Baytex Long Term Debt vs Common Stock Analysis

BTE Stock  USD 3.02  0.02  0.67%   
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 Long Term Debt and its Common Stock 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 estimate.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baytex Energy Corp Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Baytex Energy's Long Term Debt and Common Stock is 0.89. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock 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 Long Term Debt 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 Long Term Debt of Baytex Energy Corp 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 Long Term Debt i.e., Baytex Energy's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Baytex Energy Corp has held for over one year. Long-term debt appears on Baytex Energy Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Baytex Energy Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

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 estimate.
At present, Baytex Energy's Enterprise Value Multiple is projected to drop based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 5.8 B, whereas Tax Provision is forecasted to decline to (73.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense92.1M80.4M171.8M180.4M
Depreciation And Amortization477.0M602.7M1.0B1.1B

Baytex Energy fundamental ratios Correlations

0.910.280.790.951.00.91-0.550.811.00.390.680.690.92-0.170.940.73-0.240.420.50.250.680.820.490.85-0.02
0.910.110.660.760.921.0-0.670.690.920.370.510.630.98-0.230.980.57-0.280.330.440.20.650.680.30.95-0.09
0.280.110.590.330.240.1-0.060.40.26-0.380.590.310.130.150.20.520.120.26-0.040.040.20.310.620.020.41
0.790.660.590.770.740.64-0.240.970.76-0.020.920.60.630.130.710.97-0.020.660.440.340.410.570.670.540.3
0.950.760.330.770.940.75-0.40.80.940.380.740.680.75-0.10.790.74-0.20.540.570.170.660.880.590.730.02
1.00.920.240.740.940.92-0.590.761.00.430.630.70.93-0.20.940.67-0.260.370.480.210.710.830.460.87-0.06
0.911.00.10.640.750.92-0.670.680.920.380.50.630.98-0.240.980.56-0.290.310.430.210.650.670.290.95-0.1
-0.55-0.67-0.06-0.24-0.4-0.59-0.67-0.19-0.58-0.31-0.21-0.8-0.690.32-0.65-0.060.290.05-0.070.32-0.85-0.56-0.39-0.75-0.05
0.810.690.40.970.80.760.68-0.190.790.060.880.540.660.130.740.97-0.040.690.530.410.360.550.570.580.21
1.00.920.260.760.941.00.92-0.580.790.410.660.70.93-0.190.940.7-0.250.40.490.230.70.830.480.86-0.04
0.390.37-0.38-0.020.380.430.38-0.310.060.41-0.060.30.4-0.110.36-0.05-0.09-0.070.46-0.010.470.51-0.140.42-0.61
0.680.510.590.920.740.630.5-0.210.880.66-0.060.650.460.290.550.9-0.060.740.40.030.480.590.730.470.43
0.690.630.310.60.680.70.63-0.80.540.70.30.650.61-0.140.630.45-0.230.430.31-0.30.90.780.770.710.31
0.920.980.130.630.750.930.98-0.690.660.930.40.460.61-0.280.990.56-0.280.180.330.280.630.650.260.89-0.11
-0.17-0.230.150.13-0.1-0.2-0.240.320.13-0.19-0.110.29-0.14-0.28-0.230.16-0.080.160.03-0.19-0.16-0.250.07-0.220.1
0.940.980.20.710.790.940.98-0.650.740.940.360.550.630.99-0.230.64-0.250.250.360.30.630.670.330.88-0.06
0.730.570.520.970.740.670.56-0.060.970.7-0.050.90.450.560.160.640.060.680.430.460.260.50.550.430.3
-0.24-0.280.12-0.02-0.2-0.26-0.290.29-0.04-0.25-0.09-0.06-0.23-0.28-0.08-0.250.060.130.030.16-0.28-0.1-0.17-0.280.04
0.420.330.260.660.540.370.310.050.690.4-0.070.740.430.180.160.250.680.130.640.010.260.490.610.380.36
0.50.44-0.040.440.570.480.43-0.070.530.490.460.40.310.330.030.360.430.030.640.10.420.60.30.51-0.45
0.250.20.040.340.170.210.210.320.410.23-0.010.03-0.30.28-0.190.30.460.160.010.1-0.43-0.08-0.19-0.06-0.16
0.680.650.20.410.660.710.65-0.850.360.70.470.480.90.63-0.160.630.26-0.280.260.42-0.430.840.590.77-0.01
0.820.680.310.570.880.830.67-0.560.550.830.510.590.780.65-0.250.670.5-0.10.490.6-0.080.840.610.72-0.03
0.490.30.620.670.590.460.29-0.390.570.48-0.140.730.770.260.070.330.55-0.170.610.3-0.190.590.610.360.52
0.850.950.020.540.730.870.95-0.750.580.860.420.470.710.89-0.220.880.43-0.280.380.51-0.060.770.720.36-0.1
-0.02-0.090.410.30.02-0.06-0.1-0.050.21-0.04-0.610.430.31-0.110.1-0.060.30.040.36-0.45-0.16-0.01-0.030.52-0.1
Click cells to compare fundamentals

Baytex Energy Account Relationship Matchups

Baytex Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B3.4B4.8B5.1B7.5B7.8B
Short Long Term Debt Total1.8B1.8B1.4B937.2M2.4B2.6B
Other Current Liab8.7M6.4M117.1M57.7M67.3M70.7M
Total Current Liabilities233.5M198.9M338.7M288.5M558.0M585.9M
Total Stockholder Equity2.9B578.2M2.2B3.0B3.8B4.0B
Property Plant And Equipment Net5.7B3.3B4.7B4.8B6.7B7.1B
Net Debt1.8B1.8B1.4B931.7M2.4B2.5B
Retained Earnings(3.3B)(5.8B)(4.2B)(3.3B)(3.6B)(3.4B)
Accounts Payable207.5M156.0M190.7M227.3M477.3M501.2M
Non Current Assets Total5.7B3.3B4.7B4.9B7.0B7.4B
Net Receivables173.8M107.5M173.4M200.9M338.4M355.3M
Common Stock Shares Outstanding557.0M560.7M571.6M563.8M704.9M740.1M
Liabilities And Stockholders Equity5.9B3.4B4.8B5.1B7.5B7.8B
Non Current Liabilities Total2.7B2.6B2.3B1.8B3.1B3.2B
Other Stockholder Equity17.7M14.3M13.6M89.9M193.1M357.7M
Total Liab3.0B2.8B2.6B2.1B3.6B3.8B
Total Current Assets184.8M112.5M182.1M244.1M440.0M462.0M
Accumulated Other Comprehensive Income556.2M619.0M632.1M756.2M690.9M725.5M
Short Term Debt5.8M8.6M5.9M3.5M13.4M12.7M
Cash5.6M(11.1M)(7.8M)5.5M55.8M58.6M
Cash And Short Term Investments5.6M(11.1M)(7.8M)5.5M55.8M58.6M
Other Current Assets5.4M5.1M8.7M37.7M45.8M39.0M
Other Liab891.7M842.2M900.1M851.2M978.9M1.0B
Net Tangible Assets2.9B578.2M2.2B3.0B3.5B3.7B
Long Term Debt1.8B1.8B1.4B930.6M2.4B2.5B
Common Stock5.7B5.7B5.7B5.5B6.5B6.9B
Property Plant Equipment5.7B3.3B4.7B4.8B5.5B2.8B
Current Deferred Revenue2.0M11.6M11.8M11.1M10.0M17.8M
Capital Lease Obligations13.9M11.1M7.8M6.5M29.4M30.9M
Property Plant And Equipment Gross11.5B11.6B11.8B12.2B15.7B16.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
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 estimate.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baytex Energy. If investors know Baytex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baytex Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.544
Dividend Share
0.09
Earnings Share
(0.41)
Revenue Per Share
4.112
Quarterly Revenue Growth
(0.08)
The market value of Baytex Energy Corp is measured differently than its book value, which is the value of Baytex that is recorded on the company's balance sheet. Investors also form their own opinion of Baytex Energy's value that differs from its market value or its book value, called intrinsic value, which is Baytex Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baytex Energy's market value can be influenced by many factors that don't directly affect Baytex Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.