Banco Other Current Liab vs Long Term Debt Analysis

BCH Stock  USD 22.20  0.06  0.27%   
Banco De financial indicator trend analysis is way more than just evaluating Banco De Chile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco De Chile is a good investment. Please check the relationship between Banco De Other Current Liab and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco De Chile. 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.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco De Chile Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Banco De's Other Current Liab and Long Term Debt is 0.43. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Banco De Chile, assuming nothing else is changed. The correlation between historical values of Banco De's Other Current Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Banco De Chile are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., Banco De's Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Long Term Debt

Long-term debt is a debt that Banco De Chile has held for over one year. Long-term debt appears on Banco De Chile balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Banco De Chile balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Banco De's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco De Chile 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 Banco De Chile. 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.
As of now, Banco De's Selling General Administrative is increasing as compared to previous years. The Banco De's current Enterprise Value is estimated to increase to about 1691.4 T, while Tax Provision is projected to decrease to under 183.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense814.4B1.0T727.0B607.9B
Depreciation And Amortization76.8B84.2B92.3B96.9B

Banco De fundamental ratios Correlations

0.930.430.560.980.920.670.760.820.950.050.670.590.990.90.170.710.510.66-0.281.00.920.930.480.730.88
0.930.70.790.950.880.490.940.890.91-0.270.850.650.960.88-0.170.590.240.87-0.330.920.90.920.530.610.85
0.430.70.980.520.46-0.190.90.790.49-0.860.940.590.510.43-0.780.02-0.410.89-0.310.420.610.60.610.030.33
0.560.790.980.620.6-0.050.940.880.6-0.770.990.710.620.53-0.690.09-0.240.91-0.360.550.730.710.660.110.45
0.980.950.520.620.910.620.820.840.96-0.060.720.530.980.890.070.710.380.71-0.280.980.910.930.470.720.86
0.920.880.460.60.910.590.740.850.90.00.710.70.880.890.10.530.520.66-0.380.920.930.920.460.540.87
0.670.49-0.19-0.050.620.590.20.250.610.580.070.250.630.580.590.750.80.17-0.030.670.460.50.060.750.7
0.760.940.90.940.820.740.20.90.78-0.590.960.640.820.73-0.490.38-0.070.95-0.340.750.820.820.60.40.67
0.820.890.790.880.840.850.250.90.85-0.440.940.780.810.75-0.290.30.150.78-0.450.820.950.930.650.320.66
0.950.910.490.60.960.90.610.780.85-0.050.710.630.930.870.090.620.470.64-0.240.950.90.920.50.630.85
0.05-0.27-0.86-0.77-0.060.00.58-0.59-0.44-0.05-0.67-0.26-0.050.040.960.320.76-0.590.150.06-0.17-0.14-0.410.310.13
0.670.850.940.990.720.710.070.960.940.71-0.670.750.710.63-0.570.18-0.10.92-0.380.670.820.810.680.20.55
0.590.650.590.710.530.70.250.640.780.63-0.260.750.560.59-0.230.030.370.63-0.370.60.750.750.660.040.57
0.990.960.510.620.980.880.630.820.810.93-0.050.710.560.90.050.730.40.73-0.260.980.890.90.480.740.88
0.90.880.430.530.890.890.580.730.750.870.040.630.590.90.090.610.450.66-0.430.90.820.830.270.620.97
0.17-0.17-0.78-0.690.070.10.59-0.49-0.290.090.96-0.57-0.230.050.090.390.76-0.550.140.18-0.010.02-0.280.380.16
0.710.590.020.090.710.530.750.380.30.620.320.180.030.730.610.390.420.320.040.710.460.50.121.00.64
0.510.24-0.41-0.240.380.520.8-0.070.150.470.76-0.10.370.40.450.760.42-0.11-0.010.520.360.40.060.420.56
0.660.870.890.910.710.660.170.950.780.64-0.590.920.630.730.66-0.550.32-0.11-0.260.650.710.730.580.330.62
-0.28-0.33-0.31-0.36-0.28-0.38-0.03-0.34-0.45-0.240.15-0.38-0.37-0.26-0.430.140.04-0.01-0.26-0.28-0.43-0.360.230.04-0.32
1.00.920.420.550.980.920.670.750.820.950.060.670.60.980.90.180.710.520.65-0.280.920.930.480.720.88
0.920.90.610.730.910.930.460.820.950.9-0.170.820.750.890.82-0.010.460.360.71-0.430.920.990.620.480.76
0.930.920.60.710.930.920.50.820.930.92-0.140.810.750.90.830.020.50.40.73-0.360.930.990.630.520.78
0.480.530.610.660.470.460.060.60.650.5-0.410.680.660.480.27-0.280.120.060.580.230.480.620.630.130.23
0.730.610.030.110.720.540.750.40.320.630.310.20.040.740.620.381.00.420.330.040.720.480.520.130.65
0.880.850.330.450.860.870.70.670.660.850.130.550.570.880.970.160.640.560.62-0.320.880.760.780.230.65
Click cells to compare fundamentals

Banco De Account Relationship Matchups

Banco De fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.3T46.1T51.7T55.3T55.8T58.6T
Short Long Term Debt Total10.5T9.3T10.1T10.4T16.4T17.2T
Other Current Liab(3.2T)(2.5T)(3.3T)(3.2T)16.6T17.5T
Total Current Liabilities231.5B273.1B220.4B384.6B24.1T25.3T
Total Stockholder Equity3.5T3.7T4.2T4.9T5.2T5.5T
Other Liab706.5B705.3B1.2T1.1T1.2T1.3T
Property Plant And Equipment Net510.3B422.4B417.0B400.0B310.5B251.7B
Net Debt7.1T5.9T5.5T6.9T18.3T19.2T
Retained Earnings462.7B655.5B1.1T1.8T2.7T2.8T
Accounts Payable231.5B273.1B220.4B384.6B356.9B374.7B
Cash3.5T3.4T4.6T3.5T(1.9T)(1.8T)
Non Current Assets Total3.9T6.3T8.3T9.1T46.3T48.6T
Non Currrent Assets Other(357.8B)(392.9B)(477.3B)(579.3B)1.2T1.2T
Other Assets32.5T35.2T35.6T38.1T43.8T46.0T
Long Term Debt7.7T9.2T10.0T10.3T11.9T12.5T
Cash And Short Term Investments4.8T4.4T7.6T7.5T(1.9T)(1.8T)
Liabilities And Stockholders Equity41.3T46.1T51.7T55.3T55.8T58.6T
Non Current Liabilities Total10.6T9.3T10.2T384.6B26.5T27.8T
Other Stockholder Equity910.4B1.4T8.2B(104.3B)(120.0B)(114.0B)
Total Liab37.7T42.4T47.5T50.4T50.6T53.1T
Property Plant And Equipment Gross510.3B422.4B899.2B934.1B1.1T1.1T
Total Current Assets4.9T4.6T7.8T8.0T9.5T10.0T
Accumulated Other Comprehensive Income646.7B652.0B679.7B639.9B122.0B115.9B
Short Term Debt3.1T2.4T3.2T3.1T7.1T7.4T
Property Plant Equipment370.9B336.8B322.5B317.2B364.7B383.0B
Short Term Investments1.4T1.1T3.1T4.0T4.6T4.8T
Intangible Assets58.3B60.7B72.5B106.6B137.2B144.1B
Net Receivables106.4B120.5B123.3B516.6B594.1B623.8B
Other Current Assets7.9T10.6T11.3T10.9T9.5T13.9T
Inventory(7.9T)(10.6T)(11.3T)(10.9T)(9.8T)(9.3T)
Long Term Investments3.3T5.9T7.8T8.6T9.9T10.4T
Net Tangible Assets3.5T3.7T4.2T4.8T5.5T3.1T
Long Term Debt Total7.9T10.4T11.5T13.1T15.1T8.5T
Capital Lease Obligations146.0B115.0B95.7B89.4B102.8B54.5B
Earning Assets4.5T7.5T9.7T11.9T13.6T14.3T
Net Invested Capital14.3T12.9T14.2T15.2T17.5T14.7T
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 Banco De 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, Banco De's short interest history, or implied volatility extrapolated from Banco De options trading.

Pair Trading with Banco De

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco De position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco De will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banco Stock

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Moving against Banco Stock

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The ability to find closely correlated positions to Banco De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco De when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco De - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco De Chile to buy it.
The correlation of Banco De is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco De moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco De Chile moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco De can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Banco De Chile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco De'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 Banco De Chile Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco De Chile Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco De Chile. 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 Banco De Chile information on this page should be used as a complementary analysis to other Banco De'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Banco De's price analysis, check to measure Banco De'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 Banco De is operating at the current time. Most of Banco De's value examination focuses on studying past and present price action to predict the probability of Banco De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco De's price. Additionally, you may evaluate how the addition of Banco De to your portfolios can decrease your overall portfolio volatility.
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Is Banco De'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 Banco De. If investors know Banco 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 Banco De 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
0.12
Dividend Share
8.077
Earnings Share
2.59
Revenue Per Share
5.4 K
Quarterly Revenue Growth
0.116
The market value of Banco De Chile is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco De's value that differs from its market value or its book value, called intrinsic value, which is Banco De'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 Banco De's market value can be influenced by many factors that don't directly affect Banco De'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 Banco De's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco De is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco De'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.