Ballys Total Assets vs Total Cash From Operating Activities Analysis

BALY Stock  USD 17.73  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 Total Assets and its Total Cash From Operating Activities 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.

Total Assets vs Total Cash From Operating Activities

Total Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Total Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ballys Corp's Total Assets and Total Cash From Operating Activities is 0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ballys Corp are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Assets i.e., Ballys Corp's Total Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Ballys Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ballys Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Cash From Operating Activities

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

0.980.980.820.82-0.830.970.99-0.910.910.811.00.690.430.810.890.990.851.00.920.790.921.00.910.930.92
0.981.00.710.73-0.90.990.99-0.960.850.750.990.660.280.750.820.970.870.990.920.880.861.00.840.880.85
0.981.00.70.72-0.90.990.99-0.960.850.750.980.670.270.750.810.960.860.990.920.880.850.990.830.870.84
0.820.710.70.87-0.40.650.76-0.560.920.790.810.60.850.790.940.850.690.770.730.30.910.760.950.860.93
0.820.730.720.87-0.520.710.78-0.660.850.740.810.60.640.740.850.80.580.790.830.410.890.780.880.90.92
-0.83-0.9-0.9-0.4-0.52-0.92-0.870.96-0.64-0.61-0.83-0.540.12-0.61-0.56-0.78-0.8-0.87-0.86-0.92-0.68-0.87-0.6-0.72-0.66
0.970.990.990.650.71-0.920.99-0.950.80.770.970.710.20.770.760.930.810.980.920.910.820.980.80.870.82
0.990.990.990.760.78-0.870.99-0.930.880.810.990.720.340.810.850.980.841.00.930.840.881.00.880.920.88
-0.91-0.96-0.96-0.56-0.660.96-0.95-0.93-0.77-0.61-0.92-0.49-0.11-0.61-0.72-0.89-0.86-0.94-0.89-0.9-0.8-0.94-0.72-0.79-0.78
0.910.850.850.920.85-0.640.80.88-0.770.810.910.610.640.810.980.930.880.880.890.530.990.880.970.940.98
0.810.750.750.790.74-0.610.770.81-0.610.810.810.820.461.00.780.790.670.80.840.490.810.790.860.910.83
1.00.990.980.810.81-0.830.970.99-0.920.910.810.680.430.810.890.990.861.00.920.790.921.00.910.930.92
0.690.660.670.60.6-0.540.710.72-0.490.610.820.680.250.820.580.640.440.690.680.510.60.680.690.740.62
0.430.280.270.850.640.120.20.34-0.110.640.460.430.250.460.720.510.310.360.29-0.150.60.350.670.510.64
0.810.750.750.790.74-0.610.770.81-0.610.811.00.810.820.460.780.790.670.80.840.490.810.790.860.910.83
0.890.820.810.940.85-0.560.760.85-0.720.980.780.890.580.720.780.920.830.860.850.50.960.850.980.930.97
0.990.970.960.850.8-0.780.930.98-0.890.930.790.990.640.510.790.920.880.980.890.750.930.980.920.910.93
0.850.870.860.690.58-0.80.810.84-0.860.880.670.860.440.310.670.830.880.850.850.680.880.850.80.80.83
1.00.990.990.770.79-0.870.981.0-0.940.880.81.00.690.360.80.860.980.850.930.830.891.00.880.920.89
0.920.920.920.730.83-0.860.920.93-0.890.890.840.920.680.290.840.850.890.850.930.740.920.930.880.960.92
0.790.880.880.30.41-0.920.910.84-0.90.530.490.790.51-0.150.490.50.750.680.830.740.540.840.520.620.53
0.920.860.850.910.89-0.680.820.88-0.80.990.810.920.60.60.810.960.930.880.890.920.540.890.970.950.99
1.01.00.990.760.78-0.870.981.0-0.940.880.791.00.680.350.790.850.980.851.00.930.840.890.870.910.89
0.910.840.830.950.88-0.60.80.88-0.720.970.860.910.690.670.860.980.920.80.880.880.520.970.870.970.98
0.930.880.870.860.9-0.720.870.92-0.790.940.910.930.740.510.910.930.910.80.920.960.620.950.910.970.97
0.920.850.840.930.92-0.660.820.88-0.780.980.830.920.620.640.830.970.930.830.890.920.530.990.890.980.97
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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 Other5.7M5.4M27.0M30.3M110.3M115.8M
Other Assets5.7M5.4M6.6B55.8M64.2M61.0M
Cash And Short Term Investments182.6M123.4M206.2M212.5M163.2M152.2M
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 Assets28.4M29.0M12.5M129.4M232.4M244.1M
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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