Provident Historical Balance Sheet

PVBC Stock  USD 11.48  0.10  0.86%   
Trend analysis of Provident Bancorp balance sheet accounts such as Property Plant And Equipment Net of 16.2 M, Retained Earnings of 90.9 M, Accounts Payable of 945.5 M or Cash of 231.3 M provides information on Provident Bancorp's total assets, liabilities, and equity, which is the actual value of Provident Bancorp to its prevalent stockholders. By breaking down trends over time using Provident Bancorp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Provident Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Provident Bancorp is a good buy for the upcoming year.

Provident Bancorp Inventory

15.3 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident 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 information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.

About Provident Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Provident Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Provident Bancorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Provident Bancorp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Provident currently owns. An asset can also be divided into two categories, current and non-current.

Provident Bancorp Balance Sheet Chart

At present, Provident Bancorp's Short Term Investments are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Liabilities Total is expected to grow to about 1.4 B, whereas Total Assets are forecasted to decline to about 1.2 B.

Total Assets

Total assets refers to the total amount of Provident 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 Provident 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Provident Bancorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Provident Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Provident Bancorp, which is listed under current asset account on Provident Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Provident Bancorp customers. The amounts must be unrestricted with restricted cash listed in a different Provident Bancorp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Provident Bancorp balance sheet. This account contains Provident Bancorp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Provident Bancorp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Provident Bancorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Provident Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Provident 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 information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.At present, Provident Bancorp's Short Term Investments are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Liabilities Total is expected to grow to about 1.4 B, whereas Total Assets are forecasted to decline to about 1.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total17.9M131.1M108.9M62.2M
Total Assets1.7B1.6B1.7B1.2B

Provident Bancorp balance sheet Correlations

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Click cells to compare fundamentals

Provident Bancorp Account Relationship Matchups

Provident Bancorp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.7B1.6B1.7B1.2B
Short Long Term Debt Total28.9M18.0M17.9M131.1M108.9M62.2M
Total Stockholder Equity230.9M235.9M233.8M207.5M221.9M172.8M
Other Liab12.1M14.5M17.7M18.1M20.9M12.3M
Property Plant And Equipment Net18.4M19.0M18.4M17.5M16.8M16.2M
Net Debt(30.8M)(65.8M)(135.2M)50.5M(111.5M)(105.9M)
Retained Earnings94.2M104.5M118.1M94.6M106.3M90.9M
Accounts Payable849.9M1.2B1.5B1.3B1.5B945.5M
Cash59.7M83.8M153.1M80.6M220.3M231.3M
Non Current Assets Total60.2M51.2M55.2M34.3M31.2M29.7M
Non Currrent Assets Other(60.2M)(51.2M)(55.2M)(28.6M)(14.1M)(14.8M)
Other Assets957.4M1.3B1.5B70.2M1.4B864.4M
Long Term Debt68.0M25.0M13.5M18.3M9.7M9.2M
Net Receivables2.9M6.4M5.7M6.6M6.1M4.1M
Common Stock Shares Outstanding18.1M18.1M17.3M16.5M16.6M15.2M
Short Term Investments41.8M32.2M36.8M28.6M28.6M46.8M
Liabilities And Stockholders Equity1.1B1.5B1.7B1.6B1.7B1.2B
Non Current Liabilities Total28.9M18.0M17.9M1.3B1.4B1.4B
Other Stockholder Equity136.1M139.5M123.5M114.9M124.1M80.2M
Total Liab28.9M18.0M17.9M1.4B1.4B1.5B
Property Plant And Equipment Gross18.4M19.0M18.4M17.5M29.2M17.4M
Total Current Assets104.3M122.4M195.7M1.5B226.4M280.2M
Accumulated Other Comprehensive Income458K1.1M649K(2.2M)(8.7M)(8.3M)
Property Plant Equipment18.4M19.0M18.4M17.5M20.2M15.9M
Total Current Liabilities3.9M908.1M1.2B108.5M1.2B710.2M
Net Tangible Assets230.9M235.9M233.8M207.5M238.7M173.4M
Other Current Assets62.5M90.2M158.8M93.3M226.4M237.7M
Long Term Investments41.8M32.2M36.8M28.6M28.6M52.2M
Short Long Term Debt35.0M11.5M0.0108.5M95M99.8M
Short Term Debt3.9M258K261K108.5M95.4M100.2M
Inventory(62.5M)(90.2M)(158.8M)1.3B16.1M15.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Provident Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Provident Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Provident Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Provident Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident 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 information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Provident Bancorp. If investors know Provident 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 Provident 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
(0.73)
Earnings Share
0.32
Revenue Per Share
3.314
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0031
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident 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 Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident 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 Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident 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.