Beam Other Assets vs Current Deferred Revenue 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 Other Assets and its Current Deferred Revenue 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.

Other Assets vs Current Deferred Revenue

Other Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Global Other Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Beam Global's Other Assets and Current Deferred Revenue is 0.07. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Current Deferred Revenue 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 Other Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Beam Global are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Assets i.e., Beam Global's Other Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Assets

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Amortization	125.1K	1.1M	1.9M	2.0M
Income Tax Expense	1K	2K	12K	12.6K

Depreciation And Amortization Income Tax Expense

Beam Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Other Current Assets	Property Plant And Equipment Gross	Non Current Liabilities Total
Total Assets		0.03	0.87	0.99	-0.55	-0.91	0.93	0.55	0.55	-0.56	0.96	0.97	0.93	0.97	-0.34	-0.54	0.77	0.95	0.35	0.95	-0.17	0.96	0.91	0.22	0.95	0.95
Short Long Term Debt Total	0.03		0.09	0.02	-0.14	-0.22	-0.02	0.23	0.23	0.49	0.1	0.14	0.04	0.11	0.7	0.49	-0.04	-0.06	0.16	-0.07	0.44	-0.03	-0.04	0.2	-0.07	-0.07
Total Current Liabilities	0.87	0.09		0.78	-0.11	-0.86	0.93	0.12	0.12	-0.29	0.83	0.86	0.98	0.73	-0.03	-0.27	0.91	0.88	0.62	0.95	0.01	0.91	0.96	0.37	0.88	0.86
Total Stockholder Equity	0.99	0.02	0.78		-0.68	-0.89	0.86	0.68	0.68	-0.63	0.96	0.96	0.86	0.99	-0.43	-0.62	0.71	0.9	0.27	0.89	-0.23	0.9	0.85	0.22	0.9	0.9
Net Debt	-0.55	-0.14	-0.11	-0.68		0.46	-0.26	-1.0	-1.0	0.59	-0.57	-0.56	-0.23	-0.74	0.53	0.59	-0.09	-0.37	0.18	-0.28	0.32	-0.35	-0.21	-0.03	-0.36	-0.39
Retained Earnings	-0.91	-0.22	-0.86	-0.89	0.46		-0.82	-0.48	-0.48	0.38	-0.96	-0.98	-0.87	-0.88	0.16	0.36	-0.8	-0.81	-0.5	-0.86	0.0	-0.84	-0.89	-0.45	-0.81	-0.81
Accounts Payable	0.93	-0.02	0.93	0.86	-0.26	-0.82		0.27	0.27	-0.38	0.83	0.87	0.99	0.82	-0.13	-0.36	0.74	0.99	0.39	0.98	-0.05	0.99	0.9	0.05	0.99	0.98
Cash	0.55	0.23	0.12	0.68	-1.0	-0.48	0.27		1.0	-0.54	0.58	0.57	0.24	0.75	-0.46	-0.54	0.09	0.37	-0.16	0.28	-0.27	0.36	0.21	0.05	0.36	0.39
Cash And Short Term Investments	0.55	0.23	0.12	0.68	-1.0	-0.48	0.27	1.0		-0.54	0.58	0.57	0.24	0.75	-0.46	-0.54	0.09	0.37	-0.16	0.28	-0.27	0.36	0.21	0.05	0.36	0.39
Common Stock Total Equity	-0.56	0.49	-0.29	-0.63	0.59	0.38	-0.38	-0.54	-0.54		-0.56	-0.5	-0.36	-0.61	0.85	1.0	-0.43	-0.45	0.01	-0.46	0.73	-0.44	-0.45	-0.22	-0.44	-0.45
Common Stock Shares Outstanding	0.96	0.1	0.83	0.96	-0.57	-0.96	0.83	0.58	0.58	-0.56		0.99	0.86	0.95	-0.35	-0.54	0.8	0.85	0.4	0.88	-0.14	0.87	0.89	0.4	0.84	0.84
Other Stockholder Equity	0.97	0.14	0.86	0.96	-0.56	-0.98	0.87	0.57	0.57	-0.5	0.99		0.9	0.96	-0.28	-0.48	0.78	0.89	0.4	0.91	-0.1	0.9	0.9	0.35	0.88	0.88
Total Liab	0.93	0.04	0.98	0.86	-0.23	-0.87	0.99	0.24	0.24	-0.36	0.86	0.9		0.82	-0.11	-0.34	0.83	0.96	0.5	0.99	-0.04	0.98	0.95	0.2	0.96	0.95
Total Current Assets	0.97	0.11	0.73	0.99	-0.74	-0.88	0.82	0.75	0.75	-0.61	0.95	0.96	0.82		-0.4	-0.6	0.65	0.86	0.24	0.84	-0.21	0.86	0.79	0.22	0.86	0.86
Short Term Debt	-0.34	0.7	-0.03	-0.43	0.53	0.16	-0.13	-0.46	-0.46	0.85	-0.35	-0.28	-0.11	-0.4		0.85	-0.25	-0.23	0.08	-0.23	0.6	-0.21	-0.23	-0.15	-0.22	-0.23
Common Stock	-0.54	0.49	-0.27	-0.62	0.59	0.36	-0.36	-0.54	-0.54	1.0	-0.54	-0.48	-0.34	-0.6	0.85		-0.41	-0.43	0.02	-0.43	0.74	-0.42	-0.43	-0.22	-0.42	-0.43
Other Current Liab	0.77	-0.04	0.91	0.71	-0.09	-0.8	0.74	0.09	0.09	-0.43	0.8	0.78	0.83	0.65	-0.25	-0.41		0.7	0.67	0.84	-0.13	0.73	0.94	0.67	0.69	0.66
Property Plant And Equipment Net	0.95	-0.06	0.88	0.9	-0.37	-0.81	0.99	0.37	0.37	-0.45	0.85	0.89	0.96	0.86	-0.23	-0.43	0.7		0.3	0.97	-0.11	0.99	0.88	0.0	1.0	1.0
Current Deferred Revenue	0.35	0.16	0.62	0.27	0.18	-0.5	0.39	-0.16	-0.16	0.01	0.4	0.4	0.5	0.24	0.08	0.02	0.67	0.3		0.45	0.17	0.35	0.54	0.62	0.3	0.27
Non Current Assets Total	0.95	-0.07	0.95	0.89	-0.28	-0.86	0.98	0.28	0.28	-0.46	0.88	0.91	0.99	0.84	-0.23	-0.43	0.84	0.97	0.45		-0.11	0.98	0.96	0.2	0.97	0.96
Non Currrent Assets Other	-0.17	0.44	0.01	-0.23	0.32	0.0	-0.05	-0.27	-0.27	0.73	-0.14	-0.1	-0.04	-0.21	0.6	0.74	-0.13	-0.11	0.17	-0.11		-0.09	-0.1	-0.06	-0.1	-0.11
Net Receivables	0.96	-0.03	0.91	0.9	-0.35	-0.84	0.99	0.36	0.36	-0.44	0.87	0.9	0.98	0.86	-0.21	-0.42	0.73	0.99	0.35	0.98	-0.09		0.9	0.06	0.99	0.99
Inventory	0.91	-0.04	0.96	0.85	-0.21	-0.89	0.9	0.21	0.21	-0.45	0.89	0.9	0.95	0.79	-0.23	-0.43	0.94	0.88	0.54	0.96	-0.1	0.9		0.43	0.88	0.86
Other Current Assets	0.22	0.2	0.37	0.22	-0.03	-0.45	0.05	0.05	0.05	-0.22	0.4	0.35	0.2	0.22	-0.15	-0.22	0.67	0.0	0.62	0.2	-0.06	0.06	0.43		-0.01	-0.04
Property Plant And Equipment Gross	0.95	-0.07	0.88	0.9	-0.36	-0.81	0.99	0.36	0.36	-0.44	0.84	0.88	0.96	0.86	-0.22	-0.42	0.69	1.0	0.3	0.97	-0.1	0.99	0.88	-0.01		1.0
Non Current Liabilities Total	0.95	-0.07	0.86	0.9	-0.39	-0.81	0.98	0.39	0.39	-0.45	0.84	0.88	0.95	0.86	-0.23	-0.43	0.66	1.0	0.27	0.96	-0.11	0.99	0.86	-0.04	1.0

Click cells to compare fundamentals

Beam Global Account Relationship Matchups

Beam Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3M	32.9M	30.7M	37.7M	77.9M	81.8M
Short Long Term Debt Total	572.9K	2.4M	2.1M	1.7M	1.3M	1.6M
Total Current Liabilities	1.5M	1.8M	3.0M	13.2M	16.9M	17.7M
Total Stockholder Equity	5.8M	29.2M	26.0M	23.2M	49.5M	52.0M
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 Payable	485.0K	728K	1.6M	2.9M	9.7M	10.2M
Cash	3.8M	26.7M	21.9M	1.7M	10.4M	10.9M
Cash And Short Term Investments	3.8M	26.7M	21.9M	1.7M	10.4M	10.9M
Common Stock Total Equity	141.8K	145.3K	5.2K	8.5K	9.8K	9.3K
Common Stock Shares Outstanding	4.5M	6.2M	8.9M	9.9M	12.3M	13.0M
Liabilities And Stockholders Equity	7.3M	32.9M	30.7M	37.7M	77.9M	81.8M
Other Stockholder Equity	51.6M	80.2M	83.6M	100.5M	142.3M	149.4M
Total Liab	1.5M	3.8M	4.7M	14.5M	28.4M	29.8M
Total Current Assets	6.6M	29.9M	27.6M	19.9M	40.7M	42.7M
Short Term Debt	572.9K	521K	468K	628K	655K	1.2M
Common Stock	5.2K	8.5K	9.0K	10K	14K	13.3K
Other Current Liab	311.3K	484K	784K	8.5M	5.7M	5.9M
Property Plant And Equipment Net	419.4K	2.7M	2.7M	3.2M	17.5M	18.4M
Current Deferred Revenue	93.6K	107K	136K	1.2M	828K	439.5K
Non Current Assets Total	681.4K	3M	3.1M	17.8M	37.2M	39.1M
Non Currrent Assets Other	300.6K	56.9K	52K	62K	73K	105.3K
Net Receivables	766.2K	1.8M	3.8M	4.4M	16.1M	16.9M
Inventory	1.8M	1.1M	1.6M	12.2M	14.2M	14.9M
Other Current Assets	146.1K	321K	180K	1.6M	73.0K	69.3K
Property Plant And Equipment Gross	419.4K	2.7M	2.7M	3.2M	19.3M	20.2M
Accumulated Other Comprehensive Income	(346.4K)	(409.4K)	0.0	624K	717.6K	753.5K
Non Current Liabilities Total	1.2M	1.9M	1.7M	1.4M	11.5M	12.1M
Intangible Assets	205.2K	294K	360K	9.9M	9.1M	9.5M
Net Tangible Assets	(2.6M)	5.6M	28.9M	25.6M	29.5M	30.9M
Other Assets	300.6K	56.9K	52K	62K	55.8K	95.5K
Short Long Term Debt	2.6M	2.9M	223.7K	40K	36K	34.2K
Property Plant Equipment	133.2K	419.4K	2.7M	2.7M	3.1M	3.2M
Net Invested Capital	6.0M	29.2M	26.0M	23.2M	49.7M	52.2M
Net Working Capital	5.1M	28.1M	24.6M	6.8M	23.8M	13.3M
Capital Stock	5.2K	8.5K	9.0K	10K	14K	25.6K

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

0.78	BBU	Brookfield Business Earnings Call This Week	Pair Corr
0.63	CYD	China Yuchai Interna	Pair Corr

Moving against Beam Stock

0.67	MMM	3M Company Financial Report 23rd of July 2024	Pair Corr
0.65	IGC	India Globalization	Pair Corr
0.63	FIP	FTAI Infrastructure Earnings Call This Week	Pair Corr
0.59	MLR	Miller Industries	Pair Corr
0.52	GBX	Greenbrier Companies Financial Report 4th of July 2024	Pair Corr

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 Correlation Correlation 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Beam Stock analysis

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.

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Beam Other Assets vs Current Deferred Revenue Analysis

Other Assets vs Current Deferred Revenue

Other Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Other Assets

Current Deferred Revenue

Beam Global fundamental ratios Correlations

Beam Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beam Global fundamental ratios Accounts

Pair Trading with Beam Global

Moving together with Beam Stock

Moving against Beam Stock

Complementary Tools for Beam Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Gross
Total Stockholder Equity	+ 0.99	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Retained Earnings	- 0.91	Total Assets
Inventory	- 0.89	Retained Earnings