Blue Historical Balance Sheet
BLBD Stock | USD 33.98 0.04 0.12% |
Trend analysis of Blue Bird Corp balance sheet accounts such as Short Long Term Debt Total of 167.5 M, Other Current Liabilities of 77.3 M or Total Current Liabilities of 135.7 M provides information on Blue Bird's total assets, liabilities, and equity, which is the actual value of Blue Bird Corp to its prevalent stockholders. By breaking down trends over time using Blue Bird balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Blue Bird Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Blue Bird Corp is a good buy for the upcoming year.
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About Blue Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Blue Bird Corp at a specified time, usually calculated after every quarter, six months, or one year. Blue Bird Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blue Bird and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Blue currently owns. An asset can also be divided into two categories, current and non-current.
Blue Bird Balance Sheet Chart
Blue Bird Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Blue Bird Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Blue Bird's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 48.3 M, whereas Total Current Liabilities is forecasted to decline to about 135.7 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Blue Bird 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 Blue Bird Corp 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.Total Current Liabilities
Total Current Liabilities is an item on Blue Bird balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blue Bird Corp 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.Most accounts from Blue Bird's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Blue Bird Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Blue Bird Corp. 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 labor statistics. At present, Blue Bird's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 48.3 M, whereas Total Current Liabilities is forecasted to decline to about 135.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 172.3M | 131.9M | 151.7M | 167.5M | Total Assets | 366.1M | 417.8M | 480.4M | 308.7M |
Blue Bird balance sheet Correlations
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Blue Bird Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Bird balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 317.4M | 356.0M | 366.1M | 417.8M | 480.4M | 308.7M | |
Short Long Term Debt Total | 181.3M | 215.3M | 172.3M | 131.9M | 151.7M | 167.5M | |
Other Current Liab | 34.3M | 28.5M | 29.3M | 64.0M | 73.6M | 77.3M | |
Total Current Liabilities | 111.6M | 124.8M | 164.8M | 229.6M | 264.1M | 135.7M | |
Total Stockholder Equity | (53.2M) | (32.7M) | 1.4M | 40.0M | 46.0M | 48.3M | |
Net Debt | 136.8M | 203.6M | 161.9M | 52.9M | 60.9M | 107.8M | |
Cash | 44.5M | 11.7M | 10.5M | 79.0M | 90.8M | 95.4M | |
Cash And Short Term Investments | 44.5M | 11.7M | 10.5M | 79.0M | 90.8M | 95.4M | |
Common Stock Shares Outstanding | 27.1M | 27.1M | 31.0M | 32.3M | 37.1M | 25.1M | |
Liabilities And Stockholders Equity | 317.4M | 356.0M | 366.1M | 417.8M | 480.4M | 308.7M | |
Non Current Liabilities Total | 259.0M | 263.9M | 200.0M | 148.1M | 170.4M | 203.1M | |
Other Current Assets | 8.2M | 9.2M | 8.5M | 9.2M | 10.6M | 7.7M | |
Other Stockholder Equity | 38.6M | 45.9M | 122.8M | 127.6M | 146.7M | 154.1M | |
Total Liab | 370.6M | 388.7M | 364.7M | 377.8M | 434.4M | 338.8M | |
Total Current Assets | 116.9M | 156.1M | 174.5M | 236.1M | 271.5M | 143.5M | |
Short Term Debt | 11.2M | 16.2M | 20.4M | 20.4M | 23.4M | 13.2M | |
Other Liab | 78.7M | 82.3M | 64.8M | 43.4M | 39.1M | 56.8M | |
Net Tangible Assets | (67.8M) | (53.2M) | (32.7M) | 1.4M | 1.6M | 1.7M | |
Retained Earnings | (33.5M) | (33.8M) | (79.5M) | (55.7M) | (64.1M) | (67.3M) | |
Accounts Payable | 57.6M | 72.3M | 107.9M | 137.1M | 157.7M | 90.4M | |
Non Current Assets Total | 200.5M | 199.9M | 191.7M | 181.7M | 209.0M | 181.7M | |
Non Currrent Assets Other | 1.0M | 1.5M | 1.5M | 1.5M | 1.4M | 1.3M | |
Other Assets | 4.0M | 26.7M | 5.9M | 12.4M | 11.2M | 10.1M | |
Long Term Debt | 164.2M | 194.6M | 150.4M | 110.5M | 99.5M | 127.7M | |
Net Receivables | 7.6M | 10.0M | 12.5M | 12.6M | 11.3M | 11.4M | |
Retained Earnings Total Equity | (45.6M) | (33.5M) | (33.8M) | (79.5M) | (71.6M) | (75.1M) | |
Capital Surpluse | 84.3M | 88.9M | 96.2M | 173.1M | 199.1M | 209.0M | |
Inventory | 56.5M | 125.2M | 143.0M | 135.3M | 155.6M | 93.1M | |
Deferred Long Term Liab | 15.6M | 14.3M | 16.0M | 11.6M | 13.3M | 12.3M | |
Long Term Investments | 14.3M | 14.8M | 10.7M | 17.6M | 20.3M | 13.9M | |
Accumulated Other Comprehensive Income | (58.4M) | (44.8M) | (41.9M) | (31.9M) | (36.7M) | (38.5M) | |
Intangible Assets | 51.6M | 49.4M | 47.4M | 45.4M | 40.9M | 45.0M | |
Property Plant Equipment | 100.1M | 103.4M | 105.5M | 100.6M | 115.7M | 73.7M |
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 Blue Bird 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, Blue Bird's short interest history, or implied volatility extrapolated from Blue Bird options trading.
Pair Trading with Blue Bird
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 Blue Bird 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 Blue Bird will appreciate offsetting losses from the drop in the long position's value.Moving together with Blue Stock
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The ability to find closely correlated positions to Blue Bird could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Bird 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 Blue Bird - 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 Blue Bird Corp to buy it.
The correlation of Blue Bird 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 Blue Bird moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Bird Corp 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 Blue Bird 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 Blue Bird Corp. 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 labor statistics. Note that the Blue Bird Corp information on this page should be used as a complementary analysis to other Blue Bird's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Blue Stock analysis
When running Blue Bird's price analysis, check to measure Blue Bird'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 Blue Bird is operating at the current time. Most of Blue Bird's value examination focuses on studying past and present price action to predict the probability of Blue Bird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Bird's price. Additionally, you may evaluate how the addition of Blue Bird to your portfolios can decrease your overall portfolio volatility.
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Is Blue Bird'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 Blue Bird. If investors know Blue 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 Blue Bird 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 2.351 | Earnings Share 1.9 | Revenue Per Share 37.832 | Quarterly Revenue Growth 0.348 | Return On Assets 0.1571 |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird'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 Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird'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 Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird'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.