Boom Net Receivables vs Current Deferred Revenue Analysis

BOL Stock   1.38  0.01  0.72%   
Boom Logistics financial indicator trend analysis is way more than just evaluating Boom Logistics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boom Logistics is a good investment. Please check the relationship between Boom Logistics Net Receivables and its Current Deferred Revenue accounts. 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.

Net Receivables vs Current Deferred Revenue

Net Receivables vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boom Logistics Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Boom Logistics' Net Receivables and Current Deferred Revenue is 0.05. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Boom Logistics, assuming nothing else is changed. The correlation between historical values of Boom Logistics' Net Receivables and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Boom Logistics are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Boom Logistics' Net Receivables and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Boom Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boom Logistics 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 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.
Selling General Administrative is likely to drop to about 119.1 M in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue197.3M189.2M233.3M244.9M
Total Revenue215.8M205.9M259.2M248.5M

Boom Logistics fundamental ratios Correlations

0.920.360.980.630.740.80.870.89-0.390.620.950.55-0.070.910.220.160.930.470.380.530.530.60.870.60.91
0.920.460.880.640.680.640.680.92-0.150.60.920.680.110.840.190.040.860.190.320.40.670.680.730.70.9
0.360.460.280.610.380.09-0.050.60.10.160.470.60.430.350.48-0.450.36-0.340.440.120.620.51-0.010.730.48
0.980.880.280.520.650.870.90.81-0.420.630.880.55-0.220.840.110.210.860.490.280.450.510.630.830.490.84
0.630.640.610.520.780.210.290.860.110.210.770.560.470.670.62-0.120.67-0.060.630.550.630.510.550.70.81
0.740.680.380.650.780.450.570.79-0.360.550.840.290.170.820.450.070.790.370.50.910.320.30.750.550.85
0.80.640.090.870.210.450.90.52-0.550.720.620.43-0.540.58-0.150.310.590.53-0.010.310.360.550.630.160.64
0.870.68-0.050.90.290.570.90.58-0.620.690.740.23-0.380.77-0.060.320.780.740.120.510.20.360.870.220.71
0.890.920.60.810.860.790.520.58-0.060.440.950.650.260.860.480.050.870.160.580.530.660.630.720.80.96
-0.39-0.150.1-0.420.11-0.36-0.55-0.62-0.06-0.51-0.290.260.47-0.40.13-0.18-0.38-0.760.03-0.510.280.14-0.440.01-0.2
0.620.60.160.630.210.550.720.690.44-0.510.560.37-0.210.55-0.37-0.120.540.31-0.290.420.340.470.490.250.61
0.950.920.470.880.770.840.620.740.95-0.290.560.50.180.970.390.060.970.40.520.650.520.510.870.730.97
0.550.680.60.550.560.290.430.230.650.260.370.50.040.30.02-0.150.33-0.440.03-0.140.990.980.150.520.57
-0.070.110.43-0.220.470.17-0.54-0.380.260.47-0.210.180.040.20.43-0.60.2-0.370.370.120.11-0.1-0.010.420.16
0.910.840.350.840.670.820.580.770.86-0.40.550.970.30.20.360.061.00.550.510.720.310.320.920.660.9
0.220.190.480.110.620.45-0.15-0.060.480.13-0.370.390.020.430.360.20.340.070.980.440.06-0.090.250.480.37
0.160.04-0.450.21-0.120.070.310.320.05-0.18-0.120.06-0.15-0.60.060.20.050.440.260.15-0.21-0.110.31-0.10.09
0.930.860.360.860.670.790.590.780.87-0.380.540.970.330.21.00.340.050.530.50.670.350.350.910.680.9
0.470.19-0.340.49-0.060.370.530.740.16-0.760.310.4-0.44-0.370.550.070.440.530.230.59-0.47-0.330.7-0.040.3
0.380.320.440.280.630.5-0.010.120.580.03-0.290.520.030.370.510.980.260.50.230.490.06-0.050.420.520.47
0.530.40.120.450.550.910.310.510.53-0.510.420.65-0.140.120.720.440.150.670.590.49-0.1-0.110.720.330.63
0.530.670.620.510.630.320.360.20.660.280.340.520.990.110.310.06-0.210.35-0.470.06-0.10.960.170.540.58
0.60.680.510.630.510.30.550.360.630.140.470.510.98-0.10.32-0.09-0.110.35-0.33-0.05-0.110.960.210.430.58
0.870.73-0.010.830.550.750.630.870.72-0.440.490.870.15-0.010.920.250.310.910.70.420.720.170.210.40.81
0.60.70.730.490.70.550.160.220.80.010.250.730.520.420.660.48-0.10.68-0.040.520.330.540.430.40.71
0.910.90.480.840.810.850.640.710.96-0.20.610.970.570.160.90.370.090.90.30.470.630.580.580.810.71
Click cells to compare fundamentals

Boom Logistics Account Relationship Matchups

Boom Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets192.0M196.6M190.8M207.3M242.6M252.9M
Other Current Liab16.2M15.0M14.6M15.2M16.5M19.1M
Total Current Liabilities48.5M72.1M62.0M78.0M68.2M54.9M
Total Stockholder Equity115.3M112.7M110.2M105.5M111.0M142.8M
Accounts Payable12.0M15.6M14.9M19.1M29.2M20.1M
Cash2.1M2.3M2.4M2.4M6.3M4.8M
Other Assets145.0M119.5M118.9M1.080.2M0.95
Long Term Debt14.2M361K0.012.5M11.2M10.7M
Net Receivables35.7M43.4M41.5M47.7M52.3M50.0M
Inventory3.5M2.6M3.0M4.0M3.2M3.7M
Other Current Assets3.1M2.6M3.0M8.7M4.0M3.8M
Total Liab76.7M83.9M80.6M101.8M131.6M110.0M
Property Plant Equipment28.0M29.4M39.1M144.5M130.0M136.5M
Short Long Term Debt Total41.6M48.2M47.4M63.6M81.7M77.6M
Property Plant And Equipment Net147.0M148.3M143.9M144.5M176.7M130.4M
Current Deferred Revenue4.4M2.2M185K(43.6M)(39.3M)(37.3M)
Net Debt39.5M45.8M45.0M61.2M75.4M72.6M
Retained Earnings(197.6M)(200.6M)(203.2M)(208.4M)(201.8M)(191.7M)
Non Current Assets Total147.5M148.3M143.9M144.5M176.7M156.8M
Cash And Short Term Investments2.1M2.3M2.4M2.4M6.3M5.0M
Common Stock Shares Outstanding462.9M431.6M427.8M430.0M425.7M392.2M
Liabilities And Stockholders Equity192.0M196.6M190.8M207.3M242.6M263.8M
Non Current Liabilities Total28.2M11.8M18.5M23.8M63.4M56.2M
Property Plant And Equipment Gross147.0M348.9M348.5M306.1M326.5M289.8M
Total Current Assets44.5M48.3M46.9M62.8M65.8M52.3M
Short Term Debt15.9M39.3M32.3M43.6M22.5M27.1M
Other Liab2.5M2.9M3.4M3.8M4.4M2.3M
Accumulated Other Comprehensive Income2.5M3.0M3.1M3.6M3.7M3.9M
Non Currrent Assets Other(7K)(28K)(28.0M)(1.0)(1.15)(1.21)
Other Stockholder Equity(112.8M)(109.7M)(107.1M)(101.9M)(91.7M)(87.2M)
Net Tangible Assets115.3M112.7M110.2M105.5M95.0M117.2M
Short Long Term Debt4.3M23.6M17.4M11.8M859K816.1K
Long Term Debt Total25.7M8.8M15.1M20.0M18.0M20.8M
Net Invested Capital133.7M136.7M127.6M117.4M124.4M118.8M
Net Working Capital(4.0M)(23.8M)(15.2M)(15.2M)(2.3M)(2.4M)
Cash And Equivalents2.1M2.3M2.4M2.4M2.8M2.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.