Bank Cost Of Revenue vs Selling General Administrative Analysis

BAC Stock  USD 44.34  0.21  0.47%   
Bank of America financial indicator trend analysis is way more than just evaluating Bank of America prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of America is a good investment. Please check the relationship between Bank of America Cost Of Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. 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.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of America Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bank of America's Cost Of Revenue and Selling General Administrative is 0.56. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Bank of America, assuming nothing else is changed. The correlation between historical values of Bank of America's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Bank of America are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Bank of America's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Bank of America income statement and represents the costs associated with goods and services Bank of America provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling General Administrative

Most indicators from Bank of America's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of America 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 Bank of America. 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.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.At present, Bank of America's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.38, whereas Tax Provision is forecasted to decline to about 1.7 B.
 2021 2022 2023 2024 (projected)
Interest Expense4.7B20.1B73.3B77.0B
Depreciation And Amortization1.9B2.0B2.0B1.6B

Bank of America fundamental ratios Correlations

0.570.060.090.920.8-0.140.660.690.39-0.20.790.690.560.190.48-0.071.00.820.450.210.110.09-0.210.260.59
0.57-0.11-0.090.750.880.550.060.19-0.01-0.240.660.730.880.270.660.240.550.870.490.530.780.770.41-0.230.65
0.06-0.111.0-0.060.1-0.280.580.480.920.9-0.330.04-0.250.60.05-0.330.070.13-0.790.51-0.2-0.24-0.2-0.06-0.66
0.09-0.091.0-0.030.12-0.280.60.50.930.89-0.310.06-0.240.610.06-0.340.10.16-0.780.53-0.2-0.24-0.21-0.05-0.64
0.920.75-0.06-0.030.810.090.470.490.2-0.210.830.840.810.230.520.060.90.820.550.270.430.41-0.120.020.71
0.80.880.10.120.810.330.40.470.31-0.160.670.710.70.370.60.10.80.990.370.510.470.450.24-0.010.57
-0.140.55-0.28-0.280.090.33-0.55-0.64-0.41-0.21-0.060.310.510.30.030.31-0.170.310.140.360.720.720.7-0.430.29
0.660.060.580.60.470.4-0.550.870.830.340.320.19-0.010.290.17-0.410.680.4-0.150.28-0.36-0.38-0.610.280.04
0.690.190.480.50.490.47-0.640.870.740.20.530.240.060.150.43-0.310.70.480.060.26-0.25-0.27-0.450.410.08
0.39-0.010.920.930.20.31-0.410.830.740.69-0.020.16-0.140.560.16-0.380.40.33-0.540.51-0.27-0.3-0.340.16-0.4
-0.2-0.240.90.89-0.21-0.16-0.210.340.20.69-0.54-0.03-0.290.49-0.14-0.28-0.19-0.12-0.860.35-0.14-0.18-0.25-0.24-0.72
0.790.66-0.33-0.310.830.67-0.060.320.53-0.02-0.540.620.71-0.060.590.110.780.660.840.130.370.38-0.050.330.79
0.690.730.040.060.840.710.310.190.240.16-0.030.620.870.420.440.270.670.730.370.430.670.640.2-0.110.5
0.560.88-0.25-0.240.810.70.51-0.010.06-0.14-0.290.710.870.260.510.290.530.690.610.450.860.850.29-0.20.73
0.190.270.60.610.230.370.30.290.150.560.49-0.060.420.26-0.16-0.140.190.36-0.370.740.330.30.16-0.33-0.21
0.480.660.050.060.520.60.030.170.430.16-0.140.590.440.51-0.160.220.470.630.350.290.360.350.20.220.31
-0.070.24-0.33-0.340.060.10.31-0.41-0.31-0.38-0.280.110.270.29-0.140.22-0.080.10.29-0.150.40.410.39-0.170.27
1.00.550.070.10.90.8-0.170.680.70.4-0.190.780.670.530.190.47-0.080.810.430.20.070.05-0.220.280.57
0.820.870.130.160.820.990.310.40.480.33-0.120.660.730.690.360.630.10.810.340.490.450.430.230.00.53
0.450.49-0.79-0.780.550.370.14-0.150.06-0.54-0.860.840.370.61-0.370.350.290.430.34-0.180.390.420.110.250.89
0.210.530.510.530.270.510.360.280.260.510.350.130.430.450.740.29-0.150.20.49-0.180.520.50.34-0.15-0.02
0.110.78-0.2-0.20.430.470.72-0.36-0.25-0.27-0.140.370.670.860.330.360.40.070.450.390.521.00.55-0.40.45
0.090.77-0.24-0.240.410.450.72-0.38-0.27-0.3-0.180.380.640.850.30.350.410.050.430.420.51.00.56-0.380.47
-0.210.41-0.2-0.21-0.120.240.7-0.61-0.45-0.34-0.25-0.050.20.290.160.20.39-0.220.230.110.340.550.56-0.230.06
0.26-0.23-0.06-0.050.02-0.01-0.430.280.410.16-0.240.33-0.11-0.2-0.330.22-0.170.280.00.25-0.15-0.4-0.38-0.230.04
0.590.65-0.66-0.640.710.570.290.040.08-0.4-0.720.790.50.73-0.210.310.270.570.530.89-0.020.450.470.060.04
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Bank of America Account Relationship Matchups

Bank of America fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4T2.8T3.2T3.1T3.2T1.7T
Short Long Term Debt Total386.6B399.1B303.9B302.9B334.3B285.8B
Other Current Liab(24.2B)(19.3B)(23.8B)(26.9B)825.4B866.7B
Total Current Liabilities24.2B19.3B23.8B26.9B857.5B900.4B
Total Stockholder Equity264.8B272.9B270.1B273.2B291.6B166.8B
Property Plant And Equipment Net10.6B11B10.8B11.5B11.9B9.4B
Net Debt96.4B(104.8B)(51.5B)65.5B(7.1B)(6.8B)
Retained Earnings156.3B164.1B188.1B207.0B224.7B235.9B
Cash168.7B387.0B355.4B237.5B327.5B343.8B
Non Current Assets Total781.5B963.7B1.3T1.2T2.8T3.0T
Non Currrent Assets Other(781.5B)(963.7B)(1.3T)(1.2T)1.7T1.8T
Cash And Short Term Investments414.3B621.5B654.5B458.3B327.5B279.3B
Net Receivables55.9B64.2B72.7B67.4B96.7B51.2B
Common Stock Shares Outstanding9.4B8.8B8.6B8.2B8.1B6.6B
Liabilities And Stockholders Equity2.4T2.8T3.2T3.1T3.2T1.7T
Non Current Liabilities Total240.9B262.9B280.1B2.5T2.8T3.0T
Other Current Assets1.3T1.2T1.2T133.8B981.4B762.1B
Other Stockholder Equity23.4B24.5B(5.1B)(21.2B)(24.3B)(23.1B)
Total Liab2.2T2.5T2.9T2.8T2.9T1.5T
Property Plant And Equipment Gross9.2B9.9B10.6B11B12.7B9.1B
Total Current Assets490.0B702.7B742.0B539.3B36.2B34.4B
Short Term Debt24.2B19.3B23.8B26.9B32.1B50.1B
Common Stock Total Equity91.7B86.0B62.4B59.0B67.8B94.8B
Accumulated Other Comprehensive Income(6.6B)(1.7B)(5.1B)(21.2B)(17.8B)(16.9B)
Common Stock91.7B86.0B62.4B59.0B56.4B93.5B
Other Liab5.3B11.1B6.7B5.6B5.1B4.8B
Accounts Payable182.8B181.8B2.1T224.1B201.7B352.2B
Other Assets1.2T1.2T1.1T1.3T319.6B303.6B
Long Term Debt240.9B262.9B280.1B276.0B302.2B282.8B
Short Term Investments245.6B234.5B299.2B220.8B266.6B236.1B
Inventory285M164M130M170M(68.8B)(72.2B)
Preferred Stock Total Equity23.4B24.5B24.7B28.4B32.7B17.3B
Intangible Assets1.7B1.6B2.2B2.1B400M380M
Property Plant Equipment10.6B11B10.8B11.5B13.2B11.1B
Retained Earnings Total Equity156.3B164.1B188.1B207.0B238.1B250.0B
Net Tangible Assets195.9B204.0B176.3B204.2B234.8B192.0B
Long Term Debt Total362.4B379.8B280.1B276.0B248.4B297.6B
Long Term Investments702.0B883.7B1.2T1.2T1.0T968.6B
Non Current Liabilities Other165.1B170.3B192.3B195.6B176.1B159.2B

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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 Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America'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 Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. 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.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Bank of America. If investors know Bank 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 Bank of America 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
(0.10)
Dividend Share
0.98
Earnings Share
2.76
Revenue Per Share
11.95
Quarterly Revenue Growth
(0.01)
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America'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 Bank of America's market value can be influenced by many factors that don't directly affect Bank of America'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 Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America'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.