Red Cash Ratio from 2010 to 2024

RRBI Stock  USD 58.74  0.49  0.84%   
Red River's Cash Ratio is increasing with slightly volatile movements from year to year. Cash Ratio is predicted to flatten to 55.90. For the period between 2010 and 2024, Red River, Cash Ratio quarterly trend regression had mean deviation of  92.54 and range of 599. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
58.84
Current Value
55.9
Quarterly Volatility
157.45024083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red River financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red River's main balance sheet or income statement drivers, such as Tax Provision of 7.3 M, Net Interest Income of 71.2 M or Interest Income of 81.4 M, as well as many indicators such as Price To Sales Ratio of 5.02, Dividend Yield of 0.0037 or PTB Ratio of 1.82. Red financial statements analysis is a perfect complement when working with Red River Valuation or Volatility modules.
  
Check out the analysis of Red River Correlation against competitors.

Latest Red River's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Red River Bancshares over the last few years. It is Red River's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red River's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Red Cash Ratio Regression Statistics

Arithmetic Mean81.22
Geometric Mean4.17
Coefficient Of Variation193.86
Mean Deviation92.54
Median39.70
Standard Deviation157.45
Sample Variance24,791
Range599
R-Value0.45
Mean Square Error21,313
R-Squared0.20
Significance0.09
Slope15.81
Total Sum of Squares347,068

Red Cash Ratio History

2024 55.9
2023 58.84
2022 65.38
2021 599.13
2020 252.09
2019 59.99
2018 86.46

About Red River Financial Statements

Investors use fundamental indicators, such as Red River's Cash Ratio, to determine how well the company is positioned to perform in the future. Although Red River's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cash Ratio 58.84  55.90 

Currently Active Assets on Macroaxis

When determining whether Red River Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red River'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 Red River Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red River Bancshares Stock:
Check out the analysis of Red River Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Red River. If investors know Red 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 Red River 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
0.135
Dividend Share
0.35
Earnings Share
4.75
Revenue Per Share
15.238
Quarterly Revenue Growth
0.056
The market value of Red River Bancshares is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red River's value that differs from its market value or its book value, called intrinsic value, which is Red River'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 Red River's market value can be influenced by many factors that don't directly affect Red River'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 Red River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red River'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.