BNK Total Current Liabilities vs Total Assets Analysis

BBC Stock   0.33  0.01  2.94%   
BNK Banking financial indicator trend analysis is way more than just evaluating BNK Banking prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BNK Banking is a good investment. Please check the relationship between BNK Banking Total Current Liabilities and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNK Banking. 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BNK Banking Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BNK Banking's Total Current Liabilities and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of BNK Banking, assuming nothing else is changed. The correlation between historical values of BNK Banking's Total Current Liabilities and Total 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 Total Current Liabilities of BNK Banking are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., BNK Banking's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on BNK Banking balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BNK Banking are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of BNK Banking assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BNK Banking books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from BNK Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BNK Banking 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 BNK Banking. 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.
At this time, BNK Banking's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 87.2 M in 2024, despite the fact that Tax Provision is likely to grow to (1.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit21.4M66.3M93.6M63.7M
Total Revenue21.4M66.3M20.8M19.8M

BNK Banking fundamental ratios Correlations

0.840.030.850.860.980.710.430.90.940.981.00.640.460.230.840.030.940.630.90.26-0.47-0.720.880.650.27
0.840.30.620.590.770.360.620.80.880.90.830.730.620.50.970.190.90.80.960.47-0.03-0.740.920.270.33
0.030.3-0.35-0.28-0.14-0.060.12-0.180.270.170.040.690.810.810.40.810.29-0.090.120.880.56-0.30.11-0.20.49
0.850.62-0.350.760.920.460.570.820.650.770.850.330.0-0.210.55-0.240.70.680.79-0.19-0.51-0.430.790.460.02
0.860.59-0.280.760.90.850.160.930.770.810.860.260.13-0.10.58-0.090.710.550.66-0.09-0.8-0.550.620.86-0.06
0.980.77-0.140.920.90.70.450.930.870.940.980.490.280.060.75-0.060.870.660.870.07-0.58-0.630.840.670.12
0.710.36-0.060.460.850.7-0.260.640.70.660.720.320.310.090.470.060.620.110.410.16-0.81-0.440.380.990.15
0.430.620.120.570.160.45-0.260.460.390.490.410.30.090.110.490.230.40.70.640.00.26-0.390.57-0.29-0.16
0.90.8-0.180.820.930.930.640.460.830.890.890.370.210.010.72-0.060.80.80.83-0.02-0.55-0.660.790.63-0.02
0.940.880.270.650.770.870.70.390.830.980.940.70.660.510.930.240.930.550.880.49-0.33-0.790.810.610.29
0.980.90.170.770.810.940.660.490.890.980.970.680.550.370.910.160.950.660.930.37-0.36-0.780.880.590.26
1.00.830.040.850.860.980.720.410.890.940.970.640.470.240.840.040.940.610.90.27-0.48-0.690.880.660.28
0.640.730.690.330.260.490.320.30.370.70.680.640.890.680.780.370.840.360.670.820.2-0.590.730.170.79
0.460.620.810.00.130.280.310.090.210.660.550.470.890.910.730.460.680.140.50.970.29-0.560.510.150.74
0.230.50.81-0.21-0.10.060.090.110.010.510.370.240.680.910.620.510.44-0.010.360.950.47-0.480.3-0.060.54
0.840.970.40.550.580.750.470.490.720.930.910.840.780.730.620.270.910.630.930.6-0.07-0.780.880.360.4
0.030.190.81-0.24-0.09-0.060.060.23-0.060.240.160.040.370.460.510.270.15-0.090.030.510.24-0.22-0.08-0.02-0.05
0.940.90.290.70.710.870.620.40.80.930.950.940.840.680.440.910.150.640.90.51-0.24-0.710.920.520.51
0.630.8-0.090.680.550.660.110.70.80.550.660.610.360.14-0.010.63-0.090.640.77-0.04-0.09-0.430.790.080.02
0.90.960.120.790.660.870.410.640.830.880.930.90.670.50.360.930.030.90.770.33-0.16-0.720.960.330.29
0.260.470.88-0.19-0.090.070.160.0-0.020.490.370.270.820.970.950.60.510.51-0.040.330.43-0.440.340.00.73
-0.47-0.030.56-0.51-0.8-0.58-0.810.26-0.55-0.33-0.36-0.480.20.290.47-0.070.24-0.24-0.09-0.160.430.09-0.12-0.890.3
-0.72-0.74-0.3-0.43-0.55-0.63-0.44-0.39-0.66-0.79-0.78-0.69-0.59-0.56-0.48-0.78-0.22-0.71-0.43-0.72-0.440.09-0.65-0.37-0.26
0.880.920.110.790.620.840.380.570.790.810.880.880.730.510.30.88-0.080.920.790.960.34-0.12-0.650.290.46
0.650.27-0.20.460.860.670.99-0.290.630.610.590.660.170.15-0.060.36-0.020.520.080.330.0-0.89-0.370.290.01
0.270.330.490.02-0.060.120.15-0.16-0.020.290.260.280.790.740.540.4-0.050.510.020.290.730.3-0.260.460.01
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BNK Banking Account Relationship Matchups

BNK Banking fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets834.1M1.3B1.4B1.7B1.7B1.8B
Total Stockholder Equity109.2M128.0M190.4M128.2M121.1M71.7M
Property Plant And Equipment Net3.8M2.6M812K490K189K179.6K
Net Debt(44.1M)17.3M106.4M194.9M111.1M116.7M
Cash48.7M47.3M140.0M90.7M210.3M220.8M
Non Current Assets Total404.4M744.4M1.3B1.6B1.6B1.7B
Non Currrent Assets Other411.6M530.5M29.9M19.6M1.5B1.6B
Other Assets742.3M1.01.3B1.6B5.8M5.5M
Cash And Short Term Investments48.7M47.3M140.0M90.7M118.4M124.3M
Common Stock Shares Outstanding88.3M98.0M118.3M118.7M118.7M124.7M
Liabilities And Stockholders Equity834.1M1.3B1.4B1.7B1.7B1.8B
Total Liab724.9M1.2B1.2B1.6B1.6B1.7B
Property Plant And Equipment Gross3.8M5.9M2.6M2.6M2.0M1.9M
Total Current Assets429.7M577.4M166.6M95.4M118.4M152.5M
Accumulated Other Comprehensive Income1.3M1.3M1.7M2.0M1.6M1.2M
Intangible Assets44.4M43.7M7.4M7.4M271K257.5K
Common Stock103.5M116.7M118.9M100.3M115.4M59.7M
Other Current Liab480.3M(4.4M)(5.9M)(6.1M)(5.0M)(4.8M)
Total Current Liabilities483.0M875.1M721.9M600.2M644.1M676.3M
Retained Earnings4.5M10.0M69.8M26.0M19.1M11.5M
Accounts Payable2.7M4.4M5.9M6.1M5.0M2.9M
Net Receivables412.6M531.3M29.9M19.6M17.3M16.4M
Other Current Assets429.7M577.4M166.6M95.4M(1.4B)(1.3B)
Short Term Investments38.1M148.1M164.6M147.6M115.1M70.0M
Other Liab14.0M468.1M9.6M6.7M7.8M7.4M
Net Tangible Assets63.3M84.3M183.0M120.8M138.9M70.7M
Long Term Investments38.2M148.1M164.6M147.6M115.1M76.5M
Property Plant Equipment3.8M2.6M812K490K563.5K535.3K
Earning Assets8.0M317.9M432.7M152.4M175.3M147.8M
Non Current Liabilities Total241.9M318.7M523.0M951.4M1.6B1.7B
Inventory(461.4M)(578.6M)(169.9M)(110.3M)1.4B1.4B
Long Term Debt Total4.6M3.4M866K544K625.6K594.3K
Capital Stock103.4M116.6M118.9M100.3M115.4M116.6M

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Additional Tools for BNK Stock Analysis

When running BNK Banking's price analysis, check to measure BNK Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BNK Banking is operating at the current time. Most of BNK Banking's value examination focuses on studying past and present price action to predict the probability of BNK Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BNK Banking's price. Additionally, you may evaluate how the addition of BNK Banking to your portfolios can decrease your overall portfolio volatility.