BCE Balance Sheet Analysis From 2010 to 2024

BCE Stock  USD 32.40  0.29  0.90%   
Most indicators from BCE's financial ratios are interrelated and interconnected. However, analyzing financial ratios indicators one by one will only give a small insight into BCE Inc current financial condition. On the other hand, looking into the entire matrix of financial 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 BCE Valuation and BCE Correlation analysis.
  
At present, BCE's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 78.4 B, whereas Tax Provision is forecasted to decline to about 803.7 M.
Most indicators from BCE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCE Inc 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 BCE Valuation and BCE Correlation analysis.
At present, BCE's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 78.4 B, whereas Tax Provision is forecasted to decline to about 803.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit9.9B16.5B7.4B9.8B
Total Revenue23.4B24.2B24.7B22.5B

BCE fundamental ratios Correlations

0.830.150.860.960.990.84-0.410.071.00.550.180.90.90.98-0.460.6-0.740.990.630.880.60.890.720.070.84
0.830.460.720.760.861.0-0.380.30.810.660.590.630.750.8-0.310.69-0.670.820.850.690.480.960.9-0.110.82
0.150.460.030.040.220.450.40.380.110.630.650.15-0.080.220.510.470.240.180.580.36-0.030.240.53-0.52-0.04
0.860.720.030.830.810.72-0.630.420.860.230.340.620.890.76-0.580.57-0.80.850.440.690.910.830.46-0.030.85
0.960.760.040.830.950.77-0.420.00.960.450.040.860.940.89-0.510.45-0.780.920.50.770.60.870.620.090.87
0.990.860.220.810.950.87-0.360.040.990.590.210.90.880.97-0.410.58-0.710.980.650.870.540.890.760.050.83
0.841.00.450.720.770.87-0.370.270.820.670.570.650.760.81-0.30.69-0.670.820.850.70.460.960.91-0.090.82
-0.41-0.380.4-0.63-0.42-0.36-0.37-0.39-0.430.38-0.26-0.1-0.7-0.280.94-0.160.88-0.37-0.01-0.05-0.63-0.55-0.080.2-0.76
0.070.30.380.420.00.040.27-0.390.06-0.130.81-0.270.170.0-0.180.39-0.240.090.150.040.610.290.08-0.570.25
1.00.810.110.860.960.990.82-0.430.060.520.160.890.910.97-0.490.57-0.750.990.60.870.610.880.70.080.85
0.550.660.630.230.450.590.670.38-0.130.520.230.630.220.640.390.57-0.010.570.880.67-0.060.510.860.180.22
0.180.590.650.340.040.210.57-0.260.810.160.23-0.090.170.17-0.040.62-0.20.220.540.190.370.460.48-0.540.3
0.90.630.150.620.860.90.65-0.1-0.270.890.63-0.090.70.93-0.220.51-0.470.90.530.910.320.650.640.210.59
0.90.75-0.080.890.940.880.76-0.70.170.910.220.170.70.8-0.730.42-0.930.860.410.630.710.890.53-0.050.97
0.980.80.220.760.890.970.81-0.280.00.970.640.170.930.8-0.350.63-0.620.990.680.930.470.810.760.090.73
-0.46-0.310.51-0.58-0.51-0.41-0.30.94-0.18-0.490.39-0.04-0.22-0.73-0.35-0.060.88-0.420.07-0.12-0.53-0.51-0.050.13-0.75
0.60.690.470.570.450.580.69-0.160.390.570.570.620.510.420.63-0.06-0.330.640.720.730.440.610.68-0.130.44
-0.74-0.670.24-0.8-0.78-0.71-0.670.88-0.24-0.75-0.01-0.2-0.47-0.93-0.620.88-0.33-0.69-0.31-0.39-0.66-0.83-0.420.08-0.97
0.990.820.180.850.920.980.82-0.370.090.990.570.220.90.860.99-0.420.64-0.690.650.910.590.850.730.070.79
0.630.850.580.440.50.650.85-0.010.150.60.880.540.530.410.680.070.72-0.310.650.630.160.730.970.030.48
0.880.690.360.690.770.870.7-0.050.040.870.670.190.910.630.93-0.120.73-0.390.910.630.440.660.680.070.52
0.60.48-0.030.910.60.540.46-0.630.610.61-0.060.370.320.710.47-0.530.44-0.660.590.160.440.610.15-0.150.67
0.890.960.240.830.870.890.96-0.550.290.880.510.460.650.890.81-0.510.61-0.830.850.730.660.610.8-0.070.94
0.720.90.530.460.620.760.91-0.080.080.70.860.480.640.530.76-0.050.68-0.420.730.970.680.150.80.020.59
0.07-0.11-0.52-0.030.090.05-0.090.2-0.570.080.18-0.540.21-0.050.090.13-0.130.080.070.030.07-0.15-0.070.02-0.08
0.840.82-0.040.850.870.830.82-0.760.250.850.220.30.590.970.73-0.750.44-0.970.790.480.520.670.940.59-0.08
Click cells to compare fundamentals

BCE Account Relationship Matchups

BCE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.3B60.7B66.7B69.3B71.9B48.1B
Other Current Liab1.3B1.2B1.2B1.3B2.9B3.1B
Net Debt26.2B26.1B29.5B31.8B35.4B37.2B
Retained Earnings(4.5B)(4.7B)(3.4B)(3.6B)(5.5B)(5.2B)
Cash145M224M207M149M772M717.7M
Net Receivables4.1B4.2B4.4B4.6B4.5B2.8B
Other Current Assets190M199M335M324M554M343.5M
Total Liab38.8B39.3B43.8B46.8B51.4B29.9B
Total Current Assets5.5B5.7B6.2B6.5B7.3B4.5B
Short Term Debt3.9B2.4B2.6B4.1B5.0B2.9B
Intangible Assets13.4B13.1B15.6B16.2B16.6B17.4B
Other Assets2.1B2.9B5.5B4.6B5.2B5.5B
Accounts Payable4.0B3.9B4.5B5.2B3.3B3.4B
Common Stock20.4B20.4B20.7B20.8B20.9B21.9B
Other Liab6.5B7.2B7.7B7.6B8.7B9.1B
Net Tangible Assets(6.9B)(6.7B)(7.5B)(8.8B)(7.9B)(7.5B)
Long Term Debt18.6B23.9B27.0B27.8B31.1B16.3B
Good Will10.7B10.6B10.6B10.9B10.9B8.9B
Short Long Term Debt3.9B2.4B2.6B4.1B3.8B2.3B
Long Term Debt Total22.4B23.9B27.0B27.8B32.0B23.5B

BCE Investors Sentiment

The influence of BCE's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BCE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BCE's public news can be used to forecast risks associated with an investment in BCE. The trend in average sentiment can be used to explain how an investor holding BCE can time the market purely based on public headlines and social activities around BCE Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BCE's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BCE's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BCE's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BCE.
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 BCE 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, BCE's short interest history, or implied volatility extrapolated from BCE options trading.

Pair Trading with BCE

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

Moving together with BCE Stock

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Moving against BCE Stock

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The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE 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 BCE - 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 BCE Inc to buy it.
The correlation of BCE 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 BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc 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 BCE 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 BCE Inc is a strong investment it is important to analyze BCE's 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 BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out BCE Valuation and BCE Correlation analysis.
Note that the BCE Inc information on this page should be used as a complementary analysis to other BCE's 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running BCE's price analysis, check to measure BCE'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 BCE is operating at the current time. Most of BCE's value examination focuses on studying past and present price action to predict the probability of BCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCE's price. Additionally, you may evaluate how the addition of BCE to your portfolios can decrease your overall portfolio volatility.
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Is BCE'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 BCE. If investors know BCE 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 BCE 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
(0.28)
Dividend Share
3.87
Earnings Share
1.66
Revenue Per Share
27.048
Quarterly Revenue Growth
0.005
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE'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 BCE's market value can be influenced by many factors that don't directly affect BCE'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 BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE'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.