Boardwalk Cash vs Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Boardwalk Real's Cash and Property Plant And Equipment Net is 0.3. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Boardwalk Real's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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

  0.62IBM International BusinessPairCorr

Moving against Boardwalk Stock

  0.51GOOG Alphabet CDRPairCorr
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 CEOs Directory module to screen CEOs from public companies around the world.

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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.