Meridian Cash vs Total Current Liabilities Analysis
MRBK Stock | USD 15.50 1.00 6.90% |
Meridian Bank financial indicator trend analysis is infinitely more than just investigating Meridian Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meridian Bank is a good investment. Please check the relationship between Meridian Bank Cash and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridian Bank. 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 information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meridian Bank Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Meridian Bank's Cash and Total Current Liabilities is 0.22. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Meridian Bank, assuming nothing else is changed. The correlation between historical values of Meridian Bank's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Meridian Bank are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Meridian Bank's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Meridian Bank, which is listed under current asset account on Meridian Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Meridian Bank customers. The amounts must be unrestricted with restricted cash listed in a different Meridian Bank 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.Total Current Liabilities
Total Current Liabilities is an item on Meridian Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Meridian Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Meridian Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meridian Bank 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 Meridian Bank. 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 information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.Tax Provision is expected to rise to about 5.3 M this year, although the value of Selling General Administrative will most likely fall to about 4.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 151.1M | 111.9M | 94.1M | 83.9M | Total Revenue | 151.1M | 111.9M | 94.1M | 83.9M |
Meridian Bank fundamental ratios Correlations
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Meridian Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meridian Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 12.9M | 12.4M | 12.4M | 12.2M | 11.4M | 10.0M | |
Total Assets | 1.2B | 1.7B | 1.7B | 2.1B | 2.2B | 1.4B | |
Total Current Liabilities | 124.8M | 108.0M | 31K | 124.5M | 1.1B | 1.1B | |
Total Stockholder Equity | 120.7M | 141.6M | 1.2B | 153.3M | 158.0M | 233.7M | |
Other Liab | 8.6M | 20.1M | 19.8M | 18.9M | 21.7M | 11.4M | |
Net Tangible Assets | 115.9M | 137.1M | 161.1M | 149.2M | 171.6M | 110.7M | |
Property Plant And Equipment Net | 8.6M | 7.8M | 11.8M | 13.3M | 22.6M | 11.4M | |
Net Debt | 129.3M | 276.3M | 58.4M | 124.0M | (6.9M) | (6.5M) | |
Accounts Payable | 1.1M | 1.2M | 31K | 2.4M | 10.3M | 9.8M | |
Cash | 39.4M | 36.7M | 23.5M | 38.4M | 56.7M | 32.1M | |
Non Current Assets Total | 82.1M | 143.4M | 184.1M | 192.3M | 2.2B | 2.3B | |
Non Currrent Assets Other | (2.1M) | (62K) | (1.4M) | (3.9M) | 2.0B | 2.1B | |
Other Assets | 966.8M | 1.4B | 1.3B | 1.7B | 1.9B | 1.1B | |
Long Term Debt | 44.1M | 313.1M | 81.9M | 40.3M | 49.8M | 74.2M | |
Cash And Short Term Investments | 98.2M | 160.3M | 182.8M | 173.7M | 156.1M | 111.9M | |
Non Current Liabilities Total | 168.7M | 313.1M | 81.9M | 124.5M | 2.1B | 2.2B | |
Other Current Assets | 42.6M | 42.2M | 28.5M | 47.5M | 67.7M | 64.3M | |
Total Liab | 1.0B | 1.6B | 541.6M | 1.9B | 2.1B | 1.1B | |
Long Term Investments | 68.6M | 131.1M | 168.0M | 174.9M | 183.9M | 106.5M | |
Short Long Term Debt | 114.3M | 123.7M | 106.9M | 122.1M | 140.4M | 117.6M | |
Total Current Assets | 102.1M | 196.8M | 276.0M | 181.1M | 56.7M | 53.9M | |
Short Term Debt | 123.7M | 106.9M | 41.3M | 122.1M | 143.4M | 111.2M | |
Common Stock | 6.4M | 6.5M | 6.5M | 6.6M | 13.2M | 8.3M | |
Property Plant Equipment | 8.6M | 7.8M | 11.8M | 13.4M | 15.4M | 9.9M | |
Short Long Term Debt Total | 168.7M | 313.1M | 81.9M | 162.4M | 49.8M | 47.3M | |
Retained Earnings | 34.1M | 59.0M | 84.9M | 95.8M | 101.2M | 54.0M | |
Net Receivables | 3.8M | 36.5M | 93.3M | 7.4M | 127.3M | 133.6M | |
Common Stock Total Equity | 6.4M | 6.4M | 6.4M | 26.4M | 30.4M | 31.9M | |
Short Term Investments | 58.9M | 123.6M | 159.3M | 135.3M | 146.0M | 94.5M | |
Liabilities And Stockholders Equity | 1.2B | 1.7B | 1.7B | 2.1B | 2.2B | 1.5B | |
Other Stockholder Equity | 80.2M | 73.6M | 73.2M | 55.8M | 53.0M | 68.4M | |
Property Plant And Equipment Gross | 8.6M | 7.8M | 23.3M | 26.2M | 27.3M | 15.6M | |
Accumulated Other Comprehensive Income | (3K) | 2.6M | 708K | (11.5M) | (9.4M) | (9.0M) | |
Net Invested Capital | 288.5M | 301.4M | 81.9M | 315.7M | 207.9M | 189.5M | |
Intangible Assets | 4.8M | 4.5M | 4.3M | 3.2M | 3.0M | 3.4M | |
Other Current Liab | (124.8M) | (108.0M) | (41.4M) | (6.3M) | 933.7M | 980.4M |
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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 Meridian Bank. If investors know Meridian 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 Meridian Bank 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 0.2 | Dividend Share 0.5 | Earnings Share 1.01 | Revenue Per Share 8.327 | Quarterly Revenue Growth 0.062 |
The market value of Meridian Bank is measured differently than its book value, which is the value of Meridian that is recorded on the company's balance sheet. Investors also form their own opinion of Meridian Bank's value that differs from its market value or its book value, called intrinsic value, which is Meridian Bank'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 Meridian Bank's market value can be influenced by many factors that don't directly affect Meridian Bank'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 Meridian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Bank'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.