Beyond, Net Income vs Reconciled Depreciation Analysis

BYON Stock   6.29  0.22  3.62%   
Beyond, financial indicator trend analysis is way more than just evaluating Beyond, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond, is a good investment. Please check the relationship between Beyond, Net Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Beyond, Stock, please use our How to Invest in Beyond, guide.

Net Income vs Reconciled Depreciation

Net Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond, Net Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Beyond,'s Net Income and Reconciled Depreciation is 0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Beyond,, assuming nothing else is changed. The correlation between historical values of Beyond,'s Net Income and Reconciled 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 Beyond, are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income i.e., Beyond,'s Net Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

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

Reconciled Depreciation

Most indicators from Beyond,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond, 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 Beyond,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Beyond, Stock, please use our How to Invest in Beyond, guide.At this time, Beyond,'s Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Tax Provision is likely to grow to about 43.8 M, while Enterprise Value Over EBITDA is likely to drop (4.09).
 2021 2022 2023 2024 (projected)
Interest Expense556K1.9M1.8M1.4M
Depreciation And Amortization23.5M22.0M19.4M20.6M

Beyond, fundamental ratios Correlations

0.92-0.910.950.950.880.940.650.520.70.59-0.170.510.940.330.360.74-0.570.370.670.77-0.06-0.44-0.410.30.76
0.92-0.90.870.880.780.840.510.350.430.35-0.040.320.90.260.120.64-0.560.170.790.53-0.17-0.28-0.30.320.54
-0.91-0.9-0.96-0.97-0.81-0.96-0.48-0.57-0.64-0.30.23-0.41-0.75-0.58-0.19-0.670.44-0.4-0.87-0.710.170.40.44-0.38-0.76
0.950.87-0.961.00.830.990.650.610.680.45-0.160.430.80.50.240.74-0.510.490.760.76-0.13-0.39-0.420.250.77
0.950.88-0.971.00.840.990.650.620.690.45-0.170.430.80.50.240.74-0.510.480.770.76-0.13-0.4-0.420.260.77
0.880.78-0.810.830.840.840.450.540.690.48-0.490.50.830.410.410.61-0.460.220.70.73-0.08-0.62-0.470.420.77
0.940.84-0.960.990.990.840.630.650.770.48-0.220.510.780.530.310.73-0.440.540.740.82-0.11-0.49-0.510.270.84
0.650.51-0.480.650.650.450.630.510.490.730.00.20.590.170.330.83-0.550.430.210.610.01-0.21-0.190.020.44
0.520.35-0.570.610.620.540.650.510.660.3-0.310.370.340.620.060.55-0.170.770.470.69-0.58-0.38-0.280.230.61
0.70.43-0.640.680.690.690.770.490.660.64-0.40.860.560.450.660.58-0.090.60.310.970.08-0.77-0.730.350.96
0.590.35-0.30.450.450.480.480.730.30.64-0.290.460.650.020.730.6-0.540.24-0.10.670.38-0.39-0.220.160.58
-0.17-0.040.23-0.16-0.17-0.49-0.220.0-0.31-0.4-0.29-0.14-0.12-0.6-0.47-0.230.270.12-0.25-0.4-0.210.390.11-0.65-0.45
0.510.32-0.410.430.430.50.510.20.370.860.46-0.140.470.110.60.320.20.410.110.790.08-0.79-0.810.290.77
0.940.9-0.750.80.80.830.780.590.340.560.65-0.120.470.10.380.65-0.640.140.520.630.0-0.36-0.290.30.6
0.330.26-0.580.50.50.410.530.170.620.450.02-0.60.110.10.090.5-0.220.390.60.52-0.17-0.15-0.180.630.52
0.360.12-0.190.240.240.410.310.330.060.660.73-0.470.60.380.090.39-0.07-0.01-0.120.650.63-0.65-0.530.270.63
0.740.64-0.670.740.740.610.730.830.550.580.6-0.230.320.650.50.39-0.560.30.450.74-0.02-0.27-0.290.480.58
-0.57-0.560.44-0.51-0.51-0.46-0.44-0.55-0.17-0.09-0.540.270.2-0.64-0.22-0.07-0.560.09-0.3-0.22-0.1-0.27-0.42-0.3-0.16
0.370.17-0.40.490.480.220.540.430.770.60.240.120.410.140.39-0.010.30.090.20.56-0.4-0.29-0.38-0.140.54
0.670.79-0.870.760.770.70.740.210.470.31-0.1-0.250.110.520.6-0.120.45-0.30.20.39-0.38-0.26-0.290.370.46
0.770.53-0.710.760.760.730.820.610.690.970.67-0.40.790.630.520.650.74-0.220.560.390.05-0.71-0.680.440.94
-0.06-0.170.17-0.13-0.13-0.08-0.110.01-0.580.080.38-0.210.080.0-0.170.63-0.02-0.1-0.4-0.380.05-0.1-0.120.020.09
-0.44-0.280.4-0.39-0.4-0.62-0.49-0.21-0.38-0.77-0.390.39-0.79-0.36-0.15-0.65-0.27-0.27-0.29-0.26-0.71-0.10.9-0.21-0.76
-0.41-0.30.44-0.42-0.42-0.47-0.51-0.19-0.28-0.73-0.220.11-0.81-0.29-0.18-0.53-0.29-0.42-0.38-0.29-0.68-0.120.9-0.15-0.71
0.30.32-0.380.250.260.420.270.020.230.350.16-0.650.290.30.630.270.48-0.3-0.140.370.440.02-0.21-0.150.38
0.760.54-0.760.770.770.770.840.440.610.960.58-0.450.770.60.520.630.58-0.160.540.460.940.09-0.76-0.710.38
Click cells to compare fundamentals

Beyond, Account Relationship Matchups

Beyond, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets417.7M830.2M1.1B878.5M635.8M399.3M
Total Stockholder Equity115.1M373.7M744.4M645.8M359.1M377.1M
Net Debt(84.1M)(435.7M)(452.0M)(328.8M)(298.9M)(283.9M)
Cash112.3M495.4M503.3M371.3M302.6M178.7M
Cash And Short Term Investments122.6M495.4M503.3M371.3M302.6M190.1M
Common Stock Shares Outstanding34.9M41.6M43.3M44.3M45.2M27.8M
Liabilities And Stockholders Equity417.7M830.2M1.1B878.5M635.8M399.3M
Total Current Assets177.4M582.7M551.8M414.5M350.1M251.8M
Short Long Term Debt Total28.2M59.7M51.3M42.5M3.8M3.6M
Other Current Liab76.5M140.5M70.9M47.5M62.8M46.4M
Total Current Liabilities216.0M327.6M272.3M191.1M232.4M188.3M
Property Plant And Equipment Net155.4M131.1M122.1M117.4M31.0M29.5M
Retained Earnings(580.4M)(525.2M)(136.6M)(173.8M)(481.7M)(457.6M)
Accounts Payable91.1M98.2M127.9M89.5M117.1M93.1M
Non Current Assets Total240.4M247.5M514.2M464.0M285.7M152.8M
Non Currrent Assets Other4.0M108.8M3.2M2.8M56.8M59.6M
Net Receivables24.7M22.9M21.2M17.7M19.4M18.3M
Non Current Liabilities Total23.9M66.3M49.2M41.6M44.3M31.4M
Inventory5.8M6.2M5.1M6.5M13.0M18.2M
Other Current Assets6.2M58.2M22.1M19.0M2.4M2.3M
Other Stockholder Equity(568K)899.5M881.5M820.2M841.3M883.4M
Total Liab239.9M393.9M321.6M232.7M276.7M231.5M
Accumulated Other Comprehensive Income(568K)(553K)(537K)(522K)(506K)(531.3K)
Short Term Debt6.6M5.2M5.4M4.4M2.8M2.7M
Short Term Investments(1K)2.4M10.3M1.8M1.6M1.5M
Intangible Assets13.4M11.8M14.0M6.2M25.3M26.5M
Current Deferred Revenue41.8M72.2M59.4M44.5M49.6M43.1M

Pair Trading with Beyond,

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 Beyond, 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 Beyond, will appreciate offsetting losses from the drop in the long position's value.

Moving against Beyond, Stock

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The ability to find closely correlated positions to Beyond, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond, 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 Beyond, - 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 Beyond, to buy it.
The correlation of Beyond, 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 Beyond, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond, 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 Beyond, 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 CorrelationCorrelation Matching
When determining whether Beyond, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beyond,'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 Beyond, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beyond, Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Beyond, Stock, please use our How to Invest in Beyond, guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Homefurnishing Retail 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 Beyond,. If investors know Beyond, 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 Beyond, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.44)
Revenue Per Share
32.363
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.22)
Return On Equity
(0.95)
The market value of Beyond, is measured differently than its book value, which is the value of Beyond, that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond,'s value that differs from its market value or its book value, called intrinsic value, which is Beyond,'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 Beyond,'s market value can be influenced by many factors that don't directly affect Beyond,'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 Beyond,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond,'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.