Block Other Non Cash Items vs Change To Inventory Analysis

SQ2 Stock

147.81 6.40 4.15%

Block financial indicator trend analysis is way more than just evaluating Block Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Block Inc is a good investment. Please check the relationship between Block Other Non Cash Items and its Change To Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block 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 board of governors.

Other Non Cash Items vs Change To Inventory

Other Non Cash Items vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Block Inc Other Non Cash Items account and Change To Inventory. At this time, the significance of the direction appears to have weak relationship.

The correlation between Block's Other Non Cash Items and Change To Inventory is 0.32. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Block Inc, assuming nothing else is changed. The correlation between historical values of Block's Other Non Cash Items 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 Other Non Cash Items of Block Inc 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 Other Non Cash Items i.e., Block's Other Non Cash Items and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Non Cash Items

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Block's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Block 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Block 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 board of governors.

Selling General Administrative is likely to gain to about 2.3 B in 2024, despite the fact that Tax Provision is likely to grow to (7.6 M).

	2021	2022	2023	2024 (projected)
Gross Profit	4.4B	6.0B	7.5B	7.9B
Total Revenue	17.7B	17.5B	21.9B	23.0B

Gross Profit Total Revenue

Block fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Other Assets
Common Stock Shares Outstanding		0.82	0.83	0.85	0.75	0.88	-0.14	-0.16	0.76	0.79	0.77	0.81	0.9	0.76	0.7	0.88	0.92	0.75	0.76	0.87	0.85	0.74	0.93	0.82	0.75	0.49
Total Assets	0.82		0.85	0.99	0.99	0.71	-0.49	-0.08	0.81	0.96	0.99	0.6	0.76	0.99	0.96	0.94	0.96	0.96	0.98	0.98	0.99	0.97	0.83	0.99	0.64	0.23
Other Current Liab	0.83	0.85		0.9	0.75	0.91	-0.16	0.23	0.71	0.9	0.76	0.76	0.91	0.77	0.68	0.96	0.92	0.74	0.74	0.93	0.91	0.71	0.93	0.8	0.57	0.59
Total Current Liabilities	0.85	0.99	0.9		0.96	0.77	-0.45	-0.03	0.82	0.98	0.96	0.65	0.81	0.97	0.92	0.97	0.98	0.94	0.95	1.0	1.0	0.93	0.88	0.98	0.64	0.3
Total Stockholder Equity	0.75	0.99	0.75	0.96		0.6	-0.58	-0.15	0.78	0.92	1.0	0.49	0.66	1.0	0.99	0.87	0.9	0.97	1.0	0.93	0.95	0.99	0.74	0.99	0.6	0.1
Property Plant And Equipment Net	0.88	0.71	0.91	0.77	0.6		0.14	0.21	0.56	0.71	0.62	0.93	0.98	0.6	0.53	0.88	0.83	0.61	0.59	0.82	0.77	0.59	0.92	0.66	0.6	0.73
Net Debt	-0.14	-0.49	-0.16	-0.45	-0.58	0.14		0.26	-0.45	-0.54	-0.53	0.3	0.11	-0.61	-0.6	-0.23	-0.34	-0.61	-0.58	-0.37	-0.45	-0.52	-0.13	-0.54	-0.09	0.65
Retained Earnings	-0.16	-0.08	0.23	-0.03	-0.15	0.21	0.26		-0.35	0.01	-0.13	0.08	0.16	-0.16	-0.17	0.07	-0.06	-0.14	-0.19	0.01	-0.02	-0.15	0.01	-0.14	-0.55	0.39
Accounts Payable	0.76	0.81	0.71	0.82	0.78	0.56	-0.45	-0.35		0.82	0.77	0.47	0.61	0.82	0.74	0.78	0.82	0.75	0.79	0.81	0.82	0.74	0.74	0.8	0.79	0.16
Cash	0.79	0.96	0.9	0.98	0.92	0.71	-0.54	0.01	0.82		0.91	0.56	0.74	0.94	0.88	0.94	0.95	0.92	0.92	0.97	0.98	0.88	0.85	0.95	0.58	0.22
Non Current Assets Total	0.77	0.99	0.76	0.96	1.0	0.62	-0.53	-0.13	0.77	0.91		0.53	0.69	0.99	0.99	0.88	0.9	0.96	1.0	0.94	0.95	1.0	0.76	0.98	0.61	0.15
Non Currrent Assets Other	0.81	0.6	0.76	0.65	0.49	0.93	0.3	0.08	0.47	0.56	0.53		0.9	0.49	0.43	0.77	0.74	0.53	0.49	0.7	0.65	0.5	0.78	0.57	0.61	0.7
Cash And Short Term Investments	0.9	0.76	0.91	0.81	0.66	0.98	0.11	0.16	0.61	0.74	0.69	0.9		0.66	0.61	0.91	0.85	0.64	0.66	0.85	0.81	0.67	0.94	0.71	0.66	0.74
Net Receivables	0.76	0.99	0.77	0.97	1.0	0.6	-0.61	-0.16	0.82	0.94	0.99	0.49	0.66		0.98	0.88	0.91	0.98	1.0	0.94	0.96	0.98	0.76	0.99	0.62	0.09
Good Will	0.7	0.96	0.68	0.92	0.99	0.53	-0.6	-0.17	0.74	0.88	0.99	0.43	0.61	0.98		0.82	0.85	0.96	0.99	0.89	0.92	1.0	0.69	0.97	0.57	0.04
Non Current Liabilities Total	0.88	0.94	0.96	0.97	0.87	0.88	-0.23	0.07	0.78	0.94	0.88	0.77	0.91	0.88	0.82		0.97	0.84	0.87	0.99	0.97	0.85	0.94	0.91	0.67	0.52
Inventory	0.92	0.96	0.92	0.98	0.9	0.83	-0.34	-0.06	0.82	0.95	0.9	0.74	0.85	0.91	0.85	0.97		0.9	0.9	0.98	0.98	0.87	0.91	0.95	0.67	0.4
Other Current Assets	0.75	0.96	0.74	0.94	0.97	0.61	-0.61	-0.14	0.75	0.92	0.96	0.53	0.64	0.98	0.96	0.84	0.9		0.97	0.91	0.94	0.95	0.72	0.97	0.56	0.02
Other Stockholder Equity	0.76	0.98	0.74	0.95	1.0	0.59	-0.58	-0.19	0.79	0.92	1.0	0.49	0.66	1.0	0.99	0.87	0.9	0.97		0.93	0.95	0.99	0.75	0.99	0.63	0.09
Total Liab	0.87	0.98	0.93	1.0	0.93	0.82	-0.37	0.01	0.81	0.97	0.94	0.7	0.85	0.94	0.89	0.99	0.98	0.91	0.93		1.0	0.91	0.91	0.96	0.66	0.39
Total Current Assets	0.85	0.99	0.91	1.0	0.95	0.77	-0.45	-0.02	0.82	0.98	0.95	0.65	0.81	0.96	0.92	0.97	0.98	0.94	0.95	1.0		0.93	0.88	0.98	0.64	0.3
Intangible Assets	0.74	0.97	0.71	0.93	0.99	0.59	-0.52	-0.15	0.74	0.88	1.0	0.5	0.67	0.98	1.0	0.85	0.87	0.95	0.99	0.91	0.93		0.73	0.97	0.6	0.13
Short Long Term Debt Total	0.93	0.83	0.93	0.88	0.74	0.92	-0.13	0.01	0.74	0.85	0.76	0.78	0.94	0.76	0.69	0.94	0.91	0.72	0.75	0.91	0.88	0.73		0.8	0.75	0.57
Current Deferred Revenue	0.82	0.99	0.8	0.98	0.99	0.66	-0.54	-0.14	0.8	0.95	0.98	0.57	0.71	0.99	0.97	0.91	0.95	0.97	0.99	0.96	0.98	0.97	0.8		0.62	0.16
Short Term Debt	0.75	0.64	0.57	0.64	0.6	0.6	-0.09	-0.55	0.79	0.58	0.61	0.61	0.66	0.62	0.57	0.67	0.67	0.56	0.63	0.66	0.64	0.6	0.75	0.62		0.29
Other Assets	0.49	0.23	0.59	0.3	0.1	0.73	0.65	0.39	0.16	0.22	0.15	0.7	0.74	0.09	0.04	0.52	0.4	0.02	0.09	0.39	0.3	0.13	0.57	0.16	0.29

Click cells to compare fundamentals

Block Account Relationship Matchups

Block fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	466.1M	482.2M	501.8M	578.9M	614.0M	453.8M
Total Assets	4.6B	9.9B	13.9B	31.4B	34.1B	35.8B
Other Current Liab	1.6B	6.9B	11.2B	7.4B	8.8B	9.2B
Total Current Liabilities	1.7B	4.1B	5.4B	8.4B	9.9B	10.4B
Total Stockholder Equity	1.7B	2.7B	3.3B	17.2B	18.7B	19.6B
Property Plant And Equipment Net	262.3M	690.4M	731.5M	702.5M	540.8M	345.2M
Net Debt	27.8M	335.4M	1.1B	400.2M	(2.1B)	(2.0B)
Retained Earnings	(510.3M)	(297.2M)	(28.0M)	(568.7M)	(528.4M)	(554.9M)
Accounts Payable	42.1M	47.1M	82.2M	95.8M	142.6M	149.7M
Cash	1.0B	3.2B	4.4B	4.5B	8.2B	8.6B
Non Current Assets Total	1.3B	2.1B	3.4B	15.7B	15.2B	16.0B
Non Currrent Assets Other	196.4M	499.3M	370.5M	484.2M	194.3M	207.1M
Cash And Short Term Investments	2.2B	5.9B	8.1B	8.8B	6.2B	3.5B
Net Receivables	622.6M	1.1B	1.3B	4.8B	5.8B	6.1B
Good Will	266.3M	316.7M	519.3M	12.0B	11.9B	12.5B
Liabilities And Stockholders Equity	4.6B	9.9B	13.9B	31.4B	34.1B	35.8B
Non Current Liabilities Total	1.1B	3.1B	5.2B	5.7B	5.5B	5.7B
Inventory	47.7M	61.1M	77.1M	97.7M	110.1M	115.6M
Other Current Assets	1.0B	2.8B	200.3M	5.4B	6.7B	7.0B
Other Stockholder Equity	2.2B	3.0B	3.3B	18.3B	19.6B	20.6B
Total Liab	2.8B	7.2B	10.6B	14.1B	15.4B	16.1B
Total Current Assets	3.2B	7.8B	10.5B	15.6B	18.9B	19.8B
Accumulated Other Comprehensive Income	1.6M	23.3M	(16.4M)	(523.1M)	(378.3M)	(359.4M)
Intangible Assets	69.1M	137.6M	257.0M	2.0B	1.8B	1.8B
Short Long Term Debt Total	1.1B	3.5B	5.5B	4.9B	6.1B	3.3B
Current Deferred Revenue	38.1M	44.9M	48.5M	141.9M	167.0M	175.4M
Short Term Debt	27.3M	516.8M	562.0M	988.5M	806.8M	579.0M
Other Assets	86.4M	90.5M	288.6M	173.1M	1.0	0.95
Short Term Investments	1.2B	2.7B	3.7B	4.3B	851.9M	809.3M
Capital Surpluse	2.2B	3.0B	3.3B	18.3B	21.1B	22.1B
Property Plant Equipment	262.3M	690.4M	731.5M	702.5M	807.8M	449.1M
Long Term Debt	938.8M	2.6B	4.6B	4.1B	5.0B	2.9B
Long Term Debt Total	938.8M	2.6B	4.6B	4.1B	4.7B	2.5B
Cash And Equivalents	1.0B	3.2B	4.4B	4.5B	5.2B	2.7B
Other Liab	94.5M	85.3M	222.8M	334.2M	384.3M	215.4M
Net Tangible Assets	1.4B	2.2B	2.5B	3.2B	3.7B	2.2B
Capital Lease Obligations	136.1M	442.4M	459.0M	424.3M	343.5M	358.3M
Net Invested Capital	2.7B	5.7B	8.3B	22.3B	24.4B	25.6B
Long Term Investments	647.3M	922.7M	1.8B	884.6M	796.3M	1.0B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Block Stock Analysis

When running Block's price analysis, check to measure Block's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC