BCE Net Receivables vs Other Current Assets Analysis

BCE Stock  USD 34.34  0.23  0.67%   
BCE financial indicator trend analysis is way more than just evaluating BCE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BCE Inc is a good investment. Please check the relationship between BCE Net Receivables and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCE Inc Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BCE's Net Receivables and Other Current Assets is 0.51. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of BCE Inc, assuming nothing else is changed. The correlation between historical values of BCE's Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of BCE Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., BCE's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from BCE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCE Inc 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 BCE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At present, BCE's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 78.4 B, whereas Tax Provision is forecasted to decline to about 803.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit9.9B16.5B7.4B9.8B
Total Revenue23.4B24.2B24.7B22.5B

BCE fundamental ratios Correlations

0.830.150.860.960.990.84-0.410.071.00.550.180.90.90.98-0.460.6-0.740.990.630.880.60.890.720.070.84
0.830.460.720.760.861.0-0.380.30.810.660.590.630.750.8-0.310.69-0.670.820.850.690.480.960.9-0.110.82
0.150.460.030.040.220.450.40.380.110.630.650.15-0.080.220.510.470.240.180.580.36-0.030.240.53-0.52-0.04
0.860.720.030.830.810.72-0.630.420.860.230.340.620.890.76-0.580.57-0.80.850.440.690.910.830.46-0.030.85
0.960.760.040.830.950.77-0.420.00.960.450.040.860.940.89-0.510.45-0.780.920.50.770.60.870.620.090.87
0.990.860.220.810.950.87-0.360.040.990.590.210.90.880.97-0.410.58-0.710.980.650.870.540.890.760.050.83
0.841.00.450.720.770.87-0.370.270.820.670.570.650.760.81-0.30.69-0.670.820.850.70.460.960.91-0.090.82
-0.41-0.380.4-0.63-0.42-0.36-0.37-0.39-0.430.38-0.26-0.1-0.7-0.280.94-0.160.88-0.37-0.01-0.05-0.63-0.55-0.080.2-0.76
0.070.30.380.420.00.040.27-0.390.06-0.130.81-0.270.170.0-0.180.39-0.240.090.150.040.610.290.08-0.570.25
1.00.810.110.860.960.990.82-0.430.060.520.160.890.910.97-0.490.57-0.750.990.60.870.610.880.70.080.85
0.550.660.630.230.450.590.670.38-0.130.520.230.630.220.640.390.57-0.010.570.880.67-0.060.510.860.180.22
0.180.590.650.340.040.210.57-0.260.810.160.23-0.090.170.17-0.040.62-0.20.220.540.190.370.460.48-0.540.3
0.90.630.150.620.860.90.65-0.1-0.270.890.63-0.090.70.93-0.220.51-0.470.90.530.910.320.650.640.210.59
0.90.75-0.080.890.940.880.76-0.70.170.910.220.170.70.8-0.730.42-0.930.860.410.630.710.890.53-0.050.97
0.980.80.220.760.890.970.81-0.280.00.970.640.170.930.8-0.350.63-0.620.990.680.930.470.810.760.090.73
-0.46-0.310.51-0.58-0.51-0.41-0.30.94-0.18-0.490.39-0.04-0.22-0.73-0.35-0.060.88-0.420.07-0.12-0.53-0.51-0.050.13-0.75
0.60.690.470.570.450.580.69-0.160.390.570.570.620.510.420.63-0.06-0.330.640.720.730.440.610.68-0.130.44
-0.74-0.670.24-0.8-0.78-0.71-0.670.88-0.24-0.75-0.01-0.2-0.47-0.93-0.620.88-0.33-0.69-0.31-0.39-0.66-0.83-0.420.08-0.97
0.990.820.180.850.920.980.82-0.370.090.990.570.220.90.860.99-0.420.64-0.690.650.910.590.850.730.070.79
0.630.850.580.440.50.650.85-0.010.150.60.880.540.530.410.680.070.72-0.310.650.630.160.730.970.030.48
0.880.690.360.690.770.870.7-0.050.040.870.670.190.910.630.93-0.120.73-0.390.910.630.440.660.680.070.52
0.60.48-0.030.910.60.540.46-0.630.610.61-0.060.370.320.710.47-0.530.44-0.660.590.160.440.610.15-0.150.67
0.890.960.240.830.870.890.96-0.550.290.880.510.460.650.890.81-0.510.61-0.830.850.730.660.610.8-0.070.94
0.720.90.530.460.620.760.91-0.080.080.70.860.480.640.530.76-0.050.68-0.420.730.970.680.150.80.020.59
0.07-0.11-0.52-0.030.090.05-0.090.2-0.570.080.18-0.540.21-0.050.090.13-0.130.080.070.030.07-0.15-0.070.02-0.08
0.840.82-0.040.850.870.830.82-0.760.250.850.220.30.590.970.73-0.750.44-0.970.790.480.520.670.940.59-0.08
Click cells to compare fundamentals

BCE Account Relationship Matchups

BCE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.3B60.7B66.7B69.3B71.9B48.1B
Short Long Term Debt Total26.3B26.3B29.7B31.9B36.2B38.0B
Other Current Liab1.3B1.2B1.2B1.3B2.9B3.1B
Total Current Liabilities9.8B8.3B9.1B11.5B12.1B8.4B
Total Stockholder Equity21.2B21.0B22.6B22.2B20.2B16.2B
Property Plant And Equipment Net27.6B27.5B28.2B29.3B30.4B23.5B
Net Debt26.2B26.1B29.5B31.8B35.4B37.2B
Retained Earnings(4.5B)(4.7B)(3.4B)(3.6B)(5.5B)(5.2B)
Cash145M224M207M149M772M717.7M
Non Current Assets Total54.8B55.0B60.5B62.8B64.7B41.9B
Non Currrent Assets Other2.3B2.9B5.4B5.8B4.4B4.2B
Cash And Short Term Investments145M224M207M149M1.8B1.9B
Net Receivables4.1B4.2B4.4B4.6B4.5B2.8B
Common Stock Shares Outstanding901.4M904.4M906.7M912M912.2M826.2M
Liabilities And Stockholders Equity60.3B60.7B66.7B69.3B71.9B48.1B
Non Current Liabilities Total29.0B31.1B34.7B35.3B39.3B21.6B
Other Current Assets190M199M335M324M554M343.5M
Other Stockholder Equity1.2B1.2B1.2B1.2B1.3B1.2B
Total Liab38.8B39.3B43.8B46.8B51.4B29.9B
Property Plant And Equipment Gross27.6B27.5B82.1B83.6B86.8B91.2B
Total Current Assets5.5B5.7B6.2B6.5B7.3B4.5B
Accumulated Other Comprehensive Income161M103M213M(55M)(42M)(44.1M)
Short Term Debt3.9B2.4B2.6B4.1B5.0B2.9B
Intangible Assets13.4B13.1B15.6B16.2B16.6B17.4B
Other Assets2.1B2.9B5.5B4.6B5.2B5.5B
Accounts Payable4.0B3.9B4.5B5.2B3.3B3.4B
Common Stock20.4B20.4B20.7B20.8B20.9B21.9B
Other Liab6.5B7.2B7.7B7.6B8.7B9.1B
Net Tangible Assets(6.9B)(6.7B)(7.5B)(8.8B)(7.9B)(7.5B)
Long Term Debt18.6B23.9B27.0B27.8B31.1B16.3B
Good Will10.7B10.6B10.6B10.9B10.9B8.9B
Common Stock Total Equity20.1B20.0B20.4B20.4B23.4B24.6B
Deferred Long Term Liab368M362M387M603M693.5M728.1M
Short Long Term Debt3.9B2.4B2.6B4.1B3.8B2.3B
Property Plant Equipment27.6B27.5B28.2B29.3B33.6B22.4B
Current Deferred Revenue683M717M799M857M811M768.3M
Long Term Debt Total22.4B23.9B27.0B27.8B32.0B23.5B

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When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the BCE Inc information on this page should be used as a complementary analysis to other BCE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is BCE'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 BCE. If investors know BCE 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 BCE 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
(0.44)
Dividend Share
3.9
Earnings Share
1.42
Revenue Per Share
26.999
Quarterly Revenue Growth
(0.01)
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE'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 BCE's market value can be influenced by many factors that don't directly affect BCE'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 BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE'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.