Richmond Long Term Investments vs Net Receivables Analysis
RMBI Stock | USD 14.48 0.13 0.91% |
Richmond Mutual financial indicator trend analysis is much more than just breaking down Richmond Mutual Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richmond Mutual Banc is a good investment. Please check the relationship between Richmond Mutual Long Term Investments and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richmond Mutual Bancorporation. 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.
Long Term Investments vs Net Receivables
Long Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richmond Mutual Banc Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Richmond Mutual's Long Term Investments and Net Receivables is 0.35. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Richmond Mutual Bancorporation, assuming nothing else is changed. The correlation between historical values of Richmond Mutual's Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Richmond Mutual Bancorporation are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Richmond Mutual's Long Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Richmond Mutual balance sheet that represents investments Richmond Mutual Banc intends to hold for over a year. Richmond Mutual Bancorporation long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Receivables
Most indicators from Richmond Mutual's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richmond Mutual Banc 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 Richmond Mutual Bancorporation. 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. As of now, Richmond Mutual's Selling General Administrative is increasing as compared to previous years. The Richmond Mutual's current Sales General And Administrative To Revenue is estimated to increase to 0.62, while Tax Provision is projected to decrease to under 1.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 45.9M | 51.9M | 63.1M | 48.6M | Net Interest Income | 38.2M | 41.6M | 38.9M | 36.7M |
Richmond Mutual fundamental ratios Correlations
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Richmond Mutual Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Richmond Mutual fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 986.0M | 1.1B | 1.3B | 1.3B | 1.5B | 1.2B | |
Short Long Term Debt Total | 136.1M | 154M | 170M | 180M | 271M | 187.8M | |
Other Current Liab | (296.8K) | (222.1K) | 5.5M | 24.3M | 759.3M | 797.3M | |
Total Current Liabilities | 296.8K | 222.1K | 258.0K | 1.4M | 868.4M | 911.8M | |
Total Stockholder Equity | 187.8M | 192.7M | 180.5M | 133.0M | 134.9M | 156.6M | |
Other Liab | 26.7M | 23.7M | 4.3M | 10.4M | 11.9M | 14.5M | |
Net Tangible Assets | 187.8M | 192.7M | 180.5M | 133.0M | 152.9M | 158.0M | |
Property Plant And Equipment Net | 14.1M | 14.9M | 14.3M | 13.7M | 13.8M | 15.5M | |
Net Debt | 113.4M | 121.2M | 157.0M | 163.6M | 250.8M | 159.5M | |
Retained Earnings | 70.1M | 78.3M | 80.2M | 88.7M | 87.9M | 87.1M | |
Accounts Payable | 296.8K | 222.1K | 258.0K | 1.4M | 4.4M | 4.6M | |
Cash | 40.6M | 48.8M | 23.0M | 16.4M | 12.0M | 19.7M | |
Non Current Assets Total | 232.8M | 273.3M | 382.6M | 298.6B | 1.4B | 1.4B | |
Non Currrent Assets Other | (8.8M) | (8.8M) | (7.0M) | 298.2B | 1.4B | 1.3B | |
Other Assets | 398.2M | 395.7M | 373.5M | (302.0B) | (12.7M) | (13.3M) | |
Long Term Debt | 136.1M | 154M | 170M | 180M | 271M | 187.8M | |
Cash And Short Term Investments | 242.4M | 293.3M | 380.6M | 13.7M | 12.0M | 11.4M | |
Net Receivables | 112.6M | 121.9M | 131.0M | 4.7B | 160.5M | 152.5M | |
Common Stock Shares Outstanding | 12.5M | 12.3M | 11.6M | 11.1M | 10.5M | 9.6M | |
Short Term Investments | 201.8M | 244.5M | 357.5M | 284.9M | 545.2M | 294.6M | |
Liabilities And Stockholders Equity | 986.0M | 1.1B | 1.3B | 1.3B | 1.5B | 1.2B | |
Non Current Liabilities Total | 154M | 170M | 180M | 1.4M | 1.3B | 1.4B | |
Inventory | (43.6M) | (53.5M) | (27.2M) | 4.6B | (5.8B) | (5.5B) | |
Other Current Assets | 43.6M | 53.5M | 27.2M | 21.1M | 26.1M | 24.8M | |
Other Stockholder Equity | 118.2M | 124.2M | 114.3M | 93.9M | 101.3M | 90.8M | |
Total Liab | 798.3M | 891.5M | 1.1B | 1.2B | 1.3B | 1.1B | |
Net Invested Capital | 341.8M | 362.7M | 360.5M | 313.0M | 405.9M | 344.4M | |
Long Term Investments | 217.7M | 256.7M | 366.6M | 291.6M | 287.6M | 268.2M | |
Property Plant And Equipment Gross | 14.1M | 29.9M | 28.9M | 28.0M | 28.2M | 24.6M | |
Total Current Assets | 355.0M | 415.1M | 511.5M | 4.7B | 26.1M | 24.8M | |
Accumulated Other Comprehensive Income | (660.7K) | 3.7M | (1.2M) | (49.8M) | (54.5M) | (51.8M) | |
Intangible Assets | 1.0M | 1.7M | 1.6M | 2.0M | 1.9M | 1.7M | |
Common Stock | 135.3K | 131.9K | 124.0K | 117.8K | 112.1K | 97.6K | |
Property Plant Equipment | 14.1M | 14.9M | 14.3M | 13.7M | 15.7M | 15.5M | |
Capital Stock | 135.3K | 131.9K | 124.0K | 117.8K | 112.1K | 113.9K | |
Short Term Debt | 11M | 170M | 6M | 27.1M | 109.1M | 68.8M |
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When determining whether Richmond Mutual Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Richmond Mutual'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 Richmond Mutual Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Richmond Mutual Bancorporation Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richmond Mutual Bancorporation. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 Richmond Mutual. If investors know Richmond 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 Richmond Mutual 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 0.276 | Dividend Share 0.56 | Earnings Share 0.87 | Revenue Per Share 4.169 | Quarterly Revenue Growth 0.061 |
The market value of Richmond Mutual Banc is measured differently than its book value, which is the value of Richmond that is recorded on the company's balance sheet. Investors also form their own opinion of Richmond Mutual's value that differs from its market value or its book value, called intrinsic value, which is Richmond Mutual'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 Richmond Mutual's market value can be influenced by many factors that don't directly affect Richmond Mutual'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 Richmond Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Richmond Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richmond Mutual'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.