Red Inventory from 2010 to 2024

RRBI Stock  USD 60.60  1.20  2.02%   
Red River's Inventory is decreasing with slightly volatile movements from year to year. Inventory is estimated to finish at about 45.3 M this year. For the period between 2010 and 2024, Red River, Inventory quarterly trend regression had mean deviation of  166,897,355 and range of 837 M. View All Fundamentals
 
Inventory  
First Reported
2018-03-31
Previous Quarter
-714.5 M
Current Value
-609.7 M
Quarterly Volatility
278.4 M
 
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 Inventory Growth Pattern

Below is the plot of the Inventory of Red River Bancshares over the last few years. It is Red River's Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Red Inventory Regression Statistics

Arithmetic Mean(105,477,210)
Geometric Mean3,628,491
Coefficient Of Variation(222.77)
Mean Deviation166,897,355
Median346,000
Standard Deviation234,967,326
Sample Variance55209.6T
Range837M
R-Value(0.39)
Mean Square Error50590.5T
R-Squared0.15
Significance0.16
Slope(20,288,889)
Total Sum of Squares772935T

Red Inventory History

202445.3 M
202343.1 M
2022-287.2 M
2021-791.8 M
2020-455 M
2019-139.7 M
2018646 K

Other Fundumenentals of Red River Bancshares

About Red River Financial Statements

Investors use fundamental indicators, such as Red River's Inventory, 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
Inventory43.1 M45.3 M
Change To Inventory261.1 K274.1 K
Inventory Turnover(0.03)(0.03)
Days Of Inventory On Hand-12 K-12.6 K
Days Of Inventory Outstanding-12 K-12.6 K

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 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 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.