BTB Other Stockholder Equity vs Other Current Liab Analysis
BTB-UN Stock | CAD 3.63 0.02 0.55% |
BTB Real financial indicator trend analysis is way more than just evaluating BTB Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTB Real Estate is a good investment. Please check the relationship between BTB Real Other Stockholder Equity and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTB Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Other Stockholder Equity vs Other Current Liab
Other Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTB Real Estate Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BTB Real's Other Stockholder Equity and Other Current Liab is 0.55. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of BTB Real Estate, assuming nothing else is changed. The correlation between historical values of BTB Real's Other Stockholder Equity and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of BTB Real Estate are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., BTB Real's Other Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Other Current Liab
Most indicators from BTB Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTB Real Estate 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 BTB Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, BTB Real's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.57, whereas Selling General Administrative is forecasted to decline to about 4.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 100.3M | 119.5M | 127.8M | 71.2M | Depreciation And Amortization | 54.3M | 42.1M | 60.2M | 63.2M |
BTB Real fundamental ratios Correlations
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BTB Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BTB Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 939.1M | 926.7M | 1.1B | 1.2B | 1.2B | 652.8M | |
Total Current Liabilities | 107.8M | 139.1M | 114.8M | 108.3M | 182.0M | 191.1M | |
Total Stockholder Equity | 356.1M | 342.1M | 404.4M | 462.1M | 477.7M | 501.5M | |
Net Debt | 557.4M | 543.4M | 680.5M | 689.7M | 723.3M | 413.3M | |
Accounts Payable | 18.0M | 18.3M | 21.7M | 20.1M | 19.5M | 13.5M | |
Cash | 1.8M | 9.1M | 7.2M | 2.4M | 912K | 866.4K | |
Non Current Assets Total | 931.6M | 910.2M | 1.1B | 1.2B | 1.2B | 641.0M | |
Non Currrent Assets Other | 931.0M | (16.8M) | (15.9M) | 1.2B | 1.2B | 1.3B | |
Cash And Short Term Investments | 1.8M | 9.1M | 7.2M | 2.4M | 912K | 866.4K | |
Net Receivables | 3.8M | 5.2M | 5.5M | 4.8M | 13.7M | 14.4M | |
Common Stock Shares Outstanding | 59.1M | 62.8M | 71.5M | 83.4M | 86.3M | 90.6M | |
Liabilities And Stockholders Equity | 939.1M | 926.7M | 1.1B | 1.2B | 1.2B | 652.8M | |
Other Stockholder Equity | 134.6M | 156.0M | 177.3M | 202.2M | 228.1M | 239.5M | |
Total Liab | 583.0M | 584.6M | 725.5M | 717.3M | 750.0M | 436.1M | |
Total Current Assets | 7.5M | 16.4M | 15.5M | 10.4M | 17.2M | 11.8M | |
Short Long Term Debt Total | 559.2M | 552.5M | 687.7M | 692.2M | 724.2M | 441.8M | |
Other Current Liab | 2.2M | 1.6M | 1.9M | 2.1M | 2.2M | 1.5M | |
Property Plant And Equipment Net | 263K | 334K | 446K | 322K | 271K | 257.5K | |
Non Current Liabilities Total | 475.2M | 445.5M | 610.7M | 609.0M | 568.0M | 410.5M | |
Other Current Assets | 3.8M | 3.6M | 3.3M | 3.2M | (14.6M) | (13.9M) | |
Accumulated Other Comprehensive Income | 185.7M | 188.6M | 230.2M | 268.3M | 304.9M | 320.2M | |
Short Term Debt | 87.6M | 119.3M | 91.2M | 86.1M | 160.3M | 95.6M | |
Common Stock | 305.0M | 309.4M | 351.5M | 396.0M | 400.8M | 275.8M | |
Retained Earnings | (134.6M) | (156.0M) | (177.3M) | (202.2M) | (228.1M) | (216.7M) | |
Other Liab | 1.1M | 7.3M | 12.2M | 1.7M | 1.9M | 2.8M | |
Net Tangible Assets | 356.1M | 342.1M | 404.4M | 462.1M | 531.4M | 311.2M | |
Long Term Debt | 471.6M | 429.0M | 592.3M | 601.9M | 556.6M | 532.1M | |
Short Term Investments | 1.4M | 1.6M | 304K | 3.8M | 2.7M | 1.6M | |
Inventory | (304K) | (1.4M) | 1.0 | (3.8M) | (2.7M) | (2.6M) | |
Short Long Term Debt | 87.6M | 119.3M | 91.2M | 86.1M | 160.3M | 135.8M | |
Property Plant Equipment | 924.6M | 904.2M | 1.1B | 1.2B | 1.3B | 888.4M | |
Non Current Liabilities Other | 2.6M | 1.4M | 1.4M | 1.3M | 2.0M | 1.5M | |
Net Invested Capital | 915.3M | 890.3M | 1.1B | 1.2B | 1.2B | 1.1B | |
Net Working Capital | (100.2M) | (116.7M) | (99.3M) | (97.9M) | (164.8M) | (156.6M) | |
Capital Stock | 305.0M | 309.4M | 351.5M | 396.0M | 400.8M | 373.4M |
Pair Trading with BTB Real
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BTB Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BTB Real will appreciate offsetting losses from the drop in the long position's value.Moving against BTB Stock
The ability to find closely correlated positions to BTB Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTB Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BTB Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BTB Real Estate to buy it.
The correlation of BTB Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BTB Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTB Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BTB Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BTB Stock
Balance Sheet is a snapshot of the financial position of BTB Real Estate at a specified time, usually calculated after every quarter, six months, or one year. BTB Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BTB Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BTB currently owns. An asset can also be divided into two categories, current and non-current.