Bharatiya Capital Expenditures vs Change To Operating Activities Analysis

BGLOBAL Stock   3.71  0.17  4.80%   
Bharatiya Global financial indicator trend analysis is way more than just evaluating Bharatiya Global Inf prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bharatiya Global Inf is a good investment. Please check the relationship between Bharatiya Global Capital Expenditures and its Change To Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bharatiya Global Infomedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Capital Expenditures vs Change To Operating Activities

Capital Expenditures vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bharatiya Global Inf Capital Expenditures account and Change To Operating Activities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bharatiya Global's Capital Expenditures and Change To Operating Activities is 0.46. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Bharatiya Global Infomedia, assuming nothing else is changed. The correlation between historical values of Bharatiya Global's Capital Expenditures and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Bharatiya Global Infomedia are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Capital Expenditures i.e., Bharatiya Global's Capital Expenditures and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Expenditures

Capital Expenditures are funds used by Bharatiya Global Inf to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Bharatiya Global operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Operating Activities

Most indicators from Bharatiya Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bharatiya Global Inf 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 Bharatiya Global Infomedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Tax Provision is expected to rise to about 2.2 M this year, although the value of Selling General Administrative will most likely fall to about 3.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.9M68K158K150.1K
Total Revenue35.9M21.6M15.2M14.4M

Bharatiya Global fundamental ratios Correlations

0.2-0.110.640.81-0.30.190.640.46-0.110.79-0.240.630.750.360.650.060.250.750.760.780.51-0.540.36-0.470.31
0.2-0.310.35-0.28-0.371.0-0.030.25-0.93-0.17-0.780.53-0.370.590.530.26-0.480.660.5-0.340.49-0.410.12-0.350.24
-0.11-0.31-0.230.030.01-0.3-0.29-0.380.270.010.24-0.180.09-0.01-0.15-0.35-0.04-0.16-0.180.07-0.20.17-0.320.090.0
0.640.35-0.230.2-0.150.340.230.94-0.280.15-0.340.540.13-0.080.410.670.160.820.870.160.49-0.440.70.020.21
0.81-0.280.030.2-0.05-0.30.780.060.380.940.240.280.950.110.25-0.350.370.210.290.990.29-0.350.16-0.340.08
-0.3-0.370.01-0.15-0.05-0.410.230.050.55-0.270.42-0.11-0.14-0.59-0.64-0.150.08-0.45-0.19-0.060.140.350.430.66-0.45
0.191.0-0.30.34-0.3-0.41-0.060.24-0.94-0.18-0.790.52-0.370.620.560.28-0.490.660.49-0.350.46-0.40.09-0.380.27
0.64-0.03-0.290.230.780.23-0.060.20.190.630.130.370.62-0.010.05-0.260.030.150.340.720.57-0.290.4-0.090.02
0.460.25-0.380.940.060.050.240.2-0.18-0.02-0.230.44-0.01-0.280.220.720.180.660.740.020.49-0.350.820.230.06
-0.11-0.930.27-0.280.380.55-0.940.19-0.180.250.85-0.40.45-0.64-0.56-0.310.47-0.61-0.430.43-0.280.270.040.4-0.32
0.79-0.170.010.150.94-0.27-0.180.63-0.020.250.170.280.930.280.39-0.330.320.270.210.950.21-0.42-0.02-0.550.03
-0.24-0.780.24-0.340.240.42-0.790.13-0.230.850.17-0.60.29-0.64-0.72-0.430.37-0.66-0.580.27-0.240.010.00.42-0.56
0.630.53-0.180.540.28-0.110.520.370.44-0.40.28-0.60.190.460.620.38-0.20.710.730.250.55-0.220.27-0.240.37
0.75-0.370.090.130.95-0.14-0.370.62-0.010.450.930.290.190.160.33-0.340.390.180.210.970.17-0.290.04-0.430.16
0.360.59-0.01-0.080.11-0.590.62-0.01-0.28-0.640.28-0.640.460.160.78-0.18-0.250.490.310.120.15-0.22-0.37-0.750.45
0.650.53-0.150.410.25-0.640.560.050.22-0.560.39-0.720.620.330.780.28-0.120.790.640.260.24-0.23-0.07-0.790.64
0.060.26-0.350.67-0.35-0.150.28-0.260.72-0.31-0.33-0.430.38-0.34-0.180.28-0.060.470.47-0.36-0.040.160.270.090.31
0.25-0.48-0.040.160.370.08-0.490.030.180.470.320.37-0.20.39-0.25-0.12-0.06-0.010.050.39-0.31-0.180.230.16-0.14
0.750.66-0.160.820.21-0.450.660.150.66-0.610.27-0.660.710.180.490.790.47-0.010.920.180.52-0.520.41-0.410.41
0.760.5-0.180.870.29-0.190.490.340.74-0.430.21-0.580.730.210.310.640.470.050.920.250.58-0.390.58-0.170.48
0.78-0.340.070.160.99-0.06-0.350.720.020.430.950.270.250.970.120.26-0.360.390.180.250.24-0.30.11-0.360.09
0.510.49-0.20.490.290.140.460.570.49-0.280.21-0.240.550.170.150.24-0.04-0.310.520.580.24-0.590.690.03-0.08
-0.54-0.410.17-0.44-0.350.35-0.4-0.29-0.350.27-0.420.01-0.22-0.29-0.22-0.230.16-0.18-0.52-0.39-0.3-0.59-0.420.140.2
0.360.12-0.320.70.160.430.090.40.820.04-0.020.00.270.04-0.37-0.070.270.230.410.580.110.69-0.420.46-0.23
-0.47-0.350.090.02-0.340.66-0.38-0.090.230.4-0.550.42-0.24-0.43-0.75-0.790.090.16-0.41-0.17-0.360.030.140.46-0.44
0.310.240.00.210.08-0.450.270.020.06-0.320.03-0.560.370.160.450.640.31-0.140.410.480.09-0.080.2-0.23-0.44
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Bharatiya Global Account Relationship Matchups

Bharatiya Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.3B1.2B1.2B1.3B
Short Long Term Debt Total65.2M62.5M44.7M40.5M24.8M44.8M
Other Current Liab40.2M25.2M25.6M28.2M40.9M23.7M
Total Current Liabilities135.7M175.6M161.1M139.3M132.3M199.4M
Total Stockholder Equity914.6M914.2M908.2M880.9M856.4M966.5M
Property Plant And Equipment Net122.3M91.3M82.8M75.1M13.1M12.5M
Net Debt62.5M59.3M41.8M35.9M23.1M39.7M
Retained Earnings181.1M159.4M153.3M126.2M122.5M165.2M
Accounts Payable23.7M51.0M53.3M25.6M42.2M40.1M
Cash2.7M3.2M2.9M4.6M6.4M3.9M
Non Current Assets Total782.2M826.6M797.4M812.6M785.5M806.9M
Non Currrent Assets Other8.4M8.4M8.4M(8.0M)279.8M172.1M
Cash And Short Term Investments54.4M61.9M7.6M32.8M6.4M6.1M
Liabilities And Stockholders Equity1.3B1.3B1.3B1.2B1.2B1.3B
Non Current Liabilities Total215.2M236.9M227.7M185.1M187.3M147.6M
Inventory259.0M257.0M263.0M266.4M306.3M165.0M
Other Current Assets49.5M167.5M10.9M121.2M122.0M99.8M
Other Stockholder Equity574.9M(339.5M)553.7M575.0M553.8M496.7M
Total Liab350.9M412.5M388.7M324.4M319.6M327.3M
Total Current Assets489.3M504.9M504.3M397.6M394.8M494.2M
Short Term Debt65.2M7.1M20.1M8.6M406K385.7K
Other Assets241.9M242.5M221.8M244.9M220.5M156.2M
Net Receivables128.3M66.6M219.4M55.8M55.1M52.4M
Other Liab215.2M236.0M227.7M44.3M51.0M48.4M
Net Tangible Assets497.0M422.8M415.8M388.9M350.0M416.2M
Short Long Term Debt65.2M62.5M44.7M40.5M24.8M48.0M
Property Plant Equipment122.3M91.3M82.8M75.1M67.6M108.1M
Current Deferred Revenue6.6M62.1M63.1M6.5M24.4M24.7M
Cash And Equivalents2.7M3.2M2.9M4.6M5.3M3.3M
Net Invested Capital979.8M977.6M952.8M921.5M881.2M762.6M
Net Working Capital353.6M329.3M343.2M258.3M262.5M255.3M

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Other Information on Investing in Bharatiya Stock

Balance Sheet is a snapshot of the financial position of Bharatiya Global Inf at a specified time, usually calculated after every quarter, six months, or one year. Bharatiya Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bharatiya Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bharatiya currently owns. An asset can also be divided into two categories, current and non-current.