Boardwalk Dividend Yield vs Price To Sales Ratio Analysis

BEI-UN Stock  CAD 71.95  1.84  2.62%   
Boardwalk Real financial indicator trend analysis is way more than just evaluating Boardwalk Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boardwalk Real Estate is a good investment. Please check the relationship between Boardwalk Real Dividend Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boardwalk Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Dividend Yield vs Price To Sales Ratio

Dividend Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boardwalk Real Estate Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Boardwalk Real's Dividend Yield and Price To Sales Ratio is -0.3. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Boardwalk Real Estate, assuming nothing else is changed. The correlation between historical values of Boardwalk Real's Dividend Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Boardwalk Real Estate are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Boardwalk Real's Dividend Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Boardwalk Real Estate dividend as a percentage of Boardwalk Real stock price. Boardwalk Real Estate dividend yield is a measure of Boardwalk Real stock productivity, which can be interpreted as interest rate earned on an Boardwalk Real investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Boardwalk Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Boardwalk Real sales, a figure that is much harder to manipulate than other Boardwalk Real Estate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Boardwalk Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boardwalk Real Estate 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 Boardwalk Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Boardwalk Real's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.6 B, whereas Selling General Administrative is forecasted to decline to about 26.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense78.7M85.1M98.8M86.9M
Depreciation And Amortization338.7M229.4M369.5M388.0M

Boardwalk Real fundamental ratios Correlations

0.780.730.99-0.140.740.980.51-0.820.810.79-0.60.830.70.820.520.520.590.010.1-0.870.08-0.730.20.38-0.55
0.780.670.72-0.210.990.710.5-0.70.670.99-0.60.980.810.970.030.030.110.080.04-0.80.09-0.730.040.5-0.63
0.730.670.70.290.630.780.26-0.750.780.66-0.150.770.680.730.330.330.410.24-0.1-0.80.13-0.360.070.09-0.23
0.990.720.7-0.190.660.980.45-0.820.790.73-0.540.770.680.790.580.580.64-0.010.12-0.850.06-0.750.230.31-0.45
-0.14-0.210.29-0.19-0.26-0.03-0.48-0.10.15-0.130.53-0.05-0.47-0.170.30.30.27-0.18-0.13-0.06-0.070.690.03-0.320.35
0.740.990.630.66-0.260.650.52-0.640.630.97-0.610.960.820.95-0.08-0.080.00.12-0.01-0.760.08-0.74-0.010.54-0.66
0.980.710.780.98-0.030.650.35-0.870.860.74-0.450.790.630.790.60.60.67-0.040.05-0.90.05-0.670.20.26-0.38
0.510.50.260.45-0.480.520.35-0.110.090.42-0.820.410.610.41-0.01-0.010.060.340.39-0.160.15-0.470.210.48-0.79
-0.82-0.7-0.75-0.82-0.1-0.64-0.87-0.11-0.84-0.740.22-0.78-0.54-0.77-0.46-0.46-0.490.270.190.910.060.580.190.010.18
0.810.670.780.790.150.630.860.09-0.840.69-0.250.750.530.70.380.380.450.06-0.37-0.95-0.03-0.58-0.040.28-0.25
0.790.990.660.73-0.130.970.740.42-0.740.69-0.560.990.720.970.110.110.18-0.030.05-0.830.06-0.690.050.47-0.59
-0.6-0.6-0.15-0.540.53-0.61-0.45-0.820.22-0.25-0.56-0.51-0.5-0.51-0.09-0.09-0.16-0.23-0.30.33-0.210.63-0.2-0.680.9
0.830.980.770.77-0.050.960.790.41-0.780.750.99-0.510.760.980.160.160.240.030.02-0.870.07-0.660.060.43-0.56
0.70.810.680.68-0.470.820.630.61-0.540.530.72-0.50.760.81-0.05-0.050.040.40.02-0.630.15-0.80.040.32-0.49
0.820.970.730.79-0.170.950.790.41-0.770.70.97-0.510.980.810.180.180.250.020.09-0.840.07-0.730.10.39-0.5
0.520.030.330.580.3-0.080.6-0.01-0.460.380.11-0.090.16-0.050.181.00.99-0.280.43-0.340.1-0.020.4-0.240.1
0.520.030.330.580.3-0.080.6-0.01-0.460.380.11-0.090.16-0.050.181.00.99-0.280.43-0.340.1-0.020.4-0.240.1
0.590.110.410.640.270.00.670.06-0.490.450.18-0.160.240.040.250.990.99-0.190.42-0.410.13-0.090.44-0.160.02
0.010.080.24-0.01-0.180.12-0.040.340.270.06-0.03-0.230.030.40.02-0.28-0.28-0.19-0.09-0.010.26-0.140.230.31-0.29
0.10.04-0.10.12-0.13-0.010.050.390.19-0.370.05-0.30.020.020.090.430.430.42-0.090.270.160.10.69-0.04-0.18
-0.87-0.8-0.8-0.85-0.06-0.76-0.9-0.160.91-0.95-0.830.33-0.87-0.63-0.84-0.34-0.34-0.41-0.010.270.060.680.01-0.330.36
0.080.090.130.06-0.070.080.050.150.06-0.030.06-0.210.070.150.070.10.10.130.260.160.06-0.02-0.1-0.03-0.08
-0.73-0.73-0.36-0.750.69-0.74-0.67-0.470.58-0.58-0.690.63-0.66-0.8-0.73-0.02-0.02-0.09-0.140.10.68-0.020.04-0.470.51
0.20.040.070.230.03-0.010.20.210.19-0.040.05-0.20.060.040.10.40.40.440.230.690.01-0.10.040.32-0.23
0.380.50.090.31-0.320.540.260.480.010.280.47-0.680.430.320.39-0.24-0.24-0.160.31-0.04-0.33-0.03-0.470.32-0.8
-0.55-0.63-0.23-0.450.35-0.66-0.38-0.790.18-0.25-0.590.9-0.56-0.49-0.50.10.10.02-0.29-0.180.36-0.080.51-0.23-0.8
Click cells to compare fundamentals

Boardwalk Real Account Relationship Matchups

Boardwalk Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B6.1B6.7B7.1B8.1B8.5B
Short Long Term Debt Total2.9B3.0B3.1B3.3B3.4B1.8B
Total Current Liabilities453.0M540.8M606.1M584.9M600.5M513.9M
Total Stockholder Equity3.1B2.9B3.3B3.5B4.3B4.5B
Property Plant And Equipment Net36.3M32.2M29.9M31.4M30.6M29.1M
Net Debt2.8B2.9B3.0B3.2B3.1B1.6B
Retained Earnings2.9B2.7B3.0B3.3B3.9B4.1B
Non Currrent Assets Other6.1B6.0B6.5B6.9B7.7B8.1B
Other Assets3.5M4.6M1.2M859K773.1K734.4K
Common Stock Shares Outstanding46.4M51.0M46.5M50.4M45.8M52.3M
Liabilities And Stockholders Equity6.3B6.1B6.7B7.1B8.1B8.5B
Non Current Liabilities Total2.7B2.7B2.8B3.0B3.2B1.7B
Other Stockholder Equity(6.0B)(5.6B)(6.3B)(6.7B)(8.2B)(7.8B)
Total Liab3.2B3.2B3.4B3.6B3.8B2.2B
Short Term Debt378.3M469.1M532.5M508.3M503.4M341.6M
Non Current Assets Total6.2B6.0B6.6B7.0B7.8B4.6B
Cash35.2M53.0M64.3M52.8M331.2M347.8M
Cash And Short Term Investments35.2M53.0M64.3M52.8M331.2M347.8M
Total Current Assets61.9M85.0M93.5M90.1M368.5M387.0M
Net Receivables4.4M11.8M6.9M5.0M4.9M8.2M
Common Stock200.3M202.5M214.7M211.9M452.0M253.8M
Other Current Liab11.0M10.6M12.0M14.1M9.0M8.6M
Other Current Assets(34K)13.8M14.3M24.6M15.7M14.3M
Accumulated Other Comprehensive Income3.1B2.9B3.3B3.5B4.3B4.5B
Current Deferred Revenue11.2M11.2M11.5M12.7M14.1M13.4M
Accounts Payable52.5M49.9M50.1M49.8M74.1M61.3M
Inventory8.3M6.4M8.0M7.8M6.9M7.3M
Other Liab7.7M6.8M8.8M7.9M7.1M6.8M
Net Tangible Assets3.1B2.9B3.3B3.5B3.1B2.5B
Long Term Debt2.4B2.5B2.5B2.7B2.8B2.5B
Short Long Term Debt374.7M465.3M528.6M505.0M500.4M479.9M
Property Plant Equipment6.2B6.0B6.5B6.9B8.0B6.6B
Good Will751K825K933K859K782K612.2K
Long Term Investments27.2M37.0M43.1M44.2M39.8M37.8M
Non Current Liabilities Other205.5M151.0M245.4M221.2M319.2M236.8M
Net Invested Capital5.9B5.8B6.3B6.7B7.6B6.9B
Net Working Capital(391.1M)(455.8M)(512.7M)(494.8M)(232.0M)(243.6M)
Capital Stock200.3M202.5M214.7M211.9M452.0M271.1M

Pair Trading with Boardwalk Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boardwalk Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boardwalk Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Boardwalk Stock

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Moving against Boardwalk Stock

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  0.68MATE Blockmate Ventures Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Boardwalk Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boardwalk Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boardwalk Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boardwalk Real Estate to buy it.
The correlation of Boardwalk Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boardwalk Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boardwalk Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boardwalk Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Boardwalk Stock

Balance Sheet is a snapshot of the financial position of Boardwalk Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Boardwalk Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Boardwalk Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Boardwalk currently owns. An asset can also be divided into two categories, current and non-current.