Baijiayun Accounts Payable vs Total Assets Analysis
| RTC Stock | 3.99 0.74 22.77% |
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 Accounts Payable and its Total 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.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baijiayun Group Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Baijiayun's Accounts Payable and Total Assets is 0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total 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 Accounts Payable 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 Accounts Payable of Baijiayun 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 Accounts Payable i.e., Baijiayun's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Baijiayun 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 Baijiayun Group 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.Total Assets
Total assets refers to the total amount of Baijiayun 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 Baijiayun 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 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 Multiple is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.3 B, whereas Selling General Administrative is forecasted to decline to about 16 M.
| 2020 | 2021 | 2022 | 2023 (projected) | Interest Expense | 1.3M | 341.8K | 183.3K | 511.4K | Depreciation And Amortization | 6.5M | 967.5K | 1.5M | 1.3M |
Baijiayun fundamental ratios Correlations
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Baijiayun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baijiayun fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 66.1M | 66.6M | 68.2M | 108.9M | 139.3M | 61.2M | |
| Short Long Term Debt Total | 16.4M | 15.1M | 12.2M | 1.3M | 13.2M | 9.2M | |
| Other Current Liab | 34.8M | 35.7M | 30.9M | 36.0M | 9.9M | 4.9M | |
| Total Current Liabilities | 37.1M | 36.5M | 33.1M | 49.3M | 39.4M | 35.7M | |
| Total Stockholder Equity | 28.6M | 29.8M | 34.9M | (12.1M) | 88.7M | 25.3M | |
| Property Plant And Equipment Net | 48.2M | 43.3M | 17.0M | 1.9M | 945.0K | 830.2K | |
| Current Deferred Revenue | 270.2K | 743.8K | 1.4M | 7.2M | 8.5M | 10.0M | |
| Net Debt | 15.1M | 6.4M | (5.1M) | (15.3M) | 2.0M | 456.2K | |
| Retained Earnings | (24.2M) | (22.2M) | (20.8M) | (18.4M) | (24.3M) | (106.2M) | |
| Accounts Payable | 3.0M | 2.8M | 3.9M | 23.3M | 22.8M | 10.1M | |
| Cash | 1.3M | 8.7M | 17.4M | 16.6M | 11.2M | 8.7M | |
| Non Current Assets Total | 51.2M | 45.8M | 19.7M | 34.0M | 42.1M | 11.3M | |
| Non Currrent Assets Other | 224.2K | 220.4K | 236.0K | 366.4K | 21.4M | 317.7K | |
| Cash And Short Term Investments | 1.3M | 8.7M | 17.4M | 24.5M | 16.6M | 8.7M | |
| Net Receivables | 3.4M | 3.9M | 5.0M | 22.8M | 36.9M | 24.1M | |
| Liabilities And Stockholders Equity | 66.1M | 66.6M | 68.2M | 108.9M | 139.3M | 61.2M | |
| Inventory | 3.6M | 3.4M | 3.9M | 1.8M | 5.6M | 4.7M | |
| Other Current Assets | 6.6M | 4.8M | 22.2M | 25.8M | 4.7M | 12.3M | |
| Other Stockholder Equity | 45.3M | 44.6M | 47.7M | (12.2M) | 66.4M | 133.1M | |
| Total Liab | 37.5M | 36.8M | 33.3M | 118.9M | 50.2M | 36.8M | |
| Total Current Assets | 14.9M | 20.8M | 48.5M | 74.9M | 97.2M | 49.9M | |
| Accumulated Other Comprehensive Income | 5.6M | 5.5M | 5.9M | 643.7K | (3.3M) | (1.6M) | |
| Short Term Debt | 16.4M | 15.1M | 12.2M | 774.3K | 3.1M | 8.7M | |
| Intangible Assets | 2.4M | 2.3M | 2.3M | 3.3M | 7.0M | 5.6M | |
| Common Stock | 1.9M | 1.9M | 2.0M | 17.9M | 50.0M | 1.9K | |
| Non Current Liabilities Total | 367.5K | 327.3K | 283.8K | 69.6M | 10.8M | 1.1M |
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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.