Butn Non Current Assets Total vs Total Current Assets Analysis

BTN Stock   0.07  0.00  0.00%   
Butn financial indicator trend analysis is way more than just evaluating Butn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butn is a good investment. Please check the relationship between Butn Non Current Assets Total and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Butn. 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Butn Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Butn's Non Current Assets Total and Total Current Assets is 0.13. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Butn, assuming nothing else is changed. The correlation between historical values of Butn's Non Current Assets Total 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 Non Current Assets Total of Butn 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 Non Current Assets Total i.e., Butn's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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 Butn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butn 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 Butn. 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.
Issuance Of Capital Stock is likely to gain to about 7.5 M in 2024, whereas Tax Provision is likely to drop (602.70) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M6.7M8.1M4.3M
Depreciation And Amortization1.4M1.4M3.1M3.3M

Butn fundamental ratios Correlations

-0.140.54-0.360.12-0.04-0.29-0.71-0.29-0.15-0.110.0-0.29-0.1-0.14-0.040.16-0.02-0.67-0.61-0.78-0.740.060.150.020.1
-0.140.680.860.80.99-0.860.730.960.340.960.190.961.00.980.930.890.950.42-0.46-0.260.49-0.940.88-0.890.89
0.540.680.460.780.73-0.940.170.59-0.040.76-0.080.590.70.710.720.820.79-0.06-0.92-0.84-0.03-0.780.82-0.710.79
-0.360.860.460.870.8-0.730.790.80.040.81-0.120.80.810.90.910.790.860.59-0.290.040.63-0.910.83-0.940.86
0.120.80.780.870.78-0.930.490.67-0.150.79-0.250.670.770.870.920.90.890.3-0.65-0.380.31-0.940.94-0.970.95
-0.040.990.730.80.78-0.870.640.920.360.940.230.921.00.960.920.910.940.31-0.49-0.320.38-0.910.9-0.870.89
-0.29-0.86-0.94-0.73-0.93-0.87-0.42-0.750.0-0.880.09-0.75-0.86-0.89-0.9-0.94-0.94-0.160.80.62-0.20.94-0.950.9-0.94
-0.710.730.170.790.490.64-0.420.830.190.75-0.020.830.690.730.640.440.640.87-0.010.180.93-0.70.44-0.590.48
-0.290.960.590.80.670.92-0.750.830.440.970.271.00.960.90.820.730.850.58-0.4-0.220.65-0.880.72-0.770.74
-0.150.34-0.040.04-0.150.360.00.190.440.260.980.440.380.130.040.010.040.130.060.080.14-0.050.0-0.030.01
-0.110.960.760.810.790.94-0.880.750.970.260.10.970.960.940.880.830.930.49-0.6-0.410.56-0.950.82-0.840.83
0.00.19-0.08-0.12-0.250.230.09-0.020.270.980.10.270.24-0.03-0.09-0.09-0.1-0.040.070.04-0.040.1-0.090.09-0.09
-0.290.960.590.80.670.92-0.750.831.00.440.970.270.960.90.820.730.850.58-0.4-0.220.65-0.880.72-0.770.74
-0.11.00.70.810.771.0-0.860.690.960.380.960.240.960.960.910.880.930.38-0.47-0.30.45-0.910.87-0.860.87
-0.140.980.710.90.870.96-0.890.730.90.130.94-0.030.90.960.980.930.980.43-0.46-0.260.5-0.970.92-0.930.93
-0.040.930.720.910.920.92-0.90.640.820.040.88-0.090.820.910.980.950.960.39-0.47-0.280.43-0.960.95-0.960.95
0.160.890.820.790.90.91-0.940.440.730.010.83-0.090.730.880.930.950.970.09-0.58-0.40.16-0.910.99-0.910.98
-0.020.950.790.860.890.94-0.940.640.850.040.93-0.10.850.930.980.960.970.3-0.56-0.360.38-0.970.96-0.930.96
-0.670.42-0.060.590.30.31-0.160.870.580.130.49-0.040.580.380.430.390.090.30.110.220.98-0.450.12-0.370.16
-0.61-0.46-0.92-0.29-0.65-0.490.8-0.01-0.40.06-0.60.07-0.4-0.47-0.46-0.47-0.58-0.560.110.870.110.61-0.610.55-0.6
-0.78-0.26-0.840.04-0.38-0.320.620.18-0.220.08-0.410.04-0.22-0.3-0.26-0.28-0.4-0.360.220.870.240.36-0.380.25-0.33
-0.740.49-0.030.630.310.38-0.20.930.650.140.56-0.040.650.450.50.430.160.380.980.110.24-0.490.17-0.390.21
0.06-0.94-0.78-0.91-0.94-0.910.94-0.7-0.88-0.05-0.950.1-0.88-0.91-0.97-0.96-0.91-0.97-0.450.610.36-0.49-0.930.96-0.94
0.150.880.820.830.940.9-0.950.440.720.00.82-0.090.720.870.920.950.990.960.12-0.61-0.380.17-0.93-0.951.0
0.02-0.89-0.71-0.94-0.97-0.870.9-0.59-0.77-0.03-0.840.09-0.77-0.86-0.93-0.96-0.91-0.93-0.370.550.25-0.390.96-0.95-0.97
0.10.890.790.860.950.89-0.940.480.740.010.83-0.090.740.870.930.950.980.960.16-0.6-0.330.21-0.941.0-0.97
Click cells to compare fundamentals

Butn Account Relationship Matchups

Butn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.4M53.3M77.8M99.0M91.3M66.9M
Total Current Liabilities252.4K10.8M3.3M24.9M71.9M75.5M
Total Stockholder Equity(907.0K)3.6M18.0M15.6M8.1M8.2M
Net Tangible Assets(4.1M)(1.5M)13.1M11.9M13.7M14.4M
Net Debt31.9M31.2M40.6M64.8M66.4M43.1M
Retained Earnings(358.9K)(5.6M)(14.3M)(20.8M)(33.1M)(31.5M)
Accounts Payable55.8K709.4K798.1K479.3K170.6K162.1K
Cash9.9M15.5M15.8M14.7M13.4M12.7M
Non Current Assets Total33.5M7.1M6.6M5.1M2.4M2.3M
Other Assets30.3M2.0M1.7M1.4M1.2M1.2M
Long Term Debt41.8M38.8M56.3M58.4M11.2M10.6M
Cash And Short Term Investments9.9M15.5M15.8M14.7M13.4M12.7M
Net Receivables29.0M29.8M55.2M79.1M75.3M49.2M
Long Term Debt Total41.8M38.8M56.3M58.4M67.1M43.0M
Liabilities And Stockholders Equity43.4M53.3M77.8M99.0M91.3M66.9M
Other Current Assets87.2K855.0K233.4K49.7K155.4K253.1K
Total Liab44.3M49.7M59.8M83.3M83.2M58.7M
Total Current Assets9.9M46.2M71.2M93.9M88.8M56.8M
Short Term Debt909.3K7.9M5.6K21.1M68.5M72.0M
Intangible Assets3.2M5.7M5.1M3.7M1.1M1.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Butn Stock Analysis

When running Butn's price analysis, check to measure Butn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Butn is operating at the current time. Most of Butn's value examination focuses on studying past and present price action to predict the probability of Butn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butn's price. Additionally, you may evaluate how the addition of Butn to your portfolios can decrease your overall portfolio volatility.