Baker Net Debt vs Long Term Investments 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 Net Debt and its Long Term Investments 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.
Net Debt vs Long Term Investments
Net Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Steel Resources Net Debt account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Baker Steel's Net Debt and Long Term Investments is 0.18. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Investments 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 Net Debt and Long Term Investments 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 Debt of Baker Steel Resources are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., Baker Steel's Net Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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.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
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Baker Steel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baker Steel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.9M | 103.7M | 105.0M | 84.6M | 82.4M | 77.8M | |
Other Current Liab | (74.7K) | (75.4K) | (85.4K) | (208.7K) | (240.0K) | (252.0K) | |
Total Current Liabilities | 74.7K | 75.4K | 85.4K | (208.7K) | (187.9K) | (178.5K) | |
Total Stockholder Equity | 78.7M | 103.5M | 104.8M | 84.5M | 82.2M | 77.0M | |
Net Debt | (659.8K) | (424.1K) | (1.1M) | (254.1K) | (277.7K) | (291.6K) | |
Retained Earnings | 2.7M | 11.0M | 10.0M | 8.8M | 8.2M | 8.6M | |
Cash | 659.8K | 424.1K | 1.1M | 254.1K | 277.7K | 263.8K | |
Non Current Assets Total | 76.9M | 102.6M | 103.7M | 84.3M | 81.9M | 76.4M | |
Non Currrent Assets Other | (76.9M) | (102.6M) | (103.7M) | (84.3M) | (81.9M) | (86.0M) | |
Cash And Short Term Investments | 659.8K | 424.1K | 1.1M | 254.1K | 277.7K | 263.8K | |
Net Receivables | 1.3M | 703.8K | 271.6K | 75.8K | 220.6K | 289.3K | |
Liabilities And Stockholders Equity | 78.9M | 103.7M | 105.0M | 84.6M | 82.4M | 77.8M | |
Non Current Liabilities Total | 212.7K | 244.5K | 235.7K | 159.1K | 208.7K | 198.3K | |
Total Liab | 85.4K | 244.5K | 235.7K | 159.1K | 208.7K | 198.3K | |
Total Current Assets | 1.9M | 1.1M | 1.3M | 330.0K | 498.3K | 473.4K | |
Other Assets | 66.2M | 78.9M | 103.7M | 105.0M | 120.8M | 77.3M | |
Other Stockholder Equity | 2.7M | 27.4M | 28.7M | 8.4M | 6.0M | 6.3M | |
Other Current Assets | (1.9M) | (1.1M) | (1.3M) | (330.0K) | (498.3K) | (523.2K) | |
Long Term Investments | 76.9M | 102.6M | 103.7M | 84.3M | 81.9M | 86.8M |
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