Parke Long Term Debt Total vs Treasury Stock Analysis

PKBK Stock  USD 23.55  0.52  2.26%   
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 Long Term Debt Total and its Treasury Stock 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.

Long Term Debt Total vs Treasury Stock

Long Term Debt Total vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parke Bancorp Long Term Debt Total account and Treasury Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Parke Bancorp's Long Term Debt Total and Treasury Stock is -0.18. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Treasury Stock 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 Long Term Debt Total and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Parke Bancorp are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Long Term Debt Total i.e., Parke Bancorp's Long Term Debt Total and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt Total

Treasury Stock

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 Enterprise Value Multiple will most likely fall to 5.96.
 2021 2022 2023 2024 (projected)
Gross Profit77.9M81.7M73.0M39.5M
Total Revenue77.9M81.7M73.0M39.5M

Parke Bancorp fundamental ratios Correlations

0.80.74-0.610.65-0.480.80.08-0.110.850.770.790.85-0.190.891.00.79-0.260.840.70.180.180.850.89-0.410.23
0.80.47-0.390.96-0.430.550.09-0.020.970.750.550.75-0.390.930.790.56-0.150.670.490.640.650.720.83-0.340.67
0.740.47-0.70.27-0.560.830.35-0.470.530.650.820.720.180.620.760.82-0.410.70.64-0.1-0.10.60.5-0.5-0.02
-0.61-0.39-0.7-0.310.05-0.940.250.05-0.38-0.32-0.91-0.320.38-0.5-0.62-0.91-0.1-0.27-0.160.060.08-0.27-0.58-0.010.04
0.650.960.27-0.31-0.280.42-0.020.090.880.610.430.57-0.50.810.630.44-0.030.470.270.760.760.560.76-0.20.76
-0.48-0.43-0.560.05-0.28-0.2-0.730.53-0.5-0.42-0.18-0.69-0.48-0.42-0.48-0.180.95-0.71-0.43-0.04-0.05-0.48-0.120.99-0.09
0.80.550.83-0.940.42-0.2-0.13-0.090.570.60.980.54-0.30.680.810.98-0.010.510.460.01-0.010.520.75-0.120.05
0.080.090.350.25-0.02-0.73-0.13-0.430.140.18-0.140.450.860.070.08-0.14-0.740.480.37-0.13-0.10.27-0.28-0.74-0.06
-0.11-0.02-0.470.050.090.53-0.09-0.43-0.09-0.1-0.06-0.3-0.39-0.09-0.12-0.060.54-0.21-0.14-0.010.03-0.050.140.54-0.01
0.850.970.53-0.380.88-0.50.570.14-0.090.820.550.82-0.310.970.840.56-0.230.770.620.560.560.790.83-0.420.6
0.770.750.65-0.320.61-0.420.60.18-0.10.820.620.74-0.130.830.780.62-0.180.750.820.370.380.770.76-0.340.47
0.790.550.82-0.910.43-0.180.98-0.14-0.060.550.620.53-0.310.660.81.00.010.480.460.010.00.50.76-0.10.06
0.850.750.72-0.320.57-0.690.540.45-0.30.820.740.530.150.830.850.53-0.490.920.80.170.170.860.63-0.630.23
-0.19-0.390.180.38-0.5-0.48-0.30.86-0.39-0.31-0.13-0.310.15-0.33-0.19-0.31-0.620.210.23-0.51-0.490.0-0.55-0.53-0.46
0.890.930.62-0.50.81-0.420.680.07-0.090.970.830.660.83-0.330.890.67-0.130.790.690.460.460.820.88-0.320.51
1.00.790.76-0.620.63-0.480.810.08-0.120.840.780.80.85-0.190.890.81-0.260.840.710.160.160.850.89-0.410.22
0.790.560.82-0.910.44-0.180.98-0.14-0.060.560.621.00.53-0.310.670.810.010.490.470.020.010.50.76-0.110.07
-0.26-0.15-0.41-0.1-0.030.95-0.01-0.740.54-0.23-0.180.01-0.49-0.62-0.13-0.260.01-0.53-0.250.120.11-0.280.130.980.09
0.840.670.7-0.270.47-0.710.510.48-0.210.770.750.480.920.210.790.840.49-0.530.860.110.140.950.6-0.650.2
0.70.490.64-0.160.27-0.430.460.37-0.140.620.820.460.80.230.690.710.47-0.250.860.010.040.860.56-0.360.13
0.180.64-0.10.060.76-0.040.01-0.13-0.010.560.370.010.17-0.510.460.160.020.120.110.011.00.270.37-0.010.99
0.180.65-0.10.080.76-0.05-0.01-0.10.030.560.380.00.17-0.490.460.160.010.110.140.041.00.30.36-0.020.99
0.850.720.6-0.270.56-0.480.520.27-0.050.790.770.50.860.00.820.850.5-0.280.950.860.270.30.71-0.420.36
0.890.830.5-0.580.76-0.120.75-0.280.140.830.760.760.63-0.550.880.890.760.130.60.560.370.360.71-0.030.4
-0.41-0.34-0.5-0.01-0.20.99-0.12-0.740.54-0.42-0.34-0.1-0.63-0.53-0.32-0.41-0.110.98-0.65-0.36-0.01-0.02-0.42-0.03-0.05
0.230.67-0.020.040.76-0.090.05-0.06-0.010.60.470.060.23-0.460.510.220.070.090.20.130.990.990.360.4-0.05
Click cells to compare fundamentals

Parke Bancorp Account Relationship Matchups

Parke Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.1B2.1B2.0B2.0B1.0B
Total Stockholder Equity177.6M200.9M232.4M266.0M284.3M298.5M
Other Liab9.7M13.6M14.8M6.3M7.3M6.6M
Net Debt(43.6M)(191.4M)(475.7M)(56.1M)(12.3M)(12.9M)
Retained Earnings44.1M66.8M98.0M131.7M149.4M156.9M
Accounts Payable2.3M2.3M1.6M2.7M4.1M3.5M
Cash191.6M458.6M596.6M182.2M180.4M103.4M
Non Current Assets Total34.7M27.8M29.5M24.7M24.4M35.4M
Non Currrent Assets Other(34.7M)(27.8M)(29.5M)(9.2M)(24.4M)(25.6M)
Other Assets1.4B1.6B1.5B1.8B1.8B1.9B
Long Term Debt148.1M267.2M120.9M126.1M168.1M176.5M
Cash And Short Term Investments218.2M478.5M609.9M191.5M180.4M98.4M
Common Stock Shares Outstanding13.2M12.0M12.1M12.2M12.1M10.6M
Short Term Investments26.6M19.9M13.4M9.4M7.1M6.7M
Liabilities And Stockholders Equity1.7B2.1B2.1B2.0B2.0B1.0B
Other Stockholder Equity131.7M132.0M132.4M133.2M133.7M140.4M
Total Liab1.5B1.9B1.9B1.7B1.7B905.9M
Total Current Assets224.3M487.3M617.6M200.3M188.9M104.0M
Common Stock1.2M1.2M1.2M1.2M1.2M1.6M
Property Plant Equipment6.9M6.7M6.3M6.0M6.9M4.8M
Short Long Term Debt Total260.2M267.2M120.9M126.1M168.1M109.8M
Other Current Liab(2.3M)(2.3M)(1.6M)(2.7M)803.4M843.6M
Total Current Liabilities2.3M2.3M1.6M2.7M928.4M974.8M
Property Plant And Equipment Net6.9M6.7M6.3M6.0M8.0M5.1M
Net Receivables6.1M8.8M7.7M8.8M8.6M5.8M
Common Stock Total Equity1.2M1.2M1.2M1.2M1.1M1.5M
Non Current Liabilities Total148.1M267.2M120.9M2.7M1.7B1.8B
Property Plant And Equipment Gross6.9M6.7M12.2M12.4M12.3M12.9M
Accumulated Other Comprehensive Income58K463K245K(526K)(404K)(424.2K)
Short Term Debt112.2M56.5M20M83.2M125M131.3M
Inventory(202.4M)(467.5M)(605.9M)(192.5M)171.8M180.4M
Preferred Stock Total Equity1.2M500K480K445K400.5K380.5K
Net Tangible Assets177.1M200.9M232.4M265.6M305.4M155.8M
Retained Earnings Total Equity44.1M66.8M98.0M131.7M151.5M159.0M
Long Term Debt Total148.1M42.5M42.7M42.9M38.6M65.0M
Capital Surpluse134.7M135.0M135.5M136.2M156.6M99.8M

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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:
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.