British Non Current Assets Total vs Non Current Liabilities Total Analysis

BATS Stock   2,988  8.00  0.27%   
British American financial indicator trend analysis is way more than just evaluating British American Tobacco prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether British American Tobacco is a good investment. Please check the relationship between British American Non Current Assets Total and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in British American Tobacco. 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.

Non Current Assets Total vs Non Current Liabilities Total

Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of British American Tobacco Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have totally related.
The correlation between British American's Non Current Assets Total and Non Current Liabilities Total is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of British American Tobacco, assuming nothing else is changed. The correlation between historical values of British American's Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of British American Tobacco are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., British American's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Current Liabilities Total

Most indicators from British American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into British American Tobacco 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 British American Tobacco. 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 drop to about 25.7 M in 2024. Tax Provision is likely to gain to about (2.7 B) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense1.5B1.7B1.9B2.0B
Depreciation And Amortization949M1.1B863M615.9M

British American fundamental ratios Correlations

0.990.310.91.00.910.490.980.990.90.71.00.790.7-0.20.590.990.76-0.65-0.540.990.830.820.390.990.7
0.990.240.90.970.910.521.00.960.910.710.980.830.7-0.220.521.00.79-0.66-0.531.00.840.830.350.960.67
0.310.240.260.340.19-0.010.240.33-0.02-0.050.32-0.040.010.150.280.280.11-0.010.00.270.170.280.670.390.34
0.90.90.260.880.980.480.890.870.880.510.890.810.50.130.360.890.92-0.51-0.530.910.950.930.210.860.71
1.00.970.340.880.90.460.961.00.870.681.00.750.69-0.190.630.980.72-0.65-0.550.980.810.790.420.990.71
0.910.910.190.980.90.460.910.90.880.490.910.820.470.120.310.910.92-0.5-0.60.920.920.90.20.880.68
0.490.52-0.010.480.460.460.520.460.530.370.480.420.37-0.160.30.50.52-0.58-0.310.510.510.470.160.390.82
0.981.00.240.890.960.910.520.960.910.710.980.830.7-0.230.521.00.79-0.67-0.531.00.830.830.350.960.67
0.990.960.330.871.00.90.460.960.860.670.990.730.68-0.180.620.980.71-0.67-0.570.980.80.80.440.990.72
0.90.91-0.020.880.870.880.530.910.860.740.890.90.72-0.260.50.90.83-0.6-0.460.910.870.740.020.820.61
0.70.71-0.050.510.680.490.370.710.670.740.680.560.99-0.630.790.690.35-0.63-0.080.70.570.430.280.630.45
1.00.980.320.891.00.910.480.980.990.890.680.780.69-0.190.590.990.75-0.65-0.550.990.820.810.40.990.7
0.790.83-0.040.810.750.820.420.830.730.90.560.780.51-0.080.240.820.87-0.41-0.520.820.850.65-0.110.720.49
0.70.70.010.50.690.470.370.70.680.720.990.690.51-0.630.850.690.31-0.66-0.090.70.550.410.340.640.48
-0.2-0.220.150.13-0.190.12-0.16-0.23-0.18-0.26-0.63-0.19-0.08-0.63-0.53-0.20.20.37-0.13-0.210.150.1-0.05-0.150.05
0.590.520.280.360.630.310.30.520.620.50.790.590.240.85-0.530.540.08-0.67-0.120.550.370.250.550.580.52
0.991.00.280.890.980.910.51.00.980.90.690.990.820.69-0.20.540.78-0.65-0.541.00.830.820.380.980.69
0.760.790.110.920.720.920.520.790.710.830.350.750.870.310.20.080.78-0.39-0.50.790.920.83-0.050.690.62
-0.65-0.66-0.01-0.51-0.65-0.5-0.58-0.67-0.67-0.6-0.63-0.65-0.41-0.660.37-0.67-0.65-0.390.41-0.65-0.48-0.48-0.42-0.61-0.58
-0.54-0.530.0-0.53-0.55-0.6-0.31-0.53-0.57-0.46-0.08-0.55-0.52-0.09-0.13-0.12-0.54-0.50.41-0.53-0.42-0.54-0.12-0.55-0.41
0.991.00.270.910.980.920.511.00.980.910.70.990.820.7-0.210.551.00.79-0.65-0.530.840.830.360.970.69
0.830.840.170.950.810.920.510.830.80.870.570.820.850.550.150.370.830.92-0.48-0.420.840.830.120.770.74
0.820.830.280.930.790.90.470.830.80.740.430.810.650.410.10.250.820.83-0.48-0.540.830.830.270.790.64
0.390.350.670.210.420.20.160.350.440.020.280.4-0.110.34-0.050.550.38-0.05-0.42-0.120.360.120.270.470.43
0.990.960.390.860.990.880.390.960.990.820.630.990.720.64-0.150.580.980.69-0.61-0.550.970.770.790.470.66
0.70.670.340.710.710.680.820.670.720.610.450.70.490.480.050.520.690.62-0.58-0.410.690.740.640.430.66
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British American Account Relationship Matchups

British American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.0B137.7B137.4B153.5B118.7B124.7B
Short Long Term Debt Total45.4B44.0B39.7B43.1B39.7B41.7B
Other Current Liab1.3B876M696M1.9B657M624.2M
Total Current Liabilities18.8B15.5B15.1B17.9B15.7B9.8B
Total Stockholder Equity63.9B62.7B67.1B75.4B52.6B55.2B
Property Plant And Equipment Net5.5B5.1B5.0B4.9B4.6B3.4B
Net Debt42.8B40.8B36.8B39.7B37.4B39.2B
Retained Earnings40.2B42.0B44.2B44.1B31.6B33.2B
Accounts Payable9.7B9.7B9.6B10.4B9.7B10.2B
Cash2.5B3.1B2.8B3.4B4.7B4.9B
Non Current Assets Total127.7B124.1B124.6B138.1B104.5B109.8B
Non Currrent Assets Other1.3B1.6B1.8B2.0B1.4B1.5B
Cash And Short Term Investments2.6B3.4B3.3B4.0B5.3B5.5B
Short Term Investments123M242M456M579M601M631.1M
Liabilities And Stockholders Equity141.0B137.7B137.4B153.5B118.7B124.7B
Non Current Liabilities Total58.0B59.3B54.8B60.0B50.1B52.6B
Inventory6.1B6.0B5.3B5.7B4.9B3.9B
Other Current Assets978M1.2B433M195M1.2B185.3M
Other Stockholder Equity(31.6B)(5.2B)(66.3B)(7.0B)(7.0B)(7.3B)
Total Liab76.8B74.7B70.0B77.8B65.8B69.1B
Total Current Assets13.3B13.6B12.8B15.4B14.2B9.6B
Accumulated Other Comprehensive Income(3.5B)(6.5B)(4.2B)4.1B27.3B28.7B
Short Term Debt7.1B4.0B4.0B4.4B4.3B2.6B
Intangible Assets74.5B72.0B72.4B81.1B54.5B57.2B
Net Receivables3.4B3.8B4.1B4.5B3.8B2.6B
Good Will44.3B43.3B43.2B48.0B41.1B33.1B
Other Assets1.6B1.9B2.0B2.1B2.4B2.2B
Long Term Debt37.4B39.6B35.3B38.4B35.0B39.8B
Long Term Debt Total43.3B37.8B39.9B35.7B41.0B39.8B
Capital Surpluse91M94M103M107M123.1M103.4M
Property Plant Equipment5.5B5.1B5.0B4.9B5.6B5.4B
Other Liab20.2B19.3B19.2B21.3B19.1B16.2B
Net Tangible Assets(55.0B)(52.8B)(48.5B)(53.7B)(61.8B)(64.9B)
Net Invested Capital63.9B62.7B106.3B118.0B91.8B93.2B
Net Working Capital(5.5B)(1.9B)(2.3B)(2.4B)(1.5B)(1.6B)

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