Banco Operating Income vs Selling And Marketing Expenses Analysis

BMA Stock  USD 64.98  0.07  0.11%   
Banco Macro financial indicator trend analysis is way more than just evaluating Banco Macro SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Macro SA is a good investment. Please check the relationship between Banco Macro Operating Income 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 Macro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Operating Income vs Selling And Marketing Expenses

Operating Income 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 Macro SA Operating Income account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Banco Macro's Operating Income and Selling And Marketing Expenses is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Banco Macro SA, assuming nothing else is changed. The correlation between historical values of Banco Macro's Operating Income 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 Operating Income of Banco Macro SA 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 Operating Income i.e., Banco Macro's Operating Income and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Banco Macro SA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Banco Macro SA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Selling And Marketing Expenses

Most indicators from Banco Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Macro SA 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 Macro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At present, Banco Macro's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 296.4 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04.
 2021 2022 2023 2024 (projected)
Total Revenue372.5B1.5T2.8T3.0T
Interest Expense183.9B307.1B1.6T1.7T

Banco Macro fundamental ratios Correlations

1.0-0.840.981.00.980.0-0.751.00.98-0.080.980.980.990.910.790.980.920.990.991.00.09-0.050.750.370.99
1.0-0.810.971.00.970.0-0.781.00.97-0.050.990.980.990.890.770.990.920.991.01.00.12-0.060.740.330.99
-0.84-0.81-0.92-0.83-0.92-0.160.49-0.86-0.920.08-0.74-0.71-0.79-0.88-0.66-0.78-0.82-0.81-0.77-0.840.28-0.07-0.54-0.32-0.76
0.980.97-0.920.981.00.07-0.720.991.0-0.040.940.920.960.920.750.950.930.970.950.98-0.04-0.010.680.320.95
1.01.0-0.830.980.980.0-0.761.00.98-0.080.990.980.990.910.790.980.920.990.991.00.1-0.050.750.360.99
0.980.97-0.921.00.980.07-0.720.991.0-0.040.940.920.960.920.750.950.930.970.950.98-0.04-0.010.680.320.95
0.00.0-0.160.070.00.07-0.180.010.020.48-0.01-0.080.04-0.13-0.290.070.090.040.01-0.02-0.28-0.13-0.34-0.440.02
-0.75-0.780.49-0.72-0.76-0.72-0.18-0.73-0.66-0.51-0.83-0.79-0.84-0.44-0.25-0.87-0.78-0.83-0.82-0.75-0.080.1-0.250.26-0.82
1.01.0-0.860.991.00.990.01-0.730.99-0.10.980.970.980.920.80.970.920.990.981.00.07-0.040.750.380.98
0.980.97-0.921.00.981.00.02-0.660.99-0.140.930.920.950.950.810.930.920.960.950.98-0.030.010.740.410.94
-0.08-0.050.08-0.04-0.08-0.040.48-0.51-0.1-0.140.0-0.10.06-0.41-0.670.110.030.05-0.02-0.08-0.11-0.13-0.69-0.96-0.01
0.980.99-0.740.940.990.94-0.01-0.830.980.930.00.990.990.840.730.990.90.991.00.980.18-0.070.720.291.0
0.980.98-0.710.920.980.92-0.08-0.790.970.92-0.10.990.980.850.790.970.90.970.990.970.18-0.070.780.380.99
0.990.99-0.790.960.990.960.04-0.840.980.950.060.990.980.840.71.00.931.01.00.990.1-0.070.660.230.99
0.910.89-0.880.920.910.92-0.13-0.440.920.95-0.410.840.850.840.920.810.790.850.850.910.050.050.860.650.84
0.790.77-0.660.750.790.75-0.29-0.250.80.81-0.670.730.790.70.920.660.670.70.750.790.150.020.980.860.74
0.980.99-0.780.950.980.950.07-0.870.970.930.110.990.971.00.810.660.921.00.990.980.11-0.080.630.180.99
0.920.92-0.820.930.920.930.09-0.780.920.920.030.90.90.930.790.670.920.920.930.91-0.250.010.620.240.92
0.990.99-0.810.970.990.970.04-0.830.990.960.050.990.971.00.850.71.00.920.990.990.1-0.080.660.240.99
0.991.0-0.770.950.990.950.01-0.820.980.95-0.021.00.991.00.850.750.990.930.990.980.1-0.070.720.31.0
1.01.0-0.840.981.00.98-0.02-0.751.00.98-0.080.980.970.990.910.790.980.910.990.980.12-0.030.740.360.98
0.090.120.28-0.040.1-0.04-0.28-0.080.07-0.03-0.110.180.180.10.050.150.11-0.250.10.10.12-0.210.230.120.14
-0.05-0.06-0.07-0.01-0.05-0.01-0.130.1-0.040.01-0.13-0.07-0.07-0.070.050.02-0.080.01-0.08-0.07-0.03-0.21-0.020.11-0.09
0.750.74-0.540.680.750.68-0.34-0.250.750.74-0.690.720.780.660.860.980.630.620.660.720.740.23-0.020.860.72
0.370.33-0.320.320.360.32-0.440.260.380.41-0.960.290.380.230.650.860.180.240.240.30.360.120.110.860.29
0.990.99-0.760.950.990.950.02-0.820.980.94-0.011.00.990.990.840.740.990.920.991.00.980.14-0.090.720.29
Click cells to compare fundamentals

Banco Macro Account Relationship Matchups

Banco Macro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets604.0B1.2T1.9T2.1T6.7T7.1T
Total Stockholder Equity142.8B223.5B466.7B512.4B2.0T2.1T
Net Debt(125.1B)(322.0B)(351.0B)(175.2B)(408.5B)(388.1B)
Cash125.6B322.4B396.0B250.1B868.5B912.0B
Other Assets466.5B822.3B1.5T1.7T5.7T6.0T
Cash And Short Term Investments125.6B322.4B396.0B250.1B868.5B912.0B
Common Stock Shares Outstanding629.5M661.1M639.4M639.4M82.2M365.1M
Liabilities And Stockholders Equity428.4B769.9B1.0T2.1T6.7T7.1T
Other Stockholder Equity26.8B(8.3B)61.3B185.7B(255.9B)(243.1B)
Total Liab461.2B938.6B1.5T1.6T4.7T4.9T
Total Current Assets125.6B322.4B396.0B363.2B868.5B912.0B
Non Currrent Assets Other(5.1B)(267.1M)(560.2M)(1.1T)(2.7B)(2.8B)
Short Long Term Debt Total498.2M466.2M45.0B74.8B460.0B483.0B
Other Current Liab13.1B10.6B7.6B645.5B2.2T2.3T
Total Current Liabilities8.2B10.9B19.7B10.8B104.8B110.1B
Other Liab1.3B87.2B124.5B193.9B223.0B234.1B
Property Plant And Equipment Net7.1B9.6B19.0B101.9B72.1B75.7B
Retained Earnings79.2B126.1B274.8B43.2B1.4T1.5T
Accounts Payable13.5B17.2B1.7B6.1B34.4B36.1B
Non Current Assets Total11.9B17.3B35.4B17.5B147.3B154.6B
Long Term Debt36.4B39.2B45.4B77.3B387.1B406.4B
Net Receivables5.6B57.1B123.4B113.1B395.4B415.1B
Good Will(3.5B)(5.0B)(279K)240K216K226.8K
Common Stock Total Equity0.0669.7M639.4M639M575.1M468.1M
Short Term Investments0.01.1B(422K)429.5B291.7B306.3B
Non Current Liabilities Total40.1B54.5B80.0B1.6T334.5B351.2B
Other Current Assets106.8B181.7B251.5B405.4B2.1T2.2T
Property Plant And Equipment Gross25.7B34.4B70.6B101.9B559.0B586.9B
Accumulated Other Comprehensive Income36.1B105.0B130.0B282.9B875.8B919.6B
Intangible Assets4.8B7.7B16.4B17.4B75.2B78.9B
Property Plant Equipment3.1B34.4B52.9B101.9B117.1B123.0B
Short Term Debt4.3B5.8B6.1B10.4B144.6B151.9B
Net Tangible Assets87.7B143.0B230.2B495.0B569.2B597.7B
Inventory(112.5B)(238.8B)(374.9B)(405.4B)(2.5T)(2.3T)
Long Term Investments84.2B299.2B374.2B1.0T2.3T2.5T
Long Term Debt Total36.4B55.0B45.4B77.3B88.9B93.3B

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When determining whether Banco Macro SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Macro'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 Banco Macro Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Macro Sa Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Banco Macro's price analysis, check to measure Banco Macro'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 Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro'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 Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry 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 Banco Macro. If investors know Banco 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 Banco Macro 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
5.275
Earnings Share
10.38
Revenue Per Share
44.5 K
Quarterly Revenue Growth
1.304
Return On Assets
0.0888
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro'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 Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro'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 Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro'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.