Banco Non Current Assets Total vs Property Plant Equipment Analysis
BMA Stock | USD 82.04 1.76 2.10% |
Banco Macro financial indicator trend analysis is way more than just evaluating Banco Macro SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Macro SA is a good investment. Please check the relationship between Banco Macro Non Current Assets Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro SA. 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.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco Macro SA Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Banco Macro's Non Current Assets Total and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Banco Macro SA, assuming nothing else is changed. The correlation between historical values of Banco Macro's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Banco Macro SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Banco Macro's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant Equipment
Most indicators from Banco Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Macro SA 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 Banco Macro SA. 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 present, Banco Macro's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 138.24, whereas Selling General Administrative is forecasted to decline to about 440.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.1T | 1.5T | 3.2B | 3.0B | Interest Expense | 572.6B | 956.5B | 1.8B | 1.7B |
Banco Macro fundamental ratios Correlations
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Banco Macro Account Relationship Matchups
High Positive Relationship
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Banco Macro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 604.0B | 1.2T | 1.9T | 2.1T | 7.5B | 7.1B | |
Total Stockholder Equity | 142.8B | 223.5B | 466.7B | 512.4B | 2.3B | 2.2B | |
Net Debt | (125.1B) | (322.0B) | (351.0B) | (175.2B) | (901.3M) | (946.4M) | |
Cash | 125.6B | 322.4B | 396.0B | 250.1B | 1.3B | 1.3B | |
Other Assets | 466.5B | 822.3B | 1.5T | 1.7T | (6.4T) | (6.0T) | |
Cash And Short Term Investments | 125.6B | 322.4B | 396.0B | 250.1B | 1.7B | 1.6B | |
Common Stock Shares Outstanding | 661.1M | 639.4M | 639.4M | 82.2M | 63.9M | 60.7M | |
Liabilities And Stockholders Equity | 428.4B | 769.9B | 1.0T | 2.1T | 7.5B | 7.1B | |
Other Stockholder Equity | 26.8B | (8.3B) | 61.3B | 185.7B | 647.8M | 615.4M | |
Total Liab | 461.2B | 938.6B | 1.5T | 1.6T | 5.2B | 5.0B | |
Total Current Assets | 125.6B | 322.4B | 396.0B | 363.2B | 2.1T | 2.2T | |
Non Currrent Assets Other | (5.1B) | (267.1M) | (560.2M) | (1.1T) | 4.2T | 4.4T | |
Short Long Term Debt Total | 40.8B | 60.8B | 51.5B | 87.7B | 443.0M | 420.9M | |
Other Current Liab | 13.1B | 10.6B | 7.6B | 645.5B | 2.2T | 2.3T | |
Total Current Liabilities | 8.2B | 10.9B | 19.7B | 10.8B | 2.2T | 2.3T | |
Other Liab | 1.3B | 87.2B | 124.5B | 193.9B | 223.0B | 234.1B | |
Property Plant And Equipment Net | 7.1B | 9.6B | 19.0B | 101.9B | 398.7M | 378.8M | |
Retained Earnings | 79.2B | 126.1B | 274.8B | 43.2B | 227.4M | 216.0M | |
Accounts Payable | 13.5B | 17.2B | 1.7B | 6.1B | 34.4B | 36.1B | |
Non Current Assets Total | 11.9B | 17.3B | 35.4B | 17.5B | 4.3T | 4.5T | |
Long Term Debt | 36.4B | 39.2B | 45.4B | 77.3B | 387.1B | 406.4B | |
Net Receivables | 5.6B | 57.1B | 123.4B | 113.1B | 441.8M | 419.7M | |
Good Will | (3.5B) | (5.0B) | (279K) | 240K | 75.1B | 78.8B | |
Common Stock Total Equity | 0.0 | 669.7M | 639.4M | 639M | 575.1M | 468.1M | |
Short Term Investments | 0.0 | 1.1B | (422K) | 429.5B | 325.9M | 309.6M | |
Non Current Liabilities Total | 40.1B | 54.5B | 80.0B | 1.6T | 1.9T | 2.0T | |
Other Current Assets | 106.8B | 181.7B | 251.5B | 405.4B | 2.1T | 2.2T | |
Property Plant And Equipment Gross | 25.7B | 34.4B | 70.6B | 101.9B | 559.0B | 586.9B | |
Accumulated Other Comprehensive Income | 36.1B | 105.0B | 130.0B | 282.9B | 1.4B | 1.3B | |
Intangible Assets | 4.8B | 7.7B | 16.4B | 17.4B | 84.0M | 79.8M | |
Property Plant Equipment | 3.1B | 34.4B | 52.9B | 101.9B | 117.1B | 123.0B | |
Short Term Debt | 4.3B | 5.8B | 6.1B | 10.4B | 144.6B | 151.9B | |
Net Tangible Assets | 87.7B | 143.0B | 230.2B | 495.0B | 569.2B | 597.7B | |
Inventory | (112.5B) | (238.8B) | (374.9B) | (405.4B) | (2.5T) | (2.3T) | |
Long Term Investments | 84.2B | 299.2B | 374.2B | 1.0T | 2.3T | 2.5T | |
Long Term Debt Total | 36.4B | 55.0B | 45.4B | 77.3B | 88.9B | 93.3B |
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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 Banco Macro SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Macro'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 Banco Macro Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Macro Sa Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro SA. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified 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 Banco Macro. If investors know Banco 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 Banco Macro 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 6.273 | Earnings Share 7.32 | Revenue Per Share 54.3 K | Quarterly Revenue Growth (0.53) | Return On Assets 0.0634 |
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro'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 Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro'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 Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro'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.