Bel Accounts Payable vs Total Assets Analysis

BELFB Stock  USD 79.41  2.26  2.93%   
Bel Fuse financial indicator trend analysis is way more than just evaluating Bel Fuse B prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bel Fuse B is a good investment. Please check the relationship between Bel Fuse Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bel Fuse B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bel Fuse B Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bel Fuse's Accounts Payable and Total Assets is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bel Fuse B, assuming nothing else is changed. The correlation between historical values of Bel Fuse's Accounts Payable and Total Assets 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 Bel Fuse B are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Bel Fuse's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Bel Fuse 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 Bel Fuse B 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.

Total Assets

Total assets refers to the total amount of Bel Fuse assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bel Fuse B books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Bel Fuse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bel Fuse B 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 Bel Fuse B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The current year's Selling General Administrative is expected to grow to about 104 M. The current year's Tax Provision is expected to grow to about 9.9 M
 2021 2022 2023 2024 (projected)
Gross Profit134.4M183.5M215.8M226.6M
Total Revenue543.5M654.2M639.8M671.8M

Bel Fuse fundamental ratios Correlations

0.760.790.970.720.870.60.750.590.910.950.660.910.620.80.890.540.650.880.660.930.550.730.760.620.31
0.760.30.750.120.80.950.170.40.90.840.170.640.440.990.580.320.470.960.210.540.660.950.80.19-0.18
0.790.30.80.860.590.160.870.430.570.640.680.80.450.350.810.420.540.50.70.860.340.340.490.660.5
0.970.750.80.640.840.640.670.490.850.890.510.960.650.790.940.450.690.890.540.920.520.740.850.590.2
0.720.120.860.640.51-0.10.990.560.470.560.90.660.430.160.670.530.450.310.820.830.220.10.240.710.69
0.870.80.590.840.510.640.550.720.840.840.450.810.690.80.740.50.650.850.380.770.590.810.850.47-0.03
0.60.950.160.64-0.10.64-0.060.120.790.69-0.10.530.30.940.470.160.350.890.060.360.590.90.760.06-0.29
0.750.170.870.670.990.55-0.060.590.520.580.90.670.420.20.680.550.420.350.820.830.270.160.280.690.66
0.590.40.430.490.560.720.120.590.520.570.670.460.540.380.410.440.480.430.330.570.410.480.410.430.07
0.910.90.570.850.470.840.790.520.520.890.450.730.390.890.650.420.410.920.470.690.740.860.720.340.09
0.950.840.640.890.560.840.690.580.570.890.60.850.640.880.820.460.670.920.620.860.530.810.750.570.25
0.660.170.680.510.90.45-0.10.90.670.450.60.490.390.20.530.550.430.30.860.740.210.140.090.70.75
0.910.640.80.960.660.810.530.670.460.730.850.490.750.70.970.390.760.810.510.940.370.640.850.620.2
0.620.440.450.650.430.690.30.420.540.390.640.390.750.490.760.380.810.560.270.730.220.440.640.540.01
0.80.990.350.790.160.80.940.20.380.890.880.20.70.490.650.330.520.980.260.60.60.950.830.26-0.13
0.890.580.810.940.670.740.470.680.410.650.820.530.970.760.650.440.80.760.570.960.260.560.780.710.31
0.540.320.420.450.530.50.160.550.440.420.460.550.390.380.330.440.30.380.530.570.060.260.260.430.34
0.650.470.540.690.450.650.350.420.480.410.670.430.760.810.520.80.30.590.420.760.190.470.670.780.24
0.880.960.50.890.310.850.890.350.430.920.920.30.810.560.980.760.380.590.360.720.610.930.870.37-0.04
0.660.210.70.540.820.380.060.820.330.470.620.860.510.270.260.570.530.420.360.720.190.140.110.780.89
0.930.540.860.920.830.770.360.830.570.690.860.740.940.730.60.960.570.760.720.720.30.520.670.770.46
0.550.660.340.520.220.590.590.270.410.740.530.210.370.220.60.260.060.190.610.190.30.680.420.03-0.12
0.730.950.340.740.10.810.90.160.480.860.810.140.640.440.950.560.260.470.930.140.520.680.840.19-0.27
0.760.80.490.850.240.850.760.280.410.720.750.090.850.640.830.780.260.670.870.110.670.420.840.34-0.25
0.620.190.660.590.710.470.060.690.430.340.570.70.620.540.260.710.430.780.370.780.770.030.190.340.71
0.31-0.180.50.20.69-0.03-0.290.660.070.090.250.750.20.01-0.130.310.340.24-0.040.890.46-0.12-0.27-0.250.71
Click cells to compare fundamentals

Bel Fuse Account Relationship Matchups

Bel Fuse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets470.7M453.9M511.8M560.5M571.6M600.2M
Short Long Term Debt Total162.8M130.2M134.0M116.6M82.6M78.5M
Other Current Liab33.2M35.7M36.6M56.6M60.3M63.3M
Total Current Liabilities90.5M87.5M112.0M136.3M110.6M116.1M
Total Stockholder Equity168.1M185.8M208.7M262.3M340.6M357.6M
Property Plant And Equipment Net60.4M48.7M59.5M58.4M57.0M39.7M
Net Debt89.7M45.3M72.3M46.3M(6.8M)(7.1M)
Retained Earnings157.1M166.5M187.9M237.2M307.5M322.9M
Cash73.2M84.9M61.8M70.3M89.4M55.2M
Non Current Assets Total187.2M173.7M182.8M179.1M190.2M199.7M
Non Currrent Assets Other32.4M35.2M35.7M28.6M35.3M37.0M
Cash And Short Term Investments73.2M84.9M61.8M70.3M126.9M133.3M
Net Receivables75.5M85.5M115.4M125.5M96.9M101.8M
Common Stock Shares Outstanding14.0M14.0M14.1M14.3M12.8M12.3M
Liabilities And Stockholders Equity470.7M453.9M511.8M560.5M571.6M600.2M
Non Current Liabilities Total212.2M180.5M191.1M161.8M120.5M126.5M
Inventory107.3M100.1M139.4M172.5M136.5M143.4M
Other Current Assets27.5M9.6M12.5M13.2M21.1M22.2M
Other Stockholder Equity33.8M36.1M38.4M40.4M43.8M25.4M
Total Liab302.6M268.1M303.1M298.1M231.1M242.6M
Property Plant And Equipment Gross60.4M48.7M59.5M36.8M136.2M143.0M
Total Current Assets283.4M280.2M329.0M381.4M381.5M400.6M
Accumulated Other Comprehensive Income(24.1M)(18.1M)(18.9M)(16.5M)(12.0M)(12.6M)
Short Term Debt12.9M12.1M7.2M6.3M6.8M7.0M
Intangible Assets72.4M65.8M61.0M54.1M49.4M28.0M
Accounts Payable44.4M39.8M66.0M64.6M40.4M23.7M
Common Stock Total Equity1.2M1.2M1.3M1.3M1.5M1.3M
Common Stock1.2M1.2M1.3M1.3M1.3M1.3M
Other Assets30.9M35.2M35.7M35.9M1.00.95
Good Will22.0M24.0M26.7M25.1M26.6M27.8M
Property Plant Equipment41.9M34.5M59.5M36.8M42.4M47.8M
Other Liab60.2M62.2M63.9M49.5M56.9M34.0M
Long Term Debt138.2M110.3M112.5M95M60M92.9M
Retained Earnings Total Equity157.1M166.5M187.9M237.2M272.8M286.4M
Net Tangible Assets168.1M185.8M121.1M262.3M301.7M180.1M
Short Long Term Debt2.6M2.5M5.5M5.3M4.8M7.5M
Long Term Debt Total111.7M138.2M110.3M95M85.5M98.7M
Capital Surpluse33.8M36.1M38.4M40.8M46.9M35.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bel Fuse B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bel Fuse's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bel Fuse B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bel Fuse B Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bel Fuse B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Electronic Equipment, Instruments & Components 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 Bel Fuse. If investors know Bel 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 Bel Fuse 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
(0.58)
Dividend Share
0.24
Earnings Share
4.12
Revenue Per Share
41.429
Quarterly Revenue Growth
(0.22)
The market value of Bel Fuse B is measured differently than its book value, which is the value of Bel that is recorded on the company's balance sheet. Investors also form their own opinion of Bel Fuse's value that differs from its market value or its book value, called intrinsic value, which is Bel Fuse'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 Bel Fuse's market value can be influenced by many factors that don't directly affect Bel Fuse'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 Bel Fuse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bel Fuse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bel Fuse'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.