Belden Total Assets vs Cash and Equivalents Analysis

BDC Stock  USD 93.21  1.60  1.75%   
Belden financial indicator trend analysis is way more than just evaluating Belden Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belden Inc is a good investment. Please check the relationship between Belden Total Assets and its Cash And Equivalents accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Total Assets vs Cash And Equivalents

Total Assets vs Cash and Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belden Inc Total Assets account and Cash and Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Belden's Total Assets and Cash and Equivalents is -0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of Belden Inc, assuming nothing else is changed. The correlation between historical values of Belden's Total Assets and Cash and Equivalents 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 Assets of Belden Inc are associated (or correlated) with its Cash and Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash and Equivalents has no effect on the direction of Total Assets i.e., Belden's Total Assets and Cash and Equivalents go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Belden assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Belden Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash And Equivalents

Most indicators from Belden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belden Inc 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 Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Belden's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit854.4M916.3M916.3M534.8M
Total Revenue2.4B2.6B2.5B1.6B

Belden fundamental ratios Correlations

0.930.540.930.890.740.760.650.850.70.960.310.70.920.930.690.930.730.430.660.970.120.880.20.770.72
0.930.490.790.670.620.890.50.660.630.930.450.630.770.890.621.00.550.330.460.980.010.750.140.810.6
0.540.490.730.340.690.530.30.650.150.480.020.150.560.480.440.520.660.440.170.60.220.54-0.510.160.48
0.930.790.730.840.830.650.610.930.590.860.10.590.920.840.670.810.850.510.640.890.210.880.050.560.71
0.890.670.340.840.660.450.750.830.690.820.160.690.90.790.590.670.730.410.760.750.210.840.360.660.68
0.740.620.690.830.660.430.610.830.60.610.140.60.770.550.720.640.920.730.390.720.530.83-0.030.230.85
0.760.890.530.650.450.430.380.450.220.870.380.220.580.860.420.90.350.220.260.86-0.050.43-0.090.810.42
0.650.50.30.610.750.610.380.620.440.610.180.440.720.560.430.490.650.770.360.540.690.60.180.520.75
0.850.660.650.930.830.830.450.620.670.730.170.670.940.70.650.680.940.590.610.770.250.88-0.020.420.69
0.70.630.150.590.690.60.220.440.670.510.311.00.670.450.620.620.590.340.540.640.110.890.440.360.58
0.960.930.480.860.820.610.870.610.730.510.320.510.850.980.590.930.60.340.610.950.040.710.170.870.61
0.310.450.020.10.160.140.380.180.170.310.320.310.370.170.590.440.150.07-0.050.36-0.080.23-0.170.520.43
0.70.630.150.590.690.60.220.440.671.00.510.310.670.450.620.620.590.340.540.640.110.890.440.360.58
0.920.770.560.920.90.770.580.720.940.670.850.370.670.790.730.770.860.550.60.840.220.870.070.660.77
0.930.890.480.840.790.550.860.560.70.450.980.170.450.790.480.890.550.30.660.910.00.650.190.820.51
0.690.620.440.670.590.720.420.430.650.620.590.590.620.730.480.650.660.420.530.680.230.740.050.450.87
0.931.00.520.810.670.640.90.490.680.620.930.440.620.770.890.650.570.340.480.990.010.750.120.790.62
0.730.550.660.850.730.920.350.650.940.590.60.150.590.860.550.660.570.760.440.670.460.82-0.140.260.76
0.430.330.440.510.410.730.220.770.590.340.340.070.340.550.30.420.340.760.110.40.820.5-0.110.080.69
0.660.460.170.640.760.390.260.360.610.540.61-0.050.540.60.660.530.480.440.110.54-0.040.610.440.430.42
0.970.980.60.890.750.720.860.540.770.640.950.360.640.840.910.680.990.670.40.540.070.820.10.760.67
0.120.010.220.210.210.53-0.050.690.250.110.04-0.080.110.220.00.230.010.460.82-0.040.070.240.0-0.130.62
0.880.750.540.880.840.830.430.60.880.890.710.230.890.870.650.740.750.820.50.610.820.240.230.450.75
0.20.14-0.510.050.36-0.03-0.090.18-0.020.440.17-0.170.440.070.190.050.12-0.14-0.110.440.10.00.230.230.08
0.770.810.160.560.660.230.810.520.420.360.870.520.360.660.820.450.790.260.080.430.76-0.130.450.230.43
0.720.60.480.710.680.850.420.750.690.580.610.430.580.770.510.870.620.760.690.420.670.620.750.080.43
Click cells to compare fundamentals

Belden Account Relationship Matchups

Belden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.1B3.4B3.2B3.2B2.0B
Short Long Term Debt Total1.5B1.6B1.5B1.2B1.3B801.5M
Other Current Liab385.8M208.4M255.0M246.8M247.6M132.8M
Total Current Liabilities722.5M520.8M718.5M639.9M633.5M378.0M
Total Stockholder Equity959.8M750.6M955.3M1.1B1.2B731.7M
Property Plant And Equipment Net408.2M423.4M429.3M455.2M546.0M302.0M
Net Debt1.1B1.1B883.5M549.6M707.1M489.8M
Retained Earnings518.0M450.9M505.7M751.5M985.8M1.0B
Accounts Payable268.5M244.1M384.2M350.1M343.2M181.6M
Cash407.5M502.0M643.8M687.7M597.0M311.6M
Non Current Assets Total2.0B2.0B2.0B1.6B1.8B1.2B
Non Currrent Assets Other12.4M49.4M34.9M46.5M45.0M37.1M
Cash And Short Term Investments407.5M502.0M643.8M687.7M597.0M311.6M
Net Receivables334.6M296.8M412.2M440.1M413.8M271.0M
Good Will1.2B1.3B1.2B862.3M907.3M606.7M
Common Stock Shares Outstanding42.4M44.9M45.4M44.5M42.9M40.3M
Liabilities And Stockholders Equity3.4B3.1B3.4B3.2B3.2B2.0B
Non Current Liabilities Total1.7B1.9B1.7B1.4B1.4B910.7M
Inventory231.3M247.3M345.4M341.6M367.0M213.0M
Other Current Assets29.2M52.3M65.7M66.9M79.1M83.1M
Other Stockholder Equity504.8M491.1M519.6M396.9M221.2M356.3M
Total Liab2.4B2.4B2.5B2.0B2.1B1.3B
Property Plant And Equipment Gross408.2M423.4M429.3M455.2M1.2B1.2B
Total Current Assets1.4B1.1B1.5B1.5B1.5B851.7M
Accumulated Other Comprehensive Income(63.4M)(191.9M)(70.6M)(5.9M)(41.3M)(43.3M)
Short Term Debt14.1M14.8M18.3M16.8M18.9M34.0M
Intangible Assets339.5M287.1M301.7M246.8M269.1M248.6M
Other Liab223.3M241.8M215.8M151.5M174.2M147.5M
Other Assets37.2M78.9M67.2M61.1M1.00.95
Long Term Debt1.4B1.6B1.5B1.2B1.2B982.9M
Treasury Stock(599.8M)(307.2M)(332.6M)(314.0M)(282.6M)(296.7M)
Property Plant Equipment345.9M368.6M429.3M455.2M523.5M363.3M
Current Deferred Revenue54.3M53.4M60.9M26.2M23.7M22.5M
Net Tangible Assets(567.7M)(742.0M)(498.9M)93.2M83.9M88.1M
Noncontrolling Interest In Consolidated Entity6.0M6.5M795K939K1.1M1.5M
Retained Earnings Total Equity518.0M450.9M505.7M751.5M864.3M614.0M
Long Term Debt Total1.4B1.6B1.5B1.2B1.3B1.5B

Pair Trading with Belden

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

Moving together with Belden Stock

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Moving against Belden Stock

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The ability to find closely correlated positions to Belden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belden 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 Belden - 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 Belden Inc to buy it.
The correlation of Belden 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 Belden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belden Inc 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 Belden 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 Belden Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Belden'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 Belden Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Belden Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Belden Inc information on this page should be used as a complementary analysis to other Belden'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Belden Stock analysis

When running Belden's price analysis, check to measure Belden'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 Belden is operating at the current time. Most of Belden's value examination focuses on studying past and present price action to predict the probability of Belden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belden's price. Additionally, you may evaluate how the addition of Belden to your portfolios can decrease your overall portfolio volatility.
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Is Belden'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 Belden. If investors know Belden 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 Belden 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
(0.36)
Dividend Share
0.2
Earnings Share
5.66
Revenue Per Share
59.476
Quarterly Revenue Growth
(0.16)
The market value of Belden Inc is measured differently than its book value, which is the value of Belden that is recorded on the company's balance sheet. Investors also form their own opinion of Belden's value that differs from its market value or its book value, called intrinsic value, which is Belden'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 Belden's market value can be influenced by many factors that don't directly affect Belden'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 Belden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belden'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.