Berkshire Total Current Assets vs Short Term Investments Analysis

BHLB Stock  USD 31.32  0.10  0.32%   
Berkshire Hills financial indicator trend analysis is way more than just evaluating Berkshire Hills Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hills Bancorp is a good investment. Please check the relationship between Berkshire Hills Total Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hills Bancorp Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Berkshire Hills' Total Current Assets and Short Term Investments is 0.1. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Berkshire Hills Bancorp, assuming nothing else is changed. The correlation between historical values of Berkshire Hills' Total Current Assets 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 Total Current Assets of Berkshire Hills Bancorp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Berkshire Hills' Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Investments

Short Term Investments is an item under the current assets section of Berkshire Hills balance sheet. It contains any investments Berkshire Hills Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Berkshire Hills Bancorp can easily liquidate in the marketplace.
Most indicators from Berkshire Hills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hills Bancorp 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 Berkshire Hills Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 260.9 M, whereas Discontinued Operations is projected to grow to (17 M).
 2021 2022 2023 2024 (projected)
Interest Expense37.9M42.7M207.3M217.6M
Depreciation And Amortization16.2M14.7M13.3M8.7M

Berkshire Hills fundamental ratios Correlations

0.250.070.90.880.1-0.070.120.340.060.790.780.980.090.10.560.890.680.240.030.58-0.550.620.60.190.81
0.250.00.470.470.80.66-0.13-0.1-0.13-0.03-0.050.14-0.110.79-0.240.18-0.310.780.93-0.160.190.830.270.770.03
0.070.0-0.070.08-0.59-0.230.990.930.99-0.170.50.00.99-0.230.260.40.36-0.350.02-0.14-0.240.07-0.04-0.350.54
0.90.47-0.070.860.360.3-0.050.15-0.10.640.580.87-0.060.320.390.780.430.450.190.44-0.470.720.740.550.65
0.880.470.080.860.290.120.090.270.040.610.570.840.080.280.470.750.460.380.230.52-0.210.630.60.40.66
0.10.8-0.590.360.290.67-0.69-0.65-0.690.03-0.380.05-0.670.78-0.39-0.14-0.510.830.75-0.080.330.60.20.82-0.34
-0.070.66-0.230.30.120.67-0.32-0.39-0.3-0.43-0.42-0.16-0.290.57-0.45-0.2-0.490.530.58-0.560.230.470.240.92-0.32
0.12-0.130.99-0.050.09-0.69-0.320.961.0-0.10.580.081.0-0.340.350.460.47-0.44-0.13-0.07-0.320.0-0.01-0.430.61
0.34-0.10.930.150.27-0.65-0.390.960.950.160.750.310.95-0.330.510.660.62-0.38-0.150.15-0.450.110.12-0.420.78
0.06-0.130.99-0.10.04-0.69-0.31.00.95-0.160.530.011.0-0.340.310.40.41-0.45-0.12-0.1-0.28-0.03-0.03-0.430.55
0.79-0.03-0.170.640.610.03-0.43-0.10.16-0.160.640.86-0.14-0.090.610.710.640.1-0.160.8-0.450.30.36-0.130.64
0.78-0.050.50.580.57-0.38-0.420.580.750.530.640.770.55-0.190.680.940.84-0.12-0.210.53-0.720.370.47-0.250.97
0.980.140.00.870.840.05-0.160.080.310.010.860.770.040.010.560.870.720.17-0.070.64-0.540.510.570.10.8
0.09-0.110.99-0.060.08-0.67-0.291.00.951.0-0.140.550.04-0.330.330.430.42-0.44-0.12-0.08-0.3-0.010.02-0.40.57
0.10.79-0.230.320.280.780.57-0.34-0.33-0.34-0.09-0.190.01-0.33-0.45-0.04-0.480.970.78-0.040.190.650.070.71-0.17
0.56-0.240.260.390.47-0.39-0.450.350.510.310.610.680.560.33-0.450.660.74-0.34-0.390.61-0.380.050.33-0.270.71
0.890.180.40.780.75-0.14-0.20.460.660.40.710.940.870.43-0.040.660.810.06-0.020.5-0.620.540.550.00.97
0.68-0.310.360.430.46-0.51-0.490.470.620.410.640.840.720.42-0.480.740.81-0.36-0.390.41-0.540.110.19-0.390.87
0.240.78-0.350.450.380.830.53-0.44-0.38-0.450.1-0.120.17-0.440.97-0.340.06-0.360.750.080.130.710.130.73-0.1
0.030.930.020.190.230.750.58-0.13-0.15-0.12-0.16-0.21-0.07-0.120.78-0.39-0.02-0.390.75-0.310.330.73-0.10.6-0.14
0.58-0.16-0.140.440.52-0.08-0.56-0.070.15-0.10.80.530.64-0.08-0.040.610.50.410.08-0.31-0.360.050.39-0.210.48
-0.550.19-0.24-0.47-0.210.330.23-0.32-0.45-0.28-0.45-0.72-0.54-0.30.19-0.38-0.62-0.540.130.33-0.36-0.24-0.480.15-0.63
0.620.830.070.720.630.60.470.00.11-0.030.30.370.51-0.010.650.050.540.110.710.730.05-0.240.390.620.39
0.60.27-0.040.740.60.20.24-0.010.12-0.030.360.470.570.020.070.330.550.190.13-0.10.39-0.480.390.450.45
0.190.77-0.350.550.40.820.92-0.43-0.42-0.43-0.13-0.250.1-0.40.71-0.270.0-0.390.730.6-0.210.150.620.45-0.15
0.810.030.540.650.66-0.34-0.320.610.780.550.640.970.80.57-0.170.710.970.87-0.1-0.140.48-0.630.390.45-0.15
Click cells to compare fundamentals

Berkshire Hills Account Relationship Matchups

Berkshire Hills fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.2B12.8B11.6B11.7B12.4B6.4B
Short Long Term Debt Total827.6M571.6M110.8M125.5M568.3M586.0M
Total Current Liabilities136.6M43.9M775K1.6M9.6B10.0B
Total Stockholder Equity1.8B1.2B1.2B954.1M1.0B726.3M
Property Plant And Equipment Net120.4M112.7M94.4M85.2M116.3M67.5M
Net Debt722.1M480.4M1.5M(19.8M)(635.0M)(603.2M)
Retained Earnings361.1M(233.3M)(139.4M)(71.4M)(33.1M)(31.5M)
Cash105.4M91.2M109.4M145.3M1.2B1.3B
Non Current Assets Total2.9B3.8B4.2B2.8B11.2B11.8B
Non Currrent Assets Other(51.2M)(80.7M)(69.8M)(2.3M)9.5B10.0B
Cash And Short Term Investments1.9B3.3B3.5B2.1B1.2B916.5M
Net Receivables60.2M87.7M64.1M81.3M86.7M91.0M
Common Stock Shares Outstanding49.4M50.3M49.6M45.9M43.5M25.3M
Liabilities And Stockholders Equity13.2B12.8B11.6B11.7B12.4B6.4B
Non Current Liabilities Total827.6M571.6M110.8M1.6M11.2B11.7B
Other Current Assets652.6M2.0B1.7B776.6M1.3B1.2B
Other Stockholder Equity1.3B1.4B1.3B1.2B1.2B1.2B
Total Liab11.5B11.7B10.4B10.7B11.4B12.0B
Property Plant And Equipment Gross196.7M172.7M235.4M298.5M213.7M224.4M
Total Current Assets1.9B3.3B3.6B2.2B1.2B1.1B
Accumulated Other Comprehensive Income12.0M30.9M(3.2M)(181.1M)(143.0M)(135.9M)
Short Term Debt125M40M14.8M10.8M270.6M361.2M
Other Liab82.7M232.7M192.7M88.6M101.9M70.5M
Accounts Payable11.6M3.9M775K1.6M12.4M11.7M
Other Assets8.4B5.7B3.8B6.7B7.7B5.4B
Long Term Debt702.6M571.6M110.8M125.5M246.6M256.8M
Good Will553.8M0.0(16.0M)(13.0M)(15.0M)(14.3M)
Short Term Investments1.8B3.2B3.4B2.0B1.0B944.1M
Inventory(652.6M)(2.0B)(1.7B)(776.6M)61.5M64.6M
Intangible Assets45.6M34.8M45.6M37.5M31.8M22.9M
Common Stock1.5B517K528K1.2B607.2K576.8K
Property Plant Equipment121.5M112.8M94.4M85.2M98.0M67.7M
Treasury Stock(22.0M)(69.6M)(31.3M)(89.9M)(80.9M)(76.8M)
Other Current Liab(136.6M)(43.9M)13.3M7.6M(282.9M)(268.8M)
Net Tangible Assets1.1B1.2B1.2B929.6M1.1B824.9M
Retained Earnings Total Equity361.1M(233.3M)(139.4M)(71.4M)(64.3M)(61.1M)
Capital Surpluse1.4B1.4B1.4B1.4B1.6B1.1B
Long Term Investments11.2B2.2B4.1B2.6B1.6B1.5B

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When determining whether Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' 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 Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Regional 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 Berkshire Hills. If investors know Berkshire 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 Berkshire Hills 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
0.956
Dividend Share
0.72
Earnings Share
0.94
Revenue Per Share
8.104
Quarterly Revenue Growth
0.204
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' 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 Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' 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 Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' 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.