Broadex Non Current Liabilities Total vs Selling General Administrative Analysis

300548 Stock   22.61  0.30  1.34%   
Broadex Technologies financial indicator trend analysis is way more than just evaluating Broadex Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadex Technologies is a good investment. Please check the relationship between Broadex Technologies Non Current Liabilities Total and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadex Technologies 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.

Non Current Liabilities Total vs Selling General Administrative

Non Current Liabilities Total vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadex Technologies Non Current Liabilities Total account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Broadex Technologies' Non Current Liabilities Total and Selling General Administrative is 0.93. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Broadex Technologies Co, assuming nothing else is changed. The correlation between historical values of Broadex Technologies' Non Current Liabilities Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Broadex Technologies Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Liabilities Total i.e., Broadex Technologies' Non Current Liabilities Total and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Selling General Administrative

Most indicators from Broadex Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadex Technologies 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 Broadex Technologies 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.
The current year's Selling General Administrative is expected to grow to about 125.5 M, whereas Tax Provision is forecasted to decline to about 2.4 M.
 2021 2022 2023 2024 (projected)
Operating Income166.9M164.1M74.6M75.6M
Total Revenue1.2B1.7B1.7B1.8B

Broadex Technologies fundamental ratios Correlations

-0.410.980.960.480.790.960.970.87-0.20.950.760.070.980.890.960.740.570.980.440.910.560.990.95-0.070.86
-0.41-0.45-0.310.1-0.14-0.39-0.49-0.030.01-0.38-0.150.56-0.46-0.47-0.31-0.07-0.2-0.360.54-0.30.29-0.41-0.390.06-0.45
0.98-0.450.890.450.70.940.980.84-0.130.90.70.051.00.940.920.670.430.930.40.890.470.960.98-0.070.92
0.96-0.310.890.490.90.960.890.89-0.290.990.860.090.880.720.960.820.730.990.490.90.660.980.83-0.040.68
0.480.10.450.490.530.470.460.57-0.010.490.450.520.450.360.480.520.280.470.460.490.420.480.44-0.230.38
0.79-0.140.70.90.530.840.670.82-0.470.880.940.130.670.470.860.960.780.860.560.80.830.830.620.120.43
0.96-0.390.940.960.470.840.910.89-0.210.980.860.030.930.770.960.790.570.950.470.930.580.970.87-0.060.73
0.97-0.490.980.890.460.670.910.77-0.120.890.640.090.980.930.870.60.470.930.320.820.420.960.96-0.190.92
0.87-0.030.840.890.570.820.890.77-0.240.880.830.220.830.680.930.840.510.860.750.920.70.870.80.00.65
-0.20.01-0.13-0.29-0.01-0.47-0.21-0.12-0.24-0.23-0.32-0.17-0.1-0.04-0.25-0.46-0.51-0.24-0.34-0.19-0.46-0.21-0.12-0.19-0.03
0.95-0.380.90.990.490.880.980.890.88-0.230.88-0.010.890.720.970.820.70.980.440.930.60.980.82-0.060.68
0.76-0.150.70.860.450.940.860.640.83-0.320.880.030.670.420.850.930.640.810.540.850.750.80.580.090.38
0.070.560.050.090.520.130.030.090.22-0.17-0.010.030.050.040.040.050.020.050.5-0.040.350.050.09-0.140.09
0.98-0.461.00.880.450.670.930.980.83-0.10.890.670.050.950.910.650.410.920.390.880.450.950.98-0.080.93
0.89-0.470.940.720.360.470.770.930.68-0.040.720.420.040.950.770.450.250.790.280.730.30.830.98-0.111.0
0.96-0.310.920.960.480.860.960.870.93-0.250.970.850.040.910.770.830.630.960.50.980.630.960.870.090.73
0.74-0.070.670.820.520.960.790.60.84-0.460.820.930.050.650.450.830.650.780.630.820.850.760.60.190.41
0.57-0.20.430.730.280.780.570.470.51-0.510.70.640.020.410.250.630.650.690.230.550.520.630.350.010.2
0.98-0.360.930.990.470.860.950.930.86-0.240.980.810.050.920.790.960.780.690.420.90.60.990.87-0.060.75
0.440.540.40.490.460.560.470.320.75-0.340.440.540.50.390.280.50.630.230.420.480.770.420.420.050.27
0.91-0.30.890.90.490.80.930.820.92-0.190.930.85-0.040.880.730.980.820.550.90.480.570.910.830.080.69
0.560.290.470.660.420.830.580.420.7-0.460.60.750.350.450.30.630.850.520.60.770.570.560.460.380.28
0.99-0.410.960.980.480.830.970.960.87-0.210.980.80.050.950.830.960.760.630.990.420.910.560.91-0.090.8
0.95-0.390.980.830.440.620.870.960.8-0.120.820.580.090.980.980.870.60.350.870.420.830.460.91-0.050.97
-0.070.06-0.07-0.04-0.230.12-0.06-0.190.0-0.19-0.060.09-0.14-0.08-0.110.090.190.01-0.060.050.080.38-0.09-0.05-0.12
0.86-0.450.920.680.380.430.730.920.65-0.030.680.380.090.931.00.730.410.20.750.270.690.280.80.97-0.12
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Broadex Technologies Account Relationship Matchups

Broadex Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets766.5M1.0B1.9B2.3B3.2B3.4B
Other Current Liab21.0M14.4M15.1M3.0M1.5M1.5M
Total Current Liabilities138.7M280.8M345.7M574.2M990.2M1.0B
Total Stockholder Equity620.5M722.8M1.5B1.7B1.6B1.7B
Other Liab11.8M7.3M8.6M10.0M11.5M9.1M
Retained Earnings295.8M380.1M542.4M592.0M578.3M338.0M
Accounts Payable104.9M169.8M221.1M407.5M378.6M397.5M
Cash145.4M84.3M443.5M692.2M1.1B1.2B
Other Assets18.7M20.2M27.1M26.9M31.0M32.5M
Net Receivables142.0M207.6M390.1M459.4M427.6M449.0M
Inventory136.9M242.0M286.9M397.7M319.7M160.2M
Other Current Assets4.6M4.0M4.8M9.9M16.4M13.4M
Total Liab146.0M289.4M355.7M585.5M1.1B1.1B
Intangible Assets10.5M9.9M15.4M14.3M88.2M92.6M
Common Stock83.4M83.4M150.4M173.7M199.8M209.7M
Property Plant Equipment93.4M130.0M166.8M181.3M208.4M107.4M
Short Term Investments76.4M85M324.8M235.7M155.8M158.4M
Net Tangible Assets508.6M523.6M626.6M1.4B1.6B1.7B
Other Stockholder Equity3.4M4.1M2.8M1.8M2.1M1.9M
Deferred Long Term Liab2.1M2.8M8.2M8.3M9.5M10.0M
Total Current Assets515.4M708.3M1.6B1.9B2.2B2.3B
Non Current Assets Total251.0M303.9M323.7M387.9M991.3M1.0B
Non Currrent Assets Other1.2M167.3M707.2K802.2K10.4M9.9M
Non Current Liabilities Total7.3M8.6M10.0M11.2M92.3M96.9M
Common Stock Shares Outstanding150.1M150.4M173.9M262.1M286.6M207.7M
Net Invested Capital620.5M796.5M1.6B1.8B1.6B1.2B
Net Working Capital376.7M427.5M1.2B1.3B1.2B853.8M
Capital Stock83.4M150.4M173.7M262.1M286.3M190.5M

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Other Information on Investing in Broadex Stock

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