Bank Good Will vs Total Assets Analysis
BPRN Stock | USD 37.17 0.29 0.79% |
Bank Of Princeton financial indicator trend analysis is way more than just evaluating Bank Of Princeton prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank Of Princeton is a good investment. Please check the relationship between Bank Of Princeton Good Will and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Princeton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Princeton guide.
Good Will vs Total Assets
Good Will vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank Of Princeton Good Will account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bank Of Princeton's Good Will and Total Assets is -0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bank Of Princeton, assuming nothing else is changed. The correlation between historical values of Bank Of Princeton's Good Will 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 Good Will of Bank Of Princeton 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 Good Will i.e., Bank Of Princeton's Good Will and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Assets
Total assets refers to the total amount of Bank Of Princeton 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 Bank Of Princeton 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 Bank Of Princeton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank Of Princeton 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 Bank Of Princeton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Princeton guide.As of the 26th of November 2024, Selling General Administrative is likely to drop to about 19.9 M. In addition to that, Tax Provision is likely to drop to about 5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.7M | 6M | 33.2M | 34.8M | Depreciation And Amortization | 2.0M | 2.1M | 2.0M | 1.4M |
Bank Of Princeton fundamental ratios Correlations
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Bank Of Princeton Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank Of Princeton fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.6B | 1.7B | 1.6B | 1.9B | 1.4B | |
Other Current Liab | (3.9M) | (2.5M) | (1.0M) | (1.0M) | (33.4M) | (31.8M) | |
Total Current Liabilities | 3.9M | 2.5M | 1.0M | 16.8M | 1.4B | 1.5B | |
Total Stockholder Equity | 195.9M | 208.8M | 216.6M | 219.6M | 240.2M | 168.1M | |
Property Plant And Equipment Net | 25.3M | 31.1M | 30.5M | 27.7M | 37.9M | 39.7M | |
Retained Earnings | 82.3M | 93.4M | 111.5M | 131.5M | 149.4M | 76.5M | |
Accounts Payable | 3.9M | 2.5M | 1.0M | 1.0M | 9.2M | 9.6M | |
Non Current Assets Total | 150.5M | 118.9M | 143.1M | 46.0M | 1.8B | 1.9B | |
Non Currrent Assets Other | (8.4M) | (10.7M) | (10.7M) | (83.6M) | 1.6B | 1.7B | |
Common Stock Total Equity | 33.3M | 33.8M | 33.9M | 34.5M | 39.7M | 31.2M | |
Common Stock Shares Outstanding | 6.9M | 6.9M | 6.8M | 6.4M | 6.4M | 6.4M | |
Liabilities And Stockholders Equity | 1.5B | 1.6B | 1.7B | 1.6B | 1.9B | 1.4B | |
Other Current Assets | 76.2M | 82.3M | 163.2M | (41.2M) | 156.6M | 201.2M | |
Other Stockholder Equity | 79.2M | 79.7M | 70.2M | 61.8M | 98.3M | 63.6M | |
Total Liab | 1.3B | 1.4B | 1.5B | 1.4B | 1.7B | 1.2B | |
Property Plant And Equipment Gross | 25.3M | 31.1M | 35.8M | 33.2M | 44.8M | 47.0M | |
Total Current Assets | 188.5M | 158.0M | 117.4M | 1.5B | 150.6M | 143.0M | |
Accumulated Other Comprehensive Income | 630K | 1.8M | 839K | (8.3M) | (7.5M) | (7.1M) | |
Common Stock | 33.8M | 33.9M | 34.1M | 34.5M | 39.7M | 31.8M | |
Net Tangible Assets | 183.3M | 196.9M | 205.3M | 208.9M | 240.3M | 173.6M | |
Cash | 72.6M | 77.4M | 12.0M | 53.4M | 34.5M | 48.3M | |
Other Assets | 1.1B | 1.3B | 1.4B | 101.5M | 116.8M | 110.9M | |
Inventory | (76.2M) | (82.3M) | (163.2M) | 1.4B | (1.7B) | (1.6B) | |
Long Term Investments | 112.5M | 75.8M | 101.4M | 83.6M | 99.8M | 87.6M | |
Short Term Debt | 2.1M | 2.5M | 2.3M | 16.8M | 24.3M | 27.8M | |
Property Plant Equipment | 25.3M | 31.1M | 30.5M | 11.7M | 13.5M | 15.0M | |
Short Long Term Debt Total | 15.0M | 19.0M | 18.6M | 26.8M | 24.3M | 34.4M | |
Other Liab | 2.4M | 2.2M | 5.3M | 25.0M | 28.7M | 30.1M | |
Net Debt | (57.6M) | (58.4M) | 6.5M | (43.4M) | (10.3M) | (10.8M) | |
Cash And Short Term Investments | 184.9M | 153.1M | 113.2M | 136.8M | 150.6M | 119.5M | |
Net Receivables | 3.6M | 4.9M | 4.2M | 4.8M | 6.1M | 4.5M | |
Short Term Investments | 112.3M | 75.6M | 101.2M | 83.4M | 91.4M | 81.1M | |
Non Current Liabilities Total | 15.0M | 19.0M | 18.6M | 1.4B | 1.7B | 1.8B | |
Capital Surpluse | 76.4M | 77.9M | 79.2M | 81.3M | 93.5M | 69.3M | |
Capital Stock | 33.8M | 33.9M | 34.1M | 34.5M | 39.7M | 37.3M |
Pair Trading with Bank Of Princeton
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 Bank Of Princeton 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 Bank Of Princeton will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bank Of Princeton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Of Princeton 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 Bank Of Princeton - 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 Bank Of Princeton to buy it.
The correlation of Bank Of Princeton 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 Bank Of Princeton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Of Princeton 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 Bank Of Princeton 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 Bank Of Princeton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Princeton guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 Bank Of Princeton. If investors know Bank 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 Bank Of Princeton 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 (0.25) | Dividend Share 1.2 | Earnings Share 1.59 | Revenue Per Share 10.528 | Quarterly Revenue Growth (0.24) |
The market value of Bank Of Princeton is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank Of Princeton's value that differs from its market value or its book value, called intrinsic value, which is Bank Of Princeton'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 Bank Of Princeton's market value can be influenced by many factors that don't directly affect Bank Of Princeton'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 Bank Of Princeton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank Of Princeton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank Of Princeton'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.