Banc Cash vs Other Current Liab Analysis
BANC Stock | USD 16.95 0.59 3.61% |
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 Cash and its Other Current Liab 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.
Cash vs Other Current Liab
Cash vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banc of California, Cash account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Banc Of's Cash and Other Current Liab is -0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab 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 Cash and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Banc of California, are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., Banc Of's Cash and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Banc of California,, which is listed under current asset account on Banc of California, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Banc Of customers. The amounts must be unrestricted with restricted cash listed in a different Banc Of 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.Other Current Liab
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 present, Banc Of's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 272.7M | 331.7M | 278.4M | 176.2M | Total Revenue | 272.7M | 331.7M | 278.4M | 178.7M |
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) | ||
Total Assets | 7.8B | 7.9B | 9.4B | 9.2B | 38.5B | 40.5B | |
Short Long Term Debt Total | 1.4B | 816.8M | 816.1M | 1.0B | 3.8B | 4.0B | |
Total Stockholder Equity | 907.2M | 897.2M | 1.1B | 959.6M | 3.4B | 3.6B | |
Other Liab | 10.3M | 5.5M | 4.3M | 34.2M | 39.3M | 41.3M | |
Net Debt | 1.0B | 595.9M | 588.0M | 773.4M | (1.5B) | (1.5B) | |
Retained Earnings | 127.7M | 110.2M | 147.9M | 249.0M | (518.3M) | (492.4M) | |
Accounts Payable | 95.7M | 72.1M | 7.4B | (5.8B) | (5.2B) | (5.0B) | |
Cash | 373.5M | 220.8M | 228.1M | 228.9M | 5.4B | 5.6B | |
Other Assets | 5.4B | 5.0B | 6.3B | 6.7B | (5.6B) | (5.3B) | |
Long Term Debt | 173.4M | 256.3M | 775.4M | 1.0B | 1.1B | 1.1B | |
Cash And Short Term Investments | 1.3B | 1.5B | 1.5B | 1.1B | 6.1B | 6.4B | |
Common Stock Shares Outstanding | 119.0M | 116.9M | 117.3M | 143.0M | 85.4M | 64.0M | |
Short Term Investments | 912.6M | 1.2B | 1.3B | 868.3M | 734.6M | 632.5M | |
Liabilities And Stockholders Equity | 7.8B | 7.9B | 9.4B | 9.2B | 38.5B | 40.5B | |
Non Current Liabilities Total | 1.4B | 816.8M | 816.1M | 8.2B | 35.1B | 36.9B | |
Other Stockholder Equity | 601.1M | 593.9M | 814.0M | 2.8B | 3.8B | 4.0B | |
Total Liab | 1.4B | 816.8M | 8.3B | 8.2B | 35.1B | 36.9B | |
Total Current Assets | 1.3B | 1.5B | 1.6B | 1.1B | 11.7B | 12.3B | |
Property Plant Equipment | 128.0M | 121.5M | 148.3M | 136.1M | 156.5M | 164.4M | |
Property Plant And Equipment Net | 150.6M | 141.2M | 148.3M | 107.3M | 624.2M | 655.5M | |
Non Current Assets Total | 1.1B | 1.4B | 1.6B | 1.4B | 32.4B | 34.0B | |
Non Currrent Assets Other | (44.9M) | (46.0M) | (50.8M) | (50.5M) | (7.1B) | (6.8B) | |
Net Receivables | 4.2M | 1.1M | 8.0M | 247.0M | 172.8M | 164.2M | |
Property Plant And Equipment Gross | 150.6M | 141.2M | 148.3M | 177.6M | 719.0M | 754.9M | |
Accumulated Other Comprehensive Income | (11.9M) | 7.7M | 7.7M | (40.6M) | (432.1M) | (410.5M) | |
Other Current Liab | 4.4B | 5.1B | (25M) | 5.8B | (39.8M) | (37.8M) | |
Total Current Liabilities | 5.1B | 5.2B | 25M | 50.5M | (39.8M) | (37.8M) | |
Common Stock Total Equity | 523K | 525K | 527K | 651K | 748.7K | 786.1K | |
Short Term Debt | 645.7M | 140.6M | 25M | 28.7M | 39.8M | 37.8M | |
Common Stock | 525K | 527K | 651K | 656K | 1.7M | 1.8M | |
Inventory | (409.6M) | (251.4M) | (267.1M) | (7.3B) | 29.6M | 28.2M | |
Preferred Stock Total Equity | 231.1M | 189.8M | 184.9M | 95.0M | 109.2M | 143.1M | |
Other Current Assets | 409.6M | 251.4M | 267.1M | 282.6M | 5.6B | 5.9B | |
Net Tangible Assets | 676.1M | 672.6M | 869.6M | 837.8M | 963.4M | 582.2M | |
Retained Earnings Total Equity | 141.0M | 127.7M | 110.2M | 147.9M | 170.1M | 97.1M | |
Capital Surpluse | 625.8M | 629.8M | 634.7M | 854.9M | 983.1M | 539.5M | |
Intangible Assets | 6.5M | 4.1M | 7.7M | 7.5M | 165.5M | 173.8M |
Also Currently Popular
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 Banc of California, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banc Of'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 Banc Of California, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banc Of California, Stock: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. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 Banc Of. If investors know Banc 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 Banc Of 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 0.85 | Dividend Share 0.04 | Earnings Share (3.86) | Revenue Per Share 2.689 | Quarterly Revenue Growth 0.19 |
The market value of Banc of California, is measured differently than its book value, which is the value of Banc that is recorded on the company's balance sheet. Investors also form their own opinion of Banc Of's value that differs from its market value or its book value, called intrinsic value, which is Banc Of'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 Banc Of's market value can be influenced by many factors that don't directly affect Banc Of'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 Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banc Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of'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.