Boyd Other Operating Expenses vs Net Income From Continuing Ops Analysis
BYD Stock | USD 55.01 0.06 0.11% |
Boyd Gaming financial indicator trend analysis is way more than just evaluating Boyd Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boyd Gaming is a good investment. Please check the relationship between Boyd Gaming Other Operating Expenses and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
Other Operating Expenses vs Net Income From Continuing Ops
Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boyd Gaming Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Boyd Gaming's Other Operating Expenses and Net Income From Continuing Ops is 0.13. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Boyd Gaming, assuming nothing else is changed. The correlation between historical values of Boyd Gaming's Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Boyd Gaming are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Boyd Gaming's Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Boyd Gaming. It is also known as Boyd Gaming overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income From Continuing Ops
Most indicators from Boyd Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boyd Gaming 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 Boyd Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.At present, Boyd Gaming's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.73, whereas Selling General Administrative is forecasted to decline to about 410.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 199.4M | 151.2M | 171.2M | 168.3M | Depreciation And Amortization | 274.4M | 317.6M | 256.8M | 184.9M |
Boyd Gaming fundamental ratios Correlations
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Boyd Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boyd Gaming fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.7B | 6.6B | 6.2B | 6.3B | 6.5B | 4.3B | |
Short Long Term Debt Total | 4.7B | 4.8B | 3.9B | 3.9B | 3.7B | 2.8B | |
Other Current Liab | 328.4M | 289.9M | 313.1M | 4.5M | 313.0M | 169.4M | |
Total Current Liabilities | 556.9M | 524.0M | 557.0M | 586.1M | 596.3M | 379.1M | |
Total Stockholder Equity | 1.3B | 1.1B | 1.5B | 1.6B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 3.6B | 3.5B | 3.3B | 3.2B | 3.3B | 2.4B | |
Net Debt | 4.4B | 4.3B | 3.6B | 3.6B | 3.4B | 2.6B | |
Retained Earnings | 380.9M | 246.2M | 710.1M | 1.3B | 1.7B | 1.8B | |
Accounts Payable | 91.0M | 96.9M | 102.0M | 129.9M | 124.7M | 77.5M | |
Cash | 250.0M | 519.2M | 344.6M | 283.5M | 307.9M | 183.1M | |
Non Current Assets Total | 6.3B | 5.9B | 5.7B | 5.8B | 6.0B | 4.0B | |
Non Currrent Assets Other | 91.8M | 100.5M | 98.2M | (184.2M) | 55.2M | 52.4M | |
Cash And Short Term Investments | 250.0M | 519.2M | 344.6M | 283.5M | 308.6M | 183.1M | |
Net Receivables | 60.5M | 53.5M | 89.5M | 111.6M | 141.4M | 148.5M | |
Good Will | 1.1B | 1.1B | 971.3M | 1.0B | 947.3M | 554.6M | |
Common Stock Shares Outstanding | 113.9M | 113.5M | 114.1M | 109.0M | 101.4M | 94.3M | |
Liabilities And Stockholders Equity | 6.7B | 6.6B | 6.2B | 6.3B | 6.5B | 4.3B | |
Non Current Liabilities Total | 4.8B | 4.9B | 4.1B | 4.1B | 4.2B | 3.0B | |
Inventory | 22.1M | 22.6M | 20.1M | 22.2M | 20.7M | 14.6M | |
Other Current Assets | 46.5M | 39.2M | 41.1M | 49.4M | 58.6M | 41.8M | |
Other Stockholder Equity | 883.7M | 876.4M | 827.7M | 305.2M | 350.9M | 663.3M | |
Total Liab | 5.4B | 5.4B | 4.7B | 4.7B | 4.8B | 3.4B | |
Property Plant And Equipment Gross | 2.7B | 3.5B | 2.4B | 6.4B | 6.5B | 6.9B | |
Total Current Assets | 399.5M | 650.3M | 507.8M | 478.2M | 529.3M | 304.3M | |
Accumulated Other Comprehensive Income | (530K) | 150K | (180K) | (1.4M) | (1.1M) | (1.2M) | |
Short Term Debt | 114.7M | 121.2M | 126.6M | 133.1M | 143.1M | 150.3M | |
Intangible Assets | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | 766.6M | |
Other Liab | 248.8M | 195.4M | 322.5M | 370.8M | 426.4M | 447.7M | |
Other Assets | 76.2M | 1.0B | 98.2M | 147.4M | 3.4B | 3.6B | |
Long Term Debt | 3.7B | 3.9B | 3.0B | 3.0B | 2.9B | 3.1B | |
Property Plant Equipment | 2.7B | 2.5B | 3.3B | 2.4B | 2.8B | 2.9B | |
Current Deferred Revenue | 22.9M | 16.0M | 15.3M | 318.6M | 15.5M | 14.7M | |
Net Tangible Assets | (444.7M) | 2.0B | (837.3M) | 921.9M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 380.9M | 246.2M | 710.1M | 1.3B | 1.5B | 1.6B | |
Long Term Debt Total | 3.7B | 3.9B | 3.0B | 3.0B | 2.7B | 2.9B |
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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 Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Boyd Gaming's price analysis, check to measure Boyd Gaming'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 Boyd Gaming is operating at the current time. Most of Boyd Gaming's value examination focuses on studying past and present price action to predict the probability of Boyd Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boyd Gaming's price. Additionally, you may evaluate how the addition of Boyd Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Boyd Gaming'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 Boyd Gaming. If investors know Boyd 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 Boyd Gaming 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 (0.27) | Dividend Share 0.65 | Earnings Share 5.59 | Revenue Per Share 37.433 | Quarterly Revenue Growth (0) |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming'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 Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming'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 Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming'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.