Box Total Operating Expenses vs Extraordinary Items Analysis
BOX Stock | USD 26.85 0.13 0.48% |
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 Total Operating Expenses and its Extraordinary Items 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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
Total Operating Expenses vs Extraordinary Items
Total Operating Expenses vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Box Inc Total Operating Expenses account and Extraordinary Items. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Box's Total Operating Expenses and Extraordinary Items is 0.83. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Extraordinary Items 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 Total Operating Expenses and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Box Inc are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Total Operating Expenses i.e., Box's Total Operating Expenses and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Extraordinary Items
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 tightly coupled 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.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.8M | 2.4M | 11.8M | 12.4M | Depreciation And Amortization | 78.2M | 66.0M | 51.2M | 50.6M |
Box fundamental ratios Correlations
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Box Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Box fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 955.1M | 1.4B | 1.4B | 1.2B | 1.2B | 849.4M | |
Short Long Term Debt Total | 424.5M | 648.2M | 642.3M | 564.4M | 491.8M | 293.7M | |
Other Current Liab | 59.3M | 66.7M | 54.7M | 44.1M | 36.9M | 53.9M | |
Total Current Liabilities | 578.5M | 612.8M | 719.0M | 715.8M | 679.3M | 463.5M | |
Total Stockholder Equity | 22.4M | 151.1M | 92.8M | (33.9M) | 61.0M | 64.1M | |
Other Liab | 30.6M | 37.3M | 23.8M | 35.0M | 40.3M | 43.8M | |
Property Plant And Equipment Net | 388.8M | 354.4M | 278.6M | 201.1M | 130.7M | 181.7M | |
Current Deferred Revenue | 407.5M | 443.9M | 519.5M | 544.2M | 562.9M | 343.3M | |
Net Debt | 229.0M | 53.1M | 226.1M | 136.0M | 107.5M | 112.9M | |
Retained Earnings | (1.3B) | (1.3B) | (1.4B) | (1.3B) | (1.2B) | (1.3B) | |
Accounts Payable | 16.8M | 4.5M | 58.9M | 50.5M | 52.7M | 55.4M | |
Cash | 195.6M | 595.1M | 416.3M | 428.5M | 384.3M | 309.4M | |
Non Current Assets Total | 497.4M | 472.4M | 475.4M | 400.4M | 444.8M | 293.8M | |
Non Currrent Assets Other | 89.9M | 99.3M | (47.6M) | 125.4M | 161.7M | 169.8M | |
Other Assets | 69.6M | 74.4M | 122.4M | 125.4M | 1.0 | 0.95 | |
Cash And Short Term Investments | 195.6M | 595.1M | 586.3M | 461.2M | 481.2M | 337.6M | |
Net Receivables | 209.4M | 228.3M | 256.3M | 264.5M | 281.5M | 175.5M | |
Common Stock Shares Outstanding | 147.8M | 155.8M | 155.6M | 150.2M | 148.6M | 136.5M | |
Liabilities And Stockholders Equity | 955.1M | 1.4B | 1.4B | 1.2B | 1.2B | 849.4M | |
Non Current Liabilities Total | 354.3M | 587.8M | 580.2M | 525.2M | 500.9M | 358.0M | |
Other Current Assets | 4.2M | 3.4M | 74.0M | 33.0M | 33.7M | 21.4M | |
Other Stockholder Equity | 1.3B | 1.5B | 972.0M | 819.0M | 785.4M | 893.0M | |
Total Liab | 932.8M | 1.2B | 1.3B | 1.2B | 1.2B | 821.5M | |
Property Plant And Equipment Gross | 388.8M | 354.4M | 278.6M | 201.1M | 208.2M | 188.9M | |
Total Current Assets | 457.7M | 879.3M | 916.6M | 806.8M | 796.4M | 555.6M | |
Accumulated Other Comprehensive Income | (307K) | (938K) | (4.5M) | (7.1M) | (9.7M) | (9.2M) | |
Short Term Debt | 95.0M | 97.7M | 85.8M | 77.1M | 26.8M | 45.0M | |
Intangible Assets | 25.1M | 24.8M | 37.1M | 12.1M | 46.8M | 49.1M | |
Property Plant Equipment | 191.0M | 354.4M | 278.6M | 201.1M | 231.3M | 165.4M | |
Net Tangible Assets | 3.6M | 107.5M | (469.6M) | (107.7M) | (97.0M) | (92.1M) | |
Deferred Long Term Liab | 62.8M | 66.5M | 72.9M | 72.0M | 82.8M | 64.5M | |
Retained Earnings Total Equity | (1.1B) | (1.3B) | (1.4B) | (1.3B) | (1.2B) | (1.3B) | |
Long Term Debt Total | 40M | 358.0M | 388.3M | 369.4M | 424.8M | 446.0M | |
Capital Surpluse | 1.3B | 1.5B | 972.0M | 819.0M | 941.8M | 1.2B |
Box Investors Sentiment
The influence of Box's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Box. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Box's public news can be used to forecast risks associated with an investment in Box. The trend in average sentiment can be used to explain how an investor holding Box can time the market purely based on public headlines and social activities around Box Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Box's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Box's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Box's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Box.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Box in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Box's short interest history, or implied volatility extrapolated from Box options trading.
Pair Trading with Box
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 Box 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 Box will appreciate offsetting losses from the drop in the long position's value.Moving against Box Stock
0.45 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Box could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Box 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 Box - 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 Box Inc to buy it.
The correlation of Box 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 Box moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Box Inc 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 Box 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.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 tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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.
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Is Box'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 Box. If investors know Box 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 Box 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 4.493 | Earnings Share 0.67 | Revenue Per Share 7.196 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0259 |
The market value of Box Inc is measured differently than its book value, which is the value of Box that is recorded on the company's balance sheet. Investors also form their own opinion of Box's value that differs from its market value or its book value, called intrinsic value, which is Box'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 Box's market value can be influenced by many factors that don't directly affect Box'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 Box's value and its price as these two are different measures arrived at by different means. Investors typically determine if Box is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Box'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.