BHP Sale Purchase Of Stock vs Investments 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 Investments 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 Investments

Sale Purchase Of Stock vs Investments 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 Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BHP Group's Sale Purchase Of Stock and Investments is -0.41. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Investments 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 Investments 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 Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Sale Purchase Of Stock i.e., BHP Group's Sale Purchase Of Stock and Investments go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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 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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Additional Tools for BHP Stock Analysis

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