BEST Total Stockholder Equity vs Non Current Assets Total 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 Stockholder Equity and its Non Current Assets Total 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 Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BEST Inc Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between BEST's Total Stockholder Equity and Non Current Assets Total is 0.73. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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 Stockholder Equity 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 Total Stockholder Equity of BEST Inc 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 Total Stockholder Equity i.e., BEST's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for BEST Stock Analysis

When running BEST's price analysis, check to measure BEST'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 BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.