BlueLinx Other Current Liab vs Property Plant Equipment Analysis

BXC Stock  USD 98.93  0.58  0.58%   
BlueLinx Holdings financial indicator trend analysis is way more than just evaluating BlueLinx Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlueLinx Holdings is a good investment. Please check the relationship between BlueLinx Holdings Other Current Liab and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlueLinx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.

Other Current Liab vs Property Plant Equipment

Other Current Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlueLinx Holdings Other Current Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between BlueLinx Holdings' Other Current Liab and Property Plant Equipment is 0.6. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of BlueLinx Holdings, assuming nothing else is changed. The correlation between historical values of BlueLinx Holdings' Other Current Liab and Property Plant Equipment 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 Current Liab of BlueLinx Holdings are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Liab i.e., BlueLinx Holdings' Other Current Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Property Plant Equipment

Most indicators from BlueLinx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlueLinx Holdings 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 BlueLinx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.The current year's Enterprise Value is expected to grow to about 702.6 M, whereas Selling General Administrative is forecasted to decline to about 226.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit778.4M833.0M527.0M406.5M
Total Revenue4.3B4.5B3.1B2.5B

BlueLinx Holdings fundamental ratios Correlations

0.680.10.3-0.110.70.620.810.860.650.92-0.040.910.620.930.290.620.80.620.90.580.890.98-0.710.88-0.09
0.680.52-0.290.310.02-0.060.330.35-0.040.62-0.70.50.770.480.040.770.49-0.060.590.20.830.73-0.310.55-0.14
0.10.52-0.690.96-0.47-0.6-0.22-0.07-0.370.3-0.46-0.01-0.080.06-0.14-0.080.29-0.540.14-0.260.10.070.060.25-0.13
0.3-0.29-0.69-0.640.710.740.580.490.670.110.560.420.060.370.020.060.180.730.30.410.130.29-0.440.15-0.27
-0.110.310.96-0.64-0.54-0.67-0.34-0.19-0.430.12-0.33-0.14-0.29-0.11-0.23-0.290.19-0.60.01-0.32-0.1-0.140.160.08-0.13
0.70.02-0.470.71-0.540.980.80.810.970.660.590.810.280.820.390.280.570.990.680.70.550.63-0.690.670.09
0.62-0.06-0.60.74-0.670.980.740.710.930.540.60.710.30.730.420.30.440.990.590.690.490.56-0.640.570.17
0.810.33-0.220.58-0.340.80.740.930.770.670.280.890.380.810.250.380.790.740.760.650.650.79-0.690.6-0.2
0.860.35-0.070.49-0.190.810.710.930.80.790.30.950.320.870.140.320.860.730.820.610.670.82-0.60.74-0.16
0.65-0.04-0.370.67-0.430.970.930.770.80.660.640.780.170.830.360.170.560.950.620.650.460.55-0.660.680.01
0.920.620.30.110.120.660.540.670.790.660.040.870.470.950.30.470.810.580.860.530.820.85-0.690.98-0.03
-0.04-0.7-0.460.56-0.330.590.60.280.30.640.040.19-0.570.220.28-0.570.190.630.140.33-0.28-0.14-0.270.090.21
0.910.5-0.010.42-0.140.810.710.890.950.780.870.190.480.920.230.480.860.730.890.660.820.86-0.720.83-0.13
0.620.77-0.080.06-0.290.280.30.380.320.170.47-0.570.480.440.11.00.180.250.410.330.840.67-0.30.43-0.04
0.930.480.060.37-0.110.820.730.810.870.830.950.220.920.440.350.440.790.770.860.630.790.85-0.760.94-0.09
0.290.04-0.140.02-0.230.390.420.250.140.360.30.280.230.10.350.10.290.420.30.270.240.25-0.630.280.57
0.620.77-0.080.06-0.290.280.30.380.320.170.47-0.570.481.00.440.10.180.250.410.330.840.67-0.30.43-0.04
0.80.490.290.180.190.570.440.790.860.560.810.190.860.180.790.290.180.470.870.440.630.76-0.660.73-0.05
0.62-0.06-0.540.73-0.60.990.990.740.730.950.580.630.730.250.770.420.250.470.610.680.480.56-0.670.610.13
0.90.590.140.30.010.680.590.760.820.620.860.140.890.410.860.30.410.870.610.660.810.88-0.70.80.01
0.580.2-0.260.41-0.320.70.690.650.610.650.530.330.660.330.630.270.330.440.680.660.540.55-0.540.460.14
0.890.830.10.13-0.10.550.490.650.670.460.82-0.280.820.840.790.240.840.630.480.810.540.89-0.590.77-0.03
0.980.730.070.29-0.140.630.560.790.820.550.85-0.140.860.670.850.250.670.760.560.880.550.89-0.660.8-0.09
-0.71-0.310.06-0.440.16-0.69-0.64-0.69-0.6-0.66-0.69-0.27-0.72-0.3-0.76-0.63-0.3-0.66-0.67-0.7-0.54-0.59-0.66-0.680.08
0.880.550.250.150.080.670.570.60.740.680.980.090.830.430.940.280.430.730.610.80.460.770.8-0.68-0.05
-0.09-0.14-0.13-0.27-0.130.090.17-0.2-0.160.01-0.030.21-0.13-0.04-0.090.57-0.04-0.050.130.010.14-0.03-0.090.08-0.05
Click cells to compare fundamentals

BlueLinx Holdings Account Relationship Matchups

BlueLinx Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets971.4M1.0B1.3B1.5B1.5B909.0M
Total Stockholder Equity(26.1M)59.1M363.2M590.0M634.3M666.0M
Other Assets69.1M83.2M80.2M71.4M64.3M86.6M
Common Stock Shares Outstanding9.4M9.5M9.9M9.4M9.0M6.5M
Liabilities And Stockholders Equity971.4M1.0B1.3B1.5B1.5B909.0M
Other Stockholder Equity261.0M266.7M268.1M200.7M165.1M243.6M
Total Liab997.5M989.0M954.2M900.0M903.3M658.7M
Short Long Term Debt Total668.0M646.6M615.7M612.9M618.0M477.3M
Other Current Liab19.0M46.9M46.8M40.6M39.2M23.2M
Total Current Liabilities171.1M229.0M243.8M210.7M218.6M143.8M
Other Liab129.3M126.3M107.8M90.9M104.6M56.6M
Property Plant And Equipment Net250.2M229.9M230.7M251.3M263.2M187.4M
Net Debt656.4M646.5M530.5M314.0M96.2M91.4M
Accounts Payable132.3M165.2M180M151.6M157.9M131.2M
Cash11.6M82K85.2M298.9M521.7M547.8M
Non Current Assets Total393.4M379.7M372.3M413.1M417.2M252.7M
Non Currrent Assets Other15.1M20.3M19.9M15.3M14.6M13.3M
Cash And Short Term Investments11.6M82K85.2M298.9M521.7M547.8M
Net Receivables192.9M293.6M339.6M251.6M228.4M167.8M
Non Current Liabilities Total826.4M760.0M710.4M689.3M684.8M502.8M
Inventory345.8M342.1M488.5M484.3M343.6M326.5M
Other Current Assets27.7M32.6M31.9M42.1M26.6M33.0M
Property Plant And Equipment Gross250.2M229.9M367.8M406.6M433.5M455.2M
Total Current Assets578.0M668.4M945.2M1.1B1.1B653.8M
Accumulated Other Comprehensive Income(37.1M)(34.6M)(36.0M)(29.4M)(31.4M)0.0
Short Term Debt15.9M12.9M13.0M14.5M17.5M26.8M
Property Plant Equipment308.1M229.9M230.7M251.3M289.0M184.0M
Current Deferred Revenue5.3M3.9M4.0M3.9M3.5M4.9M
Retained Earnings(252.6M)(171.7M)124.4M420.6M469.1M492.6M
Long Term Debt458.4M321.3M291.3M292.4M293.7M311.2M
Common Stock Total Equity92K94K95K97K81K77.0K
Common Stock92K94K95K97K87K82.7K
Intangible Assets26.4M18.9M13.6M35.0M30.8M32.3M
Net Tangible Assets(100.2M)(7.6M)301.9M499.7M574.6M603.3M
Retained Earnings Total Equity(252.6M)(171.7M)124.4M420.6M483.7M507.9M
Capital Surpluse261.0M266.7M268.1M200.7M230.9M270.4M
Non Current Liabilities Other367.9M25.6M22.0M20.5M17.6M16.8M

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Additional Information and Resources on Investing in BlueLinx Stock

When determining whether BlueLinx Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlueLinx Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bluelinx Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bluelinx Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlueLinx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Trading Companies & Distributors 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 BlueLinx Holdings. If investors know BlueLinx 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 BlueLinx Holdings 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
0.031
Earnings Share
5.45
Revenue Per Share
344.913
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0513
The market value of BlueLinx Holdings is measured differently than its book value, which is the value of BlueLinx that is recorded on the company's balance sheet. Investors also form their own opinion of BlueLinx Holdings' value that differs from its market value or its book value, called intrinsic value, which is BlueLinx Holdings' 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 BlueLinx Holdings' market value can be influenced by many factors that don't directly affect BlueLinx Holdings' 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 BlueLinx Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if BlueLinx Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlueLinx Holdings' 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.