Baytex Historical Balance Sheet

BTE Stock  CAD 3.97  0.01  0.25%   
Trend analysis of Baytex Energy Corp balance sheet accounts such as Short Long Term Debt Total of 2.6 B, Other Current Liabilities of 58.7 M or Total Current Liabilities of 585.9 M provides information on Baytex Energy's total assets, liabilities, and equity, which is the actual value of Baytex Energy Corp to its prevalent stockholders. By breaking down trends over time using Baytex Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Baytex Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Baytex Energy Corp is a good buy for the upcoming year.

Baytex Energy Inventory

7.34 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. 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.

About Baytex Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Baytex Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Baytex Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Baytex Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Baytex currently owns. An asset can also be divided into two categories, current and non-current.

Baytex Energy Balance Sheet Chart

At this time, Baytex Energy's Accounts Payable is very stable compared to the past year. As of the 2nd of December 2024, Non Current Assets Total is likely to grow to about 7.4 B, while Other Current Liabilities is likely to drop about 58.7 M.

Total Assets

Total assets refers to the total amount of Baytex Energy 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 Baytex Energy Corp 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 Liabilities

Total Current Liabilities is an item on Baytex Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Baytex Energy Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Baytex Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Baytex Energy Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Baytex Energy Corp. 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.
At this time, Baytex Energy's Accounts Payable is very stable compared to the past year. As of the 2nd of December 2024, Non Current Assets Total is likely to grow to about 7.4 B, while Other Current Liabilities is likely to drop about 58.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.4B937.2M2.4B2.6B
Total Assets4.8B5.1B7.5B7.8B

Baytex Energy balance sheet Correlations

0.91-0.030.790.951.00.480.91-0.550.851.00.360.680.690.92-0.170.940.790.730.020.440.50.26-0.2-0.560.85
0.91-0.130.660.760.920.31.0-0.670.750.920.350.520.630.98-0.230.980.610.570.110.350.440.21-0.22-0.520.89
-0.03-0.130.350.0-0.060.32-0.140.070.02-0.05-0.320.410.08-0.110.72-0.050.20.28-0.010.0-0.24-0.120.32-0.04-0.15
0.790.660.350.770.730.610.64-0.240.940.76-0.050.920.60.630.140.710.80.97-0.070.660.440.350.12-0.730.49
0.950.760.00.770.940.520.75-0.40.820.940.350.740.680.75-0.10.790.850.74-0.10.560.570.18-0.19-0.60.72
1.00.92-0.060.730.940.450.92-0.590.81.00.410.620.690.93-0.210.940.760.660.020.380.480.23-0.25-0.50.87
0.480.30.320.610.520.450.29-0.40.530.47-0.210.720.670.340.10.390.670.59-0.230.34-0.11-0.10.55-0.40.37
0.911.0-0.140.640.750.920.29-0.670.730.920.360.50.630.98-0.240.980.60.560.120.330.430.21-0.23-0.50.89
-0.55-0.670.07-0.24-0.4-0.59-0.4-0.67-0.27-0.58-0.29-0.21-0.8-0.690.32-0.65-0.52-0.060.270.04-0.070.320.050.21-0.81
0.850.750.020.940.820.80.530.73-0.270.830.050.820.580.72-0.110.780.770.93-0.040.680.530.460.01-0.730.57
1.00.92-0.050.760.941.00.470.92-0.580.830.390.660.70.93-0.190.940.780.70.010.420.490.24-0.22-0.540.87
0.360.35-0.32-0.050.350.41-0.210.36-0.290.050.39-0.090.260.38-0.110.340.05-0.08-0.32-0.050.44-0.01-0.660.090.32
0.680.520.410.920.740.620.720.5-0.210.820.66-0.090.650.460.30.550.80.9-0.220.730.40.040.24-0.770.37
0.690.630.080.60.680.690.670.63-0.80.580.70.260.650.61-0.140.630.850.45-0.570.430.31-0.290.13-0.60.72
0.920.98-0.110.630.750.930.340.98-0.690.720.930.380.460.61-0.270.990.580.560.150.20.330.29-0.23-0.390.9
-0.17-0.230.720.14-0.1-0.210.1-0.240.32-0.11-0.19-0.110.3-0.14-0.27-0.23-0.080.16-0.050.150.03-0.190.1-0.11-0.38
0.940.98-0.050.710.790.940.390.98-0.650.780.940.340.550.630.99-0.230.640.640.130.270.360.31-0.19-0.450.89
0.790.610.20.80.850.760.670.6-0.520.770.780.050.80.850.58-0.080.640.69-0.350.630.44-0.020.13-0.730.68
0.730.570.280.970.740.660.590.56-0.060.930.7-0.080.90.450.560.160.640.690.020.680.430.470.12-0.680.38
0.020.11-0.01-0.07-0.10.02-0.230.120.27-0.040.01-0.32-0.22-0.570.15-0.050.13-0.350.02-0.31-0.330.470.010.290.04
0.440.350.00.660.560.380.340.330.040.680.42-0.050.730.430.20.150.270.630.68-0.310.690.030.13-0.890.15
0.50.44-0.240.440.570.48-0.110.43-0.070.530.490.440.40.310.330.030.360.440.43-0.330.690.1-0.62-0.590.24
0.260.21-0.120.350.180.23-0.10.210.320.460.24-0.010.04-0.290.29-0.190.31-0.020.470.470.030.1-0.160.030.09
-0.2-0.220.320.12-0.19-0.250.55-0.230.050.01-0.22-0.660.240.13-0.230.1-0.190.130.120.010.13-0.62-0.16-0.18-0.12
-0.56-0.52-0.04-0.73-0.6-0.5-0.4-0.50.21-0.73-0.540.09-0.77-0.6-0.39-0.11-0.45-0.73-0.680.29-0.89-0.590.03-0.18-0.37
0.850.89-0.150.490.720.870.370.89-0.810.570.870.320.370.720.9-0.380.890.680.380.040.150.240.09-0.12-0.37
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Baytex Energy Account Relationship Matchups

Baytex Energy balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.9B3.4B4.8B5.1B7.5B7.8B
Short Long Term Debt Total1.8B1.8B1.4B937.2M2.4B2.6B
Other Current Liab20.2M38.6M145.1M57.7M67.3M58.7M
Total Current Liabilities233.5M198.9M338.7M288.5M558.0M585.9M
Total Stockholder Equity2.9B578.2M2.2B3.0B3.8B4.0B
Property Plant And Equipment Net5.7B3.3B4.7B4.8B6.7B7.0B
Current Deferred Revenue11.6M11.8M11.1M18.4M16.5M14.1M
Net Debt1.8B1.8B1.4B931.7M2.4B2.5B
Retained Earnings(3.3B)(5.8B)(4.2B)(3.3B)(3.6B)(3.4B)
Accounts Payable207.5M156.0M190.7M227.3M477.3M501.2M
Non Current Assets Total5.7B3.3B4.7B4.9B7.0B7.4B
Net Receivables173.8M107.5M173.4M200.9M339.4M356.4M
Common Stock Shares Outstanding557.0M560.7M571.6M563.8M704.9M740.1M
Liabilities And Stockholders Equity5.9B3.4B4.8B5.1B7.5B7.8B
Non Current Liabilities Total2.7B2.6B2.3B1.8B3.1B3.2B
Other Stockholder Equity17.7M14.3M13.6M89.9M193.1M366.1M
Total Liab3.0B2.8B2.6B2.1B3.6B3.8B
Property Plant And Equipment Gross5.7B3.3B11.8B12.2B15.7B16.4B
Total Current Assets184.8M112.5M182.1M244.1M440.0M462.0M
Accumulated Other Comprehensive Income556.2M619.0M632.1M756.2M690.9M725.5M
Short Term Debt5.8M4.3M2.9M3.5M13.4M12.7M
Cash And Short Term Investments5.6M(11.1M)(7.8M)5.5M55.8M58.6M
Other Current Assets5.4M5.1M8.7M37.7M44.8M44.9M
Other Liab891.7M842.2M900.1M851.2M978.9M839.3M
Net Tangible Assets2.9B578.2M2.2B3.0B3.5B2.3B
Long Term Debt1.8B1.8B1.4B930.6M2.4B1.7B
Common Stock5.7B5.7B5.7B5.5B6.5B4.8B
Property Plant Equipment5.7B3.3B4.7B4.8B5.5B4.8B
Common Stock Total Equity4.4B5.7B5.7B5.7B6.6B4.6B
Long Term Debt Total1.8B1.8B1.4B933.6M840.3M1.3B
Capital Surpluse17.7M14.3M13.6M89.9M103.4M108.5M

Pair Trading with Baytex Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baytex Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baytex Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Baytex Stock

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The ability to find closely correlated positions to Baytex Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baytex Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baytex Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baytex Energy Corp to buy it.
The correlation of Baytex Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baytex Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baytex Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baytex Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. 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.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.