Beasley Return On Assets from 2010 to 2024
| BBGI Stock | USD 0.70 0.01 1.41% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.13) | Current Value (0.12) | Quarterly Volatility 0.07464978 |
Check Beasley Broadcast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Beasley main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.5 M, Interest Expense of 25.3 M or Selling General Administrative of 22 M, as well as many exotic indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0314 or PTB Ratio of 0.17. Beasley financial statements analysis is a perfect complement when working with Beasley Broadcast Valuation or Volatility modules.
Beasley | Return On Assets |
Latest Beasley Broadcast's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Beasley Broadcast Group over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Beasley Broadcast's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Beasley Broadcast's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Beasley Return On Assets Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 1,115 | |
| Mean Deviation | 0.05 | |
| Median | 0.01 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0.01 | |
| Range | 0.2594 | |
| R-Value | (0.57) | |
| Mean Square Error | 0 | |
| R-Squared | 0.32 | |
| Significance | 0.03 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.08 |
Beasley Return On Assets History
About Beasley Broadcast Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Beasley Broadcast income statement, its balance sheet, and the statement of cash flows. Beasley Broadcast investors use historical funamental indicators, such as Beasley Broadcast's Return On Assets, to determine how well the company is positioned to perform in the future. Although Beasley Broadcast investors may use each financial statement separately, they are all related. The changes in Beasley Broadcast's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Beasley Broadcast's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Beasley Broadcast Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Beasley Broadcast. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (0.13) | (0.12) |
Pair Trading with Beasley Broadcast
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 Beasley Broadcast 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 Beasley Broadcast will appreciate offsetting losses from the drop in the long position's value.Moving together with Beasley Stock
| 0.69 | DLPN | Dolphin Entertainment | PairCorr |
Moving against Beasley Stock
| 0.81 | WLYB | John Wiley Sons | PairCorr |
| 0.75 | SE | Sea Financial Report 21st of May 2024 | PairCorr |
| 0.71 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.7 | MDIA | Mediaco Holding | PairCorr |
| 0.56 | PSO | Pearson PLC ADR | PairCorr |
The ability to find closely correlated positions to Beasley Broadcast could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beasley Broadcast 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 Beasley Broadcast - 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 Beasley Broadcast Group to buy it.
The correlation of Beasley Broadcast 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 Beasley Broadcast moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beasley Broadcast 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 Beasley Broadcast 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 the analysis of Beasley Broadcast Correlation against competitors. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Beasley Stock analysis
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 (2.51) | Revenue Per Share 8.266 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0115 |
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.