Block Other Assets vs Other Current Assets Analysis

SQ Stock  USD 74.48  1.69  2.32%   
Block financial indicator trend analysis is way more than just evaluating Block Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Block Inc is a good investment. Please check the relationship between Block Other Assets and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

Other Assets vs Other Current Assets

Other Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Block Inc Other Assets account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Block's Other Assets and Other Current Assets is 0.27. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Block Inc, assuming nothing else is changed. The correlation between historical values of Block's Other Assets and Other Current Assets 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 Assets of Block Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Assets i.e., Block's Other Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Block's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Block Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
At this time, Block's Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Sales General And Administrative To Revenue is likely to grow to 0.12, though Tax Provision is likely to grow to (7.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.4B6.0B7.5B7.9B
Total Revenue17.7B17.5B21.9B23.0B

Block fundamental ratios Correlations

0.780.80.810.710.770.86-0.09-0.090.80.750.720.780.080.780.710.660.940.850.870.780.520.830.830.810.69
0.780.990.990.990.930.7-0.49-0.080.690.960.990.60.30.970.980.960.760.940.960.950.810.970.920.990.97
0.80.991.00.960.930.75-0.47-0.040.70.980.960.640.230.990.970.930.790.960.970.930.820.990.951.00.94
0.810.991.00.960.930.76-0.45-0.030.710.980.960.660.210.990.970.920.80.970.980.930.810.990.961.00.93
0.710.990.960.960.910.59-0.58-0.150.610.921.00.50.430.920.980.990.670.870.90.930.810.920.840.940.99
0.770.930.930.930.910.69-0.4-0.240.640.90.920.570.20.910.910.890.790.90.920.870.780.920.850.930.9
0.860.70.750.760.590.690.160.140.880.710.610.96-0.160.750.590.520.960.880.830.740.360.830.880.780.58
-0.09-0.49-0.47-0.45-0.58-0.40.160.260.21-0.54-0.540.29-0.59-0.49-0.65-0.60.09-0.23-0.34-0.27-0.82-0.34-0.29-0.43-0.52
-0.09-0.08-0.04-0.03-0.15-0.240.140.26-0.070.01-0.140.14-0.480.0-0.13-0.17-0.030.07-0.06-0.06-0.130.030.11-0.01-0.15
0.80.690.70.710.610.640.880.21-0.070.590.650.890.00.630.550.590.890.80.760.830.190.760.750.710.65
0.750.960.980.980.920.90.71-0.540.010.590.910.570.161.00.970.880.720.940.950.840.890.970.950.980.88
0.720.990.960.961.00.920.61-0.54-0.140.650.910.520.410.920.970.990.70.880.90.950.780.920.840.941.0
0.780.60.640.660.50.570.960.290.140.890.570.52-0.070.620.470.440.910.780.740.690.20.720.790.660.5
0.080.30.230.210.430.2-0.16-0.59-0.480.00.160.41-0.070.150.380.48-0.040.010.140.270.310.090.040.160.44
0.780.970.990.990.920.910.75-0.490.00.631.00.920.620.150.960.880.770.960.970.860.870.980.960.990.88
0.710.980.970.970.980.910.59-0.65-0.130.550.970.970.470.380.960.960.650.880.920.880.90.930.870.960.95
0.660.960.930.920.990.890.52-0.6-0.170.590.880.990.440.480.880.960.620.820.850.930.780.870.780.91.0
0.940.760.790.80.670.790.960.09-0.030.890.720.70.91-0.040.770.650.620.890.870.810.410.850.850.810.68
0.850.940.960.970.870.90.88-0.230.070.80.940.880.780.010.960.880.820.890.970.910.690.990.980.980.85
0.870.960.970.980.90.920.83-0.34-0.060.760.950.90.740.140.970.920.850.870.970.90.760.980.970.980.87
0.780.950.930.930.930.870.74-0.27-0.060.830.840.950.690.270.860.880.930.810.910.90.580.920.850.920.96
0.520.810.820.810.810.780.36-0.82-0.130.190.890.780.20.310.870.90.780.410.690.760.580.760.740.810.74
0.830.970.990.990.920.920.83-0.340.030.760.970.920.720.090.980.930.870.850.990.980.920.760.971.00.89
0.830.920.950.960.840.850.88-0.290.110.750.950.840.790.040.960.870.780.850.980.970.850.740.970.960.8
0.810.991.01.00.940.930.78-0.43-0.010.710.980.940.660.160.990.960.90.810.980.980.920.811.00.960.92
0.690.970.940.930.990.90.58-0.52-0.150.650.881.00.50.440.880.951.00.680.850.870.960.740.890.80.92
Click cells to compare fundamentals

Block Account Relationship Matchups

Block fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding466.1M482.2M501.8M578.9M614.0M438.7M
Total Assets4.6B9.9B13.9B31.4B34.1B35.8B
Other Current Liab1.5B3.3B4.6B7.4B8.8B9.2B
Total Current Liabilities1.7B4.1B5.4B8.4B9.9B10.4B
Total Stockholder Equity1.7B2.7B3.3B17.2B18.7B19.6B
Other Liab94.5M85.3M222.8M334.2M384.3M403.5M
Property Plant And Equipment Net262.3M690.4M731.5M702.5M540.8M360.1M
Net Debt27.8M335.4M1.1B400.2M(2.1B)(2.0B)
Retained Earnings(510.3M)(297.2M)(28.0M)(568.7M)(528.4M)(554.9M)
Accounts Payable95.8M239.4M254.6M462.5M151.0M153.1M
Cash1.0B3.2B4.4B4.5B8.2B8.6B
Non Current Assets Total1.2B2.0B3.1B15.5B15.2B16.0B
Non Currrent Assets Other196.4M499.3M370.5M484.2M194.3M196.9M
Other Assets86.4M90.5M(812.0M)275.4M247.8M260.2M
Cash And Short Term Investments1.5B3.9B5.3B5.6B9.0B9.5B
Net Receivables753.5M1.5B1.7B4.8B7.2B7.6B
Good Will266.3M316.7M519.3M12.0B11.9B12.5B
Short Term Investments492.5M695.1M869.3M1.1B851.9M479.7M
Liabilities And Stockholders Equity4.6B9.9B13.9B31.4B34.1B35.8B
Non Current Liabilities Total1.1B3.1B5.2B5.7B5.5B5.7B
Inventory47.7M61.1M77.1M97.7M110.1M115.6M
Other Current Assets250.4M383.1M687.4M2.1B1.3B1.3B
Other Stockholder Equity2.2B3.0B3.3B1.1B19.6B20.6B
Total Liab2.8B7.2B11.7B14.1B15.4B16.1B
Property Plant And Equipment Gross262.3M690.4M731.5M702.5M864.1M907.3M
Total Current Assets3.2B7.8B11.6B15.6B18.9B19.8B
Accumulated Other Comprehensive Income1.6M23.3M(16.4M)(523.1M)(378.3M)(359.4M)
Intangible Assets69.1M137.6M257.0M2.0B1.8B1.8B
Property Plant Equipment262.3M233.5M282.1M702.5M807.8M848.2M
Short Long Term Debt Total1.1B3.5B5.5B4.9B6.1B3.1B
Net Tangible Assets1.4B2.2B2.5B3.2B3.7B3.9B
Long Term Debt938.8M2.6B4.6B4.1B5.0B5.2B
Long Term Investments647.3M464.0M1.5B884.6M796.3M565.3M
Short Term Debt27.3M516.8M561.6M477.2M806.8M847.1M
Current Deferred Revenue38.1M44.9M48.5M141.9M167.0M175.4M
Capital Surpluse2.2B3.0B3.3B18.3B21.1B22.1B
Retained Earnings Total Equity(510.3M)(297.2M)(28.0M)(568.7M)(654.0M)(686.7M)

Currently Active Assets on Macroaxis

When determining whether Block Inc 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 Block 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 Block Inc Stock. Highlighted below are key reports to facilitate an investment decision about Block Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Block's price analysis, check to measure Block'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 Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.
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Is Block'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 Block. If investors know Block 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 Block 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
(1.00)
Earnings Share
0.02
Revenue Per Share
35.995
Quarterly Revenue Growth
0.241
Return On Assets
(0)
The market value of Block Inc is measured differently than its book value, which is the value of Block that is recorded on the company's balance sheet. Investors also form their own opinion of Block's value that differs from its market value or its book value, called intrinsic value, which is Block'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 Block's market value can be influenced by many factors that don't directly affect Block'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 Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Block'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.