Bristol Return on Average Equity Trend from 2010 to 2020

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BMY -- USA Stock  

Report: 6th of August 2020  

Bristol Myers Return on Average Equity yearly trend continues to be fairly stable with very little volatility. Return on Average Equity is likely outpace its year average in 2020. During the period from 2010 to 2020, Bristol Myers Return on Average Equity regression line of anual values had r-squared of 0.16 and arithmetic mean of  0.23. Bristol Myers Consolidated Income is fairly stable at the moment as compared to the past year. Bristol Myers reported Consolidated Income of 3.46 Billion in 2019. Net Income to Non Controlling Interests is likely to grow to about 21.6 M in 2020, whereas Direct Expenses is likely to drop slightly above 6.5 B in 2020.

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Check Bristol Myers financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 6.5 B, Consolidated Income of 3.5 B or Cost of Revenue of 7.3 B, as well as many exotic indicators such as Interest Coverage of 9.25, Long Term Debt to Equity of 0.91 or Calculated Tax Rate of 26.35. This can be a perfect complement to check Bristol Myers Valuation or Volatility. It can also complement various Bristol Myers Technical models. Continue to the analysis of Bristol Myers Correlation with competitors.

Bristol Return on Average Equity Marginal Breakdown

Showing smoothed Return on Average Equity of Bristol Myers Squibb with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].
ViewLast Reported 3.00 %10 Years Trend
Decreasing
Slightly volatile
 Return on Average Equity 
      Timeline 

Bristol Return on Average Equity Regression Statistics

Arithmetic Mean 0.23
Geometric Mean 0.19
Coefficient Of Variation 82.07
Mean Deviation 0.13
Median 0.17
Standard Deviation 0.19
Sample Variance 0.036652
Range 0.68
R-Value(0.40)
Mean Square Error 0.034071
R-Squared 0.16
Significance 0.22
Slope(0.023332)
Total Sum of Squares 0.37

Bristol Return on Average Equity Over Time

2010  0.75 
2011  0.23 
2012  0.13 
2013  0.18 
2015  0.10 
2016  0.29 
2017  0.07 
2018  0.37 
2019  0.14 
2020  0.17 

About Bristol Myers Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include Bristol Myers income statement, its balance sheet, and the statement of cash flows. Bristol Myers investors use historical funamental indicators, such as Bristol Myers's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Bristol Myers investors may use each financial statement separately, they are all related. The changes in Bristol Myers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bristol Myers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bristol Myers Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bristol Myers. Please read more on our technical analysis and fundamental analysis pages.
 2017 2018 2019 2020 (projected)
Receivables5.09 B5.35 B7.68 B8.29 B
Inventories1.17 B1.2 B4.29 B4.63 B

Current Sentiment - BMY

Bristol Myers Squibb Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Bristol Myers Squibb. What is your opinion about investing in Bristol Myers Squibb? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Bristol Myers Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bristol Myers and Gilead Sciences. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to the analysis of Bristol Myers Correlation with competitors. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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