Baytex Average Payables vs Free Cash Flow Yield Analysis

BTE Stock

CAD 4.79 0.07 1.48%

Baytex Energy financial indicator trend analysis is way more than just evaluating Baytex Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baytex Energy Corp is a good investment. Please check the relationship between Baytex Energy Average Payables and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy 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 board of governors.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baytex Energy Corp Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Baytex Energy's Average Payables and Free Cash Flow Yield is 0.16. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Baytex Energy Corp, assuming nothing else is changed. The correlation between historical values of Baytex Energy's Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Baytex Energy Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., Baytex Energy's Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Baytex Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baytex Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy 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 board of governors.

At this time, Baytex Energy's Selling General Administrative is very stable compared to the past year. As of the 29th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Tax Provision is likely to drop (297.4 M).

	2021	2022	2023	2024 (projected)
Interest Expense	92.1M	80.4M	159.8M	167.8M
Depreciation And Amortization	464.6M	587.1M	675.1M	708.9M

Interest Expense Depreciation And Amortization

Baytex Energy fundamental ratios Correlations

	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	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash	Cash And Short Term Investments	Other Current Assets	Inventory	Short Term Debt	Intangible Assets	Good Will	Other Liab
Total Assets		0.59	-0.06	0.79	0.95	1.0	0.91	-0.55	0.82	1.0	0.3	0.68	0.71	0.92	-0.27	0.94	0.79	0.73	0.44	-0.24	0.18	0.37	-0.02	-0.56	0.85	0.86
Short Long Term Debt Total	0.59		0.14	0.14	0.36	0.63	0.74	-0.59	0.16	0.61	0.44	-0.08	0.16	0.81	-0.32	0.75	0.08	0.08	-0.37	-0.55	0.3	0.36	0.36	0.2	0.72	0.77
Other Current Liab	-0.06	0.14		0.14	-0.15	-0.06	-0.06	-0.08	-0.07	-0.07	-0.31	0.01	-0.07	0.02	0.08	0.04	0.03	0.03	-0.39	-0.43	0.1	-0.23	0.17	0.25	-0.01	0.17
Total Current Liabilities	0.79	0.14	0.14		0.77	0.73	0.64	-0.24	0.97	0.76	-0.1	0.91	0.66	0.63	0.01	0.71	0.8	0.97	0.66	-0.08	0.26	-0.08	-0.1	-0.73	0.49	0.65
Total Stockholder Equity	0.95	0.36	-0.15	0.77		0.94	0.75	-0.4	0.81	0.94	0.31	0.75	0.71	0.75	-0.2	0.79	0.85	0.74	0.56	-0.02	0.08	0.35	-0.13	-0.6	0.72	0.72
Property Plant And Equipment Net	1.0	0.63	-0.06	0.73	0.94		0.92	-0.59	0.76	1.0	0.34	0.63	0.71	0.93	-0.3	0.94	0.77	0.67	0.39	-0.27	0.15	0.43	-0.02	-0.52	0.87	0.87
Net Debt	0.91	0.74	-0.06	0.64	0.75	0.92		-0.68	0.66	0.91	0.28	0.47	0.64	0.98	-0.32	0.98	0.59	0.55	0.32	-0.42	0.18	0.45	0.1	-0.49	0.89	0.83
Retained Earnings	-0.55	-0.59	-0.08	-0.24	-0.4	-0.59	-0.68		-0.2	-0.58	-0.2	-0.21	-0.74	-0.69	0.36	-0.65	-0.52	-0.06	0.04	0.7	0.35	-0.76	0.3	0.21	-0.81	-0.61
Accounts Payable	0.82	0.16	-0.07	0.97	0.81	0.76	0.66	-0.2		0.79	-0.02	0.88	0.63	0.65	0.0	0.73	0.76	0.97	0.69	0.01	0.32	-0.07	-0.08	-0.73	0.49	0.66
Non Current Assets Total	1.0	0.61	-0.07	0.76	0.94	1.0	0.91	-0.58	0.79		0.32	0.65	0.71	0.93	-0.28	0.94	0.78	0.7	0.42	-0.25	0.17	0.41	-0.02	-0.54	0.87	0.87
Non Currrent Assets Other	0.3	0.44	-0.31	-0.1	0.31	0.34	0.28	-0.2	-0.02	0.32		-0.11	0.13	0.3	-0.12	0.26	-0.03	-0.11	-0.09	0.11	-0.01	0.27	-0.33	0.14	0.21	0.26
Net Receivables	0.68	-0.08	0.01	0.91	0.75	0.63	0.47	-0.21	0.88	0.65	-0.11		0.73	0.45	0.16	0.53	0.82	0.89	0.72	0.01	-0.07	-0.07	-0.27	-0.76	0.38	0.47
Common Stock Shares Outstanding	0.71	0.16	-0.07	0.66	0.71	0.71	0.64	-0.74	0.63	0.71	0.13	0.73		0.6	-0.22	0.64	0.88	0.53	0.55	-0.31	-0.36	0.55	-0.58	-0.7	0.7	0.54
Non Current Liabilities Total	0.92	0.81	0.02	0.63	0.75	0.93	0.98	-0.69	0.65	0.93	0.3	0.45	0.6		-0.34	0.99	0.58	0.56	0.2	-0.47	0.25	0.41	0.12	-0.39	0.9	0.91
Other Stockholder Equity	-0.27	-0.32	0.08	0.01	-0.2	-0.3	-0.32	0.36	0.0	-0.28	-0.12	0.16	-0.22	-0.34		-0.31	-0.2	0.04	0.01	0.19	-0.17	-0.46	-0.01	0.06	-0.44	-0.26
Total Liab	0.94	0.75	0.04	0.71	0.79	0.94	0.98	-0.65	0.73	0.94	0.26	0.53	0.64	0.99	-0.31		0.64	0.64	0.27	-0.44	0.27	0.36	0.1	-0.45	0.89	0.92
Property Plant And Equipment Gross	0.79	0.08	0.03	0.8	0.85	0.77	0.59	-0.52	0.76	0.78	-0.03	0.82	0.88	0.58	-0.2	0.64		0.69	0.63	-0.17	-0.14	0.42	-0.37	-0.73	0.68	0.58
Total Current Assets	0.73	0.08	0.03	0.97	0.74	0.67	0.55	-0.06	0.97	0.7	-0.11	0.89	0.53	0.56	0.04	0.64	0.69		0.68	0.08	0.38	-0.24	0.0	-0.68	0.38	0.59
Cash	0.44	-0.37	-0.39	0.66	0.56	0.39	0.32	0.04	0.69	0.42	-0.09	0.72	0.55	0.2	0.01	0.27	0.63	0.68		0.44	-0.06	0.04	-0.31	-0.89	0.15	0.04
Cash And Short Term Investments	-0.24	-0.55	-0.43	-0.08	-0.02	-0.27	-0.42	0.7	0.01	-0.25	0.11	0.01	-0.31	-0.47	0.19	-0.44	-0.17	0.08	0.44		0.14	-0.37	-0.07	-0.1	-0.54	-0.49
Other Current Assets	0.18	0.3	0.1	0.26	0.08	0.15	0.18	0.35	0.32	0.17	-0.01	-0.07	-0.36	0.25	-0.17	0.27	-0.14	0.38	-0.06	0.14		-0.47	0.53	0.11	0.03	0.35
Inventory	0.37	0.36	-0.23	-0.08	0.35	0.43	0.45	-0.76	-0.07	0.41	0.27	-0.07	0.55	0.41	-0.46	0.36	0.42	-0.24	0.04	-0.37	-0.47		-0.29	-0.19	0.69	0.25
Short Term Debt	-0.02	0.36	0.17	-0.1	-0.13	-0.02	0.1	0.3	-0.08	-0.02	-0.33	-0.27	-0.58	0.12	-0.01	0.1	-0.37	0.0	-0.31	-0.07	0.53	-0.29		0.3	0.02	0.09
Intangible Assets	-0.56	0.2	0.25	-0.73	-0.6	-0.52	-0.49	0.21	-0.73	-0.54	0.14	-0.76	-0.7	-0.39	0.06	-0.45	-0.73	-0.68	-0.89	-0.1	0.11	-0.19	0.3		-0.37	-0.19
Good Will	0.85	0.72	-0.01	0.49	0.72	0.87	0.89	-0.81	0.49	0.87	0.21	0.38	0.7	0.9	-0.44	0.89	0.68	0.38	0.15	-0.54	0.03	0.69	0.02	-0.37		0.81
Other Liab	0.86	0.77	0.17	0.65	0.72	0.87	0.83	-0.61	0.66	0.87	0.26	0.47	0.54	0.91	-0.26	0.92	0.58	0.59	0.04	-0.49	0.35	0.25	0.09	-0.19	0.81

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Baytex Energy Account Relationship Matchups

Baytex Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9B	3.4B	4.8B	5.1B	7.5B	7.8B
Short Long Term Debt Total	1.8B	1.8B	1.4B	937.2M	1.1B	884.5M
Other Current Liab	20.2M	38.6M	145.1M	12.8M	14.7M	14.0M
Total Current Liabilities	233.5M	198.9M	338.7M	288.5M	558.0M	585.9M
Total Stockholder Equity	2.9B	578.2M	2.2B	3.0B	3.8B	4.0B
Property Plant And Equipment Net	5.7B	3.3B	4.7B	4.8B	6.7B	7.1B
Net Debt	1.8B	1.8B	1.4B	931.7M	2.4B	2.5B
Retained Earnings	(3.3B)	(5.8B)	(4.2B)	(3.3B)	(3.6B)	(3.4B)
Accounts Payable	207.5M	156.0M	190.7M	272.2M	477.3M	501.2M
Non Current Assets Total	5.7B	3.3B	4.7B	4.9B	7.0B	7.4B
Net Receivables	173.8M	107.5M	173.4M	228.5M	339.4M	356.4M
Common Stock Shares Outstanding	557.0M	560.7M	571.6M	563.8M	845.4M	887.6M
Liabilities And Stockholders Equity	5.9B	3.4B	4.8B	5.1B	5.9B	6.2B
Non Current Liabilities Total	2.7B	2.6B	2.3B	1.8B	3.1B	3.2B
Other Stockholder Equity	17.7M	14.3M	13.6M	89.9M	80.9M	76.8M
Total Liab	3.0B	2.8B	2.6B	2.1B	3.6B	3.8B
Property Plant And Equipment Gross	5.7B	3.3B	11.8B	12.2B	15.7B	16.4B
Total Current Assets	184.8M	112.5M	182.1M	244.1M	440.0M	462.0M
Accumulated Other Comprehensive Income	556.2M	619.0M	632.1M	756.2M	869.6M	913.1M
Other Current Assets	5.4M	5.1M	8.7M	10.1M	21.5M	32.1M
Short Term Debt	5.8M	4.3M	2.9M	3.5M	4.0M	3.8M
Other Liab	891.7M	842.2M	900.1M	851.2M	978.9M	839.3M
Net Tangible Assets	2.9B	578.2M	2.2B	3.0B	3.5B	2.3B
Long Term Debt	1.8B	1.8B	1.4B	930.6M	2.4B	1.7B
Common Stock	5.7B	5.7B	5.7B	5.5B	6.3B	4.6B
Property Plant Equipment	5.7B	3.3B	4.7B	4.8B	5.5B	4.8B
Common Stock Total Equity	4.4B	5.7B	5.7B	5.7B	6.6B	4.6B
Long Term Debt Total	1.8B	1.8B	1.4B	933.6M	840.3M	1.3B
Capital Surpluse	17.7M	14.3M	13.6M	89.9M	103.4M	108.5M
Current Deferred Revenue	2.6M	2.0M	11.6M	11.8M	13.6M	8.2M
Net Invested Capital	4.8B	2.4B	3.6B	4.0B	6.2B	4.7B

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When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy'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 Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:

How To Invest In Baytex

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Is Baytex Stock a good investment?

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What is Baytex Energy's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy 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 board of governors.

Note that the Baytex Energy Corp information on this page should be used as a complementary analysis to other Baytex Energy'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 the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Baytex Energy's price analysis, check to measure Baytex Energy'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 Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy'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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Baytex Average Payables vs Free Cash Flow Yield Analysis

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Average Payables

Free Cash Flow Yield

Baytex Energy fundamental ratios Correlations

Baytex Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baytex Energy fundamental ratios Accounts

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

Complementary Tools for Baytex Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Net Debt
Total Liab	+ 0.98	Net Debt

Intangible Assets	- 0.89	Cash
Good Will	- 0.81	Retained Earnings
Intangible Assets	- 0.76	Net Receivables
Inventory	- 0.76	Retained Earnings
Common Stock Shares Outstanding	- 0.74	Retained Earnings
Intangible Assets	- 0.73	Property Plant And Equipment Gross