Boxlight Days Of Inventory On Hand vs Ptb Ratio Analysis

BOXL Stock  USD 0.41  0.01  2.38%   
Boxlight Corp financial indicator trend analysis is way more than just evaluating Boxlight Corp Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boxlight Corp Class is a good investment. Please check the relationship between Boxlight Corp Days Of Inventory On Hand and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boxlight Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Days Of Inventory On Hand vs Ptb Ratio

Days Of Inventory On Hand vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boxlight Corp Class Days Of Inventory On Hand account and Ptb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Boxlight Corp's Days Of Inventory On Hand and Ptb Ratio is 0.23. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Boxlight Corp Class, assuming nothing else is changed. The correlation between historical values of Boxlight Corp's Days Of Inventory On Hand and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Boxlight Corp Class are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Days Of Inventory On Hand i.e., Boxlight Corp's Days Of Inventory On Hand and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Days Of Inventory On Hand

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Boxlight Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boxlight Corp Class 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 Boxlight Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Boxlight Corp's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.50 this year, although the value of Tax Provision will most likely fall to about 1.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit46.5M64.9M54.4M57.2M
Total Revenue185.2M221.8M176.7M185.6M

Boxlight Corp fundamental ratios Correlations

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0.790.780.630.810.72-0.760.79-0.70.840.740.740.720.710.780.330.770.520.570.550.760.60.530.80.530.71
0.920.950.780.930.9-0.930.91-0.940.880.980.980.990.710.960.470.960.730.720.820.930.780.540.930.630.99
0.931.00.830.930.87-0.90.99-0.940.930.980.980.970.780.960.321.00.60.680.820.910.830.590.940.590.97
0.490.280.550.540.6-0.690.2-0.250.310.420.420.430.330.470.320.320.930.620.430.61-0.070.280.420.710.44
0.940.990.820.930.89-0.90.98-0.930.920.980.980.970.770.961.00.320.590.710.790.920.810.620.950.610.96
0.70.570.710.750.77-0.850.5-0.540.540.670.670.70.520.730.60.930.590.70.620.790.250.380.650.750.72
0.860.660.750.820.93-0.830.64-0.480.740.680.680.670.570.720.680.620.710.70.340.90.180.910.810.980.67
0.680.810.720.720.63-0.780.76-0.870.630.870.870.850.550.820.820.430.790.620.340.690.790.10.710.280.85
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0.60.840.470.620.49-0.560.84-0.930.680.810.810.820.60.780.83-0.070.810.250.180.790.540.130.670.050.81
0.740.580.590.680.77-0.630.6-0.360.710.520.520.490.530.540.590.280.620.380.910.10.740.130.70.860.49
0.990.940.850.970.95-0.920.92-0.860.960.940.940.930.80.930.940.420.950.650.810.710.960.670.70.720.92
0.80.560.750.770.88-0.80.54-0.370.670.590.590.570.530.630.590.710.610.750.980.280.850.050.860.720.58
0.90.950.790.920.87-0.910.92-0.960.870.980.980.990.710.990.970.440.960.720.670.850.90.810.490.920.58
Click cells to compare fundamentals

Boxlight Corp Account Relationship Matchups

Boxlight Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.5M140.4M201.4M195.4M158.6M86.0M
Short Long Term Debt Total6.2M24.6M51.9M49.0M49.3M51.7M
Other Current Liab577.9K5.2M11.7M4.8M5.4M3.7M
Total Current Liabilities17.2M40.4M55.2M48.5M46.2M27.8M
Total Stockholder Equity(647.7K)73.7M81.8M80.4M45.3M32.1M
Net Tangible Assets(10.9M)(33.5M)(38.3M)(25.8M)(23.2M)(22.0M)
Net Debt5.0M11.2M34.0M34.4M32.0M33.6M
Retained Earnings(31.3M)(47.5M)(61.3M)(65.0M)(104.3M)(99.1M)
Accounts Payable9.8M12.7M25.7M30.7M27.4M14.5M
Cash1.2M13.5M17.9M14.6M17.3M18.1M
Cash And Short Term Investments1.2M13.5M17.9M14.6M17.3M18.1M
Common Stock Total Equity956.01.0K1.2K5.3K6.1K6.4K
Common Stock Shares Outstanding1.3M5.3M7.4M8.6M9.5M4.9M
Liabilities And Stockholders Equity20.5M140.4M201.4M195.4M158.6M86.0M
Other Stockholder Equity30.7M116.0M110.9M117.8M119.7M125.7M
Total Liab21.1M66.7M119.6M115.0M113.3M119.0M
Short Long Term Debt4.9M16.8M9.8M845K1.0M985.2K
Total Current Assets9.9M61.4M108.5M111.2M100.4M105.4M
Accumulated Other Comprehensive Income(38.0K)5.2M3.7M(914K)1.3M844.0K
Short Term Debt4.9M16.8M9.8M4.6M4.7M5.7M
Common Stock1.2K5.3K6K7K1K950.0
Current Deferred Revenue2.0M5.7M8.3M472K8.7M9.1M
Non Current Assets Total10.5M79.0M92.9M84.2M58.2M43.8M
Non Currrent Assets Other56.2K90.7K248K397K906K951.3K
Other Assets56.2K89K248K397K1.00.95
Net Receivables3.7M21.0M29.6M31.0M29.5M15.3M
Capital Surpluse21.1M27.3M30.7M86.8M99.8M104.8M
Inventory3.3M20.9M51.6M58.2M44.1M23.7M
Other Current Assets1.8M6.1M3.4M6.6M9.5M9.9M
Intangible Assets5.6M55.2M65.5M52.6M46.0M29.9M
Other Liab2.6M18.4M22.3M20.3M23.3M24.5M
Long Term Debt1.3M7.8M42.1M43.8M39.1M41.1M
Retained Earnings Total Equity(12.0M)(19.2M)(31.3M)(47.5M)(42.7M)(40.6M)
Non Current Liabilities Total3.9M26.3M64.4M66.5M67.1M70.4M
Property Plant And Equipment Gross207.4K561.7K1.1M6.1M12.7M13.3M
Property Plant Equipment207.4K561.7K1.1M6.1M7.0M7.3M

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When determining whether Boxlight Corp Class is a strong investment it is important to analyze Boxlight Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boxlight Corp's future performance. For an informed investment choice regarding Boxlight Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boxlight Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Technology Hardware, Storage & Peripherals 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 Boxlight Corp. If investors know Boxlight 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 Boxlight Corp 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
3.376
Earnings Share
(3.18)
Revenue Per Share
17.002
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.01)
The market value of Boxlight Corp Class is measured differently than its book value, which is the value of Boxlight that is recorded on the company's balance sheet. Investors also form their own opinion of Boxlight Corp's value that differs from its market value or its book value, called intrinsic value, which is Boxlight Corp'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 Boxlight Corp's market value can be influenced by many factors that don't directly affect Boxlight Corp'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 Boxlight Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boxlight Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boxlight Corp'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.