British Tax Liabilities vs Total Liabilities Analysis

BTI
 Stock
  

USD 40.98  0.18  0.44%   

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 Tax Liabilities and its Total Liabilities accounts. Continue to Trending Equities.

Tax Liabilities vs Total Liabilities

Tax Liabilities vs Total Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of British American Tobacco Tax Liabilities account and Total Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between British Amer's Tax Liabilities and Total Liabilities is 0.98. Overlapping area represents the amount of variation of Tax Liabilities that can explain the historical movement of Total Liabilities 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 Tax Liabilities and Total Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Liabilities of British American Tobacco are associated (or correlated) with its Total Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liabilities has no effect on the direction of Tax Liabilities i.e., British Amer's Tax Liabilities and Total Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Tax Liabilities

A component of Total Liabilities representing outstanding tax liabilities.

Total Liabilities

Deferred Income Tax is recorded on British American Tobacco balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on British Amer books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
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 Income5.85 B6.56 B6.97 B8.55 B
Direct Expenses4.44 B4.14 B4.38 B3.92 B

British Amer fundamental ratios Correlations

0.89-0.080.830.930.820.820.880.880.870.250.790.790.950.570.0-0.790.870.920.840.920.910.93-0.510.77
0.89-0.320.80.920.780.90.840.760.840.490.750.750.890.610.18-0.720.830.840.810.860.840.9-0.20.76
-0.08-0.32-0.42-0.38-0.42-0.38-0.34-0.26-0.35-0.98-0.45-0.41-0.32-0.12-0.920.43-0.37-0.36-0.36-0.39-0.4-0.36-0.05-0.4
0.830.8-0.420.921.00.90.990.890.990.561.00.990.890.20.43-0.981.00.950.990.930.950.87-0.280.98
0.930.92-0.380.920.90.930.950.910.940.550.880.870.990.570.28-0.870.940.970.920.980.970.98-0.390.86
0.820.78-0.421.00.90.90.990.890.990.561.01.00.870.160.44-0.980.990.940.990.920.940.85-0.270.99
0.820.9-0.380.90.930.90.920.780.930.560.870.880.870.370.32-0.830.930.870.930.860.860.85-0.050.91
0.880.84-0.340.990.950.990.920.921.00.50.980.980.930.280.32-0.971.00.970.990.950.960.91-0.310.97
0.880.76-0.260.890.910.890.780.920.890.410.880.870.910.380.17-0.890.90.960.880.920.950.91-0.440.84
0.870.84-0.350.990.940.990.931.00.890.510.980.980.920.260.34-0.961.00.961.00.940.950.9-0.290.97
0.250.49-0.980.560.550.560.560.50.410.510.580.550.480.230.89-0.550.530.520.520.540.550.510.010.55
0.790.75-0.451.00.881.00.870.980.880.980.581.00.860.140.48-0.990.980.930.980.910.940.84-0.280.98
0.790.75-0.410.990.871.00.880.980.870.980.551.00.840.10.45-0.980.980.920.990.890.920.82-0.240.99
0.950.89-0.320.890.990.870.870.930.910.920.480.860.840.610.22-0.850.910.980.890.990.980.99-0.520.82
0.570.61-0.120.20.570.160.370.280.380.260.230.140.10.61-0.13-0.120.250.450.20.520.450.63-0.490.09
0.00.18-0.920.430.280.440.320.320.170.340.890.480.450.22-0.13-0.460.360.30.370.320.340.220.060.44
-0.79-0.720.43-0.98-0.87-0.98-0.83-0.97-0.89-0.96-0.55-0.99-0.98-0.85-0.12-0.46-0.97-0.93-0.96-0.91-0.94-0.840.33-0.95
0.870.83-0.371.00.940.990.931.00.91.00.530.980.980.910.250.36-0.970.961.00.940.960.89-0.290.98
0.920.84-0.360.950.970.940.870.970.960.960.520.930.920.980.450.3-0.930.960.940.991.00.96-0.460.9
0.840.81-0.360.990.920.990.930.990.881.00.520.980.990.890.20.37-0.961.00.940.910.930.86-0.240.99
0.920.86-0.390.930.980.920.860.950.920.940.540.910.890.990.520.32-0.910.940.990.910.990.98-0.530.86
0.910.84-0.40.950.970.940.860.960.950.950.550.940.920.980.450.34-0.940.961.00.930.990.97-0.490.89
0.930.9-0.360.870.980.850.850.910.910.90.510.840.820.990.630.22-0.840.890.960.860.980.97-0.510.79
-0.51-0.2-0.05-0.28-0.39-0.27-0.05-0.31-0.44-0.290.01-0.28-0.24-0.52-0.490.060.33-0.29-0.46-0.24-0.53-0.49-0.51-0.14
0.770.76-0.40.980.860.990.910.970.840.970.550.980.990.820.090.44-0.950.980.90.990.860.890.79-0.14
Click cells to compare fundamentals

British Amer Account Relationship Matchups

British Amer fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories5.86 B6.03 B6.09 B6 B5.28 B4.83 B
Receivables4.05 B3.59 B3.46 B3.72 B3.95 B3.45 B
Total Assets141.05 B146.34 B141 B137.69 B137.37 B131.04 B
Current Assets13.97 B12.65 B13.27 B13.61 B12.81 B13.12 B
Assets Non Current127.09 B133.69 B127.73 B124.08 B124.56 B117.91 B
Cash and Equivalents3.29 B2.6 B2.53 B3.14 B2.81 B2.93 B
Cash and Equivalents USD4.45 B3.3 B3.32 B4.3 B3.75 B3.93 B
Total Debt49.45 B47.51 B45.37 B43.97 B39.66 B40.27 B
Debt Current5.42 B4.22 B7.56 B4.04 B3.99 B4.21 B
Debt Non Current44.03 B43.28 B37.8 B39.93 B35.67 B36.05 B
Total Debt USD66.81 B60.29 B59.69 B60.23 B52.88 B53.71 B
Shareholders Equity60.76 B65.44 B63.9 B62.67 B65.42 B59.7 B
Shareholders Equity USD82.08 B83.05 B84.08 B85.85 B87.22 B79.65 B
Goodwill and Intangible Assets117.78 B124.01 B118.79 B115.34 B115.62 B108.59 B
Inventory5.86 B6.03 B6.09 B6 B5.28 B5.53 B
Investments1.68 B1.95 B2 B2.06 B2.45 B2.49 B
Investments Current65 M178 M123 M242 M456 M492 M
Investments Non Current1.62 B1.78 B1.87 B1.82 B2 B2.36 B
Total Liabilities80.07 B80.65 B76.84 B74.73 B69.96 B70.06 B
Current Liabilities15.61 B16.33 B18.82 B15.48 B15.14 B15.36 B
Liabilities Non Current64.47 B64.33 B58.02 B59.26 B54.82 B54.7 B
Trade and Non Trade Payables9.97 B11.69 B10.76 B10.76 B10.56 B10.08 B
Property Plant and Equipment Net4.88 B5.17 B5.52 B5.06 B4.95 B4.9 B
Trade and Non Trade Receivables4.81 B4.27 B4.34 B3.96 B4.16 B4.1 B
Accumulated Retained Earnings Deficit36.94 B38.56 B40.23 B42.04 B44.21 B38.05 B
Tax Assets793 M418 M546 M613 M728 M664.11 M
Tax Liabilities17.85 B18.63 B17.73 B17.18 B17.34 B16.4 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in British Amer without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

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Moving against British Amer

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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.
Pair CorrelationCorrelation Matching
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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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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.