Block Total Current Liabilities vs Common Stock Shares Outstanding Analysis

SQ Stock  USD 65.02  0.54  0.82%   
Block financial indicator trend analysis is way more than just evaluating Block Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Block Inc is a good investment. Please check the relationship between Block Total Current Liabilities and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block 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 producer price index.

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Block Inc Total Current Liabilities account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Block's Total Current Liabilities and Common Stock Shares Outstanding is 0.81. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Block Inc, assuming nothing else is changed. The correlation between historical values of Block's Total Current Liabilities and Common Stock Shares Outstanding 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 Current Liabilities of Block Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Liabilities i.e., Block's Total Current Liabilities and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Block balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Block Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Block's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Block 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Block 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 producer price index.
At this time, Block's Selling General Administrative is relatively stable compared to the past year. As of 05/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.12, though Tax Provision is likely to grow to (7.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.4B6.0B7.5B7.9B
Total Revenue17.7B17.5B21.9B23.0B

Block fundamental ratios Correlations

0.780.80.810.710.770.86-0.09-0.090.80.750.720.780.080.780.710.660.940.850.870.780.520.830.830.810.69
0.780.990.990.990.930.7-0.49-0.080.690.960.990.60.30.970.980.960.760.940.960.950.810.970.920.990.97
0.80.991.00.960.930.75-0.47-0.040.70.980.960.640.230.990.970.930.790.960.970.930.820.990.951.00.94
0.810.991.00.960.930.76-0.45-0.030.710.980.960.660.210.990.970.920.80.970.980.930.810.990.961.00.93
0.710.990.960.960.910.59-0.58-0.150.610.921.00.50.430.920.980.990.670.870.90.930.810.920.840.940.99
0.770.930.930.930.910.69-0.4-0.240.640.90.920.570.20.910.910.890.790.90.920.870.780.920.850.930.9
0.860.70.750.760.590.690.160.140.880.710.610.96-0.160.750.590.520.960.880.830.740.360.830.880.780.58
-0.09-0.49-0.47-0.45-0.58-0.40.160.260.21-0.54-0.540.29-0.59-0.49-0.65-0.60.09-0.23-0.34-0.27-0.82-0.34-0.29-0.43-0.52
-0.09-0.08-0.04-0.03-0.15-0.240.140.26-0.070.01-0.140.14-0.480.0-0.13-0.17-0.030.07-0.06-0.06-0.130.030.11-0.01-0.15
0.80.690.70.710.610.640.880.21-0.070.590.650.890.00.630.550.590.890.80.760.830.190.760.750.710.65
0.750.960.980.980.920.90.71-0.540.010.590.910.570.161.00.970.880.720.940.950.840.890.970.950.980.88
0.720.990.960.961.00.920.61-0.54-0.140.650.910.520.410.920.970.990.70.880.90.950.780.920.840.941.0
0.780.60.640.660.50.570.960.290.140.890.570.52-0.070.620.470.440.910.780.740.690.20.720.790.660.5
0.080.30.230.210.430.2-0.16-0.59-0.480.00.160.41-0.070.150.380.48-0.040.010.140.270.310.090.040.160.44
0.780.970.990.990.920.910.75-0.490.00.631.00.920.620.150.960.880.770.960.970.860.870.980.960.990.88
0.710.980.970.970.980.910.59-0.65-0.130.550.970.970.470.380.960.960.650.880.920.880.90.930.870.960.95
0.660.960.930.920.990.890.52-0.6-0.170.590.880.990.440.480.880.960.620.820.850.930.780.870.780.91.0
0.940.760.790.80.670.790.960.09-0.030.890.720.70.91-0.040.770.650.620.890.870.810.410.850.850.810.68
0.850.940.960.970.870.90.88-0.230.070.80.940.880.780.010.960.880.820.890.970.910.690.990.980.980.85
0.870.960.970.980.90.920.83-0.34-0.060.760.950.90.740.140.970.920.850.870.970.90.760.980.970.980.87
0.780.950.930.930.930.870.74-0.27-0.060.830.840.950.690.270.860.880.930.810.910.90.580.920.850.920.96
0.520.810.820.810.810.780.36-0.82-0.130.190.890.780.20.310.870.90.780.410.690.760.580.760.740.810.74
0.830.970.990.990.920.920.83-0.340.030.760.970.920.720.090.980.930.870.850.990.980.920.760.971.00.89
0.830.920.950.960.840.850.88-0.290.110.750.950.840.790.040.960.870.780.850.980.970.850.740.970.960.8
0.810.991.01.00.940.930.78-0.43-0.010.710.980.940.660.160.990.960.90.810.980.980.920.811.00.960.92
0.690.970.940.930.990.90.58-0.52-0.150.650.881.00.50.440.880.951.00.680.850.870.960.740.890.80.92
Click cells to compare fundamentals

Block Account Relationship Matchups

Block fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding466.1M482.2M501.8M578.9M614.0M438.7M
Total Assets4.6B9.9B13.9B31.4B34.1B35.8B
Other Current Liab1.5B3.3B4.6B7.4B8.8B9.2B
Total Current Liabilities1.7B4.1B5.4B8.4B9.9B10.4B
Total Stockholder Equity1.7B2.7B3.3B17.2B18.7B19.6B
Other Liab94.5M85.3M222.8M334.2M384.3M403.5M
Property Plant And Equipment Net262.3M690.4M731.5M702.5M540.8M360.1M
Net Debt27.8M335.4M1.1B400.2M(2.1B)(2.0B)
Retained Earnings(510.3M)(297.2M)(28.0M)(568.7M)(528.4M)(554.9M)
Accounts Payable95.8M239.4M254.6M462.5M151.0M153.1M
Cash1.0B3.2B4.4B4.5B8.2B8.6B
Non Current Assets Total1.2B2.0B3.1B15.5B15.2B16.0B
Non Currrent Assets Other196.4M499.3M370.5M484.2M194.3M196.9M
Other Assets86.4M90.5M(812.0M)275.4M247.8M260.2M
Cash And Short Term Investments1.5B3.9B5.3B5.6B9.0B9.5B
Net Receivables753.5M1.5B1.7B4.8B7.2B7.6B
Good Will266.3M316.7M519.3M12.0B11.9B12.5B
Short Term Investments492.5M695.1M869.3M1.1B851.9M479.7M
Liabilities And Stockholders Equity4.6B9.9B13.9B31.4B34.1B35.8B
Non Current Liabilities Total1.1B3.1B5.2B5.7B5.5B5.7B
Inventory47.7M61.1M77.1M97.7M110.1M115.6M
Other Current Assets250.4M383.1M687.4M2.1B1.3B1.3B
Other Stockholder Equity2.2B3.0B3.3B1.1B19.6B20.6B
Total Liab2.8B7.2B11.7B14.1B15.4B16.1B
Property Plant And Equipment Gross262.3M690.4M731.5M702.5M864.1M907.3M
Total Current Assets3.2B7.8B11.6B15.6B18.9B19.8B
Accumulated Other Comprehensive Income1.6M23.3M(16.4M)(523.1M)(378.3M)(359.4M)
Intangible Assets69.1M137.6M257.0M2.0B1.8B1.8B
Property Plant Equipment262.3M233.5M282.1M702.5M807.8M848.2M
Short Long Term Debt Total1.1B3.5B5.5B4.9B6.1B3.1B
Net Tangible Assets1.4B2.2B2.5B3.2B3.7B3.9B
Long Term Debt938.8M2.6B4.6B4.1B5.0B5.2B
Long Term Investments647.3M464.0M1.5B884.6M796.3M565.3M
Short Term Debt27.3M516.8M561.6M477.2M806.8M847.1M
Current Deferred Revenue38.1M44.9M48.5M141.9M167.0M175.4M
Capital Surpluse2.2B3.0B3.3B18.3B21.1B22.1B
Retained Earnings Total Equity(510.3M)(297.2M)(28.0M)(568.7M)(654.0M)(686.7M)

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When determining whether Block Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Block Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Block Inc Stock. Highlighted below are key reports to facilitate an investment decision about Block Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block 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 producer price index.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Block's price analysis, check to measure Block'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 Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.
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Is Block'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 Block. If investors know Block 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 Block 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
3.625
Earnings Share
0.59
Revenue Per Share
37.366
Quarterly Revenue Growth
0.194
Return On Assets
0.0033
The market value of Block Inc is measured differently than its book value, which is the value of Block that is recorded on the company's balance sheet. Investors also form their own opinion of Block's value that differs from its market value or its book value, called intrinsic value, which is Block'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 Block's market value can be influenced by many factors that don't directly affect Block'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 Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Block'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.