BGC Non Currrent Assets Other vs Total Assets Analysis
BGC Stock | 9.17 0.13 1.44% |
BGC financial indicator trend analysis is way more than just evaluating BGC Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BGC Group is a good investment. Please check the relationship between BGC Non Currrent Assets Other and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BGC 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 price.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BGC Group Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BGC's Non Currrent Assets Other and Total Assets is -0.2. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of BGC Group, assuming nothing else is changed. The correlation between historical values of BGC's Non Currrent Assets Other and Total 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 Non Currrent Assets Other of BGC Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., BGC's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Total Assets
Total assets refers to the total amount of BGC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BGC Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from BGC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BGC 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BGC 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 price. At present, BGC's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.50, whereas Selling General Administrative is forecasted to decline to about 560.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 667.9M | 634.6M | 1.7B | 1.8B | Cost Of Revenue | 1.4B | 937.1M | 1.1B | 1.0B |
BGC fundamental ratios Correlations
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BGC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BGC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 3.9B | 3.3B | 3.1B | 3.2B | 1.8B | |
Short Long Term Debt Total | 1.2B | 1.3B | 1.1B | 1.1B | 1.3B | 727.8M | |
Other Current Liab | 1.4B | 1.1B | 911.1M | 605.9M | 396.3M | 243.7M | |
Total Current Liabilities | 1.8B | 1.6B | 1.4B | 1.1B | 929.1M | 762.7M | |
Total Stockholder Equity | 686.9M | 748.9M | 619.8M | 669.6M | 885.1M | 929.3M | |
Property Plant And Equipment Net | 204.8M | 214.8M | 190.1M | 183.5M | 302.5M | 243.7M | |
Net Debt | 746.2M | 726.1M | 502.8M | 566.1M | 682.2M | 470.2M | |
Retained Earnings | (1.2B) | (1.3B) | (1.2B) | (1.1B) | (1.1B) | (1.1B) | |
Accounts Payable | 12.0M | 11.8M | 1.3B | 1.6M | 76K | 72.2K | |
Cash | 415.4M | 593.6M | 553.6M | 485.0M | 655.6M | 688.4M | |
Non Current Assets Total | 1.6B | 1.6B | 1.4B | 1.4B | 2.5B | 2.6B | |
Non Currrent Assets Other | 340.2M | 355.1M | 309.9M | 310.6M | 1.1B | 1.2B | |
Cash And Short Term Investments | 472.9M | 652.2M | 594.4M | 485.0M | 655.6M | 688.4M | |
Net Receivables | 881.3M | 724.1M | 1.1B | 880.7M | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 472.2M | 546.8M | 540.0M | 499.4M | 490.0M | 514.5M | |
Liabilities And Stockholders Equity | 3.9B | 3.9B | 3.3B | 3.1B | 3.2B | 1.8B | |
Non Current Liabilities Total | 1.4B | 1.6B | 1.3B | 1.2B | 2.3B | 2.4B | |
Inventory | (3.7B) | (3.7B) | (3.3B) | (3.1B) | (3.1B) | (3.0B) | |
Other Current Assets | 261.2M | 308.7M | 32.6M | 51.7M | 17.3M | 16.4M | |
Other Stockholder Equity | 2.0B | 2.1B | 1.8B | 1.8B | 2.0B | 2.1B | |
Total Liab | 3.2B | 3.1B | 2.7B | 2.3B | 2.3B | 1.4B | |
Total Current Assets | 2.4B | 2.4B | 2.0B | 1.7B | 655.6M | 1.2B | |
Accumulated Other Comprehensive Income | (32.0M) | (28.9M) | (40.5M) | (45.4M) | (38.6M) | (36.7M) | |
Short Term Debt | 5.0M | 3.8M | 3.6M | 1.9M | 239.2M | 251.1M | |
Short Term Investments | 90.5M | 57.5M | 58.6M | 40.8M | 47.0M | 44.6M | |
Common Stock | 4.0M | 4.2M | 4.8M | 5.2M | 5.1M | 4.1M | |
Intangible Assets | 303.2M | 287.2M | 207.7M | 192.8M | 211.3M | 221.8M | |
Good Will | 555.3M | 556.2M | 486.9M | 486.6M | 506.3M | 531.7M | |
Other Assets | 136.2M | 153.7M | 157.3M | 172.0M | 197.8M | 207.7M |
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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 BGC Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BGC'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 Bgc Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bgc Group Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BGC 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 price. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Investment Banking & Brokerage 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 BGC. If investors know BGC 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 BGC 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 (0.11) | Dividend Share 0.07 | Earnings Share 0.23 | Revenue Per Share 4.49 | Quarterly Revenue Growth 0.16 |
The market value of BGC Group is measured differently than its book value, which is the value of BGC that is recorded on the company's balance sheet. Investors also form their own opinion of BGC's value that differs from its market value or its book value, called intrinsic value, which is BGC'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 BGC's market value can be influenced by many factors that don't directly affect BGC'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 BGC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BGC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BGC'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.