Beam Common Stock Shares Outstanding vs Total Assets Analysis

BEEM Stock  USD 4.16  0.08  1.96%   
Beam Global financial indicator trend analysis is way more than just evaluating Beam Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beam Global is a good investment. Please check the relationship between Beam Global Common Stock Shares Outstanding and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Global Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beam Global's Common Stock Shares Outstanding and Total Assets is 0.96. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of Beam Global, assuming nothing else is changed. The correlation between historical values of Beam Global's Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Beam Global are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Beam Global's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Beam Global 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 Beam Global 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.
Most indicators from Beam Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beam Global 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 Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.At this time, Beam Global's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Tax Provision is likely to grow to about 14.7 K, while Enterprise Value Over EBITDA is likely to drop (5.81).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization125.1K1.1M1.9M2.0M
Income Tax Expense1K2K12K12.6K

Beam Global fundamental ratios Correlations

0.030.870.99-0.55-0.910.930.560.56-0.560.960.970.930.97-0.3-0.540.790.950.350.95-0.120.960.880.940.950.95
0.030.090.02-0.14-0.22-0.020.230.230.490.10.140.040.110.740.49-0.04-0.060.16-0.070.37-0.03-0.03-0.01-0.07-0.07
0.870.090.78-0.11-0.860.930.120.12-0.290.830.860.980.730.04-0.270.910.880.620.950.030.910.950.980.880.86
0.990.020.78-0.68-0.890.860.680.68-0.630.960.960.860.99-0.39-0.620.720.90.270.89-0.170.90.820.880.90.9
-0.55-0.14-0.11-0.680.46-0.26-1.0-1.00.59-0.57-0.56-0.23-0.740.540.59-0.1-0.370.18-0.280.25-0.35-0.19-0.25-0.36-0.39
-0.91-0.22-0.86-0.890.46-0.82-0.48-0.480.38-0.96-0.98-0.87-0.880.090.36-0.81-0.81-0.5-0.86-0.02-0.84-0.89-0.9-0.81-0.81
0.93-0.020.930.86-0.26-0.820.270.27-0.380.830.870.990.82-0.11-0.360.760.990.390.98-0.020.990.860.950.990.98
0.560.230.120.68-1.0-0.480.271.0-0.540.580.570.240.75-0.46-0.540.10.37-0.160.28-0.210.360.20.260.360.39
0.560.230.120.68-1.0-0.480.271.0-0.540.580.570.240.75-0.46-0.540.10.37-0.160.28-0.210.360.20.260.360.39
-0.560.49-0.29-0.630.590.38-0.38-0.54-0.54-0.56-0.5-0.36-0.610.811.0-0.43-0.450.01-0.460.58-0.44-0.45-0.43-0.44-0.46
0.960.10.830.96-0.57-0.960.830.580.58-0.560.990.860.95-0.28-0.540.810.850.40.88-0.090.870.890.890.840.84
0.970.140.860.96-0.56-0.980.870.570.57-0.50.990.90.96-0.22-0.480.80.890.40.91-0.060.90.890.920.880.88
0.930.040.980.86-0.23-0.870.990.240.24-0.360.860.90.82-0.07-0.340.850.960.50.99-0.010.980.920.980.960.95
0.970.110.730.99-0.74-0.880.820.750.75-0.610.950.960.82-0.37-0.60.670.860.240.84-0.160.860.770.830.860.86
-0.30.740.04-0.390.540.09-0.11-0.46-0.460.81-0.28-0.22-0.07-0.370.82-0.11-0.230.2-0.190.46-0.19-0.13-0.13-0.22-0.24
-0.540.49-0.27-0.620.590.36-0.36-0.54-0.541.0-0.54-0.48-0.34-0.60.82-0.41-0.430.02-0.440.58-0.42-0.43-0.41-0.42-0.43
0.79-0.040.910.72-0.1-0.810.760.10.1-0.430.810.80.850.67-0.11-0.410.710.670.85-0.090.750.960.910.710.68
0.95-0.060.880.9-0.37-0.810.990.370.37-0.450.850.890.960.86-0.23-0.430.710.30.97-0.080.990.840.931.01.0
0.350.160.620.270.18-0.50.39-0.16-0.160.010.40.40.50.240.20.020.670.30.450.280.350.570.540.30.27
0.95-0.070.950.89-0.28-0.860.980.280.28-0.460.880.910.990.84-0.19-0.440.850.970.45-0.080.980.940.990.970.96
-0.120.370.03-0.170.25-0.02-0.02-0.21-0.210.58-0.09-0.06-0.01-0.160.460.58-0.09-0.080.28-0.08-0.06-0.07-0.04-0.07-0.07
0.96-0.030.910.9-0.35-0.840.990.360.36-0.440.870.90.980.86-0.19-0.420.750.990.350.98-0.060.860.940.990.99
0.88-0.030.950.82-0.19-0.890.860.20.2-0.450.890.890.920.77-0.13-0.430.960.840.570.94-0.070.860.970.830.81
0.94-0.010.980.88-0.25-0.90.950.260.26-0.430.890.920.980.83-0.13-0.410.910.930.540.99-0.040.940.970.930.91
0.95-0.070.880.9-0.36-0.810.990.360.36-0.440.840.880.960.86-0.22-0.420.711.00.30.97-0.070.990.830.931.0
0.95-0.070.860.9-0.39-0.810.980.390.39-0.460.840.880.950.86-0.24-0.430.681.00.270.96-0.070.990.810.911.0
Click cells to compare fundamentals

Beam Global Account Relationship Matchups

Beam Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M32.9M30.7M37.7M77.6M81.5M
Short Long Term Debt Total572.9K2.4M2.1M1.7M1.3M1.6M
Total Current Liabilities1.5M1.8M3.0M13.2M16.9M17.7M
Total Stockholder Equity5.8M29.2M26.0M23.2M49.5M52.0M
Net Debt(3.3M)(24.3M)(19.9M)17K(9.1M)(8.7M)
Retained Earnings(45.8M)(51.0M)(57.6M)(77.3M)(93.4M)(88.7M)
Accounts Payable485.0K727.9K1.6M2.9M9.7M10.2M
Cash3.8M26.7M21.9M1.7M10.4M10.9M
Cash And Short Term Investments3.8M26.7M21.9M1.7M10.4M10.9M
Common Stock Total Equity141.8K145.3K5.2K8.5K9.8K9.3K
Common Stock Shares Outstanding4.5M6.2M8.9M9.9M12.3M13.0M
Liabilities And Stockholders Equity7.3M32.9M30.7M37.7M77.6M81.5M
Other Stockholder Equity51.6M80.2M83.6M100.5M142.3M149.4M
Total Liab1.5M3.8M4.7M14.5M28.1M29.5M
Total Current Assets6.6M29.9M27.6M19.9M40.7M42.8M
Short Term Debt572.9K652.4K468K1.3M655K1.3M
Common Stock5.2K8.5K9.0K10K14K13.3K
Other Current Liab311.3K461.4K863K7.8M5.5M5.7M
Property Plant And Equipment Net419.4K2.7M2.7M3.2M17.5M18.4M
Current Deferred Revenue93.6K107K136K1.2M828K439.5K
Non Current Assets Total681.4K3M3.1M17.8M36.9M38.8M
Non Currrent Assets Other300.6K56.9K52K62K71.3K92.4K
Net Receivables766.2K1.8M3.9M4.4M16.1M16.9M
Inventory1.8M1.1M1.6M12.2M11.9M12.5M
Other Current Assets146.1K321.4K152K1.6M2.3M2.5M
Property Plant And Equipment Gross419.4K2.7M2.7M3.2M19.3M20.2M
Accumulated Other Comprehensive Income(307.2K)(346.4K)0.0624K717.6K753.5K
Non Current Liabilities Total1.2M1.9M1.7M1.4M11.2M11.8M
Intangible Assets205.2K294K360K9.9M9.1M9.5M
Net Tangible Assets(2.6M)5.6M28.9M25.6M29.5M30.9M
Other Assets300.6K56.9K52K62K55.8K95.5K
Short Long Term Debt2.6M2.9M223.7K40K36K34.2K
Property Plant Equipment133.2K419.4K2.7M2.7M3.1M3.2M
Net Invested Capital6.0M29.2M26.0M23.2M49.7M52.2M
Net Working Capital5.1M28.1M24.6M6.8M23.8M13.3M
Capital Stock5.2K8.5K9.0K10K14K25.6K

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When determining whether Beam Global is a strong investment it is important to analyze Beam Global'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 Beam Global's future performance. For an informed investment choice regarding Beam Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Electrical Components & Equipment 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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Revenue Per Share
4.612
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.14)
Return On Equity
(0.34)
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global'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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global'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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global'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.