BMTC Free Cash Flow vs Change To Netincome Analysis

GBT Stock

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BMTC financial indicator trend analysis is way more than just evaluating BMTC Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BMTC Group is a good investment. Please check the relationship between BMTC Free Cash Flow and its Change To Netincome accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BMTC Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BMTC Group Free Cash Flow account and Change To Netincome. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between BMTC's Free Cash Flow and Change To Netincome is 0.48. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of BMTC Group, assuming nothing else is changed. The correlation between historical values of BMTC's Free Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of BMTC Group are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Free Cash Flow i.e., BMTC's Free Cash Flow and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Netincome

Most indicators from BMTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BMTC Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BMTC Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 30th of November 2024, Selling General Administrative is likely to grow to about 43.9 M. Also, Tax Provision is likely to grow to about 12.4 M

	2021	2022	2023	2024 (projected)
Gross Profit	323.7M	283.1M	224.5M	186.3M
Total Revenue	819.4M	718.0M	578.9M	793.1M

Gross Profit Total Revenue

BMTC 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	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Cash	Cash And Short Term Investments	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.51	0.43	0.69	0.8	0.72	0.33	0.81	-0.04	0.83	0.04	-0.06	-0.6	0.57	0.87	0.37	-0.6	0.77	0.91	0.7	0.44	-0.48	-0.16	-0.16	0.31	-0.67
Short Long Term Debt Total	0.51		-0.15	0.4	0.64	0.39	0.91	0.63	0.47	0.73	-0.22	0.35	0.01	0.79	0.29	0.32	-0.4	0.62	0.53	0.17	0.9	0.23	-0.64	-0.64	-0.33	-0.65
Other Current Liab	0.43	-0.15		0.77	0.19	0.74	-0.25	0.2	-0.28	0.25	-0.31	-0.71	-0.76	0.19	0.66	0.02	-0.33	0.62	0.5	0.5	-0.37	-0.72	0.21	0.21	0.85	-0.41
Total Current Liabilities	0.69	0.4	0.77		0.58	0.88	0.22	0.59	0.07	0.66	-0.34	-0.49	-0.69	0.47	0.82	0.28	-0.47	0.86	0.78	0.62	0.16	-0.51	-0.08	-0.08	0.59	-0.78
Total Stockholder Equity	0.8	0.64	0.19	0.58		0.48	0.42	1.0	0.24	0.98	0.33	0.04	-0.43	0.55	0.72	0.45	-0.43	0.57	0.69	0.75	0.47	-0.24	-0.18	-0.18	-0.06	-0.69
Property Plant And Equipment Net	0.72	0.39	0.74	0.88	0.48		0.34	0.49	-0.17	0.61	-0.45	-0.51	-0.75	0.67	0.79	0.12	-0.56	0.94	0.82	0.43	0.15	-0.61	-0.32	-0.32	0.67	-0.71
Net Debt	0.33	0.91	-0.25	0.22	0.42	0.34		0.41	0.39	0.53	-0.28	0.36	0.07	0.77	0.14	0.29	-0.35	0.51	0.38	-0.14	0.86	0.26	-0.9	-0.9	-0.37	-0.57
Retained Earnings	0.81	0.63	0.2	0.59	1.0	0.49	0.41		0.23	0.98	0.32	0.03	-0.44	0.55	0.72	0.45	-0.43	0.57	0.69	0.75	0.47	-0.26	-0.18	-0.18	-0.05	-0.69
Accounts Payable	-0.04	0.47	-0.28	0.07	0.24	-0.17	0.39	0.23		0.21	0.17	0.49	0.47	0.03	-0.01	0.22	-0.02	-0.03	0.0	0.14	0.47	0.65	-0.16	-0.16	-0.49	-0.36
Non Current Assets Total	0.83	0.73	0.25	0.66	0.98	0.61	0.53	0.98	0.21		0.16	-0.03	-0.48	0.69	0.72	0.44	-0.45	0.71	0.75	0.67	0.53	-0.27	-0.3	-0.3	0.0	-0.76
Non Currrent Assets Other	0.04	-0.22	-0.31	-0.34	0.33	-0.45	-0.28	0.32	0.17	0.16		0.33	0.19	-0.35	0.07	0.08	0.13	-0.47	-0.13	0.37	-0.17	0.16	0.32	0.32	-0.37	0.15
Net Receivables	-0.06	0.35	-0.71	-0.49	0.04	-0.51	0.36	0.03	0.49	-0.03	0.33		0.73	-0.06	-0.24	-0.04	-0.15	-0.34	-0.08	-0.1	0.58	0.75	-0.19	-0.19	-0.65	0.19
Common Stock Shares Outstanding	-0.6	0.01	-0.76	-0.69	-0.43	-0.75	0.07	-0.44	0.47	-0.48	0.19	0.73		-0.3	-0.69	-0.39	0.25	-0.61	-0.5	-0.47	0.16	0.96	0.03	0.03	-0.59	0.55
Non Current Liabilities Total	0.57	0.79	0.19	0.47	0.55	0.67	0.77	0.55	0.03	0.69	-0.35	-0.06	-0.3		0.35	0.09	-0.39	0.82	0.61	0.11	0.57	-0.13	-0.65	-0.65	0.03	-0.59
Inventory	0.87	0.29	0.66	0.82	0.72	0.79	0.14	0.72	-0.01	0.72	0.07	-0.24	-0.69	0.35		0.28	-0.67	0.71	0.86	0.82	0.15	-0.56	-0.04	-0.04	0.55	-0.72
Other Current Assets	0.37	0.32	0.02	0.28	0.45	0.12	0.29	0.45	0.22	0.44	0.08	-0.04	-0.39	0.09	0.28		-0.01	0.18	0.12	0.2	0.44	-0.28	-0.27	-0.27	-0.28	-0.6
Other Stockholder Equity	-0.6	-0.4	-0.33	-0.47	-0.43	-0.56	-0.35	-0.43	-0.02	-0.45	0.13	-0.15	0.25	-0.39	-0.67	-0.01		-0.54	-0.61	-0.51	-0.34	0.13	0.26	0.26	-0.41	0.43
Total Liab	0.77	0.62	0.62	0.86	0.57	0.94	0.51	0.57	-0.03	0.71	-0.47	-0.34	-0.61	0.82	0.71	0.18	-0.54		0.85	0.4	0.39	-0.44	-0.38	-0.38	0.47	-0.76
Property Plant And Equipment Gross	0.91	0.53	0.5	0.78	0.69	0.82	0.38	0.69	0.0	0.75	-0.13	-0.08	-0.5	0.61	0.86	0.12	-0.61	0.85		0.6	0.38	-0.37	-0.22	-0.22	0.45	-0.66
Total Current Assets	0.7	0.17	0.5	0.62	0.75	0.43	-0.14	0.75	0.14	0.67	0.37	-0.1	-0.47	0.11	0.82	0.2	-0.51	0.4	0.6		0.03	-0.35	0.37	0.37	0.33	-0.48
Short Term Debt	0.44	0.9	-0.37	0.16	0.47	0.15	0.86	0.47	0.47	0.53	-0.17	0.58	0.16	0.57	0.15	0.44	-0.34	0.39	0.38	0.03		0.32	-0.61	-0.61	-0.5	-0.5
Intangible Assets	-0.48	0.23	-0.72	-0.51	-0.24	-0.61	0.26	-0.26	0.65	-0.27	0.16	0.75	0.96	-0.13	-0.56	-0.28	0.13	-0.44	-0.37	-0.35	0.32		-0.1	-0.1	-0.62	0.31
Cash	-0.16	-0.64	0.21	-0.08	-0.18	-0.32	-0.9	-0.18	-0.16	-0.3	0.32	-0.19	0.03	-0.65	-0.04	-0.27	0.26	-0.38	-0.22	0.37	-0.61	-0.1		1.0	0.26	0.46
Cash And Short Term Investments	-0.16	-0.64	0.21	-0.08	-0.18	-0.32	-0.9	-0.18	-0.16	-0.3	0.32	-0.19	0.03	-0.65	-0.04	-0.27	0.26	-0.38	-0.22	0.37	-0.61	-0.1	1.0		0.26	0.46
Current Deferred Revenue	0.31	-0.33	0.85	0.59	-0.06	0.67	-0.37	-0.05	-0.49	0.0	-0.37	-0.65	-0.59	0.03	0.55	-0.28	-0.41	0.47	0.45	0.33	-0.5	-0.62	0.26	0.26		-0.11
Common Stock Total Equity	-0.67	-0.65	-0.41	-0.78	-0.69	-0.71	-0.57	-0.69	-0.36	-0.76	0.15	0.19	0.55	-0.59	-0.72	-0.6	0.43	-0.76	-0.66	-0.48	-0.5	0.31	0.46	0.46	-0.11

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BMTC Account Relationship Matchups

BMTC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	382.0M	450.2M	549.9M	582.0M	621.0M	344.5M
Short Long Term Debt Total	26.6M	24.3M	12.7M	19.8M	30.5M	32.0M
Other Current Liab	67.0M	89.1M	101.8M	65.5M	44.2M	49.0M
Total Current Liabilities	109.2M	140.2M	139.5M	112.3M	110.4M	115.9M
Total Stockholder Equity	216.6M	270.7M	387.9M	440.9M	476.9M	500.7M
Property Plant And Equipment Net	148.4M	158.8M	148.9M	142.2M	116.1M	112.6M
Net Debt	45.6M	18.5M	(6.3M)	16.7M	29.2M	30.7M
Retained Earnings	213.9M	268.0M	385.2M	438.3M	474.3M	498.0M
Accounts Payable	26.8M	30.8M	29.0M	32.5M	32.7M	42.7M
Non Current Assets Total	292.3M	344.6M	410.8M	448.1M	502.2M	527.3M
Non Currrent Assets Other	(279.9M)	(337.0M)	43.5M	78.4M	101.3M	106.4M
Net Receivables	5.1M	3.6M	5.3M	15.8M	14.9M	9.1M
Common Stock Shares Outstanding	34.3M	34.0M	33.7M	33.3M	32.9M	50.8M
Liabilities And Stockholders Equity	382.0M	450.2M	549.9M	582.0M	621.0M	344.5M
Non Current Liabilities Total	56.2M	39.3M	22.5M	28.8M	33.8M	35.5M
Inventory	83.2M	95.4M	113.8M	113.6M	98.2M	88.0M
Other Current Assets	1.4M	770K	1.0M	1.4M	4.5M	2.7M
Total Liab	165.4M	179.5M	162.1M	141.1M	144.1M	126.4M
Property Plant And Equipment Gross	148.4M	266.9M	262.8M	266.0M	226.6M	131.2M
Total Current Assets	89.7M	105.6M	139.2M	133.8M	118.9M	122.6M
Short Term Debt	15.4M	12.7M	4.0M	14.3M	25.7M	14.3M
Cash	(19.0M)	5.8M	19.0M	3.1M	1.3M	1.2M
Cash And Short Term Investments	(19.0M)	5.8M	19.0M	3.1M	1.3M	1.2M
Current Deferred Revenue	41.4M	56.9M	72.9M	45.1M	7.7M	7.3M
Common Stock	2.7M	2.7M	2.6M	2.6M	2.6M	2.4M
Other Liab	5.2M	41.1M	27.7M	13.8M	15.9M	14.4M
Net Tangible Assets	244.7M	216.6M	270.7M	387.9M	446.0M	262.8M
Other Assets	12.4M	7.6M	43.5M	78.4M	90.1M	94.6M
Long Term Investments	131.5M	178.3M	218.3M	227.6M	284.8M	157.5M
Property Plant Equipment	148.4M	158.8M	148.9M	142.2M	163.5M	138.2M
Long Term Debt Total	15.1M	11.6M	8.7M	5.4M	6.2M	6.4M
Capital Lease Obligations	19.0M	15.3M	12.7M	8.7M	7.8M	8.9M
Net Invested Capital	224.1M	279.7M	387.9M	451.9M	499.6M	362.7M
Net Working Capital	(19.5M)	(34.6M)	(369K)	21.6M	8.5M	8.9M

Pair Trading with BMTC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BMTC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BMTC will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to BMTC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BMTC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BMTC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BMTC Group to buy it.

The correlation of BMTC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BMTC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMTC Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BMTC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in BMTC Stock

Balance Sheet is a snapshot of the financial position of BMTC Group at a specified time, usually calculated after every quarter, six months, or one year. BMTC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BMTC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BMTC currently owns. An asset can also be divided into two categories, current and non-current.

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BMTC Free Cash Flow vs Change To Netincome Analysis

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Netincome

BMTC fundamental ratios Correlations

BMTC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BMTC fundamental ratios Accounts

Pair Trading with BMTC

Other Information on Investing in BMTC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Retained Earnings
Intangible Assets	+ 0.96	Common Stock Shares Outstanding
Total Liab	+ 0.94	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.9	Net Debt
Cash	- 0.9	Net Debt
Common Stock Total Equity	- 0.78	Total Current Liabilities
Common Stock Total Equity	- 0.76	Total Liab
Common Stock Total Equity	- 0.76	Non Current Assets Total
Common Stock Shares Outstanding	- 0.76	Other Current Liab