Bill Tangible Assets Book Value per Share from 2010 to 2024
| BILL Stock | USD 62.42 0.08 0.13% |
Check Bill financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bill main balance sheet or income statement drivers, such as Tax Provision of 763.6 K, Net Interest Income of 91.9 M or Interest Income of 110.2 M, as well as many exotic indicators such as Price To Sales Ratio of 12.78, Dividend Yield of 0.0029 or PTB Ratio of 2.86. Bill financial statements analysis is a perfect complement when working with Bill Valuation or Volatility modules.
Bill | Tangible Assets Book Value per Share |
About Bill Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Bill income statement, its balance sheet, and the statement of cash flows. Bill investors use historical funamental indicators, such as Bill's Tangible Assets Book Value per Share, to determine how well the company is positioned to perform in the future. Although Bill investors may use each financial statement separately, they are all related. The changes in Bill's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bill's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bill Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bill. Please read more on our technical analysis and fundamental analysis pages.
Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide. Bill.com Holdings, Inc. was incorporated in 2006 and is headquartered in San Jose, California. Bill Holdings operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 2269 people.
Pair Trading with Bill
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 Bill 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 Bill will appreciate offsetting losses from the drop in the long position's value.Moving together with Bill Stock
| 0.85 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
Moving against Bill Stock
| 0.77 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
| 0.54 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
| 0.48 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Bill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bill 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 Bill - 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 Bill Com Holdings to buy it.
The correlation of Bill 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 Bill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bill Com Holdings 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 Bill 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.Check out the analysis of Bill Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Bill Stock analysis
When running Bill's price analysis, check to measure Bill'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 Bill is operating at the current time. Most of Bill's value examination focuses on studying past and present price action to predict the probability of Bill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bill's price. Additionally, you may evaluate how the addition of Bill to your portfolios can decrease your overall portfolio volatility.
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Is Bill'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 Bill. If investors know Bill 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 Bill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Revenue Per Share 11.203 | Quarterly Revenue Growth 0.225 | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of Bill Com Holdings is measured differently than its book value, which is the value of Bill that is recorded on the company's balance sheet. Investors also form their own opinion of Bill's value that differs from its market value or its book value, called intrinsic value, which is Bill'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 Bill's market value can be influenced by many factors that don't directly affect Bill'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 Bill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bill'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.