Beyond Net Receivables vs Cash And Short Term Investments 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 Net Receivables and its Cash And Short Term Investments 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.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Inc Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beyond's Net Receivables and Cash And Short Term Investments is 0.24. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments 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 Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Beyond Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Beyond's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Beyond Inc balance sheet. This account contains Beyond investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Beyond Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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
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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 |
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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.