BCE Non Current Assets Total vs Cash And Short Term Investments Analysis

BCE Stock  USD 26.84  0.16  0.60%   
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 Non Current Assets Total and its Cash And Short Term Investments 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.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCE Inc Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BCE's Non Current Assets Total and Cash And Short Term Investments is 0.16. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments 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 Assets Total of BCE Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., BCE's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of BCE Inc balance sheet. This account contains BCE investments that will expire within one year. These investments include stocks and bonds that can be liquidated by BCE Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Profit9.9B16.5B7.4B9.8B
Total Revenue23.4B24.2B24.7B22.5B

BCE fundamental ratios Correlations

0.830.390.860.960.990.84-0.410.071.00.550.180.90.90.98-0.460.63-0.740.990.630.880.540.890.72-0.410.84
0.830.540.720.760.861.0-0.380.30.810.660.590.630.750.8-0.310.84-0.670.820.850.690.430.960.9-0.450.82
0.390.540.090.320.450.540.460.050.370.890.310.470.110.490.480.770.110.420.720.56-0.160.380.72-0.710.1
0.860.720.090.830.810.72-0.630.420.860.230.340.620.890.76-0.580.38-0.80.850.440.690.880.830.46-0.180.85
0.960.760.320.830.950.77-0.420.00.960.450.040.860.940.89-0.510.52-0.780.920.50.770.530.870.62-0.410.87
0.990.860.450.810.950.87-0.360.040.990.60.210.90.880.97-0.410.67-0.710.980.650.870.490.890.76-0.440.83
0.841.00.540.720.770.87-0.370.270.820.670.570.650.760.81-0.30.84-0.670.820.850.70.420.960.91-0.450.82
-0.41-0.380.46-0.63-0.42-0.36-0.37-0.39-0.430.37-0.26-0.1-0.7-0.280.940.010.88-0.37-0.01-0.05-0.63-0.55-0.080.03-0.76
0.070.30.050.420.00.040.27-0.390.06-0.130.81-0.270.170.0-0.180.12-0.240.090.150.040.620.290.08-0.160.25
1.00.810.370.860.960.990.82-0.430.060.520.160.890.910.97-0.490.61-0.750.990.60.870.550.880.7-0.40.85
0.550.660.890.230.450.60.670.37-0.130.520.240.630.230.650.390.88-0.020.580.880.68-0.110.510.86-0.450.22
0.180.590.310.340.040.210.57-0.260.810.160.24-0.090.170.17-0.040.5-0.20.220.540.190.370.460.48-0.240.3
0.90.630.470.620.860.90.65-0.1-0.270.890.63-0.090.70.93-0.220.58-0.470.90.530.910.270.650.64-0.380.59
0.90.750.110.890.940.880.76-0.70.170.910.230.170.70.8-0.730.42-0.930.860.410.630.660.890.53-0.360.97
0.980.80.490.760.890.970.81-0.280.00.970.650.170.930.8-0.350.69-0.620.990.680.930.410.810.76-0.440.73
-0.46-0.310.48-0.58-0.51-0.41-0.30.94-0.18-0.490.39-0.04-0.22-0.73-0.350.090.88-0.420.07-0.12-0.51-0.51-0.050.04-0.75
0.630.840.770.380.520.670.840.010.120.610.880.50.580.420.690.09-0.30.650.940.670.040.710.95-0.540.48
-0.74-0.670.11-0.8-0.78-0.71-0.670.88-0.24-0.75-0.02-0.2-0.47-0.93-0.620.88-0.3-0.69-0.31-0.39-0.62-0.83-0.420.25-0.97
0.990.820.420.850.920.980.82-0.370.090.990.580.220.90.860.99-0.420.65-0.690.650.910.540.850.73-0.40.79
0.630.850.720.440.50.650.85-0.010.150.60.880.540.530.410.680.070.94-0.310.650.630.10.730.97-0.420.48
0.880.690.560.690.770.870.7-0.050.040.870.680.190.910.630.93-0.120.67-0.390.910.630.390.660.68-0.390.52
0.540.43-0.160.880.530.490.42-0.630.620.55-0.110.370.270.660.41-0.510.04-0.620.540.10.390.560.080.020.63
0.890.960.380.830.870.890.96-0.550.290.880.510.460.650.890.81-0.510.71-0.830.850.730.660.560.8-0.420.94
0.720.90.720.460.620.760.91-0.080.080.70.860.480.640.530.76-0.050.95-0.420.730.970.680.080.8-0.50.59
-0.41-0.45-0.71-0.18-0.41-0.44-0.450.03-0.16-0.4-0.45-0.24-0.38-0.36-0.440.04-0.540.25-0.4-0.42-0.390.02-0.42-0.5-0.34
0.840.820.10.850.870.830.82-0.760.250.850.220.30.590.970.73-0.750.48-0.970.790.480.520.630.940.59-0.34
Click cells to compare fundamentals

BCE Account Relationship Matchups

BCE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.3B60.7B66.7B69.3B71.9B48.1B
Short Long Term Debt Total26.3B26.3B29.7B31.9B36.2B38.0B
Other Current Liab1.3B2.3B3.3B2.8B2.7B2.8B
Total Current Liabilities9.8B8.3B9.1B11.5B12.1B8.4B
Total Stockholder Equity21.2B21.0B22.6B22.2B20.2B16.2B
Property Plant And Equipment Net27.6B27.5B28.2B29.3B30.4B23.5B
Net Debt26.2B26.1B29.5B31.8B35.4B37.2B
Retained Earnings(4.5B)(4.7B)(3.4B)(3.6B)(5.5B)(5.2B)
Cash145M224M207M149M772M717.7M
Non Current Assets Total54.8B55.0B60.5B62.8B64.7B41.9B
Non Currrent Assets Other2.3B2.9B5.4B5.8B4.5B4.2B
Cash And Short Term Investments145M224M207M149M1.8B1.9B
Net Receivables4.1B4.2B4.4B4.6B4.5B2.8B
Common Stock Shares Outstanding901.4M904.4M906.7M912M912.2M826.2M
Liabilities And Stockholders Equity60.3B60.7B66.7B69.3B71.9B48.1B
Non Current Liabilities Total29.0B31.1B34.7B35.3B39.3B21.6B
Other Current Assets190M810M1.1B1.1B1.2B1.2B
Other Stockholder Equity1.2B1.2B1.1B1.2B1.3B1.2B
Total Liab38.8B39.3B43.8B46.8B51.4B29.9B
Property Plant And Equipment Gross27.6B27.5B82.1B83.6B86.8B91.2B
Total Current Assets5.5B5.7B6.2B6.5B7.3B4.5B
Accumulated Other Comprehensive Income161M103M213M(55M)(42M)(44.1M)
Short Term Debt3.9B2.4B1.9B4.1B5.0B2.8B
Intangible Assets13.4B13.1B15.6B16.2B16.6B17.4B
Other Assets2.1B2.9B5.5B4.6B5.2B5.5B
Accounts Payable4.0B2.6B2.9B3.6B3.3B3.3B
Common Stock20.4B20.4B20.7B20.8B20.9B21.9B
Other Liab6.5B7.2B7.7B7.6B8.7B9.1B
Net Tangible Assets(6.9B)(6.7B)(7.5B)(8.8B)(7.9B)(7.5B)
Long Term Debt18.6B23.9B27.0B27.8B31.1B16.3B
Good Will10.7B10.6B10.6B10.9B10.9B8.9B
Common Stock Total Equity20.1B20.0B20.4B20.4B23.4B24.6B
Deferred Long Term Liab368M362M387M603M693.5M728.1M
Short Long Term Debt3.9B2.4B2.6B4.1B3.8B2.3B
Property Plant Equipment27.6B27.5B28.2B29.3B33.6B22.4B
Current Deferred Revenue683M717M799M857M811M768.3M
Long Term Debt Total22.4B23.9B27.0B27.8B32.0B23.5B

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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.