ButOne Long Term Investments vs Net Tangible Assets Analysis

600455 Stock   23.48  0.11  0.47%   
ButOne Information financial indicator trend analysis is way more than just evaluating ButOne Information Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ButOne Information Corp is a good investment. Please check the relationship between ButOne Information Long Term Investments and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ButOne Information Corp. 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.

Long Term Investments vs Net Tangible Assets

Long Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ButOne Information Corp Long Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ButOne Information's Long Term Investments and Net Tangible Assets is -0.35. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of ButOne Information Corp, assuming nothing else is changed. The correlation between historical values of ButOne Information's Long Term Investments and Net Tangible 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 Long Term Investments of ButOne Information Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Investments i.e., ButOne Information's Long Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of ButOne Information balance sheet that represents investments ButOne Information Corp intends to hold for over a year. ButOne Information Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from ButOne Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ButOne Information Corp 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 ButOne Information Corp. 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 753.4 K, whereas Selling General Administrative is forecasted to decline to about 8.8 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses107.6K869.4K999.8K558.5K
Gross Profit124.7M122.4M139.2M117.7M

ButOne Information fundamental ratios Correlations

0.370.970.80.120.080.69-0.66-0.33-0.49-0.120.930.530.910.84-0.49-0.15-0.290.310.420.450.25-0.36-0.36-0.14-0.15
0.370.440.04-0.330.440.350.10.320.010.050.49-0.190.140.420.150.5-0.13-0.520.0-0.15-0.530.230.230.040.5
0.970.440.66-0.080.210.66-0.56-0.24-0.380.010.970.370.920.91-0.49-0.06-0.170.180.360.270.13-0.3-0.3-0.01-0.06
0.80.040.660.6-0.470.65-0.83-0.69-0.73-0.310.530.810.660.4-0.66-0.32-0.490.540.620.750.46-0.54-0.54-0.3-0.32
0.12-0.33-0.080.6-0.720.24-0.57-0.58-0.71-0.69-0.180.820.02-0.35-0.26-0.68-0.480.70.480.780.72-0.45-0.45-0.48-0.68
0.080.440.21-0.47-0.72-0.150.580.790.570.280.4-0.580.140.480.570.370.32-0.38-0.54-0.44-0.390.540.540.090.37
0.690.350.660.650.24-0.15-0.7-0.46-0.69-0.470.570.320.460.34-0.420.010.10.070.840.150.04-0.45-0.450.150.01
-0.660.1-0.56-0.83-0.570.58-0.70.830.820.33-0.43-0.77-0.59-0.270.730.480.24-0.49-0.81-0.5-0.50.680.680.140.48
-0.330.32-0.24-0.69-0.580.79-0.460.830.730.17-0.05-0.68-0.30.050.830.40.25-0.42-0.73-0.42-0.430.80.80.010.4
-0.490.01-0.38-0.73-0.710.57-0.690.820.730.62-0.24-0.75-0.35-0.030.560.460.35-0.48-0.75-0.57-0.490.520.520.070.46
-0.120.050.01-0.31-0.690.28-0.470.330.170.620.02-0.440.050.28-0.130.430.15-0.44-0.46-0.43-0.450.230.230.040.43
0.930.490.970.53-0.180.40.57-0.43-0.05-0.240.020.270.90.95-0.29-0.04-0.130.130.220.20.1-0.17-0.17-0.04-0.04
0.53-0.190.370.810.82-0.580.32-0.77-0.68-0.75-0.440.270.490.15-0.53-0.73-0.690.750.440.880.77-0.59-0.59-0.47-0.73
0.910.140.920.660.020.140.46-0.59-0.3-0.350.050.90.490.9-0.53-0.34-0.20.460.250.40.42-0.37-0.37-0.11-0.34
0.840.420.910.4-0.350.480.34-0.270.05-0.030.280.950.150.9-0.30.01-0.090.080.010.110.04-0.07-0.07-0.020.01
-0.490.15-0.49-0.66-0.260.57-0.420.730.830.56-0.13-0.29-0.53-0.53-0.30.280.18-0.29-0.6-0.27-0.290.70.7-0.120.28
-0.150.5-0.06-0.32-0.680.370.010.480.40.460.43-0.04-0.73-0.340.010.280.26-0.85-0.21-0.56-0.950.460.460.371.0
-0.29-0.13-0.17-0.49-0.480.320.10.240.250.350.15-0.13-0.69-0.2-0.090.180.26-0.350.14-0.79-0.330.20.20.480.26
0.31-0.520.180.540.7-0.380.07-0.49-0.42-0.48-0.440.130.750.460.08-0.29-0.85-0.350.160.780.97-0.44-0.44-0.42-0.85
0.420.00.360.620.48-0.540.84-0.81-0.73-0.75-0.460.220.440.250.01-0.6-0.210.140.160.140.19-0.6-0.60.14-0.21
0.45-0.150.270.750.78-0.440.15-0.5-0.42-0.57-0.430.20.880.40.11-0.27-0.56-0.790.780.140.71-0.34-0.34-0.6-0.56
0.25-0.530.130.460.72-0.390.04-0.5-0.43-0.49-0.450.10.770.420.04-0.29-0.95-0.330.970.190.71-0.47-0.47-0.41-0.95
-0.360.23-0.3-0.54-0.450.54-0.450.680.80.520.23-0.17-0.59-0.37-0.070.70.460.2-0.44-0.6-0.34-0.471.0-0.020.46
-0.360.23-0.3-0.54-0.450.54-0.450.680.80.520.23-0.17-0.59-0.37-0.070.70.460.2-0.44-0.6-0.34-0.471.0-0.020.46
-0.140.04-0.01-0.3-0.480.090.150.140.010.070.04-0.04-0.47-0.11-0.02-0.120.370.48-0.420.14-0.6-0.41-0.02-0.020.37
-0.150.5-0.06-0.32-0.680.370.010.480.40.460.43-0.04-0.73-0.340.010.281.00.26-0.85-0.21-0.56-0.950.460.460.37
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ButOne Information Account Relationship Matchups

ButOne Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets764.6M799.7M875.7M931.1M991.1M708.5M
Other Current Liab249.7M236.5M556.3M265.1M708.6K673.2K
Total Current Liabilities543.2M538.3M565.3M582.3M602.3M464.5M
Total Stockholder Equity149.3M178.2M213.7M240.6M269.0M161.4M
Retained Earnings(58.8M)(29.9M)5.6M25.1M53.5M56.2M
Accounts Payable7.2M39.8M7.7M9.3M7.1M6.7M
Cash274.1M321.0M218.6M298.5M216.5M153.5M
Net Receivables7.9M3.4M2.8M3.3M1.0M986.0K
Inventory4.2M2.9M216.2K411.2K346.6K329.2K
Other Current Assets7.0M7.8M8.9M370.7K298.7K283.7K
Total Liab545.7M540.5M567.3M584.0M603.2M493.8M
Intangible Assets52.3M51.7M207.0M203.2M259.7M272.7M
Property Plant Equipment413.0M405.4M430.6M417.8M480.4M378.7M
Net Tangible Assets96.9M126.6M6.7M37.4M33.7M54.2M
Total Current Assets293.2M336.6M232.1M304.1M220.2M255.9M
Non Current Assets Total471.4M463.1M643.6M627.0M770.9M617.0M
Other Liab3.0M2.5M2.2M2.0M1.8M1.9M
Net Invested Capital149.3M178.2M213.7M240.6M269.0M208.4M
Net Working Capital(250.0M)(201.7M)(333.2M)(278.3M)(382.1M)(401.2M)

Currently Active Assets on Macroaxis

Other Information on Investing in ButOne Stock

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