Boyd Gaming Stock Current Liabilities

BYD Stock  USD 62.89  0.70  1.10%   
Boyd Gaming fundamentals help investors to digest information that contributes to Boyd Gaming's financial success or failures. It also enables traders to predict the movement of Boyd Stock. The fundamental analysis module provides a way to measure Boyd Gaming's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Boyd Gaming stock.
The current year's Non Current Liabilities Other is expected to grow to about 69.4 M, whereas Total Current Liabilities is forecasted to decline to about 379.1 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Boyd Gaming Company Current Liabilities Analysis

Boyd Gaming's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Boyd Gaming Current Liabilities

    
  355.07 M  
Most of Boyd Gaming's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Boyd Gaming is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Boyd Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Boyd Gaming is extremely important. It helps to project a fair market value of Boyd Stock properly, considering its historical fundamentals such as Current Liabilities. Since Boyd Gaming's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Boyd Gaming's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Boyd Gaming's interrelated accounts and indicators.
0.490.910.220.580.460.720.960.820.480.870.550.730.65-0.02-0.070.00.23-0.04-0.15-0.380.280.40.350.01-0.02
0.490.140.890.620.810.470.260.620.240.480.33-0.050.240.16-0.650.51-0.6-0.540.24-0.790.580.550.67-0.16-0.65
0.910.14-0.130.30.220.670.980.640.50.810.560.920.59-0.20.16-0.260.550.18-0.43-0.150.00.250.230.060.16
0.220.89-0.130.530.880.160.00.410.340.22-0.07-0.290.070.28-0.510.67-0.63-0.840.52-0.620.720.470.59-0.2-0.84
0.580.620.30.530.490.580.40.660.250.610.190.060.160.39-0.370.26-0.28-0.390.27-0.560.520.330.29-0.12-0.17
0.460.810.220.880.490.30.320.50.550.420.080.10.320.11-0.260.43-0.35-0.80.33-0.490.740.430.55-0.21-0.85
0.720.470.670.160.580.30.660.70.230.930.80.470.04-0.26-0.5-0.140.010.14-0.46-0.690.20.420.48-0.07-0.02
0.960.260.980.00.40.320.660.720.510.820.540.870.65-0.130.12-0.150.440.08-0.3-0.190.120.310.260.070.09
0.820.620.640.410.660.50.70.720.440.810.450.390.32-0.01-0.370.39-0.01-0.160.0-0.60.460.810.530.36-0.13
0.480.240.50.340.250.550.230.510.440.39-0.140.380.3-0.030.120.170.26-0.50.08-0.150.420.350.28-0.01-0.36
0.870.480.810.220.610.420.930.820.810.390.680.60.25-0.17-0.32-0.080.150.01-0.28-0.550.310.490.54-0.05-0.05
0.550.330.56-0.070.190.080.80.540.45-0.140.680.520.16-0.4-0.41-0.28-0.060.44-0.68-0.48-0.080.250.290.050.06
0.73-0.050.92-0.290.060.10.470.870.390.380.60.520.63-0.310.34-0.410.690.27-0.590.03-0.250.050.130.10.17
0.650.240.590.070.160.320.040.650.320.30.250.160.630.070.38-0.140.28-0.040.020.090.03-0.04-0.05-0.020.02
-0.020.16-0.20.280.390.11-0.26-0.13-0.01-0.03-0.17-0.4-0.310.070.060.39-0.22-0.450.630.10.26-0.11-0.13-0.22-0.05
-0.07-0.650.16-0.51-0.37-0.26-0.50.12-0.370.12-0.32-0.410.340.380.06-0.360.630.10.050.79-0.25-0.47-0.560.030.31
0.00.51-0.260.670.260.43-0.14-0.150.390.17-0.08-0.28-0.41-0.140.39-0.36-0.45-0.610.52-0.340.460.660.420.35-0.52
0.23-0.60.55-0.63-0.28-0.350.010.44-0.010.260.15-0.060.690.28-0.220.63-0.450.4-0.420.42-0.53-0.16-0.10.170.5
-0.04-0.540.18-0.84-0.39-0.80.140.08-0.16-0.50.010.440.27-0.04-0.450.1-0.610.4-0.650.19-0.73-0.23-0.310.230.84
-0.150.24-0.430.520.270.33-0.46-0.30.00.08-0.28-0.68-0.590.020.630.050.52-0.42-0.650.160.60.05-0.06-0.18-0.28
-0.38-0.79-0.15-0.62-0.56-0.49-0.69-0.19-0.6-0.15-0.55-0.480.030.090.10.79-0.340.420.190.16-0.31-0.57-0.680.040.37
0.280.580.00.720.520.740.20.120.460.420.31-0.08-0.250.030.26-0.250.46-0.53-0.730.6-0.310.40.17-0.1-0.59
0.40.550.250.470.330.430.420.310.810.350.490.250.05-0.04-0.11-0.470.66-0.16-0.230.05-0.570.40.680.59-0.31
0.350.670.230.590.290.550.480.260.530.280.540.290.13-0.05-0.13-0.560.42-0.1-0.31-0.06-0.680.170.680.0-0.5
0.01-0.160.06-0.2-0.12-0.21-0.070.070.36-0.01-0.050.050.1-0.02-0.220.030.350.170.23-0.180.04-0.10.590.00.19
-0.02-0.650.16-0.84-0.17-0.85-0.020.09-0.13-0.36-0.050.060.170.02-0.050.31-0.520.50.84-0.280.37-0.59-0.31-0.50.19
Click cells to compare fundamentals

Boyd Current Liabilities Historical Pattern

Today, most investors in Boyd Gaming Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Boyd Gaming's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Boyd Gaming current liabilities as a starting point in their analysis.
   Boyd Gaming Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Boyd Total Current Liabilities

Total Current Liabilities

379.12 Million

At present, Boyd Gaming's Total Current Liabilities is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Boyd Gaming has a Current Liabilities of 355.07 M. This is 99.23% lower than that of the Hotels, Restaurants & Leisure sector and 62.98% lower than that of the Consumer Discretionary industry. The current liabilities for all United States stocks is 95.51% higher than that of the company.

Boyd Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boyd Gaming's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Boyd Gaming could also be used in its relative valuation, which is a method of valuing Boyd Gaming by comparing valuation metrics of similar companies.
Boyd Gaming is currently under evaluation in current liabilities category among related companies.

Boyd Fundamentals

About Boyd Gaming Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Boyd Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boyd Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boyd Gaming based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Boyd Gaming Investors Sentiment

The influence of Boyd Gaming'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 Boyd. 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 Boyd Gaming's public news can be used to forecast risks associated with an investment in Boyd. The trend in average sentiment can be used to explain how an investor holding Boyd can time the market purely based on public headlines and social activities around Boyd Gaming. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Boyd Gaming'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 Boyd Gaming'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 Boyd Gaming's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Boyd Gaming.
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 Boyd Gaming 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, Boyd Gaming's short interest history, or implied volatility extrapolated from Boyd Gaming options trading.

Pair Trading with Boyd Gaming

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 Boyd Gaming 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 Boyd Gaming will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Boyd Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boyd Gaming 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 Boyd Gaming - 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 Boyd Gaming to buy it.
The correlation of Boyd Gaming 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 Boyd Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Gaming 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 Boyd Gaming 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 CorrelationCorrelation Matching
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming'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 Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:
Check out Boyd Gaming Piotroski F Score and Boyd Gaming Altman Z Score analysis.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Boyd Stock analysis

When running Boyd Gaming's price analysis, check to measure Boyd Gaming'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 Boyd Gaming is operating at the current time. Most of Boyd Gaming's value examination focuses on studying past and present price action to predict the probability of Boyd Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boyd Gaming's price. Additionally, you may evaluate how the addition of Boyd Gaming to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Stocks Directory
Find actively traded stocks across global markets
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Is Boyd Gaming'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 Boyd Gaming. If investors know Boyd 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 Boyd Gaming 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
(0.43)
Dividend Share
0.64
Earnings Share
6.12
Revenue Per Share
36.896
Quarterly Revenue Growth
0.034
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming'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 Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming'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 Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming'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.