Brightcove Good Will vs Other Stockholder Equity Analysis

BCOV Stock  USD 4.27  0.02  0.47%   
Brightcove financial indicator trend analysis is way more than just evaluating Brightcove prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brightcove is a good investment. Please check the relationship between Brightcove Good Will and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightcove. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brightcove Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brightcove's Good Will and Other Stockholder Equity is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Brightcove, assuming nothing else is changed. The correlation between historical values of Brightcove's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Brightcove are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Brightcove's Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

Most indicators from Brightcove's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brightcove 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 Brightcove. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.At this time, Brightcove's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (23.39) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit138.1M133.9M123.8M96.1M
Total Revenue211.1M211.0M201.2M152.3M

Brightcove fundamental ratios Correlations

0.80.760.20.57-0.280.50.90.540.870.870.970.98-0.850.790.980.750.890.940.94-0.230.790.690.890.930.14
0.80.610.00.64-0.720.630.870.50.910.680.750.77-0.780.630.790.430.840.820.89-0.680.560.180.770.920.42
0.760.610.680.28-0.070.220.610.920.630.690.770.77-0.850.90.80.780.660.670.680.030.910.730.640.67-0.14
0.20.00.68-0.460.25-0.50.050.740.070.120.260.24-0.390.520.310.440.170.180.130.370.490.52-0.050.09-0.47
0.570.640.28-0.46-0.370.970.610.060.610.680.540.54-0.460.380.450.390.510.440.53-0.410.440.190.830.60.32
-0.28-0.72-0.070.25-0.37-0.42-0.55-0.04-0.65-0.18-0.24-0.280.28-0.09-0.270.0-0.49-0.35-0.510.960.050.47-0.28-0.54-0.32
0.50.630.22-0.50.97-0.420.50.020.540.620.450.45-0.370.290.370.310.460.350.47-0.460.370.080.790.540.31
0.90.870.610.050.61-0.550.50.450.970.760.90.92-0.850.740.880.620.920.920.96-0.530.640.420.820.970.29
0.540.50.920.740.06-0.040.020.450.470.390.580.59-0.770.840.610.560.540.540.550.040.780.570.420.52-0.1
0.870.910.630.070.61-0.650.540.970.470.760.880.9-0.830.720.850.640.930.870.95-0.630.650.330.820.970.25
0.870.680.690.120.68-0.180.620.760.390.760.890.85-0.740.70.820.80.730.720.75-0.20.790.640.880.780.12
0.970.750.770.260.54-0.240.450.90.580.880.890.99-0.90.860.950.810.920.910.93-0.230.840.720.890.930.08
0.980.770.770.240.54-0.280.450.920.590.90.850.99-0.90.850.960.790.930.930.95-0.260.830.690.890.940.11
-0.85-0.78-0.85-0.39-0.460.28-0.37-0.85-0.77-0.83-0.74-0.9-0.9-0.96-0.85-0.66-0.87-0.86-0.880.26-0.85-0.63-0.79-0.89-0.13
0.790.630.90.520.38-0.090.290.740.840.720.70.860.85-0.960.790.740.780.750.78-0.060.910.740.740.77-0.07
0.980.790.80.310.45-0.270.370.880.610.850.820.950.96-0.850.790.730.870.960.93-0.210.780.690.810.920.13
0.750.430.780.440.390.00.310.620.560.640.80.810.79-0.660.740.730.610.560.620.020.870.740.710.61-0.26
0.890.840.660.170.51-0.490.460.920.540.930.730.920.93-0.870.780.870.610.890.96-0.480.670.480.840.960.2
0.940.820.670.180.44-0.350.350.920.540.870.720.910.93-0.860.750.960.560.890.95-0.320.670.580.760.940.29
0.940.890.680.130.53-0.510.470.960.550.950.750.930.95-0.880.780.930.620.960.95-0.490.690.480.840.990.24
-0.23-0.680.030.37-0.410.96-0.46-0.530.04-0.63-0.2-0.23-0.260.26-0.06-0.210.02-0.48-0.32-0.490.040.51-0.3-0.52-0.47
0.790.560.910.490.440.050.370.640.780.650.790.840.83-0.850.910.780.870.670.670.690.040.790.780.69-0.04
0.690.180.730.520.190.470.080.420.570.330.640.720.69-0.630.740.690.740.480.580.480.510.790.580.45-0.26
0.890.770.64-0.050.83-0.280.790.820.420.820.880.890.89-0.790.740.810.710.840.760.84-0.30.780.580.870.17
0.930.920.670.090.6-0.540.540.970.520.970.780.930.94-0.890.770.920.610.960.940.99-0.520.690.450.870.27
0.140.42-0.14-0.470.32-0.320.310.29-0.10.250.120.080.11-0.13-0.070.13-0.260.20.290.24-0.47-0.04-0.260.170.27
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Brightcove Account Relationship Matchups

Brightcove fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets172.9M186.8M216.5M227.8M216.1M135.0M
Total Stockholder Equity74.1M79.6M96.3M102.3M93.9M98.6M
Property Plant And Equipment Net29.0M24.7M45.4M58.3M58.7M61.6M
Net Debt(4.9M)(27.6M)(20.3M)(7.2M)3.2M3.4M
Cash22.8M37.5M45.7M31.9M18.6M29.1M
Other Assets3.3M14.0M6.7M7.0M6.3M6.8M
Cash And Short Term Investments22.8M37.5M45.7M31.9M18.6M29.8M
Other Stockholder Equity275.5M286.2M297.9M314.0M328.0M212.5M
Property Plant And Equipment Gross29.0M24.7M45.4M58.3M121.5M127.5M
Common Stock Shares Outstanding38.0M39.5M42.2M41.8M43.1M34.2M
Other Current Liab20.9M28.1M25.2M32.3M17.1M17.5M
Total Current Liabilities86.3M98.9M96.6M104.0M104.6M64.5M
Current Deferred Revenue49.3M58.7M62.1M61.6M68.2M39.5M
Retained Earnings(200.6M)(206.4M)(201.0M)(210.1M)(232.9M)(244.6M)
Accounts Payable9.9M10.5M11.0M11.3M14.4M15.1M
Non Current Assets Total107.0M101.3M122.2M150.5M145.7M81.3M
Non Currrent Assets Other3.3M5.3M6.7M7.0M5.8M3.1M
Net Receivables31.2M29.3M29.9M26.0M33.5M24.5M
Common Stock Total Equity39K40K41K42K48.3K34.3K
Liabilities And Stockholders Equity172.9M186.8M216.5M227.8M216.1M146.8M
Non Current Liabilities Total12.5M8.3M23.6M21.5M17.6M16.8M
Other Current Assets6.7M18.7M18.6M19.4M18.3M19.2M
Total Liab98.7M107.2M120.2M125.5M122.2M87.6M
Total Current Assets65.8M85.5M94.2M77.3M70.4M65.6M
Accumulated Other Comprehensive Income(785K)(188K)(662K)(1.6M)(1.2M)(1.2M)
Common Stock39K40K41K42K44K35.2K
Other Liab767K2.8M786K981K1.1M1.6M
Intangible Assets13.9M10.5M9.3M10.3M6.4M10.2M
Property Plant Equipment12.1M16.0M45.4M39.7M45.6M47.9M
Short Long Term Debt Total17.9M9.8M25.4M24.7M21.8M11.0M
Inventory5.2M5.8M7.8M8.7M6.6M5.0M
Short Term Debt6.2M8.7M5.2M8.3M9.0M9.4M
Net Tangible Assets(654K)8.2M26.1M17.2M15.5M12.8M
Retained Earnings Total Equity(200.6M)(206.4M)(201.0M)(210.1M)(189.1M)(198.5M)
Capital Surpluse276.4M287.1M298.8M314.8M362.0M267.7M
Non Current Liabilities Other767K2.8M786K981K207K196.7K

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Additional Tools for Brightcove Stock Analysis

When running Brightcove's price analysis, check to measure Brightcove's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.