Comerica Long Term Debt vs Total Revenue Analysis
CMA Stock | USD 62.56 0.14 0.22% |
Comerica financial indicator trend analysis is way more than just evaluating Comerica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comerica is a good investment. Please check the relationship between Comerica Long Term Debt and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. 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. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
Long Term Debt vs Total Revenue
Long Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerica Long Term Debt account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Comerica's Long Term Debt and Total Revenue is 0.43. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Comerica, assuming nothing else is changed. The correlation between historical values of Comerica's Long Term Debt and Total 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 Long Term Debt of Comerica are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Long Term Debt i.e., Comerica's Long Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Comerica has held for over one year. Long-term debt appears on Comerica balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Comerica balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Revenue
Total revenue comprises all receipts Comerica generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Comerica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comerica 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 Comerica. 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. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.At present, Comerica's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.20, whereas Selling General Administrative is forecasted to decline to about 921 M.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 1.5B | 1.5B | 1.1B | 1.4B | Operating Income | 1.5B | 1.7B | 1.4B | 1.4B |
Comerica fundamental ratios Correlations
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Comerica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comerica fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 151M | 140M | 137M | 133M | 153.0M | 166.9M | |
Total Assets | 73.4B | 88.1B | 94.6B | 85.4B | 85.8B | 59.4B | |
Short Long Term Debt Total | 7.3B | 6.6B | 3.7B | 6.2B | 9.8B | 6.8B | |
Total Current Liabilities | 71M | 905M | 877M | 3.2B | 6.5B | 6.0B | |
Total Stockholder Equity | 7.3B | 8.1B | 7.9B | 5.2B | 6.4B | 5.6B | |
Property Plant And Equipment Net | 457M | 459M | 454M | 400M | 762M | 505.2M | |
Net Debt | 1.5B | (10.0B) | (19.9B) | (47M) | 269M | 255.6M | |
Retained Earnings | 9.5B | 9.6B | 10.5B | 11.3B | 11.7B | 12.3B | |
Cash | 5.8B | 15.8B | 22.7B | 6.3B | 9.5B | 10.0B | |
Non Current Assets Total | 13.6B | 16.3B | 18.3B | 400M | 93.5B | 98.2B | |
Non Currrent Assets Other | (326M) | (16.3B) | (18.3B) | (19.8B) | 74.8B | 78.6B | |
Other Assets | 36.0B | 34.9B | 30.2B | 53.7B | (27.1B) | (25.7B) | |
Cash And Short Term Investments | 18.4B | 31.0B | 39.9B | 25.5B | 9.5B | 10.4B | |
Net Receivables | 5.4B | 6.0B | 6.2B | 7.5B | 8.0B | 4.7B | |
Liabilities And Stockholders Equity | 73.4B | 88.1B | 94.6B | 85.4B | 85.8B | 59.4B | |
Non Current Liabilities Total | 7.3B | 5.7B | 2.8B | 77.0B | 47.9B | 50.3B | |
Other Stockholder Equity | (3.1B) | (3.3B) | (3.9B) | (3.9B) | (3.8B) | (3.6B) | |
Total Liab | 66.1B | 5.7B | 86.7B | 80.2B | 79.4B | 51.5B | |
Property Plant And Equipment Gross | 457M | 459M | 1.5B | 1.3B | 1.4B | 1.5B | |
Total Current Assets | 23.8B | 36.9B | 46.1B | 31.3B | 19.4B | 20.4B | |
Short Term Debt | 71M | 905M | 877M | 3.2B | 3.6B | 3.7B | |
Other Current Liab | (71M) | (905M) | (877M) | 80.0B | 2.9B | 2.8B | |
Accumulated Other Comprehensive Income | (235M) | 168M | (212M) | (3.7B) | (3.0B) | (2.9B) | |
Other Liab | 426M | 44M | 30M | 214M | 192.6M | 183.0M | |
Accounts Payable | 45M | 875M | 848M | (40.0B) | (32M) | (30.4M) | |
Long Term Debt | 7.3B | 5.7B | 2.8B | 3.0B | 5.2B | 5.5B | |
Short Term Investments | 12.6B | 15.2B | 17.2B | 19.2B | 1.2B | 1.1B | |
Inventory | (6.0B) | (16.1B) | (23.0B) | (6.5B) | (5.9B) | (6.2B) | |
Treasury Stock | (5.3B) | (5.5B) | (6.1B) | (6.1B) | (5.5B) | (5.2B) | |
Intangible Assets | 2M | 1M | 642M | 667M | 114M | 130.5M | |
Property Plant Equipment | 457M | 459M | 454M | 400M | 460M | 559.1M | |
Net Tangible Assets | 7.3B | 7.7B | 6.9B | 4.8B | 4.3B | 5.6B | |
Retained Earnings Total Equity | 8.8B | 9.5B | 9.6B | 11.3B | 12.9B | 8.4B | |
Long Term Debt Total | 7.3B | 5.7B | 2.8B | 3.0B | 2.7B | 3.7B | |
Capital Surpluse | 2.2B | 2.2B | 2.2B | 2.2B | 2.6B | 2.3B |
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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 Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica'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 Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. 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. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Regional 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 Comerica. If investors know Comerica 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 Comerica 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 (0.28) | Dividend Share 2.84 | Earnings Share 4 | Revenue Per Share 23.812 | Quarterly Revenue Growth (0.1) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica'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 Comerica's market value can be influenced by many factors that don't directly affect Comerica'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 Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica'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.