Broadex Long Term Investments vs Long Term Debt Analysis

300548 Stock

22.33 1.26 5.34%

Broadex Technologies financial indicator trend analysis is way more than just evaluating Broadex Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadex Technologies is a good investment. Please check the relationship between Broadex Technologies Long Term Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadex Technologies Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadex Technologies Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Broadex Technologies' Long Term Investments and Long Term Debt is -0.46. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Broadex Technologies Co, assuming nothing else is changed. The correlation between historical values of Broadex Technologies' Long Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Broadex Technologies Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., Broadex Technologies' Long Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Broadex Technologies balance sheet that represents investments Broadex Technologies intends to hold for over a year. Broadex Technologies Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Long Term Debt

Long-term debt is a debt that Broadex Technologies has held for over one year. Long-term debt appears on Broadex Technologies Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Broadex Technologies Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Broadex Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadex Technologies 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 Broadex Technologies Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 125.5 M, whereas Tax Provision is forecasted to decline to about 2.4 M.

	2021	2022	2023	2024 (projected)
Operating Income	166.9M	164.1M	74.6M	75.6M
Total Revenue	1.2B	1.7B	1.7B	1.8B

Operating Income Total Revenue

Broadex Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.41	0.98	0.96	0.48	0.79	0.96	0.97	0.87	-0.2	0.95	0.76	0.07	0.98	0.89	0.96	0.74	0.57	0.98	0.44	0.91	0.56	0.99	0.95	-0.07	0.86
Other Current Liab	-0.41		-0.45	-0.31	0.1	-0.14	-0.39	-0.49	-0.03	0.01	-0.38	-0.15	0.56	-0.46	-0.47	-0.31	-0.07	-0.2	-0.36	0.54	-0.3	0.29	-0.41	-0.39	0.06	-0.45
Total Current Liabilities	0.98	-0.45		0.89	0.45	0.7	0.94	0.98	0.84	-0.13	0.9	0.7	0.05	1.0	0.94	0.92	0.67	0.43	0.93	0.4	0.89	0.47	0.96	0.98	-0.07	0.92
Total Stockholder Equity	0.96	-0.31	0.89		0.49	0.9	0.96	0.89	0.89	-0.29	0.99	0.86	0.09	0.88	0.72	0.96	0.82	0.73	0.99	0.49	0.9	0.66	0.98	0.83	-0.04	0.68
Other Liab	0.48	0.1	0.45	0.49		0.53	0.47	0.46	0.57	-0.01	0.49	0.45	0.52	0.45	0.36	0.48	0.52	0.28	0.47	0.46	0.49	0.42	0.48	0.44	-0.23	0.38
Retained Earnings	0.79	-0.14	0.7	0.9	0.53		0.84	0.67	0.82	-0.47	0.88	0.94	0.13	0.67	0.47	0.86	0.96	0.78	0.86	0.56	0.8	0.83	0.83	0.62	0.12	0.43
Accounts Payable	0.96	-0.39	0.94	0.96	0.47	0.84		0.91	0.89	-0.21	0.98	0.86	0.03	0.93	0.77	0.96	0.79	0.57	0.95	0.47	0.93	0.58	0.97	0.87	-0.06	0.73
Cash	0.97	-0.49	0.98	0.89	0.46	0.67	0.91		0.77	-0.12	0.89	0.64	0.09	0.98	0.93	0.87	0.6	0.47	0.93	0.32	0.82	0.42	0.96	0.96	-0.19	0.92
Other Assets	0.87	-0.03	0.84	0.89	0.57	0.82	0.89	0.77		-0.24	0.88	0.83	0.22	0.83	0.68	0.93	0.84	0.51	0.86	0.75	0.92	0.7	0.87	0.8	0.0	0.65
Long Term Debt	-0.2	0.01	-0.13	-0.29	-0.01	-0.47	-0.21	-0.12	-0.24		-0.23	-0.32	-0.17	-0.1	-0.04	-0.25	-0.46	-0.51	-0.24	-0.34	-0.19	-0.46	-0.21	-0.12	-0.19	-0.03
Net Receivables	0.95	-0.38	0.9	0.99	0.49	0.88	0.98	0.89	0.88	-0.23		0.88	-0.01	0.89	0.72	0.97	0.82	0.7	0.98	0.44	0.93	0.6	0.98	0.82	-0.06	0.68
Inventory	0.76	-0.15	0.7	0.86	0.45	0.94	0.86	0.64	0.83	-0.32	0.88		0.03	0.67	0.42	0.85	0.93	0.64	0.81	0.54	0.85	0.75	0.8	0.58	0.09	0.38
Other Current Assets	0.07	0.56	0.05	0.09	0.52	0.13	0.03	0.09	0.22	-0.17	-0.01	0.03		0.05	0.04	0.04	0.05	0.02	0.05	0.5	-0.04	0.35	0.05	0.09	-0.14	0.09
Total Liab	0.98	-0.46	1.0	0.88	0.45	0.67	0.93	0.98	0.83	-0.1	0.89	0.67	0.05		0.95	0.91	0.65	0.41	0.92	0.39	0.88	0.45	0.95	0.98	-0.08	0.93
Intangible Assets	0.89	-0.47	0.94	0.72	0.36	0.47	0.77	0.93	0.68	-0.04	0.72	0.42	0.04	0.95		0.77	0.45	0.25	0.79	0.28	0.73	0.3	0.83	0.98	-0.11	1.0
Common Stock	0.96	-0.31	0.92	0.96	0.48	0.86	0.96	0.87	0.93	-0.25	0.97	0.85	0.04	0.91	0.77		0.83	0.63	0.96	0.5	0.98	0.63	0.96	0.87	0.09	0.73
Property Plant Equipment	0.74	-0.07	0.67	0.82	0.52	0.96	0.79	0.6	0.84	-0.46	0.82	0.93	0.05	0.65	0.45	0.83		0.65	0.78	0.63	0.82	0.85	0.76	0.6	0.19	0.41
Short Term Investments	0.57	-0.2	0.43	0.73	0.28	0.78	0.57	0.47	0.51	-0.51	0.7	0.64	0.02	0.41	0.25	0.63	0.65		0.69	0.23	0.55	0.52	0.63	0.35	0.01	0.2
Net Tangible Assets	0.98	-0.36	0.93	0.99	0.47	0.86	0.95	0.93	0.86	-0.24	0.98	0.81	0.05	0.92	0.79	0.96	0.78	0.69		0.42	0.9	0.6	0.99	0.87	-0.06	0.75
Other Stockholder Equity	0.44	0.54	0.4	0.49	0.46	0.56	0.47	0.32	0.75	-0.34	0.44	0.54	0.5	0.39	0.28	0.5	0.63	0.23	0.42		0.48	0.77	0.42	0.42	0.05	0.27
Deferred Long Term Liab	0.91	-0.3	0.89	0.9	0.49	0.8	0.93	0.82	0.92	-0.19	0.93	0.85	-0.04	0.88	0.73	0.98	0.82	0.55	0.9	0.48		0.57	0.91	0.83	0.08	0.69
Long Term Investments	0.56	0.29	0.47	0.66	0.42	0.83	0.58	0.42	0.7	-0.46	0.6	0.75	0.35	0.45	0.3	0.63	0.85	0.52	0.6	0.77	0.57		0.56	0.46	0.38	0.28
Total Current Assets	0.99	-0.41	0.96	0.98	0.48	0.83	0.97	0.96	0.87	-0.21	0.98	0.8	0.05	0.95	0.83	0.96	0.76	0.63	0.99	0.42	0.91	0.56		0.91	-0.09	0.8
Non Current Assets Total	0.95	-0.39	0.98	0.83	0.44	0.62	0.87	0.96	0.8	-0.12	0.82	0.58	0.09	0.98	0.98	0.87	0.6	0.35	0.87	0.42	0.83	0.46	0.91		-0.05	0.97
Non Currrent Assets Other	-0.07	0.06	-0.07	-0.04	-0.23	0.12	-0.06	-0.19	0.0	-0.19	-0.06	0.09	-0.14	-0.08	-0.11	0.09	0.19	0.01	-0.06	0.05	0.08	0.38	-0.09	-0.05		-0.12
Non Current Liabilities Total	0.86	-0.45	0.92	0.68	0.38	0.43	0.73	0.92	0.65	-0.03	0.68	0.38	0.09	0.93	1.0	0.73	0.41	0.2	0.75	0.27	0.69	0.28	0.8	0.97	-0.12

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Broadex Technologies Account Relationship Matchups

Broadex Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	766.5M	1.0B	1.9B	2.3B	3.2B	3.4B
Other Current Liab	21.0M	14.4M	15.1M	3.0M	1.5M	1.5M
Total Current Liabilities	138.7M	280.8M	345.7M	574.2M	990.2M	1.0B
Total Stockholder Equity	620.5M	722.8M	1.5B	1.7B	1.6B	1.7B
Other Liab	11.8M	7.3M	8.6M	10.0M	11.5M	9.1M
Retained Earnings	295.8M	380.1M	542.4M	592.0M	578.3M	338.0M
Accounts Payable	104.9M	169.8M	221.1M	407.5M	378.6M	397.5M
Cash	145.4M	84.3M	443.5M	692.2M	1.1B	1.2B
Other Assets	18.7M	20.2M	27.1M	26.9M	31.0M	32.5M
Net Receivables	142.0M	207.6M	390.1M	459.4M	427.6M	449.0M
Inventory	136.9M	242.0M	286.9M	397.7M	319.7M	160.2M
Other Current Assets	4.6M	4.0M	4.8M	9.9M	16.4M	13.4M
Total Liab	146.0M	289.4M	355.7M	585.5M	1.1B	1.1B
Intangible Assets	10.5M	9.9M	15.4M	14.3M	88.2M	92.6M
Common Stock	83.4M	83.4M	150.4M	173.7M	199.8M	209.7M
Property Plant Equipment	93.4M	130.0M	166.8M	181.3M	208.4M	107.4M
Short Term Investments	76.4M	85M	324.8M	235.7M	155.8M	158.4M
Net Tangible Assets	508.6M	523.6M	626.6M	1.4B	1.6B	1.7B
Other Stockholder Equity	3.4M	4.1M	2.8M	1.8M	2.1M	1.9M
Deferred Long Term Liab	2.1M	2.8M	8.2M	8.3M	9.5M	10.0M
Total Current Assets	515.4M	708.3M	1.6B	1.9B	2.2B	2.3B
Non Current Assets Total	251.0M	303.9M	323.7M	387.9M	991.3M	1.0B
Non Currrent Assets Other	1.2M	167.3M	707.2K	802.2K	10.4M	9.9M
Non Current Liabilities Total	7.3M	8.6M	10.0M	11.2M	92.3M	96.9M
Common Stock Shares Outstanding	150.1M	150.4M	173.9M	262.1M	286.6M	207.7M
Net Invested Capital	620.5M	796.5M	1.6B	1.8B	1.6B	1.2B
Net Working Capital	376.7M	427.5M	1.2B	1.3B	1.2B	853.8M
Capital Stock	83.4M	150.4M	173.7M	262.1M	286.3M	190.5M

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Balance Sheet is a snapshot of the financial position of Broadex Technologies at a specified time, usually calculated after every quarter, six months, or one year. Broadex Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Broadex Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Broadex currently owns. An asset can also be divided into two categories, current and non-current.

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Broadex Long Term Investments vs Long Term Debt Analysis

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Long Term Investments

Long Term Debt

Broadex Technologies fundamental ratios Correlations

Broadex Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Broadex Technologies fundamental ratios Accounts

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Other Information on Investing in Broadex Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Intangible Assets
Total Current Assets	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Net Tangible Assets

Short Term Investments	- 0.51	Long Term Debt
Cash	- 0.49	Other Current Liab
Long Term Debt	- 0.47	Retained Earnings
Intangible Assets	- 0.47	Other Current Liab
Long Term Investments	- 0.46	Long Term Debt
Property Plant Equipment	- 0.46	Long Term Debt