Broadway Total Liab vs Long Term Investments Analysis
BYFC Stock | USD 4.91 0.04 0.82% |
Broadway Financial financial indicator trend analysis is way more than just evaluating Broadway Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadway Financial is a good investment. Please check the relationship between Broadway Financial Total Liab and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadway Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.
Total Liab vs Long Term Investments
Total Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadway Financial Total Liab account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Broadway Financial's Total Liab and Long Term Investments is 0.16. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Broadway Financial, assuming nothing else is changed. The correlation between historical values of Broadway Financial's Total Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Broadway Financial are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Liab i.e., Broadway Financial's Total Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of Broadway Financial balance sheet that represents investments Broadway Financial intends to hold for over a year. Broadway Financial long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Broadway Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadway Financial 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 Broadway Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.At present, Broadway Financial's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 181.1 M, whereas Enterprise Value is forecasted to decline to about 146.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 3.4M | 3.1M | 4.6M | Depreciation And Amortization | 680K | 811K | 932.7K | 979.3K |
Broadway Financial fundamental ratios Correlations
Click cells to compare fundamentals
Broadway Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Broadway Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 440.4M | 483.4M | 1.1B | 1.2B | 1.4B | 1.4B | |
Total Stockholder Equity | 48.8M | 48.9M | 141M | 279.5M | 321.4M | 337.5M | |
Property Plant And Equipment Net | 2.8M | 2.5M | 10.3M | 10.3M | 9.3M | 9.7M | |
Net Debt | 72.8M | 17.7M | (131.6M) | 126.2M | 145.2M | 152.4M | |
Retained Earnings | 8.4M | 7.8M | 3.7M | 9.3M | 8.4M | 4.5M | |
Cash | 15.6M | 96.1M | 231.5M | 16.1M | 18.5M | 22.8M | |
Non Current Assets Total | 14.0M | 13.3M | 195.7M | 367.4M | 422.5M | 443.6M | |
Non Currrent Assets Other | (14.0M) | (13.3M) | (6.1M) | (11.9M) | (13.7M) | (14.3M) | |
Other Assets | 398.6M | 362.1M | 506.5M | 468.2M | 538.5M | 321.6M | |
Cash And Short Term Investments | 26.6M | 106.8M | 387.9M | 16.1M | 18.5M | 34.1M | |
Net Receivables | 1.2M | 1.2M | 3.4M | 4.0M | 4.6M | 4.8M | |
Common Stock Shares Outstanding | 3.4M | 3.4M | 7.5M | 9.1M | 10.5M | 8.5M | |
Liabilities And Stockholders Equity | 440.4M | 483.4M | 1.1B | 1.2B | 1.4B | 1.4B | |
Other Stockholder Equity | 40.1M | 40.6M | 134.1M | 136.9M | 157.4M | 165.3M | |
Total Liab | 88.3M | 113.8M | 100.0M | 904.8M | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 2.8M | 6.3M | 14.4M | 14.7M | 16.9M | 17.7M | |
Total Current Assets | 27.8M | 108.0M | 391.3M | 348.8M | 401.2M | 421.2M | |
Short Long Term Debt Total | 88.3M | 113.8M | 100.0M | 142.3M | 163.7M | 171.9M | |
Other Current Liab | 228.9M | 236.0M | 515.4M | 608.1M | 699.3M | 734.2M | |
Total Current Liabilities | 262.9M | 263.7M | 585.8M | 767.3M | 882.4M | 926.5M | |
Short Term Debt | 34.1M | 27.7M | 70.3M | 159.2M | 183.1M | 192.2M | |
Accumulated Other Comprehensive Income | (23K) | 164K | (551K) | (17.5M) | (15.7M) | (14.9M) | |
Other Liab | 1.0M | 787K | 12.9M | 12.1M | 13.9M | 14.6M | |
Accounts Payable | 4.4M | 315.6M | 788.1M | 11.9M | 10.7M | 10.2M | |
Long Term Debt | 4.3M | 113.8M | 14M | 142.3M | 163.7M | 171.9M | |
Common Stock Total Equity | 305K | 219K | 744K | 761K | 875.2K | 918.9K | |
Short Term Investments | 11.0M | 10.7M | 156.4M | 328.7M | 295.9M | 578.2M | |
Inventory | (16.8M) | (97.3M) | (234.9M) | 308.7M | 277.8M | 291.7M | |
Common Stock | 305K | 306K | 744K | 761K | 875.2K | 918.9K | |
Property Plant Equipment | 2.8M | 2.5M | 10.3M | 10.3M | 9.3M | 9.7M | |
Other Current Assets | 16.8M | 97.3M | 234.9M | 20.1M | 18.1M | 17.2M | |
Non Current Liabilities Total | 88.3M | 113.8M | 100.0M | 904.8M | 1.0B | 1.1B | |
Retained Earnings Total Equity | 8.4M | 7.8M | 3.7M | 9.3M | 10.7M | 11.2M | |
Net Tangible Assets | 48.8M | 48.9M | 141M | 101.1M | 116.3M | 60.5M |
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 Broadway Financial 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, Broadway Financial's short interest history, or implied volatility extrapolated from Broadway Financial options trading.
Pair Trading with Broadway Financial
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 Broadway Financial 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 Broadway Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Broadway Stock
0.78 | TECTP | Tectonic Financial | PairCorr |
0.76 | DB | Deutsche Bank AG | PairCorr |
0.68 | CFG-PD | Citizens Financial | PairCorr |
0.44 | RF | Regions Financial Financial Report 19th of July 2024 | PairCorr |
The ability to find closely correlated positions to Broadway Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadway Financial 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 Broadway Financial - 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 Broadway Financial to buy it.
The correlation of Broadway Financial 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 Broadway Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadway Financial 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 Broadway Financial 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 Broadway Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.Note that the Broadway Financial information on this page should be used as a complementary analysis to other Broadway Financial'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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Broadway Stock analysis
When running Broadway Financial's price analysis, check to measure Broadway Financial'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 Broadway Financial is operating at the current time. Most of Broadway Financial's value examination focuses on studying past and present price action to predict the probability of Broadway Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadway Financial's price. Additionally, you may evaluate how the addition of Broadway Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadway Financial'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 Broadway Financial. If investors know Broadway 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 Broadway Financial 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 (0.87) | Earnings Share 0.56 | Revenue Per Share 3.606 | Quarterly Revenue Growth (0.24) | Return On Assets 0.0038 |
The market value of Broadway Financial is measured differently than its book value, which is the value of Broadway that is recorded on the company's balance sheet. Investors also form their own opinion of Broadway Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadway Financial'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 Broadway Financial's market value can be influenced by many factors that don't directly affect Broadway Financial'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 Broadway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadway Financial'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.