BHP Free Cash Flow vs Change To Operating Activities 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 Free Cash Flow and its Change To Operating Activities 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.

Free Cash Flow vs Change To Operating Activities

Free Cash Flow vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Free Cash Flow account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between BHP Group's Free Cash Flow and Change To Operating Activities is -0.16. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Operating Activities 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 Free Cash Flow and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of BHP Group Limited are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Free Cash Flow i.e., BHP Group's Free Cash Flow and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Operating Activities

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 Profit	39.7B	27.7B	46.1B	48.4B
Total Revenue	65.1B	53.8B	56.0B	35.9B

Gross Profit Total Revenue

BHP Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Assets	Accounts Payable	Other Liab	Other Assets
Total Assets		0.91	0.45	0.78	0.99	0.98	0.7	0.98	0.18	0.98	-0.56	0.18	0.69	0.9	0.64	0.77	-0.69	0.98	0.36	0.55	0.47	0.56	0.09	0.85	0.34	0.66
Short Long Term Debt Total	0.91		0.13	0.55	0.91	0.91	0.85	0.89	0.05	0.95	-0.46	0.05	0.43	0.83	0.68	0.51	-0.48	0.89	0.11	0.33	0.5	0.41	0.06	0.71	0.15	0.82
Other Current Liab	0.45	0.13		0.83	0.44	0.44	0.05	0.48	0.09	0.34	-0.69	0.1	0.88	0.34	-0.12	0.8	-0.71	0.49	0.52	0.46	0.2	0.54	-0.02	0.54	0.24	0.0
Total Current Liabilities	0.78	0.55	0.83		0.74	0.77	0.38	0.76	0.17	0.71	-0.65	0.17	0.87	0.7	0.3	0.92	-0.78	0.83	0.56	0.59	0.58	0.73	0.06	0.81	0.41	0.25
Total Stockholder Equity	0.99	0.91	0.44	0.74		0.98	0.73	1.0	0.1	0.97	-0.61	0.1	0.69	0.87	0.57	0.74	-0.68	0.94	0.3	0.5	0.41	0.52	0.12	0.84	0.23	0.67
Property Plant And Equipment Net	0.98	0.91	0.44	0.77	0.98		0.77	0.98	0.04	0.99	-0.61	0.04	0.72	0.86	0.58	0.78	-0.7	0.96	0.35	0.41	0.49	0.55	-0.02	0.86	0.28	0.64
Net Debt	0.7	0.85	0.05	0.38	0.73	0.77		0.74	-0.45	0.79	-0.6	-0.45	0.41	0.54	0.27	0.38	-0.42	0.63	-0.06	-0.14	0.44	0.24	-0.09	0.61	-0.25	0.74
Retained Earnings	0.98	0.89	0.48	0.76	1.0	0.98	0.74		0.06	0.97	-0.66	0.06	0.72	0.85	0.52	0.75	-0.69	0.93	0.29	0.47	0.41	0.54	0.11	0.83	0.19	0.66
Cash	0.18	0.05	0.09	0.17	0.1	0.04	-0.45	0.06		0.07	0.41	1.0	-0.04	0.45	0.58	0.11	-0.1	0.25	0.44	0.77	0.0	0.2	0.26	0.04	0.69	-0.07
Non Current Assets Total	0.98	0.95	0.34	0.71	0.97	0.99	0.79	0.97	0.07		-0.54	0.07	0.64	0.87	0.65	0.71	-0.64	0.95	0.31	0.4	0.48	0.53	-0.03	0.83	0.28	0.7
Non Currrent Assets Other	-0.56	-0.46	-0.69	-0.65	-0.61	-0.61	-0.6	-0.66	0.41	-0.54		0.41	-0.75	-0.3	0.24	-0.66	0.73	-0.51	-0.1	-0.05	-0.33	-0.43	0.05	-0.55	0.3	-0.41
Cash And Short Term Investments	0.18	0.05	0.1	0.17	0.1	0.04	-0.45	0.06	1.0	0.07	0.41		-0.04	0.45	0.58	0.11	-0.1	0.25	0.44	0.77	0.0	0.2	0.27	0.04	0.69	-0.07
Net Receivables	0.69	0.43	0.88	0.87	0.69	0.72	0.41	0.72	-0.04	0.64	-0.75	-0.04		0.56	0.08	0.9	-0.84	0.7	0.61	0.35	0.31	0.56	-0.14	0.73	0.25	0.2
Common Stock Shares Outstanding	0.9	0.83	0.34	0.7	0.87	0.86	0.54	0.85	0.45	0.87	-0.3	0.45	0.56		0.75	0.67	-0.63	0.91	0.48	0.65	0.38	0.43	0.2	0.81	0.45	0.5
Non Current Liabilities Total	0.64	0.68	-0.12	0.3	0.57	0.58	0.27	0.52	0.58	0.65	0.24	0.58	0.08	0.75		0.29	-0.12	0.69	0.29	0.58	0.31	0.27	0.11	0.44	0.7	0.44
Inventory	0.77	0.51	0.8	0.92	0.74	0.78	0.38	0.75	0.11	0.71	-0.66	0.11	0.9	0.67	0.29		-0.87	0.81	0.62	0.51	0.45	0.57	-0.05	0.85	0.45	0.17
Other Stockholder Equity	-0.69	-0.48	-0.71	-0.78	-0.68	-0.7	-0.42	-0.69	-0.1	-0.64	0.73	-0.1	-0.84	-0.63	-0.12	-0.87		-0.69	-0.64	-0.37	-0.43	-0.51	0.09	-0.69	-0.23	-0.17
Total Liab	0.98	0.89	0.49	0.83	0.94	0.96	0.63	0.93	0.25	0.95	-0.51	0.25	0.7	0.91	0.69	0.81	-0.69		0.43	0.6	0.53	0.59	0.06	0.85	0.47	0.61
Property Plant And Equipment Gross	0.36	0.11	0.52	0.56	0.3	0.35	-0.06	0.29	0.44	0.31	-0.1	0.44	0.61	0.48	0.29	0.62	-0.64	0.43		0.41	0.3	0.43	-0.15	0.36	0.69	-0.29
Total Current Assets	0.55	0.33	0.46	0.59	0.5	0.41	-0.14	0.47	0.77	0.4	-0.05	0.77	0.35	0.65	0.58	0.51	-0.37	0.6	0.41		0.18	0.35	0.57	0.45	0.65	0.1
Short Term Debt	0.47	0.5	0.2	0.58	0.41	0.49	0.44	0.41	0.0	0.48	-0.33	0.0	0.31	0.38	0.31	0.45	-0.43	0.53	0.3	0.18		0.73	-0.03	0.39	0.3	0.2
Intangible Assets	0.56	0.41	0.54	0.73	0.52	0.55	0.24	0.54	0.2	0.53	-0.43	0.2	0.56	0.43	0.27	0.57	-0.51	0.59	0.43	0.35	0.73		-0.21	0.4	0.35	0.24
Other Current Assets	0.09	0.06	-0.02	0.06	0.12	-0.02	-0.09	0.11	0.26	-0.03	0.05	0.27	-0.14	0.2	0.11	-0.05	0.09	0.06	-0.15	0.57	-0.03	-0.21		0.07	0.0	-0.03
Accounts Payable	0.85	0.71	0.54	0.81	0.84	0.86	0.61	0.83	0.04	0.83	-0.55	0.04	0.73	0.81	0.44	0.85	-0.69	0.85	0.36	0.45	0.39	0.4	0.07		0.29	0.39
Other Liab	0.34	0.15	0.24	0.41	0.23	0.28	-0.25	0.19	0.69	0.28	0.3	0.69	0.25	0.45	0.7	0.45	-0.23	0.47	0.69	0.65	0.3	0.35	0.0	0.29		-0.16
Other Assets	0.66	0.82	0.0	0.25	0.67	0.64	0.74	0.66	-0.07	0.7	-0.41	-0.07	0.2	0.5	0.44	0.17	-0.17	0.61	-0.29	0.1	0.2	0.24	-0.03	0.39	-0.16

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BHP Group Account Relationship Matchups

BHP Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	105.7B	108.9B	95.2B	101.3B	102.4B	69.3B
Short Long Term Debt Total	27.0B	21.0B	16.4B	22.3B	20.2B	16.4B
Other Current Liab	3.0B	5.9B	6.3B	4.8B	4.4B	3.1B
Total Current Liabilities	14.8B	16.4B	16.9B	19.0B	14.3B	10.6B
Total Stockholder Equity	47.9B	51.3B	45.0B	44.5B	44.8B	32.7B
Property Plant And Equipment Net	70.2B	72.1B	61.1B	71.6B	71.6B	46.9B
Net Debt	13.6B	5.7B	(808M)	9.9B	7.8B	10.0B
Retained Earnings	43.4B	48.1B	41.8B	41.2B	40.0B	28.7B
Cash	13.4B	15.2B	17.2B	12.4B	12.5B	13.1B
Non Current Assets Total	84.3B	82.2B	66.5B	77.9B	78.0B	54.2B
Non Currrent Assets Other	2.2B	1.9B	401M	428M	2.3B	2.4B
Cash And Short Term Investments	13.5B	15.2B	17.5B	12.5B	12.5B	13.2B
Net Receivables	3.4B	6.1B	5.4B	4.6B	5.2B	4.1B
Common Stock Shares Outstanding	5.1B	5.1B	5.1B	5.1B	5.1B	5.1B
Liabilities And Stockholders Equity	105.7B	108.9B	95.2B	101.3B	102.4B	69.3B
Non Current Liabilities Total	38.7B	36.9B	29.5B	33.7B	38.9B	22.2B
Inventory	4.1B	4.4B	4.9B	5.2B	5.8B	3.4B
Total Liab	53.6B	53.3B	46.4B	52.8B	53.2B	34.2B
Property Plant And Equipment Gross	72.4B	151.4B	121.1B	135.3B	142.2B	149.3B
Total Current Assets	21.5B	26.7B	28.7B	23.4B	24.3B	14.5B
Accumulated Other Comprehensive Income	1.8B	549M	(1.4B)	(1.4B)	(15M)	(15.8M)
Short Term Debt	5.2B	2.6B	2.2B	7.3B	2.3B	2.3B
Intangible Assets	1.6B	1.4B	1.4B	1.6B	377M	602.6M
Other Current Assets	541M	939M	764M	1.0B	811M	904.8M
Accounts Payable	5.8B	5.1B	5.4B	6.3B	6.7B	4.9B
Other Liab	14.3B	18.0B	14.2B	16.9B	19.5B	10.5B
Other Assets	7.8B	5.0B	2.4B	2.0B	2.3B	2.2B
Long Term Debt	19.4B	18.4B	13.8B	12.7B	16.2B	17.9B
Short Term Investments	36M	3M	303M	29M	26.1M	24.8M
Property Plant Equipment	72.4B	73.8B	61.3B	71.8B	82.6B	64.1B
Current Deferred Revenue	97M	105M	34M	47M	90M	142.5M
Net Tangible Assets	46.6B	47.3B	49.8B	43.6B	39.2B	42.6B
Long Term Investments	5.1B	3.4B	2.2B	2.4B	2.7B	2.7B
Short Long Term Debt	5.0B	2.6B	2.6B	1.3B	858M	815.1M

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