Boardwalk Long Term Debt vs Current Deferred Revenue 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 Long Term Debt and its Current Deferred Revenue 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.

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boardwalk Real Estate Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Boardwalk Real's Long Term Debt and Current Deferred Revenue is -0.89. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue 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 Long Term Debt 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 Long Term Debt of Boardwalk Real Estate 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 Long Term Debt i.e., Boardwalk Real's Long Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Boardwalk Real Estate has held for over one year. Long-term debt appears on Boardwalk Real Estate balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Boardwalk Real Estate balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 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.
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.