BOX Stock | | | USD 34.48 0.74 2.19% |
Box financial indicator trend analysis is way more than just evaluating Box Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Box Inc is a good investment. Please check the relationship between Box Property Plant And Equipment Gross and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Box Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Property Plant And Equipment Gross vs Other Current Assets
Property Plant And Equipment Gross vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Box Inc Property Plant And Equipment Gross account and
Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Box's Property Plant And Equipment Gross and Other Current Assets is 0.15. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Box Inc, assuming nothing else is changed. The correlation between historical values of Box's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Box 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 Property Plant And Equipment Gross i.e., Box's Property Plant And Equipment Gross and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant And Equipment Gross
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 Box's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Box 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Box Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Box's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 39.63 in 2024, whereas
Selling General Administrative is likely to drop slightly above 95.8
M in 2024.
Box fundamental ratios Correlations
Click cells to compare fundamentals
Box Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Box fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Box Stock Analysis
When running Box's price analysis, check to
measure Box'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 Box is operating at the current time. Most of Box's value examination focuses on studying past and present price action to
predict the probability of Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Box's price. Additionally, you may evaluate how the addition of Box to your portfolios can decrease your overall portfolio volatility.