BHMG Selling General Administrative vs Total Current Liabilities Analysis

BHMG Stock   405.00  1.00  0.25%   
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 Selling General Administrative and its Total Current Liabilities 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.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BH Macro Limited Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BH Macro's Selling General Administrative and Total Current Liabilities is -0.08. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities 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 Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of BH Macro Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., BH Macro's Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on BH Macro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BH Macro Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for BHMG Stock Analysis

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.