Premier Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.
Retained Earnings vs Total Current Liabilities
Retained Earnings vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Financial Corp Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Premier Financial's Retained Earnings and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings 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 Retained Earnings of Premier Financial Corp 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 Retained Earnings i.e., Premier Financial's Retained Earnings and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Liabilities
Total Current Liabilities is an item on Premier Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Premier Financial Corp 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 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 |
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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.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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.