Berkshire Total Liab vs Capital Surpluse Analysis
BHLB Stock | USD 22.10 0.24 1.07% |
Berkshire Hills financial indicator trend analysis is way more than just evaluating Berkshire Hills Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hills Bancorp is a good investment. Please check the relationship between Berkshire Hills Total Liab and its Capital Surpluse accounts. 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.
Total Liab vs Capital Surpluse
Total Liab vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hills Bancorp Total Liab account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Berkshire Hills' Total Liab and Capital Surpluse is 0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Berkshire Hills Bancorp, assuming nothing else is changed. The correlation between historical values of Berkshire Hills' Total Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Berkshire Hills Bancorp are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Liab i.e., Berkshire Hills' Total Liab and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Capital Surpluse
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. At present, Berkshire Hills' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA 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 Expense | 37.9M | 42.7M | 48.3M | 53.2M | Depreciation And Amortization | 16.2M | 14.7M | 13.3M | 13.9M |
Berkshire Hills fundamental ratios Correlations
Click cells to compare fundamentals
Berkshire Hills Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hills fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.2B | 12.8B | 11.6B | 11.7B | 12.4B | 6.4B | |
Short Long Term Debt Total | 827.6M | 571.6M | 110.8M | 125.5M | 568.3M | 586.0M | |
Total Current Liabilities | 136.6M | 43.9M | 775K | 1.6M | 9.6B | 10.0B | |
Total Stockholder Equity | 1.8B | 1.2B | 1.2B | 954.1M | 1.0B | 726.3M | |
Property Plant And Equipment Net | 120.4M | 112.7M | 94.4M | 85.2M | 116.3M | 67.5M | |
Net Debt | 722.1M | 480.4M | 1.5M | (19.8M) | (635.0M) | (603.2M) | |
Retained Earnings | 361.1M | (233.3M) | (139.4M) | (71.4M) | (33.1M) | (31.5M) | |
Cash | 105.4M | 91.2M | 109.4M | 145.3M | 1.2B | 1.3B | |
Non Current Assets Total | 2.9B | 3.8B | 4.2B | 2.8B | 11.1B | 11.7B | |
Non Currrent Assets Other | (51.2M) | (80.7M) | (69.8M) | (2.3M) | 9.7B | 10.2B | |
Cash And Short Term Investments | 1.9B | 3.3B | 3.5B | 2.1B | (148.1M) | (140.7M) | |
Net Receivables | 60.2M | 87.7M | 64.1M | 81.3M | 86.7M | 91.0M | |
Common Stock Shares Outstanding | 49.4M | 50.3M | 49.6M | 45.9M | 43.5M | 25.3M | |
Liabilities And Stockholders Equity | 13.2B | 12.8B | 11.6B | 11.7B | 12.4B | 6.4B | |
Non Current Liabilities Total | 827.6M | 571.6M | 110.8M | 1.6M | 1.9B | 2.0B | |
Other Current Assets | 652.6M | 2.0B | 1.7B | 776.6M | 1.3B | 1.2B | |
Other Stockholder Equity | 1.3B | 1.4B | 142.6M | 1.2B | 1.2B | 1.3B | |
Total Liab | 11.5B | 11.7B | 10.4B | 10.7B | 11.4B | 12.0B | |
Property Plant And Equipment Gross | 196.7M | 172.7M | 235.4M | 298.5M | 213.7M | 224.4M | |
Total Current Assets | 1.9B | 3.3B | 3.6B | 2.2B | 1.3B | 1.2B | |
Accumulated Other Comprehensive Income | 12.0M | 30.9M | (3.2M) | (181.1M) | (153.1M) | (145.5M) | |
Short Term Debt | 125M | 40M | 14.8M | 10.8M | 270.6M | 361.2M | |
Other Liab | 82.7M | 232.7M | 192.7M | 88.6M | 101.9M | 70.5M | |
Accounts Payable | 11.6M | 3.9M | 775K | 1.6M | 12.4M | 11.7M | |
Other Assets | 8.4B | 5.7B | 3.8B | 6.7B | 7.7B | 5.4B | |
Long Term Debt | 702.6M | 571.6M | 110.8M | 125.5M | 246.6M | 256.8M | |
Good Will | 553.8M | 0.0 | (16.0M) | (13.0M) | (15.0M) | (14.3M) | |
Short Term Investments | 1.8B | 3.2B | 3.4B | 2.0B | 1.0B | 944.1M | |
Inventory | (652.6M) | (2.0B) | (1.7B) | (776.6M) | 61.5M | 64.6M | |
Intangible Assets | 45.6M | 34.8M | 45.6M | 37.5M | 31.8M | 22.9M | |
Common Stock | 1.5B | 517K | 528K | 1.2B | 607.2K | 576.8K | |
Property Plant Equipment | 121.5M | 112.8M | 94.4M | 85.2M | 98.0M | 67.7M | |
Treasury Stock | (22.0M) | (69.6M) | (31.3M) | (89.9M) | (80.9M) | (76.8M) | |
Other Current Liab | (136.6M) | (43.9M) | (775K) | (1.6M) | 9.3B | 9.7B | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 929.6M | 1.1B | 824.9M | |
Retained Earnings Total Equity | 361.1M | (233.3M) | (139.4M) | (71.4M) | (64.3M) | (61.1M) | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.1B | |
Long Term Investments | 11.2B | 2.2B | 4.1B | 2.6B | 1.6B | 1.5B |
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
0.87 | AX | Axos Financial Earnings Call Tomorrow | PairCorr |
0.88 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Berkshire Stock
0.54 | NU | Nu Holdings Aggressive Push | PairCorr |
0.54 | TECTP | Tectonic Financial | PairCorr |
0.45 | CFG-PD | Citizens Financial | PairCorr |
0.43 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
0.41 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
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.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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
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 0.5 | Revenue Per Share 7.53 | Quarterly Revenue Growth (0.53) |
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.