Beasley Intangible Assets vs Common Stock Shares Outstanding Analysis

BBGI Stock  USD 0.65  0.01  1.52%   
Beasley Broadcast financial indicator trend analysis is way more than just evaluating Beasley Broadcast prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beasley Broadcast is a good investment. Please check the relationship between Beasley Broadcast Intangible Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beasley Broadcast Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Intangible Assets vs Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beasley Broadcast Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beasley Broadcast's Intangible Assets and Common Stock Shares Outstanding is 0.8. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Beasley Broadcast Group, assuming nothing else is changed. The correlation between historical values of Beasley Broadcast's Intangible Assets 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 Intangible Assets of Beasley Broadcast Group 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 Intangible Assets i.e., Beasley Broadcast's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 Beasley Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beasley Broadcast 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 Beasley Broadcast Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
As of now, Beasley Broadcast's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit30.6M33.2M30.1M28.6M
Total Revenue241.4M256.4M247.1M158.8M

Beasley Broadcast fundamental ratios Correlations

-0.29-0.26-0.311.0-0.32-1.0-0.31-0.351.0-0.310.31.0-0.31-0.07-0.32-0.31-0.12-0.091.0-0.29-0.29-0.19-0.32-0.071.0
-0.290.950.96-0.290.890.320.710.83-0.290.89-0.68-0.290.89-0.120.910.960.340.47-0.290.830.90.50.87-0.12-0.3
-0.260.950.93-0.260.860.290.750.71-0.260.9-0.74-0.260.9-0.250.850.950.340.57-0.260.80.940.40.89-0.25-0.26
-0.310.960.93-0.310.870.340.640.84-0.310.83-0.69-0.310.83-0.080.870.890.270.41-0.310.810.830.620.8-0.08-0.31
1.0-0.29-0.26-0.31-0.32-1.0-0.31-0.351.0-0.310.31.0-0.31-0.07-0.32-0.31-0.12-0.091.0-0.29-0.29-0.19-0.32-0.071.0
-0.320.890.860.87-0.320.350.690.88-0.320.87-0.58-0.320.83-0.350.890.890.270.63-0.320.940.820.450.84-0.35-0.33
-1.00.320.290.34-1.00.350.330.37-1.00.33-0.31-1.00.330.070.350.330.130.1-1.00.310.310.210.340.07-1.0
-0.310.710.750.64-0.310.690.330.53-0.310.93-0.48-0.310.83-0.320.690.820.150.61-0.310.480.740.070.94-0.32-0.31
-0.350.830.710.84-0.350.880.370.53-0.350.7-0.51-0.350.73-0.030.870.750.150.34-0.350.850.650.440.68-0.03-0.35
1.0-0.29-0.26-0.311.0-0.32-1.0-0.31-0.35-0.310.31.0-0.31-0.07-0.32-0.31-0.13-0.091.0-0.28-0.29-0.19-0.32-0.071.0
-0.310.890.90.83-0.310.870.330.930.7-0.31-0.59-0.310.94-0.390.820.970.350.72-0.310.70.90.241.0-0.39-0.31
0.3-0.68-0.74-0.690.3-0.58-0.31-0.48-0.510.3-0.590.3-0.650.05-0.55-0.66-0.37-0.320.3-0.58-0.8-0.36-0.590.050.3
1.0-0.29-0.26-0.311.0-0.32-1.0-0.31-0.351.0-0.310.3-0.31-0.07-0.32-0.31-0.13-0.091.0-0.28-0.29-0.19-0.32-0.071.0
-0.310.890.90.83-0.310.830.330.830.73-0.310.94-0.65-0.31-0.30.830.950.450.67-0.310.710.940.220.95-0.3-0.31
-0.07-0.12-0.25-0.08-0.07-0.350.07-0.32-0.03-0.07-0.390.05-0.07-0.3-0.13-0.31-0.18-0.9-0.07-0.3-0.370.32-0.381.0-0.07
-0.320.910.850.87-0.320.890.350.690.87-0.320.82-0.55-0.320.83-0.130.840.030.44-0.320.870.770.350.8-0.13-0.32
-0.310.960.950.89-0.310.890.330.820.75-0.310.97-0.66-0.310.95-0.310.840.470.66-0.310.780.950.340.96-0.31-0.31
-0.120.340.340.27-0.120.270.130.150.15-0.130.35-0.37-0.130.45-0.180.030.470.4-0.120.180.520.110.37-0.18-0.13
-0.090.470.570.41-0.090.630.10.610.34-0.090.72-0.32-0.090.67-0.90.440.660.4-0.090.530.69-0.150.71-0.9-0.09
1.0-0.29-0.26-0.311.0-0.32-1.0-0.31-0.351.0-0.310.31.0-0.31-0.07-0.32-0.31-0.12-0.09-0.28-0.29-0.19-0.32-0.071.0
-0.290.830.80.81-0.290.940.310.480.85-0.280.7-0.58-0.280.71-0.30.870.780.180.53-0.280.760.420.67-0.3-0.29
-0.290.90.940.83-0.290.820.310.740.65-0.290.9-0.8-0.290.94-0.370.770.950.520.69-0.290.760.250.9-0.37-0.29
-0.190.50.40.62-0.190.450.210.070.44-0.190.24-0.36-0.190.220.320.350.340.11-0.15-0.190.420.250.20.32-0.19
-0.320.870.890.8-0.320.840.340.940.68-0.321.0-0.59-0.320.95-0.380.80.960.370.71-0.320.670.90.2-0.38-0.32
-0.07-0.12-0.25-0.08-0.07-0.350.07-0.32-0.03-0.07-0.390.05-0.07-0.31.0-0.13-0.31-0.18-0.9-0.07-0.3-0.370.32-0.38-0.07
1.0-0.3-0.26-0.311.0-0.33-1.0-0.31-0.351.0-0.310.31.0-0.31-0.07-0.32-0.31-0.13-0.091.0-0.29-0.29-0.19-0.32-0.07
Click cells to compare fundamentals

Beasley Broadcast Account Relationship Matchups

Beasley Broadcast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets760.0M738.6M762.1M707.4M594.7M565.0M
Short Long Term Debt Total298.4M295.1M330.2M331.1M305.7M203.8M
Other Current Liab22.2M16.4M26.1M24.5M21.1M10.9M
Total Current Liabilities53.2M40.5M44.5M56.7M48.3M25.9M
Total Stockholder Equity284.5M267.7M263.1M222.2M149.0M141.5M
Property Plant And Equipment Net93.9M88.4M84.3M94.6M86.2M90.6M
Net Debt279.8M274.3M278.9M291.6M279.0M292.9M
Retained Earnings162.4M143.3M142.2M100.2M25.0M22.0M
Accounts Payable12.5M13.3M7.6M19.3M14.3M15.0M
Cash18.6M20.8M51.4M39.5M26.7M25.4M
Non Current Assets Total680.4M661.1M649.9M609.3M508.1M384.8M
Non Currrent Assets Other143.4K1.8M(8.6M)(11.9M)2.9M3.1M
Cash And Short Term Investments18.6M20.8M51.4M39.5M26.7M25.4M
Net Receivables54.6M47.4M53.4M56.7M53.4M34.5M
Common Stock Total Equity31.9K32.0K32.5K32.6K29.3K27.9K
Common Stock Shares Outstanding27.8M28.4M29.3M29.5M29.9M27.1M
Liabilities And Stockholders Equity760.0M738.6M762.1M707.4M594.7M565.0M
Non Current Liabilities Total422.4M431.1M454.5M434.8M397.4M278.2M
Other Current Assets2.9M6.9M3.4M4.4M6.5M3.8M
Other Stockholder Equity122.6M125.8M121.9M121.5M123.6M114.8M
Total Liab475.5M471.5M499.0M485.3M445.7M423.5M
Property Plant And Equipment Gross93.9M88.4M125.5M137.0M132.5M139.1M
Total Current Assets79.7M77.5M112.2M105.7M86.6M56.1M
Accumulated Other Comprehensive Income(436.3K)(1.4M)(1.0M)499.3K346.5K363.8K
Short Term Debt14.8M7.1M7.7M8.2M8.1M7.7M
Intangible Assets546.9M534.4M531.1M495.5M395.7M320.5M
Common Stock32.5K32.6K32.9K33.4K34.1K32.3K
Other Assets(66.8K)553.0M762.1M(7.5M)(8.6M)(8.2M)
Long Term Debt248.7M258.3M293.8M285.5M264.2M198.7M
Property Plant Equipment53.8M53.7M84.3M94.6M108.8M114.2M
Other Liab138.8M143.1M132.0M111.8M128.6M135.0M
Current Deferred Revenue3.6M3.7M3.1M4.7M4.8M5.1M
Good Will15.3M25.4M28.6M13.3M922K875.9K
Inventory3.5M2.5M4.0M5.1M5.8M6.1M
Treasury Stock(16.7M)(30.4M)(30.7M)(28.2M)(25.4M)(24.1M)
Net Tangible Assets(269.9M)(290.9M)(295.3M)(308.5M)(277.7M)(291.5M)
Retained Earnings Total Equity154.4M155.4M162.4M143.3M164.8M173.0M
Capital Surpluse148.0M150.0M153.3M154.0M177.1M147.4M

Currently Active Assets on Macroaxis

When determining whether Beasley Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beasley Broadcast's 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 Beasley Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beasley Broadcast Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beasley Broadcast Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Beasley Broadcast information on this page should be used as a complementary analysis to other Beasley Broadcast'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Beasley Broadcast's price analysis, check to measure Beasley Broadcast'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 Beasley Broadcast is operating at the current time. Most of Beasley Broadcast's value examination focuses on studying past and present price action to predict the probability of Beasley Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beasley Broadcast's price. Additionally, you may evaluate how the addition of Beasley Broadcast to your portfolios can decrease your overall portfolio volatility.
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Is Beasley Broadcast'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 Beasley Broadcast. If investors know Beasley 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 Beasley Broadcast 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
(0.05)
Earnings Share
(2.39)
Revenue Per Share
8.116
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0102
The market value of Beasley Broadcast is measured differently than its book value, which is the value of Beasley that is recorded on the company's balance sheet. Investors also form their own opinion of Beasley Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Beasley Broadcast'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 Beasley Broadcast's market value can be influenced by many factors that don't directly affect Beasley Broadcast'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 Beasley Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beasley Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beasley Broadcast'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.