Beken Cash vs Non Current Assets Total Analysis

603068 Stock   29.90  0.68  2.33%   
Beken Corp financial indicator trend analysis is way more than just evaluating Beken Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beken Corp is a good investment. Please check the relationship between Beken Corp Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beken 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 nation.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beken Corp Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beken Corp's Cash and Non Current Assets Total is 0.86. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Beken Corp, assuming nothing else is changed. The correlation between historical values of Beken Corp's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Beken Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Beken Corp's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of Beken Corp, which is listed under current asset account on Beken Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beken Corp customers. The amounts must be unrestricted with restricted cash listed in a different Beken Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Beken Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beken 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 Beken 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 nation.
The current year's Tax Provision is expected to grow to about 3.8 M. The current year's Selling General Administrative is expected to grow to about 28.4 M
 2021 2022 2023 2024 (projected)
Interest Income12.2M37.9M33.7M35.3M
Net Interest Income11.6M36.5M32.4M34.0M

Beken Corp fundamental ratios Correlations

0.79-0.010.71-0.570.560.930.76-0.12-0.140.76-0.350.760.88-0.65-0.070.750.650.66-0.070.720.860.710.760.730.78
0.790.240.78-0.460.910.910.98-0.52-0.260.99-0.140.970.91-0.950.370.730.930.78-0.20.970.940.950.980.980.95
-0.010.24-0.320.630.10.020.30.040.330.260.670.35-0.06-0.170.36-0.370.41-0.010.320.370.220.110.250.310.02
0.710.78-0.32-0.860.710.830.77-0.41-0.250.78-0.450.740.9-0.80.020.960.70.84-0.190.720.780.880.80.760.89
-0.57-0.460.63-0.86-0.45-0.58-0.440.210.23-0.450.58-0.38-0.710.520.09-0.81-0.38-0.610.18-0.37-0.47-0.61-0.47-0.41-0.63
0.560.910.10.71-0.450.750.86-0.82-0.570.9-0.270.830.78-0.920.530.640.80.66-0.520.850.780.880.890.880.88
0.930.910.020.83-0.580.750.88-0.34-0.260.89-0.40.880.97-0.78-0.010.790.760.86-0.20.830.950.840.880.850.87
0.760.980.30.77-0.440.860.88-0.47-0.160.99-0.071.00.89-0.960.360.720.970.78-0.10.990.950.971.00.990.94
-0.12-0.520.04-0.410.21-0.82-0.34-0.470.84-0.550.38-0.44-0.380.62-0.49-0.35-0.42-0.280.83-0.47-0.4-0.51-0.53-0.54-0.5
-0.14-0.260.33-0.250.23-0.57-0.26-0.160.84-0.270.73-0.13-0.270.27-0.12-0.23-0.05-0.121.0-0.13-0.23-0.18-0.23-0.22-0.23
0.760.990.260.78-0.450.90.890.99-0.55-0.27-0.150.990.89-0.960.360.730.950.77-0.210.990.950.961.00.990.95
-0.35-0.140.67-0.450.58-0.27-0.4-0.070.380.73-0.15-0.04-0.430.080.46-0.420.08-0.330.710.01-0.28-0.13-0.13-0.08-0.18
0.760.970.350.74-0.380.830.881.0-0.44-0.130.99-0.040.86-0.930.320.70.960.77-0.070.990.960.940.990.990.92
0.880.91-0.060.9-0.710.780.970.89-0.38-0.270.89-0.430.86-0.830.040.820.80.9-0.20.830.930.890.890.850.9
-0.65-0.95-0.17-0.80.52-0.92-0.78-0.960.620.27-0.960.08-0.93-0.83-0.51-0.75-0.94-0.690.22-0.96-0.85-0.98-0.97-0.97-0.96
-0.070.370.360.020.090.53-0.010.36-0.49-0.120.360.460.320.04-0.510.010.44-0.1-0.120.410.090.380.350.40.37
0.750.73-0.370.96-0.810.640.790.72-0.35-0.230.73-0.420.70.82-0.750.010.620.7-0.170.680.730.810.750.720.87
0.650.930.410.7-0.380.80.760.97-0.42-0.050.950.080.960.8-0.940.440.620.70.00.980.880.940.960.960.88
0.660.78-0.010.84-0.610.660.860.78-0.28-0.120.77-0.330.770.9-0.69-0.10.70.7-0.060.730.820.80.780.730.77
-0.07-0.20.32-0.190.18-0.52-0.2-0.10.831.0-0.210.71-0.07-0.20.22-0.12-0.170.0-0.06-0.07-0.17-0.12-0.18-0.17-0.17
0.720.970.370.72-0.370.850.830.99-0.47-0.130.990.010.990.83-0.960.410.680.980.73-0.070.930.950.990.990.92
0.860.940.220.78-0.470.780.950.95-0.4-0.230.95-0.280.960.93-0.850.090.730.880.82-0.170.930.890.950.940.88
0.710.950.110.88-0.610.880.840.97-0.51-0.180.96-0.130.940.89-0.980.380.810.940.8-0.120.950.890.970.960.98
0.760.980.250.8-0.470.890.881.0-0.53-0.231.0-0.130.990.89-0.970.350.750.960.78-0.180.990.950.971.00.95
0.730.980.310.76-0.410.880.850.99-0.54-0.220.99-0.080.990.85-0.970.40.720.960.73-0.170.990.940.961.00.94
0.780.950.020.89-0.630.880.870.94-0.5-0.230.95-0.180.920.9-0.960.370.870.880.77-0.170.920.880.980.950.94
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Beken Corp Account Relationship Matchups

Beken Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab5.6M15.5M10.6M13.7M15.8M9.6M
Net Tangible Assets1.2B1.9B1.9B1.7B2.0B1.1B
Retained Earnings436.3M418.2M446.6M178.2M26.3M25.0M
Other Assets1.5M5.8M12.4M16.5M19.0M20.0M
Other Stockholder Equity376.9K454.9K218.0K(2.7M)(2.4M)(2.3M)
Property Plant Equipment51.2M145.3M150.9M147.4M169.5M99.8M
Total Assets1.6B2.2B2.3B2.0B1.9B1.6B
Other Current Liab77.5M66.3M87.1M100.1M90.1M63.3M
Total Current Liabilities330.5M174.1M290.7M205.0M193.5M231.3M
Total Stockholder Equity1.3B2.0B2.0B1.8B1.7B1.3B
Accounts Payable180.1M91.2M111.6M45.7M68.2M72.8M
Cash842.8M1.3B1.5B1.1B1.1B865.0M
Non Current Assets Total83.7M267.9M327.9M420.4M405.5M232.7M
Net Receivables312.4M161.4M106.5M112.8M151.7M122.2M
Non Current Liabilities Total5.6M15.5M15.5M17.2M27.7M29.1M
Inventory351.1M361.1M383.6M380.2M282.1M294.7M
Other Current Assets141.8K3.3M28.1M21.8M20.1M10.4M
Total Liab336.1M189.6M306.2M222.1M221.2M244.7M
Total Current Assets1.5B1.9B2.0B1.6B1.5B1.4B
Intangible Assets21.1M106.8M107.1M99.0M77.0M58.9M
Net Invested Capital1.3B2.0B2.1B1.8B1.7B1.5B
Net Working Capital1.2B1.7B1.7B1.4B1.3B1.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Beken Stock

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