Broadstone Other Current Assets vs Cash Analysis

BNL Stock  USD 17.52  0.08  0.46%   
Broadstone Net financial indicator trend analysis is way more than just evaluating Broadstone Net Lease prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadstone Net Lease is a good investment. Please check the relationship between Broadstone Net Other Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net Lease. 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.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadstone Net Lease Other Current Assets account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Broadstone Net's Other Current Assets and Cash is -0.91. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Broadstone Net Lease, assuming nothing else is changed. The correlation between historical values of Broadstone Net's Other Current Assets and Cash 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 Current Assets of Broadstone Net Lease are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Broadstone Net's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Cash

Cash refers to the most liquid asset of Broadstone Net Lease, which is listed under current asset account on Broadstone Net Lease balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Broadstone Net customers. The amounts must be unrestricted with restricted cash listed in a different Broadstone Net account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Broadstone Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadstone Net Lease 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 Broadstone Net Lease. 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, Broadstone Net's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 22.04 this year, although the value of Issuance Of Capital Stock will most likely fall to about 420.2 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization187.3M215.4M158.6M131.0M
Interest Income17K44K512K486.4K

Broadstone Net fundamental ratios Correlations

0.580.450.670.20.620.020.69-0.70.54-0.7-0.11-0.430.580.510.390.5-0.430.650.650.520.490.640.350.190.55
0.580.910.710.370.990.650.96-0.610.95-0.950.70.241.00.970.590.940.240.990.970.950.970.970.84-0.580.99
0.450.910.560.540.840.830.81-0.310.99-0.830.640.090.920.930.430.990.090.860.810.980.970.820.95-0.460.85
0.670.710.560.530.740.10.73-0.660.63-0.690.37-0.070.720.640.780.55-0.070.70.710.540.570.710.38-0.170.68
0.20.370.540.530.310.40.280.130.5-0.240.12-0.430.390.320.540.44-0.430.290.250.390.350.250.50.150.28
0.620.990.840.740.310.550.98-0.70.89-0.960.680.260.990.940.620.880.260.990.990.890.920.990.76-0.580.99
0.020.650.830.10.40.550.50.110.76-0.550.610.270.650.690.050.80.270.580.510.790.760.520.93-0.510.59
0.690.960.810.730.280.980.5-0.70.87-0.940.570.180.960.920.570.860.180.991.00.890.91.00.75-0.510.97
-0.7-0.61-0.31-0.660.13-0.70.11-0.7-0.420.75-0.35-0.2-0.6-0.51-0.51-0.38-0.2-0.67-0.7-0.4-0.47-0.69-0.140.35-0.67
0.540.950.990.630.50.890.760.87-0.42-0.880.620.070.950.960.50.990.070.910.870.980.980.870.91-0.440.9
-0.7-0.95-0.83-0.69-0.24-0.96-0.55-0.940.75-0.88-0.59-0.19-0.95-0.9-0.5-0.87-0.19-0.96-0.94-0.88-0.9-0.94-0.760.5-0.95
-0.110.70.640.370.120.680.610.57-0.350.62-0.590.780.70.710.370.640.780.630.620.630.710.630.57-0.940.73
-0.430.240.09-0.07-0.430.260.270.18-0.20.07-0.190.780.220.25-0.080.131.00.210.230.150.240.240.11-0.910.31
0.581.00.920.720.390.990.650.96-0.60.95-0.950.70.220.970.60.940.220.980.970.950.970.970.84-0.570.99
0.510.970.930.640.320.940.690.92-0.510.96-0.90.710.250.970.550.960.250.940.920.960.980.930.85-0.570.95
0.390.590.430.780.540.620.050.57-0.510.5-0.50.37-0.080.60.550.41-0.080.560.580.380.450.570.27-0.160.62
0.50.940.990.550.440.880.80.86-0.380.99-0.870.640.130.940.960.410.130.90.860.990.990.860.94-0.490.89
-0.430.240.09-0.07-0.430.260.270.18-0.20.07-0.190.781.00.220.25-0.080.130.210.230.150.240.240.11-0.910.31
0.650.990.860.70.290.990.580.99-0.670.91-0.960.630.210.980.940.560.90.210.990.920.930.990.8-0.550.99
0.650.970.810.710.250.990.511.0-0.70.87-0.940.620.230.970.920.580.860.230.990.880.91.00.75-0.560.98
0.520.950.980.540.390.890.790.89-0.40.98-0.880.630.150.950.960.380.990.150.920.880.990.890.93-0.510.9
0.490.970.970.570.350.920.760.9-0.470.98-0.90.710.240.970.980.450.990.240.930.90.990.910.9-0.580.93
0.640.970.820.710.250.990.521.0-0.690.87-0.940.630.240.970.930.570.860.240.991.00.890.910.75-0.570.98
0.350.840.950.380.50.760.930.75-0.140.91-0.760.570.110.840.850.270.940.110.80.750.930.90.75-0.440.78
0.19-0.58-0.46-0.170.15-0.58-0.51-0.510.35-0.440.5-0.94-0.91-0.57-0.57-0.16-0.49-0.91-0.55-0.56-0.51-0.58-0.57-0.44-0.64
0.550.990.850.680.280.990.590.97-0.670.9-0.950.730.310.990.950.620.890.310.990.980.90.930.980.78-0.64
Click cells to compare fundamentals

Broadstone Net Account Relationship Matchups

Broadstone Net fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.3B4.6B5.5B5.3B4.3B
Short Long Term Debt Total2.2B1.6B1.7B2.0B1.9B1.9B
Other Current Liab3.6M4.0M52.4M258.9M83.3M57.5M
Total Current Liabilities238.3M79.0M192.4M306.4M110.1M151.8M
Total Stockholder Equity1.7B2.3B2.6B3.1B3.0B2.2B
Other Liab92.2M87.2M70.6M62.9M72.3M83.0M
Net Tangible Assets1.3B1.7B1.9B2.4B2.8B1.6B
Property Plant And Equipment Net12.8M10.7M9.6M8.5M8.5M8.9M
Net Debt2.0B1.4B1.7B2.0B1.9B1.7B
Retained Earnings(208.3M)(259.7M)(318.5M)(386.0M)(440.7M)(418.7M)
Accounts Payable37.4M74.9M38.0M47.5M24.5M38.8M
Cash12.5M100.5M21.7M21.8M19.5M31.0M
Non Current Assets Total3.8B4.0B4.5B5.3B5.0B4.1B
Non Currrent Assets Other3.5B3.4B3.8B4.6B4.4B3.1B
Other Assets15.9M17.2M4.0B4.4B101.5M96.4M
Long Term Debt2.0B1.5B1.6B1.8B1.9B1.7B
Cash And Short Term Investments12.5M100.5M21.7M21.8M19.5M31.0M
Net Receivables85.5M103.7M118.2M137.0M154.2M106.1M
Common Stock Total Equity26K36K41K47K54.1K32.4K
Long Term Debt Total2.0B1.6B1.6B1.8B2.1B1.7B
Liabilities And Stockholders Equity3.9B4.3B4.6B5.5B5.3B4.3B
Non Current Liabilities Total1.9B1.7B1.7B1.9B2.0B1.7B
Capital Surpluse1.9B2.6B2.9B3.4B3.9B2.3B
Capital Lease Obligations81.7M85.9M92.2M79.7M91.6M85.2M
Other Current Assets(13.4M)(102.1M)(23.0M)(23.1M)(21.0M)(22.0M)
Other Stockholder Equity2.1B2.9B3.2B3.4B3.4B2.6B
Total Liab2.1B1.8B1.9B2.2B2.1B1.9B
Deferred Long Term Liab15.9M17.2M13.7M14.5M16.7M16.6M
Property Plant And Equipment Gross12.8M10.7M9.6M8.5M7.7M9.2M
Short Long Term Debt273M141.1M197.3M197.3M226.9M185.7M
Total Current Assets110.5M226.5M157.1M158.8M173.7M145.1M
Accumulated Other Comprehensive Income(20.1M)(66.3M)(28.4M)59.5M49.3M51.8M
Cash And Equivalents12.5M100.5M21.7M21.8M25.1M32.4M
Short Term Debt141.1M197.3M18.0M197.3M2.3M2.1M
Intangible Assets331.9M290.9M303.6M329.6M288.2M308.2M
Common Stock26K36K41K47K54.1K34.8K
Property Plant Equipment3.4B3.4B3.8B4.5B5.2B3.4B
Short Term Investments3.5B3.4B3.8B63.4M4.4B3.1B

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When determining whether Broadstone Net Lease is a strong investment it is important to analyze Broadstone Net's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadstone Net's future performance. For an informed investment choice regarding Broadstone Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net Lease. 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.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Diversified REITs 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 Broadstone Net. If investors know Broadstone 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 Broadstone Net 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
(0.29)
Dividend Share
1.15
Earnings Share
0.75
Revenue Per Share
2.268
Quarterly Revenue Growth
(0.01)
The market value of Broadstone Net Lease is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net'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 Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net'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 Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net'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.