Mid Total Current Assets from 2010 to 2024

MPB Stock  USD 31.65  0.20  0.64%   
Mid Penn's Total Current Assets are increasing over the years with stable fluctuation. Total Current Assets are expected to dwindle to about 114.6 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1997-09-30
Previous Quarter
133.5 M
Current Value
84.8 M
Quarterly Volatility
69.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mid Penn financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mid Penn's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 93.8 M or Selling General Administrative of 2.8 M, as well as many indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.04 or PTB Ratio of 0.69. Mid financial statements analysis is a perfect complement when working with Mid Penn Valuation or Volatility modules.
  
Check out the analysis of Mid Penn Correlation against competitors.

Latest Mid Penn's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Mid Penn Bancorp over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Mid Penn's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mid Penn's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Pretty Stable
   Total Current Assets   
       Timeline  

Mid Total Current Assets Regression Statistics

Arithmetic Mean144,798,744
Geometric Mean127,222,907
Coefficient Of Variation49.49
Mean Deviation48,542,807
Median149,339,000
Standard Deviation71,661,668
Sample Variance5135.4T
Range280.3M
R-Value0.23
Mean Square Error5225.8T
R-Squared0.06
Significance0.40
Slope3,761,057
Total Sum of Squares71895.5T

Mid Total Current Assets History

2024114.6 M
2023122.6 M
2022314.5 M
2021261.8 M
202052.1 M
201975.4 M
2018149.3 M

About Mid Penn Financial Statements

Mid Penn stakeholders use historical fundamental indicators, such as Mid Penn's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Mid Penn investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mid Penn's assets and liabilities are reflected in the revenues and expenses on Mid Penn's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mid Penn Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets122.6 M114.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn'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 Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out the analysis of Mid Penn Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space 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 Mid Penn. If investors know Mid 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 Mid Penn 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
0.328
Dividend Share
0.8
Earnings Share
2.91
Revenue Per Share
10.457
Quarterly Revenue Growth
0.1
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.