Beacon Deferred Long Term Liab vs Retained Earnings Analysis
BECN Stock | USD 95.63 1.49 1.53% |
Beacon Roofing financial indicator trend analysis is way more than just evaluating Beacon Roofing Supply prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beacon Roofing Supply is a good investment. Please check the relationship between Beacon Roofing Deferred Long Term Liab and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beacon Roofing Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Deferred Long Term Liab vs Retained Earnings
Deferred Long Term Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beacon Roofing Supply Deferred Long Term Liab account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Beacon Roofing's Deferred Long Term Liab and Retained Earnings is 0.3. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Beacon Roofing Supply, assuming nothing else is changed. The correlation between historical values of Beacon Roofing's Deferred Long Term Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Beacon Roofing Supply are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Deferred Long Term Liab i.e., Beacon Roofing's Deferred Long Term Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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.Most indicators from Beacon Roofing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beacon Roofing Supply 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 Beacon Roofing Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Beacon Roofing's Selling General Administrative is very stable compared to the past year. As of the 5th of June 2024, Tax Provision is likely to grow to about 182.5 M, while Discontinued Operations is likely to drop (252 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 2.3B | 2.7B | 2.8B | Total Revenue | 8.4B | 9.1B | 10.5B | 11.0B |
Beacon Roofing fundamental ratios Correlations
Click cells to compare fundamentals
Beacon Roofing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beacon Roofing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.0B | 5.5B | 6.0B | 6.2B | 7.1B | 7.5B | |
Total Stockholder Equity | 2.2B | 2.2B | 2.3B | 1.8B | 2.1B | 2.2B | |
Net Debt | 2.6B | 1.8B | 2.4B | 2.8B | 3.3B | 3.4B | |
Cash | 624.6M | 225.8M | 67.7M | 84M | 96.6M | 92.7M | |
Non Current Assets Total | 4.0B | 2.9B | 3.2B | 3.3B | 3.8B | 4.0B | |
Non Currrent Assets Other | 2.1M | 8.9M | 7.5M | 12.8M | 11.5M | 10.9M | |
Cash And Short Term Investments | 624.6M | 225.8M | 67.7M | 84M | 96.6M | 92.7M | |
Common Stock Shares Outstanding | 68.4M | 68.8M | 71.2M | 63.7M | 73.3M | 53.2M | |
Liabilities And Stockholders Equity | 7.0B | 5.5B | 6.0B | 6.2B | 7.1B | 7.5B | |
Non Current Liabilities Total | 3.2B | 2.0B | 2.3B | 2.8B | 3.2B | 3.4B | |
Other Stockholder Equity | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | 1.5B | |
Total Liab | 4.8B | 3.3B | 3.7B | 4.4B | 5.0B | 5.3B | |
Total Current Assets | 3.0B | 2.6B | 2.8B | 2.9B | 3.3B | 3.5B | |
Short Long Term Debt Total | 3.2B | 2.1B | 2.4B | 2.9B | 3.4B | 3.5B | |
Other Current Liab | 563.8M | 472.1M | 438.1M | 498.6M | 573.4M | 602.1M | |
Total Current Liabilities | 1.6B | 1.4B | 1.4B | 1.6B | 1.8B | 1.9B | |
Other Liab | 110.3M | 80.5M | 700K | 200K | 230K | 218.5K | |
Property Plant And Equipment Net | 687M | 670.2M | 804.6M | 940M | 1.1B | 1.1B | |
Retained Earnings | 694.3M | 682.5M | 728.8M | 618.8M | 711.6M | 436.5M | |
Accounts Payable | 954.6M | 794.2M | 821M | 942.8M | 1.1B | 1.1B | |
Long Term Debt | 2.7B | 1.6B | 1.9B | 2.3B | 2.6B | 2.7B | |
Net Receivables | 1.0B | 855.2M | 1.0B | 1.5B | 1.7B | 1.8B | |
Good Will | 2.5B | 1.8B | 1.9B | 2.0B | 2.2B | 2.4B | |
Inventory | 944.6M | 1.2B | 1.3B | 1.2B | 1.4B | 1.5B | |
Other Current Assets | 378.3M | 367.2M | 417.8M | 72.8M | 83.7M | 138.3M | |
Property Plant And Equipment Gross | 687M | 635.8M | 804.6M | 1.4B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (34.7M) | (19.4M) | (12.5M) | (14.3M) | (12.9M) | (13.5M) | |
Short Term Debt | 112.8M | 105.4M | 120.6M | 125.9M | 144.8M | 152.0M | |
Intangible Assets | 801.2M | 421M | 447.7M | 403.5M | 464.0M | 376.6M | |
Common Stock | 681K | 685K | 700K | 600K | 690K | 539.6K | |
Property Plant Equipment | 260.4M | 243.7M | 236.6M | 804.6M | 925.3M | 971.6M | |
Net Tangible Assets | (1.8B) | (1.1B) | (33.7M) | (459.9M) | (413.9M) | (434.6M) | |
Long Term Debt Total | 2.6B | 2.6B | 2.7B | 1.6B | 1.9B | 1.2B | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 807.4M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Beacon Stock
When determining whether Beacon Roofing Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beacon Roofing'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 Beacon Roofing Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beacon Roofing Supply Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beacon Roofing Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Trading Companies & Distributors space 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 Beacon Roofing. If investors know Beacon 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 Beacon Roofing 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 (0.65) | Earnings Share (0.59) | Revenue Per Share 146.397 | Quarterly Revenue Growth 0.104 | Return On Assets 0.0692 |
The market value of Beacon Roofing Supply is measured differently than its book value, which is the value of Beacon that is recorded on the company's balance sheet. Investors also form their own opinion of Beacon Roofing's value that differs from its market value or its book value, called intrinsic value, which is Beacon Roofing'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 Beacon Roofing's market value can be influenced by many factors that don't directly affect Beacon Roofing'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 Beacon Roofing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beacon Roofing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beacon Roofing'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.