Banco Historical Balance Sheet

BMA
 Stock
  

USD 13.71  0.36  2.70%   

Trend analysis of Banco Macro SA balance sheet accounts such as Total Assets of 1078.2 B, Cash and Equivalents of 185.9 B or Total Debt of 121.8 B provides information on Banco Macro's total assets, liabilities, and equity, which is the actual value of Banco Macro SA to its prevalent stockholders. By breaking down trends over time using Banco Macro balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Banco Macro SA prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Banco Macro SA is a good buy for the upcoming year.
Continue to Trending Equities.
  

About Banco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Banco Macro SA at a specified time, usually calculated after every quarter, six months, or one year. Banco Macro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Banco Macro and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Banco currently owns. An asset can also be divided into two categories, current and non-current.

Banco Macro Balance Sheet Chart

Banco Macro Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Banco Macro SA uses and utilizes its capital. It also shows what exactly a company owns and owes.
Banco Macro Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 999.3 Billion. The current year Cash and Equivalents is expected to grow to about 185.9 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 70.7 B.

Total Assets

Total assets refers to the total amount of Banco Macro 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 Banco Macro SA 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Banco Macro SA balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Banco Macro books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Banco Macro balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Banco Macro Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 999.3 Billion. The current year Cash and Equivalents is expected to grow to about 185.9 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 70.7 B.
 2019 2020 2021 2022 (projected)
Cash and Equivalents137.07 B196.18 B172.33 B185.94 B
Total Assets606.15 B1,169.09 B999.3 B1,078.19 B

Banco Macro balance sheet Correlations

Banco Macro Account Relationship Matchups

Banco Macro balance sheet Accounts

201720182019202020212022 (projected)
Accumulated Other Comprehensive Income6.4 B33.46 B50.43 B84.26 B85.48 B70.7 B
Total Assets338.07 B540.3 B606.15 B1,169.09 B999.3 B1,078.19 B
Cash and Equivalents52.51 B115.01 B137.07 B196.18 B172.33 B185.94 B
Cash and Equivalents USD2.84 B3.05 B2.29 B2.31 B1.68 B1.88 B
Total Debt35.45 B61.5 B70.8 B133.5 B112.9 B121.81 B
Total Debt USD1.92 B1.63 B1.18 B1.57 B1.1 B1.13 B
Deposit Liabilities212.8 B366.05 B357.87 B737.71 B588.85 B635.34 B
Shareholders Equity71.44 B93.69 B144.39 B228.74 B239.6 B258.52 B
Shareholders Equity USD3.86 B2.49 B2.41 B2.69 B2.33 B2.44 B
Goodwill and Intangible Assets1.63 B3.26 B4.82 B7.7 B8.4 B9.07 B
Investments276.62 B425.06 B465.23 B930.54 B768.69 B829.38 B
Total Liabilities266.32 B446.61 B461.76 B940.34 B759.66 B819.64 B
Property Plant and Equipment Net15.21 B23.91 B35.05 B51.88 B52.87 B57.05 B
Accumulated Retained Earnings Deficit41.1 B47.13 B80.89 B91.94 B118.18 B102.31 B
Tax Liabilities7.75 B8.13 B11.84 B19.01 B6.6 B9.21 B

Banco Macro Investors Sentiment

The influence of Banco Macro'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 Banco. 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 markets does not have a solid backing from leading economists and market statisticians.

Banco Macro Implied Volatility

    
  49.65  
Banco Macro's implied volatility exposes the market's sentiment of Banco Macro SA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Banco Macro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Banco Macro stock will not fluctuate a lot when Banco Macro's options are near their expiration.
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 Macro

0.91AEGAegon NV ADR Downward RallyPairCorr
0.83ALLYAlly Financial TrendingPairCorr

Moving against Banco Macro

0.53ADRTAult Disruptive Tech Earnings Call  This WeekPairCorr
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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Banco Stock analysis

When running Banco Macro SA 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 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.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
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 YOY
0.77
Market Capitalization
853.6 M
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0312
Return On Equity
0.13
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 Banco Macro value 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.