BBVA Operating Income vs Total Other Income Expense Net Analysis
BBAR Stock | USD 16.58 0.22 1.34% |
BBVA Banco financial indicator trend analysis is way more than just evaluating BBVA Banco Frances prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BBVA Banco Frances is a good investment. Please check the relationship between BBVA Banco Operating Income and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BBVA Banco Frances. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Operating Income vs Total Other Income Expense Net
Operating Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BBVA Banco Frances Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between BBVA Banco's Operating Income and Total Other Income Expense Net is 0.78. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of BBVA Banco Frances, assuming nothing else is changed. The correlation between historical values of BBVA Banco's Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of BBVA Banco Frances are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., BBVA Banco's Operating Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from BBVA Banco Frances operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BBVA Banco Frances is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Other Income Expense Net
Most indicators from BBVA Banco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BBVA Banco Frances 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 BBVA Banco Frances. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, BBVA Banco's Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024, Tax Provision is likely to grow to about 163.9 B, while Sales General And Administrative To Revenue is likely to drop 0.22.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 291.9B | 394.1B | 1.9T | 2.0T | Total Revenue | 291.9B | 394.1B | 1.9T | 2.0T |
BBVA Banco fundamental ratios Correlations
Click cells to compare fundamentals
BBVA Banco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BBVA Banco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 618.3B | 1.0T | 2.0T | 2.0T | 6.1T | 6.4T | |
Other Current Liab | (515.0M) | (4.8B) | (758.7M) | (8.3B) | (227.5B) | (216.1B) | |
Total Current Liabilities | 515.0M | 62.7M | 68.6M | 40.8M | 357.1B | 375.0B | |
Total Stockholder Equity | 112.7B | 169.6B | 311.3B | 356.0B | 1.4T | 1.5T | |
Property Plant And Equipment Net | 35.5B | 51.0B | 99.2B | 96.1B | 298.2B | 313.1B | |
Net Debt | (191.0B) | (208.8B) | (395.7B) | (272.1B) | (1.1T) | (1.0T) | |
Retained Earnings | (26.1B) | (88.0B) | (66.5B) | (46.0B) | (169.6B) | (161.1B) | |
Accounts Payable | 515.0M | 62.7M | 68.6M | 127.2M | 12.9M | 12.2M | |
Cash | 212.7B | 229.5B | 425.2B | 296.2B | 1.1T | 1.2T | |
Non Current Assets Total | 110.7B | 261.1B | 489.5B | 794.3B | 6.5T | 6.9T | |
Non Currrent Assets Other | (110.7B) | (261.1B) | (489.5B) | (794.3B) | (1.5T) | (1.4T) | |
Other Assets | 223.9B | 345.1B | 738.7B | 214.9B | (2.7T) | (2.6T) | |
Cash And Short Term Investments | 274.3B | 422.1B | 750.6B | 913.5B | 2.0T | 2.1T | |
Net Receivables | 9.5B | 17.9B | 29.5B | 111.0B | 104.5B | 109.8B | |
Common Stock Shares Outstanding | 204.2M | 612.7M | 204.2M | 204.2M | 612.7M | 643.3M | |
Liabilities And Stockholders Equity | 618.3B | 1.0T | 2.0T | 2.0T | 6.1T | 6.4T | |
Non Current Liabilities Total | 21.7B | 26.1B | 46.2B | 28.4B | 4.6T | 4.8T | |
Other Current Assets | 166.3B | 9.9B | 12.5B | 26.8B | 35.0B | 35.6B | |
Other Stockholder Equity | 45.0B | 68.3B | 133.6B | (335.3B) | 417.3B | 438.1B | |
Total Liab | 503.5B | 873.2B | 1.7T | 1.6T | 4.7T | 4.9T | |
Property Plant And Equipment Gross | 26.1B | 33.8B | 67.4B | 131.5B | 408.6B | 429.0B | |
Total Current Assets | 283.8B | 440.0B | 780.1B | 942.8B | 2.3T | 2.4T | |
Short Long Term Debt Total | 21.7B | 20.7B | 29.5B | 24.1B | 64.4B | 67.6B | |
Accumulated Other Comprehensive Income | 93.2B | 188.7B | 243.6B | 267.8B | 1.1T | 1.2T | |
Intangible Assets | 1.1B | 2.3B | 7.2B | 9.6B | 33.1B | 34.8B | |
Short Term Investments | 61.5B | 192.6B | 325.5B | 617.3B | 843.9B | 886.1B | |
Other Liab | 21.1B | 34.2B | 33.4B | 84.7B | 97.4B | 102.3B | |
Net Tangible Assets | 69.0B | 100.1B | 101.1B | 155.7B | 179.1B | 188.0B | |
Long Term Debt | 13.5B | 1.2B | 503M | 191M | 40.9B | 42.9B | |
Capital Lease Obligations | 2.5B | 3.0B | 2.9B | 4.1B | 23.5B | 24.7B | |
Inventory | 19.5M | 15.9M | 14.4M | 139.5B | 160.5B | 168.5B | |
Long Term Investments | 54.5B | 137.0B | 205.3B | 707.8B | 1.2T | 1.2T | |
Property Plant Equipment | 26.1B | 35.5B | 33.8B | 50.9B | 58.6B | 61.5B |
Pair Trading with BBVA Banco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BBVA Banco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BBVA Banco will appreciate offsetting losses from the drop in the long position's value.Moving together with BBVA Stock
Moving against BBVA Stock
0.69 | CFG-PE | Citizens Financial | PairCorr |
0.68 | TFC-PO | Truist Financial | PairCorr |
0.64 | TFC-PR | Truist Financial | PairCorr |
0.46 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to BBVA Banco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BBVA Banco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BBVA Banco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BBVA Banco Frances to buy it.
The correlation of BBVA Banco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BBVA Banco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BBVA Banco Frances moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BBVA Banco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BBVA Stock Analysis
When running BBVA Banco's price analysis, check to measure BBVA Banco'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 BBVA Banco is operating at the current time. Most of BBVA Banco's value examination focuses on studying past and present price action to predict the probability of BBVA Banco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBVA Banco's price. Additionally, you may evaluate how the addition of BBVA Banco to your portfolios can decrease your overall portfolio volatility.