Beken Intangible Assets vs Total Current Liabilities 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 Intangible Assets and its Total Current Liabilities 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.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beken Corp Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beken Corp's Intangible Assets and Total Current Liabilities is -0.23. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities 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 Intangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Beken Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., Beken Corp's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Beken Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beken Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.