BNY Long Term Debt vs Capital Surpluse Analysis
| LEO Stock | USD 6.41 0.03 0.47% |
BNY Mellon financial indicator trend analysis is way more than just evaluating BNY Mellon Strategic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BNY Mellon Strategic is a good investment. Please check the relationship between BNY Mellon Long Term Debt and its Capital Surpluse accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Long Term Debt vs Capital Surpluse
Long Term Debt vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BNY Mellon Strategic Long Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BNY Mellon's Long Term Debt and Capital Surpluse is -0.59. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of BNY Mellon Strategic, assuming nothing else is changed. The correlation between historical values of BNY Mellon's Long Term Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of BNY Mellon Strategic are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Long Term Debt i.e., BNY Mellon's Long Term Debt and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that BNY Mellon Strategic has held for over one year. Long-term debt appears on BNY Mellon Strategic balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on BNY Mellon Strategic balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Capital Surpluse
Most indicators from BNY Mellon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BNY Mellon Strategic 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of the 4th of December 2024, Enterprise Value is likely to grow to about 500.3 M, while Selling General Administrative is likely to drop about 413.5 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 27.9M | 22.3M | 20.1M | 24.8M | Interest Income | 30.2M | 28.6M | 32.9M | 26.1M |
BNY Mellon fundamental ratios Correlations
Click cells to compare fundamentals
BNY Mellon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BNY Mellon fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 823.3M | 820.1M | 664.7M | 624.3M | 717.9M | 808.8M | |
| Other Current Liab | (638.1K) | (2.5M) | (5.7M) | 275.1K | 316.3K | 300.5K | |
| Total Current Liabilities | 638.1K | 2.5M | 2.9M | 11.4M | 13.1M | 12.4M | |
| Total Stockholder Equity | 599.6M | 621.2M | 486.6M | 392.4M | 451.2M | 732.1M | |
| Net Debt | 222.0M | 195.1M | 170.6M | (6.2M) | (7.2M) | (6.8M) | |
| Cash | 531.6K | 799.1K | 4.2M | 6.2M | 7.2M | 7.5M | |
| Non Current Assets Total | 811.7M | 809.2M | 650.8M | 606.8M | 697.9M | 790.8M | |
| Non Currrent Assets Other | (811.7M) | (809.2M) | (650.8M) | (606.8M) | (546.2M) | (573.5M) | |
| Other Assets | 57.0K | 26.6K | 31.7K | 296.7K | 267.0K | 253.7K | |
| Cash And Short Term Investments | 531.6K | 799.1K | 4.2M | 6.2M | 7.2M | 7.5M | |
| Net Receivables | 11.0M | 10.1M | 9.7M | 10.9M | 9.8M | 12.5M | |
| Common Stock Shares Outstanding | 62.2M | 62.2M | 62.3M | 62.3M | 71.6M | 64.9M | |
| Liabilities And Stockholders Equity | 823.3M | 820.1M | 664.7M | 624.3M | 717.9M | 808.8M | |
| Other Stockholder Equity | 492.3M | 492.9M | 493.0M | 414.1M | 372.7M | 503.9M | |
| Total Liab | 223.7M | 198.8M | 178.1M | 231.9M | 266.7M | 280.0M | |
| Total Current Assets | 11.5M | 10.9M | 13.9M | 17.1M | 19.7M | 17.6M | |
| Short Long Term Debt Total | 222.8M | 196.1M | 174.8M | 141.5M | 162.7M | 112.1M | |
| Short Term Debt | 246.2K | 222.6K | 195.9K | 174.8K | 157.3K | 149.4K | |
| Net Tangible Assets | 539.9M | 520.7M | 542.3M | 407.7M | 366.9M | 482.0M | |
| Retained Earnings | 28.3M | 49.4M | (85.4M) | (100.7M) | (90.6M) | (86.1M) | |
| Accounts Payable | 638.1K | 2.5M | 2.9M | 11.1M | 10.0M | 10.5M | |
| Long Term Investments | 811.7M | 809.2M | 650.8M | 606.8M | 546.2M | 630.0M | |
| Long Term Debt | 229.4M | 246.2M | 222.6M | 195.9M | 225.2M | 188.0M | |
| Non Current Liabilities Total | 222.6M | 195.9M | 2.9M | 141.5M | 127.3M | 127.1M | |
| Other Current Assets | (11.5M) | (10.9M) | 31.7K | (17.1M) | (15.4M) | (14.6M) | |
| Long Term Debt Total | 229.4M | 246.2M | 222.6M | 195.9M | 225.2M | 208.7M | |
| Capital Surpluse | 500.0M | 493.6M | 492.3M | 492.9M | 443.6M | 409.2M | |
| Net Invested Capital | 743.9M | 738.7M | 582.5M | 533.8M | 480.5M | 550.6M | |
| Capital Stock | 79.0M | 79.0M | 79.0M | 62.3K | 56.1K | 53.3K |
Pair Trading with BNY Mellon
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 BNY Mellon 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 BNY Mellon will appreciate offsetting losses from the drop in the long position's value.Moving against BNY Stock
| 0.61 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.58 | SYF | Synchrony Financial Fiscal Year End 28th of January 2025 | PairCorr |
| 0.57 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.56 | AX | Axos Financial | PairCorr |
| 0.55 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
The ability to find closely correlated positions to BNY Mellon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNY Mellon 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 BNY Mellon - 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 BNY Mellon Strategic to buy it.
The correlation of BNY Mellon 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 BNY Mellon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNY Mellon Strategic 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 BNY Mellon 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 BNY Mellon. If investors know BNY 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 BNY Mellon 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 0.569 | Earnings Share 1.18 | Revenue Per Share 0.479 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0228 |
The market value of BNY Mellon Strategic is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon'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 BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon'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 BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon'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.