Boardwalk Non Current Assets Total vs Total Current Liabilities Analysis
BEI-UN Stock | CAD 70.96 0.49 0.70% |
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 Non Current Assets Total and its Total Current Liabilities 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.
Non Current Assets Total vs Total Current Liabilities
Non Current Assets Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boardwalk Real Estate Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boardwalk Real's Non Current Assets Total and Total Current Liabilities is 0.73. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Boardwalk Real Estate are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Boardwalk Real's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Boardwalk Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Boardwalk Real Estate are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Expense | 78.7M | 85.1M | 98.8M | 86.9M | Depreciation And Amortization | 338.7M | 229.4M | 7.9M | 7.5M |
Boardwalk Real fundamental ratios Correlations
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Boardwalk Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boardwalk Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 6.1B | 6.7B | 7.1B | 8.1B | 8.5B | |
Short Long Term Debt Total | 2.9B | 3.0B | 3.1B | 3.3B | 3.4B | 1.8B | |
Other Current Liab | 22.2M | 21.8M | 23.5M | 16.6M | 23.1M | 22.0M | |
Total Current Liabilities | 453.0M | 540.8M | 606.1M | 584.9M | 600.5M | 513.9M | |
Total Stockholder Equity | 3.1B | 2.9B | 3.3B | 3.5B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 36.3M | 32.2M | 29.9M | 31.4M | 30.6M | 29.1M | |
Net Debt | 2.8B | 2.9B | 3.0B | 3.2B | 3.1B | 1.6B | |
Retained Earnings | 2.9B | 2.7B | 3.0B | 3.3B | 3.9B | 4.1B | |
Non Currrent Assets Other | 6.1B | 6.0B | 6.5B | 6.9B | 7.7B | 8.1B | |
Other Assets | 3.5M | 4.6M | 1.2M | 859K | 773.1K | 734.4K | |
Common Stock Shares Outstanding | 46.4M | 51.0M | 46.5M | 50.4M | 45.8M | 52.3M | |
Liabilities And Stockholders Equity | 6.3B | 6.1B | 6.7B | 7.1B | 8.1B | 8.5B | |
Non Current Liabilities Total | 2.7B | 2.7B | 2.8B | 3.0B | 3.2B | 1.7B | |
Other Stockholder Equity | (6.0B) | (5.6B) | (6.3B) | (6.7B) | (8.2B) | (7.8B) | |
Total Liab | 3.2B | 3.2B | 3.4B | 3.6B | 3.8B | 2.2B | |
Short Term Debt | 378.3M | 469.1M | 532.5M | 508.3M | 503.4M | 370.8M | |
Non Current Assets Total | 6.2B | 6.0B | 6.6B | 7.0B | 7.8B | 4.6B | |
Cash | 35.2M | 53.0M | 64.3M | 52.8M | 331.2M | 347.8M | |
Cash And Short Term Investments | 35.2M | 53.0M | 64.3M | 52.8M | 331.2M | 347.8M | |
Net Receivables | 4.4M | 3.0M | 7.1M | 5.0M | 4.9M | 8.1M | |
Total Current Assets | 61.9M | 85.0M | 93.5M | 90.1M | 368.5M | 387.0M | |
Common Stock | 200.3M | 202.5M | 214.7M | 211.9M | 452.0M | 253.8M | |
Other Current Assets | 14.2M | 13.8M | 14.0M | 24.6M | 25.5M | 15.4M | |
Accumulated Other Comprehensive Income | 3.1B | 2.9B | 3.3B | 3.5B | 4.3B | 4.5B | |
Accounts Payable | 52.5M | 49.9M | 50.1M | 60.0M | 74.1M | 61.3M | |
Current Deferred Revenue | 11.2M | 11.2M | 11.5M | 12.7M | 14.1M | 13.4M | |
Inventory | 8.3M | 6.4M | 8.0M | 7.8M | 6.9M | 7.3M | |
Other Liab | 7.7M | 6.8M | 8.8M | 7.9M | 7.1M | 6.8M | |
Net Tangible Assets | 3.1B | 2.9B | 3.3B | 3.5B | 3.1B | 2.5B | |
Long Term Debt | 2.4B | 2.5B | 2.5B | 2.7B | 2.8B | 2.5B | |
Short Long Term Debt | 374.7M | 465.3M | 528.6M | 505.0M | 500.4M | 479.9M | |
Property Plant Equipment | 6.2B | 6.0B | 6.5B | 6.9B | 8.0B | 6.6B | |
Good Will | 751K | 825K | 933K | 859K | 782K | 612.2K | |
Long Term Investments | 27.2M | 37.0M | 43.1M | 44.2M | 39.8M | 37.8M | |
Non Current Liabilities Other | 205.5M | 151.0M | 245.4M | 221.2M | 319.2M | 236.8M | |
Net Invested Capital | 5.9B | 5.8B | 6.3B | 6.7B | 7.6B | 6.9B | |
Net Working Capital | (391.1M) | (455.8M) | (512.7M) | (494.8M) | (232.0M) | (243.6M) | |
Capital Stock | 200.3M | 202.5M | 214.7M | 211.9M | 452.0M | 271.1M |
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
Moving against Boardwalk Stock
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.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.