BEST Inventory vs Common Stock Total Equity Analysis

BEST Stock  USD 2.66  0.02  0.75%   
BEST financial indicator trend analysis is way more than just evaluating BEST Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BEST Inc is a good investment. Please check the relationship between BEST Inventory and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Inventory vs Common Stock Total Equity

Inventory vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BEST Inc Inventory account and Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between BEST's Inventory and Common Stock Total Equity is 0.25. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of BEST Inc, assuming nothing else is changed. The correlation between historical values of BEST's Inventory and Common Stock Total Equity 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 BEST Inc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Inventory i.e., BEST's Inventory and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from BEST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BEST Inc 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 BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Selling General Administrative is likely to gain to about 876.1 M in 2024, despite the fact that Discontinued Operations is likely to grow to (42 M).
 2021 2022 2023 2024 (projected)
Interest Expense142.8M89.1M64.3M78.3M
Depreciation And Amortization191.4M188.9M189.2M246.7M

BEST fundamental ratios Correlations

0.070.03-0.010.06-0.040.120.020.00.17-0.120.230.060.46-0.03-0.38-0.140.30.130.24-0.1-0.190.160.190.07-0.12
0.070.890.750.980.780.90.440.920.80.78-0.710.710.520.960.490.810.640.960.330.780.63-0.420.440.860.81
0.030.890.760.880.680.730.430.960.580.94-0.690.440.420.960.70.810.40.830.010.730.83-0.350.050.860.74
-0.010.750.760.830.480.720.260.80.660.75-0.510.180.210.790.550.620.230.630.10.510.49-0.220.040.970.53
0.060.980.880.830.760.930.450.930.850.8-0.660.670.410.960.450.80.520.940.360.740.59-0.420.410.920.77
-0.040.780.680.480.760.730.810.620.490.64-0.730.680.270.730.510.860.530.860.190.940.61-0.870.390.590.95
0.120.90.730.720.930.730.510.830.930.69-0.440.770.350.860.230.650.570.850.640.650.33-0.390.640.810.67
0.020.440.430.260.450.810.510.380.30.53-0.290.41-0.160.450.230.520.110.560.20.620.35-0.880.210.350.63
0.00.920.960.80.930.620.830.380.760.93-0.580.530.340.990.540.730.360.830.220.630.69-0.260.20.890.65
0.170.80.580.660.850.490.930.30.760.55-0.250.730.260.76-0.030.450.420.740.740.40.15-0.150.670.750.42
-0.120.780.940.750.80.640.690.530.930.55-0.570.340.110.910.670.750.140.710.00.660.79-0.39-0.050.830.66
0.23-0.71-0.69-0.51-0.66-0.73-0.44-0.29-0.58-0.25-0.57-0.43-0.39-0.67-0.77-0.92-0.44-0.720.28-0.89-0.850.58-0.02-0.59-0.9
0.060.710.440.180.670.680.770.410.530.730.34-0.430.410.60.00.550.660.780.670.620.21-0.420.830.350.63
0.460.520.420.210.410.270.35-0.160.340.260.11-0.390.410.380.260.350.880.510.140.360.220.110.380.280.37
-0.030.960.960.790.960.730.860.450.990.760.91-0.670.60.380.580.810.450.90.220.740.72-0.380.260.890.76
-0.380.490.70.550.450.510.230.230.54-0.030.67-0.770.00.260.580.760.210.45-0.540.680.84-0.38-0.370.540.68
-0.140.810.810.620.80.860.650.520.730.450.75-0.920.550.350.810.760.440.85-0.080.970.82-0.670.130.730.96
0.30.640.40.230.520.530.570.110.360.420.14-0.440.660.880.450.210.440.620.410.540.16-0.170.680.310.56
0.130.960.830.630.940.860.850.560.830.740.71-0.720.780.510.90.450.850.620.320.840.62-0.560.460.760.86
0.240.330.010.10.360.190.640.20.220.740.00.280.670.140.22-0.54-0.080.410.320.0-0.460.020.90.170.01
-0.10.780.730.510.740.940.650.620.630.40.66-0.890.620.360.740.680.970.540.840.00.75-0.780.250.630.99
-0.190.630.830.490.590.610.330.350.690.150.79-0.850.210.220.720.840.820.160.62-0.460.75-0.47-0.310.590.74
0.16-0.42-0.35-0.22-0.42-0.87-0.39-0.88-0.26-0.15-0.390.58-0.420.11-0.38-0.38-0.67-0.17-0.560.02-0.78-0.47-0.16-0.3-0.79
0.190.440.050.040.410.390.640.210.20.67-0.05-0.020.830.380.26-0.370.130.680.460.90.25-0.31-0.160.130.27
0.070.860.860.970.920.590.810.350.890.750.83-0.590.350.280.890.540.730.310.760.170.630.59-0.30.130.64
-0.120.810.740.530.770.950.670.630.650.420.66-0.90.630.370.760.680.960.560.860.010.990.74-0.790.270.64
Click cells to compare fundamentals

BEST Account Relationship Matchups

BEST fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding19.5M19.4M26.5M4.9M19.1M14.7M
Total Assets19.5B19.8B11.3B7.8B6.3B11.8B
Short Long Term Debt Total8.5B9.6B5.9B4.1B3.3B4.3B
Other Current Liab2.0B8.3B1.9B2.0B1.4B2.6B
Total Current Liabilities10.6B12.6B5.8B4.8B4.9B7.3B
Total Stockholder Equity3.9B1.8B2.1B697.0M(98.2M)(103.1M)
Other Liab163.0M175.6M24.3M18.8M21.6M20.5M
Net Tangible Assets3.3B1.4B2.0B567.3M652.4M685.0M
Property Plant And Equipment Net7.3B7.9B2.7B2.5B1.9B3.3B
Current Deferred Revenue1.5B1.5B298.4M277.7M469.1M655.7M
Net Debt6.5B8.2B2.3B3.5B2.9B2.6B
Retained Earnings(15.6B)(17.7B)(17.5B)(18.9B)(19.7B)(20.7B)
Accounts Payable3.4B1.5B1.4B1.4B1.6B1.5B
Cash2.0B1.4B3.6B533.5M426.0M404.7M
Non Current Assets Total9.8B10.5B4.5B4.5B3.2B5.2B
Non Currrent Assets Other437.8M1.3B1.2B1.7B859.3M740.9M
Other Assets1.6B2.0B1.5B1.7B2.0B1.4B
Long Term Debt1.4B2.3B1.8B929.3M584.7M856.1M
Cash And Short Term Investments3.1B1.7B3.7B1.3B461.9M438.8M
Net Receivables2.1B1.8B1.5B849.5M990.4M1.4B
Good Will469.1M491.0M295.8M54.1M48.7M46.3M
Short Term Investments1.1B268.6M147.4M725.0M35.9M34.1M
Liabilities And Stockholders Equity19.5B19.8B11.3B7.8B6.3B11.8B
Non Current Liabilities Total5.0B5.5B3.3B2.2B1.5B1.4B
Capital Lease Obligations4.5B4.1B2.0B1.8B1.4B1.7B
Inventory140.0M44.1M25.6M16.5M7.8M7.4M
Other Current Assets2.6B6.1B1.6B1.2B1.6B2.2B
Other Stockholder Equity19.4B19.3B19.4B19.5B19.5B16.6B
Total Liab15.6B18.1B9.1B7.0B6.3B9.0B
Long Term Investments230.9M221.4M219.2M156.9M180.4M154.3M
Property Plant And Equipment Gross7.3B7.9B2.7B2.5B2.9B3.5B
Short Long Term Debt2.6B3.2B2.1B1.3B1.3B1.7B
Total Current Assets9.7B9.3B6.8B3.3B3.1B2.9B
Accumulated Other Comprehensive Income163.2M159.7M107.5M124.5M119.2M119.0M
Non Current Liabilities Other137.2M175.6M24.3M18.8M22.8M21.7M
Short Term Debt3.7B2.8B2.6B1.3B1.8B2.0B
Intangible Assets121.6M12.2M55.7M75.6M93.2M83.0M

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Additional Tools for BEST Stock Analysis

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