Parke Net Debt vs Property Plant Equipment 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 Net Debt and its Property Plant Equipment 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.

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parke Bancorp Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Parke Bancorp's Net Debt and Property Plant Equipment is -0.27. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment 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 Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Parke Bancorp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Parke Bancorp's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

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

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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:
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.