Blue Net Debt vs Good Will Analysis

BRBS Stock

USD 3.53 0.07 2.02%

Blue Ridge financial indicator trend analysis is way more than just evaluating Blue Ridge Bankshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Ridge Bankshares is a good investment. Please check the relationship between Blue Ridge Net Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Ridge Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Ridge Bankshares Net Debt account and Good Will. At this time, the significance of the direction appears to have weak relationship.

The correlation between Blue Ridge's Net Debt and Good Will is 0.39. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Blue Ridge Bankshares, assuming nothing else is changed. The correlation between historical values of Blue Ridge's Net Debt 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 Net Debt of Blue Ridge Bankshares 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 Net Debt i.e., Blue Ridge's Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Blue Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Ridge Bankshares 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 Blue Ridge Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Discontinued Operations is likely to gain to about 406.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 34.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	180.4M	158.5M	182.3M	191.4M
Total Revenue	180.4M	158.5M	182.3M	191.4M

Gross Profit Total Revenue

Blue Ridge fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Net Invested Capital
Total Assets		0.98	0.89	0.92	0.99	0.79	0.99	0.82	0.48	0.65	0.88	0.96	-0.74	0.36	-0.04	0.83	0.98	0.79	0.79	-0.26	0.99	0.93	-0.73	0.96	0.39	0.87
Total Current Liabilities	0.98		0.82	0.84	0.98	0.7	0.99	0.7	0.34	0.51	0.79	0.89	-0.6	0.36	-0.12	0.88	0.97	0.72	0.68	-0.24	0.97	0.88	-0.67	0.91	0.29	0.77
Total Stockholder Equity	0.89	0.82		0.78	0.88	0.93	0.86	0.87	0.76	0.58	0.81	0.86	-0.82	0.35	0.02	0.56	0.92	0.7	0.95	-0.24	0.91	0.9	-0.77	0.96	0.24	0.81
Other Liab	0.92	0.84	0.78		0.87	0.68	0.89	0.89	0.45	0.82	0.97	0.92	-0.76	0.35	-0.09	0.73	0.85	0.79	0.73	-0.21	0.88	0.85	-0.61	0.87	0.6	0.94
Net Tangible Assets	0.99	0.98	0.88	0.87		0.75	1.0	0.79	0.42	0.53	0.83	0.94	-0.71	0.34	-0.06	0.8	0.99	0.76	0.76	-0.29	1.0	0.94	-0.76	0.96	0.26	0.8
Retained Earnings	0.79	0.7	0.93	0.68	0.75		0.73	0.7	0.9	0.57	0.7	0.72	-0.7	0.32	-0.06	0.5	0.83	0.58	0.95	-0.18	0.79	0.75	-0.59	0.83	0.32	0.79
Accounts Payable	0.99	0.99	0.86	0.89	1.0	0.73		0.78	0.39	0.57	0.84	0.94	-0.69	0.35	-0.06	0.85	0.98	0.77	0.73	-0.27	0.99	0.92	-0.73	0.95	0.32	0.82
Cash	0.82	0.7	0.87	0.89	0.79	0.7	0.78		0.59	0.72	0.9	0.88	-0.93	0.39	0.11	0.43	0.79	0.77	0.84	-0.2	0.81	0.89	-0.77	0.89	0.35	0.84
Other Assets	0.48	0.34	0.76	0.45	0.42	0.9	0.39	0.59		0.53	0.51	0.46	-0.64	0.26	0.05	0.14	0.52	0.39	0.88	-0.05	0.48	0.51	-0.41	0.58	0.3	0.63
Long Term Debt	0.65	0.51	0.58	0.82	0.53	0.57	0.57	0.72	0.53		0.86	0.69	-0.6	0.3	0.05	0.58	0.54	0.66	0.57	-0.09	0.57	0.56	-0.3	0.61	0.88	0.92
Net Receivables	0.88	0.79	0.81	0.97	0.83	0.7	0.84	0.9	0.51	0.86		0.86	-0.73	0.35	-0.15	0.69	0.81	0.73	0.73	-0.21	0.84	0.8	-0.54	0.86	0.62	0.95
Good Will	0.96	0.89	0.86	0.92	0.94	0.72	0.94	0.88	0.46	0.69	0.86		-0.86	0.35	0.21	0.72	0.93	0.85	0.79	-0.24	0.95	0.98	-0.85	0.94	0.39	0.87
Inventory	-0.74	-0.6	-0.82	-0.76	-0.71	-0.7	-0.69	-0.93	-0.64	-0.6	-0.73	-0.86		-0.32	-0.37	-0.28	-0.73	-0.76	-0.87	0.19	-0.76	-0.9	0.89	-0.83	-0.21	-0.74
Other Current Assets	0.36	0.36	0.35	0.35	0.34	0.32	0.35	0.39	0.26	0.3	0.35	0.35	-0.32		-0.05	0.21	0.33	0.65	0.35	0.58	0.34	0.35	-0.28	0.33	0.06	0.27
Other Stockholder Equity	-0.04	-0.12	0.02	-0.09	-0.06	-0.06	-0.06	0.11	0.05	0.05	-0.15	0.21	-0.37	-0.05		-0.16	-0.03	0.24	0.08	0.08	0.0	0.22	-0.48	0.05	-0.07	-0.02
Total Liab	0.83	0.88	0.56	0.73	0.8	0.5	0.85	0.43	0.14	0.58	0.69	0.72	-0.28	0.21	-0.16		0.78	0.58	0.38	-0.21	0.79	0.62	-0.34	0.68	0.56	0.72
Long Term Investments	0.98	0.97	0.92	0.85	0.99	0.83	0.98	0.79	0.52	0.54	0.81	0.93	-0.73	0.33	-0.03	0.78		0.75	0.82	-0.29	1.0	0.94	-0.77	0.97	0.27	0.81
Short Long Term Debt	0.79	0.72	0.7	0.79	0.76	0.58	0.77	0.77	0.39	0.66	0.73	0.85	-0.76	0.65	0.24	0.58	0.75		0.66	0.03	0.77	0.82	-0.72	0.77	0.37	0.74
Total Current Assets	0.79	0.68	0.95	0.73	0.76	0.95	0.73	0.84	0.88	0.57	0.73	0.79	-0.87	0.35	0.08	0.38	0.82	0.66		-0.19	0.81	0.84	-0.75	0.87	0.23	0.78
Short Term Debt	-0.26	-0.24	-0.24	-0.21	-0.29	-0.18	-0.27	-0.2	-0.05	-0.09	-0.21	-0.24	0.19	0.58	0.08	-0.21	-0.29	0.03	-0.19		-0.29	-0.26	0.22	-0.31	-0.06	-0.24
Common Stock	0.99	0.97	0.91	0.88	1.0	0.79	0.99	0.81	0.48	0.57	0.84	0.95	-0.76	0.34	0.0	0.79	1.0	0.77	0.81	-0.29		0.96	-0.79	0.97	0.29	0.83
Property Plant Equipment	0.93	0.88	0.9	0.85	0.94	0.75	0.92	0.89	0.51	0.56	0.8	0.98	-0.9	0.35	0.22	0.62	0.94	0.82	0.84	-0.26	0.96		-0.92	0.96	0.21	0.79
Short Long Term Debt Total	-0.73	-0.67	-0.77	-0.61	-0.76	-0.59	-0.73	-0.77	-0.41	-0.3	-0.54	-0.85	0.89	-0.28	-0.48	-0.34	-0.77	-0.72	-0.75	0.22	-0.79	-0.92		-0.82	0.1	-0.53
Property Plant And Equipment Net	0.96	0.91	0.96	0.87	0.96	0.83	0.95	0.89	0.58	0.61	0.86	0.94	-0.83	0.33	0.05	0.68	0.97	0.77	0.87	-0.31	0.97	0.96	-0.82		0.28	0.85
Net Debt	0.39	0.29	0.24	0.6	0.26	0.32	0.32	0.35	0.3	0.88	0.62	0.39	-0.21	0.06	-0.07	0.56	0.27	0.37	0.23	-0.06	0.29	0.21	0.1	0.28		0.73
Net Invested Capital	0.87	0.77	0.81	0.94	0.8	0.79	0.82	0.84	0.63	0.92	0.95	0.87	-0.74	0.27	-0.02	0.72	0.81	0.74	0.78	-0.24	0.83	0.79	-0.53	0.85	0.73

Click cells to compare fundamentals

Blue Ridge Account Relationship Matchups

Blue Ridge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	961.3M	1.5B	2.7B	3.1B	3.1B	3.3B
Other Current Liab	259.8M	333.1M	1.6B	2.0B	1.6B	1.6B
Total Current Liabilities	386.0M	449.4M	1.6B	2.0B	2.3B	2.4B
Total Stockholder Equity	92.3M	107.5M	276.9M	259.4M	186.0M	118.4M
Other Liab	4.9M	24.2M	16.1M	19.5M	22.4M	23.6M
Net Tangible Assets	68.5M	84.7M	242.3M	226.0M	259.9M	272.9M
Retained Earnings	25.6M	40.7M	86.0M	108.3M	33.2M	42.5M
Accounts Payable	722.0M	945.1M	2.3B	2.5B	2.9B	3.0B
Cash	60.0M	117.9M	128.3M	77.3M	110.5M	60.5M
Other Assets	628.9M	1.1B	1.7B	2.2B	(13.1M)	(12.4M)
Long Term Debt	134.6M	421.2M	50.1M	351.6M	249.9M	155.7M
Good Will	2.7M	21.2M	19.9M	26.8M	30.8M	32.4M
Common Stock Total Equity	66.2M	66.8M	194.3M	196.0M	225.4M	236.6M
Short Term Investments	108.6M	110.1M	371.5M	354.3M	321.1M	337.1M
Other Current Assets	60.5M	133.7M	184.2M	91.3M	140.6M	119.9M
Total Liab	134.6M	421.2M	57.7M	2.9B	2.9B	3.1B
Long Term Investments	120.8M	110.1M	385.1M	402.8M	363.5M	381.6M
Total Current Assets	168.6M	243.0M	513.4M	444.0M	140.6M	182.3M
Accumulated Other Comprehensive Income	229.1K	(161.2K)	(3.6M)	(45.1M)	(45.1M)	(42.8M)
Short Term Debt	126.2M	116.3M	1.6M	2.1M	1.9M	1.8M
Intangible Assets	3.7M	2.9M	24.2M	35.6M	32.5M	34.1M
Common Stock	66.5M	66.8M	194.3M	196.0M	197.6M	207.5M
Property Plant Equipment	20.3M	14.8M	33.0M	23.2M	26.6M	28.0M
Non Current Assets Total	163.7M	147.7M	469.1M	495.2M	3.0B	3.1B
Non Currrent Assets Other	(1.6M)	(4.6M)	(9.9M)	(9.2M)	2.5B	2.7B
Cash And Short Term Investments	168.6M	228.0M	499.7M	431.6M	114.9M	184.1M
Common Stock Shares Outstanding	6.2M	8.5M	17.8M	18.8M	18.9M	9.6M
Long Term Debt Total	9.8M	24.5M	40.0M	39.9M	45.9M	48.2M
Liabilities And Stockholders Equity	961.3M	1.5B	2.7B	3.1B	3.1B	3.3B
Non Current Liabilities Total	134.6M	421.2M	57.7M	2.9B	2.9B	3.1B
Property Plant And Equipment Gross	13.7M	20.2M	33.0M	30.1M	38.6M	40.6M

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 Blue Stock Analysis

When running Blue Ridge's price analysis, check to measure Blue Ridge's 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 Blue Ridge is operating at the current time. Most of Blue Ridge's value examination focuses on studying past and present price action to predict the probability of Blue Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Ridge's price. Additionally, you may evaluate how the addition of Blue Ridge to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC