Northrim Intangible Assets vs Long Term Debt Analysis
NRIM Stock | USD 88.08 0.42 0.47% |
Northrim BanCorp financial indicator trend analysis is infinitely more than just investigating Northrim BanCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northrim BanCorp is a good investment. Please check the relationship between Northrim BanCorp Intangible Assets and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
Intangible Assets vs Long Term Debt
Intangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northrim BanCorp Intangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northrim BanCorp's Intangible Assets and Long Term Debt is -0.11. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Northrim BanCorp, assuming nothing else is changed. The correlation between historical values of Northrim BanCorp's Intangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Northrim BanCorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., Northrim BanCorp's Intangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Long Term Debt
Long-term debt is a debt that Northrim BanCorp has held for over one year. Long-term debt appears on Northrim BanCorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Northrim BanCorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Northrim BanCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northrim BanCorp 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 Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.At this time, Northrim BanCorp's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 6.1 M, while Enterprise Value Over EBITDA is likely to drop 2.28.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.5M | 4.3M | 4.5M | 4.7M | Income Tax Expense | 10.5M | 7.8M | 6.2M | 5.3M |
Northrim BanCorp fundamental ratios Correlations
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Northrim BanCorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northrim BanCorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 6.8M | 6.4M | 6.2M | 5.8M | 5.7M | 6.5M | |
Total Assets | 1.6B | 2.1B | 2.7B | 2.7B | 2.8B | 2.9B | |
Total Stockholder Equity | 207.1M | 221.6M | 237.8M | 218.6M | 234.7M | 119.7M | |
Property Plant And Equipment Net | 52.7M | 50.5M | 48.2M | 47.7M | 49.8M | 52.3M | |
Net Debt | (62.0M) | (78.5M) | (610.0M) | (225.1M) | (85.5M) | (89.7M) | |
Retained Earnings | 149.6M | 173.5M | 204.0M | 224.2M | 236.0M | 247.8M | |
Cash | 95.4M | 116.0M | 645.8M | 259.4M | 118.1M | 81.4M | |
Non Current Assets Total | 364.8M | 344.5M | 533.0M | 829.9M | 3.2B | 3.4B | |
Non Currrent Assets Other | (13.4M) | (13.5M) | (14.4M) | (1.1M) | (805.3M) | (765.1M) | |
Other Assets | 883.2M | 1.4B | 1.1B | 874.1M | (513.4M) | (487.8M) | |
Cash And Short Term Investments | 371.6M | 363.6M | 1.1B | 936.4M | 118.1M | 200.3M | |
Net Receivables | 24.4M | 13.9M | 7.0M | 17.7M | 50.5M | 53.1M | |
Liabilities And Stockholders Equity | 1.6B | 2.1B | 2.7B | 2.7B | 2.8B | 2.9B | |
Other Stockholder Equity | 50.5M | 41.8M | 31.2M | 17.8M | 9.6M | 9.1M | |
Total Liab | 33.4M | 37.5M | 35.8M | 2.5B | 2.6B | 2.7B | |
Property Plant And Equipment Gross | 52.7M | 50.5M | 48.2M | 47.7M | 85.9M | 90.2M | |
Total Current Assets | 395.9M | 377.5M | 1.1B | 968.1M | 118.1M | 112.2M | |
Other Current Liab | 1.4B | (12.4M) | 2.4B | 2.4B | 1.9B | 1.3B | |
Total Current Liabilities | 14.2M | 12.4M | 11.0M | 9.9M | 3.1M | 2.9M | |
Accounts Payable | 1.4B | 1.8B | 2.4B | 2.4B | 2.7B | 2.9B | |
Accumulated Other Comprehensive Income | 431K | 18K | (3.4M) | (29.1M) | (16.4M) | (15.6M) | |
Short Long Term Debt Total | 33.4M | 37.5M | 35.8M | 34.3M | 33.1M | 30.4M | |
Non Current Liabilities Total | 33.4M | 37.5M | 35.8M | 2.4B | 2.6B | 2.7B | |
Common Stock Total Equity | 6.6M | 6.3M | 6.0M | 5.7M | 6.6M | 6.9M | |
Common Stock | 6.6M | 6.3M | 6.0M | 5.7M | 5.5M | 6.9M | |
Other Liab | 28.1M | 37.7M | 29.5M | 21.5M | 24.7M | 17.1M | |
Long Term Debt | 19.2M | 25.1M | 24.8M | 24.4M | 24.0M | 22.8M | |
Short Term Investments | 276.1M | 247.6M | 426.7M | 677.0M | 637.9M | 669.8M | |
Intangible Assets | 11.9M | 11.2M | 13.7M | 18.6M | 23.5M | 24.6M | |
Property Plant Equipment | 45.5M | 38.1M | 48.2M | 37.8M | 43.5M | 31.4M | |
Inventory | (134.7M) | (151.9M) | (669.5M) | (279.4M) | (9.4M) | (9.9M) | |
Other Current Assets | 134.7M | 151.9M | 669.5M | 293.4M | 171.7M | 163.1M | |
Good Will | 16.2M | 16.1M | 16.0M | 16.0M | 16.0M | 12.9M | |
Net Tangible Assets | 191.0M | 205.5M | 221.8M | 202.6M | 233.0M | 209.5M | |
Retained Earnings Total Equity | 149.6M | 173.5M | 204.0M | 224.2M | 257.9M | 135.9M | |
Long Term Debt Total | 19.2M | 25.1M | 24.8M | 24.4M | 22.0M | 19.3M | |
Capital Surpluse | 50.5M | 41.8M | 31.2M | 17.8M | 16.0M | 15.2M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 Northrim BanCorp. If investors know Northrim 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 Northrim BanCorp 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 0.061 | Dividend Share 2.46 | Earnings Share 5.86 | Revenue Per Share 25.726 | Quarterly Revenue Growth 0.157 |
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp'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 Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp'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 Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp'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.