Bhp Billiton Return on Invested Capital Trend from 2010 to 2022


USD 55.76  0.41  0.74%   

Bhp Billiton Return on Invested Capital yearly trend continues to be very stable with very little volatility. Return on Invested Capital is likely to drop to 0.21. During the period from 2010 to 2022, Bhp Billiton Return on Invested Capital quarterly data regression pattern had range of 0.29 and standard deviation of  0.08. Bhp Billiton Net Loss Income from Discontinued Operations is very stable at the moment as compared to the past year. Bhp Billiton reported last year Net Loss Income from Discontinued Operations of 202.5 Million. As of 13th of August 2022, Net Income to Non Controlling Interests is likely to grow to about 2.7 B, while Gross Profit is likely to drop about 47.1 B.
Check Bhp Billiton financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bhp Billiton main balance sheet or income statement drivers, such as Consolidated Income of 9.9 B, Earning Before Interest and Taxes EBIT of 17 B or Gross Profit of 47.1 B, as well as many exotic indicators such as Asset Turnover of 0.42, Book Value per Share of 19.06 or Current Ratio of 1.86. Bhp Billiton financial statements analysis is a perfect complement when working with Bhp Billiton Valuation or Volatility modules. It can also supplement Bhp Billiton's financial leverage analysis and stock options assessment as well as various Bhp Billiton Technical models . Continue to the analysis of Bhp Billiton Correlation against competitors.

Bhp Billiton Return on Invested Capital Breakdown

Showing smoothed Return on Invested Capital of Bhp Billiton with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.Bhp Billiton's Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bhp Billiton's overall financial position and show how it may be relating to other accounts over time.
Return on Invested Capital10 Years Trend
   Return on Invested Capital   

Bhp Billiton Return on Invested Capital Regression Statistics

Arithmetic Mean 0.15
Coefficient Of Variation 54.87
Mean Deviation 0.06
Median 0.14
Standard Deviation 0.08
Sample Variance 0.006527
Range 0.29
R-Value 0.20
Mean Square Error 0.006829
R-Squared 0.041006
Significance 0.51
Slope 0.004201
Total Sum of Squares 0.08

Bhp Billiton Return on Invested Capital History

2012 0.14
2013 0.15
2014 0.043
2015 -0.025
2016 0.094
2017 0.1
2020 0.23
2021 0.26
2022 0.21

About Bhp Billiton Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bhp Billiton income statement, its balance sheet, and the statement of cash flows. Bhp Billiton investors use historical funamental indicators, such as Bhp Billiton's Return on Invested Capital, to determine how well the company is positioned to perform in the future. Although Bhp Billiton investors may use each financial statement separately, they are all related. The changes in Bhp Billiton's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bhp Billiton's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bhp Billiton Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bhp Billiton. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Invested Capital 0.26  0.21 
Invested Capital88.3 B97.6 B
Invested Capital Average91.2 B99 B
Market Capitalization165.8 B145.7 B
Working Capital11.8 B10.2 B
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. The company was founded in 1851 and is headquartered in Melbourne, Australia. Bhp Billiton operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 40110 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bhp Billiton without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Bhp Billiton

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bhp Billiton position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bhp Billiton will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bhp Billiton

0.82AMRAlpha Metallurgical Upward RallyPairCorr
The ability to find closely correlated positions to Bhp Billiton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bhp Billiton when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bhp Billiton - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bhp Billiton to buy it.
The correlation of Bhp Billiton is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bhp Billiton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bhp Billiton moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bhp Billiton can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Bhp Billiton Correlation against competitors. Note that the Bhp Billiton information on this page should be used as a complementary analysis to other Bhp Billiton'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Bhp Billiton'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 Bhp Billiton. If investors know Bhp Billiton 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 Bhp Billiton 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 YOY
Market Capitalization
192.6 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Bhp Billiton is measured differently than its book value, which is the value of Bhp Billiton that is recorded on the company's balance sheet. Investors also form their own opinion of Bhp Billiton's value that differs from its market value or its book value, called intrinsic value, which is Bhp Billiton'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 Bhp Billiton's market value can be influenced by many factors that don't directly affect Bhp Billiton'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 Bhp Billiton's value and its price as these two are different measures arrived at by different means. Investors typically determine Bhp Billiton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bhp Billiton'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.