Baytex Retained Earnings vs Current Deferred Revenue Analysis

BTE Stock

CAD 4.22 0.02 0.48%

Baytex Energy financial indicator trend analysis is way more than just evaluating Baytex Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baytex Energy Corp is a good investment. Please check the relationship between Baytex Energy Retained Earnings and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. 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.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baytex Energy Corp Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Baytex Energy's Retained Earnings and Current Deferred Revenue is -0.4. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Baytex Energy Corp, assuming nothing else is changed. The correlation between historical values of Baytex Energy's Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Baytex Energy Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Baytex Energy's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Baytex Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baytex Energy Corp 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 Baytex Energy Corp. 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.

At this time, Baytex Energy's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.41, while Tax Provision is likely to drop (297.4 M).

	2021	2022	2023	2024 (projected)
Interest Expense	92.1M	80.4M	171.8M	180.4M
Depreciation And Amortization	477.0M	602.7M	1.1B	1.1B

Interest Expense Depreciation And Amortization

Baytex Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Other Current Assets	Inventory	Intangible Assets	Good Will
Total Assets		0.91	0.1	0.79	0.95	1.0	0.48	0.91	-0.55	0.82	1.0	0.36	0.68	0.69	0.92	-0.18	0.94	0.79	0.73	0.02	0.44	0.5	0.22	-0.2	-0.56	0.85
Short Long Term Debt Total	0.91		0.06	0.66	0.76	0.92	0.3	1.0	-0.67	0.67	0.92	0.35	0.49	0.63	0.98	-0.24	0.98	0.61	0.57	0.11	0.35	0.44	0.21	-0.22	-0.52	0.89
Other Current Liab	0.1	0.06		0.38	0.04	0.08	0.19	0.06	-0.07	0.17	0.09	-0.38	0.25	0.09	0.11	0.09	0.15	0.25	0.27	0.17	-0.1	-0.28	0.12	0.29	0.0	0.06
Total Current Liabilities	0.79	0.66	0.38		0.77	0.73	0.61	0.64	-0.24	0.97	0.76	-0.05	0.91	0.6	0.63	0.12	0.71	0.8	0.97	-0.07	0.66	0.44	0.32	0.12	-0.73	0.49
Total Stockholder Equity	0.95	0.76	0.04	0.77		0.94	0.52	0.75	-0.4	0.81	0.94	0.35	0.75	0.68	0.75	-0.11	0.79	0.85	0.74	-0.1	0.56	0.57	0.12	-0.19	-0.6	0.72
Property Plant And Equipment Net	1.0	0.92	0.08	0.73	0.94		0.45	0.92	-0.59	0.76	1.0	0.41	0.62	0.69	0.93	-0.21	0.94	0.76	0.66	0.02	0.38	0.48	0.19	-0.25	-0.5	0.87
Current Deferred Revenue	0.48	0.3	0.19	0.61	0.52	0.45		0.29	-0.4	0.59	0.47	-0.21	0.75	0.67	0.34	0.09	0.39	0.67	0.59	-0.23	0.34	-0.11	-0.17	0.55	-0.4	0.37
Net Debt	0.91	1.0	0.06	0.64	0.75	0.92	0.29		-0.67	0.66	0.92	0.36	0.48	0.63	0.98	-0.25	0.98	0.6	0.56	0.12	0.33	0.43	0.21	-0.23	-0.5	0.89
Retained Earnings	-0.55	-0.67	-0.07	-0.24	-0.4	-0.59	-0.4	-0.67		-0.2	-0.58	-0.29	-0.21	-0.8	-0.69	0.32	-0.65	-0.52	-0.06	0.27	0.04	-0.07	0.33	0.05	0.21	-0.81
Accounts Payable	0.82	0.67	0.17	0.97	0.81	0.76	0.59	0.66	-0.2		0.79	0.03	0.88	0.56	0.65	0.12	0.73	0.76	0.97	-0.05	0.69	0.52	0.38	0.03	-0.73	0.49
Non Current Assets Total	1.0	0.92	0.09	0.76	0.94	1.0	0.47	0.92	-0.58	0.79		0.39	0.65	0.7	0.93	-0.2	0.94	0.78	0.7	0.01	0.42	0.49	0.21	-0.22	-0.54	0.87
Non Currrent Assets Other	0.36	0.35	-0.38	-0.05	0.35	0.41	-0.21	0.36	-0.29	0.03	0.39		-0.1	0.26	0.38	-0.11	0.34	0.05	-0.08	-0.32	-0.05	0.44	0.01	-0.66	0.09	0.32
Net Receivables	0.68	0.49	0.25	0.91	0.75	0.62	0.75	0.48	-0.21	0.88	0.65	-0.1		0.66	0.45	0.28	0.53	0.82	0.89	-0.24	0.72	0.39	-0.02	0.25	-0.76	0.38
Common Stock Shares Outstanding	0.69	0.63	0.09	0.6	0.68	0.69	0.67	0.63	-0.8	0.56	0.7	0.26	0.66		0.61	-0.15	0.63	0.85	0.45	-0.57	0.43	0.31	-0.34	0.13	-0.6	0.72
Non Current Liabilities Total	0.92	0.98	0.11	0.63	0.75	0.93	0.34	0.98	-0.69	0.65	0.93	0.38	0.45	0.61		-0.28	0.99	0.58	0.56	0.15	0.2	0.33	0.28	-0.23	-0.39	0.9
Other Stockholder Equity	-0.18	-0.24	0.09	0.12	-0.11	-0.21	0.09	-0.25	0.32	0.12	-0.2	-0.11	0.28	-0.15	-0.28		-0.24	-0.09	0.15	-0.05	0.14	0.02	-0.18	0.09	-0.09	-0.38
Total Liab	0.94	0.98	0.15	0.71	0.79	0.94	0.39	0.98	-0.65	0.73	0.94	0.34	0.53	0.63	0.99	-0.24		0.64	0.64	0.13	0.27	0.36	0.3	-0.19	-0.45	0.89
Property Plant And Equipment Gross	0.79	0.61	0.25	0.8	0.85	0.76	0.67	0.6	-0.52	0.76	0.78	0.05	0.82	0.85	0.58	-0.09	0.64		0.69	-0.35	0.63	0.44	-0.09	0.13	-0.73	0.68
Total Current Assets	0.73	0.57	0.27	0.97	0.74	0.66	0.59	0.56	-0.06	0.97	0.7	-0.08	0.89	0.45	0.56	0.15	0.64	0.69		0.02	0.68	0.43	0.43	0.12	-0.68	0.38
Short Term Debt	0.02	0.11	0.17	-0.07	-0.1	0.02	-0.23	0.12	0.27	-0.05	0.01	-0.32	-0.24	-0.57	0.15	-0.05	0.13	-0.35	0.02		-0.31	-0.33	0.5	0.01	0.29	0.04
Cash	0.44	0.35	-0.1	0.66	0.56	0.38	0.34	0.33	0.04	0.69	0.42	-0.05	0.72	0.43	0.2	0.14	0.27	0.63	0.68	-0.31		0.69	0.0	0.13	-0.89	0.15
Cash And Short Term Investments	0.5	0.44	-0.28	0.44	0.57	0.48	-0.11	0.43	-0.07	0.52	0.49	0.44	0.39	0.31	0.33	0.02	0.36	0.44	0.43	-0.33	0.69		0.09	-0.62	-0.59	0.24
Other Current Assets	0.22	0.21	0.12	0.32	0.12	0.19	-0.17	0.21	0.33	0.38	0.21	0.01	-0.02	-0.34	0.28	-0.18	0.3	-0.09	0.43	0.5	0.0	0.09		-0.18	0.06	0.05
Inventory	-0.2	-0.22	0.29	0.12	-0.19	-0.25	0.55	-0.23	0.05	0.03	-0.22	-0.66	0.25	0.13	-0.23	0.09	-0.19	0.13	0.12	0.01	0.13	-0.62	-0.18		-0.18	-0.12
Intangible Assets	-0.56	-0.52	0.0	-0.73	-0.6	-0.5	-0.4	-0.5	0.21	-0.73	-0.54	0.09	-0.76	-0.6	-0.39	-0.09	-0.45	-0.73	-0.68	0.29	-0.89	-0.59	0.06	-0.18		-0.37
Good Will	0.85	0.89	0.06	0.49	0.72	0.87	0.37	0.89	-0.81	0.49	0.87	0.32	0.38	0.72	0.9	-0.38	0.89	0.68	0.38	0.04	0.15	0.24	0.05	-0.12	-0.37

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Baytex Energy Account Relationship Matchups

Baytex Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9B	3.4B	4.8B	5.1B	7.5B	7.8B
Short Long Term Debt Total	1.8B	1.8B	1.4B	937.2M	2.4B	2.6B
Other Current Liab	8.7M	26.8M	134.0M	12.8M	49.0M	35.1M
Total Current Liabilities	233.5M	198.9M	338.7M	288.5M	558.0M	585.9M
Total Stockholder Equity	2.9B	578.2M	2.2B	3.0B	3.8B	4.0B
Property Plant And Equipment Net	5.7B	3.3B	4.7B	4.8B	6.7B	7.0B
Current Deferred Revenue	11.6M	11.8M	11.1M	18.4M	16.5M	14.1M
Net Debt	1.8B	1.8B	1.4B	931.7M	2.4B	2.5B
Retained Earnings	(3.3B)	(5.8B)	(4.2B)	(3.3B)	(3.6B)	(3.4B)
Accounts Payable	207.5M	156.0M	190.7M	272.2M	477.3M	501.2M
Non Current Assets Total	5.7B	3.3B	4.7B	4.9B	7.0B	7.4B
Net Receivables	173.8M	107.5M	173.4M	228.5M	339.4M	356.4M
Common Stock Shares Outstanding	557.0M	560.7M	571.6M	563.8M	704.9M	740.1M
Liabilities And Stockholders Equity	5.9B	3.4B	4.8B	5.1B	7.5B	7.8B
Non Current Liabilities Total	2.7B	2.6B	2.3B	1.8B	3.1B	3.2B
Other Stockholder Equity	17.7M	14.3M	13.6M	89.9M	193.1M	328.6M
Total Liab	3.0B	2.8B	2.6B	2.1B	3.6B	3.8B
Property Plant And Equipment Gross	5.7B	3.3B	11.8B	12.2B	15.7B	16.4B
Total Current Assets	184.8M	112.5M	182.1M	244.1M	440.0M	462.0M
Accumulated Other Comprehensive Income	556.2M	619.0M	632.1M	756.2M	690.9M	725.5M
Short Term Debt	5.8M	4.3M	2.9M	3.5M	13.4M	12.7M
Cash And Short Term Investments	5.6M	(11.1M)	(7.8M)	5.5M	55.8M	58.6M
Other Current Assets	5.4M	5.1M	8.7M	10.1M	44.8M	32.7M
Other Liab	891.7M	842.2M	900.1M	851.2M	978.9M	839.3M
Net Tangible Assets	2.9B	578.2M	2.2B	3.0B	3.5B	2.3B
Long Term Debt	1.8B	1.8B	1.4B	930.6M	2.4B	1.7B
Common Stock	5.7B	5.7B	5.7B	5.5B	6.5B	4.8B
Property Plant Equipment	5.7B	3.3B	4.7B	4.8B	5.5B	4.8B
Common Stock Total Equity	4.4B	5.7B	5.7B	5.7B	6.6B	4.6B
Long Term Debt Total	1.8B	1.8B	1.4B	933.6M	840.3M	1.3B
Capital Surpluse	17.7M	14.3M	13.6M	89.9M	103.4M	108.5M

When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:

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What is Baytex Energy's Net Worth?

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Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Baytex Retained Earnings vs Current Deferred Revenue Analysis

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Retained Earnings

Current Deferred Revenue

Baytex Energy fundamental ratios Correlations

Baytex Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baytex Energy fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total

Intangible Assets	- 0.89	Cash
Good Will	- 0.81	Retained Earnings
Common Stock Shares Outstanding	- 0.8	Retained Earnings
Intangible Assets	- 0.76	Net Receivables
Intangible Assets	- 0.73	Property Plant And Equipment Gross
Intangible Assets	- 0.73	Accounts Payable