Boxlight Net Tangible Assets vs Capital Stock Analysis
BOXL Stock | USD 0.43 0.02 4.44% |
Boxlight Corp financial indicator trend analysis is way more than just evaluating Boxlight Corp Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boxlight Corp Class is a good investment. Please check the relationship between Boxlight Corp Net Tangible Assets and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boxlight Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Net Tangible Assets vs Capital Stock
Net Tangible Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boxlight Corp Class Net Tangible Assets account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Boxlight Corp's Net Tangible Assets and Capital Stock is -0.95. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Boxlight Corp Class, assuming nothing else is changed. The correlation between historical values of Boxlight Corp's Net Tangible Assets and Capital Stock 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 Boxlight Corp Class are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Tangible Assets i.e., Boxlight Corp's Net Tangible Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Boxlight Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boxlight Corp Class 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 Boxlight Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Boxlight Corp's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.50 this year, although the value of Tax Provision will most likely fall to about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 46.5M | 64.9M | 63.3M | 66.5M | Total Revenue | 185.2M | 221.8M | 176.7M | 185.6M |
Boxlight Corp fundamental ratios Correlations
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Boxlight Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boxlight Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.5M | 140.4M | 201.4M | 195.4M | 158.6M | 86.0M | |
Short Long Term Debt Total | 6.2M | 24.6M | 51.9M | 49.0M | 49.3M | 51.7M | |
Other Current Liab | 577.9K | 5.2M | 11.7M | 4.8M | 5.4M | 3.7M | |
Total Current Liabilities | 17.2M | 40.4M | 55.2M | 48.5M | 46.2M | 27.8M | |
Total Stockholder Equity | (647.7K) | 73.7M | 81.8M | 80.4M | 45.3M | 32.1M | |
Net Tangible Assets | (10.9M) | (33.5M) | (38.3M) | (25.8M) | (23.2M) | (22.0M) | |
Net Debt | 5.0M | 11.2M | 34.0M | 34.4M | 32.0M | 33.6M | |
Retained Earnings | (31.3M) | (47.5M) | (61.3M) | (65.0M) | (104.3M) | (99.1M) | |
Accounts Payable | 9.8M | 12.7M | 25.7M | 30.7M | 27.4M | 14.5M | |
Cash | 1.2M | 13.5M | 17.9M | 14.6M | 17.3M | 18.1M | |
Cash And Short Term Investments | 1.2M | 13.5M | 17.9M | 14.6M | 17.3M | 18.1M | |
Common Stock Total Equity | 956.0 | 1.0K | 1.2K | 5.3K | 6.1K | 6.4K | |
Common Stock Shares Outstanding | 1.3M | 5.3M | 7.4M | 8.6M | 9.5M | 4.9M | |
Liabilities And Stockholders Equity | 20.5M | 140.4M | 201.4M | 195.4M | 158.6M | 86.0M | |
Other Stockholder Equity | 30.7M | 116.0M | 110.9M | 117.8M | 119.7M | 125.7M | |
Total Liab | 21.1M | 66.7M | 119.6M | 115.0M | 113.3M | 119.0M | |
Short Long Term Debt | 4.9M | 16.8M | 9.8M | 845K | 1.0M | 985.2K | |
Total Current Assets | 9.9M | 61.4M | 108.5M | 111.2M | 100.4M | 105.4M | |
Accumulated Other Comprehensive Income | (38.0K) | 5.2M | 3.7M | (914K) | 1.3M | 844.0K | |
Short Term Debt | 4.9M | 16.8M | 9.8M | 4.6M | 4.7M | 5.7M | |
Common Stock | 1.2K | 5.3K | 6K | 7K | 1K | 950.0 | |
Current Deferred Revenue | 2.0M | 5.7M | 8.3M | 472K | 8.7M | 9.1M | |
Non Current Assets Total | 10.5M | 79.0M | 92.9M | 84.2M | 58.2M | 43.8M | |
Non Currrent Assets Other | 56.2K | 90.7K | 248K | 397K | 906K | 951.3K | |
Other Assets | 56.2K | 89K | 248K | 397K | 1.0 | 0.95 | |
Net Receivables | 3.7M | 21.0M | 29.6M | 31.0M | 29.5M | 15.3M | |
Capital Surpluse | 21.1M | 27.3M | 30.7M | 86.8M | 99.8M | 104.8M | |
Inventory | 3.3M | 20.9M | 51.6M | 58.2M | 44.1M | 23.7M | |
Other Current Assets | 1.8M | 6.1M | 3.4M | 6.6M | 9.5M | 9.9M | |
Intangible Assets | 5.6M | 55.2M | 65.5M | 52.6M | 46.0M | 29.9M | |
Other Liab | 2.6M | 18.4M | 22.3M | 20.3M | 23.3M | 24.5M | |
Long Term Debt | 1.3M | 7.8M | 42.1M | 43.8M | 39.1M | 41.1M | |
Retained Earnings Total Equity | (12.0M) | (19.2M) | (31.3M) | (47.5M) | (42.7M) | (40.6M) | |
Non Current Liabilities Total | 3.9M | 26.3M | 64.4M | 66.5M | 67.1M | 70.4M | |
Property Plant And Equipment Gross | 207.4K | 561.7K | 1.1M | 6.1M | 12.7M | 13.3M | |
Property Plant Equipment | 207.4K | 561.7K | 1.1M | 6.1M | 7.0M | 7.3M |
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Is Technology Hardware, Storage & Peripherals 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 Boxlight Corp. If investors know Boxlight 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 Boxlight Corp 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 3.376 | Earnings Share (3.18) | Revenue Per Share 17.002 | Quarterly Revenue Growth (0.18) | Return On Assets (0.01) |
The market value of Boxlight Corp Class is measured differently than its book value, which is the value of Boxlight that is recorded on the company's balance sheet. Investors also form their own opinion of Boxlight Corp's value that differs from its market value or its book value, called intrinsic value, which is Boxlight Corp'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 Boxlight Corp's market value can be influenced by many factors that don't directly affect Boxlight Corp'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 Boxlight Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boxlight Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boxlight Corp'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.