Blackboxstocks Non Current Assets Total vs Other Current Assets Analysis

BLBX Stock  USD 2.66  0.05  1.85%   
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 Non Current Assets Total and its Other Current Assets 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.

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackboxstocks Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blackboxstocks' Non Current Assets Total and Other Current Assets is 0.77. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Blackboxstocks, assuming nothing else is changed. The correlation between historical values of Blackboxstocks' Non Current Assets Total and Other 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 Non Current Assets Total of Blackboxstocks are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Blackboxstocks' Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.
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

-0.20.560.95-0.45-0.850.680.620.320.940.570.7-0.430.810.640.930.750.580.870.940.790.480.410.790.83-0.67
-0.20.59-0.440.73-0.03-0.16-0.14-0.07-0.140.52-0.16-0.11-0.510.33-0.07-0.13-0.13-0.44-0.09-0.020.060.47-0.37-0.5-0.38
0.560.590.280.26-0.680.520.50.350.570.990.52-0.320.20.870.670.290.470.170.60.760.580.870.380.27-0.88
0.95-0.440.28-0.64-0.720.60.550.240.870.290.63-0.350.880.430.830.740.520.950.870.610.330.140.80.88-0.42
-0.450.730.26-0.640.04-0.61-0.59-0.03-0.250.23-0.61-0.2-0.830.16-0.29-0.07-0.56-0.65-0.29-0.160.020.14-0.72-0.78-0.2
-0.85-0.03-0.68-0.720.04-0.39-0.32-0.58-0.97-0.7-0.410.48-0.45-0.84-0.91-0.8-0.3-0.65-0.93-0.83-0.72-0.41-0.46-0.490.83
0.68-0.160.520.6-0.61-0.390.90.140.480.580.91-0.060.760.380.60.10.840.490.520.710.320.70.860.8-0.5
0.62-0.140.50.55-0.59-0.320.90.320.410.520.990.010.820.390.63-0.060.990.390.540.610.440.60.920.85-0.38
0.32-0.070.350.24-0.03-0.580.140.320.490.360.34-0.030.260.580.620.130.360.120.570.490.950.130.270.28-0.43
0.94-0.140.570.87-0.25-0.970.480.410.490.590.51-0.480.620.740.940.850.380.810.970.80.620.330.60.66-0.74
0.570.520.990.290.23-0.70.580.520.360.590.53-0.350.210.850.670.290.480.160.60.830.610.910.40.29-0.91
0.7-0.160.520.63-0.61-0.410.910.990.340.510.53-0.030.860.440.70.050.980.490.620.650.470.590.940.88-0.43
-0.43-0.11-0.32-0.35-0.20.48-0.060.01-0.03-0.48-0.35-0.03-0.1-0.2-0.43-0.570.03-0.21-0.46-0.46-0.24-0.25-0.12-0.150.58
0.81-0.510.20.88-0.83-0.450.760.820.260.620.210.86-0.10.280.720.330.810.790.710.530.310.190.960.99-0.23
0.640.330.870.430.16-0.840.380.390.580.740.850.44-0.20.280.770.480.380.370.740.760.710.580.390.34-0.78
0.93-0.070.670.83-0.29-0.910.60.630.620.940.670.7-0.430.720.770.640.620.70.990.830.760.450.730.75-0.76
0.75-0.130.290.74-0.07-0.80.1-0.060.130.850.290.05-0.570.330.480.64-0.10.770.740.490.240.020.230.34-0.53
0.58-0.130.470.52-0.56-0.30.840.990.360.380.480.980.030.810.380.62-0.10.360.530.560.460.550.910.83-0.34
0.87-0.440.170.95-0.65-0.650.490.390.120.810.160.49-0.210.790.370.70.770.360.770.460.17-0.010.670.76-0.29
0.94-0.090.60.87-0.29-0.930.520.540.570.970.60.62-0.460.710.740.990.740.530.770.780.690.340.690.73-0.72
0.79-0.020.760.61-0.16-0.830.710.610.490.80.830.65-0.460.530.760.830.490.560.460.780.710.720.650.61-0.87
0.480.060.580.330.02-0.720.320.440.950.620.610.47-0.240.310.710.760.240.460.170.690.710.390.370.36-0.69
0.410.470.870.140.14-0.410.70.60.130.330.910.59-0.250.190.580.450.020.55-0.010.340.720.390.410.28-0.77
0.79-0.370.380.8-0.72-0.460.860.920.270.60.40.94-0.120.960.390.730.230.910.670.690.650.370.410.98-0.35
0.83-0.50.270.88-0.78-0.490.80.850.280.660.290.88-0.150.990.340.750.340.830.760.730.610.360.280.98-0.31
-0.67-0.38-0.88-0.42-0.20.83-0.5-0.38-0.43-0.74-0.91-0.430.58-0.23-0.78-0.76-0.53-0.34-0.29-0.72-0.87-0.69-0.77-0.35-0.31
Click cells to compare fundamentals

Blackboxstocks Account Relationship Matchups

Blackboxstocks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets280.6K1.2M11.2M4.3M9.8M10.3M
Other Current Liab1.5M150.0K6.5K1.6K1.9K1.8K
Total Current Liabilities3.6M2.0M2.9M1.9M2.2M1.5M
Total Stockholder Equity(3.3M)(1.8M)7.8M2.2M7.3M7.7M
Net Debt1.1M383.7K(988.0K)(21.6K)(80.8K)(76.8K)
Retained Earnings(6.8M)(7.2M)(9.8M)(14.8M)(19.5M)(18.5M)
Cash21.2K972.8K2.4M425.6K472.7K512.8K
Cash And Short Term Investments21.2K972.8K10.4M3.6M475.7K451.9K
Common Stock Shares Outstanding1.9M2.0M2.4M13.2M3.2M3.1M
Liabilities And Stockholders Equity280.6K1.2M11.2M4.3M9.8M10.3M
Other Stockholder Equity3.4M5.4M17.6M17.0M26.8M28.1M
Total Liab3.6M2.9M3.3M2.2M2.5M1.6M
Total Current Assets36.7K1.0M10.7M3.9M1.0M1.8M
Common Stock7.9K8.4K13.1K13.2K3.2K3.1K
Net Tangible Assets(3.4M)(1.8M)7.8M2.2M2.5M2.6M
Accounts Payable632.3K352.5K585.6K730.1K842.4K455.9K
Property Plant And Equipment Net126.3K68.0K448.1K428.7K396.7K416.5K
Non Current Assets Total243.9K149.4K448.1K428.7K8.8M9.3M
Non Currrent Assets Other109.9K81.3K(448.1K)(428.7K)(385.9K)(366.6K)
Non Current Liabilities Total66.7K916.4K404.0K305.3K299.0K243.4K
Capital Lease Obligations112.8K66.7K398.3K335.6K386.0K405.3K
Inventory(9.8K)17.7K13.6K15.5K3.5K4.9K
Other Current Assets9.8K44.6K454.9K190.1K510.2K535.7K
Property Plant And Equipment Gross235.4K3.8K680.7K746.6K858.6K901.5K
Short Long Term Debt1.0M399.6K971.9K28.7K33.0K31.4K
Accumulated Other Comprehensive Income(17.4K)(39.9K)35.1K12.5K15K23.3K
Short Term Debt1.1M480.6K1.0M98.7K92.9K88.2K
Property Plant Equipment118.7K3.8K448.1K428.7K493.0K517.7K
Current Deferred Revenue369.0K1.2M1.3M1.0M1.3M731.5K
Net Receivables15.6K18.0K18.6K59.6K18.2K19.3K
Short Long Term Debt Total1.2M1.4M1.4M404.0K391.8K372.3K
Net Invested Capital(2.3M)(473.0K)8.9M2.2M2.6M1.4M
Net Working Capital(3.5M)(990.7K)7.8M2.1M2.4M2.5M
Capital Stock12.9K13.4K16.4K16.5K14.8K13.9K

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