Ballys Interest Income vs Other Operating Expenses Analysis

BALY Stock  USD 17.77  0.04  0.23%   
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 Interest Income and its Other Operating Expenses 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.

Interest Income vs Other Operating Expenses

Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ballys Corp's Interest Income and Other Operating Expenses is 0.54. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses 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 Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Ballys Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Ballys Corp's Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ballys Corp. It is also known as Ballys Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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

0.980.980.820.82-0.830.970.99-0.910.910.811.00.680.430.860.890.990.851.00.920.780.921.00.910.930.92
0.981.00.710.73-0.90.990.99-0.960.850.750.990.650.280.840.820.970.870.990.920.870.861.00.840.880.85
0.981.00.70.72-0.90.990.99-0.960.850.750.980.660.270.850.810.960.860.990.920.870.850.990.830.870.84
0.820.710.70.87-0.40.650.76-0.560.920.790.810.60.850.690.940.850.690.770.730.320.910.760.950.860.93
0.820.730.720.87-0.520.710.78-0.660.850.740.810.590.640.740.850.80.580.790.830.420.890.780.880.90.92
-0.83-0.9-0.9-0.4-0.52-0.92-0.870.96-0.64-0.61-0.83-0.530.12-0.74-0.56-0.78-0.8-0.87-0.86-0.99-0.68-0.87-0.6-0.72-0.66
0.970.990.990.650.71-0.920.99-0.950.80.770.970.70.20.860.760.930.810.980.920.890.820.980.80.870.82
0.990.990.990.760.78-0.870.99-0.930.880.810.990.720.340.870.850.980.841.00.930.820.881.00.880.920.88
-0.91-0.96-0.96-0.56-0.660.96-0.95-0.93-0.77-0.61-0.92-0.48-0.11-0.74-0.72-0.89-0.86-0.94-0.89-0.93-0.8-0.94-0.72-0.79-0.78
0.910.850.850.920.85-0.640.80.88-0.770.810.910.610.640.820.980.930.880.880.890.570.990.880.970.940.98
0.810.750.750.790.74-0.610.770.81-0.610.810.810.820.460.890.780.790.670.80.840.570.810.790.860.910.83
1.00.990.980.810.81-0.830.970.99-0.920.910.810.670.430.850.890.990.861.00.920.780.921.00.910.930.92
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
0.890.820.810.940.85-0.560.760.85-0.720.980.780.890.570.720.820.920.830.860.850.490.960.850.980.930.97
0.990.970.960.850.8-0.780.930.98-0.890.930.790.990.630.510.830.920.880.980.890.730.930.980.920.910.93
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
0.920.920.920.730.83-0.860.920.93-0.890.890.840.920.680.290.930.850.890.850.930.810.920.930.880.960.92
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
0.930.880.870.860.9-0.720.870.92-0.790.940.910.930.730.510.940.930.910.80.920.960.650.950.910.970.97
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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