Richmond Non Current Liabilities Total vs Non Current Assets Total 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 Non Current Liabilities Total 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 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.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richmond Mutual Banc Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Richmond Mutual's Non Current Liabilities Total and Non Current Assets Total is -0.17. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Richmond Mutual Bancorporation 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 Non Current Liabilities Total i.e., Richmond Mutual's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

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 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 Income45.9M51.9M63.1M48.6M
Net Interest Income38.2M41.6M38.9M36.7M

Richmond Mutual fundamental ratios Correlations

0.960.630.620.730.330.780.50.940.910.70.170.420.42-0.420.96-0.110.430.92-0.890.950.890.610.9-0.32-0.91
0.960.730.720.680.380.740.470.980.860.770.160.220.23-0.221.0-0.160.230.88-0.850.970.970.730.86-0.5-0.83
0.630.731.00.290.180.360.50.750.70.98-0.18-0.08-0.080.080.73-0.54-0.070.57-0.850.710.810.990.39-0.86-0.5
0.620.721.00.280.180.350.50.740.680.98-0.18-0.1-0.10.10.72-0.54-0.090.56-0.840.70.81.00.38-0.87-0.49
0.730.680.290.280.730.990.730.540.490.30.750.110.11-0.120.680.420.120.91-0.60.640.640.320.91-0.18-0.91
0.330.380.180.180.730.730.520.20.120.170.860.00.00.00.380.180.010.62-0.280.260.410.210.63-0.15-0.6
0.780.740.360.350.990.730.710.610.530.370.720.10.1-0.110.740.370.110.94-0.640.710.70.390.93-0.24-0.93
0.50.470.50.50.730.520.710.350.490.480.53-0.13-0.130.130.470.17-0.120.68-0.640.390.550.540.49-0.46-0.62
0.940.980.750.740.540.20.610.350.880.8-0.040.270.27-0.270.98-0.270.280.79-0.840.970.950.730.77-0.5-0.75
0.910.860.70.680.490.120.530.490.880.79-0.080.520.52-0.520.86-0.390.530.76-0.910.820.830.660.67-0.31-0.72
0.70.770.980.980.30.170.370.480.80.79-0.20.090.09-0.090.77-0.610.10.62-0.890.730.840.960.44-0.76-0.55
0.170.16-0.18-0.180.750.860.720.53-0.04-0.08-0.2-0.11-0.110.110.160.62-0.110.48-0.020.080.13-0.130.530.09-0.49
0.420.22-0.08-0.10.110.00.1-0.130.270.520.09-0.111.0-1.00.22-0.361.00.3-0.320.190.12-0.170.340.57-0.35
0.420.23-0.08-0.10.110.00.1-0.130.270.520.09-0.111.0-1.00.23-0.361.00.3-0.320.190.12-0.170.340.57-0.35
-0.42-0.220.080.1-0.120.0-0.110.13-0.27-0.52-0.090.11-1.0-1.0-0.220.36-1.0-0.30.31-0.19-0.120.17-0.34-0.570.35
0.961.00.730.720.680.380.740.470.980.860.770.160.220.23-0.22-0.160.230.88-0.850.970.970.730.86-0.5-0.83
-0.11-0.16-0.54-0.540.420.180.370.17-0.27-0.39-0.610.62-0.36-0.360.36-0.16-0.360.050.36-0.1-0.23-0.470.180.26-0.09
0.430.23-0.07-0.090.120.010.11-0.120.280.530.1-0.111.01.0-1.00.23-0.360.31-0.330.20.13-0.160.350.56-0.36
0.920.880.570.560.910.620.940.680.790.760.620.480.30.3-0.30.880.050.31-0.850.840.840.580.95-0.33-0.99
-0.89-0.85-0.85-0.84-0.6-0.28-0.64-0.64-0.84-0.91-0.89-0.02-0.32-0.320.31-0.850.36-0.33-0.85-0.83-0.86-0.82-0.70.530.82
0.950.970.710.70.640.260.710.390.970.820.730.080.190.19-0.190.97-0.10.20.84-0.830.910.710.84-0.51-0.82
0.890.970.810.80.640.410.70.550.950.830.840.130.120.12-0.120.97-0.230.130.84-0.860.910.810.78-0.62-0.76
0.610.730.991.00.320.210.390.540.730.660.96-0.13-0.17-0.170.170.73-0.47-0.160.58-0.820.710.810.4-0.9-0.5
0.90.860.390.380.910.630.930.490.770.670.440.530.340.34-0.340.860.180.350.95-0.70.840.780.4-0.17-0.96
-0.32-0.5-0.86-0.87-0.18-0.15-0.24-0.46-0.5-0.31-0.760.090.570.57-0.57-0.50.260.56-0.330.53-0.51-0.62-0.9-0.170.24
-0.91-0.83-0.5-0.49-0.91-0.6-0.93-0.62-0.75-0.72-0.55-0.49-0.35-0.350.35-0.83-0.09-0.36-0.990.82-0.82-0.76-0.5-0.960.24
Click cells to compare fundamentals

Richmond Mutual Account Relationship Matchups

Richmond Mutual fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets986.0M1.1B1.3B1.3B1.5B1.2B
Short Long Term Debt Total136.1M154M170M180M271M187.8M
Other Current Liab(296.8K)(222.1K)5.5M24.3M759.3M797.3M
Total Current Liabilities296.8K222.1K258.0K1.4M868.4M911.8M
Total Stockholder Equity187.8M192.7M180.5M133.0M134.9M156.6M
Other Liab26.7M23.7M4.3M10.4M11.9M14.5M
Net Tangible Assets187.8M192.7M180.5M133.0M152.9M158.0M
Property Plant And Equipment Net14.1M14.9M14.3M13.7M13.8M15.5M
Net Debt113.4M121.2M157.0M163.6M250.8M159.5M
Retained Earnings70.1M78.3M80.2M88.7M87.9M87.1M
Accounts Payable296.8K222.1K258.0K1.4M4.4M4.6M
Cash40.6M48.8M23.0M16.4M12.0M19.7M
Non Current Assets Total232.8M273.3M382.6M298.6B1.4B1.4B
Non Currrent Assets Other(8.8M)(8.8M)(7.0M)298.2B1.4B1.3B
Other Assets398.2M395.7M373.5M(302.0B)(12.7M)(13.3M)
Long Term Debt136.1M154M170M180M271M187.8M
Cash And Short Term Investments242.4M293.3M380.6M13.7M12.0M11.4M
Net Receivables112.6M121.9M131.0M4.7B160.5M152.5M
Common Stock Shares Outstanding12.5M12.3M11.6M11.1M10.5M9.6M
Short Term Investments201.8M244.5M357.5M284.9M545.2M294.6M
Liabilities And Stockholders Equity986.0M1.1B1.3B1.3B1.5B1.2B
Non Current Liabilities Total154M170M180M1.4M1.3B1.4B
Inventory(43.6M)(53.5M)(27.2M)4.6B(5.8B)(5.5B)
Other Current Assets43.6M53.5M27.2M21.1M26.1M24.8M
Other Stockholder Equity118.2M124.2M114.3M93.9M101.3M90.8M
Total Liab798.3M891.5M1.1B1.2B1.3B1.1B
Net Invested Capital341.8M362.7M360.5M313.0M405.9M344.4M
Long Term Investments217.7M256.7M366.6M291.6M287.6M268.2M
Property Plant And Equipment Gross14.1M29.9M28.9M28.0M28.2M24.6M
Total Current Assets355.0M415.1M511.5M4.7B26.1M24.8M
Accumulated Other Comprehensive Income(660.7K)3.7M(1.2M)(49.8M)(54.5M)(51.8M)
Intangible Assets1.0M1.7M1.6M2.0M1.9M1.7M
Common Stock135.3K131.9K124.0K117.8K112.1K97.6K
Property Plant Equipment14.1M14.9M14.3M13.7M15.7M15.5M
Capital Stock135.3K131.9K124.0K117.8K112.1K113.9K
Short Term Debt11M170M6M27.1M109.1M68.8M

Currently Active Assets on Macroaxis

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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.