Parke Total Liab vs Total Assets Analysis
PKBK Stock | USD 23.61 0.06 0.25% |
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 Total Liab and its Total Assets 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.
Total Liab vs Total Assets
Total Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parke Bancorp Total Liab account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Parke Bancorp's Total Liab and Total Assets is 1.0. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Parke Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Parke Bancorp's Total Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Assets
Total assets refers to the total amount of Parke Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Parke Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 |
Parke Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Parke Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 ArchitectCheck 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.