Banco Property Plant and Equipment Net vs Total Assets Analysis

BBD Stock  USD 2.63  0.02  0.75%   
Banco Bradesco financial indicator trend analysis is way more than just evaluating Banco Bradesco SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Bradesco SA is a good investment. Please check the relationship between Banco Bradesco Property Plant And Equipment Net and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Property Plant And Equipment Net vs Total Assets

Property Plant and Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco Bradesco SA Property Plant and Equipment Net account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Banco Bradesco's Property Plant and Equipment Net and Total Assets is 0.69. Overlapping area represents the amount of variation of Property Plant and Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Banco Bradesco SA, assuming nothing else is changed. The correlation between historical values of Banco Bradesco's Property Plant and Equipment Net and Total 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 Property Plant and Equipment Net of Banco Bradesco SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant and Equipment Net i.e., Banco Bradesco's Property Plant and Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Banco Bradesco 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 Banco Bradesco SA 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.
Most indicators from Banco Bradesco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Bradesco SA 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 Bradesco SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Banco Bradesco's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 998.3 B, whereas Tax Provision is projected to grow to (5.1 B).
 2021 2022 2023 2024 (projected)
Gross Profit102.4B106.3B302.8B317.9B
Total Revenue102.4B109.0B302.8B317.9B

Banco Bradesco fundamental ratios Correlations

0.860.060.720.990.910.690.690.11-0.110.850.560.00.930.050.740.970.67-0.550.550.820.820.870.980.6-0.27
0.860.410.880.830.810.40.950.04-0.550.930.86-0.060.93-0.430.690.860.73-0.240.730.620.720.860.790.27-0.17
0.060.410.590.00.02-0.510.560.18-0.70.190.420.230.31-0.63-0.010.060.630.120.85-0.21-0.180.4-0.06-0.570.22
0.720.880.590.660.670.280.83-0.09-0.440.830.79-0.170.82-0.380.690.70.86-0.060.780.580.680.730.650.07-0.22
0.990.830.00.660.920.740.640.16-0.050.830.49-0.020.910.120.690.980.64-0.560.50.830.810.860.990.67-0.24
0.910.810.020.670.920.780.650.32-0.10.840.52-0.180.80.060.690.910.63-0.290.450.830.790.830.930.66-0.04
0.690.4-0.510.280.740.780.150.060.430.550.13-0.290.490.50.580.70.22-0.28-0.10.830.790.420.780.89-0.19
0.690.950.560.830.640.650.150.07-0.770.850.91-0.010.81-0.660.550.70.67-0.120.770.410.520.780.60.05-0.1
0.110.040.18-0.090.160.320.060.07-0.1-0.04-0.290.230.050.14-0.260.160.25-0.170.320.0-0.310.380.150.190.62
-0.11-0.55-0.7-0.44-0.05-0.10.43-0.77-0.1-0.4-0.71-0.09-0.310.94-0.08-0.14-0.33-0.18-0.610.180.07-0.350.010.42-0.11
0.850.930.190.830.830.840.550.85-0.04-0.40.83-0.380.83-0.290.790.860.7-0.160.510.810.840.730.830.37-0.37
0.560.860.420.790.490.520.130.91-0.29-0.710.83-0.210.66-0.720.640.550.490.090.520.390.620.540.47-0.03-0.28
0.0-0.060.23-0.17-0.02-0.18-0.29-0.010.23-0.09-0.38-0.210.1-0.07-0.32-0.07-0.16-0.50.3-0.53-0.390.21-0.09-0.090.43
0.930.930.310.820.910.80.490.810.05-0.310.830.660.1-0.170.640.930.74-0.480.730.660.720.90.880.4-0.22
0.05-0.43-0.63-0.380.120.060.5-0.660.140.94-0.29-0.72-0.07-0.17-0.080.05-0.14-0.35-0.440.310.08-0.150.180.54-0.09
0.740.69-0.010.690.690.690.580.55-0.26-0.080.790.64-0.320.64-0.080.670.49-0.020.260.730.880.450.710.27-0.34
0.970.860.060.70.980.910.70.70.16-0.140.860.55-0.070.930.050.670.67-0.490.540.820.80.860.970.62-0.22
0.670.730.630.860.640.630.220.670.25-0.330.70.49-0.160.74-0.140.490.67-0.220.840.590.450.760.630.08-0.18
-0.55-0.240.12-0.06-0.56-0.29-0.28-0.12-0.17-0.18-0.160.09-0.5-0.48-0.35-0.02-0.49-0.22-0.28-0.28-0.18-0.56-0.54-0.50.3
0.550.730.850.780.50.45-0.10.770.32-0.610.510.520.30.73-0.440.260.540.84-0.280.190.170.80.45-0.130.1
0.820.62-0.210.580.830.830.830.410.00.180.810.39-0.530.660.310.730.820.59-0.280.190.880.560.880.67-0.48
0.820.72-0.180.680.810.790.790.52-0.310.070.840.62-0.390.720.080.880.80.45-0.180.170.880.530.840.57-0.46
0.870.860.40.730.860.830.420.780.38-0.350.730.540.210.9-0.150.450.860.76-0.560.80.560.530.830.40.0
0.980.79-0.060.650.990.930.780.60.150.010.830.47-0.090.880.180.710.970.63-0.540.450.880.840.830.69-0.27
0.60.27-0.570.070.670.660.890.050.190.420.37-0.03-0.090.40.540.270.620.08-0.5-0.130.670.570.40.69-0.19
-0.27-0.170.22-0.22-0.24-0.04-0.19-0.10.62-0.11-0.37-0.280.43-0.22-0.09-0.34-0.22-0.180.30.1-0.48-0.460.0-0.27-0.19
Click cells to compare fundamentals

Banco Bradesco Account Relationship Matchups

Banco Bradesco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4T1.6T1.7T1.8T1.9T2.0T
Short Long Term Debt Total241.2B217.9B238.9B349.2B622.3B653.5B
Other Current Liab(300.9B)(354.0B)(336.6B)160.0B182.2B191.3B
Total Current Liabilities62.2B78.6B2.1B571.5B551.6B579.1B
Total Stockholder Equity135.1B145.6B149.8B158.3B166.3B174.6B
Other Liab355.8B367.0B337.5B411.2B472.8B496.5B
Property Plant And Equipment Net14.7B14.1B13.5B12.0B11.1B7.1B
Net Debt112.9B91.8B110.5B206.2B770.0B808.5B
Accounts Payable10.2B34.2B7.3B44.7B45.1B66.1B
Cash128.3B126.1B128.4B143.0B(147.6B)(140.3B)
Non Current Assets Total681.8B709.4B786.8B810.1B1.6T1.7T
Non Currrent Assets Other(67.4B)(85.0B)(78.7B)(62.0B)1.5T1.6T
Other Assets354.8B559.5B544.4B605.2B696.0B561.9B
Long Term Debt235.5B212.8B234.3B344.6B396.3B416.1B
Cash And Short Term Investments320.8B311.9B321.9B358.6B(147.6B)(140.3B)
Common Stock Shares Outstanding2.1B10.7B11.7B10.7B10.6B11.2B
Short Term Investments192.5B185.8B193.5B215.6B247.9B260.3B
Liabilities And Stockholders Equity1.4T1.6T1.7T1.8T1.9T2.0T
Non Current Liabilities Total242.3B219.2B239.1B1.6T1.2T1.3T
Total Liab242.3B219.2B239.1B1.6T1.8T1.8T
Total Current Assets341.9B335.7B344.4B384.3B293.0B307.7B
Short Term Debt293.2B321.4B331.4B333.7B324.3B340.5B
Intangible Assets9.4B7.6B8.9B12.3B14.1B14.8B
Common Stock75.2B79.2B83.2B87.2B87.1B91.5B
Property Plant Equipment14.7B14.1B9.0B7.9B9.1B5.2B
Retained Earnings475.6M(234.1M)992.5M1.2B1.1B1.1B
Inventory(553.2B)(700.1B)(211.8B)(225.8B)(203.2B)(213.4B)
Accumulated Other Comprehensive Income59.9B67.1B66.3B70.1B79.2B83.1B
Good Will5.3B7.1B6.0B6.5B6.6B6.9B
Other Current Assets553.2B700.1B211.8B225.8B293.0B367.3B
Property Plant And Equipment Gross25.3B14.1B27.7B28.2B32.4B34.0B
Net Receivables21.2B23.8B22.5B25.8B23.2B23.1B
Net Tangible Assets124.9B134.6B139.3B143.0B164.5B172.7B
Current Deferred Revenue59.6B77.0B31K33.1B38.1B27.2B
Long Term Debt Total276.5B250.1B274.6B84.9B97.6B92.7B
Capital Lease Obligations5.7B5.1B4.7B4.6B5.3B5.6B
Deferred Long Term Liab984.0M1.0B1.2B1.3B1.5B771.7M
Long Term Investments652.4B680.7B758.3B779.3B896.2B941.0B

Pair Trading with Banco Bradesco

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 Bradesco 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 Bradesco 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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  0.6KB KB Financial Group Earnings Call This WeekPairCorr
  0.55TECTP Tectonic FinancialPairCorr
  0.55TFC-PI Truist FinancialPairCorr
  0.55CFG-PD Citizens FinancialPairCorr
The ability to find closely correlated positions to Banco Bradesco 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 Bradesco 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 Bradesco - 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 Bradesco SA to buy it.
The correlation of Banco Bradesco 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 Bradesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Bradesco SA 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 Bradesco 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 Bradesco SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Bradesco'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 Bradesco Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Bradesco Sa Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Banco Bradesco SA information on this page should be used as a complementary analysis to other Banco Bradesco'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Banco Bradesco'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 Bradesco. 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 Bradesco 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
1.512
Earnings Share
0.24
Revenue Per Share
6.423
Quarterly Revenue Growth
0.301
Return On Assets
0.0078
The market value of Banco Bradesco SA 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 Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco'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 Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco'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 Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bradesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco'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.