Baker Long Term Investments vs Other Current Liab Analysis

BSRT Stock   58.00  0.50  0.87%   
Baker Steel financial indicator trend analysis is way more than just evaluating Baker Steel Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baker Steel Resources is a good investment. Please check the relationship between Baker Steel Long Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baker Steel Resources. 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.

Long Term Investments vs Other Current Liab

Long Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Steel Resources Long Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Baker Steel's Long Term Investments and Other Current Liab is 0.29. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Baker Steel Resources, assuming nothing else is changed. The correlation between historical values of Baker Steel's Long Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Baker Steel Resources are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Investments i.e., Baker Steel's Long Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Baker Steel balance sheet that represents investments Baker Steel Resources intends to hold for over a year. Baker Steel Resources long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Liab

Most indicators from Baker Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baker Steel Resources 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 Baker Steel Resources. 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 620.5 K in 2024

Baker Steel fundamental ratios Correlations

-0.270.161.0-0.090.830.240.091.0-0.990.090.350.140.230.280.220.20.140.270.95-0.070.75-0.40.17
-0.27-0.99-0.220.11-0.14-1.0-0.11-0.270.25-0.110.270.530.55-1.0-1.0-0.010.520.43-0.27-0.180.29-0.20.11
0.16-0.990.1-0.150.040.990.150.15-0.130.15-0.27-0.57-0.590.990.990.05-0.57-0.520.150.13-0.420.31-0.19
1.0-0.220.1-0.090.830.180.091.0-0.990.090.370.170.260.220.160.20.170.30.95-0.080.78-0.410.18
-0.090.11-0.15-0.09-0.01-0.12-1.0-0.050.03-1.0-0.05-0.07-0.12-0.11-0.11-0.94-0.070.310.020.870.18-0.320.24
0.83-0.140.040.83-0.010.110.010.82-0.840.010.320.080.130.140.090.110.090.050.80.080.64-0.520.31
0.24-1.00.990.18-0.120.110.120.23-0.210.12-0.27-0.54-0.571.01.00.02-0.54-0.460.230.16-0.330.24-0.15
0.09-0.110.150.09-1.00.010.120.05-0.031.00.050.070.120.110.110.940.07-0.31-0.02-0.87-0.180.32-0.24
1.0-0.270.151.0-0.050.820.230.05-0.990.050.340.140.230.270.210.160.140.290.96-0.030.77-0.410.18
-0.990.25-0.13-0.990.03-0.84-0.21-0.03-0.99-0.03-0.33-0.16-0.23-0.26-0.2-0.14-0.17-0.29-0.960.01-0.780.49-0.22
0.09-0.110.150.09-1.00.010.121.00.05-0.030.050.070.120.110.110.940.07-0.31-0.02-0.87-0.180.32-0.24
0.350.27-0.270.37-0.050.32-0.270.050.34-0.330.050.170.29-0.24-0.290.390.170.20.35-0.420.42-0.23-0.02
0.140.53-0.570.17-0.070.08-0.540.070.14-0.160.070.170.97-0.53-0.550.121.00.62-0.05-0.240.42-0.480.52
0.230.55-0.590.26-0.120.13-0.570.120.23-0.230.120.290.97-0.55-0.570.210.970.630.03-0.320.5-0.390.34
0.28-1.00.990.22-0.110.141.00.110.27-0.260.11-0.24-0.53-0.551.00.02-0.53-0.430.270.16-0.290.21-0.13
0.22-1.00.990.16-0.110.091.00.110.21-0.20.11-0.29-0.55-0.571.00.01-0.55-0.450.210.17-0.330.25-0.15
0.2-0.010.050.2-0.940.110.020.940.16-0.140.940.390.120.210.020.010.12-0.210.1-0.94-0.030.23-0.24
0.140.52-0.570.17-0.070.09-0.540.070.14-0.170.070.171.00.97-0.53-0.550.120.62-0.04-0.230.43-0.490.52
0.270.43-0.520.30.310.05-0.46-0.310.29-0.29-0.310.20.620.63-0.43-0.45-0.210.620.22-0.020.7-0.490.4
0.95-0.270.150.950.020.80.23-0.020.96-0.96-0.020.35-0.050.030.270.210.1-0.040.220.030.73-0.420.18
-0.07-0.180.13-0.080.870.080.16-0.87-0.030.01-0.87-0.42-0.24-0.320.160.17-0.94-0.23-0.020.03-0.03-0.190.22
0.750.29-0.420.780.180.64-0.33-0.180.77-0.78-0.180.420.420.5-0.29-0.33-0.030.430.70.73-0.03-0.630.3
-0.4-0.20.31-0.41-0.32-0.520.240.32-0.410.490.32-0.23-0.48-0.390.210.250.23-0.49-0.49-0.42-0.19-0.63-0.79
0.170.11-0.190.180.240.31-0.15-0.240.18-0.22-0.24-0.020.520.34-0.13-0.15-0.240.520.40.180.220.3-0.79
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Baker Steel Account Relationship Matchups

Baker Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.9M103.7M105.0M84.6M82.4M77.8M
Other Current Liab(74.7K)(75.4K)(85.4K)(208.7K)(240.0K)(252.0K)
Total Current Liabilities74.7K75.4K85.4K(208.7K)(187.9K)(178.5K)
Total Stockholder Equity78.7M103.5M104.8M84.5M82.2M77.0M
Net Debt(659.8K)(424.1K)(1.1M)(254.1K)(277.7K)(291.6K)
Retained Earnings2.7M11.0M10.0M8.8M8.2M8.6M
Cash659.8K424.1K1.1M254.1K277.7K263.8K
Non Current Assets Total76.9M102.6M103.7M84.3M81.9M76.4M
Non Currrent Assets Other(76.9M)(102.6M)(103.7M)(84.3M)(81.9M)(86.0M)
Cash And Short Term Investments659.8K424.1K1.1M254.1K277.7K263.8K
Net Receivables1.3M703.8K271.6K75.8K220.6K289.3K
Liabilities And Stockholders Equity78.9M103.7M105.0M84.6M82.4M77.8M
Non Current Liabilities Total212.7K244.5K235.7K159.1K208.7K198.3K
Total Liab85.4K244.5K235.7K159.1K208.7K198.3K
Total Current Assets1.9M1.1M1.3M330.0K498.3K473.4K
Other Assets66.2M78.9M103.7M105.0M120.8M77.3M
Other Stockholder Equity2.7M27.4M28.7M8.4M6.0M6.3M
Other Current Assets(1.9M)(1.1M)(1.3M)(330.0K)(498.3K)(523.2K)
Long Term Investments76.9M102.6M103.7M84.3M81.9M86.8M

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