Ball Net Tangible Assets vs Deferred Long Term Liab Analysis

BALL Stock  USD 62.16  0.44  0.70%   
Ball financial indicator trend analysis is way more than just evaluating Ball prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ball is a good investment. Please check the relationship between Ball Net Tangible Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Tangible Assets vs Deferred Long Term Liab

Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ball Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Ball's Net Tangible Assets and Deferred Long Term Liab is -0.99. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Ball Corporation, assuming nothing else is changed. The correlation between historical values of Ball's Net Tangible Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ball Corporation are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Tangible Assets i.e., Ball's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Ball's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ball 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 Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Ball's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 102.5 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 34.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.6B2.7B2.8B
Total Revenue13.8B15.3B14.0B14.7B

Ball fundamental ratios Correlations

0.990.830.940.970.930.980.920.640.990.390.640.950.240.980.760.7-0.431.00.970.520.960.80.740.280.89
0.990.830.930.930.930.990.930.650.980.440.650.920.180.970.750.7-0.470.990.960.570.930.750.730.270.86
0.830.830.910.770.960.830.90.440.870.250.440.910.310.740.550.79-0.580.840.860.580.80.420.530.630.54
0.940.930.910.870.960.920.940.60.930.340.60.970.260.850.730.71-0.570.950.970.70.920.640.70.490.72
0.970.930.770.870.890.930.830.570.970.240.570.90.380.940.710.61-0.240.950.90.440.930.870.650.160.92
0.930.930.960.960.890.940.960.480.960.280.480.970.270.860.670.79-0.570.930.930.590.90.580.660.440.7
0.980.990.830.920.930.940.940.530.980.440.530.940.160.960.770.71-0.490.980.940.540.930.710.720.230.83
0.920.930.90.940.830.960.940.540.930.40.540.940.060.880.70.84-0.720.940.940.590.90.540.80.360.68
0.640.650.440.60.570.480.530.540.60.221.00.480.220.650.340.34-0.20.660.680.480.530.660.490.380.64
0.990.980.870.930.970.960.980.930.60.350.60.940.280.960.690.73-0.420.980.940.520.940.760.690.270.85
0.390.440.250.340.240.280.440.40.220.350.220.33-0.360.470.40.29-0.370.430.350.010.450.240.350.050.27
0.640.650.440.60.570.480.530.541.00.60.220.480.220.650.340.34-0.20.660.680.480.530.660.490.380.64
0.950.920.910.970.90.970.940.940.480.940.330.480.230.880.780.76-0.570.950.960.560.950.640.730.410.75
0.240.180.310.260.380.270.160.060.220.28-0.360.220.230.15-0.170.010.430.20.20.20.20.35-0.340.280.21
0.980.970.740.850.940.860.960.880.650.960.470.650.880.150.750.68-0.390.980.930.380.930.820.750.170.91
0.760.750.550.730.710.670.770.70.340.690.40.340.78-0.170.750.49-0.470.770.790.420.780.640.840.140.77
0.70.70.790.710.610.790.710.840.340.730.290.340.760.010.680.49-0.740.720.740.330.670.260.670.410.42
-0.43-0.47-0.58-0.57-0.24-0.57-0.49-0.72-0.2-0.42-0.37-0.2-0.570.43-0.39-0.47-0.74-0.47-0.55-0.45-0.460.1-0.71-0.36-0.09
1.00.990.840.950.950.930.980.940.660.980.430.660.950.20.980.770.72-0.470.980.530.960.780.750.310.87
0.970.960.860.970.90.930.940.940.680.940.350.680.960.20.930.790.74-0.550.980.610.940.720.790.420.82
0.520.570.580.70.440.590.540.590.480.520.010.480.560.20.380.420.33-0.450.530.610.430.250.410.440.33
0.960.930.80.920.930.90.930.90.530.940.450.530.950.20.930.780.67-0.460.960.940.430.780.740.220.83
0.80.750.420.640.870.580.710.540.660.760.240.660.640.350.820.640.260.10.780.720.250.780.53-0.030.96
0.740.730.530.70.650.660.720.80.490.690.350.490.73-0.340.750.840.67-0.710.750.790.410.740.530.080.68
0.280.270.630.490.160.440.230.360.380.270.050.380.410.280.170.140.41-0.360.310.420.440.22-0.030.080.02
0.890.860.540.720.920.70.830.680.640.850.270.640.750.210.910.770.42-0.090.870.820.330.830.960.680.02
Click cells to compare fundamentals

Ball Account Relationship Matchups

Ball fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4B18.3B19.7B19.9B19.3B20.3B
Short Long Term Debt Total7.8B7.8B7.7B8.9B8.6B9.0B
Other Current Liab618M934M1.1B1.1B1.4B1.4B
Total Current Liabilities5.6B4.4B6.0B7.0B6.2B6.5B
Total Stockholder Equity3.0B3.3B3.7B3.5B3.8B4.0B
Property Plant And Equipment Net4.5B5.4B6.5B7.1B7.8B8.2B
Net Debt6.0B6.4B7.2B8.4B7.9B8.3B
Retained Earnings5.8B6.2B6.8B7.3B7.8B8.2B
Cash1.8B1.4B563M548M695M729.8M
Non Current Assets Total12.5B13.6B14.5B14.4B16.6B17.4B
Non Currrent Assets Other1.1B1.3B1.6B1.4B675M547.7M
Cash And Short Term Investments1.8B1.4B563M548M695M729.8M
Net Receivables1.6B1.7B2.6B2.6B2.3B2.5B
Common Stock Shares Outstanding340.1M332.8M331.6M320.0M317.0M385.1M
Liabilities And Stockholders Equity17.4B18.3B19.7B19.9B19.3B20.3B
Non Current Liabilities Total8.8B10.5B10.1B9.4B9.3B9.7B
Inventory1.3B1.4B1.8B2.2B1.6B861.6M
Other Current Assets181M218M305M168M295M309.8M
Other Stockholder Equity(3.1B)(3.1B)(3.9B)(4.4B)(4.4B)(4.2B)
Total Liab14.3B14.9B16.0B16.4B15.5B16.2B
Total Current Assets4.9B4.7B5.2B5.5B4.9B5.1B
Accumulated Other Comprehensive Income(910M)(954M)(582M)(679M)(916M)(870.2M)
Short Term Debt1.5B80M95M1.5B1.1B1.1B
Accounts Payable3.1B3.4B4.8B4.4B3.8B3.9B
Intangible Assets2.0B1.9B1.7B1.4B1.3B885.3M
Common Stock1.2B1.2B1.2B1.3B1.3B985.0M
Current Deferred Revenue343M410M429M327M333M349.7M
Good Will4.4B4.5B4.4B4.2B4.3B3.3B
Other Liab2.2B2.5B2.0B1.5B1.3B1.7B
Net Tangible Assets(3.5B)(3.1B)(2.4B)3.5B4.0B4.2B
Other Assets1.1B1.2B1.3B1.1B1.3B1.3B
Long Term Debt6.3B7.8B7.7B7.5B7.5B8.0B
Net Invested Capital10.8B11.1B11.4B12.5B12.3B12.5B
Long Term Investments291M321M184M193M212M200.4M
Short Long Term Debt1.5B17M15M1.4B1.1B770.7M
Capital Stock1.2B1.2B1.2B1.3B1.3B1.3B
Non Current Liabilities Other199M441M144M1.8B458M616.6M
Net Working Capital(693M)231M(730M)(1.5B)(1.3B)(1.2B)
Property Plant Equipment4.7B5.7B6.9B7.5B8.6B6.4B

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When determining whether Ball is a strong investment it is important to analyze Ball'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 Ball's future performance. For an informed investment choice regarding Ball Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Metal, Glass & Plastic Containers 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 Ball. If investors know Ball 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 Ball 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
0.008
Dividend Share
0.8
Earnings Share
2.4
Revenue Per Share
44.401
Quarterly Revenue Growth
(0.01)
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball'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 Ball's market value can be influenced by many factors that don't directly affect Ball'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 Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball'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.