# British Investments Current vs Total Assets Analysis

BTI | Stock | ## USD 41.09 0.07 0.17% |

British Amer financial indicator trend analysis is way more than just evaluating British American Tobacco prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether British American Tobacco is a good investment. Please check the relationship between British Amer Investments Current and its Total Assets accounts. Continue to Trending Equities.

## Investments Current vs Total Assets

## Investments Current vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of British American Tobacco Investments Current account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between British Amer's Investments Current and Total Assets is

**0.43**. Overlapping area represents the amount of variation of Investments Current that can explain the historical movement of Total Assets in the same time period over historical financial statements of British American Tobacco, assuming nothing else is changed. The correlation between historical values of British Amer's Investments Current and Total Assets 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 Current of British American Tobacco are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Investments Current i.e., British Amer's Investments Current and Total Assets go up and down completely randomly.## Correlation Coefficient | 0.43 |

Relationship Direction | Positive |

Relationship Strength | Weak |

## Investments Current

The current portion of Investments; reported if the company operates a classified balance sheet that segments current and non-current assets.## Total Assets

Total assets refers to the total amount of British Amer 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 British American Tobacco 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.Most indicators from British Amer fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into British American Tobacco 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. Continue to Trending Equities.The current Enterprise Value over EBITDA is estimated to increase to 11.02, while Net Loss Income from Discontinued Operations is projected to decrease to (24.3

**M**). 2019 | 2020 | 2021 | 2022 (projected) | |

Consolidated Income | 5.85 B | 6.56 B | 6.97 B | 8.55 B |

Direct Expenses | 4.44 B | 4.14 B | 4.38 B | 3.92 B |

## British Amer fundamental ratios Correlations

**Click cells**to compare fundamentals

## British Amer Account Relationship Matchups

### High Positive Relationship

### High Negative Relationship

## British Amer fundamental ratios Accounts

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Inventories | 5.86 B | 6.03 B | 6.09 B | 6 B | 5.28 B | 4.83 B | |

Receivables | 4.05 B | 3.59 B | 3.46 B | 3.72 B | 3.95 B | 3.45 B | |

Total Assets | 141.05 B | 146.34 B | 141 B | 137.69 B | 137.37 B | 131.04 B | |

Current Assets | 13.97 B | 12.65 B | 13.27 B | 13.61 B | 12.81 B | 13.12 B | |

Assets Non Current | 127.09 B | 133.69 B | 127.73 B | 124.08 B | 124.56 B | 117.91 B | |

Cash and Equivalents | 3.29 B | 2.6 B | 2.53 B | 3.14 B | 2.81 B | 2.93 B | |

Cash and Equivalents USD | 4.45 B | 3.3 B | 3.32 B | 4.3 B | 3.75 B | 3.93 B | |

Total Debt | 49.45 B | 47.51 B | 45.37 B | 43.97 B | 39.66 B | 40.27 B | |

Debt Current | 5.42 B | 4.22 B | 7.56 B | 4.04 B | 3.99 B | 4.21 B | |

Debt Non Current | 44.03 B | 43.28 B | 37.8 B | 39.93 B | 35.67 B | 36.05 B | |

Total Debt USD | 66.81 B | 60.29 B | 59.69 B | 60.23 B | 52.88 B | 53.71 B | |

Shareholders Equity | 60.76 B | 65.44 B | 63.9 B | 62.67 B | 65.42 B | 59.7 B | |

Shareholders Equity USD | 82.08 B | 83.05 B | 84.08 B | 85.85 B | 87.22 B | 79.65 B | |

Goodwill and Intangible Assets | 117.78 B | 124.01 B | 118.79 B | 115.34 B | 115.62 B | 108.59 B | |

Inventory | 5.86 B | 6.03 B | 6.09 B | 6 B | 5.28 B | 5.53 B | |

Investments | 1.68 B | 1.95 B | 2 B | 2.06 B | 2.45 B | 2.49 B | |

Investments Current | 65 M | 178 M | 123 M | 242 M | 456 M | 492 M | |

Investments Non Current | 1.62 B | 1.78 B | 1.87 B | 1.82 B | 2 B | 2.36 B | |

Total Liabilities | 80.07 B | 80.65 B | 76.84 B | 74.73 B | 69.96 B | 70.06 B | |

Current Liabilities | 15.61 B | 16.33 B | 18.82 B | 15.48 B | 15.14 B | 15.36 B | |

Liabilities Non Current | 64.47 B | 64.33 B | 58.02 B | 59.26 B | 54.82 B | 54.7 B | |

Trade and Non Trade Payables | 9.97 B | 11.69 B | 10.76 B | 10.76 B | 10.56 B | 10.08 B | |

Property Plant and Equipment Net | 4.88 B | 5.17 B | 5.52 B | 5.06 B | 4.95 B | 4.9 B | |

Trade and Non Trade Receivables | 4.81 B | 4.27 B | 4.34 B | 3.96 B | 4.16 B | 4.1 B | |

Accumulated Retained Earnings Deficit | 36.94 B | 38.56 B | 40.23 B | 42.04 B | 44.21 B | 38.05 B | |

Tax Assets | 793 M | 418 M | 546 M | 613 M | 728 M | 664.11 M | |

Tax Liabilities | 17.85 B | 18.63 B | 17.73 B | 17.18 B | 17.34 B | 16.4 B |

## British Amer Implied Volatility | 107.65 |

British Amer's implied volatility exposes the market's sentiment of British American Tobacco stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if British Amer's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that British Amer stock will not fluctuate a lot when British Amer's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards British Amer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, British Amer's short interest history, or implied volatility extrapolated from British Amer options trading.

## Pair Trading with British Amer

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 British Amer 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 British Amer will appreciate offsetting losses from the drop in the long position's value.### Moving together with British Amer

0.68 | AIU | Meta Data | Earnings Call This Week | PairCorr | |||

0.76 | ALCO | Alico Inc | Fiscal Year End 6th of December 2022 | PairCorr |

### Moving against British Amer

0.78 | EDU | New Oriental Education | Fiscal Year End 23rd of September 2022 | PairCorr | |||

0.65 | COST | Costco Wholesale | Fiscal Year End 22nd of September 2022 | PairCorr | |||

0.63 | BYND | Beyond Meat | Normal Trading | PairCorr | |||

0.62 | DG | Dollar General Corp | Earnings Call This Week | PairCorr |

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

The correlation of British Amer is a statistical measure of how it moves in relation to other equities. 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 British Amer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if British American Tobacco 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 British Amer 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.Continue to Trending Equities. Note that the British American Tobacco information on this page should be used as a complementary analysis to other British Amer'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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Is British Amer'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 British Amer. If investors know British 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 British Amer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of British American Tobacco is measured differently than its book value, which is the value of British that is recorded on the company's balance sheet. Investors also form their own opinion of British Amer's value that differs from its market value or its book value, called intrinsic value, which is British Amer'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 British Amer's market value can be influenced by many factors that don't directly affect British Amer'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 British Amer's value and its price as these two are different measures arrived at by different means. Investors typically determine British Amer value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, British Amer'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.