Blue Historical Balance Sheet

RBN-UN Stock  CAD 8.52  0.04  0.47%   
Trend analysis of Blue Ribbon Income balance sheet accounts such as Accounts Payable of 99.3 K, Cash of 1.8 M, Non Current Assets Total of 61.7 M or Cash And Short Term Investments of 1.8 M provides information on Blue Ribbon's total assets, liabilities, and equity, which is the actual value of Blue Ribbon Income to its prevalent stockholders. By breaking down trends over time using Blue Ribbon balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Blue Ribbon Inventory

102.98 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Blue Ribbon Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Blue Balance Sheet Analysis

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

Blue Ribbon Balance Sheet Chart

At present, Blue Ribbon's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 16.4 M, whereas Total Assets are forecasted to decline to about 63.8 M.

Total Current Liabilities

Total Current Liabilities is an item on Blue Ribbon balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blue Ribbon Income are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents Blue Ribbon 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 Blue Ribbon Income 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 accounts from Blue Ribbon's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Blue Ribbon Income current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Blue Ribbon Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Blue Ribbon's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 16.4 M, whereas Total Assets are forecasted to decline to about 63.8 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity89.2M72.9M66.7M63.3M
Total Current Liabilities627.6K449.5K475.0K451.3K

Blue Ribbon balance sheet Correlations

0.270.781.0-0.750.620.750.990.750.920.910.210.310.780.77-0.630.94-0.950.960.930.90.890.70.44
0.270.710.26-0.22-0.450.220.250.220.590.320.210.880.710.29-0.820.31-0.010.110.120.080.070.01-0.03
0.780.710.77-0.630.180.630.760.630.940.770.270.651.00.68-0.870.74-0.60.640.640.570.550.430.25
1.00.260.77-0.750.620.750.990.750.910.910.210.30.770.77-0.620.94-0.960.960.940.910.890.710.44
-0.75-0.22-0.63-0.75-0.49-1.0-0.66-1.0-0.69-0.56-0.4-0.07-0.63-1.00.66-0.640.61-0.68-0.63-0.57-0.54-0.38-0.21
0.62-0.450.180.62-0.490.490.610.490.370.480.29-0.20.180.46-0.040.52-0.730.730.70.620.60.480.28
0.750.220.630.75-1.00.490.661.00.690.560.40.070.631.0-0.660.64-0.610.680.630.570.540.380.21
0.990.250.760.99-0.660.610.660.660.910.930.160.330.760.68-0.580.95-0.970.960.940.920.910.730.46
0.750.220.630.75-1.00.491.00.660.690.560.40.070.631.0-0.660.64-0.610.680.630.570.540.380.21
0.920.590.940.91-0.690.370.690.910.690.890.280.60.940.73-0.830.88-0.780.830.820.770.740.550.31
0.910.320.770.91-0.560.480.560.930.560.890.020.390.770.6-0.570.97-0.890.920.930.930.890.710.27
0.210.210.270.21-0.40.290.40.160.40.280.020.170.270.4-0.3-0.02-0.10.220.11-0.1-0.14-0.36-0.31
0.310.880.650.3-0.07-0.20.070.330.070.60.390.170.650.14-0.770.39-0.110.220.250.210.20.150.11
0.780.711.00.77-0.630.180.630.760.630.940.770.270.650.68-0.870.74-0.60.640.640.570.550.430.25
0.770.290.680.77-1.00.461.00.681.00.730.60.40.140.68-0.710.66-0.620.690.650.590.560.390.22
-0.63-0.82-0.87-0.620.66-0.04-0.66-0.58-0.66-0.83-0.57-0.3-0.77-0.87-0.71-0.620.38-0.48-0.5-0.43-0.42-0.34-0.27
0.940.310.740.94-0.640.520.640.950.640.880.97-0.020.390.740.66-0.62-0.90.930.940.970.950.760.36
-0.95-0.01-0.6-0.960.61-0.73-0.61-0.97-0.61-0.78-0.89-0.1-0.11-0.6-0.620.38-0.9-0.97-0.94-0.93-0.92-0.75-0.46
0.960.110.640.96-0.680.730.680.960.680.830.920.220.220.640.69-0.480.93-0.970.960.940.910.690.3
0.930.120.640.94-0.630.70.630.940.630.820.930.110.250.640.65-0.50.94-0.940.960.940.910.740.37
0.90.080.570.91-0.570.620.570.920.570.770.93-0.10.210.570.59-0.430.97-0.930.940.940.980.80.39
0.890.070.550.89-0.540.60.540.910.540.740.89-0.140.20.550.56-0.420.95-0.920.910.910.980.810.46
0.70.010.430.71-0.380.480.380.730.380.550.71-0.360.150.430.39-0.340.76-0.750.690.740.80.810.66
0.44-0.030.250.44-0.210.280.210.460.210.310.27-0.310.110.250.22-0.270.36-0.460.30.370.390.460.66
Click cells to compare fundamentals

Blue Ribbon Account Relationship Matchups

Blue Ribbon balance sheet Accounts

201920202021202220232024 (projected)
Total Assets112.9M87.2M89.9M73.4M67.1M63.8M
Other Current Liab(405.5K)(257.8K)(177.9K)(33.5K)370.5K393.7K
Total Current Liabilities1.0M706.5K627.6K449.5K475.0K451.3K
Total Stockholder Equity111.9M86.5M89.2M72.9M66.7M63.3M
Net Debt(386.4K)(1.2M)(1.1M)(1.2M)(1.9M)(2.0M)
Accounts Payable405.5K257.8K177.9K33.5K104.5K99.3K
Cash386.4K1.2M1.1M1.2M1.9M1.8M
Non Current Assets Total112.2M85.8M88.5M71.8M65.0M61.7M
Cash And Short Term Investments386.4K1.2M1.1M1.2M1.9M1.8M
Net Receivables388.9K256.5K297.5K322.5K325.5K309.2K
Common Stock Shares Outstanding14.1M12.6M11.1M10.2M9.5M16.4M
Liabilities And Stockholders Equity112.9M87.2M89.9M73.4M67.1M63.8M
Other Current Assets(166.2M)(111.2M)(112.9M)(87.2M)(89.9M)47.0K
Total Liab1.0M706.5K627.6K449.5K475.0K451.3K
Total Current Assets775.3K1.4M1.4M1.6M2.2M2.1M
Short Term Investments112.2M85.8M88.5M71.8M65.0M104.8M
Non Currrent Assets Other(112.2M)(85.8M)(88.5M)(71.8M)(65.0M)(68.2M)
Common Stock111.9M86.5M89.2M72.9M66.7M126.2M
Non Current Liabilities Total1.0M706.5K627.6K449.5K475.0K833.4K
Inventory112.9M87.2M89.9M73.3M66.0M103.0M
Net Tangible Assets110.1M111.9M86.5M89.2M80.3M90.0M
Long Term Investments112.2M85.8M88.5M71.8M65.0M70.9M

Pair Trading with Blue Ribbon

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 Blue Ribbon 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 Blue Ribbon will appreciate offsetting losses from the drop in the long position's value.

Moving against Blue Stock

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  0.63AEMC Alaska Energy MetalsPairCorr
The ability to find closely correlated positions to Blue Ribbon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Ribbon 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 Blue Ribbon - 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 Blue Ribbon Income to buy it.
The correlation of Blue Ribbon 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 Blue Ribbon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Ribbon Income 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 Blue Ribbon 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

Other Information on Investing in Blue Stock

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