Glacier Cash vs Total Assets Analysis
GBCI Stock | USD 57.89 0.53 0.91% |
Glacier Bancorp financial indicator trend analysis is much more than just examining Glacier Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glacier Bancorp is a good investment. Please check the relationship between Glacier Bancorp Cash and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier 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 main economic indicators. For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glacier Bancorp Cash account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Glacier Bancorp's Cash and Total Assets is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Glacier Bancorp, assuming nothing else is changed. The correlation between historical values of Glacier Bancorp's Cash 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 Cash of Glacier Bancorp 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 Cash i.e., Glacier Bancorp's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Glacier Bancorp, which is listed under current asset account on Glacier Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Glacier Bancorp customers. The amounts must be unrestricted with restricted cash listed in a different Glacier Bancorp 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.Total Assets
Total assets refers to the total amount of Glacier 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 Glacier 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.Most indicators from Glacier Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glacier 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier 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 main economic indicators. For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.As of now, Glacier Bancorp's Selling General Administrative is increasing as compared to previous years. The Glacier Bancorp's current Tax Provision is estimated to increase to about 58.1 M, while Sales General And Administrative To Revenue is projected to decrease to 0.25.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 349.4M | 437.4M | 380.0M | 399.0M | Other Operating Expenses | 457.9M | 14.3M | 407.4M | 427.8M |
Glacier Bancorp fundamental ratios Correlations
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Glacier Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glacier Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 88.4M | 94.9M | 99.4M | 110.8M | 110.9M | 116.4M | |
Total Assets | 13.7B | 18.5B | 25.9B | 26.6B | 27.7B | 29.1B | |
Short Long Term Debt Total | 772.6M | 1.2B | 1.2B | 3.0B | 3.0B | 3.1B | |
Other Current Liab | (4.7M) | (3.3M) | (2.4M) | (4.3M) | (125.9M) | (119.6M) | |
Total Current Liabilities | 4.7M | 3.3M | 2.4M | 4.3M | 17.1B | 18.0B | |
Total Stockholder Equity | 2.0B | 2.3B | 3.2B | 2.8B | 3.0B | 3.2B | |
Property Plant And Equipment Net | 310.3M | 325.3M | 372.6M | 398.1M | 421.8M | 442.9M | |
Net Debt | (123.6M) | (460.1M) | (261.0M) | 1.6B | 1.6B | 1.7B | |
Retained Earnings | 541.1M | 667.9M | 810.3M | 967.0M | 1.0B | 1.1B | |
Accounts Payable | 4.7M | 3.3M | 2.4M | 4.3M | 125.9M | 132.2M | |
Cash | 331.0M | 633.1M | 437.7M | 402.0M | 1.4B | 1.4B | |
Non Current Assets Total | 3.6B | 6.4B | 11.8B | 10.5B | 26.4B | 27.7B | |
Non Currrent Assets Other | (2.0M) | (82.1M) | (27.7M) | (193.2M) | 16.6B | 17.4B | |
Other Assets | 7.1B | 6.0B | 4.5B | 10.3B | 33.5M | 31.8M | |
Cash And Short Term Investments | 2.9B | 6.0B | 9.6B | 5.7B | 1.4B | 1.6B | |
Net Receivables | 56.0M | 75.5M | 76.7M | 83.5M | 94.5M | 99.3M | |
Liabilities And Stockholders Equity | 13.7B | 18.5B | 25.9B | 26.6B | 27.7B | 29.1B | |
Non Current Liabilities Total | 207.3M | 196.9M | 176.7M | 4.3M | 24.7B | 26.0B | |
Other Stockholder Equity | 1.4B | 1.5B | 2.3B | 2.3B | 2.4B | 2.5B | |
Total Liab | 11.7B | 16.2B | 22.8B | 23.8B | 24.7B | 26.0B | |
Property Plant And Equipment Gross | 310.3M | 325.3M | 546.2M | 583.0M | 623.0M | 654.1M | |
Total Current Assets | 3.0B | 6.0B | 9.7B | 5.8B | 1.4B | 1.3B | |
Short Term Debt | 603.9M | 1.0B | 1.0B | 2.8B | 4.2B | 4.4B | |
Accumulated Other Comprehensive Income | 40.2M | 143.1M | 27.4M | (468.8M) | (374.1M) | (355.4M) | |
Other Current Assets | 392.2M | 710.4M | 514.4M | 485.6M | 1.5B | 2.3B | |
Common Stock Total Equity | 923K | 954K | 1.1M | 1.1M | 1.3M | 664.4K | |
Common Stock | 923K | 954K | 1.1M | 1.1M | 1.1M | 686.6K | |
Other Liab | 121.1M | 218.7M | 225.9M | 178.4M | 205.2M | 215.4M | |
Long Term Debt | 168.7M | 173.0M | 176.7M | 2.0B | 3.0B | 3.1B | |
Good Will | 289.6M | 456.4M | 514.0M | 985.4M | 1.1B | 1.2B | |
Short Term Investments | 2.6B | 5.3B | 9.2B | 5.3B | 4.8B | 2.5B | |
Inventory | (392.2M) | (710.4M) | (514.4M) | (485.6M) | (17.5B) | (16.6B) | |
Intangible Assets | 63.3M | 55.5M | 52.3M | 41.6M | 31.9M | 34.7M | |
Property Plant Equipment | 310.3M | 325.3M | 372.6M | 398.1M | 457.8M | 480.7M | |
Net Tangible Assets | 1.4B | 1.7B | 2.1B | 1.8B | 2.1B | 1.3B | |
Retained Earnings Total Equity | 541.1M | 667.9M | 810.3M | 967.0M | 1.1B | 1.2B | |
Long Term Debt Total | 168.7M | 173.0M | 176.7M | 210.1M | 241.6M | 165.6M | |
Capital Surpluse | 1.4B | 1.5B | 2.3B | 2.3B | 2.7B | 2.8B | |
Long Term Investments | 12.3B | 5.7B | 10.4B | 9.1B | 8.3B | 7.3B | |
Non Current Liabilities Other | 773.4M | 1.2B | 1.2B | 3.0B | 3.4B | 3.6B |
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When determining whether Glacier Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Glacier 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 Glacier Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Glacier Bancorp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier 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 main economic indicators. For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Glacier Bancorp. If investors know Glacier 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 Glacier 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 (0.04) | Dividend Share 1.32 | Earnings Share 1.62 | Revenue Per Share 6.934 | Quarterly Revenue Growth 0.074 |
The market value of Glacier Bancorp is measured differently than its book value, which is the value of Glacier that is recorded on the company's balance sheet. Investors also form their own opinion of Glacier Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Glacier 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 Glacier Bancorp's market value can be influenced by many factors that don't directly affect Glacier 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 Glacier Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glacier Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glacier 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.