BancFirst Net Tangible Assets vs Total Assets Analysis

BANF Stock  USD 126.28  3.30  2.68%   
BancFirst financial indicator trend analysis is way more than just evaluating BancFirst prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BancFirst is a good investment. Please check the relationship between BancFirst Net Tangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BancFirst. 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.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BancFirst Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BancFirst's Net Tangible Assets and Total Assets is 0.83. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of BancFirst, assuming nothing else is changed. The correlation between historical values of BancFirst's Net Tangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of BancFirst are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., BancFirst's Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Total Assets

Total assets refers to the total amount of BancFirst 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 BancFirst 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.
Most indicators from BancFirst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BancFirst 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 BancFirst. 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.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.At this time, BancFirst's Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The BancFirst's current Enterprise Value Multiple is estimated to increase to 3.21, while Tax Provision is projected to decrease to roughly 43.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense11.4M46.1M199.5M209.5M
Depreciation And Amortization20.0M22.0M22.2M11.2M

BancFirst fundamental ratios Correlations

0.690.630.980.95-0.840.98-0.110.870.70.410.820.930.920.790.090.761.00.93-0.02-0.46-0.120.620.690.680.75
0.690.430.650.68-0.710.67-0.20.730.50.320.670.590.650.45-0.040.530.690.8-0.12-0.05-0.210.430.460.420.42
0.630.430.650.56-0.30.68-0.150.380.990.850.150.680.590.24-0.160.150.620.66-0.310.21-0.151.00.210.150.34
0.980.650.650.98-0.721.0-0.120.760.710.370.730.960.950.74-0.020.780.970.95-0.14-0.45-0.140.640.750.740.75
0.950.680.560.98-0.710.97-0.210.740.630.290.750.920.970.71-0.140.80.950.96-0.23-0.43-0.220.560.760.750.69
-0.84-0.71-0.3-0.72-0.71-0.730.08-0.99-0.39-0.28-0.91-0.65-0.65-0.8-0.36-0.65-0.85-0.7-0.30.50.09-0.3-0.49-0.48-0.61
0.980.670.681.00.97-0.73-0.120.770.740.410.740.970.950.71-0.030.750.980.96-0.15-0.41-0.140.680.730.710.73
-0.11-0.2-0.15-0.12-0.210.08-0.12-0.09-0.16-0.04-0.08-0.1-0.250.070.44-0.1-0.1-0.230.4-0.361.0-0.150.030.040.26
0.870.730.380.760.74-0.990.77-0.090.470.340.90.690.690.80.330.620.880.740.27-0.46-0.110.380.470.470.6
0.70.50.990.710.63-0.390.74-0.160.470.840.250.740.660.31-0.130.230.70.72-0.280.15-0.170.990.270.210.4
0.410.320.850.370.29-0.280.41-0.040.340.840.00.40.290.210.05-0.090.420.4-0.080.27-0.040.86-0.12-0.190.26
0.820.670.150.730.75-0.910.74-0.080.90.250.00.670.710.720.240.740.820.720.22-0.53-0.10.140.640.660.57
0.930.590.680.960.92-0.650.97-0.10.690.740.40.670.920.61-0.070.710.930.92-0.2-0.38-0.120.680.680.660.73
0.920.650.590.950.97-0.650.95-0.250.690.660.290.710.920.59-0.280.750.910.95-0.38-0.32-0.270.590.730.720.61
0.790.450.240.740.71-0.80.710.070.80.310.210.720.610.590.480.750.790.570.41-0.750.060.240.620.630.8
0.09-0.04-0.16-0.02-0.14-0.36-0.030.440.33-0.130.050.24-0.07-0.280.480.080.1-0.180.98-0.510.44-0.16-0.07-0.060.35
0.760.530.150.780.8-0.650.75-0.10.620.23-0.090.740.710.750.750.080.750.680.0-0.69-0.110.150.90.890.79
1.00.690.620.970.95-0.850.98-0.10.880.70.420.820.930.910.790.10.750.92-0.01-0.46-0.120.610.680.670.74
0.930.80.660.950.96-0.70.96-0.230.740.720.40.720.920.950.57-0.180.680.92-0.29-0.25-0.240.660.650.630.59
-0.02-0.12-0.31-0.14-0.23-0.3-0.150.40.27-0.28-0.080.22-0.2-0.380.410.980.0-0.01-0.29-0.470.41-0.31-0.13-0.090.21
-0.46-0.050.21-0.45-0.430.5-0.41-0.36-0.460.150.27-0.53-0.38-0.32-0.75-0.51-0.69-0.46-0.25-0.47-0.340.21-0.54-0.58-0.68
-0.12-0.21-0.15-0.14-0.220.09-0.141.0-0.11-0.17-0.04-0.1-0.12-0.270.060.44-0.11-0.12-0.240.41-0.34-0.150.010.030.25
0.620.431.00.640.56-0.30.68-0.150.380.990.860.140.680.590.24-0.160.150.610.66-0.310.21-0.150.210.140.34
0.690.460.210.750.76-0.490.730.030.470.27-0.120.640.680.730.62-0.070.90.680.65-0.13-0.540.010.210.990.7
0.680.420.150.740.75-0.480.710.040.470.21-0.190.660.660.720.63-0.060.890.670.63-0.09-0.580.030.140.990.68
0.750.420.340.750.69-0.610.730.260.60.40.260.570.730.610.80.350.790.740.590.21-0.680.250.340.70.68
Click cells to compare fundamentals

BancFirst Account Relationship Matchups

BancFirst fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.2B9.4B12.4B12.4B13.0B
Total Current Liabilities49.2M51.9M56.0M76.5M4.8B5.0B
Total Stockholder Equity1.0B1.1B1.2B1.3B1.4B1.5B
Property Plant And Equipment Net206.3M261.7M269.0M278.1M284.5M298.7M
Net Debt(1.8B)(1.6B)(2.0B)(3.1B)(2.3B)(2.2B)
Retained Earnings815.5M871.2M977.1M1.1B1.3B1.3B
Accounts Payable49.2M51.9M56.0M76.5M87.9M83.5M
Cash1.9B1.6B2.1B3.2B2.4B2.5B
Non Current Assets Total869.1M985.8M971.0M2.0B10.0B10.5B
Non Currrent Assets Other(22.3M)(31.7M)(26.5M)(55.0M)7.9B8.3B
Cash And Short Term Investments2.4B2.2B2.6B4.7B2.4B2.5B
Net Receivables202.9M220.6M234.0M301.6M346.8M364.1M
Good Will79.7M148.6M149.9M182.1M182.3M191.4M
Common Stock Shares Outstanding33.3M33.2M33.3M33.4M33.5M34.0M
Liabilities And Stockholders Equity8.6B9.2B9.4B12.4B12.4B13.0B
Other Current Assets1.9B1.7B2.1B3.2B2.5B2.7B
Other Stockholder Equity153.4M156.6M159.9M169.2M174.7M91.4M
Total Liab7.6B8.1B8.2B11.1B10.9B11.5B
Property Plant And Equipment Gross206.3M261.7M402.7M422.5M436.6M458.5M
Total Current Assets2.6B2.4B2.8B5.0B2.4B3.6B
Other Current Liab(49.2M)(51.9M)(56.0M)(76.5M)(5.4M)(5.1M)
Accumulated Other Comprehensive Income3.5M7.4M2.2M(71.6M)(50.0M)(47.5M)
Common Stock Total Equity32.7M32.7M32.6M32.9M37.8M19.7M
Common Stock32.7M32.7M32.6M32.9M32.9M20.3M
Other Assets5.1B5.8B5.6B5.4B6.2B5.7B
Short Term Investments489.7M552.2M531.5M1.5B1.6B1.6B
Inventory(1.9B)(1.7B)(2.1B)(3.2B)(2.9B)(2.8B)
Intangible Assets22.6M19.0M17.6M20.0M16.7M15.0M
Property Plant Equipment211.9M293.9M308.5M314.8M362.1M380.2M
Retained Earnings Total Equity815.5M871.2M977.1M1.1B1.3B660.0M
Net Tangible Assets833.8M899.0M978.6M1.0B1.2B831.9M
Capital Surpluse153.4M156.6M159.9M169.2M194.6M143.3M
Non Current Liabilities Other49.2M51.9M56.0M76.5M87.9M45.5M
Long Term Investments6.1B6.9B6.6B8.4B1.6B1.5B

Currently Active Assets on Macroaxis

When determining whether BancFirst is a strong investment it is important to analyze BancFirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BancFirst's future performance. For an informed investment choice regarding BancFirst Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BancFirst. 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.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 BancFirst. If investors know BancFirst 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 BancFirst 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
0.151
Dividend Share
1.75
Earnings Share
6.22
Revenue Per Share
18.438
Quarterly Revenue Growth
0.097
The market value of BancFirst is measured differently than its book value, which is the value of BancFirst that is recorded on the company's balance sheet. Investors also form their own opinion of BancFirst's value that differs from its market value or its book value, called intrinsic value, which is BancFirst'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 BancFirst's market value can be influenced by many factors that don't directly affect BancFirst'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 BancFirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if BancFirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BancFirst'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.