Banco Current Deferred Revenue vs Net Tangible Assets Analysis
SAN Stock | USD 4.55 0.19 4.01% |
Banco Santander financial indicator trend analysis is way more than just evaluating Banco Santander SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Santander SA is a good investment. Please check the relationship between Banco Santander Current Deferred Revenue and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Banco Santander SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Current Deferred Revenue vs Net Tangible Assets
Current Deferred Revenue vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco Santander SA Current Deferred Revenue account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Banco Santander's Current Deferred Revenue and Net Tangible Assets is 0.4. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Banco Santander SA, assuming nothing else is changed. The correlation between historical values of Banco Santander's Current Deferred Revenue and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Banco Santander SA are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Current Deferred Revenue i.e., Banco Santander's Current Deferred Revenue and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Banco Santander's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Santander SA 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Banco Santander SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Banco Santander's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 7.16, while Selling General Administrative is likely to drop about 12.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 48.4B | 54.2B | 59.6B | 33.9B | Total Revenue | 48.4B | 54.2B | 44.8B | 33.4B |
Banco Santander fundamental ratios Correlations
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Banco Santander Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banco Santander fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 17.1B | 17.3B | 17.3B | 16.9B | 16.2B | 8.6B | |
Total Assets | 1.5T | 1.5T | 1.6T | 1.7T | 1.8T | 908.6B | |
Short Long Term Debt Total | 294.6B | 257.3B | 272.7B | 324.1B | 311.0B | 326.5B | |
Other Current Liab | (34.5B) | (24.0B) | (29.0B) | (46.8B) | (53.9B) | (51.2B) | |
Total Current Liabilities | 34.5B | 24.0B | 29.0B | 46.8B | 919.1B | 965.0B | |
Total Stockholder Equity | 100.1B | 81.5B | 86.9B | 89.1B | 95.4B | 58.3B | |
Property Plant And Equipment Net | 34.3B | 31.8B | 32.3B | 33.0B | 32.9B | 34.6B | |
Net Debt | 133.5B | 62.2B | 14.2B | 35.7B | 64.1B | 71.8B | |
Retained Earnings | 67.5B | 56.8B | 68.4B | 76.3B | 76.4B | 80.2B | |
Accounts Payable | 1.9B | 2.0B | 2.4B | 3.0B | 3.3B | 3.2B | |
Cash | 128.5B | 173.0B | 234.8B | 247.2B | 246.9B | 259.2B | |
Non Current Assets Total | 274.0B | 247.5B | 241.9B | 268.7B | 1.7T | 1.8T | |
Non Currrent Assets Other | (22.8B) | (19.2B) | (19.4B) | (20.8B) | (324.5B) | (308.3B) | |
Other Assets | 992.2B | 970.7B | 1.0T | 1.1T | (478.7B) | (454.7B) | |
Cash And Short Term Investments | 249.7B | 284.7B | 335.2B | 390.8B | 220.3B | 127.7B | |
Net Receivables | 6.8B | 5.3B | 5.8B | 9.2B | 10.6B | 5.5B | |
Liabilities And Stockholders Equity | 1.5T | 1.5T | 1.6T | 1.7T | 1.8T | 908.6B | |
Non Current Liabilities Total | 235.9B | 219.2B | 228.9B | 46.8B | 581.2B | 610.2B | |
Other Stockholder Equity | 53.2B | 52.7B | 47.9B | 46.5B | 43.3B | 26.0B | |
Total Liab | 1.4T | 1.4T | 1.5T | 1.6T | 1.7T | 1.8T | |
Total Current Assets | 256.6B | 290.0B | 340.9B | 400.0B | 590.7B | 620.3B | |
Short Term Debt | 32.6B | 22.0B | 26.6B | 43.7B | 46.8B | 43.0B | |
Accumulated Other Comprehensive Income | (28.9B) | (36.7B) | (38.0B) | (42.1B) | (32.3B) | (30.7B) | |
Common Stock | 8.1B | 8.3B | 8.7B | 8.4B | 8.1B | 5.7B | |
Other Liab | 45.6B | 41B | 57.4B | 44.6B | 40.1B | 38.1B | |
Long Term Debt | 262.0B | 235.3B | 246.2B | 280.3B | 308.6B | 256.9B | |
Good Will | 24.2B | 12.5B | 12.7B | 13.7B | 14.0B | 20.6B | |
Short Term Investments | 121.3B | 111.7B | 100.4B | 77.0B | 21.5B | 20.4B | |
Intangible Assets | 3.4B | 3.4B | 3.9B | 4.9B | 5.9B | 4.0B | |
Property Plant Equipment | 34.3B | 31.8B | 32.3B | 34.1B | 39.2B | 41.1B | |
Common Stock Total Equity | 8.1B | 8.1B | 8.3B | 8.7B | 10.0B | 5.7B | |
Other Current Assets | 223.5B | 281.1B | 319.3B | 357.2B | 370.4B | 486.6B | |
Property Plant And Equipment Gross | 34.3B | 31.8B | 50.0B | 51.7B | 32.9B | 20.3B | |
Inventory | (223.5B) | (281.1B) | (319.3B) | (357.2B) | (232.6B) | (221.0B) | |
Treasury Stock | (59M) | (31M) | (69M) | (894M) | (804.6M) | (764.4M) | |
Long Term Investments | 339.1B | 1.3T | 193.0B | 217.0B | 271.7B | 373.4B | |
Short Long Term Debt | 384.2B | 22.0B | 25.9B | 43.0B | 46.2B | 43.9B | |
Net Tangible Assets | 72.4B | 65.6B | 70.3B | 70.5B | 81.0B | 75.8B | |
Long Term Debt Total | 262.0B | 235.3B | 246.2B | 280.3B | 322.4B | 267.2B |
Pair Trading with Banco Santander
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 Banco Santander 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 Banco Santander will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Banco Santander could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Santander 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 Banco Santander - 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 Banco Santander SA to buy it.
The correlation of Banco Santander 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 Banco Santander moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Santander SA 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 Banco Santander 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Banco Santander SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Diversified 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 Banco Santander. If investors know Banco 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 Banco Santander 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 0.177 | Dividend Share 0.195 | Earnings Share 0.78 | Revenue Per Share 3.044 | Quarterly Revenue Growth 0.047 |
The market value of Banco Santander SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Santander's value that differs from its market value or its book value, called intrinsic value, which is Banco Santander'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 Banco Santander's market value can be influenced by many factors that don't directly affect Banco Santander'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 Banco Santander's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Santander is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Santander'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.