Bristol Cash vs Common Stock Shares Outstanding Analysis

BMY Stock  USD 53.90  2.07  3.70%   
Bristol Myers financial indicator trend analysis is way more than just evaluating Bristol Myers Squibb prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bristol Myers Squibb is a good investment. Please check the relationship between Bristol Myers Cash and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bristol Myers Squibb. 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.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristol Myers Squibb Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bristol Myers' Cash and Common Stock Shares Outstanding is 0.53. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bristol Myers Squibb, assuming nothing else is changed. The correlation between historical values of Bristol Myers' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Bristol Myers Squibb are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Bristol Myers' Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Bristol Myers Squibb, which is listed under current asset account on Bristol Myers Squibb balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bristol Myers customers. The amounts must be unrestricted with restricted cash listed in a different Bristol Myers 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bristol Myers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bristol Myers Squibb 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 Bristol Myers Squibb. 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, Bristol Myers' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2025, whereas Discontinued Operations is likely to drop slightly above 6 B in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit36.0B34.3B48.3B50.7B
Total Revenue46.2B45.0B48.3B50.7B

Bristol Myers fundamental ratios Correlations

0.960.80.910.850.790.95-0.140.91.00.580.770.780.960.480.980.840.160.880.980.70.950.770.950.630.88
0.960.860.930.720.781.0-0.280.920.950.510.750.830.980.50.990.750.180.860.990.810.950.740.880.60.91
0.80.860.960.390.690.88-0.330.680.760.690.480.780.860.40.830.50.40.610.880.870.890.490.590.620.78
0.910.930.960.60.810.94-0.210.80.880.640.620.860.950.420.920.670.290.710.950.890.960.670.740.70.86
0.850.720.390.60.690.680.160.780.870.30.780.560.740.410.770.85-0.060.790.740.330.720.790.930.50.67
0.790.780.690.810.690.770.130.760.770.240.750.880.850.430.770.660.050.540.790.770.820.790.690.860.82
0.951.00.880.940.680.77-0.30.870.940.560.690.820.980.480.990.750.210.850.990.820.940.710.860.590.91
-0.14-0.28-0.33-0.210.160.13-0.3-0.17-0.14-0.26-0.06-0.14-0.14-0.64-0.240.060.02-0.46-0.23-0.22-0.14-0.1-0.130.18-0.35
0.90.920.680.80.780.760.87-0.170.880.290.930.790.890.530.910.680.030.840.90.660.910.790.870.610.83
1.00.950.760.880.870.770.94-0.140.880.580.750.740.950.480.980.850.120.90.970.650.910.770.970.580.86
0.580.510.690.640.30.240.56-0.260.290.580.110.270.50.140.550.50.310.470.580.40.550.120.440.270.46
0.770.750.480.620.780.750.69-0.060.930.750.110.70.740.570.760.63-0.120.720.740.50.780.780.780.680.78
0.780.830.780.860.560.880.82-0.140.790.740.270.70.880.50.780.55-0.070.620.820.910.860.810.640.660.8
0.960.980.860.950.740.850.98-0.140.890.950.50.740.880.420.970.790.160.80.980.850.960.770.860.670.9
0.480.50.40.420.410.430.48-0.640.530.480.140.570.50.420.480.24-0.170.690.470.330.460.640.520.320.65
0.980.990.830.920.770.770.99-0.240.910.980.550.760.780.970.480.790.180.880.990.750.940.740.920.60.9
0.840.750.50.670.850.660.750.060.680.850.50.630.550.790.240.790.040.730.770.490.730.660.850.550.76
0.160.180.40.29-0.060.050.210.020.030.120.31-0.12-0.070.16-0.170.180.04-0.020.210.130.25-0.240.020.250.09
0.880.860.610.710.790.540.85-0.460.840.90.470.720.620.80.690.880.73-0.020.850.490.780.760.930.330.81
0.980.990.880.950.740.790.99-0.230.90.970.580.740.820.980.470.990.770.210.850.790.960.730.890.640.9
0.70.810.870.890.330.770.82-0.220.660.650.40.50.910.850.330.750.490.130.490.790.820.610.490.640.76
0.950.950.890.960.720.820.94-0.140.910.910.550.780.860.960.460.940.730.250.780.960.820.740.820.730.87
0.770.740.490.670.790.790.71-0.10.790.770.120.780.810.770.640.740.66-0.240.760.730.610.740.80.560.77
0.950.880.590.740.930.690.86-0.130.870.970.440.780.640.860.520.920.850.020.930.890.490.820.80.490.81
0.630.60.620.70.50.860.590.180.610.580.270.680.660.670.320.60.550.250.330.640.640.730.560.490.71
0.880.910.780.860.670.820.91-0.350.830.860.460.780.80.90.650.90.760.090.810.90.760.870.770.810.71
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Bristol Myers Account Relationship Matchups

Bristol Myers fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets118.5B109.3B96.8B95.2B92.6B97.2B
Short Long Term Debt Total51.7B45.6B40.7B41.5B49.6B52.1B
Other Current Liab13.2B13.0B13.5B14.4B18.1B19.0B
Total Current Liabilities19.1B21.9B21.9B22.3B23.8B25.0B
Total Stockholder Equity37.8B35.9B31.1B29.4B16.3B15.1B
Property Plant And Equipment Net6.7B7.0B7.5B8.0B7.1B5.3B
Net Debt37.1B31.6B31.6B30B39.3B41.3B
Retained Earnings21.3B23.8B25.5B28.8B14.9B21.9B
Cash14.5B14.0B9.1B11.5B10.3B10.9B
Non Current Assets Total88.3B76.1B69.5B63.4B62.8B66.0B
Non Currrent Assets Other2.1B1.7B1.0B1.8B6.4B6.7B
Cash And Short Term Investments14.5B14.0B9.1B12.3B10.9B5.8B
Net Receivables8.5B12.5B13.9B15.3B10.7B11.3B
Good Will20.5B20.5B21.1B21.2B21.7B22.8B
Common Stock Shares Outstanding2.3B2.2B2.1B2.1B2.0B1.6B
Liabilities And Stockholders Equity118.5B109.3B96.8B95.2B92.6B97.2B
Non Current Liabilities Total61.5B51.4B43.8B43.4B52.4B55.1B
Inventory2.1B2.1B2.3B2.7B2.6B1.9B
Other Current Assets5.6B1.3B1.7B1.6B5.6B5.9B
Other Stockholder Equity18.1B13.1B6.5B1.9B2.4B2.5B
Total Liab80.6B73.3B65.7B65.7B76.2B80.0B
Property Plant And Equipment Gross5.9B11.0B11.6B12.8B13.3B14.0B
Total Current Assets30.2B33.3B27.3B31.8B29.8B31.3B
Accumulated Other Comprehensive Income(1.8B)(1.3B)(1.3B)(1.5B)(1.2B)(1.3B)
Short Term Debt2.5B5.1B4.4B3.3B2.0B1.1B
Intangible Assets53.2B42.8B36.4B27.1B23.3B24.5B
Accounts Payable2.7B2.9B3.0B3.3B3.6B1.9B
Short Term Investments1.3B3.2B130M816M513M487.4M
Other Liab15.9B12.3B11.0B7.4B8.5B4.9B
Other Assets4.8B7.3B3.3B2.9B3.3B3.3B
Long Term Debt48.3B39.6B35.1B36.7B47.6B50.0B
Treasury Stock(26.2B)(31.3B)(38.6B)(43.8B)(39.4B)(37.4B)
Property Plant Equipment6.3B5.9B6.0B6.3B7.2B5.8B
Current Deferred Revenue3.6B3.7B1.3B271M311.7M296.1M
Net Tangible Assets(34.9B)(36.0B)(28.2B)(25.9B)(23.4B)(22.2B)

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When running Bristol Myers' price analysis, check to measure Bristol Myers' 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 Bristol Myers is operating at the current time. Most of Bristol Myers' value examination focuses on studying past and present price action to predict the probability of Bristol Myers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol Myers' price. Additionally, you may evaluate how the addition of Bristol Myers to your portfolios can decrease your overall portfolio volatility.