RILYZ Good Will vs Net Debt Analysis

RILYZ Stock  USD 10.14  0.42  4.32%   
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 Good Will and its Net Debt 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.

Good Will vs Net Debt

Good Will vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B Riley Financial Good Will account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between B Riley's Good Will and Net Debt is 0.95. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Debt 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 Good Will 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 Good Will of B Riley Financial 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 Good Will i.e., B Riley's Good Will and Net Debt go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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 Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 41.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.44 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense92.5M141.2M187.0M196.4M
Depreciation And Amortization1.0B1.0B49.6M47.1M

B Riley fundamental ratios Correlations

0.240.730.690.99-0.270.930.75-0.340.930.660.990.630.91.00.96-0.150.990.960.780.950.73-0.010.950.68-0.49
0.240.390.140.34-0.040.050.35-0.160.05-0.030.210.150.120.240.20.320.230.390.140.260.4-0.540.370.60.05
0.730.390.80.70.320.770.980.290.770.650.640.920.530.690.81-0.050.720.650.240.650.270.150.70.48-0.25
0.690.140.80.630.40.70.850.30.70.770.610.820.60.640.77-0.170.660.620.370.590.140.180.650.16-0.21
0.990.340.70.63-0.320.870.71-0.420.870.590.990.570.870.990.94-0.070.990.980.820.950.78-0.10.960.74-0.48
-0.27-0.040.320.4-0.32-0.170.30.87-0.170.1-0.390.51-0.46-0.34-0.050.13-0.31-0.36-0.55-0.42-0.780.13-0.31-0.580.26
0.930.050.770.70.87-0.170.78-0.161.00.790.910.680.850.920.92-0.350.930.840.620.890.580.240.860.55-0.55
0.750.350.980.850.710.30.780.310.780.70.660.890.590.710.8-0.070.740.680.270.680.290.220.720.48-0.24
-0.34-0.160.290.3-0.420.87-0.160.31-0.160.14-0.450.43-0.41-0.4-0.170.02-0.37-0.44-0.68-0.42-0.740.41-0.36-0.520.3
0.930.050.770.70.87-0.171.00.78-0.160.790.910.680.850.920.92-0.350.930.840.620.890.580.240.860.55-0.55
0.66-0.030.650.770.590.10.790.70.140.790.620.580.610.640.67-0.580.660.630.480.680.280.430.70.17-0.56
0.990.210.640.610.99-0.390.910.66-0.450.910.620.520.911.00.93-0.150.990.970.840.960.79-0.030.950.7-0.51
0.630.150.920.820.570.510.680.890.430.680.580.520.420.570.79-0.010.590.480.090.450.020.080.510.19-0.17
0.90.120.530.60.87-0.460.850.59-0.410.850.610.910.420.910.81-0.290.890.860.730.890.780.050.860.65-0.4
1.00.240.690.640.99-0.340.920.71-0.40.920.641.00.570.910.94-0.151.00.970.810.960.77-0.020.950.7-0.51
0.960.20.810.770.94-0.050.920.8-0.170.920.670.930.790.810.94-0.120.940.880.660.850.55-0.060.870.53-0.46
-0.150.32-0.05-0.17-0.070.13-0.35-0.070.02-0.35-0.58-0.15-0.01-0.29-0.15-0.12-0.15-0.11-0.15-0.23-0.13-0.41-0.160.10.55
0.990.230.720.660.99-0.310.930.74-0.370.930.660.990.590.891.00.94-0.150.970.80.970.750.040.960.71-0.5
0.960.390.650.620.98-0.360.840.68-0.440.840.630.970.480.860.970.88-0.110.970.870.970.81-0.080.990.73-0.5
0.780.140.240.370.82-0.550.620.27-0.680.620.480.840.090.730.810.66-0.150.80.870.850.77-0.080.840.53-0.53
0.950.260.650.590.95-0.420.890.68-0.420.890.680.960.450.890.960.85-0.230.970.970.850.820.130.980.75-0.54
0.730.40.270.140.78-0.780.580.29-0.740.580.280.790.020.780.770.55-0.130.750.810.770.82-0.170.770.87-0.43
-0.01-0.540.150.18-0.10.130.240.220.410.240.43-0.030.080.05-0.02-0.06-0.410.04-0.08-0.080.13-0.170.03-0.12-0.11
0.950.370.70.650.96-0.310.860.72-0.360.860.70.950.510.860.950.87-0.160.960.990.840.980.770.030.71-0.51
0.680.60.480.160.74-0.580.550.48-0.520.550.170.70.190.650.70.530.10.710.730.530.750.87-0.120.71-0.22
-0.490.05-0.25-0.21-0.480.26-0.55-0.240.3-0.55-0.56-0.51-0.17-0.4-0.51-0.460.55-0.5-0.5-0.53-0.54-0.43-0.11-0.51-0.22
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B Riley Account Relationship Matchups

B Riley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.7B5.9B6.1B6.1B6.4B
Other Current Liab41.8M66.6M(60.2M)338.1M(14.8M)(14.0M)
Total Current Liabilities204.1M253.9M569.0M639.0M116.1M151.3M
Total Stockholder Equity360.7M512.6M661.3M446.5M291.1M239.1M
Net Debt762.7M957.5M1.8B2.3B2.2B2.3B
Retained Earnings39.5M203.1M248.9M(45.2M)(281.3M)(267.2M)
Cash104.3M103.6M278.9M268.6M232.0M243.6M
Non Current Assets Total1.8B2.0B4.2B4.9B1.0B1.2B
Cash And Short Term Investments104.3M103.6M278.9M268.6M232.0M243.6M
Common Stock Shares Outstanding27.5M26.5M29.0M28.2M29.3M15.8M
Liabilities And Stockholders Equity2.3B2.7B5.9B6.1B6.1B6.4B
Non Current Liabilities Total1.7B1.9B4.2B4.8B5.6B5.9B
Other Current Assets81.8M87.3M360.9M194.4M26.7M25.4M
Other Stockholder Equity283.6M107.2M413.5M494.2M572.2M600.8M
Total Liab1.9B2.1B4.8B5.4B5.7B6.0B
Total Current Assets516.0M637.6M1.7B1.2B1.1B1.2B
Short Long Term Debt Total896.1M1.1B2.1B2.5B2.5B2.6B
Property Plant And Equipment Net60.5M60.5M69.8M115.7M112.8M118.5M
Net Receivables302.1M445.3M121.9M265.3M751.8M789.4M
Good Will223.7M227.0M250.6M512.6M472.3M495.9M
Inventory27.8M1.4M927K101.7M110.5M116.0M
Accumulated Other Comprehensive Income(2.0M)(823K)(1.1M)(2.5M)229K240.5K
Short Term Debt90.6M115.9M357K127.7M8.6M8.2M
Intangible Assets220.5M190.7M207.7M374.1M322.0M338.1M
Accounts Payable4.5M2.7M6.3M81.4M44.6M46.8M
Current Deferred Revenue67.1M68.7M69.5M85.4M71.5M45.4M
Other Assets1.5B1.9B3.1M3.3M3.9B4.1B
Short Term Investments451.6M777.3M1.5B1.1B1.1B603.5M
Property Plant Equipment15.5M60.5M11.7M12.9M14.8M16.5M
Capital Surpluse258.6M323.1M310.3M413.5M475.5M286.6M
Long Term Debt540.5M805.4M983.0M2.0B2.2B2.4B
Long Term Debt Total540.5M805.4M983.0M2.0B2.2B2.4B

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