British Net Tangible Assets vs Common Stock Shares Outstanding Analysis

BTI Stock   1.25  0.01  0.79%   
British Amer financial indicator trend analysis is way more than just evaluating Bailador Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bailador Technology is a good investment. Please check the relationship between British Amer Net Tangible Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bailador Technology Invest. 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.

Net Tangible Assets vs Common Stock Shares Outstanding

Net Tangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bailador Technology Net Tangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between British Amer's Net Tangible Assets and Common Stock Shares Outstanding is 0.95. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bailador Technology Invest, assuming nothing else is changed. The correlation between historical values of British Amer's Net Tangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Bailador Technology Invest are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Tangible Assets i.e., British Amer's Net Tangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from British Amer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bailador Technology 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 Bailador Technology Invest. 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 gain to about 12.3 M in 2024, whereas Tax Provision is likely to drop slightly above 5.6 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income197K2.9M4.4M4.6M
Research Development8.722.912.622.49

British Amer fundamental ratios Correlations

-0.810.460.990.960.98-0.720.9-0.070.710.57-0.680.450.790.60.950.170.40.840.890.790.96-0.870.750.440.43
-0.81-0.19-0.8-0.76-0.840.33-0.59-0.1-0.32-0.820.31-0.3-0.4-0.38-0.850.17-0.26-0.54-0.87-0.4-0.920.74-0.41-0.2-0.29
0.46-0.190.40.340.35-0.810.4-0.280.84-0.18-0.26-0.170.590.590.29-0.01-0.060.630.070.590.3-0.280.290.75-0.15
0.99-0.80.40.950.99-0.710.91-0.080.70.55-0.710.470.790.550.950.160.470.80.890.790.97-0.840.770.360.47
0.96-0.760.340.950.96-0.560.82-0.020.570.65-0.550.380.640.540.940.290.420.820.930.650.92-0.940.640.360.33
0.98-0.840.350.990.96-0.620.840.010.620.63-0.620.430.70.550.950.150.420.790.920.70.97-0.860.680.380.38
-0.720.33-0.81-0.71-0.56-0.62-0.80.29-0.990.110.75-0.29-0.94-0.62-0.54-0.06-0.26-0.77-0.33-0.94-0.560.42-0.76-0.6-0.36
0.9-0.590.40.910.820.84-0.8-0.20.760.34-0.910.660.930.520.820.190.430.770.730.940.82-0.710.950.340.72
-0.07-0.1-0.28-0.08-0.020.010.29-0.2-0.280.320.26-0.17-0.320.51-0.11-0.05-0.10.080.07-0.320.00.06-0.320.09-0.2
0.71-0.320.840.70.570.62-0.990.76-0.28-0.14-0.690.210.90.620.530.060.270.770.320.90.55-0.410.70.630.26
0.57-0.82-0.180.550.650.630.110.340.32-0.14-0.030.240.020.250.70.070.160.320.840.020.71-0.720.13-0.030.21
-0.680.31-0.26-0.71-0.55-0.620.75-0.910.26-0.69-0.03-0.81-0.92-0.35-0.57-0.19-0.3-0.58-0.47-0.92-0.580.41-0.98-0.29-0.82
0.45-0.3-0.170.470.380.43-0.290.66-0.170.210.24-0.810.580.050.440.18-0.050.320.470.580.44-0.330.80.130.88
0.79-0.40.590.790.640.7-0.940.93-0.320.90.02-0.920.580.520.650.140.310.750.481.00.66-0.510.940.470.64
0.6-0.380.590.550.540.55-0.620.520.510.620.25-0.350.050.520.430.110.030.790.380.520.5-0.440.340.70.06
0.95-0.850.290.950.940.95-0.540.82-0.110.530.7-0.570.440.650.430.290.430.690.930.660.97-0.90.670.260.45
0.170.17-0.010.160.290.15-0.060.19-0.050.060.07-0.190.180.140.110.290.080.190.180.140.09-0.310.220.120.12
0.4-0.26-0.060.470.420.42-0.260.43-0.10.270.16-0.3-0.050.310.030.430.080.140.380.320.42-0.350.33-0.480.26
0.84-0.540.630.80.820.79-0.770.770.080.770.32-0.580.320.750.790.690.190.140.660.750.72-0.690.630.690.25
0.89-0.870.070.890.930.92-0.330.730.070.320.84-0.470.470.480.380.930.180.380.660.480.94-0.90.560.170.41
0.79-0.40.590.790.650.7-0.940.94-0.320.90.02-0.920.581.00.520.660.140.320.750.480.66-0.510.940.460.64
0.96-0.920.30.970.920.97-0.560.820.00.550.71-0.580.440.660.50.970.090.420.720.940.66-0.850.660.280.44
-0.870.74-0.28-0.84-0.94-0.860.42-0.710.06-0.41-0.720.41-0.33-0.51-0.44-0.9-0.31-0.35-0.69-0.9-0.51-0.85-0.52-0.28-0.3
0.75-0.410.290.770.640.68-0.760.95-0.320.70.13-0.980.80.940.340.670.220.330.630.560.940.66-0.520.270.83
0.44-0.20.750.360.360.38-0.60.340.090.63-0.03-0.290.130.470.70.260.12-0.480.690.170.460.28-0.280.27-0.13
0.43-0.29-0.150.470.330.38-0.360.72-0.20.260.21-0.820.880.640.060.450.120.260.250.410.640.44-0.30.83-0.13
Click cells to compare fundamentals

British Amer Account Relationship Matchups

British Amer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets171.7M236.4M277.6M237.0M267.5M202.8M
Other Current Liab(101K)(305K)(22K)(89K)(79K)(75.1K)
Total Current Liabilities197K7.8M41.2M231K79K75.1K
Total Stockholder Equity140.7M192.0M224.7M220.0M233.1M173.9M
Other Liab19.7M28.9M30.8M36.7M42.2M22.0M
Net Tangible Assets128.1M145.1M140.7M192.0M220.7M141.9M
Net Debt(4.6M)(43.5M)(143.8M)(57.8M)(62.0M)(58.9M)
Retained Earnings21.5M49.1M81.1M71.0M82.0M86.1M
Accounts Payable101K305K22K89K79K91.9K
Cash4.6M43.5M143.8M57.8M62.0M40.8M
Non Current Assets Total161.4M173.8M64.9M121.8M115.7M135.1M
Non Currrent Assets Other19.8M(17.8M)(68.0M)(54.9M)(109.0M)(103.6M)
Other Assets19.8M14.0M4.9M2.8M267.5M280.8M
Cash And Short Term Investments10.2M61.3M211.8M112.7M151.5M159.0M
Common Stock Shares Outstanding120.9M125.4M140.9M143.6M145.8M127.9M
Liabilities And Stockholders Equity171.7M236.4M277.6M237.0M267.5M195.3M
Other Current Assets146K197K195K2.5M187K177.7K
Total Liab31.0M44.5M52.9M17.0M34.3M20.9M
Total Current Assets10.4M62.7M212.7M115.3M151.8M159.4M
Common Stock119.2M142.9M143.6M149.0M151.1M132.9M
Short Term Investments5.6M17.8M68.0M54.9M89.5M94.0M

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