Foreign Retained Earnings vs Other Assets Analysis

BLX Stock  USD 29.26  0.03  0.10%   
Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Retained Earnings and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. 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 economic analysis.

Retained Earnings vs Other Assets

Retained Earnings vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foreign Trade Bank Retained Earnings account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Foreign Trade's Retained Earnings and Other Assets is 0.21. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Assets in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Retained Earnings and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Foreign Trade Bank are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Retained Earnings i.e., Foreign Trade's Retained Earnings and Other Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Assets

Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade Bank 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 Foreign Trade Bank. 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 economic analysis.
Selling General Administrative is likely to rise to about 49.6 M in 2024, whereas Discontinued Operations is likely to drop (3.8 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense54.1M184.6M446.1M468.4M
Depreciation And Amortization3.5M2.7M3.1M2.5M

Foreign Trade fundamental ratios Correlations

0.850.350.850.530.660.840.340.620.32-0.270.490.680.510.680.36-0.471.00.50.20.63-0.450.860.84-0.480.51
0.850.170.580.390.940.60.690.460.2-0.410.440.540.490.440.07-0.420.860.440.090.75-0.510.580.58-0.310.52
0.350.170.13-0.20.070.19-0.50.540.540.580.130.660.520.210.61-0.250.370.090.170.620.40.310.35-0.040.11
0.850.580.130.580.390.930.280.540.19-0.290.360.560.340.860.32-0.510.820.430.360.29-0.540.920.91-0.720.38
0.530.39-0.20.580.290.40.250.290.19-0.610.490.270.220.380.33-0.430.520.77-0.41-0.03-0.680.490.48-0.430.52
0.660.940.070.390.290.450.740.240.1-0.430.310.330.40.32-0.09-0.360.690.36-0.050.72-0.490.410.41-0.120.43
0.840.60.190.930.40.450.230.390.13-0.190.210.420.290.80.22-0.460.810.260.440.38-0.40.880.86-0.570.27
0.340.69-0.50.280.250.740.230.01-0.3-0.640.220.010.00.17-0.49-0.20.340.160.090.3-0.650.150.13-0.210.24
0.620.460.540.540.290.240.390.010.76-0.010.410.970.810.360.78-0.40.620.630.260.33-0.040.520.58-0.650.74
0.320.20.540.190.190.10.13-0.30.760.150.220.730.93-0.050.9-0.250.340.66-0.150.10.360.220.3-0.30.76
-0.27-0.410.58-0.29-0.61-0.43-0.19-0.64-0.010.15-0.210.040.08-0.120.190.28-0.26-0.560.240.070.76-0.11-0.090.33-0.49
0.490.440.130.360.490.310.210.220.410.22-0.210.470.330.270.24-0.20.50.42-0.240.27-0.270.40.39-0.10.32
0.680.540.660.560.270.330.420.010.970.730.040.470.810.430.76-0.460.680.60.210.49-0.040.580.64-0.560.67
0.510.490.520.340.220.40.290.00.810.930.080.330.810.10.78-0.330.520.65-0.040.320.180.370.44-0.370.79
0.680.440.210.860.380.320.80.170.36-0.05-0.120.270.430.10.16-0.310.640.170.340.33-0.550.920.92-0.460.05
0.360.070.610.320.33-0.090.22-0.490.780.90.190.240.760.780.16-0.30.350.67-0.080.040.220.360.43-0.40.65
-0.47-0.42-0.25-0.51-0.43-0.36-0.46-0.2-0.4-0.250.28-0.2-0.46-0.33-0.31-0.3-0.46-0.49-0.18-0.340.25-0.32-0.340.6-0.45
1.00.860.370.820.520.690.810.340.620.34-0.260.50.680.520.640.35-0.460.50.180.67-0.430.830.82-0.440.51
0.50.440.090.430.770.360.260.160.630.66-0.560.420.60.650.170.67-0.490.5-0.380.06-0.390.360.4-0.50.9
0.20.090.170.36-0.41-0.050.440.090.26-0.150.24-0.240.21-0.040.34-0.08-0.180.18-0.380.180.090.240.23-0.49-0.13
0.630.750.620.29-0.030.720.380.30.330.10.070.270.490.320.330.04-0.340.670.060.18-0.170.390.39-0.030.11
-0.45-0.510.4-0.54-0.68-0.49-0.4-0.65-0.040.360.76-0.27-0.040.18-0.550.220.25-0.43-0.390.09-0.17-0.44-0.410.37-0.19
0.860.580.310.920.490.410.880.150.520.22-0.110.40.580.370.920.36-0.320.830.360.240.39-0.440.99-0.460.28
0.840.580.350.910.480.410.860.130.580.3-0.090.390.640.440.920.43-0.340.820.40.230.39-0.410.99-0.490.33
-0.48-0.31-0.04-0.72-0.43-0.12-0.57-0.21-0.65-0.30.33-0.1-0.56-0.37-0.46-0.40.6-0.44-0.5-0.49-0.030.37-0.46-0.49-0.53
0.510.520.110.380.520.430.270.240.740.76-0.490.320.670.790.050.65-0.450.510.9-0.130.11-0.190.280.33-0.53
Click cells to compare fundamentals

Foreign Trade Account Relationship Matchups

Foreign Trade fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B6.3B8.0B9.3B10.7B6.3B
Short Long Term Debt Total3.1B2.0B3.3B6.6B4.7B3.0B
Total Current Liabilities1.6B393.3M1.6B62.5M2.9B3.1B
Total Stockholder Equity1.0B1.0B991.8M1.1B1.2B810.7M
Property Plant And Equipment Net18.8M16.2M17.8M17.3M16.8M9.0M
Net Debt2.0B1.1B2.1B5.4B2.6B2.3B
Retained Earnings446.1M464.1M487.9M543.6M673.3M339.0M
Accounts Payable15.8M11.2M12.6M62.5M5.1M4.9M
Cash1.2B863.8M1.3B1.2B2.0B2.1B
Non Current Assets Total109.0M416.3M851.3M1.0B8.3B8.7B
Non Currrent Assets Other(109.0M)(416.3M)(851.3M)(1.0B)14.0M14.7M
Other Assets5.9B5.0B5.9B7.0B8.0B4.6B
Cash And Short Term Investments1.2B863.8M1.3B1.2B2.0B2.1B
Net Receivables41.8M28.3M24.7M73.0M115.5M121.3M
Common Stock Shares Outstanding39.6M39.7M38.8M36.3M36.5M34.4M
Liabilities And Stockholders Equity7.2B6.3B8.0B9.3B10.7B6.3B
Non Current Liabilities Total3.1B2.0B3.3B62.5M6.6B6.9B
Other Stockholder Equity60.7M62.4M4.2M6.4M11.9M11.3M
Total Liab6.2B5.3B7.0B8.2B9.5B5.5B
Property Plant And Equipment Gross18.8M16.2M28.2M27.6M28.0M29.4M
Total Current Assets1.2B892.1M1.3B1.2B2.4B1.7B
Short Term Debt1.6B382.2M1.6B2.2B2.0B1.6B
Other Current Liab(1.6B)(393.3M)(1.6B)(2.2B)878.2M922.1M
Accumulated Other Comprehensive Income229.4M231.4M219.7M239.4M238.7M250.6M
Other Liab5.8M6.1M18.2M6.4M5.7M5.4M
Long Term Debt1.5B2.0B3.3B4.4B4.4B4.6B
Treasury Stock(61.1M)(59.7M)(58.0M)(115.8M)(133.2M)(139.8M)
Property Plant Equipment18.8M16.2M17.8M17.3M19.9M20.9M
Net Tangible Assets1.0B1.0B990.2M1.1B1.2B1.1B
Other Current Assets1.3B969.5M1.5B1.5B2.4B2.3B
Long Term Investments88.8M398.1M831.9M1.0B1.0B1.1B
Short Long Term Debt1.6B380.9M1.6B2.2B1.7B1.8B
Long Term Debt Total1.5B2.0B3.3B4.4B5.1B5.4B
Capital Surpluse120.4M120.4M120.0M120.5M138.6M132.2M
Intangible Assets1.4M2.0M1.6M2.1M2.6M2.3M
Inventory(1.3B)(969.5M)(1.5B)(1.6B)(2.1B)(2.0B)

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