Blink Other Stockholder Equity vs Common Stock Shares Outstanding 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 Other Stockholder Equity and its Common Stock Shares Outstanding 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.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blink Charging Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blink Charging's Other Stockholder Equity and Common Stock Shares Outstanding is 0.97. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Blink Charging Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Blink Charging's Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Income8.1K7.7K
Non Recurring7.5M6.6M

Blink Charging fundamental ratios Correlations

0.99-0.75-0.930.810.880.80.120.920.980.920.940.30.180.870.880.980.95-0.730.940.980.950.960.940.93-0.32
0.99-0.81-0.90.850.810.850.10.930.960.860.950.260.090.790.810.950.91-0.680.880.940.910.920.890.88-0.38
-0.75-0.810.7-0.99-0.42-0.99-0.03-0.77-0.76-0.52-0.91-0.17-0.01-0.49-0.58-0.69-0.510.54-0.51-0.62-0.59-0.68-0.49-0.550.32
-0.93-0.90.7-0.76-0.89-0.770.0-0.96-0.98-0.91-0.9-0.22-0.24-0.87-0.92-0.94-0.860.79-0.9-0.94-0.94-0.93-0.89-0.90.23
0.810.85-0.99-0.760.511.00.040.820.820.60.950.190.040.580.670.760.58-0.630.60.70.670.750.570.63-0.31
0.880.81-0.42-0.890.510.510.050.790.870.960.730.240.370.930.910.910.92-0.720.950.930.940.90.950.94-0.17
0.80.85-0.99-0.771.00.510.030.820.820.60.950.180.040.570.670.760.58-0.630.60.70.670.750.570.63-0.32
0.120.1-0.030.00.040.050.03-0.040.030.180.080.940.110.240.060.180.14-0.120.10.140.120.170.120.30.17
0.920.93-0.77-0.960.820.790.82-0.040.970.810.910.140.030.730.820.910.83-0.70.830.890.90.890.830.82-0.4
0.980.96-0.76-0.980.820.870.820.030.970.910.940.220.180.850.90.970.9-0.760.920.960.950.950.910.9-0.29
0.920.86-0.52-0.910.60.960.60.180.810.910.810.370.40.980.950.960.93-0.790.980.970.960.960.970.98-0.11
0.940.95-0.91-0.90.950.730.950.080.910.940.810.260.110.760.840.920.78-0.770.810.880.860.910.790.82-0.32
0.30.26-0.17-0.220.190.240.180.940.140.220.370.260.160.410.280.370.29-0.360.30.330.320.380.310.470.1
0.180.09-0.01-0.240.040.370.040.110.030.180.40.110.160.560.30.20.23-0.080.220.20.160.190.210.290.58
0.870.79-0.49-0.870.580.930.570.240.730.850.980.760.410.560.920.90.87-0.740.910.910.890.90.90.950.02
0.880.81-0.58-0.920.670.910.670.060.820.90.950.840.280.30.920.930.81-0.920.940.940.940.960.910.91-0.15
0.980.95-0.69-0.940.760.910.760.180.910.970.960.920.370.20.90.930.93-0.820.960.990.980.990.960.96-0.31
0.950.91-0.51-0.860.580.920.580.140.830.90.930.780.290.230.870.810.93-0.610.950.960.940.90.970.93-0.28
-0.73-0.680.540.79-0.63-0.72-0.63-0.12-0.7-0.76-0.79-0.77-0.36-0.08-0.74-0.92-0.82-0.61-0.81-0.81-0.84-0.88-0.76-0.770.21
0.940.88-0.51-0.90.60.950.60.10.830.920.980.810.30.220.910.940.960.95-0.810.990.980.961.00.96-0.24
0.980.94-0.62-0.940.70.930.70.140.890.960.970.880.330.20.910.940.990.96-0.810.990.990.980.980.97-0.28
0.950.91-0.59-0.940.670.940.670.120.90.950.960.860.320.160.890.940.980.94-0.840.980.990.980.980.95-0.29
0.960.92-0.68-0.930.750.90.750.170.890.950.960.910.380.190.90.960.990.9-0.880.960.980.980.950.95-0.29
0.940.89-0.49-0.890.570.950.570.120.830.910.970.790.310.210.90.910.960.97-0.761.00.980.980.950.96-0.26
0.930.88-0.55-0.90.630.940.630.30.820.90.980.820.470.290.950.910.960.93-0.770.960.970.950.950.96-0.18
-0.32-0.380.320.23-0.31-0.17-0.320.17-0.4-0.29-0.11-0.320.10.580.02-0.15-0.31-0.280.21-0.24-0.28-0.29-0.29-0.26-0.18
Click cells to compare fundamentals

Blink Charging Account Relationship Matchups

Blink Charging fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9M34.5M231.9M362.5M428.5M449.9M
Total Stockholder Equity7.4M27.2M213.8M261.0M289.4M303.9M
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)
Cash4.0M22.3M174.8M36.6M121.7M127.8M
Other Assets(1.0)1.1M1K3.2M3.6M3.8M
Cash And Short Term Investments7.1M22.3M174.8M36.6M121.7M127.8M
Common Stock Total Equity26.3K36.0K42K51K58.7K49.0K
Common Stock Shares Outstanding26.2M30.0M41.9M46.9M63.5M66.6M
Liabilities And Stockholders Equity11.9M34.5M231.9M362.5M428.5M449.9M
Other Stockholder Equity176.7M214.5M458.0M598.0M829.6M871.0M
Total Liab4.5M7.4M18.1M101.6M139.1M146.1M
Total Current Assets10.2M26.3M192.5M99.3M221.7M232.8M
Common Stock26.3K36.0K42K51K93K52.2K
Other Current Liab1.2M1.3M5.7M13.1M14.1M7.8M
Total Current Liabilities4.4M6.7M16.2M50.3M69.7M73.2M
Short Long Term Debt Total285.7K1.6M2.1M5.5M17.9M18.8M
Property Plant And Equipment Net1.6M6.3M16.2M30.0M44.9M47.1M
Non Current Assets Total1.8M8.3M39.4M263.3M206.8M217.1M
Non Currrent Assets Other73.7K464.0K311K2.9M(15.6M)(14.8M)
Non Current Liabilities Total143.6K678.7K1.9M51.3M69.4M72.9M
Inventory2.2M1.8M10.4M34.7M47.9M50.3M
Other Current Assets671.0K1.2M1.0M4.4M6.7M7.0M
Property Plant And Equipment Gross1.6M5.6M16.2M30.0M59.1M62.0M
Accumulated Other Comprehensive Income(4.6M)183.2K(1.8M)(3.0M)(2.5M)(2.7M)
Other Liab58.7K96.7K321K47.8M55.0M57.8M
Accounts Payable2.4M3.9M7.1M24.6M31.2M32.8M
Short Term Debt200.8K978.1K557K2.1M10.8M11.3M
Property Plant Equipment1.6M6.3M16.2M25.9M29.7M31.2M
Retained Earnings Total Equity(169.5M)(187.4M)(242.5M)(334.0M)(300.6M)(285.6M)
Deferred Long Term Liab565.06.7K128K5.3M6.0M6.3M
Intangible Assets107.4K46.0K3.5M26.6M16.3M17.1M
Net Tangible Assets7.3M25.6M191.0M30.7M35.3M19.1M
Current Deferred Revenue567.6K479.5K2.9M10.6M13.6M14.3M

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

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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.
Pair CorrelationCorrelation Matching
When determining whether Blink Charging is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Blink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blink Charging Co Stock. Highlighted below are key reports to facilitate an investment decision about Blink Charging Co Stock:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.