Bus Retained Earnings vs Common Stock Analysis

002188 Stock   4.92  0.01  0.20%   
Bus Online financial indicator trend analysis is way more than just evaluating Bus Online prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bus Online is a good investment. Please check the relationship between Bus Online Retained Earnings and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bus Online Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bus Online Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bus Online's Retained Earnings and Common Stock is -0.63. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bus Online Co, assuming nothing else is changed. The correlation between historical values of Bus Online's Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Bus Online Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Bus Online's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

Most indicators from Bus Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bus Online 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 Bus Online Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 27, 2024, Selling General Administrative is expected to decline to about 14.8 M. In addition to that, Tax Provision is expected to decline to about 9.3 M
 2021 2022 2023 2024 (projected)
Minority Interest1.2M1.8M190.7K181.1K
Income Tax Expense10.5M15.6M17.9M18.8M

Bus Online fundamental ratios Correlations

0.230.610.95-0.180.450.640.340.34-0.120.710.470.030.10.860.260.560.480.250.43-0.150.69-0.160.540.42-0.42
0.230.480.24-0.16-0.18-0.030.470.28-0.060.02-0.28-0.16-0.020.230.41-0.180.320.45-0.040.480.090.07-0.12-0.21-0.06
0.610.480.440.15-0.170.720.430.52-0.110.710.03-0.260.510.490.510.130.370.61-0.050.110.450.370.28-0.2-0.19
0.950.240.44-0.450.610.490.340.34-0.080.570.460.09-0.220.810.130.560.410.080.65-0.250.65-0.280.580.56-0.53
-0.18-0.160.15-0.45-0.540.19-0.26-0.36-0.080.130.02-0.10.92-0.060.32-0.080.040.34-0.810.5-0.120.23-0.29-0.420.5
0.45-0.18-0.170.61-0.540.24-0.15-0.230.320.250.770.31-0.520.43-0.630.76-0.12-0.730.89-0.430.27-0.810.820.99-0.83
0.64-0.030.720.490.190.24-0.010.070.010.940.58-0.060.460.510.120.660.120.130.240.010.53-0.080.680.24-0.52
0.340.470.430.34-0.26-0.15-0.010.67-0.380.0-0.25-0.1-0.020.080.5-0.20.30.470.06-0.070.020.36-0.03-0.220.07
0.340.280.520.34-0.36-0.230.070.67-0.370.16-0.43-0.21-0.070.050.45-0.350.250.520.06-0.360.340.62-0.1-0.330.11
-0.12-0.06-0.11-0.08-0.080.320.01-0.38-0.37-0.110.08-0.07-0.10.25-0.690.12-0.34-0.420.23-0.01-0.06-0.430.230.34-0.26
0.710.020.710.570.130.250.940.00.16-0.110.52-0.060.390.570.220.580.280.20.270.040.69-0.010.660.23-0.49
0.47-0.280.030.460.020.770.58-0.25-0.430.080.520.250.030.4-0.370.95-0.06-0.540.52-0.160.23-0.730.810.81-0.71
0.03-0.16-0.260.09-0.10.31-0.06-0.1-0.21-0.07-0.060.25-0.19-0.09-0.190.16-0.33-0.320.23-0.080.06-0.290.240.32-0.23
0.1-0.020.51-0.220.92-0.520.46-0.02-0.07-0.10.390.03-0.190.120.44-0.030.170.51-0.710.40.070.36-0.13-0.440.36
0.860.230.490.81-0.060.430.510.080.050.250.570.4-0.090.120.120.470.540.20.330.010.54-0.280.420.44-0.33
0.260.410.510.130.32-0.630.120.50.45-0.690.22-0.37-0.190.440.12-0.310.520.92-0.510.430.210.7-0.43-0.640.5
0.56-0.180.130.56-0.080.760.66-0.2-0.350.120.580.950.16-0.030.47-0.31-0.11-0.450.59-0.10.35-0.680.820.79-0.74
0.480.320.370.410.04-0.120.120.30.25-0.340.28-0.06-0.330.170.540.52-0.110.5-0.090.020.030.15-0.09-0.130.1
0.250.450.610.080.34-0.730.130.470.52-0.420.2-0.54-0.320.510.20.92-0.450.5-0.580.410.220.78-0.5-0.740.57
0.43-0.04-0.050.65-0.810.890.240.060.060.230.270.520.23-0.710.33-0.510.59-0.09-0.58-0.480.31-0.590.770.82-0.85
-0.150.480.11-0.250.5-0.430.01-0.07-0.36-0.010.04-0.16-0.080.40.010.43-0.10.020.41-0.480.040.08-0.32-0.370.31
0.690.090.450.65-0.120.270.530.020.34-0.060.690.230.060.070.540.210.350.030.220.310.040.080.390.24-0.24
-0.160.070.37-0.280.23-0.81-0.080.360.62-0.43-0.01-0.73-0.290.36-0.280.7-0.680.150.78-0.590.080.08-0.58-0.850.65
0.54-0.120.280.58-0.290.820.68-0.03-0.10.230.660.810.24-0.130.42-0.430.82-0.09-0.50.77-0.320.39-0.580.8-0.92
0.42-0.21-0.20.56-0.420.990.24-0.22-0.330.340.230.810.32-0.440.44-0.640.79-0.13-0.740.82-0.370.24-0.850.8-0.79
-0.42-0.06-0.19-0.530.5-0.83-0.520.070.11-0.26-0.49-0.71-0.230.36-0.330.5-0.740.10.57-0.850.31-0.240.65-0.92-0.79
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Bus Online Account Relationship Matchups

Bus Online fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets109.6M58.6M290.4M251.2M322.2M583.6M
Other Current Liab541.0K125.7M146.3M102.1M4.3M4.1M
Total Current Liabilities3.5M152.0M180.1M137.0M180.5M149.8M
Total Stockholder Equity12.5M(113.2M)51.6M113.1M132.0M257.1M
Other Liab93.6M105.3M56.4M11.4K13.1K12.5K
Retained Earnings(2.0B)(2.1B)(2.0B)(1.9B)(1.9B)(1.8B)
Accounts Payable649.3K1.7M6.8M10.8M23.0M42.8M
Cash53.5M16.1M248.0M169.3M201.8M107.1M
Other Assets1.7M7.7M13.0M20.6M23.7M24.9M
Net Receivables3.2M15.6M20.9M46.7M72.7M91.9M
Inventory3.1M993.4K294.0K229.4K1.5M1.5M
Other Current Assets6.4M1.3M1.3M3.3M345.2K328.0K
Total Liab97.1M171.8M237.8M138.9M189.8M222.8M
Intangible Assets4.9M4.1M469.4K480.8K519.1K493.1K
Property Plant Equipment36.9M24.7M6.5M6.4M5.7M5.5M
Net Tangible Assets7.6M(102.2M)51.1M112.6M101.4M106.4M
Deferred Long Term Liab1.7M1.7M1.1M1.4M1.2M1.9M
Total Current Assets66.2M123.0M270.4M223.8M283.1M242.6M
Non Current Assets Total43.4M32.7M19.9M27.5M39.1M37.2M
Non Currrent Assets Other2.7M51.2M43.4M23.4M26.9M27.2M
Non Current Liabilities Total93.6M105.3M57.6M1.9M9.4M8.9M
Net Invested Capital12.5M(113.2M)51.6M113.1M132.0M138.6M
Non Current Liabilities Other93.4M105.2M56.3M11.4K8.3M7.9M
Net Working Capital62.7M(40.7M)90.3M86.8M102.6M66.3M

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Other Information on Investing in Bus Stock

Balance Sheet is a snapshot of the financial position of Bus Online at a specified time, usually calculated after every quarter, six months, or one year. Bus Online Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bus Online 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 Bus currently owns. An asset can also be divided into two categories, current and non-current.