BLB Non Currrent Assets Other vs Short Term Investments 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 Non Currrent Assets Other and its Short Term Investments 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.

Non Currrent Assets Other vs Short Term Investments

Non Currrent Assets Other vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BLB Limited Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BLB's Non Currrent Assets Other and Short Term Investments is 0.1. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments 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 Non Currrent Assets Other and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of BLB Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., BLB's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Term Investments

Short Term Investments is an item under the current assets section of BLB balance sheet. It contains any investments BLB Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that BLB Limited can easily liquidate in the marketplace.
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

0.810.480.920.80.540.360.670.570.560.65-0.010.350.40.230.430.71-0.040.550.920.9-0.14-0.15-0.280.880.65
0.810.150.950.380.610.80.20.110.080.77-0.05-0.080.530.350.560.56-0.110.230.950.59-0.25-0.31-0.420.990.34
0.480.150.380.470.17-0.230.470.620.590.22-0.160.330.30.080.030.18-0.040.090.390.49-0.06-0.07-0.40.260.68
0.920.950.380.540.610.620.380.390.320.77-0.030.110.570.380.570.61-0.170.31.00.74-0.28-0.33-0.460.990.52
0.80.380.470.540.35-0.110.940.670.70.430.050.570.120.250.010.62-0.060.750.550.81-0.25-0.01-0.060.480.74
0.540.610.170.610.350.550.170.08-0.060.74-0.13-0.160.640.41-0.060.12-0.250.370.610.26-0.3-0.36-0.260.620.24
0.360.8-0.230.62-0.110.55-0.27-0.41-0.530.61-0.03-0.570.530.270.460.34-0.17-0.10.610.09-0.19-0.29-0.240.7-0.04
0.670.20.470.380.940.17-0.270.660.730.140.010.58-0.08-0.010.010.610.20.710.380.82-0.120.240.140.310.58
0.570.110.620.390.670.08-0.410.660.830.140.220.690.170.190.230.36-0.190.330.40.69-0.14-0.13-0.10.270.58
0.560.080.590.320.7-0.06-0.530.730.830.05-0.030.83-0.15-0.030.040.250.180.510.330.690.050.08-0.170.220.54
0.650.770.220.770.430.740.610.140.140.050.12-0.110.670.740.110.25-0.530.270.760.28-0.54-0.72-0.660.780.61
-0.01-0.05-0.16-0.030.05-0.13-0.030.010.22-0.030.12-0.190.090.110.170.21-0.21-0.07-0.03-0.08-0.07-0.470.1-0.020.13
0.35-0.080.330.110.57-0.16-0.570.580.690.83-0.11-0.19-0.420.02-0.070.190.070.450.120.530.030.280.090.040.32
0.40.530.30.570.120.640.53-0.080.17-0.150.670.09-0.420.530.290.03-0.58-0.160.570.14-0.39-0.66-0.570.540.39
0.230.350.080.380.250.410.27-0.010.19-0.030.740.110.020.53-0.04-0.03-0.850.040.380.0-0.89-0.76-0.60.370.49
0.430.560.030.570.01-0.060.460.010.230.040.110.17-0.070.29-0.040.58-0.03-0.230.570.470.05-0.07-0.070.57-0.03
0.710.560.180.610.620.120.340.610.360.250.250.210.190.03-0.030.580.090.40.610.78-0.030.190.210.590.39
-0.04-0.11-0.04-0.17-0.06-0.25-0.170.2-0.190.18-0.53-0.210.07-0.58-0.85-0.030.090.18-0.170.170.630.70.43-0.14-0.41
0.550.230.090.30.750.37-0.10.710.330.510.27-0.070.45-0.160.04-0.230.40.180.30.54-0.030.120.090.290.38
0.920.950.391.00.550.610.610.380.40.330.76-0.030.120.570.380.570.61-0.170.30.75-0.28-0.33-0.460.990.52
0.90.590.490.740.810.260.090.820.690.690.28-0.080.530.140.00.470.780.170.540.75-0.040.18-0.010.680.51
-0.14-0.25-0.06-0.28-0.25-0.3-0.19-0.12-0.140.05-0.54-0.070.03-0.39-0.890.05-0.030.63-0.03-0.28-0.040.560.45-0.27-0.36
-0.15-0.31-0.07-0.33-0.01-0.36-0.290.24-0.130.08-0.72-0.470.28-0.66-0.76-0.070.190.70.12-0.330.180.560.73-0.33-0.38
-0.28-0.42-0.4-0.46-0.06-0.26-0.240.14-0.1-0.17-0.660.10.09-0.57-0.6-0.070.210.430.09-0.46-0.010.450.73-0.44-0.51
0.880.990.260.990.480.620.70.310.270.220.78-0.020.040.540.370.570.59-0.140.290.990.68-0.27-0.33-0.440.43
0.650.340.680.520.740.24-0.040.580.580.540.610.130.320.390.49-0.030.39-0.410.380.520.51-0.36-0.38-0.510.43
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BLB Account Relationship Matchups

BLB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B811.4M935.8M978.8M984.0M1.1B
Short Long Term Debt Total157M24.5M40M37.5M2.5M2.4M
Other Current Liab90.2M(27.6M)(42.1M)(39.1M)11.3M10.7M
Total Current Liabilities255.8M29.6M59.5M41.1M20.9M19.9M
Total Stockholder Equity767.9M781.7M876.3M936.9M963.1M846.8M
Property Plant And Equipment Net119.9M118.9M237.7M113.6M41.2M39.1M
Net Debt81.7M16.3M34.6M(20.6M)(130.2M)(123.7M)
Retained Earnings376.3M387.7M481.8M542.3M788.9M543.3M
Accounts Payable4.5M2.7M1.5M1.2M300K285K
Cash75.3M8.2M5.4M58.1M132.7M187.1M
Non Current Assets Total504.3M452.7M501.6M320.8M136.0M129.2M
Non Currrent Assets Other(120.3M)322.7M315.3M(113.7M)89.9M121.0M
Cash And Short Term Investments75.3M50.6M7.0M451.1M132.7M214.5M
Net Receivables401.5M251.5M328.9M6.1M13.9M13.2M
Liabilities And Stockholders Equity1.0B811.4M935.8M978.8M984.0M1.1B
Non Current Liabilities Total98.8M5.8M19.5M800K41.8M71.7M
Inventory40.5M56.3M98.2M192.7M299.2M206.6M
Other Current Assets2.2M236K154K8.1M416.1M436.9M
Other Stockholder Equity(139.6M)(734.6M)(654.2M)25.0M25.0M23.8M
Total Liab255.8M29.6M59.5M41.9M20.9M19.9M
Total Current Assets519.5M358.7M434.2M658M848.0M720.5M
Accumulated Other Comprehensive Income(10.5M)316.2M316.5M316.7M96.3M101.1M
Current Deferred Revenue4.1M360K(1.3M)20.6M23.7M24.9M
Short Term Investments(423.0M)42.4M1.5M393M408.5M428.9M
Short Term Debt157M24.5M40M37.5M2.5M2.4M
Intangible Assets445K216K148K80K50K47.5K
Net Tangible Assets767.5M781.5M876.1M936.8M843.2M744.8M
Other Assets362.7M317.6M373.5M203.7M715.3M410.4M
Short Long Term Debt157M24.5M40M37.5M2.5M2.4M
Property Plant Equipment119.9M118.9M116.5M113.6M102.2M143.9M
Cash And Equivalents115.6M50.6M8.2M58.1M66.8M51.2M
Net Invested Capital924.9M806.2M916.3M974.4M965.6M753.4M
Net Working Capital263.6M329M374.7M616.9M827M479.3M

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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.