Blackboxstocks Accounts Payable vs Property Plant Equipment Analysis
BLBX Stock | USD 2.09 0.15 6.70% |
Blackboxstocks financial indicator trend analysis is way more than just evaluating Blackboxstocks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackboxstocks is a good investment. Please check the relationship between Blackboxstocks Accounts Payable and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackboxstocks. 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. For more information on how to buy Blackboxstocks Stock please use our How to Invest in Blackboxstocks guide.
Accounts Payable vs Property Plant Equipment
Accounts Payable vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackboxstocks Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blackboxstocks' Accounts Payable and Property Plant Equipment is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Blackboxstocks, assuming nothing else is changed. The correlation between historical values of Blackboxstocks' Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Blackboxstocks are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Blackboxstocks' Accounts Payable and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Blackboxstocks obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blackboxstocks are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant Equipment
Most indicators from Blackboxstocks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackboxstocks 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 Blackboxstocks. 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. For more information on how to buy Blackboxstocks Stock please use our How to Invest in Blackboxstocks guide.At this time, Blackboxstocks' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 12.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (1.80) in 2024.
Blackboxstocks fundamental ratios Correlations
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Blackboxstocks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackboxstocks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 280.6K | 1.2M | 11.2M | 4.3M | 9.8M | 10.3M | |
Other Current Liab | 1.5M | 150.0K | 6.5K | 1.6K | 1.9K | 1.8K | |
Total Current Liabilities | 3.6M | 2.0M | 2.9M | 1.9M | 2.2M | 1.5M | |
Total Stockholder Equity | (3.3M) | (1.8M) | 7.8M | 2.2M | 7.3M | 7.7M | |
Net Debt | 1.1M | 383.7K | (988.0K) | (21.6K) | (80.8K) | (76.8K) | |
Retained Earnings | (6.8M) | (7.2M) | (9.8M) | (14.8M) | (19.5M) | (18.5M) | |
Cash | 21.2K | 972.8K | 2.4M | 425.6K | 472.7K | 512.8K | |
Cash And Short Term Investments | 21.2K | 972.8K | 10.4M | 3.6M | 475.7K | 451.9K | |
Common Stock Shares Outstanding | 1.9M | 2.0M | 2.4M | 13.2M | 3.2M | 3.1M | |
Liabilities And Stockholders Equity | 280.6K | 1.2M | 11.2M | 4.3M | 9.8M | 10.3M | |
Other Stockholder Equity | 3.4M | 5.4M | 17.6M | 17.0M | 26.8M | 28.1M | |
Total Liab | 3.6M | 2.9M | 3.3M | 2.2M | 2.5M | 1.6M | |
Total Current Assets | 36.7K | 1.0M | 10.7M | 3.9M | 1.0M | 1.8M | |
Common Stock | 7.9K | 8.4K | 13.1K | 13.2K | 3.2K | 3.1K | |
Net Tangible Assets | (3.4M) | (1.8M) | 7.8M | 2.2M | 2.5M | 2.6M | |
Accounts Payable | 632.3K | 352.5K | 585.6K | 730.1K | 842.4K | 455.9K | |
Property Plant And Equipment Net | 126.3K | 68.0K | 448.1K | 428.7K | 396.7K | 416.5K | |
Non Current Assets Total | 243.9K | 149.4K | 448.1K | 428.7K | 8.8M | 9.3M | |
Non Currrent Assets Other | 109.9K | 81.3K | (448.1K) | (428.7K) | (385.9K) | (366.6K) | |
Non Current Liabilities Total | 66.7K | 916.4K | 404.0K | 305.3K | 299.0K | 243.4K | |
Capital Lease Obligations | 112.8K | 66.7K | 398.3K | 335.6K | 386.0K | 405.3K | |
Inventory | (9.8K) | 17.7K | 13.6K | 15.5K | 3.5K | 4.9K | |
Other Current Assets | 9.8K | 44.6K | 454.9K | 190.1K | 510.2K | 535.7K | |
Property Plant And Equipment Gross | 235.4K | 3.8K | 680.7K | 746.6K | 858.6K | 901.5K | |
Short Long Term Debt | 1.0M | 399.6K | 971.9K | 28.7K | 33.0K | 31.4K | |
Accumulated Other Comprehensive Income | (17.4K) | (39.9K) | 35.1K | 12.5K | 15K | 23.3K | |
Short Term Debt | 1.1M | 480.6K | 1.0M | 98.7K | 92.9K | 88.2K | |
Property Plant Equipment | 118.7K | 3.8K | 448.1K | 428.7K | 493.0K | 517.7K | |
Current Deferred Revenue | 369.0K | 1.2M | 1.3M | 1.0M | 1.3M | 731.5K | |
Net Receivables | 15.6K | 18.0K | 18.6K | 59.6K | 18.2K | 19.3K | |
Short Long Term Debt Total | 1.2M | 1.4M | 1.4M | 404.0K | 391.8K | 372.3K | |
Net Invested Capital | (2.3M) | (473.0K) | 8.9M | 2.2M | 2.6M | 1.4M | |
Net Working Capital | (3.5M) | (990.7K) | 7.8M | 2.1M | 2.4M | 2.5M | |
Capital Stock | 12.9K | 13.4K | 16.4K | 16.5K | 14.8K | 13.9K |
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