Badger Retained Earnings vs Other Current Assets Analysis
BDGI Stock | 35.83 0.03 0.08% |
Badger Infrastructure financial indicator trend analysis is way more than just evaluating Badger Infrastructure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Badger Infrastructure is a good investment. Please check the relationship between Badger Infrastructure Retained Earnings and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Badger Infrastructure Solutions. 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.
Retained Earnings vs Other Current Assets
Retained Earnings vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Badger Infrastructure Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Badger Infrastructure's Retained Earnings and Other Current Assets is 0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Badger Infrastructure Solutions, assuming nothing else is changed. The correlation between historical values of Badger Infrastructure's Retained Earnings and Other 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 Retained Earnings of Badger Infrastructure Solutions are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., Badger Infrastructure's Retained Earnings and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Badger Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Badger Infrastructure 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 Badger Infrastructure Solutions. 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. At this time, Badger Infrastructure's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 21st of December 2024, Enterprise Value Multiple is likely to grow to 11.17, while Selling General Administrative is likely to drop about 40.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.5M | 8.1M | 22.9M | 24.1M | Depreciation And Amortization | 71.6M | 77.6M | 94.3M | 99.0M |
Badger Infrastructure fundamental ratios Correlations
Click cells to compare fundamentals
Badger Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Badger Infrastructure fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 669.0M | 622.9M | 606.4M | 533M | 868.2M | 911.6M | |
Short Long Term Debt Total | 180.8M | 146.9M | 172.5M | 166.0M | 278.1M | 292.0M | |
Other Current Liab | 64.9M | 64.4M | 2.1M | 71.2M | 117.6M | 123.5M | |
Total Current Liabilities | 131.1M | 118.2M | 129.6M | 104.3M | 182.5M | 191.6M | |
Total Stockholder Equity | 330.7M | 328.5M | 281.2M | 222.8M | 323.0M | 339.2M | |
Property Plant And Equipment Net | 418.5M | 401.9M | 390.9M | 328.3M | 535.1M | 561.9M | |
Net Debt | 172.0M | 129.6M | 167.2M | 160.6M | 266.9M | 280.2M | |
Retained Earnings | 227.9M | 230.0M | 184.3M | 159.3M | 241.8M | 253.9M | |
Accounts Payable | 28.0M | 16.5M | 19.5M | 24.4M | 39.1M | 41.1M | |
Cash | 8.8M | 17.3M | 5.2M | 5.4M | 11.2M | 11.6M | |
Non Current Assets Total | 450.5M | 434.2M | 422.5M | 351.3M | 605.1M | 635.4M | |
Cash And Short Term Investments | 8.8M | 17.3M | 5.2M | 5.4M | 11.2M | 11.6M | |
Net Receivables | 191.8M | 153.5M | 157.8M | 141.5M | 218.5M | 229.5M | |
Common Stock Shares Outstanding | 35.8M | 34.9M | 34.6M | 34.5M | 39.6M | 36.0M | |
Liabilities And Stockholders Equity | 669.0M | 622.9M | 606.4M | 533M | 868.2M | 911.6M | |
Non Current Liabilities Total | 207.2M | 176.2M | 195.6M | 205.8M | 362.7M | 380.8M | |
Inventory | 8.3M | 9.3M | 13.6M | 25.2M | 17.6M | 18.5M | |
Other Stockholder Equity | 435.8K | 402.3K | 548K | 422K | 556.4K | 528.6K | |
Total Liab | 338.3M | 294.4M | 325.2M | 310.2M | 545.2M | 572.4M | |
Total Current Assets | 218.5M | 188.7M | 183.9M | 181.7M | 263.1M | 276.3M | |
Accumulated Other Comprehensive Income | 23.2M | 19.1M | 18.4M | (3.9M) | (7.6M) | (7.2M) | |
Short Term Debt | 38.2M | 37.2M | 39.1M | 8.8M | 19.9M | 10.1M | |
Intangible Assets | 30.4M | 30.7M | 30.0M | 21.8M | 23.6M | 12.8M | |
Other Current Assets | 9.6M | 8.5M | 7.3M | 9.6M | 15.8M | 16.5M | |
Common Stock | 79.0M | 78.9M | 78.0M | 67.0M | 88.3M | 61.7M | |
Long Term Debt | 131.2M | 99.9M | 121.2M | 138.9M | 163.7M | 127.1M | |
Long Term Debt Total | 142.6M | 109.7M | 133.3M | 157.2M | 180.8M | 127.7M | |
Property Plant Equipment | 418.5M | 401.9M | 390.9M | 328.3M | 377.6M | 380.0M | |
Other Liab | 64.6M | 66.5M | 62.3M | 48.6M | 55.9M | 60.4M | |
Net Tangible Assets | 298.7M | 296.2M | 249.6M | 199.8M | 179.8M | 227.3M | |
Net Invested Capital | 494.3M | 460.2M | 434.1M | 361.7M | 408.7M | 347.5M | |
Net Working Capital | 87.4M | 70.5M | 54.3M | 77.3M | 61.1M | 69.5M | |
Capital Stock | 60.5M | 61.8M | 61.2M | 67.0M | 77.0M | 69.3M |
Pair Trading with Badger Infrastructure
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Badger Infrastructure position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Badger Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving against Badger Stock
0.61 | NOA | North American Const | PairCorr |
0.44 | ERE-UN | European Residential Real | PairCorr |
0.35 | VLE | Valeura Energy | PairCorr |
0.33 | RX | Biosyent | PairCorr |
0.31 | QNC | Quantum Numbers | PairCorr |
The ability to find closely correlated positions to Badger Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Badger Infrastructure when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Badger Infrastructure - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Badger Infrastructure Solutions to buy it.
The correlation of Badger Infrastructure is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Badger Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Badger Infrastructure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Badger Infrastructure can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Badger Stock
Balance Sheet is a snapshot of the financial position of Badger Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Badger Infrastructure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Badger Infrastructure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Badger currently owns. An asset can also be divided into two categories, current and non-current.