Blue Accounts Payable vs Common Stock Shares Outstanding Analysis

BAU Stock

CAD 0.06 0.01 8.33%

Blue Star financial indicator trend analysis is way more than just evaluating Blue Star Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Star Gold is a good investment. Please check the relationship between Blue Star Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Star Gold. 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.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Star Gold Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Blue Star's Accounts Payable and Common Stock Shares Outstanding is -0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Blue Star Gold, assuming nothing else is changed. The correlation between historical values of Blue Star's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Blue Star Gold are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Blue Star's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Blue Star obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blue Star Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Blue Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Star Gold 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 Blue Star Gold. 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.

At this time, Blue Star's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 26.8 M in 2024, whereas Tax Provision is likely to drop (239 K) in 2024.

Blue Star fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Other Current Liab	Accounts Payable	Non Currrent Assets Other	Net Tangible Assets	Other Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital	Short Long Term Debt Total	Long Term Debt
Total Assets		0.36	0.99	0.29	0.34	-0.92	0.42	1.0	0.93	0.08	0.98	-0.28	0.39	0.95	0.99	0.51	0.32	-0.5	0.95	0.99	0.96	1.0	1.0	0.78	0.5	0.52
Total Current Liabilities	0.36		0.26	0.89	0.58	-0.53	0.62	0.38	0.08	0.74	0.22	-0.21	0.76	0.17	0.31	0.76	0.38	0.25	0.56	0.33	0.56	0.39	0.35	-0.25	0.74	0.68
Total Stockholder Equity	0.99	0.26		0.23	0.21	-0.89	0.42	0.99	0.95	-0.05	0.99	-0.24	0.25	0.96	1.0	0.48	0.25	-0.61	0.91	0.99	0.92	0.99	0.99	0.83	0.37	0.39
Property Plant And Equipment Net	0.29	0.89	0.23		0.27	-0.44	0.71	0.31	0.0	0.47	0.18	-0.23	0.48	0.06	0.26	0.77	0.11	0.0	0.45	0.33	0.44	0.34	0.28	-0.33	0.45	0.37
Net Debt	0.34	0.58	0.21	0.27		-0.42	-0.11	0.36	0.11	0.81	0.23	-0.32	0.95	0.2	0.25	0.13	0.55	0.52	0.49	0.2	0.51	0.33	0.32	-0.02	0.95	0.95
Retained Earnings	-0.92	-0.53	-0.89	-0.44	-0.42		-0.45	-0.93	-0.79	-0.22	-0.9	0.23	-0.52	-0.82	-0.92	-0.56	-0.52	0.38	-0.9	-0.9	-0.93	-0.92	-0.91	-0.62	-0.56	-0.56
Cash	0.42	0.62	0.42	0.71	-0.11	-0.45		0.42	0.37	0.2	0.32	-0.26	0.16	0.42	0.41	0.96	-0.09	-0.34	0.5	0.49	0.5	0.44	0.42	0.08	0.19	0.13
Non Current Assets Total	1.0	0.38	0.99	0.31	0.36	-0.93	0.42		0.91	0.1	0.98	-0.28	0.4	0.93	0.99	0.51	0.33	-0.49	0.95	0.99	0.97	1.0	1.0	0.76	0.51	0.53
Cash And Short Term Investments	0.93	0.08	0.95	0.0	0.11	-0.79	0.37	0.91		-0.12	0.94	-0.23	0.14	0.99	0.94	0.4	0.19	-0.61	0.82	0.93	0.83	0.91	0.93	0.93	0.27	0.31
Net Receivables	0.08	0.74	-0.05	0.47	0.81	-0.22	0.2	0.1	-0.12		-0.08	-0.15	0.88	-0.01	-0.01	0.42	0.35	0.58	0.35	-0.02	0.33	0.08	0.07	-0.34	0.84	0.8
Common Stock Shares Outstanding	0.98	0.22	0.99	0.18	0.23	-0.9	0.32	0.98	0.94	-0.08		-0.23	0.25	0.94	0.99	0.38	0.32	-0.58	0.88	0.98	0.9	0.98	0.98	0.84	0.37	0.4
Other Stockholder Equity	-0.28	-0.21	-0.24	-0.23	-0.32	0.23	-0.26	-0.28	-0.23	-0.15	-0.23		-0.35	-0.26	-0.23	-0.26	0.12	0.09	-0.29	-0.26	-0.35	-0.3	-0.29	-0.13	-0.38	-0.39
Total Liab	0.39	0.76	0.25	0.48	0.95	-0.52	0.16	0.4	0.14	0.88	0.25	-0.35		0.24	0.29	0.38	0.57	0.49	0.57	0.27	0.59	0.38	0.37	-0.07	0.96	0.95
Total Current Assets	0.95	0.17	0.96	0.06	0.2	-0.82	0.42	0.93	0.99	-0.01	0.94	-0.26	0.24		0.95	0.47	0.23	-0.55	0.86	0.93	0.88	0.93	0.95	0.9	0.37	0.4
Common Stock	0.99	0.31	1.0	0.26	0.25	-0.92	0.41	0.99	0.94	-0.01	0.99	-0.23	0.29	0.95		0.49	0.29	-0.57	0.92	0.99	0.93	0.99	0.99	0.81	0.41	0.43
Other Current Assets	0.51	0.76	0.48	0.77	0.13	-0.56	0.96	0.51	0.4	0.42	0.38	-0.26	0.38	0.47	0.49		0.03	-0.23	0.64	0.55	0.63	0.53	0.51	0.09	0.42	0.36
Other Current Liab	0.32	0.38	0.25	0.11	0.55	-0.52	-0.09	0.33	0.19	0.35	0.32	0.12	0.57	0.23	0.29	0.03		0.24	0.33	0.22	0.36	0.29	0.29	0.17	0.48	0.5
Accounts Payable	-0.5	0.25	-0.61	0.0	0.52	0.38	-0.34	-0.49	-0.61	0.58	-0.58	0.09	0.49	-0.55	-0.57	-0.23	0.24		-0.35	-0.6	-0.33	-0.51	-0.51	-0.63	0.39	0.38
Non Currrent Assets Other	0.95	0.56	0.91	0.45	0.49	-0.9	0.5	0.95	0.82	0.35	0.88	-0.29	0.57	0.86	0.92	0.64	0.33	-0.35		0.92	0.99	0.95	0.95	0.6	0.66	0.66
Net Tangible Assets	0.99	0.33	0.99	0.33	0.2	-0.9	0.49	0.99	0.93	-0.02	0.98	-0.26	0.27	0.93	0.99	0.55	0.22	-0.6	0.92		0.93	0.99	0.99	0.77	0.38	0.39
Other Assets	0.96	0.56	0.92	0.44	0.51	-0.93	0.5	0.97	0.83	0.33	0.9	-0.35	0.59	0.88	0.93	0.63	0.36	-0.33	0.99	0.93		0.97	0.96	0.62	0.68	0.69
Property Plant Equipment	1.0	0.39	0.99	0.34	0.33	-0.92	0.44	1.0	0.91	0.08	0.98	-0.3	0.38	0.93	0.99	0.53	0.29	-0.51	0.95	0.99	0.97		1.0	0.74	0.5	0.51
Net Invested Capital	1.0	0.35	0.99	0.28	0.32	-0.91	0.42	1.0	0.93	0.07	0.98	-0.29	0.37	0.95	0.99	0.51	0.29	-0.51	0.95	0.99	0.96	1.0		0.78	0.48	0.5
Net Working Capital	0.78	-0.25	0.83	-0.33	-0.02	-0.62	0.08	0.76	0.93	-0.34	0.84	-0.13	-0.07	0.9	0.81	0.09	0.17	-0.63	0.6	0.77	0.62	0.74	0.78		0.05	0.12
Short Long Term Debt Total	0.5	0.74	0.37	0.45	0.95	-0.56	0.19	0.51	0.27	0.84	0.37	-0.38	0.96	0.37	0.41	0.42	0.48	0.39	0.66	0.38	0.68	0.5	0.48	0.05		0.99
Long Term Debt	0.52	0.68	0.39	0.37	0.95	-0.56	0.13	0.53	0.31	0.8	0.4	-0.39	0.95	0.4	0.43	0.36	0.5	0.38	0.66	0.39	0.69	0.51	0.5	0.12	0.99

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Blue Star Account Relationship Matchups

Blue Star fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.8M	23.8M	27.9M	32.7M	37.6M	39.4M
Total Current Liabilities	2.8M	2.8M	2.6M	452.7K	520.6K	954.4K
Total Stockholder Equity	6.2M	20.8M	25.1M	30.2M	34.7M	36.5M
Property Plant And Equipment Net	11.3M	17.9M	23.6M	504.5K	580.2K	551.2K
Net Debt	7.3M	(647.0)	1.5M	1.6M	1.8M	1.9M
Retained Earnings	(11.7M)	(15.2M)	(16.4M)	(18.4M)	(16.6M)	(15.8M)
Cash	128.0K	2.4M	1.1M	287.5K	330.6K	371.6K
Non Current Assets Total	14.0M	20.9M	26.7M	29.1M	33.5M	35.1M
Cash And Short Term Investments	128.0K	2.4M	1.1M	3.5M	4.0M	4.2M
Net Receivables	339.5K	139.1K	41.2K	20.7K	18.7K	17.7K
Common Stock Shares Outstanding	14.8M	37.1M	56.3M	68.5M	78.8M	82.7M
Liabilities And Stockholders Equity	14.8M	23.8M	27.9M	32.7M	37.6M	39.4M
Other Stockholder Equity	1.0	2.5M	2.1M	2.3M	2.7M	3.2M
Total Liab	8.6M	2.9M	2.9M	2.4M	2.8M	1.7M
Total Current Assets	748.8K	2.9M	1.2M	3.6M	4.1M	4.3M
Common Stock	15.4M	33.9M	39.1M	45.0M	51.8M	54.4M
Other Current Assets	101.8K	295.8K	142.5K	58.9K	67.7K	85.4K
Other Current Liab	455.2K	200.2K	233.2K	333.8K	383.8K	258.4K
Accounts Payable	670.6K	119.2K	117.2K	80.8K	72.7K	69.1K
Accumulated Other Comprehensive Income	2.5M	2.1M	2.3M	3.6M	4.2M	4.4M
Net Tangible Assets	1.9M	6.2M	20.8M	25.1M	28.8M	30.2M
Other Assets	875K	2.8M	3.0M	3.1M	3.5M	3.7M
Property Plant Equipment	5.0M	11.3M	17.9M	23.6M	27.1M	28.5M
Non Current Liabilities Total	5.7M	151.6K	240.0K	2.0M	2.3M	1.6M
Net Invested Capital	13.4M	23.1M	27.3M	31.9M	36.6M	38.5M
Net Working Capital	(2.1M)	116.0K	(1.4M)	3.1M	3.6M	3.8M
Short Long Term Debt Total	7.4M	2.4M	2.5M	1.9M	2.2M	3.3M
Capital Stock	15.4M	33.9M	39.1M	45.0M	51.8M	27.7M
Short Term Debt	1.7M	2.4M	2.3M	118.9K	107.0K	101.7K

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