Ballys Total Stockholder Equity vs Net Working Capital 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 Total Stockholder Equity and its Net Working Capital 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.

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ballys Corp's Total Stockholder Equity and Net Working Capital is -0.39. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital 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 Total Stockholder Equity and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ballys Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Ballys Corp's Total Stockholder Equity and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Net Working Capital

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

Depreciation And Amortization Interest Income

Ballys Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets
Total Assets		0.98	0.98	0.82	0.82	-0.83	0.97	0.99	-0.91	0.91	0.86	1.0	0.68	0.43	0.86	0.89	0.99	0.85	1.0	0.92	0.6	0.92	1.0	0.91	0.93	0.92
Other Current Liab	0.98		0.99	0.7	0.72	-0.86	0.98	0.98	-0.94	0.83	0.84	0.98	0.64	0.31	0.84	0.78	0.96	0.82	0.99	0.88	0.74	0.83	0.99	0.83	0.86	0.83
Total Current Liabilities	0.98	0.99		0.7	0.72	-0.9	0.99	0.99	-0.96	0.85	0.85	0.98	0.66	0.27	0.85	0.79	0.96	0.86	0.99	0.92	0.68	0.85	0.99	0.83	0.87	0.84
Total Stockholder Equity	0.82	0.7	0.7		0.87	-0.4	0.65	0.77	-0.56	0.92	0.69	0.81	0.6	0.85	0.69	0.95	0.85	0.69	0.77	0.73	0.13	0.91	0.76	0.95	0.86	0.93
Other Liab	0.82	0.72	0.72	0.87		-0.52	0.71	0.78	-0.66	0.85	0.74	0.81	0.59	0.64	0.74	0.96	0.8	0.58	0.79	0.83	0.34	0.89	0.78	0.88	0.9	0.92
Net Tangible Assets	-0.83	-0.86	-0.9	-0.4	-0.52		-0.92	-0.87	0.96	-0.64	-0.74	-0.83	-0.53	0.12	-0.74	-0.59	-0.78	-0.8	-0.87	-0.86	-0.69	-0.68	-0.87	-0.6	-0.72	-0.66
Property Plant And Equipment Net	0.97	0.98	0.99	0.65	0.71	-0.92		0.99	-0.95	0.8	0.86	0.97	0.7	0.2	0.86	0.77	0.93	0.81	0.98	0.92	0.73	0.82	0.98	0.8	0.87	0.82
Net Debt	0.99	0.98	0.99	0.77	0.78	-0.87	0.99		-0.93	0.88	0.88	0.99	0.72	0.35	0.88	0.86	0.98	0.85	1.0	0.93	0.64	0.89	1.0	0.88	0.92	0.89
Retained Earnings	-0.91	-0.94	-0.96	-0.56	-0.66	0.96	-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
Accounts Payable	0.91	0.83	0.85	0.92	0.85	-0.64	0.8	0.88	-0.77		0.82	0.91	0.61	0.64	0.82	0.94	0.93	0.88	0.88	0.89	0.28	0.99	0.88	0.97	0.94	0.98
Cash	0.86	0.84	0.85	0.69	0.74	-0.74	0.86	0.88	-0.74	0.82		0.85	0.78	0.31	1.0	0.79	0.83	0.73	0.86	0.93	0.56	0.82	0.86	0.87	0.94	0.83
Non Current Assets Total	1.0	0.98	0.98	0.81	0.81	-0.83	0.97	0.99	-0.92	0.91	0.85		0.67	0.43	0.85	0.89	0.99	0.86	1.0	0.92	0.6	0.92	1.0	0.91	0.93	0.92
Non Currrent Assets Other	0.68	0.64	0.66	0.6	0.59	-0.53	0.7	0.72	-0.48	0.61	0.78	0.67		0.25	0.78	0.65	0.63	0.43	0.68	0.68	0.4	0.59	0.67	0.68	0.73	0.61
Other Assets	0.43	0.31	0.27	0.85	0.64	0.12	0.2	0.35	-0.11	0.64	0.31	0.43	0.25		0.31	0.68	0.51	0.31	0.36	0.29	-0.19	0.6	0.35	0.67	0.51	0.64
Cash And Short Term Investments	0.86	0.84	0.85	0.69	0.74	-0.74	0.86	0.88	-0.74	0.82	1.0	0.85	0.78	0.31		0.79	0.83	0.73	0.86	0.93	0.56	0.82	0.86	0.87	0.94	0.83
Net Receivables	0.89	0.78	0.79	0.95	0.96	-0.59	0.77	0.86	-0.71	0.94	0.79	0.89	0.65	0.68	0.79		0.89	0.73	0.86	0.87	0.28	0.96	0.85	0.96	0.95	0.98
Good Will	0.99	0.96	0.96	0.85	0.8	-0.78	0.93	0.98	-0.89	0.93	0.83	0.99	0.63	0.51	0.83	0.89		0.88	0.98	0.89	0.54	0.93	0.98	0.92	0.91	0.93
Common Stock Shares Outstanding	0.85	0.82	0.86	0.69	0.58	-0.8	0.81	0.85	-0.86	0.88	0.73	0.86	0.43	0.31	0.73	0.73	0.88		0.85	0.85	0.32	0.88	0.85	0.8	0.8	0.83
Non Current Liabilities Total	1.0	0.99	0.99	0.77	0.79	-0.87	0.98	1.0	-0.94	0.88	0.86	1.0	0.68	0.36	0.86	0.86	0.98	0.85		0.93	0.65	0.89	1.0	0.88	0.92	0.89
Inventory	0.92	0.88	0.92	0.73	0.83	-0.86	0.92	0.93	-0.89	0.89	0.93	0.92	0.68	0.29	0.93	0.87	0.89	0.85	0.93		0.52	0.92	0.93	0.88	0.96	0.92
Other Current Assets	0.6	0.74	0.68	0.13	0.34	-0.69	0.73	0.64	-0.68	0.28	0.56	0.6	0.4	-0.19	0.56	0.28	0.54	0.32	0.65	0.52		0.29	0.66	0.33	0.44	0.32
Other Stockholder Equity	0.92	0.83	0.85	0.91	0.89	-0.68	0.82	0.89	-0.8	0.99	0.82	0.92	0.59	0.6	0.82	0.96	0.93	0.88	0.89	0.92	0.29		0.89	0.97	0.95	0.99
Total Liab	1.0	0.99	0.99	0.76	0.78	-0.87	0.98	1.0	-0.94	0.88	0.86	1.0	0.67	0.35	0.86	0.85	0.98	0.85	1.0	0.93	0.66	0.89		0.87	0.91	0.89
Deferred Long Term Liab	0.91	0.83	0.83	0.95	0.88	-0.6	0.8	0.88	-0.72	0.97	0.87	0.91	0.68	0.67	0.87	0.96	0.92	0.8	0.88	0.88	0.33	0.97	0.87		0.97	0.98
Total Current Assets	0.93	0.86	0.87	0.86	0.9	-0.72	0.87	0.92	-0.79	0.94	0.94	0.93	0.73	0.51	0.94	0.95	0.91	0.8	0.92	0.96	0.44	0.95	0.91	0.97		0.97
Intangible Assets	0.92	0.83	0.84	0.93	0.92	-0.66	0.82	0.89	-0.78	0.98	0.83	0.92	0.61	0.64	0.83	0.98	0.93	0.83	0.89	0.92	0.32	0.99	0.89	0.98	0.97

Click cells to compare fundamentals

Ballys Corp Account Relationship Matchups

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.

MSFT	Microsoft
GOOG	Alphabet Inc Class C
C	Citigroup

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:

How To Invest In Ballys

Details

Is Ballys Stock a good investment?

Details

What is Ballys Corp's Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

View

Largest Consumer Services Companies

View

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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ballys Total Stockholder Equity vs Net Working Capital Analysis

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Working Capital

Ballys Corp fundamental ratios Correlations

Ballys Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ballys Corp fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Ballys Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Retained Earnings	- 0.96	Total Current Liabilities
Retained Earnings	- 0.95	Property Plant And Equipment Net
Total Liab	- 0.94	Retained Earnings
Non Current Liabilities Total	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Other Current Liab
Retained Earnings	- 0.93	Net Debt