Ballys Property Plant Equipment vs Total Stockholder Equity Analysis
BALY Stock | USD 13.01 0.01 0.08% |
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 Property Plant Equipment and its Total Stockholder Equity 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.
Property Plant Equipment vs Total Stockholder Equity
Property Plant Equipment vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Property Plant Equipment account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ballys Corp's Property Plant Equipment and Total Stockholder Equity is 0.63. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Stockholder Equity 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 Property Plant Equipment and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Ballys Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., Ballys Corp's Property Plant Equipment and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 Amortization | 144.8M | 300.6M | 350.4M | 367.9M | Interest Income | 2.3M | 1.1M | 1.3M | 1.0M |
Ballys Corp fundamental ratios Correlations
Click cells to compare fundamentals
Ballys Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ballys Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.9B | 6.6B | 6.3B | 6.9B | 7.2B | |
Other Current Liab | 55.9M | 102.7M | 438.6M | 433.4M | 653.0M | 685.7M | |
Total Current Liabilities | 89.8M | 143.2M | 570.1M | 755.8M | 874.8M | 918.5M | |
Total Stockholder Equity | 211.4M | 326.6M | 1.6B | 805.8M | 635.4M | 575.1M | |
Other Liab | 23.9M | 303.9M | 434.0M | 265.7M | 305.6M | 183.5M | |
Net Tangible Assets | (32.0M) | (523.8M) | (127.9M) | (2.9B) | (2.6B) | (2.5B) | |
Property Plant And Equipment Net | 527.7M | 785.1M | 1.3B | 2.0B | 2.3B | 2.5B | |
Net Debt | 518.2M | 1.0B | 3.8B | 4.3B | 4.8B | 5.0B | |
Retained Earnings | 250.4M | 34.8M | (138.7M) | (535.4M) | (555.9M) | (528.1M) | |
Accounts Payable | 14.9M | 15.9M | 87.5M | 70.1M | 69.2M | 42.8M | |
Cash | 182.6M | 123.4M | 206.2M | 212.5M | 315.3M | 173.1M | |
Non Current Assets Total | 776.9M | 1.6B | 6.0B | 5.8B | 6.3B | 6.6B | |
Non Currrent Assets Other | 5.7M | 5.4M | 27.0M | 30.3M | 92.8M | 97.4M | |
Other Assets | 5.7M | 5.4M | 6.6B | 55.8M | 64.2M | 61.0M | |
Cash And Short Term Investments | 182.6M | 123.4M | 206.2M | 212.5M | 315.3M | 173.1M | |
Net Receivables | 23.2M | 99.3M | 218.4M | 162.0M | 132.5M | 96.2M | |
Good Will | 133.1M | 187.0M | 2.1B | 1.7B | 1.9B | 2.0B | |
Common Stock Shares Outstanding | 37.8M | 31.3M | 49.6M | 58.1M | 53.4M | 47.6M | |
Non Current Liabilities Total | 720.7M | 1.5B | 4.4B | 4.7B | 5.4B | 5.6B | |
Inventory | 7.9M | 9.3M | 11.5M | 14.2M | 14.6M | 10.7M | |
Other Current Assets | 28.4M | 53.8M | 12.5M | 18.4M | 109.9M | 115.4M | |
Other Stockholder Equity | (37.5M) | 294.6M | 1.8B | 1.6B | 1.4B | 728.7M | |
Total Liab | 810.5M | 1.6B | 4.9B | 5.5B | 6.2B | 6.5B | |
Total Current Assets | 245.0M | 289.0M | 567.2M | 522.7M | 572.3M | 351.8M | |
Intangible Assets | 110.4M | 663.4M | 2.5B | 2.0B | 1.9B | 1.0B | |
Common Stock | 412K | 307K | 530K | 466K | 400K | 405.2K | |
Property Plant Equipment | 527.7M | 785.1M | 838.7M | 1.2B | 1.4B | 1.5B | |
Short Long Term Debt Total | 700.8M | 1.2B | 4.0B | 4.5B | 5.1B | 2.5B | |
Current Deferred Revenue | 2.6M | 14.9M | 17.4M | 200M | 78.3M | 57.9M | |
Long Term Debt | 680.6M | 1.1B | 3.4B | 3.5B | 3.6B | 2.1B | |
Common Stock Total Equity | 412K | 307K | 530K | 466K | 535.9K | 450.5K | |
Liabilities And Stockholders Equity | 1.0B | 1.9B | 6.6B | 6.3B | 6.9B | 3.8B | |
Net Invested Capital | 895.0M | 1.4B | 5.1B | 4.3B | 4.3B | 2.7B | |
Property Plant And Equipment Gross | 527.7M | 785.1M | 1.6B | 2.3B | 2.6B | 1.3B | |
Short Long Term Debt | 3.6M | 3M | 5.8M | 19.5M | 22.4M | 16.3M | |
Accumulated Other Comprehensive Income | (1.9M) | (3.1M) | (69.7M) | (295.6M) | (209.6M) | (199.1M) | |
Net Working Capital | 155.2M | 145.8M | (2.9M) | (233.1M) | (302.4M) | (287.3M) | |
Short Term Debt | 4.0M | 7.3M | 44.0M | 52.4M | 74.3M | 78.0M | |
Capital Stock | 412K | 307K | 530K | 466K | 400K | 457.4K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Ballys Stock analysis
When running Ballys Corp's price analysis, check to measure Ballys Corp'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 Ballys Corp is operating at the current time. Most of Ballys Corp's value examination focuses on studying past and present price action to predict the probability of Ballys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballys Corp's price. Additionally, you may evaluate how the addition of Ballys Corp to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |
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.