Bandwidth Total Liab vs Good Will Analysis
BAND Stock | USD 19.68 0.93 4.96% |
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 Total Liab and its Good Will 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.
Total Liab vs Good Will
Total Liab vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bandwidth Total Liab account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bandwidth's Total Liab and Good Will is 0.88. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Bandwidth, assuming nothing else is changed. The correlation between historical values of Bandwidth's Total Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Bandwidth are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Liab i.e., Bandwidth's Total Liab and Good Will go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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.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 |
Bandwidth fundamental ratios Correlations
Click cells to compare fundamentals
Bandwidth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) |
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 Bandwidth 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, Bandwidth's short interest history, or implied volatility extrapolated from Bandwidth options trading.
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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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.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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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 (0.64) | Revenue Per Share 23.469 | Quarterly Revenue Growth 0.054 | Return On Assets (0.02) | Return On Equity (0.06) |
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.