Byrna Net Debt from 2010 to 2026
| BYRN Stock | USD 12.87 0.61 4.53% |
Net Debt | First Reported 2005-11-30 | Previous Quarter -4.1 M | Current Value -9.8 M | Quarterly Volatility 11.3 M |
Check Byrna Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Byrna Technologies' main balance sheet or income statement drivers, such as Interest Expense of 312.8 K, Other Operating Expenses of 128.3 M or Operating Income of 14.3 M, as well as many indicators such as Price To Sales Ratio of 3.79, Dividend Yield of 0.0 or PTB Ratio of 5.9. Byrna financial statements analysis is a perfect complement when working with Byrna Technologies Valuation or Volatility modules.
Byrna | Net Debt | Build AI portfolio with Byrna Stock |
Evaluating Byrna Technologies's Net Debt 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 Byrna Technologies's fundamental strength.
Latest Byrna Technologies' Net Debt Growth Pattern
Below is the plot of the Net Debt of Byrna Technologies over the last few years. It is 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. Byrna Technologies' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Byrna Technologies' overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Byrna Net Debt Regression Statistics
| Arithmetic Mean | (7,810,705) | |
| Geometric Mean | 1,967,538 | |
| Coefficient Of Variation | (179.53) | |
| Mean Deviation | 9,251,514 | |
| Median | (1,842,149) | |
| Standard Deviation | 14,022,934 | |
| Sample Variance | 196.6T | |
| Range | 58.8M | |
| R-Value | (0.44) | |
| Mean Square Error | 168.8T | |
| R-Squared | 0.20 | |
| Significance | 0.08 | |
| Slope | (1,226,736) | |
| Total Sum of Squares | 3146.3T |
Byrna Net Debt History
Other Fundumenentals of Byrna Technologies
Byrna Technologies Net Debt component correlations
Click cells to compare fundamentals
About Byrna Technologies Financial Statements
Byrna Technologies investors utilize fundamental indicators, such as Net Debt, to predict how Byrna 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 | ||
| Net Debt | -8.8 M | -9.2 M | |
| Net Debt To EBITDA | (0.63) | (0.60) |
Pair Trading with Byrna Technologies
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 Byrna Technologies 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 Byrna Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Byrna Stock
| 0.83 | RFG | Roebuck Food Group | PairCorr |
| 0.81 | FSTR | LB Foster | PairCorr |
| 0.78 | MWA | Mueller Water Products | PairCorr |
| 0.76 | GRC | Gorman Rupp | PairCorr |
| 0.76 | ITW | Illinois Tool Works | PairCorr |
The ability to find closely correlated positions to Byrna Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byrna Technologies 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 Byrna Technologies - 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 Byrna Technologies to buy it.
The correlation of Byrna Technologies 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 Byrna Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byrna Technologies 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 Byrna Technologies 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 Byrna Technologies Correlation against competitors. To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Byrna diversify its offerings? Factors like these will boost the valuation of Byrna Technologies. Projected growth potential of Byrna fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Byrna Technologies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.65) | Earnings Share 0.4 | Revenue Per Share | Quarterly Revenue Growth 0.26 | Return On Assets |
Understanding Byrna Technologies requires distinguishing between market price and book value, where the latter reflects Byrna's accounting equity. The concept of intrinsic value - what Byrna Technologies' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Byrna Technologies' price substantially above or below its fundamental value.
It's important to distinguish between Byrna Technologies' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Byrna Technologies should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Byrna Technologies' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.