BCE Common Stock vs Inventory Analysis
BCE Stock | USD 27.02 0.25 0.93% |
BCE financial indicator trend analysis is way more than just evaluating BCE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BCE Inc is a good investment. Please check the relationship between BCE Common Stock and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Common Stock vs Inventory
Common Stock vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCE Inc Common Stock account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between BCE's Common Stock and Inventory is -0.75. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of BCE Inc, assuming nothing else is changed. The correlation between historical values of BCE's Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of BCE Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., BCE's Common Stock and Inventory go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock
Inventory
Most indicators from BCE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCE Inc 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 BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, BCE's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.9B | 16.5B | 7.4B | 9.8B | Total Revenue | 23.4B | 24.2B | 24.7B | 22.5B |
BCE fundamental ratios Correlations
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BCE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BCE fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.3B | 60.7B | 66.7B | 69.3B | 71.9B | 48.1B | |
Short Long Term Debt Total | 26.3B | 26.3B | 29.7B | 31.9B | 36.2B | 38.0B | |
Other Current Liab | 1.3B | 2.3B | 3.3B | 2.8B | 2.7B | 2.8B | |
Total Current Liabilities | 9.8B | 8.3B | 9.1B | 11.5B | 12.1B | 8.4B | |
Total Stockholder Equity | 21.2B | 21.0B | 22.6B | 22.2B | 20.2B | 16.2B | |
Property Plant And Equipment Net | 27.6B | 27.5B | 28.2B | 29.3B | 30.4B | 23.5B | |
Net Debt | 26.2B | 26.1B | 29.5B | 31.8B | 35.4B | 37.2B | |
Retained Earnings | (4.5B) | (4.7B) | (3.4B) | (3.6B) | (5.5B) | (5.2B) | |
Cash | 145M | 224M | 207M | 149M | 772M | 717.7M | |
Non Current Assets Total | 54.8B | 55.0B | 60.5B | 62.8B | 64.7B | 41.9B | |
Non Currrent Assets Other | 2.3B | 2.9B | 5.4B | 5.8B | 4.5B | 4.2B | |
Cash And Short Term Investments | 145M | 224M | 207M | 149M | 1.8B | 1.9B | |
Net Receivables | 4.1B | 4.2B | 4.4B | 4.6B | 4.5B | 2.8B | |
Common Stock Shares Outstanding | 901.4M | 904.4M | 906.7M | 912M | 912.2M | 826.2M | |
Liabilities And Stockholders Equity | 60.3B | 60.7B | 66.7B | 69.3B | 71.9B | 48.1B | |
Non Current Liabilities Total | 29.0B | 31.1B | 34.7B | 35.3B | 39.3B | 21.6B | |
Other Current Assets | 190M | 810M | 1.1B | 1.1B | 1.2B | 1.2B | |
Other Stockholder Equity | 1.2B | 1.2B | 1.1B | 1.2B | 1.3B | 1.2B | |
Total Liab | 38.8B | 39.3B | 43.8B | 46.8B | 51.4B | 29.9B | |
Property Plant And Equipment Gross | 27.6B | 27.5B | 82.1B | 83.6B | 86.8B | 91.2B | |
Total Current Assets | 5.5B | 5.7B | 6.2B | 6.5B | 7.3B | 4.5B | |
Accumulated Other Comprehensive Income | 161M | 103M | 213M | (55M) | (42M) | (44.1M) | |
Short Term Debt | 3.9B | 2.4B | 1.9B | 4.1B | 5.0B | 2.8B | |
Intangible Assets | 13.4B | 13.1B | 15.6B | 16.2B | 16.6B | 17.4B | |
Other Assets | 2.1B | 2.9B | 5.5B | 4.6B | 5.2B | 5.5B | |
Accounts Payable | 4.0B | 2.6B | 2.9B | 3.6B | 3.3B | 3.3B | |
Common Stock | 20.4B | 20.4B | 20.7B | 20.8B | 20.9B | 21.9B | |
Other Liab | 6.5B | 7.2B | 7.7B | 7.6B | 8.7B | 9.1B | |
Net Tangible Assets | (6.9B) | (6.7B) | (7.5B) | (8.8B) | (7.9B) | (7.5B) | |
Long Term Debt | 18.6B | 23.9B | 27.0B | 27.8B | 31.1B | 16.3B | |
Good Will | 10.7B | 10.6B | 10.6B | 10.9B | 10.9B | 8.9B | |
Common Stock Total Equity | 20.1B | 20.0B | 20.4B | 20.4B | 23.4B | 24.6B | |
Deferred Long Term Liab | 368M | 362M | 387M | 603M | 693.5M | 728.1M | |
Short Long Term Debt | 3.9B | 2.4B | 2.6B | 4.1B | 3.8B | 2.3B | |
Property Plant Equipment | 27.6B | 27.5B | 28.2B | 29.3B | 33.6B | 22.4B | |
Current Deferred Revenue | 683M | 717M | 799M | 857M | 811M | 768.3M | |
Long Term Debt Total | 22.4B | 23.9B | 27.0B | 27.8B | 32.0B | 23.5B |
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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 BCE Inc is a strong investment it is important to analyze BCE'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 BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Telecommunication Services 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 BCE. If investors know BCE 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 BCE 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 0.632 | Dividend Share 3.96 | Earnings Share 0.06 | Revenue Per Share 26.812 | Quarterly Revenue Growth (0.02) |
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE'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 BCE's market value can be influenced by many factors that don't directly affect BCE'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 BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE'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.