BEST Total Assets vs Property Plant And Equipment Net Analysis

BEST Stock  USD 2.67  0.01  0.38%   
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 Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BEST Inc Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BEST's Total Assets and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of BEST Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., BEST's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of BEST 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 BEST Inc 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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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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