Ball Non Current Assets Total vs Current Deferred Revenue Analysis
BALL Stock | USD 61.86 1.03 1.69% |
Ball financial indicator trend analysis is way more than just evaluating Ball prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ball is a good investment. Please check the relationship between Ball Non Current Assets Total and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Non Current Assets Total vs Current Deferred Revenue
Non Current Assets Total vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ball Non Current Assets Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ball's Non Current Assets Total and Current Deferred Revenue is 0.27. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Ball Corporation, assuming nothing else is changed. The correlation between historical values of Ball's Non Current Assets Total and Current Deferred Revenue 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 Assets Total of Ball Corporation are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Assets Total i.e., Ball's Non Current Assets Total and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Ball's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ball 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 Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Ball's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 102.5 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 34.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7B | 2.6B | 2.7B | 2.8B | Total Revenue | 13.8B | 15.3B | 14.0B | 14.7B |
Ball fundamental ratios Correlations
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Ball Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ball fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.4B | 18.3B | 19.7B | 19.9B | 19.3B | 20.3B | |
Short Long Term Debt Total | 7.8B | 7.8B | 7.7B | 8.9B | 8.6B | 9.0B | |
Other Current Liab | 618M | 934M | 1.1B | 1.1B | 1.4B | 1.4B | |
Total Current Liabilities | 5.6B | 4.4B | 6.0B | 7.0B | 6.2B | 6.5B | |
Total Stockholder Equity | 3.0B | 3.3B | 3.7B | 3.5B | 3.8B | 4.0B | |
Property Plant And Equipment Net | 4.5B | 5.4B | 6.5B | 7.1B | 7.8B | 8.2B | |
Net Debt | 6.0B | 6.4B | 7.2B | 8.4B | 7.9B | 8.3B | |
Retained Earnings | 5.8B | 6.2B | 6.8B | 7.3B | 7.8B | 8.2B | |
Cash | 1.8B | 1.4B | 563M | 548M | 695M | 729.8M | |
Non Current Assets Total | 12.5B | 13.6B | 14.5B | 14.4B | 16.6B | 17.4B | |
Non Currrent Assets Other | 1.1B | 1.3B | 1.6B | 1.4B | 675M | 547.7M | |
Cash And Short Term Investments | 1.8B | 1.4B | 563M | 548M | 695M | 729.8M | |
Net Receivables | 1.6B | 1.7B | 2.6B | 2.6B | 2.3B | 2.5B | |
Common Stock Shares Outstanding | 340.1M | 332.8M | 331.6M | 320.0M | 317.0M | 385.1M | |
Liabilities And Stockholders Equity | 17.4B | 18.3B | 19.7B | 19.9B | 19.3B | 20.3B | |
Non Current Liabilities Total | 8.8B | 10.5B | 10.1B | 9.4B | 9.3B | 9.7B | |
Inventory | 1.3B | 1.4B | 1.8B | 2.2B | 1.6B | 861.6M | |
Other Current Assets | 181M | 218M | 305M | 168M | 295M | 309.8M | |
Other Stockholder Equity | (3.1B) | (3.1B) | (3.9B) | (4.4B) | (4.4B) | (4.2B) | |
Total Liab | 14.3B | 14.9B | 16.0B | 16.4B | 15.5B | 16.2B | |
Total Current Assets | 4.9B | 4.7B | 5.2B | 5.5B | 4.9B | 5.1B | |
Accumulated Other Comprehensive Income | (910M) | (954M) | (582M) | (679M) | (916M) | (870.2M) | |
Short Term Debt | 1.5B | 80M | 95M | 1.5B | 1.1B | 1.1B | |
Accounts Payable | 3.1B | 3.4B | 4.8B | 4.4B | 3.8B | 3.9B | |
Intangible Assets | 2.0B | 1.9B | 1.7B | 1.4B | 1.3B | 885.3M | |
Common Stock | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 985.0M | |
Current Deferred Revenue | 343M | 410M | 429M | 327M | 333M | 349.7M | |
Good Will | 4.4B | 4.5B | 4.4B | 4.2B | 4.3B | 3.3B | |
Other Liab | 2.2B | 2.5B | 2.0B | 1.5B | 1.3B | 1.7B | |
Net Tangible Assets | (3.5B) | (3.1B) | (2.4B) | 3.5B | 4.0B | 4.2B | |
Other Assets | 1.1B | 1.2B | 1.3B | 1.1B | 1.3B | 1.3B | |
Long Term Debt | 6.3B | 7.8B | 7.7B | 7.5B | 7.5B | 8.0B | |
Net Invested Capital | 10.8B | 11.1B | 11.4B | 12.5B | 12.3B | 12.5B | |
Long Term Investments | 291M | 321M | 184M | 193M | 212M | 200.4M | |
Short Long Term Debt | 1.5B | 17M | 15M | 1.4B | 1.1B | 770.7M | |
Capital Stock | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | |
Non Current Liabilities Other | 199M | 441M | 144M | 1.8B | 458M | 616.6M | |
Net Working Capital | (693M) | 231M | (730M) | (1.5B) | (1.3B) | (1.2B) | |
Property Plant Equipment | 4.7B | 5.7B | 6.9B | 7.5B | 8.6B | 6.4B |
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Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.008 | Dividend Share 0.8 | Earnings Share 2.4 | Revenue Per Share 44.401 | Quarterly Revenue Growth (0.01) |
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.