Benchmark Cash And Short Term Investments vs Current Deferred Revenue Analysis
BHE Stock | USD 48.28 0.19 0.39% |
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 Cash And Short Term Investments and its Current Deferred Revenue 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.
Cash And Short Term Investments vs Current Deferred Revenue
Cash And Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Benchmark Electronics Cash And Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Benchmark Electronics' Cash And Short Term Investments and Current Deferred Revenue is -0.12. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Current Deferred Revenue 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' Cash And Short Term Investments and Current Deferred Revenue 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 And Short Term Investments of Benchmark Electronics are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash And Short Term Investments i.e., Benchmark Electronics' Cash And Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Benchmark Electronics balance sheet. This account contains Benchmark Electronics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Benchmark Electronics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.