Bank Other Current Liab from 2010 to 2024

BAC Stock  USD 47.77  0.02  0.04%   
Bank of America's Other Current Liabilities is increasing over the years with slightly volatile fluctuation. Overall, Other Current Liabilities is expected to go to about 866.7 B this year. During the period from 2010 to 2024 Bank of America Other Current Liabilities annual values regression line had geometric mean of  30,269,813,956 and mean square error of 67602027729.9 T. View All Fundamentals
 
Other Current Liabilities  
First Reported
1992-03-31
Previous Quarter
-418.8 B
Current Value
8.9 B
Quarterly Volatility
265.4 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bank of America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of America's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 77 B or Total Revenue of 64.8 B, as well as many indicators such as Price To Sales Ratio of 1.99, Dividend Yield of 0.0397 or PTB Ratio of 1.36. Bank financial statements analysis is a perfect complement when working with Bank of America Valuation or Volatility modules.
  
Check out the analysis of Bank of America Correlation against competitors.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

Latest Bank of America's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Bank of America over the last few years. It is Bank of America's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of America's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Bank Other Current Liab Regression Statistics

Arithmetic Mean114,828,336,667
Geometric Mean30,269,813,956
Coefficient Of Variation259.37
Mean Deviation194,988,716,889
Median10,646,000,000
Standard Deviation297,832,333,633
Sample Variance88704098957.1T
Range893.6B
R-Value0.54
Mean Square Error67602027729.9T
R-Squared0.29
Significance0.04
Slope36,007,490,536
Total Sum of Squares1241857385399.6T

Bank Other Current Liab History

2024866.7 B
2023825.4 B
2022-26.9 B
2021-23.8 B
2020-19.3 B
2019-24.2 B
2018-20.2 B

About Bank of America Financial Statements

Bank of America stakeholders use historical fundamental indicators, such as Bank of America's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Bank of America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bank of America's assets and liabilities are reflected in the revenues and expenses on Bank of America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bank of America. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities825.4 B866.7 B

Also Currently Popular

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 Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America'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 Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:
Check out the analysis of Bank of America Correlation against competitors.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 Bank of America. If investors know Bank 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 Bank of America 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
(0.10)
Dividend Share
0.98
Earnings Share
2.76
Revenue Per Share
11.95
Quarterly Revenue Growth
(0.01)
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America'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 Bank of America's market value can be influenced by many factors that don't directly affect Bank of America'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 Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America'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.