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 Property Plant And Equipment Net and its Net Debt 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.
Property Plant And Equipment Net vs Net Debt
Property Plant And Equipment Net vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BHP Group Limited Property Plant And Equipment Net account and
Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between BHP Group's Property Plant And Equipment Net and Net Debt is 0.77. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of BHP Group Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., BHP Group's Property Plant And Equipment Net and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.
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
BBHP Group fundamental ratios Correlations
Click cells to compare fundamentals
BHP Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BHP Group fundamental ratios Accounts
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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.
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: 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.
You can also try the
Commodity Directory module to find actively traded commodities issued by global exchanges.
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.