Ballys Retained Earnings vs Property Plant Equipment Analysis
BALY Stock | USD 13.12 0.11 0.85% |
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 Retained Earnings and its Property Plant Equipment 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.
Retained Earnings vs Property Plant Equipment
Retained Earnings vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Retained Earnings account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Ballys Corp's Retained Earnings and Property Plant Equipment is -0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment 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 Retained Earnings and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ballys Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Retained Earnings i.e., Ballys Corp's Retained Earnings and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant Equipment
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
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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 |
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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.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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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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.