Ball Accounts Payable vs Property Plant And Equipment Net Analysis

0HL5 Stock   52.43  0.04  0.08%   
Ball Corp financial indicator trend analysis is way more than just evaluating Ball Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ball Corp is a good investment. Please check the relationship between Ball Corp Accounts Payable and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball 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.

Accounts Payable vs Property Plant And Equipment Net

Accounts Payable vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ball Corp Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ball Corp's Accounts Payable and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ball Corp, assuming nothing else is changed. The correlation between historical values of Ball Corp's Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ball Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Ball Corp's Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Ball Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ball Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Ball Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ball 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 Ball 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.
Tax Provision is likely to drop to about 123.9 M in 2025. Selling General Administrative is likely to drop to about 597.3 M in 2025
 2022 2023 2024 2025 (projected)
Total Revenue15.3B14.0B16.1B12.1B
Depreciation And Amortization672M686M788.9M590.1M

Ball Corp fundamental ratios Correlations

0.840.940.970.940.930.90.950.621.00.610.510.630.880.930.70.960.860.950.031.00.970.840.760.980.47
0.840.890.790.940.690.910.840.40.810.220.270.410.920.680.640.680.820.84-0.30.840.870.510.870.860.61
0.940.890.860.960.880.950.970.580.920.550.430.590.940.770.590.840.890.92-0.250.950.980.670.860.950.64
0.970.790.860.880.90.820.890.550.980.570.440.550.830.970.760.950.820.90.210.950.90.90.70.930.39
0.940.940.960.880.890.980.940.460.920.510.430.470.970.780.570.850.890.91-0.250.940.950.620.890.950.54
0.930.690.880.90.890.880.890.540.940.830.630.540.820.840.480.950.790.84-0.010.930.880.740.720.930.42
0.90.910.950.820.980.880.920.490.880.570.470.50.940.70.510.820.820.88-0.350.910.920.550.920.920.58
0.950.840.970.890.940.890.920.550.940.60.50.550.930.80.590.890.880.96-0.180.960.970.720.80.930.45
0.620.40.580.550.460.540.490.550.610.450.291.00.320.620.50.650.30.610.10.640.670.660.430.630.42
1.00.810.920.980.920.940.880.940.610.650.550.610.860.940.690.980.830.930.090.990.940.860.730.980.43
0.610.220.550.570.510.830.570.60.450.650.730.450.430.530.130.750.40.520.060.620.530.540.390.60.13
0.510.270.430.440.430.630.470.50.290.550.730.290.330.370.130.620.280.50.010.540.390.380.190.540.05
0.630.410.590.550.470.540.50.551.00.610.450.290.330.630.50.650.30.610.090.640.670.660.430.630.43
0.880.920.940.830.970.820.940.930.320.860.430.330.330.710.540.760.930.87-0.320.890.910.550.880.880.53
0.930.680.770.970.780.840.70.80.620.940.530.370.630.710.780.930.740.840.360.90.850.950.590.890.35
0.70.640.590.760.570.480.510.590.50.690.130.130.50.540.780.620.540.670.30.670.650.780.560.640.41
0.960.680.840.950.850.950.820.890.650.980.750.620.650.760.930.620.750.890.160.960.890.870.640.940.32
0.860.820.890.820.890.790.820.880.30.830.40.280.30.930.740.540.750.8-0.180.860.880.610.730.850.54
0.950.840.920.90.910.840.880.960.610.930.520.50.610.870.840.670.890.8-0.070.950.950.760.750.930.41
0.03-0.3-0.250.21-0.25-0.01-0.35-0.180.10.090.060.010.09-0.320.360.30.16-0.18-0.07-0.02-0.150.5-0.42-0.05-0.42
1.00.840.950.950.940.930.910.960.640.990.620.540.640.890.90.670.960.860.95-0.020.970.820.770.990.49
0.970.870.980.90.950.880.920.970.670.940.530.390.670.910.850.650.890.880.95-0.150.970.750.830.960.58
0.840.510.670.90.620.740.550.720.660.860.540.380.660.550.950.780.870.610.760.50.820.750.420.770.23
0.760.870.860.70.890.720.920.80.430.730.390.190.430.880.590.560.640.730.75-0.420.770.830.420.780.65
0.980.860.950.930.950.930.920.930.630.980.60.540.630.880.890.640.940.850.93-0.050.990.960.770.780.56
0.470.610.640.390.540.420.580.450.420.430.130.050.430.530.350.410.320.540.41-0.420.490.580.230.650.56
Click cells to compare fundamentals

Ball Corp Account Relationship Matchups

Ball Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets18.3B19.7B19.9B19.3B22.2B16.2B
Other Current Liab934M1.1B1.1B1.3B1.5B916.4M
Total Current Liabilities4.4B6.0B7.0B6.2B7.1B4.4B
Total Stockholder Equity3.3B3.6B3.5B3.8B4.3B3.0B
Property Plant And Equipment Net5.7B6.9B7.5B7.8B9.0B5.1B
Net Debt6.7B7.6B8.8B8.3B9.6B6.2B
Retained Earnings6.2B6.8B7.3B7.8B8.9B6.0B
Accounts Payable3.4B4.8B4.4B3.8B4.3B2.9B
Cash1.4B579M558M695M799.3M715.0M
Non Current Assets Total12.5B13.6B14.5B14.4B16.6B12.0B
Non Currrent Assets Other1.0B1.1B931M675M776.3M446.9M
Other Assets1.1B1.2B1.3B1.1B1.3B1.1B
Cash And Short Term Investments1.4B579M558M706M811.9M716.1M
Net Receivables1.3B2.0B2.1B1.9B2.2B1.4B
Good Will4.5B4.4B4.2B4.3B4.9B4.2B
Common Stock Shares Outstanding332.8M331.6M320.0M317.0M364.6M353.4M
Non Current Liabilities Total10.5B10.1B9.4B9.3B10.7B8.6B
Inventory1.4B1.8B2.2B1.6B1.8B1.5B
Other Current Assets597M827M645M672M772.8M539.3M
Other Stockholder Equity(3.1B)(3.9B)(4.4B)(4.4B)(4.0B)(4.1B)
Total Liab14.9B16.0B16.4B15.5B17.8B13.1B
Total Current Assets4.7B5.2B5.5B4.9B5.6B4.2B
Intangible Assets1.9B1.7B1.4B1.3B1.5B1.4B
Common Stock1.2B1.2B1.3B1.3B1.5B1.2B
Short Long Term Debt Total8.1B8.2B9.4B9.0B10.4B7.6B
Liabilities And Stockholders Equity18.3B19.7B19.9B19.3B22.2B17.0B
Accumulated Other Comprehensive Income(954M)(582M)(679M)(916M)(824.4M)(865.6M)
Short Term Debt80M95M1.5B1.2B1.3B1.4B
Other Liab2.2B2.5B2.0B1.5B1.3B1.7B
Net Tangible Assets(3.5B)(3.1B)(2.4B)(2.2B)(2.5B)(2.6B)
Long Term Debt6.5B6.3B7.8B7.7B8.9B7.7B
Property Plant Equipment4.7B5.7B6.9B7.5B8.6B6.2B

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