BP-B Total Current Assets vs Non Current Assets Total Analysis

BP-B Stock   155.50  1.00  0.64%   
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 Current Assets and its Non Current Assets Total 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 Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP plc Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between BP Plc's Total Current Assets and Non Current Assets Total is 0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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 Current Assets and Non Current Assets Total 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 Current Assets of BP plc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., BP Plc's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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

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-B 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.