Blue Non Current Liabilities Total vs Good Will Analysis
| BLBD Stock | USD 55.55 2.47 4.65% |
Blue Bird financial indicator trend analysis is way more than just evaluating Blue Bird Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Bird Corp is a good investment. Please check the relationship between Blue Bird Non Current Liabilities Total and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Non Current Liabilities Total vs Good Will
Non Current Liabilities Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Bird Corp Non Current Liabilities Total account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blue Bird's Non Current Liabilities Total and Good Will is -0.08. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Blue Bird Corp, assuming nothing else is changed. The correlation between historical values of Blue Bird's Non Current Liabilities Total 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 Non Current Liabilities Total of Blue Bird Corp 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 Non Current Liabilities Total i.e., Blue Bird's Non Current Liabilities Total and Good Will go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Current Liabilities Total
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 Bird's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Bird Corp 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 Bird Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Blue Bird's Tax Provision is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 800.6M | 1.1B | 1.3B | 972.8M | Depreciation And Amortization | 17.0M | 16.0M | 18.4M | 12.2M |
Blue Bird fundamental ratios Correlations
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Blue Bird Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Bird fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 317.4M | 356.0M | 366.1M | 417.8M | 480.4M | 318.6M | |
| Other Current Liab | 34.3M | 28.5M | 29.3M | 64.0M | 73.6M | 38.3M | |
| Total Current Liabilities | 111.6M | 124.8M | 164.8M | 229.6M | 264.1M | 143.7M | |
| Total Stockholder Equity | (53.2M) | (32.7M) | 1.4M | 40.0M | 36.0M | 37.8M | |
| Property Plant And Equipment Net | 110.4M | 111.0M | 102.3M | 96.1M | 110.6M | 71.9M | |
| Net Debt | 136.8M | 203.6M | 161.9M | 52.9M | 60.9M | 92.1M | |
| Retained Earnings | (33.5M) | (33.8M) | (79.5M) | (55.7M) | (50.1M) | (52.6M) | |
| Accounts Payable | 57.6M | 72.3M | 107.9M | 137.1M | 157.7M | 88.0M | |
| Cash | 44.5M | 11.7M | 10.5M | 79.0M | 90.8M | 48.6M | |
| Non Current Assets Total | 200.5M | 199.9M | 191.7M | 181.7M | 209.0M | 175.4M | |
| Non Currrent Assets Other | 1.0M | 1.5M | 1.5M | 1.5M | 1.7M | 1.8M | |
| Other Assets | 4.0M | 26.7M | 5.9M | 12.4M | 14.2M | 15.0M | |
| Cash And Short Term Investments | 44.5M | 11.7M | 10.5M | 79.0M | 90.8M | 48.6M | |
| Net Receivables | 7.6M | 10.0M | 12.5M | 12.6M | 11.3M | 11.0M | |
| Non Current Liabilities Total | 259.0M | 263.9M | 200.0M | 148.1M | 170.4M | 196.0M | |
| Inventory | 56.5M | 125.2M | 143.0M | 135.3M | 155.6M | 88.4M | |
| Other Current Assets | 8.2M | 9.2M | 8.5M | 9.2M | 10.6M | 8.1M | |
| Other Stockholder Equity | 38.6M | 45.9M | 122.8M | 127.6M | 146.7M | 154.1M | |
| Total Liab | 370.6M | 388.7M | 364.7M | 377.8M | 434.4M | 347.2M | |
| Total Current Assets | 116.9M | 156.1M | 174.5M | 236.1M | 271.5M | 153.4M | |
| Intangible Assets | 51.6M | 49.4M | 47.4M | 45.4M | 40.9M | 45.0M | |
| Short Long Term Debt Total | 181.3M | 215.3M | 172.3M | 131.9M | 151.7M | 153.6M | |
| Common Stock Shares Outstanding | 27.1M | 27.1M | 31.0M | 32.3M | 37.1M | 25.1M | |
| Liabilities And Stockholders Equity | 317.4M | 356.0M | 366.1M | 417.8M | 480.4M | 323.5M | |
| Accumulated Other Comprehensive Income | (58.4M) | (44.8M) | (41.9M) | (31.9M) | (36.7M) | (38.5M) | |
| Short Term Debt | 11.2M | 16.2M | 20.4M | 20.4M | 23.4M | 12.3M | |
| Other Liab | 78.7M | 82.3M | 64.8M | 43.4M | 39.1M | 56.8M | |
| Net Tangible Assets | (67.8M) | (53.2M) | (32.7M) | 1.4M | 1.6M | 1.7M | |
| Current Deferred Revenue | 8.5M | 7.8M | 7.2M | 8.1M | 9.3M | 7.1M | |
| Long Term Debt | 164.2M | 194.6M | 150.4M | 110.5M | 99.5M | 127.7M | |
| Retained Earnings Total Equity | (45.6M) | (33.5M) | (33.8M) | (79.5M) | (71.6M) | (75.1M) | |
| Capital Surpluse | 84.3M | 88.9M | 96.2M | 173.1M | 199.1M | 209.0M | |
| Deferred Long Term Liab | 15.6M | 14.3M | 16.0M | 11.6M | 13.3M | 12.3M | |
| Long Term Investments | 14.3M | 14.8M | 10.7M | 17.6M | 20.3M | 13.9M |
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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 Blue Bird Corp is a strong investment it is important to analyze Blue Bird's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blue Bird's future performance. For an informed investment choice regarding Blue Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Blue Bird Corp information on this page should be used as a complementary analysis to other Blue Bird'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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When running Blue Bird's price analysis, check to measure Blue Bird'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 Bird is operating at the current time. Most of Blue Bird's value examination focuses on studying past and present price action to predict the probability of Blue Bird'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 Bird's price. Additionally, you may evaluate how the addition of Blue Bird to your portfolios can decrease your overall portfolio volatility.
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Is Blue Bird'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 Blue Bird. If investors know Blue 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 Blue Bird 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 2.591 | Earnings Share 2.46 | Revenue Per Share 39.205 | Quarterly Revenue Growth 0.154 | Return On Assets 0.1861 |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird'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 Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird'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 Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird'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.