Blink Accounts Payable vs Cash And Short Term Investments Analysis
BLNK Stock | USD 1.59 0.03 1.92% |
Blink Charging financial indicator trend analysis is way more than just evaluating Blink Charging prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blink Charging is a good investment. Please check the relationship between Blink Charging Accounts Payable and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blink Charging Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blink Charging Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blink Charging's Accounts Payable and Cash And Short Term Investments is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Blink Charging Co, assuming nothing else is changed. The correlation between historical values of Blink Charging's Accounts Payable and Cash 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 Accounts Payable of Blink Charging Co are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Blink Charging's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Blink Charging 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 Blink Charging 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Blink Charging balance sheet. This account contains Blink Charging investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Blink Charging Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Blink Charging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blink Charging 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 Blink Charging Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Blink Charging's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 1.6 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 72.8 M.
2023 | 2024 (projected) | Interest Income | 8.1K | 7.7K | Non Recurring | 7.5M | 6.6M |
Blink Charging fundamental ratios Correlations
Click cells to compare fundamentals
Blink Charging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blink Charging fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.9M | 34.5M | 231.9M | 362.5M | 428.5M | 449.9M | |
Total Stockholder Equity | 7.4M | 27.2M | 213.8M | 261.0M | 289.4M | 303.9M | |
Net Debt | (3.7M) | (20.8M) | (172.7M) | (31.1M) | (103.8M) | (98.6M) | |
Retained Earnings | (169.5M) | (187.4M) | (242.5M) | (334.0M) | (537.7M) | (510.8M) | |
Cash | 4.0M | 22.3M | 174.8M | 36.6M | 121.7M | 127.8M | |
Other Assets | (1.0) | 1.1M | 1K | 3.2M | 3.6M | 3.8M | |
Cash And Short Term Investments | 7.1M | 22.3M | 174.8M | 36.6M | 121.7M | 127.8M | |
Common Stock Total Equity | 26.3K | 36.0K | 42K | 51K | 58.7K | 49.0K | |
Common Stock Shares Outstanding | 26.2M | 30.0M | 41.9M | 46.9M | 63.5M | 66.6M | |
Liabilities And Stockholders Equity | 11.9M | 34.5M | 231.9M | 362.5M | 428.5M | 449.9M | |
Other Stockholder Equity | 176.7M | 214.5M | 458.0M | 598.0M | 829.6M | 871.0M | |
Total Liab | 4.5M | 7.4M | 18.1M | 101.6M | 139.1M | 146.1M | |
Total Current Assets | 10.2M | 26.3M | 192.5M | 99.3M | 221.7M | 232.8M | |
Common Stock | 26.3K | 36.0K | 42K | 51K | 93K | 52.2K | |
Other Current Liab | 1.2M | 1.3M | 4.7M | 20.4M | 6.2M | 7.7M | |
Total Current Liabilities | 4.4M | 6.7M | 16.2M | 50.3M | 69.7M | 73.2M | |
Short Long Term Debt Total | 285.7K | 1.6M | 2.1M | 5.5M | 17.9M | 18.8M | |
Property Plant And Equipment Net | 1.6M | 6.3M | 16.2M | 30.0M | 44.9M | 47.1M | |
Non Current Assets Total | 1.8M | 8.3M | 39.4M | 263.3M | 206.8M | 217.1M | |
Non Currrent Assets Other | 73.7K | 464.0K | 311K | 2.9M | 748K | 624.8K | |
Non Current Liabilities Total | 143.6K | 678.7K | 1.9M | 51.3M | 69.4M | 72.9M | |
Inventory | 2.2M | 1.8M | 10.4M | 34.7M | 47.9M | 50.3M | |
Other Current Assets | 671.0K | 1.2M | 2.0M | 4.4M | 6.7M | 7.0M | |
Property Plant And Equipment Gross | 1.6M | 5.6M | 16.2M | 30.0M | 59.1M | 62.0M | |
Accumulated Other Comprehensive Income | (4.6M) | 183.2K | (1.8M) | (3.0M) | (2.5M) | (2.7M) | |
Other Liab | 58.7K | 96.7K | 321K | 47.8M | 55.0M | 57.8M | |
Accounts Payable | 2.4M | 3.9M | 7.1M | 24.6M | 31.2M | 32.8M | |
Short Term Debt | 200.8K | 978.1K | 1.1M | 2.1M | 14.7M | 15.4M | |
Property Plant Equipment | 1.6M | 6.3M | 16.2M | 25.9M | 29.7M | 31.2M | |
Retained Earnings Total Equity | (169.5M) | (187.4M) | (242.5M) | (334.0M) | (300.6M) | (285.6M) | |
Deferred Long Term Liab | 565.0 | 6.7K | 128K | 5.3M | 6.0M | 6.3M | |
Intangible Assets | 107.4K | 46.0K | 3.5M | 26.6M | 16.3M | 17.1M | |
Net Tangible Assets | 7.3M | 25.6M | 191.0M | 30.7M | 35.3M | 19.1M | |
Current Deferred Revenue | 567.6K | 479.5K | 2.9M | 10.6M | 13.6M | 14.3M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blink Charging Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Automotive Retail 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 Blink Charging. If investors know Blink 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 Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.43) | Revenue Per Share 1.488 | Quarterly Revenue Growth (0.42) | Return On Assets (0.13) | Return On Equity (0.70) |
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging'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 Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging'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 Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging'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.