Broadstone Net Leaseinc Stock Cash And Equivalents
| BNL Stock | USD 14.33 0.02 0.14% |
Broadstone Net LeaseInc fundamentals help investors to digest information that contributes to Broadstone Net's financial success or failures. It also enables traders to predict the movement of Broadstone Stock. The fundamental analysis module provides a way to measure Broadstone Net's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Broadstone Net stock.
Broadstone |
Broadstone Net LeaseInc Company Cash And Equivalents Analysis
Broadstone Net's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Broadstone Net Cash And Equivalents | 21.79 M |
Most of Broadstone Net's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Broadstone Net LeaseInc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Broadstone Net LeaseInc has 21.79 M in Cash And Equivalents. This is 92.22% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The cash and equivalents for all United States stocks is 99.19% higher than that of the company.
Broadstone Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Broadstone Net's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Broadstone Net could also be used in its relative valuation, which is a method of valuing Broadstone Net by comparing valuation metrics of similar companies.Broadstone Net is currently under evaluation in cash and equivalents category among related companies.
Broadstone Fundamentals
| Return On Equity | 0.0506 | ||||
| Return On Asset | 0.026 | ||||
| Profit Margin | 0.35 % | ||||
| Operating Margin | 0.48 % | ||||
| Current Valuation | 4.69 B | ||||
| Shares Outstanding | 188.37 M | ||||
| Shares Owned By Insiders | 0.97 % | ||||
| Shares Owned By Institutions | 85.70 % | ||||
| Number Of Shares Shorted | 2.96 M | ||||
| Price To Earning | 29.41 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 6.34 X | ||||
| Revenue | 442.89 M | ||||
| Gross Profit | 385.74 M | ||||
| EBITDA | 379.72 M | ||||
| Net Income | 163.31 M | ||||
| Cash And Equivalents | 21.79 M | ||||
| Cash Per Share | 0.25 X | ||||
| Total Debt | 1.91 B | ||||
| Debt To Equity | 0.62 % | ||||
| Current Ratio | 2.22 X | ||||
| Book Value Per Share | 16.25 X | ||||
| Cash Flow From Operations | 271.07 M | ||||
| Short Ratio | 2.08 X | ||||
| Earnings Per Share | 0.83 X | ||||
| Target Price | 18.0 | ||||
| Number Of Employees | 74 | ||||
| Beta | 1.11 | ||||
| Market Capitalization | 2.74 B | ||||
| Total Asset | 5.27 B | ||||
| Retained Earnings | (440.73 M) | ||||
| Working Capital | 63.6 M | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 5.27 B | ||||
| Last Dividend Paid | 1.12 |
About Broadstone Net Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Broadstone Net LeaseInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Broadstone Net using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Broadstone Net LeaseInc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Broadstone Net in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Broadstone Net's short interest history, or implied volatility extrapolated from Broadstone Net options trading.
Pair Trading with Broadstone Net
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 Broadstone Net 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 Broadstone Net will appreciate offsetting losses from the drop in the long position's value.Moving together with Broadstone Stock
| 0.72 | VICI | VICI Properties Earnings Call This Week | PairCorr |
| 0.77 | AAT | American Assets Trust | PairCorr |
| 0.82 | AHH | Armada Hflr Pr Financial Report 14th of May 2024 | PairCorr |
Moving against Broadstone Stock
| 0.48 | CTO | CTO Realty Growth | PairCorr |
| 0.47 | GOODN | Gladstone Commercial Corp | PairCorr |
| 0.43 | CTO-PA | CTO Realty Growth | PairCorr |
The ability to find closely correlated positions to Broadstone Net could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadstone Net 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 Broadstone Net - 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 Broadstone Net LeaseInc to buy it.
The correlation of Broadstone Net 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 Broadstone Net moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadstone Net LeaseInc 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 Broadstone Net 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.Check out Broadstone Net Piotroski F Score and Broadstone Net Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Broadstone Stock analysis
When running Broadstone Net's price analysis, check to measure Broadstone Net's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadstone Net is operating at the current time. Most of Broadstone Net's value examination focuses on studying past and present price action to predict the probability of Broadstone Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadstone Net's price. Additionally, you may evaluate how the addition of Broadstone Net to your portfolios can decrease your overall portfolio volatility.
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Is Broadstone Net's industry 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 Broadstone Net. If investors know Broadstone 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 Broadstone Net 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 Broadstone Net LeaseInc is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net'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 Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net'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 Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net'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.