Parke Treasury Stock vs Net Debt 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 Treasury Stock and its Net Debt 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.
Treasury Stock vs Net Debt
Treasury Stock vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parke Bancorp Treasury Stock account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Parke Bancorp's Treasury Stock and Net Debt is 0.2. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Debt 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 Treasury Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Parke Bancorp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Treasury Stock i.e., Parke Bancorp's Treasury Stock and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Treasury Stock
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.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 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 |
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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the 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 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.