RILYM Intangible Assets vs Good Will Analysis
RILYM Stock | USD 23.40 0.56 2.45% |
B Riley financial indicator trend analysis is way more than just evaluating B Riley Financial, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B Riley Financial, is a good investment. Please check the relationship between B Riley Intangible Assets and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley 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 manufacturing.
Intangible Assets vs Good Will
Intangible Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B Riley Financial, Intangible Assets account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between B Riley's Intangible Assets and Good Will is 0.98. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of B Riley Financial,, assuming nothing else is changed. The correlation between historical values of B Riley's Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of B Riley Financial, are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., B Riley's Intangible Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from B Riley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B Riley 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley 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 manufacturing. At this time, B Riley's Tax Provision is very stable compared to the past year. As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Enterprise Value Over EBITDA is likely to drop 143.55.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 606.5M | 1.4B | 1.5B | Total Revenue | 1.7B | 934.0M | 1.3B | 1.4B |
B Riley fundamental ratios Correlations
Click cells to compare fundamentals
B Riley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
B Riley fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.7B | 5.9B | 6.1B | 6.1B | 6.4B | |
Other Current Liab | 41.8M | 66.6M | 148.4M | 85.4M | (147.9M) | (140.5M) | |
Total Current Liabilities | 204.1M | 253.9M | 224.3M | 180.6M | 116.1M | 99.4M | |
Total Stockholder Equity | 360.7M | 512.6M | 661.3M | 446.5M | 291.1M | 239.1M | |
Net Debt | 762.7M | 957.5M | (268.5M) | (68.4M) | 2.0B | 2.1B | |
Retained Earnings | 39.5M | 203.1M | 248.9M | (45.2M) | (281.3M) | (267.2M) | |
Cash | 104.3M | 103.6M | 2.4B | 2.6B | 232.0M | 389.1M | |
Non Current Assets Total | 1.8B | 2.0B | 5.6B | 5.8B | 5.8B | 6.1B | |
Cash And Short Term Investments | 104.3M | 103.6M | 3.9B | 3.7B | 232.0M | 220.4M | |
Common Stock Shares Outstanding | 27.5M | 26.5M | 29.0M | 28.2M | 29.3M | 15.8M | |
Liabilities And Stockholders Equity | 2.3B | 2.7B | 5.9B | 6.1B | 6.1B | 6.4B | |
Non Current Liabilities Total | 1.7B | 1.9B | 4.6B | 5.2B | 5.6B | 5.9B | |
Other Current Assets | 81.8M | 87.3M | (4.0B) | (4.0B) | (4.4B) | (4.2B) | |
Other Stockholder Equity | 283.6M | 107.2M | 413.5M | 494.2M | 572.2M | 600.8M | |
Total Liab | 1.9B | 2.1B | 4.8B | 5.4B | 5.7B | 6.0B | |
Total Current Assets | 516.0M | 637.6M | 278.9M | 268.6M | 347.5M | 209.0M | |
Short Long Term Debt Total | 896.1M | 1.1B | 2.1B | 2.5B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 60.5M | 60.5M | 69.8M | 115.7M | 112.8M | 118.5M | |
Net Receivables | 302.1M | 445.3M | 121.9M | 265.3M | 115.5M | 112.7M | |
Good Will | 223.7M | 227.0M | 250.6M | 512.6M | 472.3M | 495.9M | |
Inventory | 27.8M | 1.4M | 4.0M | 101.7M | 110.5M | 116.0M | |
Accumulated Other Comprehensive Income | (2.0M) | (823K) | (1.1M) | (2.5M) | 229K | 240.5K | |
Short Term Debt | 90.6M | 115.9M | 357K | 45.1M | 184.1M | 93.8M | |
Intangible Assets | 220.5M | 190.7M | 207.7M | 374.1M | 322.0M | 338.1M | |
Current Deferred Revenue | 67.1M | 68.7M | 69.5M | 85.4M | 71.5M | 45.4M | |
Accounts Payable | 4.5M | 2.7M | 6.3M | 81.4M | 264.0M | 277.2M | |
Short Term Investments | 451.6M | 777.3M | 1.5B | 1.1B | 1.1B | 600.7M | |
Other Assets | 1.5B | 2.0B | (5.9B) | (6.1B) | (115.5M) | (121.3M) | |
Capital Surpluse | 260.0M | 258.6M | 323.1M | 310.3M | 356.9M | 258.5M | |
Property Plant Equipment | 12.0M | 15.5M | 60.5M | 11.7M | 13.4M | 19.5M | |
Long Term Debt | 203.6M | 540.5M | 805.4M | 983.0M | 1.1B | 1.2B | |
Long Term Debt Total | 203.6M | 540.5M | 805.4M | 983.0M | 1.1B | 1.2B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley 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 manufacturing. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Oil & Gas Exploration & Production 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 B Riley. If investors know RILYM 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 B Riley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of B Riley Financial, is measured differently than its book value, which is the value of RILYM that is recorded on the company's balance sheet. Investors also form their own opinion of B Riley's value that differs from its market value or its book value, called intrinsic value, which is B Riley'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 B Riley's market value can be influenced by many factors that don't directly affect B Riley'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 B Riley's value and its price as these two are different measures arrived at by different means. Investors typically determine if B Riley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B Riley'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.