Foreign Accounts Payable vs Total Assets Analysis
BLX Stock | USD 30.52 0.02 0.07% |
Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foreign Trade Bank Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Foreign Trade's Accounts Payable and Total Assets is 0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Accounts Payable and Total 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 Foreign Trade Bank are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Foreign Trade's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Foreign Trade 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 Foreign Trade Bank 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 Assets
Total assets refers to the total amount of Foreign Trade assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Foreign Trade Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade Bank 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 Foreign Trade Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to rise to about 49.6 M in 2024, whereas Discontinued Operations is likely to drop (3.8 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 54.1M | 184.6M | 446.1M | 468.4M | Depreciation And Amortization | 3.5M | 2.7M | 3.1M | 2.5M |
Foreign Trade fundamental ratios Correlations
Click cells to compare fundamentals
Foreign Trade Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foreign Trade fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.2B | 6.3B | 8.0B | 9.3B | 10.7B | 6.3B | |
Short Long Term Debt Total | 3.1B | 2.0B | 3.3B | 6.6B | 4.7B | 3.0B | |
Total Current Liabilities | 1.6B | 393.3M | 1.6B | 62.5M | 2.9B | 3.1B | |
Total Stockholder Equity | 1.0B | 1.0B | 991.8M | 1.1B | 1.2B | 810.7M | |
Property Plant And Equipment Net | 18.8M | 16.2M | 17.8M | 17.3M | 16.8M | 9.0M | |
Net Debt | 2.0B | 1.1B | 2.1B | 5.4B | 2.6B | 2.3B | |
Retained Earnings | 446.1M | 464.1M | 487.9M | 543.6M | 673.3M | 339.0M | |
Accounts Payable | 15.8M | 11.2M | 12.6M | 62.5M | 5.1M | 4.9M | |
Cash | 1.2B | 863.8M | 1.3B | 1.2B | 2.0B | 2.1B | |
Non Current Assets Total | 109.0M | 416.3M | 851.3M | 1.0B | 8.3B | 8.7B | |
Non Currrent Assets Other | (109.0M) | (416.3M) | (851.3M) | (1.0B) | 14.0M | 14.7M | |
Other Assets | 5.9B | 5.0B | 5.9B | 7.0B | 8.0B | 4.6B | |
Cash And Short Term Investments | 1.2B | 863.8M | 1.3B | 1.2B | 2.0B | 2.1B | |
Net Receivables | 41.8M | 28.3M | 24.7M | 73.0M | 115.5M | 121.3M | |
Common Stock Shares Outstanding | 39.6M | 39.7M | 38.8M | 36.3M | 36.5M | 34.4M | |
Liabilities And Stockholders Equity | 7.2B | 6.3B | 8.0B | 9.3B | 10.7B | 6.3B | |
Non Current Liabilities Total | 3.1B | 2.0B | 3.3B | 62.5M | 6.6B | 6.9B | |
Other Stockholder Equity | 60.7M | 62.4M | 4.2M | 6.4M | 11.9M | 11.3M | |
Total Liab | 6.2B | 5.3B | 7.0B | 8.2B | 9.5B | 5.5B | |
Property Plant And Equipment Gross | 18.8M | 16.2M | 28.2M | 27.6M | 28.0M | 29.4M | |
Total Current Assets | 1.2B | 892.1M | 1.3B | 1.2B | 2.4B | 1.7B | |
Short Term Debt | 1.6B | 382.2M | 1.6B | 2.2B | 2.0B | 1.6B | |
Other Current Liab | (1.6B) | (393.3M) | (1.6B) | (2.2B) | 878.2M | 922.1M | |
Accumulated Other Comprehensive Income | 229.4M | 231.4M | 219.7M | 239.4M | 238.7M | 250.6M | |
Other Liab | 5.8M | 6.1M | 18.2M | 6.4M | 5.7M | 5.4M | |
Long Term Debt | 1.5B | 2.0B | 3.3B | 4.4B | 4.4B | 4.6B | |
Treasury Stock | (61.1M) | (59.7M) | (58.0M) | (115.8M) | (133.2M) | (139.8M) | |
Property Plant Equipment | 18.8M | 16.2M | 17.8M | 17.3M | 19.9M | 20.9M | |
Net Tangible Assets | 1.0B | 1.0B | 990.2M | 1.1B | 1.2B | 1.1B | |
Other Current Assets | 1.3B | 969.5M | 1.5B | 1.5B | 2.4B | 2.3B | |
Long Term Investments | 88.8M | 398.1M | 831.9M | 1.0B | 1.0B | 1.1B | |
Short Long Term Debt | 1.6B | 380.9M | 1.6B | 2.2B | 1.7B | 1.8B | |
Long Term Debt Total | 1.5B | 2.0B | 3.3B | 4.4B | 5.1B | 5.4B | |
Capital Surpluse | 120.4M | 120.4M | 120.0M | 120.5M | 138.6M | 132.2M | |
Intangible Assets | 1.4M | 2.0M | 1.6M | 2.1M | 2.6M | 2.3M | |
Inventory | (1.3B) | (969.5M) | (1.5B) | (1.6B) | (2.1B) | (2.0B) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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Is Foreign Trade'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 Foreign Trade. If investors know Foreign 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 Foreign Trade 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 0.378 | Dividend Share 1.5 | Earnings Share 4.93 | Revenue Per Share 6.988 | Quarterly Revenue Growth 0.316 |
The market value of Foreign Trade Bank is measured differently than its book value, which is the value of Foreign that is recorded on the company's balance sheet. Investors also form their own opinion of Foreign Trade's value that differs from its market value or its book value, called intrinsic value, which is Foreign Trade'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 Foreign Trade's market value can be influenced by many factors that don't directly affect Foreign Trade'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 Foreign Trade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foreign Trade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foreign Trade'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.