Box Change To Inventory vs Capital Expenditures Analysis

BOX Stock  USD 32.27  0.22  0.68%   
Box financial indicator trend analysis is way more than just evaluating Box Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Box Inc is a good investment. Please check the relationship between Box Change To Inventory and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Box Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Box Inc Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Box's Change To Inventory and Capital Expenditures is -0.28. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Box Inc, assuming nothing else is changed. The correlation between historical values of Box's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Box Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Box's Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Capital Expenditures

Capital Expenditures are funds used by Box Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Box operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Box's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Box Inc 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 Box Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Box's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 39.68 in 2024, whereas Selling General Administrative is likely to drop slightly above 95.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense9.8M2.4M11.8M12.4M
Depreciation And Amortization81.2M66.0M51.2M52.5M

Box fundamental ratios Correlations

0.97-0.440.960.540.220.810.950.77-0.90.640.880.960.490.680.830.920.950.820.680.630.630.740.740.940.87
0.97-0.60.910.360.020.820.890.85-0.80.610.850.940.490.70.840.890.880.660.680.610.780.750.610.970.86
-0.44-0.6-0.260.110.58-0.2-0.26-0.460.1-0.43-0.57-0.31-0.01-0.28-0.67-0.63-0.230.09-0.19-0.46-0.82-0.670.15-0.56-0.22
0.960.91-0.260.490.390.81.00.78-0.960.650.760.950.540.70.770.810.990.850.770.610.540.650.80.920.85
0.540.360.110.490.460.460.470.04-0.590.190.610.480.160.280.30.570.480.830.080.25-0.240.280.730.210.48
0.220.020.580.390.460.230.39-0.05-0.56-0.010.110.230.230.150.020.070.440.640.47-0.03-0.4-0.080.720.070.24
0.810.82-0.20.80.460.230.750.76-0.820.250.630.920.50.690.480.610.760.720.670.340.470.350.80.750.99
0.950.89-0.261.00.470.390.750.77-0.950.670.750.930.560.660.780.81.00.840.770.610.530.660.780.910.82
0.770.85-0.460.780.04-0.050.760.77-0.70.650.470.850.380.570.710.560.760.440.770.670.770.620.450.880.8
-0.9-0.80.1-0.96-0.59-0.56-0.82-0.95-0.7-0.56-0.71-0.91-0.53-0.64-0.69-0.72-0.96-0.92-0.76-0.54-0.36-0.55-0.91-0.81-0.85
0.640.61-0.430.650.19-0.010.250.670.65-0.560.470.530.10.320.840.620.640.40.380.890.510.840.210.670.33
0.880.85-0.570.760.610.110.630.750.47-0.710.470.750.460.550.80.970.750.70.390.430.550.740.60.770.67
0.960.94-0.310.950.480.230.920.930.85-0.910.530.750.550.70.710.780.930.80.740.560.60.60.790.910.96
0.490.49-0.010.540.160.230.50.560.38-0.530.10.460.550.330.350.320.550.460.43-0.170.30.280.480.50.54
0.680.7-0.280.70.280.150.690.660.57-0.640.320.550.70.330.420.580.640.540.550.330.430.340.560.670.64
0.830.84-0.670.770.30.020.480.780.71-0.690.840.80.710.350.420.860.760.520.550.760.720.970.390.850.55
0.920.89-0.630.810.570.070.610.80.56-0.720.620.970.780.320.580.860.790.690.440.630.620.810.560.830.67
0.950.88-0.230.990.480.440.761.00.76-0.960.640.750.930.550.640.760.790.860.780.590.510.650.810.90.83
0.820.660.090.850.830.640.720.840.44-0.920.40.70.80.460.540.520.690.860.540.40.080.420.940.60.76
0.680.68-0.190.770.080.470.670.770.77-0.760.380.390.740.430.550.550.440.780.540.410.520.410.670.760.7
0.630.61-0.460.610.25-0.030.340.610.67-0.540.890.430.56-0.170.330.760.630.590.40.410.510.730.260.640.41
0.630.78-0.820.54-0.24-0.40.470.530.77-0.360.510.550.60.30.430.720.620.510.080.520.510.680.060.830.51
0.740.75-0.670.650.28-0.080.350.660.62-0.550.840.740.60.280.340.970.810.650.420.410.730.680.250.750.42
0.740.610.150.80.730.720.80.780.45-0.910.210.60.790.480.560.390.560.810.940.670.260.060.250.560.81
0.940.97-0.560.920.210.070.750.910.88-0.810.670.770.910.50.670.850.830.90.60.760.640.830.750.560.81
0.870.86-0.220.850.480.240.990.820.8-0.850.330.670.960.540.640.550.670.830.760.70.410.510.420.810.81
Click cells to compare fundamentals

Box Account Relationship Matchups

Box fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets955.1M1.4B1.4B1.2B1.2B849.4M
Short Long Term Debt Total424.5M648.2M642.3M564.4M491.8M293.7M
Other Current Liab59.3M(31.0M)(31.1M)(3.7M)10.1M9.6M
Total Current Liabilities578.5M612.8M719.0M715.8M679.3M463.5M
Total Stockholder Equity22.4M151.1M92.8M(33.9M)61.0M64.1M
Other Liab30.6M37.3M23.8M35.0M40.3M43.8M
Property Plant And Equipment Net388.8M354.4M278.6M201.1M130.7M181.7M
Current Deferred Revenue407.5M443.9M519.5M544.2M562.9M343.3M
Net Debt229.0M53.1M226.1M136.0M108.1M113.5M
Retained Earnings(1.3B)(1.3B)(1.4B)(1.3B)(1.2B)(1.3B)
Accounts Payable16.8M4.5M58.9M50.5M52.7M55.4M
Cash195.6M595.1M416.3M428.5M383.7M309.4M
Non Current Assets Total497.4M472.4M475.4M400.4M399.0M289.6M
Non Currrent Assets Other89.9M99.3M(47.6M)125.4M69.1M42.4M
Other Assets69.6M74.4M122.4M125.4M1.00.95
Cash And Short Term Investments195.6M595.1M586.3M461.2M480.7M337.5M
Net Receivables209.4M228.3M256.3M264.5M281.5M175.5M
Common Stock Shares Outstanding147.8M155.8M155.6M150.2M148.6M136.5M
Liabilities And Stockholders Equity955.1M1.4B1.4B1.2B1.2B849.4M
Non Current Liabilities Total354.3M587.8M580.2M525.2M500.9M358.0M
Other Current Assets4.2M55.9M74.0M81M80.0M84.0M
Other Stockholder Equity1.3B1.5B972.0M819.0M785.4M830.7M
Total Liab932.8M1.2B1.3B1.2B1.2B821.5M
Property Plant And Equipment Gross388.8M354.4M278.6M201.1M208.2M188.9M
Total Current Assets457.7M879.3M916.6M806.8M842.2M559.8M
Accumulated Other Comprehensive Income(307K)(938K)(4.5M)(7.1M)(9.7M)(10.2M)
Short Term Debt95.0M195.3M171.7M124.8M53.6M70.8M
Intangible Assets25.1M24.8M37.1M12.1M46.8M49.1M
Property Plant Equipment191.0M354.4M278.6M201.1M231.3M165.4M
Net Tangible Assets3.6M107.5M(469.6M)(107.7M)(97.0M)(92.1M)
Deferred Long Term Liab62.8M66.5M72.9M72.0M82.8M64.5M
Retained Earnings Total Equity(1.1B)(1.3B)(1.4B)(1.3B)(1.2B)(1.3B)
Long Term Debt Total40M358.0M388.3M369.4M424.8M446.0M
Capital Surpluse1.3B1.5B972.0M819.0M941.8M1.2B

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