Bank Asset Turnover vs Total Assets Analysis

BK Stock

USD 80.14 1.26 1.60%

Bank of New York financial indicator trend analysis is way more than just evaluating Bank of New York prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of New York is a good investment. Please check the relationship between Bank of New York Asset Turnover and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of New York Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Bank of New York's Asset Turnover and Total Assets is -0.32. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bank of New, assuming nothing else is changed. The correlation between historical values of Bank of New York's Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Bank of New are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Bank of New York's Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

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Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of Bank of New York assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bank of New York books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Bank of New York's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of New York 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 New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

The value of Selling General Administrative is expected to slide to about 3.7 B. The value of Discontinued Operations is estimated to slide to about (79.7 M)

	2021	2022	2023	2024 (projected)
Interest Expense	227M	3.6B	16.3B	17.1B
Depreciation And Amortization	1.9B	1.6B	1.7B	1.8B

Interest Expense Depreciation And Amortization

Bank of New York fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock	Non Current Assets Total	Current Deferred Revenue	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Total Current Assets	Short Term Debt	Other Liab
Total Assets		0.64	-0.73	0.33	0.98	0.73	-0.66	0.76	-0.66	0.29	-0.92	0.63	0.27	0.12	1.0	0.68	-0.92	0.68	0.93	0.79	0.75	0.45	0.25	0.45	0.48	-0.02
Short Long Term Debt Total	0.64		-0.78	-0.11	0.61	0.69	-0.47	0.62	-0.2	0.56	-0.47	0.14	-0.19	-0.2	0.65	0.57	-0.47	0.21	0.48	0.79	0.55	0.39	-0.07	0.4	0.65	-0.24
Other Current Liab	-0.73	-0.78		-0.21	-0.65	-0.57	0.53	-0.61	0.27	-0.36	0.56	-0.25	-0.13	0.09	-0.74	-0.55	0.56	-0.48	-0.57	-0.71	-0.57	-0.29	-0.19	-0.29	-0.7	0.11
Total Current Liabilities	0.33	-0.11	-0.21		0.29	0.48	0.26	0.64	-0.22	0.09	-0.2	-0.16	0.99	-0.53	0.33	0.67	-0.2	0.91	0.2	-0.12	-0.12	-0.61	0.65	-0.62	0.58	-0.33
Total Stockholder Equity	0.98	0.61	-0.65	0.29		0.69	-0.58	0.76	-0.67	0.36	-0.95	0.68	0.23	0.16	0.97	0.63	-0.95	0.64	0.96	0.8	0.69	0.44	0.18	0.44	0.38	-0.07
Property Plant And Equipment Net	0.73	0.69	-0.57	0.48	0.69		-0.29	0.9	-0.36	0.43	-0.52	0.05	0.42	-0.47	0.73	0.97	-0.52	0.7	0.53	0.48	0.41	0.01	0.33	0.02	0.79	-0.35
Net Debt	-0.66	-0.47	0.53	0.26	-0.58	-0.29		-0.09	0.5	0.25	0.65	-0.7	0.27	-0.58	-0.66	-0.17	0.65	-0.09	-0.65	-0.57	-0.94	-0.89	0.02	-0.88	-0.05	-0.51
Retained Earnings	0.76	0.62	-0.61	0.64	0.76	0.9	-0.09		-0.36	0.62	-0.58	0.07	0.56	-0.51	0.76	0.92	-0.58	0.82	0.58	0.55	0.26	-0.16	0.34	-0.15	0.79	-0.53
Non Currrent Assets Other	-0.66	-0.2	0.27	-0.22	-0.67	-0.36	0.5	-0.36		-0.05	0.64	-0.57	-0.19	-0.27	-0.66	-0.31	0.64	-0.45	-0.64	-0.49	-0.55	-0.37	-0.25	-0.36	-0.06	-0.08
Other Assets	0.29	0.56	-0.36	0.09	0.36	0.43	0.25	0.62	-0.05		-0.15	-0.18	-0.01	-0.49	0.28	0.38	-0.15	0.17	0.17	0.5	-0.14	-0.2	-0.27	-0.2	0.43	-0.83
Common Stock Total Equity	-0.92	-0.47	0.56	-0.2	-0.95	-0.52	0.65	-0.58	0.64	-0.15		-0.85	-0.17	-0.4	-0.92	-0.48	1.0	-0.56	-1.0	-0.73	-0.74	-0.55	-0.18	-0.54	-0.18	-0.15
Common Stock Shares Outstanding	0.63	0.14	-0.25	-0.16	0.68	0.05	-0.7	0.07	-0.57	-0.18	-0.85		-0.15	0.82	0.62	-0.03	-0.85	0.15	0.84	0.52	0.7	0.75	-0.03	0.75	-0.32	0.5
Non Current Liabilities Total	0.27	-0.19	-0.13	0.99	0.23	0.42	0.27	0.56	-0.19	-0.01	-0.17	-0.15		-0.48	0.27	0.61	-0.17	0.88	0.16	-0.21	-0.14	-0.63	0.67	-0.63	0.52	-0.25
Other Stockholder Equity	0.12	-0.2	0.09	-0.53	0.16	-0.47	-0.58	-0.51	-0.27	-0.49	-0.4	0.82	-0.48		0.11	-0.56	-0.4	-0.36	0.39	0.18	0.48	0.76	-0.26	0.76	-0.72	0.72
Total Liab	1.0	0.65	-0.74	0.33	0.97	0.73	-0.66	0.76	-0.66	0.28	-0.92	0.62	0.27	0.11		0.69	-0.92	0.69	0.92	0.79	0.75	0.45	0.25	0.45	0.49	-0.02
Property Plant And Equipment Gross	0.68	0.57	-0.55	0.67	0.63	0.97	-0.17	0.92	-0.31	0.38	-0.48	-0.03	0.61	-0.56	0.69		-0.48	0.82	0.48	0.36	0.3	-0.17	0.46	-0.16	0.84	-0.37
Common Stock	-0.92	-0.47	0.56	-0.2	-0.95	-0.52	0.65	-0.58	0.64	-0.15	1.0	-0.85	-0.17	-0.4	-0.92	-0.48		-0.56	-1.0	-0.73	-0.74	-0.55	-0.18	-0.54	-0.18	-0.15
Non Current Assets Total	0.68	0.21	-0.48	0.91	0.64	0.7	-0.09	0.82	-0.45	0.17	-0.56	0.15	0.88	-0.36	0.69	0.82	-0.56		0.55	0.24	0.23	-0.28	0.64	-0.28	0.67	-0.22
Current Deferred Revenue	0.93	0.48	-0.57	0.2	0.96	0.53	-0.65	0.58	-0.64	0.17	-1.0	0.84	0.16	0.39	0.92	0.48	-1.0	0.55		0.74	0.75	0.55	0.17	0.55	0.18	0.14
Accounts Payable	0.79	0.79	-0.71	-0.12	0.8	0.48	-0.57	0.55	-0.49	0.5	-0.73	0.52	-0.21	0.18	0.79	0.36	-0.73	0.24	0.74		0.7	0.58	-0.13	0.58	0.29	-0.14
Cash	0.75	0.55	-0.57	-0.12	0.69	0.41	-0.94	0.26	-0.55	-0.14	-0.74	0.7	-0.14	0.48	0.75	0.3	-0.74	0.23	0.75	0.7		0.8	0.03	0.79	0.14	0.38
Cash And Short Term Investments	0.45	0.39	-0.29	-0.61	0.44	0.01	-0.89	-0.16	-0.37	-0.2	-0.55	0.75	-0.63	0.76	0.45	-0.17	-0.55	-0.28	0.55	0.58	0.8		-0.3	1.0	-0.29	0.55
Net Receivables	0.25	-0.07	-0.19	0.65	0.18	0.33	0.02	0.34	-0.25	-0.27	-0.18	-0.03	0.67	-0.26	0.25	0.46	-0.18	0.64	0.17	-0.13	0.03	-0.3		-0.28	0.41	0.07
Total Current Assets	0.45	0.4	-0.29	-0.62	0.44	0.02	-0.88	-0.15	-0.36	-0.2	-0.54	0.75	-0.63	0.76	0.45	-0.16	-0.54	-0.28	0.55	0.58	0.79	1.0	-0.28		-0.29	0.55
Short Term Debt	0.48	0.65	-0.7	0.58	0.38	0.79	-0.05	0.79	-0.06	0.43	-0.18	-0.32	0.52	-0.72	0.49	0.84	-0.18	0.67	0.18	0.29	0.14	-0.29	0.41	-0.29		-0.44
Other Liab	-0.02	-0.24	0.11	-0.33	-0.07	-0.35	-0.51	-0.53	-0.08	-0.83	-0.15	0.5	-0.25	0.72	-0.02	-0.37	-0.15	-0.22	0.14	-0.14	0.38	0.55	0.07	0.55	-0.44

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Bank of New York Account Relationship Matchups

Bank of New York fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	381.5B	469.6B	444.4B	405.8B	410.0B	430.5B
Short Long Term Debt Total	36.9B	74.0B	72.1B	72.5B	31.7B	20.4B
Other Current Liab	(168M)	(41.8B)	(40.1B)	(41.8B)	(24.1B)	(22.9B)
Total Current Liabilities	22.7B	25.1B	25.2B	23.4B	90.5B	95.1B
Total Stockholder Equity	41.5B	45.8B	43.0B	40.7B	40.9B	42.9B
Property Plant And Equipment Net	3.6B	3.6B	3.4B	3.3B	3.2B	3.3B
Net Debt	(82.6B)	(139.0B)	(94.7B)	(83.0B)	(59.2B)	(56.2B)
Retained Earnings	31.9B	34.2B	36.7B	37.9B	39.7B	41.6B
Non Currrent Assets Other	(161.0B)	(196.3B)	(203.1B)	3.7B	(163.8B)	(155.6B)
Other Assets	47.5B	48.2B	68.6B	66.1B	22.8B	34.6B
Common Stock Shares Outstanding	943.1M	892.5M	856.4M	814.8M	787.8M	871.9M
Liabilities And Stockholders Equity	381.5B	469.6B	444.4B	405.8B	410.0B	430.5B
Non Current Liabilities Total	28.1B	26.3B	26.7B	23.4B	374.3B	393.0B
Other Stockholder Equity	8.7B	8.0B	3.7B	4.0B	1.8B	1.7B
Total Liab	339.8B	423.5B	401.0B	364.9B	368.9B	387.4B
Property Plant And Equipment Gross	1.6B	1.8B	3.6B	3.6B	4.1B	4.3B
Non Current Assets Total	161.0B	196.3B	203.1B	178.8B	353.4B	371.0B
Current Deferred Revenue	168M	167M	163M	164M	172M	180.6M
Accounts Payable	18.8B	25.1B	25.2B	23.4B	18.4B	9.7B
Cash	114.7B	165.3B	121.3B	113.9B	125.2B	63.2B
Cash And Short Term Investments	172.4B	224.6B	166.8B	154.0B	33.8B	32.1B
Net Receivables	624M	510M	5.9B	858M	8.6B	9.0B
Total Current Assets	173.1B	225.1B	172.7B	160.9B	33.8B	32.1B
Accumulated Other Comprehensive Income	(2.6B)	(985M)	(2.2B)	(6.0B)	(4.9B)	(4.6B)
Short Term Debt	4.0B	41.6B	39.9B	41.7B	36.7B	38.5B
Other Liab	5.1B	7.5B	6.7B	6.5B	5.8B	5.5B
Long Term Debt	32.9B	32.4B	32.1B	30.9B	31.7B	24.6B
Short Term Investments	57.8B	59.3B	45.5B	46.6B	(122.1B)	(116.0B)
Inventory	(165.5B)	(218.8B)	(179.4B)	(150.9B)	107.9B	113.3B
Treasury Stock	(15.5B)	(18.8B)	(19.8B)	(24.4B)	(22.0B)	(20.9B)
Property Plant Equipment	3.6B	3.6B	3.4B	3.3B	3.7B	1.9B
Good Will	17.4B	17.5B	17.5B	16.2B	16.3B	15.0B
Other Current Assets	165.5B	218.8B	179.4B	157.0B	178.7B	187.6B
Intangible Assets	3.1B	3.0B	5.1B	2.9B	5.3B	3.4B
Noncontrolling Interest In Consolidated Entity	101M	102M	143M	196M	176.4M	167.6M
Retained Earnings Total Equity	28.7B	31.9B	34.2B	36.7B	42.2B	25.4B

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Is Asset Management & Custody 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 New York. 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 New York 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

0.22

Dividend Share

1.73

Earnings Share

4.47

Revenue Per Share

23.65

Quarterly Revenue Growth

0.047

The market value of Bank of New York 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 New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York'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 New York's market value can be influenced by many factors that don't directly affect Bank of New York'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 New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York 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 New York'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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Bank Asset Turnover vs Total Assets Analysis

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

Correlation Coefficient

Asset Turnover

Total Assets

Bank of New York fundamental ratios Correlations

Bank of New York Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of New York fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Stockholder Equity

Current Deferred Revenue	- 1.0	Common Stock
Current Deferred Revenue	- 1.0	Common Stock Total Equity
Common Stock	- 0.95	Total Stockholder Equity
Common Stock Total Equity	- 0.95	Total Stockholder Equity
Cash	- 0.94	Net Debt
Common Stock	- 0.92	Total Liab