HomeTrust Accounts Payable vs Inventory Analysis
HTBI Stock | USD 38.27 0.59 1.57% |
HomeTrust Bancshares financial indicator trend analysis is much more than just examining HomeTrust Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HomeTrust Bancshares is a good investment. Please check the relationship between HomeTrust Bancshares Accounts Payable and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HomeTrust Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in HomeTrust Stock please use our How to Invest in HomeTrust Bancshares guide.
Accounts Payable vs Inventory
Accounts Payable vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HomeTrust Bancshares Accounts Payable account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between HomeTrust Bancshares' Accounts Payable and Inventory is 0.18. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of HomeTrust Bancshares, assuming nothing else is changed. The correlation between historical values of HomeTrust Bancshares' Accounts Payable and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of HomeTrust Bancshares are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., HomeTrust Bancshares' Accounts Payable and Inventory go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents HomeTrust Bancshares obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of HomeTrust Bancshares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Inventory
Most indicators from HomeTrust Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HomeTrust Bancshares 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 HomeTrust Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in HomeTrust Stock please use our How to Invest in HomeTrust Bancshares guide.As of now, HomeTrust Bancshares' Sales General And Administrative To Revenue is decreasing as compared to previous years. The HomeTrust Bancshares' current Enterprise Value is estimated to increase to about 342.2 M, while Selling General Administrative is projected to decrease to under 56.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.3M | 29.7M | 34.2M | 17.2M | Depreciation And Amortization | 9.6M | 12.8M | 14.7M | 15.4M |
HomeTrust Bancshares fundamental ratios Correlations
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HomeTrust Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HomeTrust Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.7B | 3.5B | 3.5B | 4.7B | 5.4B | 3.1B | |
Short Long Term Debt Total | 475M | 115M | 8.4M | 210.2M | 241.8M | 325.0M | |
Total Current Liabilities | 1.9B | 2.4B | 11.5M | 200.3M | 230.3M | 218.8M | |
Total Stockholder Equity | 408.3M | 396.5M | 388.8M | 499.9M | 574.9M | 385.0M | |
Other Liab | 47.4M | 57.7M | 60.6M | 57.1M | 51.4M | 46.8M | |
Property Plant And Equipment Net | 58.5M | 70.9M | 69.1M | 73.2M | 84.1M | 55.6M | |
Net Debt | 297.7M | 23.9M | (120.3M) | (126.4M) | (145.4M) | (138.1M) | |
Retained Earnings | 242.8M | 240.1M | 270.3M | 333.4M | 383.4M | 219.2M | |
Accounts Payable | 2.3B | 2.8B | 3.0B | (2.8B) | (2.5B) | (2.4B) | |
Cash | 177.3M | 91.1M | 128.7M | 336.6M | 303.0M | 161.2M | |
Non Current Assets Total | 556.6M | 466.7M | 429.0M | 3.8B | 4.4B | 4.6B | |
Non Currrent Assets Other | (16.3M) | (16.9M) | (11.5M) | (284.9M) | (256.4M) | (243.6M) | |
Other Assets | 2.8B | 2.8B | 4.0B | 360.6M | 414.7M | 394.0M | |
Long Term Debt | 1.9M | 475M | 115M | 467.2M | 537.3M | 564.2M | |
Cash And Short Term Investments | 304.8M | 247.6M | 255.6M | 488.6M | 561.9M | 354.5M | |
Net Receivables | 12.3M | 7.9M | 8.6M | 14.8M | 17.1M | 10.2M | |
Common Stock Shares Outstanding | 17.3M | 16.5M | 15.8M | 15.8M | 14.2M | 14.8M | |
Short Term Investments | 127.5M | 156.5M | 127.0M | 151.9M | 174.7M | 162.0M | |
Liabilities And Stockholders Equity | 3.7B | 3.5B | 3.5B | 4.6B | 5.3B | 3.1B | |
Non Current Liabilities Total | 475M | 115M | 3.1B | 337.3M | 387.9M | 570.6M | |
Inventory | (494.9M) | (288.8M) | 200K | (351.5M) | (316.3M) | (300.5M) | |
Other Stockholder Equity | 163.3M | 154.8M | 120.8M | 172.4M | 198.2M | 165.7M | |
Total Liab | 475M | 115M | 3.2B | 4.1B | 4.8B | 5.0B | |
Property Plant And Equipment Gross | 58.5M | 70.9M | 109.3M | 121.8M | 140.0M | 147.0M | |
Total Current Assets | 317.2M | 255.5M | 3.1B | 503.4M | 578.9M | 550.0M | |
Accumulated Other Comprehensive Income | 2.0M | 1.5M | (2.4M) | (6.0M) | (5.4M) | (5.2M) | |
Short Term Debt | 1.4M | 116.5M | 1.6M | 200.3M | 180.2M | 199.4M | |
Property Plant Equipment | 86.7M | 70.9M | 69.1M | 104.6M | 120.3M | 63.0M | |
Other Current Liab | 1.8B | 2.3B | 2.8B | (200.3M) | (230.3M) | (218.8M) | |
Net Tangible Assets | 380.8M | 381.5M | 370.5M | 363.1M | 417.6M | 383.6M | |
Retained Earnings Total Equity | 224.5M | 242.8M | 240.1M | 270.3M | 310.8M | 200.1M | |
Capital Surpluse | 190.3M | 169.6M | 160.6M | 126.1M | 145.0M | 195.9M | |
Other Current Assets | 494.9M | 288.8M | 2.9B | 351.5M | 404.2M | 384.0M | |
Long Term Investments | 166.5M | 180.2M | 334.2M | 166.9M | 150.2M | 142.7M | |
Non Current Liabilities Other | 738.1M | 528.8M | 172.7M | 60.6M | 69.7M | 66.2M |
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When determining whether HomeTrust Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HomeTrust Bancshares' 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 Hometrust Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hometrust Bancshares Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HomeTrust Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in HomeTrust Stock please use our How to Invest in HomeTrust Bancshares guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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 HomeTrust Bancshares. If investors know HomeTrust 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 HomeTrust Bancshares 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 (0.13) | Dividend Share 0.76 | Earnings Share 2.97 | Revenue Per Share 10.977 | Quarterly Revenue Growth (0.02) |
The market value of HomeTrust Bancshares is measured differently than its book value, which is the value of HomeTrust that is recorded on the company's balance sheet. Investors also form their own opinion of HomeTrust Bancshares' value that differs from its market value or its book value, called intrinsic value, which is HomeTrust Bancshares' 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 HomeTrust Bancshares' market value can be influenced by many factors that don't directly affect HomeTrust Bancshares' 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 HomeTrust Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if HomeTrust Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HomeTrust Bancshares' 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.