Bandwidth Good Will vs Total Current Liabilities Analysis

BAND Stock

USD 22.22 0.17 0.76%

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

For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bandwidth Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Bandwidth's Good Will and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Bandwidth, assuming nothing else is changed. The correlation between historical values of Bandwidth's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Bandwidth are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Bandwidth's Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Liabilities

Total Current Liabilities is an item on Bandwidth balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bandwidth are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.At present, Bandwidth's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2024 (projected)
Gross Profit	218.5M	238.4M	151.1M
Total Revenue	490.9M	573.2M	354.2M

Gross Profit Total Revenue

Bandwidth fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets
Total Assets		0.89	0.91	0.86	0.92	0.94	-0.64	0.66	0.94	0.76	-0.39	0.71	0.76	0.92	0.69	0.71	0.91	0.85	0.98	0.97	0.91	0.89	0.65	0.9	0.97	0.58
Short Long Term Debt Total	0.89		0.82	0.81	0.74	0.95	-0.76	0.88	0.84	0.94	-0.54	0.92	0.63	0.98	0.68	0.62	0.79	0.71	0.89	0.86	0.78	0.79	0.62	1.0	0.8	0.39
Other Current Liab	0.91	0.82		0.97	0.76	0.86	-0.77	0.58	0.81	0.75	-0.66	0.67	0.59	0.85	0.71	0.48	0.72	0.68	0.86	0.93	0.7	0.72	0.29	0.83	0.84	0.6
Total Current Liabilities	0.86	0.81	0.97		0.65	0.81	-0.79	0.61	0.8	0.79	-0.65	0.74	0.48	0.82	0.78	0.51	0.69	0.59	0.84	0.87	0.66	0.71	0.23	0.82	0.75	0.48
Total Stockholder Equity	0.92	0.74	0.76	0.65		0.87	-0.39	0.54	0.88	0.55	-0.15	0.53	0.81	0.83	0.48	0.73	0.89	0.88	0.87	0.88	0.93	0.88	0.73	0.77	0.99	0.7
Other Liab	0.94	0.95	0.86	0.81	0.87		-0.75	0.77	0.88	0.88	-0.47	0.82	0.63	0.99	0.64	0.63	0.83	0.74	0.92	0.95	0.83	0.83	0.66	0.96	0.9	0.65
Net Tangible Assets	-0.64	-0.76	-0.77	-0.79	-0.39	-0.75		-0.54	-0.54	-0.86	0.79	-0.71	-0.16	-0.75	-0.65	-0.16	-0.4	-0.28	-0.63	-0.75	-0.33	-0.41	-0.17	-0.76	-0.47	-0.45
Property Plant And Equipment Net	0.66	0.88	0.58	0.61	0.54	0.77	-0.54		0.64	0.88	-0.38	0.94	0.42	0.85	0.42	0.63	0.59	0.48	0.7	0.59	0.68	0.62	0.57	0.86	0.58	0.22
Current Deferred Revenue	0.94	0.84	0.81	0.8	0.88	0.88	-0.54	0.64		0.73	-0.19	0.74	0.7	0.87	0.81	0.82	0.95	0.82	0.97	0.89	0.93	0.98	0.7	0.86	0.92	0.48
Net Debt	0.76	0.94	0.75	0.79	0.55	0.88	-0.86	0.88	0.73		-0.58	0.96	0.34	0.92	0.66	0.52	0.61	0.45	0.8	0.78	0.62	0.65	0.5	0.94	0.62	0.38
Retained Earnings	-0.39	-0.54	-0.66	-0.65	-0.15	-0.47	0.79	-0.38	-0.19	-0.58		-0.44	-0.2	-0.49	-0.37	0.23	-0.1	-0.2	-0.3	-0.47	-0.03	-0.06	0.25	-0.53	-0.25	-0.2
Accounts Payable	0.71	0.92	0.67	0.74	0.53	0.82	-0.71	0.94	0.74	0.96	-0.44		0.35	0.88	0.66	0.64	0.63	0.46	0.78	0.68	0.66	0.7	0.53	0.91	0.59	0.26
Cash	0.76	0.63	0.59	0.48	0.81	0.63	-0.16	0.42	0.7	0.34	-0.2	0.35		0.62	0.41	0.52	0.81	0.98	0.69	0.64	0.77	0.72	0.58	0.65	0.83	0.24
Non Current Assets Total	0.92	0.98	0.85	0.82	0.83	0.99	-0.75	0.85	0.87	0.92	-0.49	0.88	0.62		0.63	0.66	0.81	0.72	0.91	0.91	0.83	0.82	0.65	0.98	0.86	0.58
Non Currrent Assets Other	0.69	0.68	0.71	0.78	0.48	0.64	-0.65	0.42	0.81	0.66	-0.37	0.66	0.41	0.63		0.51	0.68	0.56	0.76	0.7	0.56	0.74	0.31	0.69	0.58	0.15
Other Assets	0.71	0.62	0.48	0.51	0.73	0.63	-0.16	0.63	0.82	0.52	0.23	0.64	0.52	0.66	0.51		0.8	0.63	0.79	0.6	0.88	0.86	0.78	0.63	0.73	0.32
Long Term Debt	0.91	0.79	0.72	0.69	0.89	0.83	-0.4	0.59	0.95	0.61	-0.1	0.63	0.81	0.81	0.68	0.8		0.9	0.92	0.83	0.94	0.97	0.75	0.81	0.91	0.4
Cash And Short Term Investments	0.85	0.71	0.68	0.59	0.88	0.74	-0.28	0.48	0.82	0.45	-0.2	0.46	0.98	0.72	0.56	0.63	0.9		0.81	0.75	0.86	0.84	0.65	0.73	0.9	0.33
Net Receivables	0.98	0.89	0.86	0.84	0.87	0.92	-0.63	0.7	0.97	0.8	-0.3	0.78	0.69	0.91	0.76	0.79	0.92	0.81		0.94	0.93	0.92	0.71	0.91	0.93	0.49
Good Will	0.97	0.86	0.93	0.87	0.88	0.95	-0.75	0.59	0.89	0.78	-0.47	0.68	0.64	0.91	0.7	0.6	0.83	0.75	0.94		0.82	0.82	0.57	0.88	0.93	0.68
Common Stock Total Equity	0.91	0.78	0.7	0.66	0.93	0.83	-0.33	0.68	0.93	0.62	-0.03	0.66	0.77	0.83	0.56	0.88	0.94	0.86	0.93	0.82		0.93	0.81	0.8	0.94	0.48
Common Stock Shares Outstanding	0.89	0.79	0.72	0.71	0.88	0.83	-0.41	0.62	0.98	0.65	-0.06	0.7	0.72	0.82	0.74	0.86	0.97	0.84	0.92	0.82	0.93		0.73	0.81	0.89	0.45
Long Term Debt Total	0.65	0.62	0.29	0.23	0.73	0.66	-0.17	0.57	0.7	0.5	0.25	0.53	0.58	0.65	0.31	0.78	0.75	0.65	0.71	0.57	0.81	0.73		0.64	0.69	0.32
Non Current Liabilities Total	0.9	1.0	0.83	0.82	0.77	0.96	-0.76	0.86	0.86	0.94	-0.53	0.91	0.65	0.98	0.69	0.63	0.81	0.73	0.91	0.88	0.8	0.81	0.64		0.82	0.43
Capital Surpluse	0.97	0.8	0.84	0.75	0.99	0.9	-0.47	0.58	0.92	0.62	-0.25	0.59	0.83	0.86	0.58	0.73	0.91	0.9	0.93	0.93	0.94	0.89	0.69	0.82		0.64
Other Current Assets	0.58	0.39	0.6	0.48	0.7	0.65	-0.45	0.22	0.48	0.38	-0.2	0.26	0.24	0.58	0.15	0.32	0.4	0.33	0.49	0.68	0.48	0.45	0.32	0.43	0.64

Click cells to compare fundamentals

Bandwidth Account Relationship Matchups

Bandwidth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	341.4M	890.6M	1.1B	929.3M	1.1B	576.4M
Other Current Liab	27.3M	63.1M	65.9M	62.6M	69.0M	44.9M
Total Current Liabilities	45.7M	92.2M	93.5M	114.0M	122.8M	75.2M
Total Stockholder Equity	270.1M	429.9M	412.6M	272.2M	297.4M	228.5M
Other Liab	5.7M	68.8M	62.0M	57.8M	66.4M	69.8M
Net Tangible Assets	256.7M	(190.4M)	(143.0M)	(231.6M)	(208.4M)	(198.0M)
Property Plant And Equipment Net	62.7M	71.1M	83.7M	109.7M	335.4M	352.1M
Current Deferred Revenue	9.3M	11.9M	12.6M	17.2M	14.1M	10.7M
Net Debt	(160.3M)	232.8M	171.8M	379.0M	512.2M	537.8M
Retained Earnings	(5.5M)	(49.5M)	(76.9M)	(48.5M)	(64.9M)	(68.1M)
Accounts Payable	4.2M	11.7M	9.1M	26.8M	34.2M	35.9M
Cash	185.0M	72.2M	331.5M	113.6M	132.3M	113.7M
Non Current Assets Total	114.5M	697.0M	652.7M	649.7M	852.4M	895.0M
Non Currrent Assets Other	1.5M	5.6M	13.3M	36.2M	14.3M	9.5M
Other Assets	38.3M	25.1M	13.3M	36.2M	41.6M	22.2M
Cash And Short Term Investments	185.0M	112.2M	331.5M	184.9M	153.8M	132.1M
Net Receivables	30.2M	55.2M	61.6M	74.5M	78.2M	45.8M
Common Stock Total Equity	17K	19K	24K	25K	28.8K	21.7K
Common Stock Shares Outstanding	23.9M	24.1M	25.1M	30.9M	25.6M	23.8M
Liabilities And Stockholders Equity	341.4M	890.6M	1.1B	929.3M	1.1B	576.4M
Non Current Liabilities Total	25.6M	368.5M	559.4M	543.1M	680.9M	714.9M
Capital Surpluse	275.6M	451.5M	502.5M	364.9M	419.6M	255.5M
Other Current Assets	11.8M	66.2M	19.9M	15.7M	16.7M	19.4M
Other Stockholder Equity	275.6M	451.5M	502.5M	364.9M	391.0M	284.6M
Total Liab	71.3M	460.7M	652.9M	657.1M	803.7M	843.8M
Deferred Long Term Liab	2.0M	61.0M	4.7M	38.5M	44.2M	46.4M
Property Plant And Equipment Gross	62.7M	71.1M	83.7M	109.7M	433.6M	455.3M
Total Current Assets	226.9M	193.6M	412.9M	279.6M	248.6M	192.9M
Accumulated Other Comprehensive Income	41K	27.9M	(13.0M)	(44.2M)	(28.8M)	(27.4M)
Short Term Debt	4.9M	5.5M	5.8M	7.5M	5.5M	5.2M
Intangible Assets	6.6M	248.1M	211.2M	177.4M	166.9M	103.1M
Common Stock	17K	19K	24K	25K	26K	22.5K
Property Plant Equipment	62.7M	71.1M	83.7M	109.7M	126.2M	132.5M
Non Current Liabilities Other	25.6M	25.3M	6.0M	11.2M	386K	366.7K
Retained Earnings Total Equity	(5.5M)	(49.5M)	(76.9M)	(48.5M)	(43.7M)	(45.9M)

Pair Trading with Bandwidth

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

Moving against Bandwidth Stock

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0.5	ATNI	ATN International	Pair Corr
0.48	TLK	Telkom Indonesia Tbk	Pair Corr
0.43	BCE	BCE Inc	Pair Corr

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

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

How To Invest In Bandwidth

Details

Is Bandwidth Stock a good investment?

Details

What is Bandwidth'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 Bandwidth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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

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Is Bandwidth'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 Bandwidth. If investors know Bandwidth 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 Bandwidth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.13)

Revenue Per Share

24.515

Quarterly Revenue Growth

0.241

Return On Assets

(0.02)

Return On Equity

(0.1)

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

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Good Will

Total Current Liabilities

Bandwidth fundamental ratios Correlations

Bandwidth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bandwidth fundamental ratios Accounts

Pair Trading with Bandwidth

Moving against Bandwidth Stock

Complementary Tools for Bandwidth Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Capital Surpluse	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Other Liab
Net Receivables	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Short Long Term Debt Total
Common Stock Shares Outstanding	+ 0.98	Current Deferred Revenue

Net Debt	- 0.86	Net Tangible Assets
Net Tangible Assets	- 0.79	Total Current Liabilities
Net Tangible Assets	- 0.77	Other Current Liab
Non Current Liabilities Total	- 0.76	Net Tangible Assets
Net Tangible Assets	- 0.76	Short Long Term Debt Total
Good Will	- 0.75	Net Tangible Assets