Banco Ebit vs Selling And Marketing Expenses Analysis

BSBR Stock  USD 3.88  0.04  1.04%   
Banco Santander financial indicator trend analysis is way more than just evaluating Banco Santander Brasil prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Santander Brasil is a good investment. Please check the relationship between Banco Santander Ebit and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Santander Brasil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Ebit vs Selling And Marketing Expenses

Ebit vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco Santander Brasil Ebit account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Banco Santander's Ebit and Selling And Marketing Expenses is -0.16. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Banco Santander Brasil, assuming nothing else is changed. The correlation between historical values of Banco Santander's Ebit and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Banco Santander Brasil are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Ebit i.e., Banco Santander's Ebit and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Selling And Marketing Expenses

Most indicators from Banco Santander's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Santander Brasil 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 Santander Brasil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of 12/26/2024, Tax Provision is likely to grow to about 2.8 B, while Selling General Administrative is likely to drop slightly above 13.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense26.7B67.7B81.4B85.5B
Depreciation And Amortization2.4B2.6B2.7B2.9B

Banco Santander fundamental ratios Correlations

0.280.890.780.060.460.380.5-0.350.020.630.010.550.570.35-0.090.350.760.610.510.81-0.640.750.64-0.440.88
0.280.290.29-0.020.00.290.040.370.070.49-0.430.3-0.340.33-0.250.33-0.010.420.31-0.16-0.550.50.38-0.660.56
0.890.290.890.080.390.370.39-0.340.10.61-0.190.850.610.34-0.250.340.670.570.830.72-0.350.630.56-0.360.75
0.780.290.890.390.160.080.19-0.30.320.45-0.410.720.440.03-0.080.030.510.390.710.68-0.370.480.75-0.470.59
0.06-0.020.080.39-0.54-0.82-0.52-0.060.7-0.45-0.47-0.01-0.12-0.710.23-0.71-0.23-0.51-0.010.21-0.06-0.290.54-0.35-0.01
0.460.00.390.16-0.540.760.98-0.53-0.820.750.320.290.390.68-0.160.680.730.810.280.41-0.330.70.030.350.39
0.380.290.370.08-0.820.760.78-0.1-0.680.830.260.370.280.93-0.260.930.630.870.350.09-0.270.74-0.110.130.46
0.50.040.390.19-0.520.980.78-0.54-0.820.810.240.260.350.71-0.040.710.740.860.250.42-0.40.740.130.290.42
-0.350.37-0.34-0.3-0.06-0.53-0.1-0.540.37-0.33-0.02-0.26-0.520.04-0.070.03-0.42-0.36-0.25-0.470.02-0.19-0.29-0.31-0.11
0.020.070.10.320.7-0.82-0.68-0.820.37-0.56-0.270.01-0.02-0.620.0-0.63-0.31-0.630.010.040.03-0.350.28-0.630.01
0.630.490.610.45-0.450.750.830.81-0.33-0.56-0.160.520.210.77-0.110.770.680.990.510.29-0.510.850.42-0.10.65
0.01-0.43-0.19-0.41-0.470.320.260.24-0.02-0.27-0.16-0.350.390.18-0.310.180.27-0.06-0.380.120.00.09-0.620.270.0
0.550.30.850.72-0.010.290.370.26-0.260.010.52-0.350.480.34-0.420.340.380.481.00.360.060.390.29-0.120.47
0.57-0.340.610.44-0.120.390.280.35-0.52-0.020.210.390.480.17-0.220.170.620.240.450.6-0.010.320.010.060.37
0.350.330.340.03-0.710.680.930.710.04-0.620.770.180.340.17-0.261.00.550.80.330.05-0.260.71-0.080.10.45
-0.09-0.25-0.25-0.080.23-0.16-0.26-0.04-0.070.0-0.11-0.31-0.42-0.22-0.26-0.26-0.01-0.12-0.430.07-0.14-0.150.30.1-0.15
0.350.330.340.03-0.710.680.930.710.03-0.630.770.180.340.171.0-0.260.550.80.330.05-0.260.71-0.070.10.45
0.76-0.010.670.51-0.230.730.630.74-0.42-0.310.680.270.380.620.55-0.010.550.710.340.66-0.480.810.320.00.69
0.610.420.570.39-0.510.810.870.86-0.36-0.630.99-0.060.480.240.8-0.120.80.710.470.3-0.50.860.35-0.030.63
0.510.310.830.71-0.010.280.350.25-0.250.010.51-0.381.00.450.33-0.430.330.340.470.320.080.370.28-0.110.42
0.81-0.160.720.680.210.410.090.42-0.470.040.290.120.360.60.050.070.050.660.30.32-0.380.40.51-0.150.49
-0.64-0.55-0.35-0.37-0.06-0.33-0.27-0.40.020.03-0.510.00.06-0.01-0.26-0.14-0.26-0.48-0.50.08-0.38-0.75-0.610.64-0.73
0.750.50.630.48-0.290.70.740.74-0.19-0.350.850.090.390.320.71-0.150.710.810.860.370.4-0.750.4-0.320.84
0.640.380.560.750.540.03-0.110.13-0.290.280.42-0.620.290.01-0.080.3-0.070.320.350.280.51-0.610.4-0.560.54
-0.44-0.66-0.36-0.47-0.350.350.130.29-0.31-0.63-0.10.27-0.120.060.10.10.10.0-0.03-0.11-0.150.64-0.32-0.56-0.53
0.880.560.750.59-0.010.390.460.42-0.110.010.650.00.470.370.45-0.150.450.690.630.420.49-0.730.840.54-0.53
Click cells to compare fundamentals

Banco Santander Account Relationship Matchups

Banco Santander fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets762.2B936.2B931.2B985.5B1.1T634.5B
Short Long Term Debt Total192.8B70.0B98.7B126.7B144.0B127.7B
Total Stockholder Equity96.7B105.8B105.6B110.2B114.5B85.6B
Property Plant And Equipment Net9.8B9.5B8.8B8.2B7.1B6.6B
Net Debt63.8B49.8B82.0B(23.0B)(50.0B)(47.5B)
Retained Earnings16.4B13.4B15.5B14.3B63.9B67.1B
Cash20.1B20.1B16.7B149.6B194.0B203.7B
Non Current Assets Total267.8B361.2B285.6B325.4B1.3T1.4T
Non Currrent Assets Other(30.3B)(361.2B)(285.6B)76.7B(288.9B)(274.5B)
Other Assets373.3B438.0B519.6B496.4B(509.5B)(484.0B)
Cash And Short Term Investments116.2B129.9B117.9B150.5B253.0B265.7B
Net Receivables4.9B7.1B9.1B14.8B13.8B9.8B
Common Stock Shares Outstanding3.8B7.5B7.5B7.5B7.5B5.7B
Liabilities And Stockholders Equity762.2B936.2B931.2B985.5B1.1T634.5B
Non Current Liabilities Total89.4B74.5B100.9B874.8B995.5B1.0T
Other Stockholder Equity(748.1M)(791.4M)(713.0M)(1.2B)(1.1B)(1.2B)
Total Liab89.4B74.5B100.9B874.8B1.0T1.1T
Property Plant And Equipment Gross9.8B9.5B19.8B20.4B20.2B21.2B
Total Current Assets121.2B137.0B126.1B163.6B283.1B297.3B
Accumulated Other Comprehensive Income24.0B36.1B35.8B42.1B(3.4B)(3.2B)
Other Liab57.3B61.6B56.0B53.1B61.1B35.2B
Accounts Payable785.4M674.2M796.7M794.8M1.2B1.1B
Long Term Debt73.7B70.0B98.7B126.7B144.0B151.2B
Short Term Investments96.1B109.7B101.2B55.4B59.1B60.4B
Inventory(113.1B)(185.4B)(112.7B)(176.3B)15.1B15.8B
Property Plant Equipment5.2B5.1B8.8B8.2B9.4B5.0B
Good Will28.4B28.4B27.9B27.9B27.9B30.7B
Other Current Assets113.1B1.0B797.4M1.0B1.3B1.2B
Intangible Assets4.1B4.3B3.8B5.4B4.5B3.8B
Total Current Liabilities285.5B5.4B3.0B4.5B9.1B8.6B
Other Current Liab175.8B(5.6B)(5.9B)(4.2B)3.8B3.6B
Long Term Investments225.5B319.1B245.1B284.0B249.5B205.7B
Short Term Debt108.9B148.8B153.6B160.6B174.9B166.6B
Net Tangible Assets64.5B72.8B74.9B78.6B90.4B62.3B

Pair Trading with Banco Santander

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 Banco Santander 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 Banco Santander will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banco Stock

  0.69NU Nu Holdings Sell-off TrendPairCorr

Moving against Banco Stock

  0.87EBTC Enterprise BancorpPairCorr
  0.84TECTP Tectonic FinancialPairCorr
  0.77EFSC Enterprise Financial Fiscal Year End 27th of January 2025 PairCorr
  0.77EGBN Eagle Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.76BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
The ability to find closely correlated positions to Banco Santander could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Santander 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 Banco Santander - 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 Banco Santander Brasil to buy it.
The correlation of Banco Santander 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 Banco Santander moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Santander Brasil 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 Banco Santander 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

Additional Tools for Banco Stock Analysis

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