Horizon Total Assets vs Other Stockholder Equity Analysis
HBNC Stock | USD 18.55 0.00 0.00% |
Horizon Bancorp financial indicator trend analysis is much more than just examining Horizon Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horizon Bancorp is a good investment. Please check the relationship between Horizon Bancorp Total Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon 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 board of governors. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.
Total Assets vs Other Stockholder Equity
Total Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Bancorp Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Horizon Bancorp's Total Assets and Other Stockholder Equity is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Horizon Bancorp, assuming nothing else is changed. The correlation between historical values of Horizon Bancorp's Total Assets and Other Stockholder Equity 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 Horizon Bancorp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Horizon Bancorp's Total Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Horizon 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 Horizon 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.Other Stockholder Equity
Most indicators from Horizon Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Horizon 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 Horizon 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 board of governors. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.At present, Horizon Bancorp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.07.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 18.3M | 36.5M | 146.3M | 153.6M | Depreciation And Amortization | 9.8M | 10.8M | 3.6M | 4.3M |
Horizon Bancorp fundamental ratios Correlations
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Horizon Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Horizon Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.9B | 7.4B | 7.9B | 7.9B | 8.3B | |
Short Long Term Debt Total | 827.2M | 650.0M | 771.8M | 1.9B | 1.5B | 1.5B | |
Total Current Liabilities | 3.1M | 2.7M | 2.2M | 5.4M | 1.1B | 1.2B | |
Total Stockholder Equity | 656.0M | 692.2M | 723.2M | 677.4M | 718.8M | 754.8M | |
Property Plant And Equipment Net | 92.2M | 92.4M | 93.4M | 92.7M | 94.6M | 99.3M | |
Net Debt | 498.8M | 331.5M | 173.5M | 1.1B | 2.0B | 2.1B | |
Retained Earnings | 269.7M | 301.4M | 363.7M | 429.4M | 429.0M | 450.5M | |
Cash | 107.3M | 258.7M | 598.3M | 126.3M | (519.4M) | (493.4M) | |
Non Current Assets Total | 1.3B | 1.6B | 3.0B | 3.3B | 7.4B | 7.7B | |
Non Currrent Assets Other | (1.3B) | (1.6B) | (3.0B) | (3.3B) | 209.6M | 220.1M | |
Other Assets | 3.0B | 2.9B | 2.6B | 3.4B | 1.0 | 0.95 | |
Cash And Short Term Investments | 948.4M | 1.4B | 1.8B | 1.1B | (519.4M) | (493.4M) | |
Net Receivables | 18.8M | 21.4M | 26.1M | 35.3M | 38.7M | 40.6M | |
Common Stock Shares Outstanding | 43.6M | 44.1M | 44.0M | 43.7M | 43.8M | 25.8M | |
Liabilities And Stockholders Equity | 5.2B | 5.9B | 7.4B | 7.9B | 7.9B | 8.3B | |
Non Current Liabilities Total | 606.1M | 590.2M | 771.8M | 5.4M | 6.1B | 6.4B | |
Other Stockholder Equity | 379.9M | 362.9M | 352.1M | 354.2M | 356.4M | 374.2M | |
Total Liab | 4.6B | 5.2B | 6.6B | 7.2B | 7.2B | 7.6B | |
Property Plant And Equipment Gross | 92.2M | 92.4M | 147.7M | 151.3M | 158.8M | 166.8M | |
Total Current Assets | 967.2M | 1.4B | 1.8B | 1.2B | 561.8M | 1.1B | |
Accumulated Other Comprehensive Income | 6.4M | 27.9M | 7.3M | (106.2M) | (66.6M) | (63.3M) | |
Short Term Debt | 485.6M | 277.4M | 175.0M | 742.7M | 652.9M | 685.5M | |
Other Liab | 32.1M | 70.4M | 55.2M | 30.4M | 35.0M | 19.8M | |
Accounts Payable | 3.1M | 2.7M | 2.2M | 5.4M | 22.2M | 23.4M | |
Long Term Debt | 549.7M | 475M | 771.8M | 1.3B | 899.8M | 944.8M | |
Short Term Investments | 841.1M | 1.1B | 1.2B | 997.6M | 547.3M | 490.5M | |
Inventory | (126.1M) | (280.1M) | (628.0M) | (163.8M) | 480.7M | 504.7M | |
Property Plant Equipment | 92.2M | 92.4M | 93.4M | 92.7M | 106.6M | 111.9M | |
Other Current Liab | (3.1M) | (2.7M) | (2.2M) | (5.4M) | 1.1B | 1.2B | |
Intangible Assets | 26.7M | 23.9M | 20.9M | 17.2M | 13.6M | 9.3M | |
Other Current Assets | 126.1M | 280.1M | 628.0M | 163.8M | 561.8M | 798.2M | |
Net Tangible Assets | 478.1M | 518.0M | 547.7M | 504.9M | 580.7M | 338.2M | |
Retained Earnings Total Equity | 269.7M | 301.4M | 363.7M | 429.4M | 493.8M | 518.5M | |
Long Term Debt Total | 549.7M | 475M | 675.8M | 1.1B | 1.3B | 1.4B | |
Capital Surpluse | 379.9M | 362.9M | 352.1M | 354.2M | 407.3M | 220.9M | |
Long Term Investments | 212.0M | 1.3B | 2.7B | 3.0B | 2.5B | 2.6B | |
Non Current Liabilities Other | 107.0M | 185.6M | 170.7M | 189.0M | 217.4M | 228.3M |
Also Currently Popular
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 Horizon Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon 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 Horizon Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Bancorp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon 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 board of governors. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Horizon Bancorp. If investors know Horizon 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 Horizon 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 0.108 | Dividend Share 0.64 | Earnings Share 0.48 | Revenue Per Share 4.205 | Quarterly Revenue Growth 0.069 |
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon 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 Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon 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 Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon 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.