Blue Investments vs Change To Inventory Analysis

BHAT Stock

USD 0.16 0.01 5.88%

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

Investments vs Change To Inventory

Investments vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Hat Interactive Investments account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Blue Hat's Investments and Change To Inventory is -0.22. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Blue Hat Interactive, assuming nothing else is changed. The correlation between historical values of Blue Hat's Investments and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Blue Hat Interactive are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Investments i.e., Blue Hat's Investments and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Blue Hat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Hat Interactive 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 Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Blue Hat's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.34 in 2024, whereas Discontinued Operations is likely to drop slightly above 939.1 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.5M	4.0M	1.2M	1.1M
Total Revenue	15.2M	7.4M	73.7M	77.4M

Gross Profit Total Revenue

Blue Hat fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.13	0.38	0.72	0.71	0.28	0.19	0.68	0.43	0.94	0.12	0.4	0.41	0.88	0.48	0.3	0.24	0.58	0.26	0.14	-0.38	0.66	0.53	0.05
Other Current Liab	-0.13		-0.14	-0.11	-0.23	-0.45	-0.44	-0.47	0.06	0.04	-0.04	0.12	-0.11	-0.39	0.32	-0.38	0.6	-0.43	0.57	0.81	0.17	-0.29	-0.47	0.08
Total Current Liabilities	0.38	-0.14		-0.34	0.03	0.38	0.91	0.5	-0.08	0.5	0.08	-0.24	0.99	0.66	-0.44	0.93	-0.53	0.0	-0.51	-0.11	0.22	-0.28	-0.36	-0.51
Total Stockholder Equity	0.72	-0.11	-0.34		0.79	0.15	-0.45	0.42	0.49	0.55	-0.08	0.63	-0.33	0.41	0.8	-0.38	0.53	0.66	0.57	0.22	-0.65	0.94	0.78	0.29
Net Tangible Assets	0.71	-0.23	0.03	0.79		0.69	-0.13	0.79	0.38	0.55	-0.5	0.69	-0.03	0.49	0.62	-0.11	0.07	0.82	0.1	0.29	-0.84	0.83	0.45	-0.33
Retained Earnings	0.28	-0.45	0.38	0.15	0.69		0.36	0.81	0.03	0.19	-0.75	0.33	0.27	0.34	0.03	0.28	-0.61	0.58	-0.57	0.04	-0.63	0.35	-0.03	-0.83
Accounts Payable	0.19	-0.44	0.91	-0.45	-0.13	0.36		0.42	-0.23	0.25	0.14	-0.5	0.89	0.6	-0.68	0.97	-0.76	-0.08	-0.74	-0.49	0.32	-0.36	-0.25	-0.41
Cash	0.68	-0.47	0.5	0.42	0.79	0.81	0.42		0.42	0.61	-0.35	0.32	0.44	0.7	0.16	0.44	-0.39	0.59	-0.35	-0.06	-0.69	0.52	0.24	-0.51
Other Assets	0.43	0.06	-0.08	0.49	0.38	0.03	-0.23	0.42		0.37	0.01	0.48	-0.07	0.19	0.58	-0.14	0.34	0.01	0.34	0.16	-0.62	0.4	0.22	0.11
Net Receivables	0.94	0.04	0.5	0.55	0.55	0.19	0.25	0.61	0.37		0.18	0.28	0.54	0.84	0.37	0.41	0.25	0.44	0.28	0.25	-0.24	0.5	0.36	0.02
Inventory	0.12	-0.04	0.08	-0.08	-0.5	-0.75	0.14	-0.35	0.01	0.18		-0.41	0.21	0.24	-0.25	0.27	0.3	-0.26	0.25	-0.43	0.63	-0.23	0.25	0.75
Other Current Assets	0.4	0.12	-0.24	0.63	0.69	0.33	-0.5	0.32	0.48	0.28	-0.41		-0.28	0.03	0.85	-0.48	0.45	0.61	0.46	0.59	-0.65	0.68	0.24	-0.2
Total Liab	0.41	-0.11	0.99	-0.33	-0.03	0.27	0.89	0.44	-0.07	0.54	0.21	-0.28		0.68	-0.44	0.93	-0.46	-0.04	-0.45	-0.13	0.29	-0.3	-0.32	-0.4
Total Current Assets	0.88	-0.39	0.66	0.41	0.49	0.34	0.6	0.7	0.19	0.84	0.24	0.03	0.68		0.04	0.67	-0.15	0.45	-0.12	-0.22	-0.13	0.4	0.41	-0.04
Intangible Assets	0.48	0.32	-0.44	0.8	0.62	0.03	-0.68	0.16	0.58	0.37	-0.25	0.85	-0.44	0.04		-0.62	0.74	0.41	0.73	0.62	-0.61	0.73	0.44	0.18
Common Stock	0.3	-0.38	0.93	-0.38	-0.11	0.28	0.97	0.44	-0.14	0.41	0.27	-0.48	0.93	0.67	-0.62		-0.64	-0.06	-0.62	-0.45	0.31	-0.31	-0.18	-0.3
Property Plant Equipment	0.24	0.6	-0.53	0.53	0.07	-0.61	-0.76	-0.39	0.34	0.25	0.3	0.45	-0.46	-0.15	0.74	-0.64		0.03	0.97	0.55	-0.03	0.35	0.33	0.64
Short Long Term Debt Total	0.58	-0.43	0.0	0.66	0.82	0.58	-0.08	0.59	0.01	0.44	-0.26	0.61	-0.04	0.45	0.41	-0.06	0.03		0.06	0.09	-0.53	0.8	0.55	-0.21
Property Plant And Equipment Net	0.26	0.57	-0.51	0.57	0.1	-0.57	-0.74	-0.35	0.34	0.28	0.25	0.46	-0.45	-0.12	0.73	-0.62	0.97	0.06		0.57	-0.06	0.41	0.32	0.59
Current Deferred Revenue	0.14	0.81	-0.11	0.22	0.29	0.04	-0.49	-0.06	0.16	0.25	-0.43	0.59	-0.13	-0.22	0.62	-0.45	0.55	0.09	0.57		-0.26	0.16	-0.31	-0.25
Net Debt	-0.38	0.17	0.22	-0.65	-0.84	-0.63	0.32	-0.69	-0.62	-0.24	0.63	-0.65	0.29	-0.13	-0.61	0.31	-0.03	-0.53	-0.06	-0.26		-0.71	-0.32	0.33
Net Invested Capital	0.66	-0.29	-0.28	0.94	0.83	0.35	-0.36	0.52	0.4	0.5	-0.23	0.68	-0.3	0.4	0.73	-0.31	0.35	0.8	0.41	0.16	-0.71		0.78	0.11
Net Working Capital	0.53	-0.47	-0.36	0.78	0.45	-0.03	-0.25	0.24	0.22	0.36	0.25	0.24	-0.32	0.41	0.44	-0.18	0.33	0.55	0.32	-0.31	-0.32	0.78		0.58
Capital Stock	0.05	0.08	-0.51	0.29	-0.33	-0.83	-0.41	-0.51	0.11	0.02	0.75	-0.2	-0.4	-0.04	0.18	-0.3	0.64	-0.21	0.59	-0.25	0.33	0.11	0.58

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Blue Hat Account Relationship Matchups

Blue Hat fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.3M	75.7M	36.5M	34.3M	49.3M	47.4M
Other Current Liab	7.0M	3.6M	23.2M	13.9M	4.0M	7.3M
Total Current Liabilities	13.2M	16.7M	18.3M	17.4M	5.7M	5.4M
Total Stockholder Equity	45.4M	58.8M	15.2M	12.1M	40.6M	30.2M
Net Tangible Assets	24.0M	38.0M	44.6M	8.3M	9.5M	9.0M
Retained Earnings	24.1M	31.4M	(25.7M)	(35.1M)	(56.8M)	(54.0M)
Accounts Payable	294.0K	211.6K	959.2K	325.0K	318.7K	302.8K
Cash	10.5M	15.8M	135.6K	76.5K	409.2K	388.7K
Non Current Assets Total	16.1M	25.0M	14.8M	12.7M	10.0M	11.3M
Non Currrent Assets Other	4.4M	4.2M	1.7M	2.5M	2.4M	2.3M
Other Assets	3.6M	(1.0)	4.3M	1.7M	2.0M	1.7M
Long Term Debt	13.3K	505.8K	517.6K	2.3M	835.0K	543.8K
Cash And Short Term Investments	10.5M	15.8M	135.6K	76.5K	409.2K	388.7K
Net Receivables	27.3M	32.1M	19.7M	15.3M	21.3M	19.8M
Common Stock Shares Outstanding	3.5M	4.0M	5.1M	7.6M	29.7M	31.2M
Liabilities And Stockholders Equity	59.3M	75.7M	36.5M	34.3M	49.3M	39.6M
Non Current Liabilities Total	741.9K	300.5K	579.6K	2.3M	3.0M	3.1M
Capital Lease Obligations	685.5K	300.5K	159.1K	42.3K	2.4M	2.5M
Inventory	125.3K	117.1K	108.6K	12.4M	17.5M	18.4M
Other Current Assets	5.3M	16.0M	1.8M	6.2M	36.6K	34.8K
Other Stockholder Equity	21.4M	23.5M	36.3M	44.1M	93.8M	98.5M
Total Liab	14.0M	16.7M	18.9M	19.7M	8.6M	12.0M
Long Term Investments	1.7M	1.9M	1.9M	1.7M	1.7M	1.3M
Property Plant And Equipment Gross	3.0M	4.5M	5.5M	5.1M	7.0M	7.4M
Short Long Term Debt	5.9M	5.9M	860.9K	1.3M	273.7K	260.0K
Total Current Assets	43.2M	50.7M	21.7M	21.5M	39.3M	35.4M
Accumulated Other Comprehensive Income	(163.6K)	3.9M	4.6M	3.0M	3.0M	2.0M
Short Term Debt	5.9M	5.6M	958.0K	485.1K	509.2K	483.7K
Intangible Assets	6.8M	14.3M	6.9M	4.7M	5.3M	6.2M
Common Stock	35.1K	38.6K	53.8K	98.9K	584.0K	1.1M
Property Plant Equipment	208.9K	3.0M	4.5M	4.3M	5.0M	5.2M
Short Long Term Debt Total	6.6M	6.2M	1.5M	3.6M	3.5M	3.3M
Property Plant And Equipment Net	3.1M	4.5M	4.3M	3.9M	5.9M	3.5M
Net Debt	(3.8M)	(9.6M)	1.4M	3.5M	3.1M	3.2M
Net Invested Capital	50.7M	64.7M	16.6M	15.7M	41.7M	28.2M
Net Working Capital	29.0M	34.0M	3.4M	4.1M	33.6M	35.3M

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