BLB Other Current Assets vs Intangible Assets Analysis

BLBLIMITED   19.41  0.20  1.02%   
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 Other Current Assets 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.

Other Current Assets vs Intangible Assets

Other Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BLB Limited Other Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between BLB's Other Current Assets and Intangible Assets is 0.02. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., BLB's Other Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 7.4 M. The current Tax Provision is estimated to decrease to about 6 M
 2021 2022 2023 2024 (projected)
Interest Expense5.6M8.6M5.6M5.3M
Depreciation And Amortization3.4B2.1B1.9M1.8M

BLB fundamental ratios Correlations

0.81-0.310.920.80.540.360.670.40.560.65-0.010.35-0.240.230.430.71-0.330.290.920.9-0.14-0.15-0.280.880.65
0.81-0.610.950.380.610.80.2-0.120.080.77-0.05-0.08-0.130.350.560.56-0.560.140.950.59-0.25-0.31-0.420.990.34
-0.31-0.61-0.550.14-0.27-0.670.220.240.25-0.31-0.190.29-0.3-0.18-0.76-0.340.720.22-0.55-0.230.130.280.13-0.580.15
0.920.95-0.550.540.610.620.380.170.320.77-0.030.11-0.150.380.570.61-0.560.241.00.74-0.28-0.33-0.460.990.52
0.80.380.140.540.35-0.110.940.660.70.430.050.57-0.260.250.010.620.040.30.550.81-0.25-0.01-0.060.480.74
0.540.61-0.270.610.350.550.170.07-0.060.74-0.13-0.16-0.020.41-0.060.12-0.08-0.110.610.26-0.3-0.36-0.260.620.24
0.360.8-0.670.62-0.110.55-0.27-0.6-0.530.61-0.03-0.57-0.050.270.460.34-0.44-0.280.610.09-0.19-0.29-0.240.7-0.04
0.670.20.220.380.940.17-0.270.660.730.140.010.58-0.3-0.010.010.610.180.280.380.82-0.120.240.140.310.58
0.4-0.120.240.170.660.07-0.60.660.820.050.130.7-0.090.15-0.090.160.070.390.180.53-0.11-0.06-0.060.040.59
0.560.080.250.320.7-0.06-0.530.730.820.05-0.030.83-0.11-0.030.040.25-0.060.650.330.690.050.08-0.170.220.54
0.650.77-0.310.770.430.740.610.140.050.050.12-0.110.030.740.110.25-0.40.10.760.28-0.54-0.72-0.660.780.61
-0.01-0.05-0.19-0.030.05-0.13-0.030.010.13-0.030.12-0.190.130.110.170.21-0.24-0.11-0.03-0.08-0.07-0.470.1-0.020.13
0.35-0.080.290.110.57-0.16-0.570.580.70.83-0.11-0.19-0.180.02-0.070.19-0.060.560.120.530.030.280.090.040.32
-0.24-0.13-0.3-0.15-0.26-0.02-0.05-0.3-0.09-0.110.030.13-0.180.160.08-0.47-0.36-0.37-0.15-0.32-0.12-0.41-0.24-0.12-0.25
0.230.35-0.180.380.250.410.27-0.010.15-0.030.740.110.020.16-0.04-0.03-0.420.120.380.0-0.89-0.76-0.60.370.49
0.430.56-0.760.570.01-0.060.460.01-0.090.040.110.17-0.070.08-0.040.58-0.75-0.090.570.470.05-0.07-0.070.57-0.03
0.710.56-0.340.610.620.120.340.610.160.250.250.210.19-0.47-0.030.58-0.210.00.610.78-0.030.190.210.590.39
-0.33-0.560.72-0.560.04-0.08-0.440.180.07-0.06-0.4-0.24-0.06-0.36-0.42-0.75-0.21-0.08-0.55-0.230.310.50.38-0.580.02
0.290.140.220.240.3-0.11-0.280.280.390.650.1-0.110.56-0.370.12-0.090.0-0.080.240.34-0.09-0.05-0.380.20.35
0.920.95-0.551.00.550.610.610.380.180.330.76-0.030.12-0.150.380.570.61-0.550.240.75-0.28-0.33-0.460.990.52
0.90.59-0.230.740.810.260.090.820.530.690.28-0.080.53-0.320.00.470.78-0.230.340.75-0.040.18-0.010.680.51
-0.14-0.250.13-0.28-0.25-0.3-0.19-0.12-0.110.05-0.54-0.070.03-0.12-0.890.05-0.030.31-0.09-0.28-0.040.560.45-0.27-0.36
-0.15-0.310.28-0.33-0.01-0.36-0.290.24-0.060.08-0.72-0.470.28-0.41-0.76-0.070.190.5-0.05-0.330.180.560.73-0.33-0.38
-0.28-0.420.13-0.46-0.06-0.26-0.240.14-0.06-0.17-0.660.10.09-0.24-0.6-0.070.210.38-0.38-0.46-0.010.450.73-0.44-0.51
0.880.99-0.580.990.480.620.70.310.040.220.78-0.020.04-0.120.370.570.59-0.580.20.990.68-0.27-0.33-0.440.43
0.650.340.150.520.740.24-0.040.580.590.540.610.130.32-0.250.49-0.030.390.020.350.520.51-0.36-0.38-0.510.43
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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 Liab(165.2M)(27.6M)(42.1M)(39.1M)11.3M11.9M
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
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.