Baytex Book Value Per Share vs Capex To Depreciation Analysis
BTE Stock | CAD 4.59 0.07 1.50% |
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 Book Value Per Share and its Capex To Depreciation 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baytex Energy Corp Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Baytex Energy's Book Value Per Share and Capex To Depreciation is 0.15. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation 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 Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Baytex Energy Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Baytex Energy's Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 closely tied 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 10th of June 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 |
Baytex Energy fundamental ratios Correlations
Click cells to compare fundamentals
Baytex Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Baytex Stock
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: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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.