Comerica Cash And Short Term Investments vs Total Stockholder Equity Analysis

CMA Stock  USD 51.24  1.18  2.36%   
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 Cash And Short Term Investments and its Total Stockholder Equity 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 tightly coupled 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.

Cash And Short Term Investments vs Total Stockholder Equity

Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerica Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Comerica's Cash And Short Term Investments and Total Stockholder Equity is 0.52. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Comerica, assuming nothing else is changed. The correlation between historical values of Comerica's Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Comerica are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Comerica's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Comerica balance sheet. This account contains Comerica investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Comerica fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 tightly coupled 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 Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 7.7 B, whereas Selling General Administrative is forecasted to decline to about 921 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.5B5.3B2.7B
Total Revenue3.0B3.5B5.3B2.7B

Comerica fundamental ratios Correlations

0.370.23-0.040.750.920.220.18-0.12-0.09-0.040.830.020.340.590.340.41-0.02-0.4-0.230.510.750.650.40.570.2
0.370.510.080.790.42-0.430.790.650.15-0.060.370.610.910.14-0.580.560.50.590.24-0.180.870.85-0.36-0.310.17
0.230.510.590.320.220.360.740.070.620.550.2-0.20.660.1-0.590.330.440.210.56-0.270.590.71-0.32-0.410.72
-0.040.080.59-0.17-0.070.180.560.170.970.970.01-0.610.310.12-0.520.140.68-0.040.85-0.140.10.32-0.29-0.420.22
0.750.790.32-0.170.72-0.280.470.4-0.09-0.220.570.520.60.19-0.090.420.060.19-0.250.050.890.78-0.060.270.32
0.920.420.22-0.070.720.080.180.01-0.1-0.090.70.150.390.490.270.350.08-0.24-0.20.380.750.640.460.410.18
0.22-0.430.360.18-0.280.08-0.18-0.890.050.280.25-0.71-0.190.370.32-0.02-0.27-0.620.060.34-0.08-0.030.310.20.38
0.180.790.740.560.470.18-0.180.570.620.430.140.210.820.08-0.850.50.760.570.68-0.360.680.72-0.56-0.590.35
-0.120.650.070.170.40.01-0.890.570.320.06-0.210.60.48-0.34-0.640.150.550.740.27-0.490.320.32-0.5-0.43-0.07
-0.090.150.620.97-0.09-0.10.050.620.320.95-0.13-0.50.31-0.1-0.630.10.660.120.79-0.360.120.33-0.39-0.460.34
-0.04-0.060.550.97-0.22-0.090.280.430.060.95-0.02-0.720.180.06-0.410.070.54-0.160.74-0.130.010.24-0.2-0.320.28
0.830.370.20.010.570.70.250.14-0.21-0.13-0.02-0.060.460.880.350.480.05-0.51-0.060.80.660.630.310.45-0.09
0.020.61-0.2-0.610.520.15-0.710.210.6-0.5-0.72-0.060.34-0.21-0.230.170.030.7-0.31-0.260.360.17-0.22-0.15-0.14
0.340.910.660.310.60.39-0.190.820.480.310.180.460.340.35-0.60.610.650.430.49-0.040.840.89-0.24-0.440.13
0.590.140.10.120.190.490.370.08-0.34-0.10.060.88-0.210.350.310.410.19-0.550.180.880.40.380.320.24-0.3
0.34-0.58-0.59-0.52-0.090.270.32-0.85-0.64-0.63-0.410.35-0.23-0.60.31-0.25-0.71-0.8-0.720.69-0.27-0.360.70.86-0.27
0.410.560.330.140.420.35-0.020.50.150.10.070.480.170.610.41-0.250.570.110.210.180.610.62-0.07-0.07-0.09
-0.020.50.440.680.060.08-0.270.760.550.660.540.050.030.650.19-0.710.570.420.83-0.190.370.47-0.34-0.64-0.12
-0.40.590.21-0.040.19-0.24-0.620.570.740.12-0.16-0.510.70.43-0.55-0.80.110.420.27-0.780.20.16-0.57-0.710.12
-0.230.240.560.85-0.25-0.20.060.680.270.790.74-0.06-0.310.490.18-0.720.210.830.27-0.190.120.29-0.4-0.750.02
0.51-0.18-0.27-0.140.050.380.34-0.36-0.49-0.36-0.130.8-0.26-0.040.880.690.18-0.19-0.78-0.190.10.060.50.56-0.44
0.750.870.590.10.890.75-0.080.680.320.120.010.660.360.840.4-0.270.610.370.20.120.10.95-0.050.010.31
0.650.850.710.320.780.64-0.030.720.320.330.240.630.170.890.38-0.360.620.470.160.290.060.95-0.1-0.070.32
0.4-0.36-0.32-0.29-0.060.460.31-0.56-0.5-0.39-0.20.31-0.22-0.240.320.7-0.07-0.34-0.57-0.40.5-0.05-0.10.49-0.23
0.57-0.31-0.41-0.420.270.410.2-0.59-0.43-0.46-0.320.45-0.15-0.440.240.86-0.07-0.64-0.71-0.750.560.01-0.070.49-0.06
0.20.170.720.220.320.180.380.35-0.070.340.28-0.09-0.140.13-0.3-0.27-0.09-0.120.120.02-0.440.310.32-0.23-0.06
Click cells to compare fundamentals

Comerica Account Relationship Matchups

Comerica fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding151M140M137M133M153.0M166.9M
Total Assets73.4B88.1B94.6B85.4B85.8B59.4B
Short Long Term Debt Total7.3B5.7B2.8B6.2B9.8B6.7B
Total Current Liabilities71M905M877M3.2B31.4B33.0B
Total Stockholder Equity7.3B8.1B7.9B5.2B6.4B5.6B
Property Plant And Equipment Net457M459M454M400M445M495.2M
Net Debt1.5B(10.0B)(19.9B)(47M)269M255.6M
Retained Earnings9.5B9.6B10.5B11.3B11.7B12.3B
Cash5.8B15.8B22.7B6.3B9.5B10.0B
Non Current Assets Total13.6B16.3B18.3B400M75.9B79.7B
Non Currrent Assets Other(326M)(16.3B)(18.3B)(19.8B)67.0B70.4B
Other Assets36.0B34.9B30.2B53.7B61.8B43.5B
Cash And Short Term Investments18.4B31.0B39.9B25.5B(1.4B)(1.4B)
Net Receivables5.4B6.0B6.2B7.5B8.0B4.7B
Liabilities And Stockholders Equity73.4B88.1B94.6B85.4B85.8B59.4B
Non Current Liabilities Total7.3B5.7B2.8B77.0B48.0B50.4B
Other Stockholder Equity(3.1B)(3.3B)(3.9B)(3.9B)(3.8B)(3.6B)
Total Liab66.1B5.7B86.7B80.2B79.4B51.5B
Property Plant And Equipment Gross457M459M1.5B1.3B1.4B1.5B
Total Current Assets23.8B36.9B46.1B31.3B9.9B8.7B
Short Term Debt71M905M877M3.2B3.6B3.7B
Other Current Liab(71M)(905M)(877M)40.0B27.8B24.5B
Accumulated Other Comprehensive Income(235M)168M(212M)(3.7B)(3.0B)(2.9B)
Other Liab426M44M30M214M192.6M183.0M
Accounts Payable45M875M848M(40.0B)(32M)(30.4M)
Long Term Debt7.3B5.7B2.8B3.0B5.2B5.5B
Short Term Investments12.6B15.2B17.2B19.2B1.2B1.1B
Inventory(6.0B)(16.1B)(23.0B)(6.5B)(5.9B)(5.6B)
Treasury Stock(5.3B)(5.5B)(6.1B)(6.1B)(5.5B)(5.2B)
Intangible Assets2M1M642M667M114M172.6M
Property Plant Equipment457M459M454M400M460M559.1M
Net Tangible Assets7.3B7.7B6.9B4.8B4.3B5.6B
Retained Earnings Total Equity8.8B9.5B9.6B11.3B12.9B8.4B
Long Term Debt Total7.3B5.7B2.8B3.0B2.7B3.7B
Capital Surpluse2.2B2.2B2.2B2.2B2.6B2.3B

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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 tightly coupled 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Comerica's price analysis, check to measure Comerica'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 Comerica is operating at the current time. Most of Comerica's value examination focuses on studying past and present price action to predict the probability of Comerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comerica's price. Additionally, you may evaluate how the addition of Comerica to your portfolios can decrease your overall portfolio volatility.
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Is Comerica'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 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
(0.59)
Dividend Share
2.84
Earnings Share
5.03
Revenue Per Share
25.051
Quarterly Revenue Growth
(0.20)
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.