Broadstone Net Debt vs Non Current Assets Total Analysis

BNL Stock

USD 15.24 0.62 4.24%

Broadstone Net financial indicator trend analysis is way more than just evaluating Broadstone Net LeaseInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadstone Net LeaseInc is a good investment. Please check the relationship between Broadstone Net Net Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net LeaseInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadstone Net LeaseInc Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Broadstone Net's Net Debt and Non Current Assets Total is 0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Broadstone Net LeaseInc, assuming nothing else is changed. The correlation between historical values of Broadstone Net's Net Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Broadstone Net LeaseInc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Broadstone Net's Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Broadstone Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadstone Net LeaseInc 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 Broadstone Net LeaseInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Broadstone Net's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.12 this year, although the value of Selling General Administrative will most likely fall to about 32.6 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	132.1M	154.8M	152.8M	109.9M
Interest Income	17K	44K	512K	486.4K

Depreciation And Amortization Interest Income

Broadstone Net fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.58	0.52	0.84	0.2	0.62	0.02	0.69	-0.7	0.54	-0.7	0.14	-0.43	0.59	0.52	0.85	0.5	-0.43	0.65	0.65	0.52	0.49	0.64	0.35	0.19	0.61
Total Assets	0.58		0.96	0.83	0.37	0.99	0.65	0.96	-0.61	0.95	-0.95	0.83	0.24	1.0	0.97	0.8	0.94	0.24	0.99	0.97	0.95	0.97	0.97	0.84	-0.58	0.99
Short Long Term Debt Total	0.52	0.96		0.74	0.48	0.9	0.77	0.88	-0.42	1.0	-0.88	0.75	0.12	0.96	0.96	0.7	0.99	0.12	0.92	0.87	0.99	0.99	0.88	0.91	-0.48	0.9
Other Current Liab	0.84	0.83	0.74		0.28	0.87	0.32	0.86	-0.81	0.74	-0.93	0.51	-0.06	0.84	0.76	1.0	0.7	-0.06	0.86	0.85	0.7	0.73	0.84	0.59	-0.23	0.86
Total Current Liabilities	0.2	0.37	0.48	0.28		0.31	0.4	0.28	0.13	0.5	-0.24	0.05	-0.43	0.38	0.31	0.23	0.44	-0.43	0.29	0.25	0.39	0.35	0.25	0.5	0.15	0.3
Total Stockholder Equity	0.62	0.99	0.9	0.87	0.31		0.55	0.98	-0.7	0.89	-0.96	0.82	0.26	0.99	0.94	0.84	0.88	0.26	0.99	0.99	0.89	0.92	0.99	0.76	-0.58	1.0
Other Liab	0.02	0.65	0.77	0.32	0.4	0.55		0.5	0.11	0.76	-0.55	0.64	0.27	0.65	0.69	0.28	0.8	0.27	0.58	0.51	0.79	0.76	0.52	0.93	-0.51	0.56
Net Tangible Assets	0.69	0.96	0.88	0.86	0.28	0.98	0.5		-0.7	0.87	-0.94	0.77	0.18	0.97	0.92	0.84	0.86	0.18	0.99	1.0	0.89	0.9	1.0	0.75	-0.51	0.98
Property Plant And Equipment Net	-0.7	-0.61	-0.42	-0.81	0.13	-0.7	0.11	-0.7		-0.42	0.75	-0.5	-0.2	-0.61	-0.52	-0.84	-0.38	-0.2	-0.67	-0.7	-0.4	-0.47	-0.69	-0.14	0.35	-0.7
Net Debt	0.54	0.95	1.0	0.74	0.5	0.89	0.76	0.87	-0.42		-0.88	0.73	0.07	0.95	0.96	0.71	0.99	0.07	0.91	0.87	0.98	0.98	0.87	0.91	-0.44	0.89
Retained Earnings	-0.7	-0.95	-0.88	-0.93	-0.24	-0.96	-0.55	-0.94	0.75	-0.88		-0.76	-0.19	-0.95	-0.9	-0.92	-0.87	-0.19	-0.96	-0.94	-0.88	-0.9	-0.94	-0.76	0.5	-0.96
Accounts Payable	0.14	0.83	0.75	0.51	0.05	0.82	0.64	0.77	-0.5	0.73	-0.76		0.72	0.82	0.81	0.5	0.76	0.72	0.8	0.8	0.78	0.83	0.81	0.67	-0.93	0.83
Cash	-0.43	0.24	0.12	-0.06	-0.43	0.26	0.27	0.18	-0.2	0.07	-0.19	0.72		0.22	0.25	-0.06	0.13	1.0	0.21	0.23	0.15	0.24	0.24	0.11	-0.91	0.27
Non Current Assets Total	0.59	1.0	0.96	0.84	0.38	0.99	0.65	0.97	-0.61	0.95	-0.95	0.82	0.22		0.97	0.81	0.94	0.22	0.99	0.97	0.95	0.97	0.97	0.84	-0.57	0.99
Non Currrent Assets Other	0.52	0.97	0.96	0.76	0.31	0.94	0.69	0.92	-0.52	0.96	-0.9	0.81	0.25	0.97		0.72	0.96	0.25	0.95	0.92	0.96	0.98	0.93	0.85	-0.57	0.95
Other Assets	0.85	0.8	0.7	1.0	0.23	0.84	0.28	0.84	-0.84	0.71	-0.92	0.5	-0.06	0.81	0.72		0.67	-0.06	0.85	0.83	0.67	0.7	0.83	0.55	-0.22	0.84
Long Term Debt	0.5	0.94	0.99	0.7	0.44	0.88	0.8	0.86	-0.38	0.99	-0.87	0.76	0.13	0.94	0.96	0.67		0.13	0.9	0.86	0.99	0.99	0.86	0.94	-0.49	0.88
Cash And Short Term Investments	-0.43	0.24	0.12	-0.06	-0.43	0.26	0.27	0.18	-0.2	0.07	-0.19	0.72	1.0	0.22	0.25	-0.06	0.13		0.21	0.23	0.15	0.24	0.24	0.11	-0.91	0.27
Net Receivables	0.65	0.99	0.92	0.86	0.29	0.99	0.58	0.99	-0.67	0.91	-0.96	0.8	0.21	0.99	0.95	0.85	0.9	0.21		0.99	0.92	0.93	0.99	0.8	-0.55	0.99
Common Stock Total Equity	0.65	0.97	0.87	0.85	0.25	0.99	0.51	1.0	-0.7	0.87	-0.94	0.8	0.23	0.97	0.92	0.83	0.86	0.23	0.99		0.88	0.9	1.0	0.75	-0.56	0.99
Long Term Debt Total	0.52	0.95	0.99	0.7	0.39	0.89	0.79	0.89	-0.4	0.98	-0.88	0.78	0.15	0.95	0.96	0.67	0.99	0.15	0.92	0.88		0.99	0.89	0.93	-0.51	0.9
Non Current Liabilities Total	0.49	0.97	0.99	0.73	0.35	0.92	0.76	0.9	-0.47	0.98	-0.9	0.83	0.24	0.97	0.98	0.7	0.99	0.24	0.93	0.9	0.99		0.91	0.9	-0.58	0.92
Capital Surpluse	0.64	0.97	0.88	0.84	0.25	0.99	0.52	1.0	-0.69	0.87	-0.94	0.81	0.24	0.97	0.93	0.83	0.86	0.24	0.99	1.0	0.89	0.91		0.75	-0.57	0.99
Capital Lease Obligations	0.35	0.84	0.91	0.59	0.5	0.76	0.93	0.75	-0.14	0.91	-0.76	0.67	0.11	0.84	0.85	0.55	0.94	0.11	0.8	0.75	0.93	0.9	0.75		-0.44	0.77
Other Current Assets	0.19	-0.58	-0.48	-0.23	0.15	-0.58	-0.51	-0.51	0.35	-0.44	0.5	-0.93	-0.91	-0.57	-0.57	-0.22	-0.49	-0.91	-0.55	-0.56	-0.51	-0.58	-0.57	-0.44		-0.6
Other Stockholder Equity	0.61	0.99	0.9	0.86	0.3	1.0	0.56	0.98	-0.7	0.89	-0.96	0.83	0.27	0.99	0.95	0.84	0.88	0.27	0.99	0.99	0.9	0.92	0.99	0.77	-0.6

Click cells to compare fundamentals

Broadstone Net Account Relationship Matchups

Broadstone Net fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.3B	4.6B	5.5B	5.3B	4.3B
Short Long Term Debt Total	2.0B	1.5B	1.7B	2.0B	1.9B	1.7B
Other Current Liab	3.6M	4.0M	52.4M	61.5M	62.6M	65.7M
Total Current Liabilities	238.3M	79.0M	192.4M	306.4M	110.1M	151.8M
Total Stockholder Equity	1.7B	2.3B	2.6B	3.1B	3.0B	2.2B
Other Liab	92.2M	87.2M	70.6M	62.9M	72.3M	83.0M
Net Tangible Assets	1.3B	1.7B	1.9B	2.4B	2.8B	1.6B
Property Plant And Equipment Net	12.8M	10.7M	9.6M	8.5M	8.5M	8.9M
Net Debt	2.0B	1.4B	1.7B	2.0B	1.9B	1.7B
Retained Earnings	(208.3M)	(259.7M)	(318.5M)	(386.0M)	(440.7M)	(418.7M)
Accounts Payable	37.4M	74.9M	38.0M	47.5M	47.5M	42.0M
Cash	12.5M	100.5M	21.7M	21.8M	19.5M	31.0M
Non Current Assets Total	3.8B	4.0B	4.5B	5.3B	5.1B	4.1B
Non Currrent Assets Other	3.5B	3.4B	3.8B	4.6B	4.5B	3.1B
Other Assets	15.9M	17.2M	4.0B	4.4B	5.1B	5.4B
Long Term Debt	2.0B	1.5B	1.6B	1.8B	1.9B	1.7B
Cash And Short Term Investments	12.5M	100.5M	21.7M	21.8M	19.5M	31.0M
Net Receivables	85.5M	103.7M	118.2M	137.0M	154.2M	106.1M
Common Stock Total Equity	26K	36K	41K	47K	54.1K	32.4K
Long Term Debt Total	2.0B	1.6B	1.6B	1.8B	2.1B	1.7B
Liabilities And Stockholders Equity	3.9B	4.3B	4.6B	5.5B	5.3B	4.3B
Non Current Liabilities Total	1.9B	1.7B	1.7B	1.9B	2.0B	1.7B
Capital Surpluse	1.9B	2.6B	2.9B	3.4B	3.9B	2.3B
Capital Lease Obligations	81.7M	85.9M	92.2M	79.7M	91.6M	85.2M
Other Current Assets	(13.4M)	(102.1M)	(23.0M)	(23.1M)	(21.0M)	(22.0M)
Other Stockholder Equity	1.9B	2.6B	2.9B	3.4B	3.4B	2.5B
Total Liab	2.1B	1.8B	1.9B	2.2B	2.1B	1.9B
Deferred Long Term Liab	15.9M	17.2M	13.7M	14.5M	16.7M	16.6M
Property Plant And Equipment Gross	12.8M	10.7M	9.6M	8.5M	7.7M	9.2M
Short Long Term Debt	273M	141.1M	197.3M	197.3M	226.9M	185.7M
Total Current Assets	110.5M	226.5M	157.1M	158.8M	173.7M	145.1M
Accumulated Other Comprehensive Income	(20.1M)	(66.3M)	(28.4M)	59.5M	49.3M	51.8M
Cash And Equivalents	12.5M	100.5M	21.7M	21.8M	25.1M	32.4M
Short Term Debt	141.1M	197.3M	18.0M	197.3M	2.3M	2.1M
Intangible Assets	331.9M	290.9M	303.6M	329.6M	288.2M	308.2M
Common Stock	26K	36K	41K	47K	54.1K	34.8K
Property Plant Equipment	3.4B	3.4B	3.8B	4.5B	5.2B	3.4B
Short Term Investments	3.5B	3.4B	3.8B	63.4M	4.4B	3.1B

Pair Trading with Broadstone Net

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 Broadstone Net 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 Broadstone Net will appreciate offsetting losses from the drop in the long position's value.

Moving against Broadstone Stock

0.51	AHT-PI	Ashford Hospitality Trust Earnings Call This Week	Pair Corr
0.46	PK	Park Hotels Resorts Sell-off Trend	Pair Corr
0.46	AHT-PF	Ashford Hospitality Trust Earnings Call This Week	Pair Corr
0.44	AHT-PD	Ashford Hospitality Trust Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Broadstone Net could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadstone Net 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 Broadstone Net - 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 Broadstone Net LeaseInc to buy it.

The correlation of Broadstone Net 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 Broadstone Net moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadstone Net LeaseInc 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 Broadstone Net 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 Correlation Correlation Matching

When determining whether Broadstone Net LeaseInc is a strong investment it is important to analyze Broadstone Net's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadstone Net's future performance. For an informed investment choice regarding Broadstone Stock, refer to the following important reports:

How To Invest In Broadstone

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Is Broadstone Stock a good investment?

Details

What is Broadstone Net's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net LeaseInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Broadstone Net's price analysis, check to measure Broadstone Net'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 Broadstone Net is operating at the current time. Most of Broadstone Net's value examination focuses on studying past and present price action to predict the probability of Broadstone Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadstone Net's price. Additionally, you may evaluate how the addition of Broadstone Net to your portfolios can decrease your overall portfolio volatility.

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Is Broadstone Net'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 Broadstone Net. If investors know Broadstone 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 Broadstone Net 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

0.654

Dividend Share

0.845

Earnings Share

0.83

Revenue Per Share

2.297

Quarterly Revenue Growth

(0.12)

The market value of Broadstone Net LeaseInc is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net'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 Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net'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 Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net'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.

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Broadstone Net Debt vs Non Current Assets Total Analysis

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Assets Total

Broadstone Net fundamental ratios Correlations

Broadstone Net Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Broadstone Net fundamental ratios Accounts

Pair Trading with Broadstone Net

Moving against Broadstone Stock

Complementary Tools for Broadstone Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Other Assets	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Net Tangible Assets
Capital Surpluse	+ 1.0	Net Tangible Assets

Other Stockholder Equity	- 0.96	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Total Stockholder Equity
Non Current Assets Total	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Assets
Capital Surpluse	- 0.94	Retained Earnings