Badger Other Current Assets vs Cash And Short Term Investments Analysis
BMI Stock | USD 220.24 0.76 0.34% |
Badger Meter financial indicator trend analysis is way more than just evaluating Badger Meter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Badger Meter is a good investment. Please check the relationship between Badger Meter Other Current Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Badger Meter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.
Other Current Assets vs Cash And Short Term Investments
Other Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Badger Meter Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Badger Meter's Other Current Assets and Cash And Short Term Investments is 0.75. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Badger Meter, assuming nothing else is changed. The correlation between historical values of Badger Meter's Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Badger Meter are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Badger Meter's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Badger Meter balance sheet. This account contains Badger Meter investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Badger Meter fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Badger Meter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Badger Meter 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 Badger Meter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.As of now, Badger Meter's Enterprise Value Multiple is increasing as compared to previous years. The Badger Meter's current Enterprise Value is estimated to increase to about 1.7 B, while Tax Provision is projected to decrease to under 19.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 205.5M | 220.0M | 276.4M | 290.3M | Total Revenue | 505.2M | 565.6M | 703.6M | 738.8M |
Badger Meter fundamental ratios Correlations
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Badger Meter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Badger Meter fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 421.9M | 468.4M | 530.8M | 603.0M | 716.9M | 752.8M | |
Short Long Term Debt Total | 4.5M | 7.2M | 6.2M | 6.8M | 5.8M | 5.5M | |
Other Current Liab | 8.5M | 33.1M | 40.3M | 38.9M | 47.6M | 50.0M | |
Total Current Liabilities | 57.2M | 65.2M | 82.1M | 110.3M | 131.9M | 138.5M | |
Total Stockholder Equity | 331.1M | 361.3M | 403.1M | 442.4M | 516.5M | 542.3M | |
Property Plant And Equipment Net | 85.8M | 82.7M | 78.1M | 73.5M | 79.4M | 53.5M | |
Net Debt | (44.4M) | (65.1M) | (81.0M) | (131.3M) | (186.0M) | (176.7M) | |
Retained Earnings | 285.9M | 314.9M | 353.5M | 395.2M | 458.7M | 481.7M | |
Cash | 48.9M | 72.3M | 87.2M | 138.1M | 191.8M | 201.4M | |
Non Current Assets Total | 221.8M | 247.5M | 269.5M | 255.2M | 274.7M | 288.5M | |
Non Currrent Assets Other | 16.6M | 22.5M | 22.9M | 14.0M | 5.7M | 10.9M | |
Cash And Short Term Investments | 48.9M | 72.3M | 87.2M | 138.1M | 191.8M | 201.4M | |
Net Receivables | 61.4M | 61.7M | 65.9M | 76.7M | 83.5M | 87.7M | |
Common Stock Shares Outstanding | 29.2M | 29.2M | 29.3M | 29.4M | 29.5M | 30.8M | |
Liabilities And Stockholders Equity | 421.9M | 468.4M | 530.8M | 603.0M | 716.9M | 752.8M | |
Non Current Liabilities Total | 33.6M | 41.9M | 45.6M | 50.3M | 68.5M | 71.9M | |
Inventory | 81.9M | 81.6M | 99.6M | 119.9M | 153.7M | 161.4M | |
Other Current Assets | 7.9M | 8.1M | 17.4M | 13.3M | 13.2M | 13.9M | |
Other Stockholder Equity | 7.6M | 7.9M | 12.2M | 16.0M | 22.2M | 23.3M | |
Total Liab | 90.8M | 107.1M | 127.7M | 160.6M | 200.4M | 210.5M | |
Property Plant And Equipment Gross | 85.8M | 82.7M | 216.8M | 220.9M | 226.0M | 237.3M | |
Total Current Assets | 200.1M | 220.9M | 261.4M | 347.8M | 442.2M | 464.3M | |
Accumulated Other Comprehensive Income | 425K | 1.3M | 136K | (6.0M) | (1.6M) | (1.7M) | |
Short Term Debt | 4.5M | 2.5M | 1.9M | 2.4M | 2.6M | 2.4M | |
Intangible Assets | 48.2M | 53.6M | 64.2M | 53.6M | 53.7M | 56.4M | |
Accounts Payable | 31.5M | 34.9M | 41.9M | 71.4M | 81.8M | 85.9M | |
Common Stock Total Equity | 37.2M | 37.2M | 37.2M | 37.2M | 42.8M | 23.5M | |
Common Stock | 37.2M | 37.2M | 37.2M | 37.2M | 42.8M | 24.2M | |
Other Liab | 27.6M | 41.9M | 45.6M | 45.9M | 52.8M | 55.4M | |
Other Assets | 10.9M | 22.5M | 22.9M | 26.8M | 1.0 | 0.95 | |
Treasury Stock | (34.2M) | (37.1M) | (37.0M) | (37.3M) | (33.5M) | (35.2M) | |
Property Plant Equipment | 85.8M | 82.7M | 78.1M | 73.5M | 84.6M | 73.0M | |
Current Deferred Revenue | 12.8M | (2.5M) | (1.9M) | 12.8M | 49.8M | 52.3M | |
Net Tangible Assets | 211.6M | 219.0M | 234.6M | 287.6M | 330.7M | 181.0M | |
Retained Earnings Total Equity | 285.9M | 314.9M | 353.5M | 395.2M | 454.4M | 235.3M | |
Capital Surpluse | 42.0M | 45.0M | 49.2M | 53.3M | 61.3M | 46.7M | |
Deferred Long Term Liab | 876K | 5.7M | 5.4M | 4.6M | 5.3M | 4.0M | |
Non Current Liabilities Other | 32.7M | 36.2M | 40.2M | 45.7M | 4.8M | 4.5M | |
Accumulated Depreciation | (124.1M) | (134.7M) | (138.7M) | (147.4M) | (132.7M) | (139.3M) |
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When determining whether Badger Meter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Badger Meter's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Badger Meter Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Badger Meter Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Badger Meter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Electronic Equipment, Instruments & Components 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 Badger Meter. If investors know Badger 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 Badger Meter listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.227 | Dividend Share 1.15 | Earnings Share 4.02 | Revenue Per Share 27.395 | Quarterly Revenue Growth 0.119 |
The market value of Badger Meter is measured differently than its book value, which is the value of Badger that is recorded on the company's balance sheet. Investors also form their own opinion of Badger Meter's value that differs from its market value or its book value, called intrinsic value, which is Badger Meter'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 Badger Meter's market value can be influenced by many factors that don't directly affect Badger Meter'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 Badger Meter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Badger Meter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Badger Meter'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.