British Total Debt vs Current Assets Analysis

BTI
 Stock
  

USD 43.28  0.37  0.86%   

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 Total Debt and its Current Assets accounts. Continue to Trending Equities.

Total Debt vs Current Assets

Total Debt vs Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of British American Tobacco Total Debt account and Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between British Amer's Total Debt and Current Assets is 0.9. Overlapping area represents the amount of variation of Total Debt that can explain the historical movement of Current 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 Total Debt and Current 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 Total Debt of British American Tobacco are associated (or correlated) with its Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Assets has no effect on the direction of Total Debt i.e., British Amer's Total Debt and Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Debt

Total Debt of British American Tobacco is a combination of both British Amer short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of British American Tobacco includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of Total Liabilities representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; operating lease obligations; and convertible notes.

Current Assets

Current assets of British American Tobacco include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of British Amer. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.
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.British Amer Net Cash Flow Business Acquisitions and Disposals is most likely to decrease significantly in the upcoming years. The last year's value of Net Cash Flow Business Acquisitions and Disposals was reported at 122 Million. The current Enterprise Value over EBITDA is estimated to increase to 10.38, 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

0.89-0.080.830.860.810.780.880.860.870.230.790.780.870.290.05-0.790.860.890.840.880.890.84-0.440.76
0.89-0.320.770.910.750.830.830.790.820.460.730.70.90.470.17-0.720.80.870.770.90.880.91-0.340.68
-0.08-0.32-0.41-0.33-0.41-0.35-0.33-0.23-0.34-0.98-0.45-0.41-0.260.0-0.90.43-0.36-0.34-0.36-0.35-0.37-0.29-0.09-0.4
0.830.77-0.410.841.00.870.990.860.990.540.990.990.79-0.020.46-0.980.990.910.990.870.920.76-0.20.98
0.860.91-0.330.840.810.90.90.890.880.50.780.760.990.520.18-0.770.880.960.840.980.960.98-0.430.74
0.810.75-0.411.00.810.860.980.850.980.541.01.00.76-0.060.47-0.980.990.90.990.850.90.73-0.180.99
0.780.83-0.350.870.90.860.910.760.910.530.830.830.830.260.29-0.780.910.860.90.830.840.8-0.040.86
0.880.83-0.330.990.90.980.910.91.00.480.960.960.860.110.33-0.951.00.950.990.910.950.84-0.260.95
0.860.79-0.230.860.890.850.760.90.870.370.830.820.890.270.14-0.840.880.960.850.90.940.87-0.430.79
0.870.82-0.340.990.880.980.911.00.870.480.970.970.850.080.35-0.951.00.930.990.90.930.82-0.230.96
0.230.46-0.980.540.50.540.530.480.370.480.560.520.430.10.86-0.530.50.490.50.50.520.450.040.52
0.790.73-0.450.990.781.00.830.960.830.970.561.00.74-0.10.52-0.990.980.880.980.830.890.7-0.170.98
0.780.7-0.410.990.761.00.830.960.820.970.521.00.7-0.150.5-0.980.970.860.980.80.860.67-0.120.99
0.870.9-0.260.790.990.760.830.860.890.850.430.740.70.580.11-0.730.840.960.790.980.960.99-0.560.68
0.290.470.0-0.020.52-0.060.260.110.270.080.1-0.1-0.150.58-0.330.120.060.35-0.010.450.350.61-0.55-0.16
0.050.17-0.90.460.180.470.290.330.140.350.860.520.50.11-0.33-0.50.380.250.40.250.30.10.160.49
-0.79-0.720.43-0.98-0.77-0.98-0.78-0.95-0.84-0.95-0.53-0.99-0.98-0.730.12-0.5-0.96-0.87-0.96-0.83-0.89-0.710.22-0.95
0.860.8-0.360.990.880.990.911.00.881.00.50.980.970.840.060.38-0.960.941.00.90.930.81-0.230.97
0.890.87-0.340.910.960.90.860.950.960.930.490.880.860.960.350.25-0.870.940.90.980.990.94-0.460.83
0.840.77-0.360.990.840.990.90.990.850.990.50.980.980.79-0.010.4-0.961.00.90.860.90.76-0.160.98
0.880.9-0.350.870.980.850.830.910.90.90.50.830.80.980.450.25-0.830.90.980.860.990.97-0.550.76
0.890.88-0.370.920.960.90.840.950.940.930.520.890.860.960.350.3-0.890.930.990.90.990.94-0.490.83
0.840.91-0.290.760.980.730.80.840.870.820.450.70.670.990.610.1-0.710.810.940.760.970.94-0.550.64
-0.44-0.34-0.09-0.2-0.43-0.18-0.04-0.26-0.43-0.230.04-0.17-0.12-0.56-0.550.160.22-0.23-0.46-0.16-0.55-0.49-0.55-0.03
0.760.68-0.40.980.740.990.860.950.790.960.520.980.990.68-0.160.49-0.950.970.830.980.760.830.64-0.03
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 B3.96 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 B53.85 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 B79.8 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

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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.

British Amer Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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 YOY
0.2
Market Capitalization
97.7 B
Return On Assets
0.05
Return On Equity
0.11
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.