Beston Other Current Assets vs Common Stock Total Equity Analysis

BFC Stock   0  0.00  0.00%   
Beston Global financial indicator trend analysis is way more than just evaluating Beston Global Food prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beston Global Food is a good investment. Please check the relationship between Beston Global Other Current Assets and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beston Global Food. 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.

Other Current Assets vs Common Stock Total Equity

Other Current Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beston Global Food Other Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beston Global's Other Current Assets and Common Stock Total Equity is 0.6. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Beston Global Food, assuming nothing else is changed. The correlation between historical values of Beston Global's Other Current Assets 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 Other Current Assets of Beston Global Food 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 Other Current Assets i.e., Beston Global's Other Current Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Beston Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beston Global Food 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 Beston Global Food. 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.
Tax Provision is likely to gain to about 36 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.5M26.3M30.2M31.7M
Total Revenue126.8M169.5M195.0M204.7M

Beston Global fundamental ratios Correlations

0.00.510.750.28-0.020.37-0.09-0.080.8-0.360.62-0.08-0.510.0-0.58-0.060.24-0.020.180.270.72-0.280.350.470.62
0.0-0.770.20.610.91-0.850.91-0.88-0.1-0.140.39-0.880.390.90.70.710.630.940.670.09-0.630.890.760.48-0.59
0.51-0.770.24-0.49-0.860.97-0.820.780.360.1-0.110.78-0.5-0.75-0.92-0.78-0.32-0.83-0.590.280.92-0.85-0.52-0.070.74
0.750.20.240.340.150.080.23-0.310.5-0.180.39-0.31-0.050.21-0.15-0.040.310.110.260.320.350.010.620.470.2
0.280.61-0.490.340.75-0.550.65-0.810.42-0.710.48-0.810.060.690.420.680.130.710.99-0.48-0.210.570.870.66-0.04
-0.020.91-0.860.150.75-0.90.92-0.970.05-0.340.49-0.970.350.880.730.880.480.970.82-0.2-0.650.830.820.39-0.5
0.37-0.850.970.08-0.55-0.9-0.890.840.280.08-0.210.84-0.44-0.85-0.92-0.8-0.39-0.89-0.640.190.89-0.92-0.63-0.190.74
-0.090.91-0.820.230.650.92-0.89-0.93-0.05-0.210.44-0.930.550.880.720.830.430.940.73-0.12-0.660.90.830.3-0.52
-0.08-0.880.78-0.31-0.81-0.970.84-0.93-0.150.36-0.511.0-0.42-0.84-0.68-0.82-0.39-0.92-0.860.230.56-0.8-0.9-0.520.44
0.8-0.10.360.50.420.050.28-0.05-0.15-0.460.78-0.15-0.38-0.06-0.510.15-0.240.020.37-0.310.6-0.290.330.30.74
-0.36-0.140.1-0.18-0.71-0.340.08-0.210.36-0.46-0.320.360.18-0.210.08-0.480.01-0.33-0.670.4-0.24-0.07-0.52-0.32-0.43
0.620.39-0.110.390.480.49-0.210.44-0.510.78-0.32-0.51-0.150.43-0.130.610.170.520.51-0.140.160.220.540.20.34
-0.08-0.880.78-0.31-0.81-0.970.84-0.931.0-0.150.36-0.51-0.42-0.84-0.68-0.82-0.39-0.92-0.860.230.56-0.8-0.9-0.520.44
-0.510.39-0.5-0.050.060.35-0.440.55-0.42-0.380.18-0.15-0.420.180.510.22-0.10.340.15-0.17-0.560.40.26-0.03-0.52
0.00.9-0.750.210.690.88-0.850.88-0.84-0.06-0.210.43-0.840.180.710.790.60.920.740.0-0.60.950.780.4-0.52
-0.580.7-0.92-0.150.420.73-0.920.72-0.68-0.510.08-0.13-0.680.510.710.540.290.680.49-0.2-0.960.840.470.15-0.88
-0.060.71-0.78-0.040.680.88-0.80.83-0.820.15-0.480.61-0.820.220.790.540.290.90.77-0.35-0.510.740.680.09-0.23
0.240.63-0.320.310.130.48-0.390.43-0.39-0.240.010.17-0.39-0.10.60.290.290.520.130.72-0.230.480.380.25-0.43
-0.020.94-0.830.110.710.97-0.890.94-0.920.02-0.330.52-0.920.340.920.680.90.520.78-0.12-0.610.890.790.35-0.46
0.180.67-0.590.260.990.82-0.640.73-0.860.37-0.670.51-0.860.150.740.490.770.130.78-0.52-0.320.650.870.59-0.11
0.270.090.280.32-0.48-0.20.19-0.120.23-0.310.4-0.140.23-0.170.0-0.2-0.350.72-0.12-0.520.18-0.06-0.15-0.01-0.17
0.72-0.630.920.35-0.21-0.650.89-0.660.560.6-0.240.160.56-0.56-0.6-0.96-0.51-0.23-0.61-0.320.18-0.78-0.270.040.9
-0.280.89-0.850.010.570.83-0.920.9-0.8-0.29-0.070.22-0.80.40.950.840.740.480.890.65-0.06-0.780.660.3-0.69
0.350.76-0.520.620.870.82-0.630.83-0.90.33-0.520.54-0.90.260.780.470.680.380.790.87-0.15-0.270.660.59-0.18
0.470.48-0.070.470.660.39-0.190.3-0.520.3-0.320.2-0.52-0.030.40.150.090.250.350.59-0.010.040.30.59-0.11
0.62-0.590.740.2-0.04-0.50.74-0.520.440.74-0.430.340.44-0.52-0.52-0.88-0.23-0.43-0.46-0.11-0.170.9-0.69-0.18-0.11
Click cells to compare fundamentals

Beston Global Account Relationship Matchups

Beston Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets145.3M130.2M131.5M104.3M93.8M106.7M
Total Current Liabilities40.6M20.8M43.4M46.4M53.4M27.9M
Total Stockholder Equity80.7M76.7M54.9M32.8M29.5M28.1M
Net Tangible Assets72.1M69.6M49.9M31.6M28.5M56.6M
Property Plant And Equipment Net42.1M55.7M57.2M49.5M56.9M56.7M
Net Debt39.1M32.3M55.7M44.8M51.5M54.1M
Retained Earnings(69.7M)(91.5M)(113.3M)(162.1M)(145.9M)(138.6M)
Accounts Payable11.2M15.0M15.6M17.1M19.7M11.1M
Cash10.6M922K322K230K207K196.7K
Non Current Assets Total70.3M90.4M94.2M50.7M45.6M63.1M
Non Currrent Assets Other(7.4M)(5.9M)(3.9M)(1.1M)(981.9K)(1.0M)
Other Assets14.2M15.8M19.6M27.7M31.7M0.0
Cash And Short Term Investments10.6M922K322K230K207K196.7K
Net Receivables11.9M16.7M16.7M20.9M24.0M17.3M
Common Stock Shares Outstanding512.7M692.5M924.0M1.5B1.8B1.9B
Liabilities And Stockholders Equity145.3M130.2M131.5M104.3M93.8M106.7M
Non Current Liabilities Total24.8M33.5M34.0M24.5M28.1M19.4M
Other Current Assets39.9M2.0M2.2M14.0M16.1M10.6M
Total Liab65.4M54.3M77.4M70.9M81.5M47.8M
Property Plant And Equipment Gross42.1M55.7M57.2M49.5M56.9M54.9M
Total Current Assets75.0M39.7M37.3M53.6M48.2M40.4M
Intangible Assets8.6M7.1M5.1M104K93.6K88.9K
Common Stock159.3M174.6M176.6M203.3M233.8M169.7M
Property Plant Equipment42.1M55.7M57.2M49.5M56.9M52.9M
Other Current Liab3.2M4.2M3.6M8.3M7.5M6.5M
Other Liab1.3M1.8M1.9M68K61.2K58.1K
Good Will7.4M5.9M3.9M1.1M1.3M1.2M
Inventory12.6M18.9M18.1M18.4M21.2M17.1M
Other Stockholder Equity(9.1M)(8.9M)(6.4M)(8.3M)(7.5M)(7.1M)
Accumulated Other Comprehensive Income(8.9M)(6.4M)(8.4M)(8.3M)(7.5M)(7.1M)
Long Term Debt Total23.4M31.7M39.0M24.4M28.1M24.2M
Net Invested Capital128.4M109.9M111M77.8M70.1M94.1M
Short Long Term Debt25.0M1.5M17.1M20.6M23.7M14.3M
Net Working Capital34.4M19.0M1.1M7.2M6.4M6.1M
Short Term Debt26.2M1.5M24.3M20.6M23.7M15.7M
Short Long Term Debt Total49.7M33.2M63.3M45.0M51.8M46.6M
Long Term Debt22.7M31.7M39.0M20.2M23.3M27.2M

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 Beston Stock Analysis

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