Baijiayun Inventory vs Total Current Assets Analysis

RTC Stock   9.44  0.29  3.17%   
Baijiayun financial indicator trend analysis is way more than just evaluating Baijiayun Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baijiayun Group is a good investment. Please check the relationship between Baijiayun Inventory and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Baijiayun 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 estimate.

Inventory vs Total Current Assets

Inventory vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baijiayun Group Inventory account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Baijiayun's Inventory and Total Current Assets is 0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Baijiayun Group, assuming nothing else is changed. The correlation between historical values of Baijiayun's Inventory 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 Inventory of Baijiayun Group 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 Inventory i.e., Baijiayun's Inventory and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

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 Baijiayun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baijiayun Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Baijiayun 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 estimate.
At present, Baijiayun's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 84.13, whereas Selling General Administrative is forecasted to decline to about 16 M.
 2021 2022 2023 (projected)
Interest Expense341.8K183.3K511.4K
Depreciation And Amortization967.5K1.5M1.7M

Baijiayun fundamental ratios Correlations

0.0-0.32-0.10.770.070.32-0.080.430.580.150.470.780.10.570.60.550.650.120.180.220.58-0.210.630.330.28
0.0-0.56-0.030.290.61-0.310.950.57-0.53-0.670.550.04-0.71-0.41-0.19-0.250.31-0.420.04-0.46-0.510.92-0.42-0.4-0.52
-0.32-0.560.43-0.420.01-0.41-0.37-0.19-0.14-0.01-0.12-0.42-0.07-0.32-0.24-0.24-0.550.22-0.080.2-0.21-0.31-0.23-0.270.1
-0.1-0.030.43-0.5-0.050.020.060.010.16-0.18-0.01-0.19-0.1-0.07-0.07-0.11-0.60.04-0.590.63-0.090.07-0.25-0.120.42
0.770.29-0.42-0.50.310.060.240.40.12-0.140.550.73-0.240.310.520.480.91-0.220.64-0.450.270.060.520.22-0.37
0.070.610.01-0.050.31-0.780.750.68-0.71-0.780.91-0.3-0.84-0.73-0.54-0.60.26-0.140.26-0.37-0.770.73-0.52-0.74-0.42
0.32-0.31-0.410.020.06-0.78-0.46-0.520.840.54-0.540.550.680.920.680.750.13-0.11-0.170.360.82-0.590.760.930.42
-0.080.95-0.370.060.240.75-0.460.54-0.64-0.860.66-0.1-0.86-0.55-0.31-0.360.23-0.50.1-0.47-0.680.93-0.49-0.5-0.57
0.430.57-0.190.010.40.68-0.520.54-0.29-0.340.780.16-0.54-0.37-0.14-0.280.240.15-0.13-0.03-0.290.64-0.41-0.64-0.03
0.58-0.53-0.140.160.12-0.710.84-0.64-0.290.64-0.370.620.70.920.750.770.070.14-0.220.620.92-0.730.780.780.68
0.15-0.67-0.01-0.18-0.14-0.780.54-0.86-0.340.64-0.670.240.930.580.360.38-0.090.58-0.20.420.77-0.690.430.470.54
0.470.55-0.12-0.010.550.91-0.540.660.78-0.37-0.670.06-0.72-0.4-0.22-0.30.45-0.110.25-0.19-0.450.57-0.22-0.52-0.22
0.780.04-0.42-0.190.73-0.30.55-0.10.160.620.240.060.170.760.910.870.61-0.20.22-0.040.73-0.260.730.610.01
0.1-0.71-0.07-0.1-0.24-0.840.68-0.86-0.540.70.93-0.720.170.660.310.38-0.130.49-0.180.50.76-0.760.510.60.62
0.57-0.41-0.32-0.070.31-0.730.92-0.55-0.370.920.58-0.40.760.660.840.890.3-0.020.010.330.95-0.70.90.920.41
0.6-0.19-0.24-0.070.52-0.540.68-0.31-0.140.750.36-0.220.910.310.840.990.37-0.290.160.050.81-0.490.810.760.08
0.55-0.25-0.24-0.110.48-0.60.75-0.36-0.280.770.38-0.30.870.380.890.990.38-0.310.220.030.83-0.570.870.850.07
0.650.31-0.55-0.60.910.260.130.230.240.07-0.090.450.61-0.130.30.370.38-0.160.69-0.490.240.060.530.27-0.38
0.12-0.420.220.04-0.22-0.14-0.11-0.50.150.140.58-0.11-0.20.49-0.02-0.29-0.31-0.16-0.290.50.23-0.23-0.12-0.230.58
0.180.04-0.08-0.590.640.26-0.170.1-0.13-0.22-0.20.250.22-0.180.010.160.220.69-0.29-0.73-0.04-0.080.380.14-0.67
0.22-0.460.20.63-0.45-0.370.36-0.47-0.030.620.42-0.19-0.040.50.330.050.03-0.490.5-0.730.4-0.380.080.130.97
0.58-0.51-0.21-0.090.27-0.770.82-0.68-0.290.920.77-0.450.730.760.950.810.830.240.23-0.040.4-0.740.830.810.49
-0.210.92-0.310.070.060.73-0.590.930.64-0.73-0.690.57-0.26-0.76-0.7-0.49-0.570.06-0.23-0.08-0.38-0.74-0.72-0.71-0.46
0.63-0.42-0.23-0.250.52-0.520.76-0.49-0.410.780.43-0.220.730.510.90.810.870.53-0.120.380.080.83-0.720.90.17
0.33-0.4-0.27-0.120.22-0.740.93-0.5-0.640.780.47-0.520.610.60.920.760.850.27-0.230.140.130.81-0.710.90.19
0.28-0.520.10.42-0.37-0.420.42-0.57-0.030.680.54-0.220.010.620.410.080.07-0.380.58-0.670.970.49-0.460.170.19
Click cells to compare fundamentals

Baijiayun Account Relationship Matchups

Baijiayun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets66.1M66.6M68.2M108.9M139.3M61.2M
Short Long Term Debt Total15.1M12.2M1.3M13.2M11.9M16.4M
Other Current Liab35.7M30.9M36.0M9.9M11.4M20.5M
Total Current Liabilities37.1M36.5M33.1M49.3M39.4M35.7M
Total Stockholder Equity28.6M29.8M34.9M(12.1M)88.7M25.3M
Property Plant And Equipment Net48.2M43.3M17.0M1.9M945.0K830.2K
Current Deferred Revenue743.8K1.4M7.2M8.5M9.8M10.3M
Net Debt6.4M(5.1M)(15.3M)2.0M1.8M1.7M
Retained Earnings(24.2M)(22.2M)(20.8M)(18.4M)(24.3M)(106.2M)
Accounts Payable3.0M2.8M3.9M23.3M22.8M10.1M
Cash1.3M8.7M17.4M16.6M11.2M8.7M
Non Current Assets Total51.2M45.8M19.7M34.0M42.1M11.3M
Non Currrent Assets Other224.2K220.4K236.0K366.4K21.4M317.7K
Cash And Short Term Investments8.7M17.4M24.5M16.6M19.1M10.7M
Net Receivables3.4M3.9M5.0M22.8M36.9M24.0M
Liabilities And Stockholders Equity66.6M68.2M108.9M139.3M160.2M105.3M
Inventory3.6M3.4M3.9M1.8M5.6M4.7M
Other Current Assets6.6M4.8M22.2M25.8M4.7M5.3M
Other Stockholder Equity44.6M47.7M(12.2M)66.4M59.8M33.2M
Total Liab37.5M36.8M33.3M118.9M50.2M36.8M
Total Current Assets14.9M20.8M48.5M74.9M97.2M49.9M
Accumulated Other Comprehensive Income5.5M5.9M643.7K(3.3M)(3.8M)(3.7M)
Short Term Debt15.1M12.2M774.3K3.1M2.8M2.6M
Intangible Assets2.4M2.3M2.3M3.3M7.0M5.6M
Common Stock1.9M2.0M17.9M50.0M57.5M60.3M
Non Current Liabilities Total367.5K327.3K283.8K69.6M10.8M1.1M

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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 Baijiayun Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Baijiayun'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 Baijiayun Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Baijiayun Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Baijiayun 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 estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Application Software 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 Baijiayun. If investors know Baijiayun 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 Baijiayun 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
(0.31)
Earnings Share
(4.25)
Revenue Per Share
3.105
Quarterly Revenue Growth
(0.25)
Return On Equity
(1.46)
The market value of Baijiayun Group is measured differently than its book value, which is the value of Baijiayun that is recorded on the company's balance sheet. Investors also form their own opinion of Baijiayun's value that differs from its market value or its book value, called intrinsic value, which is Baijiayun'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 Baijiayun's market value can be influenced by many factors that don't directly affect Baijiayun'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 Baijiayun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baijiayun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baijiayun'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.