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 Selling General Administrative and its Non Current Assets 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.
Selling General Administrative vs Non Current Assets Total
Selling General Administrative vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Black Box Limited Selling General Administrative account and
Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Black Box's Selling General Administrative and Non Current Assets Total is 0.84. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets 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 Selling General Administrative and Non Current Assets 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 Selling General Administrative of Black Box Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Black Box's Selling General Administrative and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Selling General Administrative
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.
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
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Black Box Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Box fundamental ratios Accounts
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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
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