BankFinancial Other Assets vs Other Current Assets Analysis
BFIN Stock | USD 13.38 0.15 1.13% |
BankFinancial financial indicator trend analysis is way more than just evaluating BankFinancial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BankFinancial is a good investment. Please check the relationship between BankFinancial Other Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BankFinancial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in BankFinancial Stock, please use our How to Invest in BankFinancial guide.
Other Assets vs Other Current Assets
Other Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BankFinancial Other Assets account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BankFinancial's Other Assets and Other Current Assets is 0.89. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of BankFinancial, assuming nothing else is changed. The correlation between historical values of BankFinancial's Other Assets and Other Current 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 Other Assets of BankFinancial are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Assets i.e., BankFinancial's Other Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Assets
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from BankFinancial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BankFinancial 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 BankFinancial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in BankFinancial Stock, please use our How to Invest in BankFinancial guide.At this time, BankFinancial's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 3.6 M, though Enterprise Value is likely to grow to (4.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 49.5M | 56.8M | 55.9M | 56.6M | Interest Expense | 2.8M | 4.5M | 14.3M | 13.5M |
BankFinancial fundamental ratios Correlations
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BankFinancial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BankFinancial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.6B | 1.7B | 1.6B | 1.5B | 1.7B | |
Short Long Term Debt Total | 61K | 4M | 24.6M | 20.9M | 44.7M | 68.1M | |
Total Stockholder Equity | 174.4M | 172.9M | 157.5M | 151.7M | 155.4M | 156.7M | |
Net Debt | (190.3M) | (499.5M) | (477.6M) | (47.1M) | (133.8M) | (127.1M) | |
Non Currrent Assets Other | (9.1M) | (7.8M) | (110.7M) | (210.3M) | (193.1M) | (183.4M) | |
Other Assets | 1.1B | 1.0B | 997.4M | 311.4M | 1.1B | 1.2B | |
Common Stock Shares Outstanding | 15.6M | 15.0M | 14.0M | 13.1M | 12.6M | 15.6M | |
Liabilities And Stockholders Equity | 1.5B | 1.6B | 1.7B | 1.6B | 1.5B | 1.7B | |
Non Current Liabilities Total | 61K | 4M | 24.6M | 20.2M | 1.3B | 1.4B | |
Other Stockholder Equity | 112.4M | 107.8M | 90.7M | 85.8M | 83.5M | 121.5M | |
Total Liab | 1.3B | 1.4B | 1.5B | 1.4B | 1.3B | 1.5B | |
Intangible Assets | 286K | 102K | 41K | 7K | 6.3K | 6.0K | |
Other Liab | 10.2M | 26.4M | 30.2M | 8.7M | 7.8M | 7.4M | |
Retained Earnings | 61.6M | 64.8M | 66.5M | 71.8M | 74.4M | 50.1M | |
Accounts Payable | 18.6M | 17.7M | 22.2M | 20.2M | 18.2M | 17.3M | |
Cash | 190.3M | 503.5M | 502.2M | 66.8M | 178.5M | 156.5M | |
Long Term Debt | 61K | 4M | 24.6M | 19.6M | 44.7M | 27.8M | |
Short Term Investments | 60.2M | 23.8M | 85.7M | 210.3M | 182.7M | 116.9M | |
Inventory | (195.1M) | (507.6M) | (507.5M) | 879.8M | (1.1B) | (1.0B) | |
Property Plant Equipment | 24.3M | 24.7M | 25.0M | 25.0M | 22.5M | 25.2M | |
Other Current Liab | (18.6M) | (34.4M) | (27.2M) | (20.2M) | 864.5M | 907.7M | |
Total Current Liabilities | 18.6M | 17.7M | 27.2M | 20.2M | 895.6M | 940.4M | |
Property Plant And Equipment Net | 24.3M | 24.7M | 25.0M | 25.0M | 26.9M | 25.2M | |
Non Current Assets Total | 84.6M | 48.5M | 110.7M | 25.0M | 193.1M | 120.9M | |
Cash And Short Term Investments | 250.5M | 527.3M | 587.9M | 277.1M | 178.5M | 206.0M | |
Net Receivables | 4.6M | 3.9M | 4.6M | 7.3M | 7.5M | 4.8M | |
Other Current Assets | 195.1M | 507.6M | 507.5M | 74.6M | 189.3M | 179.9M | |
Property Plant And Equipment Gross | 24.3M | 24.7M | 59.3M | 61.1M | 57.8M | 39.9M | |
Total Current Assets | 255.1M | 531.3M | 592.5M | 1.2B | 178.5M | 169.6M | |
Accumulated Other Comprehensive Income | 226K | 213K | 80K | (6.1M) | (2.6M) | (2.8M) | |
Common Stock Total Equity | 153K | 148K | 132K | 127K | 114.3K | 155.3K | |
Common Stock | 153K | 148K | 132K | 127K | 125K | 152.4K | |
Short Term Debt | 967K | 4M | 5M | 1.2M | 31.1M | 21.6M | |
Net Tangible Assets | 174.4M | 172.9M | 157.5M | 151.7M | 136.5M | 147.3M | |
Retained Earnings Total Equity | 61.6M | 64.8M | 66.5M | 71.8M | 82.6M | 43.3M | |
Capital Surpluse | 112.4M | 107.8M | 90.7M | 85.8M | 77.3M | 120.9M | |
Long Term Investments | 60.2M | 1.0B | 85.7M | 210.3M | 182.7M | 167.0M | |
Non Current Liabilities Other | 28.8M | 26.4M | 30.2M | 28.9M | 33.2M | 27.8M |
Pair Trading with BankFinancial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BankFinancial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BankFinancial will appreciate offsetting losses from the drop in the long position's value.Moving together with BankFinancial Stock
0.73 | AX | Axos Financial | PairCorr |
0.71 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.65 | KB | KB Financial Group | PairCorr |
Moving against BankFinancial Stock
0.6 | TFC-PO | Truist Financial | PairCorr |
0.52 | CFG-PE | Citizens Financial | PairCorr |
0.51 | TFC-PR | Truist Financial | PairCorr |
The ability to find closely correlated positions to BankFinancial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BankFinancial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BankFinancial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BankFinancial to buy it.
The correlation of BankFinancial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BankFinancial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankFinancial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BankFinancial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BankFinancial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in BankFinancial Stock, please use our How to Invest in BankFinancial guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 BankFinancial. If investors know BankFinancial 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 BankFinancial 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 (0.15) | Dividend Share 0.4 | Earnings Share 0.63 | Revenue Per Share 4.355 | Quarterly Revenue Growth (0.10) |
The market value of BankFinancial is measured differently than its book value, which is the value of BankFinancial that is recorded on the company's balance sheet. Investors also form their own opinion of BankFinancial's value that differs from its market value or its book value, called intrinsic value, which is BankFinancial'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 BankFinancial's market value can be influenced by many factors that don't directly affect BankFinancial'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 BankFinancial's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankFinancial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankFinancial'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.