Ballys Non Current Liabilities Total vs Other Liab Analysis

BALY Stock  USD 12.15  0.53  4.56%   
Ballys Corp financial indicator trend analysis is way more than just evaluating Ballys Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ballys Corp is a good investment. Please check the relationship between Ballys Corp Non Current Liabilities Total and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Non Current Liabilities Total vs Other Liab

Non Current Liabilities Total vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Non Current Liabilities Total account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ballys Corp's Non Current Liabilities Total and Other Liab is 0.79. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Ballys Corp, assuming nothing else is changed. The correlation between historical values of Ballys Corp's Non Current Liabilities Total and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ballys Corp are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Liabilities Total i.e., Ballys Corp's Non Current Liabilities Total and Other Liab go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Other Liab

Most indicators from Ballys Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ballys Corp 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 Ballys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.At this time, Ballys Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 1.2 B in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization144.8M300.6M350.4M367.9M
Interest Income2.3M1.1M1.3M1.0M

Ballys Corp fundamental ratios Correlations

0.980.980.820.82-0.830.970.99-0.910.910.861.00.680.430.860.890.990.851.00.920.60.921.00.910.930.92
0.980.990.70.72-0.860.980.98-0.940.830.840.980.640.310.840.780.960.820.990.880.740.830.990.830.860.83
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0.820.720.720.87-0.520.710.78-0.660.850.740.810.590.640.740.960.80.580.790.830.340.890.780.880.90.92
-0.83-0.86-0.9-0.4-0.52-0.92-0.870.96-0.64-0.74-0.83-0.530.12-0.74-0.59-0.78-0.8-0.87-0.86-0.69-0.68-0.87-0.6-0.72-0.66
0.970.980.990.650.71-0.920.99-0.950.80.860.970.70.20.860.770.930.810.980.920.730.820.980.80.870.82
0.990.980.990.770.78-0.870.99-0.930.880.880.990.720.350.880.860.980.851.00.930.640.891.00.880.920.89
-0.91-0.94-0.96-0.56-0.660.96-0.95-0.93-0.77-0.74-0.92-0.48-0.11-0.74-0.71-0.89-0.86-0.94-0.89-0.68-0.8-0.94-0.72-0.79-0.78
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0.860.840.850.690.74-0.740.860.88-0.740.820.850.780.311.00.790.830.730.860.930.560.820.860.870.940.83
1.00.980.980.810.81-0.830.970.99-0.920.910.850.670.430.850.890.990.861.00.920.60.921.00.910.930.92
0.680.640.660.60.59-0.530.70.72-0.480.610.780.670.250.780.650.630.430.680.680.40.590.670.680.730.61
0.430.310.270.850.640.120.20.35-0.110.640.310.430.250.310.680.510.310.360.29-0.190.60.350.670.510.64
0.860.840.850.690.74-0.740.860.88-0.740.821.00.850.780.310.790.830.730.860.930.560.820.860.870.940.83
0.890.780.790.950.96-0.590.770.86-0.710.940.790.890.650.680.790.890.730.860.870.280.960.850.960.950.98
0.990.960.960.850.8-0.780.930.98-0.890.930.830.990.630.510.830.890.880.980.890.540.930.980.920.910.93
0.850.820.860.690.58-0.80.810.85-0.860.880.730.860.430.310.730.730.880.850.850.320.880.850.80.80.83
1.00.990.990.770.79-0.870.981.0-0.940.880.861.00.680.360.860.860.980.850.930.650.891.00.880.920.89
0.920.880.920.730.83-0.860.920.93-0.890.890.930.920.680.290.930.870.890.850.930.520.920.930.880.960.92
0.60.740.680.130.34-0.690.730.64-0.680.280.560.60.4-0.190.560.280.540.320.650.520.290.660.330.440.32
0.920.830.850.910.89-0.680.820.89-0.80.990.820.920.590.60.820.960.930.880.890.920.290.890.970.950.99
1.00.990.990.760.78-0.870.981.0-0.940.880.861.00.670.350.860.850.980.851.00.930.660.890.870.910.89
0.910.830.830.950.88-0.60.80.88-0.720.970.870.910.680.670.870.960.920.80.880.880.330.970.870.970.98
0.930.860.870.860.9-0.720.870.92-0.790.940.940.930.730.510.940.950.910.80.920.960.440.950.910.970.97
0.920.830.840.930.92-0.660.820.89-0.780.980.830.920.610.640.830.980.930.830.890.920.320.990.890.980.97
Click cells to compare fundamentals

Ballys Corp Account Relationship Matchups

Ballys Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.9B6.6B6.3B6.9B7.2B
Other Current Liab55.9M102.7M438.6M433.4M653.0M685.7M
Total Current Liabilities89.8M143.2M570.1M755.8M874.8M918.5M
Total Stockholder Equity211.4M326.6M1.6B805.8M635.4M575.1M
Other Liab23.9M303.9M434.0M265.7M305.6M183.5M
Net Tangible Assets(32.0M)(523.8M)(127.9M)(2.9B)(2.6B)(2.5B)
Property Plant And Equipment Net527.7M785.1M1.3B2.0B2.3B2.5B
Net Debt518.2M1.0B3.8B4.3B4.8B5.0B
Retained Earnings250.4M34.8M(138.7M)(535.4M)(555.9M)(528.1M)
Accounts Payable14.9M15.9M87.5M70.1M69.2M42.8M
Cash182.6M123.4M206.2M212.5M315.3M173.1M
Non Current Assets Total776.9M1.6B6.0B5.8B6.3B6.6B
Non Currrent Assets Other5.7M5.4M27.0M30.3M92.8M97.4M
Other Assets5.7M5.4M6.6B55.8M64.2M61.0M
Cash And Short Term Investments182.6M123.4M206.2M212.5M315.3M173.1M
Net Receivables23.2M99.3M218.4M162.0M132.5M96.2M
Good Will133.1M187.0M2.1B1.7B1.9B2.0B
Common Stock Shares Outstanding37.8M31.3M49.6M58.1M53.4M47.6M
Non Current Liabilities Total720.7M1.5B4.4B4.7B5.4B5.6B
Inventory7.9M9.3M11.5M14.2M14.6M10.7M
Other Current Assets28.4M53.8M12.5M18.4M109.9M115.4M
Other Stockholder Equity(37.5M)294.6M1.8B1.6B1.4B728.7M
Total Liab810.5M1.6B4.9B5.5B6.2B6.5B
Total Current Assets245.0M289.0M567.2M522.7M572.3M351.8M
Intangible Assets110.4M663.4M2.5B2.0B1.9B1.0B
Common Stock412K307K530K466K400K405.2K
Property Plant Equipment527.7M785.1M838.7M1.2B1.4B1.5B
Short Long Term Debt Total700.8M1.2B4.0B4.5B5.1B2.5B
Current Deferred Revenue2.6M14.9M17.4M200M78.3M57.9M
Long Term Debt680.6M1.1B3.4B3.5B3.6B2.1B
Common Stock Total Equity412K307K530K466K535.9K450.5K
Liabilities And Stockholders Equity1.0B1.9B6.6B6.3B6.9B3.8B
Net Invested Capital895.0M1.4B5.1B4.3B4.3B2.7B
Property Plant And Equipment Gross527.7M785.1M1.6B2.3B2.6B1.3B
Short Long Term Debt3.6M3M5.8M19.5M22.4M16.3M
Accumulated Other Comprehensive Income(1.9M)(3.1M)(69.7M)(295.6M)(209.6M)(199.1M)
Net Working Capital155.2M145.8M(2.9M)(233.1M)(302.4M)(287.3M)
Short Term Debt4.0M7.3M44.0M52.4M74.3M78.0M
Capital Stock412K307K530K466K400K457.4K

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When determining whether Ballys Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ballys Corp'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 Ballys Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ballys Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Ballys Corp'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 Ballys Corp. If investors know Ballys 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 Ballys Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
107
Earnings Share
(10.40)
Revenue Per Share
47.683
Quarterly Revenue Growth
0.033
Return On Assets
(0)
The market value of Ballys Corp is measured differently than its book value, which is the value of Ballys that is recorded on the company's balance sheet. Investors also form their own opinion of Ballys Corp's value that differs from its market value or its book value, called intrinsic value, which is Ballys Corp'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 Ballys Corp's market value can be influenced by many factors that don't directly affect Ballys Corp'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 Ballys Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballys Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballys Corp'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.