British Receivables Turnover vs Interest Coverage Analysis

BTI Stock  USD 30.34  0.46  1.54%   
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 Receivables Turnover and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in British American Tobacco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Receivables Turnover vs Interest Coverage

Receivables Turnover vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of British American Tobacco Receivables Turnover account and Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between British Amer's Receivables Turnover and Interest Coverage is -0.36. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Interest Coverage 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 Receivables Turnover and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of British American Tobacco are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Receivables Turnover i.e., British Amer's Receivables Turnover and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Receivables Turnover

Interest Coverage

Most indicators from British Amer's 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. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in British American Tobacco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
The current Selling General Administrative is estimated to decrease to about 25.7 M. The British Amer's current Tax Provision is estimated to increase to about (2.7 B)
 2021 2022 2023 2024 (projected)
Interest Expense1.5B1.7B1.9B2.0B
Depreciation And Amortization1.5B2.2B24B25.2B

British Amer fundamental ratios Correlations

0.990.090.91.00.910.980.990.810.811.00.870.850.230.90.590.990.760.070.990.990.780.820.820.390.99
0.990.150.890.970.911.00.960.820.790.980.860.810.160.870.521.00.790.140.971.00.730.830.840.350.96
0.090.150.210.050.140.140.010.260.310.09-0.140.22-0.01-0.1-0.240.130.360.650.040.13-0.110.310.12-0.230.05
0.90.890.210.880.980.890.870.950.840.890.710.850.170.850.350.890.920.110.890.90.630.950.910.210.86
1.00.970.050.880.90.961.00.790.811.00.870.860.260.90.630.980.720.020.990.980.80.80.80.420.99
0.910.910.140.980.90.910.90.950.850.910.760.840.180.880.310.910.920.140.920.920.590.910.90.20.88
0.981.00.140.890.960.910.960.810.780.980.860.80.160.870.521.00.790.140.971.00.730.820.840.350.96
0.990.960.010.871.00.90.960.780.80.990.870.850.290.890.620.980.710.00.990.980.790.790.80.440.99
0.810.820.260.950.790.950.810.780.850.810.640.850.010.850.270.810.930.180.810.830.580.950.780.020.76
0.810.790.310.840.810.850.780.80.850.810.650.970.120.740.290.810.810.010.810.810.550.890.680.050.79
1.00.980.090.891.00.910.980.990.810.810.870.850.240.90.590.990.750.070.990.990.770.810.820.40.99
0.870.86-0.140.710.870.760.860.870.640.650.870.70.130.830.60.860.550.00.880.860.740.630.660.410.88
0.850.810.220.850.860.840.80.850.850.970.850.70.20.780.490.830.75-0.080.840.830.690.90.660.220.84
0.230.16-0.010.170.260.180.160.290.010.120.240.130.2-0.080.090.210.030.090.240.18-0.060.070.220.780.34
0.90.87-0.10.850.90.880.870.890.850.740.90.830.78-0.080.570.880.72-0.040.910.890.790.770.720.130.86
0.590.52-0.240.350.630.310.520.620.270.290.590.60.490.090.570.540.08-0.350.560.550.910.350.220.550.58
0.991.00.130.890.980.911.00.980.810.810.990.860.830.210.880.540.780.130.981.00.740.820.820.380.98
0.760.790.360.920.720.920.790.710.930.810.750.550.750.030.720.080.780.270.750.790.410.920.82-0.050.69
0.070.140.650.110.020.140.140.00.180.010.070.0-0.080.09-0.04-0.350.130.270.050.12-0.270.060.05-0.070.06
0.990.970.040.890.990.920.970.990.810.810.990.880.840.240.910.560.980.750.050.980.740.80.820.390.99
0.991.00.130.90.980.921.00.980.830.810.990.860.830.180.890.551.00.790.120.980.750.830.840.360.97
0.780.73-0.110.630.80.590.730.790.580.550.770.740.69-0.060.790.910.740.41-0.270.740.750.620.490.340.74
0.820.830.310.950.80.910.820.790.950.890.810.630.90.070.770.350.820.920.060.80.830.620.80.120.76
0.820.840.120.910.80.90.840.80.780.680.820.660.660.220.720.220.820.820.050.820.840.490.80.260.8
0.390.35-0.230.210.420.20.350.440.020.050.40.410.220.780.130.550.38-0.05-0.070.390.360.340.120.260.47
0.990.960.050.860.990.880.960.990.760.790.990.880.840.340.860.580.980.690.060.990.970.740.760.80.47
Click cells to compare fundamentals

British Amer Account Relationship Matchups

British Amer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.0B137.7B137.4B153.5B118.7B124.7B
Short Long Term Debt Total45.4B44.0B39.7B43.1B39.7B41.7B
Other Current Liab1.5B1.7B1.6B16.7B1.6B1.6B
Total Current Liabilities18.8B15.5B15.1B17.9B15.7B9.7B
Total Stockholder Equity63.9B62.7B67.1B75.4B52.6B55.2B
Property Plant And Equipment Net5.5B5.1B5.0B4.9B4.6B3.4B
Net Debt42.8B40.8B36.8B39.7B37.4B39.2B
Retained Earnings40.2B42.0B44.2B44.1B31.6B33.2B
Accounts Payable9.7B9.7B9.6B10.4B9.7B5.0B
Cash2.5B3.1B2.8B3.4B2.4B2.1B
Non Current Assets Total127.7B124.1B124.6B138.1B104.5B109.8B
Non Currrent Assets Other1.3B1.6B1.8B924.8M2.0B2.1B
Cash And Short Term Investments2.6B3.4B3.3B4.0B3.0B2.3B
Common Stock Shares Outstanding2.3B2.3B2.3B2.3B2.3B2.2B
Short Term Investments123M242M456M579M601M631.1M
Liabilities And Stockholders Equity141.0B137.7B137.4B153.5B118.7B124.7B
Non Current Liabilities Total58.0B59.3B54.8B60.0B50.1B52.6B
Inventory6.1B6.0B5.3B5.7B4.9B3.9B
Other Current Assets14.0B316M433M195M6.3M185.3M
Other Stockholder Equity26.4B26.4B22.3B26.5B19.9B20.9B
Total Liab76.8B74.7B70.0B77.8B65.8B69.1B
Property Plant And Equipment Gross5.5B5.1B9.0B9.5B9.0B9.5B
Total Current Assets13.3B13.6B12.8B15.4B14.2B9.3B
Accumulated Other Comprehensive Income(3.5B)(6.5B)(4.2B)4.1B409M429.5M
Short Term Debt7.6B4.0B4.0B4.4B4.3B2.9B
Intangible Assets74.5B72.0B72.4B81.1B54.5B57.2B
Other Liab20.2B19.3B19.2B21.3B24.4B25.7B
Long Term Debt37.4B39.9B35.7B38.4B35.0B22.1B
Net Receivables4.2B3.8B4.1B5.7B3.8B2.5B
Good Will44.3B43.3B43.2B48.0B41.1B25.4B
Property Plant Equipment5.5B5.1B5.0B4.9B4.4B3.9B
Other Assets2.1B2.5B2.7B2.5B2.9B2.0B
Treasury Stock(5.2B)(5.3B)(5.2B)(5.1B)(4.6B)(4.8B)
Net Tangible Assets(55.0B)(52.8B)(48.5B)(53.7B)(48.3B)(50.8B)
Short Long Term Debt96.5B3.9B3.9B4.3B4.2B4.0B
Long Term Debt Total37.8B39.9B35.7B38.7B44.5B37.2B

British Amer Investors Sentiment

The influence of British Amer's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in British. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to British Amer's public news can be used to forecast risks associated with an investment in British. The trend in average sentiment can be used to explain how an investor holding British can time the market purely based on public headlines and social activities around British American Tobacco. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
British Amer's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for British Amer's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average British Amer's news discussions. The higher the estimated score, the more favorable is the investor's outlook on British Amer.
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 Stock

  0.62MO Altria Group Financial Report 25th of April 2024 PairCorr

Moving against British Stock

  0.58EDBL Edible Garden AGPairCorr
  0.52AFRIW Forafric Global PLCPairCorr
  0.51DDC DDC EnterprisePairCorr
  0.42BON Bon Natural LifePairCorr
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 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 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.
Pair CorrelationCorrelation Matching
When determining whether British American Tobacco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of British Amer's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of British American Tobacco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on British American Tobacco Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in British American Tobacco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running British Amer's price analysis, check to measure British Amer'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 British Amer is operating at the current time. Most of British Amer's value examination focuses on studying past and present price action to predict the probability of British Amer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move British Amer's price. Additionally, you may evaluate how the addition of British Amer to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth
1.178
Dividend Share
2.309
Earnings Share
(8.15)
Revenue Per Share
2.448
Quarterly Revenue Growth
(0.06)
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 if British Amer is a good investment 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.