Boardwalk Accounts Payable vs Total Assets Analysis

BEI-UN Stock  CAD 73.09  0.16  0.22%   
Boardwalk Real financial indicator trend analysis is way more than just evaluating Boardwalk Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boardwalk Real Estate is a good investment. Please check the relationship between Boardwalk Real Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boardwalk Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boardwalk Real Estate Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Boardwalk Real's Accounts Payable and Total Assets is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Boardwalk Real Estate, assuming nothing else is changed. The correlation between historical values of Boardwalk Real's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Boardwalk Real Estate are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Boardwalk Real's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Boardwalk Real obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Boardwalk Real Estate are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Boardwalk Real 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 Boardwalk Real Estate 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.
Most indicators from Boardwalk Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boardwalk Real Estate 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 Boardwalk Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At present, Boardwalk Real's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 36.76, whereas Selling General Administrative is forecasted to decline to about 26.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit274.3M288.7M333.0M261.6M
Total Revenue470.5M494.8M545.7M372.7M

Boardwalk Real fundamental ratios Correlations

0.960.730.99-0.140.730.980.6-0.820.880.8-0.130.840.70.840.520.140.590.01-0.86-0.890.080.20.38-0.56-0.55
0.960.630.92-0.240.760.890.76-0.70.770.79-0.230.810.710.80.42-0.080.490.06-0.72-0.80.120.240.49-0.74-0.72
0.730.630.70.290.630.780.4-0.750.810.660.310.770.680.740.330.320.410.24-0.7-0.720.130.070.09-0.21-0.23
0.990.920.7-0.190.660.980.52-0.820.870.74-0.180.780.690.810.580.20.64-0.01-0.87-0.880.060.230.31-0.45-0.45
-0.14-0.240.29-0.19-0.26-0.03-0.25-0.10.13-0.131.0-0.05-0.46-0.180.30.590.27-0.18-0.10.17-0.070.03-0.320.290.35
0.730.760.630.66-0.260.650.55-0.650.680.97-0.250.950.820.94-0.09-0.18-0.010.13-0.53-0.820.07-0.020.54-0.58-0.66
0.980.890.780.98-0.030.650.46-0.870.920.74-0.010.80.640.810.60.320.67-0.04-0.92-0.890.050.20.26-0.39-0.38
0.60.760.40.52-0.250.550.46-0.240.290.49-0.250.510.590.480.13-0.490.20.29-0.19-0.320.220.230.38-0.86-0.75
-0.82-0.7-0.75-0.82-0.1-0.65-0.87-0.24-0.86-0.74-0.11-0.79-0.53-0.77-0.46-0.49-0.490.270.850.870.060.190.010.180.18
0.880.770.810.870.130.680.920.29-0.860.770.140.830.580.80.50.440.570.03-0.93-0.910.00.140.28-0.28-0.3
0.80.790.660.74-0.130.970.740.49-0.740.77-0.120.990.750.970.12-0.010.19-0.03-0.63-0.850.060.050.48-0.53-0.6
-0.13-0.230.31-0.181.0-0.25-0.01-0.25-0.110.14-0.12-0.04-0.45-0.160.310.60.28-0.18-0.110.15-0.070.03-0.320.290.34
0.840.810.770.78-0.050.950.80.51-0.790.830.99-0.040.780.980.180.060.250.03-0.69-0.870.080.070.43-0.51-0.56
0.70.710.680.69-0.460.820.640.59-0.530.580.75-0.450.780.840.0-0.260.090.38-0.44-0.710.160.120.32-0.43-0.49
0.840.80.740.81-0.180.940.810.48-0.770.80.97-0.160.980.840.190.030.260.02-0.67-0.870.080.110.4-0.44-0.51
0.520.420.330.580.3-0.090.60.13-0.460.50.120.310.180.00.190.590.99-0.28-0.57-0.260.10.4-0.24-0.040.1
0.14-0.080.320.20.59-0.180.32-0.49-0.490.44-0.010.60.06-0.260.030.590.56-0.34-0.48-0.240.0-0.23-0.460.50.55
0.590.490.410.640.27-0.010.670.2-0.490.570.190.280.250.090.260.990.56-0.19-0.63-0.340.130.44-0.16-0.10.02
0.010.060.24-0.01-0.180.13-0.040.290.270.03-0.03-0.180.030.380.02-0.28-0.34-0.190.02-0.050.260.230.31-0.24-0.29
-0.86-0.72-0.7-0.87-0.1-0.53-0.92-0.190.85-0.93-0.63-0.11-0.69-0.44-0.67-0.57-0.48-0.630.020.90.09-0.14-0.240.240.26
-0.89-0.8-0.72-0.880.17-0.82-0.89-0.320.87-0.91-0.850.15-0.87-0.71-0.87-0.26-0.24-0.34-0.050.90.040.02-0.40.370.43
0.080.120.130.06-0.070.070.050.220.060.00.06-0.070.080.160.080.10.00.130.260.090.04-0.1-0.03-0.09-0.08
0.20.240.070.230.03-0.020.20.230.190.140.050.030.070.120.110.4-0.230.440.23-0.140.02-0.10.32-0.21-0.23
0.380.490.090.31-0.320.540.260.380.010.280.48-0.320.430.320.4-0.24-0.46-0.160.31-0.24-0.4-0.030.32-0.67-0.8
-0.56-0.74-0.21-0.450.29-0.58-0.39-0.860.18-0.28-0.530.29-0.51-0.43-0.44-0.040.5-0.1-0.240.240.37-0.09-0.21-0.670.93
-0.55-0.72-0.23-0.450.35-0.66-0.38-0.750.18-0.3-0.60.34-0.56-0.49-0.510.10.550.02-0.290.260.43-0.08-0.23-0.80.93
Click cells to compare fundamentals

Boardwalk Real Account Relationship Matchups

Boardwalk Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B6.1B6.7B7.1B8.1B8.5B
Short Long Term Debt Total2.9B3.0B3.1B3.3B3.8B4.0B
Total Current Liabilities453.0M540.8M606.1M584.9M600.5M513.9M
Total Stockholder Equity3.1B2.9B3.3B3.5B4.3B4.5B
Property Plant And Equipment Net36.3M32.2M29.9M31.4M30.6M29.1M
Net Debt2.8B2.9B3.0B3.2B3.0B1.6B
Retained Earnings2.9B2.7B3.0B3.3B3.9B4.1B
Non Currrent Assets Other6.2B6.0B6.5B6.9B7.9B8.3B
Other Assets3.5M4.6M1.2M859K773.1K734.4K
Common Stock Shares Outstanding46.4M51.0M46.5M50.4M53.9M52.5M
Liabilities And Stockholders Equity6.3B6.1B6.7B7.1B8.1B8.5B
Non Current Liabilities Total2.7B2.7B2.8B3.0B3.2B1.8B
Total Liab3.2B3.2B3.4B3.6B3.8B2.3B
Short Term Debt378.3M469.1M532.5M508.3M584.6M328.4M
Non Current Assets Total6.2B6.0B6.6B7.0B7.8B4.8B
Cash35.2M53.0M64.3M52.8M331.2M347.8M
Cash And Short Term Investments35.2M53.0M64.3M52.8M60.7M108.0M
Total Current Assets61.9M85.0M93.5M90.1M368.5M387.0M
Net Receivables4.4M11.8M6.9M5.0M4.9M8.2M
Common Stock200.3M202.5M214.7M211.9M190.7M171.0M
Other Current Liab11.0M10.6M12.0M14.1M12.7M12.0M
Other Current Assets(34K)13.8M14.3M24.6M15.7M14.3M
Accounts Payable52.5M49.9M50.1M49.8M74.1M61.3M
Inventory8.3M6.4M8.0M7.8M6.9M7.3M
Current Deferred Revenue11.2M11.2M11.5M12.7M11.5M10.8M
Other Liab7.7M6.8M8.8M7.9M7.1M6.8M
Net Tangible Assets3.1B2.9B3.3B3.5B3.1B2.5B
Long Term Debt2.4B2.5B2.5B2.7B2.8B2.5B
Short Long Term Debt374.7M465.3M528.6M505.0M500.4M479.9M
Property Plant Equipment6.2B6.0B6.5B6.9B8.0B6.6B
Long Term Investments27.2M37.0M43.1M44.2M39.8M37.8M
Non Current Liabilities Other205.5M151.0M245.4M221.2M319.2M236.8M
Net Invested Capital5.9B5.8B6.3B6.7B7.6B6.9B
Net Working Capital(391.1M)(455.8M)(512.7M)(494.8M)(232.0M)(243.6M)
Capital Stock200.3M202.5M214.7M211.9M452.0M271.1M

Pair Trading with Boardwalk Real

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

Moving together with Boardwalk Stock

  0.65CYB CymbriaPairCorr
The ability to find closely correlated positions to Boardwalk Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boardwalk Real 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 Boardwalk Real - 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 Boardwalk Real Estate to buy it.
The correlation of Boardwalk Real 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 Boardwalk Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boardwalk Real Estate 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 Boardwalk Real 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 Boardwalk Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Please note, there is a significant difference between Boardwalk Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boardwalk Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boardwalk Real'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.