Beazer Non Current Assets Total vs Cash And Short Term Investments Analysis

0HMG Stock   35.16  0.08  0.23%   
Beazer Homes financial indicator trend analysis is way more than just evaluating Beazer Homes USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beazer Homes USA is a good investment. Please check the relationship between Beazer Homes Non Current Assets Total and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beazer Homes USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beazer Homes USA Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Beazer Homes' Non Current Assets Total and Cash And Short Term Investments is -0.72. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Beazer Homes USA, assuming nothing else is changed. The correlation between historical values of Beazer Homes' Non Current Assets Total and Cash And Short 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 Non Current Assets Total of Beazer Homes USA are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Beazer Homes' Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Beazer Homes USA balance sheet. This account contains Beazer Homes investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Beazer Homes USA 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.
Most indicators from Beazer Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beazer Homes USA 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 Beazer Homes USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 26 M in 2024, whereas Selling General Administrative is likely to drop slightly above 149.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit536.9M443.3M509.8M347.3M
Total Revenue2.3B2.2B2.5B2.1B

Beazer Homes fundamental ratios Correlations

-0.55-0.80.340.830.67-0.480.80.69-0.250.410.72-0.06-0.170.80.7-0.470.91-0.140.8-0.540.90.690.590.650.84
-0.550.4-0.87-0.86-0.860.86-0.89-0.910.48-0.42-0.150.020.43-0.32-0.60.99-0.650.41-0.630.99-0.4-0.64-0.74-0.89-0.61
-0.80.4-0.11-0.65-0.510.23-0.67-0.570.38-0.54-0.780.130.32-0.66-0.640.34-0.740.3-0.610.42-0.61-0.67-0.58-0.35-0.53
0.34-0.87-0.110.70.68-0.650.70.78-0.560.5-0.020.3-0.540.190.57-0.910.48-0.440.43-0.840.120.620.740.730.33
0.83-0.86-0.650.70.87-0.710.920.91-0.450.540.420.04-0.380.660.72-0.820.86-0.370.64-0.830.640.760.840.850.79
0.67-0.86-0.510.680.87-0.850.790.92-0.20.240.390.0-0.120.390.49-0.80.66-0.060.61-0.810.620.470.630.860.79
-0.480.860.23-0.65-0.71-0.85-0.72-0.72-0.04-0.06-0.120.17-0.1-0.13-0.230.82-0.410.06-0.560.84-0.49-0.28-0.42-0.85-0.74
0.8-0.89-0.670.70.920.79-0.720.86-0.490.540.49-0.02-0.430.620.74-0.860.83-0.40.71-0.890.610.780.760.830.72
0.69-0.91-0.570.780.910.92-0.720.86-0.540.420.350.1-0.460.470.73-0.880.81-0.290.65-0.880.550.690.780.870.68
-0.250.480.38-0.56-0.45-0.2-0.04-0.49-0.54-0.71-0.09-0.250.99-0.4-0.770.53-0.550.68-0.260.490.07-0.77-0.72-0.280.07
0.41-0.42-0.540.50.540.24-0.060.540.42-0.710.290.32-0.720.50.65-0.470.42-0.830.27-0.44-0.040.850.860.14-0.01
0.72-0.15-0.78-0.020.420.39-0.120.490.35-0.090.290.17-0.030.60.35-0.070.560.140.42-0.130.640.350.260.260.48
-0.060.020.130.30.040.00.17-0.020.1-0.250.320.17-0.29-0.090.06-0.020.01-0.09-0.240.08-0.220.180.280.02-0.26
-0.170.430.32-0.54-0.38-0.12-0.1-0.43-0.460.99-0.72-0.03-0.29-0.34-0.710.49-0.470.71-0.20.440.16-0.74-0.69-0.220.16
0.8-0.32-0.660.190.660.39-0.130.620.47-0.40.50.6-0.09-0.340.65-0.260.78-0.180.44-0.30.630.60.540.390.58
0.7-0.6-0.640.570.720.49-0.230.740.73-0.770.650.350.06-0.710.65-0.60.83-0.520.66-0.610.450.910.760.480.39
-0.470.990.34-0.91-0.82-0.80.82-0.86-0.880.53-0.47-0.07-0.020.49-0.26-0.6-0.590.49-0.580.99-0.29-0.66-0.76-0.84-0.52
0.91-0.65-0.740.480.860.66-0.410.830.81-0.550.420.560.01-0.470.780.83-0.59-0.240.74-0.630.790.760.670.740.75
-0.140.410.3-0.44-0.37-0.060.06-0.4-0.290.68-0.830.14-0.090.71-0.18-0.520.49-0.24-0.230.470.25-0.76-0.72-0.070.17
0.8-0.63-0.610.430.640.61-0.560.710.65-0.260.270.42-0.24-0.20.440.66-0.580.74-0.23-0.670.740.640.470.620.67
-0.540.990.42-0.84-0.83-0.810.84-0.89-0.880.49-0.44-0.130.080.44-0.3-0.610.99-0.630.47-0.67-0.37-0.67-0.72-0.85-0.57
0.9-0.4-0.610.120.640.62-0.490.610.550.07-0.040.64-0.220.160.630.45-0.290.790.250.74-0.370.340.230.640.92
0.69-0.64-0.670.620.760.47-0.280.780.69-0.770.850.350.18-0.740.60.91-0.660.76-0.760.64-0.670.340.90.470.33
0.59-0.74-0.580.740.840.63-0.420.760.78-0.720.860.260.28-0.690.540.76-0.760.67-0.720.47-0.720.230.90.560.36
0.65-0.89-0.350.730.850.86-0.850.830.87-0.280.140.260.02-0.220.390.48-0.840.74-0.070.62-0.850.640.470.560.82
0.84-0.61-0.530.330.790.79-0.740.720.680.07-0.010.48-0.260.160.580.39-0.520.750.170.67-0.570.920.330.360.82
Click cells to compare fundamentals

Beazer Homes Account Relationship Matchups

Beazer Homes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B2.3B2.4B2.8B2.4B
Short Long Term Debt Total1.1B1.1B994.6M997.0M897.3M1.0B
Other Current Liab139.4M152.4M142.0M86.4M77.8M99.5M
Total Current Liabilities272.8M337.2M286.3M245.1M281.8M264.6M
Total Stockholder Equity593.2M724.9M939.3M1.1B1.3B701.8M
Property Plant And Equipment Net35.4M35.2M34.4M48.5M55.8M29.6M
Net Debt803.6M794.0M742.8M651.4M586.3M779.7M
Retained Earnings(263.3M)(141.3M)79.4M238.0M273.7M287.4M
Accounts Payable132.2M133.4M143.6M154.3M177.4M133.2M
Cash342.5M274.1M251.8M345.6M311.0M226.8M
Non Current Assets Total285.1M267.5M216.8M222.9M256.4M275.5M
Non Currrent Assets Other9.2M11.6M13.7M203.7M183.4M192.5M
Cash And Short Term Investments342.5M274.1M251.8M386.3M347.7M231.5M
Net Receivables19.8M25.7M45.5M45.6M52.4M39.2M
Common Stock Shares Outstanding29.9M30.4M30.8M30.7M35.4M33.7M
Liabilities And Stockholders Equity2.0B2.1B2.3B2.4B2.8B2.4B
Non Current Liabilities Total1.1B1.0B1.0B1.1B956.8M1.0B
Inventory1.4B1.5B1.7B1.8B2.0B1.7B
Other Current Assets24.1M37.4M37.2M40.7M36.6M25.8M
Other Stockholder Equity856.5M866.2M859.9M864.8M994.5M947.5M
Total Liab1.4B1.4B1.3B1.3B1.2B1.2B
Total Current Assets1.7B1.8B2.0B2.2B2.5B2.1B
Other Liab48.2M62.0M79.6M70.3M80.8M63.2M
Net Tangible Assets581.8M713.5M927.9M1.1B1.3B810.7M
Long Term Debt1.2B1.2B1.1B1.1B948.6M947.5M
Capital Surpluse880.0M854.3M856.5M866.2M779.5M692.8M
Property Plant Equipment35.4M35.2M34.4M48.5M55.8M34.5M

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