BHP Net Debt vs Cash Analysis

BHP Stock

2,079 1.00 0.05%

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 Net Debt and its Cash 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 bureau of economic analysis.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Net Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BHP Group's Net Debt and Cash is -0.25. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Net Debt and Cash 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 Debt of BHP Group Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., BHP Group's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of BHP Group Limited, which is listed under current asset account on BHP Group Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BHP Group customers. The amounts must be unrestricted with restricted cash listed in a different BHP Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 11.7 B. The current year's Discontinued Operations is expected to grow to about 12.9 B

	2021	2022	2023	2024 (projected)
Total Revenue	65.1B	53.8B	56.0B	12.6B
Interest Expense	626M	1.1B	2.2B	3.0B

Total Revenue Interest Expense

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	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Assets	Accounts Payable	Short Term Investments	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.93	0.54	0.84	0.99	0.99	0.7	0.98	0.45	0.98	0.11	0.45	0.72	0.91	0.9	0.84	-0.61	0.98	0.68	0.59	0.68	0.09	0.91	-0.37	0.68	0.56
Short Long Term Debt Total	0.93		0.26	0.66	0.92	0.93	0.85	0.91	0.31	0.95	0.06	0.31	0.51	0.85	0.87	0.64	-0.52	0.91	0.49	0.61	0.55	0.07	0.81	-0.41	0.68	0.4
Other Current Liab	0.54	0.26		0.84	0.53	0.53	0.13	0.55	0.24	0.48	-0.09	0.25	0.91	0.46	0.32	0.84	-0.35	0.57	0.54	0.36	0.61	0.0	0.58	0.07	0.32	0.62
Total Current Liabilities	0.84	0.66	0.84		0.81	0.83	0.45	0.82	0.4	0.79	-0.03	0.41	0.88	0.79	0.66	0.94	-0.6	0.87	0.69	0.69	0.8	0.06	0.88	-0.2	0.61	0.69
Total Stockholder Equity	0.99	0.92	0.53	0.81		0.98	0.73	1.0	0.37	0.98	0.11	0.37	0.73	0.86	0.86	0.82	-0.55	0.95	0.63	0.54	0.64	0.12	0.89	-0.36	0.63	0.49
Property Plant And Equipment Net	0.99	0.93	0.53	0.83	0.98		0.77	0.98	0.32	1.0	0.1	0.32	0.75	0.87	0.87	0.85	-0.56	0.97	0.56	0.61	0.67	-0.01	0.92	-0.36	0.65	0.57
Net Debt	0.7	0.85	0.13	0.45	0.73	0.77		0.73	-0.25	0.79	-0.05	-0.25	0.45	0.52	0.56	0.45	-0.14	0.65	0.01	0.52	0.33	-0.08	0.62	-0.26	0.48	0.22
Retained Earnings	0.98	0.91	0.55	0.82	1.0	0.98	0.73		0.36	0.98	0.07	0.36	0.75	0.84	0.84	0.82	-0.56	0.94	0.62	0.55	0.65	0.11	0.89	-0.38	0.61	0.48
Cash	0.45	0.31	0.24	0.4	0.37	0.32	-0.25	0.36		0.32	0.19	1.0	0.12	0.61	0.58	0.36	-0.69	0.5	0.87	0.18	0.42	0.27	0.37	-0.29	0.39	0.33
Non Current Assets Total	0.98	0.95	0.48	0.79	0.98	1.0	0.79	0.98	0.32		0.15	0.32	0.71	0.86	0.89	0.81	-0.52	0.96	0.54	0.59	0.65	-0.02	0.89	-0.38	0.66	0.52
Non Currrent Assets Other	0.11	0.06	-0.09	-0.03	0.11	0.1	-0.05	0.07	0.19	0.15		0.19	0.0	0.19	0.44	0.05	0.29	0.12	0.15	-0.13	-0.06	0.0	0.11	0.19	0.21	0.05
Cash And Short Term Investments	0.45	0.31	0.25	0.41	0.37	0.32	-0.25	0.36	1.0	0.32	0.19		0.13	0.61	0.58	0.37	-0.69	0.5	0.87	0.17	0.42	0.28	0.38	-0.28	0.38	0.34
Net Receivables	0.72	0.51	0.91	0.88	0.73	0.75	0.45	0.75	0.12	0.71	0.0	0.13		0.58	0.51	0.9	-0.37	0.73	0.45	0.43	0.64	-0.13	0.75	-0.06	0.42	0.6
Common Stock Shares Outstanding	0.91	0.85	0.46	0.79	0.86	0.87	0.52	0.84	0.61	0.86	0.19	0.61	0.58		0.9	0.79	-0.63	0.94	0.76	0.54	0.63	0.14	0.89	-0.2	0.87	0.66
Non Current Liabilities Total	0.9	0.87	0.32	0.66	0.86	0.87	0.56	0.84	0.58	0.89	0.44	0.58	0.51	0.9		0.69	-0.55	0.91	0.68	0.48	0.54	0.07	0.81	-0.31	0.68	0.52
Inventory	0.84	0.64	0.84	0.94	0.82	0.85	0.45	0.82	0.36	0.81	0.05	0.37	0.9	0.79	0.69		-0.57	0.87	0.65	0.56	0.68	-0.03	0.9	-0.11	0.57	0.8
Other Stockholder Equity	-0.61	-0.52	-0.35	-0.6	-0.55	-0.56	-0.14	-0.56	-0.69	-0.52	0.29	-0.69	-0.37	-0.63	-0.55	-0.57		-0.65	-0.7	-0.44	-0.52	-0.12	-0.62	0.46	-0.26	-0.45
Total Liab	0.98	0.91	0.57	0.87	0.95	0.97	0.65	0.94	0.5	0.96	0.12	0.5	0.73	0.94	0.91	0.87	-0.65		0.71	0.64	0.7	0.06	0.92	-0.34	0.72	0.63
Total Current Assets	0.68	0.49	0.54	0.69	0.63	0.56	0.01	0.62	0.87	0.54	0.15	0.87	0.45	0.76	0.68	0.65	-0.7	0.71		0.33	0.51	0.5	0.64	-0.16	0.53	0.48
Short Term Debt	0.59	0.61	0.36	0.69	0.54	0.61	0.52	0.55	0.18	0.59	-0.13	0.17	0.43	0.54	0.48	0.56	-0.44	0.64	0.33		0.79	0.0	0.55	-0.43	0.46	0.49
Intangible Assets	0.68	0.55	0.61	0.8	0.64	0.67	0.33	0.65	0.42	0.65	-0.06	0.42	0.64	0.63	0.54	0.68	-0.52	0.7	0.51	0.79		-0.16	0.59	-0.46	0.53	0.51
Other Current Assets	0.09	0.07	0.0	0.06	0.12	-0.01	-0.08	0.11	0.27	-0.02	0.0	0.28	-0.13	0.14	0.07	-0.03	-0.12	0.06	0.5	0.0	-0.16		0.08	0.14	0.09	-0.15
Accounts Payable	0.91	0.81	0.58	0.88	0.89	0.92	0.62	0.89	0.37	0.89	0.11	0.38	0.75	0.89	0.81	0.9	-0.62	0.92	0.64	0.55	0.59	0.08		-0.21	0.67	0.65
Short Term Investments	-0.37	-0.41	0.07	-0.2	-0.36	-0.36	-0.26	-0.38	-0.29	-0.38	0.19	-0.28	-0.06	-0.2	-0.31	-0.11	0.46	-0.34	-0.16	-0.43	-0.46	0.14	-0.21		0.03	0.15
Common Stock Total Equity	0.68	0.68	0.32	0.61	0.63	0.65	0.48	0.61	0.39	0.66	0.21	0.38	0.42	0.87	0.68	0.57	-0.26	0.72	0.53	0.46	0.53	0.09	0.67	0.03		0.58
Property Plant And Equipment Gross	0.56	0.4	0.62	0.69	0.49	0.57	0.22	0.48	0.33	0.52	0.05	0.34	0.6	0.66	0.52	0.8	-0.45	0.63	0.48	0.49	0.51	-0.15	0.65	0.15	0.58

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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	20.5B
Short Long Term Debt Total	27.0B	21.0B	16.4B	22.3B	20.2B	7.3B
Other Current Liab	3.0B	5.9B	6.3B	4.8B	5.1B	1.4B
Total Current Liabilities	14.8B	16.4B	16.9B	19.0B	14.3B	3.9B
Total Stockholder Equity	47.9B	51.3B	45.0B	44.5B	44.8B	5.6B
Property Plant And Equipment Net	70.2B	72.1B	61.1B	71.6B	71.6B	14.8B
Net Debt	13.6B	5.7B	(808M)	9.9B	7.8B	6.9B
Retained Earnings	43.4B	48.1B	41.8B	41.2B	40.0B	1.2B
Cash	13.4B	15.2B	17.2B	12.4B	12.4B	374M
Non Current Assets Total	84.3B	82.2B	66.5B	77.9B	78.0B	16.7B
Non Currrent Assets Other	2.2B	1.9B	401M	428M	2.0B	1.8B
Cash And Short Term Investments	13.5B	15.2B	17.5B	12.5B	12.6B	374M
Net Receivables	3.4B	6.1B	5.4B	4.6B	5.2B	1.7B
Common Stock Shares Outstanding	5.1B	5.1B	5.1B	5.1B	5.1B	3.6B
Liabilities And Stockholders Equity	105.7B	108.9B	95.2B	101.3B	102.4B	20.5B
Non Current Liabilities Total	38.7B	36.9B	29.5B	33.7B	38.9B	10.4B
Inventory	4.1B	4.4B	4.9B	5.2B	5.8B	1.5B
Total Liab	53.6B	53.3B	46.4B	52.8B	53.2B	14.3B
Total Current Assets	21.5B	26.7B	28.7B	23.4B	24.3B	3.7B
Short Term Debt	5.2B	2.6B	2.2B	7.3B	1.5B	800M
Intangible Assets	1.6B	1.4B	1.4B	1.6B	377M	114M
Other Current Assets	541M	939M	764M	1.0B	694M	130M
Accounts Payable	5.8B	5.1B	5.4B	6.3B	6.7B	1.7B
Short Term Investments	36M	3M	303M	29M	258M	393.0M
Property Plant And Equipment Gross	72.4B	73.8B	121.1B	135.3B	142.2B	72.8B
Accumulated Other Comprehensive Income	1.8B	549M	(1.4B)	(1.4B)	(15M)	(15.8M)
Current Deferred Revenue	97M	105M	34M	47M	90M	162.3M
Other Assets	5.4B	3.8B	1.6B	2.0B	1.8B	1.7B
Other Liab	14.3B	17.4B	14.2B	16.9B	19.5B	15.3B
Net Tangible Assets	46.6B	47.3B	49.8B	43.6B	39.2B	40.6B
Long Term Debt	19.4B	15.3B	13.8B	12.7B	16.2B	16.9B
Long Term Investments	2.9B	2.1B	2.2B	2.4B	2.7B	2.6B
Short Long Term Debt	4.2B	1.7B	2.6B	1.3B	858M	815.1M
Property Plant Equipment	68.0B	72.4B	73.8B	61.3B	55.2B	60.1B
Capital Lease Obligations	3.4B	3.9B	2.6B	3.0B	3.1B	2.3B
Non Current Liabilities Other	1.4B	560M	2.0B	467M	368M	349.6M

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When determining whether BHP Group Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BHP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bhp Group Limited Stock. Highlighted below are key reports to facilitate an investment decision about Bhp Group Limited Stock:

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Please note, there is a significant difference between BHP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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BHP Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

BHP Group fundamental ratios Correlations

BHP Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BHP Group fundamental ratios Accounts

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Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Retained Earnings	+ 0.98	Total Assets

Total Current Assets	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.69	Cash And Short Term Investments
Other Stockholder Equity	- 0.69	Cash
Total Liab	- 0.65	Other Stockholder Equity
Other Stockholder Equity	- 0.63	Common Stock Shares Outstanding
Accounts Payable	- 0.62	Other Stockholder Equity