Boxlight Non Currrent Assets Other vs Total Assets Analysis
BOXL Stock | USD 0.43 0.02 4.88% |
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 Non Currrent Assets Other and its Total Assets 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.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boxlight Corp Class Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boxlight Corp's Non Currrent Assets Other and Total Assets is 0.6. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Non Currrent Assets Other and Total 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 Boxlight Corp Class are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Boxlight Corp's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Total Assets
Total assets refers to the total amount of Boxlight Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Boxlight Corp Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Profit | 46.5M | 64.9M | 54.4M | 57.2M | Total Revenue | 185.2M | 221.8M | 176.7M | 185.6M |
Boxlight Corp fundamental ratios Correlations
Click cells to compare fundamentals
Boxlight Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boxlight Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.5M | 140.4M | 201.4M | 195.4M | 158.6M | 86.0M | |
Short Long Term Debt Total | 6.2M | 24.6M | 51.9M | 49.0M | 49.3M | 51.7M | |
Other Current Liab | 577.9K | 5.2M | 11.7M | 4.8M | 5.4M | 3.7M | |
Total Current Liabilities | 17.2M | 40.4M | 55.2M | 48.5M | 46.2M | 27.8M | |
Total Stockholder Equity | (647.7K) | 73.7M | 81.8M | 80.4M | 45.3M | 32.1M | |
Net Tangible Assets | (10.9M) | (33.5M) | (38.3M) | (25.8M) | (23.2M) | (22.0M) | |
Net Debt | 5.0M | 11.2M | 34.0M | 34.4M | 32.0M | 33.6M | |
Retained Earnings | (31.3M) | (47.5M) | (61.3M) | (65.0M) | (104.3M) | (99.1M) | |
Accounts Payable | 9.8M | 12.7M | 25.7M | 30.7M | 27.4M | 14.5M | |
Cash | 1.2M | 13.5M | 17.9M | 14.6M | 17.3M | 18.1M | |
Cash And Short Term Investments | 1.2M | 13.5M | 17.9M | 14.6M | 17.3M | 18.1M | |
Common Stock Total Equity | 956.0 | 1.0K | 1.2K | 5.3K | 6.1K | 6.4K | |
Common Stock Shares Outstanding | 1.3M | 5.3M | 7.4M | 8.6M | 9.5M | 4.9M | |
Liabilities And Stockholders Equity | 20.5M | 140.4M | 201.4M | 195.4M | 158.6M | 86.0M | |
Other Stockholder Equity | 30.7M | 116.0M | 110.9M | 117.8M | 119.7M | 125.7M | |
Total Liab | 21.1M | 66.7M | 119.6M | 115.0M | 113.3M | 119.0M | |
Short Long Term Debt | 4.9M | 16.8M | 9.8M | 845K | 1.0M | 985.2K | |
Total Current Assets | 9.9M | 61.4M | 108.5M | 111.2M | 100.4M | 105.4M | |
Accumulated Other Comprehensive Income | (38.0K) | 5.2M | 3.7M | (914K) | 1.3M | 844.0K | |
Short Term Debt | 4.9M | 16.8M | 9.8M | 4.6M | 4.7M | 5.7M | |
Common Stock | 1.2K | 5.3K | 6K | 7K | 1K | 950.0 | |
Current Deferred Revenue | 2.0M | 5.7M | 8.3M | 472K | 8.7M | 9.1M | |
Non Current Assets Total | 10.5M | 79.0M | 92.9M | 84.2M | 58.2M | 43.8M | |
Non Currrent Assets Other | 56.2K | 90.7K | 248K | 397K | 906K | 951.3K | |
Other Assets | 56.2K | 89K | 248K | 397K | 1.0 | 0.95 | |
Net Receivables | 3.7M | 21.0M | 29.6M | 31.0M | 29.5M | 15.3M | |
Capital Surpluse | 21.1M | 27.3M | 30.7M | 86.8M | 99.8M | 104.8M | |
Inventory | 3.3M | 20.9M | 51.6M | 58.2M | 44.1M | 23.7M | |
Other Current Assets | 1.8M | 6.1M | 3.4M | 6.6M | 9.5M | 9.9M | |
Intangible Assets | 5.6M | 55.2M | 65.5M | 52.6M | 46.0M | 29.9M | |
Other Liab | 2.6M | 18.4M | 22.3M | 20.3M | 23.3M | 24.5M | |
Long Term Debt | 1.3M | 7.8M | 42.1M | 43.8M | 39.1M | 41.1M | |
Retained Earnings Total Equity | (12.0M) | (19.2M) | (31.3M) | (47.5M) | (42.7M) | (40.6M) | |
Non Current Liabilities Total | 3.9M | 26.3M | 64.4M | 66.5M | 67.1M | 70.4M | |
Property Plant And Equipment Gross | 207.4K | 561.7K | 1.1M | 6.1M | 12.7M | 13.3M | |
Property Plant Equipment | 207.4K | 561.7K | 1.1M | 6.1M | 7.0M | 7.3M |
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 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.