Broadwind Capex To Revenue vs Average Inventory Analysis

BWEN Stock

USD 1.72 0.17 10.97%

Broadwind Energy financial indicator trend analysis is way more than just evaluating Broadwind Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadwind Energy is a good investment. Please check the relationship between Broadwind Energy Capex To Revenue and its Average Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. 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 Broadwind Stock, please use our How to Invest in Broadwind Energy guide.

Capex To Revenue vs Average Inventory

Capex To Revenue vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadwind Energy Capex To Revenue account and Average Inventory. At this time, the significance of the direction appears to have pay attention.

The correlation between Broadwind Energy's Capex To Revenue and Average Inventory is -0.99. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Broadwind Energy, assuming nothing else is changed. The correlation between historical values of Broadwind Energy's Capex To Revenue and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Broadwind Energy are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Capex To Revenue i.e., Broadwind Energy's Capex To Revenue and Average Inventory go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Most indicators from Broadwind Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadwind Energy 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 Broadwind Energy. 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 Broadwind Stock, please use our How to Invest in Broadwind Energy guide.At this time, Broadwind Energy's Discontinued Operations is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 81.9 K, while Selling General Administrative is likely to drop about 19.3 M.

	2021	2022	2023	2024 (projected)
Total Revenue	145.6M	176.8M	203.5M	173.5M
Depreciation And Amortization	6.3M	6.1M	6.4M	8.1M

Total Revenue Depreciation And Amortization

Broadwind Energy fundamental ratios Correlations

	Retained Earnings	Common Stock Total Equity	Common Stock Shares Outstanding	Common Stock	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Total Liab	Accounts Payable	Other Stockholder Equity	Total Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Retained Earnings		0.0	-0.9	-0.01	-0.05	-0.81	-0.3	-0.8	-0.68	-0.95	-0.67	-0.52	-0.66	-0.59	-0.36	-0.06	-0.66	-0.14	-0.06	-0.63	-0.53	-0.75	-0.09	-0.42	-0.61	-0.41
Common Stock Total Equity	0.0		-0.11	1.0	0.34	0.15	0.55	0.07	0.12	0.16	0.45	-0.09	0.51	0.1	-0.15	0.23	0.52	0.19	0.16	0.45	-0.07	0.02	0.97	0.18	0.33	-0.16
Common Stock Shares Outstanding	-0.9	-0.11		-0.1	-0.16	0.77	0.14	0.85	0.71	0.84	0.6	0.66	0.56	0.57	0.43	0.03	0.49	0.16	0.01	0.63	0.7	0.84	0.02	0.42	0.6	0.49
Common Stock	-0.01	1.0	-0.1		0.34	0.15	0.55	0.08	0.12	0.17	0.46	-0.08	0.52	0.1	-0.15	0.23	0.52	0.19	0.15	0.47	-0.06	0.02	0.97	0.19	0.34	-0.15
Other Current Liab	-0.05	0.34	-0.16	0.34		0.11	0.77	-0.15	0.19	0.32	0.51	-0.69	0.51	-0.03	-0.75	0.53	0.5	0.31	0.61	0.19	-0.54	-0.01	0.37	-0.12	0.4	-0.65
Total Current Liabilities	-0.81	0.15	0.77	0.15	0.11		0.31	0.93	0.9	0.81	0.78	0.45	0.66	0.89	0.13	0.4	0.61	0.44	0.35	0.71	0.51	0.89	0.22	0.28	0.81	0.26
Total Stockholder Equity	-0.3	0.55	0.14	0.55	0.77	0.31		0.11	0.44	0.55	0.81	-0.39	0.81	0.08	-0.46	0.47	0.84	0.55	0.48	0.59	-0.25	0.3	0.62	0.31	0.68	-0.43
Total Liab	-0.8	0.07	0.85	0.08	-0.15	0.93	0.11		0.87	0.74	0.67	0.71	0.59	0.83	0.38	0.23	0.51	0.33	0.16	0.69	0.79	0.9	0.18	0.34	0.71	0.38
Accounts Payable	-0.68	0.12	0.71	0.12	0.19	0.9	0.44	0.87		0.73	0.84	0.37	0.73	0.74	0.02	0.54	0.65	0.67	0.47	0.71	0.54	0.92	0.24	0.36	0.91	0.02
Other Stockholder Equity	-0.95	0.16	0.84	0.17	0.32	0.81	0.55	0.74	0.73		0.84	0.32	0.83	0.55	0.12	0.23	0.81	0.29	0.23	0.71	0.38	0.75	0.27	0.35	0.73	0.23
Total Assets	-0.67	0.45	0.6	0.46	0.51	0.78	0.81	0.67	0.84	0.84		0.1	0.95	0.54	-0.15	0.5	0.92	0.61	0.47	0.83	0.26	0.75	0.57	0.39	0.92	-0.11
Short Long Term Debt Total	-0.52	-0.09	0.66	-0.08	-0.69	0.45	-0.39	0.71	0.37	0.32	0.1		0.15	0.36	0.89	-0.41	0.11	-0.15	-0.5	0.38	0.91	0.49	-0.02	0.39	0.11	0.77
Property Plant And Equipment Net	-0.66	0.51	0.56	0.52	0.51	0.66	0.81	0.59	0.73	0.83	0.95	0.15		0.37	-0.04	0.31	0.97	0.49	0.26	0.83	0.27	0.62	0.65	0.36	0.78	-0.03
Current Deferred Revenue	-0.59	0.1	0.57	0.1	-0.03	0.89	0.08	0.83	0.74	0.55	0.54	0.36	0.37		0.03	0.5	0.3	0.34	0.45	0.49	0.46	0.76	0.13	0.1	0.69	0.1
Net Debt	-0.36	-0.15	0.43	-0.15	-0.75	0.13	-0.46	0.38	0.02	0.12	-0.15	0.89	-0.04	0.03		-0.75	-0.02	-0.39	-0.79	0.22	0.71	0.19	-0.12	0.46	-0.19	0.81
Cash	-0.06	0.23	0.03	0.23	0.53	0.4	0.47	0.23	0.54	0.23	0.5	-0.41	0.31	0.5	-0.75		0.25	0.66	0.97	0.13	-0.14	0.35	0.24	-0.15	0.64	-0.65
Non Current Assets Total	-0.66	0.52	0.49	0.52	0.5	0.61	0.84	0.51	0.65	0.81	0.92	0.11	0.97	0.3	-0.02	0.25		0.46	0.2	0.79	0.17	0.53	0.63	0.41	0.72	0.02
Non Currrent Assets Other	-0.14	0.19	0.16	0.19	0.31	0.44	0.55	0.33	0.67	0.29	0.61	-0.15	0.49	0.34	-0.39	0.66	0.46		0.55	0.42	0.03	0.5	0.27	0.17	0.67	-0.31
Cash And Short Term Investments	-0.06	0.16	0.01	0.15	0.61	0.35	0.48	0.16	0.47	0.23	0.47	-0.5	0.26	0.45	-0.79	0.97	0.2	0.55		0.08	-0.21	0.34	0.15	-0.18	0.62	-0.71
Net Receivables	-0.63	0.45	0.63	0.47	0.19	0.71	0.59	0.69	0.71	0.71	0.83	0.38	0.83	0.49	0.22	0.13	0.79	0.42	0.08		0.43	0.7	0.58	0.67	0.77	0.19
Non Current Liabilities Total	-0.53	-0.07	0.7	-0.06	-0.54	0.51	-0.25	0.79	0.54	0.38	0.26	0.91	0.27	0.46	0.71	-0.14	0.17	0.03	-0.21	0.43		0.63	0.04	0.38	0.33	0.46
Inventory	-0.75	0.02	0.84	0.02	-0.01	0.89	0.3	0.9	0.92	0.75	0.75	0.49	0.62	0.76	0.19	0.35	0.53	0.5	0.34	0.7	0.63		0.12	0.4	0.86	0.2
Other Current Assets	-0.09	0.97	0.02	0.97	0.37	0.22	0.62	0.18	0.24	0.27	0.57	-0.02	0.65	0.13	-0.12	0.24	0.63	0.27	0.15	0.58	0.04	0.12		0.25	0.43	-0.15
Property Plant And Equipment Gross	-0.42	0.18	0.42	0.19	-0.12	0.28	0.31	0.34	0.36	0.35	0.39	0.39	0.36	0.1	0.46	-0.15	0.41	0.17	-0.18	0.67	0.38	0.4	0.25		0.44	0.21
Total Current Assets	-0.61	0.33	0.6	0.34	0.4	0.81	0.68	0.71	0.91	0.73	0.92	0.11	0.78	0.69	-0.19	0.64	0.72	0.67	0.62	0.77	0.33	0.86	0.43	0.44		-0.22
Short Term Debt	-0.41	-0.16	0.49	-0.15	-0.65	0.26	-0.43	0.38	0.02	0.23	-0.11	0.77	-0.03	0.1	0.81	-0.65	0.02	-0.31	-0.71	0.19	0.46	0.2	-0.15	0.21	-0.22

Click cells to compare fundamentals

Broadwind Energy Account Relationship Matchups

Broadwind Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Retained Earnings	(340.8M)	(342.3M)	(339.4M)	(349.1M)	(341.5M)	(324.4M)
Common Stock Shares Outstanding	16.1M	16.7M	19.4M	20.3M	21.5M	13.8M
Other Current Liab	4.9M	3.0M	(182K)	380K	1.9M	1.8M
Total Current Liabilities	64.3M	48.0M	42.7M	70.2M	53.6M	41.5M
Total Stockholder Equity	40.8M	40.7M	54.1M	46.3M	56.0M	70.9M
Total Liab	82.1M	79.0M	63.9M	98.3M	79.1M	53.4M
Accounts Payable	21.9M	18.2M	16.5M	26.3M	20.7M	16.3M
Other Stockholder Equity	381.5M	382.9M	393.5M	395.4M	397.5M	332.6M
Total Assets	122.9M	119.7M	118.0M	144.5M	135.2M	114.2M
Short Long Term Debt Total	32.6M	35.6M	31.5M	33.1M	35.4M	23.2M
Property Plant And Equipment Net	62.9M	64.5M	61.7M	61.7M	62.7M	53.7M
Current Deferred Revenue	22.7M	18.8M	12.1M	34.6M	16.5M	15.0M
Net Debt	30.1M	32.2M	30.7M	20.4M	34.3M	36.0M
Cash	2.4M	3.4M	852K	12.7M	1.1M	1.0M
Non Current Assets Total	68.2M	69.1M	65.7M	65.3M	65.4M	70.7M
Non Currrent Assets Other	314K	385K	585K	839K	630K	563.1K
Cash And Short Term Investments	2.4M	3.4M	852K	12.7M	1.1M	1.0M
Net Receivables	18.3M	17.6M	15.4M	19.0M	27.7M	19.0M
Liabilities And Stockholders Equity	122.9M	119.7M	118.0M	144.5M	135.2M	114.2M
Non Current Liabilities Total	17.8M	31.1M	21.2M	28.1M	25.5M	14.9M
Inventory	31.9M	26.7M	33.4M	44.3M	37.4M	26.7M
Other Current Assets	2.1M	2.9M	2.7M	3.3M	3.5M	2.7M
Property Plant And Equipment Gross	62.9M	64.5M	61.7M	61.7M	182.8M	191.9M
Total Current Assets	54.7M	50.6M	52.3M	79.3M	69.7M	59.8M
Short Term Debt	14.8M	7.9M	14.3M	9.0M	13.9M	7.8M
Other Assets	314K	19.7M	585K	839K	964.9K	916.6K
Long Term Debt	505K	9.4M	177K	7.1M	6.3M	5.5M
Property Plant Equipment	46.9M	45.2M	61.7M	45.3M	40.8M	54.5M
Other Liab	44K	104K	167K	26K	23.4K	22.2K
Intangible Assets	4.9M	4.2M	3.5M	2.7M	2.1M	2.0M
Net Tangible Assets	35.8M	40.7M	50.7M	43.5M	39.2M	50.1M
Retained Earnings Total Equity	(336.3M)	(340.8M)	(342.3M)	(349.1M)	(314.2M)	(329.9M)
Long Term Debt Total	2.0M	505K	9.4M	7.1M	8.2M	4.4M
Capital Surpluse	381.4M	383.4M	384.7M	397.2M	456.8M	418.4M
Capital Lease Obligations	19.1M	24.8M	24.7M	24.8M	23.3M	12.2M

Pair Trading with Broadwind Energy

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 Broadwind Energy 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 Broadwind Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Broadwind Stock

0.84	AME	Ametek Inc	Pair Corr
0.79	EMR	Emerson Electric	Pair Corr
0.75	CR	Crane Company	Pair Corr
0.74	PH	Parker Hannifin	Pair Corr
0.73	CMI	Cummins	Pair Corr

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

The correlation of Broadwind Energy 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 Broadwind Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadwind Energy 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 Broadwind Energy 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

When determining whether Broadwind Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadwind Energy'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 Broadwind Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadwind Energy Stock:

How To Invest In Broadwind

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Is Broadwind Stock a good investment?

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What is Broadwind Energy's Net Worth?

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Largest Specialty Industrial Machinery Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. 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 Broadwind Stock, please use our How to Invest in Broadwind Energy guide.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Is Heavy Electrical 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 Broadwind Energy. If investors know Broadwind 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 Broadwind Energy 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

16.667

Earnings Share

0.14

Revenue Per Share

8.255

Quarterly Revenue Growth

(0.35)

Return On Assets

0.0491

The market value of Broadwind Energy is measured differently than its book value, which is the value of Broadwind that is recorded on the company's balance sheet. Investors also form their own opinion of Broadwind Energy's value that differs from its market value or its book value, called intrinsic value, which is Broadwind Energy'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 Broadwind Energy's market value can be influenced by many factors that don't directly affect Broadwind Energy'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 Broadwind Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadwind Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadwind Energy'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.

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Broadwind Capex To Revenue vs Average Inventory Analysis

Capex To Revenue vs Average Inventory

Capex To Revenue vs Average Inventory Correlation Analysis

Correlation Coefficient

Capex To Revenue

Average Inventory

Broadwind Energy fundamental ratios Correlations

Broadwind Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Broadwind Energy fundamental ratios Accounts

Pair Trading with Broadwind Energy

Moving against Broadwind Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Other Current Assets	+ 0.97	Common Stock Total Equity
Other Current Assets	+ 0.97	Common Stock
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.97	Cash
Property Plant And Equipment Net	+ 0.95	Total Assets

Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Total Current Liabilities	- 0.81	Retained Earnings
Total Liab	- 0.8	Retained Earnings
Cash And Short Term Investments	- 0.79	Net Debt
Cash	- 0.75	Net Debt