Black Inventory vs Good Will Analysis

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 Inventory and its Good Will 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.

Inventory vs Good Will

Inventory vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Box Limited Inventory account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Black Box's Inventory and Good Will is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Good Will 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 Inventory and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Black Box Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Inventory i.e., Black Box's Inventory and Good Will go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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
 2021 2022 2023 2024 (projected)
Interest Expense734.5M1.1B1.4B1.5B
Depreciation And Amortization986M1.1B1.1B1.2B

Black Box fundamental ratios Correlations

0.810.530.970.260.850.610.860.860.750.830.840.840.860.880.540.990.990.210.370.910.570.580.79-0.220.95
0.810.530.790.240.790.920.650.860.480.580.710.930.650.760.530.830.810.270.170.750.320.520.74-0.180.77
0.530.530.59-0.210.290.360.610.350.190.440.60.480.20.53-0.060.590.59-0.2-0.030.260.180.130.35-0.180.4
0.970.790.590.10.80.560.890.830.780.850.820.770.80.890.430.990.960.250.390.90.560.570.8-0.350.91
0.260.24-0.210.10.560.20.130.440.150.160.20.410.44-0.020.530.130.26-0.180.180.310.130.110.00.690.36
0.850.790.290.80.560.590.760.980.70.740.610.880.790.710.710.820.810.190.410.860.490.570.76-0.040.93
0.610.920.360.560.20.590.320.680.320.360.580.820.50.620.480.630.620.310.010.590.240.440.6-0.130.55
0.860.650.610.890.130.760.320.770.60.730.660.670.660.710.340.870.840.080.40.730.360.460.68-0.250.84
0.860.860.350.830.440.980.680.770.660.710.610.910.730.750.690.850.810.30.360.850.440.610.84-0.170.93
0.750.480.190.780.150.70.320.60.660.830.670.540.760.810.480.750.730.240.630.90.730.470.64-0.310.73
0.830.580.440.850.160.740.360.730.710.830.730.640.830.80.440.830.820.10.180.830.890.480.64-0.240.79
0.840.710.60.820.20.610.580.660.610.670.730.710.760.780.430.840.90.090.330.790.540.40.51-0.090.69
0.840.930.480.770.410.880.820.670.910.540.640.710.690.80.720.830.840.180.230.770.420.560.77-0.120.86
0.860.650.20.80.440.790.50.660.730.760.830.760.690.690.510.810.860.050.320.910.730.430.550.040.82
0.880.760.530.89-0.020.710.620.710.750.810.80.780.80.690.570.910.870.270.40.850.620.620.85-0.480.84
0.540.53-0.060.430.530.710.480.340.690.480.440.430.720.510.570.50.510.330.280.60.360.70.65-0.10.66
0.990.830.590.990.130.820.630.870.850.750.830.840.830.810.910.50.980.250.350.90.560.590.83-0.330.93
0.990.810.590.960.260.810.620.840.810.730.820.90.840.860.870.510.980.140.350.890.570.530.72-0.170.91
0.210.27-0.20.25-0.180.190.310.080.30.240.10.090.180.050.270.330.250.140.10.320.030.550.52-0.60.23
0.370.17-0.030.390.180.410.010.40.360.630.180.330.230.320.40.280.350.350.10.52-0.030.20.31-0.110.41
0.910.750.260.90.310.860.590.730.850.90.830.790.770.910.850.60.90.890.320.520.650.580.76-0.220.9
0.570.320.180.560.130.490.240.360.440.730.890.540.420.730.620.360.560.570.03-0.030.650.340.4-0.130.54
0.580.520.130.570.110.570.440.460.610.470.480.40.560.430.620.70.590.530.550.20.580.340.7-0.340.65
0.790.740.350.80.00.760.60.680.840.640.640.510.770.550.850.650.830.720.520.310.760.40.7-0.620.85
-0.22-0.18-0.18-0.350.69-0.04-0.13-0.25-0.17-0.31-0.24-0.09-0.120.04-0.48-0.1-0.33-0.17-0.6-0.11-0.22-0.13-0.34-0.62-0.2
0.950.770.40.910.360.930.550.840.930.730.790.690.860.820.840.660.930.910.230.410.90.540.650.85-0.2
Click cells to compare fundamentals

Black Box Account Relationship Matchups

Black Box fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.4B23.0B26.5B30.0B27.8B14.0B
Short Long Term Debt Total6.6B3.3B4.8B6.3B7.1B7.5B
Other Current Liab8.9B4.9B2.9B2.6B2.5B3.2B
Total Current Liabilities19.9B16.9B19.1B20.4B15.5B9.7B
Total Stockholder Equity(478.3M)2.1B2.6B3.0B4.8B5.0B
Property Plant And Equipment Net2.5B3.1B3.8B4.2B4.1B4.3B
Net Debt3.4B(253.5M)1.8B4.3B4.9B5.1B
Cash3.2B3.5B3.0B2.0B2.2B1.5B
Non Current Assets Total7.5B7.5B8.4B9.2B9.6B10.1B
Non Currrent Assets Other2.8B2.7B6.8B7.5B1.2B1.9B
Cash And Short Term Investments4.4B5.4B3.7B8.9B2.2B2.3B
Net Receivables6.9B6.3B9.3B11.0B6.3B5.4B
Liabilities And Stockholders Equity23.4B23.0B26.5B30.0B27.8B14.0B
Non Current Liabilities Total3.9B4.1B4.8B6.6B7.4B7.8B
Inventory1.4B1.5B2.3B3.6B2.5B1.2B
Other Current Assets9.7B8.6B12.8B15.2B7.1B5.1B
Other Stockholder Equity(207.6M)2.2B2.2B2.7B2.7B2.9B
Total Liab23.8B21.0B23.9B27.1B23.0B12.0B
Total Current Assets15.8B15.5B18.1B20.8B18.1B10.2B
Common Stock297.5M325.3M328.1M335.8M336.1M292.2M
Common Stock Shares Outstanding148.7M152.1M829.6M167.7M168.3M208.9M
Accounts Payable5.5B5.2B10.1B11.6B7.0B4.9B
Short Term Investments1.2B1.9B639.9M6.9B351.7M334.1M
Intangible Assets426M432.7M474.2M608.1M630.7M345.8M
Current Deferred Revenue4.2B4.9B4.8B5.1B5.0B2.6B
Retained Earnings(1.6B)(2.1B)(1.3B)(1.1B)264.9M278.1M
Good Will2.3B2.7B3.0B3.2B3.3B1.9B
Accumulated Other Comprehensive Income339.2M1.6B1.4B1.0B1.5B1.2B
Short Term Debt5.1B1.1B1.4B1.0B838.4M1.5B
Other Liab4.2B1.9B1.3B1.4B1.6B2.0B
Net Tangible Assets(4.5B)(1.1B)(873.7M)(807.5M)(928.6M)(975.1M)
Other Assets2.0B1.3B1.1B915.6M824.0M973.4M
Property Plant Equipment2.8B3.1B3.8B4.2B4.8B2.9B
Long Term Debt152.1M1.2B2.3B3.0B3.6B2.2B
Capital Lease Obligations2.0B1.5B2.1B2.8B3.1B2.1B
Net Invested Capital4.1B4.0B5.3B6.5B8.8B6.8B
Short Long Term Debt4.5B731.4M449.1M470M354.7M337.0M
Capital Stock297.5M325.3M328.1M335.8M336.1M352.0M
Net Working Capital(4.0B)(1.3B)(1.1B)404.1M2.6B2.7B

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