Butn Total Assets vs Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total

Total Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Butn Total Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Butn's Total Assets and Non Current Assets Total is 0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Assets i.e., Butn's Total Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

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.
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
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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

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