BPT Stock | | | USD 0.66 0.02 2.94% |
BP Prudhoe financial indicator trend analysis is way more than just evaluating BP Prudhoe Bay prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BP Prudhoe Bay is a good investment. Please check the relationship between BP Prudhoe Other Current Liab and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BP Prudhoe Bay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BP Prudhoe Bay Other Current Liab account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between BP Prudhoe's Other Current Liab and Cash is 0.25. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of BP Prudhoe Bay, assuming nothing else is changed. The correlation between historical values of BP Prudhoe's Other Current Liab and Cash 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 Current Liab of BP Prudhoe Bay are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., BP Prudhoe's Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Cash
Cash refers to the most liquid asset of BP Prudhoe Bay, which is listed under current asset account on BP Prudhoe Bay balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BP Prudhoe customers. The amounts must be unrestricted with restricted cash listed in a different BP Prudhoe account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from BP Prudhoe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BP Prudhoe Bay 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 BP Prudhoe Bay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, BP Prudhoe's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 9.63 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.3
M in 2024.
BP Prudhoe fundamental ratios Correlations
Click cells to compare fundamentals
BP Prudhoe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BP Prudhoe fundamental ratios Accounts
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Additional Tools for BPT Stock Analysis
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measure BP Prudhoe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BP Prudhoe is operating at the current time. Most of BP Prudhoe's value examination focuses on studying past and present price action to
predict the probability of BP Prudhoe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP Prudhoe's price. Additionally, you may evaluate how the addition of BP Prudhoe to your portfolios can decrease your overall portfolio volatility.