Blink Non Current Assets Total vs Common Stock Total Equity Analysis
BLNK Stock | USD 3.28 0.18 5.81% |
Blink Charging financial indicator trend analysis is way more than just evaluating Blink Charging prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blink Charging is a good investment. Please check the relationship between Blink Charging Non Current Assets Total and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blink Charging Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Non Current Assets Total vs Common Stock Total Equity
Non Current Assets Total vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blink Charging Non Current Assets Total account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blink Charging's Non Current Assets Total and Common Stock Total Equity is 0.14. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Blink Charging Co, assuming nothing else is changed. The correlation between historical values of Blink Charging's Non Current Assets Total and Common Stock Total Equity 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 Assets Total of Blink Charging Co are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Non Current Assets Total i.e., Blink Charging's Non Current Assets Total and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Blink Charging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blink Charging 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 Blink Charging Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Blink Charging's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 1.6 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 72.8 M.
2023 | 2024 (projected) | Interest Income | 8.1K | 7.7K | Non Recurring | 7.5M | 6.6M |
Blink Charging fundamental ratios Correlations
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Blink Charging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blink Charging fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.9M | 34.5M | 231.9M | 362.5M | 428.5M | 449.9M | |
Total Stockholder Equity | 7.4M | 27.2M | 213.8M | 261.0M | 289.4M | 303.9M | |
Net Debt | (3.7M) | (20.8M) | (172.7M) | (31.1M) | (103.8M) | (98.6M) | |
Retained Earnings | (169.5M) | (187.4M) | (242.5M) | (334.0M) | (537.7M) | (510.8M) | |
Cash | 4.0M | 22.3M | 174.8M | 36.6M | 121.7M | 127.8M | |
Other Assets | (1.0) | 1.1M | 1K | 3.2M | 3.6M | 3.8M | |
Cash And Short Term Investments | 7.1M | 22.3M | 174.8M | 36.6M | 121.7M | 127.8M | |
Common Stock Total Equity | 26.3K | 36.0K | 42K | 51K | 58.7K | 49.0K | |
Common Stock Shares Outstanding | 26.2M | 30.0M | 41.9M | 46.9M | 63.5M | 66.6M | |
Liabilities And Stockholders Equity | 11.9M | 34.5M | 231.9M | 362.5M | 428.5M | 449.9M | |
Other Stockholder Equity | 176.7M | 214.5M | 458.0M | 598.0M | 829.6M | 871.0M | |
Total Liab | 4.5M | 7.4M | 18.1M | 101.6M | 139.1M | 146.1M | |
Total Current Assets | 10.2M | 26.3M | 192.5M | 99.3M | 221.7M | 232.8M | |
Common Stock | 26.3K | 36.0K | 42K | 51K | 93K | 52.2K | |
Other Current Liab | 1.2M | 1.3M | 5.7M | 13.1M | 14.1M | 7.8M | |
Total Current Liabilities | 4.4M | 6.7M | 16.2M | 50.3M | 69.7M | 73.2M | |
Short Long Term Debt Total | 285.7K | 1.6M | 2.1M | 5.5M | 17.9M | 18.8M | |
Property Plant And Equipment Net | 1.6M | 6.3M | 16.2M | 30.0M | 44.9M | 47.1M | |
Non Current Assets Total | 1.8M | 8.3M | 39.4M | 263.3M | 206.8M | 217.1M | |
Non Currrent Assets Other | 73.7K | 464.0K | 311K | 2.9M | (15.6M) | (14.8M) | |
Non Current Liabilities Total | 143.6K | 678.7K | 1.9M | 51.3M | 69.4M | 72.9M | |
Inventory | 2.2M | 1.8M | 10.4M | 34.7M | 47.9M | 50.3M | |
Other Current Assets | 671.0K | 1.2M | 1.0M | 4.4M | 6.7M | 7.0M | |
Property Plant And Equipment Gross | 1.6M | 5.6M | 16.2M | 30.0M | 59.1M | 62.0M | |
Accumulated Other Comprehensive Income | (4.6M) | 183.2K | (1.8M) | (3.0M) | (2.5M) | (2.7M) | |
Other Liab | 58.7K | 96.7K | 321K | 47.8M | 55.0M | 57.8M | |
Accounts Payable | 2.4M | 3.9M | 7.1M | 24.6M | 31.2M | 32.8M | |
Short Term Debt | 200.8K | 978.1K | 557K | 2.1M | 10.8M | 11.3M | |
Property Plant Equipment | 1.6M | 6.3M | 16.2M | 25.9M | 29.7M | 31.2M | |
Retained Earnings Total Equity | (169.5M) | (187.4M) | (242.5M) | (334.0M) | (300.6M) | (285.6M) | |
Deferred Long Term Liab | 565.0 | 6.7K | 128K | 5.3M | 6.0M | 6.3M | |
Intangible Assets | 107.4K | 46.0K | 3.5M | 26.6M | 16.3M | 17.1M | |
Net Tangible Assets | 7.3M | 25.6M | 191.0M | 30.7M | 35.3M | 19.1M | |
Current Deferred Revenue | 567.6K | 479.5K | 2.9M | 10.6M | 13.6M | 14.3M |
Blink Charging Investors Sentiment
The influence of Blink Charging'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 Blink. 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 Blink Charging's public news can be used to forecast risks associated with an investment in Blink. The trend in average sentiment can be used to explain how an investor holding Blink can time the market purely based on public headlines and social activities around Blink Charging Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Blink Charging'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 Blink Charging'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 Blink Charging's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Blink Charging.
Blink Charging Implied Volatility | 174.11 |
Blink Charging's implied volatility exposes the market's sentiment of Blink Charging Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Blink Charging's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Blink Charging stock will not fluctuate a lot when Blink Charging's options are near their expiration.
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 Blink Charging 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, Blink Charging's short interest history, or implied volatility extrapolated from Blink Charging options trading.
Pair Trading with Blink Charging
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 Blink Charging 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 Blink Charging will appreciate offsetting losses from the drop in the long position's value.Moving against Blink Stock
0.45 | TLF | Tandy Leather Factory | PairCorr |
0.41 | BOOT | Boot Barn Holdings Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Blink Charging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blink Charging 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 Blink Charging - 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 Blink Charging Co to buy it.
The correlation of Blink Charging 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 Blink Charging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blink Charging 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 Blink Charging 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blink Charging Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Blink Stock analysis
When running Blink Charging's price analysis, check to measure Blink Charging'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 Blink Charging is operating at the current time. Most of Blink Charging's value examination focuses on studying past and present price action to predict the probability of Blink Charging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blink Charging's price. Additionally, you may evaluate how the addition of Blink Charging to your portfolios can decrease your overall portfolio volatility.
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Is Blink Charging'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 Blink Charging. If investors know Blink 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 Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.21) | Revenue Per Share 2.106 | Quarterly Revenue Growth 0.734 | Return On Assets (0.13) | Return On Equity (0.61) |
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging'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 Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging'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 Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging'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.