Provident Short Term Debt vs Non Current Assets Total Analysis
PVBC Stock | USD 11.58 0.19 1.67% |
Provident Bancorp financial indicator trend analysis is much more than just breaking down Provident Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Bancorp is a good investment. Please check the relationship between Provident Bancorp Short Term Debt and its Non Current Assets Total accounts. 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.
Short Term Debt vs Non Current Assets Total
Short Term Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Bancorp Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Provident Bancorp's Short Term Debt and Non Current Assets Total is -0.44. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Provident Bancorp, assuming nothing else is changed. The correlation between historical values of Provident Bancorp's Short Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Provident Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., Provident Bancorp's Short Term Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Provident Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.The current year's Enterprise Value is expected to grow to about 106.1 M, whereas Selling General Administrative is forecasted to decline to about 23.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.4M | 4.3M | 32.1M | 33.7M | Depreciation And Amortization | 870K | 940K | 1.1M | 953.9K |
Provident Bancorp fundamental ratios Correlations
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Provident Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Provident Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.5B | 1.7B | 1.6B | 1.7B | 1.2B | |
Short Long Term Debt Total | 28.9M | 18.0M | 17.9M | 131.1M | 108.9M | 62.2M | |
Total Stockholder Equity | 230.9M | 235.9M | 233.8M | 207.5M | 221.9M | 172.8M | |
Other Liab | 12.1M | 14.5M | 17.7M | 18.1M | 20.9M | 12.3M | |
Property Plant And Equipment Net | 18.4M | 19.0M | 18.4M | 17.5M | 16.8M | 16.2M | |
Net Debt | (30.8M) | (65.8M) | (135.2M) | 50.5M | (111.5M) | (105.9M) | |
Retained Earnings | 94.2M | 104.5M | 118.1M | 94.6M | 106.3M | 90.9M | |
Accounts Payable | 849.9M | 1.2B | 1.5B | 1.3B | 1.5B | 945.5M | |
Cash | 59.7M | 83.8M | 153.1M | 80.6M | 220.3M | 231.3M | |
Non Current Assets Total | 60.2M | 51.2M | 55.2M | 34.3M | 31.2M | 29.7M | |
Non Currrent Assets Other | (60.2M) | (51.2M) | (55.2M) | (28.6M) | (14.1M) | (14.8M) | |
Other Assets | 957.4M | 1.3B | 1.5B | 70.2M | 1.4B | 864.4M | |
Long Term Debt | 68.0M | 25.0M | 13.5M | 18.3M | 9.7M | 9.2M | |
Net Receivables | 2.9M | 6.4M | 5.7M | 6.6M | 6.1M | 4.1M | |
Common Stock Shares Outstanding | 18.1M | 18.1M | 17.3M | 16.5M | 16.6M | 15.2M | |
Short Term Investments | 41.8M | 32.2M | 36.8M | 28.6M | 28.6M | 46.8M | |
Liabilities And Stockholders Equity | 1.1B | 1.5B | 1.7B | 1.6B | 1.7B | 1.2B | |
Non Current Liabilities Total | 28.9M | 18.0M | 17.9M | 1.3B | 1.4B | 1.4B | |
Other Stockholder Equity | 136.1M | 139.5M | 123.5M | 114.9M | 124.1M | 80.2M | |
Total Liab | 28.9M | 18.0M | 17.9M | 1.4B | 1.4B | 1.5B | |
Property Plant And Equipment Gross | 18.4M | 19.0M | 18.4M | 17.5M | 29.2M | 17.4M | |
Total Current Assets | 104.3M | 122.4M | 195.7M | 1.5B | 226.4M | 280.2M | |
Accumulated Other Comprehensive Income | 458K | 1.1M | 649K | (2.2M) | (8.7M) | (8.3M) | |
Property Plant Equipment | 18.4M | 19.0M | 18.4M | 17.5M | 20.2M | 15.9M | |
Total Current Liabilities | 3.9M | 908.1M | 1.2B | 108.5M | 1.2B | 710.2M | |
Net Tangible Assets | 230.9M | 235.9M | 233.8M | 207.5M | 238.7M | 173.4M | |
Other Current Assets | 62.5M | 90.2M | 158.8M | 93.3M | 226.4M | 237.7M | |
Long Term Investments | 41.8M | 32.2M | 36.8M | 28.6M | 28.6M | 52.2M | |
Short Long Term Debt | 35.0M | 11.5M | 0.0 | 108.5M | 95M | 99.8M | |
Short Term Debt | 3.9M | 258K | 261K | 108.5M | 95.4M | 100.2M | |
Inventory | (62.5M) | (90.2M) | (158.8M) | 1.3B | 16.1M | 15.3M |
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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.