Baker Other Current Assets vs Common Stock Shares Outstanding 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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baker Steel Resources Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Baker Steel's Other Current Assets and Common Stock Shares Outstanding is -0.32. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Baker Steel Resources are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Baker Steel's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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