Big Total Assets vs Net Debt Analysis

BYG Stock   992.00  17.00  1.74%   
Big Yellow financial indicator trend analysis is way more than just evaluating Big Yellow Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Yellow Group is a good investment. Please check the relationship between Big Yellow Total Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Yellow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Yellow Group Total Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Big Yellow's Total Assets and Net Debt is 0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Big Yellow Group, assuming nothing else is changed. The correlation between historical values of Big Yellow's Total Assets 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 Total Assets of Big Yellow Group 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 Total Assets i.e., Big Yellow's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Big Yellow 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 Big Yellow Group 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.

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 Big Yellow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Yellow Group 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 Big Yellow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 18.4 M, whereas Tax Provision is forecasted to decline to about 1 M.
 2022 2023 2024 2025 (projected)
Interest Expense19.7M22.9M26.4M27.7M
Depreciation And Amortization2.5M2.6M3.0M1.8M

Big Yellow fundamental ratios Correlations

0.710.990.391.0-0.360.71.0-0.430.11.00.350.10.640.790.73-0.27-0.430.960.7-0.23-0.04-0.120.730.31-0.5
0.710.750.580.66-0.071.00.670.030.340.7-0.150.340.930.90.98-0.09-0.040.531.0-0.050.33-0.60.930.7-0.25
0.990.750.430.98-0.330.750.98-0.390.110.990.290.110.670.810.77-0.27-0.370.930.75-0.23-0.01-0.180.750.36-0.49
0.390.580.430.360.220.60.370.210.020.39-0.090.020.640.550.43-0.230.250.270.59-0.180.1-0.410.640.45-0.14
1.00.660.980.36-0.390.661.0-0.470.061.00.390.060.60.770.69-0.28-0.460.980.66-0.25-0.1-0.060.690.26-0.53
-0.36-0.07-0.330.22-0.39-0.05-0.380.89-0.09-0.37-0.34-0.090.09-0.11-0.19-0.240.78-0.51-0.06-0.170.2-0.320.00.19-0.01
0.71.00.750.60.66-0.050.670.040.250.7-0.150.250.930.90.97-0.08-0.020.541.0-0.050.26-0.590.940.69-0.23
1.00.670.980.371.0-0.380.67-0.460.061.00.370.060.610.780.7-0.29-0.450.970.67-0.25-0.09-0.080.70.26-0.53
-0.430.03-0.390.21-0.470.890.04-0.46-0.04-0.43-0.4-0.040.18-0.15-0.070.110.89-0.590.040.120.38-0.570.060.390.35
0.10.340.110.020.06-0.090.250.06-0.040.09-0.161.00.280.210.35-0.06-0.20.010.32-0.040.83-0.240.230.25-0.16
1.00.70.990.391.0-0.370.71.0-0.430.090.360.090.630.790.72-0.27-0.430.970.7-0.23-0.06-0.110.720.31-0.51
0.35-0.150.29-0.090.39-0.34-0.150.37-0.4-0.160.36-0.16-0.080.07-0.10.11-0.260.51-0.140.06-0.110.360.05-0.050.07
0.10.340.110.020.06-0.090.250.06-0.041.00.09-0.160.280.210.35-0.06-0.20.010.32-0.040.83-0.240.230.25-0.16
0.640.930.670.640.60.090.930.610.180.280.63-0.080.280.90.88-0.170.140.470.93-0.150.34-0.670.980.73-0.2
0.790.90.810.550.77-0.110.90.78-0.150.210.790.070.210.90.89-0.31-0.20.690.9-0.260.1-0.330.950.53-0.47
0.730.980.770.430.69-0.190.970.7-0.070.350.72-0.10.350.880.89-0.02-0.150.580.980.010.32-0.540.90.67-0.23
-0.27-0.09-0.27-0.23-0.28-0.24-0.08-0.290.11-0.06-0.270.11-0.06-0.17-0.31-0.020.02-0.23-0.070.970.27-0.15-0.190.410.84
-0.43-0.04-0.370.25-0.460.78-0.02-0.450.89-0.2-0.43-0.26-0.20.14-0.2-0.150.02-0.56-0.03-0.040.22-0.510.030.240.42
0.960.530.930.270.98-0.510.540.97-0.590.010.970.510.010.470.690.58-0.23-0.560.53-0.2-0.170.090.590.15-0.49
0.71.00.750.590.66-0.061.00.670.040.320.7-0.140.320.930.90.98-0.07-0.030.53-0.040.32-0.60.940.71-0.23
-0.23-0.05-0.23-0.18-0.25-0.17-0.05-0.250.12-0.04-0.230.06-0.04-0.15-0.260.010.97-0.04-0.2-0.040.28-0.13-0.170.450.73
-0.040.33-0.010.1-0.10.20.26-0.090.380.83-0.06-0.110.830.340.10.320.270.22-0.170.320.28-0.520.260.560.26
-0.12-0.6-0.18-0.41-0.06-0.32-0.59-0.08-0.57-0.24-0.110.36-0.24-0.67-0.33-0.54-0.15-0.510.09-0.6-0.13-0.52-0.56-0.69-0.25
0.730.930.750.640.690.00.940.70.060.230.720.050.230.980.950.9-0.190.030.590.94-0.170.26-0.560.68-0.25
0.310.70.360.450.260.190.690.260.390.250.31-0.050.250.730.530.670.410.240.150.710.450.56-0.690.680.32
-0.5-0.25-0.49-0.14-0.53-0.01-0.23-0.530.35-0.16-0.510.07-0.16-0.2-0.47-0.230.840.42-0.49-0.230.730.26-0.25-0.250.32
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Big Yellow Account Relationship Matchups

Big Yellow fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.7B2.8B2.9B3.3B3.5B
Short Long Term Debt Total353.4M438.7M512.3M408.4M469.7M287.5M
Other Current Liab30.5M42.1M53.1M47.0M54.0M56.7M
Total Current Liabilities39.2M52.3M62.5M55.0M63.2M34.8M
Total Stockholder Equity1.5B2.2B2.2B2.4B2.8B3.0B
Property Plant And Equipment Net20.6M23.0M22.2M21.0M24.2M23.0M
Net Debt341.0M430.1M503.9M399.1M458.9M264.9M
Retained Earnings1.2B1.8B1.8B2.0B2.2B2.4B
Accounts Payable4.1M5.2M4.2M2.4M2.8M2.7M
Cash12.3M8.6M8.3M9.4M10.8M11.6M
Non Current Assets Total1.8B2.7B2.7B2.9B3.3B3.5B
Non Currrent Assets Other(1.8B)(2.7B)(2.7B)2.9B2.6B2.7B
Cash And Short Term Investments12.3M8.6M8.3M9.4M10.8M11.6M
Common Stock Shares Outstanding174.7M181.5M184.1M189.8M218.3M148.0M
Liabilities And Stockholders Equity1.8B2.7B2.8B2.9B3.3B3.5B
Non Current Liabilities Total349.2M433.7M507.1M404.7M465.4M285.0M
Inventory366K483K496K486K437.4K415.5K
Other Current Assets4.2M3.0M8.6M3.9M4.4M4.2M
Other Stockholder Equity191.2M288.9M289.8M396.7M456.2M479.0M
Total Liab388.4M486.0M569.5M459.6M528.6M313.9M
Property Plant And Equipment Gross20.6M24.5M23.9M22.9M20.6M19.6M
Total Current Assets20.5M16.8M17.5M20.0M23.0M27.2M
Common Stock17.6M18.4M18.4M19.6M22.6M14.5M
Long Term Debt332.6M415.0M489.4M386.4M444.3M284.5M
Short Term Debt4.6M5.0M5.2M5.6M6.4M7.3M
Net Receivables3.6M4.8M8.3M10.1M11.6M12.2M
Net Tangible Assets1.1B1.2B1.5B2.2B2.5B2.6B
Current Deferred Revenue1.0(5.0M)(5.2M)(11.1M)(12.8M)(13.4M)
Short Long Term Debt2.9M3.0M3.2M3.3M3.0M2.8M
Property Plant Equipment1.5B1.5B1.8B2.7B3.0B1.6B

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Other Information on Investing in Big Stock

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