Boom Logistics Stock Piotroski F Score

BOL Stock   1.39  0.01  0.72%   
This module uses fundamental data of Boom Logistics to approximate its Piotroski F score. Boom Logistics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Boom Logistics. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Boom Logistics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boom Logistics. 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.
  
At this time, Boom Logistics' Short Term Debt is comparatively stable compared to the past year. Long Term Debt Total is likely to gain to about 20.8 M in 2024, whereas Long Term Debt is likely to drop slightly above 10.7 M in 2024.
At this time, it appears that Boom Logistics' Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Boom Logistics Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Boom Logistics is to make sure Boom is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Boom Logistics' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Boom Logistics' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt72.6 M75.4 M
Sufficiently Down
Pretty Stable
Total Current Liabilities54.9 M68.2 M
Significantly Down
Slightly volatile
Non Current Liabilities Total56.2 M63.4 M
Fairly Down
Slightly volatile
Total Assets252.9 M242.6 M
Sufficiently Up
Slightly volatile
Total Current Assets52.3 M65.8 M
Significantly Down
Pretty Stable
Total Cash From Operating Activities24.7 M36.3 M
Way Down
Pretty Stable

Boom Logistics F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Boom Logistics' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Boom Logistics in a much-optimized way.

About Boom Logistics Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Long Term Debt

10.67 Million

At this time, Boom Logistics' Long Term Debt is comparatively stable compared to the past year.

About Boom Logistics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Boom Logistics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boom Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boom Logistics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Boom Stock Analysis

When running Boom Logistics' price analysis, check to measure Boom Logistics' 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 Boom Logistics is operating at the current time. Most of Boom Logistics' value examination focuses on studying past and present price action to predict the probability of Boom Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boom Logistics' price. Additionally, you may evaluate how the addition of Boom Logistics to your portfolios can decrease your overall portfolio volatility.