BHP Change To Netincome vs Stock Based Compensation Analysis

BHP Stock   40.20  0.04  0.1%   
BHP Group financial indicator trend analysis is way more than just evaluating BHP Group Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BHP Group Limited is a good investment. Please check the relationship between BHP Group Change To Netincome and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group 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.

Change To Netincome vs Stock Based Compensation

Change To Netincome vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Change To Netincome account and Stock Based Compensation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BHP Group's Change To Netincome and Stock Based Compensation is 0.18. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of BHP Group Limited, assuming nothing else is changed. The correlation between historical values of BHP Group's Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of BHP Group Limited are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., BHP Group's Change To Netincome and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Netincome

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from BHP Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BHP Group 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 BHP Group 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 gain to about 11.7 B in 2024. Discontinued Operations is likely to gain to about 12.9 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit39.7B27.7B46.1B48.4B
Total Revenue65.1B53.8B56.0B35.9B

BHP Group fundamental ratios Correlations

0.910.450.780.990.980.70.980.180.98-0.560.180.690.90.640.77-0.690.980.360.550.470.560.090.850.340.66
0.910.130.550.910.910.850.890.050.95-0.460.050.430.830.680.51-0.480.890.110.330.50.410.060.710.150.82
0.450.130.830.440.440.050.480.090.34-0.690.10.880.34-0.120.8-0.710.490.520.460.20.54-0.020.540.240.0
0.780.550.830.740.770.380.760.170.71-0.650.170.870.70.30.92-0.780.830.560.590.580.730.060.810.410.25
0.990.910.440.740.980.731.00.10.97-0.610.10.690.870.570.74-0.680.940.30.50.410.520.120.840.230.67
0.980.910.440.770.980.770.980.040.99-0.610.040.720.860.580.78-0.70.960.350.410.490.55-0.020.860.280.64
0.70.850.050.380.730.770.74-0.450.79-0.6-0.450.410.540.270.38-0.420.63-0.06-0.140.440.24-0.090.61-0.250.74
0.980.890.480.761.00.980.740.060.97-0.660.060.720.850.520.75-0.690.930.290.470.410.540.110.830.190.66
0.180.050.090.170.10.04-0.450.060.070.411.0-0.040.450.580.11-0.10.250.440.770.00.20.260.040.69-0.07
0.980.950.340.710.970.990.790.970.07-0.540.070.640.870.650.71-0.640.950.310.40.480.53-0.030.830.280.7
-0.56-0.46-0.69-0.65-0.61-0.61-0.6-0.660.41-0.540.41-0.75-0.30.24-0.660.73-0.51-0.1-0.05-0.33-0.430.05-0.550.3-0.41
0.180.050.10.170.10.04-0.450.061.00.070.41-0.040.450.580.11-0.10.250.440.770.00.20.270.040.69-0.07
0.690.430.880.870.690.720.410.72-0.040.64-0.75-0.040.560.080.9-0.840.70.610.350.310.56-0.140.730.250.2
0.90.830.340.70.870.860.540.850.450.87-0.30.450.560.750.67-0.630.910.480.650.380.430.20.810.450.5
0.640.68-0.120.30.570.580.270.520.580.650.240.580.080.750.29-0.120.690.290.580.310.270.110.440.70.44
0.770.510.80.920.740.780.380.750.110.71-0.660.110.90.670.29-0.870.810.620.510.450.57-0.050.850.450.17
-0.69-0.48-0.71-0.78-0.68-0.7-0.42-0.69-0.1-0.640.73-0.1-0.84-0.63-0.12-0.87-0.69-0.64-0.37-0.43-0.510.09-0.69-0.23-0.17
0.980.890.490.830.940.960.630.930.250.95-0.510.250.70.910.690.81-0.690.430.60.530.590.060.850.470.61
0.360.110.520.560.30.35-0.060.290.440.31-0.10.440.610.480.290.62-0.640.430.410.30.43-0.150.360.69-0.29
0.550.330.460.590.50.41-0.140.470.770.4-0.050.770.350.650.580.51-0.370.60.410.180.350.570.450.650.1
0.470.50.20.580.410.490.440.410.00.48-0.330.00.310.380.310.45-0.430.530.30.180.73-0.030.390.30.2
0.560.410.540.730.520.550.240.540.20.53-0.430.20.560.430.270.57-0.510.590.430.350.73-0.210.40.350.24
0.090.06-0.020.060.12-0.02-0.090.110.26-0.030.050.27-0.140.20.11-0.050.090.06-0.150.57-0.03-0.210.070.0-0.03
0.850.710.540.810.840.860.610.830.040.83-0.550.040.730.810.440.85-0.690.850.360.450.390.40.070.290.39
0.340.150.240.410.230.28-0.250.190.690.280.30.690.250.450.70.45-0.230.470.690.650.30.350.00.29-0.16
0.660.820.00.250.670.640.740.66-0.070.7-0.41-0.070.20.50.440.17-0.170.61-0.290.10.20.24-0.030.39-0.16
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BHP Group Account Relationship Matchups

BHP Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets105.7B108.9B95.2B101.3B102.4B69.3B
Short Long Term Debt Total27.0B21.0B16.4B22.3B20.2B16.4B
Other Current Liab3.0B5.9B6.3B4.8B4.4B3.1B
Total Current Liabilities14.8B16.4B16.9B19.0B14.3B10.6B
Total Stockholder Equity47.9B51.3B45.0B44.5B44.8B32.7B
Property Plant And Equipment Net70.2B72.1B61.1B71.6B71.6B46.9B
Net Debt13.6B5.7B(808M)9.9B7.8B10.0B
Retained Earnings43.4B48.1B41.8B41.2B40.0B28.7B
Cash13.4B15.2B17.2B12.4B12.5B13.1B
Non Current Assets Total84.3B82.2B66.5B77.9B78.0B54.2B
Non Currrent Assets Other2.2B1.9B401M428M2.3B2.4B
Cash And Short Term Investments13.5B15.2B17.5B12.5B12.5B13.2B
Net Receivables3.4B6.1B5.4B4.6B5.2B4.1B
Common Stock Shares Outstanding5.1B5.1B5.1B5.1B5.1B5.1B
Liabilities And Stockholders Equity105.7B108.9B95.2B101.3B102.4B69.3B
Non Current Liabilities Total38.7B36.9B29.5B33.7B38.9B22.2B
Inventory4.1B4.4B4.9B5.2B5.8B3.4B
Total Liab53.6B53.3B46.4B52.8B53.2B34.2B
Property Plant And Equipment Gross72.4B151.4B121.1B135.3B142.2B149.3B
Total Current Assets21.5B26.7B28.7B23.4B24.3B14.5B
Accumulated Other Comprehensive Income1.8B549M(1.4B)(1.4B)(15M)(15.8M)
Short Term Debt5.2B2.6B2.2B7.3B2.3B2.3B
Intangible Assets1.6B1.4B1.4B1.6B377M602.6M
Other Current Assets541M939M764M1.0B811M904.8M
Accounts Payable5.8B5.1B5.4B6.3B6.7B4.9B
Other Liab14.3B18.0B14.2B16.9B19.5B10.5B
Other Assets7.8B5.0B2.4B2.0B2.3B2.2B
Long Term Debt19.4B18.4B13.8B12.7B16.2B17.9B
Short Term Investments36M3M303M29M26.1M24.8M
Property Plant Equipment72.4B73.8B61.3B71.8B82.6B64.1B
Current Deferred Revenue97M105M34M47M90M142.5M
Net Tangible Assets46.6B47.3B49.8B43.6B39.2B42.6B
Long Term Investments5.1B3.4B2.2B2.4B2.7B2.7B
Short Long Term Debt5.0B2.6B2.6B1.3B858M815.1M

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