BYND Net Invested Capital vs Capital Stock Analysis
| BCAN Stock | USD 0.71 0.01 1.43% |
BYND Cannasoft financial indicator trend analysis is way more than just evaluating BYND Cannasoft Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BYND Cannasoft Enter is a good investment. Please check the relationship between BYND Cannasoft Net Invested Capital and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYND Cannasoft Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Invested Capital vs Capital Stock
Net Invested Capital vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BYND Cannasoft Enter Net Invested Capital account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BYND Cannasoft's Net Invested Capital and Capital Stock is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of BYND Cannasoft Enterprises, assuming nothing else is changed. The correlation between historical values of BYND Cannasoft's Net Invested Capital and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of BYND Cannasoft Enterprises are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Invested Capital i.e., BYND Cannasoft's Net Invested Capital and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from BYND Cannasoft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BYND Cannasoft Enter 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 BYND Cannasoft Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, BYND Cannasoft's Selling General Administrative is very stable compared to the past year. As of the 16th of June 2024, Sales General And Administrative To Revenue is likely to grow to 4.61, while Tax Provision is likely to drop about 18.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 55.9K | 33.1K | 93.4K | 53.7K | Income Tax Expense | 35.4K | 6.3K | 28.2K | 33.7K |
BYND Cannasoft fundamental ratios Correlations
Click cells to compare fundamentals
BYND Cannasoft Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BYND Cannasoft fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 244.9K | 258.7K | 74.7K | 151.2K | 550.9K | 578.4K | |
| Total Current Liabilities | 626.1K | 898.5K | 259.9K | 458.3K | 887.0K | 625.7K | |
| Retained Earnings | (15.4K) | (273.6K) | (5.2M) | (6.8M) | (25.3M) | (24.0M) | |
| Accounts Payable | 147.9K | 346.5K | 105.9K | 40.2K | 157.7K | 119.9K | |
| Net Receivables | 206.3K | 238.6K | 135.3K | 137.3K | 137.4K | 145.9K | |
| Other Current Assets | 96.5K | 2.3K | 40.2K | 1.1M | 95.7K | 90.9K | |
| Other Stockholder Equity | 0.0 | 1.0 | 1.3M | 1.3M | 764.8K | 603.4K | |
| Total Current Assets | 603.7K | 803.9K | 5.7M | 3.4M | 3.3M | 2.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in BYND Stock
When determining whether BYND Cannasoft Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BYND Cannasoft'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 Bynd Cannasoft Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bynd Cannasoft Enterprises Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYND Cannasoft Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Application Software space 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 BYND Cannasoft. If investors know BYND 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 BYND Cannasoft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (113.01) | Revenue Per Share 5.277 | Quarterly Revenue Growth (0.12) | Return On Assets (0.08) | Return On Equity (0.44) |
The market value of BYND Cannasoft Enter is measured differently than its book value, which is the value of BYND that is recorded on the company's balance sheet. Investors also form their own opinion of BYND Cannasoft's value that differs from its market value or its book value, called intrinsic value, which is BYND Cannasoft'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 BYND Cannasoft's market value can be influenced by many factors that don't directly affect BYND Cannasoft'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 BYND Cannasoft's value and its price as these two are different measures arrived at by different means. Investors typically determine if BYND Cannasoft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BYND Cannasoft'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.