LINKBANCORP Net Debt vs Cash Analysis
| LNKB Stock | USD 7.33 0.11 1.52% |
LINKBANCORP financial indicator trend analysis is infinitely more than just investigating LINKBANCORP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LINKBANCORP is a good investment. Please check the relationship between LINKBANCORP Net Debt and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LINKBANCORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.
Net Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LINKBANCORP Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between LINKBANCORP's Net Debt and Cash is -0.73. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of LINKBANCORP, assuming nothing else is changed. The correlation between historical values of LINKBANCORP's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of LINKBANCORP are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., LINKBANCORP's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.73 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash
Cash refers to the most liquid asset of LINKBANCORP, which is listed under current asset account on LINKBANCORP balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from LINKBANCORP customers. The amounts must be unrestricted with restricted cash listed in a different LINKBANCORP 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.Most indicators from LINKBANCORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LINKBANCORP 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LINKBANCORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.At present, LINKBANCORP's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 16.4 M, whereas Selling General Administrative is forecasted to decline to about 1.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 18.5M | 40.3M | 54.3M | 35.0M | Net Interest Income | 16.1M | 33.0M | 33.4M | 25.9M |
LINKBANCORP fundamental ratios Correlations
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LINKBANCORP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LINKBANCORP fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 331.3M | 2.6M | 11.0M | 10.2M | 1.7B | 1.8B | |
| Net Tangible Assets | 43.1M | 48.2M | 72.5M | 101.7M | 116.9M | 122.8M | |
| Retained Earnings | 23.2M | 26.0M | 24.8M | 27.1M | 4.8M | 4.6M | |
| Accounts Payable | 330.9M | 2.2M | 6.3M | 6.7M | 6.0M | 5.7M | |
| Other Assets | 244.1M | 120.6M | 637.9M | 1.0B | (208.5M) | (198.1M) | |
| Other Current Assets | 1.3M | 50.2M | 38.4M | 40.3M | 90.0M | 94.5M | |
| Total Current Assets | 47.8M | 177.2M | 144.0M | 95.1M | 218.6M | 229.5M | |
| Common Stock | 3.9M | 57K | 99K | 149K | 369K | 350.6K | |
| Property Plant Equipment | 4.0M | 3.8M | 10.0M | 17.0M | 19.5M | 20.5M |
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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 LINKBANCORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LINKBANCORP'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 Linkbancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linkbancorp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LINKBANCORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 LINKBANCORP. If investors know LINKBANCORP 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 LINKBANCORP 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 1.488 | Dividend Share 0.3 | Earnings Share (0.23) | Revenue Per Share 2.572 | Quarterly Revenue Growth 1.878 |
The market value of LINKBANCORP is measured differently than its book value, which is the value of LINKBANCORP that is recorded on the company's balance sheet. Investors also form their own opinion of LINKBANCORP's value that differs from its market value or its book value, called intrinsic value, which is LINKBANCORP'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 LINKBANCORP's market value can be influenced by many factors that don't directly affect LINKBANCORP'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 LINKBANCORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if LINKBANCORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LINKBANCORP'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.