BOE Short Term Investments vs Total Current Liabilities Analysis

000725 Stock   4.38  0.02  0.45%   
BOE Technology financial indicator trend analysis is way more than just evaluating BOE Technology Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BOE Technology Group is a good investment. Please check the relationship between BOE Technology Short Term Investments and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BOE Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BOE Technology Group Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BOE Technology's Short Term Investments and Total Current Liabilities is 0.58. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of BOE Technology Group, assuming nothing else is changed. The correlation between historical values of BOE Technology's Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of BOE Technology Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., BOE Technology's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of BOE Technology balance sheet. It contains any investments BOE Technology Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that BOE Technology Group can easily liquidate in the marketplace.

Total Current Liabilities

Total Current Liabilities is an item on BOE Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BOE Technology Group 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.
Most indicators from BOE Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BOE Technology Group 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 BOE Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit63.3B20.9B21.9B26.1B
Total Revenue219.3B178.4B174.5B138.4B

BOE Technology fundamental ratios Correlations

0.40.990.90.960.810.920.990.950.930.970.950.880.660.95-0.030.90.990.670.440.330.980.90.960.60.98
0.40.480.120.35-0.040.160.320.40.450.430.280.66-0.090.260.710.110.47-0.190.160.720.330.410.4-0.350.36
0.990.480.870.940.760.880.970.950.930.960.920.920.580.930.050.890.990.60.390.410.960.890.970.540.97
0.90.120.870.820.940.990.930.880.740.80.920.690.770.98-0.420.910.830.880.29-0.070.940.740.880.760.89
0.960.350.940.820.780.860.960.870.980.970.920.820.60.870.050.820.960.650.440.360.910.940.910.60.97
0.81-0.040.760.940.780.960.870.790.670.710.880.540.710.92-0.540.830.730.970.26-0.210.860.70.820.890.84
0.920.160.880.990.860.960.950.890.780.840.950.70.780.98-0.380.880.860.890.36-0.040.960.780.890.770.91
0.990.320.970.930.960.870.950.940.930.960.970.840.660.97-0.120.90.970.750.40.250.980.910.960.680.99
0.950.40.950.880.870.790.890.940.870.910.950.80.580.92-0.060.870.940.660.480.30.980.870.910.60.92
0.930.450.930.740.980.670.780.930.870.970.880.830.520.80.210.760.960.520.460.510.880.960.870.480.93
0.970.430.960.80.970.710.840.960.910.970.90.860.630.860.120.820.990.560.540.460.930.910.910.50.96
0.950.280.920.920.920.880.950.970.950.880.90.770.630.96-0.20.840.910.80.410.150.980.90.90.720.93
0.880.660.920.690.820.540.70.840.80.830.860.770.360.790.240.740.90.350.210.570.80.780.90.310.86
0.66-0.090.580.770.60.710.780.660.580.520.630.630.360.69-0.40.60.610.710.53-0.20.690.440.520.480.63
0.950.260.930.980.870.920.980.970.920.80.860.960.790.69-0.30.910.890.830.30.060.970.810.940.740.94
-0.030.710.05-0.420.05-0.54-0.38-0.12-0.060.210.12-0.20.24-0.4-0.3-0.270.11-0.680.150.86-0.160.12-0.06-0.67-0.05
0.90.110.890.910.820.830.880.90.870.760.820.840.740.60.91-0.270.850.690.270.130.890.720.920.740.88
0.990.470.990.830.960.730.860.970.940.960.990.910.90.610.890.110.850.570.490.460.950.910.940.510.97
0.67-0.190.60.880.650.970.890.750.660.520.560.80.350.710.83-0.680.690.570.23-0.420.750.580.660.90.7
0.440.160.390.290.440.260.360.40.480.460.540.410.210.530.30.150.270.490.230.140.460.320.260.180.4
0.330.720.41-0.070.36-0.21-0.040.250.30.510.460.150.57-0.20.060.860.130.46-0.420.140.20.470.32-0.380.32
0.980.330.960.940.910.860.960.980.980.880.930.980.80.690.97-0.160.890.950.750.460.20.870.920.660.95
0.90.410.890.740.940.70.780.910.870.960.910.90.780.440.810.120.720.910.580.320.470.870.850.520.9
0.960.40.970.880.910.820.890.960.910.870.910.90.90.520.94-0.060.920.940.660.260.320.920.850.650.97
0.6-0.350.540.760.60.890.770.680.60.480.50.720.310.480.74-0.670.740.510.90.18-0.380.660.520.650.65
0.980.360.970.890.970.840.910.990.920.930.960.930.860.630.94-0.050.880.970.70.40.320.950.90.970.65
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BOE Technology Account Relationship Matchups

BOE Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets340.4B424.3B450.2B420.6B419.2B363.3B
Other Current Liab25.8B38.0B32.7B3.7B3.2B3.0B
Total Current Liabilities78.4B105.0B103.4B85.7B90.2B78.8B
Total Stockholder Equity95.1B103.3B143.1B136.1B129.4B114.1B
Other Liab10.8B11.9B10.9B11.5B13.2B10.3B
Net Tangible Assets79.0B86.9B90.0B130.6B150.2B97.1B
Retained Earnings13.9B18.0B39.8B35.8B35.6B21.4B
Accounts Payable23.2B28.4B33.3B30.7B33.9B26.1B
Cash57.0B73.7B81.0B68.8B72.5B68.3B
Other Assets9.8B11.3B10.3B9.5B10.9B8.6B
Long Term Debt109.1B132.9B116.4B123.1B121.5B110.1B
Net Receivables19.2B23.0B35.5B28.2B33.4B25.3B
Good Will707.6M1.4B1.1B660.8M704.7M745.8M
Short Term Investments5.8B4.4B10.0B17.2B7.8B7.9B
Inventory12.5B18.5B27.7B22.8B24.1B17.3B
Other Current Assets8.8B8.4B4.6B3.4B3.3B4.8B
Other Stockholder Equity541.3M8.8B14.0B14.8B17.0B17.9B
Total Liab199.4B250.9B232.9B218.5B221.4B201.2B
Deferred Long Term Liab360.6M345.4M299.6M636.5M732.0M425.6M
Short Long Term Debt6.4B8.6B2.1B2.4B1.7B3.3B
Total Current Assets104.4B129.0B161.2B142.2B143.2B126.4B
Intangible Assets7.4B11.9B11.2B8.9B11.7B8.1B
Property Plant Equipment184.6B213.2B267.4B259.6B298.5B196.3B
Non Current Assets Total236.0B295.3B289.0B278.3B276.0B254.3B
Non Currrent Assets Other9.5B8.6B7.5B2.0B4.0B4.8B
Non Current Liabilities Total121.0B145.9B129.5B132.9B131.2B131.4B
Non Current Liabilities Other8.2B5.3B4.4B2.5B2.5B2.4B
Net Debt57.5B67.8B37.5B56.7B50.8B57.3B
Net Invested Capital209.5B244.7B261.6B261.6B252.7B252.0B
Net Working Capital26.1B24.0B57.9B56.6B53.0B47.9B

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Other Information on Investing in BOE Stock

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