20.74-0.10.59
0.580.510.580.590.040.0-0.150.170.010.6-0.610.010.110.28-0.290.390.570.280.030.070.620.110.71
0.5-0.22-0.140.430.65-0.090.230.50.10.43-0.070.10.620.39-0.29-0.230.45-0.150.16-0.10.33-0.330.22
-0.090.690.670.19-0.28-0.43-0.08-0.270.430.17-0.160.430.19-0.30.39-0.230.220.78-0.4-0.060.25-0.150.3
0.730.080.20.990.68-0.34-0.070.60.350.99-0.80.350.780.610.570.450.22-0.08-0.270.00.9-0.060.93
0.040.740.7-0.1-0.490.02-0.1-0.42-0.03-0.110.13-0.03-0.11-0.420.28-0.150.78-0.080.17-0.23-0.06-0.3-0.02
0.460.080.04-0.26-0.30.72-0.07-0.27-0.73-0.250.25-0.73-0.45-0.220.030.16-0.4-0.270.170.02-0.36-0.07-0.32
0.00.080.03-0.01-0.17-0.110.11-0.20.12-0.010.010.12-0.13-0.20.07-0.1-0.060.0-0.230.020.04-0.010.01
0.610.140.290.930.7-0.360.150.760.390.93-0.690.390.660.740.620.330.250.9-0.06-0.360.04-0.130.94
-0.090.10.08-0.050.10.46-0.1-0.14-0.47-0.03-0.33-0.47-0.32-0.10.11-0.33-0.15-0.06-0.3-0.07-0.01-0.13-0.07
0.650.140.260.950.56-0.39-0.150.60.40.95-0.810.40.630.590.710.220.30.93-0.02-0.320.010.94-0.07
Click cells to compare fundamentals

BH Macro Account Relationship Matchups

BH Macro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets570.8M802.2M1.3B1.7B2.1B1.1B
Other Current Liab(394K)(844K)9.8M66.7M3.0M3.0M
Total Current Liabilities394K422K9.8M66.7M3.0M2.9M
Total Stockholder Equity559.8M761.2M1.3B1.6B2.1B1.2B
Net Debt(694K)(961K)(16.4M)(7.9M)(19.7M)(18.7M)
Accounts Payable197K203K394K422K379.8K360.8K
Cash694K961K16.4M7.9M19.7M12.7M
Non Current Assets Total558.6M758.6M1.3B1.6B2.0B1.2B
Non Currrent Assets Other(558.6M)(758.6M)(1.3B)(1.6B)(2.0B)(2.1B)
Cash And Short Term Investments694K961K16.4M7.9M19.7M12.7M
Common Stock Shares Outstanding167.5M171.0M207.8M286.2M401.9M252.1M
Liabilities And Stockholders Equity570.8M802.2M1.3B1.7B2.1B1.1B
Non Current Liabilities Total197K203K394K422K379.8K360.8K
Other Stockholder Equity559.8M761.2M1.3B2.1B1.9B1.0B
Total Liab394K422K9.8M66.7M4.5M4.3M
Total Current Assets12.1M43.6M18.8M78.3M40.4M22.7M
Common Stock559.8M761.2M1.3B1.6B2.1B1.1B
Other Assets46K36K294K43K47K49.4K
Other Current Assets92.0K72K2.3M86K94K89.3K
Net Tangible Assets559.8M761.2M1.3B1.6B1.5B830.9M
Long Term Investments558.6M758.6M1.3B1.6B2.0B1.2B

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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.