Beam Intangible Assets vs Net Receivables Analysis
BEEM Stock | USD 3.90 0.28 6.70% |
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 Intangible Assets and its Net Receivables 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.
Intangible Assets vs Net Receivables
Intangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Global Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beam Global's Intangible Assets and Net Receivables is 0.85. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables 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 Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Beam Global are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Beam Global's Intangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Receivables
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 26th 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 Amortization | 125.1K | 1.1M | 1.9M | 2.0M | Income Tax Expense | 1K | 2K | 12K | 12.6K |
Beam Global fundamental ratios Correlations
Click cells to compare fundamentals
Beam Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beam Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3M | 32.9M | 30.7M | 37.7M | 77.6M | 81.5M | |
Short Long Term Debt Total | 572.9K | 2.4M | 2.1M | 1.7M | 1.3M | 1.6M | |
Total Current Liabilities | 1.5M | 1.8M | 3.0M | 13.2M | 16.9M | 17.7M | |
Total Stockholder Equity | 5.8M | 29.2M | 26.0M | 23.2M | 49.5M | 52.0M | |
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 Payable | 485.0K | 727.9K | 1.6M | 2.9M | 9.7M | 10.2M | |
Cash | 3.8M | 26.7M | 21.9M | 1.7M | 10.4M | 10.9M | |
Cash And Short Term Investments | 3.8M | 26.7M | 21.9M | 1.7M | 10.4M | 10.9M | |
Common Stock Total Equity | 141.8K | 145.3K | 5.2K | 8.5K | 9.8K | 9.3K | |
Common Stock Shares Outstanding | 4.5M | 6.2M | 8.9M | 9.9M | 12.3M | 13.0M | |
Liabilities And Stockholders Equity | 7.3M | 32.9M | 30.7M | 37.7M | 77.6M | 81.5M | |
Other Stockholder Equity | 51.6M | 80.2M | 83.6M | 100.5M | 142.3M | 149.4M | |
Total Liab | 1.5M | 3.8M | 4.7M | 14.5M | 28.1M | 29.5M | |
Total Current Assets | 6.6M | 29.9M | 27.6M | 19.9M | 40.7M | 42.8M | |
Short Term Debt | 572.9K | 652.4K | 468K | 1.3M | 655K | 1.3M | |
Common Stock | 5.2K | 8.5K | 9.0K | 10K | 14K | 13.3K | |
Other Current Liab | 311.3K | 461.4K | 863K | 7.8M | 5.5M | 5.7M | |
Property Plant And Equipment Net | 419.4K | 2.7M | 2.7M | 3.2M | 17.5M | 18.4M | |
Current Deferred Revenue | 93.6K | 107K | 136K | 1.2M | 828K | 439.5K | |
Non Current Assets Total | 681.4K | 3M | 3.1M | 17.8M | 36.9M | 38.8M | |
Non Currrent Assets Other | 300.6K | 56.9K | 52K | 62K | 71.3K | 92.4K | |
Net Receivables | 766.2K | 1.8M | 3.9M | 4.4M | 16.1M | 16.9M | |
Inventory | 1.8M | 1.1M | 1.6M | 12.2M | 11.9M | 12.5M | |
Other Current Assets | 146.1K | 321.4K | 152K | 1.6M | 2.3M | 2.5M | |
Property Plant And Equipment Gross | 419.4K | 2.7M | 2.7M | 3.2M | 19.3M | 20.2M | |
Accumulated Other Comprehensive Income | (307.2K) | (346.4K) | 0.0 | 624K | 717.6K | 753.5K | |
Non Current Liabilities Total | 1.2M | 1.9M | 1.7M | 1.4M | 11.2M | 11.8M | |
Intangible Assets | 205.2K | 294K | 360K | 9.9M | 9.1M | 9.5M | |
Net Tangible Assets | (2.6M) | 5.6M | 28.9M | 25.6M | 29.5M | 30.9M | |
Other Assets | 300.6K | 56.9K | 52K | 62K | 55.8K | 95.5K | |
Short Long Term Debt | 2.6M | 2.9M | 223.7K | 40K | 36K | 34.2K | |
Property Plant Equipment | 133.2K | 419.4K | 2.7M | 2.7M | 3.1M | 3.2M | |
Net Invested Capital | 6.0M | 29.2M | 26.0M | 23.2M | 49.7M | 52.2M | |
Net Working Capital | 5.1M | 28.1M | 24.6M | 6.8M | 23.8M | 13.3M | |
Capital Stock | 5.2K | 8.5K | 9.0K | 10K | 14K | 25.6K |
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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.