BHP Investments vs Change To Account Receivables Analysis

BHP Stock  USD 58.73  2.90  4.71%   
BHP Group financial indicator trend analysis is way more than just evaluating BHP Group Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BHP Group Limited is a good investment. Please check the relationship between BHP Group Investments and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between BHP Group's Investments and Change To Account Receivables is 0.01. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of BHP Group Limited, assuming nothing else is changed. The correlation between historical values of BHP Group's Investments and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of BHP Group Limited are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., BHP Group's Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Account Receivables

Most indicators from BHP Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BHP Group Limited 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 BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
As of 05/22/2024, Discontinued Operations is likely to grow to about 12.9 B, while Selling General Administrative is likely to drop slightly above 3.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit39.7B27.7B31.8B16.5B
Total Revenue65.1B53.8B61.9B35.3B

BHP Group fundamental ratios Correlations

0.920.470.530.980.990.690.980.160.98-0.650.160.710.910.640.8-0.640.980.570.160.70.090.860.460.720.82
0.920.150.320.890.920.840.90.030.92-0.750.030.450.810.640.56-0.750.890.350.140.770.090.690.30.850.92
0.470.150.680.480.43-0.010.460.190.4-0.150.20.80.460.060.790.010.510.560.130.150.060.590.320.060.07
0.530.320.680.50.530.230.470.310.51-0.020.310.780.560.350.8-0.070.590.430.750.24-0.050.680.490.030.21
0.980.890.480.50.980.721.00.060.97-0.70.060.730.840.540.78-0.640.930.50.080.780.10.850.320.750.84
0.990.920.430.530.980.760.970.031.0-0.640.030.740.860.630.81-0.620.960.440.20.75-0.030.870.410.720.81
0.690.84-0.010.230.720.760.75-0.460.77-0.79-0.460.410.430.330.41-0.660.62-0.130.160.93-0.050.53-0.150.830.83
0.980.90.460.471.00.970.750.020.97-0.730.020.710.820.510.76-0.670.920.470.070.810.120.840.280.780.85
0.160.030.190.310.060.03-0.460.020.030.281.0-0.030.460.390.110.010.230.730.19-0.440.20.110.71-0.2-0.01
0.980.920.40.510.971.00.770.970.03-0.630.030.720.850.660.79-0.60.960.410.20.75-0.060.860.40.730.82
-0.65-0.75-0.15-0.02-0.7-0.64-0.79-0.730.28-0.630.28-0.27-0.4-0.04-0.280.8-0.55-0.10.23-0.85-0.25-0.340.24-0.89-0.85
0.160.030.20.310.060.03-0.460.021.00.030.28-0.030.460.390.110.010.230.730.19-0.440.20.120.72-0.2-0.01
0.710.450.80.780.730.740.410.71-0.030.72-0.27-0.030.580.310.92-0.150.720.370.330.49-0.180.830.350.260.36
0.910.810.460.560.840.860.430.820.460.85-0.40.460.580.750.75-0.570.950.750.230.370.130.830.730.480.65
0.640.640.060.350.540.630.330.510.390.66-0.040.390.310.750.47-0.240.720.460.320.14-0.110.630.740.350.44
0.80.560.790.80.780.810.410.760.110.79-0.280.110.920.750.47-0.210.830.540.410.45-0.070.870.510.290.37
-0.64-0.750.01-0.07-0.64-0.62-0.66-0.670.01-0.60.80.01-0.15-0.57-0.24-0.21-0.58-0.270.13-0.61-0.37-0.45-0.09-0.7-0.82
0.980.890.510.590.930.960.620.920.230.96-0.550.230.720.950.720.83-0.580.610.260.580.050.870.580.640.74
0.570.350.560.430.50.44-0.130.470.730.41-0.10.730.370.750.460.54-0.270.610.08-0.080.520.530.720.10.22
0.160.140.130.750.080.20.160.070.190.20.230.190.330.230.320.410.130.260.080.01-0.160.240.41-0.21-0.05
0.70.770.150.240.780.750.930.81-0.440.75-0.85-0.440.490.370.140.45-0.610.58-0.080.010.010.52-0.280.840.84
0.090.090.06-0.050.1-0.03-0.050.120.2-0.06-0.250.2-0.180.13-0.11-0.07-0.370.050.52-0.160.010.03-0.050.120.12
0.860.690.590.680.850.870.530.840.110.86-0.340.120.830.830.630.87-0.450.870.530.240.520.030.50.430.58
0.460.30.320.490.320.41-0.150.280.710.40.240.720.350.730.740.51-0.090.580.720.41-0.28-0.050.5-0.140.06
0.720.850.060.030.750.720.830.78-0.20.73-0.89-0.20.260.480.350.29-0.70.640.1-0.210.840.120.43-0.140.92
0.820.920.070.210.840.810.830.85-0.010.82-0.85-0.010.360.650.440.37-0.820.740.22-0.050.840.120.580.060.92
Click cells to compare fundamentals

BHP Group Account Relationship Matchups

BHP Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets104.8B108.9B95.2B101.3B116.5B68.1B
Short Long Term Debt Total27.0B21.0B16.4B22.3B25.7B16.2B
Other Current Liab3.9B6.6B8.9B5.5B6.4B3.8B
Total Current Liabilities14.8B16.4B16.9B19.0B21.9B23.0B
Total Stockholder Equity47.9B51.3B45.0B43.1B49.5B31.9B
Property Plant And Equipment Net72.4B73.8B61.3B71.8B82.6B46.2B
Net Debt13.6B5.7B(808M)9.9B11.4B10.0B
Retained Earnings43.5B46.8B40.3B39.8B45.8B28.1B
Cash13.4B15.2B17.2B12.4B14.3B15.0B
Non Current Assets Total83.3B82.2B64.9B77.9B89.6B52.4B
Non Currrent Assets Other1.5B1.7B(56M)2.1B1.9B2.0B
Cash And Short Term Investments13.5B15.5B17.5B12.5B14.3B15.0B
Net Receivables3.7B6.3B5.7B5.1B5.9B4.1B
Liabilities And Stockholders Equity104.8B108.9B95.2B101.3B116.5B68.1B
Non Current Liabilities Total37.7B36.9B13.2B33.7B38.8B19.6B
Inventory4.1B4.4B4.9B5.2B6.0B3.3B
Other Stockholder Equity(5M)(33M)(12M)(41M)(36.9M)(35.1M)
Total Liab52.5B53.3B46.4B52.8B60.7B33.6B
Total Current Assets21.5B26.7B28.7B23.4B26.9B14.1B
Short Term Debt5.0B2.6B2.6B7.2B8.2B8.7B
Intangible Assets377M240M172M221M254.2M452.3M
Other Current Assets130M129M175M131M150.7M143.1M
Accounts Payable5.8B7.0B5.4B6.3B7.2B4.9B
Other Liab14.3B17.4B14.2B16.9B19.5B10.2B
Other Assets5.4B3.6B1.6B2.0B2.3B2.2B
Long Term Debt19.4B18.4B13.8B12.7B14.6B17.6B
Short Term Investments84M230M303M29M26.1M24.8M
Accumulated Other Comprehensive Income2.3B2.4B12M(1.4B)(1.6B)(1.7B)
Property Plant Equipment72.4B73.8B61.3B71.8B82.6B63.3B
Property Plant And Equipment Gross72.4B73.8B121.1B135.3B155.6B163.4B
Current Deferred Revenue97M105M34M47M42.3M40.2M
Long Term Investments5.1B3.4B2.2B2.4B2.1B2.9B
Short Long Term Debt5.0B2.6B2.6B1.3B1.2B1.1B
Net Tangible Assets46.6B47.3B49.8B43.6B39.2B42.6B

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.