Beyond Cash vs Total Current Assets Analysis

BYND Stock  USD 4.98  0.07  1.39%   
Beyond Meat financial indicator trend analysis is way more than just evaluating Beyond Meat prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Meat is a good investment. Please check the relationship between Beyond Meat Cash and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Meat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Meat Cash account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Beyond Meat's Cash and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Beyond Meat, assuming nothing else is changed. The correlation between historical values of Beyond Meat's Cash and Total Current Assets 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 Meat are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., Beyond Meat's Cash and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of Beyond Meat, which is listed under current asset account on Beyond Meat balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beyond Meat customers. The amounts must be unrestricted with restricted cash listed in a different Beyond Meat 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Beyond Meat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Meat 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 Meat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.The current year's Enterprise Value is expected to grow to about 3.1 B, whereas Selling General Administrative is forecasted to decline to about 121.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.6M4.0M4.0M2.7M
Depreciation And Amortization25.1M37.7M48.1M50.5M

Beyond Meat fundamental ratios Correlations

0.860.940.91-0.080.930.760.67-0.670.950.930.870.470.930.880.810.840.840.990.930.840.850.820.980.350.81
0.860.880.74-0.550.910.580.95-0.920.810.710.980.80.710.680.680.851.00.840.720.71.00.980.770.040.68
0.940.880.84-0.190.920.840.74-0.760.890.820.880.570.820.860.880.760.850.920.770.80.860.850.880.180.88
0.910.740.840.060.850.870.57-0.660.990.810.810.50.810.950.920.890.690.930.890.930.730.780.880.660.92
-0.08-0.55-0.190.06-0.320.15-0.760.67-0.030.13-0.49-0.740.130.170.07-0.3-0.6-0.040.10.03-0.57-0.560.080.570.06
0.930.910.920.85-0.320.720.82-0.80.90.740.940.590.740.770.770.90.890.940.770.80.90.90.830.230.77
0.760.580.840.870.150.720.43-0.560.870.660.650.40.660.90.980.660.510.780.680.80.540.620.730.520.97
0.670.950.740.57-0.760.820.43-0.970.640.450.930.90.450.480.540.780.950.660.480.550.950.960.53-0.110.55
-0.67-0.92-0.76-0.660.67-0.8-0.56-0.97-0.71-0.45-0.93-0.95-0.45-0.6-0.67-0.79-0.91-0.67-0.48-0.68-0.91-0.97-0.54-0.05-0.68
0.950.810.890.99-0.030.90.870.64-0.710.840.860.540.840.930.910.910.760.950.90.910.790.820.910.560.91
0.930.710.820.810.130.740.660.45-0.450.840.680.271.00.840.710.660.690.890.940.730.710.620.990.350.71
0.870.980.880.81-0.490.940.650.93-0.930.860.680.80.680.740.750.90.960.880.720.780.970.990.770.180.75
0.470.80.570.5-0.740.590.40.9-0.950.540.270.80.270.450.530.650.790.440.310.540.790.870.350.00.54
0.930.710.820.810.130.740.660.45-0.450.841.00.680.270.840.710.660.690.890.940.730.710.620.990.350.71
0.880.680.860.950.170.770.90.48-0.60.930.840.740.450.840.950.730.620.890.820.940.650.710.890.620.95
0.810.680.880.920.070.770.980.54-0.670.910.710.750.530.710.950.730.610.830.720.870.640.730.780.541.0
0.840.850.760.89-0.30.90.660.78-0.790.910.660.90.650.660.730.730.830.870.810.790.840.880.750.450.73
0.841.00.850.69-0.60.890.510.95-0.910.760.690.960.790.690.620.610.830.80.690.651.00.960.74-0.020.62
0.990.840.920.93-0.040.940.780.66-0.670.950.890.880.440.890.890.830.870.80.910.860.830.810.950.420.83
0.930.720.770.890.10.770.680.48-0.480.90.940.720.310.940.820.720.810.690.910.740.710.660.960.50.72
0.840.70.80.930.030.80.80.55-0.680.910.730.780.540.730.940.870.790.650.860.740.680.760.810.640.87
0.851.00.860.73-0.570.90.540.95-0.910.790.710.970.790.710.650.640.841.00.830.710.680.970.760.020.65
0.820.980.850.78-0.560.90.620.96-0.970.820.620.990.870.620.710.730.880.960.810.660.760.970.710.150.74
0.980.770.880.880.080.830.730.53-0.540.910.990.770.350.990.890.780.750.740.950.960.810.760.710.40.78
0.350.040.180.660.570.230.52-0.11-0.050.560.350.180.00.350.620.540.45-0.020.420.50.640.020.150.40.53
0.810.680.880.920.060.770.970.55-0.680.910.710.750.540.710.951.00.730.620.830.720.870.650.740.780.53
Click cells to compare fundamentals

Beyond Meat Account Relationship Matchups

Beyond Meat fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets451.9M468.0M1.4B1.1B774.5M601.0M
Short Long Term Debt Total31.2M40.1M1.2B1.2B1.2B1.3B
Other Current Liab9.6M4.6M16.1M16.7M14.6M10.2M
Total Current Liabilities47.7M89.0M94.2M75.8M74.4M58.1M
Total Stockholder Equity384.1M367.1M132.5M(203.5M)(513.4M)(487.7M)
Property Plant And Equipment Net47.5M129.9M312.5M430.1M324.5M178.7M
Net Debt(244.8M)(119.0M)424.1M883.8M1.0B1.1B
Retained Earnings(142.1M)(194.9M)(377.0M)(743.1M)(1.1B)(1.0B)
Accounts Payable26.9M53.1M69.0M55.3M56.0M39.4M
Cash276.0M159.1M733.3M309.9M190.5M244.6M
Non Current Assets Total48.3M135.8M327.4M455.8M401.6M421.7M
Non Currrent Assets Other855K5.9M6.8M23.4M75.4M79.2M
Cash And Short Term Investments276.0M159.1M733.3M309.9M190.5M244.6M
Net Receivables40.1M36.0M43.8M34.2M31.7M27.9M
Common Stock Shares Outstanding42.3M62.3M63.2M63.6M64.3M59.8M
Liabilities And Stockholders Equity451.9M468.0M1.4B1.1B774.5M601.0M
Non Current Liabilities Total20.1M11.9M1.2B1.2B1.2B1.3B
Inventory81.6M121.7M241.9M235.7M130.3M117.7M
Other Current Assets8.9M29.7M66.2M26.6M20.3M21.9M
Other Stockholder Equity526.2M560.2M510.0M544.4M573.1M410.9M
Total Liab67.8M100.9M1.2B1.3B1.3B1.4B
Property Plant And Equipment Gross47.5M129.9M312.5M430.1M478.3M502.3M
Total Current Assets403.6M332.2M1.1B606.5M372.8M405.1M
Accumulated Other Comprehensive Income0.01.7M(553K)(4.8M)(5.2M)(5.5M)
Short Term Debt11.1M31.3M9.1M3.8M3.7M3.5M
Net Tangible Assets384.1M367.1M132.5M(203.5M)(234.1M)(222.4M)
Other Assets855K20.5M66.0M108.8M125.2M131.4M
Long Term Debt30.4M19.6M1.1B1.1B1.1B633.0M
Capital Lease Obligations639K15.1M27.7M60.1M79.6M83.6M
Net Invested Capital414.7M392.1M1.3B930.1M624.2M572.2M
Net Working Capital355.9M243.3M957.9M530.6M298.5M393.6M
Property Plant Equipment47.5M129.9M253.3M344.6M396.3M416.1M

Also Currently Popular

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 Beyond Meat is a strong investment it is important to analyze Beyond Meat'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 Beyond Meat's future performance. For an informed investment choice regarding Beyond Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Meat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Packaged Foods & Meats 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 Beyond Meat. 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 Meat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.19)
Revenue Per Share
4.992
Quarterly Revenue Growth
0.076
Return On Assets
(0.14)
Return On Equity
(11.67)
The market value of Beyond Meat 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 Meat's value that differs from its market value or its book value, called intrinsic value, which is Beyond Meat'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 Meat's market value can be influenced by many factors that don't directly affect Beyond Meat'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 Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Meat'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.