Blue Payout Ratio vs Roic Analysis

BLBD Stock

USD 34.30 1.47 4.48%

Blue Bird financial indicator trend analysis is way more than just evaluating Blue Bird Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Bird Corp is a good investment. Please check the relationship between Blue Bird Payout Ratio and its Roic accounts. 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.

Payout Ratio vs Roic

Payout Ratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Bird Corp Payout Ratio account and Roic. At this time, the significance of the direction appears to have strong relationship.

The correlation between Blue Bird's Payout Ratio and Roic is 0.62. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Blue Bird Corp, assuming nothing else is changed. The correlation between historical values of Blue Bird's Payout Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Blue Bird Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Payout Ratio i.e., Blue Bird's Payout Ratio and Roic go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Blue Bird Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Blue Bird Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Blue Bird Corp is paying out more in dividends than it makes in net income.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Blue Bird's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is projected to decrease significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Total Revenue	800.6M	1.1B	1.3B	972.8M
Depreciation And Amortization	17.0M	16.0M	18.4M	12.2M

Total Revenue Depreciation And Amortization

Blue Bird fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Common Stock Shares Outstanding	Short Term Debt
Total Assets		0.86	0.94	0.07	0.72	0.44	-0.24	0.92	0.63	0.79	0.26	0.65	0.63	-0.41	-0.26	0.59	0.62	0.84	0.76	0.88	0.96	-0.72	-0.78	0.65	0.77	0.84
Other Current Liab	0.86		0.93	0.21	0.45	0.02	-0.13	0.91	0.87	0.53	0.08	0.47	0.87	-0.37	-0.29	0.27	0.46	0.66	0.69	0.68	0.91	-0.51	-0.65	0.32	0.54	0.63
Total Current Liabilities	0.94	0.93		0.13	0.59	0.28	-0.3	0.99	0.76	0.67	0.27	0.56	0.76	-0.24	-0.29	0.44	0.65	0.75	0.77	0.8	0.99	-0.71	-0.64	0.53	0.76	0.84
Total Stockholder Equity	0.07	0.21	0.13		0.08	-0.58	0.73	0.17	-0.01	0.04	-0.2	-0.44	-0.01	-0.14	-0.36	-0.65	0.38	-0.03	0.54	-0.38	0.16	-0.14	0.07	-0.56	-0.29	-0.02
Property Plant And Equipment Net	0.72	0.45	0.59	0.08		0.6	0.1	0.54	0.17	0.98	0.36	0.42	0.17	-0.35	-0.19	0.52	0.7	0.67	0.45	0.62	0.6	-0.82	-0.29	0.64	0.73	0.76
Net Debt	0.44	0.02	0.28	-0.58	0.6		-0.53	0.24	-0.08	0.65	0.61	0.54	-0.08	-0.09	-0.04	0.91	0.34	0.47	0.1	0.7	0.31	-0.6	-0.27	0.94	0.77	0.63
Retained Earnings	-0.24	-0.13	-0.3	0.73	0.1	-0.53		-0.3	-0.26	-0.01	-0.24	-0.66	-0.26	-0.2	-0.02	-0.61	0.04	-0.17	-0.02	-0.57	-0.27	0.16	0.31	-0.6	-0.53	-0.39
Accounts Payable	0.92	0.91	0.99	0.17	0.54	0.24	-0.3		0.74	0.61	0.24	0.53	0.74	-0.2	-0.28	0.39	0.65	0.73	0.79	0.76	0.98	-0.67	-0.65	0.48	0.72	0.81
Cash	0.63	0.87	0.76	-0.01	0.17	-0.08	-0.26	0.74		0.26	0.15	0.4	1.0	-0.11	-0.23	0.28	0.1	0.57	0.45	0.57	0.71	-0.3	-0.52	0.25	0.46	0.37
Non Current Assets Total	0.79	0.53	0.67	0.04	0.98	0.65	-0.01	0.61	0.26		0.42	0.49	0.26	-0.38	-0.29	0.62	0.69	0.71	0.54	0.72	0.68	-0.86	-0.4	0.72	0.79	0.82
Non Currrent Assets Other	0.26	0.08	0.27	-0.2	0.36	0.61	-0.24	0.24	0.15	0.42		-0.08	0.15	0.3	-0.15	0.58	0.31	0.34	0.2	0.35	0.28	-0.59	0.06	0.6	0.62	0.47
Other Assets	0.65	0.47	0.56	-0.44	0.42	0.54	-0.66	0.53	0.4	0.49	-0.08		0.4	-0.34	-0.17	0.66	0.18	0.54	0.32	0.82	0.55	-0.42	-0.67	0.69	0.66	0.58
Cash And Short Term Investments	0.63	0.87	0.76	-0.01	0.17	-0.08	-0.26	0.74	1.0	0.26	0.15	0.4		-0.11	-0.23	0.28	0.1	0.57	0.45	0.57	0.71	-0.3	-0.52	0.25	0.46	0.37
Net Receivables	-0.41	-0.37	-0.24	-0.14	-0.35	-0.09	-0.2	-0.2	-0.11	-0.38	0.3	-0.34	-0.11		0.16	-0.16	-0.23	-0.41	-0.24	-0.33	-0.29	0.16	0.46	-0.15	-0.07	-0.17
Good Will	-0.26	-0.29	-0.29	-0.36	-0.19	-0.04	-0.02	-0.28	-0.23	-0.29	-0.15	-0.17	-0.23	0.16		-0.08	-0.28	-0.18	-0.6	-0.19	-0.29	0.53	0.1	-0.15	-0.25	-0.28
Non Current Liabilities Total	0.59	0.27	0.44	-0.65	0.52	0.91	-0.61	0.39	0.28	0.62	0.58	0.66	0.28	-0.16	-0.08		0.17	0.63	0.17	0.86	0.46	-0.53	-0.52	0.97	0.8	0.6
Inventory	0.62	0.46	0.65	0.38	0.7	0.34	0.04	0.65	0.1	0.69	0.31	0.18	0.1	-0.23	-0.28	0.17		0.49	0.61	0.38	0.68	-0.8	-0.1	0.36	0.59	0.81
Other Current Assets	0.84	0.66	0.75	-0.03	0.67	0.47	-0.17	0.73	0.57	0.71	0.34	0.54	0.57	-0.41	-0.18	0.63	0.49		0.55	0.79	0.79	-0.63	-0.64	0.65	0.71	0.61
Other Stockholder Equity	0.76	0.69	0.77	0.54	0.45	0.1	-0.02	0.79	0.45	0.54	0.2	0.32	0.45	-0.24	-0.6	0.17	0.61	0.55		0.5	0.79	-0.68	-0.58	0.26	0.49	0.66
Total Liab	0.88	0.68	0.8	-0.38	0.62	0.7	-0.57	0.76	0.57	0.72	0.35	0.82	0.57	-0.33	-0.19	0.86	0.38	0.79	0.5		0.8	-0.63	-0.77	0.88	0.86	0.78
Total Current Assets	0.96	0.91	0.99	0.16	0.6	0.31	-0.27	0.98	0.71	0.68	0.28	0.55	0.71	-0.29	-0.29	0.46	0.68	0.79	0.79	0.8		-0.72	-0.67	0.54	0.75	0.84
Intangible Assets	-0.72	-0.51	-0.71	-0.14	-0.82	-0.6	0.16	-0.67	-0.3	-0.86	-0.59	-0.42	-0.3	0.16	0.53	-0.53	-0.8	-0.63	-0.68	-0.63	-0.72		0.23	-0.68	-0.86	-0.89
Common Stock	-0.78	-0.65	-0.64	0.07	-0.29	-0.27	0.31	-0.65	-0.52	-0.4	0.06	-0.67	-0.52	0.46	0.1	-0.52	-0.1	-0.64	-0.58	-0.77	-0.67	0.23		-0.46	-0.41	-0.43
Short Long Term Debt Total	0.65	0.32	0.53	-0.56	0.64	0.94	-0.6	0.48	0.25	0.72	0.6	0.69	0.25	-0.15	-0.15	0.97	0.36	0.65	0.26	0.88	0.54	-0.68	-0.46		0.9	0.73
Common Stock Shares Outstanding	0.77	0.54	0.76	-0.29	0.73	0.77	-0.53	0.72	0.46	0.79	0.62	0.66	0.46	-0.07	-0.25	0.8	0.59	0.71	0.49	0.86	0.75	-0.86	-0.41	0.9		0.9
Short Term Debt	0.84	0.63	0.84	-0.02	0.76	0.63	-0.39	0.81	0.37	0.82	0.47	0.58	0.37	-0.17	-0.28	0.6	0.81	0.61	0.66	0.78	0.84	-0.89	-0.43	0.73	0.9

Click cells to compare fundamentals

Blue Bird Account Relationship Matchups

Blue Bird fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	317.4M	356.0M	366.1M	417.8M	480.4M	318.6M
Other Current Liab	34.3M	28.5M	29.3M	64.0M	73.6M	38.3M
Total Current Liabilities	111.6M	124.8M	164.8M	229.6M	264.1M	143.7M
Total Stockholder Equity	(53.2M)	(32.7M)	1.4M	40.0M	36.0M	37.8M
Property Plant And Equipment Net	110.4M	111.0M	102.3M	96.1M	110.6M	71.9M
Net Debt	136.8M	203.6M	161.9M	52.9M	60.9M	92.1M
Retained Earnings	(33.5M)	(33.8M)	(79.5M)	(55.7M)	(50.1M)	(52.6M)
Accounts Payable	57.6M	72.3M	107.9M	137.1M	157.7M	88.0M
Cash	44.5M	11.7M	10.5M	79.0M	90.8M	48.6M
Non Current Assets Total	200.5M	199.9M	191.7M	181.7M	209.0M	175.4M
Non Currrent Assets Other	1.0M	1.5M	1.5M	1.5M	1.7M	1.8M
Other Assets	4.0M	26.7M	5.9M	12.4M	14.2M	15.0M
Cash And Short Term Investments	44.5M	11.7M	10.5M	79.0M	90.8M	48.6M
Net Receivables	7.6M	10.0M	12.5M	12.6M	11.3M	11.0M
Non Current Liabilities Total	259.0M	263.9M	200.0M	148.1M	170.4M	196.0M
Inventory	56.5M	125.2M	143.0M	135.3M	155.6M	88.4M
Other Current Assets	8.2M	9.2M	8.5M	9.2M	10.6M	8.1M
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	347.2M
Total Current Assets	116.9M	156.1M	174.5M	236.1M	271.5M	153.4M
Intangible Assets	51.6M	49.4M	47.4M	45.4M	40.9M	45.0M
Short Long Term Debt Total	181.3M	215.3M	172.3M	131.9M	151.7M	153.6M
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	323.5M
Accumulated Other Comprehensive Income	(58.4M)	(44.8M)	(41.9M)	(31.9M)	(36.7M)	(38.5M)
Short Term Debt	11.2M	16.2M	20.4M	20.4M	23.4M	12.3M
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
Current Deferred Revenue	8.5M	7.8M	7.2M	8.1M	9.3M	7.1M
Long Term Debt	164.2M	194.6M	150.4M	110.5M	99.5M	127.7M
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
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

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 against Blue Stock

0.72	DSHK	Drive Shack	Pair Corr
0.71	JL	J Long Group	Pair Corr
0.65	LOT	Lotus Technology American	Pair Corr
0.58	F-PC	Ford Motor	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Blue Bird Corp is a strong investment it is important to analyze Blue Bird's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blue Bird's future performance. For an informed investment choice regarding Blue Stock, refer to the following important reports:

How To Invest In Blue

Details

Is Blue Stock a good investment?

Details

What is Blue Bird's Net Worth?

Details

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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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.

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Blue Payout Ratio vs Roic Analysis

Payout Ratio vs Roic

Payout Ratio vs Roic Correlation Analysis

Correlation Coefficient

Payout Ratio

Roic

Blue Bird fundamental ratios Correlations

Blue Bird Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Blue Bird fundamental ratios Accounts

Pair Trading with Blue Bird

Moving against Blue Stock

Complementary Tools for Blue Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Accounts Payable
Short Long Term Debt Total	+ 0.97	Non Current Liabilities Total

Short Term Debt	- 0.89	Intangible Assets
Common Stock Shares Outstanding	- 0.86	Intangible Assets
Intangible Assets	- 0.86	Non Current Assets Total
Intangible Assets	- 0.82	Property Plant And Equipment Net
Intangible Assets	- 0.8	Inventory
Common Stock	- 0.78	Total Assets