BEST Net Invested Capital vs Long Term Investments Analysis

BEST Stock  USD 2.65  0.02  0.75%   
BEST financial indicator trend analysis is way more than just evaluating BEST Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BEST Inc is a good investment. Please check the relationship between BEST Net Invested Capital and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BEST Inc Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BEST's Net Invested Capital and Long Term Investments is -0.05. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of BEST Inc, assuming nothing else is changed. The correlation between historical values of BEST's Net Invested Capital and Long Term Investments 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 Invested Capital of BEST Inc are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., BEST's Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of BEST balance sheet that represents investments BEST Inc intends to hold for over a year. BEST Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from BEST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BEST Inc 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 BEST Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Selling General Administrative is likely to gain to about 876.1 M in 2024, despite the fact that Discontinued Operations is likely to grow to (42 M).
 2021 2022 2023 2024 (projected)
Interest Expense142.8M89.1M64.3M78.3M
Depreciation And Amortization191.4M188.9M189.2M246.7M

BEST fundamental ratios Correlations

0.070.03-0.010.06-0.040.120.020.00.21-0.120.230.060.46-0.03-0.38-0.140.30.130.24-0.1-0.190.160.190.07-0.12
0.070.890.750.980.780.90.440.920.630.78-0.710.710.520.960.490.810.640.960.330.780.63-0.420.440.860.81
0.030.890.760.880.680.730.430.960.430.94-0.690.440.420.960.70.810.40.830.010.730.83-0.350.050.860.74
-0.010.750.760.830.480.720.260.80.540.75-0.510.180.210.790.540.620.230.630.10.510.49-0.220.040.970.53
0.060.980.880.830.760.930.450.930.680.8-0.660.670.410.960.450.80.520.940.360.740.59-0.420.410.920.77
-0.040.780.680.480.760.730.810.620.330.64-0.730.680.270.730.510.860.530.860.190.940.61-0.870.390.590.95
0.120.90.730.720.930.730.510.830.850.69-0.440.770.350.860.220.650.570.850.640.650.33-0.390.640.810.67
0.020.440.430.260.450.810.510.380.210.53-0.290.41-0.160.450.230.520.110.560.20.620.35-0.880.210.350.63
0.00.920.960.80.930.620.830.380.610.93-0.580.530.340.990.530.730.360.830.220.630.69-0.260.20.890.65
0.210.630.430.540.680.330.850.210.610.40.020.630.330.6-0.140.230.480.560.850.21-0.120.030.730.580.23
-0.120.780.940.750.80.640.690.530.930.4-0.570.340.110.910.670.750.140.710.00.660.79-0.39-0.050.830.66
0.23-0.71-0.69-0.51-0.66-0.73-0.44-0.29-0.580.02-0.57-0.43-0.39-0.67-0.78-0.92-0.44-0.720.28-0.89-0.850.58-0.02-0.59-0.9
0.060.710.440.180.670.680.770.410.530.630.34-0.430.410.60.00.550.660.780.670.620.21-0.420.830.350.63
0.460.520.420.210.410.270.35-0.160.340.330.11-0.390.410.380.250.350.880.510.140.360.220.110.380.280.37
-0.030.960.960.790.960.730.860.450.990.60.91-0.670.60.380.580.810.450.90.220.740.72-0.380.260.890.76
-0.380.490.70.540.450.510.220.230.53-0.140.67-0.780.00.250.580.770.20.44-0.550.690.85-0.39-0.380.530.69
-0.140.810.810.620.80.860.650.520.730.230.75-0.920.550.350.810.770.440.85-0.080.970.82-0.670.130.730.96
0.30.640.40.230.520.530.570.110.360.480.14-0.440.660.880.450.20.440.620.410.540.16-0.170.680.310.56
0.130.960.830.630.940.860.850.560.830.560.71-0.720.780.510.90.440.850.620.320.840.62-0.560.460.760.86
0.240.330.010.10.360.190.640.20.220.850.00.280.670.140.22-0.55-0.080.410.320.0-0.460.020.90.170.01
-0.10.780.730.510.740.940.650.620.630.210.66-0.890.620.360.740.690.970.540.840.00.75-0.780.250.630.99
-0.190.630.830.490.590.610.330.350.69-0.120.79-0.850.210.220.720.850.820.160.62-0.460.75-0.47-0.310.590.74
0.16-0.42-0.35-0.22-0.42-0.87-0.39-0.88-0.260.03-0.390.58-0.420.11-0.38-0.39-0.67-0.17-0.560.02-0.78-0.47-0.16-0.3-0.79
0.190.440.050.040.410.390.640.210.20.73-0.05-0.020.830.380.26-0.380.130.680.460.90.25-0.31-0.160.130.27
0.070.860.860.970.920.590.810.350.890.580.83-0.590.350.280.890.530.730.310.760.170.630.59-0.30.130.64
-0.120.810.740.530.770.950.670.630.650.230.66-0.90.630.370.760.690.960.560.860.010.990.74-0.790.270.64
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BEST Account Relationship Matchups

BEST fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding19.5M19.4M26.5M4.9M19.1M14.7M
Total Assets19.5B19.8B11.3B7.8B6.3B11.8B
Short Long Term Debt Total8.5B9.6B5.9B4.1B3.3B4.3B
Other Current Liab2.0B8.3B1.9B2.0B1.4B2.6B
Total Current Liabilities10.6B12.6B5.8B4.8B4.9B7.3B
Total Stockholder Equity3.9B1.8B2.1B697.0M(98.2M)(103.1M)
Other Liab163.0M175.6M24.3M18.8M21.6M20.5M
Net Tangible Assets3.3B1.4B2.0B567.3M652.4M685.0M
Property Plant And Equipment Net7.3B7.9B2.7B2.5B1.9B3.3B
Current Deferred Revenue1.5B1.5B298.4M277.7M(1.0)(0.95)
Net Debt6.5B8.2B2.3B3.5B2.9B2.6B
Retained Earnings(15.6B)(17.7B)(17.5B)(18.9B)(19.7B)(20.7B)
Accounts Payable3.4B1.5B1.4B1.4B1.6B1.5B
Cash2.0B1.4B3.6B533.5M426.0M404.7M
Non Current Assets Total9.8B10.5B4.5B4.5B3.2B5.2B
Non Currrent Assets Other437.8M1.3B1.2B1.7B941.5M750.9M
Other Assets1.6B2.0B1.5B1.7B2.0B1.4B
Long Term Debt1.4B2.3B1.8B929.3M584.7M856.1M
Cash And Short Term Investments3.1B1.7B3.7B1.3B461.9M438.8M
Net Receivables2.1B1.8B1.5B849.5M990.4M1.4B
Good Will469.1M491.0M295.8M54.1M48.7M46.3M
Short Term Investments1.1B268.6M147.4M725.0M35.9M34.1M
Liabilities And Stockholders Equity19.5B19.8B11.3B7.8B6.3B11.8B
Non Current Liabilities Total5.0B5.5B3.3B2.2B1.5B1.4B
Capital Lease Obligations4.5B4.1B2.0B1.8B1.4B1.7B
Inventory140.0M44.1M25.6M16.5M7.8M7.4M
Other Current Assets2.6B6.1B1.6B1.2B1.6B2.2B
Other Stockholder Equity19.4B19.3B19.4B19.5B19.5B16.6B
Total Liab15.6B18.1B9.1B7.0B6.3B9.0B
Long Term Investments230.9M221.4M219.2M156.9M180.4M154.3M
Property Plant And Equipment Gross7.3B7.9B2.7B2.5B2.9B3.5B
Short Long Term Debt2.6B3.2B2.1B1.3B1.3B1.7B
Total Current Assets9.7B9.3B6.8B3.3B3.1B2.9B
Accumulated Other Comprehensive Income163.2M159.7M107.5M124.5M119.2M119.0M
Non Current Liabilities Other137.2M175.6M24.3M18.8M22.8M21.7M
Short Term Debt3.7B2.8B2.6B1.3B1.8B2.0B
Intangible Assets121.6M12.2M55.7M75.6M93.2M83.0M

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Additional Tools for BEST Stock Analysis

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