BPT Cash And Equivalents vs Net Tangible Assets Analysis

BPT Stock  USD 1.09  0.05  4.39%   
BP Prudhoe financial indicator trend analysis is way more than just evaluating BP Prudhoe Bay prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BP Prudhoe Bay is a good investment. Please check the relationship between BP Prudhoe Cash And Equivalents and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP Prudhoe Bay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Cash And Equivalents vs Net Tangible Assets

Cash And Equivalents vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BP Prudhoe Bay Cash And Equivalents account and Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BP Prudhoe's Cash And Equivalents and Net Tangible Assets is 0.15. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of BP Prudhoe Bay, assuming nothing else is changed. The correlation between historical values of BP Prudhoe's Cash And Equivalents and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of BP Prudhoe Bay are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash And Equivalents i.e., BP Prudhoe's Cash And Equivalents and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Equivalents

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from BP Prudhoe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BP Prudhoe Bay 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 Prudhoe Bay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, BP Prudhoe's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 9.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.4M82.3M6.6M6.3M
Total Revenue9.4M82.3M6.6M6.3M

BP Prudhoe fundamental ratios Correlations

1.01.00.081.0-0.44-1.01.00.23-0.230.9-0.25-0.240.630.630.50.09-0.13-0.02-0.14-0.13
1.01.00.081.0-0.44-1.01.00.23-0.230.9-0.25-0.240.630.630.50.09-0.13-0.02-0.14-0.13
1.01.00.081.0-0.44-1.01.00.22-0.220.88-0.26-0.250.630.630.510.09-0.14-0.01-0.15-0.14
0.080.080.080.08-0.31-0.070.080.66-0.70.13-0.31-0.65-0.05-0.050.51.0-0.70.27-0.69-0.35
1.01.01.00.08-0.44-1.01.00.23-0.220.89-0.26-0.250.630.630.510.09-0.14-0.02-0.15-0.14
-0.44-0.44-0.44-0.31-0.440.43-0.43-0.640.63-0.340.690.660.380.38-0.75-0.310.620.330.630.65
-1.0-1.0-1.0-0.07-1.00.43-1.0-0.220.22-0.90.240.23-0.63-0.63-0.48-0.080.120.020.120.12
1.01.01.00.081.0-0.43-1.00.22-0.220.9-0.24-0.230.640.640.480.08-0.12-0.02-0.12-0.11
0.230.230.220.660.23-0.64-0.220.22-1.00.32-0.66-0.76-0.26-0.260.720.66-0.78-0.46-0.79-0.66
-0.23-0.23-0.22-0.7-0.220.630.22-0.22-1.0-0.320.640.770.250.25-0.72-0.70.790.430.80.65
0.90.90.880.130.89-0.34-0.90.90.32-0.320.0-0.040.620.620.270.140.03-0.110.030.11
-0.25-0.25-0.26-0.31-0.260.690.24-0.24-0.660.640.00.90.340.34-0.92-0.310.890.350.90.99
-0.24-0.24-0.25-0.65-0.250.660.23-0.23-0.760.77-0.040.90.260.26-0.94-0.650.980.210.980.91
0.630.630.63-0.050.630.38-0.630.64-0.260.250.620.340.261.0-0.09-0.040.330.310.340.42
0.630.630.63-0.050.630.38-0.630.64-0.260.250.620.340.261.0-0.09-0.040.330.310.340.42
0.50.50.510.50.51-0.75-0.480.480.72-0.720.27-0.92-0.94-0.09-0.090.5-0.9-0.23-0.9-0.89
0.090.090.091.00.09-0.31-0.080.080.66-0.70.14-0.31-0.65-0.04-0.040.5-0.70.27-0.69-0.35
-0.13-0.13-0.14-0.7-0.140.620.12-0.12-0.780.790.030.890.980.330.33-0.9-0.70.151.00.91
-0.02-0.02-0.010.27-0.020.330.02-0.02-0.460.43-0.110.350.210.310.31-0.230.270.150.160.34
-0.14-0.14-0.15-0.69-0.150.630.12-0.12-0.790.80.030.90.980.340.34-0.9-0.691.00.160.92
-0.13-0.13-0.14-0.35-0.140.650.12-0.11-0.660.650.110.990.910.420.42-0.89-0.350.910.340.92
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BP Prudhoe Account Relationship Matchups

BP Prudhoe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2M266K6.0M6.1M5.3M5.0M
Total Stockholder Equity898K59K5.6M5.8M5.0M4.7M
Other Assets1.2M266K6.0M(12.0M)5.3M5.0M
Liabilities And Stockholders Equity1.2M266K6.0M6.1M5.3M5.0M
Other Stockholder Equity898K59K5.6M(5.8M)5.0M4.7M
Total Liab253K207K364K280K338K276.7K
Common Stock898K59K5.6M5.8M5.0M4.7M
Net Debt(1.2M)(266K)(6.0M)(132K)(5.3M)(5.0M)
Cash1.2M266K6.0M132K5.3M5.6M
Cash And Short Term Investments1.2M266K6.0M6.1M5.3M2.9M
Total Current Assets1.2M266K6.0M6.1M5.3M6.9M
Other Current Liab253K139K364K280K338K217.6K
Total Current Liabilities253K139K364K280K338K217.6K
Other Current Assets(1.2M)(266K)(6.0M)(6.1M)(5.3M)(5.0M)
Net Tangible Assets898K59K5.6M5.8M6.7M7.0M
Non Current Liabilities Total253K68K364K280K338K354.9K
Cash And Equivalents1.2M266K6.0M132K151.8K144.2K
Net Invested Capital692K898K59K5.6M6.5M6.8M
Net Working Capital898K59K5.6M5.8M5.0M3.0M

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Additional Tools for BPT Stock Analysis

When running BP Prudhoe's price analysis, check to measure BP Prudhoe'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 Prudhoe is operating at the current time. Most of BP Prudhoe's value examination focuses on studying past and present price action to predict the probability of BP Prudhoe'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 Prudhoe's price. Additionally, you may evaluate how the addition of BP Prudhoe to your portfolios can decrease your overall portfolio volatility.