Bny Total Current Assets vs Common Stock Analysis
DMF Stock | USD 7.45 0.06 0.81% |
Bny Mellon financial indicator trend analysis is way more than just evaluating Bny Mellon Municipalome prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bny Mellon Municipalome is a good investment. Please check the relationship between Bny Mellon Total Current Assets and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bny Mellon Municipalome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bny Mellon Municipalome Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bny Mellon's Total Current Assets and Common Stock is -0.27. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bny Mellon Municipalome, assuming nothing else is changed. The correlation between historical values of Bny Mellon's Total Current Assets and Common Stock 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 Assets of Bny Mellon Municipalome are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Bny Mellon's Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Common Stock
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 Municipalome 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bny Mellon Municipalome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Bny Mellon's Enterprise Value Multiple is most likely to slightly grow in the upcoming years. The Bny Mellon's current Enterprise Value is estimated to increase to about 175.8 M, while Selling General Administrative is projected to decrease to roughly 319.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 736.6K | 2.1M | 1.9M | 3.3M | Depreciation And Amortization | 228.5K | 167.9K | 151.1K | 158.7K |
Bny Mellon fundamental ratios Correlations
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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 | 289.6M | 291.6M | 234.1M | 221.0M | 254.2M | 293.7M | |
Other Current Liab | (195.1K) | (863.0K) | (2.4M) | 114.7K | 103.2K | 98.1K | |
Total Current Liabilities | 195.1K | 863.0K | 2.4M | 2.0M | 1.8M | 2.1M | |
Total Stockholder Equity | 217.9M | 223.0M | 174.2M | 141.7M | 162.9M | 254.8M | |
Net Debt | 70.9M | 66.6M | 55.4M | (249.9K) | (287.4K) | (273.0K) | |
Retained Earnings | 8.7M | 13.8M | (35.1M) | (37.4M) | (33.6M) | (32.0M) | |
Cash | 263.9K | 788.3K | 1.8M | 249.9K | 224.9K | 213.7K | |
Non Current Assets Total | 285.6M | 287.3M | 228.9M | 216.5M | 249.0M | 287.3M | |
Non Currrent Assets Other | (285.6M) | (287.3M) | (228.9M) | (216.5M) | (194.9M) | (204.6M) | |
Other Assets | 8.9K | 8.8K | 10.4K | 263.3K | 237.0K | 225.2K | |
Cash And Short Term Investments | 263.9K | 788.3K | 1.8M | 249.9K | 224.9K | 213.7K | |
Net Receivables | 3.7M | 3.5M | 3.3M | 4.0M | 3.6M | 4.1M | |
Liabilities And Stockholders Equity | 289.6M | 291.6M | 234.1M | 221.0M | 254.2M | 293.7M | |
Non Current Liabilities Total | 71.2M | 67.4M | 2.4M | 47.1M | 54.2M | 56.9M | |
Total Liab | 71.7M | 68.6M | 59.9M | 79.4M | 91.3M | 95.9M | |
Total Current Assets | 3.9M | 4.3M | 5.2M | 4.3M | 3.8M | 4.6M | |
Net Tangible Assets | 194.1M | 187.7M | 192.8M | 144.0M | 129.6M | 164.0M | |
Accounts Payable | 195.1K | 863.0K | 2.4M | 1.8M | 1.7M | 1.2M | |
Long Term Investments | 285.6M | 287.3M | 228.9M | 216.5M | 194.9M | 214.9M | |
Short Long Term Debt Total | 71.2M | 67.4M | 57.2M | 47.1M | 54.2M | 64.8M | |
Other Current Assets | (3.9M) | (4.3M) | (5.2M) | (4.3M) | (3.8M) | (4.0M) | |
Net Invested Capital | 258.9M | 260.2M | 201.2M | 188.8M | 169.9M | 193.6M | |
Capital Stock | 30.2M | 30.2M | 30.2M | 20.8K | 18.7K | 17.7K |
Currently Active Assets on Macroaxis
When determining whether Bny Mellon Municipalome is a strong investment it is important to analyze Bny Mellon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bny Mellon's future performance. For an informed investment choice regarding Bny Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bny Mellon Municipalome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 0.421 | Dividend Share 0.287 | Earnings Share 0.43 | Revenue Per Share 0.474 | Quarterly Revenue Growth 0.041 |
The market value of Bny Mellon Municipalome 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.