Bon Non Current Liabilities Total vs Other Stockholder Equity Analysis

BON Stock  USD 2.97  0.34  12.93%   
Bon Natural financial indicator trend analysis is way more than just evaluating Bon Natural Life prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bon Natural Life is a good investment. Please check the relationship between Bon Natural Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bon Natural Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bon Natural Life Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Bon Natural's Non Current Liabilities Total and Other Stockholder Equity is -0.82. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Bon Natural Life, assuming nothing else is changed. The correlation between historical values of Bon Natural's Non Current Liabilities Total and Other Stockholder 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 Liabilities Total of Bon Natural Life are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Bon Natural's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Other Stockholder Equity

Most indicators from Bon Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bon Natural Life 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 Bon Natural Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
As of the 9th of May 2024, Issuance Of Capital Stock is likely to grow to about 2.7 M, while Tax Provision is likely to drop about 780.3 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization369.5K1.2M1.4M1.4M
Interest Income1.4K9.4K10.8K11.4K

Bon Natural fundamental ratios Correlations

-0.880.63-0.220.990.930.96-0.730.92-0.83-0.30.96-0.17-0.85-0.040.730.71-0.85-0.830.620.98-0.690.99-0.260.850.98
-0.88-0.730.28-0.88-0.9-0.880.94-0.850.850.04-0.880.140.7-0.28-0.76-0.40.70.83-0.85-0.880.63-0.850.6-0.68-0.83
0.63-0.730.380.560.550.66-0.560.56-0.63-0.350.66-0.05-0.42-0.010.610.39-0.44-0.750.530.51-0.010.55-0.510.440.58
-0.220.280.38-0.29-0.41-0.180.46-0.310.28-0.49-0.160.480.16-0.43-0.090.050.12-0.05-0.34-0.380.78-0.290.23-0.26-0.21
0.99-0.880.56-0.290.930.96-0.740.91-0.85-0.230.96-0.19-0.870.010.730.67-0.86-0.810.620.99-0.741.0-0.240.830.97
0.93-0.90.55-0.410.930.93-0.780.98-0.88-0.250.93-0.19-0.860.00.790.6-0.86-0.840.590.93-0.830.93-0.280.710.88
0.96-0.880.66-0.180.960.93-0.740.9-0.94-0.271.0-0.06-0.920.010.90.58-0.91-0.930.560.93-0.70.95-0.20.660.88
-0.730.94-0.560.46-0.74-0.78-0.74-0.670.78-0.29-0.730.210.53-0.58-0.65-0.110.510.65-0.93-0.780.64-0.710.74-0.55-0.66
0.92-0.850.56-0.310.910.980.9-0.67-0.8-0.430.91-0.17-0.86-0.190.740.73-0.87-0.830.490.89-0.760.92-0.190.740.89
-0.830.85-0.630.28-0.85-0.88-0.940.78-0.80.07-0.930.20.8-0.2-0.92-0.340.780.88-0.55-0.820.69-0.830.29-0.47-0.72
-0.30.04-0.35-0.49-0.23-0.25-0.27-0.29-0.430.07-0.28-0.20.40.93-0.2-0.770.440.390.38-0.13-0.07-0.26-0.46-0.25-0.33
0.96-0.880.66-0.160.960.931.0-0.730.91-0.93-0.28-0.02-0.930.00.890.59-0.92-0.940.550.92-0.690.95-0.190.660.89
-0.170.14-0.050.48-0.19-0.19-0.060.21-0.170.2-0.2-0.02-0.2-0.150.18-0.08-0.22-0.17-0.18-0.220.2-0.20.38-0.4-0.21
-0.850.7-0.420.16-0.87-0.86-0.920.53-0.860.80.4-0.93-0.20.19-0.86-0.631.00.89-0.31-0.830.74-0.87-0.14-0.52-0.78
-0.04-0.28-0.01-0.430.010.00.01-0.58-0.19-0.20.930.0-0.150.190.08-0.670.230.080.650.1-0.16-0.03-0.68-0.09-0.1
0.73-0.760.61-0.090.730.790.9-0.650.74-0.92-0.20.890.18-0.860.080.32-0.85-0.950.40.69-0.60.72-0.110.260.59
0.71-0.40.390.050.670.60.58-0.110.73-0.34-0.770.59-0.08-0.63-0.670.32-0.65-0.50.040.62-0.370.70.210.750.77
-0.850.7-0.440.12-0.86-0.86-0.910.51-0.870.780.44-0.92-0.221.00.23-0.85-0.650.89-0.3-0.820.71-0.86-0.15-0.53-0.79
-0.830.83-0.75-0.05-0.81-0.84-0.930.65-0.830.880.39-0.94-0.170.890.08-0.95-0.50.89-0.45-0.750.52-0.80.15-0.43-0.72
0.62-0.850.53-0.340.620.590.56-0.930.49-0.550.380.55-0.18-0.310.650.40.04-0.3-0.450.68-0.430.59-0.850.590.61
0.98-0.880.51-0.380.990.930.93-0.780.89-0.82-0.130.92-0.22-0.830.10.690.62-0.82-0.750.68-0.780.99-0.30.850.96
-0.690.63-0.010.78-0.74-0.83-0.70.64-0.760.69-0.07-0.690.20.74-0.16-0.6-0.370.710.52-0.43-0.78-0.750.07-0.52-0.64
0.99-0.850.55-0.291.00.930.95-0.710.92-0.83-0.260.95-0.2-0.87-0.030.720.7-0.86-0.80.590.99-0.75-0.210.850.98
-0.260.6-0.510.23-0.24-0.28-0.20.74-0.190.29-0.46-0.190.38-0.14-0.68-0.110.21-0.150.15-0.85-0.30.07-0.21-0.33-0.25
0.85-0.680.44-0.260.830.710.66-0.550.74-0.47-0.250.66-0.4-0.52-0.090.260.75-0.53-0.430.590.85-0.520.85-0.330.93
0.98-0.830.58-0.210.970.880.88-0.660.89-0.72-0.330.89-0.21-0.78-0.10.590.77-0.79-0.720.610.96-0.640.98-0.250.93
Click cells to compare fundamentals

Bon Natural Account Relationship Matchups

Bon Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.2M36.4M37.3M46.6M53.5M33.3M
Short Long Term Debt Total5.7M3.1M5.4M4.2M3.8M4.1M
Other Current Liab6.8M5.3M1.4M4.9M5.6M4.3M
Total Current Liabilities11.7M7.5M6.6M9.6M8.7M7.3M
Total Stockholder Equity10.5M26.0M29.6M35.5M40.8M20.7M
Net Tangible Assets6.7M10.4M25.6M29.2M33.6M35.3M
Property Plant And Equipment Net14.2M19.4M22.2M21.4M24.6M16.4M
Net Debt5.7M1.2M4.6M4.1M3.7M3.6M
Retained Earnings5.1M9.2M14.7M18.7M21.5M22.6M
Accounts Payable1.3M380.4K214.6K1.4M1.3M1.3M
Cash53.1K1.9M840.9K112.8K101.5K96.4K
Non Current Assets Total14.4M19.9M22.5M22.4M25.7M17.1M
Other Assets1.3M49.1K22.3K2.8K2.5K2.4K
Long Term Debt2.5M2.2M189.8K871.4K784.2K1.4M
Cash And Short Term Investments53.1K3.6M840.9K112.8K129.7K123.3K
Net Receivables5.8M6.2M6.8M4.6M5.3M5.7M
Common Stock Shares Outstanding8.2M6.7M8.4M9.2M10.6M8.9M
Liabilities And Stockholders Equity25.2M36.4M37.3M46.6M53.5M33.3M
Non Current Liabilities Total2.5M2.3M517.0K963.1K866.8K1.5M
Capital Lease Obligations33.4K399.8K583.7K319.0K366.9K317.4K
Inventory1.0M1.6M1.7M987.3K888.6K844.1K
Other Current Assets(9K)5.2M277.5K2.4M2.7M1.6M
Other Stockholder Equity5.3M15.5M15.7M18.1M20.8M11.9M
Total Liab14.2M9.9M7.2M10.6M9.5M8.8M
Net Invested Capital16.2M28.7M34.4M39.4M45.3M26.1M
Short Long Term Debt3.2M489.4K4.6M3.0M2.7M2.5M
Total Current Assets10.8M16.5M14.7M24.2M27.8M16.2M
Accumulated Other Comprehensive Income191.8K1.3M(827.1K)(1.3M)(1.2M)(1.1M)
Capital Stock580.0833.0840.01.2K1.4K817.85
Net Working Capital(856.8K)9.0M8.1M14.6M16.8M17.6M
Short Term Debt3.2M713.5K4.9M3.2M2.9M2.7M
Intangible Assets141.0K411.1K366.2K995.2K1.1M1.2M
Common Stock580.0833.0840.01.2K1.4K817.85
Property Plant Equipment9.5M14.2M19.4M22.2M25.5M15.0M
Non Currrent Assets Other510.1K(19.8M)(22.5M)(22.4M)(20.1M)(21.1M)

Pair Trading with Bon Natural

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 Bon Natural 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 Bon Natural will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bon Stock

  0.88FAMI Farmmi IncPairCorr
  0.66LSF Laird SuperfoodIncPairCorr

Moving against Bon Stock

  0.73LW Lamb Weston Holdings Financial Report 23rd of July 2024 PairCorr
  0.46PG Procter Gamble Financial Report 26th of July 2024 PairCorr
The ability to find closely correlated positions to Bon Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bon Natural 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 Bon Natural - 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 Bon Natural Life to buy it.
The correlation of Bon Natural 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 Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life 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 Bon Natural 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 Bon Natural Life offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bon Natural's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bon Natural Life Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bon Natural Life Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bon Natural Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Bon Natural's price analysis, check to measure Bon Natural'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 Bon Natural is operating at the current time. Most of Bon Natural's value examination focuses on studying past and present price action to predict the probability of Bon Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bon Natural's price. Additionally, you may evaluate how the addition of Bon Natural to your portfolios can decrease your overall portfolio volatility.
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Is Bon Natural'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 Bon Natural. If investors know Bon 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 Bon Natural 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
(0.41)
Earnings Share
5
Revenue Per Share
32.302
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0883
The market value of Bon Natural Life is measured differently than its book value, which is the value of Bon that is recorded on the company's balance sheet. Investors also form their own opinion of Bon Natural's value that differs from its market value or its book value, called intrinsic value, which is Bon Natural'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 Bon Natural's market value can be influenced by many factors that don't directly affect Bon Natural'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 Bon Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bon Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bon Natural'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.