Bristol Depreciation And Amortization vs Selling General Administrative Analysis

BMY Stock  USD 44.03  0.08  0.18%   
Bristol Myers financial indicator trend analysis is way more than just evaluating Bristol Myers Squibb prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bristol Myers Squibb is a good investment. Please check the relationship between Bristol Myers Depreciation And Amortization and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bristol Myers Squibb. 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.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristol Myers Squibb Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bristol Myers' Depreciation And Amortization and Selling General Administrative is 0.76. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Bristol Myers Squibb, assuming nothing else is changed. The correlation between historical values of Bristol Myers' Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Bristol Myers Squibb are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Bristol Myers' Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Bristol Myers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bristol Myers Squibb 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 Bristol Myers Squibb. 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 this time, Bristol Myers' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 12.22 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.6 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit36.4B36.0B34.3B36.0B
Total Revenue46.4B46.2B45.0B47.3B

Bristol Myers fundamental ratios Correlations

0.980.810.930.890.780.98-0.070.90.990.520.830.760.970.450.990.82-0.160.880.990.70.940.850.960.60.88
0.980.780.920.840.791.0-0.160.940.970.380.880.820.980.520.990.76-0.240.890.990.760.950.890.950.570.91
0.810.780.950.550.690.81-0.10.630.770.640.550.770.810.390.760.520.10.60.830.770.870.670.650.620.73
0.930.920.950.70.80.93-0.070.810.890.520.750.880.950.410.90.66-0.040.730.940.870.970.840.80.660.85
0.890.840.550.70.750.840.130.790.910.410.730.50.820.440.880.9-0.140.820.850.430.760.730.930.620.81
0.780.790.690.80.750.790.280.730.760.190.70.770.840.410.780.64-0.130.530.80.750.790.780.70.850.85
0.981.00.810.930.840.79-0.170.90.980.420.830.820.980.520.990.77-0.210.890.990.760.930.890.950.560.91
-0.07-0.16-0.1-0.070.130.28-0.17-0.12-0.07-0.11-0.07-0.11-0.03-0.62-0.120.170.35-0.45-0.11-0.06-0.05-0.16-0.130.44-0.14
0.90.940.630.810.790.730.9-0.120.870.210.980.780.90.480.920.66-0.320.830.910.690.910.850.870.570.84
0.990.970.770.890.910.760.98-0.070.870.530.80.710.950.460.990.84-0.190.890.980.650.910.830.980.570.86
0.520.380.640.520.410.190.42-0.110.210.530.120.160.380.180.450.490.120.440.480.180.450.180.450.210.35
0.830.880.550.750.730.70.83-0.070.980.80.120.760.840.410.850.6-0.370.740.840.670.870.80.80.580.78
0.760.820.770.880.50.770.82-0.110.780.710.160.760.880.350.760.48-0.290.580.80.970.860.870.620.530.8
0.970.980.810.950.820.840.98-0.030.90.950.380.840.880.40.970.78-0.190.810.980.830.950.90.90.630.89
0.450.520.390.410.440.410.52-0.620.480.460.180.410.350.40.50.2-0.340.690.480.290.40.520.50.270.64
0.990.990.760.90.880.780.99-0.120.920.990.450.850.760.970.50.8-0.220.90.990.690.930.860.970.580.88
0.820.760.520.660.90.640.770.170.660.840.490.60.480.780.20.8-0.070.720.780.450.690.650.860.520.75
-0.16-0.240.1-0.04-0.14-0.13-0.210.35-0.32-0.190.12-0.37-0.29-0.19-0.34-0.22-0.07-0.33-0.18-0.19-0.07-0.32-0.240.15-0.26
0.880.890.60.730.820.530.89-0.450.830.890.440.740.580.810.690.90.72-0.330.870.490.770.780.940.30.81
0.990.990.830.940.850.80.99-0.110.910.980.480.840.80.980.480.990.78-0.180.870.750.960.870.950.610.89
0.70.760.770.870.430.750.76-0.060.690.650.180.670.970.830.290.690.45-0.190.490.750.820.830.550.560.75
0.940.950.870.970.760.790.93-0.050.910.910.450.870.860.950.40.930.69-0.070.770.960.820.850.840.680.86
0.850.890.670.840.730.780.89-0.160.850.830.180.80.870.90.520.860.65-0.320.780.870.830.850.820.530.84
0.960.950.650.80.930.70.95-0.130.870.980.450.80.620.90.50.970.86-0.240.940.950.550.840.820.50.83
0.60.570.620.660.620.850.560.440.570.570.210.580.530.630.270.580.520.150.30.610.560.680.530.50.64
0.880.910.730.850.810.850.91-0.140.840.860.350.780.80.890.640.880.75-0.260.810.890.750.860.840.830.64
Click cells to compare fundamentals

Bristol Myers Account Relationship Matchups

Bristol Myers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets129.9B118.5B109.3B96.8B95.2B99.9B
Short Long Term Debt Total47.5B51.7B45.6B40.7B41.5B43.5B
Other Current Liab7.9B10.2B10.1B13.1B11.5B12.1B
Total Current Liabilities18.3B19.1B21.9B21.9B22.3B23.4B
Total Stockholder Equity51.6B37.8B35.9B31.1B29.4B15.0B
Property Plant And Equipment Net6.3B6.7B7.0B7.5B8.0B5.2B
Net Debt35.2B37.1B31.6B31.6B30B31.5B
Retained Earnings34.5B21.3B23.8B25.5B28.8B22.0B
Cash12.3B14.5B14.0B9.1B11.5B12.0B
Non Current Assets Total100.6B88.3B76.1B69.5B63.4B66.6B
Non Currrent Assets Other6.6B2.1B1.7B1.0B1.9B2.0B
Cash And Short Term Investments12.3B14.5B14.0B9.1B12.3B12.9B
Net Receivables7.7B8.5B12.5B13.9B15.3B16.0B
Good Will22.5B20.5B20.5B21.1B21.2B22.2B
Common Stock Shares Outstanding1.7B2.3B2.2B2.1B2.1B1.6B
Liabilities And Stockholders Equity129.9B118.5B109.3B96.8B95.2B99.9B
Non Current Liabilities Total59.9B61.5B51.4B43.8B43.4B45.6B
Inventory4.3B2.1B2.1B2.3B2.7B1.9B
Other Current Assets2.0B1.4B1.3B1.6B1.5B1.8B
Other Stockholder Equity18.4B18.1B13.1B6.5B1.9B2.0B
Total Liab78.2B80.6B73.3B65.7B65.7B69.0B
Property Plant And Equipment Gross6.3B5.9B11.0B11.6B12.8B13.5B
Total Current Assets29.4B30.2B33.3B27.3B31.8B33.4B
Accumulated Other Comprehensive Income(1.5B)(1.8B)(1.3B)(1.3B)(1.5B)(1.6B)
Short Term Debt3.5B2.5B5.1B4.4B3.3B3.4B
Intangible Assets64.0B53.2B42.8B36.4B27.5B28.9B
Accounts Payable2.4B2.7B2.9B3.0B3.3B1.9B
Short Term Investments3.0B1.3B3.2B130M816M775.2M
Other Liab15.9B12.3B11.0B7.4B8.5B4.9B
Other Assets4.8B7.3B3.3B2.9B3.3B3.3B
Long Term Debt43.4B48.3B39.6B35.1B36.7B38.5B
Treasury Stock(25.4B)(26.2B)(31.3B)(38.6B)(43.8B)(41.6B)
Property Plant Equipment6.3B5.9B6.0B6.3B7.2B5.8B
Current Deferred Revenue4.5B3.6B3.7B1.3B4.2B4.4B
Net Tangible Assets(34.9B)(36.0B)(28.2B)(25.9B)(23.4B)(22.2B)
Noncontrolling Interest In Consolidated Entity96M100M60M57M55M74.7M

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When determining whether Bristol Myers Squibb offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bristol Myers' 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 Bristol Myers Squibb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bristol Myers Squibb Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bristol Myers Squibb. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Bristol Myers' price analysis, check to measure Bristol Myers' 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 Bristol Myers is operating at the current time. Most of Bristol Myers' value examination focuses on studying past and present price action to predict the probability of Bristol Myers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol Myers' price. Additionally, you may evaluate how the addition of Bristol Myers to your portfolios can decrease your overall portfolio volatility.
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Is Bristol Myers' 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 Bristol Myers. If investors know Bristol 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 Bristol Myers 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
(0.09)
Dividend Share
2.34
Earnings Share
(3.10)
Revenue Per Share
22.212
Quarterly Revenue Growth
0.047
The market value of Bristol Myers Squibb is measured differently than its book value, which is the value of Bristol that is recorded on the company's balance sheet. Investors also form their own opinion of Bristol Myers' value that differs from its market value or its book value, called intrinsic value, which is Bristol Myers' 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 Bristol Myers' market value can be influenced by many factors that don't directly affect Bristol Myers' 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 Bristol Myers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bristol Myers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bristol Myers' 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.