Comerica Net Debt vs Net Receivables Analysis

CMA Stock

USD 71.09 2.19 3.18%

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 Net Debt and its Net Receivables 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.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerica Net Debt account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Comerica's Net Debt and Net Receivables is -0.19. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Comerica, assuming nothing else is changed. The correlation between historical values of Comerica's Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Comerica are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Comerica's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

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 9.20, whereas Selling General Administrative is forecasted to decline to about 921 M.

	2021	2022	2023	2024 (projected)
Operating Income	1.5B	1.7B	1.4B	1.4B
Other Operating Expenses	1.5B	38M	4.0B	4.2B

Operating Income Other Operating Expenses

Comerica fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Common Stock	Common Stock Total Equity	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.37	0.19	-0.16	0.75	0.76	0.22	0.18	-0.12	-0.07	-0.08	0.49	0.02	0.34	0.59	0.34	0.41	-0.02	-0.4	-0.23	0.28	0.75	0.65	0.4	0.3	0.2
Total Assets	0.37		0.58	0.19	0.79	0.5	-0.43	0.79	0.65	0.13	-0.54	0.13	0.77	0.91	0.14	-0.58	0.56	0.5	0.59	0.24	-0.12	0.87	0.85	-0.36	-0.34	0.17
Short Long Term Debt Total	0.19	0.58		0.62	0.36	0.52	0.24	0.78	0.2	0.62	-0.27	-0.43	0.12	0.7	0.02	-0.66	0.3	0.47	0.45	0.57	-0.46	0.6	0.73	-0.38	-0.47	0.72
Total Current Liabilities	-0.16	0.19	0.62		-0.22	0.27	0.12	0.65	0.23	0.91	-0.58	-0.8	-0.16	0.45	0.16	-0.66	0.2	0.79	0.35	0.97	-0.32	0.13	0.34	-0.37	-0.31	0.11
Total Stockholder Equity	0.75	0.79	0.36	-0.22		0.6	-0.28	0.47	0.4	-0.1	-0.2	0.44	0.57	0.6	0.19	-0.09	0.42	0.06	0.15	-0.25	-0.07	0.89	0.78	-0.06	-0.04	0.32
Property Plant And Equipment Net	0.76	0.5	0.52	0.27	0.6		0.15	0.36	0.07	0.32	-0.33	0.04	-0.01	0.61	0.46	0.03	0.46	0.32	-0.15	0.16	0.05	0.77	0.84	0.28	0.28	0.24
Net Debt	0.22	-0.43	0.24	0.12	-0.28	0.15		-0.18	-0.89	0.08	0.41	-0.02	-0.78	-0.19	0.37	0.32	-0.02	-0.27	-0.57	0.06	0.24	-0.08	-0.03	0.31	0.04	0.38
Retained Earnings	0.18	0.79	0.78	0.65	0.47	0.36	-0.18		0.57	0.61	-0.56	-0.37	0.49	0.82	0.08	-0.85	0.5	0.76	0.69	0.68	-0.38	0.68	0.72	-0.56	-0.52	0.35
Cash	-0.12	0.65	0.2	0.23	0.4	0.07	-0.89	0.57		0.29	-0.57	-0.25	0.8	0.48	-0.34	-0.64	0.15	0.55	0.77	0.27	-0.48	0.32	0.32	-0.5	-0.25	-0.07
Non Current Assets Total	-0.07	0.13	0.62	0.91	-0.1	0.32	0.08	0.61	0.29		-0.39	-0.88	-0.21	0.31	-0.06	-0.6	0.11	0.66	0.32	0.8	-0.6	0.12	0.33	-0.37	-0.2	0.32
Non Currrent Assets Other	-0.08	-0.54	-0.27	-0.58	-0.2	-0.33	0.41	-0.56	-0.57	-0.39		0.16	-0.41	-0.65	-0.45	0.43	-0.27	-0.73	-0.34	-0.64	-0.1	-0.39	-0.45	0.3	0.29	0.32
Other Assets	0.49	0.13	-0.43	-0.8	0.44	0.04	-0.02	-0.37	-0.25	-0.88	0.16		0.25	-0.02	0.41	0.61	0.13	-0.51	-0.42	-0.72	0.69	0.27	0.04	0.4	0.21	-0.25
Cash And Short Term Investments	0.02	0.77	0.12	-0.16	0.57	-0.01	-0.78	0.49	0.8	-0.21	-0.41	0.25		0.54	-0.2	-0.49	0.26	0.32	0.73	-0.02	-0.11	0.48	0.35	-0.39	-0.31	-0.06
Net Receivables	0.34	0.91	0.7	0.45	0.6	0.61	-0.19	0.82	0.48	0.31	-0.65	-0.02	0.54		0.34	-0.6	0.61	0.65	0.49	0.49	0.0	0.84	0.89	-0.24	-0.32	0.13
Non Current Liabilities Total	0.59	0.14	0.02	0.16	0.19	0.46	0.37	0.08	-0.34	-0.06	-0.45	0.41	-0.2	0.34		0.31	0.41	0.19	-0.51	0.18	0.73	0.4	0.38	0.32	0.06	-0.3
Other Stockholder Equity	0.34	-0.58	-0.66	-0.66	-0.09	0.03	0.32	-0.85	-0.64	-0.6	0.43	0.61	-0.49	-0.6	0.31		-0.25	-0.71	-0.9	-0.72	0.55	-0.27	-0.36	0.7	0.59	-0.27
Total Liab	0.41	0.56	0.3	0.2	0.42	0.46	-0.02	0.5	0.15	0.11	-0.27	0.13	0.26	0.61	0.41	-0.25		0.57	0.13	0.21	0.16	0.61	0.62	-0.07	-0.2	-0.09
Property Plant And Equipment Gross	-0.02	0.5	0.47	0.79	0.06	0.32	-0.27	0.76	0.55	0.66	-0.73	-0.51	0.32	0.65	0.19	-0.71	0.57		0.57	0.83	-0.17	0.37	0.47	-0.34	-0.31	-0.12
Total Current Assets	-0.4	0.59	0.45	0.35	0.15	-0.15	-0.57	0.69	0.77	0.32	-0.34	-0.42	0.73	0.49	-0.51	-0.9	0.13	0.57		0.46	-0.52	0.22	0.23	-0.63	-0.49	0.18
Short Term Debt	-0.23	0.24	0.57	0.97	-0.25	0.16	0.06	0.68	0.27	0.8	-0.64	-0.72	-0.02	0.49	0.18	-0.72	0.21	0.83	0.46		-0.2	0.12	0.29	-0.4	-0.39	0.02
Other Current Liab	0.28	-0.12	-0.46	-0.32	-0.07	0.05	0.24	-0.38	-0.48	-0.6	-0.1	0.69	-0.11	0.0	0.73	0.55	0.16	-0.17	-0.52	-0.2		0.03	-0.08	0.54	0.33	-0.61
Common Stock	0.75	0.87	0.6	0.13	0.89	0.77	-0.08	0.68	0.32	0.12	-0.39	0.27	0.48	0.84	0.4	-0.27	0.61	0.37	0.22	0.12	0.03		0.95	-0.05	-0.11	0.31
Common Stock Total Equity	0.65	0.85	0.73	0.34	0.78	0.84	-0.03	0.72	0.32	0.33	-0.45	0.04	0.35	0.89	0.38	-0.36	0.62	0.47	0.23	0.29	-0.08	0.95		-0.1	-0.14	0.32
Other Liab	0.4	-0.36	-0.38	-0.37	-0.06	0.28	0.31	-0.56	-0.5	-0.37	0.3	0.4	-0.39	-0.24	0.32	0.7	-0.07	-0.34	-0.63	-0.4	0.54	-0.05	-0.1		0.73	-0.23
Accounts Payable	0.3	-0.34	-0.47	-0.31	-0.04	0.28	0.04	-0.52	-0.25	-0.2	0.29	0.21	-0.31	-0.32	0.06	0.59	-0.2	-0.31	-0.49	-0.39	0.33	-0.11	-0.14	0.73		-0.32
Long Term Debt	0.2	0.17	0.72	0.11	0.32	0.24	0.38	0.35	-0.07	0.32	0.32	-0.25	-0.06	0.13	-0.3	-0.27	-0.09	-0.12	0.18	0.02	-0.61	0.31	0.32	-0.23	-0.32

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Comerica Account Relationship Matchups

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	47.9B	50.3B
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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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:

How To Invest In Comerica

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Is Comerica Stock a good investment?

Details

What is Comerica's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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

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.

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Comerica Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

Comerica fundamental ratios Correlations

Comerica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Comerica fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 0.97	Total Current Liabilities
Common Stock Total Equity	+ 0.95	Common Stock
Net Receivables	+ 0.91	Total Assets
Non Current Assets Total	+ 0.91	Total Current Liabilities
Common Stock	+ 0.89	Total Stockholder Equity
Common Stock Total Equity	+ 0.89	Net Receivables

Total Current Assets	- 0.9	Other Stockholder Equity
Cash	- 0.89	Net Debt
Other Assets	- 0.88	Non Current Assets Total
Other Stockholder Equity	- 0.85	Retained Earnings
Other Assets	- 0.8	Total Current Liabilities
Cash And Short Term Investments	- 0.78	Net Debt