Foreign Total Assets vs Other Assets Analysis

BLX Stock

USD 29.58 0.62 2.14%

Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Total Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. 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 Assets vs Other Assets

Total Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foreign Trade Bank Total Assets account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Foreign Trade's Total Assets and Other Assets is 0.49. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Total Assets and Other 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 Total Assets of Foreign Trade Bank are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Foreign Trade's Total Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Foreign Trade 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 Foreign Trade Bank 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.

Other Assets

Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade Bank 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 Foreign Trade Bank. 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.

Selling General Administrative is likely to rise to about 50.7 M in 2024, whereas Discontinued Operations is likely to drop (3.8 K) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	54.1M	184.6M	219.8M	110.3M
Depreciation And Amortization	3.5M	2.7M	3.1M	2.5M

Interest Expense Depreciation And Amortization

Foreign Trade fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Common Stock Total Equity	Common Stock	Other Liab	Long Term Debt
Total Assets		0.85	0.35	0.85	0.53	0.67	0.84	0.34	0.63	0.32	-0.28	0.49	0.68	0.81	0.68	0.36	-0.47	1.0	0.49	0.2	0.63	-0.45	0.86	0.84	-0.48	0.51
Short Long Term Debt Total	0.85		0.17	0.58	0.39	0.95	0.6	0.69	0.47	0.2	-0.42	0.44	0.54	0.91	0.44	0.07	-0.42	0.86	0.42	0.09	0.75	-0.51	0.58	0.58	-0.31	0.52
Total Current Liabilities	0.35	0.17		0.13	-0.2	0.07	0.19	-0.5	0.53	0.54	0.58	0.13	0.66	0.19	0.21	0.61	-0.25	0.37	0.15	0.17	0.62	0.4	0.31	0.35	-0.04	0.11
Total Stockholder Equity	0.85	0.58	0.13		0.58	0.39	0.93	0.28	0.55	0.19	-0.3	0.36	0.56	0.59	0.86	0.32	-0.51	0.82	0.41	0.36	0.29	-0.54	0.92	0.91	-0.72	0.38
Property Plant And Equipment Net	0.53	0.39	-0.2	0.58		0.3	0.4	0.25	0.29	0.19	-0.59	0.49	0.27	0.35	0.38	0.33	-0.43	0.52	0.72	-0.41	-0.03	-0.68	0.49	0.48	-0.43	0.52
Net Debt	0.67	0.95	0.07	0.39	0.3		0.45	0.73	0.25	0.11	-0.41	0.31	0.34	0.83	0.32	-0.08	-0.36	0.69	0.34	-0.06	0.72	-0.49	0.42	0.42	-0.12	0.44
Retained Earnings	0.84	0.6	0.19	0.93	0.4	0.45		0.23	0.39	0.13	-0.18	0.21	0.42	0.61	0.8	0.22	-0.46	0.81	0.26	0.44	0.38	-0.4	0.88	0.86	-0.57	0.27
Accounts Payable	0.34	0.69	-0.5	0.28	0.25	0.73	0.23		0.02	-0.3	-0.67	0.22	0.01	0.57	0.17	-0.49	-0.2	0.34	0.1	0.09	0.3	-0.65	0.15	0.13	-0.21	0.24
Cash	0.63	0.47	0.53	0.55	0.29	0.25	0.39	0.02		0.74	-0.06	0.41	0.97	0.52	0.37	0.77	-0.4	0.62	0.67	0.27	0.34	-0.06	0.53	0.59	-0.66	0.73
Non Current Assets Total	0.32	0.2	0.54	0.19	0.19	0.11	0.13	-0.3	0.74		0.17	0.22	0.73	0.36	-0.05	0.9	-0.25	0.34	0.74	-0.15	0.1	0.36	0.22	0.3	-0.3	0.76
Non Currrent Assets Other	-0.28	-0.42	0.58	-0.3	-0.59	-0.41	-0.18	-0.67	-0.06	0.17		-0.24	0.0	-0.2	-0.13	0.2	0.28	-0.27	-0.46	0.19	0.05	0.76	-0.11	-0.1	0.35	-0.48
Other Assets	0.49	0.44	0.13	0.36	0.49	0.31	0.21	0.22	0.41	0.22	-0.24		0.47	0.48	0.27	0.24	-0.2	0.5	0.41	-0.24	0.27	-0.27	0.4	0.39	-0.1	0.32
Cash And Short Term Investments	0.68	0.54	0.66	0.56	0.27	0.34	0.42	0.01	0.97	0.73	0.0	0.47		0.56	0.43	0.76	-0.46	0.68	0.64	0.21	0.49	-0.04	0.58	0.64	-0.56	0.67
Net Receivables	0.81	0.91	0.19	0.59	0.35	0.83	0.61	0.57	0.52	0.36	-0.2	0.48	0.56		0.37	0.19	-0.31	0.82	0.41	0.1	0.62	-0.3	0.58	0.58	-0.32	0.53
Common Stock Shares Outstanding	0.68	0.44	0.21	0.86	0.38	0.32	0.8	0.17	0.37	-0.05	-0.13	0.27	0.43	0.37		0.16	-0.31	0.64	0.15	0.34	0.33	-0.55	0.92	0.92	-0.46	0.05
Non Current Liabilities Total	0.36	0.07	0.61	0.32	0.33	-0.08	0.22	-0.49	0.77	0.9	0.2	0.24	0.76	0.19	0.16		-0.3	0.35	0.73	-0.08	0.04	0.22	0.36	0.43	-0.4	0.65
Other Stockholder Equity	-0.47	-0.42	-0.25	-0.51	-0.43	-0.36	-0.46	-0.2	-0.4	-0.25	0.28	-0.2	-0.46	-0.31	-0.31	-0.3		-0.46	-0.48	-0.18	-0.34	0.25	-0.32	-0.34	0.6	-0.45
Total Liab	1.0	0.86	0.37	0.82	0.52	0.69	0.81	0.34	0.62	0.34	-0.27	0.5	0.68	0.82	0.64	0.35	-0.46		0.49	0.18	0.67	-0.43	0.83	0.82	-0.44	0.51
Property Plant And Equipment Gross	0.49	0.42	0.15	0.41	0.72	0.34	0.26	0.1	0.67	0.74	-0.46	0.41	0.64	0.41	0.15	0.73	-0.48	0.49		-0.36	0.06	-0.29	0.35	0.4	-0.49	0.92
Total Current Assets	0.2	0.09	0.17	0.36	-0.41	-0.06	0.44	0.09	0.27	-0.15	0.19	-0.24	0.21	0.1	0.34	-0.08	-0.18	0.18	-0.36		0.18	0.09	0.24	0.23	-0.49	-0.13
Short Term Debt	0.63	0.75	0.62	0.29	-0.03	0.72	0.38	0.3	0.34	0.1	0.05	0.27	0.49	0.62	0.33	0.04	-0.34	0.67	0.06	0.18		-0.17	0.39	0.39	-0.03	0.11
Other Current Liab	-0.45	-0.51	0.4	-0.54	-0.68	-0.49	-0.4	-0.65	-0.06	0.36	0.76	-0.27	-0.04	-0.3	-0.55	0.22	0.25	-0.43	-0.29	0.09	-0.17		-0.44	-0.41	0.37	-0.19
Common Stock Total Equity	0.86	0.58	0.31	0.92	0.49	0.42	0.88	0.15	0.53	0.22	-0.11	0.4	0.58	0.58	0.92	0.36	-0.32	0.83	0.35	0.24	0.39	-0.44		0.99	-0.46	0.28
Common Stock	0.84	0.58	0.35	0.91	0.48	0.42	0.86	0.13	0.59	0.3	-0.1	0.39	0.64	0.58	0.92	0.43	-0.34	0.82	0.4	0.23	0.39	-0.41	0.99		-0.49	0.33
Other Liab	-0.48	-0.31	-0.04	-0.72	-0.43	-0.12	-0.57	-0.21	-0.66	-0.3	0.35	-0.1	-0.56	-0.32	-0.46	-0.4	0.6	-0.44	-0.49	-0.49	-0.03	0.37	-0.46	-0.49		-0.53
Long Term Debt	0.51	0.52	0.11	0.38	0.52	0.44	0.27	0.24	0.73	0.76	-0.48	0.32	0.67	0.53	0.05	0.65	-0.45	0.51	0.92	-0.13	0.11	-0.19	0.28	0.33	-0.53

Click cells to compare fundamentals

Foreign Trade Account Relationship Matchups

Foreign Trade fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.2B	6.3B	8.0B	9.3B	10.7B	6.3B
Short Long Term Debt Total	3.1B	2.0B	3.3B	6.6B	4.7B	3.0B
Total Current Liabilities	1.6B	393.3M	1.6B	62.5M	2.9B	3.1B
Total Stockholder Equity	1.0B	1.0B	991.8M	1.1B	1.2B	810.7M
Property Plant And Equipment Net	18.8M	16.2M	17.8M	17.3M	16.8M	9.0M
Net Debt	2.0B	1.1B	2.1B	5.4B	2.7B	2.3B
Retained Earnings	446.1M	464.1M	487.9M	543.6M	673.3M	339.0M
Accounts Payable	15.8M	11.2M	12.6M	62.5M	5.1M	4.9M
Cash	1.2B	863.8M	1.3B	1.2B	2.0B	2.1B
Non Current Assets Total	109.0M	416.3M	851.3M	1.0B	8.3B	8.7B
Non Currrent Assets Other	(109.0M)	(416.3M)	(851.3M)	(1.0B)	14.0M	14.7M
Other Assets	5.9B	5.0B	5.9B	7.0B	8.0B	4.6B
Cash And Short Term Investments	1.2B	863.8M	1.3B	1.2B	2.0B	2.1B
Net Receivables	41.8M	28.3M	24.7M	73.0M	65.7M	39.8M
Common Stock Shares Outstanding	39.6M	39.7M	38.8M	36.3M	36.5M	34.4M
Liabilities And Stockholders Equity	7.2B	6.3B	8.0B	9.3B	10.7B	6.3B
Non Current Liabilities Total	3.1B	2.0B	3.3B	62.5M	6.6B	6.9B
Other Stockholder Equity	60.7M	62.4M	4.2M	6.4M	11.9M	11.3M
Total Liab	6.2B	5.3B	7.0B	8.2B	9.5B	5.5B
Property Plant And Equipment Gross	18.8M	16.2M	28.2M	27.6M	31.7M	33.3M
Total Current Assets	1.2B	892.1M	1.3B	1.2B	2.4B	1.7B
Short Term Debt	1.6B	382.2M	1.6B	2.2B	2.0B	1.6B
Other Current Liab	(1.6B)	(393.3M)	(1.6B)	(2.2B)	887.8M	932.2M
Accumulated Other Comprehensive Income	229.4M	231.4M	219.7M	239.4M	238.7M	250.6M
Other Liab	5.8M	6.1M	18.2M	6.4M	5.7M	5.4M
Long Term Debt	1.5B	2.0B	3.3B	4.4B	4.4B	4.6B
Treasury Stock	(61.1M)	(59.7M)	(58.0M)	(115.8M)	(133.2M)	(139.8M)
Property Plant Equipment	18.8M	16.2M	17.8M	17.3M	19.9M	20.9M
Net Tangible Assets	1.0B	1.0B	990.2M	1.1B	1.2B	1.1B
Other Current Assets	1.3B	969.5M	1.5B	1.5B	2.4B	2.3B
Long Term Investments	88.8M	398.1M	831.9M	1.0B	1.0B	1.1B
Short Long Term Debt	1.6B	380.9M	1.6B	2.2B	2.0B	1.9B
Long Term Debt Total	1.5B	2.0B	3.3B	4.4B	5.1B	5.4B
Capital Surpluse	120.4M	120.4M	120.0M	120.5M	138.6M	132.2M
Intangible Assets	1.4M	2.0M	1.6M	2.1M	2.6M	2.3M
Inventory	(1.3B)	(969.5M)	(1.5B)	(1.6B)	(1.4B)	(1.3B)

Pair Trading with Foreign Trade

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 Foreign Trade 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 Foreign Trade will appreciate offsetting losses from the drop in the long position's value.

Moving together with Foreign Stock

0.61	DIST	Distoken Acquisition	Pair Corr
0.63	AB	AllianceBernstein	Pair Corr

Moving against Foreign Stock

0.8	PX	P10 Inc Financial Report 20th of May 2024	Pair Corr
0.49	AC	Associated Capital	Pair Corr
0.48	DHIL	Diamond Hill Investment	Pair Corr
0.47	LC	LendingClub Corp	Pair Corr

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

The correlation of Foreign Trade 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 Foreign Trade moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foreign Trade Bank 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 Foreign Trade 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 Foreign Trade Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Foreign Trade'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 Foreign Trade Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Foreign Trade Bank Stock:

How To Invest In Foreign

Details

Is Foreign Stock a good investment?

Details

What is Foreign Trade's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Foreign Stock analysis

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

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Is Foreign Trade'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 Foreign Trade. If investors know Foreign 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 Foreign Trade 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

0.378

Dividend Share

1.5

Earnings Share

4.55

Revenue Per Share

6.988

Quarterly Revenue Growth

0.316

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

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Foreign Total Assets vs Other Assets Analysis

Total Assets vs Other Assets

Total Assets vs Other Assets Correlation Analysis

Correlation Coefficient

Total Assets

Other Assets

Foreign Trade fundamental ratios Correlations

Foreign Trade Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Foreign Trade fundamental ratios Accounts

Pair Trading with Foreign Trade

Moving together with Foreign Stock

Moving against Foreign Stock

Complementary Tools for Foreign Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 0.99	Common Stock Total Equity
Cash And Short Term Investments	+ 0.97	Cash
Net Debt	+ 0.95	Short Long Term Debt Total
Retained Earnings	+ 0.93	Total Stockholder Equity
Common Stock Total Equity	+ 0.92	Total Stockholder Equity

Other Liab	- 0.72	Total Stockholder Equity
Other Current Liab	- 0.68	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.67	Accounts Payable
Other Liab	- 0.66	Cash
Other Current Liab	- 0.65	Accounts Payable
Non Currrent Assets Other	- 0.59	Property Plant And Equipment Net