Beam Common Stock Shares Outstanding vs Accounts Payable Analysis
BEEM Stock | USD 2.93 0.05 1.74% |
Beam Global financial indicator trend analysis is way more than just evaluating Beam Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beam Global is a good investment. Please check the relationship between Beam Global Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.
Common Stock Shares Outstanding vs Accounts Payable
Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Global Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beam Global's Common Stock Shares Outstanding and Accounts Payable is 0.83. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Beam Global, assuming nothing else is changed. The correlation between historical values of Beam Global's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Beam Global 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 Common Stock Shares Outstanding i.e., Beam Global's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Accounts Payable
An accounting item on the balance sheet that represents Beam Global 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 Beam Global 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 Beam Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beam Global 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 Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.At this time, Beam Global's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 14.7 K, while Enterprise Value Over EBITDA is likely to drop (5.81).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 125.1K | 1.1M | 1.9M | 2.0M | Income Tax Expense | 1K | 2K | 12K | 12.6K |
Beam Global fundamental ratios Correlations
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Beam Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beam Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3M | 32.9M | 30.7M | 37.7M | 77.6M | 81.5M | |
Short Long Term Debt Total | 572.9K | 2.4M | 2.1M | 1.7M | 1.3M | 1.6M | |
Total Current Liabilities | 1.5M | 1.8M | 3.0M | 13.2M | 16.9M | 17.7M | |
Total Stockholder Equity | 5.8M | 29.2M | 26.0M | 23.2M | 49.5M | 52.0M | |
Net Debt | (3.3M) | (24.3M) | (19.9M) | 17K | (9.1M) | (8.7M) | |
Retained Earnings | (45.8M) | (51.0M) | (57.6M) | (77.3M) | (93.4M) | (88.7M) | |
Accounts Payable | 485.0K | 727.9K | 1.6M | 2.9M | 9.7M | 10.2M | |
Cash | 3.8M | 26.7M | 21.9M | 1.7M | 10.4M | 10.9M | |
Cash And Short Term Investments | 3.8M | 26.7M | 21.9M | 1.7M | 10.4M | 10.9M | |
Common Stock Total Equity | 141.8K | 145.3K | 5.2K | 8.5K | 9.8K | 9.3K | |
Common Stock Shares Outstanding | 4.5M | 6.2M | 8.9M | 9.9M | 12.3M | 13.0M | |
Liabilities And Stockholders Equity | 7.3M | 32.9M | 30.7M | 37.7M | 77.6M | 81.5M | |
Other Stockholder Equity | 51.6M | 80.2M | 83.6M | 100.5M | 142.3M | 149.4M | |
Total Liab | 1.5M | 3.8M | 4.7M | 14.5M | 28.1M | 29.5M | |
Total Current Assets | 6.6M | 29.9M | 27.6M | 19.9M | 40.7M | 42.8M | |
Short Term Debt | 572.9K | 652.4K | 468K | 1.3M | 655K | 1.3M | |
Common Stock | 5.2K | 8.5K | 9.0K | 10K | 14K | 13.3K | |
Other Current Liab | 311.3K | 461.4K | 863K | 7.8M | 5.5M | 5.7M | |
Property Plant And Equipment Net | 419.4K | 2.7M | 2.7M | 3.2M | 17.5M | 18.4M | |
Current Deferred Revenue | 93.6K | 107K | 136K | 1.2M | 828K | 439.5K | |
Non Current Assets Total | 681.4K | 3M | 3.1M | 17.8M | 36.9M | 38.8M | |
Non Currrent Assets Other | 300.6K | 56.9K | 52K | 62K | 71.3K | 92.4K | |
Net Receivables | 766.2K | 1.8M | 3.9M | 4.4M | 16.1M | 16.9M | |
Inventory | 1.8M | 1.1M | 1.6M | 12.2M | 11.9M | 12.5M | |
Other Current Assets | 146.1K | 321.4K | 152K | 1.6M | 2.3M | 2.5M | |
Property Plant And Equipment Gross | 419.4K | 2.7M | 2.7M | 3.2M | 19.3M | 20.2M | |
Accumulated Other Comprehensive Income | (307.2K) | (346.4K) | 0.0 | 624K | 717.6K | 753.5K | |
Non Current Liabilities Total | 1.2M | 1.9M | 1.7M | 1.4M | 11.2M | 11.8M | |
Intangible Assets | 205.2K | 294K | 360K | 9.9M | 9.1M | 9.5M | |
Net Tangible Assets | (2.6M) | 5.6M | 28.9M | 25.6M | 29.5M | 30.9M | |
Other Assets | 300.6K | 56.9K | 52K | 62K | 55.8K | 95.5K | |
Short Long Term Debt | 2.6M | 2.9M | 223.7K | 40K | 36K | 34.2K | |
Property Plant Equipment | 133.2K | 419.4K | 2.7M | 2.7M | 3.1M | 3.2M | |
Net Invested Capital | 6.0M | 29.2M | 26.0M | 23.2M | 49.7M | 52.2M | |
Net Working Capital | 5.1M | 28.1M | 24.6M | 6.8M | 23.8M | 13.3M | |
Capital Stock | 5.2K | 8.5K | 9.0K | 10K | 14K | 25.6K |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electrical Components & Equipment 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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 4.612 | Quarterly Revenue Growth (0.17) | Return On Assets (0.14) | Return On Equity (0.34) |
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global'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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global'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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global'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.