BLB Inventory vs Intangible Assets Analysis

BLBLIMITED   16.58  0.11  0.66%   
BLB financial indicator trend analysis is way more than just evaluating BLB Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BLB Limited is a good investment. Please check the relationship between BLB Inventory and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BLB Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Inventory vs Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BLB Limited Inventory account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between BLB's Inventory and Intangible Assets is 0.35. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of BLB Limited, assuming nothing else is changed. The correlation between historical values of BLB's Inventory and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of BLB Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., BLB's Inventory and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from BLB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BLB Limited 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 BLB Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current Selling General Administrative is estimated to decrease to about 6.7 M. The current Tax Provision is estimated to decrease to about 6 M
 2022 2023 2024 2025 (projected)
Interest Expense8.6M5.6M5.0M4.8M
Depreciation And Amortization2.1B1.9M2.1M2.0M

BLB fundamental ratios Correlations

0.82-0.330.920.810.580.40.60.410.550.680.030.36-0.20.230.410.66-0.370.30.930.86-0.3-0.24-0.360.890.68
0.82-0.610.960.40.640.810.17-0.10.090.77-0.02-0.05-0.10.310.550.53-0.590.150.950.57-0.33-0.37-0.470.990.39
-0.33-0.61-0.560.11-0.29-0.670.240.230.24-0.33-0.20.27-0.31-0.17-0.75-0.320.730.21-0.56-0.230.170.310.17-0.590.11
0.920.96-0.560.560.630.640.330.190.320.770.00.14-0.120.350.560.57-0.580.251.00.72-0.36-0.39-0.510.990.55
0.810.40.110.560.38-0.060.880.660.70.470.070.58-0.240.30.010.590.00.310.570.8-0.3-0.09-0.150.50.75
0.580.64-0.290.630.380.580.130.1-0.040.76-0.09-0.130.010.38-0.060.09-0.13-0.080.630.25-0.39-0.42-0.350.640.31
0.40.81-0.670.64-0.060.58-0.29-0.56-0.50.62-0.01-0.53-0.030.270.460.31-0.46-0.250.630.09-0.28-0.34-0.30.720.03
0.60.170.240.330.880.13-0.290.640.720.070.00.56-0.310.060.00.620.210.260.340.820.040.260.170.260.5
0.41-0.10.230.190.660.1-0.560.640.820.090.140.71-0.080.14-0.080.150.040.40.20.53-0.15-0.09-0.10.060.58
0.550.090.240.320.7-0.04-0.50.720.820.07-0.020.83-0.11-0.020.040.25-0.070.650.330.69-0.020.05-0.170.230.52
0.680.77-0.330.770.470.760.620.070.090.070.16-0.040.080.630.110.19-0.440.130.770.25-0.65-0.76-0.730.780.66
0.03-0.02-0.20.00.07-0.09-0.010.00.14-0.020.16-0.180.140.110.170.2-0.26-0.10.01-0.08-0.14-0.480.040.010.16
0.36-0.050.270.140.58-0.13-0.530.560.710.83-0.04-0.18-0.170.02-0.060.18-0.080.560.150.53-0.070.220.040.070.33
-0.2-0.1-0.31-0.12-0.240.01-0.03-0.31-0.08-0.110.080.14-0.170.150.08-0.47-0.37-0.36-0.11-0.32-0.15-0.42-0.26-0.09-0.2
0.230.31-0.170.350.30.380.270.060.14-0.020.630.110.020.15-0.040.0-0.350.110.350.04-0.85-0.67-0.580.340.44
0.410.55-0.750.560.01-0.060.460.0-0.080.040.110.17-0.060.08-0.040.57-0.74-0.090.550.470.01-0.08-0.070.55-0.03
0.660.53-0.320.570.590.090.310.620.150.250.190.20.18-0.470.00.57-0.19-0.010.570.780.040.190.210.550.35
-0.37-0.590.73-0.580.0-0.13-0.460.210.04-0.07-0.44-0.26-0.08-0.37-0.35-0.74-0.19-0.1-0.58-0.220.350.530.43-0.6-0.05
0.30.150.210.250.31-0.08-0.250.260.40.650.13-0.10.56-0.360.11-0.09-0.01-0.10.250.34-0.12-0.08-0.380.220.36
0.930.95-0.561.00.570.630.630.340.20.330.770.010.15-0.110.350.550.57-0.580.250.72-0.36-0.39-0.510.990.56
0.860.57-0.230.720.80.250.090.820.530.690.25-0.080.53-0.320.040.470.78-0.220.340.72-0.020.16-0.010.660.49
-0.3-0.330.17-0.36-0.3-0.39-0.280.04-0.15-0.02-0.65-0.14-0.07-0.15-0.850.010.040.35-0.12-0.36-0.020.680.59-0.35-0.45
-0.24-0.370.31-0.39-0.09-0.42-0.340.26-0.090.05-0.76-0.480.22-0.42-0.67-0.080.190.53-0.08-0.390.160.680.79-0.39-0.45
-0.36-0.470.17-0.51-0.15-0.35-0.30.17-0.1-0.17-0.730.040.04-0.26-0.58-0.070.210.43-0.38-0.51-0.010.590.79-0.49-0.58
0.890.99-0.590.990.50.640.720.260.060.230.780.010.07-0.090.340.550.55-0.60.220.990.66-0.35-0.39-0.490.47
0.680.390.110.550.750.310.030.50.580.520.660.160.33-0.20.44-0.030.35-0.050.360.560.49-0.45-0.45-0.580.47
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BLB Account Relationship Matchups

BLB fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets811.4M935.8M978.8M984.0M885.6M1.1B
Short Long Term Debt Total24.5M40M37.5M2.5M2.3M2.1M
Other Current Liab(27.6M)(42.1M)(39.1M)11.3M10.2M10.7M
Total Current Liabilities29.6M59.5M41.1M20.9M18.8M17.9M
Total Stockholder Equity781.7M876.3M936.9M963.1M866.7M846.8M
Property Plant And Equipment Net118.9M237.7M113.6M41.2M37.1M35.2M
Net Debt16.3M34.6M(20.6M)(130.2M)(149.7M)(142.2M)
Retained Earnings387.7M481.8M542.3M788.9M710.0M543.3M
Accounts Payable2.7M1.5M1.2M300K270K256.5K
Cash8.2M5.4M58.1M132.7M119.4M187.1M
Non Current Assets Total452.7M501.6M320.8M136.0M122.4M116.3M
Non Currrent Assets Other322.7M315.3M(113.7M)89.9M80.9M121.0M
Cash And Short Term Investments50.6M7.0M451.1M132.7M119.4M214.5M
Net Receivables251.5M328.9M6.1M13.9M12.5M11.9M
Liabilities And Stockholders Equity811.4M935.8M978.8M984.0M885.6M1.1B
Non Current Liabilities Total5.8M19.5M800K41.8M37.6M71.7M
Inventory56.3M98.2M192.7M299.2M269.3M206.6M
Other Current Assets236K154K8.1M416.1M374.5M393.2M
Total Liab29.6M59.5M41.9M20.9M18.8M17.9M
Total Current Assets358.7M434.2M658M848.0M763.2M720.5M
Accumulated Other Comprehensive Income316.2M316.5M316.7M96.3M110.7M116.3M
Current Deferred Revenue4.1M360K(1.3M)20.6M23.7M24.9M
Short Term Investments42.4M1.5M393M408.5M469.8M493.3M
Short Term Debt24.5M40M37.5M2.5M2.3M2.1M
Intangible Assets216K148K80K50K45K42.8K
Net Tangible Assets767.5M781.5M876.1M936.8M843.2M744.8M
Other Assets317.6M373.5M203.7M715.3M822.6M863.7M
Short Long Term Debt24.5M40M37.5M2.5M2.3M2.1M
Property Plant Equipment119.9M118.9M116.5M113.6M102.2M143.9M
Good Will38.0M18.5M20K4.9M4.4M4.2M
Cash And Equivalents115.6M50.6M8.2M58.1M66.8M51.2M
Net Invested Capital806.2M916.3M974.4M965.6M869.0M753.4M
Net Working Capital329M374.7M616.9M827M951.1M479.3M
Property Plant And Equipment Gross131.5M252.6M113.6M41.2M37.1M35.2M

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Other Information on Investing in BLB Stock

Balance Sheet is a snapshot of the financial position of BLB Limited at a specified time, usually calculated after every quarter, six months, or one year. BLB Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BLB and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BLB currently owns. An asset can also be divided into two categories, current and non-current.