Banco Net Debt vs Net Invested Capital Analysis
| BMA Stock | USD 53.15 1.77 3.44% |
Banco Macro financial indicator trend analysis is way more than just evaluating Banco Macro SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Macro SA is a good investment. Please check the relationship between Banco Macro Net Debt and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro 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 population.
Net Debt vs Net Invested Capital
Net Debt vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco Macro SA Net Debt account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Banco Macro's Net Debt and Net Invested Capital is -0.84. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Banco Macro SA, assuming nothing else is changed. The correlation between historical values of Banco Macro's Net Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Banco Macro SA are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Debt i.e., Banco Macro's Net Debt and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.84 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Banco Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Macro 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 Macro 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 population. At present, Banco Macro's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 23.5 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 372.5B | 1.5T | 2.8T | 3.0T | Interest Expense | 183.9B | 307.1B | 71.9B | 39.6B |
Banco Macro fundamental ratios Correlations
Click cells to compare fundamentals
Banco Macro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banco Macro fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 604.0B | 1.2T | 1.9T | 2.1T | 6.7T | 7.1T | |
| Total Stockholder Equity | 142.8B | 223.5B | 466.7B | 512.4B | 2.0T | 2.1T | |
| Net Debt | (125.1B) | (322.0B) | (351.0B) | (175.2B) | (408.5B) | (388.1B) | |
| Cash | 125.6B | 322.4B | 396.0B | 250.1B | 868.5B | 912.0B | |
| Other Assets | 466.5B | 822.3B | 1.5T | 1.7T | 5.7T | 6.0T | |
| Cash And Short Term Investments | 125.6B | 322.4B | 396.0B | 250.1B | 868.5B | 912.0B | |
| Common Stock Shares Outstanding | 629.5M | 661.1M | 639.4M | 639.4M | 82.2M | 365.1M | |
| Liabilities And Stockholders Equity | 428.4B | 769.9B | 1.0T | 2.1T | 6.7T | 7.1T | |
| Other Stockholder Equity | 26.8B | (8.3B) | 61.3B | 185.7B | (255.9B) | (243.1B) | |
| Total Liab | 461.2B | 938.6B | 1.5T | 1.6T | 4.7T | 4.9T | |
| Total Current Assets | 125.6B | 322.4B | 396.0B | 363.2B | 868.5B | 912.0B | |
| Non Currrent Assets Other | (5.1B) | (267.1M) | (560.2M) | (1.1T) | (2.7B) | (2.8B) | |
| Short Long Term Debt Total | 498.2M | 466.2M | 45.0B | 74.8B | 460.0B | 483.0B | |
| Other Current Liab | 13.1B | 10.6B | 7.6B | 645.5B | 2.2T | 2.3T | |
| Total Current Liabilities | 8.2B | 10.9B | 19.7B | 10.8B | 104.8B | 110.1B | |
| Other Liab | 1.3B | 87.2B | 124.5B | 193.9B | 223.0B | 234.1B | |
| Property Plant And Equipment Net | 7.1B | 9.6B | 19.0B | 101.9B | 72.1B | 75.7B | |
| Retained Earnings | 79.2B | 126.1B | 274.8B | 43.2B | 1.4T | 1.5T | |
| Accounts Payable | 13.5B | 17.2B | 1.7B | 6.1B | 34.4B | 36.1B | |
| Non Current Assets Total | 11.9B | 17.3B | 35.4B | 17.5B | 147.3B | 154.6B | |
| Long Term Debt | 36.4B | 39.2B | 45.4B | 77.3B | 88.9B | 93.3B | |
| Net Receivables | 5.6B | 57.1B | 123.4B | 113.1B | 130.1B | 136.6B | |
| Good Will | (3.5B) | (5.0B) | (279K) | 240K | 216K | 226.8K | |
| Common Stock Total Equity | 0.0 | 669.7M | 639.4M | 639M | 575.1M | 468.1M | |
| Short Term Investments | 33.1B | 0.0 | 1.1B | (422K) | (485.3K) | (461.0K) | |
| Non Current Liabilities Total | 40.1B | 54.5B | 80.0B | 1.6T | 334.5B | 351.2B | |
| Other Current Assets | 106.8B | 181.7B | 251.5B | 405.4B | 2.1T | 2.2T | |
| Property Plant And Equipment Gross | 25.7B | 34.4B | 70.6B | 101.9B | 117.1B | 123.0B | |
| Accumulated Other Comprehensive Income | 36.1B | 105.0B | 130.0B | 282.9B | 875.8B | 919.6B | |
| Intangible Assets | 4.8B | 7.7B | 16.4B | 17.4B | 75.2B | 78.9B | |
| Property Plant Equipment | 3.1B | 34.4B | 52.9B | 101.9B | 117.1B | 123.0B | |
| Short Term Debt | 4.3B | 5.8B | 6.1B | 10.4B | 144.6B | 151.9B | |
| Net Tangible Assets | 87.7B | 143.0B | 230.2B | 495.0B | 569.2B | 597.7B | |
| Inventory | (112.5B) | (238.8B) | (374.9B) | (405.4B) | (364.8B) | (346.6B) | |
| Long Term Investments | 84.2B | 299.2B | 374.2B | 1.0T | 1.2T | 1.3T | |
| Long Term Debt Total | 36.4B | 55.0B | 45.4B | 77.3B | 88.9B | 93.3B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Macro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Macro's short interest history, or implied volatility extrapolated from Banco Macro options trading.
Pair Trading with Banco Macro
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 Macro 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 Macro will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Stock
| 0.93 | DB | Deutsche Bank AG | PairCorr |
| 0.77 | NU | Nu Holdings Aggressive Push | PairCorr |
Moving against Banco Stock
| 0.84 | EBTC | Enterprise Bancorp Earnings Call This Week | PairCorr |
| 0.69 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.68 | EGBN | Eagle Bancorp Financial Report 24th of July 2024 | PairCorr |
| 0.67 | VABK | Virginia National Normal Trading | PairCorr |
| 0.58 | EBMT | Eagle Bancorp Montana Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Banco Macro 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 Macro 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 Macro - 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 Macro SA to buy it.
The correlation of Banco Macro 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 Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Macro 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 Macro 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 Banco Macro 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 population. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Banco Stock analysis
When running Banco Macro's price analysis, check to measure Banco Macro'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 Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro'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 Macro. 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 Macro 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 5.275 | Earnings Share 0.54 | Revenue Per Share 44.5 K | Quarterly Revenue Growth 1.304 | Return On Assets 0.0888 |
The market value of Banco Macro 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 Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro'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 Macro's market value can be influenced by many factors that don't directly affect Banco Macro'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 Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro'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.