Blue Selling General Administrative vs Total Assets Analysis

002382 Stock   5.50  0.04  0.73%   
Blue Sail financial indicator trend analysis is way more than just evaluating Blue Sail Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Sail Medical is a good investment. Please check the relationship between Blue Sail Selling General Administrative and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Sail Medical. 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.

Selling General Administrative vs Total Assets

Selling General Administrative vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Sail Medical Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blue Sail's Selling General Administrative and Total Assets is 0.87. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of Blue Sail Medical, assuming nothing else is changed. The correlation between historical values of Blue Sail's Selling General Administrative and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Blue Sail Medical are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., Blue Sail's Selling General Administrative and Total Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Total Assets

Total assets refers to the total amount of Blue Sail assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Blue Sail Medical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Blue Sail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Sail Medical 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 Blue Sail Medical. 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 251.1 M. The current year's Tax Provision is expected to grow to about (51.5 M)
 2021 2022 2023 2024 (projected)
Gross Profit3.8B501.5M606.1M575.8M
Interest Income56.7M36.7M26.3M35.1M

Blue Sail fundamental ratios Correlations

0.970.310.961.00.870.730.890.90.660.860.990.730.850.90.910.520.980.990.880.820.890.770.980.850.97
0.970.20.960.960.750.660.90.830.780.90.950.720.890.930.830.470.960.990.890.890.860.750.970.730.92
0.310.20.10.350.37-0.220.140.37-0.090.230.340.270.230.310.25-0.070.320.240.25-0.130.370.170.320.310.24
0.960.960.10.950.850.810.950.830.680.770.960.660.770.830.910.460.940.980.80.920.790.810.950.860.95
1.00.960.350.950.880.710.870.910.620.850.990.720.840.890.910.520.980.980.870.790.90.750.970.850.97
0.870.750.370.850.880.810.770.90.320.570.880.630.590.650.980.520.820.840.680.60.690.790.810.990.9
0.730.66-0.220.810.710.810.670.750.380.510.710.540.530.520.860.710.660.740.610.660.530.690.640.820.8
0.890.90.140.950.870.770.670.660.60.620.920.450.60.730.810.210.910.90.640.930.710.690.940.80.88
0.90.830.370.830.910.90.750.660.510.810.860.880.840.830.930.70.820.890.890.580.80.850.810.860.88
0.660.78-0.090.680.620.320.380.60.510.820.590.660.810.820.480.40.640.720.790.720.640.570.660.310.59
0.860.90.230.770.850.570.510.620.810.820.790.850.990.950.670.620.820.870.980.680.850.650.810.510.78
0.990.950.340.960.990.880.710.920.860.590.790.630.770.850.910.430.990.980.810.830.870.720.990.870.98
0.730.720.270.660.720.630.540.450.880.660.850.630.90.830.720.680.610.740.910.470.670.850.610.580.65
0.850.890.230.770.840.590.530.60.840.810.990.770.90.950.690.650.80.870.990.660.830.710.780.530.77
0.90.930.310.830.890.650.520.730.830.820.950.850.830.950.740.520.880.910.960.730.910.720.870.610.82
0.910.830.250.910.910.980.860.810.930.480.670.910.720.690.740.590.860.90.770.70.740.860.850.970.93
0.520.47-0.070.460.520.520.710.210.70.40.620.430.680.650.520.590.440.530.70.230.50.470.350.460.55
0.980.960.320.940.980.820.660.910.820.640.820.990.610.80.880.860.440.970.830.830.890.660.990.80.96
0.990.990.240.980.980.840.740.90.890.720.870.980.740.870.910.90.530.970.890.860.860.790.970.820.96
0.880.890.250.80.870.680.610.640.890.790.980.810.910.990.960.770.70.830.890.660.870.750.80.620.82
0.820.89-0.130.920.790.60.660.930.580.720.680.830.470.660.730.70.230.830.860.660.660.660.870.630.79
0.890.860.370.790.90.690.530.710.80.640.850.870.670.830.910.740.50.890.860.870.660.560.870.650.84
0.770.750.170.810.750.790.690.690.850.570.650.720.850.710.720.860.470.660.790.750.660.560.690.790.71
0.980.970.320.950.970.810.640.940.810.660.810.990.610.780.870.850.350.990.970.80.870.870.690.80.95
0.850.730.310.860.850.990.820.80.860.310.510.870.580.530.610.970.460.80.820.620.630.650.790.80.89
0.970.920.240.950.970.90.80.880.880.590.780.980.650.770.820.930.550.960.960.820.790.840.710.950.89
Click cells to compare fundamentals

Blue Sail Account Relationship Matchups

Blue Sail fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.3B17.0B16.9B15.9B15.6B16.4B
Short Long Term Debt Total3.7B5.6B3.7B3.2B3.9B4.0B
Other Current Liab8.2M9.5M2.4M1.6B1.2M1.2M
Total Current Liabilities2.7B3.7B3.2B2.3B3.9B4.1B
Total Stockholder Equity8.4B9.8B10.5B10.6B9.5B10.0B
Property Plant And Equipment Net1.7B2.5B5.5B5.5B5.4B5.7B
Current Deferred Revenue482.6M684.7M1.9B60.6M1.4B1.5B
Net Debt1.4B1.7B891.3M1.2B2.6B2.7B
Retained Earnings1.2B2.8B3.5B3.1B2.1B2.2B
Accounts Payable431.9M785.3M464.5M266.8M431.0M320.6M
Cash2.2B3.8B2.8B2.0B1.3B1.0B
Non Current Assets Total9.8B9.9B10.6B11.4B11.9B12.5B
Non Currrent Assets Other65.7M1.3B925.3M757.8M426.7M231.9M
Cash And Short Term Investments2.2B4.8B3.5B2.5B1.6B1.2B
Net Receivables761.3M1.3B908.3M906.9M897.3M494.7M
Liabilities And Stockholders Equity13.3B17.0B16.9B15.9B15.6B16.4B
Inventory416.0M768.8M1.1B916.8M1.1B1.1B
Other Current Assets21.9M295.6M823.3M73.7M107.1M101.1M
Other Stockholder Equity5.6B5.5B5.7B5.7B5.8B6.1B
Total Liab4.8B7.2B6.4B5.3B6.1B6.4B
Total Current Assets3.4B7.2B6.3B4.4B3.8B2.2B
Short Term Debt1.7B2.2B802.8M368.7M2.0B2.1B
Intangible Assets1.2B1.2B959.7M1.2B1.3B1.3B
Property Plant Equipment1.7B2.5B5.5B5.5B6.3B6.6B
Other Liab193.3M178.8M265.0M199.8M229.8M241.3M
Non Current Liabilities Total2.1B3.6B3.2B3.0B2.2B1.2B
Long Term Debt1.9B3.4B2.9B2.8B1.8B2.1B
Good Will6.5B5.4B3.5B3.8B3.9B2.5B
Short Term Investments2.4M972.5M645.2M476.2M307.8M237.9M
Net Tangible Assets1.0B3.5B6.1B5.7B6.5B6.8B
Deferred Long Term Liab279.7M345.4M170.3M158.1M181.8M184.6M
Net Invested Capital11.2B13.5B13.4B13.5B11.9B11.9B
Short Long Term Debt796.8M310.0M12.6M153.5M543.1M318.4M
Net Working Capital787.3M3.5B3.2B2.1B(139.1M)(132.1M)
Non Current Liabilities Other14.7M7.6M14.2M9.9M10.6M9.3M

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Other Information on Investing in Blue Stock

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