Bridgeline Total Assets vs Total Stockholder Equity Analysis

BLIN Stock  USD 1.14  0.02  1.79%   
Bridgeline Digital financial indicator trend analysis is way more than just evaluating Bridgeline Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgeline Digital is a good investment. Please check the relationship between Bridgeline Digital Total Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgeline Digital. 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.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgeline Digital Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bridgeline Digital's Total Assets and Total Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Bridgeline Digital, assuming nothing else is changed. The correlation between historical values of Bridgeline Digital's Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Bridgeline Digital are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Bridgeline Digital's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Bridgeline Digital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bridgeline Digital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Bridgeline Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgeline Digital 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 Bridgeline Digital. 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.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.As of the 25th of November 2024, Enterprise Value is likely to grow to about 13.1 M, while Selling General Administrative is likely to drop about 2.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.7M10.9M12.5M9.9M
Total Revenue16.8M15.9M18.3M18.2M

Bridgeline Digital fundamental ratios Correlations

0.570.70.880.930.790.60.080.110.110.590.990.630.590.560.950.560.10.680.60.130.810.80.870.790.34
0.570.230.470.440.730.230.80.50.34-0.070.60.86-0.070.780.710.61-0.480.780.87-0.410.690.690.40.63-0.38
0.70.230.850.510.310.46-0.36-0.170.00.90.610.140.90.150.490.110.150.690.130.270.810.30.910.460.55
0.880.470.850.690.570.72-0.08-0.220.350.730.840.40.730.30.730.310.230.750.480.380.910.60.850.650.53
0.930.440.510.690.770.490.050.2-0.060.490.940.620.490.590.910.610.080.450.510.030.580.80.770.780.25
0.790.730.310.570.770.30.490.530.20.120.830.910.120.720.860.72-0.250.620.82-0.320.640.980.550.81-0.12
0.60.230.460.720.490.3-0.09-0.430.290.460.610.160.460.040.460.170.480.40.270.540.550.40.430.20.59
0.080.8-0.36-0.080.050.49-0.090.570.38-0.640.170.72-0.640.670.350.53-0.590.350.74-0.550.180.44-0.190.26-0.72
0.110.5-0.17-0.220.20.53-0.430.57-0.3-0.310.140.69-0.310.630.310.54-0.730.210.41-0.920.030.450.070.36-0.72
0.110.340.00.35-0.060.20.290.38-0.3-0.210.150.26-0.210.170.160.13-0.070.30.470.260.340.2-0.060.12-0.04
0.59-0.070.90.730.490.120.46-0.64-0.31-0.210.49-0.111.0-0.130.32-0.10.40.4-0.110.410.570.150.830.370.72
0.990.60.610.840.940.830.610.170.140.150.490.680.490.580.960.610.080.660.650.10.780.850.80.80.3
0.630.860.140.40.620.910.160.720.690.26-0.110.68-0.110.860.790.83-0.540.620.88-0.550.550.870.410.73-0.45
0.59-0.070.90.730.490.120.46-0.64-0.31-0.211.00.49-0.11-0.130.32-0.10.40.4-0.110.410.570.150.830.370.72
0.560.780.150.30.590.720.040.670.630.17-0.130.580.86-0.130.750.76-0.630.540.74-0.530.450.660.440.61-0.54
0.950.710.490.730.910.860.460.350.310.160.320.960.790.320.750.72-0.10.650.75-0.060.740.850.740.80.06
0.560.610.110.310.610.720.170.530.540.13-0.10.610.83-0.10.760.72-0.440.420.7-0.390.390.680.350.54-0.38
0.1-0.480.150.230.08-0.250.48-0.59-0.73-0.070.40.08-0.540.4-0.63-0.1-0.44-0.37-0.320.87-0.1-0.120.01-0.190.85
0.680.780.690.750.450.620.40.350.210.30.40.660.620.40.540.650.42-0.370.59-0.190.950.560.70.610.02
0.60.870.130.480.510.820.270.740.410.47-0.110.650.88-0.110.740.750.7-0.320.59-0.250.590.80.360.66-0.34
0.13-0.410.270.380.03-0.320.54-0.55-0.920.260.410.1-0.550.41-0.53-0.06-0.390.87-0.19-0.250.08-0.230.09-0.20.82
0.810.690.810.910.580.640.550.180.030.340.570.780.550.570.450.740.39-0.10.950.590.080.610.810.650.27
0.80.690.30.60.80.980.40.440.450.20.150.850.870.150.660.850.68-0.120.560.8-0.230.610.540.8-0.02
0.870.40.910.850.770.550.43-0.190.07-0.060.830.80.410.830.440.740.350.010.70.360.090.810.540.70.36
0.790.630.460.650.780.810.20.260.360.120.370.80.730.370.610.80.54-0.190.610.66-0.20.650.80.70.01
0.34-0.380.550.530.25-0.120.59-0.72-0.72-0.040.720.3-0.450.72-0.540.06-0.380.850.02-0.340.820.27-0.020.360.01
Click cells to compare fundamentals

Bridgeline Digital Account Relationship Matchups

Bridgeline Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7M35.0M27.5M17.6M20.3M23.7M
Other Current Liab553K4.1M948K991K1.1M1.4M
Total Current Liabilities3.6M8.3M4.8M4.7M5.5M5.0M
Total Stockholder Equity4.4M17.6M20.4M11.5M10.3M11.0M
Property Plant And Equipment Net532K733K857K541K486.9K841.2K
Current Deferred Revenue1.5M2.1M1.9M2.1M2.4M1.4M
Net Debt(479K)(6.4M)(1.3M)(1.3M)(1.2M)(1.1M)
Retained Earnings(73.6M)(82.3M)(80.1M)(89.6M)(80.6M)(76.6M)
Accounts Payable1.3M974K972K1.3M1.4M1.3M
Cash861K8.9M2.9M2.4M2.7M2.3M
Non Current Assets Total8.8M24.5M23.2M14.0M16.1M18.3M
Non Currrent Assets Other49K76K123K73K65.7K62.4K
Cash And Short Term Investments861K8.9M2.9M2.4M2.7M2.3M
Net Receivables665K1.4M1.2M1.0M903.6K858.4K
Common Stock Shares Outstanding3.6M5.9M10.4M10.4M12.0M12.6M
Liabilities And Stockholders Equity10.7M35.0M27.5M17.6M20.3M23.7M
Non Current Liabilities Total2.7M9.1M2.4M1.4M1.6M1.6M
Other Current Assets379K196K242K278K319.7K403.9K
Other Stockholder Equity78.3M100.2M100.7M101.3M116.5M122.3M
Total Liab6.3M17.4M7.2M6.2M7.1M8.6M
Property Plant And Equipment Gross532K733K1.2M997K897.3K871.9K
Total Current Assets1.9M10.4M4.3M3.7M3.3M3.9M
Intangible Assets2.6M7.8M6.3M4.9M5.6M5.9M
Other Assets115K49K76K123K110.7K105.2K
Property Plant Equipment299K238K733K857K771.3K890.5K
Other Liab22K41K7.5M658K756.7K1.2M
Net Tangible Assets(5.3M)4.4M(6.2M)(1.9M)(1.7M)(1.6M)
Non Current Liabilities Other15K774K646K572K514.8K519.7K

Pair Trading with Bridgeline Digital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bridgeline Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bridgeline Digital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bridgeline Stock

  0.63JG Aurora Mobile TrendingPairCorr

Moving against Bridgeline Stock

  0.79VRNT Verint SystemsPairCorr
  0.7VRAR Glimpse GroupPairCorr
  0.35VHAI VHAIPairCorr
The ability to find closely correlated positions to Bridgeline Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgeline Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bridgeline Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bridgeline Digital to buy it.
The correlation of Bridgeline Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bridgeline Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgeline Digital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bridgeline Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bridgeline Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bridgeline Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bridgeline Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bridgeline Digital Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgeline Digital. 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.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bridgeline Digital. If investors know Bridgeline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bridgeline Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.125
Earnings Share
(0.93)
Revenue Per Share
1.468
Quarterly Revenue Growth
0.007
Return On Assets
(0.07)
The market value of Bridgeline Digital is measured differently than its book value, which is the value of Bridgeline that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgeline Digital's value that differs from its market value or its book value, called intrinsic value, which is Bridgeline Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bridgeline Digital's market value can be influenced by many factors that don't directly affect Bridgeline Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bridgeline Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgeline Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgeline Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.