Old Non Current Assets Total vs Total Current Liabilities Analysis
OPOF Stock | USD 20.78 0.36 1.76% |
Old Point financial indicator trend analysis is much more than just breaking down Old Point Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old Point Financial is a good investment. Please check the relationship between Old Point Non Current Assets Total and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Point Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Non Current Assets Total vs Total Current Liabilities
Non Current Assets Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old Point Financial Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Old Point's Non Current Assets Total and Total Current Liabilities is 0.29. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Old Point Financial, assuming nothing else is changed. The correlation between historical values of Old Point's Non Current Assets Total 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 Non Current Assets Total of Old Point Financial 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 Non Current Assets Total i.e., Old Point's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Old Point balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Old Point Financial 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 Old Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old Point Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Point Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Old Point's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Old Point's current Enterprise Value is estimated to increase to about 168.3 M, while Selling General Administrative is projected to decrease to roughly 18.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 3.6M | 18.4M | 19.3M | Depreciation And Amortization | 2.4M | 2.4M | 2.6M | 1.9M |
Old Point fundamental ratios Correlations
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Old Point Account Relationship Matchups
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Old Point fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | 836.2M | |
Short Long Term Debt Total | 39.0M | 37.5M | 29.4M | 75.6M | 102.7M | 107.9M | |
Other Current Liab | 785.5M | 985.1M | 421.5M | (11.4M) | 532.1M | 573.7M | |
Total Current Liabilities | 820.7M | 992.7M | 426.3M | 11.4M | 604.4M | 634.6M | |
Total Stockholder Equity | 109.8M | 117.1M | 120.8M | 98.7M | 106.8M | 79.0M | |
Property Plant And Equipment Net | 35.3M | 33.6M | 32.1M | 31.0M | 31.1M | 27.0M | |
Net Debt | (46.9M) | (119.1M) | (147.8M) | 56.4M | 20.8M | 21.9M | |
Retained Earnings | 63.0M | 65.9M | 71.7M | 78.1M | 82.3M | 44.4M | |
Cash | 85.9M | 120.4M | 177.2M | 19.3M | 14.7M | 14.0M | |
Non Current Assets Total | 183.0M | 222.0M | 268.4M | 258.4M | 1.4B | 1.4B | |
Non Currrent Assets Other | (3.5M) | (4.0M) | (3.8M) | (9.8M) | 1.1B | 1.2B | |
Other Assets | 639.8M | 697.4M | 658.0M | 852.2M | 980.0M | 545.2M | |
Cash And Short Term Investments | 231.6M | 306.8M | 411.5M | 244.8M | 78.8M | 108.0M | |
Common Stock Total Equity | 25.1M | 25.9M | 25.9M | 26.0M | 29.9M | 20.6M | |
Common Stock Shares Outstanding | 5.2M | 5.2M | 5.2M | 5.1M | 5.0M | 5.1M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | 836.2M | |
Non Current Liabilities Total | 39.0M | 1.4M | 29.4M | 1.2B | 1.3B | 1.4B | |
Other Stockholder Equity | 21.0M | 21.2M | 21.5M | 16.6M | 17.1M | 15.5M | |
Total Liab | 39.0M | 1.4M | 29.4M | 1.3B | 1.3B | 1.4B | |
Property Plant And Equipment Gross | 35.3M | 33.6M | 66.8M | 65.6M | 66.6M | 70.0M | |
Total Current Assets | 231.6M | 306.8M | 411.5M | 244.8M | 78.8M | 74.8M | |
Accumulated Other Comprehensive Income | (79K) | 4.1M | 1.7M | (20.8M) | (17.5M) | (16.7M) | |
Short Term Debt | 35.2M | 7.6M | 4.8M | 11.4M | 72.3M | 75.9M | |
Common Stock | 25.9M | 26.0M | 26.0M | 24.8M | 24.9M | 21.3M | |
Other Liab | 1.1M | 248K | 50K | 18K | 16.2K | 15.4K | |
Accounts Payable | 889.5M | 1.1B | 1.2B | 1.2B | 1.3B | 779.0M | |
Long Term Debt | 2.0M | 1.4M | 29.4M | 75.6M | 99.1M | 104.1M | |
Short Term Investments | 145.7M | 186.4M | 234.3M | 225.5M | 204.3M | 148.4M | |
Property Plant Equipment | 35.3M | 33.6M | 32.1M | 31.0M | 35.7M | 32.0M | |
Net Tangible Assets | 107.7M | 115.2M | 118.9M | 96.9M | 111.4M | 106.9M | |
Retained Earnings Total Equity | 54.7M | 57.6M | 63.0M | 65.9M | 75.7M | 54.5M | |
Capital Surpluse | 17.3M | 20.7M | 21.0M | 21.2M | 24.4M | 19.6M | |
Long Term Investments | 738.8M | 186.4M | 234.3M | 225.5M | 204.3M | 374.6M | |
Non Current Liabilities Other | 91.8M | 90.5M | 53.3M | 11.9M | 10.7M | 10.2M | |
Intangible Assets | 363K | 319K | 275K | 231K | 187K | 203.3K | |
Other Current Assets | 89.9M | 120.4M | 188.8M | 20.2M | 82.6M | 78.5M |
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When determining whether Old Point Financial is a strong investment it is important to analyze Old Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Point's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Point Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 Old Point. If investors know Old 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 Old Point 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 0.738 | Dividend Share 0.56 | Earnings Share 1.61 | Revenue Per Share 11.771 | Quarterly Revenue Growth 0.076 |
The market value of Old Point Financial is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Point's value that differs from its market value or its book value, called intrinsic value, which is Old Point'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 Old Point's market value can be influenced by many factors that don't directly affect Old Point'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 Old Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Point'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.