Bandwidth Ev To Sales vs Average Inventory Analysis
BAND Stock | USD 21.61 0.35 1.65% |
Bandwidth financial indicator trend analysis is way more than just evaluating Bandwidth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bandwidth is a good investment. Please check the relationship between Bandwidth Ev To Sales and its Average Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandwidth. 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. For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.
Ev To Sales vs Average Inventory
Ev To Sales vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bandwidth Ev To Sales account and Average Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bandwidth's Ev To Sales and Average Inventory is 0.23. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Bandwidth, assuming nothing else is changed. The correlation between historical values of Bandwidth's Ev To Sales and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Bandwidth are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Ev To Sales i.e., Bandwidth's Ev To Sales and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from Bandwidth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bandwidth 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 Bandwidth. 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. For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.At present, Bandwidth's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 218.5M | 238.4M | 236.2M | 153.2M | Total Revenue | 490.9M | 573.2M | 601.1M | 354.2M |
Bandwidth fundamental ratios Correlations
Click cells to compare fundamentals
Bandwidth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bandwidth fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 341.4M | 890.6M | 1.1B | 929.3M | 1.1B | 576.4M | |
Other Current Liab | 27.3M | 53.7M | 54.7M | 52.5M | 60.5M | 40.2M | |
Total Current Liabilities | 45.7M | 92.2M | 93.5M | 114.0M | 122.8M | 75.2M | |
Total Stockholder Equity | 270.1M | 429.9M | 412.6M | 272.2M | 297.4M | 228.5M | |
Other Liab | 5.7M | 68.8M | 62.0M | 57.8M | 66.4M | 69.8M | |
Net Tangible Assets | 256.7M | (190.4M) | (143.0M) | (231.6M) | (208.4M) | (198.0M) | |
Property Plant And Equipment Net | 62.7M | 71.1M | 83.7M | 109.7M | 335.4M | 352.1M | |
Current Deferred Revenue | 9.3M | 11.9M | 12.6M | 17.2M | 14.1M | 10.7M | |
Net Debt | (160.3M) | 232.8M | 171.8M | 379.0M | 512.6M | 538.2M | |
Retained Earnings | (5.5M) | (49.5M) | (76.9M) | (48.5M) | (64.9M) | (68.1M) | |
Accounts Payable | 4.2M | 11.7M | 9.1M | 26.8M | 34.2M | 35.9M | |
Cash | 185.0M | 72.2M | 331.5M | 113.6M | 132.0M | 113.7M | |
Non Current Assets Total | 114.5M | 697.0M | 652.7M | 649.7M | 848.3M | 890.7M | |
Non Currrent Assets Other | 1.5M | 5.6M | 13.3M | 36.2M | 10.1M | 9.0M | |
Other Assets | 38.3M | 25.1M | 13.3M | 36.2M | 41.6M | 22.2M | |
Cash And Short Term Investments | 185.0M | 112.2M | 331.5M | 184.9M | 153.5M | 132.0M | |
Net Receivables | 30.2M | 55.2M | 61.6M | 74.5M | 78.2M | 45.8M | |
Common Stock Total Equity | 17K | 19K | 24K | 25K | 28.8K | 21.7K | |
Common Stock Shares Outstanding | 23.9M | 24.1M | 25.1M | 30.9M | 25.6M | 23.8M | |
Liabilities And Stockholders Equity | 341.4M | 890.6M | 1.1B | 929.3M | 1.1B | 576.4M | |
Non Current Liabilities Total | 25.6M | 368.5M | 559.4M | 543.1M | 680.9M | 714.9M | |
Capital Surpluse | 275.6M | 451.5M | 502.5M | 364.9M | 419.6M | 255.5M | |
Other Current Assets | 11.8M | 26.2M | 19.9M | 20.3M | 21.1M | 15.7M | |
Other Stockholder Equity | 275.6M | 451.5M | 502.5M | 364.9M | 391.0M | 284.6M | |
Total Liab | 71.3M | 460.7M | 652.9M | 657.1M | 803.7M | 843.8M | |
Deferred Long Term Liab | 2.0M | 61.0M | 4.7M | 38.5M | 44.2M | 46.4M | |
Property Plant And Equipment Gross | 62.7M | 71.1M | 83.7M | 109.7M | 433.6M | 455.3M | |
Total Current Assets | 226.9M | 193.6M | 412.9M | 279.6M | 252.8M | 193.4M | |
Accumulated Other Comprehensive Income | 41K | 27.9M | (13.0M) | (44.2M) | (28.8M) | (27.4M) | |
Short Term Debt | 4.9M | 5.7M | 6.0M | 7.5M | 5.5M | 5.2M | |
Intangible Assets | 6.6M | 248.1M | 211.2M | 177.4M | 166.9M | 103.1M | |
Common Stock | 17K | 19K | 24K | 25K | 26K | 22.5K | |
Property Plant Equipment | 62.7M | 71.1M | 83.7M | 109.7M | 126.2M | 132.5M | |
Non Current Liabilities Other | 25.6M | 25.3M | 6.0M | 11.2M | 386K | 366.7K | |
Retained Earnings Total Equity | (5.5M) | (49.5M) | (76.9M) | (48.5M) | (43.7M) | (45.9M) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Bandwidth is a strong investment it is important to analyze Bandwidth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bandwidth's future performance. For an informed investment choice regarding Bandwidth Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandwidth. 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. For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bandwidth. If investors know Bandwidth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bandwidth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 26.367 | Quarterly Revenue Growth 0.275 | Return On Assets (0.02) | Return On Equity (0.05) |
The market value of Bandwidth is measured differently than its book value, which is the value of Bandwidth that is recorded on the company's balance sheet. Investors also form their own opinion of Bandwidth's value that differs from its market value or its book value, called intrinsic value, which is Bandwidth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bandwidth's market value can be influenced by many factors that don't directly affect Bandwidth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bandwidth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bandwidth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bandwidth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.