BlueFocus Other Assets vs Accounts Payable Analysis

300058 Stock   10.96  0.56  5.38%   
BlueFocus Communication financial indicator trend analysis is way more than just evaluating BlueFocus Communication prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlueFocus Communication is a good investment. Please check the relationship between BlueFocus Communication Other Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlueFocus Communication Group. 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.

Other Assets vs Accounts Payable

Other Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlueFocus Communication Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BlueFocus Communication's Other Assets and Accounts Payable is -0.21. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of BlueFocus Communication Group, assuming nothing else is changed. The correlation between historical values of BlueFocus Communication's Other Assets and Accounts Payable 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 Assets of BlueFocus Communication Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Assets i.e., BlueFocus Communication's Other Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Accounts Payable

An accounting item on the balance sheet that represents BlueFocus Communication obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BlueFocus Communication are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from BlueFocus Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlueFocus Communication 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 BlueFocus Communication Group. 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.
The current year's Selling General Administrative is expected to grow to about 237.1 M, whereas Tax Provision is projected to grow to (109 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.5B1.7B1.7B1.6B
Total Revenue40.1B36.7B52.6B55.2B

BlueFocus Communication fundamental ratios Correlations

0.350.860.930.620.150.80.710.610.860.20.590.840.89-0.270.450.820.890.810.980.690.520.760.890.51-0.29
0.350.230.14-0.110.610.120.010.040.6-0.25-0.040.130.210.320.230.010.390.10.320.690.20.560.430.66-0.31
0.860.230.790.81-0.110.640.950.810.660.020.80.990.8-0.260.370.690.980.980.850.570.310.570.780.22-0.32
0.930.140.790.61-0.010.910.70.540.770.390.550.810.91-0.340.350.930.760.780.930.460.370.670.790.39-0.19
0.62-0.110.810.61-0.250.490.860.580.41-0.180.560.850.63-0.510.250.570.730.80.60.230.160.420.470.04-0.17
0.150.61-0.11-0.01-0.250.12-0.36-0.480.52-0.28-0.53-0.16-0.080.20.57-0.190.06-0.270.140.650.360.570.390.77-0.22
0.80.120.640.910.490.120.530.330.750.350.340.670.73-0.430.350.740.620.610.810.410.410.710.730.52-0.29
0.710.010.950.70.86-0.360.530.80.410.020.820.970.74-0.290.250.670.860.970.710.30.060.350.57-0.07-0.21
0.610.040.810.540.58-0.480.330.80.330.220.990.750.61-0.10.030.550.770.860.580.350.310.20.5-0.09-0.14
0.860.60.660.770.410.520.750.410.330.070.260.610.66-0.150.480.60.770.540.830.840.640.950.870.83-0.28
0.2-0.250.020.39-0.18-0.280.350.020.220.070.260.040.29-0.060.020.49-0.020.120.23-0.10.120.040.08-0.170.45
0.59-0.040.80.550.56-0.530.340.820.990.260.260.760.61-0.080.050.560.740.880.570.290.220.120.48-0.18-0.15
0.840.130.990.810.85-0.160.670.970.750.610.040.760.81-0.320.360.730.940.980.830.470.230.540.730.15-0.28
0.890.210.80.910.63-0.080.730.740.610.660.290.610.81-0.220.310.90.770.80.880.450.240.540.730.26-0.12
-0.270.32-0.26-0.34-0.510.2-0.43-0.29-0.1-0.15-0.06-0.08-0.32-0.220.04-0.29-0.19-0.24-0.220.12-0.26-0.22-0.11-0.11-0.02
0.450.230.370.350.250.570.350.250.030.480.020.050.360.310.040.230.440.310.440.630.180.470.650.35-0.14
0.820.010.690.930.57-0.190.740.670.550.60.490.560.730.9-0.290.230.650.720.780.270.190.480.620.180.09
0.890.390.980.760.730.060.620.860.770.77-0.020.740.940.77-0.190.440.650.930.860.730.430.690.840.38-0.32
0.810.10.980.780.8-0.270.610.970.860.540.120.880.980.8-0.240.310.720.930.80.460.240.450.70.07-0.25
0.980.320.850.930.60.140.810.710.580.830.230.570.830.88-0.220.440.780.860.80.660.480.730.870.46-0.37
0.690.690.570.460.230.650.410.30.350.84-0.10.290.470.450.120.630.270.730.460.660.660.770.850.74-0.37
0.520.20.310.370.160.360.410.060.310.640.120.220.230.24-0.260.180.190.430.240.480.660.620.540.64-0.22
0.760.560.570.670.420.570.710.350.20.950.040.120.540.54-0.220.470.480.690.450.730.770.620.730.79-0.17
0.890.430.780.790.470.390.730.570.50.870.080.480.730.73-0.110.650.620.840.70.870.850.540.730.65-0.46
0.510.660.220.390.040.770.52-0.07-0.090.83-0.17-0.180.150.26-0.110.350.180.380.070.460.740.640.790.65-0.4
-0.29-0.31-0.32-0.19-0.17-0.22-0.29-0.21-0.14-0.280.45-0.15-0.28-0.12-0.02-0.140.09-0.32-0.25-0.37-0.37-0.22-0.17-0.46-0.4
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BlueFocus Communication Account Relationship Matchups

BlueFocus Communication fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.1B21.5B17.9B18.2B21.7B11.5B
Other Current Liab504.7M30.9M7.8M459.1M388.1M471.1M
Total Current Liabilities9.0B11.5B8.2B9.8B13.0B13.7B
Total Stockholder Equity8.7B9.0B9.4B7.4B7.6B4.7B
Property Plant And Equipment Net332.0M402.0M110.6M161.4M333.4M350.1M
Net Debt676.9M14.7M(1.1B)(1.4B)(1.7B)(1.6B)
Retained Earnings2.4B3.1B3.6B1.3B1.4B1.3B
Accounts Payable6.1B8.1B5.6B6.9B10.7B11.2B
Cash1.6B2.4B2.8B3.8B4.1B4.3B
Non Current Assets Total9.2B8.4B6.4B5.2B5.4B4.9B
Non Currrent Assets Other147.6M471.2M1.3B1.2B33.8M32.2M
Cash And Short Term Investments1.6B2.8B4.1B5.1B5.4B5.7B
Net Receivables7.9B10.1B7.4B7.7B10.8B11.3B
Common Stock Shares Outstanding2.3B2.4B2.5B2.5B2.9B1.9B
Liabilities And Stockholders Equity19.1B21.5B17.9B18.2B21.7B11.5B
Other Current Assets95.2M274.6M94.8M173.4M135.6M102.9M
Other Stockholder Equity3.4B3.2B3.2B3.3B3.3B1.9B
Total Liab10.2B12.5B8.5B10.8B14.1B14.8B
Total Current Assets9.8B13.2B11.5B13.0B16.3B17.1B
Short Long Term Debt Total2.3B2.4B1.7B2.5B2.4B2.5B
Current Deferred Revenue804.7M1.5B982.3M692.5M426.9M405.5M
Good Will4.9B4.8B3.0B1.8B2.0B2.8B
Short Term Debt1.6B1.8B1.7B1.7B1.5B1.3B
Intangible Assets1.4B1.3B666.6M18.8M8.0M7.6M
Property Plant Equipment332.0M402.0M110.6M161.4M185.6M155.1M
Long Term Debt1.9B592.8M358.5M735.7M750.9M1.1B
Non Current Liabilities Total1.2B1.0B299.3M953.8M1.1B1.3B
Other Liab547.3M421.1M269.2M193.3M174.0M165.3M
Short Term Investments708.7K343.8M1.3B1.2B1.3B1.3B
Net Tangible Assets2.4B2.9B5.7B5.6B6.5B6.8B
Deferred Long Term Liab59.4M43.4M25.5M10.0M9.0M8.5M
Short Long Term Debt1.4B1.7B1.6B1.7B1.4B1.5B
Non Current Liabilities Other20.6M19.8M635.1M34.9M40.1M38.1M
Net Invested Capital10.6B11.0B11.0B9.8B9.8B11.2B
Net Working Capital841.4M1.6B3.3B3.2B3.3B2.0B

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Other Information on Investing in BlueFocus Stock

Balance Sheet is a snapshot of the financial position of BlueFocus Communication at a specified time, usually calculated after every quarter, six months, or one year. BlueFocus Communication Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BlueFocus Communication 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 BlueFocus currently owns. An asset can also be divided into two categories, current and non-current.