Orrstown Good Will vs Long Term Investments Analysis
ORRF Stock | USD 40.10 0.39 0.96% |
Orrstown Financial financial indicator trend analysis is much more than just breaking down Orrstown Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orrstown Financial is a good investment. Please check the relationship between Orrstown Financial Good Will and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orrstown Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orrstown Financial Good Will account and Long Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Orrstown Financial's Good Will and Long Term Investments is 0.08. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Orrstown Financial Services, assuming nothing else is changed. The correlation between historical values of Orrstown Financial's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Orrstown Financial Services are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Orrstown Financial's Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Investments
Long Term Investments is an item on the asset side of Orrstown Financial balance sheet that represents investments Orrstown Financial intends to hold for over a year. Orrstown Financial Services long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Orrstown Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orrstown 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 Orrstown Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. The Orrstown Financial's current Selling General Administrative is estimated to increase to about 56.6 M, while Tax Provision is projected to decrease to roughly 4.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.7M | 9.0M | 45.0M | 47.2M | Depreciation And Amortization | 3.6M | 3.2M | 4.3M | 2.8M |
Orrstown Financial fundamental ratios Correlations
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Orrstown Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orrstown Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 2.8B | 2.8B | 2.9B | 3.1B | 3.2B | |
Short Long Term Debt Total | 249.8M | 166.8M | 58.8M | 261.8M | 169.6M | 110.4M | |
Other Current Liab | (189.6M) | (38.0M) | (40.8M) | (61.9M) | 1.4B | 1.5B | |
Total Current Liabilities | 189.6M | 38.0M | 40.8M | 61.9M | 1.4B | 1.5B | |
Total Stockholder Equity | 223.2M | 246.2M | 271.7M | 228.9M | 265.1M | 278.3M | |
Property Plant And Equipment Net | 37.5M | 35.1M | 34.0M | 29.3M | 40.2M | 23.5M | |
Net Debt | 193.3M | (35.3M) | (174.9M) | 77.3M | 104.4M | 109.7M | |
Retained Earnings | 35.2M | 54.1M | 78.7M | 92.5M | 117.7M | 123.6M | |
Cash | 56.5M | 125.3M | 208.7M | 60.8M | 65.2M | 45.3M | |
Non Current Assets Total | 555.0M | 525.8M | 529.4M | 564.9M | 3.4B | 3.6B | |
Non Currrent Assets Other | (15.0M) | (18.2M) | (17.6M) | (24.0M) | 2.8B | 3.0B | |
Other Assets | 1.3B | 1.6B | 1.6B | 1.8B | (935.3M) | (888.6M) | |
Cash And Short Term Investments | 546.8M | 591.7M | 681.1M | 574.6M | 546.1M | 573.4M | |
Net Receivables | 6.0M | 8.9M | 8.2M | 11.0M | 13.6M | 14.3M | |
Common Stock Shares Outstanding | 10.5M | 11.0M | 11.1M | 10.7M | 10.4M | 8.0M | |
Liabilities And Stockholders Equity | 2.4B | 2.8B | 2.8B | 2.9B | 3.1B | 3.2B | |
Other Stockholder Equity | 187.9M | 188.2M | 187.9M | 175.8M | 175.3M | 96.4M | |
Total Liab | 2.2B | 2.5B | 2.6B | 2.7B | 2.8B | 2.9B | |
Property Plant And Equipment Gross | 37.5M | 35.1M | 65.9M | 59.7M | 60.5M | 63.5M | |
Total Current Assets | 552.9M | 600.7M | 689.4M | 585.6M | 559.7M | 517.0M | |
Short Term Debt | 154.9M | 76.8M | 24.9M | 123.7M | 133.6M | 140.3M | |
Non Current Liabilities Total | 94.9M | 89.9M | 33.9M | 61.9M | 2.8B | 2.9B | |
Accumulated Other Comprehensive Income | (480K) | 3.3M | 4.4M | (39.9M) | (28.5M) | (27.1M) | |
Accounts Payable | 34.7M | 38.0M | 40.8M | 61.9M | 55.7M | 52.9M | |
Other Liab | 24.2M | 26.6M | 28.8M | 40.1M | 46.1M | 48.4M | |
Long Term Debt | 94.9M | 89.9M | 33.9M | 138.2M | 169.6M | 178.1M | |
Short Term Investments | 490.4M | 466.5M | 472.4M | 513.7M | 513.5M | 279.4M | |
Inventory | (62.7M) | (134.2M) | (216.9M) | (71.9M) | 19.0M | 19.9M | |
Property Plant Equipment | 37.5M | 43.8M | 34.0M | 29.3M | 33.7M | 28.6M | |
Good Will | 719K | 12.6M | 19.9M | 18.7M | 21.5M | 10.8M | |
Intangible Assets | 7.2M | 5.5M | 4.2M | 3.1M | 2.4M | 2.3M | |
Other Current Assets | 62.7M | 134.2M | 216.9M | 71.9M | 78.8M | 74.9M | |
Treasury Stock | (466K) | (848K) | (1.8M) | (13.5M) | (12.2M) | (11.6M) | |
Net Tangible Assets | 196.1M | 222.1M | 248.7M | 207.1M | 238.2M | 171.9M | |
Retained Earnings Total Equity | 35.2M | 54.1M | 78.7M | 92.5M | 106.3M | 111.7M | |
Long Term Debt Total | 94.9M | 89.9M | 33.9M | 138.2M | 158.9M | 166.8M | |
Capital Surpluse | 188.4M | 189.1M | 189.7M | 189.3M | 217.7M | 162.7M | |
Long Term Investments | 2.1B | 466.5M | 472.4M | 513.7M | 513.5M | 701.4M |
Currently Active Assets on Macroaxis
When determining whether Orrstown Financial is a strong investment it is important to analyze Orrstown Financial'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 Orrstown Financial's future performance. For an informed investment choice regarding Orrstown 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 Orrstown Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 Orrstown Financial. If investors know Orrstown 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 Orrstown Financial 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 (0.22) | Dividend Share 0.83 | Earnings Share 1.36 | Revenue Per Share 11.803 | Quarterly Revenue Growth 0.575 |
The market value of Orrstown Financial is measured differently than its book value, which is the value of Orrstown that is recorded on the company's balance sheet. Investors also form their own opinion of Orrstown Financial's value that differs from its market value or its book value, called intrinsic value, which is Orrstown Financial'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 Orrstown Financial's market value can be influenced by many factors that don't directly affect Orrstown Financial'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 Orrstown Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orrstown Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orrstown Financial'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.