Bowlero Accounts Payable vs Total Current Assets Analysis
BOWL Stock | USD 12.21 0.42 3.33% |
Bowlero Corp financial indicator trend analysis is way more than just evaluating Bowlero Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bowlero Corp is a good investment. Please check the relationship between Bowlero Corp Accounts Payable and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowlero Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Bowlero Stock please use our How to buy in Bowlero Stock guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowlero Corp Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bowlero Corp's Accounts Payable and Total Current Assets is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Bowlero Corp, assuming nothing else is changed. The correlation between historical values of Bowlero Corp's Accounts Payable and Total 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 Accounts Payable of Bowlero Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Bowlero Corp's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Bowlero Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bowlero Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Bowlero Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bowlero Corp 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 Bowlero Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Bowlero Stock please use our How to buy in Bowlero Stock guide.Enterprise Value is expected to rise to about 5.2 B this year, although the value of Tax Provision will most likely fall to (29.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 911.7M | 1.1B | 1.2B | 864.0M | Depreciation And Amortization | 107.0M | 140.2M | 180.2M | 128.4M |
Bowlero Corp fundamental ratios Correlations
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Bowlero Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bowlero Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 40.8M | 57.3M | 61.4M | 65.6M | 90.3M | 54.7M | |
Total Current Liabilities | 71.4M | 107.4M | 119.2M | 168.7M | 182.8M | 118.8M | |
Other Liab | 220.2M | 563.7M | 280.3M | 141.6M | 162.8M | 246.2M | |
Net Tangible Assets | (676.7M) | (1.1B) | (654.4M) | (707.2M) | (636.5M) | (668.3M) | |
Retained Earnings | (102.7M) | (266.5M) | (312.9M) | (219.7M) | (303.2M) | (288.0M) | |
Accounts Payable | 17.0M | 29.5M | 38.2M | 53.5M | 50.5M | 34.4M | |
Other Assets | 43.1M | 42.6M | 41.0M | 85.9M | 98.8M | 103.7M | |
Net Receivables | 3.8M | 3.3M | 5.2M | 3.1M | 6.8M | 3.9M | |
Inventory | 8.2M | 8.3M | 10.3M | 11.5M | 13.2M | 9.8M | |
Other Current Assets | 9.0M | 8.7M | 21.5M | 33.0M | 27.1M | 17.2M | |
Other Stockholder Equity | 271.8M | (9.4M) | 300.5M | 370.7M | 125.7M | 188.1M | |
Total Current Assets | 161.6M | 207.4M | 169.3M | 230.7M | 114.0M | 166.0M | |
Property Plant Equipment | 743.7M | 708.8M | 797.4M | 1.7B | 1.9B | 2.0B | |
Total Assets | 1.8B | 1.8B | 1.9B | 2.8B | 3.1B | 2.4B | |
Short Long Term Debt Total | 1.2B | 1.3B | 1.3B | 2.3B | 2.9B | 1.8B | |
Total Stockholder Equity | 443.8M | 330.1M | 192.3M | 299.6M | (49.9M) | (47.4M) | |
Property Plant And Equipment Net | 743.7M | 708.8M | 797.4M | 1.7B | 2.0B | 1.2B | |
Net Debt | 1.1B | 1.1B | 1.1B | 2.1B | 2.8B | 1.7B | |
Cash | 140.7M | 187.1M | 132.2M | 195.6M | 67.0M | 111.6M | |
Non Current Assets Total | 1.6B | 1.6B | 1.7B | 2.6B | 3.0B | 2.2B | |
Non Currrent Assets Other | 43.0M | (62.3M) | 21.7M | 7.7M | 9.9M | 9.3M | |
Cash And Short Term Investments | 140.7M | 187.1M | 132.2M | 195.6M | 67.0M | 111.6M | |
Good Will | 724.9M | 726.2M | 742.7M | 753.5M | 833.9M | 839.8M | |
Common Stock Shares Outstanding | 165.4M | 146.8M | 155.8M | 175.8M | 151.3M | 146.9M | |
Liabilities And Stockholders Equity | 1.8B | 1.8B | 1.9B | 2.8B | 3.1B | 2.4B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.5B | 2.4B | 3.0B | 2.0B | |
Total Liab | 1.3B | 1.5B | 1.7B | 2.5B | 3.2B | 2.1B | |
Accumulated Other Comprehensive Income | (19.0M) | (9.4M) | (1.3M) | 4.2M | 220K | 231K | |
Short Term Debt | 5.3M | 5.1M | 8.0M | 36.5M | 39.6M | 41.6M | |
Intangible Assets | 101.8M | 96.1M | 104.0M | 108.9M | 47.1M | 74.8M |
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Is Hotels, Restaurants & Leisure space 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 Bowlero Corp. If investors know Bowlero 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 Bowlero Corp 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 0.404 | Dividend Share 0.11 | Earnings Share (0.57) | Revenue Per Share 8.048 | Quarterly Revenue Growth 0.144 |
The market value of Bowlero Corp is measured differently than its book value, which is the value of Bowlero that is recorded on the company's balance sheet. Investors also form their own opinion of Bowlero Corp's value that differs from its market value or its book value, called intrinsic value, which is Bowlero Corp'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 Bowlero Corp's market value can be influenced by many factors that don't directly affect Bowlero Corp'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 Bowlero Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bowlero Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bowlero Corp'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.