Blue Other Non Cash Items vs Net Income 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 Other Non Cash Items and its Net Income 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.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Star Foods Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Blue Star's Other Non Cash Items and Net Income is -0.84. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Blue Star Foods are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Blue Star's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Blue Star Foods financial statement analysis. It represents the amount of money remaining after all of Blue Star Foods operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.