| BOX Stock | | | USD 34.34 0.83 2.48% |
Box financial indicator trend analysis is way more than just evaluating Box Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Box Inc is a good investment. Please check the relationship between Box Other Assets and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Box Inc. 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.
Other Assets vs Accounts Payable
Other Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Box Inc Other Assets account and
Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Box's Other Assets and Accounts Payable is 0.32. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Box Inc, assuming nothing else is changed. The correlation between historical values of Box's Other Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Box Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Assets i.e., Box's Other Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Assets
Accounts Payable
An accounting item on the balance sheet that represents Box 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 Box Inc 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.
Most indicators from Box's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Box Inc 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 Box Inc. 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, Box's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 39.68 in 2024, whereas
Selling General Administrative is likely to drop slightly above 95.8
M in 2024.
Box fundamental ratios Correlations
Click cells to compare fundamentals
Box Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Box fundamental ratios Accounts
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Additional Tools for Box Stock Analysis
When running Box's price analysis, check to
measure Box's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Box is operating at the current time. Most of Box's value examination focuses on studying past and present price action to
predict the probability of Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Box's price. Additionally, you may evaluate how the addition of Box to your portfolios can decrease your overall portfolio volatility.