Prosperity Non Current Assets Total vs Total Assets Analysis
PB Stock | USD 82.34 0.64 0.78% |
Prosperity Bancshares financial indicator trend analysis is much more than just breaking down Prosperity Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prosperity Bancshares is a good investment. Please check the relationship between Prosperity Bancshares Non Current Assets Total and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. 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 information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
Non Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prosperity Bancshares Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Prosperity Bancshares' Non Current Assets Total and Total Assets is 0.71. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Prosperity Bancshares, assuming nothing else is changed. The correlation between historical values of Prosperity Bancshares' Non Current Assets Total 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 Non Current Assets Total of Prosperity Bancshares 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 Non Current Assets Total i.e., Prosperity Bancshares' Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Assets
Total assets refers to the total amount of Prosperity Bancshares 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 Prosperity Bancshares 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 Prosperity Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prosperity Bancshares 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 Prosperity Bancshares. 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 information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.At present, Prosperity Bancshares' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 7.6 B, whereas Tax Provision is forecasted to decline to about 98.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 53.6M | 89.6M | 488.1M | 512.5M | Depreciation And Amortization | 29.6M | 28.3M | 31.0M | 15.8M |
Prosperity Bancshares fundamental ratios Correlations
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Prosperity Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prosperity Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.2B | 34.1B | 37.8B | 37.7B | 38.6B | 40.5B | |
Short Long Term Debt Total | 2.7B | 446.6M | 497.5M | 1.9B | 3.7B | 3.9B | |
Other Current Liab | (1.3B) | 382.7M | 445.6M | (4.5M) | 13.8B | 14.5B | |
Total Current Liabilities | 1.3B | 3.5M | 1.3M | 1.9B | 13.9B | 14.5B | |
Total Stockholder Equity | 6.0B | 6.1B | 6.4B | 6.7B | 7.1B | 7.4B | |
Property Plant And Equipment Net | 326.8M | 323.6M | 319.8M | 339.5M | 406.8M | 427.1M | |
Net Debt | 855.9M | (896.4M) | (2.1B) | 1.4B | 3.3B | 3.4B | |
Retained Earnings | 2.1B | 2.4B | 2.7B | 3.1B | 3.3B | 3.4B | |
Accounts Payable | 8.6M | 3.5M | 1.3M | 4.5M | 34.8M | 36.6M | |
Cash | 573.6M | 1.3B | 2.5B | 423.8M | 458.2M | 407.1M | |
Non Current Assets Total | 12.2B | 12.2B | 16.4B | 18.1B | 50.8B | 53.4B | |
Non Currrent Assets Other | (91.9M) | (97.4M) | (79.2M) | (77.7M) | (16.8B) | (15.9B) | |
Other Assets | 19.0B | 19.8B | 18.3B | 18.6B | (12.8B) | (12.1B) | |
Cash And Short Term Investments | 861.3M | 2.0B | 3.1B | 880.3M | 458.4M | 532.9M | |
Net Receivables | 80.8M | 82.1M | 66.0M | 88.4M | 96.3M | 101.1M | |
Common Stock Shares Outstanding | 73.5M | 93.1M | 92.7M | 91.6M | 92.9M | 53.3M | |
Liabilities And Stockholders Equity | 32.2B | 34.1B | 37.8B | 37.7B | 38.6B | 40.5B | |
Non Current Liabilities Total | 1.4B | 18.4B | 20.3B | 1.9B | 17.7B | 18.6B | |
Other Stockholder Equity | 3.7B | 3.6B | 3.6B | 3.5B | 3.7B | 3.9B | |
Total Liab | 26.2B | 3.5M | 1.3M | 31.0B | 31.5B | 33.1B | |
Total Current Assets | 942.0M | 2.1B | 3.1B | 968.8M | 556.4M | 528.6M | |
Other Current Assets | 661.8M | 1.4B | 2.6B | 514.5M | 556.4M | 528.6M | |
Property Plant And Equipment Gross | 326.8M | 323.6M | 473.0M | 507.0M | 553.3M | 581.0M | |
Common Stock Total Equity | 69.8M | 94.7M | 92.6M | 92.2M | 106.0M | 53.7M | |
Accumulated Other Comprehensive Income | 602K | 769K | 1.8M | (3.5M) | (1.4M) | (1.3M) | |
Short Term Debt | 1.3B | 389.6M | 448.1M | 1.9B | 4.0B | 4.2B | |
Common Stock | 94.7M | 92.6M | 92.2M | 91.3M | 93.7M | 57.5M | |
Other Liab | 140.6M | 178.5M | 186.9M | 127.0M | 146.0M | 73.0M | |
Long Term Debt | 1.0B | 1.4B | 0.0 | 1.9B | 3.7B | 3.9B | |
Short Term Investments | 287.7M | 651.5M | 514.9M | 456.5M | 438.6M | 332.3M | |
Intangible Assets | 86.4M | 73.2M | 61.7M | 51.3M | 64.0M | 44.8M | |
Property Plant Equipment | 326.8M | 323.6M | 319.8M | 339.5M | 390.4M | 195.2M | |
Inventory | (661.8M) | (1.4B) | (2.6B) | (514.5M) | 361.8M | 379.9M | |
Net Tangible Assets | 2.7B | 2.8B | 3.1B | 3.4B | 3.9B | 2.2B | |
Retained Earnings Total Equity | 1.9B | 2.1B | 2.4B | 2.7B | 3.1B | 3.3B | |
Capital Surpluse | 3.7B | 3.6B | 3.6B | 3.5B | 4.1B | 2.6B | |
Long Term Investments | 18.8B | 19.9B | 12.8B | 14.5B | 12.8B | 12.2B | |
Non Current Liabilities Other | 348.7M | 577.0M | 564.7M | 633.7M | 728.8M | 432.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. 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 information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.You can also try the Stocks Directory module to find actively traded stocks 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 Prosperity Bancshares. If investors know Prosperity 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 Prosperity Bancshares 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 0.116 | Dividend Share 2.24 | Earnings Share 4.69 | Revenue Per Share 12.146 | Quarterly Revenue Growth 0.088 |
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' 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 Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' 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 Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' 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.