Bank Non Current Liabilities Total vs Total Cash From Operating Activities Analysis
BAC Stock | USD 46.00 0.25 0.55% |
Bank of America financial indicator trend analysis is way more than just evaluating Bank of America prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of America is a good investment. Please check the relationship between Bank of America Non Current Liabilities Total and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
Non Current Liabilities Total vs Total Cash From Operating Activities
Non Current Liabilities Total vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of America Non Current Liabilities Total account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of America's Non Current Liabilities Total and Total Cash From Operating Activities is -0.03. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Bank of America, assuming nothing else is changed. The correlation between historical values of Bank of America's Non Current Liabilities Total and Total Cash From Operating Activities 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 Current Liabilities Total of Bank of America are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Non Current Liabilities Total i.e., Bank of America's Non Current Liabilities Total and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Total Cash From Operating Activities
Most indicators from Bank of America's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of America 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 Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.At present, Bank of America'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 15.38, whereas Tax Provision is forecasted to decline to about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.7B | 20.1B | 73.3B | 77.0B | Depreciation And Amortization | 1.9B | 2.0B | 2.0B | 1.6B |
Bank of America fundamental ratios Correlations
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Bank of America Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of America fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4T | 2.8T | 3.2T | 3.1T | 3.2T | 1.7T | |
Short Long Term Debt Total | 386.6B | 399.1B | 303.9B | 302.9B | 334.3B | 285.8B | |
Other Current Liab | (24.2B) | (19.3B) | (23.8B) | (26.9B) | 825.4B | 866.7B | |
Total Current Liabilities | 24.2B | 19.3B | 23.8B | 26.9B | 857.5B | 900.4B | |
Total Stockholder Equity | 264.8B | 272.9B | 270.1B | 273.2B | 291.6B | 166.8B | |
Property Plant And Equipment Net | 10.6B | 11B | 10.8B | 11.5B | 11.9B | 9.4B | |
Net Debt | 96.4B | (104.8B) | (51.5B) | 65.5B | (7.1B) | (6.8B) | |
Retained Earnings | 156.3B | 164.1B | 188.1B | 207.0B | 224.7B | 235.9B | |
Cash | 168.7B | 387.0B | 355.4B | 237.5B | 327.5B | 343.8B | |
Non Current Assets Total | 781.5B | 963.7B | 1.3T | 1.2T | 2.8T | 3.0T | |
Non Currrent Assets Other | (781.5B) | (963.7B) | (1.3T) | (1.2T) | 1.7T | 1.8T | |
Cash And Short Term Investments | 414.3B | 621.5B | 654.5B | 458.3B | 327.5B | 279.3B | |
Net Receivables | 55.9B | 64.2B | 72.7B | 67.4B | 96.7B | 51.2B | |
Common Stock Shares Outstanding | 9.4B | 8.8B | 8.6B | 8.2B | 8.1B | 6.6B | |
Liabilities And Stockholders Equity | 2.4T | 2.8T | 3.2T | 3.1T | 3.2T | 1.7T | |
Non Current Liabilities Total | 240.9B | 262.9B | 280.1B | 2.5T | 2.8T | 3.0T | |
Other Current Assets | 1.3T | 1.2T | 1.2T | 133.8B | 981.4B | 762.1B | |
Other Stockholder Equity | 23.4B | 24.5B | (5.1B) | (21.2B) | (24.3B) | (23.1B) | |
Total Liab | 2.2T | 2.5T | 2.9T | 2.8T | 2.9T | 1.5T | |
Property Plant And Equipment Gross | 9.2B | 9.9B | 10.6B | 11B | 12.7B | 9.1B | |
Total Current Assets | 490.0B | 702.7B | 742.0B | 539.3B | 36.2B | 34.4B | |
Short Term Debt | 24.2B | 19.3B | 23.8B | 26.9B | 32.1B | 50.1B | |
Common Stock Total Equity | 91.7B | 86.0B | 62.4B | 59.0B | 67.8B | 94.8B | |
Accumulated Other Comprehensive Income | (6.6B) | (1.7B) | (5.1B) | (21.2B) | (17.8B) | (16.9B) | |
Common Stock | 91.7B | 86.0B | 62.4B | 59.0B | 56.4B | 93.5B | |
Other Liab | 5.3B | 11.1B | 6.7B | 5.6B | 5.1B | 4.8B | |
Accounts Payable | 182.8B | 181.8B | 2.1T | 224.1B | 201.7B | 352.2B | |
Other Assets | 1.2T | 1.2T | 1.1T | 1.3T | 319.6B | 303.6B | |
Long Term Debt | 240.9B | 262.9B | 280.1B | 276.0B | 302.2B | 282.8B | |
Short Term Investments | 245.6B | 234.5B | 299.2B | 220.8B | 266.6B | 236.1B | |
Inventory | 285M | 164M | 130M | 170M | (68.8B) | (72.2B) | |
Preferred Stock Total Equity | 23.4B | 24.5B | 24.7B | 28.4B | 32.7B | 17.3B | |
Intangible Assets | 1.7B | 1.6B | 2.2B | 2.1B | 400M | 380M | |
Property Plant Equipment | 10.6B | 11B | 10.8B | 11.5B | 13.2B | 11.1B | |
Retained Earnings Total Equity | 156.3B | 164.1B | 188.1B | 207.0B | 238.1B | 250.0B | |
Net Tangible Assets | 195.9B | 204.0B | 176.3B | 204.2B | 234.8B | 192.0B | |
Long Term Debt Total | 362.4B | 379.8B | 280.1B | 276.0B | 248.4B | 297.6B | |
Long Term Investments | 702.0B | 883.7B | 1.2T | 1.2T | 1.0T | 968.6B | |
Non Current Liabilities Other | 165.1B | 170.3B | 192.3B | 195.6B | 176.1B | 159.2B |
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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 Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America'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 Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Banks 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 Bank of America. If investors know Bank 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 Bank of America 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 (0.10) | Dividend Share 0.98 | Earnings Share 2.76 | Revenue Per Share 11.95 | Quarterly Revenue Growth (0.01) |
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America'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 Bank of America's market value can be influenced by many factors that don't directly affect Bank of America'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 Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America'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.