Benchmark Current Deferred Revenue vs Non Current Assets Total Analysis

BHE Stock

USD 40.09 0.07 0.17%

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

For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.

Current Deferred Revenue vs Non Current Assets Total

Current Deferred Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Benchmark Electronics Current Deferred Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Benchmark Electronics' Current Deferred Revenue and Non Current Assets Total is 0.76. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Benchmark Electronics, assuming nothing else is changed. The correlation between historical values of Benchmark Electronics' Current Deferred Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Benchmark Electronics are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Current Deferred Revenue i.e., Benchmark Electronics' Current Deferred Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Benchmark Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Benchmark Electronics 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 Benchmark Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.At present, Benchmark Electronics' Enterprise Value Multiple 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 789.3 M, whereas Selling General Administrative is forecasted to decline to about 78 M.

	2021	2022	2023	2024 (projected)
Gross Profit	205.9M	255.2M	271.1M	146.8M
Total Revenue	2.3B	2.9B	5.4B	5.7B

Gross Profit Total Revenue

Benchmark Electronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Net Debt	Accounts Payable	Non Currrent Assets Other	Other Current Assets	Current Deferred Revenue	Good Will	Common Stock Total Equity	Short Term Debt
Total Assets		0.45	0.67	0.68	0.84	0.6	0.86	0.59	0.72	0.59	0.91	0.47	0.5	0.62	0.76	0.62	0.25	0.98	-0.12	0.9	0.13	0.3	0.49	0.66	0.54	0.35
Short Long Term Debt Total	0.45		0.7	0.82	0.05	0.81	0.12	-0.01	0.86	0.01	0.32	-0.19	0.99	0.79	-0.02	0.93	0.81	0.35	0.67	0.39	0.68	-0.15	0.86	0.56	-0.11	0.77
Other Current Liab	0.67	0.7		0.87	0.36	0.91	0.36	0.18	0.91	0.19	0.65	0.14	0.78	0.68	0.35	0.86	0.61	0.58	0.34	0.71	0.39	0.09	0.69	0.59	0.19	0.49
Total Current Liabilities	0.68	0.82	0.87		0.32	0.94	0.31	0.07	0.89	0.08	0.67	0.13	0.85	0.9	0.33	0.97	0.74	0.62	0.49	0.77	0.53	0.16	0.9	0.49	0.2	0.49
Total Stockholder Equity	0.84	0.05	0.36	0.32		0.28	0.97	0.79	0.42	0.79	0.75	0.83	0.08	0.36	0.96	0.22	-0.01	0.9	-0.55	0.69	-0.04	0.41	0.17	0.42	0.86	0.19
Property Plant And Equipment Net	0.6	0.81	0.91	0.94	0.28		0.25	0.0	0.91	0.01	0.61	0.12	0.83	0.86	0.3	0.92	0.83	0.52	0.54	0.62	0.55	0.13	0.88	0.42	0.2	0.52
Retained Earnings	0.86	0.12	0.36	0.31	0.97	0.25		0.84	0.45	0.84	0.73	0.69	0.15	0.32	0.86	0.24	-0.03	0.9	-0.53	0.69	-0.04	0.22	0.13	0.57	0.73	0.28
Cash	0.59	-0.01	0.18	0.07	0.79	0.0	0.84		0.28	1.0	0.34	0.6	0.04	0.01	0.68	0.06	-0.17	0.64	-0.74	0.43	0.05	0.06	-0.14	0.53	0.6	0.39
Non Current Assets Total	0.72	0.86	0.91	0.89	0.42	0.91	0.45	0.28		0.29	0.61	0.15	0.9	0.77	0.36	0.93	0.68	0.63	0.37	0.69	0.51	0.03	0.76	0.73	0.21	0.68
Cash And Short Term Investments	0.59	0.01	0.19	0.08	0.79	0.01	0.84	1.0	0.29		0.33	0.6	0.05	0.02	0.68	0.07	-0.15	0.63	-0.73	0.43	0.07	0.06	-0.12	0.53	0.61	0.41
Net Receivables	0.91	0.32	0.65	0.67	0.75	0.61	0.73	0.34	0.61	0.33		0.48	0.37	0.62	0.73	0.55	0.24	0.9	-0.01	0.9	0.02	0.33	0.51	0.45	0.53	0.09
Common Stock Shares Outstanding	0.47	-0.19	0.14	0.13	0.83	0.12	0.69	0.6	0.15	0.6	0.48		-0.19	0.25	0.92	-0.02	-0.02	0.59	-0.58	0.41	-0.01	0.61	0.08	-0.01	0.99	0.02
Non Current Liabilities Total	0.5	0.99	0.78	0.85	0.08	0.83	0.15	0.04	0.9	0.05	0.37	-0.19		0.76	0.01	0.96	0.77	0.39	0.63	0.47	0.64	-0.14	0.83	0.62	-0.11	0.76
Inventory	0.62	0.79	0.68	0.9	0.36	0.86	0.32	0.01	0.77	0.02	0.62	0.25	0.76		0.39	0.87	0.76	0.61	0.52	0.62	0.51	0.3	0.96	0.29	0.34	0.46
Other Stockholder Equity	0.76	-0.02	0.35	0.33	0.96	0.3	0.86	0.68	0.36	0.68	0.73	0.92	0.01	0.39		0.18	0.02	0.84	-0.51	0.66	-0.04	0.59	0.2	0.24	0.94	0.08
Total Liab	0.62	0.93	0.86	0.97	0.22	0.92	0.24	0.06	0.93	0.07	0.55	-0.02	0.96	0.87	0.18		0.78	0.53	0.58	0.65	0.61	0.02	0.9	0.57	0.05	0.64
Property Plant And Equipment Gross	0.25	0.81	0.61	0.74	-0.01	0.83	-0.03	-0.17	0.68	-0.15	0.24	-0.02	0.77	0.76	0.02	0.78		0.2	0.65	0.23	0.86	0.04	0.87	0.1	0.07	0.68
Total Current Assets	0.98	0.35	0.58	0.62	0.9	0.52	0.9	0.64	0.63	0.63	0.9	0.59	0.39	0.61	0.84	0.53	0.2		-0.22	0.89	0.1	0.37	0.45	0.55	0.65	0.29
Net Debt	-0.12	0.67	0.34	0.49	-0.55	0.54	-0.53	-0.74	0.37	-0.73	-0.01	-0.58	0.63	0.52	-0.51	0.58	0.65	-0.22		-0.05	0.4	-0.14	0.67	0.0	-0.52	0.22
Accounts Payable	0.9	0.39	0.71	0.77	0.69	0.62	0.69	0.43	0.69	0.43	0.9	0.41	0.47	0.62	0.66	0.65	0.23	0.89	-0.05		0.12	0.32	0.5	0.57	0.44	0.17
Non Currrent Assets Other	0.13	0.68	0.39	0.53	-0.04	0.55	-0.04	0.05	0.51	0.07	0.02	-0.01	0.64	0.51	-0.04	0.61	0.86	0.1	0.4	0.12		0.0	0.65	0.07	0.06	0.79
Other Current Assets	0.3	-0.15	0.09	0.16	0.41	0.13	0.22	0.06	0.03	0.06	0.33	0.61	-0.14	0.3	0.59	0.02	0.04	0.37	-0.14	0.32	0.0		0.18	-0.3	0.63	-0.18
Current Deferred Revenue	0.49	0.86	0.69	0.9	0.17	0.88	0.13	-0.14	0.76	-0.12	0.51	0.08	0.83	0.96	0.2	0.9	0.87	0.45	0.67	0.5	0.65	0.18		0.23	0.17	0.52
Good Will	0.66	0.56	0.59	0.49	0.42	0.42	0.57	0.53	0.73	0.53	0.45	-0.01	0.62	0.29	0.24	0.57	0.1	0.55	0.0	0.57	0.07	-0.3	0.23		0.0	0.51
Common Stock Total Equity	0.54	-0.11	0.19	0.2	0.86	0.2	0.73	0.6	0.21	0.61	0.53	0.99	-0.11	0.34	0.94	0.05	0.07	0.65	-0.52	0.44	0.06	0.63	0.17	0.0		0.09
Short Term Debt	0.35	0.77	0.49	0.49	0.19	0.52	0.28	0.39	0.68	0.41	0.09	0.02	0.76	0.46	0.08	0.64	0.68	0.29	0.22	0.17	0.79	-0.18	0.52	0.51	0.09

Click cells to compare fundamentals

Benchmark Electronics Account Relationship Matchups

Benchmark Electronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.7B	1.9B	2.2B	2.3B	1.2B
Short Long Term Debt Total	215.6M	212.3M	221.2M	411.6M	469.8M	493.3M
Other Current Liab	147.4M	105.6M	108.7M	122.7M	121.4M	127.5M
Total Current Liabilities	459.2M	481.1M	654.4M	749.1M	713.5M	749.2M
Total Stockholder Equity	1.0B	989.6M	973.8M	1.0B	1.1B	782.8M
Property Plant And Equipment Net	282.7M	265.2M	285.8M	304.6M	358.5M	376.5M
Retained Earnings	515.9M	492.2M	480.0M	519.9M	560.5M	333.9M
Cash	364.0M	390.8M	271.7M	207.4M	283.2M	246.4M
Non Current Assets Total	564.8M	541.9M	555.7M	575.2M	639.0M	671.0M
Cash And Short Term Investments	364.0M	390.8M	271.7M	207.4M	283.2M	269.7M
Net Receivables	485.5M	452.1M	511.1M	675.6M	624.4M	339.3M
Common Stock Shares Outstanding	38.8M	36.8M	36.1M	35.7M	36.0M	46.7M
Liabilities And Stockholders Equity	1.8B	1.7B	1.9B	2.2B	2.3B	1.2B
Non Current Liabilities Total	285.8M	273.5M	275.7M	451.8M	482.1M	506.2M
Inventory	315.0M	327.4M	523.2M	727.7M	683.8M	718.0M
Other Stockholder Equity	512.0M	510.4M	507.4M	519.2M	528.8M	453.6M
Total Liab	745.0M	754.6M	930.1M	1.2B	1.2B	1.3B
Property Plant And Equipment Gross	282.7M	265.2M	285.8M	304.6M	864.9M	908.1M
Total Current Assets	1.2B	1.2B	1.3B	1.7B	1.6B	938.1M
Accumulated Other Comprehensive Income	(16.8M)	(16.7M)	(17.2M)	(16.2M)	(13.9M)	(14.6M)
Net Debt	(148.3M)	(178.5M)	(50.6M)	204.2M	186.6M	195.9M
Accounts Payable	303.0M	282.2M	426.6M	424.3M	367.5M	249.3M
Non Currrent Assets Other	8.9M	9.6M	7.6M	(12.2M)	280.5M	294.5M
Other Current Assets	30.7M	26.9M	42.0M	41.4M	44.4M	32.3M
Good Will	282.1M	276.6M	269.9M	270.6M	192.1M	169.5M
Common Stock Total Equity	3.7M	3.6M	3.5M	3.5M	4.0M	4.5M
Short Term Debt	8.8M	9.2M	985K	4.3M	19.8M	20.8M
Common Stock	3.7M	3.6M	3.5M	3.5M	3.6M	4.5M
Other Liab	79.0M	70.3M	55.5M	44.4M	51.1M	32.2M
Other Assets	11.9M	12.1M	12.8M	8.1M	7.3M	6.9M
Long Term Debt	138.9M	131.1M	129.3M	320.7M	326.7M	343.0M
Intangible Assets	75.8M	70.0M	64.2M	58.2M	51.0M	69.9M
Property Plant Equipment	205.8M	185.3M	285.8M	304.6M	350.2M	367.8M
Net Tangible Assets	890.6M	869.6M	703.9M	921.0M	828.9M	821.6M
Retained Earnings Total Equity	515.9M	492.2M	480.0M	519.9M	597.9M	524.1M
Long Term Debt Total	138.9M	131.1M	129.3M	320.7M	368.8M	387.2M
Capital Surpluse	512.0M	510.4M	507.4M	519.2M	467.3M	473.9M
Capital Lease Obligations	67.9M	72.1M	90.9M	86.7M	123.4M	92.2M

Pair Trading with Benchmark Electronics

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 Benchmark Electronics 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 Benchmark Electronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Benchmark Stock

0.62

Knowles Cor

Pair Corr

Moving against Benchmark Stock

0.73	CDW	CDW Corp	Pair Corr
0.72	JNPR	Juniper Networks	Pair Corr
0.45	JBL	Jabil Circuit Financial Report 20th of June 2024	Pair Corr

The ability to find closely correlated positions to Benchmark Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Benchmark Electronics 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 Benchmark Electronics - 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 Benchmark Electronics to buy it.

The correlation of Benchmark Electronics 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 Benchmark Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Benchmark Electronics 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 Benchmark Electronics 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 Correlation Correlation Matching

When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' 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 Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:

How To Invest In Benchmark

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Is Benchmark Stock a good investment?

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What is Benchmark Electronics' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.

Note that the Benchmark Electronics information on this page should be used as a complementary analysis to other Benchmark Electronics' 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Benchmark Stock analysis

When running Benchmark Electronics' price analysis, check to measure Benchmark Electronics' 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 Benchmark Electronics is operating at the current time. Most of Benchmark Electronics' value examination focuses on studying past and present price action to predict the probability of Benchmark Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benchmark Electronics' price. Additionally, you may evaluate how the addition of Benchmark Electronics to your portfolios can decrease your overall portfolio volatility.

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Is Benchmark Electronics' 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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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

0.086

Dividend Share

0.66

Earnings Share

1.82

Revenue Per Share

79.022

Quarterly Revenue Growth

(0.03)

The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.

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Benchmark Current Deferred Revenue vs Non Current Assets Total Analysis

Current Deferred Revenue vs Non Current Assets Total

Current Deferred Revenue vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Non Current Assets Total

Benchmark Electronics fundamental ratios Correlations

Benchmark Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Benchmark Electronics fundamental ratios Accounts

Pair Trading with Benchmark Electronics

Moving together with Benchmark Stock

Moving against Benchmark Stock

Complementary Tools for Benchmark Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Retained Earnings	+ 0.97	Total Stockholder Equity

Net Debt	- 0.74	Cash
Net Debt	- 0.73	Cash And Short Term Investments
Net Debt	- 0.58	Common Stock Shares Outstanding
Net Debt	- 0.55	Total Stockholder Equity
Net Debt	- 0.53	Retained Earnings
Common Stock Total Equity	- 0.52	Net Debt