Boardwalk Cash vs Net Receivables Analysis
BEI-UN Stock | CAD 73.09 0.03 0.04% |
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 Cash and its Net Receivables 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.
Cash vs Net Receivables
Cash vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boardwalk Real Estate Cash account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Boardwalk Real's Cash and Net Receivables is -0.28. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables 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 Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Boardwalk Real Estate are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Boardwalk Real's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Boardwalk Real Estate, which is listed under current asset account on Boardwalk Real Estate balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Boardwalk Real customers. The amounts must be unrestricted with restricted cash listed in a different Boardwalk Real account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Receivables
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 Profit | 274.3M | 288.7M | 333.0M | 261.6M | Total Revenue | 470.5M | 494.8M | 545.7M | 372.7M |
Boardwalk Real fundamental ratios Correlations
Click cells to compare fundamentals
Boardwalk Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boardwalk Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 6.1B | 6.7B | 7.1B | 8.1B | 8.5B | |
Short Long Term Debt Total | 2.9B | 3.0B | 3.1B | 3.3B | 3.8B | 4.0B | |
Total Current Liabilities | 453.0M | 540.8M | 606.1M | 584.9M | 600.5M | 513.9M | |
Total Stockholder Equity | 3.1B | 2.9B | 3.3B | 3.5B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 36.3M | 32.2M | 29.9M | 31.4M | 30.6M | 29.1M | |
Net Debt | 2.8B | 2.9B | 3.0B | 3.2B | 3.0B | 1.6B | |
Retained Earnings | 2.9B | 2.7B | 3.0B | 3.3B | 3.9B | 4.1B | |
Non Currrent Assets Other | 6.2B | 6.0B | 6.5B | 6.9B | 7.9B | 8.3B | |
Other Assets | 3.5M | 4.6M | 1.2M | 859K | 773.1K | 734.4K | |
Common Stock Shares Outstanding | 46.4M | 51.0M | 46.5M | 50.4M | 53.9M | 52.5M | |
Liabilities And Stockholders Equity | 6.3B | 6.1B | 6.7B | 7.1B | 8.1B | 8.5B | |
Non Current Liabilities Total | 2.7B | 2.7B | 2.8B | 3.0B | 3.2B | 1.8B | |
Total Liab | 3.2B | 3.2B | 3.4B | 3.6B | 3.8B | 2.3B | |
Short Term Debt | 378.3M | 469.1M | 532.5M | 508.3M | 584.6M | 328.4M | |
Non Current Assets Total | 6.2B | 6.0B | 6.6B | 7.0B | 7.8B | 4.8B | |
Cash | 35.2M | 53.0M | 64.3M | 52.8M | 331.2M | 347.8M | |
Cash And Short Term Investments | 35.2M | 53.0M | 64.3M | 52.8M | 60.7M | 108.0M | |
Total Current Assets | 61.9M | 85.0M | 93.5M | 90.1M | 368.5M | 387.0M | |
Net Receivables | 4.4M | 11.8M | 6.9M | 5.0M | 4.9M | 8.2M | |
Common Stock | 200.3M | 202.5M | 214.7M | 211.9M | 190.7M | 171.0M | |
Other Current Liab | 11.0M | 10.6M | 12.0M | 14.1M | 12.7M | 12.0M | |
Other Current Assets | (34K) | 13.8M | 14.3M | 24.6M | 15.7M | 14.3M | |
Accounts Payable | 52.5M | 49.9M | 50.1M | 49.8M | 74.1M | 61.3M | |
Inventory | 8.3M | 6.4M | 8.0M | 7.8M | 6.9M | 7.3M | |
Current Deferred Revenue | 11.2M | 11.2M | 11.5M | 12.7M | 11.5M | 10.8M | |
Other Liab | 7.7M | 6.8M | 8.8M | 7.9M | 7.1M | 6.8M | |
Net Tangible Assets | 3.1B | 2.9B | 3.3B | 3.5B | 3.1B | 2.5B | |
Long Term Debt | 2.4B | 2.5B | 2.5B | 2.7B | 2.8B | 2.5B | |
Short Long Term Debt | 374.7M | 465.3M | 528.6M | 505.0M | 500.4M | 479.9M | |
Property Plant Equipment | 6.2B | 6.0B | 6.5B | 6.9B | 8.0B | 6.6B | |
Long Term Investments | 27.2M | 37.0M | 43.1M | 44.2M | 39.8M | 37.8M | |
Non Current Liabilities Other | 205.5M | 151.0M | 245.4M | 221.2M | 319.2M | 236.8M | |
Net Invested Capital | 5.9B | 5.8B | 6.3B | 6.7B | 7.6B | 6.9B | |
Net Working Capital | (391.1M) | (455.8M) | (512.7M) | (494.8M) | (232.0M) | (243.6M) | |
Capital Stock | 200.3M | 202.5M | 214.7M | 211.9M | 452.0M | 271.1M |
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 Boardwalk Real 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, Boardwalk Real's short interest history, or implied volatility extrapolated from Boardwalk Real options trading.
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
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Moving against Boardwalk Stock
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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.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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Boardwalk Stock analysis
When running Boardwalk Real's price analysis, check to measure Boardwalk Real'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 Boardwalk Real is operating at the current time. Most of Boardwalk Real's value examination focuses on studying past and present price action to predict the probability of Boardwalk Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boardwalk Real's price. Additionally, you may evaluate how the addition of Boardwalk Real to your portfolios can decrease your overall portfolio volatility.
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