Itau Total Operating Expenses vs Operating Income Analysis
ITUB Stock | USD 6.48 0.03 0.46% |
Itau Unibanco financial indicator trend analysis is infinitely more than just investigating Itau Unibanco Banco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itau Unibanco Banco is a good investment. Please check the relationship between Itau Unibanco Total Operating Expenses and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itau Unibanco Banco Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Itau Unibanco's Total Operating Expenses and Operating Income is 0.43. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Itau Unibanco Banco, assuming nothing else is changed. The correlation between historical values of Itau Unibanco's Total Operating Expenses and Operating Income 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 Operating Expenses of Itau Unibanco Banco are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Itau Unibanco's Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Operating Income
Operating Income is the amount of profit realized from Itau Unibanco Banco 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 Itau Unibanco Banco 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.Most indicators from Itau Unibanco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itau Unibanco Banco 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. At present, Itau Unibanco'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 969.3 B, whereas Selling General Administrative is forecasted to decline to about 30.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 121.8B | 53.8B | 344.8B | 362.0B | Total Revenue | 121.8B | 138.6B | 344.8B | 362.0B |
Itau Unibanco fundamental ratios Correlations
Click cells to compare fundamentals
Itau Unibanco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Itau Unibanco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6T | 2.0T | 2.1T | 2.3T | 2.6T | 2.7T | |
Short Long Term Debt Total | 279.3B | 299.6B | 321.2B | 428.0B | 821.1B | 862.1B | |
Total Current Liabilities | 126.5B | 102.1B | 104.8B | 148.3B | 841.3B | 883.4B | |
Total Stockholder Equity | 136.9B | 143.0B | 152.9B | 168.0B | 190.2B | 199.7B | |
Other Liab | 241.8B | 244.0B | 255.8B | 275.8B | 317.2B | 333.1B | |
Property Plant And Equipment Net | 11.0B | 11.8B | 12.0B | 11.6B | 12.5B | 6.9B | |
Net Debt | 123.1B | 107.6B | 102.2B | 217.2B | 592.7B | 622.3B | |
Retained Earnings | 42.5B | 47.3B | 66.2B | 86.9B | 104.5B | 109.7B | |
Accounts Payable | 28.7B | 31.2B | 30.2B | 37.5B | 30.8B | 25.4B | |
Cash | 156.2B | 192.0B | 219.0B | 210.7B | 228.4B | 239.8B | |
Non Current Assets Total | 595.4B | 658.2B | 645.7B | 22.4B | 1.9T | 2.0T | |
Non Currrent Assets Other | (45.7B) | (61.6B) | (55.3B) | (781.1B) | 1.8T | 1.9T | |
Other Assets | 799.2B | 1.0T | 1.0T | 2.3T | 2.6T | 2.8T | |
Long Term Debt | 155.3B | 192.4B | 211.1B | 275.7B | 261.5B | 274.6B | |
Cash And Short Term Investments | 232.9B | 301.9B | 324.7B | 331.8B | 40.6B | 38.6B | |
Net Receivables | 10.0B | 56.9B | 66.3B | 78.4B | 96.5B | 101.3B | |
Common Stock Total Equity | 99.1B | 99.3B | 97.1B | 99.7B | 114.6B | 60.4B | |
Common Stock Shares Outstanding | 9.8B | 9.8B | 9.8B | 9.9B | 9.9B | 9.4B | |
Short Term Investments | 76.7B | 109.9B | 105.6B | 121.1B | 130.0B | 70.4B | |
Liabilities And Stockholders Equity | 1.6T | 2.0T | 2.1T | 2.3T | 2.6T | 2.7T | |
Non Current Liabilities Total | 283.1B | 201.0B | 220.0B | 148.3B | 1.5T | 1.6T | |
Other Current Assets | 740.5B | 923.0B | 863.4B | 556.1B | 612.9B | 460.7B | |
Other Stockholder Equity | (43.8B) | (48.3B) | (66.7B) | (87.0B) | (101.9B) | (96.8B) | |
Total Liab | 1.5T | 1.9T | 1.9T | 2.1T | 2.4T | 2.5T | |
Property Plant And Equipment Gross | 7.2B | 11.8B | 27.1B | 27.2B | 27.8B | 29.2B | |
Total Current Assets | 242.9B | 358.8B | 391.0B | 7.0B | 612.9B | 468.9B | |
Accumulated Other Comprehensive Income | 38.9B | 44.2B | 62.7B | 77.3B | 96.8B | 101.7B | |
Short Term Debt | 123.9B | 102.1B | 104.8B | 148.3B | 524.9B | 551.1B | |
Intangible Assets | 8.6B | 9.1B | 13.3B | 15.6B | 15.5B | 16.3B | |
Common Stock | 99.3B | 99.3B | 99.7B | 90.7B | 104.3B | 66.8B | |
Property Plant Equipment | 10.8B | 11.8B | 12.0B | 11.6B | 13.4B | 14.0B | |
Inventory | (740.5B) | (923.0B) | (863.4B) | (959.2B) | (137.1B) | (144.0B) | |
Good Will | 11.2B | 8.2B | 7.8B | 7.6B | 7.8B | 7.1B | |
Other Current Liab | (28.7B) | (34.4B) | (33.5B) | (40.2B) | 284.4B | 298.6B | |
Current Deferred Revenue | 2.7B | 3.2B | 3.3B | 2.7B | 1.3B | 2.2B | |
Net Tangible Assets | 117.2B | 125.7B | 131.8B | 144.8B | 166.6B | 112.2B | |
Long Term Investments | 542.2B | 629.1B | 612.6B | 709.5B | 894.3B | 489.0B | |
Short Long Term Debt | 123.9B | 102.1B | 104.8B | 148.3B | 187.0B | 113.3B | |
Capital Lease Obligations | 4.1B | 5.1B | 5.3B | 3.9B | 3.3B | 2.7B |
Itau Unibanco Investors Sentiment
The influence of Itau Unibanco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Itau. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Itau Unibanco's public news can be used to forecast risks associated with an investment in Itau. The trend in average sentiment can be used to explain how an investor holding Itau can time the market purely based on public headlines and social activities around Itau Unibanco Banco. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Itau Unibanco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Itau Unibanco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Itau Unibanco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Itau Unibanco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Itau Unibanco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Itau Unibanco's short interest history, or implied volatility extrapolated from Itau Unibanco options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Itau Stock analysis
When running Itau Unibanco's price analysis, check to measure Itau Unibanco'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 Itau Unibanco is operating at the current time. Most of Itau Unibanco's value examination focuses on studying past and present price action to predict the probability of Itau Unibanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itau Unibanco's price. Additionally, you may evaluate how the addition of Itau Unibanco to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is Itau Unibanco'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 Itau Unibanco. If investors know Itau 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 Itau Unibanco 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 0.333 | Dividend Share 2.148 | Earnings Share 0.65 | Revenue Per Share 13.267 | Quarterly Revenue Growth 0.196 |
The market value of Itau Unibanco Banco is measured differently than its book value, which is the value of Itau that is recorded on the company's balance sheet. Investors also form their own opinion of Itau Unibanco's value that differs from its market value or its book value, called intrinsic value, which is Itau Unibanco'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 Itau Unibanco's market value can be influenced by many factors that don't directly affect Itau Unibanco'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 Itau Unibanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itau Unibanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itau Unibanco'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.