Bel Total Current Liabilities vs Non Currrent Assets Other Analysis

BELFA Stock  USD 96.66  0.76  0.79%   
Bel Fuse financial indicator trend analysis is way more than just evaluating Bel Fuse A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bel Fuse A is a good investment. Please check the relationship between Bel Fuse Total Current Liabilities and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bel Fuse A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Total Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bel Fuse A Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bel Fuse's Total Current Liabilities and Non Currrent Assets Other is 0.89. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Bel Fuse A, assuming nothing else is changed. The correlation between historical values of Bel Fuse's Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Bel Fuse A are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Bel Fuse's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Bel Fuse balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bel Fuse A are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Bel Fuse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bel Fuse A 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 Bel Fuse A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The current year's Selling General Administrative is expected to grow to about 104 M. The current year's Tax Provision is expected to grow to about 12 M
 2021 2022 2023 2024 (projected)
Gross Profit134.4M183.5M215.8M226.6M
Total Revenue543.5M654.2M639.8M671.8M

Bel Fuse fundamental ratios Correlations

0.760.790.970.720.870.60.750.590.910.950.660.910.620.80.890.540.650.880.660.930.550.730.760.620.31
0.760.30.750.120.80.950.170.40.90.840.170.640.440.990.580.320.470.960.210.540.660.950.80.19-0.18
0.790.30.80.860.590.160.870.430.570.640.680.80.450.350.810.420.540.50.70.860.340.340.490.660.5
0.970.750.80.640.840.640.670.490.850.890.510.960.650.790.940.450.690.890.540.920.520.740.850.590.2
0.720.120.860.640.51-0.10.990.560.470.560.90.660.430.160.670.530.450.310.820.830.210.110.240.710.69
0.870.80.590.840.510.640.550.720.840.840.450.810.690.80.740.50.650.850.380.770.590.810.850.47-0.03
0.60.950.160.64-0.10.64-0.060.120.790.69-0.10.530.30.940.470.160.350.890.060.360.60.90.760.06-0.29
0.750.170.870.670.990.55-0.060.590.520.580.90.670.420.20.680.550.420.350.820.830.260.170.280.690.66
0.590.40.430.490.560.720.120.590.520.570.670.460.540.380.410.440.480.430.330.570.40.480.410.430.07
0.910.90.570.850.470.840.790.520.520.890.450.730.390.890.650.420.410.920.470.690.740.860.720.340.09
0.950.840.640.890.560.840.690.580.570.890.60.850.640.880.820.460.670.920.620.860.530.810.750.570.25
0.660.170.680.510.90.45-0.10.90.670.450.60.490.390.20.530.550.430.30.860.740.20.140.090.70.75
0.910.640.80.960.660.810.530.670.460.730.850.490.750.70.970.390.760.810.510.940.370.640.850.620.2
0.620.440.450.650.430.690.30.420.540.390.640.390.750.490.760.380.810.560.270.730.220.440.640.540.01
0.80.990.350.790.160.80.940.20.380.890.880.20.70.490.650.330.520.980.260.60.610.950.830.26-0.13
0.890.580.810.940.670.740.470.680.410.650.820.530.970.760.650.440.80.760.570.960.250.560.780.710.31
0.540.320.420.450.530.50.160.550.440.420.460.550.390.380.330.440.30.380.530.570.050.260.260.430.34
0.650.470.540.690.450.650.350.420.480.410.670.430.760.810.520.80.30.590.420.760.190.470.670.780.24
0.880.960.50.890.310.850.890.350.430.920.920.30.810.560.980.760.380.590.360.720.610.930.870.37-0.04
0.660.210.70.540.820.380.060.820.330.470.620.860.510.270.260.570.530.420.360.720.190.150.110.780.89
0.930.540.860.920.830.770.360.830.570.690.860.740.940.730.60.960.570.760.720.720.30.520.670.770.46
0.550.660.340.520.210.590.60.260.40.740.530.20.370.220.610.250.050.190.610.190.30.680.420.03-0.13
0.730.950.340.740.110.810.90.170.480.860.810.140.640.440.950.560.260.470.930.150.520.680.840.2-0.26
0.760.80.490.850.240.850.760.280.410.720.750.090.850.640.830.780.260.670.870.110.670.420.840.34-0.25
0.620.190.660.590.710.470.060.690.430.340.570.70.620.540.260.710.430.780.370.780.770.030.20.340.71
0.31-0.180.50.20.69-0.03-0.290.660.070.090.250.750.20.01-0.130.310.340.24-0.040.890.46-0.13-0.26-0.250.71
Click cells to compare fundamentals

Bel Fuse Account Relationship Matchups

Bel Fuse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets470.7M453.9M511.8M560.5M571.6M600.2M
Short Long Term Debt Total162.8M130.2M134.0M116.6M82.6M78.5M
Other Current Liab33.2M35.7M36.6M56.6M60.3M63.3M
Total Current Liabilities90.5M87.5M112.0M136.3M110.6M116.1M
Total Stockholder Equity168.1M185.8M208.7M262.3M340.6M357.6M
Property Plant And Equipment Net60.4M48.7M59.5M58.4M57.0M39.7M
Net Debt89.7M45.3M72.3M46.3M(6.8M)(7.1M)
Retained Earnings157.1M166.5M187.9M237.2M307.5M322.9M
Cash73.2M84.9M61.8M70.3M89.4M55.2M
Non Current Assets Total187.2M173.7M182.8M179.1M190.2M199.7M
Non Currrent Assets Other32.4M35.2M35.7M28.6M35.3M37.0M
Cash And Short Term Investments73.2M84.9M61.8M70.3M126.9M133.3M
Net Receivables75.5M85.5M115.4M125.5M96.9M101.8M
Common Stock Shares Outstanding14.0M14.0M14.1M14.3M12.8M12.3M
Liabilities And Stockholders Equity470.7M453.9M511.8M560.5M571.6M600.2M
Non Current Liabilities Total212.2M180.5M191.1M161.8M120.5M126.5M
Inventory107.3M100.1M139.4M172.5M136.5M143.4M
Other Current Assets27.5M9.6M12.5M13.2M21.1M22.2M
Other Stockholder Equity33.8M36.1M38.4M40.4M43.8M25.4M
Total Liab302.6M268.1M303.1M298.1M231.1M242.6M
Property Plant And Equipment Gross60.4M48.7M59.5M36.8M136.2M143.0M
Total Current Assets283.4M280.2M329.0M381.4M381.5M400.6M
Accumulated Other Comprehensive Income(24.1M)(18.1M)(18.9M)(16.5M)(12.0M)(12.6M)
Short Term Debt12.9M12.1M7.2M6.3M6.8M6.6M
Intangible Assets72.4M65.8M61.0M54.1M49.4M28.3M
Accounts Payable44.4M39.8M66.0M64.6M40.4M23.7M
Common Stock Total Equity1.2M1.2M1.3M1.3M1.5M1.3M
Common Stock1.2M1.2M1.3M1.3M1.3M1.3M
Good Will22.0M24.0M26.7M25.1M26.6M31.8M
Other Liab60.2M62.2M63.9M49.5M56.9M43.2M
Net Tangible Assets168.1M185.8M121.1M262.3M301.7M175.7M
Other Assets30.9M49.4M35.7M35.9M1.00.95
Long Term Debt138.2M110.3M112.5M95M60M90.1M
Retained Earnings Total Equity157.1M166.5M187.9M237.2M272.8M172.1M
Short Long Term Debt2.6M2.5M5.5M5.3M6.1M5.9M
Property Plant Equipment41.9M34.5M59.5M36.8M42.4M43.8M
Capital Surpluse33.8M36.1M38.4M40.8M46.9M33.1M
Non Current Liabilities Other11.8M69.2M63.9M51.1M24.9M36.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bel Fuse A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bel Fuse's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bel Fuse A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bel Fuse A Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bel Fuse A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bel Fuse. If investors know Bel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bel Fuse listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Dividend Share
0.24
Earnings Share
4.12
Revenue Per Share
41.429
Quarterly Revenue Growth
(0.22)
The market value of Bel Fuse A is measured differently than its book value, which is the value of Bel that is recorded on the company's balance sheet. Investors also form their own opinion of Bel Fuse's value that differs from its market value or its book value, called intrinsic value, which is Bel Fuse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bel Fuse's market value can be influenced by many factors that don't directly affect Bel Fuse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bel Fuse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bel Fuse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bel Fuse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.