Barrick Payout Ratio vs Operating Income Analysis

GOLD Stock

USD 17.37 0.49 2.74%

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 Payout Ratio and its Operating Income 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.

Payout Ratio vs Operating Income

Payout Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrick Gold Corp Payout Ratio account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Barrick Gold's Payout Ratio and Operating Income is -0.13. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Operating Income 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 Payout Ratio and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Barrick Gold Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Payout Ratio i.e., Barrick Gold's Payout Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Operating Income

Operating Income is the amount of profit realized from Barrick Gold Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Barrick Gold Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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.

At present, Barrick Gold's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.68, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.01.

	2021	2022	2023	2024 (projected)
Gross Profit	4.9B	3.5B	3.5B	2.4B
Total Revenue	12.0B	11.0B	11.4B	5.7B

Gross Profit Total Revenue

Barrick Gold fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Assets	Other Liab	Other Assets	Long Term Debt
Common Stock Shares Outstanding		0.63	-0.13	0.83	0.31	0.67	0.57	-0.44	-0.3	0.31	0.83	0.6	0.78	0.83	0.85	0.37	0.13	0.25	0.03	0.17	0.77	-0.15	0.62	0.94	0.75	-0.14
Total Assets	0.63		0.45	0.36	0.83	0.96	0.99	0.18	0.23	0.68	0.81	1.0	0.8	0.81	0.64	0.37	0.67	0.72	0.4	0.72	0.93	0.34	0.17	0.44	0.59	0.4
Short Long Term Debt Total	-0.13	0.45		-0.42	0.73	0.22	0.51	0.94	0.19	0.82	0.02	0.46	0.22	0.03	0.05	0.32	0.94	0.85	0.33	0.93	0.33	0.58	-0.3	-0.24	0.06	0.99
Other Current Liab	0.83	0.36	-0.42		0.07	0.45	0.3	-0.65	-0.33	-0.02	0.7	0.32	0.61	0.7	0.67	0.18	-0.18	-0.11	-0.07	-0.14	0.57	-0.38	0.51	0.8	0.65	-0.42
Total Current Liabilities	0.31	0.83	0.73	0.07		0.71	0.87	0.56	0.29	0.81	0.43	0.84	0.61	0.44	0.43	0.31	0.8	0.84	0.24	0.86	0.7	0.71	-0.02	0.15	0.38	0.67
Total Stockholder Equity	0.67	0.96	0.22	0.45	0.71		0.94	-0.05	0.35	0.48	0.82	0.96	0.72	0.82	0.68	0.23	0.45	0.51	0.43	0.51	0.87	0.26	0.3	0.48	0.52	0.17
Property Plant And Equipment Net	0.57	0.99	0.51	0.3	0.87	0.94		0.26	0.28	0.71	0.74	1.0	0.76	0.75	0.62	0.35	0.71	0.75	0.43	0.76	0.9	0.41	0.16	0.38	0.55	0.47
Net Debt	-0.44	0.18	0.94	-0.65	0.56	-0.05	0.26		0.21	0.65	-0.28	0.21	-0.04	-0.28	-0.24	0.17	0.8	0.71	0.25	0.78	0.03	0.59	-0.46	-0.49	-0.17	0.93
Retained Earnings	-0.3	0.23	0.19	-0.33	0.29	0.35	0.28	0.21		-0.06	-0.13	0.28	-0.34	-0.13	0.04	-0.35	0.07	-0.02	0.56	0.11	-0.07	0.43	0.02	-0.48	-0.54	0.19
Accounts Payable	0.31	0.68	0.82	-0.02	0.81	0.48	0.71	0.65	-0.06		0.38	0.67	0.61	0.39	0.34	0.51	0.92	0.93	0.26	0.92	0.64	0.42	-0.04	0.24	0.45	0.8
Cash	0.83	0.81	0.02	0.7	0.43	0.82	0.74	-0.28	-0.13	0.38		0.78	0.86	1.0	0.68	0.4	0.32	0.36	0.15	0.34	0.93	-0.11	0.28	0.7	0.76	-0.01
Non Current Assets Total	0.6	1.0	0.46	0.32	0.84	0.96	1.0	0.21	0.28	0.67	0.78		0.77	0.78	0.62	0.34	0.67	0.72	0.43	0.72	0.91	0.37	0.17	0.41	0.55	0.42
Non Currrent Assets Other	0.78	0.8	0.22	0.61	0.61	0.72	0.76	-0.04	-0.34	0.61	0.86	0.77		0.87	0.56	0.48	0.5	0.62	-0.03	0.54	0.92	0.1	0.13	0.72	0.88	0.16
Cash And Short Term Investments	0.83	0.81	0.03	0.7	0.44	0.82	0.75	-0.28	-0.13	0.39	1.0	0.78	0.87		0.68	0.4	0.32	0.37	0.15	0.35	0.93	-0.11	0.28	0.7	0.76	0.0
Net Receivables	0.85	0.64	0.05	0.67	0.43	0.68	0.62	-0.24	0.04	0.34	0.68	0.62	0.56	0.68		0.41	0.21	0.27	0.15	0.25	0.67	0.0	0.8	0.72	0.52	0.07
Short Term Investments	0.37	0.37	0.32	0.18	0.31	0.23	0.35	0.17	-0.35	0.51	0.4	0.34	0.48	0.4	0.41		0.41	0.52	-0.16	0.41	0.49	-0.18	0.15	0.25	0.35	0.35
Non Current Liabilities Total	0.13	0.67	0.94	-0.18	0.8	0.45	0.71	0.8	0.07	0.92	0.32	0.67	0.5	0.32	0.21	0.41		0.95	0.4	0.99	0.6	0.46	-0.21	0.03	0.35	0.92
Inventory	0.25	0.72	0.85	-0.11	0.84	0.51	0.75	0.71	-0.02	0.93	0.36	0.72	0.62	0.37	0.27	0.52	0.95		0.25	0.96	0.64	0.5	-0.15	0.15	0.44	0.81
Other Stockholder Equity	0.03	0.4	0.33	-0.07	0.24	0.43	0.43	0.25	0.56	0.26	0.15	0.43	-0.03	0.15	0.15	-0.16	0.4	0.25		0.38	0.24	-0.06	0.06	-0.11	-0.11	0.36
Total Liab	0.17	0.72	0.93	-0.14	0.86	0.51	0.76	0.78	0.11	0.92	0.34	0.72	0.54	0.35	0.25	0.41	0.99	0.96	0.38		0.63	0.52	-0.19	0.05	0.36	0.9
Total Current Assets	0.77	0.93	0.33	0.57	0.7	0.87	0.9	0.03	-0.07	0.64	0.93	0.91	0.92	0.93	0.67	0.49	0.6	0.64	0.24	0.63		0.1	0.19	0.6	0.77	0.29
Short Term Debt	-0.15	0.34	0.58	-0.38	0.71	0.26	0.41	0.59	0.43	0.42	-0.11	0.37	0.1	-0.11	0.0	-0.18	0.46	0.5	-0.06	0.52	0.1		-0.22	-0.2	-0.07	0.5
Other Current Assets	0.62	0.17	-0.3	0.51	-0.02	0.3	0.16	-0.46	0.02	-0.04	0.28	0.17	0.13	0.28	0.8	0.15	-0.21	-0.15	0.06	-0.19	0.19	-0.22		0.6	0.28	-0.25
Other Liab	0.94	0.44	-0.24	0.8	0.15	0.48	0.38	-0.49	-0.48	0.24	0.7	0.41	0.72	0.7	0.72	0.25	0.03	0.15	-0.11	0.05	0.6	-0.2	0.6		0.81	-0.26
Other Assets	0.75	0.59	0.06	0.65	0.38	0.52	0.55	-0.17	-0.54	0.45	0.76	0.55	0.88	0.76	0.52	0.35	0.35	0.44	-0.11	0.36	0.77	-0.07	0.28	0.81		0.02
Long Term Debt	-0.14	0.4	0.99	-0.42	0.67	0.17	0.47	0.93	0.19	0.8	-0.01	0.42	0.16	0.0	0.07	0.35	0.92	0.81	0.36	0.9	0.29	0.5	-0.25	-0.26	0.02

Click cells to compare fundamentals

Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B
Total Assets	44.4B	46.5B	46.9B	46.0B	45.6B	24.1B
Short Long Term Debt Total	5.5B	5.4B	5.5B	5.3B	4.7B	5.1B
Other Current Liab	958M	1.2B	1.5B	2.3B	1.4B	1.4B
Total Current Liabilities	2.4B	2.2B	2.1B	3.1B	2.3B	1.6B
Total Stockholder Equity	21.4B	23.3B	23.9B	22.8B	23.2B	11.8B
Property Plant And Equipment Net	24.3B	24.7B	25.0B	25.9B	26.3B	13.4B
Net Debt	2.2B	176M	193M	810M	575.0M	546.3M
Retained Earnings	(9.7B)	(7.9B)	(6.6B)	(7.3B)	(6.7B)	(6.3B)
Accounts Payable	715M	929M	539M	741M	674.5M	656.5M
Cash	3.3B	5.2B	5.3B	4.4B	4.1B	2.2B
Non Current Assets Total	37.5B	38.4B	38.6B	37.5B	38.2B	19.9B
Non Currrent Assets Other	3.3B	3.6B	3.7B	3.8B	3.2B	1.9B
Cash And Short Term Investments	3.3B	5.2B	5.3B	4.4B	4.1B	2.2B
Net Receivables	665M	766M	942M	906M	1.2B	1.2B
Liabilities And Stockholders Equity	44.4B	46.5B	46.9B	46.0B	45.6B	24.1B
Non Current Liabilities Total	12.2B	12.6B	12.5B	11.6B	11.4B	8.5B
Inventory	2.3B	1.9B	1.7B	1.8B	1.8B	1.3B
Other Stockholder Equity	2.0B	2.0B	1.9B	1.9B	1.9B	2.8B
Total Liab	14.6B	14.8B	14.6B	14.7B	13.7B	10.1B
Total Current Assets	6.9B	8.1B	8.2B	8.5B	7.4B	4.2B
Accumulated Other Comprehensive Income	(122M)	14M	(23M)	26M	61.7M	64.8M
Short Term Debt	375M	20M	24M	45M	10.9M	10.4M
Other Liab	7.0B	7.2B	7.0B	6.4B	7.3B	7.7B
Other Assets	3.6B	3.7B	3.8B	3.9B	4.4B	2.3B
Long Term Debt	5.1B	5.3B	5.4B	5.1B	5.1B	6.3B
Common Stock	29.2B	29.2B	28.5B	28.1B	28.0B	18.4B
Property Plant Equipment	24.1B	24.6B	25.0B	25.8B	29.7B	16.0B
Intangible Assets	86M	77M	68M	67M	60.3M	57.3M
Current Deferred Revenue	328M	47M	43M	54M	301.4M	320.7M
Property Plant And Equipment Gross	24.1B	24.6B	65.2B	68.8B	71.1B	74.7B
Common Stock Total Equity	20.9B	20.9B	29.2B	29.2B	33.6B	18.8B
Good Will	1.3B	1.2B	4.8B	3.6B	3.6B	3.7B
Net Tangible Assets	16.4B	18.4B	18.9B	19.0B	21.9B	11.8B
Long Term Investments	4.8B	5.1B	5.0B	4.1B	4.3B	3.0B

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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:

How To Invest In Barrick

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Is Barrick Stock a good investment?

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What is Barrick Gold's Net Worth?

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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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Barrick Stock analysis

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.

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Barrick Payout Ratio vs Operating Income Analysis

Payout Ratio vs Operating Income

Payout Ratio vs Operating Income Correlation Analysis

Correlation Coefficient

Payout Ratio

Operating Income

Barrick Gold fundamental ratios Correlations

Barrick Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Barrick Gold fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Barrick Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total

Net Debt	- 0.65	Other Current Liab
Other Assets	- 0.54	Retained Earnings
Other Liab	- 0.49	Net Debt
Other Liab	- 0.48	Retained Earnings
Other Current Assets	- 0.46	Net Debt
Net Debt	- 0.44	Common Stock Shares Outstanding