Ameris Income Tax Expense vs Cost Of Revenue Analysis
ABCB Stock | USD 71.79 2.05 2.94% |
Ameris Bancorp financial indicator trend analysis is way more than just evaluating Ameris Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ameris Bancorp is a good investment. Please check the relationship between Ameris Bancorp Income Tax Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.
Income Tax Expense vs Cost Of Revenue
Income Tax Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameris Bancorp Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Ameris Bancorp's Income Tax Expense and Cost Of Revenue is -0.87. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Ameris Bancorp, assuming nothing else is changed. The correlation between historical values of Ameris Bancorp's Income Tax Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Ameris Bancorp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Ameris Bancorp's Income Tax Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Income Tax Expense
Cost Of Revenue
Cost of Revenue is found on Ameris Bancorp income statement and represents the costs associated with goods and services Ameris Bancorp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Ameris Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ameris Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.At present, Ameris Bancorp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3 B, whereas Tax Provision is forecasted to decline to about 69.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47.8M | 92.9M | 445.4M | 467.7M | Depreciation And Amortization | 47.9M | 50.8M | 48.7M | 51.2M |
Ameris Bancorp fundamental ratios Correlations
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Ameris Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ameris Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.2B | 20.4B | 23.9B | 25.1B | 25.3B | 26.6B | |
Total Stockholder Equity | 2.5B | 2.6B | 3.0B | 3.2B | 3.4B | 3.6B | |
Property Plant And Equipment Net | 233.1M | 222.9M | 225.4M | 220.3M | 266.3M | 279.6M | |
Net Debt | 1.3B | 345.9M | 601.4M | 1.7B | (527.4M) | (501.0M) | |
Retained Earnings | 508.0M | 671.5M | 1.0B | 1.3B | 1.5B | 1.6B | |
Cash | 246.5M | 203.6M | 264.8M | 284.6M | 1.2B | 1.2B | |
Non Current Assets Total | 2.7B | 2.2B | 2.1B | 3.1B | 25.6B | 26.9B | |
Non Currrent Assets Other | (78.9M) | (130.7M) | (127.7M) | (132.8M) | (3.1B) | (3.0B) | |
Other Assets | 13.9B | 17.0B | 20.9B | 20.2B | (2.7B) | (2.6B) | |
Cash And Short Term Investments | 1.6B | 1.2B | 857.4M | 1.8B | 1.2B | 591.6M | |
Common Stock Shares Outstanding | 58.6M | 69.4M | 69.8M | 69.4M | 69.1M | 72.6M | |
Liabilities And Stockholders Equity | 18.2B | 20.4B | 23.9B | 25.1B | 25.3B | 26.6B | |
Other Stockholder Equity | 1.9B | 1.9B | 1.9B | 1.9B | 1.9B | 1.9B | |
Total Liab | 1.5B | 549.5M | 866.2M | 21.9B | 21.9B | 23.0B | |
Property Plant And Equipment Gross | 233.1M | 222.9M | 325.8M | 333.1M | 337.8M | 354.7M | |
Total Current Assets | 1.6B | 1.2B | 857.4M | 1.8B | 2.4B | 2.4B | |
Short Long Term Debt Total | 1.6B | 574.3M | 884.1M | 2.0B | 639.9M | 345.3M | |
Total Current Liabilities | 14.6B | 16.6B | 9.3B | 9.2B | 9.8B | 10.3B | |
Short Term Debt | 1.2B | 24.8M | 17.9M | 11.3M | 11.2M | 10.7M | |
Non Current Liabilities Total | 1.5B | 549.5M | 866.2M | 21.9B | 12.1B | 12.7B | |
Accumulated Other Comprehensive Income | 18.0M | 33.5M | 15.6M | (46.5M) | (35.9M) | (34.1M) | |
Other Current Liab | 13.5B | 16.6B | 9.2B | 9.2B | 9.8B | 6.1B | |
Other Current Assets | 641.6M | 2.1B | 4.1B | 1.2B | 1.3B | 2.3B | |
Common Stock Total Equity | 49.0M | 71.5M | 71.8M | 72.0M | 82.8M | 87.0M | |
Common Stock | 71.5M | 71.8M | 72.0M | 72.3M | 72.5M | 76.1M | |
Other Liab | 152.3M | 272.6M | 354.3M | 319.4M | 367.3M | 385.7M | |
Accounts Payable | 14.0B | 17.0B | 19.7B | 19.5B | 22.4B | 23.5B | |
Long Term Debt | 1.5B | 549.5M | 866.2M | 2.0B | 639.9M | 387.2M | |
Short Term Investments | 1.4B | 982.9M | 592.6M | 1.5B | (316.7M) | (300.9M) | |
Inventory | 19.5M | 12.4M | 3.9M | 843K | 969.5K | 921.0K | |
Treasury Stock | (16.6M) | (35.0M) | (43.0M) | (52.4M) | (47.2M) | (44.8M) | |
Intangible Assets | 91.6M | 72.0M | 125.9M | 106.2M | 87.9M | 92.3M | |
Property Plant Equipment | 272.4M | 222.9M | 225.4M | 276.6M | 318.1M | 334.0M | |
Good Will | 931.6M | 928.0M | 1.0B | 1.0B | 1.2B | 1.2B | |
Net Tangible Assets | 1.4B | 1.6B | 1.8B | 2.1B | 2.4B | 2.5B | |
Retained Earnings Total Equity | 273.1M | 377.1M | 671.5M | 1.0B | 1.2B | 1.2B | |
Long Term Debt Total | 241.0M | 397.2M | 549.5M | 866.2M | 996.1M | 1.0B | |
Capital Surpluse | 1.1B | 1.9B | 1.9B | 1.9B | 2.2B | 2.3B |
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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 Ameris Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ameris 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 Ameris Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ameris Bancorp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameris Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ameris Stock refer to our How to Trade Ameris Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 Ameris Bancorp. If investors know Ameris 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 Ameris 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 0.241 | Dividend Share 0.6 | Earnings Share 4.78 | Revenue Per Share 15.214 | Quarterly Revenue Growth 0.127 |
The market value of Ameris Bancorp is measured differently than its book value, which is the value of Ameris that is recorded on the company's balance sheet. Investors also form their own opinion of Ameris Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Ameris 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 Ameris Bancorp's market value can be influenced by many factors that don't directly affect Ameris 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 Ameris Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameris Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameris 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.