Boyd Total Assets from 2010 to 2026
| BYD Stock | CAD 230.32 6.93 3.10% |
Total Assets | First Reported 1998-06-30 | Previous Quarter 2.5 B | Current Value 2.6 B | Quarterly Volatility 833.9 M |
Check Boyd Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boyd Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 120.2 M, Interest Expense of 83.2 M or Total Revenue of 3.7 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0021 or PTB Ratio of 3.42. Boyd financial statements analysis is a perfect complement when working with Boyd Group Valuation or Volatility modules.
Boyd | Total Assets |
Evaluating Boyd Group's Total Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Boyd Group Services's fundamental strength.
Latest Boyd Group's Total Assets Growth Pattern
Below is the plot of the Total Assets of Boyd Group Services over the last few years. Total assets refers to the total amount of Boyd Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Boyd Group Services books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Boyd Group's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Boyd Group's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.46 B | 10 Years Trend |
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Total Assets |
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Boyd Total Assets Regression Statistics
| Arithmetic Mean | 1,271,819,509 | |
| Geometric Mean | 705,755,341 | |
| Coefficient Of Variation | 79.88 | |
| Mean Deviation | 897,008,926 | |
| Median | 905,621,022 | |
| Standard Deviation | 1,015,932,674 | |
| Sample Variance | 1032119.2T | |
| Range | 3B | |
| R-Value | 0.98 | |
| Mean Square Error | 42985.5T | |
| R-Squared | 0.96 | |
| Slope | 197,217,930 | |
| Total Sum of Squares | 16513907.2T |
Boyd Total Assets History
About Boyd Group Financial Statements
Boyd Group investors utilize fundamental indicators, such as Total Assets, to predict how Boyd Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 2.8 B | 3 B | |
| Intangibles To Total Assets | 0.36 | 0.35 |
Pair Trading with Boyd Group
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 Boyd Group 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 Boyd Group will appreciate offsetting losses from the drop in the long position's value.Moving against Boyd Stock
The ability to find closely correlated positions to Boyd Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boyd Group 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 Boyd Group - 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 Boyd Group Services to buy it.
The correlation of Boyd Group 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 Boyd Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Group Services 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 Boyd Group 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 the analysis of Boyd Group Correlation against competitors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.