Middlefield Ebit vs Other Operating Expenses Analysis

MBCN Stock

USD 31.72 0.89 2.89%

Middlefield Banc financial indicator trend analysis is infinitely more than just investigating Middlefield Banc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Middlefield Banc is a good investment. Please check the relationship between Middlefield Banc Ebit and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlefield Banc. 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.

To learn how to invest in Middlefield Stock, please use our How to Invest in Middlefield Banc guide.

Ebit vs Other Operating Expenses

Ebit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Middlefield Banc Ebit account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.

The correlation between Middlefield Banc's Ebit and Other Operating Expenses is 0.22. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Middlefield Banc, assuming nothing else is changed. The correlation between historical values of Middlefield Banc's Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Middlefield Banc are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., Middlefield Banc's Ebit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ebit

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Middlefield Banc. It is also known as Middlefield Banc overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Middlefield Banc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Middlefield Banc 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 Middlefield Banc. 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.

To learn how to invest in Middlefield Stock, please use our How to Invest in Middlefield Banc guide.At this time, Middlefield Banc's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 16.53, while Selling General Administrative is likely to drop about 2.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.1M	4.7M	25.1M	26.4M
Depreciation And Amortization	2.4M	2.0M	1.2M	932.4K

Interest Expense Depreciation And Amortization

Middlefield Banc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Total Assets		0.7	-0.58	0.67	0.99	0.81	0.33	0.97	0.57	0.67	0.57	0.57	0.22	0.96	0.95	0.66	-0.93	1.0	0.91	-0.23	0.69	0.97	0.89	-0.41	-0.24	0.33
Short Long Term Debt Total	0.7		-0.42	0.87	0.69	0.32	0.85	0.64	0.14	0.83	0.79	0.32	-0.23	0.8	0.7	0.84	-0.72	0.7	0.61	0.01	1.0	0.74	0.8	-0.26	-0.11	0.13
Other Current Liab	-0.58	-0.42		-0.29	-0.65	-0.57	-0.12	-0.65	-0.5	-0.24	-0.11	-0.05	0.02	-0.58	-0.53	-0.27	0.54	-0.57	-0.54	0.19	-0.41	-0.62	-0.46	0.27	-0.17	0.47
Total Current Liabilities	0.67	0.87	-0.29		0.66	0.3	0.77	0.66	0.03	0.99	0.95	0.21	-0.35	0.78	0.66	1.0	-0.75	0.67	0.69	-0.39	0.88	0.68	0.84	-0.16	-0.21	0.24
Total Stockholder Equity	0.99	0.69	-0.65	0.66		0.83	0.35	0.98	0.54	0.66	0.56	0.53	0.19	0.97	0.94	0.65	-0.94	0.99	0.92	-0.27	0.69	0.98	0.9	-0.43	-0.21	0.25
Property Plant And Equipment Net	0.81	0.32	-0.57	0.3	0.83		0.0	0.83	0.6	0.31	0.23	0.57	0.33	0.74	0.74	0.3	-0.74	0.81	0.76	-0.29	0.31	0.82	0.64	-0.41	-0.3	0.24
Net Debt	0.33	0.85	-0.12	0.77	0.35	0.0		0.29	-0.39	0.73	0.74	0.06	-0.53	0.52	0.33	0.75	-0.44	0.33	0.33	-0.07	0.85	0.44	0.6	-0.05	-0.02	0.08
Retained Earnings	0.97	0.64	-0.65	0.66	0.98	0.83	0.29		0.54	0.66	0.58	0.44	0.22	0.95	0.91	0.65	-0.96	0.97	0.96	-0.36	0.64	0.96	0.88	-0.45	-0.27	0.25
Cash	0.57	0.14	-0.5	0.03	0.54	0.6	-0.39	0.54		0.02	-0.06	0.51	0.58	0.39	0.58	0.01	-0.39	0.57	0.4	0.21	0.14	0.45	0.23	-0.37	-0.16	0.06
Non Current Assets Total	0.67	0.83	-0.24	0.99	0.66	0.31	0.73	0.66	0.02		0.96	0.22	-0.32	0.78	0.66	1.0	-0.76	0.67	0.71	-0.44	0.84	0.68	0.85	-0.14	-0.23	0.32
Non Currrent Assets Other	0.57	0.79	-0.11	0.95	0.56	0.23	0.74	0.58	-0.06	0.96		0.19	-0.27	0.69	0.59	0.96	-0.68	0.57	0.62	-0.39	0.8	0.58	0.76	-0.28	-0.3	0.27
Other Assets	0.57	0.32	-0.05	0.21	0.53	0.57	0.06	0.44	0.51	0.22	0.19		0.29	0.5	0.59	0.2	-0.38	0.58	0.37	0.23	0.3	0.56	0.43	-0.22	-0.08	0.38
Cash And Short Term Investments	0.22	-0.23	0.02	-0.35	0.19	0.33	-0.53	0.22	0.58	-0.32	-0.27	0.29		0.04	0.25	-0.35	-0.11	0.23	0.14	0.31	-0.23	0.13	-0.06	-0.67	-0.3	0.32
Common Stock Total Equity	0.96	0.8	-0.58	0.78	0.97	0.74	0.52	0.95	0.39	0.78	0.69	0.5	0.04		0.9	0.78	-0.95	0.96	0.93	-0.32	0.8	0.99	0.97	-0.36	-0.2	0.28
Common Stock Shares Outstanding	0.95	0.7	-0.53	0.66	0.94	0.74	0.33	0.91	0.58	0.66	0.59	0.59	0.25	0.9		0.64	-0.83	0.96	0.79	-0.09	0.69	0.89	0.78	-0.49	-0.25	0.31
Non Current Liabilities Total	0.66	0.84	-0.27	1.0	0.65	0.3	0.75	0.65	0.01	1.0	0.96	0.2	-0.35	0.78	0.64		-0.75	0.66	0.7	-0.44	0.85	0.67	0.84	-0.14	-0.2	0.25
Other Stockholder Equity	-0.93	-0.72	0.54	-0.75	-0.94	-0.74	-0.44	-0.96	-0.39	-0.76	-0.68	-0.38	-0.11	-0.95	-0.83	-0.75		-0.93	-0.98	0.4	-0.72	-0.94	-0.93	0.35	0.28	-0.36
Total Liab	1.0	0.7	-0.57	0.67	0.99	0.81	0.33	0.97	0.57	0.67	0.57	0.58	0.23	0.96	0.96	0.66	-0.93		0.9	-0.22	0.69	0.97	0.89	-0.41	-0.24	0.34
Property Plant And Equipment Gross	0.91	0.61	-0.54	0.69	0.92	0.76	0.33	0.96	0.4	0.71	0.62	0.37	0.14	0.93	0.79	0.7	-0.98	0.9		-0.5	0.62	0.92	0.92	-0.32	-0.26	0.36
Total Current Assets	-0.23	0.01	0.19	-0.39	-0.27	-0.29	-0.07	-0.36	0.21	-0.44	-0.39	0.23	0.31	-0.32	-0.09	-0.44	0.4	-0.22	-0.5		-0.01	-0.27	-0.42	-0.11	0.11	-0.04
Short Term Debt	0.69	1.0	-0.41	0.88	0.69	0.31	0.85	0.64	0.14	0.84	0.8	0.3	-0.23	0.8	0.69	0.85	-0.72	0.69	0.62	-0.01		0.73	0.8	-0.28	-0.18	0.14
Common Stock	0.97	0.74	-0.62	0.68	0.98	0.82	0.44	0.96	0.45	0.68	0.58	0.56	0.13	0.99	0.89	0.67	-0.94	0.97	0.92	-0.27	0.73		0.94	-0.38	-0.2	0.27
Other Liab	0.89	0.8	-0.46	0.84	0.9	0.64	0.6	0.88	0.23	0.85	0.76	0.43	-0.06	0.97	0.78	0.84	-0.93	0.89	0.92	-0.42	0.8	0.94		-0.26	-0.2	0.34
Accounts Payable	-0.41	-0.26	0.27	-0.16	-0.43	-0.41	-0.05	-0.45	-0.37	-0.14	-0.28	-0.22	-0.67	-0.36	-0.49	-0.14	0.35	-0.41	-0.32	-0.11	-0.28	-0.38	-0.26		0.33	-0.01
Long Term Debt	-0.24	-0.11	-0.17	-0.21	-0.21	-0.3	-0.02	-0.27	-0.16	-0.23	-0.3	-0.08	-0.3	-0.2	-0.25	-0.2	0.28	-0.24	-0.26	0.11	-0.18	-0.2	-0.2	0.33		-0.43
Short Term Investments	0.33	0.13	0.47	0.24	0.25	0.24	0.08	0.25	0.06	0.32	0.27	0.38	0.32	0.28	0.31	0.25	-0.36	0.34	0.36	-0.04	0.14	0.27	0.34	-0.01	-0.43

Click cells to compare fundamentals

Middlefield Banc Account Relationship Matchups

Middlefield Banc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.4B	1.3B	1.7B	1.8B	1.9B
Short Long Term Debt Total	17.8M	17.7M	13.3M	77.1M	175.4M	184.2M
Other Current Liab	(11.1M)	(5.9M)	(6.2M)	(65.7M)	(2.5M)	(2.4M)
Total Current Liabilities	11.1M	5.9M	6.2M	65.9M	1.2B	1.3B
Total Stockholder Equity	137.8M	143.8M	145.3M	197.7M	205.7M	216.0M
Property Plant And Equipment Net	17.9M	18.3M	17.3M	22.0M	21.9M	11.8M
Net Debt	(17.3M)	(75.8M)	(84.3M)	25.7M	119.0M	125.0M
Retained Earnings	65.1M	69.6M	84.0M	94.2M	100.2M	105.2M
Cash	35.1M	92.9M	97.2M	51.4M	56.4M	33.6M
Non Current Assets Total	141.4M	150.1M	204.8M	228.0M	1.8B	1.9B
Non Currrent Assets Other	(3.4M)	(5.1M)	(5.4M)	(12.0M)	1.5B	1.6B
Other Assets	889.5M	1.0B	844.6M	1.2B	1.4B	714.7M
Cash And Short Term Investments	140.8M	207.2M	267.4M	216.4M	60.8M	103.3M
Common Stock Total Equity	86.6M	86.9M	87.1M	161.0M	185.2M	194.4M
Common Stock Shares Outstanding	6.5M	6.4M	6.2M	6.0M	8.1M	8.5M
Liabilities And Stockholders Equity	1.2B	1.4B	1.3B	1.7B	1.8B	1.9B
Non Current Liabilities Total	12.8M	17.0M	12.9M	65.9M	1.6B	1.7B
Other Stockholder Equity	(15.7M)	(16.9M)	(29.2M)	(35.3M)	(39.9M)	(41.8M)
Total Liab	1.0B	1.2B	1.2B	1.5B	1.6B	1.7B
Property Plant And Equipment Gross	18.8M	19.1M	34.5M	39.3M	40.0M	42.0M
Total Current Assets	151.5M	220.9M	281.7M	222.3M	60.8M	57.8M
Accumulated Other Comprehensive Income	1.8M	4.3M	3.5M	(22.1M)	(16.1M)	(15.3M)
Short Term Debt	5.1M	640K	434K	65M	163.5M	171.7M
Common Stock	86.6M	86.9M	87.1M	161.0M	161.4M	153.3M
Other Liab	2.8M	3.2M	3.4M	7.4M	8.5M	8.9M
Accounts Payable	6.0M	5.9M	6.2M	693K	2.5M	2.4M
Long Term Debt	8.8M	8.7M	17.0M	12.9M	12.1M	12.6M
Short Term Investments	105.7M	114.4M	170.2M	165.0M	170.8M	162.2M
Treasury Stock	(15.7M)	(16.9M)	(29.2M)	(35.3M)	(31.8M)	(30.2M)
Property Plant Equipment	18.8M	18.3M	17.3M	22.0M	25.3M	26.5M
Other Current Assets	38.7M	125.0M	130.6M	65.5M	67.9M	64.5M
Intangible Assets	2.1M	1.7M	1.4M	7.7M	6.6M	7.0M
Net Receivables	10.7M	13.6M	14.3M	5.9M	7.1M	7.8M
Inventory	(38.7M)	(125.0M)	(130.6M)	(88.2M)	49.3M	51.8M
Net Tangible Assets	120.6M	127.0M	128.9M	158.3M	182.0M	98.9M
Retained Earnings Total Equity	65.1M	69.6M	84.0M	94.2M	108.3M	54.6M
Long Term Debt Total	12.3M	17.0M	12.9M	12.1M	10.9M	9.3M
Long Term Investments	106.4M	1.2B	171.0M	165.9M	171.7M	244.5M

Pair Trading with Middlefield Banc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Middlefield Banc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Middlefield Banc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Middlefield Stock

0.67	AX	Axos Financial	Pair Corr
0.66	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.71	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Middlefield Stock

0.44

Woori Financial Group

Pair Corr

The ability to find closely correlated positions to Middlefield Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Middlefield Banc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Middlefield Banc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Middlefield Banc to buy it.

The correlation of Middlefield Banc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Middlefield Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Middlefield Banc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Middlefield Banc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Middlefield Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Middlefield Banc'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 Middlefield Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Middlefield Banc Stock:

How To Invest In Middlefield

Details

Is Middlefield Stock a good investment?

Details

What is Middlefield Banc's Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlefield Banc. 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.

To learn how to invest in Middlefield Stock, please use our How to Invest in Middlefield Banc guide.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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 Middlefield Banc. If investors know Middlefield 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 Middlefield Banc 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

(0.38)

Dividend Share

0.8

Earnings Share

1.75

Revenue Per Share

8.002

Quarterly Revenue Growth

(0.12)

The market value of Middlefield Banc is measured differently than its book value, which is the value of Middlefield that is recorded on the company's balance sheet. Investors also form their own opinion of Middlefield Banc's value that differs from its market value or its book value, called intrinsic value, which is Middlefield Banc'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 Middlefield Banc's market value can be influenced by many factors that don't directly affect Middlefield Banc'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 Middlefield Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middlefield Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middlefield Banc'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Middlefield Ebit vs Other Operating Expenses Analysis

Ebit vs Other Operating Expenses

Ebit vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Ebit

Other Operating Expenses

Middlefield Banc fundamental ratios Correlations

Middlefield Banc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Middlefield Banc fundamental ratios Accounts

Pair Trading with Middlefield Banc

Moving together with Middlefield Stock

Moving against Middlefield Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Current Liabilities

Property Plant And Equipment Gross	- 0.98	Other Stockholder Equity
Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Common Stock Total Equity
Common Stock	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Total Stockholder Equity
Other Liab	- 0.93	Other Stockholder Equity