Bumble Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis
BMBL Stock | USD 11.98 0.47 4.08% |
Bumble financial indicator trend analysis is way more than just evaluating Bumble Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bumble Inc is a good investment. Please check the relationship between Bumble Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bumble Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Cash And Short Term Investments vs Common Stock Shares Outstanding
Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bumble Inc Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bumble's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bumble Inc, assuming nothing else is changed. The correlation between historical values of Bumble's Cash And Short Term Investments and Common Stock Shares Outstanding 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 And Short Term Investments of Bumble Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Bumble's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bumble Inc balance sheet. This account contains Bumble investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bumble Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Bumble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bumble Inc 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 Bumble Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Bumble's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 20.40 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 555.7M | 654.0M | 676.0M | 519.6M | Total Revenue | 765.7M | 903.5M | 1.1B | 744.1M |
Bumble fundamental ratios Correlations
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Bumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bumble fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 210.3M | 3.6B | 3.8B | 3.7B | 3.6B | 2.8B | |
Other Current Liab | 82.4M | 181.0M | 111.5M | 156.4M | 184.6M | 135.8M | |
Total Current Liabilities | 121.5M | 241.3M | 173.2M | 211.7M | 244.9M | 196.2M | |
Total Stockholder Equity | 23.7M | 2.1B | 1.6B | 1.6B | 1.6B | 1.3B | |
Other Liab | 49.4M | 484.4M | 508.0M | 394.4M | 453.6M | 332.3M | |
Net Tangible Assets | 22.4M | (1.3B) | (1.6B) | (1.5B) | (1.3B) | (1.4B) | |
Property Plant And Equipment Net | 30.3M | 28.5M | 41.0M | 31.9M | 27.9M | 31.5M | |
Current Deferred Revenue | 24.7M | 31.3M | 39.9M | 46.1M | 48.7M | 39.3M | |
Net Debt | (41.4M) | 698.2M | 253.8M | 222.4M | 279.7M | 252.9M | |
Retained Earnings | 23.4M | 0.0 | (52.9M) | (139.9M) | (144.1M) | (136.9M) | |
Accounts Payable | 8.1M | 23.7M | 19.2M | 3.4M | 4.6M | 9.0M | |
Cash | 57.4M | 128.0M | 369.2M | 402.6M | 355.6M | 246.8M | |
Non Current Assets Total | 40.5M | 3.4B | 3.3B | 3.2B | 3.1B | 2.4B | |
Non Currrent Assets Other | 835K | (9.6M) | 6.7M | 28.5M | (1.5B) | (1.4B) | |
Other Assets | 8.1M | 4.4M | 28.4M | 52.6M | 60.5M | 63.5M | |
Cash And Short Term Investments | 57.4M | 128.0M | 369.2M | 402.6M | 355.6M | 246.8M | |
Net Receivables | 104.3M | 41.6M | 47.5M | 66.9M | 106.9M | 76.7M | |
Liabilities And Stockholders Equity | 210.3M | 3.6B | 3.8B | 3.7B | 3.6B | 2.8B | |
Non Current Liabilities Total | 59.2M | 1.3B | 1.1B | 1.0B | 1.0B | 851.2M | |
Capital Lease Obligations | 16.0M | 10.8M | 25.6M | 16.9M | 14.4M | 15.3M | |
Other Current Assets | 4.7M | 81.4M | 52.8M | 31.9M | 30.5M | 37.8M | |
Other Stockholder Equity | (339K) | 808K | 1.6B | 1.7B | 1.7B | 912.1M | |
Total Liab | 180.6M | 1.6B | 1.3B | 1.2B | 1.3B | 1.0B | |
Net Invested Capital | 23.7M | 2.9B | 2.2B | 2.3B | 2.3B | 1.8B | |
Property Plant And Equipment Gross | 30.3M | 28.5M | 41.0M | 31.9M | 43.7M | 34.4M | |
Total Current Assets | 169.8M | 251.0M | 469.5M | 501.4M | 493.1M | 363.3M | |
Accumulated Other Comprehensive Income | 644K | 180.9M | 80.6M | 74.5M | 79.0M | 76.3M | |
Non Current Liabilities Other | 48.8M | 62.2M | 119.2M | 838K | 1.4M | 1.4M | |
Net Working Capital | 48.4M | 9.7M | 296.3M | 289.7M | 248.1M | 167.1M | |
Short Term Debt | 6.2M | 5.3M | 2.6M | 5.8M | 6.9M | 6.4M | |
Intangible Assets | 1.2M | 1.8B | 1.7B | 1.5B | 1.5B | 1.2B | |
Property Plant Equipment | 30.3M | 28.5M | 41.0M | 31.9M | 36.7M | 31.6M |
Pair Trading with Bumble
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 Bumble 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 Bumble will appreciate offsetting losses from the drop in the long position's value.Moving together with Bumble Stock
0.87 | U | Unity Software | PairCorr |
0.86 | DT | Dynatrace Holdings LLC Earnings Call Today | PairCorr |
Moving against Bumble Stock
0.73 | DOCU | DocuSign Sell-off Trend | PairCorr |
0.69 | ML | MoneyLion Tech Boost | PairCorr |
0.65 | VERX | Vertex | PairCorr |
0.49 | DSGX | Descartes Systems Financial Report 29th of May 2024 | PairCorr |
0.47 | DJCO | Daily Journal Corp Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Bumble could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bumble 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 Bumble - 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 Bumble Inc to buy it.
The correlation of Bumble 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 Bumble moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bumble Inc 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 Bumble 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 Bumble Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Bumble Inc information on this page should be used as a complementary analysis to other Bumble'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Bumble Stock analysis
When running Bumble's price analysis, check to measure Bumble'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 Bumble is operating at the current time. Most of Bumble's value examination focuses on studying past and present price action to predict the probability of Bumble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bumble's price. Additionally, you may evaluate how the addition of Bumble to your portfolios can decrease your overall portfolio volatility.
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Is Bumble'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 Bumble. If investors know Bumble 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 Bumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Earnings Share 0.17 | Revenue Per Share 8.026 | Quarterly Revenue Growth 0.102 | Return On Assets 0.012 |
The market value of Bumble Inc is measured differently than its book value, which is the value of Bumble that is recorded on the company's balance sheet. Investors also form their own opinion of Bumble's value that differs from its market value or its book value, called intrinsic value, which is Bumble'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 Bumble's market value can be influenced by many factors that don't directly affect Bumble'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 Bumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bumble'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.