BHP Total Assets from 2010 to 2024

BHP Stock  USD 58.12  0.13  0.22%   
BHP Group Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 68.1 B. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2000-06-30
Previous Quarter
101.3 B
Current Value
100 B
Quarterly Volatility
37.2 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BHP Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BHP main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 B, Interest Expense of 743.6 M or Selling General Administrative of 3.6 B, as well as many exotic indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0283 or PTB Ratio of 2.16. BHP financial statements analysis is a perfect complement when working with BHP Group Valuation or Volatility modules.
  
This module can also supplement BHP Group's financial leverage analysis and stock options assessment as well as various BHP Group Technical models . Check out the analysis of BHP Group Correlation against competitors.

Latest BHP Group's Total Assets Growth Pattern

Below is the plot of the Total Assets of BHP Group Limited over the last few years. Total assets refers to the total amount of BHP Group 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 BHP Group Limited 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. It is 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. BHP Group's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BHP Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 101.3 B10 Years Trend
Very volatile
   Total Assets   
       Timeline  

BHP Total Assets Regression Statistics

Arithmetic Mean106,629,194,613
Geometric Mean96,398,069,261
Coefficient Of Variation30.46
Mean Deviation20,944,219,798
Median111,993,000,000
Standard Deviation32,477,423,937
Sample Variance1054783065.6T
Range138.9B
R-Value(0.09)
Mean Square Error1126231708.6T
R-Squared0.01
Significance0.74
Slope(670,689,163)
Total Sum of Squares14766962918.3T

BHP Total Assets History

202468.1 B
2023116.5 B
2022101.3 B
202195.2 B
2020108.9 B
2019104.8 B
2018100.9 B

Other Fundumenentals of BHP Group Limited

BHP Group Total Assets component correlations

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0.980.721.00.730.930.50.080.780.850.840.7-0.16-0.550.960.08-0.270.240.160.250.170.270.290.320.230.19-0.22
0.690.720.750.410.62-0.130.160.930.530.830.84-0.36-0.590.780.38-0.490.510.420.530.480.690.440.60.33-0.02-0.44
0.981.00.750.710.920.470.070.810.840.850.73-0.17-0.550.960.13-0.310.270.190.30.210.310.310.360.260.2-0.24
0.710.730.410.710.720.370.330.490.830.360.610.25-0.110.760.09-0.440.210.320.210.29-0.16-0.12-0.06-0.16-0.160.18
0.980.930.620.920.720.610.260.580.870.740.6-0.24-0.410.94-0.15-0.070.0-0.04-0.01-0.050.070.090.08-0.040.030.01
0.570.5-0.130.470.370.610.08-0.080.530.22-0.12-0.08-0.070.38-0.470.38-0.47-0.44-0.42-0.5-0.44-0.17-0.31-0.130.410.27
0.160.080.160.070.330.260.080.010.24-0.050.13-0.480.240.3-0.460.1-0.22-0.18-0.39-0.21-0.47-0.7-0.63-0.75-0.660.6
0.70.780.930.810.490.58-0.080.010.520.840.86-0.22-0.60.780.48-0.630.590.550.660.60.680.480.660.50.14-0.49
0.860.850.530.840.830.870.530.240.520.580.53-0.04-0.390.86-0.02-0.160.090.040.070.04-0.030.060.02-0.06-0.010.0
0.820.840.830.850.360.740.22-0.050.840.580.72-0.36-0.790.830.11-0.170.230.090.270.150.620.50.560.50.26-0.52
0.660.70.840.730.610.6-0.120.130.860.530.72-0.08-0.360.780.31-0.540.360.440.510.50.520.210.490.24-0.13-0.21
-0.24-0.16-0.36-0.170.25-0.24-0.08-0.48-0.22-0.04-0.36-0.080.21-0.270.33-0.280.220.320.260.31-0.110.110.090.210.15-0.04
-0.49-0.55-0.59-0.55-0.11-0.41-0.070.24-0.6-0.39-0.79-0.360.21-0.5-0.270.12-0.4-0.09-0.31-0.13-0.64-0.73-0.6-0.62-0.340.82
0.960.960.780.960.760.940.380.30.780.860.830.78-0.27-0.50.0-0.250.20.120.170.130.220.140.210.06-0.05-0.11
-0.050.080.380.130.09-0.15-0.47-0.460.48-0.020.110.310.33-0.270.0-0.870.840.910.960.920.660.650.740.580.26-0.62
-0.15-0.27-0.49-0.31-0.44-0.070.380.1-0.63-0.16-0.17-0.54-0.280.12-0.25-0.87-0.79-0.98-0.9-0.98-0.47-0.34-0.53-0.35-0.020.33
0.110.240.510.270.210.0-0.47-0.220.590.090.230.360.22-0.40.20.84-0.790.810.850.820.590.620.650.450.04-0.62
0.040.160.420.190.32-0.04-0.44-0.180.550.040.090.440.32-0.090.120.91-0.980.810.920.990.50.390.560.380.06-0.37
0.120.250.530.30.21-0.01-0.42-0.390.660.070.270.510.26-0.310.170.96-0.90.850.920.950.720.640.810.620.28-0.61
0.040.170.480.210.29-0.05-0.5-0.210.60.040.150.50.31-0.130.130.92-0.980.820.990.950.570.440.630.440.08-0.42
0.190.270.690.31-0.160.07-0.44-0.470.68-0.030.620.52-0.11-0.640.220.66-0.470.590.50.720.570.820.950.780.34-0.83
0.20.290.440.31-0.120.09-0.17-0.70.480.060.50.210.11-0.730.140.65-0.340.620.390.640.440.820.890.820.55-0.95
0.220.320.60.36-0.060.08-0.31-0.630.660.020.560.490.09-0.60.210.74-0.530.650.560.810.630.950.890.860.51-0.86
0.110.230.330.26-0.16-0.04-0.13-0.750.5-0.060.50.240.21-0.620.060.58-0.350.450.380.620.440.780.820.860.74-0.83
0.130.19-0.020.2-0.160.030.41-0.660.14-0.010.26-0.130.15-0.34-0.050.26-0.020.040.060.280.080.340.550.510.74-0.48
-0.11-0.22-0.44-0.240.180.010.270.6-0.490.0-0.52-0.21-0.040.82-0.11-0.620.33-0.62-0.37-0.61-0.42-0.83-0.95-0.86-0.83-0.48
Click cells to compare fundamentals

About BHP Group Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include BHP Group income statement, its balance sheet, and the statement of cash flows. BHP Group investors use historical funamental indicators, such as BHP Group's Total Assets, to determine how well the company is positioned to perform in the future. Although BHP Group investors may use each financial statement separately, they are all related. The changes in BHP Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BHP Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on BHP Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BHP Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets116.5 B68.1 B
Intangibles To Total Assets 0.01  0.01 

Pair Trading with BHP Group

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 BHP Group 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 BHP Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with BHP Stock

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The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group 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 BHP Group - 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 BHP Group Limited to buy it.
The correlation of BHP Group 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 BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited 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 BHP Group 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 BHP Group Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BHP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bhp Group Limited Stock. Highlighted below are key reports to facilitate an investment decision about Bhp Group Limited Stock:
Check out the analysis of BHP Group Correlation against competitors.
Note that the BHP Group Limited information on this page should be used as a complementary analysis to other BHP Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running BHP Group's price analysis, check to measure BHP Group'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 BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.
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Is BHP Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BHP Group. If investors know BHP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BHP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Dividend Share
1.52
Earnings Share
2.92
Revenue Per Share
21.974
Quarterly Revenue Growth
0.057
The market value of BHP Group Limited is measured differently than its book value, which is the value of BHP that is recorded on the company's balance sheet. Investors also form their own opinion of BHP Group's value that differs from its market value or its book value, called intrinsic value, which is BHP Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BHP Group's market value can be influenced by many factors that don't directly affect BHP Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BHP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group'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.