BHP Sale Purchase Of Stock vs Capital Expenditures Analysis

BHP Stock

USD 59.38 0.15 0.25%

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 Sale Purchase Of Stock and its Capital Expenditures 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.

Sale Purchase Of Stock vs Capital Expenditures

Sale Purchase Of Stock vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Sale Purchase Of Stock account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between BHP Group's Sale Purchase Of Stock and Capital Expenditures is -0.01. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Capital Expenditures 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 Sale Purchase Of Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of BHP Group Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Sale Purchase Of Stock i.e., BHP Group's Sale Purchase Of Stock and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Sale Purchase Of Stock

Capital Expenditures

Capital Expenditures are funds used by BHP Group Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of BHP Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 06/04/2024, 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 Profit	39.7B	27.7B	31.8B	16.5B
Total Revenue	65.1B	53.8B	61.9B	35.3B

Gross Profit Total Revenue

BHP Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Assets	Accounts Payable	Other Liab	Other Assets	Long Term Debt
Total Assets		0.92	0.47	0.53	0.98	0.99	0.69	0.98	0.16	0.98	-0.65	0.16	0.71	0.91	0.64	0.8	-0.64	0.98	0.57	0.16	0.7	0.09	0.86	0.46	0.72	0.82
Short Long Term Debt Total	0.92		0.15	0.32	0.89	0.92	0.84	0.9	0.03	0.92	-0.75	0.03	0.45	0.81	0.64	0.56	-0.75	0.89	0.35	0.14	0.77	0.09	0.69	0.3	0.85	0.92
Other Current Liab	0.47	0.15		0.68	0.48	0.43	-0.01	0.46	0.19	0.4	-0.15	0.2	0.8	0.46	0.06	0.79	0.01	0.51	0.56	0.13	0.15	0.06	0.59	0.32	0.06	0.07
Total Current Liabilities	0.53	0.32	0.68		0.5	0.53	0.23	0.47	0.31	0.51	-0.02	0.31	0.78	0.56	0.35	0.8	-0.07	0.59	0.43	0.75	0.24	-0.05	0.68	0.49	0.03	0.21
Total Stockholder Equity	0.98	0.89	0.48	0.5		0.98	0.72	1.0	0.06	0.97	-0.7	0.06	0.73	0.84	0.54	0.78	-0.64	0.93	0.5	0.08	0.78	0.1	0.85	0.32	0.75	0.84
Property Plant And Equipment Net	0.99	0.92	0.43	0.53	0.98		0.76	0.97	0.03	1.0	-0.64	0.03	0.74	0.86	0.63	0.81	-0.62	0.96	0.44	0.2	0.75	-0.03	0.87	0.41	0.72	0.81
Net Debt	0.69	0.84	-0.01	0.23	0.72	0.76		0.75	-0.46	0.77	-0.79	-0.46	0.41	0.43	0.33	0.41	-0.66	0.62	-0.13	0.16	0.93	-0.05	0.53	-0.15	0.83	0.83
Retained Earnings	0.98	0.9	0.46	0.47	1.0	0.97	0.75		0.02	0.97	-0.73	0.02	0.71	0.82	0.51	0.76	-0.67	0.92	0.47	0.07	0.81	0.12	0.84	0.28	0.78	0.85
Cash	0.16	0.03	0.19	0.31	0.06	0.03	-0.46	0.02		0.03	0.28	1.0	-0.03	0.46	0.39	0.11	0.01	0.23	0.73	0.19	-0.44	0.2	0.11	0.71	-0.2	-0.01
Non Current Assets Total	0.98	0.92	0.4	0.51	0.97	1.0	0.77	0.97	0.03		-0.63	0.03	0.72	0.85	0.66	0.79	-0.6	0.96	0.41	0.2	0.75	-0.06	0.86	0.4	0.73	0.82
Non Currrent Assets Other	-0.65	-0.75	-0.15	-0.02	-0.7	-0.64	-0.79	-0.73	0.28	-0.63		0.28	-0.27	-0.4	-0.04	-0.28	0.8	-0.55	-0.1	0.23	-0.85	-0.25	-0.34	0.24	-0.89	-0.85
Cash And Short Term Investments	0.16	0.03	0.2	0.31	0.06	0.03	-0.46	0.02	1.0	0.03	0.28		-0.03	0.46	0.39	0.11	0.01	0.23	0.73	0.19	-0.44	0.2	0.12	0.72	-0.2	-0.01
Net Receivables	0.71	0.45	0.8	0.78	0.73	0.74	0.41	0.71	-0.03	0.72	-0.27	-0.03		0.58	0.31	0.92	-0.15	0.72	0.37	0.33	0.49	-0.18	0.83	0.35	0.26	0.36
Common Stock Shares Outstanding	0.91	0.81	0.46	0.56	0.84	0.86	0.43	0.82	0.46	0.85	-0.4	0.46	0.58		0.75	0.75	-0.57	0.95	0.75	0.23	0.37	0.13	0.83	0.73	0.48	0.65
Non Current Liabilities Total	0.64	0.64	0.06	0.35	0.54	0.63	0.33	0.51	0.39	0.66	-0.04	0.39	0.31	0.75		0.47	-0.24	0.72	0.46	0.32	0.14	-0.11	0.63	0.74	0.35	0.44
Inventory	0.8	0.56	0.79	0.8	0.78	0.81	0.41	0.76	0.11	0.79	-0.28	0.11	0.92	0.75	0.47		-0.21	0.83	0.54	0.41	0.45	-0.07	0.87	0.51	0.29	0.37
Other Stockholder Equity	-0.64	-0.75	0.01	-0.07	-0.64	-0.62	-0.66	-0.67	0.01	-0.6	0.8	0.01	-0.15	-0.57	-0.24	-0.21		-0.58	-0.27	0.13	-0.61	-0.37	-0.45	-0.09	-0.7	-0.82
Total Liab	0.98	0.89	0.51	0.59	0.93	0.96	0.62	0.92	0.23	0.96	-0.55	0.23	0.72	0.95	0.72	0.83	-0.58		0.61	0.26	0.58	0.05	0.87	0.58	0.64	0.74
Total Current Assets	0.57	0.35	0.56	0.43	0.5	0.44	-0.13	0.47	0.73	0.41	-0.1	0.73	0.37	0.75	0.46	0.54	-0.27	0.61		0.08	-0.08	0.52	0.53	0.72	0.1	0.22
Short Term Debt	0.16	0.14	0.13	0.75	0.08	0.2	0.16	0.07	0.19	0.2	0.23	0.19	0.33	0.23	0.32	0.41	0.13	0.26	0.08		0.01	-0.16	0.24	0.41	-0.21	-0.05
Intangible Assets	0.7	0.77	0.15	0.24	0.78	0.75	0.93	0.81	-0.44	0.75	-0.85	-0.44	0.49	0.37	0.14	0.45	-0.61	0.58	-0.08	0.01		0.01	0.52	-0.28	0.84	0.84
Other Current Assets	0.09	0.09	0.06	-0.05	0.1	-0.03	-0.05	0.12	0.2	-0.06	-0.25	0.2	-0.18	0.13	-0.11	-0.07	-0.37	0.05	0.52	-0.16	0.01		0.03	-0.05	0.12	0.12
Accounts Payable	0.86	0.69	0.59	0.68	0.85	0.87	0.53	0.84	0.11	0.86	-0.34	0.12	0.83	0.83	0.63	0.87	-0.45	0.87	0.53	0.24	0.52	0.03		0.5	0.43	0.58
Other Liab	0.46	0.3	0.32	0.49	0.32	0.41	-0.15	0.28	0.71	0.4	0.24	0.72	0.35	0.73	0.74	0.51	-0.09	0.58	0.72	0.41	-0.28	-0.05	0.5		-0.14	0.06
Other Assets	0.72	0.85	0.06	0.03	0.75	0.72	0.83	0.78	-0.2	0.73	-0.89	-0.2	0.26	0.48	0.35	0.29	-0.7	0.64	0.1	-0.21	0.84	0.12	0.43	-0.14		0.92
Long Term Debt	0.82	0.92	0.07	0.21	0.84	0.81	0.83	0.85	-0.01	0.82	-0.85	-0.01	0.36	0.65	0.44	0.37	-0.82	0.74	0.22	-0.05	0.84	0.12	0.58	0.06	0.92

Click cells to compare fundamentals

BHP Group Account Relationship Matchups

BHP Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	104.8B	108.9B	95.2B	101.3B	116.5B	68.1B
Short Long Term Debt Total	27.0B	21.0B	16.4B	22.3B	25.7B	16.2B
Other Current Liab	3.9B	6.6B	8.9B	5.5B	6.4B	3.8B
Total Current Liabilities	14.8B	16.4B	16.9B	19.0B	21.9B	23.0B
Total Stockholder Equity	47.9B	51.3B	45.0B	43.1B	49.5B	31.9B
Property Plant And Equipment Net	72.4B	73.8B	61.3B	71.8B	82.6B	46.2B
Net Debt	13.6B	5.7B	(808M)	9.9B	11.4B	10.0B
Retained Earnings	43.5B	46.8B	40.3B	39.8B	45.8B	28.1B
Cash	13.4B	15.2B	17.2B	12.4B	14.3B	15.0B
Non Current Assets Total	83.3B	82.2B	64.9B	77.9B	89.6B	52.4B
Non Currrent Assets Other	1.5B	1.7B	(56M)	2.1B	1.9B	2.0B
Cash And Short Term Investments	13.5B	15.5B	17.5B	12.5B	14.3B	15.0B
Net Receivables	3.7B	6.3B	5.7B	5.1B	5.9B	4.1B
Liabilities And Stockholders Equity	104.8B	108.9B	95.2B	101.3B	116.5B	68.1B
Non Current Liabilities Total	37.7B	36.9B	13.2B	33.7B	38.8B	19.6B
Inventory	4.1B	4.4B	4.9B	5.2B	6.0B	3.3B
Other Stockholder Equity	(5M)	(33M)	(12M)	(41M)	(36.9M)	(35.1M)
Total Liab	52.5B	53.3B	46.4B	52.8B	60.7B	33.6B
Total Current Assets	21.5B	26.7B	28.7B	23.4B	26.9B	14.1B
Short Term Debt	5.0B	2.6B	2.6B	7.2B	8.2B	8.7B
Intangible Assets	377M	240M	172M	221M	254.2M	452.3M
Other Current Assets	130M	129M	175M	131M	150.7M	143.1M
Accounts Payable	5.8B	7.0B	5.4B	6.3B	7.2B	4.9B
Other Liab	14.3B	17.4B	14.2B	16.9B	19.5B	10.2B
Other Assets	5.4B	3.6B	1.6B	2.0B	2.3B	2.2B
Long Term Debt	19.4B	18.4B	13.8B	12.7B	14.6B	17.6B
Short Term Investments	84M	230M	303M	29M	26.1M	24.8M
Accumulated Other Comprehensive Income	2.3B	2.4B	12M	(1.4B)	(1.6B)	(1.7B)
Property Plant Equipment	72.4B	73.8B	61.3B	71.8B	82.6B	63.3B
Property Plant And Equipment Gross	72.4B	73.8B	121.1B	135.3B	155.6B	163.4B
Current Deferred Revenue	97M	105M	34M	47M	42.3M	40.2M
Long Term Investments	5.1B	3.4B	2.2B	2.4B	2.1B	2.9B
Short Long Term Debt	5.0B	2.6B	2.6B	1.3B	1.2B	1.1B
Net Tangible Assets	46.6B	47.3B	49.8B	43.6B	39.2B	42.6B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for BHP Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

BHP Sale Purchase Of Stock vs Capital Expenditures Analysis

Sale Purchase Of Stock vs Capital Expenditures

Sale Purchase Of Stock vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Sale Purchase Of Stock

Capital Expenditures

BHP Group fundamental ratios Correlations

BHP Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BHP Group fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for BHP Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets

Other Assets	- 0.89	Non Currrent Assets Other
Long Term Debt	- 0.85	Non Currrent Assets Other
Intangible Assets	- 0.85	Non Currrent Assets Other
Long Term Debt	- 0.82	Other Stockholder Equity
Non Currrent Assets Other	- 0.79	Net Debt
Other Stockholder Equity	- 0.75	Short Long Term Debt Total