Meridian Other Assets vs Total Assets Analysis
MRBK Stock | USD 16.31 0.81 5.23% |
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 Other Assets and its Total Assets 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meridian Bank Other Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Meridian Bank's Other Assets and Total Assets is 0.98. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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 Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Meridian Bank are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Meridian Bank's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Assets
Total Assets
Total assets refers to the total amount of Meridian Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Meridian Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.At this time, Meridian Bank's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 11.32 this year, although Enterprise Value will most likely fall to about 106.6 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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Try AI Portfolio ArchitectCheck 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.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.