BHMU Net Tangible Assets vs Cash Analysis

BHMU Stock   4.10  0.06  1.44%   
BH Macro financial indicator trend analysis is way more than just evaluating BH Macro Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BH Macro Limited is a good investment. Please check the relationship between BH Macro Net Tangible Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BH Macro Limited. 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 Cash

Net Tangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BH Macro Limited Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between BH Macro's Net Tangible Assets and Cash is 0.39. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of BH Macro Limited, assuming nothing else is changed. The correlation between historical values of BH Macro's Net Tangible Assets 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 Net Tangible Assets of BH Macro Limited 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 Net Tangible Assets i.e., BH Macro's Net Tangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Cash

Cash refers to the most liquid asset of BH Macro Limited, which is listed under current asset account on BH Macro Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BH Macro customers. The amounts must be unrestricted with restricted cash listed in a different BH Macro 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 BH Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BH Macro Limited 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 BH Macro Limited. 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 51.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 218 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income4.8M14.3M100.8M105.8M
Net Interest Income4.8M14.3M100.8M105.8M

BH Macro fundamental ratios Correlations

0.120.250.740.230.41-0.220.75-0.57-0.220.350.470.5-0.090.040.460.020.730.280.61-0.080.650.23
0.120.980.070.07-0.34-0.070.08-0.14-0.07-0.110.52-0.230.710.740.040.070.03-0.280.150.10.150.51
0.250.980.210.07-0.2-0.070.21-0.25-0.07-0.030.59-0.170.690.710.040.020.18-0.160.290.090.280.5
0.740.070.21-0.320.650.331.0-0.810.330.730.390.430.19-0.1-0.26-0.010.960.610.93-0.050.950.17
0.230.070.07-0.32-0.17-0.99-0.290.16-0.99-0.580.18-0.09-0.430.020.72-0.08-0.23-0.07-0.360.46-0.39-0.12
0.41-0.34-0.20.65-0.170.20.65-0.390.20.56-0.030.5-0.27-0.41-0.27-0.190.760.910.76-0.140.6-0.5
-0.22-0.07-0.070.33-0.990.20.3-0.121.00.59-0.180.10.43-0.03-0.730.090.250.10.39-0.470.40.06
0.750.080.211.0-0.290.650.3-0.820.30.720.390.430.17-0.11-0.25-0.010.960.620.93-0.030.950.17
-0.57-0.14-0.25-0.810.16-0.39-0.12-0.82-0.12-0.37-0.52-0.07-0.160.130.250.0-0.77-0.49-0.69-0.33-0.81-0.46
-0.22-0.07-0.070.33-0.990.21.00.3-0.120.59-0.180.10.43-0.03-0.730.090.250.10.39-0.470.40.06
0.35-0.11-0.030.73-0.580.560.590.72-0.370.59-0.180.640.17-0.11-0.46-0.160.610.50.65-0.330.6-0.16
0.470.520.590.390.18-0.03-0.180.39-0.52-0.18-0.18-0.490.320.30.150.110.44-0.030.410.210.520.58
0.5-0.23-0.170.43-0.090.50.10.43-0.070.10.64-0.49-0.23-0.150.16-0.110.350.370.33-0.330.22-0.36
-0.090.710.690.19-0.43-0.270.430.17-0.160.430.170.32-0.230.78-0.4-0.070.1-0.280.25-0.140.30.43
0.040.740.71-0.10.02-0.41-0.03-0.110.13-0.03-0.110.3-0.150.780.17-0.25-0.16-0.5-0.06-0.3-0.020.34
0.460.040.04-0.260.72-0.27-0.73-0.250.25-0.73-0.460.150.16-0.40.170.04-0.23-0.4-0.36-0.07-0.320.11
0.020.070.02-0.01-0.08-0.190.09-0.010.00.09-0.160.11-0.11-0.07-0.250.04-0.04-0.150.040.010.00.35
0.730.030.180.96-0.230.760.250.96-0.770.250.610.440.350.1-0.16-0.23-0.040.690.96-0.030.960.08
0.28-0.28-0.160.61-0.070.910.10.62-0.490.10.5-0.030.37-0.28-0.5-0.4-0.150.690.690.180.52-0.49
0.610.150.290.93-0.360.760.390.93-0.690.390.650.410.330.25-0.06-0.360.040.960.69-0.130.940.05
-0.080.10.09-0.050.46-0.14-0.47-0.03-0.33-0.47-0.330.21-0.33-0.14-0.3-0.070.01-0.030.18-0.13-0.070.14
0.650.150.280.95-0.390.60.40.95-0.810.40.60.520.220.3-0.02-0.320.00.960.520.94-0.070.3
0.230.510.50.17-0.12-0.50.060.17-0.460.06-0.160.58-0.360.430.340.110.350.08-0.490.050.140.3
Click cells to compare fundamentals

BH Macro Account Relationship Matchups

BH Macro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets570.8M802.2M1.3B1.7B2.1B1.1B
Other Current Liab(394K)(422K)9.8M66.7M3.0M3.3M
Total Current Liabilities394K422K9.8M66.7M7.3M7.6M
Total Stockholder Equity559.8M761.2M1.3B1.6B2.1B1.2B
Net Debt(694K)(961K)(16.4M)(7.9M)(19.7M)(18.7M)
Accounts Payable197K203K394K422K379.8K360.8K
Cash694K961K16.4M7.9M19.7M12.7M
Non Current Assets Total558.6M758.6M1.3B1.6B2.0B1.2B
Non Currrent Assets Other(558.6M)(758.6M)(1.3B)(1.6B)(2.0B)(2.1B)
Cash And Short Term Investments694K961K16.4M7.9M19.7M12.7M
Common Stock Shares Outstanding167.5M171.0M207.8M286.2M353.1M249.8M
Liabilities And Stockholders Equity570.8M802.2M1.3B1.7B2.1B1.1B
Other Stockholder Equity559.8M761.2M1.3B2.1B1.9B1.1B
Total Liab394K422K9.8M66.7M4.5M4.3M
Total Current Assets12.1M43.6M18.8M78.3M40.4M22.7M
Other Assets46K36K294K43K47K49.4K
Other Current Assets92.0K72K2.0M43K47K44.7K
Common Stock559.8M761.2M1.3B1.6B2.1B1.1B
Net Tangible Assets559.8M761.2M1.3B1.6B1.5B830.9M
Long Term Investments558.6M758.6M1.3B1.6B2.0B1.2B

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When running BH Macro's price analysis, check to measure BH Macro'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 BH Macro is operating at the current time. Most of BH Macro's value examination focuses on studying past and present price action to predict the probability of BH Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BH Macro's price. Additionally, you may evaluate how the addition of BH Macro to your portfolios can decrease your overall portfolio volatility.