Baker Cash And Short Term Investments vs Total Stockholder Equity Analysis
BSRT Stock | 56.50 3.00 5.61% |
Baker Steel financial indicator trend analysis is way more than just evaluating Baker Steel Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baker Steel Resources is a good investment. Please check the relationship between Baker Steel Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baker Steel Resources. 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.
Cash And Short Term Investments vs Total Stockholder Equity
Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Steel Resources Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Baker Steel's Cash And Short Term Investments and Total Stockholder Equity is 0.09. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Baker Steel Resources, assuming nothing else is changed. The correlation between historical values of Baker Steel's Cash And Short Term Investments and Total Stockholder Equity 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 Short Term Investments of Baker Steel Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Baker Steel's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Baker Steel Resources balance sheet. This account contains Baker Steel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Baker Steel Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Baker Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baker Steel Resources 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 Baker Steel Resources. 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 620.5 K in 2024
Baker Steel fundamental ratios Correlations
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Baker Steel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baker Steel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.9M | 103.7M | 105.0M | 84.6M | 82.4M | 77.8M | |
Other Current Liab | (74.7K) | (75.4K) | (85.4K) | (208.7K) | (240.0K) | (252.0K) | |
Total Current Liabilities | 74.7K | 75.4K | 85.4K | (208.7K) | (187.9K) | (178.5K) | |
Total Stockholder Equity | 78.7M | 103.5M | 104.8M | 84.5M | 82.2M | 77.0M | |
Net Debt | (659.8K) | (424.1K) | (1.1M) | (254.1K) | (277.7K) | (291.6K) | |
Retained Earnings | 2.7M | 11.0M | 10.0M | 8.8M | 8.2M | 8.6M | |
Cash | 659.8K | 424.1K | 1.1M | 254.1K | 277.7K | 263.8K | |
Non Current Assets Total | 76.9M | 102.6M | 103.7M | 84.3M | 81.9M | 76.4M | |
Non Currrent Assets Other | (76.9M) | (102.6M) | (103.7M) | (84.3M) | (81.9M) | (86.0M) | |
Cash And Short Term Investments | 659.8K | 424.1K | 1.1M | 254.1K | 277.7K | 263.8K | |
Net Receivables | 1.3M | 703.8K | 271.6K | 75.8K | 220.6K | 289.3K | |
Liabilities And Stockholders Equity | 78.9M | 103.7M | 105.0M | 84.6M | 82.4M | 77.8M | |
Non Current Liabilities Total | 212.7K | 244.5K | 235.7K | 159.1K | 208.7K | 198.3K | |
Total Liab | 85.4K | 244.5K | 235.7K | 159.1K | 208.7K | 198.3K | |
Total Current Assets | 1.9M | 1.1M | 1.3M | 330.0K | 498.3K | 473.4K | |
Other Assets | 66.2M | 78.9M | 103.7M | 105.0M | 120.8M | 77.3M | |
Other Stockholder Equity | 2.7M | 27.4M | 28.7M | 8.4M | 6.0M | 6.3M | |
Other Current Assets | (1.9M) | (1.1M) | (1.3M) | (330.0K) | (498.3K) | (523.2K) | |
Long Term Investments | 76.9M | 102.6M | 103.7M | 84.3M | 81.9M | 86.8M |
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