Bank Of America Stock Current Asset
NCB Stock | EUR 45.00 0.40 0.88% |
Bank of America fundamentals help investors to digest information that contributes to Bank of America's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of America's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank of America stock.
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Bank of America Company Current Asset Analysis
Bank of America's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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In accordance with the recently published financial statements, Bank of America has a Current Asset of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Banks - Global (which currently averages 0.0) industry. The current asset for all Germany stocks is 100.0% higher than that of the company.
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Bank Fundamentals
Return On Equity | 0.1 | |||
Return On Asset | 0.0089 | |||
Profit Margin | 0.30 % | |||
Operating Margin | 0.34 % | |||
Shares Outstanding | 8 B | |||
Shares Owned By Insiders | 0.14 % | |||
Shares Owned By Institutions | 71.64 % | |||
Price To Earning | 9.76 X | |||
Price To Book | 1.08 X | |||
Price To Sales | 2.62 X | |||
Revenue | 94.95 B | |||
Gross Profit | 92.41 B | |||
Net Income | 27.53 B | |||
Cash And Equivalents | 725.06 B | |||
Cash Per Share | 77.61 X | |||
Total Debt | 275.98 B | |||
Book Value Per Share | 30.61 X | |||
Cash Flow From Operations | (6.33 B) | |||
Earnings Per Share | 3.01 X | |||
Price To Earnings To Growth | 87.76 X | |||
Number Of Employees | 217 K | |||
Beta | 1.4 | |||
Market Capitalization | 256.32 B | |||
Total Asset | 3.05 T | |||
Annual Yield | 0.03 % | |||
Five Year Return | 1.27 % | |||
Net Asset | 3.05 T | |||
Last Dividend Paid | 0.86 |
About Bank of America Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of America using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of America based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Bank Stock
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Bank of America. 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. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.