Broadway Net Income vs Depreciation Analysis

BYFC Stock  USD 7.04  0.14  2.03%   
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 Net Income and its Depreciation 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.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadway Financial Net Income account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Broadway Financial's Net Income and Depreciation is 0.02. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation 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 Net Income and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Broadway Financial are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Broadway Financial's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Broadway Financial financial statement analysis. It represents the amount of money remaining after all of Broadway Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of Broadway Financial value has been used up. For tax purposes Broadway Financial can deduct the cost of the tangible assets it purchases as business expenses. However, Broadway Financial must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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 Expense3.7M3.4M17.8M18.7M
Depreciation And Amortization680K811K775K435.2K

Broadway Financial fundamental ratios Correlations

0.970.850.430.560.660.870.76-0.480.810.98-0.230.960.830.970.950.890.930.950.90.870.170.80.95-0.27-0.45
0.970.80.550.610.490.880.77-0.540.680.97-0.190.940.90.930.910.890.930.930.940.82-0.010.830.94-0.16-0.32
0.850.80.10.350.640.580.42-0.160.660.83-0.320.860.590.90.910.580.780.820.660.840.420.480.79-0.16-0.19
0.430.550.10.26-0.270.690.72-0.680.080.490.030.290.760.280.180.750.330.440.670.34-0.720.730.38-0.22-0.13
0.560.610.350.260.340.550.51-0.370.430.53-0.040.560.460.510.510.490.690.690.550.18-0.020.650.610.08-0.34
0.660.490.64-0.270.340.460.4-0.170.920.6-0.30.680.240.720.770.430.620.580.430.590.760.360.64-0.15-0.69
0.870.880.580.690.550.460.98-0.840.750.92-0.210.770.90.790.740.960.760.820.940.77-0.120.930.81-0.07-0.62
0.760.770.420.720.510.40.98-0.910.710.81-0.180.630.820.660.60.930.640.720.870.65-0.170.910.7-0.06-0.71
-0.48-0.54-0.16-0.68-0.37-0.17-0.84-0.91-0.5-0.590.19-0.35-0.69-0.4-0.33-0.73-0.35-0.43-0.7-0.450.31-0.77-0.43-0.270.64
0.810.680.660.080.430.920.750.71-0.50.79-0.250.780.520.810.820.70.730.720.690.730.490.620.78-0.14-0.82
0.980.970.830.490.530.60.920.81-0.590.79-0.310.920.870.960.930.90.880.930.930.910.130.830.91-0.12-0.45
-0.23-0.19-0.320.03-0.04-0.3-0.21-0.180.19-0.25-0.31-0.1-0.2-0.36-0.29-0.18-0.06-0.25-0.16-0.44-0.38-0.15-0.01-0.310.08
0.960.940.860.290.560.680.770.63-0.350.780.92-0.10.740.950.970.770.970.890.850.790.220.670.99-0.23-0.38
0.830.90.590.760.460.240.90.82-0.690.520.87-0.20.740.760.710.90.710.770.880.76-0.290.860.76-0.11-0.27
0.970.930.90.280.510.720.790.66-0.40.810.96-0.360.950.760.990.80.90.920.840.890.340.720.9-0.15-0.39
0.950.910.910.180.510.770.740.6-0.330.820.93-0.290.970.710.990.730.920.890.80.860.380.650.92-0.16-0.38
0.890.890.580.750.490.430.960.93-0.730.70.9-0.180.770.90.80.730.780.840.940.75-0.150.930.82-0.3-0.54
0.930.930.780.330.690.620.760.64-0.350.730.88-0.060.970.710.90.920.780.90.870.690.140.720.97-0.26-0.37
0.950.930.820.440.690.580.820.72-0.430.720.93-0.250.890.770.920.890.840.90.850.770.180.830.89-0.24-0.39
0.90.940.660.670.550.430.940.87-0.70.690.93-0.160.850.880.840.80.940.870.850.78-0.120.880.89-0.14-0.45
0.870.820.840.340.180.590.770.65-0.450.730.91-0.440.790.760.890.860.750.690.770.780.260.620.74-0.12-0.34
0.17-0.010.42-0.72-0.020.76-0.12-0.170.310.490.13-0.380.22-0.290.340.38-0.150.140.18-0.120.26-0.170.110.04-0.29
0.80.830.480.730.650.360.930.91-0.770.620.83-0.150.670.860.720.650.930.720.830.880.62-0.170.72-0.15-0.51
0.950.940.790.380.610.640.810.7-0.430.780.91-0.010.990.760.90.920.820.970.890.890.740.110.72-0.27-0.45
-0.27-0.16-0.16-0.220.08-0.15-0.07-0.06-0.27-0.14-0.12-0.31-0.23-0.11-0.15-0.16-0.3-0.26-0.24-0.14-0.120.04-0.15-0.270.06
-0.45-0.32-0.19-0.13-0.34-0.69-0.62-0.710.64-0.82-0.450.08-0.38-0.27-0.39-0.38-0.54-0.37-0.39-0.45-0.34-0.29-0.51-0.450.06
Click cells to compare fundamentals

Broadway Financial Account Relationship Matchups

Broadway Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets440.4M483.4M1.1B1.2B1.4B1.4B
Total Stockholder Equity48.8M48.9M141M279.5M281.9M296.0M
Property Plant And Equipment Net2.8M2.5M10.3M10.3M9.8M5.4M
Net Debt72.8M17.7M(131.6M)126.2M218.1M229.0M
Retained Earnings8.4M7.8M3.7M9.3M12.6M13.2M
Cash15.6M96.1M231.5M16.1M105.2M110.5M
Non Current Assets Total14.0M13.3M195.7M367.4M1.3B1.3B
Non Currrent Assets Other(14.0M)(13.3M)(6.1M)(11.9M)914.1M959.8M
Other Assets398.6M362.1M506.5M468.2M(220.8M)(209.7M)
Cash And Short Term Investments26.6M106.8M387.9M16.1M322.4M338.5M
Net Receivables1.2M1.2M3.4M4.0M4.9M5.2M
Common Stock Shares Outstanding3.4M3.4M7.5M9.1M8.7M8.5M
Liabilities And Stockholders Equity440.4M483.4M1.1B1.2B1.4B1.4B
Other Stockholder Equity40.1M40.6M134.1M136.9M132.8M139.4M
Total Liab88.3M113.8M100.0M904.8M1.1B1.1B
Property Plant And Equipment Gross2.8M6.3M14.4M14.7M14.7M15.5M
Total Current Assets27.8M108.0M391.3M348.8M327.3M343.7M
Short Long Term Debt Total88.3M113.8M100.0M173.2M323.3M339.5M
Other Current Liab228.9M236.0M515.4M608.1M597.7M627.6M
Total Current Liabilities262.9M263.7M585.8M767.3M848.1M890.5M
Short Term Debt34.1M27.7M70.3M159.2M250.4M262.9M
Accumulated Other Comprehensive Income(23K)164K(551K)(17.5M)(13.5M)(12.8M)
Other Liab1.0M787K12.9M12.1M13.9M14.6M
Accounts Payable4.4M315.6M788.1M11.9M10.7M10.2M
Long Term Debt4.3M113.8M14M142.3M323.3M339.5M
Common Stock Total Equity305K219K744K761K875.2K918.9K
Short Term Investments11.0M10.7M156.4M328.7M317.0M564.1M
Inventory(16.8M)(97.3M)(234.9M)308.7M(327.3M)(311.0M)
Common Stock305K306K744K761K93K88.4K
Property Plant Equipment2.8M2.5M10.3M10.3M9.3M9.7M
Other Current Assets16.8M97.3M234.9M20.1M110.1M104.6M
Non Current Liabilities Total88.3M113.8M100.0M904.8M1.1B1.1B
Retained Earnings Total Equity8.4M7.8M3.7M9.3M10.7M11.2M
Net Tangible Assets48.8M48.9M141M101.1M116.3M60.5M

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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.
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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.