Beasley Long Term Debt Total vs Other Liab Analysis

BBGI Stock  USD 0.74  0.04  5.71%   
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 Long Term Debt Total and its Other Liab 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.

Long Term Debt Total vs Other Liab

Long Term Debt Total vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beasley Broadcast Long Term Debt Total account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beasley Broadcast's Long Term Debt Total and Other Liab is 0.86. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Other Liab 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 Long Term Debt Total and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Beasley Broadcast Group are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Long Term Debt Total i.e., Beasley Broadcast's Long Term Debt Total and Other Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt Total

Other Liab

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
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 Beasley Broadcast 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, Beasley Broadcast's short interest history, or implied volatility extrapolated from Beasley Broadcast options trading.

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

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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.
Pair CorrelationCorrelation Matching
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.