Comerica Earning Assets vs Long Term Debt Total Analysis
CMA Stock | USD 68.90 1.02 1.50% |
Comerica financial indicator trend analysis is way more than just evaluating Comerica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comerica is a good investment. Please check the relationship between Comerica Earning Assets and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. 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. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
Earning Assets vs Long Term Debt Total
Earning Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerica Earning Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Comerica's Earning Assets and Long Term Debt Total is -0.51. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Comerica, assuming nothing else is changed. The correlation between historical values of Comerica's Earning Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Comerica are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Earning Assets i.e., Comerica's Earning Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Earning Assets
Long Term Debt Total
Most indicators from Comerica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comerica 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 Comerica. 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. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.At present, Comerica's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.34, whereas Selling General Administrative is forecasted to decline to about 921 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.5B | 1.7B | 1.2B | 1.4B | Other Operating Expenses | 1.5B | 38M | 3.6B | 3.8B |
Comerica fundamental ratios Correlations
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Comerica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comerica fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 151M | 140M | 137M | 133M | 153.0M | 166.9M | |
Total Assets | 73.4B | 88.1B | 94.6B | 85.4B | 85.8B | 59.4B | |
Short Long Term Debt Total | 7.3B | 6.6B | 3.7B | 6.2B | 9.8B | 6.8B | |
Total Current Liabilities | 71M | 905M | 877M | 3.2B | 6.5B | 6.0B | |
Total Stockholder Equity | 7.3B | 8.1B | 7.9B | 5.2B | 6.4B | 5.6B | |
Property Plant And Equipment Net | 457M | 459M | 454M | 400M | 762M | 505.2M | |
Net Debt | 1.5B | (10.0B) | (19.9B) | (47M) | 269M | 255.6M | |
Retained Earnings | 9.5B | 9.6B | 10.5B | 11.3B | 11.7B | 12.3B | |
Cash | 5.8B | 15.8B | 22.7B | 6.3B | 9.5B | 10.0B | |
Non Current Assets Total | 13.6B | 16.3B | 18.3B | 400M | 93.5B | 98.2B | |
Non Currrent Assets Other | (326M) | (16.3B) | (18.3B) | (19.8B) | (18.7B) | (17.7B) | |
Other Assets | 36.0B | 34.9B | 30.2B | 53.7B | (27.1B) | (25.7B) | |
Cash And Short Term Investments | 18.4B | 31.0B | 39.9B | 25.5B | 9.5B | 10.4B | |
Net Receivables | 5.4B | 6.0B | 6.2B | 7.5B | 8.0B | 4.7B | |
Liabilities And Stockholders Equity | 73.4B | 88.1B | 94.6B | 85.4B | 85.8B | 59.4B | |
Non Current Liabilities Total | 7.3B | 5.7B | 2.8B | 77.0B | 47.6B | 49.9B | |
Other Stockholder Equity | (3.1B) | (3.3B) | (3.9B) | (3.9B) | (3.8B) | (3.6B) | |
Total Liab | 66.1B | 5.7B | 86.7B | 80.2B | 79.4B | 51.5B | |
Property Plant And Equipment Gross | 457M | 459M | 1.5B | 1.3B | 1.4B | 1.5B | |
Total Current Assets | 23.8B | 36.9B | 46.1B | 31.3B | 19.4B | 20.4B | |
Short Term Debt | 71M | 905M | 877M | 3.2B | 3.6B | 3.7B | |
Other Current Liab | (71M) | (905M) | (877M) | 80.0B | (3.6B) | (3.4B) | |
Accumulated Other Comprehensive Income | (235M) | 168M | (212M) | (3.7B) | (3.0B) | (2.9B) | |
Other Liab | 426M | 44M | 30M | 214M | 192.6M | 183.0M | |
Accounts Payable | 45M | 875M | 848M | (40.0B) | (32M) | (30.4M) | |
Long Term Debt | 7.3B | 5.7B | 2.8B | 3.0B | 5.2B | 5.5B | |
Short Term Investments | 12.6B | 15.2B | 17.2B | 19.2B | 1.2B | 1.1B | |
Inventory | (6.0B) | (16.1B) | (23.0B) | (6.5B) | (5.9B) | (6.2B) | |
Treasury Stock | (5.3B) | (5.5B) | (6.1B) | (6.1B) | (5.5B) | (5.2B) | |
Intangible Assets | 2M | 1M | 642M | 667M | 114M | 130.5M | |
Property Plant Equipment | 457M | 459M | 454M | 400M | 460M | 559.1M | |
Net Tangible Assets | 7.3B | 7.7B | 6.9B | 4.8B | 4.3B | 5.6B | |
Retained Earnings Total Equity | 8.8B | 9.5B | 9.6B | 11.3B | 12.9B | 8.4B | |
Long Term Debt Total | 7.3B | 5.7B | 2.8B | 3.0B | 2.7B | 3.7B | |
Capital Surpluse | 2.2B | 2.2B | 2.2B | 2.2B | 2.6B | 2.3B |
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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 Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's 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 Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. 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. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 Comerica. If investors know Comerica 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 Comerica 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 (0.28) | Dividend Share 2.84 | Earnings Share 4 | Revenue Per Share 23.812 | Quarterly Revenue Growth (0.1) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica'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 Comerica's market value can be influenced by many factors that don't directly affect Comerica'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 Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica'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.