Byrna Other Stockholder Equity vs Non Currrent Assets Other Analysis

BYRN Stock  USD 19.33  0.28  1.47%   
Byrna Technologies financial indicator trend analysis is way more than just evaluating Byrna Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Byrna Technologies is a good investment. Please check the relationship between Byrna Technologies Other Stockholder Equity and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.

Other Stockholder Equity vs Non Currrent Assets Other

Other Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Byrna Technologies Other Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Byrna Technologies' Other Stockholder Equity and Non Currrent Assets Other is 0.81. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Byrna Technologies, assuming nothing else is changed. The correlation between historical values of Byrna Technologies' Other Stockholder Equity and Non Currrent Assets Other 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 Stockholder Equity of Byrna Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Stockholder Equity i.e., Byrna Technologies' Other Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Byrna Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Byrna Technologies 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 Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.At this time, Byrna Technologies' Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 103.6 M, while Selling General Administrative is likely to drop about 1.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit26.3M23.6M27.2M28.6M
Total Revenue48.0M42.6M49.0M51.5M

Byrna Technologies fundamental ratios Correlations

0.160.850.840.99-0.86-0.860.940.910.91-0.350.940.350.970.850.990.12-0.360.890.930.930.910.840.90.990.72
0.160.090.270.120.03-0.420.260.050.050.220.350.680.260.340.140.920.220.110.250.230.230.340.260.110.2
0.850.090.960.8-0.68-0.830.920.720.720.090.830.260.830.940.84-0.030.080.720.810.780.760.730.750.780.52
0.840.270.960.78-0.57-0.90.940.640.640.110.90.360.880.990.820.140.090.680.880.850.850.80.850.780.67
0.990.120.80.78-0.89-0.810.90.940.94-0.430.910.320.960.790.990.1-0.430.910.90.920.880.810.871.00.71
-0.860.03-0.68-0.57-0.890.6-0.69-0.99-0.990.41-0.67-0.17-0.76-0.57-0.910.010.42-0.84-0.61-0.63-0.58-0.52-0.56-0.88-0.39
-0.86-0.42-0.83-0.9-0.810.6-0.9-0.67-0.67-0.02-0.95-0.53-0.93-0.91-0.83-0.32-0.01-0.75-0.89-0.88-0.87-0.82-0.87-0.81-0.72
0.940.260.920.940.9-0.69-0.90.750.75-0.160.940.450.940.950.910.15-0.170.790.960.940.920.930.930.890.67
0.910.050.720.640.94-0.99-0.670.751.0-0.40.750.230.830.640.950.05-0.40.880.70.720.670.590.650.930.5
0.910.050.720.640.94-0.99-0.670.751.0-0.40.750.230.830.640.950.05-0.40.880.70.720.670.590.650.930.5
-0.350.220.090.11-0.430.41-0.02-0.16-0.4-0.4-0.15-0.08-0.240.09-0.350.041.0-0.31-0.3-0.34-0.31-0.29-0.31-0.44-0.27
0.940.350.830.90.91-0.67-0.950.940.750.75-0.150.440.980.910.90.27-0.160.840.960.960.960.880.950.910.82
0.350.680.260.360.32-0.17-0.530.450.230.23-0.080.440.410.450.330.64-0.070.230.430.40.390.530.430.320.22
0.970.260.830.880.96-0.76-0.930.940.830.83-0.240.980.410.890.950.2-0.250.860.960.970.950.850.940.960.81
0.850.340.940.990.79-0.57-0.910.950.640.640.090.910.450.890.820.210.080.680.890.870.870.830.860.780.67
0.990.140.840.820.99-0.91-0.830.910.950.95-0.350.90.330.950.820.1-0.360.90.880.890.860.790.840.990.66
0.120.92-0.030.140.10.01-0.320.150.050.050.040.270.640.20.210.10.040.140.170.160.160.240.180.090.17
-0.360.220.080.09-0.430.42-0.01-0.17-0.4-0.41.0-0.16-0.07-0.250.08-0.360.04-0.33-0.31-0.34-0.32-0.3-0.32-0.45-0.28
0.890.110.720.680.91-0.84-0.750.790.880.88-0.310.840.230.860.680.90.14-0.330.780.790.750.720.750.90.58
0.930.250.810.880.9-0.61-0.890.960.70.7-0.30.960.430.960.890.880.17-0.310.781.00.990.951.00.90.82
0.930.230.780.850.92-0.63-0.880.940.720.72-0.340.960.40.970.870.890.16-0.340.791.01.00.920.990.920.86
0.910.230.760.850.88-0.58-0.870.920.670.67-0.310.960.390.950.870.860.16-0.320.750.991.00.911.00.890.88
0.840.340.730.80.81-0.52-0.820.930.590.59-0.290.880.530.850.830.790.24-0.30.720.950.920.910.940.80.64
0.90.260.750.850.87-0.56-0.870.930.650.65-0.310.950.430.940.860.840.18-0.320.751.00.991.00.940.880.85
0.990.110.780.781.0-0.88-0.810.890.930.93-0.440.910.320.960.780.990.09-0.450.90.90.920.890.80.880.73
0.720.20.520.670.71-0.39-0.720.670.50.5-0.270.820.220.810.670.660.17-0.280.580.820.860.880.640.850.73
Click cells to compare fundamentals

Byrna Technologies Account Relationship Matchups

Byrna Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.2M75.3M57.0M52.3M60.2M63.2M
Short Long Term Debt Total1.3M1.1M2.5M1.9M2.2M1.5M
Other Current Liab4.9M4.2M3.5M2.8M3.2M3.4M
Total Current Liabilities11.9M8.2M8.9M8.6M9.9M10.4M
Total Stockholder Equity8.4M66.1M46.0M42.3M48.7M51.1M
Net Debt(1.9M)(55.2M)(17.5M)(18.6M)(16.7M)(15.9M)
Retained Earnings(50.2M)(53.5M)(61.4M)(69.6M)(62.6M)(59.5M)
Accounts Payable2.4M2.8M3.8M2.6M3.0M3.2M
Cash3.2M56.3M20.1M20.5M23.6M24.8M
Cash And Short Term Investments3.2M56.3M20.1M20.5M23.6M24.8M
Common Stock Total Equity102.0K104.0K148.5K23K26.5K51.1K
Common Stock Shares Outstanding12.7M19.6M22.4M21.9M25.2M26.5M
Liabilities And Stockholders Equity21.2M75.3M57.0M52.3M60.2M63.2M
Non Current Liabilities Total942.8K1.0M2.1M1.3M1.6M999.9K
Other Stockholder Equity58.4M119.6M108.0M112.9M129.9M136.4M
Total Liab12.8M9.2M11.1M10.0M11.5M12.1M
Total Current Assets16.6M66.2M42.6M38.2M43.9M46.1M
Short Term Debt590.1K926K1.5M1.3M1.5M939.7K
Common Stock104.0K148.5K23K24K27.6K50.2K
Other Current Assets142.5K1.6M1.2M868K998.2K1.0M
Property Plant And Equipment Net3.0M4.4M8.0M6.8M7.8M8.2M
Non Current Assets Total4.6M9.2M14.4M14.1M16.2M17.0M
Property Plant And Equipment Gross3.0M4.4M8.0M8.5M9.7M10.2M
Accumulated Other Comprehensive Income28.1K(16K)(620K)(1.1M)(950.4K)(902.9K)
Net Receivables1.4M1.7M5.9M2.9M3.4M3.6M
Inventory4.8M6.6M15.5M13.9M16.0M16.8M
Net Tangible Assets(2.1M)6.9M65.3M43.7M50.3M52.8M
Non Currrent Assets Other108.6K318K272K1.5M1.7M1.8M
Other Assets288.9K727.8K1.6M2.5M2.9M3.1M
Property Plant Equipment321.3K1.2M2.0M3.3M3.8M4.0M
Current Deferred Revenue4.9M720K458K1.8M2.1M1.3M
Net Invested Capital8.6M66.1M46.0M42.3M48.7M26.4M
Net Working Capital4.7M58.0M33.7M29.6M34.0M19.9M
Capital Stock104.0K148.5K23K24K21.6K20.5K
Intangible Assets810.9K3.7M3.9M3.6M4.1M2.2M
When determining whether Byrna Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byrna Technologies' 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 Byrna Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byrna Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Byrna Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Byrna Stock, please use our How to Invest in Byrna Technologies guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Industrial Machinery & Supplies & Components 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 Byrna Technologies. If investors know Byrna 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 Byrna Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.11
Revenue Per Share
3.281
Quarterly Revenue Growth
1.943
Return On Assets
0.0197
Return On Equity
0.0528
The market value of Byrna Technologies is measured differently than its book value, which is the value of Byrna that is recorded on the company's balance sheet. Investors also form their own opinion of Byrna Technologies' value that differs from its market value or its book value, called intrinsic value, which is Byrna Technologies' 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 Byrna Technologies' market value can be influenced by many factors that don't directly affect Byrna Technologies' 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 Byrna Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Byrna Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byrna Technologies' 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.