BMTC Book Value Per Share vs Days Sales Outstanding Analysis

GBT Stock  CAD 13.20  0.03  0.23%   
BMTC financial indicator trend analysis is way more than just evaluating BMTC Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BMTC Group is a good investment. Please check the relationship between BMTC Book Value Per Share and its Days Sales Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BMTC Group. 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.

Book Value Per Share vs Days Sales Outstanding

Book Value Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BMTC Group Book Value Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between BMTC's Book Value Per Share and Days Sales Outstanding is 0.66. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of BMTC Group, assuming nothing else is changed. The correlation between historical values of BMTC's Book Value Per Share and Days Sales 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 Book Value Per Share of BMTC Group are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Book Value Per Share i.e., BMTC's Book Value Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Days Sales Outstanding

Most indicators from BMTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BMTC Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BMTC Group. 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.
As of the 4th of December 2024, Selling General Administrative is likely to grow to about 43.9 M. Also, Tax Provision is likely to grow to about 12.4 M
 2021 2022 2023 2024 (projected)
Gross Profit323.7M283.1M224.5M186.3M
Total Revenue819.4M718.0M578.9M793.1M

BMTC fundamental ratios Correlations

0.510.430.690.80.720.330.81-0.040.830.04-0.06-0.60.570.870.37-0.60.770.910.70.44-0.48-0.16-0.160.31-0.67
0.51-0.150.40.640.390.910.630.470.73-0.220.350.010.790.290.32-0.40.620.530.170.90.23-0.64-0.64-0.33-0.65
0.43-0.150.770.190.74-0.250.2-0.280.25-0.31-0.71-0.760.190.660.02-0.330.620.50.5-0.37-0.720.210.210.85-0.41
0.690.40.770.580.880.220.590.070.66-0.34-0.49-0.690.470.820.28-0.470.860.780.620.16-0.51-0.08-0.080.59-0.78
0.80.640.190.580.480.421.00.240.980.330.04-0.430.550.720.45-0.430.570.690.750.47-0.24-0.18-0.18-0.06-0.69
0.720.390.740.880.480.340.49-0.170.61-0.45-0.51-0.750.670.790.12-0.560.940.820.430.15-0.61-0.32-0.320.67-0.71
0.330.91-0.250.220.420.340.410.390.53-0.280.360.070.770.140.29-0.350.510.38-0.140.860.26-0.9-0.9-0.37-0.57
0.810.630.20.591.00.490.410.230.980.320.03-0.440.550.720.45-0.430.570.690.750.47-0.26-0.18-0.18-0.05-0.69
-0.040.47-0.280.070.24-0.170.390.230.210.170.490.470.03-0.010.22-0.02-0.030.00.140.470.65-0.16-0.16-0.49-0.36
0.830.730.250.660.980.610.530.980.210.16-0.03-0.480.690.720.44-0.450.710.750.670.53-0.27-0.3-0.30.0-0.76
0.04-0.22-0.31-0.340.33-0.45-0.280.320.170.160.330.19-0.350.070.080.13-0.47-0.130.37-0.170.160.320.32-0.370.15
-0.060.35-0.71-0.490.04-0.510.360.030.49-0.030.330.73-0.06-0.24-0.04-0.15-0.34-0.08-0.10.580.75-0.19-0.19-0.650.19
-0.60.01-0.76-0.69-0.43-0.750.07-0.440.47-0.480.190.73-0.3-0.69-0.390.25-0.61-0.5-0.470.160.960.030.03-0.590.55
0.570.790.190.470.550.670.770.550.030.69-0.35-0.06-0.30.350.09-0.390.820.610.110.57-0.13-0.65-0.650.03-0.59
0.870.290.660.820.720.790.140.72-0.010.720.07-0.24-0.690.350.28-0.670.710.860.820.15-0.56-0.04-0.040.55-0.72
0.370.320.020.280.450.120.290.450.220.440.08-0.04-0.390.090.28-0.010.180.120.20.44-0.28-0.27-0.27-0.28-0.6
-0.6-0.4-0.33-0.47-0.43-0.56-0.35-0.43-0.02-0.450.13-0.150.25-0.39-0.67-0.01-0.54-0.61-0.51-0.340.130.260.26-0.410.43
0.770.620.620.860.570.940.510.57-0.030.71-0.47-0.34-0.610.820.710.18-0.540.850.40.39-0.44-0.38-0.380.47-0.76
0.910.530.50.780.690.820.380.690.00.75-0.13-0.08-0.50.610.860.12-0.610.850.60.38-0.37-0.22-0.220.45-0.66
0.70.170.50.620.750.43-0.140.750.140.670.37-0.1-0.470.110.820.2-0.510.40.60.03-0.350.370.370.33-0.48
0.440.9-0.370.160.470.150.860.470.470.53-0.170.580.160.570.150.44-0.340.390.380.030.32-0.61-0.61-0.5-0.5
-0.480.23-0.72-0.51-0.24-0.610.26-0.260.65-0.270.160.750.96-0.13-0.56-0.280.13-0.44-0.37-0.350.32-0.1-0.1-0.620.31
-0.16-0.640.21-0.08-0.18-0.32-0.9-0.18-0.16-0.30.32-0.190.03-0.65-0.04-0.270.26-0.38-0.220.37-0.61-0.11.00.260.46
-0.16-0.640.21-0.08-0.18-0.32-0.9-0.18-0.16-0.30.32-0.190.03-0.65-0.04-0.270.26-0.38-0.220.37-0.61-0.11.00.260.46
0.31-0.330.850.59-0.060.67-0.37-0.05-0.490.0-0.37-0.65-0.590.030.55-0.28-0.410.470.450.33-0.5-0.620.260.26-0.11
-0.67-0.65-0.41-0.78-0.69-0.71-0.57-0.69-0.36-0.760.150.190.55-0.59-0.72-0.60.43-0.76-0.66-0.48-0.50.310.460.46-0.11
Click cells to compare fundamentals

BMTC Account Relationship Matchups

BMTC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets382.0M450.2M549.9M582.0M621.0M344.5M
Short Long Term Debt Total26.6M24.3M12.7M19.8M30.5M32.0M
Other Current Liab67.0M89.1M101.8M65.5M44.2M49.0M
Total Current Liabilities109.2M140.2M139.5M112.3M110.4M115.9M
Total Stockholder Equity216.6M270.7M387.9M440.9M476.9M500.7M
Property Plant And Equipment Net148.4M158.8M148.9M142.2M116.1M112.6M
Net Debt45.6M18.5M(6.3M)16.7M29.2M30.7M
Retained Earnings213.9M268.0M385.2M438.3M474.3M498.0M
Accounts Payable26.8M30.8M29.0M32.5M32.7M42.7M
Non Current Assets Total292.3M344.6M410.8M448.1M502.2M527.3M
Non Currrent Assets Other(279.9M)(337.0M)43.5M78.4M101.3M106.4M
Net Receivables5.1M3.6M5.3M15.8M14.9M9.1M
Common Stock Shares Outstanding34.3M34.0M33.7M33.3M32.9M50.8M
Liabilities And Stockholders Equity382.0M450.2M549.9M582.0M621.0M344.5M
Non Current Liabilities Total56.2M39.3M22.5M28.8M33.8M35.5M
Inventory83.2M95.4M113.8M113.6M98.2M88.0M
Other Current Assets1.4M770K1.0M1.4M4.5M2.7M
Total Liab165.4M179.5M162.1M141.1M144.1M126.4M
Property Plant And Equipment Gross148.4M266.9M262.8M266.0M226.6M131.2M
Total Current Assets89.7M105.6M139.2M133.8M118.9M122.6M
Short Term Debt15.4M12.7M4.0M14.3M25.7M14.3M
Cash(19.0M)5.8M19.0M3.1M1.3M1.2M
Cash And Short Term Investments(19.0M)5.8M19.0M3.1M1.3M1.2M
Current Deferred Revenue41.4M56.9M72.9M45.1M7.7M7.3M
Common Stock2.7M2.7M2.6M2.6M2.6M2.4M
Other Liab5.2M41.1M27.7M13.8M15.9M14.4M
Net Tangible Assets244.7M216.6M270.7M387.9M446.0M262.8M
Other Assets12.4M7.6M43.5M78.4M90.1M94.6M
Long Term Investments131.5M178.3M218.3M227.6M284.8M157.5M
Property Plant Equipment148.4M158.8M148.9M142.2M163.5M138.2M
Long Term Debt Total15.1M11.6M8.7M5.4M6.2M6.4M
Capital Lease Obligations19.0M15.3M12.7M8.7M7.8M8.9M
Net Invested Capital224.1M279.7M387.9M451.9M499.6M362.7M
Net Working Capital(19.5M)(34.6M)(369K)21.6M8.5M8.9M

Pair Trading with BMTC

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 BMTC 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 BMTC will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to BMTC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BMTC 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 BMTC - 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 BMTC Group to buy it.
The correlation of BMTC 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 BMTC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMTC Group 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 BMTC 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in BMTC Stock

Balance Sheet is a snapshot of the financial position of BMTC Group at a specified time, usually calculated after every quarter, six months, or one year. BMTC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BMTC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BMTC currently owns. An asset can also be divided into two categories, current and non-current.