Beach Inventory vs Common Stock Analysis
BPT Stock | 1.29 0.02 1.57% |
Beach Energy financial indicator trend analysis is way more than just evaluating Beach Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beach Energy is a good investment. Please check the relationship between Beach Energy Inventory and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beach Energy. 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.
Inventory vs Common Stock
Inventory vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beach Energy Inventory account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beach Energy's Inventory and Common Stock is 0.71. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of Beach Energy, assuming nothing else is changed. The correlation between historical values of Beach Energy's Inventory 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 Inventory of Beach Energy 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 Inventory i.e., Beach Energy's Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Common Stock
Most indicators from Beach Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beach Energy 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 Beach Energy. 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 3.7 M in 2024. Tax Provision is likely to gain to about (170.1 M) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.1M | 14.2M | 40.5M | 42.5M | Depreciation And Amortization | 393.3M | 446.1M | 20M | 19M |
Beach Energy fundamental ratios Correlations
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Beach Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beach Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5B | 5.0B | 5.1B | 5.9B | 5.5B | 5.8B | |
Short Long Term Debt Total | 118.8M | 277.1M | 120.3M | 408.5M | 794.7M | 834.4M | |
Other Current Liab | 30.9M | 42.9M | 89.4M | 79.1M | 87.2M | 52.5M | |
Total Current Liabilities | 456.2M | 399M | 491.6M | 444.2M | 381.8M | 400.9M | |
Total Stockholder Equity | 2.8B | 3.1B | 3.5B | 3.9B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 3.1B | 3.5B | 3.8B | 4.5B | 4.3B | 4.5B | |
Net Debt | 8.9M | 150.4M | (134.2M) | 189.6M | 622.7M | 653.8M | |
Retained Earnings | 44.7M | 361.2M | 862M | 1.3B | 787.5M | 826.9M | |
Cash | 109.9M | 126.7M | 254.5M | 218.9M | 172M | 131.6M | |
Non Current Assets Total | 4.0B | 4.3B | 4.4B | 5.2B | 4.8B | 5.1B | |
Non Currrent Assets Other | 537.5M | 418.8M | 531.8M | 580.4M | 409.2M | 429.7M | |
Cash And Short Term Investments | 109.9M | 126.7M | 254.5M | 218.9M | 172M | 134.8M | |
Net Receivables | 231.8M | 371.2M | 238.1M | 252.3M | 297.6M | 312.5M | |
Common Stock Shares Outstanding | 2.3B | 2.3B | 2.3B | 2.3B | 2.3B | 1.2B | |
Liabilities And Stockholders Equity | 4.5B | 5.0B | 5.1B | 5.9B | 5.5B | 5.8B | |
Non Current Liabilities Total | 1.2B | 1.5B | 1.1B | 1.6B | 1.8B | 1.9B | |
Inventory | 106.9M | 99.4M | 101.4M | 161.2M | 194.2M | 203.9M | |
Other Stockholder Equity | 30.7M | 31.5M | 25.6M | (7.5M) | (6.8M) | (7.1M) | |
Total Liab | 1.7B | 1.9B | 1.6B | 2.0B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 3.5B | 7.2B | 7.9B | 9.1B | 9.9B | 10.4B | |
Total Current Assets | 507.6M | 670.9M | 695.8M | 670.1M | 685.6M | 719.9M | |
Accumulated Other Comprehensive Income | 911.9M | 867.1M | 815.6M | 751.8M | 660.8M | 693.8M | |
Short Term Debt | 26.8M | 77M | 14.7M | (1.1M) | 12.4M | 11.8M | |
Common Stock | 1.9B | 1.9B | 1.9B | 1.9B | 1.9B | 2.0B | |
Current Deferred Revenue | 35.7M | 12M | 4.3M | 12.1M | 13.9M | 13.1M | |
Accounts Payable | 276.4M | 263.2M | 334.9M | 329.9M | 282.2M | 296.3M | |
Other Current Assets | 59M | 73.6M | 101.8M | 37.7M | 53.7M | 56.4M | |
Intangible Assets | 57.1M | 78.8M | 77.1M | 77.6M | 20.5M | 19.5M | |
Other Liab | 926.2M | 847.2M | 992.3M | 965M | 1.1B | 1.2B | |
Other Assets | 108.7M | 84M | 87.1M | 1.0 | 1.15 | 1.09 | |
Property Plant Equipment | 3.5B | 3.8B | 4.2B | 5.1B | 5.8B | 6.1B | |
Long Term Debt | 56.7M | 174.1M | 87.3M | 383.3M | 752.1M | 789.7M | |
Net Tangible Assets | 2.3B | 2.8B | 3.0B | 3.5B | 4.0B | 2.3B | |
Long Term Debt Total | 92M | 200.1M | 105.6M | 397.5M | 357.8M | 213.6M | |
Net Invested Capital | 2.9B | 3.3B | 3.6B | 4.3B | 4.1B | 3.4B |
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Additional Tools for Beach Stock Analysis
When running Beach Energy's price analysis, check to measure Beach Energy'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 Beach Energy is operating at the current time. Most of Beach Energy's value examination focuses on studying past and present price action to predict the probability of Beach Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beach Energy's price. Additionally, you may evaluate how the addition of Beach Energy to your portfolios can decrease your overall portfolio volatility.