Beam Deferred Long Term Liab vs Total Liab Analysis

BEEM Stock  USD 6.54  0.11  1.71%   
Beam Global financial indicator trend analysis is way more than just evaluating Beam Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beam Global is a good investment. Please check the relationship between Beam Global Deferred Long Term Liab and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Deferred Long Term Liab vs Total Liab

Deferred Long Term Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Global Deferred Long Term Liab account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beam Global's Deferred Long Term Liab and Total Liab is 0.56. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Beam Global, assuming nothing else is changed. The correlation between historical values of Beam Global's Deferred Long Term Liab and Total 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 Deferred Long Term Liab of Beam Global are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Deferred Long Term Liab i.e., Beam Global's Deferred Long Term Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Beam Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beam Global 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 Beam Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Beam Global's Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Tax Provision is likely to grow to about 14.7 K, while Enterprise Value Over EBITDA is likely to drop (5.91).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization125.1K1.1M1.9M2.0M
Income Tax Expense1K2K12K12.6K

Beam Global fundamental ratios Correlations

0.030.870.99-0.55-0.910.930.550.55-0.560.960.970.930.97-0.34-0.540.770.950.350.95-0.120.960.910.220.950.95
0.030.090.02-0.14-0.22-0.020.230.230.490.10.140.040.110.70.49-0.04-0.060.16-0.070.37-0.03-0.040.2-0.07-0.07
0.870.090.78-0.11-0.860.930.120.12-0.290.830.860.980.73-0.03-0.270.910.880.620.950.040.910.960.370.880.86
0.990.020.78-0.68-0.890.860.680.68-0.630.960.960.860.99-0.43-0.620.710.90.270.89-0.170.90.850.220.90.9
-0.55-0.14-0.11-0.680.46-0.26-1.0-1.00.59-0.57-0.56-0.23-0.740.530.59-0.09-0.370.18-0.280.24-0.35-0.21-0.03-0.36-0.39
-0.91-0.22-0.86-0.890.46-0.82-0.48-0.480.38-0.96-0.98-0.87-0.880.160.36-0.8-0.81-0.5-0.86-0.03-0.84-0.89-0.45-0.81-0.81
0.93-0.020.930.86-0.26-0.820.270.27-0.380.830.870.990.82-0.13-0.360.740.990.390.98-0.020.990.90.050.990.98
0.550.230.120.68-1.0-0.480.271.0-0.540.580.570.240.75-0.46-0.540.090.37-0.160.28-0.20.360.210.050.360.39
0.550.230.120.68-1.0-0.480.271.0-0.540.580.570.240.75-0.46-0.540.090.37-0.160.28-0.20.360.210.050.360.39
-0.560.49-0.29-0.630.590.38-0.38-0.54-0.54-0.56-0.5-0.36-0.610.851.0-0.43-0.450.01-0.460.58-0.44-0.45-0.22-0.44-0.45
0.960.10.830.96-0.57-0.960.830.580.58-0.560.990.860.95-0.35-0.540.80.850.40.88-0.090.870.890.40.840.84
0.970.140.860.96-0.56-0.980.870.570.57-0.50.990.90.96-0.28-0.480.780.890.40.91-0.060.90.90.350.880.88
0.930.040.980.86-0.23-0.870.990.240.24-0.360.860.90.82-0.11-0.340.830.960.50.990.00.980.950.20.960.95
0.970.110.730.99-0.74-0.880.820.750.75-0.610.950.960.82-0.4-0.60.650.860.240.84-0.150.860.790.220.860.86
-0.340.7-0.03-0.430.530.16-0.13-0.46-0.460.85-0.35-0.28-0.11-0.40.85-0.25-0.230.08-0.230.46-0.21-0.23-0.15-0.22-0.23
-0.540.49-0.27-0.620.590.36-0.36-0.54-0.541.0-0.54-0.48-0.34-0.60.85-0.41-0.430.02-0.430.58-0.42-0.43-0.22-0.42-0.43
0.77-0.040.910.71-0.09-0.80.740.090.09-0.430.80.780.830.65-0.25-0.410.70.670.84-0.090.730.940.670.690.66
0.95-0.060.880.9-0.37-0.810.990.370.37-0.450.850.890.960.86-0.23-0.430.70.30.97-0.070.990.880.01.01.0
0.350.160.620.270.18-0.50.39-0.16-0.160.010.40.40.50.240.080.020.670.30.450.280.350.540.620.30.27
0.95-0.070.950.89-0.28-0.860.980.280.28-0.460.880.910.990.84-0.23-0.430.840.970.45-0.070.980.960.20.970.96
-0.120.370.04-0.170.24-0.03-0.02-0.2-0.20.58-0.09-0.060.0-0.150.460.58-0.09-0.070.28-0.07-0.05-0.06-0.02-0.07-0.07
0.96-0.030.910.9-0.35-0.840.990.360.36-0.440.870.90.980.86-0.21-0.420.730.990.350.98-0.050.90.060.990.99
0.91-0.040.960.85-0.21-0.890.90.210.21-0.450.890.90.950.79-0.23-0.430.940.880.540.96-0.060.90.430.880.86
0.220.20.370.22-0.03-0.450.050.050.05-0.220.40.350.20.22-0.15-0.220.670.00.620.2-0.020.060.43-0.01-0.04
0.95-0.070.880.9-0.36-0.810.990.360.36-0.440.840.880.960.86-0.22-0.420.691.00.30.97-0.070.990.88-0.011.0
0.95-0.070.860.9-0.39-0.810.980.390.39-0.450.840.880.950.86-0.23-0.430.661.00.270.96-0.070.990.86-0.041.0
Click cells to compare fundamentals

Beam Global Account Relationship Matchups

Beam Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M32.9M30.7M37.7M77.9M81.8M
Short Long Term Debt Total572.9K2.4M2.1M1.7M1.3M1.6M
Total Current Liabilities1.5M1.8M3.0M13.2M16.9M17.7M
Total Stockholder Equity5.8M29.2M26.0M23.2M49.5M52.0M
Net Debt(3.3M)(24.3M)(19.9M)17K(9.1M)(8.7M)
Retained Earnings(45.8M)(51.0M)(57.6M)(77.3M)(93.4M)(88.7M)
Accounts Payable485.0K728K1.6M2.9M9.7M10.2M
Cash3.8M26.7M21.9M1.7M10.4M10.9M
Cash And Short Term Investments3.8M26.7M21.9M1.7M10.4M10.9M
Common Stock Total Equity141.8K145.3K5.2K8.5K9.8K9.3K
Common Stock Shares Outstanding4.5M6.2M8.9M9.9M12.3M13.0M
Liabilities And Stockholders Equity7.3M32.9M30.7M37.7M77.9M81.8M
Other Stockholder Equity51.6M80.2M83.6M100.5M142.3M149.4M
Total Liab1.5M3.8M4.7M14.5M28.4M29.8M
Total Current Assets6.6M29.9M27.6M19.9M40.7M42.7M
Short Term Debt572.9K521K468K628K655K1.2M
Common Stock5.2K8.5K9.0K10K14K13.3K
Other Current Liab311.3K484K784K8.5M5.7M5.9M
Property Plant And Equipment Net419.4K2.7M2.7M3.2M17.5M18.4M
Current Deferred Revenue93.6K107K136K1.2M828K439.5K
Non Current Assets Total681.4K3M3.1M17.8M37.2M39.1M
Non Currrent Assets Other300.6K56.9K52K62K73K93.2K
Net Receivables766.2K1.8M3.8M4.4M16.1M16.9M
Inventory1.8M1.1M1.6M12.2M14.2M14.9M
Other Current Assets146.1K321K180K1.6M73.0K69.3K
Property Plant And Equipment Gross419.4K2.7M2.7M3.2M19.3M20.2M
Accumulated Other Comprehensive Income(307.2K)(346.4K)0.0624K717.6K753.5K
Non Current Liabilities Total1.2M1.9M1.7M1.4M11.5M12.1M
Intangible Assets205.2K294K360K9.9M9.1M9.5M
Net Tangible Assets(2.6M)5.6M28.9M25.6M29.5M30.9M
Other Assets300.6K56.9K52K62K55.8K95.5K
Short Long Term Debt2.6M2.9M223.7K40K36K34.2K
Property Plant Equipment133.2K419.4K2.7M2.7M3.1M3.2M
Net Invested Capital6.0M29.2M26.0M23.2M49.7M52.2M
Net Working Capital5.1M28.1M24.6M6.8M23.8M13.3M
Capital Stock5.2K8.5K9.0K10K14K25.6K
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 Beam Global 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, Beam Global's short interest history, or implied volatility extrapolated from Beam Global options trading.

Pair Trading with Beam Global

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

Moving together with Beam Stock

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Moving against Beam Stock

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The ability to find closely correlated positions to Beam Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beam Global 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 Beam Global - 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 Beam Global to buy it.
The correlation of Beam Global 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 Beam Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beam Global 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 Beam Global 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Beam Global information on this page should be used as a complementary analysis to other Beam Global'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Beam Global's price analysis, check to measure Beam Global'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 Beam Global is operating at the current time. Most of Beam Global's value examination focuses on studying past and present price action to predict the probability of Beam Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beam Global's price. Additionally, you may evaluate how the addition of Beam Global to your portfolios can decrease your overall portfolio volatility.
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Is Beam Global'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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.30)
Revenue Per Share
5.456
Quarterly Revenue Growth
1.536
Return On Assets
(0.17)
Return On Equity
(0.44)
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global'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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global'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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global'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.