Beyond Depreciation And Amortization vs Income Before Tax Analysis

BYND Stock

USD 6.40 0.06 0.95%

Beyond Meat financial indicator trend analysis is way more than just evaluating Beyond Meat prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Meat is a good investment. Please check the relationship between Beyond Meat Depreciation And Amortization and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Meat. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Meat Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.

The correlation between Beyond Meat's Depreciation And Amortization and Income Before Tax is -0.99. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Beyond Meat, assuming nothing else is changed. The correlation between historical values of Beyond Meat's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Beyond Meat are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Beyond Meat's Depreciation And Amortization and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Beyond Meat income statement and is an important metric when analyzing Beyond Meat profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Beyond Meat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Meat 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 Beyond Meat. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.The current year's Enterprise Value is expected to grow to about 3.1 B, whereas Selling General Administrative is forecasted to decline to about 122.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	3.6M	4.0M	4.0M	2.7M
Depreciation And Amortization	21.2M	49.4M	48.1M	50.5M

Interest Expense Depreciation And Amortization

Beyond Meat fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.88	0.99	0.93	-0.12	0.7	0.8	0.22	-0.74	0.96	0.8	0.7	0.86	0.8	0.9	0.85	0.86	0.84	0.99	0.94	0.89	0.86	0.86	0.94	0.31	0.85
Short Long Term Debt Total	0.88		0.86	0.74	-0.55	0.83	0.58	0.49	-0.92	0.81	0.67	0.83	0.81	0.67	0.68	0.68	0.85	1.0	0.84	0.79	0.7	1.0	0.98	0.78	-0.01	0.68
Other Current Liab	0.99	0.86		0.92	-0.08	0.64	0.8	0.15	-0.71	0.95	0.85	0.64	0.79	0.85	0.92	0.85	0.83	0.83	0.97	0.93	0.9	0.85	0.83	0.96	0.32	0.85
Total Current Liabilities	0.93	0.74	0.92		0.06	0.63	0.87	0.14	-0.66	0.99	0.75	0.63	0.73	0.75	0.95	0.92	0.89	0.69	0.93	0.92	0.96	0.73	0.78	0.89	0.61	0.92
Total Stockholder Equity	-0.12	-0.55	-0.08	0.06		-0.61	0.15	-0.77	0.67	-0.03	0.14	-0.6	-0.38	0.14	0.17	0.07	-0.3	-0.6	-0.04	0.03	0.08	-0.57	-0.56	0.08	0.55	0.06
Property Plant And Equipment Net	0.7	0.83	0.64	0.63	-0.61		0.54	0.84	-0.94	0.66	0.22	1.0	0.87	0.22	0.56	0.64	0.76	0.81	0.64	0.5	0.67	0.82	0.91	0.46	0.15	0.65
Current Deferred Revenue	0.8	0.58	0.8	0.87	0.15	0.54		0.14	-0.56	0.87	0.58	0.54	0.63	0.58	0.9	0.98	0.66	0.51	0.78	0.75	0.93	0.54	0.62	0.74	0.5	0.97
Net Debt	0.22	0.49	0.15	0.14	-0.77	0.84	0.14		-0.75	0.17	-0.3	0.84	0.57	-0.3	0.08	0.23	0.37	0.5	0.14	-0.03	0.24	0.49	0.61	-0.08	-0.11	0.24
Retained Earnings	-0.74	-0.92	-0.71	-0.66	0.67	-0.94	-0.56	-0.75		-0.71	-0.38	-0.94	-0.78	-0.38	-0.6	-0.67	-0.79	-0.91	-0.67	-0.58	-0.68	-0.91	-0.97	-0.55	-0.05	-0.68
Accounts Payable	0.96	0.81	0.95	0.99	-0.03	0.66	0.87	0.17	-0.71		0.78	0.66	0.77	0.78	0.93	0.91	0.91	0.76	0.95	0.95	0.94	0.79	0.82	0.91	0.51	0.91
Cash	0.8	0.67	0.85	0.75	0.14	0.22	0.58	-0.3	-0.38	0.78		0.22	0.42	1.0	0.76	0.62	0.61	0.65	0.83	0.91	0.64	0.66	0.56	0.95	0.19	0.62
Non Current Assets Total	0.7	0.83	0.64	0.63	-0.6	1.0	0.54	0.84	-0.94	0.66	0.22		0.87	0.22	0.56	0.64	0.76	0.81	0.65	0.5	0.67	0.82	0.91	0.46	0.15	0.65
Non Currrent Assets Other	0.86	0.81	0.79	0.73	-0.38	0.87	0.63	0.57	-0.78	0.77	0.42	0.87		0.42	0.64	0.68	0.83	0.8	0.83	0.69	0.72	0.81	0.84	0.64	0.18	0.68
Cash And Short Term Investments	0.8	0.67	0.85	0.75	0.14	0.22	0.58	-0.3	-0.38	0.78	1.0	0.22	0.42		0.76	0.62	0.61	0.65	0.83	0.91	0.64	0.66	0.56	0.95	0.19	0.62
Net Receivables	0.9	0.68	0.92	0.95	0.17	0.56	0.9	0.08	-0.6	0.93	0.76	0.56	0.64	0.76		0.95	0.73	0.62	0.89	0.86	0.98	0.65	0.71	0.89	0.59	0.95
Common Stock Total Equity	0.85	0.68	0.85	0.92	0.07	0.64	0.98	0.23	-0.67	0.91	0.62	0.64	0.68	0.62	0.95		0.73	0.61	0.83	0.79	0.98	0.64	0.73	0.79	0.52	1.0
Common Stock Shares Outstanding	0.86	0.85	0.83	0.89	-0.3	0.76	0.66	0.37	-0.79	0.91	0.61	0.76	0.83	0.61	0.73	0.73		0.83	0.87	0.86	0.78	0.84	0.88	0.75	0.4	0.73
Non Current Liabilities Total	0.84	1.0	0.83	0.69	-0.6	0.81	0.51	0.5	-0.91	0.76	0.65	0.81	0.8	0.65	0.62	0.61	0.83		0.8	0.76	0.64	1.0	0.96	0.74	-0.07	0.62
Inventory	0.99	0.84	0.97	0.93	-0.04	0.64	0.78	0.14	-0.67	0.95	0.83	0.65	0.83	0.83	0.89	0.83	0.87	0.8		0.97	0.87	0.83	0.81	0.96	0.36	0.83
Other Current Assets	0.94	0.79	0.93	0.92	0.03	0.5	0.75	-0.03	-0.58	0.95	0.91	0.5	0.69	0.91	0.86	0.79	0.86	0.76	0.97		0.82	0.78	0.74	0.97	0.37	0.79
Other Stockholder Equity	0.89	0.7	0.9	0.96	0.08	0.67	0.93	0.24	-0.68	0.94	0.64	0.67	0.72	0.64	0.98	0.98	0.78	0.64	0.87	0.82		0.67	0.76	0.82	0.6	0.98
Total Liab	0.86	1.0	0.85	0.73	-0.57	0.82	0.54	0.49	-0.91	0.79	0.66	0.82	0.81	0.66	0.65	0.64	0.84	1.0	0.83	0.78	0.67		0.97	0.77	-0.03	0.65
Property Plant And Equipment Gross	0.86	0.98	0.83	0.78	-0.56	0.91	0.62	0.61	-0.97	0.82	0.56	0.91	0.84	0.56	0.71	0.73	0.88	0.96	0.81	0.74	0.76	0.97		0.72	0.13	0.74
Total Current Assets	0.94	0.78	0.96	0.89	0.08	0.46	0.74	-0.08	-0.55	0.91	0.95	0.46	0.64	0.95	0.89	0.79	0.75	0.74	0.96	0.97	0.82	0.77	0.72		0.32	0.79
Short Term Debt	0.31	-0.01	0.32	0.61	0.55	0.15	0.5	-0.11	-0.05	0.51	0.19	0.15	0.18	0.19	0.59	0.52	0.4	-0.07	0.36	0.37	0.6	-0.03	0.13	0.32		0.52
Common Stock	0.85	0.68	0.85	0.92	0.06	0.65	0.97	0.24	-0.68	0.91	0.62	0.65	0.68	0.62	0.95	1.0	0.73	0.62	0.83	0.79	0.98	0.65	0.74	0.79	0.52

Click cells to compare fundamentals

Beyond Meat Account Relationship Matchups

Beyond Meat fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	451.9M	468.0M	1.0B	1.1B	774.5M	555.0M
Short Long Term Debt Total	31.2M	40.1M	1.2B	1.2B	1.2B	1.3B
Other Current Liab	9.7M	7.7M	20.5M	16.7M	14.6M	9.7M
Total Current Liabilities	47.7M	89.0M	94.2M	75.8M	74.4M	58.1M
Total Stockholder Equity	384.1M	367.1M	132.5M	(203.5M)	(513.4M)	(487.7M)
Property Plant And Equipment Net	47.5M	129.9M	21.9M	430.1M	386.1M	405.4M
Net Debt	(244.8M)	(119.0M)	(1.0B)	883.8M	1.0B	1.1B
Retained Earnings	(142.1M)	(194.9M)	(377.0M)	(743.1M)	(1.1B)	(1.0B)
Accounts Payable	26.9M	53.1M	69.0M	55.3M	56.0M	39.4M
Cash	276.0M	159.1M	1.0B	309.9M	190.5M	284.4M
Non Current Assets Total	48.3M	135.8M	21.9M	455.8M	401.6M	421.7M
Non Currrent Assets Other	855K	5.9M	6.8M	23.4M	13.8M	7.1M
Cash And Short Term Investments	276.0M	159.1M	1.0B	309.9M	190.5M	284.4M
Net Receivables	40.1M	36.0M	43.8M	34.2M	31.7M	27.9M
Common Stock Shares Outstanding	42.3M	62.3M	63.2M	63.6M	64.3M	59.8M
Liabilities And Stockholders Equity	451.9M	468.0M	1.0B	1.1B	774.5M	555.0M
Non Current Liabilities Total	20.1M	11.9M	1.2B	1.2B	1.2B	1.3B
Inventory	81.6M	121.7M	241.9M	235.7M	130.3M	117.7M
Other Current Assets	5.9M	15.4M	33.1M	20.7M	12.9M	13.1M
Other Stockholder Equity	526.2M	560.2M	510.0M	544.4M	573.1M	406.3M
Total Liab	67.8M	100.9M	1.2B	1.3B	1.3B	1.4B
Property Plant And Equipment Gross	47.5M	129.9M	312.5M	430.1M	478.3M	502.3M
Total Current Assets	403.6M	332.2M	1.0B	606.5M	372.8M	401.1M
Accumulated Other Comprehensive Income	0.0	1.7M	(553K)	(4.8M)	(5.2M)	(5.5M)
Short Term Debt	11.1M	28.2M	4.6M	3.8M	3.7M	3.5M
Net Tangible Assets	384.1M	367.1M	132.5M	(203.5M)	(234.1M)	(222.4M)
Other Assets	855K	20.5M	66.0M	108.8M	125.2M	131.4M
Long Term Debt	30.4M	19.6M	1.1B	1.1B	1.1B	633.0M
Capital Lease Obligations	639K	15.1M	27.7M	60.1M	79.6M	83.6M
Net Invested Capital	414.7M	392.1M	1.3B	930.1M	624.2M	572.2M
Net Working Capital	355.9M	243.3M	957.9M	530.6M	298.5M	393.6M
Property Plant Equipment	47.5M	129.9M	253.3M	344.6M	396.3M	416.1M

Beyond Meat Investors Sentiment

The influence of Beyond Meat's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Beyond. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Beyond Meat's public news can be used to forecast risks associated with an investment in Beyond. The trend in average sentiment can be used to explain how an investor holding Beyond can time the market purely based on public headlines and social activities around Beyond Meat. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Beyond Meat's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Beyond Meat's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Beyond Meat's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Beyond Meat.

Beyond Meat Implied Volatility

116.17

Beyond Meat's implied volatility exposes the market's sentiment of Beyond Meat stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Beyond Meat's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Beyond Meat stock will not fluctuate a lot when Beyond Meat's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Beyond Meat in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Beyond Meat's short interest history, or implied volatility extrapolated from Beyond Meat options trading.

Pair Trading with Beyond Meat

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beyond Meat position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beyond Meat will appreciate offsetting losses from the drop in the long position's value.

Moving against Beyond Stock

0.64

SENEB

Seneca Foods Corp

Pair Corr

The ability to find closely correlated positions to Beyond Meat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond Meat when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beyond Meat - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beyond Meat to buy it.

The correlation of Beyond Meat is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beyond Meat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond Meat moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Beyond Meat can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Beyond Meat is a strong investment it is important to analyze Beyond Meat'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 Beyond Meat's future performance. For an informed investment choice regarding Beyond Stock, refer to the following important reports:

How To Invest In Beyond

Details

Is Beyond Stock a good investment?

Details

What is Beyond Meat's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Meat. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Beyond Meat's price analysis, check to measure Beyond Meat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beyond Meat is operating at the current time. Most of Beyond Meat's value examination focuses on studying past and present price action to predict the probability of Beyond Meat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Meat's price. Additionally, you may evaluate how the addition of Beyond Meat to your portfolios can decrease your overall portfolio volatility.

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Is Beyond Meat's industry 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 Beyond Meat. If investors know Beyond 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 Beyond Meat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(5.26)

Revenue Per Share

5.34

Quarterly Revenue Growth

(0.08)

Return On Assets

(0.17)

Return On Equity

(11.67)

The market value of Beyond Meat is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Meat's value that differs from its market value or its book value, called intrinsic value, which is Beyond Meat'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 Beyond Meat's market value can be influenced by many factors that don't directly affect Beyond Meat'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 Beyond Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Meat'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.

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Beyond Depreciation And Amortization vs Income Before Tax Analysis

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Income Before Tax

Beyond Meat fundamental ratios Correlations

Beyond Meat Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beyond Meat fundamental ratios Accounts

Beyond Meat Investors Sentiment

Beyond Meat Implied Volatility

Pair Trading with Beyond Meat

Moving against Beyond Stock

Complementary Tools for Beyond Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total

Property Plant And Equipment Gross	- 0.97	Retained Earnings
Non Current Assets Total	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Property Plant And Equipment Net
Retained Earnings	- 0.92	Short Long Term Debt Total
Total Liab	- 0.91	Retained Earnings
Non Current Liabilities Total	- 0.91	Retained Earnings