ESSA Total Assets vs Property Plant And Equipment Gross Analysis
ESSA Stock | USD 20.30 0.15 0.74% |
ESSA Bancorp financial indicator trend analysis is much more than just examining ESSA Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESSA Bancorp is a good investment. Please check the relationship between ESSA Bancorp Total Assets and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
Total Assets vs Property Plant And Equipment Gross
Total Assets vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESSA Bancorp Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ESSA Bancorp's Total Assets and Property Plant And Equipment Gross is 0.54. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of ESSA Bancorp, assuming nothing else is changed. The correlation between historical values of ESSA Bancorp's Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of ESSA Bancorp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., ESSA Bancorp's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of ESSA Bancorp 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 ESSA Bancorp 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.Property Plant And Equipment Gross
Most indicators from ESSA Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESSA Bancorp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.62, whereas Selling General Administrative is forecasted to decline to about 22 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 68.2M | 69.3M | 111.6M | 117.1M | Interest Expense | 3.0M | 23.9M | 11.9M | 12.3M |
ESSA Bancorp fundamental ratios Correlations
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ESSA Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESSA Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 1.9B | 1.9B | 2.3B | 2.2B | 1.5B | |
Total Stockholder Equity | 191.4M | 201.8M | 212.3M | 219.7M | 230.4M | 173.8M | |
Property Plant And Equipment Net | 14.2M | 13.6M | 13.1M | 12.9M | 11.3M | 14.1M | |
Net Debt | (30.0M) | (152.6M) | 202.9M | 289.3M | 290M | 219.3M | |
Cash | 155.9M | 158.9M | 27.9M | 85.4M | 98.2M | 103.1M | |
Non Current Assets Total | 241.3M | 290.0M | 293.1M | 413.1M | 2.1B | 2.2B | |
Non Currrent Assets Other | (6.0M) | (4.6M) | (5.4M) | (6.9M) | 2.1B | 2.2B | |
Other Assets | 1.3B | 1.2B | 1.3B | 1.5B | 1.7B | 1.2B | |
Cash And Short Term Investments | 368.4M | 399.5M | 236.6M | 419.5M | 482.4M | 506.5M | |
Common Stock Shares Outstanding | 10.3M | 9.9M | 9.8M | 9.7M | 9.5M | 10.1M | |
Liabilities And Stockholders Equity | 1.9B | 1.9B | 1.9B | 2.3B | 2.2B | 1.5B | |
Other Stockholder Equity | 82.7M | 76.6M | 75.9M | 77.2M | 78.9M | 73.3M | |
Total Liab | 1.7B | 1.7B | 1.6B | 374.7M | 2.0B | 1.2B | |
Property Plant And Equipment Gross | 14.2M | 36.0M | 36.1M | 36.8M | 42.3M | 44.4M | |
Total Current Assets | 368.4M | 399.5M | 236.6M | 419.5M | 51.8M | 49.2M | |
Short Long Term Debt Total | 125.9M | 6.4M | 230.8M | 374.7M | 290M | 220.0M | |
Total Current Liabilities | 111.7M | 1.4B | 230.8M | 374.7M | 280M | 188.0M | |
Other Liab | 17.8M | 18.4M | 23.5M | 23.2M | 26.7M | 15.6M | |
Retained Earnings | 112.6M | 124.3M | 139.1M | 151.9M | 163.5M | 98.1M | |
Accounts Payable | 1.3B | 1.5B | 1.6B | 1.4B | 1.6B | 1.0B | |
Net Receivables | 1.4B | 1.3B | 1.4B | 1.7B | 1.9B | 1.1B | |
Short Term Investments | 212.5M | 240.6M | 208.6M | 334.1M | 384.2M | 289.6M | |
Non Current Liabilities Total | 14.2M | 267.8M | 230.8M | 1.7B | 1.7B | 1.8B | |
Inventory | (1.6B) | (1.5B) | (1.5B) | (1.8B) | (1.6B) | (1.7B) | |
Accumulated Other Comprehensive Income | (4.1M) | 682K | (2.9M) | (9.5M) | (12.1M) | (11.5M) | |
Short Term Debt | 111.7M | 813K | 230.8M | 374.7M | 280M | 294M | |
Intangible Assets | 791K | 520K | 281K | 91K | 104.7K | 99.4K | |
Property Plant Equipment | 14.6M | 14.5M | 13.6M | 13.2M | 15.1M | 16.1M | |
Treasury Stock | (85.2M) | (91.5M) | (98.1M) | (99.8M) | (89.8M) | (94.3M) | |
Other Current Liab | (111.7M) | 1.4B | (230.8M) | (374.7M) | (337.2M) | (320.3M) | |
Net Tangible Assets | 174.6M | 176.8M | 187.5M | 198.3M | 228.0M | 185.2M | |
Retained Earnings Total Equity | 102.5M | 112.6M | 124.3M | 139.1M | 160.0M | 102.4M | |
Capital Surpluse | 181.2M | 181.5M | 181.7M | 182.2M | 209.5M | 198.5M | |
Other Current Assets | 156.2M | 159.4M | 28.0M | 88.7M | 51.8M | 49.2M | |
Long Term Investments | 1.6B | 262.1M | 265.9M | 386.3M | 347.7M | 330.3M |
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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 ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp'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 Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 ESSA Bancorp. If investors know ESSA 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 ESSA Bancorp 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 (0.06) | Dividend Share 0.6 | Earnings Share 1.78 | Revenue Per Share 7.127 | Quarterly Revenue Growth (0.04) |
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp'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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp'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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp'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.