Ballys Free Cash Flow Yield vs Price To Sales Ratio Analysis

BALY Stock  USD 17.74  0.03  0.17%   
Ballys Corp financial indicator trend analysis is way more than just evaluating Ballys Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ballys Corp is a good investment. Please check the relationship between Ballys Corp Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ballys Corp's Free Cash Flow Yield and Price To Sales Ratio is 0.74. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Ballys Corp, assuming nothing else is changed. The correlation between historical values of Ballys Corp's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Ballys Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Ballys Corp's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Ballys Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ballys Corp sales, a figure that is much harder to manipulate than other Ballys Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Ballys Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ballys Corp 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 Ballys Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.At this time, Ballys Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 1.2 B in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization144.8M300.6M350.4M367.9M
Interest Income2.3M1.1M1.3M1.0M

Ballys Corp fundamental ratios Correlations

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0.680.650.660.60.59-0.530.70.72-0.480.610.820.670.250.780.570.630.430.680.680.460.590.670.680.730.61
0.430.280.270.850.640.120.20.34-0.110.640.460.430.250.310.720.510.310.360.29-0.190.60.350.670.510.64
0.860.840.850.690.74-0.740.860.87-0.740.820.890.850.780.310.820.830.730.860.930.690.820.860.870.940.83
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0.850.870.860.690.58-0.80.810.84-0.860.880.670.860.430.310.730.830.880.850.850.780.880.850.80.80.83
1.00.990.990.770.79-0.870.981.0-0.940.880.81.00.680.360.860.860.980.850.930.820.891.00.880.920.89
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0.780.870.870.320.42-0.990.890.82-0.930.570.570.780.46-0.190.690.490.730.780.820.810.620.830.530.650.58
0.920.860.850.910.89-0.680.820.88-0.80.990.810.920.590.60.820.960.930.880.890.920.620.890.970.950.99
1.01.00.990.760.78-0.870.981.0-0.940.880.791.00.670.350.860.850.980.851.00.930.830.890.870.910.89
0.910.840.830.950.88-0.60.80.88-0.720.970.860.910.680.670.870.980.920.80.880.880.530.970.870.970.98
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0.920.850.840.930.92-0.660.820.88-0.780.980.830.920.610.640.830.970.930.830.890.920.580.990.890.980.97
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Ballys Corp Account Relationship Matchups

Ballys Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.9B6.6B6.3B6.9B7.2B
Other Current Liab55.9M116.6M438.6M577.3M653.0M685.7M
Total Current Liabilities89.8M143.2M570.1M755.8M874.8M918.5M
Total Stockholder Equity211.4M326.6M1.6B805.8M635.4M575.1M
Other Liab23.9M303.9M434.0M265.7M305.6M183.5M
Net Tangible Assets(32.0M)(523.8M)(127.9M)(2.9B)(2.6B)(2.5B)
Property Plant And Equipment Net527.7M785.1M1.3B2.0B2.3B2.5B
Net Debt518.2M1.0B3.8B4.3B4.9B5.1B
Retained Earnings250.4M34.8M(138.7M)(535.4M)(555.9M)(528.1M)
Accounts Payable14.9M15.9M87.5M70.1M69.2M42.8M
Cash182.6M123.4M206.2M212.5M163.2M152.2M
Non Current Assets Total776.9M1.6B6.0B5.8B6.3B6.6B
Non Currrent Assets Other5.7M5.4M27.0M30.3M92.8M97.4M
Other Assets5.7M5.4M6.6B55.8M64.2M61.0M
Cash And Short Term Investments182.6M123.4M206.2M212.5M315.3M173.1M
Net Receivables23.2M14.8M218.4M125.4M162.1M83.6M
Good Will133.1M187.0M2.1B1.7B1.9B2.0B
Common Stock Shares Outstanding37.8M31.3M49.6M58.1M53.4M47.6M
Non Current Liabilities Total720.7M1.5B4.4B4.7B5.4B5.6B
Inventory7.9M9.3M11.5M14.2M14.6M10.7M
Other Current Assets28.4M29.0M12.5M129.4M109.9M115.4M
Other Stockholder Equity(37.5M)294.6M1.8B1.6B1.4B728.7M
Total Liab810.5M1.6B4.9B5.5B6.2B6.5B
Total Current Assets245.0M289.0M567.2M522.7M572.3M351.8M
Intangible Assets110.4M663.4M2.5B2.0B1.9B1.0B
Common Stock412K307K530K466K400K405.2K
Property Plant Equipment527.7M785.1M838.7M1.2B1.4B1.5B
Short Long Term Debt Total700.8M1.2B4.0B4.5B5.1B2.5B
Current Deferred Revenue2.6M14.9M17.4M200M78.3M57.9M
Long Term Debt680.6M1.1B3.4B3.5B3.6B2.1B
Common Stock Total Equity412K307K530K466K535.9K450.5K
Liabilities And Stockholders Equity1.0B1.9B6.6B6.3B6.9B3.8B
Net Invested Capital895.0M1.4B5.1B4.3B4.3B2.7B
Property Plant And Equipment Gross527.7M785.1M1.6B2.3B2.6B1.3B
Short Long Term Debt3.6M3M5.8M19.5M22.4M16.3M
Accumulated Other Comprehensive Income(1.9M)(3.1M)(69.7M)(295.6M)(209.6M)(199.1M)
Net Working Capital155.2M145.8M(2.9M)(233.1M)(302.4M)(287.3M)
Short Term Debt4.0M7.3M44.0M52.4M74.3M78.0M
Capital Stock412K307K530K466K400K457.4K

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