BT-A Stock | | | 151.25 3.55 2.40% |
BT Group financial indicator trend analysis is way more than just evaluating BT Group Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BT Group Plc is a good investment. Please check the relationship between BT Group Accounts Payable and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BT Group Plc. 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.
Accounts Payable vs Common Stock
Accounts Payable vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BT Group Plc Accounts Payable account and
Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between BT Group's Accounts Payable and Common Stock is -0.73. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of BT Group Plc, assuming nothing else is changed. The correlation between historical values of BT Group's Accounts Payable 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 Accounts Payable of BT Group Plc 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 Accounts Payable i.e., BT Group's Accounts Payable and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents BT Group obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BT Group Plc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Common Stock
Most indicators from BT Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BT Group Plc 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 BT Group Plc. 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 156.8
M in 2024.
Tax Provision is likely to gain to about (150.5
M) in 2024
BT Group fundamental ratios Correlations
Click cells to compare fundamentals
BT Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BT Group fundamental ratios Accounts
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Additional Tools for BT-A Stock Analysis
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predict the probability of BT Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BT Group's price. Additionally, you may evaluate how the addition of BT Group to your portfolios can decrease your overall portfolio volatility.