Bon Depreciation And Amortization vs Research Development Analysis

BON Stock  USD 1.57  0.01  0.63%   
Bon Natural financial indicator trend analysis is way more than just evaluating Bon Natural Life prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bon Natural Life is a good investment. Please check the relationship between Bon Natural Depreciation And Amortization and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bon Natural Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Depreciation And Amortization vs Research Development

Depreciation And Amortization vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bon Natural Life Depreciation And Amortization account and Research Development. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bon Natural's Depreciation And Amortization and Research Development is -0.61. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development in the same time period over historical financial statements of Bon Natural Life, assuming nothing else is changed. The correlation between historical values of Bon Natural's Depreciation And Amortization and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Bon Natural Life are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Bon Natural's Depreciation And Amortization and Research Development go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Research Development

Most indicators from Bon Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bon Natural Life 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 Bon Natural Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Bon Natural's Issuance Of Capital Stock is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 44.6 M, while Tax Provision is likely to drop about 780.3 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization369.5K1.2M1.4M1.4M
Interest Income1.4K9.4K10.8K11.4K

Bon Natural fundamental ratios Correlations

-0.880.79-0.220.990.930.96-0.730.92-0.83-0.30.96-0.17-0.85-0.040.73-0.2-0.850.340.750.98-0.690.99-0.260.850.98
-0.88-0.870.28-0.88-0.9-0.880.94-0.850.850.04-0.880.140.7-0.28-0.760.290.7-0.24-0.59-0.880.63-0.850.6-0.68-0.83
0.79-0.870.00.750.680.69-0.770.67-0.53-0.130.70.0-0.510.180.460.05-0.530.40.580.77-0.330.74-0.620.770.81
-0.220.280.0-0.29-0.41-0.180.46-0.310.28-0.49-0.160.480.16-0.43-0.090.070.12-0.220.31-0.380.78-0.290.23-0.26-0.21
0.99-0.880.75-0.290.930.96-0.740.91-0.85-0.230.96-0.19-0.870.010.73-0.22-0.860.30.690.99-0.741.0-0.240.830.97
0.93-0.90.68-0.410.930.93-0.780.98-0.88-0.250.93-0.19-0.860.00.79-0.22-0.860.360.620.93-0.830.93-0.280.710.88
0.96-0.880.69-0.180.960.93-0.740.9-0.94-0.271.0-0.06-0.920.010.89-0.41-0.910.110.720.93-0.70.95-0.20.660.88
-0.730.94-0.770.46-0.74-0.78-0.74-0.670.78-0.29-0.730.210.53-0.58-0.650.380.51-0.1-0.33-0.780.64-0.710.74-0.55-0.66
0.92-0.850.67-0.310.910.980.9-0.67-0.8-0.430.91-0.17-0.86-0.190.74-0.08-0.870.480.690.89-0.760.92-0.190.740.89
-0.830.85-0.530.28-0.85-0.88-0.940.78-0.80.07-0.930.20.8-0.2-0.920.650.780.08-0.63-0.820.69-0.830.29-0.47-0.72
-0.30.04-0.13-0.49-0.23-0.25-0.27-0.29-0.430.07-0.28-0.20.40.93-0.2-0.350.44-0.46-0.63-0.13-0.07-0.26-0.46-0.25-0.33
0.96-0.880.7-0.160.960.931.0-0.730.91-0.93-0.28-0.02-0.930.00.89-0.39-0.920.120.720.92-0.690.95-0.190.660.89
-0.170.140.00.48-0.19-0.19-0.060.21-0.170.2-0.2-0.02-0.2-0.150.180.13-0.22-0.33-0.23-0.220.2-0.20.38-0.4-0.21
-0.850.7-0.510.16-0.87-0.86-0.920.53-0.860.80.4-0.93-0.20.19-0.860.251.0-0.11-0.56-0.830.74-0.87-0.14-0.52-0.78
-0.04-0.280.18-0.430.010.00.01-0.58-0.19-0.20.930.0-0.150.190.08-0.470.23-0.44-0.390.1-0.16-0.03-0.68-0.09-0.1
0.73-0.760.46-0.090.730.790.89-0.650.74-0.92-0.20.890.18-0.860.08-0.62-0.85-0.210.550.68-0.60.71-0.110.260.59
-0.20.290.050.07-0.22-0.22-0.410.38-0.080.65-0.35-0.390.130.25-0.47-0.620.220.75-0.2-0.20.18-0.20.160.2-0.03
-0.850.7-0.530.12-0.86-0.86-0.910.51-0.870.780.44-0.92-0.221.00.23-0.850.22-0.13-0.58-0.820.71-0.86-0.15-0.53-0.79
0.34-0.240.4-0.220.30.360.11-0.10.480.08-0.460.12-0.33-0.11-0.44-0.210.75-0.130.290.33-0.240.33-0.150.660.48
0.75-0.590.580.310.690.620.72-0.330.69-0.63-0.630.72-0.23-0.56-0.390.55-0.2-0.580.290.61-0.140.7-0.140.630.73
0.98-0.880.77-0.380.990.930.93-0.780.89-0.82-0.130.92-0.22-0.830.10.68-0.2-0.820.330.61-0.780.99-0.30.850.96
-0.690.63-0.330.78-0.74-0.83-0.70.64-0.760.69-0.07-0.690.20.74-0.16-0.60.180.71-0.24-0.14-0.78-0.750.07-0.52-0.64
0.99-0.850.74-0.291.00.930.95-0.710.92-0.83-0.260.95-0.2-0.87-0.030.71-0.2-0.860.330.70.99-0.75-0.210.850.98
-0.260.6-0.620.23-0.24-0.28-0.20.74-0.190.29-0.46-0.190.38-0.14-0.68-0.110.16-0.15-0.15-0.14-0.30.07-0.21-0.33-0.25
0.85-0.680.77-0.260.830.710.66-0.550.74-0.47-0.250.66-0.4-0.52-0.090.260.2-0.530.660.630.85-0.520.85-0.330.93
0.98-0.830.81-0.210.970.880.88-0.660.89-0.72-0.330.89-0.21-0.78-0.10.59-0.03-0.790.480.730.96-0.640.98-0.250.93
Click cells to compare fundamentals

Bon Natural Account Relationship Matchups

Bon Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.2M36.4M37.3M46.6M53.5M33.3M
Short Long Term Debt Total5.7M3.1M5.4M4.2M3.8M4.1M
Other Current Liab2.4M5.1M1.4M4.9M5.6M3.4M
Total Current Liabilities11.7M7.5M6.6M9.6M8.7M7.3M
Total Stockholder Equity10.5M26.0M29.6M35.5M40.8M20.7M
Net Tangible Assets6.7M10.4M25.6M29.2M33.6M35.3M
Property Plant And Equipment Net14.2M19.4M22.2M21.4M24.6M16.4M
Net Debt5.7M1.2M4.6M4.1M3.7M3.6M
Retained Earnings5.1M9.2M14.7M18.7M21.5M22.6M
Accounts Payable1.3M380.4K214.6K1.4M1.3M1.3M
Cash53.1K1.9M840.9K112.8K101.5K96.4K
Non Current Assets Total14.4M19.9M22.5M22.4M25.7M17.1M
Other Assets1.3M49.1K22.3K2.8K2.5K2.4K
Long Term Debt2.5M2.2M189.8K871.4K784.2K1.4M
Cash And Short Term Investments53.1K3.6M840.9K112.8K129.7K123.3K
Net Receivables5.8M6.2M6.8M4.6M5.3M5.7M
Common Stock Shares Outstanding521.1K670.6K839.6K9.2M8.3M8.7M
Liabilities And Stockholders Equity25.2M36.4M37.3M46.6M53.5M33.3M
Non Current Liabilities Total2.5M2.3M517.0K963.1K866.8K1.5M
Capital Lease Obligations33.4K399.8K583.7K319.0K366.9K317.4K
Inventory1.0M1.6M1.7M16.1M18.5M19.4M
Other Current Assets4.0M1.1M1.3M3.4M3.9M2.0M
Other Stockholder Equity5.3M15.5M15.7M18.1M20.8M11.9M
Total Liab14.2M9.9M7.2M10.6M9.5M8.8M
Net Invested Capital16.2M28.7M34.4M39.4M45.3M26.1M
Short Long Term Debt3.2M489.4K4.6M3.0M2.7M2.5M
Total Current Assets10.8M16.5M14.7M24.2M27.8M16.2M
Accumulated Other Comprehensive Income191.8K1.3M(827.1K)(1.3M)(1.2M)(1.1M)
Capital Stock580.0833.0840.01.2K1.4K817.85
Net Working Capital(856.8K)9.0M8.1M14.6M16.8M17.6M
Short Term Debt3.2M958.6K4.9M3.2M2.9M2.7M
Intangible Assets141.0K411.1K366.2K995.2K1.1M1.2M
Common Stock580.0833.0840.01.2K1.4K817.85
Property Plant Equipment9.5M14.2M19.4M22.2M25.5M15.0M
Non Currrent Assets Other510.1K(19.8M)(22.5M)(22.4M)(20.1M)(21.1M)

Pair Trading with Bon Natural

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 Bon Natural 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 Bon Natural will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bon Stock

  0.8BG Bunge LimitedPairCorr

Moving against Bon Stock

  0.81LW Lamb Weston Holdings Sell-off TrendPairCorr
  0.63PM Philip Morris InternPairCorr
  0.58FDP Fresh Del MontePairCorr
  0.49K KellanovaPairCorr
  0.45FRPT FreshpetPairCorr
The ability to find closely correlated positions to Bon Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bon Natural 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 Bon Natural - 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 Bon Natural Life to buy it.
The correlation of Bon Natural 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 Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life 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 Bon Natural 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 Bon Natural Life offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bon Natural'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 Bon Natural Life Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bon Natural Life Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bon Natural Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Packaged Foods & Meats 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 Bon Natural. If investors know Bon 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 Bon Natural 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
(0.41)
Earnings Share
4.75
Revenue Per Share
23.005
Quarterly Revenue Growth
(0.28)
Return On Assets
0.0388
The market value of Bon Natural Life is measured differently than its book value, which is the value of Bon that is recorded on the company's balance sheet. Investors also form their own opinion of Bon Natural's value that differs from its market value or its book value, called intrinsic value, which is Bon Natural'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 Bon Natural's market value can be influenced by many factors that don't directly affect Bon Natural'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 Bon Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bon Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bon Natural'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.