Bitterroot Total Current Assets vs Retained Earnings Analysis

BTT Stock

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

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitterroot Resources Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Bitterroot Resources' Total Current Assets and Retained Earnings is 0.1. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Bitterroot Resources, assuming nothing else is changed. The correlation between historical values of Bitterroot Resources' Total Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Bitterroot Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Bitterroot Resources' Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.

Most indicators from Bitterroot Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitterroot Resources 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 Bitterroot Resources. 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, Bitterroot Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 6.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 218.5 K in 2024.

Bitterroot Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Cash	Cash And Short Term Investments	Other Stockholder Equity	Non Current Liabilities Total	Net Tangible Assets	Inventory	Other Current Assets	Property Plant Equipment	Short Long Term Debt
Total Assets		0.21	-0.1	-0.16	0.99	0.96	-0.78	-0.38	0.96	0.43	-0.35	0.23	-0.15	0.79	-0.07	0.49	-0.11	0.8	0.8	0.3	-0.53	0.57	0.05	-0.08	0.49	0.34
Short Long Term Debt Total	0.21		-0.16	0.45	0.15	0.15	-0.01	-0.26	0.21	-0.03	-0.41	0.23	0.46	0.14	0.79	0.31	0.42	0.15	0.15	-0.12	-0.12	0.14	0.16	0.01	0.23	0.87
Other Current Liab	-0.1	-0.16		0.49	-0.17	-0.12	0.28	-0.37	0.0	0.09	-0.45	0.4	0.6	-0.3	0.01	0.39	-0.1	-0.29	-0.29	-0.52	0.04	-0.14	0.41	-0.44	0.07	-0.16
Total Current Liabilities	-0.16	0.45	0.49		-0.26	-0.17	0.6	-0.41	-0.02	0.13	-0.57	0.57	0.9	-0.54	0.67	0.41	0.58	-0.53	-0.53	-0.48	-0.26	-0.26	0.29	-0.47	0.06	0.28
Total Stockholder Equity	0.99	0.15	-0.17	-0.26		0.96	-0.81	-0.31	0.94	0.44	-0.27	0.18	-0.26	0.82	-0.13	0.43	-0.15	0.83	0.83	0.35	-0.52	0.61	0.01	-0.07	0.5	0.3
Property Plant And Equipment Net	0.96	0.15	-0.12	-0.17	0.96		-0.71	-0.47	0.95	0.34	-0.36	0.19	-0.15	0.71	-0.09	0.53	-0.11	0.72	0.72	0.31	-0.61	0.39	0.1	-0.06	0.33	0.26
Net Debt	-0.78	-0.01	0.28	0.6	-0.81	-0.71		-0.13	-0.61	-0.14	-0.03	0.31	0.5	-0.99	0.33	0.02	0.3	-0.99	-0.99	-0.52	0.07	-0.58	0.31	-0.33	-0.29	-0.16
Retained Earnings	-0.38	-0.26	-0.37	-0.41	-0.31	-0.47	-0.13		-0.56	-0.22	0.64	-0.62	-0.48	0.1	-0.2	-0.94	-0.14	0.09	0.09	0.24	0.65	0.05	-0.72	0.38	-0.2	-0.24
Non Current Assets Total	0.96	0.21	0.0	-0.02	0.94	0.95	-0.61	-0.56		0.46	-0.44	0.36	-0.05	0.62	0.03	0.66	-0.03	0.63	0.63	0.2	-0.67	0.48	0.17	-0.22	0.49	0.32
Non Currrent Assets Other	0.43	-0.03	0.09	0.13	0.44	0.34	-0.14	-0.22	0.46		-0.31	0.7	-0.1	0.14	-0.12	0.34	0.12	0.15	0.15	-0.14	-0.39	0.73	0.18	-0.77	0.83	0.32
Net Receivables	-0.35	-0.41	-0.45	-0.57	-0.27	-0.36	-0.03	0.64	-0.44	-0.31		-0.56	-0.57	0.0	-0.33	-0.63	-0.38	-0.03	-0.03	0.23	0.42	-0.13	-0.27	0.36	-0.34	-0.47
Common Stock Shares Outstanding	0.23	0.23	0.4	0.57	0.18	0.19	0.31	-0.62	0.36	0.7	-0.56		0.48	-0.27	0.25	0.67	0.17	-0.25	-0.25	-0.63	-0.37	0.35	0.6	-0.75	0.65	0.43
Total Liab	-0.15	0.46	0.6	0.9	-0.26	-0.15	0.5	-0.48	-0.05	-0.1	-0.57	0.48		-0.44	0.54	0.43	0.36	-0.42	-0.42	-0.53	-0.05	-0.32	0.42	-0.23	-0.04	0.29
Total Current Assets	0.79	0.14	-0.3	-0.54	0.82	0.71	-0.99	0.1	0.62	0.14	0.0	-0.27	-0.44		-0.25	0.01	-0.26	1.0	1.0	0.49	-0.06	0.6	-0.26	0.34	0.32	0.28
Short Term Debt	-0.07	0.79	0.01	0.67	-0.13	-0.09	0.33	-0.2	0.03	-0.12	-0.33	0.25	0.54	-0.25		0.25	0.62	-0.24	-0.24	-0.31	-0.23	-0.19	-0.02	-0.15	-0.01	0.54
Common Stock	0.49	0.31	0.39	0.41	0.43	0.53	0.02	-0.94	0.66	0.34	-0.63	0.67	0.43	0.01	0.25		0.13	0.03	0.03	-0.2	-0.68	0.16	0.65	-0.43	0.42	0.32
Accounts Payable	-0.11	0.42	-0.1	0.58	-0.15	-0.11	0.3	-0.14	-0.03	0.12	-0.38	0.17	0.36	-0.26	0.62	0.13		-0.25	-0.25	-0.11	-0.31	-0.13	-0.25	-0.13	0.02	0.35
Cash	0.8	0.15	-0.29	-0.53	0.83	0.72	-0.99	0.09	0.63	0.15	-0.03	-0.25	-0.42	1.0	-0.24	0.03	-0.25		1.0	0.48	-0.07	0.6	-0.25	0.32	0.34	0.29
Cash And Short Term Investments	0.8	0.15	-0.29	-0.53	0.83	0.72	-0.99	0.09	0.63	0.15	-0.03	-0.25	-0.42	1.0	-0.24	0.03	-0.25	1.0		0.48	-0.07	0.6	-0.25	0.32	0.34	0.29
Other Stockholder Equity	0.3	-0.12	-0.52	-0.48	0.35	0.31	-0.52	0.24	0.2	-0.14	0.23	-0.63	-0.53	0.49	-0.31	-0.2	-0.11	0.48	0.48		-0.27	0.08	-0.4	0.39	-0.15	-0.27
Non Current Liabilities Total	-0.53	-0.12	0.04	-0.26	-0.52	-0.61	0.07	0.65	-0.67	-0.39	0.42	-0.37	-0.05	-0.06	-0.23	-0.68	-0.31	-0.07	-0.07	-0.27		-0.04	-0.2	0.44	-0.18	-0.03
Net Tangible Assets	0.57	0.14	-0.14	-0.26	0.61	0.39	-0.58	0.05	0.48	0.73	-0.13	0.35	-0.32	0.6	-0.19	0.16	-0.13	0.6	0.6	0.08	-0.04		0.0	-0.24	0.92	0.49
Inventory	0.05	0.16	0.41	0.29	0.01	0.1	0.31	-0.72	0.17	0.18	-0.27	0.6	0.42	-0.26	-0.02	0.65	-0.25	-0.25	-0.25	-0.4	-0.2	0.0		-0.39	0.22	0.19
Other Current Assets	-0.08	0.01	-0.44	-0.47	-0.07	-0.06	-0.33	0.38	-0.22	-0.77	0.36	-0.75	-0.23	0.34	-0.15	-0.43	-0.13	0.32	0.32	0.39	0.44	-0.24	-0.39		-0.48	-0.13
Property Plant Equipment	0.49	0.23	0.07	0.06	0.5	0.33	-0.29	-0.2	0.49	0.83	-0.34	0.65	-0.04	0.32	-0.01	0.42	0.02	0.34	0.34	-0.15	-0.18	0.92	0.22	-0.48		0.57
Short Long Term Debt	0.34	0.87	-0.16	0.28	0.3	0.26	-0.16	-0.24	0.32	0.32	-0.47	0.43	0.29	0.28	0.54	0.32	0.35	0.29	0.29	-0.27	-0.03	0.49	0.19	-0.13	0.57

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Bitterroot Resources Account Relationship Matchups

Bitterroot Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4M	6.3M	5.4M	5.6M	5.0M	5.5M
Short Long Term Debt Total	216.5K	38.9K	43.0K	96.8K	111.4K	76.2K
Other Current Liab	30.1K	110.0K	52.5K	127.7K	146.8K	86.5K
Total Current Liabilities	370.9K	126.6K	73.4K	348.4K	400.7K	420.7K
Total Stockholder Equity	4.0M	6.2M	5.3M	5.2M	4.7M	5.2M
Property Plant And Equipment Net	4.4M	5.5M	5.3M	4.8M	4.3M	4.9M
Net Debt	199.4K	(697.5K)	(62.4K)	91.0K	104.6K	109.9K
Retained Earnings	(27.1M)	(28.0M)	(29.8M)	(30.2M)	(27.1M)	(25.8M)
Non Current Assets Total	4.4M	5.6M	5.3M	5.6M	5.0M	5.0M
Non Currrent Assets Other	11.5K	11.6K	45.8K	36.6K	42.1K	44.2K
Net Receivables	4.0K	4.9K	7.4K	1.7K	1.6K	1.5K
Common Stock Shares Outstanding	46.2M	71.8M	85.2M	92.3M	106.2M	111.5M
Liabilities And Stockholders Equity	4.4M	6.3M	5.4M	5.6M	5.0M	5.5M
Total Liab	405.0K	149.0K	95.4K	348.4K	400.7K	435.8K
Total Current Assets	29.3K	747.0K	108.5K	7.6K	6.8K	6.5K
Short Term Debt	182.4K	16.5K	21.0K	96.8K	111.4K	55.7K
Common Stock	26.9M	29.4M	30.2M	30.4M	35.0M	25.5M
Accounts Payable	158.3K	110.0K	52.5K	123.9K	111.5K	93.5K
Cash	17.0K	736.4K	105.3K	5.8K	5.3K	5.0K
Cash And Short Term Investments	17.0K	736.4K	105.3K	5.8K	5.3K	5.0K
Other Stockholder Equity	25K	4.2M	4.7M	4.9M	4.4M	4.2M
Accumulated Other Comprehensive Income	4.2M	4.7M	4.9M	4.9M	5.7M	4.0M
Net Tangible Assets	3.7M	4.0M	6.2M	5.3M	6.1M	5.3M
Other Current Assets	4.4K	7.3K	3.2K	1.73	1.56	1.48
Property Plant Equipment	4.2M	4.4M	5.5M	5.3M	6.1M	5.2M
Short Long Term Debt	45.2K	50.6K	160K	96.8K	111.4K	91.7K
Net Invested Capital	4.2M	6.2M	5.3M	5.3M	6.1M	5.6M
Net Working Capital	(341.6K)	620.4K	35.1K	(340.9K)	(306.8K)	(291.4K)
Capital Stock	26.9M	29.4M	30.2M	30.4M	35.0M	31.2M

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