Affinity Historical Balance Sheet
AFBI Stock | USD 21.45 0.07 0.33% |
Trend analysis of Affinity Bancshares balance sheet accounts such as Other Liab of 2.3 M, Net Tangible Assets of 91.6 M or Retained Earnings of 62.4 M provides information on Affinity Bancshares' total assets, liabilities, and equity, which is the actual value of Affinity Bancshares to its prevalent stockholders. By breaking down trends over time using Affinity Bancshares balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Affinity Bancshares Inventory |
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About Affinity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Affinity Bancshares at a specified time, usually calculated after every quarter, six months, or one year. Affinity Bancshares Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Affinity Bancshares and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Affinity currently owns. An asset can also be divided into two categories, current and non-current.
Affinity Bancshares Balance Sheet Chart
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Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of Affinity Bancshares assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Affinity Bancshares books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash
Cash refers to the most liquid asset of Affinity Bancshares, which is listed under current asset account on Affinity Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Affinity Bancshares customers. The amounts must be unrestricted with restricted cash listed in a different Affinity Bancshares account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from Affinity Bancshares' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Affinity Bancshares current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Affinity Bancshares. 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 labor statistics. For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.As of now, Affinity Bancshares' Other Current Assets are increasing as compared to previous years. The Affinity Bancshares' current Property Plant Equipment is estimated to increase to about 5.5 M, while Net Tangible Assets are projected to decrease to under 91.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Liabilities | 2.4M | 2.5M | 2.2M | 2.3M | Total Current Liabilities | 3.3M | 7.0M | 154.7M | 162.4M |
Affinity Bancshares balance sheet Correlations
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Affinity Bancshares Account Relationship Matchups
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Affinity Bancshares balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 3.9M | 4.7M | 3.3M | 7.0M | 154.7M | 162.4M | |
Other Liab | 3.2M | 2.8M | 2.4M | 2.5M | 2.2M | 2.3M | |
Net Tangible Assets | 77.2M | 61.8M | 102.2M | 98.5M | 113.3M | 91.6M | |
Retained Earnings | 47.6M | 50.7M | 58.2M | 65.4M | 71.3M | 62.4M | |
Accounts Payable | 3.9M | 4.7M | 5.3M | 7.0M | 6.3M | 6.0M | |
Other Assets | 251.7M | 584.9M | 546.2M | 595.6M | 682.9M | 531.1M | |
Inventory | (48.3M) | (179.5M) | (115.3M) | 2.9M | 2.6M | 2.7M | |
Other Current Assets | 48.3M | 179.5M | 115.3M | 29.2M | 52.9M | 79.0M | |
Other Stockholder Equity | 29.5M | 29.9M | 63.0M | 58.3M | 56.4M | 42.9M | |
Total Current Assets | 54.9M | 212.6M | 168.3M | 99.1M | 50.0M | 47.5M | |
Property Plant Equipment | 8.5M | 8.6M | 3.8M | 4.3M | 3.8M | 5.5M |
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When determining whether Affinity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Affinity Bancshares' 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 Affinity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Affinity Bancshares Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affinity Bancshares. 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 labor statistics. For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Affinity Bancshares. If investors know Affinity 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 Affinity Bancshares 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 0.04 | Earnings Share 0.85 | Revenue Per Share 4.772 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0065 |
The market value of Affinity Bancshares is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Affinity Bancshares' 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 Affinity Bancshares' market value can be influenced by many factors that don't directly affect Affinity Bancshares' 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 Affinity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity Bancshares' 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.