Ball Short Long Term Debt Total vs Net Receivables Analysis

0HL5 Stock   58.25  0.88  1.53%   
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 Short Long Term Debt Total and its Net Receivables 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.

Short Long Term Debt Total vs Net Receivables

Short Long Term Debt Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ball Corp Short Long Term Debt Total account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ball Corp's Short Long Term Debt Total and Net Receivables is 0.85. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Receivables 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 Short Long Term Debt Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Ball Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Long Term Debt Total i.e., Ball Corp's Short Long Term Debt Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Net Receivables

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 2024. Selling General Administrative is likely to drop to about 597.3 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue13.9B15.3B14.0B12.1B
Depreciation And Amortization700M672M686M590.1M

Ball Corp fundamental ratios Correlations

0.820.930.970.940.920.90.950.630.990.620.520.630.860.920.640.960.840.940.091.00.960.880.750.980.38
0.820.880.760.910.630.860.840.410.820.190.270.420.90.660.530.650.810.83-0.250.820.870.560.790.830.54
0.930.880.840.960.860.960.960.590.910.550.440.590.930.750.50.830.880.9-0.20.940.970.70.860.930.6
0.970.760.840.870.880.80.870.550.970.580.440.550.80.970.720.940.790.880.270.950.880.930.660.920.29
0.940.910.960.870.880.980.950.480.940.530.450.480.970.770.450.850.890.9-0.20.940.950.670.860.940.46
0.920.630.860.880.880.880.870.540.930.850.640.540.790.820.390.950.760.820.040.920.860.760.690.920.33
0.90.860.960.80.980.880.940.520.90.620.520.520.930.690.360.830.820.87-0.320.920.930.60.890.920.48
0.950.840.960.870.950.870.940.550.920.60.50.550.930.780.520.880.870.95-0.140.960.960.740.820.920.37
0.630.410.590.550.480.540.520.550.590.440.281.00.310.620.50.650.270.610.110.650.680.660.480.640.42
0.990.820.910.970.940.930.90.920.590.640.550.590.850.910.60.960.80.920.10.980.930.860.740.970.36
0.620.190.550.580.530.850.620.60.440.640.730.440.430.530.090.750.390.520.060.630.530.540.430.610.07
0.520.270.440.440.450.640.520.50.280.550.730.280.330.360.070.620.260.50.00.540.390.370.160.56-0.01
0.630.420.590.550.480.540.520.551.00.590.440.280.310.620.50.650.280.620.10.650.680.660.490.640.43
0.860.90.930.80.970.790.930.930.310.850.430.330.310.680.420.740.940.85-0.270.870.90.580.860.850.44
0.920.660.750.970.770.820.690.780.620.910.530.360.620.680.760.920.710.820.40.90.830.970.570.880.26
0.640.530.50.720.450.390.360.520.50.60.090.070.50.420.760.570.470.620.360.60.580.820.410.560.18
0.960.650.830.940.850.950.830.880.650.960.750.620.650.740.920.570.730.880.20.960.880.890.630.940.21
0.840.810.880.790.890.760.820.870.270.80.390.260.280.940.710.470.730.77-0.140.840.870.610.740.830.47
0.940.830.90.880.90.820.870.950.610.920.520.50.620.850.820.620.880.77-0.020.950.940.780.740.920.32
0.09-0.25-0.20.27-0.20.04-0.32-0.140.110.10.060.00.1-0.270.40.360.2-0.14-0.020.03-0.10.5-0.450.0-0.32
1.00.820.940.950.940.920.920.960.650.980.630.540.650.870.90.60.960.840.950.030.970.850.760.990.4
0.960.870.970.880.950.860.930.960.680.930.530.390.680.90.830.580.880.870.94-0.10.970.770.840.950.51
0.880.560.70.930.670.760.60.740.660.860.540.370.660.580.970.820.890.610.780.50.850.770.490.810.2
0.750.790.860.660.860.690.890.820.480.740.430.160.490.860.570.410.630.740.74-0.450.760.840.490.740.53
0.980.830.930.920.940.920.920.920.640.970.610.560.640.850.880.560.940.830.920.00.990.950.810.740.47
0.380.540.60.290.460.330.480.370.420.360.07-0.010.430.440.260.180.210.470.32-0.320.40.510.20.530.47
Click cells to compare fundamentals

Ball Corp Account Relationship Matchups

Ball Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4B18.3B19.7B19.9B19.3B16.2B
Other Current Liab903M934M1.1B1.1B1.3B916.4M
Total Current Liabilities5.6B4.4B6.0B7.0B6.2B4.4B
Total Stockholder Equity2.9B3.3B3.6B3.5B3.8B3.0B
Property Plant And Equipment Net4.7B5.7B6.9B7.5B7.8B5.1B
Net Debt6.3B6.7B7.6B8.8B8.3B6.2B
Retained Earnings5.8B6.2B6.8B7.3B7.8B6.0B
Accounts Payable3.1B3.4B4.8B4.4B3.8B2.9B
Cash1.8B1.4B579M558M695M715.0M
Non Current Assets Total12.5B13.6B14.5B14.4B16.6B12.0B
Non Currrent Assets Other814M1.0B1.1B931M675M446.9M
Other Assets1.1B1.2B1.3B1.1B1.3B1.1B
Cash And Short Term Investments1.8B1.4B579M558M706M716.1M
Net Receivables1.2B1.3B2.0B2.1B1.9B1.4B
Good Will4.4B4.5B4.4B4.2B4.3B4.2B
Common Stock Shares Outstanding340.1M332.8M331.6M320.0M317.0M353.4M
Non Current Liabilities Total8.8B10.5B10.1B9.4B9.3B8.6B
Inventory1.3B1.4B1.8B2.2B1.6B1.5B
Other Current Assets618M597M827M645M672M539.3M
Other Stockholder Equity(3.1B)(3.1B)(3.9B)(4.4B)(4.4B)(4.6B)
Total Liab14.3B14.9B16.0B16.4B15.5B13.1B
Total Current Assets4.9B4.7B5.2B5.5B4.9B4.2B
Intangible Assets2.0B1.9B1.7B1.4B1.3B1.4B
Common Stock1.2B1.2B1.2B1.3B1.3B1.2B
Short Long Term Debt Total8.1B8.1B8.2B9.4B9.0B7.6B
Liabilities And Stockholders Equity17.4B18.3B19.7B19.9B19.3B17.0B
Accumulated Other Comprehensive Income(910M)(954M)(582M)(679M)(916M)(961.8M)
Short Term Debt1.5B80M95M1.5B1.2B596.5M
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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