Belmont Long Term Investments vs Net Debt Analysis

BEA Stock

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Belmont Resources financial indicator trend analysis is way more than just evaluating Belmont Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belmont Resources is a good investment. Please check the relationship between Belmont Resources Long Term Investments and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belmont Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Long Term Investments vs Net Debt

Long Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belmont Resources Long Term Investments account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Belmont Resources' Long Term Investments and Net Debt is 0.1. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Belmont Resources, assuming nothing else is changed. The correlation between historical values of Belmont Resources' Long Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Belmont Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Investments i.e., Belmont Resources' Long Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Belmont Resources balance sheet that represents investments Belmont Resources intends to hold for over a year. Belmont Resources long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Belmont Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belmont Resources 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 Belmont Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Issuance Of Capital Stock is likely to climb to about 702 K in 2024, whereas Selling General Administrative is likely to drop slightly above 459.4 K in 2024.

Belmont Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Non Currrent Assets Other	Short Term Investments	Short Long Term Debt Total	Short Term Debt	Inventory	Net Tangible Assets	Other Assets	Long Term Investments	Common Stock
Total Assets		0.07	0.99	0.98	-0.76	0.5	0.1	0.77	0.99	0.74	0.18	0.25	0.83	-0.28	0.01	0.74	0.79	0.84	0.85	-0.55	-0.55	0.72	0.48	0.29	0.14	0.23
Total Current Liabilities	0.07		-0.04	0.06	0.21	-0.69	0.65	-0.19	0.09	-0.05	-0.07	0.58	0.2	-0.83	0.98	-0.06	0.51	-0.29	-0.27	0.31	0.31	-0.34	0.44	0.3	0.83	0.79
Total Stockholder Equity	0.99	-0.04		0.98	-0.79	0.57	0.03	0.79	0.98	0.75	0.19	0.2	0.81	-0.19	-0.1	0.75	0.74	0.87	0.88	-0.56	-0.56	0.74	0.44	0.27	0.06	0.16
Property Plant And Equipment Net	0.98	0.06	0.98		-0.68	0.5	0.13	0.7	0.98	0.65	0.1	0.3	0.83	-0.29	0.01	0.64	0.83	0.85	0.86	-0.54	-0.54	0.7	0.49	0.24	0.17	0.24
Net Debt	-0.76	0.21	-0.79	-0.68		-0.48	0.27	-0.99	-0.69	-0.96	-0.49	-0.08	-0.56	0.0	0.28	-0.97	-0.42	-0.6	-0.62	0.38	0.38	-0.54	-0.41	-0.26	0.1	-0.01
Retained Earnings	0.5	-0.69	0.57	0.5	-0.48		-0.24	0.49	0.52	0.35	0.0	-0.56	0.29	0.58	-0.69	0.34	0.09	0.83	0.82	-0.77	-0.77	0.84	-0.37	-0.22	-0.7	-0.63
Accounts Payable	0.1	0.65	0.03	0.13	0.27	-0.24		-0.19	0.16	-0.26	-0.13	0.04	-0.04	-0.64	0.65	-0.26	0.4	0.07	0.06	-0.18	-0.18	0.1	-0.03	0.38	0.57	0.26
Cash	0.77	-0.19	0.79	0.7	-0.99	0.49	-0.19		0.69	0.96	0.47	0.05	0.56	-0.01	-0.24	0.96	0.45	0.62	0.64	-0.44	-0.44	0.58	0.38	0.24	-0.09	-0.03
Non Current Assets Total	0.99	0.09	0.98	0.98	-0.69	0.52	0.16	0.69		0.66	0.14	0.2	0.81	-0.27	0.03	0.66	0.79	0.86	0.87	-0.58	-0.58	0.75	0.41	0.28	0.13	0.22
Cash And Short Term Investments	0.74	-0.05	0.75	0.65	-0.96	0.35	-0.26	0.96	0.66		0.41	0.18	0.66	-0.08	-0.12	1.0	0.47	0.5	0.53	-0.31	-0.31	0.45	0.48	0.2	-0.01	0.11
Net Receivables	0.18	-0.07	0.19	0.1	-0.49	0.0	-0.13	0.47	0.14	0.41		-0.02	-0.09	0.0	-0.12	0.44	-0.04	0.03	0.01	0.01	0.01	0.07	0.24	0.37	-0.02	0.01
Common Stock Shares Outstanding	0.25	0.58	0.2	0.3	-0.08	-0.56	0.04	0.05	0.2	0.18	-0.02		0.43	-0.67	0.55	0.17	0.54	-0.2	-0.17	0.51	0.51	-0.44	0.89	0.21	0.75	0.89
Other Current Assets	0.83	0.2	0.81	0.83	-0.56	0.29	-0.04	0.56	0.81	0.66	-0.09	0.43		-0.28	0.16	0.64	0.82	0.64	0.68	-0.36	-0.36	0.51	0.51	-0.01	0.19	0.33
Other Stockholder Equity	-0.28	-0.83	-0.19	-0.29	0.0	0.58	-0.64	-0.01	-0.27	-0.08	0.0	-0.67	-0.28		-0.8	-0.09	-0.6	0.1	0.11	-0.17	-0.17	0.23	-0.66	-0.47	-0.98	-0.8
Total Liab	0.01	0.98	-0.1	0.01	0.28	-0.69	0.65	-0.24	0.03	-0.12	-0.12	0.55	0.16	-0.8		-0.12	0.49	-0.31	-0.28	0.28	0.28	-0.35	0.38	0.19	0.82	0.75
Total Current Assets	0.74	-0.06	0.75	0.64	-0.97	0.34	-0.26	0.96	0.66	1.0	0.44	0.17	0.64	-0.09	-0.12		0.46	0.5	0.53	-0.3	-0.3	0.45	0.48	0.24	0.0	0.11
Other Current Liab	0.79	0.51	0.74	0.83	-0.42	0.09	0.4	0.45	0.79	0.47	-0.04	0.54	0.82	-0.6	0.49	0.46		0.59	0.61	-0.34	-0.34	0.42	0.54	0.17	0.52	0.53
Non Currrent Assets Other	0.84	-0.29	0.87	0.85	-0.6	0.83	0.07	0.62	0.86	0.5	0.03	-0.2	0.64	0.1	-0.31	0.5	0.59		0.99	-0.82	-0.82	0.94	-0.02	0.04	-0.26	-0.23
Short Term Investments	0.85	-0.27	0.88	0.86	-0.62	0.82	0.06	0.64	0.87	0.53	0.01	-0.17	0.68	0.11	-0.28	0.53	0.61	0.99		-0.81	-0.81	0.94	0.0	0.0	-0.26	-0.21
Short Long Term Debt Total	-0.55	0.31	-0.56	-0.54	0.38	-0.77	-0.18	-0.44	-0.58	-0.31	0.01	0.51	-0.36	-0.17	0.28	-0.3	-0.34	-0.82	-0.81		1.0	-0.9	0.38	0.26	0.34	0.51
Short Term Debt	-0.55	0.31	-0.56	-0.54	0.38	-0.77	-0.18	-0.44	-0.58	-0.31	0.01	0.51	-0.36	-0.17	0.28	-0.3	-0.34	-0.82	-0.81	1.0		-0.9	0.38	0.26	0.34	0.51
Inventory	0.72	-0.34	0.74	0.7	-0.54	0.84	0.1	0.58	0.75	0.45	0.07	-0.44	0.51	0.23	-0.35	0.45	0.42	0.94	0.94	-0.9	-0.9		-0.25	-0.02	-0.41	-0.44
Net Tangible Assets	0.48	0.44	0.44	0.49	-0.41	-0.37	-0.03	0.38	0.41	0.48	0.24	0.89	0.51	-0.66	0.38	0.48	0.54	-0.02	0.0	0.38	0.38	-0.25		0.46	0.69	0.8
Other Assets	0.29	0.3	0.27	0.24	-0.26	-0.22	0.38	0.24	0.28	0.2	0.37	0.21	-0.01	-0.47	0.19	0.24	0.17	0.04	0.0	0.26	0.26	-0.02	0.46		0.44	0.37
Long Term Investments	0.14	0.83	0.06	0.17	0.1	-0.7	0.57	-0.09	0.13	-0.01	-0.02	0.75	0.19	-0.98	0.82	0.0	0.52	-0.26	-0.26	0.34	0.34	-0.41	0.69	0.44		0.85
Common Stock	0.23	0.79	0.16	0.24	-0.01	-0.63	0.26	-0.03	0.22	0.11	0.01	0.89	0.33	-0.8	0.75	0.11	0.53	-0.23	-0.21	0.51	0.51	-0.44	0.8	0.37	0.85

Click cells to compare fundamentals

Belmont Resources Account Relationship Matchups

Belmont Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4M	2.2M	2.7M	2.7M	2.4M	1.8M
Total Current Liabilities	491.8K	341.9K	447.6K	346.4K	398.4K	205.8K
Total Stockholder Equity	932.3K	1.9M	2.2M	2.3M	2.1M	1.7M
Property Plant And Equipment Net	1.2M	1.5M	1.9M	2.3M	2.1M	2.2M
Net Debt	76.3K	(441.6K)	(379.5K)	(145.2K)	(167.0K)	(175.4K)
Retained Earnings	(23.1M)	(23.7M)	(24.0M)	(24.6M)	(22.1M)	(23.2M)
Accounts Payable	127.9K	64.6K	33.3K	38.3K	34.5K	42.4K
Cash	15.1K	441.6K	379.5K	145.2K	130.7K	221.3K
Non Current Assets Total	1.4M	1.7M	2.0M	2.4M	2.2M	1.2M
Cash And Short Term Investments	17.2K	445.6K	619.1K	260.4K	234.3K	222.6K
Net Receivables	2.4K	42.8K	12.7K	5.5K	5.0K	4.7K
Common Stock Shares Outstanding	14.2M	30.9M	47.7M	63.9M	73.5M	77.1M
Liabilities And Stockholders Equity	1.4M	2.2M	2.7M	2.7M	2.4M	1.8M
Other Stockholder Equity	1.3M	1.4M	1.6M	1.6M	1.5M	1.4M
Total Liab	491.8K	341.9K	447.6K	346.4K	398.4K	235.4K
Total Current Assets	22.0K	490.3K	639.9K	271.4K	244.3K	232.1K
Other Current Liab	272.5K	277.4K	414.4K	308.1K	354.3K	372.1K
Short Term Investments	2.2K	4.0K	239.6K	115.2K	103.6K	98.5K
Accumulated Other Comprehensive Income	1.4M	1.6M	1.6M	1.5M	1.8M	1.9M
Net Tangible Assets	1.0M	932.3K	1.9M	2.2M	2.6M	2.7M
Other Assets	203.1K	185.9K	193.6K	98.0K	112.6K	108.3K
Common Stock	22.6M	24.0M	24.6M	25.4M	29.2M	23.8M
Property Plant Equipment	949.9K	1.2M	1.5M	1.9M	2.2M	2.3M
Net Invested Capital	1.0M	1.9M	2.2M	2.3M	2.7M	1.7M
Net Working Capital	(469.8K)	148.4K	192.3K	(75.0K)	(86.2K)	(90.6K)
Capital Stock	22.6M	24.0M	24.6M	25.4M	29.2M	26.1M

Pair Trading with Belmont Resources

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 Belmont Resources 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 Belmont Resources will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Belmont Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belmont Resources 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 Belmont Resources - 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 Belmont Resources to buy it.

The correlation of Belmont Resources 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 Belmont Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belmont Resources 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 Belmont Resources 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 Correlation Correlation Matching

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belmont Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Belmont Resources' price analysis, check to measure Belmont Resources' 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 Belmont Resources is operating at the current time. Most of Belmont Resources' value examination focuses on studying past and present price action to predict the probability of Belmont Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belmont Resources' price. Additionally, you may evaluate how the addition of Belmont Resources to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Belmont Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Belmont Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belmont Resources' 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.

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Belmont Long Term Investments vs Net Debt Analysis

Long Term Investments vs Net Debt

Long Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Long Term Investments

Net Debt

Belmont Resources fundamental ratios Correlations

Belmont Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Belmont Resources fundamental ratios Accounts

Pair Trading with Belmont Resources

Complementary Tools for Belmont Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Non Currrent Assets Other
Property Plant And Equipment Net	+ 0.98	Total Assets

Cash	- 0.99	Net Debt
Long Term Investments	- 0.98	Other Stockholder Equity
Total Current Assets	- 0.97	Net Debt
Cash And Short Term Investments	- 0.96	Net Debt
Inventory	- 0.9	Short Term Debt
Inventory	- 0.9	Short Long Term Debt Total