Blue Other Stockholder Equity vs Cash Analysis
BLBD Stock | USD 42.83 1.65 4.01% |
Blue Bird financial indicator trend analysis is way more than just evaluating Blue Bird Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Bird Corp is a good investment. Please check the relationship between Blue Bird Other Stockholder Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Bird Corp Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Bird's Other Stockholder Equity and Cash is 0.74. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Blue Bird Corp, assuming nothing else is changed. The correlation between historical values of Blue Bird's Other Stockholder Equity and Cash 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 Stockholder Equity of Blue Bird Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Blue Bird's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Blue Bird Corp, which is listed under current asset account on Blue Bird Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blue Bird customers. The amounts must be unrestricted with restricted cash listed in a different Blue Bird account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Blue Bird's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Bird Corp 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 Bird Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Blue Bird's Tax Provision is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 800.6M | 1.1B | 1.3B | 1.0B | Depreciation And Amortization | 15.2M | 17.1M | 19.7M | 12.0M |
Blue Bird fundamental ratios Correlations
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Blue Bird Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Bird fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 317.4M | 356.0M | 366.1M | 417.8M | 524.9M | 338.5M | |
Other Current Liab | 33.3M | 28.5M | 27.1M | 64.0M | 77.4M | 41.7M | |
Total Current Liabilities | 111.6M | 124.8M | 164.8M | 229.6M | 236.0M | 152.6M | |
Total Stockholder Equity | (53.2M) | (32.7M) | 1.4M | 40.0M | 159.6M | 167.5M | |
Property Plant And Equipment Net | 110.4M | 111.0M | 102.3M | 96.1M | 97.7M | 74.6M | |
Net Debt | 136.8M | 203.6M | 161.9M | 52.9M | (31.7M) | (30.1M) | |
Retained Earnings | (33.5M) | (33.8M) | (79.5M) | (55.7M) | (50.1M) | (52.6M) | |
Accounts Payable | 57.6M | 72.3M | 107.9M | 137.1M | 143.2M | 93.4M | |
Cash | 44.5M | 11.7M | 10.5M | 79.0M | 127.7M | 134.1M | |
Non Current Assets Total | 200.5M | 199.9M | 191.7M | 181.7M | 201.5M | 179.0M | |
Non Currrent Assets Other | 1.0M | 1.5M | 1.5M | 1.5M | 39.1M | 41.0M | |
Other Assets | 4.0M | 26.7M | 5.9M | 12.4M | 14.2M | 15.0M | |
Cash And Short Term Investments | 44.5M | 11.7M | 10.5M | 79.0M | 127.7M | 134.1M | |
Net Receivables | 7.6M | 10.0M | 12.5M | 12.6M | 59.1M | 62.1M | |
Non Current Liabilities Total | 259.0M | 263.9M | 200.0M | 148.1M | 92.8M | 88.1M | |
Inventory | 56.5M | 125.2M | 143.0M | 135.3M | 127.8M | 92.4M | |
Other Current Assets | 8.2M | 9.2M | 8.5M | 9.2M | 8.8M | 8.2M | |
Other Stockholder Equity | 38.6M | 45.9M | 122.8M | 127.6M | 186.0M | 195.3M | |
Total Liab | 370.6M | 388.7M | 364.7M | 377.8M | 129.4M | 122.9M | |
Total Current Assets | 116.9M | 156.1M | 174.5M | 236.1M | 323.4M | 168.9M | |
Intangible Assets | 51.6M | 49.4M | 47.4M | 45.4M | 43.6M | 44.3M | |
Short Long Term Debt Total | 181.3M | 215.3M | 172.3M | 131.9M | 96.0M | 149.6M | |
Common Stock Shares Outstanding | 27.1M | 27.1M | 31.0M | 32.3M | 33.3M | 26.1M | |
Liabilities And Stockholders Equity | 317.4M | 356.0M | 366.1M | 417.8M | 524.9M | 344.7M | |
Accumulated Other Comprehensive Income | (58.4M) | (44.8M) | (41.9M) | (31.9M) | (26.4M) | (27.7M) | |
Short Term Debt | 12.2M | 16.2M | 22.5M | 20.4M | 6.0M | 5.7M | |
Other Liab | 78.7M | 82.3M | 64.8M | 43.4M | 39.1M | 56.8M | |
Net Tangible Assets | (67.8M) | (53.2M) | (32.7M) | 1.4M | 1.6M | 1.7M | |
Current Deferred Revenue | 8.5M | 7.8M | 7.2M | 8.1M | 9.4M | 7.4M | |
Long Term Debt | 164.2M | 194.6M | 150.4M | 110.5M | 99.5M | 127.7M | |
Retained Earnings Total Equity | (45.6M) | (33.5M) | (33.8M) | (79.5M) | (71.6M) | (75.1M) | |
Capital Surpluse | 84.3M | 88.9M | 96.2M | 173.1M | 199.1M | 209.0M | |
Deferred Long Term Liab | 15.6M | 14.3M | 16.0M | 11.6M | 13.3M | 12.3M | |
Long Term Investments | 14.3M | 14.8M | 10.7M | 17.6M | 20.3M | 13.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Blue Bird Corp is a strong investment it is important to analyze Blue Bird's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blue Bird's future performance. For an informed investment choice regarding Blue Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blue Bird. If investors know Blue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blue Bird listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.931 | Earnings Share 3.01 | Revenue Per Share 40.348 | Quarterly Revenue Growth 0.133 | Return On Assets 0.2078 |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.