Blue Property Plant And Equipment Net vs Net Receivables Analysis

BLBD Stock  USD 54.94  0.61  1.10%   
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 Property Plant And Equipment Net and its Net Receivables 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.

Property Plant And Equipment Net vs Net Receivables

Property Plant And Equipment Net vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Bird Corp Property Plant And Equipment Net account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blue Bird's Property Plant And Equipment Net and Net Receivables is -0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables 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 Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Blue Bird Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., Blue Bird's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Receivables

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 Revenue800.6M1.1B1.3B972.8M
Depreciation And Amortization17.0M16.0M18.4M12.2M

Blue Bird fundamental ratios Correlations

0.860.940.070.720.44-0.240.920.630.790.260.650.63-0.41-0.260.590.620.840.760.880.96-0.72-0.780.650.770.84
0.860.930.210.450.02-0.130.910.870.530.080.470.87-0.37-0.290.270.460.660.690.680.91-0.51-0.650.320.540.63
0.940.930.130.590.28-0.30.990.760.670.270.560.76-0.24-0.290.440.650.750.770.80.99-0.71-0.640.530.760.84
0.070.210.130.08-0.580.730.17-0.010.04-0.2-0.44-0.01-0.14-0.36-0.650.38-0.030.54-0.380.16-0.140.07-0.56-0.29-0.02
0.720.450.590.080.60.10.540.170.980.360.420.17-0.35-0.190.520.70.670.450.620.6-0.82-0.290.640.730.76
0.440.020.28-0.580.6-0.530.24-0.080.650.610.54-0.08-0.09-0.040.910.340.470.10.70.31-0.6-0.270.940.770.63
-0.24-0.13-0.30.730.1-0.53-0.3-0.26-0.01-0.24-0.66-0.26-0.2-0.02-0.610.04-0.17-0.02-0.57-0.270.160.31-0.6-0.53-0.39
0.920.910.990.170.540.24-0.30.740.610.240.530.74-0.2-0.280.390.650.730.790.760.98-0.67-0.650.480.720.81
0.630.870.76-0.010.17-0.08-0.260.740.260.150.41.0-0.11-0.230.280.10.570.450.570.71-0.3-0.520.250.460.37
0.790.530.670.040.980.65-0.010.610.260.420.490.26-0.38-0.290.620.690.710.540.720.68-0.86-0.40.720.790.82
0.260.080.27-0.20.360.61-0.240.240.150.42-0.080.150.3-0.150.580.310.340.20.350.28-0.590.060.60.620.47
0.650.470.56-0.440.420.54-0.660.530.40.49-0.080.4-0.34-0.170.660.180.540.320.820.55-0.42-0.670.690.660.58
0.630.870.76-0.010.17-0.08-0.260.741.00.260.150.4-0.11-0.230.280.10.570.450.570.71-0.3-0.520.250.460.37
-0.41-0.37-0.24-0.14-0.35-0.09-0.2-0.2-0.11-0.380.3-0.34-0.110.16-0.16-0.23-0.41-0.24-0.33-0.290.160.46-0.15-0.07-0.17
-0.26-0.29-0.29-0.36-0.19-0.04-0.02-0.28-0.23-0.29-0.15-0.17-0.230.16-0.08-0.28-0.18-0.6-0.19-0.290.530.1-0.15-0.25-0.28
0.590.270.44-0.650.520.91-0.610.390.280.620.580.660.28-0.16-0.080.170.630.170.860.46-0.53-0.520.970.80.6
0.620.460.650.380.70.340.040.650.10.690.310.180.1-0.23-0.280.170.490.610.380.68-0.8-0.10.360.590.81
0.840.660.75-0.030.670.47-0.170.730.570.710.340.540.57-0.41-0.180.630.490.550.790.79-0.63-0.640.650.710.61
0.760.690.770.540.450.1-0.020.790.450.540.20.320.45-0.24-0.60.170.610.550.50.79-0.68-0.580.260.490.66
0.880.680.8-0.380.620.7-0.570.760.570.720.350.820.57-0.33-0.190.860.380.790.50.8-0.63-0.770.880.860.78
0.960.910.990.160.60.31-0.270.980.710.680.280.550.71-0.29-0.290.460.680.790.790.8-0.72-0.670.540.750.84
-0.72-0.51-0.71-0.14-0.82-0.60.16-0.67-0.3-0.86-0.59-0.42-0.30.160.53-0.53-0.8-0.63-0.68-0.63-0.720.23-0.68-0.86-0.89
-0.78-0.65-0.640.07-0.29-0.270.31-0.65-0.52-0.40.06-0.67-0.520.460.1-0.52-0.1-0.64-0.58-0.77-0.670.23-0.46-0.41-0.43
0.650.320.53-0.560.640.94-0.60.480.250.720.60.690.25-0.15-0.150.970.360.650.260.880.54-0.68-0.460.90.73
0.770.540.76-0.290.730.77-0.530.720.460.790.620.660.46-0.07-0.250.80.590.710.490.860.75-0.86-0.410.90.9
0.840.630.84-0.020.760.63-0.390.810.370.820.470.580.37-0.17-0.280.60.810.610.660.780.84-0.89-0.430.730.9
Click cells to compare fundamentals

Blue Bird Account Relationship Matchups

Blue Bird fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets317.4M356.0M366.1M417.8M480.4M318.6M
Other Current Liab34.3M28.5M29.3M64.0M73.6M38.3M
Total Current Liabilities111.6M124.8M164.8M229.6M264.1M143.7M
Total Stockholder Equity(53.2M)(32.7M)1.4M40.0M36.0M37.8M
Property Plant And Equipment Net110.4M111.0M102.3M96.1M110.6M71.9M
Net Debt136.8M203.6M161.9M52.9M60.9M92.1M
Retained Earnings(33.5M)(33.8M)(79.5M)(55.7M)(50.1M)(52.6M)
Accounts Payable57.6M72.3M107.9M137.1M157.7M88.0M
Cash44.5M11.7M10.5M79.0M90.8M48.6M
Non Current Assets Total200.5M199.9M191.7M181.7M209.0M175.4M
Non Currrent Assets Other1.0M1.5M1.5M1.5M1.7M1.8M
Other Assets4.0M26.7M5.9M12.4M14.2M15.0M
Cash And Short Term Investments44.5M11.7M10.5M79.0M90.8M48.6M
Net Receivables7.6M10.0M12.5M12.6M11.3M11.0M
Non Current Liabilities Total259.0M263.9M200.0M148.1M170.4M196.0M
Inventory56.5M125.2M143.0M135.3M155.6M88.4M
Other Current Assets8.2M9.2M8.5M9.2M10.6M8.1M
Other Stockholder Equity38.6M45.9M122.8M127.6M146.7M154.1M
Total Liab370.6M388.7M364.7M377.8M434.4M347.2M
Total Current Assets116.9M156.1M174.5M236.1M271.5M153.4M
Intangible Assets51.6M49.4M47.4M45.4M40.9M45.0M
Short Long Term Debt Total181.3M215.3M172.3M131.9M151.7M153.6M
Common Stock Shares Outstanding27.1M27.1M31.0M32.3M37.1M25.1M
Liabilities And Stockholders Equity317.4M356.0M366.1M417.8M480.4M323.5M
Accumulated Other Comprehensive Income(58.4M)(44.8M)(41.9M)(31.9M)(36.7M)(38.5M)
Short Term Debt11.2M16.2M20.4M20.4M23.4M12.3M
Other Liab78.7M82.3M64.8M43.4M39.1M56.8M
Net Tangible Assets(67.8M)(53.2M)(32.7M)1.4M1.6M1.7M
Current Deferred Revenue8.5M7.8M7.2M8.1M9.3M7.1M
Long Term Debt164.2M194.6M150.4M110.5M99.5M127.7M
Retained Earnings Total Equity(45.6M)(33.5M)(33.8M)(79.5M)(71.6M)(75.1M)
Capital Surpluse84.3M88.9M96.2M173.1M199.1M209.0M
Deferred Long Term Liab15.6M14.3M16.0M11.6M13.3M12.3M
Long Term Investments14.3M14.8M10.7M17.6M20.3M13.9M

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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.
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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.