BP-A Total Other Income Expense Net vs Research Development Analysis

BP-A Stock   139.50  0.50  0.36%   
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 Total Other Income Expense Net and its Research Development 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.

Total Other Income Expense Net vs Research Development

Total Other Income Expense Net vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP plc Total Other Income Expense Net account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BP Plc's Total Other Income Expense Net and Research Development is -0.1. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Research Development 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 Total Other Income Expense Net and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of BP plc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Other Income Expense Net i.e., BP Plc's Total Other Income Expense Net and Research Development go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Research Development

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 2024. Tax Provision is likely to drop to about 6.4 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense2.9B2.7B3.8B1.9B
Depreciation And Amortization14.8B14.3B15.9B9.8B

BP Plc fundamental ratios Correlations

0.770.880.870.820.940.630.640.50.640.970.570.62-0.770.940.820.740.710.970.890.660.230.54-0.040.840.64
0.770.470.610.420.770.930.270.350.690.830.720.67-0.710.930.420.290.480.850.540.72-0.060.040.020.680.58
0.880.470.930.690.720.30.490.590.460.780.510.44-0.550.720.90.890.770.860.920.360.430.53-0.180.70.53
0.870.610.930.550.660.470.30.770.570.760.740.56-0.450.760.910.880.910.910.950.430.290.3-0.290.750.67
0.820.420.690.550.880.340.950.170.330.840.040.31-0.750.680.660.60.40.670.660.60.310.880.070.670.38
0.940.770.720.660.880.660.780.280.620.980.370.59-0.880.930.60.50.470.870.680.690.160.640.110.820.51
0.630.930.30.470.340.660.220.270.480.710.60.46-0.650.790.30.170.390.70.360.830.03-0.01-0.130.570.53
0.640.270.490.30.950.780.220.00.240.7-0.190.22-0.710.510.440.380.130.450.420.540.260.920.180.560.24
0.50.350.590.770.170.280.270.00.640.380.730.65-0.030.390.650.650.810.580.660.230.09-0.02-0.40.70.74
0.640.690.460.570.330.620.480.240.640.640.711.0-0.430.720.380.320.470.70.530.35-0.240.040.230.830.71
0.970.830.780.760.840.980.710.70.380.640.490.62-0.870.960.690.570.560.930.750.720.20.550.020.830.59
0.570.720.510.740.040.370.6-0.190.730.710.490.71-0.170.630.540.460.710.720.620.36-0.06-0.34-0.140.580.77
0.620.670.440.560.310.590.460.220.651.00.620.71-0.390.70.370.310.470.680.520.33-0.250.010.230.820.71
-0.77-0.71-0.55-0.45-0.75-0.88-0.65-0.71-0.03-0.43-0.87-0.17-0.39-0.82-0.4-0.29-0.2-0.71-0.44-0.68-0.2-0.6-0.06-0.61-0.22
0.940.930.720.760.680.930.790.510.390.720.960.630.7-0.820.620.520.580.960.740.690.070.350.070.810.6
0.820.420.90.910.660.60.30.440.650.380.690.540.37-0.40.620.910.860.790.940.40.30.44-0.380.630.57
0.740.290.890.880.60.50.170.380.650.320.570.460.31-0.290.520.910.870.720.940.350.40.46-0.240.60.54
0.710.480.770.910.40.470.390.130.810.470.560.710.47-0.20.580.860.870.770.890.380.250.15-0.370.680.68
0.970.850.860.910.670.870.70.450.580.70.930.720.68-0.710.960.790.720.770.880.620.170.35-0.090.830.67
0.890.540.920.950.660.680.360.420.660.530.750.620.52-0.440.740.940.940.890.880.430.250.41-0.150.720.64
0.660.720.360.430.60.690.830.540.230.350.720.360.33-0.680.690.40.350.380.620.430.230.34-0.020.610.56
0.23-0.060.430.290.310.160.030.260.09-0.240.2-0.06-0.25-0.20.070.30.40.250.170.250.230.31-0.140.170.18
0.540.040.530.30.880.64-0.010.92-0.020.040.55-0.340.01-0.60.350.440.460.150.350.410.340.310.050.410.0
-0.040.02-0.18-0.290.070.11-0.130.18-0.40.230.02-0.140.23-0.060.07-0.38-0.24-0.37-0.09-0.15-0.02-0.140.050.01-0.03
0.840.680.70.750.670.820.570.560.70.830.830.580.82-0.610.810.630.60.680.830.720.610.170.410.010.8
0.640.580.530.670.380.510.530.240.740.710.590.770.71-0.220.60.570.540.680.670.640.560.180.0-0.030.8
Click cells to compare fundamentals

BP Plc Account Relationship Matchups

BP Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets295.2B267.7B287.3B288.1B280.3B181.0B
Short Long Term Debt Total77.4B81.9B69.8B55.5B63.1B33.6B
Other Current Liab28.5B22.2B34.1B42.4B32.7B19.5B
Total Current Liabilities73.6B59.8B80.3B99.0B86.1B49.6B
Total Stockholder Equity98.4B71.3B75.5B67.6B70.3B66.3B
Property Plant And Equipment Net132.6B118.9B112.9B106.0B109.0B83.2B
Net Debt55.0B52.7B39.1B26.3B35.3B22.9B
Retained Earnings73.7B47.3B51.8B34.7B35.3B59.8B
Accounts Payable30.5B23.2B37.3B47.2B42.4B44.5B
Cash22.5B29.2B30.7B29.2B27.7B29.1B
Non Current Assets Total213.1B194.7B194.7B180.4B176.1B125.1B
Non Currrent Assets Other17.1B23.8B23.3B25.6B23.1B12.9B
Cash And Short Term Investments22.6B29.5B31.0B29.8B28.6B30.0B
Short Term Investments169M333M280M578M843M847.1M
Liabilities And Stockholders Equity295.2B267.7B287.3B288.1B280.3B180.1B
Non Current Liabilities Total120.9B122.3B116.5B106.1B108.7B61.9B
Inventory20.9B16.9B23.7B28.1B22.8B14.5B
Other Current Assets40.2B26.6B42.7B55.7B52.7B30.1B
Other Stockholder Equity19.3B18.6B18.4B28.0B30.4B16.2B
Total Liab194.5B182.1B196.8B205.1B194.8B111.6B
Total Current Assets82.1B73.0B92.6B107.7B104.1B55.8B
Short Term Debt12.6B11.3B7.3B5.3B5.9B7.3B
Common Stock5.4B5.4B5.2B4.8B4.5B5.4B
Intangible Assets15.5B2.0B6.5B10.2B5.7B10.9B
Net Receivables(1.7B)19.1B(4.7B)(5.9B)2.5B2.4B
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 Debt57.2B63.3B55.6B43.7B48.7B57.3B
Short Long Term Debt10.5B9.4B5.6B3.2B3.3B5.4B
Property Plant Equipment132.6B114.8B112.9B106.0B95.4B99.7B
Capital Lease Obligations9.7B9.3B8.6B8.5B11.1B6.8B
Common Stock Shares Outstanding20.4B20.3B19.7B18.2B17.2B15.5B
Net Invested Capital166.1B143.9B136.6B114.5B122.2B115.3B
Net Working Capital8.5B13.2B12.3B8.7B18.1B11.6B
Capital Stock5.4B5.4B5.2B4.8B4.5B4.1B

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