BLS Non Currrent Assets Other vs Net Tangible Assets Analysis

BLS Stock   388.45  1.70  0.44%   
BLS International financial indicator trend analysis is way more than just evaluating BLS International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BLS International is a good investment. Please check the relationship between BLS International Non Currrent Assets Other and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BLS International Services. 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.

Non Currrent Assets Other vs Net Tangible Assets

Non Currrent Assets Other vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BLS International Non Currrent Assets Other account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BLS International's Non Currrent Assets Other and Net Tangible Assets is 0.59. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of BLS International Services, assuming nothing else is changed. The correlation between historical values of BLS International's Non Currrent Assets Other and Net Tangible 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 Currrent Assets Other of BLS International Services are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Non Currrent Assets Other i.e., BLS International's Non Currrent Assets Other and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from BLS International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BLS International 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 BLS International Services. 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 present, BLS International's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense4.4M6.7M25.9M24.6M
Depreciation And Amortization72.5M184.9M309.4M177.1M

BLS International fundamental ratios Correlations

0.970.630.990.70.90.95-0.90.950.650.920.970.860.020.970.010.650.330.080.280.520.590.570.990.850.89
0.970.650.950.590.820.95-0.880.890.670.920.960.870.00.95-0.020.640.43-0.010.440.640.640.510.960.830.91
0.630.650.570.540.590.6-0.380.60.970.540.550.4-0.220.530.60.120.710.030.740.230.980.760.650.480.48
0.990.950.570.750.930.93-0.880.970.610.870.970.820.060.95-0.020.620.240.140.20.470.520.580.980.860.89
0.70.590.540.750.910.57-0.450.860.60.420.620.320.160.60.280.090.120.410.11-0.040.470.840.720.520.49
0.90.820.590.930.910.81-0.680.990.650.680.850.590.060.80.170.460.190.360.190.230.520.750.90.730.71
0.950.950.60.930.570.81-0.860.870.590.910.980.86-0.180.9-0.120.640.470.130.310.650.60.520.920.840.88
-0.9-0.88-0.38-0.88-0.45-0.68-0.86-0.75-0.37-0.97-0.88-0.98-0.08-0.940.24-0.68-0.180.1-0.08-0.63-0.35-0.23-0.89-0.76-0.84
0.950.890.60.970.860.990.87-0.750.660.750.910.670.060.880.090.520.210.260.20.330.540.70.940.820.81
0.650.670.970.610.60.650.59-0.370.660.50.580.36-0.190.540.570.130.570.10.710.160.930.750.660.550.52
0.920.920.540.870.420.680.91-0.970.750.50.880.98-0.030.93-0.070.720.4-0.120.280.660.540.340.920.730.82
0.970.960.550.970.620.850.98-0.880.910.580.880.84-0.080.94-0.170.630.30.10.230.60.520.480.930.920.94
0.860.870.40.820.320.590.86-0.980.670.360.980.840.040.9-0.20.730.31-0.150.180.70.40.20.860.680.79
0.020.0-0.220.060.160.06-0.18-0.080.06-0.19-0.03-0.080.040.150.080.02-0.4-0.36-0.18-0.07-0.28-0.070.06-0.060.04
0.970.950.530.950.60.80.9-0.940.880.540.930.940.90.15-0.080.670.25-0.150.230.550.490.440.960.850.93
0.01-0.020.6-0.020.280.17-0.120.240.090.57-0.07-0.17-0.20.08-0.08-0.140.390.030.52-0.430.580.590.1-0.25-0.26
0.650.640.120.620.090.460.64-0.680.520.130.720.630.730.020.67-0.140.08-0.090.080.490.120.010.640.530.6
0.330.430.710.240.120.190.47-0.180.210.570.40.30.31-0.40.250.390.08-0.070.790.390.820.540.330.090.2
0.08-0.010.030.140.410.360.130.10.260.1-0.120.1-0.15-0.36-0.150.03-0.09-0.07-0.19-0.140.00.330.07-0.01-0.17
0.280.440.740.20.110.190.31-0.080.20.710.280.230.18-0.180.230.520.080.79-0.190.330.790.420.30.110.22
0.520.640.230.47-0.040.230.65-0.630.330.160.660.60.7-0.070.55-0.430.490.39-0.140.330.28-0.090.470.470.6
0.590.640.980.520.470.520.6-0.350.540.930.540.520.4-0.280.490.580.120.820.00.790.280.750.610.410.44
0.570.510.760.580.840.750.52-0.230.70.750.340.480.2-0.070.440.590.010.540.330.42-0.090.750.60.330.32
0.990.960.650.980.720.90.92-0.890.940.660.920.930.860.060.960.10.640.330.070.30.470.610.60.80.85
0.850.830.480.860.520.730.84-0.760.820.550.730.920.68-0.060.85-0.250.530.09-0.010.110.470.410.330.80.96
0.890.910.480.890.490.710.88-0.840.810.520.820.940.790.040.93-0.260.60.2-0.170.220.60.440.320.850.96
Click cells to compare fundamentals

BLS International Account Relationship Matchups

BLS International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.0B6.3B9.5B16.2B17.0B
Other Current Liab195.6M241.5M306.2M651.8M1.1B1.1B
Total Current Liabilities380.0M348.6M542.9M1.0B1.4B757.3M
Total Stockholder Equity4.3B4.6B5.7B8.0B12.1B12.7B
Other Liab23.0M28.4M29.9M29.1M33.5M20.4M
Net Tangible Assets3.4B4.1B4.5B5.4B6.2B6.5B
Property Plant And Equipment Net229.9M246.0M842.0M985.7M1.7B1.8B
Net Debt(201.2M)(344.2M)(257.6M)(604.1M)(3.8B)(3.6B)
Retained Earnings3.9B4.3B5.3B6.6B7.6B8.0B
Accounts Payable164.7M96.4M182.6M294.7M314.3M202.7M
Cash210.9M351.5M369.2M669.4M4.1B4.3B
Non Current Assets Total822.4M852.3M2.3B3.8B5.0B5.3B
Non Currrent Assets Other68.0M151.3M111.1M135.6M5.4B5.7B
Other Assets123.0M218.5M1K81.8M94.1M86.4M
Cash And Short Term Investments2.2B2.7B374.6M5.3B9.7B10.2B
Net Receivables1.3B1.2B486.1M326.5M404.8M384.5M
Liabilities And Stockholders Equity4.7B5.0B6.3B9.5B16.2B17.0B
Non Current Liabilities Total28.4M33.2M92.2M80.6M301.3M161.2M
Inventory370.7M250.5M3.1B5.6M16.0M15.2M
Other Current Assets519.6M465.2M278.7M973.3M1.0B836.6M
Other Stockholder Equity(4.5B)(19.7M)(5.5M)329.2M3.3B3.4B
Total Liab408.4M381.8M635.1M1.1B1.7B918.5M
Total Current Assets3.9B4.1B4.0B5.7B11.1B11.7B
Accumulated Other Comprehensive Income(206.0M)183.8M298.4M645.5M802.1M842.2M
Intangible Assets101.7M50.2M200.5M537.1M457.6M480.5M
Property Plant Equipment229.9M246.0M842.0M985.7M1.1B1.2B
Short Long Term Debt Total9.8M7.3M111.6M65.3M306.0M241.8M
Current Deferred Revenue176.0M205.4M268.9M516.6M162.5M228.5M
Short Term Investments2.0B2.3B5.4M4.6B5.6B5.9B
Short Term Debt9.8M(2.7M)48.5M(13.9M)58.5M55.6M
Long Term Debt Total0.03.3M63.1M44.6M40.1M38.1M
Net Invested Capital4.3B4.6B5.7B8.0B12.1B6.7B
Net Working Capital3.5B3.8B3.5B4.7B9.7B10.2B

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Other Information on Investing in BLS Stock

Balance Sheet is a snapshot of the financial position of BLS International at a specified time, usually calculated after every quarter, six months, or one year. BLS International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BLS International 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 BLS currently owns. An asset can also be divided into two categories, current and non-current.