Beasley Other Current Liab vs Accounts Payable Analysis

BBGI Stock  USD 9.26  0.02  0.22%   
Beasley Broadcast financial indicator trend analysis is way more than just evaluating Beasley Broadcast prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beasley Broadcast is a good investment. Please check the relationship between Beasley Broadcast Other Current Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beasley Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beasley Broadcast Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beasley Broadcast's Other Current Liab and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Beasley Broadcast Group, assuming nothing else is changed. The correlation between historical values of Beasley Broadcast's Other Current Liab and Accounts Payable 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 Current Liab of Beasley Broadcast Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Beasley Broadcast's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Beasley Broadcast obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Beasley Broadcast are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Beasley Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beasley Broadcast 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 Beasley Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The Beasley Broadcast's current Selling General Administrative is estimated to increase to about 22 M, while Discontinued Operations is projected to decrease to under 31.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit30.6M33.2M38.9M36.9M
Total Revenue241.4M256.4M247.1M158.8M

Beasley Broadcast fundamental ratios Correlations

-0.29-0.25-0.311.0-0.32-1.0-0.31-0.341.0-0.310.31.0-0.31-0.07-0.32-0.31-0.19-0.091.0-0.29-0.29-0.2-0.32-0.071.0
-0.290.920.96-0.290.890.320.710.81-0.290.88-0.68-0.290.89-0.120.910.950.530.48-0.290.830.90.480.87-0.12-0.3
-0.250.920.91-0.250.820.280.710.66-0.250.86-0.75-0.250.88-0.240.820.910.470.55-0.250.780.930.360.85-0.24-0.25
-0.310.960.91-0.310.870.340.640.83-0.310.82-0.69-0.310.83-0.080.870.890.450.41-0.310.810.830.570.8-0.08-0.31
1.0-0.29-0.25-0.31-0.32-1.0-0.31-0.341.0-0.310.31.0-0.31-0.07-0.32-0.31-0.19-0.091.0-0.29-0.29-0.2-0.32-0.071.0
-0.320.890.820.87-0.320.350.690.87-0.320.86-0.58-0.320.83-0.350.890.890.540.64-0.320.940.820.560.84-0.35-0.33
-1.00.320.280.34-1.00.350.330.37-1.00.33-0.31-1.00.330.070.350.330.20.11-1.00.310.310.220.340.07-1.0
-0.310.710.710.64-0.310.690.330.52-0.310.93-0.48-0.310.83-0.320.690.830.180.61-0.310.480.74-0.070.94-0.32-0.31
-0.340.810.660.83-0.340.870.370.52-0.340.68-0.5-0.340.73-0.030.860.730.430.34-0.340.840.640.570.67-0.03-0.35
1.0-0.29-0.25-0.311.0-0.32-1.0-0.31-0.34-0.310.31.0-0.31-0.07-0.32-0.31-0.19-0.091.0-0.28-0.29-0.2-0.32-0.071.0
-0.310.880.860.82-0.310.860.330.930.68-0.31-0.59-0.310.94-0.390.810.970.440.72-0.310.690.90.171.0-0.39-0.31
0.3-0.68-0.75-0.690.3-0.58-0.31-0.48-0.50.3-0.590.3-0.650.05-0.55-0.67-0.51-0.330.3-0.58-0.8-0.2-0.590.050.3
1.0-0.29-0.25-0.311.0-0.32-1.0-0.31-0.341.0-0.310.3-0.31-0.07-0.32-0.31-0.19-0.091.0-0.28-0.29-0.2-0.32-0.071.0
-0.310.890.880.83-0.310.830.330.830.73-0.310.94-0.65-0.31-0.30.830.950.540.67-0.310.710.940.240.95-0.3-0.31
-0.07-0.12-0.24-0.08-0.07-0.350.07-0.32-0.03-0.07-0.390.05-0.07-0.3-0.13-0.31-0.23-0.9-0.07-0.3-0.370.18-0.381.0-0.07
-0.320.910.820.87-0.320.890.350.690.86-0.320.81-0.55-0.320.83-0.130.830.310.45-0.320.870.770.460.8-0.13-0.32
-0.310.950.910.89-0.310.890.330.830.73-0.310.97-0.67-0.310.95-0.310.830.590.66-0.310.770.950.30.97-0.31-0.31
-0.190.530.470.45-0.190.540.20.180.43-0.190.44-0.51-0.190.54-0.230.310.590.48-0.190.540.650.360.45-0.23-0.19
-0.090.480.550.41-0.090.640.110.610.34-0.090.72-0.33-0.090.67-0.90.450.660.48-0.090.530.7-0.030.71-0.9-0.09
1.0-0.29-0.25-0.311.0-0.32-1.0-0.31-0.341.0-0.310.31.0-0.31-0.07-0.32-0.31-0.19-0.09-0.29-0.29-0.2-0.32-0.071.0
-0.290.830.780.81-0.290.940.310.480.84-0.280.69-0.58-0.280.71-0.30.870.770.540.53-0.290.760.630.67-0.3-0.29
-0.290.90.930.83-0.290.820.310.740.64-0.290.9-0.8-0.290.94-0.370.770.950.650.7-0.290.760.230.9-0.37-0.29
-0.20.480.360.57-0.20.560.22-0.070.57-0.20.17-0.2-0.20.240.180.460.30.36-0.03-0.20.630.230.140.18-0.2
-0.320.870.850.8-0.320.840.340.940.67-0.321.0-0.59-0.320.95-0.380.80.970.450.71-0.320.670.90.14-0.38-0.32
-0.07-0.12-0.24-0.08-0.07-0.350.07-0.32-0.03-0.07-0.390.05-0.07-0.31.0-0.13-0.31-0.23-0.9-0.07-0.3-0.370.18-0.38-0.07
1.0-0.3-0.25-0.311.0-0.33-1.0-0.31-0.351.0-0.310.31.0-0.31-0.07-0.32-0.31-0.19-0.091.0-0.29-0.29-0.2-0.32-0.07
Click cells to compare fundamentals

Beasley Broadcast Account Relationship Matchups

Beasley Broadcast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets760.0M738.6M762.1M707.4M574.3M545.6M
Short Long Term Debt Total298.4M295.1M330.2M331.1M305.7M203.8M
Other Current Liab22.2M12.9M26.7M24.5M21.1M10.8M
Total Current Liabilities53.2M40.5M44.5M56.7M48.3M25.9M
Total Stockholder Equity284.5M267.7M263.1M222.2M149.0M141.5M
Property Plant And Equipment Net93.9M88.4M84.3M94.6M86.2M90.6M
Net Debt279.8M274.3M278.9M291.6M279.0M292.9M
Retained Earnings162.4M143.3M142.2M100.2M25.0M22.0M
Accounts Payable12.5M13.3M7.0M19.3M14.3M15.0M
Cash18.6M20.8M51.4M39.5M26.7M25.4M
Non Current Assets Total680.4M661.1M649.9M609.3M487.6M383.9M
Non Currrent Assets Other143.4K1.8M(8.6M)(11.9M)2.9M3.1M
Cash And Short Term Investments18.6M20.8M51.4M39.5M26.7M25.4M
Net Receivables54.6M47.4M53.4M56.7M53.4M34.5M
Common Stock Total Equity31.9K32.0K32.5K32.6K29.3K27.9K
Common Stock Shares Outstanding27.8M28.4M29.3M29.5M29.9M27.1M
Liabilities And Stockholders Equity760.0M738.6M762.1M707.4M574.3M545.6M
Non Current Liabilities Total422.4M431.1M454.5M434.8M377.0M277.4M
Other Current Assets2.9M9.4M7.4M9.4M10.8M11.4M
Other Stockholder Equity122.6M125.8M121.9M122.8M123.6M114.8M
Total Liab475.5M471.5M499.0M485.3M425.3M404.0M
Property Plant And Equipment Gross93.9M88.4M125.5M137.0M132.5M139.1M
Total Current Assets79.7M77.5M112.2M105.7M86.6M56.1M
Accumulated Other Comprehensive Income(436.3K)(1.4M)(1.0M)499.3K346.5K363.8K
Short Term Debt14.8M7.1M7.7M8.2M16.2M15.4M
Intangible Assets546.9M534.4M531.1M495.5M395.7M320.5M
Common Stock32.5K32.6K32.9K33.4K34.1K32.3K
Other Assets(66.8K)553.0M762.1M(7.5M)(8.6M)(8.2M)
Long Term Debt248.7M258.3M293.8M285.5M264.2M198.7M
Property Plant Equipment53.8M53.7M84.3M94.6M108.8M114.2M
Other Liab138.8M143.1M132.0M111.8M128.6M135.0M
Current Deferred Revenue3.6M3.7M3.1M4.7M4.8M5.1M
Good Will15.3M25.4M28.6M13.3M922K875.9K
Inventory3.5M2.5M4.0M5.1M(4.3M)(4.6M)
Treasury Stock(16.7M)(30.4M)(30.7M)(28.2M)(25.4M)(24.1M)
Net Tangible Assets(269.9M)(290.9M)(295.3M)(308.5M)(277.7M)(291.5M)
Retained Earnings Total Equity154.4M155.4M162.4M143.3M164.8M173.0M
Capital Surpluse148.0M150.0M153.3M154.0M177.1M147.4M

Currently Active Assets on Macroaxis

When determining whether Beasley Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beasley Broadcast'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 Beasley Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beasley Broadcast Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beasley Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Broadcasting 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 Beasley Broadcast. If investors know Beasley 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 Beasley Broadcast 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
(0.05)
Earnings Share
1.86
Revenue Per Share
157.537
Quarterly Revenue Growth
(0.03)
Return On Assets
0.01
The market value of Beasley Broadcast is measured differently than its book value, which is the value of Beasley that is recorded on the company's balance sheet. Investors also form their own opinion of Beasley Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Beasley Broadcast'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 Beasley Broadcast's market value can be influenced by many factors that don't directly affect Beasley Broadcast'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 Beasley Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beasley Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beasley Broadcast'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.