Patriot Net Debt vs Asset Turnover Analysis

PNBK Stock

USD 2.25 0.45 25.00%

Patriot National financial indicator trend analysis is much more than just breaking down Patriot National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patriot National Bancorp is a good investment. Please check the relationship between Patriot National Net Debt and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot National 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.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patriot National Bancorp Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have very week relationship.

The correlation between Patriot National's Net Debt and Asset Turnover is 0.27. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Patriot National Bancorp, assuming nothing else is changed. The correlation between historical values of Patriot National's Net Debt and Asset Turnover 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 Patriot National Bancorp are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Patriot National's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from Patriot National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patriot National 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 Patriot National 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.

Enterprise Value is expected to rise to about 172 M this year, although the value of Selling General Administrative will most likely fall to about 10.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	7.1M	10.8M	30.5M	32.0M
Depreciation And Amortization	1.4M	1.3M	1.4M	893.9K

Interest Expense Depreciation And Amortization

Patriot National fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Good Will	Common Stock Total Equity	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross
Total Assets		0.63	0.79	0.74	0.62	-0.32	0.23	-0.23	-0.24	0.26	0.47	0.78	0.32	-0.22	0.36	-0.26	0.31	0.54	-0.01	0.33	0.43	0.22	0.52	-0.02	0.03	0.74
Short Long Term Debt Total	0.63		0.51	0.83	0.92	-0.25	0.36	-0.3	-0.3	0.42	0.26	0.36	0.56	-0.17	0.59	-0.42	-0.01	0.47	-0.35	0.5	0.56	-0.19	0.51	-0.25	-0.15	0.82
Total Stockholder Equity	0.79	0.51		0.7	0.36	-0.41	0.52	-0.25	-0.25	0.22	0.78	0.85	-0.12	0.17	0.17	-0.21	0.1	0.16	0.25	-0.05	0.01	0.14	0.13	-0.05	0.06	0.54
Property Plant And Equipment Net	0.74	0.83	0.7		0.83	-0.03	0.2	-0.32	-0.32	0.5	0.41	0.44	0.32	-0.26	0.3	-0.5	0.13	0.5	-0.36	0.35	0.31	0.24	0.49	-0.42	-0.1	0.91
Net Debt	0.62	0.92	0.36	0.83		-0.09	-0.02	-0.26	-0.25	0.46	0.02	0.2	0.67	-0.46	0.48	-0.46	0.07	0.69	-0.49	0.66	0.67	-0.02	0.72	-0.27	-0.21	0.89
Retained Earnings	-0.32	-0.25	-0.41	-0.03	-0.09		-0.45	-0.51	-0.5	0.51	-0.36	-0.69	-0.13	-0.43	-0.32	-0.51	0.21	0.1	-0.62	0.1	-0.13	0.58	0.08	-0.27	0.12	0.01
Cash	0.23	0.36	0.52	0.2	-0.02	-0.45		-0.18	-0.18	0.01	0.66	0.55	-0.21	0.66	0.36	0.0	-0.19	-0.43	0.28	-0.32	-0.22	-0.41	-0.42	-0.01	0.12	-0.02
Non Current Assets Total	-0.23	-0.3	-0.25	-0.32	-0.26	-0.51	-0.18		1.0	-0.85	-0.07	0.09	0.13	0.28	-0.02	0.85	-0.1	-0.24	0.34	-0.23	-0.18	-0.29	-0.23	-0.11	-0.23	-0.32
Non Currrent Assets Other	-0.24	-0.3	-0.25	-0.32	-0.25	-0.5	-0.18	1.0		-0.85	-0.08	0.07	0.13	0.28	-0.02	0.85	-0.11	-0.24	0.33	-0.22	-0.18	-0.29	-0.23	-0.12	-0.23	-0.32
Other Assets	0.26	0.42	0.22	0.5	0.46	0.51	0.01	-0.85	-0.85		-0.08	-0.11	0.04	-0.36	0.05	-1.0	0.11	0.32	-0.55	0.32	0.19	0.31	0.32	0.13	0.25	0.48
Cash And Short Term Investments	0.47	0.26	0.78	0.41	0.02	-0.36	0.66	-0.07	-0.08	-0.08		0.68	-0.27	0.27	-0.02	0.09	0.03	-0.02	0.2	-0.11	-0.13	0.08	-0.06	-0.25	-0.11	0.28
Common Stock Shares Outstanding	0.78	0.36	0.85	0.44	0.2	-0.69	0.55	0.09	0.07	-0.11	0.68		-0.03	0.29	0.24	0.11	0.11	0.05	0.44	-0.1	0.01	-0.12	0.03	0.09	-0.03	0.32
Non Current Liabilities Total	0.32	0.56	-0.12	0.32	0.67	-0.13	-0.21	0.13	0.13	0.04	-0.27	-0.03		-0.43	0.69	-0.05	0.47	0.58	-0.51	0.73	0.74	-0.17	0.62	-0.09	-0.23	0.55
Other Stockholder Equity	-0.22	-0.17	0.17	-0.26	-0.46	-0.43	0.66	0.28	0.28	-0.36	0.27	0.29	-0.43		0.22	0.36	-0.33	-0.89	0.53	-0.76	-0.66	-0.48	-0.88	0.14	0.28	-0.56
Total Liab	0.36	0.59	0.17	0.3	0.48	-0.32	0.36	-0.02	-0.02	0.05	-0.02	0.24	0.69	0.22		-0.05	0.32	0.01	-0.17	0.28	0.41	-0.37	0.06	0.06	0.17	0.32
Total Current Assets	-0.26	-0.42	-0.21	-0.5	-0.46	-0.51	0.0	0.85	0.85	-1.0	0.09	0.11	-0.05	0.36	-0.05		-0.11	-0.32	0.56	-0.32	-0.19	-0.31	-0.32	-0.13	-0.25	-0.48
Net Receivables	0.31	-0.01	0.1	0.13	0.07	0.21	-0.19	-0.1	-0.11	0.11	0.03	0.11	0.47	-0.33	0.32	-0.11		0.33	-0.32	0.36	0.19	0.28	0.3	-0.02	-0.12	0.28
Common Stock	0.54	0.47	0.16	0.5	0.69	0.1	-0.43	-0.24	-0.24	0.32	-0.02	0.05	0.58	-0.89	0.01	-0.32	0.33		-0.43	0.8	0.79	0.34	1.0	-0.1	-0.32	0.76
Other Liab	-0.01	-0.35	0.25	-0.36	-0.49	-0.62	0.28	0.34	0.33	-0.55	0.2	0.44	-0.51	0.53	-0.17	0.56	-0.32	-0.43		-0.63	-0.36	-0.23	-0.45	0.35	0.15	-0.5
Accounts Payable	0.33	0.5	-0.05	0.35	0.66	0.1	-0.32	-0.23	-0.22	0.32	-0.11	-0.1	0.73	-0.76	0.28	-0.32	0.36	0.8	-0.63		0.87	0.1	0.83	-0.09	-0.31	0.68
Long Term Debt	0.43	0.56	0.01	0.31	0.67	-0.13	-0.22	-0.18	-0.18	0.19	-0.13	0.01	0.74	-0.66	0.41	-0.19	0.19	0.79	-0.36	0.87		-0.02	0.83	0.11	-0.14	0.63
Good Will	0.22	-0.19	0.14	0.24	-0.02	0.58	-0.41	-0.29	-0.29	0.31	0.08	-0.12	-0.17	-0.48	-0.37	-0.31	0.28	0.34	-0.23	0.1	-0.02		0.29	-0.18	0.38	0.26
Common Stock Total Equity	0.52	0.51	0.13	0.49	0.72	0.08	-0.42	-0.23	-0.23	0.32	-0.06	0.03	0.62	-0.88	0.06	-0.32	0.3	1.0	-0.45	0.83	0.83	0.29		-0.1	-0.31	0.76
Short Term Investments	-0.02	-0.25	-0.05	-0.42	-0.27	-0.27	-0.01	-0.11	-0.12	0.13	-0.25	0.09	-0.09	0.14	0.06	-0.13	-0.02	-0.1	0.35	-0.09	0.11	-0.18	-0.1		0.48	-0.33
Other Current Assets	0.03	-0.15	0.06	-0.1	-0.21	0.12	0.12	-0.23	-0.23	0.25	-0.11	-0.03	-0.23	0.28	0.17	-0.25	-0.12	-0.32	0.15	-0.31	-0.14	0.38	-0.31	0.48		-0.19
Property Plant And Equipment Gross	0.74	0.82	0.54	0.91	0.89	0.01	-0.02	-0.32	-0.32	0.48	0.28	0.32	0.55	-0.56	0.32	-0.48	0.28	0.76	-0.5	0.68	0.63	0.26	0.76	-0.33	-0.19

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Patriot National Account Relationship Matchups

Patriot National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	979.8M	880.7M	948.5M	1.0B	1.1B	622.4M
Short Long Term Debt Total	130.9M	120.8M	120.7M	115.2M	201.1M	211.2M
Total Stockholder Equity	67.0M	63.2M	67.3M	59.6M	44.4M	44.9M
Property Plant And Equipment Net	34.6M	33.4M	31.5M	30.6M	31.6M	33.2M
Net Debt	91.5M	86.2M	73.7M	76.7M	148.6M	156.0M
Retained Earnings	(38.8M)	(42.6M)	(37.5M)	(31.3M)	(47.0M)	(44.7M)
Cash	39.4M	34.6M	47.0M	38.5M	52.5M	41.7M
Non Current Assets Total	89.1M	88.6M	131.7M	47.5M	1.0B	800.0M
Non Currrent Assets Other	(11.1M)	(11.5M)	(12.1M)	(89.0M)	868.8M	912.2M
Other Assets	799.4M	701.6M	669.6M	60.9M	22.6M	23.7M
Cash And Short Term Investments	87.7M	83.9M	141.4M	89.7M	52.5M	59.2M
Common Stock Shares Outstanding	3.9M	3.9M	4.0M	3.9M	4.0M	2.1M
Liabilities And Stockholders Equity	979.8M	880.7M	948.5M	1.0B	1.1B	622.4M
Non Current Liabilities Total	130.9M	120.8M	120.7M	983.8M	1.0B	1.1B
Other Stockholder Equity	13.9M	(42.6M)	(1.6M)	(15.6M)	(1.0)	(0.95)
Total Liab	130.9M	120.8M	120.7M	983.8M	1.0B	1.1B
Total Current Assets	91.3M	90.5M	147.2M	935.0M	52.5M	49.9M
Net Receivables	3.6M	6.6M	5.8M	845.3M	7.2M	6.9M
Accumulated Other Comprehensive Income	(403K)	(518K)	(1.6M)	(15.6M)	(15.3M)	(14.5M)
Common Stock	106.2M	106.3M	106.5M	106.6M	106.7M	112.0M
Other Liab	3.7M	3.8M	1.1M	886K	1.0M	968.0K
Accounts Payable	8.7M	685.7M	748.6M	860.4M	989.5M	1.0B
Long Term Debt	30.9M	120.8M	120.7M	115.2M	201.1M	211.2M
Short Term Investments	48.3M	49.3M	94.3M	84.5M	89.2M	84.7M
Other Current Assets	45.4M	43.2M	52.9M	45.8M	76.6M	72.8M
Property Plant And Equipment Gross	34.6M	49.2M	47.3M	47.7M	48.0M	50.4M
Intangible Assets	623K	343K	296K	249K	203K	377.3K
Property Plant Equipment	34.6M	33.4M	31.5M	32.9M	37.8M	39.7M
Total Current Liabilities	100.8M	172.0M	239.8M	326.0M	283.1M	195.9M
Short Term Debt	10.7M	12.8M	12.7M	55.8M	171.8M	180.4M
Inventory	(45.4M)	(43.2M)	(52.9M)	792.2M	(59.7M)	(56.7M)
Other Current Liab	90.1M	159.2M	227.1M	270.2M	111.3M	189.4M
Net Tangible Assets	65.3M	61.8M	65.9M	58.2M	67.0M	65.0M
Retained Earnings Total Equity	(38.8M)	(35.8M)	(38.8M)	(42.6M)	(49.0M)	(51.4M)
Long Term Debt Total	21.4M	31.0M	30.9M	30.8M	27.7M	23.4M
Long Term Investments	70.4M	53.7M	98.8M	89.0M	93.6M	53.8M

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When determining whether Patriot National 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 Patriot 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 Patriot National Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Patriot National Bancorp Stock:

How To Invest In Patriot

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Is Patriot Stock a good investment?

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What is Patriot National's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot National 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.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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 Patriot National. If investors know Patriot 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 Patriot National 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

(0.48)

Earnings Share

(7.40)

Revenue Per Share

6.099

Quarterly Revenue Growth

(0.45)

Return On Assets

(0.01)

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

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

Correlation Coefficient

Net Debt

Asset Turnover

Patriot National fundamental ratios Correlations

Patriot National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Patriot National fundamental ratios Accounts

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

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MAIN CATEGORIES

COMPANY

Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Common Stock Total Equity	+ 1.0	Common Stock
Net Debt	+ 0.92	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.91	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.89	Net Debt
Long Term Debt	+ 0.87	Accounts Payable

Total Current Assets	- 1.0	Other Assets
Common Stock	- 0.89	Other Stockholder Equity
Common Stock Total Equity	- 0.88	Other Stockholder Equity
Other Assets	- 0.85	Non Currrent Assets Other
Other Assets	- 0.85	Non Current Assets Total
Accounts Payable	- 0.76	Other Stockholder Equity