Premier Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis
PFC Stock | USD 27.97 0.55 1.93% |
Premier Financial financial indicator trend analysis is much more than just breaking down Premier Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier Financial Corp is a good investment. Please check the relationship between Premier Financial Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Financial Corp Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Premier Financial's Common Stock Shares Outstanding and Cash And Short Term Investments is -0.08. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Premier Financial Corp, assuming nothing else is changed. The correlation between historical values of Premier Financial's Common Stock Shares Outstanding and Cash And Short 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 Common Stock Shares Outstanding of Premier Financial Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Premier Financial's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Premier Financial Corp balance sheet. This account contains Premier Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Premier Financial Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Premier Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier Financial Corp 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 Premier Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At present, Premier Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16.2M | 34.8M | 148.4M | 155.8M | Depreciation And Amortization | 12.5M | 11.1M | 15.1M | 15.8M |
Premier Financial fundamental ratios Correlations
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Premier Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 7.2B | 7.5B | 8.5B | 8.6B | 9.1B | |
Short Long Term Debt Total | 124.1M | 87.3M | 87.5M | 515.5M | 379.2M | 398.1M | |
Other Current Liab | 630.4M | 1.6B | 1.7B | 1.9B | (282.6M) | (268.5M) | |
Total Current Liabilities | 654.4M | 1.6B | 1.7B | 2.3B | 3.5B | 3.6B | |
Total Stockholder Equity | 426.2M | 982.3M | 1.0B | 887.7M | 975.6M | 1.0B | |
Property Plant And Equipment Net | 39.6M | 58.7M | 55.6M | 55.5M | 70.4M | 36.5M | |
Net Debt | (7.1M) | (74.4M) | (76.6M) | 384.9M | 264.4M | 277.6M | |
Retained Earnings | 329.9M | 356.4M | 443.5M | 502.9M | 569.9M | 598.4M | |
Accounts Payable | 2.9B | 6.0B | 6.3B | 6.9B | 7.9B | 8.3B | |
Cash | 131.3M | 159.3M | 161.6M | 128.2M | 114.8M | 85.6M | |
Non Current Assets Total | 437.1M | 1.2B | 1.6B | 1.5B | 9.3B | 9.7B | |
Non Currrent Assets Other | (14.1M) | (1.2B) | (1.6B) | (1.5B) | (1.3B) | (1.3B) | |
Other Assets | 2.6B | 5.1B | 4.5B | 5.8B | (766.9M) | (728.5M) | |
Cash And Short Term Investments | 414.7M | 895.9M | 1.4B | 1.2B | 114.8M | 109.0M | |
Net Receivables | 10.2M | 25.4M | 20.8M | 28.7M | 33.4M | 35.1M | |
Common Stock Shares Outstanding | 19.9M | 35.9M | 37.2M | 35.8M | 35.8M | 18.7M | |
Liabilities And Stockholders Equity | 3.5B | 7.2B | 7.5B | 8.5B | 8.6B | 9.1B | |
Other Stockholder Equity | 91.5M | 610.6M | 583.1M | 558.0M | 559.1M | 587.1M | |
Total Liab | 125.5M | 84.9M | 85.0M | 7.6B | 7.7B | 8.0B | |
Total Current Assets | 424.9M | 921.4M | 1.4B | 1.2B | 114.8M | 217.2M | |
Short Term Debt | 24.0M | 2.4M | 2.5M | 430.4M | 282.6M | 296.8M | |
Non Current Liabilities Total | 125.5M | 84.9M | 85.0M | 7.6B | 4.2B | 4.4B | |
Accumulated Other Comprehensive Income | 4.6M | 15.0M | (3.4M) | (173.5M) | (153.7M) | (146.0M) | |
Other Current Assets | 141.6M | 185.0M | 182.5M | 157.5M | 148.4M | 141.0M | |
Short Term Investments | 283.4M | 736.7M | 1.2B | 1.0B | (781.9M) | (742.8M) | |
Intangible Assets | 14.0M | 43.5M | 43.7M | 40.2M | 30.9M | 22.5M | |
Net Tangible Assets | 322.3M | 664.3M | 681.4M | 569.7M | 655.2M | 371.9M | |
Long Term Debt | 121.1M | 84.9M | 85.0M | 513.1M | 365.2M | 383.5M | |
Retained Earnings Total Equity | 329.2M | 356.4M | 443.5M | 502.9M | 578.3M | 306.7M | |
Capital Surpluse | 162.0M | 689.4M | 691.1M | 691.5M | 795.2M | 834.9M | |
Long Term Investments | 283.4M | 5.7B | 1.2B | 1.0B | 952.5M | 850.6M | |
Treasury Stock | (69.7M) | (78.8M) | (108.0M) | (133.5M) | (120.1M) | (114.1M) | |
Non Current Liabilities Other | 50.4M | 96.8M | 90.9M | 147.8M | 170.0M | 85.6M | |
Property Plant Equipment | 48.5M | 58.7M | 55.6M | 55.5M | 63.9M | 48.9M |
Also Currently Popular
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.When determining whether Premier Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Premier Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Financial Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Premier Financial. If investors know Premier 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 Premier 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 (0.33) | Dividend Share 1.24 | Earnings Share 1.97 | Revenue Per Share 6.89 | Quarterly Revenue Growth (0.07) |
The market value of Premier Financial Corp is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier Financial's value that differs from its market value or its book value, called intrinsic value, which is Premier 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 Premier Financial's market value can be influenced by many factors that don't directly affect Premier 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 Premier Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier 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.