Baijiayun Other Current Liab vs Total Current Liabilities Analysis
| RTC Stock | 4.12 0.82 24.85% |
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 Other Current Liab and its Total Current Liabilities 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.
Other Current Liab vs Total Current Liabilities
Other Current Liab vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baijiayun Group Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Baijiayun's Other Current Liab and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Other Current Liab and Total Current Liabilities 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 Liab of Baijiayun Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Baijiayun's Other Current Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Current Liab
Total Current Liabilities
Total Current Liabilities is an item on Baijiayun balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Baijiayun Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.