Batm Short Term Investments vs Other Current Liab Analysis

BVC Stock   16.35  0.30  1.87%   
Batm Advanced financial indicator trend analysis is way more than just evaluating Batm Advanced Commun prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Batm Advanced Commun is a good investment. Please check the relationship between Batm Advanced Short Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Batm Advanced Communications. 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.

Short Term Investments vs Other Current Liab

Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batm Advanced Commun Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Batm Advanced's Short Term Investments and Other Current Liab is -0.06. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Batm Advanced Communications, assuming nothing else is changed. The correlation between historical values of Batm Advanced's Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Batm Advanced Communications are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Term Investments i.e., Batm Advanced's Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Batm Advanced balance sheet. It contains any investments Batm Advanced Communications undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Batm Advanced Commun can easily liquidate in the marketplace.

Other Current Liab

Most indicators from Batm Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Batm Advanced Commun 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 Batm Advanced Communications. 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.
The current year's Tax Provision is expected to grow to about 2.1 M, whereas Selling General Administrative is forecasted to decline to about 3.3 M.
 2023 2024 2025 2026 (projected)
Interest Expense1.3M1.4M1.2M1.2M
Depreciation And Amortization5.2M5.0M5.7M5.0M

Batm Advanced fundamental ratios Correlations

0.740.860.910.920.89-0.61-0.53-0.740.860.690.930.550.780.520.810.850.060.80.830.20.810.910.550.990.7
0.740.720.80.620.68-0.31-0.36-0.390.710.630.730.110.60.260.610.59-0.130.870.580.390.490.830.350.720.86
0.860.720.920.810.76-0.68-0.52-0.640.740.660.840.410.680.640.610.66-0.060.820.670.170.640.920.150.870.65
0.910.80.920.80.75-0.71-0.52-0.650.930.680.850.420.630.660.820.84-0.140.870.860.150.730.990.420.930.72
0.920.620.810.80.93-0.52-0.52-0.750.720.630.970.570.830.440.570.630.220.70.730.220.730.80.320.910.57
0.890.680.760.750.93-0.32-0.45-0.70.670.60.920.530.830.320.590.620.30.780.640.350.740.780.30.870.61
-0.61-0.31-0.68-0.71-0.52-0.320.330.64-0.68-0.38-0.56-0.55-0.21-0.92-0.62-0.640.33-0.52-0.630.37-0.59-0.69-0.33-0.62-0.42
-0.53-0.36-0.52-0.52-0.52-0.450.330.11-0.43-0.95-0.420.0-0.76-0.33-0.33-0.360.47-0.44-0.320.2-0.15-0.51-0.12-0.59-0.11
-0.74-0.39-0.64-0.65-0.75-0.70.640.11-0.59-0.22-0.77-0.69-0.36-0.55-0.6-0.65-0.19-0.57-0.63-0.18-0.95-0.65-0.33-0.7-0.63
0.860.710.740.930.720.67-0.68-0.43-0.590.580.780.460.510.630.90.89-0.130.790.930.050.710.920.620.870.64
0.690.630.660.680.630.6-0.38-0.95-0.220.580.590.040.840.350.490.51-0.440.640.45-0.040.290.690.250.730.38
0.930.730.840.850.970.92-0.56-0.42-0.770.780.590.580.750.490.630.670.170.810.770.220.760.860.350.90.71
0.550.110.410.420.570.53-0.550.0-0.690.460.040.580.220.490.50.530.310.330.59-0.160.650.410.390.510.27
0.780.60.680.630.830.83-0.21-0.76-0.360.510.840.750.220.160.390.430.110.610.460.20.390.640.210.80.37
0.520.260.640.660.440.32-0.92-0.33-0.550.630.350.490.490.160.560.56-0.330.590.5-0.460.520.660.150.530.32
0.810.610.610.820.570.59-0.62-0.33-0.60.90.490.630.50.390.560.99-0.130.680.870.030.790.810.750.810.63
0.850.590.660.840.630.62-0.64-0.36-0.650.890.510.670.530.430.560.99-0.110.670.890.050.830.820.730.850.62
0.06-0.13-0.06-0.140.220.30.330.47-0.19-0.13-0.440.170.310.11-0.33-0.13-0.11-0.120.020.410.17-0.14-0.060.02-0.07
0.80.870.820.870.70.78-0.52-0.44-0.570.790.640.810.330.610.590.680.67-0.120.620.120.640.920.280.790.76
0.830.580.670.860.730.64-0.63-0.32-0.630.930.450.770.590.460.50.870.890.020.620.090.740.830.650.830.56
0.20.390.170.150.220.350.370.2-0.180.05-0.040.22-0.160.2-0.460.030.050.410.120.090.250.150.020.190.44
0.810.490.640.730.730.74-0.59-0.15-0.950.710.290.760.650.390.520.790.830.170.640.740.250.720.520.780.7
0.910.830.920.990.80.78-0.69-0.51-0.650.920.690.860.410.640.660.810.82-0.140.920.830.150.720.40.920.75
0.550.350.150.420.320.3-0.33-0.12-0.330.620.250.350.390.210.150.750.73-0.060.280.650.020.520.40.530.46
0.990.720.870.930.910.87-0.62-0.59-0.70.870.730.90.510.80.530.810.850.020.790.830.190.780.920.530.66
0.70.860.650.720.570.61-0.42-0.11-0.630.640.380.710.270.370.320.630.62-0.070.760.560.440.70.750.460.66
Click cells to compare fundamentals

Batm Advanced Account Relationship Matchups

Batm Advanced fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets193.2M175.2M174.6M149.2M171.5M168.0M
Short Long Term Debt Total10.3M10.0M9.1M8.7M9.9M7.6M
Other Current Liab26.8M25.3M16.6M16.6M19.1M16.7M
Total Current Liabilities57.9M51.3M47.1M46.6M53.6M35.2M
Total Stockholder Equity127.4M115.1M120.3M94.1M84.7M91.8M
Property Plant And Equipment Net24.7M20.8M20.4M16.2M18.6M17.5M
Net Debt(55.0M)(25.2M)(23.3M)(17.2M)(19.8M)(20.8M)
Retained Earnings(279.9M)(279.6M)(279.8M)(302.2M)(271.9M)(285.5M)
Accounts Payable20.7M21.0M22.5M20.9M24.0M14.0M
Cash65.3M35.2M32.3M25.9M29.8M32.8M
Non Current Assets Total59.5M60.1M64.4M50.6M45.5M44.5M
Non Currrent Assets Other4.2M9.6M12.5M6.2M7.2M7.5M
Cash And Short Term Investments67.8M44.2M40.8M31.6M28.4M39.9M
Net Receivables26.9M27.8M24.3M26.2M30.1M18.4M
Common Stock Shares Outstanding444.3M442.4M436.8M437.0M502.6M440.5M
Short Term Investments2.4M9.0M8.4M5.7M5.1M4.8M
Liabilities And Stockholders Equity193.2M175.2M174.6M149.2M171.5M168.0M
Non Current Liabilities Total11.1M9.9M8.1M9.6M11.0M7.2M
Inventory31.0M34.5M38.2M32.7M37.6M22.6M
Other Current Assets8.0M8.7M6.9M8.1M9.3M9.3M
Other Stockholder Equity406.0M393.3M398.8M429.6M494.0M421.3M
Total Liab69.0M61.2M55.2M56.2M64.6M42.4M
Property Plant And Equipment Gross24.7M20.8M53.4M47.8M55.0M57.7M
Total Current Assets133.6M115.1M110.2M98.6M113.3M106.8M
Accumulated Other Comprehensive Income(19.8M)(32.8M)(29.9M)(34.7M)(31.2M)(29.7M)
Short Term Debt3.8M4.2M5.1M6.3M5.7M5.8M
Intangible Assets4.6M5.9M8.0M8.0M7.2M6.8M
Other Liab7.6M8.0M4.7M4.1M4.7M4.4M
Good Will11.4M12.6M12.8M3.3M3.0M2.9M
Property Plant Equipment24.1M25.7M24.7M20.8M23.9M18.6M
Other Assets5.1M7.6M5.1M4.0M4.6M5.9M
Long Term Debt762K675K1.4M2M1.3M0.0
Net Tangible Assets85.1M98.9M111.4M96.5M111.0M90.8M
Short Long Term Debt1.6M2.2M3.3M4.3M3.8M3.3M
Non Current Liabilities Other3.9M3.5M3.4M6.6M7.6M4.0M

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Other Information on Investing in Batm Stock

Balance Sheet is a snapshot of the financial position of Batm Advanced Commun at a specified time, usually calculated after every quarter, six months, or one year. Batm Advanced Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Batm Advanced and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Batm currently owns. An asset can also be divided into two categories, current and non-current.