BP-B Accounts Payable vs Common Stock Analysis

BP-B Stock   155.00  6.00  4.03%   
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 Accounts Payable and its Common Stock 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.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP plc Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between BP Plc's Accounts Payable and Common Stock is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock 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 Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of BP plc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., BP Plc's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents BP Plc obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BP plc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

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

0.770.220.870.820.940.630.640.880.640.970.570.62-0.770.940.820.340.970.890.660.230.540.280.010.840.64
0.770.260.610.420.770.930.270.50.690.830.720.67-0.710.930.420.420.850.540.72-0.060.04-0.010.160.680.58
0.220.260.47-0.180.020.09-0.320.090.70.10.740.720.190.230.350.760.350.41-0.08-0.41-0.37-0.740.890.430.54
0.870.610.470.550.660.470.30.870.570.760.740.56-0.450.760.910.390.910.950.430.290.3-0.080.360.750.67
0.820.42-0.180.550.880.340.950.810.330.840.040.31-0.750.680.660.060.670.660.60.310.880.71-0.430.670.38
0.940.770.020.660.880.660.780.790.620.980.370.59-0.880.930.60.250.870.680.690.160.640.44-0.190.820.51
0.630.930.090.470.340.660.220.420.480.710.60.46-0.650.790.30.280.70.360.840.03-0.010.040.10.570.53
0.640.27-0.320.30.950.780.220.640.240.7-0.190.22-0.710.510.44-0.070.450.420.540.260.920.78-0.550.560.24
0.880.50.090.870.810.790.420.640.380.820.370.36-0.620.710.850.190.830.850.510.390.680.31-0.040.720.49
0.640.690.70.570.330.620.480.240.380.640.711.0-0.430.720.380.620.70.530.35-0.240.04-0.270.520.830.71
0.970.830.10.760.840.980.710.70.820.640.490.62-0.870.960.690.270.930.750.720.20.550.35-0.090.830.59
0.570.720.740.740.040.370.6-0.190.370.710.490.71-0.170.630.540.560.720.620.36-0.06-0.34-0.510.720.580.77
0.620.670.720.560.310.590.460.220.361.00.620.71-0.390.70.370.630.680.520.33-0.250.01-0.30.550.820.71
-0.77-0.710.19-0.45-0.75-0.88-0.65-0.71-0.62-0.43-0.87-0.17-0.39-0.82-0.40.0-0.71-0.44-0.68-0.2-0.6-0.460.38-0.61-0.22
0.940.930.230.760.680.930.790.510.710.720.960.630.7-0.820.620.380.960.740.690.070.350.180.040.810.6
0.820.420.350.910.660.60.30.440.850.380.690.540.37-0.40.620.350.790.940.40.30.440.120.170.630.57
0.340.420.760.390.060.250.28-0.070.190.620.270.560.630.00.380.350.410.410.12-0.72-0.12-0.370.510.410.38
0.970.850.350.910.670.870.70.450.830.70.930.720.68-0.710.960.790.410.880.620.170.350.080.190.830.67
0.890.540.410.950.660.680.360.420.850.530.750.620.52-0.440.740.940.410.880.430.250.410.10.220.720.64
0.660.72-0.080.430.60.690.840.540.510.350.720.360.33-0.680.690.40.120.620.430.230.340.4-0.120.610.56
0.23-0.06-0.410.290.310.160.030.260.39-0.240.2-0.06-0.25-0.20.070.3-0.720.170.250.230.310.33-0.180.170.18
0.540.04-0.370.30.880.64-0.010.920.680.040.55-0.340.01-0.60.350.44-0.120.350.410.340.310.77-0.60.410.0
0.28-0.01-0.74-0.080.710.440.040.780.31-0.270.35-0.51-0.3-0.460.180.12-0.370.080.10.40.330.77-0.880.06-0.16
0.010.160.890.36-0.43-0.190.1-0.55-0.040.52-0.090.720.550.380.040.170.510.190.22-0.12-0.18-0.6-0.880.310.54
0.840.680.430.750.670.820.570.560.720.830.830.580.82-0.610.810.630.410.830.720.610.170.410.060.310.8
0.640.580.540.670.380.510.530.240.490.710.590.770.71-0.220.60.570.380.670.640.560.180.0-0.160.540.8
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 Liab14.2B22.2B34.1B42.4B32.7B34.4B
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 Payable46.8B23.2B37.3B47.2B42.4B27.7B
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 Stockholder Equity19.3B18.6B18.4B28.0B30.4B19.5B
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 Receivables26.1B19.1B(4.7B)(5.9B)2.5B2.4B
Other Current Assets11.7B26.6B42.7B55.7B52.7B55.4B
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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