| BANC-PF Stock | | | 24.56 0.06 0.24% |
Banc Of financial indicator trend analysis is way more than just evaluating Banc of California prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banc of California is a good investment. Please check the relationship between Banc Of Capex To Depreciation and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Banc of California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Capex To Depreciation vs Price To Sales Ratio
Capex To Depreciation vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Banc of California Capex To Depreciation account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Banc Of's Capex To Depreciation and Price To Sales Ratio is -0.09. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Banc of California, assuming nothing else is changed. The correlation between historical values of Banc Of's Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Banc of California are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Banc Of's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Banc of California stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Banc Of sales, a figure that is much harder to manipulate than other Banc of California multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Banc Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banc of California 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 Banc of California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Banc Of's
Selling General Administrative is most likely to increase significantly in the upcoming years. The Banc Of's current
Sales General And Administrative To Revenue is estimated to increase to 1.25, while
Tax Provision is forecasted to increase to (266.9
M).
Banc Of fundamental ratios Correlations
Click cells to compare fundamentals
Banc Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banc Of fundamental ratios Accounts
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
| Net Debt | | 595.9M | 588.0M | 773.4M | (1.5B) | (1.4B) | (1.3B) |
Currently Active Assets on Macroaxis
Other Information on Investing in Banc Stock
Balance Sheet is a snapshot of the
financial position of Banc of California at a specified time, usually calculated after every quarter, six months, or one year. Banc Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Banc Of 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 Banc currently owns. An asset can also be divided into two categories, current and non-current.