Berkshire Price to Earnings Ratio vs Total Assets Analysis

BHLB Stock  USD 22.79  0.80  3.64%   
Trend analysis of Berkshire Hills Bancorp balance sheet accounts such as Short Long Term Debt Total of 586 M, Total Current Liabilities of 10 B or Total Stockholder Equity of 726.3 M provides information on Berkshire Hills' total assets, liabilities, and equity, which is the actual value of Berkshire Hills Bancorp to its prevalent stockholders. By breaking down trends over time using Berkshire Hills balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. 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 economic analysis.

About Berkshire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Berkshire Hills Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Berkshire Hills Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Berkshire Hills and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Berkshire currently owns. An asset can also be divided into two categories, current and non-current.

Berkshire Hills Balance Sheet Chart

Berkshire Hills Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Berkshire Hills Bancorp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Berkshire Hills' Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 10 B, whereas Total Assets are forecasted to decline to about 6.4 B.

Total Assets

Total assets refers to the total amount of Berkshire Hills 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 Berkshire Hills Bancorp 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.

Total Current Liabilities

Total Current Liabilities is an item on Berkshire Hills balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Berkshire Hills Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Berkshire Hills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hills Bancorp 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 Berkshire Hills Bancorp. 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 economic analysis.
The current year's Enterprise Value Multiple is expected to grow to 95.83, whereas Selling General Administrative is forecasted to decline to about 94.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense37.9M42.7M48.3M53.2M
Depreciation And Amortization16.2M14.7M13.3M13.9M

Berkshire Hills fundamental ratios Correlations

0.250.070.90.880.1-0.070.120.340.060.650.780.980.240.10.430.890.680.240.030.58-0.450.620.60.190.81
0.250.00.470.470.80.66-0.13-0.1-0.130.02-0.050.140.010.79-0.030.18-0.310.780.93-0.160.40.830.270.770.03
0.070.0-0.070.08-0.59-0.230.990.930.99-0.520.50.00.93-0.230.350.40.36-0.340.02-0.14-0.240.07-0.04-0.350.54
0.90.47-0.070.860.360.3-0.050.16-0.10.590.580.870.160.320.30.780.430.450.190.44-0.350.720.740.550.65
0.880.470.080.860.290.120.090.270.040.50.570.840.260.280.430.750.460.380.230.52-0.150.630.60.40.66
0.10.8-0.590.360.290.67-0.69-0.65-0.690.29-0.380.05-0.560.78-0.27-0.15-0.510.830.75-0.080.50.60.20.82-0.34
-0.070.66-0.230.30.120.67-0.32-0.4-0.3-0.26-0.42-0.16-0.170.57-0.22-0.21-0.490.530.58-0.560.340.470.240.92-0.32
0.12-0.130.99-0.050.09-0.69-0.320.961.0-0.460.580.080.94-0.340.40.460.47-0.43-0.13-0.07-0.350.0-0.01-0.430.61
0.34-0.10.930.160.27-0.65-0.40.960.94-0.210.750.310.93-0.330.470.660.62-0.37-0.150.16-0.450.110.13-0.420.78
0.06-0.130.99-0.10.04-0.69-0.31.00.94-0.510.530.010.94-0.340.370.40.41-0.44-0.12-0.1-0.32-0.03-0.03-0.430.55
0.650.02-0.520.590.50.29-0.26-0.46-0.21-0.510.360.73-0.390.050.080.470.410.25-0.090.73-0.240.260.330.050.35
0.78-0.050.50.580.57-0.38-0.420.580.750.530.360.770.62-0.190.60.940.84-0.11-0.210.53-0.660.370.47-0.250.97
0.980.140.00.870.840.05-0.160.080.310.010.730.770.180.010.360.870.720.17-0.070.64-0.510.510.570.10.8
0.240.010.930.160.26-0.56-0.170.940.930.94-0.390.620.18-0.270.50.550.42-0.35-0.110.02-0.40.10.3-0.220.65
0.10.79-0.230.320.280.780.57-0.34-0.33-0.340.05-0.190.01-0.27-0.34-0.04-0.480.980.78-0.040.370.650.070.71-0.17
0.43-0.030.350.30.43-0.27-0.220.40.470.370.080.60.360.5-0.340.550.53-0.3-0.230.32-0.180.150.46-0.090.57
0.890.180.40.780.75-0.15-0.210.460.660.40.470.940.870.55-0.040.550.810.06-0.020.5-0.540.540.550.00.97
0.68-0.310.360.430.46-0.51-0.490.470.620.410.410.840.720.42-0.480.530.81-0.36-0.390.41-0.570.110.19-0.390.87
0.240.78-0.340.450.380.830.53-0.43-0.37-0.440.25-0.110.17-0.350.98-0.30.06-0.360.760.080.310.720.130.72-0.09
0.030.930.020.190.230.750.58-0.13-0.15-0.12-0.09-0.21-0.07-0.110.78-0.23-0.02-0.390.76-0.310.560.73-0.10.6-0.14
0.58-0.16-0.140.440.52-0.08-0.56-0.070.16-0.10.730.530.640.02-0.040.320.50.410.08-0.31-0.330.050.39-0.210.48
-0.450.4-0.24-0.35-0.150.50.34-0.35-0.45-0.32-0.24-0.66-0.51-0.40.37-0.18-0.54-0.570.310.56-0.33-0.02-0.450.3-0.58
0.620.830.070.720.630.60.470.00.11-0.030.260.370.510.10.650.150.540.110.720.730.05-0.020.390.620.39
0.60.27-0.040.740.60.20.24-0.010.13-0.030.330.470.570.30.070.460.550.190.13-0.10.39-0.450.390.450.45
0.190.77-0.350.550.40.820.92-0.43-0.42-0.430.05-0.250.1-0.220.71-0.090.0-0.390.720.6-0.210.30.620.45-0.15
0.810.030.540.650.66-0.34-0.320.610.780.550.350.970.80.65-0.170.570.970.87-0.09-0.140.48-0.580.390.45-0.15
Click cells to compare fundamentals

Berkshire Hills Account Relationship Matchups

Berkshire Hills fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.2B12.8B11.6B11.7B12.4B6.4B
Short Long Term Debt Total827.6M571.6M110.8M125.5M568.3M586.0M
Total Current Liabilities136.6M43.9M775K1.6M9.6B10.0B
Total Stockholder Equity1.8B1.2B1.2B954.1M1.0B726.3M
Property Plant And Equipment Net120.4M112.7M94.4M85.2M116.3M67.5M
Net Debt722.1M480.4M1.5M(19.8M)(635.0M)(603.2M)
Retained Earnings361.1M(233.3M)(139.4M)(71.4M)(33.1M)(31.5M)
Cash105.4M91.2M109.4M145.3M1.2B1.3B
Non Current Assets Total2.9B3.8B4.2B2.8B11.1B11.7B
Non Currrent Assets Other(51.2M)(80.7M)(69.8M)(2.3M)9.7B10.2B
Cash And Short Term Investments1.9B3.3B3.5B2.1B(148.1M)(140.7M)
Net Receivables60.2M87.7M64.1M81.3M86.7M91.0M
Common Stock Shares Outstanding49.4M50.3M49.6M45.9M43.5M25.3M
Liabilities And Stockholders Equity13.2B12.8B11.6B11.7B12.4B6.4B
Non Current Liabilities Total827.6M571.6M110.8M1.6M1.9B2.0B
Other Current Assets652.6M2.0B1.7B776.6M1.3B1.2B
Other Stockholder Equity1.3B1.4B142.6M1.2B1.2B1.3B
Total Liab11.5B11.7B10.4B10.7B11.4B12.0B
Property Plant And Equipment Gross196.7M172.7M235.4M298.5M213.7M224.4M
Total Current Assets1.9B3.3B3.6B2.2B1.3B1.2B
Accumulated Other Comprehensive Income12.0M30.9M(3.2M)(181.1M)(153.1M)(145.5M)
Short Term Debt125M40M14.8M10.8M270.6M361.2M
Other Liab82.7M232.7M192.7M88.6M101.9M70.5M
Accounts Payable11.6M3.9M775K1.6M12.4M11.7M
Other Assets8.4B5.7B3.8B6.7B7.7B5.4B
Long Term Debt702.6M571.6M110.8M125.5M246.6M256.8M
Good Will553.8M0.0(16.0M)(13.0M)(15.0M)(14.3M)
Short Term Investments1.8B3.2B3.4B2.0B1.0B944.1M
Inventory(652.6M)(2.0B)(1.7B)(776.6M)61.5M64.6M
Intangible Assets45.6M34.8M45.6M37.5M31.8M22.9M
Common Stock1.5B517K528K1.2B607.2K576.8K
Property Plant Equipment121.5M112.8M94.4M85.2M98.0M67.7M
Treasury Stock(22.0M)(69.6M)(31.3M)(89.9M)(80.9M)(76.8M)
Other Current Liab(136.6M)(43.9M)(775K)(1.6M)9.3B9.7B
Net Tangible Assets1.1B1.2B1.2B929.6M1.1B824.9M
Retained Earnings Total Equity361.1M(233.3M)(139.4M)(71.4M)(64.3M)(61.1M)
Capital Surpluse1.4B1.4B1.4B1.4B1.6B1.1B
Long Term Investments11.2B2.2B4.1B2.6B1.6B1.5B

Pair Trading with Berkshire Hills

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 Berkshire Hills 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 Berkshire Hills will appreciate offsetting losses from the drop in the long position's value.

Moving together with Berkshire Stock

  0.93MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.87MBWM Mercantile Bank Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Berkshire Stock

  0.82NU Nu Holdings Financial Report 20th of May 2024 PairCorr
  0.8WF Woori Financial Group Financial Report 21st of May 2024 PairCorr
  0.79KB KB Financial Group Financial Report 20th of May 2024 PairCorr
  0.73RF-PB Regions FinancialPairCorr
  0.71MFBP MF BancorpPairCorr
The ability to find closely correlated positions to Berkshire Hills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hills 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 Berkshire Hills - 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 Berkshire Hills Bancorp to buy it.
The correlation of Berkshire Hills 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 Berkshire Hills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hills Bancorp 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 Berkshire Hills 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 Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' 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 Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. 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 economic analysis.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Berkshire Stock analysis

When running Berkshire Hills' price analysis, check to measure Berkshire Hills' 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 Berkshire Hills is operating at the current time. Most of Berkshire Hills' value examination focuses on studying past and present price action to predict the probability of Berkshire Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hills' price. Additionally, you may evaluate how the addition of Berkshire Hills to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Stocks Directory
Find actively traded stocks across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is Berkshire Hills' 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 Berkshire Hills. If investors know Berkshire 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 Berkshire Hills 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
0.075
Dividend Share
0.72
Earnings Share
1.6
Revenue Per Share
8.774
Quarterly Revenue Growth
(0.31)
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' 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 Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' 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 Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' 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.