Benchmark Inventory vs Cash Analysis
BHE Stock | USD 48.49 0.44 0.92% |
Benchmark Electronics financial indicator trend analysis is way more than just evaluating Benchmark Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Benchmark Electronics is a good investment. Please check the relationship between Benchmark Electronics Inventory and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Benchmark Electronics Inventory account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Benchmark Electronics' Inventory and Cash is 0.0. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Benchmark Electronics, assuming nothing else is changed. The correlation between historical values of Benchmark Electronics' Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Benchmark Electronics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Benchmark Electronics' Inventory and Cash go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Inventory
Cash
Cash refers to the most liquid asset of Benchmark Electronics, which is listed under current asset account on Benchmark Electronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Benchmark Electronics customers. The amounts must be unrestricted with restricted cash listed in a different Benchmark Electronics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Benchmark Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Benchmark Electronics 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 Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.At present, Benchmark Electronics' Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 789.3 M, whereas Selling General Administrative is forecasted to decline to about 78 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 205.9M | 255.2M | 271.1M | 146.8M | Total Revenue | 2.3B | 2.9B | 2.8B | 1.8B |
Benchmark Electronics fundamental ratios Correlations
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Benchmark Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Benchmark Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 1.7B | 1.9B | 2.2B | 2.3B | 1.2B | |
Short Long Term Debt Total | 215.6M | 212.3M | 221.2M | 411.6M | 454.3M | 477.1M | |
Other Current Liab | 147.4M | 100.1M | 102.6M | 110.4M | 114.7M | 120.4M | |
Total Current Liabilities | 459.2M | 481.1M | 654.4M | 749.1M | 713.5M | 749.2M | |
Total Stockholder Equity | 1.0B | 989.6M | 973.8M | 1.0B | 1.1B | 782.8M | |
Property Plant And Equipment Net | 282.7M | 265.2M | 285.8M | 304.6M | 358.5M | 376.5M | |
Retained Earnings | 515.9M | 492.2M | 480.0M | 519.9M | 560.5M | 333.9M | |
Cash | 364.0M | 390.8M | 271.7M | 207.4M | 277.4M | 246.2M | |
Non Current Assets Total | 564.8M | 541.9M | 555.7M | 575.2M | 639.0M | 671.0M | |
Cash And Short Term Investments | 364.0M | 390.8M | 271.7M | 207.4M | 277.4M | 269.5M | |
Net Receivables | 485.5M | 452.5M | 511.5M | 675.6M | 624.4M | 339.3M | |
Common Stock Shares Outstanding | 38.8M | 36.8M | 36.1M | 35.7M | 36.0M | 46.7M | |
Liabilities And Stockholders Equity | 1.8B | 1.7B | 1.9B | 2.2B | 2.3B | 1.2B | |
Non Current Liabilities Total | 285.8M | 273.5M | 275.7M | 451.8M | 482.1M | 506.2M | |
Inventory | 315.0M | 327.4M | 523.2M | 727.7M | 683.8M | 718.0M | |
Other Stockholder Equity | 512.0M | 510.4M | 507.4M | 519.2M | 528.8M | 453.6M | |
Total Liab | 745.0M | 754.6M | 930.1M | 1.2B | 1.2B | 1.3B | |
Property Plant And Equipment Gross | 282.7M | 265.2M | 285.8M | 304.6M | 864.9M | 908.1M | |
Total Current Assets | 1.2B | 1.2B | 1.3B | 1.7B | 1.6B | 938.1M | |
Accumulated Other Comprehensive Income | (16.8M) | (16.7M) | (17.2M) | (16.2M) | (13.9M) | (14.6M) | |
Net Debt | (148.3M) | (178.5M) | (50.6M) | 204.2M | 177.0M | 185.8M | |
Accounts Payable | 303.0M | 282.2M | 426.6M | 424.3M | 367.5M | 249.3M | |
Non Currrent Assets Other | 8.9M | 9.6M | 7.6M | (12.2M) | 61.4M | 64.5M | |
Other Current Assets | 30.7M | 31.6M | 42.5M | 41.4M | 50.2M | 32.7M | |
Good Will | 282.1M | 276.6M | 269.9M | 270.6M | 192.1M | 169.5M | |
Common Stock Total Equity | 3.7M | 3.6M | 3.5M | 3.5M | 4.0M | 4.5M | |
Short Term Debt | 8.8M | 9.2M | 985K | 4.3M | 4.3M | 6.4M | |
Common Stock | 3.7M | 3.6M | 3.5M | 3.5M | 3.6M | 4.5M | |
Other Liab | 79.0M | 70.3M | 55.5M | 44.4M | 51.1M | 32.2M | |
Other Assets | 11.9M | 12.1M | 12.8M | 8.1M | 7.3M | 6.9M | |
Long Term Debt | 138.9M | 131.1M | 129.3M | 320.7M | 326.7M | 343.0M | |
Intangible Assets | 75.8M | 70.0M | 64.2M | 58.2M | 51.0M | 69.9M | |
Property Plant Equipment | 205.8M | 185.3M | 285.8M | 304.6M | 350.2M | 367.8M | |
Net Tangible Assets | 890.6M | 869.6M | 703.9M | 921.0M | 828.9M | 821.6M | |
Retained Earnings Total Equity | 515.9M | 492.2M | 480.0M | 519.9M | 597.9M | 524.1M | |
Long Term Debt Total | 138.9M | 131.1M | 129.3M | 320.7M | 368.8M | 387.2M | |
Capital Surpluse | 512.0M | 510.4M | 507.4M | 519.2M | 467.3M | 473.9M | |
Capital Lease Obligations | 67.9M | 72.1M | 90.9M | 86.7M | 123.4M | 92.2M |
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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 Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' 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 Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components 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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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 (0.26) | Dividend Share 0.665 | Earnings Share 1.72 | Revenue Per Share 74.962 | Quarterly Revenue Growth (0.09) |
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.