Builders Accounts Payable vs Interest Coverage Analysis

BLDR Stock  USD 209.68  2.64  1.28%   
Builders FirstSource financial indicator trend analysis is way more than just evaluating Builders FirstSource prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Builders FirstSource is a good investment. Please check the relationship between Builders FirstSource Accounts Payable and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Builders FirstSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Builders Stock, please use our How to Invest in Builders FirstSource guide.

Accounts Payable vs Interest Coverage

Accounts Payable vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Builders FirstSource Accounts Payable account and Interest Coverage. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Builders FirstSource's Accounts Payable and Interest Coverage is 0.86. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Builders FirstSource, assuming nothing else is changed. The correlation between historical values of Builders FirstSource's Accounts Payable and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Builders FirstSource are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Accounts Payable i.e., Builders FirstSource's Accounts Payable and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Builders FirstSource 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 Builders FirstSource 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.

Interest Coverage

Most indicators from Builders FirstSource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Builders FirstSource 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 Builders FirstSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Builders Stock, please use our How to Invest in Builders FirstSource guide.At this time, Builders FirstSource's Selling General Administrative is relatively stable compared to the past year. As of 03/28/2024, Enterprise Value Multiple is likely to grow to 12.75, while Tax Provision is likely to drop slightly above 237.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.9B7.7B5.9B6.1B
Total Revenue19.9B22.7B17.1B18.0B

Builders FirstSource fundamental ratios Correlations

0.980.960.02-0.210.020.640.970.980.980.970.990.980.980.840.951.0-0.320.990.990.930.980.970.990.940.89
0.980.90.0-0.180.00.60.990.930.940.910.960.940.950.840.890.98-0.360.960.990.890.920.930.980.920.88
0.960.9-0.04-0.28-0.040.650.910.990.961.00.980.980.970.750.960.96-0.260.960.950.931.00.960.950.930.83
0.020.0-0.040.181.00.06-0.090.040.140.030.00.060.050.290.09-0.03-0.030.04-0.040.050.020.060.050.030.22
-0.21-0.18-0.280.180.18-0.54-0.26-0.23-0.22-0.24-0.22-0.19-0.20.13-0.18-0.230.03-0.18-0.23-0.51-0.24-0.19-0.22-0.19-0.02
0.020.0-0.041.00.180.06-0.090.040.140.030.00.060.050.290.09-0.03-0.030.04-0.040.050.020.060.050.030.22
0.640.60.650.06-0.540.060.60.660.740.640.650.70.580.510.720.6-0.310.680.60.670.640.750.70.430.54
0.970.990.91-0.09-0.26-0.090.60.930.920.90.950.920.930.750.880.98-0.340.950.990.910.920.910.960.910.81
0.980.930.990.04-0.230.040.660.930.981.00.990.990.980.80.980.97-0.260.990.960.931.00.980.970.940.87
0.980.940.960.14-0.220.140.740.920.980.970.980.990.960.860.980.96-0.30.990.950.910.970.990.990.890.89
0.970.911.00.03-0.240.030.640.91.00.970.990.980.980.780.970.96-0.260.970.950.921.00.960.950.940.85
0.990.960.980.0-0.220.00.650.950.990.980.990.990.980.820.960.99-0.330.990.980.920.990.980.980.940.88
0.980.940.980.06-0.190.060.70.920.990.990.980.990.980.850.990.97-0.271.00.960.90.980.990.980.910.89
0.980.950.970.05-0.20.050.580.930.980.960.980.980.980.840.950.98-0.280.970.970.930.980.950.970.970.91
0.840.840.750.290.130.290.510.750.80.860.780.820.850.840.830.81-0.40.860.80.670.780.850.860.770.93
0.950.890.960.09-0.180.090.720.880.980.980.970.960.990.950.830.93-0.190.980.920.880.970.990.950.880.86
1.00.980.96-0.03-0.23-0.030.60.980.970.960.960.990.970.980.810.93-0.320.981.00.930.970.950.980.960.87
-0.32-0.36-0.26-0.030.03-0.03-0.31-0.34-0.26-0.3-0.26-0.33-0.27-0.28-0.4-0.19-0.32-0.28-0.33-0.19-0.26-0.33-0.35-0.14-0.3
0.990.960.960.04-0.180.040.680.950.990.990.970.991.00.970.860.980.98-0.280.980.90.980.990.990.920.89
0.990.990.95-0.04-0.23-0.040.60.990.960.950.950.980.960.970.80.921.0-0.330.980.920.960.940.980.950.86
0.930.890.930.05-0.510.050.670.910.930.910.920.920.90.930.670.880.93-0.190.90.920.930.880.910.920.77
0.980.921.00.02-0.240.020.640.921.00.971.00.990.980.980.780.970.97-0.260.980.960.930.960.960.950.85
0.970.930.960.06-0.190.060.750.910.980.990.960.980.990.950.850.990.95-0.330.990.940.880.960.980.870.88
0.990.980.950.05-0.220.050.70.960.970.990.950.980.980.970.860.950.98-0.350.990.980.910.960.980.910.9
0.940.920.930.03-0.190.030.430.910.940.890.940.940.910.970.770.880.96-0.140.920.950.920.950.870.910.86
0.890.880.830.22-0.020.220.540.810.870.890.850.880.890.910.930.860.87-0.30.890.860.770.850.880.90.86
Click cells to compare fundamentals

Builders FirstSource Account Relationship Matchups

Builders FirstSource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B4.2B10.7B10.6B10.7B11.3B
Total Stockholder Equity825.0M1.2B4.8B5.0B4.7B5.0B
Net Debt1.6B1.5B3.4B3.4B3.6B3.8B
Cash14.1M423.8M42.6M80.4M66.2M85.0M
Other Assets30.6M295.7M29.2M36.4M32.7M57.2M
Cash And Short Term Investments14.1M423.8M42.6M80.4M66.2M85.0M
Common Stock Shares Outstanding117.0M117.9M203.5M163.5M129.0M93.8M
Liabilities And Stockholders Equity3.2B4.2B10.7B10.6B10.7B11.3B
Other Stockholder Equity575.0M589.2M4.3B4.3B4.3B4.5B
Total Liab2.4B3.0B5.9B5.6B6.0B6.3B
Total Current Assets1.3B2.2B4.0B3.5B3.3B3.5B
Short Long Term Debt Total1.6B1.9B3.4B3.5B3.7B3.9B
Other Current Liab258.8M308.5M718.9M739.0M717.5M753.4M
Total Current Liabilities821.3M1.1B2.1B1.8B1.9B2.0B
Property Plant And Equipment Net1.0B1.0B1.8B2.1B2.3B2.4B
Retained Earnings248.8M562.4M540.0M703.5M460.2M483.2M
Accounts Payable436.8M600.4M1.1B803.5M881.4M925.5M
Non Current Assets Total1.9B1.9B6.7B7.1B7.4B7.8B
Non Currrent Assets Other22.2M16.5M29.2M(233.3M)38.0M39.9M
Net Receivables692.4M956.5M2.2B1.9B1.9B2.0B
Good Will769.0M785.3M3.3B3.5B3.6B3.7B
Common Stock Total Equity1.2M1.2M1.2M1.8M2.1M2.2M
Non Current Liabilities Total1.6B1.9B3.8B3.8B4.2B4.4B
Inventory561.3M784.5M1.6B1.4B1.2B1.3B
Other Current Assets39.1M58.9M128.0M124.2M113.4M119.1M
Property Plant And Equipment Gross1.0B1.0B1.8B2.1B3.3B3.5B
Short Term Debt75.5M89.0M100.3M107.1M101.9M107.0M
Intangible Assets128.4M119.9M1.6B1.6B1.3B1.4B
Common Stock1.2M1.2M1.8M1.4M1.2M958.3K
Other Liab88.9M129.9M481.7M407.5M468.6M492.1M
Long Term Debt1.3B1.6B2.9B3.0B3.2B3.3B
Property Plant Equipment721.9M749.1M1.8B2.1B2.4B2.5B
Current Deferred Revenue50.2M77.0M216.1M193.2M162.7M170.8M
Net Tangible Assets(72.5M)247.6M(71.1M)(45.2M)(52.0M)(54.6M)
Retained Earnings Total Equity35.0M248.8M562.4M540.0M621.0M652.1M
Long Term Debt Total1.5B1.3B1.6B2.9B3.4B3.5B
Capital Surpluse560.2M575.0M589.2M4.3B4.9B5.1B
Non Current Liabilities Other289.2M299.6M119.6M137.9M125.0M118.7M

Pair Trading with Builders FirstSource

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 Builders FirstSource 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 Builders FirstSource will appreciate offsetting losses from the drop in the long position's value.

Moving together with Builders Stock

  0.95NX Quanex Building Products Financial Report 6th of June 2024 PairCorr
  0.65OC Owens Corning Financial Report 24th of April 2024 PairCorr
  0.97TT Trane Technologies Plc Financial Report 1st of May 2024 PairCorr
  0.89DOOR Masonite International Financial Report 13th of May 2024 PairCorr

Moving against Builders Stock

  0.53VIEW View Inc Report 3rd of April 2024 PairCorr
  0.44AFIIQ Armstrong FlooringPairCorr
The ability to find closely correlated positions to Builders FirstSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Builders FirstSource 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 Builders FirstSource - 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 Builders FirstSource to buy it.
The correlation of Builders FirstSource 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 Builders FirstSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Builders FirstSource 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 Builders FirstSource 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 Builders FirstSource is a strong investment it is important to analyze Builders FirstSource'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 Builders FirstSource's future performance. For an informed investment choice regarding Builders Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Builders FirstSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Builders Stock, please use our How to Invest in Builders FirstSource guide.
Note that the Builders FirstSource information on this page should be used as a complementary analysis to other Builders FirstSource'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Builders Stock analysis

When running Builders FirstSource's price analysis, check to measure Builders FirstSource'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 Builders FirstSource is operating at the current time. Most of Builders FirstSource's value examination focuses on studying past and present price action to predict the probability of Builders FirstSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Builders FirstSource's price. Additionally, you may evaluate how the addition of Builders FirstSource to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Stocks Directory
Find actively traded stocks across global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Is Builders FirstSource'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 Builders FirstSource. If investors know Builders 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 Builders FirstSource 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
0.077
Earnings Share
11.93
Revenue Per Share
133.806
Quarterly Revenue Growth
(0.05)
Return On Assets
0.129
The market value of Builders FirstSource is measured differently than its book value, which is the value of Builders that is recorded on the company's balance sheet. Investors also form their own opinion of Builders FirstSource's value that differs from its market value or its book value, called intrinsic value, which is Builders FirstSource'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 Builders FirstSource's market value can be influenced by many factors that don't directly affect Builders FirstSource'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 Builders FirstSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Builders FirstSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Builders FirstSource'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.