Blue Capital Expenditures vs Change To Inventory Analysis
BSFC Stock | USD 0.29 0.02 6.45% |
Blue Star financial indicator trend analysis is way more than just evaluating Blue Star Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Star Foods is a good investment. Please check the relationship between Blue Star Capital Expenditures and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Star Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Capital Expenditures vs Change To Inventory
Capital Expenditures vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Star Foods Capital Expenditures account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Blue Star's Capital Expenditures and Change To Inventory is -0.64. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Blue Star Foods, assuming nothing else is changed. The correlation between historical values of Blue Star's Capital Expenditures and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Blue Star Foods are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Blue Star's Capital Expenditures and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Blue Star Foods to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Blue Star operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Blue Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Star Foods 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 Blue Star Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At present, Blue Star's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 320.5K | 1.7M | 1.8M | 1.2M | Depreciation And Amortization | 375.8K | 643.1K | 4.5K | 4.3K |
Blue Star fundamental ratios Correlations
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Blue Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Star fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.7M | 7.8M | 15.9M | 8.7M | 6.4M | 8.4M | |
Short Long Term Debt Total | 12.7M | 4.9M | 4.1M | 6.7M | 1.0M | 977.5K | |
Other Current Liab | 3.5M | 1.3M | 1.1M | 790.9K | 2.0M | 1.9M | |
Total Current Liabilities | 14.6M | 7.3M | 6.8M | 9.5M | 3.2M | 3.0M | |
Total Stockholder Equity | (161.7K) | (19.7K) | 8.9M | (1.2M) | 2.6M | 2.7M | |
Net Tangible Assets | (2.7M) | (2.4M) | 5.1M | (1.2M) | (1.4M) | (1.4M) | |
Property Plant And Equipment Net | 1.3M | 119.5K | 2.0M | 317.9K | 428.9K | 624.5K | |
Net Debt | 12.6M | 4.8M | 2.9M | 6.7M | 1.0M | 954.5K | |
Retained Earnings | (9.0M) | (13.5M) | (16.1M) | (29.3M) | (33.8M) | (32.1M) | |
Accounts Payable | 3.5M | 1.6M | 1.8M | 2.4M | 661.4K | 628.3K | |
Cash | 153.9K | 55.6K | 1.2M | 9.3K | 24.2K | 23.0K | |
Non Current Assets Total | 4.0M | 3.1M | 6.3M | 2.2M | 2.3M | 2.6M | |
Non Currrent Assets Other | 125.4K | 563.6K | 580.2K | 1.4M | 1.8M | 1.9M | |
Other Assets | 125.4K | 563.6K | 580.2K | 1.8M | 1.0 | 0.95 | |
Cash And Short Term Investments | 153.9K | 55.6K | 1.2M | 9.3K | 24.2K | 23.0K | |
Net Receivables | 3.4M | 1.1M | 1.2M | 813.4K | 534.2K | 507.5K | |
Common Stock Shares Outstanding | 877.9K | 912.9K | 1.1M | 1.3M | 101.7K | 96.6K | |
Liabilities And Stockholders Equity | 15.7M | 7.8M | 15.9M | 8.7M | 6.4M | 8.4M | |
Non Current Liabilities Total | 1.7M | 584.8K | 246.4K | 389.6K | 570.9K | 542.4K | |
Inventory | 8.0M | 1.8M | 2.1M | 4.8M | 2.7M | 5.0M | |
Other Current Assets | 242.7K | 1.8M | 3.7M | 890.5K | 793.0K | 1.1M | |
Other Stockholder Equity | 8.7M | 13.5M | 25.1M | 28.3M | 36.6M | 38.4M | |
Total Liab | 16.3M | 7.8M | 7.0M | 9.9M | 3.8M | 3.6M | |
Total Current Assets | 11.8M | 4.7M | 9.6M | 6.5M | 4.1M | 6.5M | |
Common Stock | 1.8K | 2.0K | 2.5K | 2.7K | 2.3K | 2.0K | |
Property Plant Equipment | 1.3M | 20.1K | 2.0M | 317.9K | 365.6K | 630.7K | |
Net Invested Capital | 11.3M | 4.8M | 12.9M | 5.2M | 3.5M | 5.9M | |
Net Working Capital | (2.8M) | (2.5M) | 2.8M | (3.0M) | 899.2K | 944.2K | |
Short Long Term Debt | 10.9M | 4.3M | 3.8M | 6.2M | 422.6K | 401.4K | |
Capital Stock | 1.8K | 2.0K | 2.5K | 2.7K | 2.3K | 2.2K | |
Short Term Debt | 11.0M | 4.3M | 3.8M | 6.3M | 458.0K | 435.1K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Blue Star Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blue Star's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blue Star Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blue Star Foods Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Star Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Packaged Foods & Meats 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 Blue Star. If investors know Blue 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 Blue Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 30.16 | Revenue Per Share 12.84 | Quarterly Revenue Growth 0.073 | Return On Assets (0.31) | Return On Equity (1.74) |
The market value of Blue Star Foods is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Star's value that differs from its market value or its book value, called intrinsic value, which is Blue Star'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 Blue Star's market value can be influenced by many factors that don't directly affect Blue Star'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 Blue Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Star'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.