Boyd Minority Interest vs Net Income Analysis
BYD Stock | USD 72.33 0.81 1.13% |
Boyd Gaming financial indicator trend analysis is way more than just evaluating Boyd Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boyd Gaming is a good investment. Please check the relationship between Boyd Gaming Minority Interest and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
Minority Interest vs Net Income
Minority Interest vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boyd Gaming Minority Interest account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Boyd Gaming's Minority Interest and Net Income is 0.12. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income in the same time period over historical financial statements of Boyd Gaming, assuming nothing else is changed. The correlation between historical values of Boyd Gaming's Minority Interest and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Boyd Gaming are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Minority Interest i.e., Boyd Gaming's Minority Interest and Net Income go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Boyd Gaming whose combined shares represent less than 50% of the total outstanding shares issued by Boyd Gaming have a minority interest in Boyd Gaming.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Boyd Gaming financial statement analysis. It represents the amount of money remaining after all of Boyd Gaming operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Boyd Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boyd Gaming 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 Boyd Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.At present, Boyd Gaming's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.13, whereas Selling General Administrative is forecasted to decline to about 334.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 199.4M | 151.2M | 171.2M | 170.1M | Depreciation And Amortization | 313.4M | 323.4M | 256.8M | 189.4M |
Boyd Gaming fundamental ratios Correlations
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Boyd Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boyd Gaming fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.7B | 6.6B | 6.2B | 6.3B | 6.3B | 4.2B | |
Short Long Term Debt Total | 4.7B | 4.8B | 3.9B | 3.9B | 3.7B | 2.8B | |
Other Current Liab | 328.4M | 289.9M | 312.7M | 323.1M | 328.5M | 179.9M | |
Total Current Liabilities | 556.9M | 524.0M | 557.0M | 586.1M | 596.3M | 378.5M | |
Total Stockholder Equity | 1.3B | 1.1B | 1.5B | 1.6B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 3.6B | 3.5B | 3.3B | 3.2B | 3.3B | 2.4B | |
Net Debt | 4.4B | 4.3B | 3.6B | 3.6B | 3.4B | 2.6B | |
Retained Earnings | 380.9M | 246.2M | 710.1M | 1.3B | 1.7B | 1.8B | |
Accounts Payable | 91.0M | 96.9M | 102.0M | 129.9M | 124.7M | 78.1M | |
Cash | 250.0M | 519.2M | 344.6M | 283.5M | 304.3M | 181.9M | |
Non Current Assets Total | 6.3B | 5.9B | 5.7B | 5.8B | 5.7B | 3.9B | |
Non Currrent Assets Other | 91.8M | 100.5M | 98.2M | (184.2M) | 55.2M | 52.4M | |
Cash And Short Term Investments | 250.0M | 519.2M | 344.6M | 283.5M | 308.6M | 182.1M | |
Net Receivables | 60.5M | 53.5M | 89.5M | 111.6M | 141.4M | 148.5M | |
Good Will | 1.1B | 1.1B | 971.3M | 1.0B | 947.3M | 554.6M | |
Common Stock Shares Outstanding | 113.9M | 113.5M | 114.1M | 109.0M | 101.4M | 94.5M | |
Liabilities And Stockholders Equity | 6.7B | 6.6B | 6.2B | 6.3B | 6.3B | 4.2B | |
Non Current Liabilities Total | 4.8B | 4.9B | 4.1B | 4.1B | 3.9B | 3.0B | |
Inventory | 22.1M | 22.6M | 20.1M | 22.2M | 20.7M | 14.5M | |
Other Current Assets | 46.5M | 55.0M | 53.7M | 61.0M | 58.6M | 43.2M | |
Other Stockholder Equity | 883.7M | 876.4M | 827.7M | 305.2M | (1.0) | (0.95) | |
Total Liab | 5.4B | 5.4B | 4.7B | 4.7B | 4.5B | 3.4B | |
Property Plant And Equipment Gross | 2.7B | 3.5B | 2.4B | 6.4B | 6.5B | 6.9B | |
Total Current Assets | 399.5M | 650.3M | 507.8M | 478.2M | 529.3M | 302.9M | |
Accumulated Other Comprehensive Income | (530K) | 150K | (180K) | (1.4M) | (1.1M) | (1.2M) | |
Short Term Debt | 114.7M | 121.2M | 126.6M | 133.1M | 143.1M | 150.3M | |
Intangible Assets | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | 759.6M | |
Other Liab | 248.8M | 195.4M | 322.5M | 370.8M | 426.4M | 447.7M | |
Other Assets | 76.2M | 1.0B | 98.2M | 147.4M | 3.4B | 3.6B | |
Long Term Debt | 3.7B | 3.9B | 3.0B | 3.0B | 2.9B | 3.1B | |
Property Plant Equipment | 2.7B | 2.5B | 3.3B | 2.4B | 2.8B | 2.9B | |
Current Deferred Revenue | 22.9M | 16.0M | 15.3M | 318.6M | 15.5M | 14.7M | |
Net Tangible Assets | (444.7M) | 2.0B | (837.3M) | 921.9M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 380.9M | 246.2M | 710.1M | 1.3B | 1.5B | 1.6B | |
Long Term Debt Total | 3.7B | 3.9B | 3.0B | 3.0B | 2.7B | 2.9B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Hotels, Restaurants & Leisure 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 Boyd Gaming. If investors know Boyd 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 Boyd Gaming 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 0.065 | Dividend Share 0.67 | Earnings Share 5.26 | Revenue Per Share 40.123 | Quarterly Revenue Growth 0.064 |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming'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 Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming'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 Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming'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.