Ames National Financials

ATLO Stock  USD 17.74  0.30  1.72%   
Based on the analysis of Ames National's profitability, liquidity, and operating efficiency, Ames National is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Ames National's Property Plant And Equipment Gross is very stable compared to the past year. As of the 22nd of November 2024, Short Term Debt is likely to grow to about 56.7 M, while Total Assets are likely to drop about 1.3 B. Key indicators impacting Ames National's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.190.2009
Notably Down
Slightly volatile
Return On Assets0.00480.005
Notably Down
Slightly volatile
Return On Equity0.110.0652
Way Up
Very volatile
Debt Equity Ratio0.70.667
Sufficiently Up
Pretty Stable
Current Ratio76.280.208
Notably Down
Slightly volatile
Investors should never underestimate Ames National's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Ames National's cash flow, debt, and profitability to make informed and accurate decisions about investing in Ames National.

Net Income

14.93 Million

  
Understanding current and past Ames National Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ames National's financial statements are interrelated, with each one affecting the others. For example, an increase in Ames National's assets may result in an increase in income on the income statement.

Ames National Stock Summary

Ames National competes with First Community, Old Point, Oak Valley, Chemung Financial, and Home Bancorp. Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. Ames National Corporation was founded in 1903 and is based in Ames, Iowa. Ames Natl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 261 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0310011004
CUSIP031001100
LocationIowa; U.S.A
Business Address405 5th Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.amesnational.com
Phone515 232 6251
CurrencyUSD - US Dollar

Ames National Key Financial Ratios

Ames National Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.0B2.1B2.1B2.2B1.3B
Net Debt(138.6M)(188.5M)(103.1M)(3.4M)46.6M48.9M
Retained Earnings146.2M158.2M170.4M179.9M180.4M110.7M
Cash143.6M191.5M106.1M42.6M64.0M64.1M
Other Assets588.3M546.1M326.4M475.0M(1.5B)(1.6B)
Net Receivables11.8M11.1M10.1M11.3M13.0M8.7M
Total Liab5M4.7M3M2.0B2.0B2.1B
Total Current Assets635.2M799.7M947.2M840.3M877.4M833.5M
Short Term Debt44.0M37.3M39.9M40.7M54.0M56.7M
Common Stock18.4M18.2M18.2M18.0M20.7M19.8M
Accounts Payable9.4M7.7M1.9B666K4.7M4.5M
Inventory(159.4M)(202.9M)(116.2M)(53.8M)(1.3B)(1.2B)
Long Term Debt14.6M5M3M39.1M110.6M116.1M
Other Current Liab732.4M916.4M1.2B1.2B5.7M5.4M
Net Tangible Assets171.5M193.9M192.8M134.7M155.0M172.4M
Good Will9.6M12.1M12.4M12.4M14.3M9.3M
Capital Surpluse18.8M17.0M16.4M14.3M12.8M15.9M
Intangible Assets4.0M3.1M2.5M1.9M1.4M2.0M

Ames National Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense10.9M8.1M4.5M8.3M29.7M31.2M
Total Revenue53.9M65.5M66.5M62.9M53.8M45.2M
Gross Profit53.9M65.5M66.5M62.9M53.8M56.5M
Operating Income21.0M23.2M30.7M34.9M(1.3M)(1.2M)
Ebit21.0M23.2M30.7M25.2M(1.3M)(1.2M)
Ebitda21.7M25.5M32.7M27.2M502K476.9K
Income Before Tax21.0M23.2M30.7M25.2M12.9M19.8M
Net Income17.2M18.9M23.9M19.3M10.8M14.9M
Income Tax Expense3.8M4.4M6.8M5.9M2.1M2.0M
Tax Provision3.8M4.4M6.8M5.9M2.1M2.0M
Net Interest Income45.2M54.8M56.0M53.2M44.6M50.7M
Interest Income56.2M62.9M60.5M61.6M74.3M60.9M

Ames National Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash4.2M(9.8M)(84.0M)(61.2M)27.2M28.6M
Free Cash Flow19.4M28.5M28.7M18.4M14.3M17.8M
Depreciation1.8M2.3M2.0M2.0M1.8M1.8M
Other Non Cash Items(1.4M)3.3M3.1M1.0M3.0M3.1M
Dividends Paid8.8M9.1M9.4M9.7M9.7M8.4M
Capital Expenditures780.4K1.2M1.9M2.9M4.9M5.1M
Net Income17.2M18.9M23.9M19.3M10.8M14.9M
End Period Cash Flow34.6M24.8M89.1M27.9M55.1M34.0M
Investments27.5M(103.0M)(255.0M)(46.4M)19.1M20.0M
Change Receivables514.9K645.5K1.0M(1.2M)(1.3M)(1.3M)
Net Borrowings(10.0M)(6.7M)2.6M36.9M42.5M44.6M
Change To Netincome(1.1M)5.8M1.4M61K70.2K66.6K

Ames Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ames National's current stock value. Our valuation model uses many indicators to compare Ames National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ames National competition to find correlations between indicators driving Ames National's intrinsic value. More Info.
Ames National is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ames National is roughly  13.07 . At this time, Ames National's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ames National's earnings, one of the primary drivers of an investment's value.

Ames National Systematic Risk

Ames National's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ames National volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ames National correlated with the market. If Beta is less than 0 Ames National generally moves in the opposite direction as compared to the market. If Ames National Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ames National is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ames National is generally in the same direction as the market. If Beta > 1 Ames National moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ames National Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ames National's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ames National growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.38)

At this time, Ames National's Price Earnings To Growth Ratio is very stable compared to the past year.

Ames National November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ames National help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ames National. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ames National based on widely used predictive technical indicators. In general, we focus on analyzing Ames Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ames National's daily price indicators and compare them against related drivers.
When determining whether Ames National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ames National'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 Ames National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ames National Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 Ames National. If investors know Ames 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 Ames National 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
(0.24)
Dividend Share
1.01
Earnings Share
0.97
Revenue Per Share
5.679
Quarterly Revenue Growth
(0.01)
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National'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 Ames National's market value can be influenced by many factors that don't directly affect Ames National'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 Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National'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.