Bisichi Total Assets vs Total Current Assets Analysis

BISI Stock   115.00  5.00  4.55%   
Bisichi Mining financial indicator trend analysis is way more than just evaluating Bisichi Mining PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bisichi Mining PLC is a good investment. Please check the relationship between Bisichi Mining Total Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bisichi Mining PLC. 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 Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bisichi Mining PLC Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bisichi Mining's Total Assets and Total Current Assets is 0.62. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Bisichi Mining PLC, assuming nothing else is changed. The correlation between historical values of Bisichi Mining's Total Assets and Total Current Assets 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 Assets of Bisichi Mining PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Bisichi Mining's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Bisichi Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bisichi Mining PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
Most indicators from Bisichi Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bisichi Mining PLC 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 Bisichi Mining PLC. 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 76.5 K in 2024. Tax Provision is likely to drop to about 285 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense799K728K1.5M1.5M
Depreciation And Amortization2.6M1.4M1.6M1.2M

Bisichi Mining fundamental ratios Correlations

0.520.90.980.35-0.120.980.860.50.970.310.510.810.630.450.260.120.130.960.80.620.520.820.490.77-0.71
0.520.480.410.280.120.390.380.460.38-0.090.480.63-0.110.70.370.55-0.010.660.180.760.390.630.690.5-0.79
0.90.480.870.12-0.090.860.90.360.90.440.370.70.640.29-0.060.210.320.890.80.480.770.70.370.67-0.57
0.980.410.870.32-0.21.00.830.460.980.410.470.740.690.340.210.080.150.90.850.530.470.740.360.75-0.6
0.350.280.120.320.230.330.010.30.27-0.380.320.560.190.470.07-0.02-0.710.38-0.040.430.060.560.620.12-0.55
-0.120.12-0.09-0.20.23-0.17-0.14-0.63-0.08-0.26-0.610.360.09-0.080.030.38-0.440.01-0.28-0.210.110.360.35-0.27-0.38
0.980.390.861.00.33-0.170.830.460.980.380.460.760.690.340.230.050.120.90.840.530.450.760.390.75-0.62
0.860.380.90.830.01-0.140.830.30.880.390.30.620.590.20.160.020.450.840.880.420.460.620.230.72-0.48
0.50.460.360.460.3-0.630.460.30.31-0.171.00.29-0.060.670.3-0.170.050.520.240.850.220.290.510.56-0.35
0.970.380.90.980.27-0.080.980.880.310.470.320.760.750.270.160.140.190.90.870.420.490.770.320.69-0.6
0.31-0.090.440.41-0.38-0.260.380.39-0.170.47-0.19-0.010.5-0.39-0.330.390.490.140.54-0.250.290.0-0.490.220.2
0.510.480.370.470.32-0.610.460.31.00.32-0.190.31-0.060.710.31-0.160.040.530.230.870.220.310.530.56-0.38
0.810.630.70.740.560.360.760.620.290.76-0.010.310.560.570.320.33-0.210.880.480.610.491.00.760.47-0.94
0.63-0.110.640.690.190.090.690.59-0.060.750.5-0.060.560.0-0.17-0.010.180.510.650.020.410.570.050.28-0.25
0.450.70.290.340.47-0.080.340.20.670.27-0.390.710.570.00.470.07-0.090.57-0.030.790.20.570.730.39-0.67
0.260.37-0.060.210.070.030.230.160.30.16-0.330.310.32-0.170.47-0.04-0.020.330.090.43-0.440.320.40.39-0.45
0.120.550.210.08-0.020.380.050.02-0.170.140.39-0.160.33-0.010.07-0.04-0.070.180.010.10.360.330.22-0.04-0.38
0.13-0.010.320.15-0.71-0.440.120.450.050.190.490.04-0.210.18-0.09-0.02-0.070.080.45-0.050.09-0.21-0.420.290.31
0.960.660.890.90.380.010.90.840.520.90.140.530.880.510.570.330.180.080.690.710.560.880.660.75-0.83
0.80.180.80.85-0.04-0.280.840.880.240.870.540.230.480.65-0.030.090.010.450.690.260.330.490.010.57-0.3
0.620.760.480.530.43-0.210.530.420.850.42-0.250.870.610.020.790.430.1-0.050.710.260.320.610.790.66-0.69
0.520.390.770.470.060.110.450.460.220.490.290.220.490.410.2-0.440.360.090.560.330.320.490.410.29-0.43
0.820.630.70.740.560.360.760.620.290.770.00.311.00.570.570.320.33-0.210.880.490.610.490.760.47-0.93
0.490.690.370.360.620.350.390.230.510.32-0.490.530.760.050.730.40.22-0.420.660.010.790.410.760.39-0.86
0.770.50.670.750.12-0.270.750.720.560.690.220.560.470.280.390.39-0.040.290.750.570.660.290.470.39-0.44
-0.71-0.79-0.57-0.6-0.55-0.38-0.62-0.48-0.35-0.60.2-0.38-0.94-0.25-0.67-0.45-0.380.31-0.83-0.3-0.69-0.43-0.93-0.86-0.44
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Bisichi Mining Account Relationship Matchups

Bisichi Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.7M38.7M38.1M63.8M59.8M62.8M
Other Current Liab3.5M3.4M3.3M4.5M2.6M2.4M
Total Current Liabilities13.2M16.2M14.1M21.3M24.2M25.5M
Total Stockholder Equity19.9M16.1M17.5M33.8M32.0M33.6M
Property Plant And Equipment Net9.5M10.2M9.1M16.4M18.9M10.3M
Net Debt1.8M5.8M4.0M(2.5M)4.6M3.0M
Retained Earnings20.0M16.5M18.0M33.9M32.6M34.2M
Accounts Payable3.9M7.2M7.2M8.5M8.7M9.1M
Cash7.7M3.8M3.0M10.6M3.2M2.3M
Non Current Assets Total22.9M23.6M24.5M40.6M45.3M47.6M
Non Currrent Assets Other(22.9M)(23.6M)(24.5M)1.011.1M11.7M
Cash And Short Term Investments8.8M4.6M3.7M11.5M4.0M3.0M
Short Term Investments1.1M833K685K886K734K641.7K
Liabilities And Stockholders Equity41.7M38.7M38.1M63.8M59.8M62.8M
Non Current Liabilities Total8.0M6.3M6.1M6.9M1.9M3.7M
Other Current Assets1.7M1.8M1.2M2.4M3.8M2.1M
Other Stockholder Equity(1.4M)(2.4M)258K344K232.2K220.6K
Total Liab21.2M22.5M20.3M28.2M26.2M27.5M
Property Plant And Equipment Gross9.5M10.2M30.7M39.2M40.5M42.5M
Total Current Assets18.8M15.0M13.6M23.1M14.5M7.4M
Short Term Debt5.1M5.2M2.7M3.8M7.5M7.9M
Short Long Term Debt Total9.5M9.6M7.0M8.1M7.9M5.8M
Inventory2.4M3.4M1.3M5.2M2.6M2.7M
Accumulated Other Comprehensive Income(1.4M)(1.8M)(1.8M)(1.4M)(1.9M)(2.0M)
Long Term Debt4.1M3.9M3.9M3.9M22K20.9K
Net Receivables5.9M5.2M7.4M4.1M4.2M4.6M
Property Plant Equipment21.8M21.3M20.6M19.8M22.7M20.8M
Current Deferred Revenue213K238K226K223K222K233.1K
Other Liab3.8M3.6M1.9M1.9M2.2M2.2M
Net Tangible Assets19.6M19.9M16.1M17.5M20.1M19.1M
Short Long Term Debt5.1M5.1M2.7M3.8M7.5M4.7M
Capital Lease Obligations262K508K454K398K373K345.5K
Net Invested Capital29.2M25.1M24.0M41.5M39.5M33.5M

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