Bristol Dividends Paid vs Free Cash Flow Analysis

BMY Stock  USD 58.78  0.09  0.15%   
Bristol Myers financial indicator trend analysis is way more than just evaluating Bristol Myers Squibb prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bristol Myers Squibb is a good investment. Please check the relationship between Bristol Myers Dividends Paid and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bristol Myers Squibb. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Dividends Paid vs Free Cash Flow

Dividends Paid vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristol Myers Squibb Dividends Paid account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bristol Myers' Dividends Paid and Free Cash Flow is 0.8. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Bristol Myers Squibb, assuming nothing else is changed. The correlation between historical values of Bristol Myers' Dividends Paid and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Bristol Myers Squibb are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Dividends Paid i.e., Bristol Myers' Dividends Paid and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Bristol Myers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bristol Myers Squibb 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 Bristol Myers Squibb. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Bristol Myers' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 12.19 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.6 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit36.4B36.0B34.3B36.0B
Total Revenue46.4B46.2B45.0B47.3B

Bristol Myers fundamental ratios Correlations

0.980.840.930.890.780.98-0.070.90.990.520.830.760.970.450.990.820.020.880.990.70.940.850.960.60.88
0.980.830.920.840.791.0-0.160.940.970.380.880.820.980.520.990.76-0.040.890.990.760.950.890.940.570.91
0.840.830.970.560.710.85-0.170.720.80.570.650.830.850.450.810.490.160.650.870.820.910.720.680.610.78
0.930.920.970.70.80.93-0.070.810.890.520.750.880.950.410.90.660.070.730.940.870.970.840.790.660.85
0.890.840.560.70.750.840.130.790.910.410.730.50.820.440.880.90.020.820.850.430.760.730.930.620.81
0.780.790.710.80.750.790.280.730.760.190.70.770.840.410.780.64-0.010.530.80.750.790.780.70.850.85
0.981.00.850.930.840.79-0.170.90.980.420.830.820.980.520.990.77-0.020.890.990.760.930.890.940.560.91
-0.07-0.16-0.17-0.070.130.28-0.17-0.12-0.07-0.11-0.07-0.11-0.03-0.62-0.120.170.23-0.45-0.11-0.06-0.05-0.16-0.130.44-0.14
0.90.940.720.810.790.730.9-0.120.870.210.980.780.90.480.920.66-0.110.830.910.690.910.850.870.570.84
0.990.970.80.890.910.760.98-0.070.870.530.80.710.950.460.990.840.00.890.980.650.910.830.980.570.86
0.520.380.570.520.410.190.42-0.110.210.530.120.160.380.180.450.480.150.440.480.180.450.180.440.210.35
0.830.880.650.750.730.70.83-0.070.980.80.120.760.840.410.850.6-0.170.740.840.670.870.80.80.580.78
0.760.820.830.880.50.770.82-0.110.780.710.160.760.880.350.760.48-0.240.580.80.970.860.870.620.530.8
0.970.980.850.950.820.840.98-0.030.90.950.380.840.880.40.970.78-0.040.810.980.830.950.90.90.630.89
0.450.520.450.410.440.410.52-0.620.480.460.180.410.350.40.50.2-0.120.690.480.290.40.520.50.270.64
0.990.990.810.90.880.780.99-0.120.920.990.450.850.760.970.50.8-0.010.90.990.690.930.860.970.580.88
0.820.760.490.660.90.640.770.170.660.840.480.60.480.780.20.8-0.020.720.780.450.690.650.850.520.75
0.02-0.040.160.070.02-0.01-0.020.23-0.110.00.15-0.17-0.24-0.04-0.12-0.01-0.02-0.120.01-0.190.07-0.25-0.030.23-0.12
0.880.890.650.730.820.530.89-0.450.830.890.440.740.580.810.690.90.72-0.120.870.490.770.780.940.30.81
0.990.990.870.940.850.80.99-0.110.910.980.480.840.80.980.480.990.780.010.870.750.960.870.940.610.89
0.70.760.820.870.430.750.76-0.060.690.650.180.670.970.830.290.690.45-0.190.490.750.820.830.540.560.75
0.940.950.910.970.760.790.93-0.050.910.910.450.870.860.950.40.930.690.070.770.960.820.850.840.680.86
0.850.890.720.840.730.780.89-0.160.850.830.180.80.870.90.520.860.65-0.250.780.870.830.850.820.530.84
0.960.940.680.790.930.70.94-0.130.870.980.440.80.620.90.50.970.85-0.030.940.940.540.840.820.50.83
0.60.570.610.660.620.850.560.440.570.570.210.580.530.630.270.580.520.230.30.610.560.680.530.50.64
0.880.910.780.850.810.850.91-0.140.840.860.350.780.80.890.640.880.75-0.120.810.890.750.860.840.830.64
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Bristol Myers Account Relationship Matchups

Bristol Myers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets129.9B118.5B109.3B96.8B95.2B99.9B
Short Long Term Debt Total47.5B51.7B45.6B40.7B41.5B43.5B
Other Current Liab7.9B13.2B13.0B13.5B14.4B15.1B
Total Current Liabilities18.3B19.1B21.9B21.9B22.3B23.4B
Total Stockholder Equity51.6B37.8B35.9B31.1B29.4B15.0B
Property Plant And Equipment Net6.3B6.7B7.0B7.5B8.0B5.2B
Net Debt35.2B37.1B31.6B31.6B30B31.5B
Retained Earnings34.5B21.3B23.8B25.5B28.8B22.0B
Cash12.3B14.5B14.0B9.1B11.5B12.0B
Non Current Assets Total100.6B88.3B76.1B69.5B63.4B66.6B
Non Currrent Assets Other6.6B2.1B1.7B1.0B1.8B1.9B
Cash And Short Term Investments12.3B14.5B14.0B9.1B12.3B12.9B
Net Receivables7.7B8.5B12.5B13.9B15.3B16.0B
Good Will22.5B20.5B20.5B21.1B21.2B22.2B
Common Stock Shares Outstanding1.7B2.3B2.2B2.1B2.1B1.6B
Liabilities And Stockholders Equity129.9B118.5B109.3B96.8B95.2B99.9B
Non Current Liabilities Total59.9B61.5B51.4B43.8B43.4B45.6B
Inventory4.3B2.1B2.1B2.3B2.7B1.9B
Other Current Assets2.0B5.6B1.3B1.7B1.6B2.0B
Other Stockholder Equity18.4B18.1B13.1B6.5B1.9B2.0B
Total Liab78.2B80.6B73.3B65.7B65.7B69.0B
Property Plant And Equipment Gross6.3B5.9B11.0B11.6B12.8B13.5B
Total Current Assets29.4B30.2B33.3B27.3B31.8B33.4B
Accumulated Other Comprehensive Income(1.5B)(1.8B)(1.3B)(1.3B)(1.5B)(1.6B)
Short Term Debt3.5B2.5B5.1B4.4B3.3B3.4B
Intangible Assets64.0B53.2B42.8B36.4B27.1B28.4B
Accounts Payable2.4B2.7B2.9B3.0B3.3B1.9B
Short Term Investments3.0B1.3B3.2B130M816M775.2M
Other Liab15.9B12.3B11.0B7.4B8.5B4.9B
Other Assets4.8B7.3B3.3B2.9B3.3B3.3B
Long Term Debt43.4B48.3B39.6B35.1B36.7B38.5B
Treasury Stock(25.4B)(26.2B)(31.3B)(38.6B)(43.8B)(41.6B)
Property Plant Equipment6.3B5.9B6.0B6.3B7.2B5.8B
Current Deferred Revenue4.5B3.6B3.7B1.3B8.4B8.8B
Net Tangible Assets(34.9B)(36.0B)(28.2B)(25.9B)(23.4B)(22.2B)
Noncontrolling Interest In Consolidated Entity96M100M60M57M55M74.7M

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