Broadway Asset Turnover vs Total Assets Analysis
BYFC Stock | USD 7.09 0.23 3.35% |
Broadway Financial financial indicator trend analysis is way more than just evaluating Broadway Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadway Financial is a good investment. Please check the relationship between Broadway Financial Asset Turnover and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadway Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.
Asset Turnover vs Total Assets
Asset Turnover vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadway Financial Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Broadway Financial's Asset Turnover and Total Assets is -0.35. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Broadway Financial, assuming nothing else is changed. The correlation between historical values of Broadway Financial's Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Broadway Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Broadway Financial's Asset Turnover and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Assets
Total assets refers to the total amount of Broadway Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Broadway Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Broadway Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadway Financial 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 Broadway Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.At present, Broadway Financial's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 39.81, whereas Selling General Administrative is forecasted to decline to about 8.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 3.4M | 17.8M | 18.7M | Depreciation And Amortization | 680K | 811K | 775K | 435.2K |
Broadway Financial fundamental ratios Correlations
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Broadway Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Broadway Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 440.4M | 483.4M | 1.1B | 1.2B | 1.4B | 1.4B | |
Total Stockholder Equity | 48.8M | 48.9M | 141M | 279.5M | 281.9M | 296.0M | |
Property Plant And Equipment Net | 2.8M | 2.5M | 10.3M | 10.3M | 9.8M | 5.4M | |
Net Debt | 72.8M | 17.7M | (131.6M) | 126.2M | 218.1M | 229.0M | |
Retained Earnings | 8.4M | 7.8M | 3.7M | 9.3M | 12.6M | 13.2M | |
Cash | 15.6M | 96.1M | 231.5M | 16.1M | 105.2M | 110.5M | |
Non Current Assets Total | 14.0M | 13.3M | 195.7M | 367.4M | 1.6B | 1.7B | |
Non Currrent Assets Other | (14.0M) | (13.3M) | (6.1M) | (11.9M) | (354.8M) | (337.0M) | |
Other Assets | 398.6M | 362.1M | 506.5M | 468.2M | (539.1M) | (512.1M) | |
Cash And Short Term Investments | 26.6M | 106.8M | 387.9M | 16.1M | 322.4M | 338.5M | |
Net Receivables | 1.2M | 1.2M | 3.4M | 4.0M | 4.9M | 5.2M | |
Common Stock Shares Outstanding | 3.4M | 3.4M | 7.5M | 9.1M | 8.7M | 8.5M | |
Liabilities And Stockholders Equity | 440.4M | 483.4M | 1.1B | 1.2B | 1.4B | 1.4B | |
Other Stockholder Equity | 40.1M | 40.6M | 134.1M | 136.9M | 132.8M | 139.4M | |
Total Liab | 88.3M | 113.8M | 100.0M | 904.8M | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 2.8M | 6.3M | 14.4M | 14.7M | 14.7M | 15.5M | |
Total Current Assets | 27.8M | 108.0M | 391.3M | 348.8M | 327.3M | 343.7M | |
Short Long Term Debt Total | 88.3M | 113.8M | 100.0M | 173.2M | 323.3M | 339.5M | |
Other Current Liab | 228.9M | 236.0M | 515.4M | 608.1M | 597.7M | 627.6M | |
Total Current Liabilities | 262.9M | 263.7M | 585.8M | 767.3M | 848.1M | 890.5M | |
Short Term Debt | 34.1M | 27.7M | 70.3M | 159.2M | 250.4M | 262.9M | |
Accumulated Other Comprehensive Income | (23K) | 164K | (551K) | (17.5M) | (13.5M) | (12.8M) | |
Other Liab | 1.0M | 787K | 12.9M | 12.1M | 13.9M | 14.6M | |
Accounts Payable | 4.4M | 315.6M | 788.1M | 11.9M | 10.7M | 10.2M | |
Long Term Debt | 4.3M | 113.8M | 14M | 142.3M | 323.3M | 339.5M | |
Common Stock Total Equity | 305K | 219K | 744K | 761K | 875.2K | 918.9K | |
Short Term Investments | 11.0M | 10.7M | 156.4M | 328.7M | 317.0M | 564.1M | |
Inventory | (16.8M) | (97.3M) | (234.9M) | 308.7M | (327.3M) | (311.0M) | |
Common Stock | 305K | 306K | 744K | 761K | 93K | 88.4K | |
Property Plant Equipment | 2.8M | 2.5M | 10.3M | 10.3M | 9.3M | 9.7M | |
Other Current Assets | 16.8M | 97.3M | 234.9M | 20.1M | 110.1M | 104.6M | |
Non Current Liabilities Total | 88.3M | 113.8M | 100.0M | 904.8M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 8.4M | 7.8M | 3.7M | 9.3M | 10.7M | 11.2M | |
Net Tangible Assets | 48.8M | 48.9M | 141M | 101.1M | 116.3M | 60.5M |
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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 Broadway Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadway Financial'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 Broadway Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadway Financial Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadway Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional Banks 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 Broadway Financial. If investors know Broadway 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 Broadway Financial 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 0.09 | Earnings Share 0.28 | Revenue Per Share 3.814 | Quarterly Revenue Growth 0.175 | Return On Assets 0.0025 |
The market value of Broadway Financial is measured differently than its book value, which is the value of Broadway that is recorded on the company's balance sheet. Investors also form their own opinion of Broadway Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadway Financial'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 Broadway Financial's market value can be influenced by many factors that don't directly affect Broadway Financial'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 Broadway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadway Financial'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.