BP-A Income Before Tax vs Other Operating Expenses Analysis

BP-A Stock   141.00  2.50  1.81%   
BP Plc financial indicator trend analysis is way more than just evaluating BP plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BP plc is a good investment. Please check the relationship between BP Plc Income Before Tax and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP plc. 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.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP plc Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BP Plc's Income Before Tax and Other Operating Expenses is 0.59. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of BP plc, assuming nothing else is changed. The correlation between historical values of BP Plc's Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of BP plc are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., BP Plc's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on BP Plc income statement and is an important metric when analyzing BP plc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BP plc. It is also known as BP Plc overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from BP Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BP plc 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 BP plc. 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 13.6 B in 2025. Tax Provision is likely to drop to about 6.4 B in 2025
 2022 2023 2024 2025 (projected)
Interest Expense2.7B3.8B4.4B4.6B
Depreciation And Amortization14.3B15.9B18.3B9.8B

BP Plc fundamental ratios Correlations

0.620.880.870.790.930.640.550.470.60.970.40.58-0.60.780.830.550.450.760.640.620.210.45-0.050.850.58
0.620.330.520.290.620.820.170.610.840.660.760.83-0.380.930.320.370.570.850.580.67-0.11-0.08-0.020.810.64
0.880.330.930.660.720.320.410.540.430.780.350.42-0.410.560.90.690.50.660.680.330.410.45-0.180.710.51
0.870.520.930.480.650.490.180.730.560.740.610.55-0.240.650.910.730.680.770.770.370.250.17-0.290.720.69
0.790.290.660.480.860.330.940.090.270.82-0.080.24-0.720.550.620.410.160.480.430.610.310.870.080.680.2
0.930.620.720.650.860.660.730.250.560.980.210.53-0.770.780.610.330.240.670.450.680.150.590.110.830.41
0.640.820.320.490.330.660.170.270.460.720.450.44-0.530.690.330.090.250.560.240.810.02-0.05-0.130.580.47
0.550.170.410.180.940.730.17-0.110.150.65-0.270.12-0.730.420.350.22-0.040.310.240.540.270.920.190.53-0.03
0.470.610.540.730.090.250.27-0.110.70.330.880.710.170.660.610.840.950.840.90.160.05-0.13-0.380.660.74
0.60.840.430.560.270.560.460.150.70.580.791.0-0.230.880.370.480.610.860.70.3-0.24-0.040.190.820.65
0.970.660.780.740.820.980.720.650.330.580.310.55-0.750.80.690.390.310.720.510.70.190.50.020.850.48
0.40.760.350.61-0.080.210.45-0.270.880.790.310.80.160.70.410.590.80.80.730.26-0.09-0.42-0.160.610.77
0.580.830.420.550.240.530.440.120.711.00.550.8-0.180.870.360.490.620.850.70.28-0.26-0.070.190.810.66
-0.6-0.38-0.41-0.24-0.72-0.77-0.53-0.730.17-0.23-0.750.16-0.18-0.49-0.260.050.2-0.31-0.03-0.65-0.21-0.64-0.08-0.530.15
0.780.930.560.650.550.780.690.420.660.880.80.70.87-0.490.510.570.640.950.740.660.030.220.030.970.66
0.830.320.90.910.620.610.330.350.610.370.690.410.36-0.260.510.750.610.640.740.370.280.36-0.380.630.55
0.550.370.690.730.410.330.090.220.840.480.390.590.490.050.570.750.890.770.960.270.310.26-0.250.670.63
0.450.570.50.680.160.240.25-0.040.950.610.310.80.620.20.640.610.890.820.930.230.14-0.06-0.330.660.76
0.760.850.660.770.480.670.560.310.840.860.720.80.85-0.310.950.640.770.820.890.540.110.18-0.130.950.74
0.640.580.680.770.430.450.240.240.90.70.510.730.7-0.030.740.740.960.930.890.330.170.2-0.190.80.73
0.620.670.330.370.610.680.810.540.160.30.70.260.28-0.650.660.370.270.230.540.330.240.35-0.020.620.31
0.21-0.110.410.250.310.150.020.270.05-0.240.19-0.09-0.26-0.210.030.280.310.140.110.170.240.31-0.140.170.08
0.45-0.080.450.170.870.59-0.050.92-0.13-0.040.5-0.42-0.07-0.640.220.360.26-0.060.180.20.350.310.060.38-0.19
-0.05-0.02-0.18-0.290.080.11-0.130.19-0.380.190.02-0.160.19-0.080.03-0.38-0.25-0.33-0.13-0.19-0.02-0.140.060.0-0.06
0.850.810.710.720.680.830.580.530.660.820.850.610.81-0.530.970.630.670.660.950.80.620.170.380.00.63
0.580.640.510.690.20.410.47-0.030.740.650.480.770.660.150.660.550.630.760.740.730.310.08-0.19-0.060.63
Click cells to compare fundamentals

BP Plc Account Relationship Matchups

BP Plc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets267.7B287.3B288.1B280.3B322.3B181.0B
Short Long Term Debt Total81.9B69.8B55.5B63.1B72.5B76.2B
Other Current Liab22.2B34.1B42.4B32.7B37.7B19.5B
Total Current Liabilities59.8B80.3B99.0B86.1B99.0B49.6B
Total Stockholder Equity71.3B75.5B67.6B70.3B80.8B66.3B
Property Plant And Equipment Net118.9B112.9B106.0B109.0B125.4B83.2B
Net Debt52.7B39.1B26.3B35.3B40.6B22.9B
Retained Earnings47.3B51.8B34.7B35.3B40.6B59.8B
Accounts Payable23.2B37.3B47.2B42.4B48.8B51.2B
Cash29.2B30.7B29.2B27.7B31.9B33.5B
Non Current Assets Total194.7B194.7B180.4B176.1B202.6B125.1B
Non Currrent Assets Other23.8B23.3B25.6B23.1B26.6B27.9B
Cash And Short Term Investments29.5B31.0B29.8B28.6B32.9B34.5B
Short Term Investments333M280M578M843M969.5M847.1M
Liabilities And Stockholders Equity267.7B287.3B288.1B280.3B322.3B180.1B
Non Current Liabilities Total122.3B116.5B106.1B108.7B125.0B131.3B
Inventory16.9B23.7B28.1B22.8B26.2B14.5B
Other Current Assets26.6B42.7B55.7B52.7B60.6B63.7B
Other Stockholder Equity18.6B18.4B28.0B30.4B35.0B36.8B
Total Liab182.1B196.8B205.1B194.8B224.0B235.2B
Total Current Assets73.0B92.6B107.7B104.1B119.8B125.8B
Short Term Debt11.3B7.3B5.3B5.9B6.8B7.3B
Common Stock5.4B5.2B4.8B4.5B5.1B5.4B
Intangible Assets2.0B6.5B10.2B5.7B6.5B10.9B
Net Receivables19.1B(4.7B)(5.9B)2.5B2.3B2.2B
Good Will12.5B12.4B12.0B12.5B14.3B12.4B
Other Liab56.0B51.7B54.1B55.9B50.3B45.3B
Net Tangible Assets71.0B52.7B56.6B45.4B40.8B51.2B
Other Assets22.0B32.9B31.1B17.6B20.3B21.5B
Long Term Debt63.3B55.6B43.7B48.7B56.0B57.3B
Short Long Term Debt9.4B5.6B3.2B3.3B3.0B5.4B
Property Plant Equipment132.6B114.8B112.9B106.0B95.4B99.7B
Capital Lease Obligations9.3B8.6B8.5B11.1B12.8B6.8B
Common Stock Shares Outstanding20.3B19.7B18.2B17.2B15.5B15.5B
Net Invested Capital143.9B136.6B114.5B122.2B110.0B115.3B
Net Working Capital13.2B12.3B8.7B18.1B20.8B11.6B
Capital Stock5.4B5.2B4.8B4.5B4.0B4.1B
Property Plant And Equipment Gross301.2B294.9B263.3B278.6B250.8B230.9B

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 BP-A Stock Analysis

When running BP Plc's price analysis, check to measure BP Plc'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 BP Plc is operating at the current time. Most of BP Plc's value examination focuses on studying past and present price action to predict the probability of BP Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP Plc's price. Additionally, you may evaluate how the addition of BP Plc to your portfolios can decrease your overall portfolio volatility.