Meridian Other Current Assets from 2010 to 2024

MRBK Stock  USD 16.31  0.81  5.23%   
Meridian Bank Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 64.3 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-12-31
Previous Quarter
35.9 M
Current Value
44.2 M
Quarterly Volatility
535.9 M
 
Covid
Check Meridian Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meridian Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 M, Total Revenue of 83.9 M or Gross Profit of 83.9 M, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0252 or PTB Ratio of 0.66. Meridian financial statements analysis is a perfect complement when working with Meridian Bank Valuation or Volatility modules.
  
Check out the analysis of Meridian Bank Correlation against competitors.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.

Latest Meridian Bank's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Meridian Bank over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Meridian Bank's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meridian Bank's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Very volatile
   Other Current Assets   
       Timeline  

Meridian Other Current Assets Regression Statistics

Arithmetic Mean145,713,183
Geometric Mean67,391,880
Coefficient Of Variation177.61
Mean Deviation169,072,218
Median42,639,000
Standard Deviation258,799,653
Sample Variance66977.3T
Range811.2M
R-Value0.06
Mean Square Error71832.6T
R-Squared0
Significance0.82
Slope3,712,008
Total Sum of Squares937681.6T

Meridian Other Current Assets History

202464.3 M
202367.7 M
202247.5 M
202128.5 M
202042.2 M
201942.6 M
2018839.7 M

About Meridian Bank Financial Statements

Meridian Bank investors utilize fundamental indicators, such as Other Current Assets, to predict how Meridian Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets67.7 M64.3 M

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When determining whether Meridian Bank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Meridian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Meridian Bank Stock. Highlighted below are key reports to facilitate an investment decision about Meridian Bank Stock:
Check out the analysis of Meridian Bank Correlation against competitors.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 Meridian Bank. If investors know Meridian 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 Meridian Bank 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
0.2
Dividend Share
0.5
Earnings Share
1.01
Revenue Per Share
8.327
Quarterly Revenue Growth
0.062
The market value of Meridian Bank is measured differently than its book value, which is the value of Meridian that is recorded on the company's balance sheet. Investors also form their own opinion of Meridian Bank's value that differs from its market value or its book value, called intrinsic value, which is Meridian Bank'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 Meridian Bank's market value can be influenced by many factors that don't directly affect Meridian Bank'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 Meridian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Bank'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.