Berkshire Total Assets vs Total Current Assets Analysis
BHLB Stock | USD 30.30 0.31 1.01% |
Berkshire Hills financial indicator trend analysis is way more than just evaluating Berkshire Hills Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hills Bancorp is a good investment. Please check the relationship between Berkshire Hills Total Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hills Bancorp Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Berkshire Hills' Total Assets and Total Current Assets is 0.24. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Berkshire Hills Bancorp, assuming nothing else is changed. The correlation between historical values of Berkshire Hills' Total Assets and Total Current 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 Assets of Berkshire Hills Bancorp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Berkshire Hills' Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Berkshire Hills 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 Berkshire Hills Bancorp 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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Berkshire Hills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hills Bancorp 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 Berkshire Hills Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 89.6 M, whereas Discontinued Operations is projected to grow to (17 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 37.9M | 42.7M | 207.3M | 217.6M | Depreciation And Amortization | 16.2M | 14.7M | 13.3M | 8.7M |
Berkshire Hills fundamental ratios Correlations
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Berkshire Hills Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hills fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.2B | 12.8B | 11.6B | 11.7B | 12.4B | 6.4B | |
Short Long Term Debt Total | 827.6M | 571.6M | 110.8M | 125.5M | 568.3M | 586.0M | |
Total Current Liabilities | 136.6M | 43.9M | 775K | 1.6M | 9.6B | 10.0B | |
Total Stockholder Equity | 1.8B | 1.2B | 1.2B | 954.1M | 1.0B | 726.3M | |
Property Plant And Equipment Net | 120.4M | 112.7M | 94.4M | 85.2M | 116.3M | 67.5M | |
Net Debt | 722.1M | 480.4M | 1.5M | (19.8M) | (635.0M) | (603.2M) | |
Retained Earnings | 361.1M | (233.3M) | (139.4M) | (71.4M) | (33.1M) | (31.5M) | |
Cash | 105.4M | 91.2M | 109.4M | 145.3M | 1.2B | 1.3B | |
Non Current Assets Total | 2.9B | 3.8B | 4.2B | 2.8B | 11.2B | 11.8B | |
Non Currrent Assets Other | (51.2M) | (80.7M) | (69.8M) | (2.3M) | 10.0B | 10.5B | |
Cash And Short Term Investments | 1.9B | 3.3B | 3.5B | 2.1B | 1.2B | 916.5M | |
Net Receivables | 60.2M | 87.7M | 64.1M | 81.3M | 86.7M | 91.0M | |
Common Stock Shares Outstanding | 49.4M | 50.3M | 49.6M | 45.9M | 43.5M | 25.3M | |
Liabilities And Stockholders Equity | 13.2B | 12.8B | 11.6B | 11.7B | 12.4B | 6.4B | |
Non Current Liabilities Total | 827.6M | 571.6M | 110.8M | 1.6M | 11.4B | 12.0B | |
Other Current Assets | 652.6M | 2.0B | 1.7B | 776.6M | 1.3B | 1.2B | |
Other Stockholder Equity | 1.3B | 1.4B | 1.3B | 1.2B | 1.2B | 1.2B | |
Total Liab | 11.5B | 11.7B | 10.4B | 10.7B | 11.4B | 12.0B | |
Property Plant And Equipment Gross | 196.7M | 172.7M | 235.4M | 298.5M | 213.7M | 224.4M | |
Total Current Assets | 1.9B | 3.3B | 3.6B | 2.2B | 1.2B | 1.1B | |
Accumulated Other Comprehensive Income | 12.0M | 30.9M | (3.2M) | (181.1M) | (143.0M) | (135.9M) | |
Short Term Debt | 125M | 40M | 14.8M | 10.8M | 270.6M | 361.2M | |
Other Liab | 82.7M | 232.7M | 192.7M | 88.6M | 101.9M | 70.5M | |
Accounts Payable | 11.6M | 3.9M | 775K | 1.6M | 12.4M | 11.7M | |
Other Assets | 8.4B | 5.7B | 3.8B | 6.7B | 7.7B | 5.4B | |
Long Term Debt | 702.6M | 571.6M | 110.8M | 125.5M | 246.6M | 256.8M | |
Good Will | 553.8M | 0.0 | (16.0M) | (13.0M) | (15.0M) | (14.3M) | |
Short Term Investments | 1.8B | 3.2B | 3.4B | 2.0B | 1.0B | 944.1M | |
Inventory | (652.6M) | (2.0B) | (1.7B) | (776.6M) | 61.5M | 64.6M | |
Intangible Assets | 45.6M | 34.8M | 45.6M | 37.5M | 31.8M | 22.9M | |
Common Stock | 1.5B | 517K | 528K | 1.2B | 607.2K | 576.8K | |
Property Plant Equipment | 121.5M | 112.8M | 94.4M | 85.2M | 98.0M | 67.7M | |
Treasury Stock | (22.0M) | (69.6M) | (31.3M) | (89.9M) | (80.9M) | (76.8M) | |
Other Current Liab | (136.6M) | (43.9M) | 13.3M | 7.6M | 9.3B | 9.7B | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 929.6M | 1.1B | 824.9M | |
Retained Earnings Total Equity | 361.1M | (233.3M) | (139.4M) | (71.4M) | (64.3M) | (61.1M) | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.1B | |
Long Term Investments | 11.2B | 2.2B | 4.1B | 2.6B | 1.6B | 1.5B |
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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 Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' 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 Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Regional 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 Berkshire Hills. If investors know Berkshire 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 Berkshire Hills 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 0.956 | Dividend Share 0.72 | Earnings Share 0.94 | Revenue Per Share 8.104 | Quarterly Revenue Growth 0.204 |
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' 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 Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' 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 Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' 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.