Baker Non Current Assets Total vs Cash 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 Cash 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 Cash

Non Current Assets Total vs Cash 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 Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Baker Steel's Non Current Assets Total and Cash is 0.05. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash 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 Cash 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 Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Baker Steel's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Cash

Cash refers to the most liquid asset of Baker Steel Resources, which is listed under current asset account on Baker Steel Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Baker Steel customers. The amounts must be unrestricted with restricted cash listed in a different Baker Steel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

-0.270.161.0-0.090.830.240.091.0-0.990.090.350.140.230.280.220.20.140.270.95-0.070.75-0.40.17
-0.27-0.99-0.220.11-0.14-1.0-0.11-0.270.25-0.110.270.530.55-1.0-1.0-0.010.520.43-0.27-0.180.29-0.20.11
0.16-0.990.1-0.150.040.990.150.15-0.130.15-0.27-0.57-0.590.990.990.05-0.57-0.520.150.13-0.420.31-0.19
1.0-0.220.1-0.090.830.180.091.0-0.990.090.370.170.260.220.160.20.170.30.95-0.080.78-0.410.18
-0.090.11-0.15-0.09-0.01-0.12-1.0-0.050.03-1.0-0.05-0.07-0.12-0.11-0.11-0.94-0.070.310.020.870.18-0.320.24
0.83-0.140.040.83-0.010.110.010.82-0.840.010.320.080.130.140.090.110.090.050.80.080.64-0.520.31
0.24-1.00.990.18-0.120.110.120.23-0.210.12-0.27-0.54-0.571.01.00.02-0.54-0.460.230.16-0.330.24-0.15
0.09-0.110.150.09-1.00.010.120.05-0.031.00.050.070.120.110.110.940.07-0.31-0.02-0.87-0.180.32-0.24
1.0-0.270.151.0-0.050.820.230.05-0.990.050.340.140.230.270.210.160.140.290.96-0.030.77-0.410.18
-0.990.25-0.13-0.990.03-0.84-0.21-0.03-0.99-0.03-0.33-0.16-0.23-0.26-0.2-0.14-0.17-0.29-0.960.01-0.780.49-0.22
0.09-0.110.150.09-1.00.010.121.00.05-0.030.050.070.120.110.110.940.07-0.31-0.02-0.87-0.180.32-0.24
0.350.27-0.270.37-0.050.32-0.270.050.34-0.330.050.170.29-0.24-0.290.390.170.20.35-0.420.42-0.23-0.02
0.140.53-0.570.17-0.070.08-0.540.070.14-0.160.070.170.97-0.53-0.550.121.00.62-0.05-0.240.42-0.480.52
0.230.55-0.590.26-0.120.13-0.570.120.23-0.230.120.290.97-0.55-0.570.210.970.630.03-0.320.5-0.390.34
0.28-1.00.990.22-0.110.141.00.110.27-0.260.11-0.24-0.53-0.551.00.02-0.53-0.430.270.16-0.290.21-0.13
0.22-1.00.990.16-0.110.091.00.110.21-0.20.11-0.29-0.55-0.571.00.01-0.55-0.450.210.17-0.330.25-0.15
0.2-0.010.050.2-0.940.110.020.940.16-0.140.940.390.120.210.020.010.12-0.210.1-0.94-0.030.23-0.24
0.140.52-0.570.17-0.070.09-0.540.070.14-0.170.070.171.00.97-0.53-0.550.120.62-0.04-0.230.43-0.490.52
0.270.43-0.520.30.310.05-0.46-0.310.29-0.29-0.310.20.620.63-0.43-0.45-0.210.620.22-0.020.7-0.490.4
0.95-0.270.150.950.020.80.23-0.020.96-0.96-0.020.35-0.050.030.270.210.1-0.040.220.030.73-0.420.18
-0.07-0.180.13-0.080.870.080.16-0.87-0.030.01-0.87-0.42-0.24-0.320.160.17-0.94-0.23-0.020.03-0.03-0.190.22
0.750.29-0.420.780.180.64-0.33-0.180.77-0.78-0.180.420.420.5-0.29-0.33-0.030.430.70.73-0.03-0.630.3
-0.4-0.20.31-0.41-0.32-0.520.240.32-0.410.490.32-0.23-0.48-0.390.210.250.23-0.49-0.49-0.42-0.19-0.63-0.79
0.170.11-0.190.180.240.31-0.15-0.240.18-0.22-0.24-0.020.520.34-0.13-0.15-0.240.520.40.180.220.3-0.79
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Baker Steel Account Relationship Matchups

Baker Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.9M103.7M105.0M84.6M82.4M77.8M
Other Current Liab(74.7K)(75.4K)(85.4K)(208.7K)(240.0K)(252.0K)
Total Current Liabilities74.7K75.4K85.4K(208.7K)(187.9K)(178.5K)
Total Stockholder Equity78.7M103.5M104.8M84.5M82.2M77.0M
Net Debt(659.8K)(424.1K)(1.1M)(254.1K)(277.7K)(291.6K)
Retained Earnings2.7M11.0M10.0M8.8M8.2M8.6M
Cash659.8K424.1K1.1M254.1K277.7K263.8K
Non Current Assets Total76.9M102.6M103.7M84.3M81.9M76.4M
Non Currrent Assets Other(76.9M)(102.6M)(103.7M)(84.3M)(81.9M)(86.0M)
Cash And Short Term Investments659.8K424.1K1.1M254.1K277.7K263.8K
Net Receivables1.3M703.8K271.6K75.8K220.6K289.3K
Liabilities And Stockholders Equity78.9M103.7M105.0M84.6M82.4M77.8M
Non Current Liabilities Total212.7K244.5K235.7K159.1K208.7K198.3K
Total Liab85.4K244.5K235.7K159.1K208.7K198.3K
Total Current Assets1.9M1.1M1.3M330.0K498.3K473.4K
Other Assets66.2M78.9M103.7M105.0M120.8M77.3M
Other Stockholder Equity2.7M27.4M28.7M8.4M6.0M6.3M
Other Current Assets(1.9M)(1.1M)(1.3M)(330.0K)(498.3K)(523.2K)
Long Term Investments76.9M102.6M103.7M84.3M81.9M86.8M

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