Boat Cash vs Net Debt Analysis

BRMI Stock

CAD 0.66 0.01 1.54%

Boat Rocker financial indicator trend analysis is way more than just evaluating Boat Rocker Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boat Rocker Media is a good investment. Please check the relationship between Boat Rocker Cash and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boat Rocker Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boat Rocker Media Cash account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Boat Rocker's Cash and Net Debt is 0.16. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Boat Rocker Media, assuming nothing else is changed. The correlation between historical values of Boat Rocker's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Boat Rocker Media are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Boat Rocker's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Boat Rocker Media, which is listed under current asset account on Boat Rocker Media balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Boat Rocker customers. The amounts must be unrestricted with restricted cash listed in a different Boat Rocker account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Boat Rocker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boat Rocker Media 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 Boat Rocker Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Boat Rocker's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 43.29, while Tax Provision is likely to drop about 5 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	347.2M	107.2M	299.9M	160.6M
Interest Income	9.5M	9.4M	1.9M	3.4M

Depreciation And Amortization Interest Income

Boat Rocker fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory
Common Stock Shares Outstanding		-0.37	-0.29	0.41	-0.14	-0.46	-0.28	-0.22	0.45	0.25	0.27	0.56	-0.36	-0.6	-0.26	-0.29	0.02	-0.4	-0.6	-0.38	-0.33	-0.43	0.06	-0.38	0.51	0.36
Total Assets	-0.37		0.92	-0.18	0.84	0.67	0.86	-0.39	-0.89	0.52	0.59	-0.9	0.51	0.87	0.94	0.85	-0.18	0.85	0.87	0.68	0.84	0.83	0.41	0.87	-0.49	-0.91
Short Long Term Debt Total	-0.29	0.92		0.03	0.95	0.37	0.68	-0.6	-0.66	0.74	0.78	-0.71	0.18	0.71	0.99	0.77	0.02	0.7	0.71	0.35	0.79	0.69	0.53	0.66	-0.17	-0.8
Other Current Liab	0.41	-0.18	0.03		0.27	-0.74	0.02	-0.79	0.27	0.05	0.47	0.25	-0.4	-0.45	0.04	-0.16	0.07	-0.38	-0.45	-0.52	0.16	-0.35	0.14	-0.37	0.58	-0.06
Total Current Liabilities	-0.14	0.84	0.95	0.27		0.17	0.64	-0.8	-0.6	0.72	0.9	-0.64	0.15	0.51	0.95	0.78	-0.1	0.59	0.51	0.24	0.73	0.6	0.37	0.56	-0.13	-0.75
Total Stockholder Equity	-0.46	0.67	0.37	-0.74	0.17		0.64	0.39	-0.82	0.01	-0.15	-0.78	0.8	0.84	0.39	0.58	-0.24	0.79	0.84	0.94	0.43	0.76	0.06	0.86	-0.8	-0.58
Other Liab	-0.28	0.86	0.68	0.02	0.64	0.64		-0.36	-0.93	0.14	0.38	-0.89	0.67	0.79	0.72	0.68	-0.28	0.75	0.79	0.78	0.9	0.73	0.36	0.85	-0.52	-0.97
Net Tangible Assets	-0.22	-0.39	-0.6	-0.79	-0.8	0.39	-0.36		0.16	-0.53	-0.88	0.21	0.17	0.01	-0.61	-0.4	0.02	-0.13	0.01	0.2	-0.49	-0.15	-0.28	-0.1	-0.3	0.46
Property Plant And Equipment Net	0.45	-0.89	-0.66	0.27	-0.6	-0.82	-0.93	0.16		-0.13	-0.26	0.98	-0.82	-0.87	-0.7	-0.81	0.36	-0.88	-0.87	-0.91	-0.76	-0.86	-0.13	-0.95	0.76	0.89
Current Deferred Revenue	0.25	0.52	0.74	0.05	0.72	0.01	0.14	-0.53	-0.13		0.83	-0.16	-0.25	0.25	0.71	0.5	0.24	0.36	0.25	-0.11	0.28	0.34	0.45	0.25	0.25	-0.28
Net Debt	0.27	0.59	0.78	0.47	0.9	-0.15	0.38	-0.88	-0.26	0.83		-0.28	-0.16	0.16	0.8	0.54	-0.06	0.29	0.16	-0.07	0.52	0.28	0.42	0.25	0.19	-0.48
Retained Earnings	0.56	-0.9	-0.71	0.25	-0.64	-0.78	-0.89	0.21	0.98	-0.16	-0.28		-0.79	-0.89	-0.73	-0.86	0.25	-0.91	-0.89	-0.85	-0.74	-0.91	-0.09	-0.95	0.72	0.89
Accounts Payable	-0.36	0.51	0.18	-0.4	0.15	0.8	0.67	0.17	-0.82	-0.25	-0.16	-0.79		0.61	0.21	0.65	-0.4	0.75	0.61	0.93	0.31	0.74	-0.36	0.82	-0.88	-0.55
Cash	-0.6	0.87	0.71	-0.45	0.51	0.84	0.79	0.01	-0.87	0.25	0.16	-0.89	0.61		0.7	0.71	0.05	0.89	1.0	0.77	0.73	0.88	0.36	0.9	-0.55	-0.83
Non Current Assets Total	-0.26	0.94	0.99	0.04	0.95	0.39	0.72	-0.61	-0.7	0.71	0.8	-0.73	0.21	0.7		0.77	-0.08	0.69	0.7	0.39	0.82	0.68	0.52	0.67	-0.22	-0.83
Non Currrent Assets Other	-0.29	0.85	0.77	-0.16	0.78	0.58	0.68	-0.4	-0.81	0.5	0.54	-0.86	0.65	0.71	0.77		-0.11	0.93	0.71	0.63	0.51	0.93	-0.05	0.87	-0.53	-0.72
Other Assets	0.02	-0.18	0.02	0.07	-0.1	-0.24	-0.28	0.02	0.36	0.24	-0.06	0.25	-0.4	0.05	-0.08	-0.11		0.01	0.05	-0.43	-0.16	0.05	0.28	-0.14	0.65	0.13
Long Term Debt	-0.4	0.85	0.7	-0.38	0.59	0.79	0.75	-0.13	-0.88	0.36	0.29	-0.91	0.75	0.89	0.69	0.93	0.01		0.89	0.79	0.55	1.0	0.05	0.97	-0.6	-0.77
Cash And Short Term Investments	-0.6	0.87	0.71	-0.45	0.51	0.84	0.79	0.01	-0.87	0.25	0.16	-0.89	0.61	1.0	0.7	0.71	0.05	0.89		0.77	0.73	0.88	0.36	0.9	-0.55	-0.83
Net Receivables	-0.38	0.68	0.35	-0.52	0.24	0.94	0.78	0.2	-0.91	-0.11	-0.07	-0.85	0.93	0.77	0.39	0.63	-0.43	0.79	0.77		0.51	0.76	-0.05	0.89	-0.88	-0.68
Good Will	-0.33	0.84	0.79	0.16	0.73	0.43	0.9	-0.49	-0.76	0.28	0.52	-0.74	0.31	0.73	0.82	0.51	-0.16	0.55	0.73	0.51		0.54	0.65	0.64	-0.25	-0.95
Long Term Debt Total	-0.43	0.83	0.69	-0.35	0.6	0.76	0.73	-0.15	-0.86	0.34	0.28	-0.91	0.74	0.88	0.68	0.93	0.05	1.0	0.88	0.76	0.54		0.02	0.96	-0.58	-0.76
Non Current Liabilities Total	0.06	0.41	0.53	0.14	0.37	0.06	0.36	-0.28	-0.13	0.45	0.42	-0.09	-0.36	0.36	0.52	-0.05	0.28	0.05	0.36	-0.05	0.65	0.02		0.1	0.39	-0.45
Capital Surpluse	-0.38	0.87	0.66	-0.37	0.56	0.86	0.85	-0.1	-0.95	0.25	0.25	-0.95	0.82	0.9	0.67	0.87	-0.14	0.97	0.9	0.89	0.64	0.96	0.1		-0.68	-0.83
Capital Lease Obligations	0.51	-0.49	-0.17	0.58	-0.13	-0.8	-0.52	-0.3	0.76	0.25	0.19	0.72	-0.88	-0.55	-0.22	-0.53	0.65	-0.6	-0.55	-0.88	-0.25	-0.58	0.39	-0.68		0.41
Inventory	0.36	-0.91	-0.8	-0.06	-0.75	-0.58	-0.97	0.46	0.89	-0.28	-0.48	0.89	-0.55	-0.83	-0.83	-0.72	0.13	-0.77	-0.83	-0.68	-0.95	-0.76	-0.45	-0.83	0.41

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Boat Rocker Account Relationship Matchups

Pair Trading with Boat Rocker

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 Boat Rocker 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 Boat Rocker will appreciate offsetting losses from the drop in the long position's value.

Moving against Boat Stock

0.84	WMT	Walmart Inc CDR	Pair Corr
0.75	AMZN	Amazon CDR	Pair Corr
0.74	COST	Costco Wholesale Corp	Pair Corr
0.6	GOOG	Alphabet CDR	Pair Corr
0.55	BRK	Berkshire Hathaway CDR	Pair Corr

The ability to find closely correlated positions to Boat Rocker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boat Rocker 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 Boat Rocker - 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 Boat Rocker Media to buy it.

The correlation of Boat Rocker 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 Boat Rocker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boat Rocker Media 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 Boat Rocker 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 Correlation Correlation Matching

Other Information on Investing in Boat Stock

Balance Sheet is a snapshot of the financial position of Boat Rocker Media at a specified time, usually calculated after every quarter, six months, or one year. Boat Rocker Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Boat Rocker 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 Boat currently owns. An asset can also be divided into two categories, current and non-current.

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Boat Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

Boat Rocker fundamental ratios Correlations

Boat Rocker Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Boat Rocker

Moving against Boat Stock

Other Information on Investing in Boat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt Total	+ 1.0	Long Term Debt
Non Current Assets Total	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.98	Property Plant And Equipment Net
Capital Surpluse	+ 0.97	Long Term Debt
Capital Surpluse	+ 0.96	Long Term Debt Total

Inventory	- 0.97	Other Liab
Inventory	- 0.95	Good Will
Capital Surpluse	- 0.95	Retained Earnings
Capital Surpluse	- 0.95	Property Plant And Equipment Net
Property Plant And Equipment Net	- 0.93	Other Liab
Long Term Debt Total	- 0.91	Retained Earnings