Brightcove Common Stock vs Common Stock Total Equity Analysis

BCOV Stock

USD 2.14 0.06 2.88%

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

For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.

Common Stock vs Common Stock Total Equity

Common Stock vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brightcove Common Stock account and Common Stock Total Equity. At this time, the significance of the direction appears to have totally related.

The correlation between Brightcove's Common Stock and Common Stock Total Equity is 0.99. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Brightcove, assuming nothing else is changed. The correlation between historical values of Brightcove's Common Stock and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Brightcove are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock i.e., Brightcove's Common Stock and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Common Stock

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Most indicators from Brightcove's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brightcove 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 Brightcove. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.At this time, Brightcove's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (22.50).

	2021	2022	2023	2024 (projected)
Gross Profit	138.1M	133.9M	123.8M	96.1M
Total Revenue	211.1M	211.0M	201.2M	152.3M

Gross Profit Total Revenue

Brightcove fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Property Plant And Equipment Gross	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Other Liab
Total Assets		0.8	0.76	0.2	0.57	-0.28	0.5	0.9	0.54	0.87	0.89	0.97	0.98	-0.85	0.79	0.98	0.75	0.89	0.94	0.94	-0.23	0.78	0.69	0.89	0.93	0.14
Total Stockholder Equity	0.8		0.61	0.0	0.64	-0.72	0.63	0.87	0.5	0.91	0.73	0.75	0.77	-0.78	0.63	0.79	0.43	0.84	0.82	0.89	-0.68	0.56	0.18	0.77	0.92	0.42
Property Plant And Equipment Net	0.76	0.61		0.68	0.28	-0.07	0.22	0.61	0.92	0.63	0.68	0.77	0.77	-0.85	0.9	0.8	0.78	0.66	0.67	0.68	0.03	0.86	0.73	0.64	0.67	-0.14
Net Debt	0.2	0.0	0.68		-0.46	0.25	-0.5	0.05	0.74	0.07	0.12	0.26	0.24	-0.39	0.52	0.31	0.44	0.17	0.18	0.13	0.37	0.47	0.52	-0.05	0.09	-0.47
Cash	0.57	0.64	0.28	-0.46		-0.37	0.97	0.61	0.06	0.61	0.66	0.54	0.54	-0.46	0.38	0.45	0.39	0.51	0.44	0.53	-0.41	0.42	0.19	0.83	0.6	0.32
Other Assets	-0.28	-0.72	-0.07	0.25	-0.37		-0.42	-0.55	-0.04	-0.65	-0.25	-0.24	-0.28	0.28	-0.09	-0.27	0.0	-0.49	-0.35	-0.51	0.96	0.02	0.47	-0.28	-0.54	-0.32
Cash And Short Term Investments	0.5	0.63	0.22	-0.5	0.97	-0.42		0.5	0.02	0.54	0.6	0.45	0.45	-0.37	0.29	0.37	0.31	0.46	0.35	0.47	-0.46	0.34	0.08	0.79	0.54	0.31
Other Stockholder Equity	0.9	0.87	0.61	0.05	0.61	-0.55	0.5		0.45	0.97	0.81	0.9	0.92	-0.85	0.74	0.88	0.62	0.92	0.92	0.96	-0.53	0.67	0.42	0.82	0.97	0.29
Property Plant And Equipment Gross	0.54	0.5	0.92	0.74	0.06	-0.04	0.02	0.45		0.47	0.42	0.58	0.59	-0.77	0.84	0.61	0.56	0.54	0.54	0.55	0.04	0.76	0.57	0.42	0.52	-0.1
Common Stock Shares Outstanding	0.87	0.91	0.63	0.07	0.61	-0.65	0.54	0.97	0.47		0.81	0.88	0.9	-0.83	0.72	0.85	0.64	0.93	0.87	0.95	-0.63	0.67	0.33	0.82	0.97	0.25
Other Current Liab	0.89	0.73	0.68	0.12	0.66	-0.25	0.6	0.81	0.42	0.81		0.92	0.88	-0.79	0.74	0.85	0.76	0.8	0.77	0.81	-0.28	0.78	0.62	0.89	0.84	0.16
Total Current Liabilities	0.97	0.75	0.77	0.26	0.54	-0.24	0.45	0.9	0.58	0.88	0.92		0.99	-0.9	0.86	0.95	0.81	0.92	0.91	0.93	-0.23	0.86	0.72	0.89	0.93	0.08
Current Deferred Revenue	0.98	0.77	0.77	0.24	0.54	-0.28	0.45	0.92	0.59	0.9	0.88	0.99		-0.9	0.85	0.96	0.79	0.93	0.93	0.95	-0.26	0.84	0.69	0.89	0.94	0.11
Retained Earnings	-0.85	-0.78	-0.85	-0.39	-0.46	0.28	-0.37	-0.85	-0.77	-0.83	-0.79	-0.9	-0.9		-0.96	-0.85	-0.66	-0.87	-0.86	-0.88	0.26	-0.9	-0.63	-0.79	-0.89	-0.13
Accounts Payable	0.79	0.63	0.9	0.52	0.38	-0.09	0.29	0.74	0.84	0.72	0.74	0.86	0.85	-0.96		0.79	0.74	0.78	0.75	0.78	-0.06	0.94	0.74	0.74	0.77	-0.07
Non Current Assets Total	0.98	0.79	0.8	0.31	0.45	-0.27	0.37	0.88	0.61	0.85	0.85	0.95	0.96	-0.85	0.79		0.73	0.87	0.96	0.93	-0.21	0.76	0.69	0.81	0.92	0.13
Non Currrent Assets Other	0.75	0.43	0.78	0.44	0.39	0.0	0.31	0.62	0.56	0.64	0.76	0.81	0.79	-0.66	0.74	0.73		0.61	0.56	0.62	0.02	0.83	0.74	0.71	0.61	-0.26
Net Receivables	0.89	0.84	0.66	0.17	0.51	-0.49	0.46	0.92	0.54	0.93	0.8	0.92	0.93	-0.87	0.78	0.87	0.61		0.89	0.96	-0.48	0.72	0.48	0.84	0.96	0.2
Good Will	0.94	0.82	0.67	0.18	0.44	-0.35	0.35	0.92	0.54	0.87	0.77	0.91	0.93	-0.86	0.75	0.96	0.56	0.89		0.95	-0.32	0.69	0.58	0.76	0.94	0.29
Common Stock Total Equity	0.94	0.89	0.68	0.13	0.53	-0.51	0.47	0.96	0.55	0.95	0.81	0.93	0.95	-0.88	0.78	0.93	0.62	0.96	0.95		-0.49	0.72	0.48	0.84	0.99	0.24
Non Current Liabilities Total	-0.23	-0.68	0.03	0.37	-0.41	0.96	-0.46	-0.53	0.04	-0.63	-0.28	-0.23	-0.26	0.26	-0.06	-0.21	0.02	-0.48	-0.32	-0.49		-0.01	0.51	-0.3	-0.52	-0.47
Other Current Assets	0.78	0.56	0.86	0.47	0.42	0.02	0.34	0.67	0.76	0.67	0.78	0.86	0.84	-0.9	0.94	0.76	0.83	0.72	0.69	0.72	-0.01		0.77	0.78	0.72	-0.03
Total Liab	0.69	0.18	0.73	0.52	0.19	0.47	0.08	0.42	0.57	0.33	0.62	0.72	0.69	-0.63	0.74	0.69	0.74	0.48	0.58	0.48	0.51	0.77		0.58	0.45	-0.26
Total Current Assets	0.89	0.77	0.64	-0.05	0.83	-0.28	0.79	0.82	0.42	0.82	0.89	0.89	0.89	-0.79	0.74	0.81	0.71	0.84	0.76	0.84	-0.3	0.78	0.58		0.87	0.17
Common Stock	0.93	0.92	0.67	0.09	0.6	-0.54	0.54	0.97	0.52	0.97	0.84	0.93	0.94	-0.89	0.77	0.92	0.61	0.96	0.94	0.99	-0.52	0.72	0.45	0.87		0.27
Other Liab	0.14	0.42	-0.14	-0.47	0.32	-0.32	0.31	0.29	-0.1	0.25	0.16	0.08	0.11	-0.13	-0.07	0.13	-0.26	0.2	0.29	0.24	-0.47	-0.03	-0.26	0.17	0.27

Click cells to compare fundamentals

Brightcove Account Relationship Matchups

Brightcove fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	172.9M	186.8M	216.5M	227.8M	216.1M	135.0M
Total Stockholder Equity	74.1M	79.6M	96.3M	102.3M	93.9M	98.6M
Property Plant And Equipment Net	29.0M	24.7M	45.4M	58.3M	58.7M	61.6M
Net Debt	(4.9M)	(27.6M)	(20.3M)	(7.2M)	3.2M	3.4M
Cash	22.8M	37.5M	45.7M	31.9M	18.6M	29.1M
Other Assets	3.3M	14.0M	6.7M	7.0M	6.3M	6.8M
Cash And Short Term Investments	22.8M	37.5M	45.7M	31.9M	18.6M	29.8M
Other Stockholder Equity	275.5M	286.2M	297.9M	314.0M	328.0M	212.5M
Property Plant And Equipment Gross	29.0M	24.7M	45.4M	58.3M	121.5M	127.5M
Common Stock Shares Outstanding	38.0M	39.5M	42.2M	41.8M	43.1M	34.2M
Other Current Liab	13.7M	20.9M	25.4M	26.9M	17.6M	16.6M
Total Current Liabilities	86.3M	98.9M	96.6M	104.0M	104.6M	64.5M
Current Deferred Revenue	49.3M	58.7M	62.1M	61.6M	68.2M	39.5M
Retained Earnings	(200.6M)	(206.4M)	(201.0M)	(210.1M)	(232.9M)	(244.6M)
Accounts Payable	9.9M	10.5M	11.0M	11.3M	14.4M	15.1M
Non Current Assets Total	107.0M	101.3M	122.2M	150.5M	145.7M	81.3M
Non Currrent Assets Other	3.3M	5.3M	6.7M	7.0M	5.8M	3.1M
Net Receivables	31.2M	29.3M	29.9M	26.0M	33.5M	24.5M
Common Stock Total Equity	39K	40K	41K	42K	48.3K	34.3K
Liabilities And Stockholders Equity	172.9M	186.8M	216.5M	227.8M	216.1M	146.8M
Non Current Liabilities Total	12.5M	8.3M	23.6M	21.5M	17.6M	16.8M
Other Current Assets	6.7M	13.0M	10.8M	10.7M	11.8M	12.4M
Total Liab	98.7M	107.2M	120.2M	125.5M	122.2M	87.6M
Total Current Assets	65.8M	85.5M	94.2M	77.3M	70.4M	65.6M
Accumulated Other Comprehensive Income	(785K)	(188K)	(662K)	(1.6M)	(1.2M)	(1.2M)
Common Stock	39K	40K	41K	42K	44K	35.2K
Other Liab	767K	2.8M	786K	981K	1.1M	1.6M
Intangible Assets	13.9M	10.5M	9.3M	10.3M	6.4M	10.2M
Property Plant Equipment	12.1M	16.0M	45.4M	39.7M	45.6M	47.9M
Short Long Term Debt Total	17.9M	9.8M	25.4M	24.7M	21.8M	11.0M
Inventory	5.2M	5.8M	7.8M	8.7M	6.6M	5.0M
Short Term Debt	6.2M	4.3M	2.6M	4.2M	4.5M	2.6M
Net Tangible Assets	(654K)	8.2M	26.1M	17.2M	15.5M	12.8M
Retained Earnings Total Equity	(200.6M)	(206.4M)	(201.0M)	(210.1M)	(189.1M)	(198.5M)
Capital Surpluse	276.4M	287.1M	298.8M	314.8M	362.0M	267.7M
Non Current Liabilities Other	767K	2.8M	786K	981K	207K	196.7K

Pair Trading with Brightcove

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 Brightcove 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 Brightcove will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brightcove Stock

0.68	U	Unity Software	Pair Corr
0.73	AI	C3 Ai Inc Financial Report 29th of May 2024	Pair Corr
0.71	DT	Dynatrace Holdings LLC	Pair Corr

Moving against Brightcove Stock

0.59	ML	MoneyLion	Pair Corr
0.55	DOCU	DocuSign Financial Report 13th of June 2024	Pair Corr

The ability to find closely correlated positions to Brightcove could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brightcove 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 Brightcove - 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 Brightcove to buy it.

The correlation of Brightcove 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 Brightcove moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightcove 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 Brightcove 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 Brightcove is a strong investment it is important to analyze Brightcove'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 Brightcove's future performance. For an informed investment choice regarding Brightcove Stock, refer to the following important reports:

How To Invest In Brightcove

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Is Brightcove Stock a good investment?

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What is Brightcove's Net Worth?

Details

Largest Software - Application Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightcove. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Brightcove Stock analysis

When running Brightcove's price analysis, check to measure Brightcove'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 Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.

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Is Brightcove'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 Brightcove. If investors know Brightcove 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 Brightcove 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

(0.79)

Earnings Share

(0.21)

Revenue Per Share

4.658

Quarterly Revenue Growth

0.029

Return On Assets

(0.03)

The market value of Brightcove is measured differently than its book value, which is the value of Brightcove that is recorded on the company's balance sheet. Investors also form their own opinion of Brightcove's value that differs from its market value or its book value, called intrinsic value, which is Brightcove'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 Brightcove's market value can be influenced by many factors that don't directly affect Brightcove'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 Brightcove's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brightcove is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brightcove'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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Brightcove Common Stock vs Common Stock Total Equity Analysis

Common Stock vs Common Stock Total Equity

Common Stock vs Common Stock Total Equity Correlation Analysis

Correlation Coefficient

Common Stock

Common Stock Total Equity

Brightcove fundamental ratios Correlations

Brightcove Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brightcove fundamental ratios Accounts

Pair Trading with Brightcove

Moving together with Brightcove Stock

Moving against Brightcove Stock

Complementary Tools for Brightcove Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Common Stock Total Equity
Current Deferred Revenue	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Current Liabilities	+ 0.97	Total Assets
Cash And Short Term Investments	+ 0.97	Cash

Accounts Payable	- 0.96	Retained Earnings
Other Current Assets	- 0.9	Retained Earnings
Retained Earnings	- 0.9	Current Deferred Revenue
Retained Earnings	- 0.9	Total Current Liabilities
Common Stock	- 0.89	Retained Earnings
Common Stock Total Equity	- 0.88	Retained Earnings