Bus Long Term Investments vs Good Will Analysis

002188 Stock

5.06 0.06 1.20%

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 Long Term Investments and its Good Will 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.

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bus Online Long Term Investments account and Good Will. At this time, the significance of the direction appears to have strong relationship.

The correlation between Bus Online's Long Term Investments and Good Will is 0.78. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will 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 Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Bus Online Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Bus Online's Long Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Investments

Long Term Investments is an item on the asset side of Bus Online balance sheet that represents investments Bus Online intends to hold for over a year. Bus Online Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 December 1, 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 Interest	1.2M	1.8M	190.7K	181.1K
Income Tax Expense	10.5M	15.6M	17.9M	18.8M

Minority Interest Income Tax Expense

Bus Online fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.23	0.61	0.95	-0.18	0.45	0.64	0.34	0.34	-0.12	0.71	0.47	0.03	0.1	0.86	0.26	0.56	0.48	0.25	0.43	-0.15	0.69	-0.16	0.54	0.42	-0.42
Other Current Liab	0.23		0.48	0.24	-0.16	-0.18	-0.03	0.47	0.28	-0.06	0.02	-0.28	-0.16	-0.02	0.23	0.41	-0.18	0.32	0.45	-0.04	0.48	0.09	0.07	-0.12	-0.21	-0.06
Total Current Liabilities	0.61	0.48		0.44	0.15	-0.17	0.72	0.43	0.52	-0.11	0.71	0.03	-0.26	0.51	0.49	0.51	0.13	0.37	0.61	-0.05	0.11	0.45	0.37	0.28	-0.2	-0.19
Total Stockholder Equity	0.95	0.24	0.44		-0.45	0.61	0.49	0.34	0.34	-0.08	0.57	0.46	0.09	-0.22	0.81	0.13	0.56	0.41	0.08	0.65	-0.25	0.65	-0.28	0.58	0.56	-0.53
Other Liab	-0.18	-0.16	0.15	-0.45		-0.54	0.19	-0.26	-0.36	-0.08	0.13	0.02	-0.1	0.92	-0.06	0.32	-0.08	0.04	0.34	-0.81	0.5	-0.12	0.23	-0.29	-0.42	0.5
Retained Earnings	0.45	-0.18	-0.17	0.61	-0.54		0.24	-0.15	-0.23	0.32	0.25	0.77	0.31	-0.52	0.43	-0.63	0.76	-0.12	-0.73	0.89	-0.43	0.27	-0.81	0.82	0.99	-0.83
Accounts Payable	0.64	-0.03	0.72	0.49	0.19	0.24		-0.01	0.07	0.01	0.94	0.58	-0.06	0.46	0.51	0.12	0.66	0.12	0.13	0.24	0.01	0.53	-0.08	0.68	0.24	-0.52
Cash	0.34	0.47	0.43	0.34	-0.26	-0.15	-0.01		0.67	-0.38	0.0	-0.25	-0.1	-0.02	0.08	0.5	-0.2	0.3	0.47	0.06	-0.07	0.02	0.36	-0.03	-0.22	0.07
Other Assets	0.34	0.28	0.52	0.34	-0.36	-0.23	0.07	0.67		-0.37	0.16	-0.43	-0.21	-0.07	0.05	0.45	-0.35	0.25	0.52	0.06	-0.36	0.34	0.62	-0.1	-0.33	0.11
Long Term Debt	-0.12	-0.06	-0.11	-0.08	-0.08	0.32	0.01	-0.38	-0.37		-0.11	0.08	-0.07	-0.1	0.25	-0.69	0.12	-0.34	-0.42	0.23	-0.01	-0.06	-0.43	0.23	0.34	-0.26
Net Receivables	0.71	0.02	0.71	0.57	0.13	0.25	0.94	0.0	0.16	-0.11		0.52	-0.06	0.39	0.57	0.22	0.58	0.28	0.2	0.27	0.04	0.69	-0.01	0.66	0.23	-0.49
Inventory	0.47	-0.28	0.03	0.46	0.02	0.77	0.58	-0.25	-0.43	0.08	0.52		0.25	0.03	0.4	-0.37	0.95	-0.06	-0.54	0.52	-0.16	0.23	-0.73	0.81	0.81	-0.71
Other Current Assets	0.03	-0.16	-0.26	0.09	-0.1	0.31	-0.06	-0.1	-0.21	-0.07	-0.06	0.25		-0.19	-0.09	-0.19	0.16	-0.33	-0.32	0.23	-0.08	0.06	-0.29	0.24	0.32	-0.23
Total Liab	0.1	-0.02	0.51	-0.22	0.92	-0.52	0.46	-0.02	-0.07	-0.1	0.39	0.03	-0.19		0.12	0.44	-0.03	0.17	0.51	-0.71	0.4	0.07	0.36	-0.13	-0.44	0.36
Intangible Assets	0.86	0.23	0.49	0.81	-0.06	0.43	0.51	0.08	0.05	0.25	0.57	0.4	-0.09	0.12		0.12	0.47	0.54	0.2	0.33	0.01	0.54	-0.28	0.42	0.44	-0.33
Common Stock	0.26	0.41	0.51	0.13	0.32	-0.63	0.12	0.5	0.45	-0.69	0.22	-0.37	-0.19	0.44	0.12		-0.31	0.52	0.92	-0.51	0.43	0.21	0.7	-0.43	-0.64	0.5
Property Plant Equipment	0.56	-0.18	0.13	0.56	-0.08	0.76	0.66	-0.2	-0.35	0.12	0.58	0.95	0.16	-0.03	0.47	-0.31		-0.11	-0.45	0.59	-0.1	0.35	-0.68	0.82	0.79	-0.74
Short Term Investments	0.48	0.32	0.37	0.41	0.04	-0.12	0.12	0.3	0.25	-0.34	0.28	-0.06	-0.33	0.17	0.54	0.52	-0.11		0.5	-0.09	0.02	0.03	0.15	-0.09	-0.13	0.1
Good Will	0.25	0.45	0.61	0.08	0.34	-0.73	0.13	0.47	0.52	-0.42	0.2	-0.54	-0.32	0.51	0.2	0.92	-0.45	0.5		-0.58	0.41	0.22	0.78	-0.5	-0.74	0.57
Net Tangible Assets	0.43	-0.04	-0.05	0.65	-0.81	0.89	0.24	0.06	0.06	0.23	0.27	0.52	0.23	-0.71	0.33	-0.51	0.59	-0.09	-0.58		-0.48	0.31	-0.59	0.77	0.82	-0.85
Other Stockholder Equity	-0.15	0.48	0.11	-0.25	0.5	-0.43	0.01	-0.07	-0.36	-0.01	0.04	-0.16	-0.08	0.4	0.01	0.43	-0.1	0.02	0.41	-0.48		0.04	0.08	-0.32	-0.37	0.31
Deferred Long Term Liab	0.69	0.09	0.45	0.65	-0.12	0.27	0.53	0.02	0.34	-0.06	0.69	0.23	0.06	0.07	0.54	0.21	0.35	0.03	0.22	0.31	0.04		0.08	0.39	0.24	-0.24
Long Term Investments	-0.16	0.07	0.37	-0.28	0.23	-0.81	-0.08	0.36	0.62	-0.43	-0.01	-0.73	-0.29	0.36	-0.28	0.7	-0.68	0.15	0.78	-0.59	0.08	0.08		-0.58	-0.85	0.65
Total Current Assets	0.54	-0.12	0.28	0.58	-0.29	0.82	0.68	-0.03	-0.1	0.23	0.66	0.81	0.24	-0.13	0.42	-0.43	0.82	-0.09	-0.5	0.77	-0.32	0.39	-0.58		0.8	-0.92
Non Current Assets Total	0.42	-0.21	-0.2	0.56	-0.42	0.99	0.24	-0.22	-0.33	0.34	0.23	0.81	0.32	-0.44	0.44	-0.64	0.79	-0.13	-0.74	0.82	-0.37	0.24	-0.85	0.8		-0.79
Non Currrent Assets Other	-0.42	-0.06	-0.19	-0.53	0.5	-0.83	-0.52	0.07	0.11	-0.26	-0.49	-0.71	-0.23	0.36	-0.33	0.5	-0.74	0.1	0.57	-0.85	0.31	-0.24	0.65	-0.92	-0.79

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Bus Online Account Relationship Matchups

Bus Online fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	109.6M	58.6M	290.4M	251.2M	322.2M	583.6M
Other Current Liab	541.0K	125.7M	146.3M	102.1M	4.3M	4.1M
Total Current Liabilities	3.5M	152.0M	180.1M	137.0M	180.5M	149.8M
Total Stockholder Equity	12.5M	(113.2M)	51.6M	113.1M	132.0M	257.1M
Other Liab	93.6M	105.3M	56.4M	11.4K	13.1K	12.5K
Retained Earnings	(2.0B)	(2.1B)	(2.0B)	(1.9B)	(1.9B)	(1.8B)
Accounts Payable	649.3K	1.7M	6.8M	10.8M	23.0M	42.8M
Cash	53.5M	16.1M	248.0M	169.3M	201.8M	107.1M
Other Assets	1.7M	7.7M	13.0M	20.6M	23.7M	24.9M
Net Receivables	3.2M	15.6M	20.9M	46.7M	72.7M	91.9M
Inventory	3.1M	993.4K	294.0K	229.4K	1.5M	1.5M
Other Current Assets	6.4M	1.3M	1.3M	3.3M	345.2K	328.0K
Total Liab	97.1M	171.8M	237.8M	138.9M	189.8M	222.8M
Intangible Assets	4.9M	4.1M	469.4K	480.8K	519.1K	493.1K
Property Plant Equipment	36.9M	24.7M	6.5M	6.4M	5.7M	5.5M
Net Tangible Assets	7.6M	(102.2M)	51.1M	112.6M	101.4M	106.4M
Deferred Long Term Liab	1.7M	1.7M	1.1M	1.4M	1.2M	1.9M
Total Current Assets	66.2M	123.0M	270.4M	223.8M	283.1M	242.6M
Non Current Assets Total	43.4M	32.7M	19.9M	27.5M	39.1M	37.2M
Non Currrent Assets Other	2.7M	51.2M	43.4M	23.4M	26.9M	27.2M
Non Current Liabilities Total	93.6M	105.3M	57.6M	1.9M	9.4M	8.9M
Net Invested Capital	12.5M	(113.2M)	51.6M	113.1M	132.0M	138.6M
Non Current Liabilities Other	93.4M	105.2M	56.3M	11.4K	8.3M	7.9M
Net Working Capital	62.7M	(40.7M)	90.3M	86.8M	102.6M	66.3M

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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.

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Bus Long Term Investments vs Good Will Analysis

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Investments

Good Will

Bus Online fundamental ratios Correlations

Bus Online Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bus Online fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 0.99	Retained Earnings
Total Stockholder Equity	+ 0.95	Total Assets
Property Plant Equipment	+ 0.95	Inventory
Net Receivables	+ 0.94	Accounts Payable
Total Liab	+ 0.92	Other Liab
Good Will	+ 0.92	Common Stock

Non Currrent Assets Other	- 0.92	Total Current Assets
Non Current Assets Total	- 0.85	Long Term Investments
Non Currrent Assets Other	- 0.85	Net Tangible Assets
Non Currrent Assets Other	- 0.83	Retained Earnings
Long Term Investments	- 0.81	Retained Earnings
Net Tangible Assets	- 0.81	Other Liab