Bus Depreciation vs Net Borrowings Analysis

002188 Stock   5.00  0.08  1.63%   
Bus Online financial indicator trend analysis is way more than just evaluating Bus Online prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bus Online is a good investment. Please check the relationship between Bus Online Depreciation and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bus Online Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Depreciation vs Net Borrowings

Depreciation vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bus Online Depreciation account and Net Borrowings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bus Online's Depreciation and Net Borrowings is 0.79. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Bus Online Co, assuming nothing else is changed. The correlation between historical values of Bus Online's Depreciation and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Bus Online Co are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Depreciation i.e., Bus Online's Depreciation and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of Bus Online value has been used up. For tax purposes Bus Online can deduct the cost of the tangible assets it purchases as business expenses. However, Bus Online Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Bus Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bus Online 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 Bus Online Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 29, 2024, Selling General Administrative is expected to decline to about 14.8 M. In addition to that, Tax Provision is expected to decline to about 9.3 M
 2021 2022 2023 2024 (projected)
Minority Interest1.2M1.8M190.7K181.1K
Income Tax Expense10.5M15.6M17.9M18.8M

Bus Online fundamental ratios Correlations

0.230.610.95-0.180.450.640.340.34-0.120.710.470.030.10.860.260.560.480.250.43-0.150.69-0.160.540.42-0.42
0.230.480.24-0.16-0.18-0.030.470.28-0.060.02-0.28-0.16-0.020.230.41-0.180.320.45-0.040.480.090.07-0.12-0.21-0.06
0.610.480.440.15-0.170.720.430.52-0.110.710.03-0.260.510.490.510.130.370.61-0.050.110.450.370.28-0.2-0.19
0.950.240.44-0.450.610.490.340.34-0.080.570.460.09-0.220.810.130.560.410.080.65-0.250.65-0.280.580.56-0.53
-0.18-0.160.15-0.45-0.540.19-0.26-0.36-0.080.130.02-0.10.92-0.060.32-0.080.040.34-0.810.5-0.120.23-0.29-0.420.5
0.45-0.18-0.170.61-0.540.24-0.15-0.230.320.250.770.31-0.520.43-0.630.76-0.12-0.730.89-0.430.27-0.810.820.99-0.83
0.64-0.030.720.490.190.24-0.010.070.010.940.58-0.060.460.510.120.660.120.130.240.010.53-0.080.680.24-0.52
0.340.470.430.34-0.26-0.15-0.010.67-0.380.0-0.25-0.1-0.020.080.5-0.20.30.470.06-0.070.020.36-0.03-0.220.07
0.340.280.520.34-0.36-0.230.070.67-0.370.16-0.43-0.21-0.070.050.45-0.350.250.520.06-0.360.340.62-0.1-0.330.11
-0.12-0.06-0.11-0.08-0.080.320.01-0.38-0.37-0.110.08-0.07-0.10.25-0.690.12-0.34-0.420.23-0.01-0.06-0.430.230.34-0.26
0.710.020.710.570.130.250.940.00.16-0.110.52-0.060.390.570.220.580.280.20.270.040.69-0.010.660.23-0.49
0.47-0.280.030.460.020.770.58-0.25-0.430.080.520.250.030.4-0.370.95-0.06-0.540.52-0.160.23-0.730.810.81-0.71
0.03-0.16-0.260.09-0.10.31-0.06-0.1-0.21-0.07-0.060.25-0.19-0.09-0.190.16-0.33-0.320.23-0.080.06-0.290.240.32-0.23
0.1-0.020.51-0.220.92-0.520.46-0.02-0.07-0.10.390.03-0.190.120.44-0.030.170.51-0.710.40.070.36-0.13-0.440.36
0.860.230.490.81-0.060.430.510.080.050.250.570.4-0.090.120.120.470.540.20.330.010.54-0.280.420.44-0.33
0.260.410.510.130.32-0.630.120.50.45-0.690.22-0.37-0.190.440.12-0.310.520.92-0.510.430.210.7-0.43-0.640.5
0.56-0.180.130.56-0.080.760.66-0.2-0.350.120.580.950.16-0.030.47-0.31-0.11-0.450.59-0.10.35-0.680.820.79-0.74
0.480.320.370.410.04-0.120.120.30.25-0.340.28-0.06-0.330.170.540.52-0.110.5-0.090.020.030.15-0.09-0.130.1
0.250.450.610.080.34-0.730.130.470.52-0.420.2-0.54-0.320.510.20.92-0.450.5-0.580.410.220.78-0.5-0.740.57
0.43-0.04-0.050.65-0.810.890.240.060.060.230.270.520.23-0.710.33-0.510.59-0.09-0.58-0.480.31-0.590.770.82-0.85
-0.150.480.11-0.250.5-0.430.01-0.07-0.36-0.010.04-0.16-0.080.40.010.43-0.10.020.41-0.480.040.08-0.32-0.370.31
0.690.090.450.65-0.120.270.530.020.34-0.060.690.230.060.070.540.210.350.030.220.310.040.080.390.24-0.24
-0.160.070.37-0.280.23-0.81-0.080.360.62-0.43-0.01-0.73-0.290.36-0.280.7-0.680.150.78-0.590.080.08-0.58-0.850.65
0.54-0.120.280.58-0.290.820.68-0.03-0.10.230.660.810.24-0.130.42-0.430.82-0.09-0.50.77-0.320.39-0.580.8-0.92
0.42-0.21-0.20.56-0.420.990.24-0.22-0.330.340.230.810.32-0.440.44-0.640.79-0.13-0.740.82-0.370.24-0.850.8-0.79
-0.42-0.06-0.19-0.530.5-0.83-0.520.070.11-0.26-0.49-0.71-0.230.36-0.330.5-0.740.10.57-0.850.31-0.240.65-0.92-0.79
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Bus Online Account Relationship Matchups

Bus Online fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets109.6M58.6M290.4M251.2M322.2M583.6M
Other Current Liab541.0K125.7M146.3M102.1M4.3M4.1M
Total Current Liabilities3.5M152.0M180.1M137.0M180.5M149.8M
Total Stockholder Equity12.5M(113.2M)51.6M113.1M132.0M257.1M
Other Liab93.6M105.3M56.4M11.4K13.1K12.5K
Retained Earnings(2.0B)(2.1B)(2.0B)(1.9B)(1.9B)(1.8B)
Accounts Payable649.3K1.7M6.8M10.8M23.0M42.8M
Cash53.5M16.1M248.0M169.3M201.8M107.1M
Other Assets1.7M7.7M13.0M20.6M23.7M24.9M
Net Receivables3.2M15.6M20.9M46.7M72.7M91.9M
Inventory3.1M993.4K294.0K229.4K1.5M1.5M
Other Current Assets6.4M1.3M1.3M3.3M345.2K328.0K
Total Liab97.1M171.8M237.8M138.9M189.8M222.8M
Intangible Assets4.9M4.1M469.4K480.8K519.1K493.1K
Property Plant Equipment36.9M24.7M6.5M6.4M5.7M5.5M
Net Tangible Assets7.6M(102.2M)51.1M112.6M101.4M106.4M
Deferred Long Term Liab1.7M1.7M1.1M1.4M1.2M1.9M
Total Current Assets66.2M123.0M270.4M223.8M283.1M242.6M
Non Current Assets Total43.4M32.7M19.9M27.5M39.1M37.2M
Non Currrent Assets Other2.7M51.2M43.4M23.4M26.9M27.2M
Non Current Liabilities Total93.6M105.3M57.6M1.9M9.4M8.9M
Net Invested Capital12.5M(113.2M)51.6M113.1M132.0M138.6M
Non Current Liabilities Other93.4M105.2M56.3M11.4K8.3M7.9M
Net Working Capital62.7M(40.7M)90.3M86.8M102.6M66.3M

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Other Information on Investing in Bus Stock

Balance Sheet is a snapshot of the financial position of Bus Online at a specified time, usually calculated after every quarter, six months, or one year. Bus Online Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bus Online and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bus currently owns. An asset can also be divided into two categories, current and non-current.