Middlefield Selling General Administrative vs Operating Income Analysis

MBCN Stock  USD 31.18  0.54  1.70%   
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 Selling General Administrative and its Operating Income 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.

Selling General Administrative vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Middlefield Banc Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Middlefield Banc's Selling General Administrative and Operating Income is 0.38. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income 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 Selling General Administrative and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Middlefield Banc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., Middlefield Banc's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from Middlefield Banc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Middlefield Banc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 26th of November 2024, Enterprise Value Multiple is likely to grow to 4.34, while Selling General Administrative is likely to drop about 2.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.1M4.7M25.1M26.4M
Depreciation And Amortization2.4M2.0M1.2M932.4K

Middlefield Banc fundamental ratios Correlations

0.7-0.580.670.990.810.330.970.570.670.57-0.030.220.960.950.66-0.931.00.91-0.230.690.970.89-0.41-0.240.33
0.7-0.420.870.690.320.850.640.140.830.79-0.39-0.230.80.70.84-0.720.70.610.011.00.740.8-0.26-0.110.13
-0.58-0.42-0.29-0.65-0.57-0.12-0.65-0.5-0.24-0.110.170.02-0.58-0.53-0.270.54-0.57-0.540.19-0.41-0.62-0.460.27-0.170.47
0.670.87-0.290.660.30.770.660.030.990.95-0.62-0.350.780.661.0-0.750.670.69-0.390.880.680.84-0.16-0.210.24
0.990.69-0.650.660.830.350.980.540.660.56-0.060.190.970.940.65-0.940.990.92-0.270.690.980.9-0.43-0.210.25
0.810.32-0.570.30.830.00.830.60.310.230.140.330.740.740.3-0.740.810.76-0.290.310.820.64-0.41-0.30.24
0.330.85-0.120.770.350.00.29-0.390.730.74-0.54-0.530.520.330.75-0.440.330.33-0.070.850.440.6-0.05-0.020.08
0.970.64-0.650.660.980.830.290.540.660.58-0.130.220.950.910.65-0.960.970.96-0.360.640.960.88-0.45-0.270.25
0.570.14-0.50.030.540.6-0.390.540.02-0.060.380.580.390.580.01-0.390.570.40.210.140.450.23-0.37-0.160.06
0.670.83-0.240.990.660.310.730.660.020.96-0.6-0.320.780.661.0-0.760.670.71-0.440.840.680.85-0.14-0.230.32
0.570.79-0.110.950.560.230.740.58-0.060.96-0.6-0.270.690.590.96-0.680.570.62-0.390.80.580.76-0.28-0.30.27
-0.03-0.390.17-0.62-0.060.14-0.54-0.130.38-0.6-0.60.56-0.180.0-0.630.26-0.02-0.230.54-0.42-0.07-0.29-0.070.140.11
0.22-0.230.02-0.350.190.33-0.530.220.58-0.32-0.270.560.040.25-0.35-0.110.230.140.31-0.230.13-0.06-0.67-0.30.32
0.960.8-0.580.780.970.740.520.950.390.780.69-0.180.040.90.78-0.950.960.93-0.320.80.990.97-0.36-0.20.28
0.950.7-0.530.660.940.740.330.910.580.660.590.00.250.90.64-0.830.960.79-0.090.690.890.78-0.49-0.250.31
0.660.84-0.271.00.650.30.750.650.011.00.96-0.63-0.350.780.64-0.750.660.7-0.440.850.670.84-0.14-0.20.25
-0.93-0.720.54-0.75-0.94-0.74-0.44-0.96-0.39-0.76-0.680.26-0.11-0.95-0.83-0.75-0.93-0.980.4-0.72-0.94-0.930.350.28-0.36
1.00.7-0.570.670.990.810.330.970.570.670.57-0.020.230.960.960.66-0.930.9-0.220.690.970.89-0.41-0.240.34
0.910.61-0.540.690.920.760.330.960.40.710.62-0.230.140.930.790.7-0.980.9-0.50.620.920.92-0.32-0.260.36
-0.230.010.19-0.39-0.27-0.29-0.07-0.360.21-0.44-0.390.540.31-0.32-0.09-0.440.4-0.22-0.5-0.01-0.27-0.42-0.110.11-0.04
0.691.0-0.410.880.690.310.850.640.140.840.8-0.42-0.230.80.690.85-0.720.690.62-0.010.730.8-0.28-0.180.14
0.970.74-0.620.680.980.820.440.960.450.680.58-0.070.130.990.890.67-0.940.970.92-0.270.730.94-0.38-0.20.27
0.890.8-0.460.840.90.640.60.880.230.850.76-0.29-0.060.970.780.84-0.930.890.92-0.420.80.94-0.26-0.20.34
-0.41-0.260.27-0.16-0.43-0.41-0.05-0.45-0.37-0.14-0.28-0.07-0.67-0.36-0.49-0.140.35-0.41-0.32-0.11-0.28-0.38-0.260.33-0.01
-0.24-0.11-0.17-0.21-0.21-0.3-0.02-0.27-0.16-0.23-0.30.14-0.3-0.2-0.25-0.20.28-0.24-0.260.11-0.18-0.2-0.20.33-0.43
0.330.130.470.240.250.240.080.250.060.320.270.110.320.280.310.25-0.360.340.36-0.040.140.270.34-0.01-0.43
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Middlefield Banc Account Relationship Matchups

Middlefield Banc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.3B1.7B1.8B1.9B
Short Long Term Debt Total17.8M17.7M13.3M77.1M175.4M184.2M
Other Current Liab(11.1M)(5.9M)(6.2M)(65.7M)(2.5M)(2.4M)
Total Current Liabilities11.1M5.9M6.2M65.9M1.2B1.3B
Total Stockholder Equity137.8M143.8M145.3M197.7M205.7M216.0M
Property Plant And Equipment Net17.9M18.3M17.3M22.0M21.9M11.8M
Net Debt(17.3M)(75.8M)(84.3M)25.7M119.0M125.0M
Retained Earnings65.1M69.6M84.0M94.2M100.2M105.2M
Cash35.1M92.9M97.2M51.4M56.4M33.6M
Non Current Assets Total141.4M150.1M204.8M228.0M1.8B1.8B
Non Currrent Assets Other(3.4M)(5.1M)(5.4M)(12.0M)1.5B1.6B
Other Assets889.5M1.0B844.6M1.2B4.3M4.1M
Cash And Short Term Investments140.8M207.2M267.4M216.4M60.8M103.3M
Common Stock Total Equity86.6M86.9M87.1M161.0M185.2M194.4M
Common Stock Shares Outstanding6.5M6.4M6.2M6.0M8.1M8.5M
Liabilities And Stockholders Equity1.2B1.4B1.3B1.7B1.8B1.9B
Non Current Liabilities Total12.8M17.0M12.9M65.9M1.6B1.7B
Other Stockholder Equity(15.7M)(16.9M)(29.2M)(35.3M)(39.9M)(41.8M)
Total Liab1.0B1.2B1.2B1.5B1.6B1.7B
Property Plant And Equipment Gross18.8M19.1M34.5M39.3M40.0M42.0M
Total Current Assets151.5M220.9M281.7M222.3M60.8M57.8M
Accumulated Other Comprehensive Income1.8M4.3M3.5M(22.1M)(16.1M)(15.3M)
Short Term Debt5.1M640K434K65M163.5M171.7M
Common Stock86.6M86.9M87.1M161.0M161.4M153.3M
Other Liab2.8M3.2M3.4M7.4M8.5M8.9M
Accounts Payable6.0M5.9M6.2M693K2.5M2.4M
Long Term Debt8.8M8.7M17.0M12.9M12.1M12.6M
Short Term Investments105.7M114.4M170.2M165.0M170.8M162.2M
Treasury Stock(15.7M)(16.9M)(29.2M)(35.3M)(31.8M)(30.2M)
Property Plant Equipment18.8M18.3M17.3M22.0M25.3M26.5M
Other Current Assets38.7M125.0M130.6M65.5M67.9M64.5M
Intangible Assets2.1M1.7M1.4M7.7M6.6M7.0M
Net Receivables10.7M13.6M14.3M5.9M7.1M7.8M
Inventory(38.7M)(125.0M)(130.6M)(88.2M)49.3M51.8M
Net Tangible Assets120.6M127.0M128.9M158.3M182.0M98.9M
Retained Earnings Total Equity65.1M69.6M84.0M94.2M108.3M54.6M
Long Term Debt Total12.3M17.0M12.9M12.1M10.9M9.3M
Long Term Investments106.4M1.2B171.0M165.9M171.7M244.5M

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

  0.72AX Axos FinancialPairCorr
  0.71BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.74PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Middlefield Stock

  0.34WF Woori Financial GroupPairCorr
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 CorrelationCorrelation 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:
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.