Ball Good Will vs Common Stock Shares Outstanding 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 Good Will and its Common Stock Shares Outstanding 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.

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ball Corp Good Will account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ball Corp's Good Will and Common Stock Shares Outstanding is 0.78. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding 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 Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Ball Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., Ball Corp's Good Will and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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