Builders Asset Turnover vs Interest Coverage Analysis

BLDR Stock  USD 208.55  1.13  0.54%   
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 Asset Turnover 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.

Asset Turnover vs Interest Coverage

Asset Turnover vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Builders FirstSource Asset Turnover account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Builders FirstSource's Asset Turnover and Interest Coverage is -0.11. Overlapping area represents the amount of variation of Asset Turnover 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 Asset Turnover 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 Asset Turnover 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 Asset Turnover i.e., Builders FirstSource's Asset Turnover and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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 03/29/2024, 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

Builders FirstSource Investors Sentiment

The influence of Builders FirstSource's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Builders. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Builders FirstSource's public news can be used to forecast risks associated with an investment in Builders. The trend in average sentiment can be used to explain how an investor holding Builders can time the market purely based on public headlines and social activities around Builders FirstSource. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Builders FirstSource's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Builders FirstSource's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Builders FirstSource's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Builders FirstSource.
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 Builders FirstSource 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, Builders FirstSource's short interest history, or implied volatility extrapolated from Builders FirstSource options trading.

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
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  0.89DOOR Masonite International Financial Report 13th of May 2024 PairCorr

Moving against Builders Stock

  0.52VIEW View Inc Report 3rd of April 2024 PairCorr
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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.
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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.