BBOX Stock | | | 569.05 19.90 3.38% |
Black Box financial indicator trend analysis is way more than just evaluating Black Box Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Box Limited is a good investment. Please check the relationship between Black Box Cash and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Box Limited. 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.
Cash vs Non Current Liabilities Total
Cash vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Black Box Limited Cash account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Black Box's Cash and Non Current Liabilities Total is 0.67. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Black Box Limited, assuming nothing else is changed. The correlation between historical values of Black Box's Cash and Non Current Liabilities 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 Black Box Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash i.e., Black Box's Cash and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Black Box Limited, which is listed under current asset account on Black Box Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Black Box customers. The amounts must be unrestricted with restricted cash listed in a different Black Box 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 Liabilities Total
Most indicators from Black Box's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Box Limited 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 Black Box Limited. 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.
Selling General Administrative is likely to drop to about 908.4
M in 2024.
Tax Provision is likely to drop to about 114.8
M in 2024
Black Box fundamental ratios Correlations
Click cells to compare fundamentals
Black Box Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Box fundamental ratios Accounts
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Additional Tools for Black Stock Analysis
When running Black Box's price analysis, check to
measure Black Box's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Box is operating at the current time. Most of Black Box's value examination focuses on studying past and present price action to
predict the probability of Black Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Box's price. Additionally, you may evaluate how the addition of Black Box to your portfolios can decrease your overall portfolio volatility.