Comerica Total Assets vs Net Invested Capital Analysis

CMA Stock

USD 54.83 0.32 0.59%

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 Total Assets and its Net Invested Capital 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.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comerica Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between Comerica's Total Assets and Net Invested Capital is 0.04. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Comerica, assuming nothing else is changed. The correlation between historical values of Comerica's Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Comerica are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Comerica's Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Assets

Total assets refers to the total amount of Comerica assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Comerica books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 Profit	3.0B	3.5B	5.3B	2.7B
Total Revenue	3.0B	3.5B	5.3B	2.7B

Gross Profit Total Revenue

Comerica fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Common Stock	Common Stock Total Equity	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.37	0.23	-0.04	0.75	0.92	0.22	0.18	-0.12	-0.09	-0.04	0.83	0.02	0.34	0.59	0.34	0.41	-0.02	-0.4	-0.23	0.51	0.75	0.65	0.4	0.57	0.2
Total Assets	0.37		0.51	0.08	0.79	0.42	-0.43	0.79	0.65	0.15	-0.06	0.37	0.61	0.91	0.14	-0.58	0.56	0.5	0.59	0.24	-0.18	0.87	0.85	-0.36	-0.31	0.17
Short Long Term Debt Total	0.23	0.51		0.59	0.32	0.22	0.36	0.74	0.07	0.62	0.55	0.2	-0.2	0.66	0.1	-0.59	0.33	0.44	0.21	0.56	-0.27	0.59	0.71	-0.32	-0.41	0.72
Total Current Liabilities	-0.04	0.08	0.59		-0.17	-0.07	0.18	0.56	0.17	0.97	0.97	0.01	-0.61	0.31	0.12	-0.52	0.14	0.68	-0.04	0.85	-0.14	0.1	0.32	-0.29	-0.42	0.22
Total Stockholder Equity	0.75	0.79	0.32	-0.17		0.72	-0.28	0.47	0.4	-0.09	-0.22	0.57	0.52	0.6	0.19	-0.09	0.42	0.06	0.19	-0.25	0.05	0.89	0.78	-0.06	0.27	0.32
Property Plant And Equipment Net	0.92	0.42	0.22	-0.07	0.72		0.08	0.18	0.01	-0.1	-0.09	0.7	0.15	0.39	0.49	0.27	0.35	0.08	-0.24	-0.2	0.38	0.75	0.64	0.46	0.41	0.18
Net Debt	0.22	-0.43	0.36	0.18	-0.28	0.08		-0.18	-0.89	0.05	0.28	0.25	-0.71	-0.19	0.37	0.32	-0.02	-0.27	-0.62	0.06	0.34	-0.08	-0.03	0.31	0.2	0.38
Retained Earnings	0.18	0.79	0.74	0.56	0.47	0.18	-0.18		0.57	0.62	0.43	0.14	0.21	0.82	0.08	-0.85	0.5	0.76	0.57	0.68	-0.36	0.68	0.72	-0.56	-0.59	0.35
Cash	-0.12	0.65	0.07	0.17	0.4	0.01	-0.89	0.57		0.32	0.06	-0.21	0.6	0.48	-0.34	-0.64	0.15	0.55	0.74	0.27	-0.49	0.32	0.32	-0.5	-0.43	-0.07
Non Current Assets Total	-0.09	0.15	0.62	0.97	-0.09	-0.1	0.05	0.62	0.32		0.95	-0.13	-0.5	0.31	-0.1	-0.63	0.1	0.66	0.12	0.79	-0.36	0.12	0.33	-0.39	-0.46	0.34
Non Currrent Assets Other	-0.04	-0.06	0.55	0.97	-0.22	-0.09	0.28	0.43	0.06	0.95		-0.02	-0.72	0.18	0.06	-0.41	0.07	0.54	-0.16	0.74	-0.13	0.01	0.24	-0.2	-0.32	0.28
Other Assets	0.83	0.37	0.2	0.01	0.57	0.7	0.25	0.14	-0.21	-0.13	-0.02		-0.06	0.46	0.88	0.35	0.48	0.05	-0.51	-0.06	0.8	0.66	0.63	0.31	0.45	-0.09
Cash And Short Term Investments	0.02	0.61	-0.2	-0.61	0.52	0.15	-0.71	0.21	0.6	-0.5	-0.72	-0.06		0.34	-0.21	-0.23	0.17	0.03	0.7	-0.31	-0.26	0.36	0.17	-0.22	-0.15	-0.14
Net Receivables	0.34	0.91	0.66	0.31	0.6	0.39	-0.19	0.82	0.48	0.31	0.18	0.46	0.34		0.35	-0.6	0.61	0.65	0.43	0.49	-0.04	0.84	0.89	-0.24	-0.44	0.13
Non Current Liabilities Total	0.59	0.14	0.1	0.12	0.19	0.49	0.37	0.08	-0.34	-0.1	0.06	0.88	-0.21	0.35		0.31	0.41	0.19	-0.55	0.18	0.88	0.4	0.38	0.32	0.24	-0.3
Other Stockholder Equity	0.34	-0.58	-0.59	-0.52	-0.09	0.27	0.32	-0.85	-0.64	-0.63	-0.41	0.35	-0.23	-0.6	0.31		-0.25	-0.71	-0.8	-0.72	0.69	-0.27	-0.36	0.7	0.86	-0.27
Total Liab	0.41	0.56	0.33	0.14	0.42	0.35	-0.02	0.5	0.15	0.1	0.07	0.48	0.17	0.61	0.41	-0.25		0.57	0.11	0.21	0.18	0.61	0.62	-0.07	-0.07	-0.09
Property Plant And Equipment Gross	-0.02	0.5	0.44	0.68	0.06	0.08	-0.27	0.76	0.55	0.66	0.54	0.05	0.03	0.65	0.19	-0.71	0.57		0.42	0.83	-0.19	0.37	0.47	-0.34	-0.64	-0.12
Total Current Assets	-0.4	0.59	0.21	-0.04	0.19	-0.24	-0.62	0.57	0.74	0.12	-0.16	-0.51	0.7	0.43	-0.55	-0.8	0.11	0.42		0.27	-0.78	0.2	0.16	-0.57	-0.71	0.12
Short Term Debt	-0.23	0.24	0.56	0.85	-0.25	-0.2	0.06	0.68	0.27	0.79	0.74	-0.06	-0.31	0.49	0.18	-0.72	0.21	0.83	0.27		-0.19	0.12	0.29	-0.4	-0.75	0.02
Other Current Liab	0.51	-0.18	-0.27	-0.14	0.05	0.38	0.34	-0.36	-0.49	-0.36	-0.13	0.8	-0.26	-0.04	0.88	0.69	0.18	-0.19	-0.78	-0.19		0.1	0.06	0.5	0.56	-0.44
Common Stock	0.75	0.87	0.59	0.1	0.89	0.75	-0.08	0.68	0.32	0.12	0.01	0.66	0.36	0.84	0.4	-0.27	0.61	0.37	0.2	0.12	0.1		0.95	-0.05	0.01	0.31
Common Stock Total Equity	0.65	0.85	0.71	0.32	0.78	0.64	-0.03	0.72	0.32	0.33	0.24	0.63	0.17	0.89	0.38	-0.36	0.62	0.47	0.16	0.29	0.06	0.95		-0.1	-0.07	0.32
Other Liab	0.4	-0.36	-0.32	-0.29	-0.06	0.46	0.31	-0.56	-0.5	-0.39	-0.2	0.31	-0.22	-0.24	0.32	0.7	-0.07	-0.34	-0.57	-0.4	0.5	-0.05	-0.1		0.49	-0.23
Accounts Payable	0.57	-0.31	-0.41	-0.42	0.27	0.41	0.2	-0.59	-0.43	-0.46	-0.32	0.45	-0.15	-0.44	0.24	0.86	-0.07	-0.64	-0.71	-0.75	0.56	0.01	-0.07	0.49		-0.06
Long Term Debt	0.2	0.17	0.72	0.22	0.32	0.18	0.38	0.35	-0.07	0.34	0.28	-0.09	-0.14	0.13	-0.3	-0.27	-0.09	-0.12	0.12	0.02	-0.44	0.31	0.32	-0.23	-0.06

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Comerica Account Relationship Matchups

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	5.7B	2.8B	6.2B	9.8B	6.7B
Total Current Liabilities	71M	905M	877M	3.2B	31.4B	33.0B
Total Stockholder Equity	7.3B	8.1B	7.9B	5.2B	6.4B	5.6B
Property Plant And Equipment Net	457M	459M	454M	400M	445M	495.2M
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	75.9B	79.7B
Non Currrent Assets Other	(326M)	(16.3B)	(18.3B)	(19.8B)	67.0B	70.4B
Other Assets	36.0B	34.9B	30.2B	53.7B	61.8B	43.5B
Cash And Short Term Investments	18.4B	31.0B	39.9B	25.5B	(1.4B)	(1.4B)
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	48.0B	50.4B
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	9.9B	8.7B
Short Term Debt	71M	905M	877M	3.2B	3.6B	3.7B
Other Current Liab	(71M)	(905M)	(877M)	40.0B	27.8B	24.5B
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)	(5.6B)
Treasury Stock	(5.3B)	(5.5B)	(6.1B)	(6.1B)	(5.5B)	(5.2B)
Intangible Assets	2M	1M	642M	667M	114M	172.6M
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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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:

How To Invest In Comerica

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Is Comerica Stock a good investment?

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What is Comerica's Net Worth?

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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.

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Comerica Total Assets vs Net Invested Capital Analysis

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Assets

Net Invested Capital

Comerica fundamental ratios Correlations

Comerica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Comerica fundamental ratios Accounts

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COMPANY

Non Current Assets Total	+ 0.97	Total Current Liabilities
Non Currrent Assets Other	+ 0.97	Total Current Liabilities
Non Currrent Assets Other	+ 0.95	Non Current Assets Total
Common Stock Total Equity	+ 0.95	Common Stock
Property Plant And Equipment Net	+ 0.92	Common Stock Shares Outstanding
Net Receivables	+ 0.91	Total Assets

Cash	- 0.89	Net Debt
Other Stockholder Equity	- 0.85	Retained Earnings
Total Current Assets	- 0.8	Other Stockholder Equity
Other Current Liab	- 0.78	Total Current Assets
Accounts Payable	- 0.75	Short Term Debt
Short Term Debt	- 0.72	Other Stockholder Equity