Barrick Cost of Revenue vs Payout Ratio Analysis

GOLD Stock  USD 16.58  0.37  2.28%   
Barrick Gold financial indicator trend analysis is way more than just evaluating Barrick Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barrick Gold Corp is a good investment. Please check the relationship between Barrick Gold Cost Of Revenue and its Payout Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Payout Ratio

Cost of Revenue vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrick Gold Corp Cost of Revenue account and Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Barrick Gold's Cost of Revenue and Payout Ratio is 0.12. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Barrick Gold Corp, assuming nothing else is changed. The correlation between historical values of Barrick Gold's Cost of Revenue and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Barrick Gold Corp are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Cost of Revenue i.e., Barrick Gold's Cost of Revenue and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Barrick Gold Corp income statement and represents the costs associated with goods and services Barrick Gold provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Payout Ratio

Payout Ratio is the proportion of Barrick Gold Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Barrick Gold Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Barrick Gold Corp is paying out more in dividends than it makes in net income.
Most indicators from Barrick Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barrick Gold Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 226.7 M. The current year's Tax Provision is expected to grow to about 1.1 B
 2021 2022 2023 2024 (projected)
Gross Profit4.9B3.5B3.5B2.4B
Total Revenue12.0B11.0B11.4B5.7B

Barrick Gold fundamental ratios Correlations

0.63-0.130.830.310.670.57-0.44-0.30.310.830.60.780.830.850.370.130.250.030.170.77-0.150.620.940.75-0.14
0.630.450.360.830.960.990.180.230.680.811.00.80.810.640.370.670.720.40.720.930.340.170.440.590.4
-0.130.45-0.420.730.220.510.940.190.820.020.460.220.030.050.320.940.850.330.930.330.58-0.3-0.240.060.99
0.830.36-0.420.070.450.3-0.65-0.33-0.020.70.320.610.70.670.18-0.18-0.11-0.07-0.140.57-0.380.510.80.65-0.42
0.310.830.730.070.710.870.560.290.810.430.840.610.440.430.310.80.840.240.860.70.71-0.020.150.380.67
0.670.960.220.450.710.94-0.050.350.480.820.960.720.820.680.230.450.510.430.510.870.260.30.480.520.17
0.570.990.510.30.870.940.260.280.710.741.00.760.750.620.350.710.750.430.760.90.410.160.380.550.47
-0.440.180.94-0.650.56-0.050.260.210.65-0.280.21-0.04-0.28-0.240.170.80.710.250.780.030.59-0.46-0.49-0.170.93
-0.30.230.19-0.330.290.350.280.21-0.06-0.130.28-0.34-0.130.04-0.350.07-0.020.560.11-0.070.430.02-0.48-0.540.19
0.310.680.82-0.020.810.480.710.65-0.060.380.670.610.390.340.510.920.930.260.920.640.42-0.040.240.450.8
0.830.810.020.70.430.820.74-0.28-0.130.380.780.861.00.680.40.320.360.150.340.93-0.110.280.70.76-0.01
0.61.00.460.320.840.961.00.210.280.670.780.770.780.620.340.670.720.430.720.910.370.170.410.550.42
0.780.80.220.610.610.720.76-0.04-0.340.610.860.770.870.560.480.50.62-0.030.540.920.10.130.720.880.16
0.830.810.030.70.440.820.75-0.28-0.130.391.00.780.870.680.40.320.370.150.350.93-0.110.280.70.760.0
0.850.640.050.670.430.680.62-0.240.040.340.680.620.560.680.410.210.270.150.250.670.00.80.720.520.07
0.370.370.320.180.310.230.350.17-0.350.510.40.340.480.40.410.410.52-0.160.410.49-0.180.150.250.350.35
0.130.670.94-0.180.80.450.710.80.070.920.320.670.50.320.210.410.950.40.990.60.46-0.210.030.350.92
0.250.720.85-0.110.840.510.750.71-0.020.930.360.720.620.370.270.520.950.250.960.640.5-0.150.150.440.81
0.030.40.33-0.070.240.430.430.250.560.260.150.43-0.030.150.15-0.160.40.250.380.24-0.060.06-0.11-0.110.36
0.170.720.93-0.140.860.510.760.780.110.920.340.720.540.350.250.410.990.960.380.630.52-0.190.050.360.9
0.770.930.330.570.70.870.90.03-0.070.640.930.910.920.930.670.490.60.640.240.630.10.190.60.770.29
-0.150.340.58-0.380.710.260.410.590.430.42-0.110.370.1-0.110.0-0.180.460.5-0.060.520.1-0.22-0.2-0.070.5
0.620.17-0.30.51-0.020.30.16-0.460.02-0.040.280.170.130.280.80.15-0.21-0.150.06-0.190.19-0.220.60.28-0.25
0.940.44-0.240.80.150.480.38-0.49-0.480.240.70.410.720.70.720.250.030.15-0.110.050.6-0.20.60.81-0.26
0.750.590.060.650.380.520.55-0.17-0.540.450.760.550.880.760.520.350.350.44-0.110.360.77-0.070.280.810.02
-0.140.40.99-0.420.670.170.470.930.190.8-0.010.420.160.00.070.350.920.810.360.90.290.5-0.25-0.260.02
Click cells to compare fundamentals

Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B1.8B1.8B
Total Assets44.4B46.5B46.9B46.0B45.6B24.1B
Short Long Term Debt Total5.5B5.4B5.5B5.3B4.7B5.1B
Other Current Liab958M1.2B1.5B2.3B1.4B1.4B
Total Current Liabilities2.4B2.2B2.1B3.1B2.3B1.6B
Total Stockholder Equity21.4B23.3B23.9B22.8B23.2B11.8B
Property Plant And Equipment Net24.3B24.7B25.0B25.9B26.3B13.4B
Net Debt2.2B176M193M810M575.0M546.3M
Retained Earnings(9.7B)(7.9B)(6.6B)(7.3B)(6.7B)(6.3B)
Accounts Payable715M929M539M741M674.5M656.5M
Cash3.3B5.2B5.3B4.4B4.1B2.2B
Non Current Assets Total37.5B38.4B38.6B37.5B38.2B19.9B
Non Currrent Assets Other3.3B3.6B3.7B3.8B3.2B1.9B
Cash And Short Term Investments3.3B5.2B5.3B4.4B4.1B2.2B
Net Receivables665M766M942M906M1.2B1.2B
Liabilities And Stockholders Equity44.4B46.5B46.9B46.0B45.6B24.1B
Non Current Liabilities Total12.2B12.6B12.5B11.6B11.4B8.5B
Inventory2.3B1.9B1.7B1.8B1.8B1.3B
Other Stockholder Equity2.0B2.0B1.9B1.9B1.9B2.8B
Total Liab14.6B14.8B14.6B14.7B13.7B10.1B
Total Current Assets6.9B8.1B8.2B8.5B7.4B4.2B
Accumulated Other Comprehensive Income(122M)14M(23M)26M61.7M64.8M
Short Term Debt375M20M24M45M10.9M10.4M
Other Liab7.0B7.2B7.0B6.4B7.3B7.7B
Other Assets3.6B3.7B3.8B3.9B4.4B2.3B
Long Term Debt5.1B5.3B5.4B5.1B5.1B6.3B
Common Stock29.2B29.2B28.5B28.1B28.0B18.4B
Property Plant Equipment24.1B24.6B25.0B25.8B29.7B16.0B
Intangible Assets86M77M68M67M60.3M57.3M
Current Deferred Revenue328M47M43M54M301.4M320.7M
Property Plant And Equipment Gross24.1B24.6B65.2B68.8B71.1B74.7B
Common Stock Total Equity20.9B20.9B29.2B29.2B33.6B18.8B
Good Will1.3B1.2B4.8B3.6B3.6B3.7B
Net Tangible Assets16.4B18.4B18.9B19.0B21.9B11.8B
Long Term Investments4.8B5.1B5.0B4.1B4.3B3.0B

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When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Barrick Gold's price analysis, check to measure Barrick Gold'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 Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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Is Barrick Gold'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 Barrick Gold. If investors know Barrick 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 Barrick Gold 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
0.538
Dividend Share
0.4
Earnings Share
0.72
Revenue Per Share
6.494
Quarterly Revenue Growth
0.103
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold'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 Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold'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 Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold'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.