BP-B Total Assets vs Property Plant And Equipment Net 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 Total Assets and its Property Plant And Equipment Net 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 Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP plc Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BP Plc's Total Assets and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Assets and Property Plant And Equipment Net 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 Assets of BP plc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., BP Plc's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of BP Plc assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BP plc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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
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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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