Bel Total Assets vs Accounts Payable Analysis

BELFA Stock  USD 71.20  0.38  0.54%   
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 Assets and its Accounts Payable 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 tightly coupled with the direction of predictive economic indicators such as signals in census.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bel Fuse A Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bel Fuse's Total Assets and Accounts Payable is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 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 Total Assets of Bel Fuse A 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 Total Assets i.e., Bel Fuse's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Bel Fuse assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bel Fuse A books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Bel Fuse 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 Bel Fuse A 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 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 tightly coupled 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

0.760.790.970.720.870.60.750.590.910.910.660.960.620.80.890.590.650.880.660.930.540.730.760.620.31
0.760.30.750.120.80.950.170.40.90.90.170.660.440.990.580.380.470.960.210.540.660.950.80.19-0.18
0.790.30.810.860.590.160.870.430.570.560.670.880.460.350.810.380.550.50.70.860.330.340.50.660.5
0.970.750.810.640.840.640.670.490.850.870.510.980.650.790.940.610.690.890.540.920.510.740.850.590.2
0.720.120.860.640.51-0.10.990.560.470.440.90.720.430.160.670.440.450.310.820.830.210.110.240.710.69
0.870.80.590.840.510.640.550.720.840.880.450.810.690.80.740.630.650.850.380.770.580.810.850.47-0.03
0.60.950.160.64-0.10.64-0.060.120.790.77-0.10.530.30.940.470.290.350.890.060.360.590.90.760.06-0.29
0.750.170.870.670.990.55-0.060.590.520.470.90.740.420.20.680.420.420.350.820.830.260.170.280.690.66
0.590.40.430.490.560.720.120.590.520.580.670.50.540.380.410.350.480.430.330.570.40.480.410.430.07
0.910.90.570.850.470.840.790.520.520.90.450.790.390.890.650.370.410.920.470.690.740.860.720.340.09
0.910.90.560.870.440.880.770.470.580.90.470.840.660.930.780.570.640.960.470.790.570.880.820.450.06
0.660.170.670.510.90.45-0.10.90.670.450.470.580.390.20.530.310.430.30.860.740.210.140.090.70.75
0.960.660.880.980.720.810.530.740.50.790.840.580.640.710.950.590.690.830.610.950.410.670.80.640.29
0.620.440.460.650.430.690.30.420.540.390.660.390.640.490.760.850.810.560.270.730.210.440.640.540.01
0.80.990.350.790.160.80.940.20.380.890.930.20.710.490.650.440.520.980.260.60.60.950.830.26-0.13
0.890.580.810.940.670.740.470.680.410.650.780.530.950.760.650.710.80.760.570.960.240.560.780.710.31
0.590.380.380.610.440.630.290.420.350.370.570.310.590.850.440.710.660.510.290.690.030.310.610.480.07
0.650.470.550.690.450.650.350.420.480.410.640.430.690.810.520.80.660.590.420.760.180.470.670.780.24
0.880.960.50.890.310.850.890.350.430.920.960.30.830.560.980.760.510.590.360.720.60.930.870.37-0.04
0.660.210.70.540.820.380.060.820.330.470.470.860.610.270.260.570.290.420.360.720.190.150.110.780.89
0.930.540.860.920.830.770.360.830.570.690.790.740.950.730.60.960.690.760.720.720.290.520.670.770.46
0.540.660.330.510.210.580.590.260.40.740.570.210.410.210.60.240.030.180.60.190.290.680.410.03-0.13
0.730.950.340.740.110.810.90.170.480.860.880.140.670.440.950.560.310.470.930.150.520.680.840.2-0.26
0.760.80.50.850.240.850.760.280.410.720.820.090.80.640.830.780.610.670.870.110.670.410.840.34-0.25
0.620.190.660.590.710.470.060.690.430.340.450.70.640.540.260.710.480.780.370.780.770.030.20.340.71
0.31-0.180.50.20.69-0.03-0.290.660.070.090.060.750.290.01-0.130.310.070.24-0.040.890.46-0.13-0.26-0.250.71
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 Liab33.2M35.9M36.9M57.0M60.3M63.3M
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 Other32.4M35.2M35.7M28.6M29.2M30.6M
Cash And Short Term Investments73.2M84.9M61.8M70.3M126.9M133.3M
Net Receivables75.5M71.4M87.1M107.3M96.9M101.8M
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 Assets27.5M23.8M40.7M31.4M21.1M22.2M
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 Debt12.9M11.9M6.9M5.9M6.8M6.6M
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
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bel Fuse in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bel Fuse's short interest history, or implied volatility extrapolated from Bel Fuse options trading.

Pair Trading with Bel Fuse

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bel Fuse position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bel Fuse will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bel Fuse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bel Fuse when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bel Fuse - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bel Fuse A to buy it.
The correlation of Bel Fuse is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bel Fuse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bel Fuse A moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bel Fuse can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Bel Fuse A information on this page should be used as a complementary analysis to other Bel Fuse's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Bel Fuse's price analysis, check to measure Bel Fuse'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 Bel Fuse is operating at the current time. Most of Bel Fuse's value examination focuses on studying past and present price action to predict the probability of Bel Fuse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bel Fuse's price. Additionally, you may evaluate how the addition of Bel Fuse to your portfolios can decrease your overall portfolio volatility.
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Is Bel Fuse's industry 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
0.092
Dividend Share
0.24
Earnings Share
5.62
Revenue Per Share
46.645
Quarterly Revenue Growth
(0.26)
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.