Butn Total Assets vs Cash And Short Term Investments 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 Total Assets and its Cash And Short Term Investments 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.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Butn Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Butn's Total Assets and Cash And Short Term Investments is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Butn, assuming nothing else is changed. The correlation between historical values of Butn's Total Assets and Cash And Short 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 Total Assets of Butn are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Butn's Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Butn 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 Butn 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Butn balance sheet. This account contains Butn investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Butn fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Expense	3.7M	6.7M	8.1M	4.3M
Depreciation And Amortization	1.4M	1.4M	3.1M	3.3M

Interest Expense Depreciation And Amortization

Butn fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Property Plant And Equipment Net	Non Current Liabilities Total	Other Stockholder Equity	Deferred Long Term Liab	Current Deferred Revenue	Inventory	Net Invested Capital
Common Stock Shares Outstanding		-0.14	0.54	-0.36	0.12	-0.04	-0.29	-0.71	-0.29	-0.15	-0.11	0.0	-0.29	-0.1	-0.14	-0.04	0.16	-0.02	-0.67	-0.61	-0.78	-0.74	0.06	0.15	0.02	0.1
Total Assets	-0.14		0.68	0.86	0.8	0.99	-0.86	0.73	0.96	0.34	0.96	0.19	0.96	1.0	0.98	0.93	0.89	0.95	0.42	-0.46	-0.26	0.49	-0.94	0.88	-0.89	0.89
Total Current Liabilities	0.54	0.68		0.46	0.78	0.73	-0.94	0.17	0.59	-0.04	0.76	-0.08	0.59	0.7	0.71	0.72	0.82	0.79	-0.06	-0.92	-0.84	-0.03	-0.78	0.82	-0.71	0.79
Total Stockholder Equity	-0.36	0.86	0.46		0.87	0.8	-0.73	0.79	0.8	0.04	0.81	-0.12	0.8	0.81	0.9	0.91	0.79	0.86	0.59	-0.29	0.04	0.63	-0.91	0.83	-0.94	0.86
Net Tangible Assets	0.12	0.8	0.78	0.87		0.78	-0.93	0.49	0.67	-0.15	0.79	-0.25	0.67	0.77	0.87	0.92	0.9	0.89	0.3	-0.65	-0.38	0.31	-0.94	0.94	-0.97	0.95
Net Debt	-0.04	0.99	0.73	0.8	0.78		-0.87	0.64	0.92	0.36	0.94	0.23	0.92	1.0	0.96	0.92	0.91	0.94	0.31	-0.49	-0.32	0.38	-0.91	0.9	-0.87	0.89
Retained Earnings	-0.29	-0.86	-0.94	-0.73	-0.93	-0.87		-0.42	-0.75	0.0	-0.88	0.09	-0.75	-0.86	-0.89	-0.9	-0.94	-0.94	-0.16	0.8	0.62	-0.2	0.94	-0.95	0.9	-0.94
Accounts Payable	-0.71	0.73	0.17	0.79	0.49	0.64	-0.42		0.83	0.19	0.75	-0.02	0.83	0.69	0.73	0.64	0.44	0.64	0.87	-0.01	0.18	0.93	-0.7	0.44	-0.59	0.48
Cash	-0.29	0.96	0.59	0.8	0.67	0.92	-0.75	0.83		0.44	0.97	0.27	1.0	0.96	0.9	0.82	0.73	0.85	0.58	-0.4	-0.22	0.65	-0.88	0.72	-0.77	0.74
Non Current Assets Total	-0.15	0.34	-0.04	0.04	-0.15	0.36	0.0	0.19	0.44		0.26	0.98	0.44	0.38	0.13	0.04	0.01	0.04	0.13	0.06	0.08	0.14	-0.05	0.0	-0.03	0.01
Non Currrent Assets Other	-0.11	0.96	0.76	0.81	0.79	0.94	-0.88	0.75	0.97	0.26		0.1	0.97	0.96	0.94	0.88	0.83	0.93	0.49	-0.6	-0.41	0.56	-0.95	0.82	-0.84	0.83
Other Assets	0.0	0.19	-0.08	-0.12	-0.25	0.23	0.09	-0.02	0.27	0.98	0.1		0.27	0.24	-0.03	-0.09	-0.09	-0.1	-0.04	0.07	0.04	-0.04	0.1	-0.09	0.09	-0.09
Cash And Short Term Investments	-0.29	0.96	0.59	0.8	0.67	0.92	-0.75	0.83	1.0	0.44	0.97	0.27		0.96	0.9	0.82	0.73	0.85	0.58	-0.4	-0.22	0.65	-0.88	0.72	-0.77	0.74
Total Liab	-0.1	1.0	0.7	0.81	0.77	1.0	-0.86	0.69	0.96	0.38	0.96	0.24	0.96		0.96	0.91	0.88	0.93	0.38	-0.47	-0.3	0.45	-0.91	0.87	-0.86	0.87
Total Current Assets	-0.14	0.98	0.71	0.9	0.87	0.96	-0.89	0.73	0.9	0.13	0.94	-0.03	0.9	0.96		0.98	0.93	0.98	0.43	-0.46	-0.26	0.5	-0.97	0.92	-0.93	0.93
Common Stock	-0.04	0.93	0.72	0.91	0.92	0.92	-0.9	0.64	0.82	0.04	0.88	-0.09	0.82	0.91	0.98		0.95	0.96	0.39	-0.47	-0.28	0.43	-0.96	0.95	-0.96	0.95
Short Long Term Debt Total	0.16	0.89	0.82	0.79	0.9	0.91	-0.94	0.44	0.73	0.01	0.83	-0.09	0.73	0.88	0.93	0.95		0.97	0.09	-0.58	-0.4	0.16	-0.91	0.99	-0.91	0.98
Other Current Liab	-0.02	0.95	0.79	0.86	0.89	0.94	-0.94	0.64	0.85	0.04	0.93	-0.1	0.85	0.93	0.98	0.96	0.97		0.3	-0.56	-0.36	0.38	-0.97	0.96	-0.93	0.96
Other Liab	-0.67	0.42	-0.06	0.59	0.3	0.31	-0.16	0.87	0.58	0.13	0.49	-0.04	0.58	0.38	0.43	0.39	0.09	0.3		0.11	0.22	0.98	-0.45	0.12	-0.37	0.16
Property Plant And Equipment Net	-0.61	-0.46	-0.92	-0.29	-0.65	-0.49	0.8	-0.01	-0.4	0.06	-0.6	0.07	-0.4	-0.47	-0.46	-0.47	-0.58	-0.56	0.11		0.87	0.11	0.61	-0.61	0.55	-0.6
Non Current Liabilities Total	-0.78	-0.26	-0.84	0.04	-0.38	-0.32	0.62	0.18	-0.22	0.08	-0.41	0.04	-0.22	-0.3	-0.26	-0.28	-0.4	-0.36	0.22	0.87		0.24	0.36	-0.38	0.25	-0.33
Other Stockholder Equity	-0.74	0.49	-0.03	0.63	0.31	0.38	-0.2	0.93	0.65	0.14	0.56	-0.04	0.65	0.45	0.5	0.43	0.16	0.38	0.98	0.11	0.24		-0.49	0.17	-0.39	0.21
Deferred Long Term Liab	0.06	-0.94	-0.78	-0.91	-0.94	-0.91	0.94	-0.7	-0.88	-0.05	-0.95	0.1	-0.88	-0.91	-0.97	-0.96	-0.91	-0.97	-0.45	0.61	0.36	-0.49		-0.93	0.96	-0.94
Current Deferred Revenue	0.15	0.88	0.82	0.83	0.94	0.9	-0.95	0.44	0.72	0.0	0.82	-0.09	0.72	0.87	0.92	0.95	0.99	0.96	0.12	-0.61	-0.38	0.17	-0.93		-0.95	1.0
Inventory	0.02	-0.89	-0.71	-0.94	-0.97	-0.87	0.9	-0.59	-0.77	-0.03	-0.84	0.09	-0.77	-0.86	-0.93	-0.96	-0.91	-0.93	-0.37	0.55	0.25	-0.39	0.96	-0.95		-0.97
Net Invested Capital	0.1	0.89	0.79	0.86	0.95	0.89	-0.94	0.48	0.74	0.01	0.83	-0.09	0.74	0.87	0.93	0.95	0.98	0.96	0.16	-0.6	-0.33	0.21	-0.94	1.0	-0.97

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Butn Account Relationship Matchups

Butn fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.4M	53.3M	77.8M	99.0M	91.3M	66.9M
Total Current Liabilities	252.4K	10.8M	3.3M	24.9M	71.9M	75.5M
Total Stockholder Equity	(907.0K)	3.6M	18.0M	15.6M	8.1M	8.2M
Net Tangible Assets	(4.1M)	(1.5M)	13.1M	11.9M	13.7M	14.4M
Net Debt	31.9M	31.2M	40.6M	64.8M	66.4M	43.1M
Retained Earnings	(358.9K)	(5.6M)	(14.3M)	(20.8M)	(33.1M)	(31.5M)
Accounts Payable	55.8K	709.4K	798.1K	479.3K	170.6K	162.1K
Cash	9.9M	15.5M	15.8M	14.7M	13.4M	12.7M
Non Current Assets Total	33.5M	7.1M	6.6M	5.1M	2.4M	2.3M
Other Assets	30.3M	2.0M	1.7M	1.4M	1.2M	1.2M
Long Term Debt	41.8M	38.8M	56.3M	58.4M	11.2M	10.6M
Cash And Short Term Investments	9.9M	15.5M	15.8M	14.7M	13.4M	12.7M
Net Receivables	29.0M	29.8M	55.2M	79.1M	75.3M	49.2M
Long Term Debt Total	41.8M	38.8M	56.3M	58.4M	67.1M	43.0M
Liabilities And Stockholders Equity	43.4M	53.3M	77.8M	99.0M	91.3M	66.9M
Other Current Assets	87.2K	855.0K	233.4K	49.7K	155.4K	253.1K
Total Liab	44.3M	49.7M	59.8M	83.3M	83.2M	58.7M
Total Current Assets	9.9M	46.2M	71.2M	93.9M	88.8M	56.8M
Short Term Debt	909.3K	7.9M	5.6K	21.1M	68.5M	72.0M
Intangible Assets	3.2M	5.7M	5.1M	3.7M	1.1M	1.0M

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