Baker Non Current Assets Total vs Capital Stock Analysis
BSRT Stock | 56.00 1.00 1.75% |
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 Non Current Assets Total and its Capital Stock 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.
Non Current Assets Total vs Capital Stock
Non Current Assets Total vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Steel Resources Non Current Assets Total account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Baker Steel's Non Current Assets Total and Capital Stock is -0.41. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Capital Stock 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 Non Current Assets Total and Capital 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 Non Current Assets Total of Baker Steel Resources are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Non Current Assets Total i.e., Baker Steel's Non Current Assets Total and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.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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When running Baker Steel's price analysis, check to measure Baker Steel'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 Baker Steel is operating at the current time. Most of Baker Steel's value examination focuses on studying past and present price action to predict the probability of Baker Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Steel's price. Additionally, you may evaluate how the addition of Baker Steel to your portfolios can decrease your overall portfolio volatility.