Beyond Cash vs Other Current Liab Analysis
| BYON Stock | 16.22 0.57 3.39% |
Beyond financial indicator trend analysis is way more than just evaluating Beyond Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Inc is a good investment. Please check the relationship between Beyond Cash and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Cash vs Other Current Liab
Cash vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Inc Cash account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beyond's Cash and Other Current Liab is 0.64. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Beyond Inc, assuming nothing else is changed. The correlation between historical values of Beyond's Cash and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Beyond Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., Beyond's Cash and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Beyond Inc, which is listed under current asset account on Beyond Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beyond customers. The amounts must be unrestricted with restricted cash listed in a different Beyond account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Liab
Most indicators from Beyond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Inc 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 Beyond Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Beyond's Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 43.8 M, while Enterprise Value Over EBITDA is likely to drop (4.44).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 556K | 1.9M | 1.8M | 1.4M | Depreciation And Amortization | 18.6M | 16.7M | 19.4M | 19.9M |
Beyond fundamental ratios Correlations
Click cells to compare fundamentals
Beyond Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beyond fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 417.7M | 830.2M | 1.1B | 878.5M | 635.8M | 399.3M | |
| Total Stockholder Equity | 115.1M | 373.7M | 744.4M | 645.8M | 359.1M | 377.1M | |
| Net Debt | (84.1M) | (435.7M) | (452.0M) | (328.8M) | (298.9M) | (283.9M) | |
| Cash | 112.3M | 495.4M | 503.3M | 371.3M | 302.6M | 178.7M | |
| Cash And Short Term Investments | 122.6M | 495.4M | 503.3M | 371.3M | 302.6M | 190.1M | |
| Common Stock Shares Outstanding | 34.9M | 41.6M | 43.3M | 44.3M | 45.2M | 27.8M | |
| Liabilities And Stockholders Equity | 417.7M | 830.2M | 1.1B | 878.5M | 635.8M | 399.3M | |
| Total Current Assets | 177.4M | 582.7M | 551.8M | 414.5M | 350.1M | 251.8M | |
| Short Long Term Debt Total | 28.2M | 59.7M | 51.3M | 42.5M | 3.8M | 3.6M | |
| Other Current Liab | 76.5M | 126.7M | 79.7M | 52.8M | 62.8M | 46.4M | |
| Total Current Liabilities | 216.0M | 327.6M | 272.3M | 191.1M | 232.4M | 188.3M | |
| Property Plant And Equipment Net | 155.4M | 131.1M | 122.1M | 117.4M | 31.0M | 29.5M | |
| Retained Earnings | (580.4M) | (525.2M) | (136.6M) | (173.8M) | (481.7M) | (457.6M) | |
| Accounts Payable | 91.1M | 123.6M | 127.9M | 89.5M | 117.1M | 94.3M | |
| Non Current Assets Total | 240.4M | 247.5M | 514.2M | 464.0M | 285.7M | 152.8M | |
| Non Currrent Assets Other | 4.0M | 108.8M | 3.2M | 2.8M | 56.8M | 59.6M | |
| Net Receivables | 24.7M | 22.9M | 21.2M | 17.7M | 19.4M | 18.3M | |
| Non Current Liabilities Total | 23.9M | 66.3M | 49.2M | 41.6M | 44.3M | 31.4M | |
| Inventory | 5.8M | 6.2M | 5.1M | 6.5M | 13.0M | 18.2M | |
| Other Current Assets | 6.2M | 6.3M | 5.1M | 5.5M | 2.4M | 2.3M | |
| Other Stockholder Equity | (568K) | (553K) | (537K) | (522K) | 841.3M | 883.4M | |
| Total Liab | 239.9M | 393.9M | 321.6M | 232.7M | 276.7M | 231.5M | |
| Accumulated Other Comprehensive Income | (568K) | (553K) | (537K) | (522K) | (506K) | (531.3K) | |
| Short Term Debt | 6.6M | 5.2M | 5.4M | 4.4M | 2.8M | 2.7M | |
| Short Term Investments | (1K) | 2.4M | 10.3M | 1.8M | 1.6M | 1.5M | |
| Intangible Assets | 13.4M | 11.8M | 14.0M | 6.2M | 25.3M | 26.5M | |
| Current Deferred Revenue | 41.8M | 72.2M | 59.4M | 44.5M | 49.6M | 43.1M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Beyond Stock analysis
When running Beyond's price analysis, check to measure Beyond'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 Beyond is operating at the current time. Most of Beyond's value examination focuses on studying past and present price action to predict the probability of Beyond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond's price. Additionally, you may evaluate how the addition of Beyond to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Beyond'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 Beyond. If investors know Beyond 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 Beyond listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 34.454 | Quarterly Revenue Growth 0.003 | Return On Assets (0.14) | Return On Equity (0.80) |
The market value of Beyond Inc is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond's value that differs from its market value or its book value, called intrinsic value, which is Beyond'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 Beyond's market value can be influenced by many factors that don't directly affect Beyond'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 Beyond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond'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.