BLB Net Debt vs Total Current Assets Analysis

BLBLIMITED

19.41 0.33 1.67%

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 Net Debt and its Total Current 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BLB Limited Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between BLB's Net Debt and Total Current Assets is 0.09. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current 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 Net Debt and Total Current 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 Net Debt of BLB Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., BLB's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 7.4 M. The current Tax Provision is estimated to decrease to about 6 M

BLB fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Investments	Short Term Debt	Intangible Assets
Total Assets		0.81	0.48	0.92	0.8	0.54	0.36	0.67	0.57	0.56	0.65	-0.01	0.35	0.4	0.23	0.43	0.71	-0.04	0.55	0.92	0.9	-0.14	-0.15	-0.28	0.88	0.65
Short Long Term Debt Total	0.81		0.15	0.95	0.38	0.61	0.8	0.2	0.11	0.08	0.77	-0.05	-0.08	0.53	0.35	0.56	0.56	-0.11	0.23	0.95	0.59	-0.25	-0.31	-0.42	0.99	0.34
Other Current Liab	0.48	0.15		0.38	0.47	0.17	-0.23	0.47	0.62	0.59	0.22	-0.16	0.33	0.3	0.08	0.03	0.18	-0.04	0.09	0.39	0.49	-0.06	-0.07	-0.4	0.26	0.68
Total Current Liabilities	0.92	0.95	0.38		0.54	0.61	0.62	0.38	0.39	0.32	0.77	-0.03	0.11	0.57	0.38	0.57	0.61	-0.17	0.3	1.0	0.74	-0.28	-0.33	-0.46	0.99	0.52
Total Stockholder Equity	0.8	0.38	0.47	0.54		0.35	-0.11	0.94	0.67	0.7	0.43	0.05	0.57	0.12	0.25	0.01	0.62	-0.06	0.75	0.55	0.81	-0.25	-0.01	-0.06	0.48	0.74
Property Plant And Equipment Net	0.54	0.61	0.17	0.61	0.35		0.55	0.17	0.08	-0.06	0.74	-0.13	-0.16	0.64	0.41	-0.06	0.12	-0.25	0.37	0.61	0.26	-0.3	-0.36	-0.26	0.62	0.24
Net Debt	0.36	0.8	-0.23	0.62	-0.11	0.55		-0.27	-0.41	-0.53	0.61	-0.03	-0.57	0.53	0.27	0.46	0.34	-0.17	-0.1	0.61	0.09	-0.19	-0.29	-0.24	0.7	-0.04
Retained Earnings	0.67	0.2	0.47	0.38	0.94	0.17	-0.27		0.66	0.73	0.14	0.01	0.58	-0.08	-0.01	0.01	0.61	0.2	0.71	0.38	0.82	-0.12	0.24	0.14	0.31	0.58
Accounts Payable	0.57	0.11	0.62	0.39	0.67	0.08	-0.41	0.66		0.83	0.14	0.22	0.69	0.17	0.19	0.23	0.36	-0.19	0.33	0.4	0.69	-0.14	-0.13	-0.1	0.27	0.58
Cash	0.56	0.08	0.59	0.32	0.7	-0.06	-0.53	0.73	0.83		0.05	-0.03	0.83	-0.15	-0.03	0.04	0.25	0.18	0.51	0.33	0.69	0.05	0.08	-0.17	0.22	0.54
Non Current Assets Total	0.65	0.77	0.22	0.77	0.43	0.74	0.61	0.14	0.14	0.05		0.12	-0.11	0.67	0.74	0.11	0.25	-0.53	0.27	0.76	0.28	-0.54	-0.72	-0.66	0.78	0.61
Non Currrent Assets Other	-0.01	-0.05	-0.16	-0.03	0.05	-0.13	-0.03	0.01	0.22	-0.03	0.12		-0.19	0.09	0.11	0.17	0.21	-0.21	-0.07	-0.03	-0.08	-0.07	-0.47	0.1	-0.02	0.13
Cash And Short Term Investments	0.35	-0.08	0.33	0.11	0.57	-0.16	-0.57	0.58	0.69	0.83	-0.11	-0.19		-0.42	0.02	-0.07	0.19	0.07	0.45	0.12	0.53	0.03	0.28	0.09	0.04	0.32
Net Receivables	0.4	0.53	0.3	0.57	0.12	0.64	0.53	-0.08	0.17	-0.15	0.67	0.09	-0.42		0.53	0.29	0.03	-0.58	-0.16	0.57	0.14	-0.39	-0.66	-0.57	0.54	0.39
Common Stock Shares Outstanding	0.23	0.35	0.08	0.38	0.25	0.41	0.27	-0.01	0.19	-0.03	0.74	0.11	0.02	0.53		-0.04	-0.03	-0.85	0.04	0.38	0.0	-0.89	-0.76	-0.6	0.37	0.49
Non Current Liabilities Total	0.43	0.56	0.03	0.57	0.01	-0.06	0.46	0.01	0.23	0.04	0.11	0.17	-0.07	0.29	-0.04		0.58	-0.03	-0.23	0.57	0.47	0.05	-0.07	-0.07	0.57	-0.03
Inventory	0.71	0.56	0.18	0.61	0.62	0.12	0.34	0.61	0.36	0.25	0.25	0.21	0.19	0.03	-0.03	0.58		0.09	0.4	0.61	0.78	-0.03	0.19	0.21	0.59	0.39
Other Current Assets	-0.04	-0.11	-0.04	-0.17	-0.06	-0.25	-0.17	0.2	-0.19	0.18	-0.53	-0.21	0.07	-0.58	-0.85	-0.03	0.09		0.18	-0.17	0.17	0.63	0.7	0.43	-0.14	-0.41
Other Stockholder Equity	0.55	0.23	0.09	0.3	0.75	0.37	-0.1	0.71	0.33	0.51	0.27	-0.07	0.45	-0.16	0.04	-0.23	0.4	0.18		0.3	0.54	-0.03	0.12	0.09	0.29	0.38
Total Liab	0.92	0.95	0.39	1.0	0.55	0.61	0.61	0.38	0.4	0.33	0.76	-0.03	0.12	0.57	0.38	0.57	0.61	-0.17	0.3		0.75	-0.28	-0.33	-0.46	0.99	0.52
Total Current Assets	0.9	0.59	0.49	0.74	0.81	0.26	0.09	0.82	0.69	0.69	0.28	-0.08	0.53	0.14	0.0	0.47	0.78	0.17	0.54	0.75		-0.04	0.18	-0.01	0.68	0.51
Common Stock	-0.14	-0.25	-0.06	-0.28	-0.25	-0.3	-0.19	-0.12	-0.14	0.05	-0.54	-0.07	0.03	-0.39	-0.89	0.05	-0.03	0.63	-0.03	-0.28	-0.04		0.56	0.45	-0.27	-0.36
Current Deferred Revenue	-0.15	-0.31	-0.07	-0.33	-0.01	-0.36	-0.29	0.24	-0.13	0.08	-0.72	-0.47	0.28	-0.66	-0.76	-0.07	0.19	0.7	0.12	-0.33	0.18	0.56		0.73	-0.33	-0.38
Short Term Investments	-0.28	-0.42	-0.4	-0.46	-0.06	-0.26	-0.24	0.14	-0.1	-0.17	-0.66	0.1	0.09	-0.57	-0.6	-0.07	0.21	0.43	0.09	-0.46	-0.01	0.45	0.73		-0.44	-0.51
Short Term Debt	0.88	0.99	0.26	0.99	0.48	0.62	0.7	0.31	0.27	0.22	0.78	-0.02	0.04	0.54	0.37	0.57	0.59	-0.14	0.29	0.99	0.68	-0.27	-0.33	-0.44		0.43
Intangible Assets	0.65	0.34	0.68	0.52	0.74	0.24	-0.04	0.58	0.58	0.54	0.61	0.13	0.32	0.39	0.49	-0.03	0.39	-0.41	0.38	0.52	0.51	-0.36	-0.38	-0.51	0.43

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BLB Account Relationship Matchups

BLB fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	811.4M	935.8M	978.8M	984.0M	1.1B
Short Long Term Debt Total	157M	24.5M	40M	37.5M	2.5M	2.4M
Other Current Liab	90.2M	(27.6M)	(42.1M)	(39.1M)	11.3M	10.7M
Total Current Liabilities	255.8M	29.6M	59.5M	41.1M	20.9M	19.9M
Total Stockholder Equity	767.9M	781.7M	876.3M	936.9M	963.1M	846.8M
Property Plant And Equipment Net	119.9M	118.9M	237.7M	113.6M	41.2M	39.1M
Net Debt	81.7M	16.3M	34.6M	(20.6M)	(130.2M)	(123.7M)
Retained Earnings	376.3M	387.7M	481.8M	542.3M	788.9M	543.3M
Accounts Payable	4.5M	2.7M	1.5M	1.2M	300K	285K
Cash	75.3M	8.2M	5.4M	58.1M	132.7M	187.1M
Non Current Assets Total	504.3M	452.7M	501.6M	320.8M	136.0M	129.2M
Non Currrent Assets Other	(120.3M)	322.7M	315.3M	(113.7M)	89.9M	121.0M
Cash And Short Term Investments	75.3M	50.6M	7.0M	451.1M	132.7M	214.5M
Net Receivables	401.5M	251.5M	328.9M	6.1M	13.9M	13.2M
Liabilities And Stockholders Equity	1.0B	811.4M	935.8M	978.8M	984.0M	1.1B
Non Current Liabilities Total	98.8M	5.8M	19.5M	800K	41.8M	71.7M
Inventory	40.5M	56.3M	98.2M	192.7M	299.2M	206.6M
Other Current Assets	2.2M	236K	154K	8.1M	416.1M	436.9M
Other Stockholder Equity	(139.6M)	(734.6M)	(654.2M)	25.0M	25.0M	23.8M
Total Liab	255.8M	29.6M	59.5M	41.9M	20.9M	19.9M
Total Current Assets	519.5M	358.7M	434.2M	658M	848.0M	720.5M
Accumulated Other Comprehensive Income	(10.5M)	316.2M	316.5M	316.7M	96.3M	101.1M
Current Deferred Revenue	4.1M	360K	(1.3M)	20.6M	23.7M	24.9M
Short Term Investments	(423.0M)	42.4M	1.5M	393M	408.5M	428.9M
Short Term Debt	157M	24.5M	40M	37.5M	2.5M	2.4M
Intangible Assets	445K	216K	148K	80K	50K	47.5K
Net Tangible Assets	767.5M	781.5M	876.1M	936.8M	843.2M	744.8M
Other Assets	362.7M	317.6M	373.5M	203.7M	715.3M	410.4M
Short Long Term Debt	157M	24.5M	40M	37.5M	2.5M	2.4M
Property Plant Equipment	119.9M	118.9M	116.5M	113.6M	102.2M	143.9M
Cash And Equivalents	115.6M	50.6M	8.2M	58.1M	66.8M	51.2M
Net Invested Capital	924.9M	806.2M	916.3M	974.4M	965.6M	753.4M
Net Working Capital	263.6M	329M	374.7M	616.9M	827M	479.3M

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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.

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BLB Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

BLB fundamental ratios Correlations

BLB Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BLB fundamental ratios Accounts

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Other Information on Investing in BLB Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Total Current Liabilities
Short Term Debt	+ 0.99	Total Liab
Total Current Liabilities	+ 0.95	Short Long Term Debt Total
Total Liab	+ 0.95	Short Long Term Debt Total

Common Stock	- 0.89	Common Stock Shares Outstanding
Other Current Assets	- 0.85	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.76	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.72	Non Current Assets Total
Current Deferred Revenue	- 0.66	Net Receivables
Short Term Investments	- 0.66	Non Current Assets Total