Provident Cash And Short Term Investments from 2010 to 2024

PVBC Stock  USD 11.58  0.19  1.67%   
Provident Bancorp's Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 134.5 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2014-12-31
Previous Quarter
171.6 M
Current Value
138.7 M
Quarterly Volatility
76.5 M
 
Yuan Drop
 
Covid
Check Provident Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.9 K, Interest Expense of 33.7 M or Selling General Administrative of 23.3 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0157 or PTB Ratio of 0.74. Provident financial statements analysis is a perfect complement when working with Provident Bancorp Valuation or Volatility modules.
  
Check out the analysis of Provident Bancorp Correlation against competitors.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.

Latest Provident Bancorp's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Provident Bancorp over the last few years. Short Term Investments is an account in the current assets section of Provident Bancorp balance sheet. This account contains Provident Bancorp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Provident Bancorp fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Provident Bancorp's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Provident Bancorp's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Provident Cash And Short Term Investments Regression Statistics

Arithmetic Mean119,221,613
Geometric Mean114,820,619
Coefficient Of Variation31.79
Mean Deviation26,193,700
Median103,003,000
Standard Deviation37,895,190
Sample Variance1436T
Range140.3M
R-Value0.57
Mean Square Error1049T
R-Squared0.32
Significance0.03
Slope4,806,312
Total Sum of Squares20104.6T

Provident Cash And Short Term Investments History

2024134.5 M
2023220.3 M
2022109.2 M
2021190 M
2020116 M
201880 M
2017109.1 M

About Provident Bancorp Financial Statements

Provident Bancorp stakeholders use historical fundamental indicators, such as Provident Bancorp's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Provident Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Provident Bancorp's assets and liabilities are reflected in the revenues and expenses on Provident Bancorp'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 Provident Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments220.3 M134.5 M

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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 Provident Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Provident Bancorp'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 Provident Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Provident Bancorp Stock:
Check out the analysis of Provident Bancorp Correlation against competitors.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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 Provident Bancorp. If investors know Provident 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 Provident Bancorp 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
(0.73)
Earnings Share
0.32
Revenue Per Share
3.314
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0031
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp'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 Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp'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 Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp'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.