Parke Interest Coverage vs Income Quality Analysis

PKBK Stock

USD 23.61 0.05 0.21%

Parke Bancorp financial indicator trend analysis is much more than just breaking down Parke Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parke Bancorp is a good investment. Please check the relationship between Parke Bancorp Interest Coverage and its Income Quality accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. 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 more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parke Bancorp Interest Coverage account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Parke Bancorp's Interest Coverage and Income Quality is -0.17. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Income Quality in the same time period over historical financial statements of Parke Bancorp, assuming nothing else is changed. The correlation between historical values of Parke Bancorp's Interest Coverage and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Parke Bancorp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Interest Coverage i.e., Parke Bancorp's Interest Coverage and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Coverage

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Parke Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Parke Bancorp 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 Parke Bancorp. 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 more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.At this time, Parke Bancorp's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 11.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.

	2021	2022	2023	2024 (projected)
Gross Profit	77.9M	81.7M	73.0M	39.5M
Total Revenue	77.9M	81.7M	73.0M	39.5M

Gross Profit Total Revenue

Parke Bancorp fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total
Total Assets		0.8	0.74	-0.61	0.65	-0.48	0.8	0.08	-0.11	0.85	0.77	0.79	0.85	-0.19	0.89	1.0	0.79	-0.26	0.84	0.7	0.18	0.18	0.85	0.89	-0.41	0.23
Total Stockholder Equity	0.8		0.47	-0.39	0.96	-0.43	0.55	0.09	-0.02	0.97	0.75	0.55	0.75	-0.39	0.93	0.79	0.56	-0.15	0.67	0.49	0.64	0.65	0.72	0.83	-0.34	0.67
Other Liab	0.74	0.47		-0.7	0.27	-0.56	0.83	0.35	-0.47	0.53	0.65	0.82	0.72	0.18	0.62	0.76	0.82	-0.41	0.7	0.64	-0.1	-0.1	0.6	0.5	-0.5	-0.02
Net Debt	-0.61	-0.39	-0.7		-0.31	0.05	-0.94	0.25	0.05	-0.38	-0.32	-0.91	-0.32	0.38	-0.5	-0.62	-0.91	-0.1	-0.27	-0.16	0.06	0.08	-0.27	-0.58	-0.01	0.04
Retained Earnings	0.65	0.96	0.27	-0.31		-0.28	0.42	-0.02	0.09	0.88	0.61	0.43	0.57	-0.5	0.81	0.63	0.44	-0.03	0.47	0.27	0.76	0.76	0.56	0.76	-0.2	0.76
Accounts Payable	-0.48	-0.43	-0.56	0.05	-0.28		-0.2	-0.73	0.53	-0.5	-0.42	-0.18	-0.69	-0.48	-0.42	-0.48	-0.18	0.95	-0.71	-0.43	-0.04	-0.05	-0.48	-0.12	0.99	-0.09
Cash	0.8	0.55	0.83	-0.94	0.42	-0.2		-0.13	-0.09	0.57	0.6	0.98	0.54	-0.3	0.68	0.81	0.98	-0.01	0.51	0.46	0.01	-0.01	0.52	0.75	-0.12	0.05
Non Current Assets Total	0.08	0.09	0.35	0.25	-0.02	-0.73	-0.13		-0.43	0.14	0.18	-0.14	0.45	0.86	0.07	0.08	-0.14	-0.74	0.48	0.37	-0.13	-0.1	0.27	-0.28	-0.74	-0.06
Non Currrent Assets Other	-0.11	-0.02	-0.47	0.05	0.09	0.53	-0.09	-0.43		-0.09	-0.1	-0.06	-0.3	-0.39	-0.09	-0.12	-0.06	0.54	-0.21	-0.14	-0.01	0.03	-0.05	0.14	0.54	-0.01
Other Assets	0.85	0.97	0.53	-0.38	0.88	-0.5	0.57	0.14	-0.09		0.82	0.55	0.82	-0.31	0.97	0.84	0.56	-0.23	0.77	0.62	0.56	0.56	0.79	0.83	-0.42	0.6
Long Term Debt	0.77	0.75	0.65	-0.32	0.61	-0.42	0.6	0.18	-0.1	0.82		0.62	0.74	-0.13	0.83	0.78	0.62	-0.18	0.75	0.82	0.37	0.38	0.77	0.76	-0.34	0.47
Cash And Short Term Investments	0.79	0.55	0.82	-0.91	0.43	-0.18	0.98	-0.14	-0.06	0.55	0.62		0.53	-0.31	0.66	0.8	1.0	0.01	0.48	0.46	0.01	0.0	0.5	0.76	-0.1	0.06
Common Stock Shares Outstanding	0.85	0.75	0.72	-0.32	0.57	-0.69	0.54	0.45	-0.3	0.82	0.74	0.53		0.15	0.83	0.85	0.53	-0.49	0.92	0.8	0.17	0.17	0.86	0.63	-0.63	0.23
Short Term Investments	-0.19	-0.39	0.18	0.38	-0.5	-0.48	-0.3	0.86	-0.39	-0.31	-0.13	-0.31	0.15		-0.33	-0.19	-0.31	-0.62	0.21	0.23	-0.51	-0.49	0.0	-0.55	-0.53	-0.46
Other Stockholder Equity	0.89	0.93	0.62	-0.5	0.81	-0.42	0.68	0.07	-0.09	0.97	0.83	0.66	0.83	-0.33		0.89	0.67	-0.13	0.79	0.69	0.46	0.46	0.82	0.88	-0.32	0.51
Total Liab	1.0	0.79	0.76	-0.62	0.63	-0.48	0.81	0.08	-0.12	0.84	0.78	0.8	0.85	-0.19	0.89		0.81	-0.26	0.84	0.71	0.16	0.16	0.85	0.89	-0.41	0.22
Total Current Assets	0.79	0.56	0.82	-0.91	0.44	-0.18	0.98	-0.14	-0.06	0.56	0.62	1.0	0.53	-0.31	0.67	0.81		0.01	0.49	0.47	0.02	0.01	0.5	0.76	-0.11	0.07
Common Stock	-0.26	-0.15	-0.41	-0.1	-0.03	0.95	-0.01	-0.74	0.54	-0.23	-0.18	0.01	-0.49	-0.62	-0.13	-0.26	0.01		-0.53	-0.25	0.12	0.11	-0.28	0.13	0.98	0.09
Property Plant Equipment	0.84	0.67	0.7	-0.27	0.47	-0.71	0.51	0.48	-0.21	0.77	0.75	0.48	0.92	0.21	0.79	0.84	0.49	-0.53		0.86	0.11	0.14	0.95	0.6	-0.65	0.2
Short Long Term Debt Total	0.7	0.49	0.64	-0.16	0.27	-0.43	0.46	0.37	-0.14	0.62	0.82	0.46	0.8	0.23	0.69	0.71	0.47	-0.25	0.86		0.01	0.04	0.86	0.56	-0.36	0.13
Other Current Liab	0.18	0.64	-0.1	0.06	0.76	-0.04	0.01	-0.13	-0.01	0.56	0.37	0.01	0.17	-0.51	0.46	0.16	0.02	0.12	0.11	0.01		1.0	0.27	0.37	-0.01	0.99
Total Current Liabilities	0.18	0.65	-0.1	0.08	0.76	-0.05	-0.01	-0.1	0.03	0.56	0.38	0.0	0.17	-0.49	0.46	0.16	0.01	0.11	0.14	0.04	1.0		0.3	0.36	-0.02	0.99
Property Plant And Equipment Net	0.85	0.72	0.6	-0.27	0.56	-0.48	0.52	0.27	-0.05	0.79	0.77	0.5	0.86	0.0	0.82	0.85	0.5	-0.28	0.95	0.86	0.27	0.3		0.71	-0.42	0.36
Net Receivables	0.89	0.83	0.5	-0.58	0.76	-0.12	0.75	-0.28	0.14	0.83	0.76	0.76	0.63	-0.55	0.88	0.89	0.76	0.13	0.6	0.56	0.37	0.36	0.71		-0.03	0.4
Common Stock Total Equity	-0.41	-0.34	-0.5	-0.01	-0.2	0.99	-0.12	-0.74	0.54	-0.42	-0.34	-0.1	-0.63	-0.53	-0.32	-0.41	-0.11	0.98	-0.65	-0.36	-0.01	-0.02	-0.42	-0.03		-0.05
Non Current Liabilities Total	0.23	0.67	-0.02	0.04	0.76	-0.09	0.05	-0.06	-0.01	0.6	0.47	0.06	0.23	-0.46	0.51	0.22	0.07	0.09	0.2	0.13	0.99	0.99	0.36	0.4	-0.05

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Parke Bancorp Account Relationship Matchups

Parke Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	2.1B	2.1B	2.0B	2.0B	1.0B
Total Stockholder Equity	177.6M	200.9M	232.4M	266.0M	284.3M	298.5M
Other Liab	9.7M	13.6M	14.8M	6.3M	7.3M	6.6M
Net Debt	(43.6M)	(191.4M)	(475.7M)	(56.1M)	(12.3M)	(12.9M)
Retained Earnings	44.1M	66.8M	98.0M	131.7M	149.4M	156.9M
Accounts Payable	2.3M	2.3M	1.6M	2.7M	4.1M	3.5M
Cash	191.6M	458.6M	596.6M	182.2M	180.4M	103.4M
Non Current Assets Total	34.7M	27.8M	29.5M	24.7M	24.4M	35.4M
Non Currrent Assets Other	(34.7M)	(27.8M)	(29.5M)	(9.2M)	(24.4M)	(25.6M)
Other Assets	1.4B	1.6B	1.5B	1.8B	1.8B	1.9B
Long Term Debt	148.1M	267.2M	120.9M	126.1M	168.1M	176.5M
Cash And Short Term Investments	218.2M	478.5M	609.9M	191.5M	180.4M	98.4M
Common Stock Shares Outstanding	13.2M	12.0M	12.1M	12.2M	12.1M	10.6M
Short Term Investments	26.6M	19.9M	13.4M	9.4M	7.1M	6.7M
Liabilities And Stockholders Equity	1.7B	2.1B	2.1B	2.0B	2.0B	1.0B
Other Stockholder Equity	131.7M	132.0M	132.4M	133.2M	133.7M	140.4M
Total Liab	1.5B	1.9B	1.9B	1.7B	1.7B	905.9M
Total Current Assets	224.3M	487.3M	617.6M	200.3M	188.9M	104.0M
Common Stock	1.2M	1.2M	1.2M	1.2M	1.2M	1.6M
Property Plant Equipment	6.9M	6.7M	6.3M	6.0M	6.9M	4.8M
Short Long Term Debt Total	260.2M	267.2M	120.9M	126.1M	168.1M	109.8M
Other Current Liab	(2.3M)	(2.3M)	(1.6M)	(2.7M)	803.4M	843.6M
Total Current Liabilities	2.3M	2.3M	1.6M	2.7M	928.4M	974.8M
Property Plant And Equipment Net	6.9M	6.7M	6.3M	6.0M	8.0M	5.1M
Net Receivables	6.1M	8.8M	7.7M	8.8M	8.6M	5.8M
Common Stock Total Equity	1.2M	1.2M	1.2M	1.2M	1.1M	1.5M
Non Current Liabilities Total	148.1M	267.2M	120.9M	2.7M	1.7B	1.8B
Property Plant And Equipment Gross	6.9M	6.7M	12.2M	12.4M	12.3M	12.9M
Accumulated Other Comprehensive Income	58K	463K	245K	(526K)	(404K)	(424.2K)
Short Term Debt	112.2M	56.5M	20M	83.2M	125M	131.3M
Inventory	(202.4M)	(467.5M)	(605.9M)	(192.5M)	171.8M	180.4M
Preferred Stock Total Equity	1.2M	500K	480K	445K	400.5K	380.5K
Net Tangible Assets	177.1M	200.9M	232.4M	265.6M	305.4M	155.8M
Retained Earnings Total Equity	44.1M	66.8M	98.0M	131.7M	151.5M	159.0M
Long Term Debt Total	148.1M	42.5M	42.7M	42.9M	38.6M	65.0M
Capital Surpluse	134.7M	135.0M	135.5M	136.2M	156.6M	99.8M

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When determining whether Parke Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Parke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Parke Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Parke Bancorp Stock:

How To Invest In Parke

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Is Parke Stock a good investment?

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What is Parke Bancorp's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. 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 more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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 Parke Bancorp. If investors know Parke 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 Parke Bancorp 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

6.283

Dividend Share

0.72

Earnings Share

2.34

Revenue Per Share

5.282

Quarterly Revenue Growth

(0.08)

The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke Bancorp'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 Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke Bancorp'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 Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke Bancorp'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.

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Parke Interest Coverage vs Income Quality Analysis

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

Correlation Coefficient

Interest Coverage

Income Quality

Parke Bancorp fundamental ratios Correlations

Parke Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parke Bancorp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock Total Equity	+ 0.99	Accounts Payable
Non Current Liabilities Total	+ 0.99	Other Current Liab
Non Current Liabilities Total	+ 0.99	Total Current Liabilities

Cash	- 0.94	Net Debt
Total Current Assets	- 0.91	Net Debt
Cash And Short Term Investments	- 0.91	Net Debt
Common Stock Total Equity	- 0.74	Non Current Assets Total
Common Stock	- 0.74	Non Current Assets Total
Non Current Assets Total	- 0.73	Accounts Payable