Red Depreciation And Amortization vs Other Operating Expenses Analysis

RRBI Stock  USD 59.40  0.66  1.12%   
Red River financial indicator trend analysis is much more than just breaking down Red River Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red River Bancshares is a good investment. Please check the relationship between Red River Depreciation And Amortization and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red River Bancshares. 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.

Depreciation And Amortization vs Other Operating Expenses

Depreciation And Amortization vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red River Bancshares Depreciation And Amortization account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Red River's Depreciation And Amortization and Other Operating Expenses is 0.29. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Red River Bancshares, assuming nothing else is changed. The correlation between historical values of Red River's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Red River Bancshares are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Red River's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Red River Bancshares. It is also known as Red River overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Red River's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red River Bancshares 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 Red River Bancshares. 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, Red River's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Red River's current Enterprise Value is estimated to increase to about 184.6 M, while Tax Provision is projected to decrease to under 7.3 M.
 2021 2022 2023 2024 (projected)
Net Interest Income71.7M86.6M88.7M71.2M
Tax Provision7.1M8.1M8.4M7.3M

Red River fundamental ratios Correlations

-0.140.940.940.96-0.730.82-0.28-0.43-0.42-0.630.880.31.00.970.760.790.950.83-0.910.96-0.860.51-0.930.620.87
-0.14-0.23-0.25-0.080.48-0.25-0.62-0.63-0.610.6-0.28-0.52-0.13-0.08-0.68-0.42-0.110.160.19-0.060.290.63-0.14-0.630.14
0.94-0.231.00.94-0.850.76-0.36-0.44-0.43-0.60.860.410.930.850.750.930.970.86-0.970.95-0.830.52-0.830.550.8
0.94-0.251.00.94-0.850.77-0.34-0.41-0.4-0.610.860.40.930.860.750.920.970.86-0.970.95-0.830.5-0.820.560.8
0.96-0.080.940.94-0.770.65-0.36-0.49-0.48-0.440.750.360.960.950.620.790.990.91-0.910.99-0.720.58-0.910.430.94
-0.730.48-0.85-0.85-0.77-0.520.280.320.340.44-0.62-0.81-0.71-0.65-0.69-0.87-0.79-0.620.77-0.760.63-0.370.6-0.41-0.6
0.82-0.250.760.770.65-0.52-0.15-0.2-0.18-0.880.980.140.820.710.870.620.670.54-0.730.65-0.990.27-0.690.850.47
-0.28-0.62-0.36-0.34-0.360.28-0.150.840.85-0.29-0.17-0.2-0.27-0.210.19-0.2-0.38-0.560.28-0.360.19-0.940.420.37-0.4
-0.43-0.63-0.44-0.41-0.490.32-0.20.841.0-0.23-0.23-0.11-0.43-0.410.11-0.32-0.47-0.60.43-0.540.24-0.940.660.28-0.56
-0.42-0.61-0.43-0.4-0.480.34-0.180.851.0-0.24-0.22-0.16-0.41-0.40.11-0.32-0.46-0.580.42-0.530.23-0.940.650.29-0.54
-0.630.6-0.6-0.61-0.440.44-0.88-0.29-0.23-0.24-0.87-0.11-0.63-0.53-0.94-0.59-0.47-0.250.6-0.450.870.190.41-0.99-0.22
0.88-0.280.860.860.75-0.620.98-0.17-0.23-0.22-0.870.190.880.780.890.750.770.62-0.830.76-0.990.31-0.750.830.57
0.3-0.520.410.40.36-0.810.14-0.2-0.11-0.16-0.110.190.290.250.390.440.350.2-0.240.3-0.250.16-0.190.120.22
1.0-0.130.930.930.96-0.710.82-0.27-0.43-0.41-0.630.880.290.980.750.770.940.82-0.90.95-0.860.5-0.940.620.88
0.97-0.080.850.860.95-0.650.71-0.21-0.41-0.4-0.530.780.250.980.670.690.910.77-0.840.93-0.750.47-0.940.550.92
0.76-0.680.750.750.62-0.690.870.190.110.11-0.940.890.390.750.670.730.630.38-0.70.61-0.89-0.07-0.540.940.39
0.79-0.420.930.920.79-0.870.62-0.2-0.32-0.32-0.590.750.440.770.690.730.840.69-0.940.83-0.710.34-0.660.520.63
0.95-0.110.970.970.99-0.790.67-0.38-0.47-0.46-0.470.770.350.940.910.630.840.93-0.940.98-0.740.58-0.870.440.92
0.830.160.860.860.91-0.620.54-0.56-0.6-0.58-0.250.620.20.820.770.380.690.93-0.850.91-0.60.72-0.780.20.88
-0.910.19-0.97-0.97-0.910.77-0.730.280.430.420.6-0.83-0.24-0.9-0.84-0.7-0.94-0.94-0.85-0.950.79-0.480.83-0.54-0.79
0.96-0.060.950.950.99-0.760.65-0.36-0.54-0.53-0.450.760.30.950.930.610.830.980.91-0.95-0.720.59-0.920.420.93
-0.860.29-0.83-0.83-0.720.63-0.990.190.240.230.87-0.99-0.25-0.86-0.75-0.89-0.71-0.74-0.60.79-0.72-0.310.73-0.84-0.53
0.510.630.520.50.58-0.370.27-0.94-0.94-0.940.190.310.160.50.47-0.070.340.580.72-0.480.59-0.31-0.68-0.250.64
-0.93-0.14-0.83-0.82-0.910.6-0.690.420.660.650.41-0.75-0.19-0.94-0.94-0.54-0.66-0.87-0.780.83-0.920.73-0.68-0.41-0.89
0.62-0.630.550.560.43-0.410.850.370.280.29-0.990.830.120.620.550.940.520.440.2-0.540.42-0.84-0.25-0.410.22
0.870.140.80.80.94-0.60.47-0.4-0.56-0.54-0.220.570.220.880.920.390.630.920.88-0.790.93-0.530.64-0.890.22
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Red River Account Relationship Matchups

Red River fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.6B3.2B3.1B3.1B2.7B
Other Current Liab(2.2M)(3.0M)(1.3M)(1.6M)(8M)(7.6M)
Total Current Liabilities2.2M1.8M1.3M4.3M2.4B2.5B
Total Stockholder Equity251.9M285.5M298.2M265.8M303.9M265.2M
Other Liab845K2.3M2.7M3M3.5M3.6M
Net Tangible Assets250.4M283.9M296.6M264.2M303.8M254.1M
Retained Earnings182.6M209.0M239.9M274.8M306.8M224.7M
Accounts Payable2.2M1.8M1.3M1.6M8M7.6M
Cash133.3M447.2M784.9M278.4M305.4M313.7M
Other Assets1.1B1.1B1.1B2.1B(450.6M)(428.1M)
Common Stock Total Equity68.1M68.1M60.2M60.1M69.1M53.9M
Short Term Investments335.6M498.2M659.2M614.4M(460.6M)(437.6M)
Inventory(139.7M)(455.0M)(791.8M)(287.2M)43.1M45.3M
Other Current Assets139.7M455.0M791.8M287.2M315.4M276.6M
Other Stockholder Equity1.3M1.5M1.8M2.1M2.4M2.9M
Total Liab1.7B2.4B2.9B2.8B2.8B2.4B
Long Term Investments340.9M505.7M670.5M779.5M716.5M549.7M
Total Current Assets474.1M952.3M1.5B901.6M305.4M290.2M
Accumulated Other Comprehensive Income(24K)6.9M(3.8M)(71.2M)(60.5M)(57.5M)
Short Term Debt4.6M529K3.8M4.3M631K599.5K
Common Stock68.1M68.1M60.2M60.1M55.1M59.3M
Property Plant Equipment46.3M51.1M51.8M54.4M62.5M49.2M
Short Long Term Debt Total4.6M4.2M3.8M4.3M3.8M5.0M
Property Plant And Equipment Net46.3M51.1M51.8M58.5M60.7M54.1M
Net Debt(128.7M)(443.0M)(781.0M)(274.1M)(301.7M)(316.7M)
Non Current Assets Total388.7M558.3M723.8M60.1M3.3B3.4B
Non Currrent Assets Other(388.7M)(558.3M)(723.8M)(779.5M)(778.8M)(817.7M)
Cash And Short Term Investments468.9M945.4M1.4B892.8M305.4M290.2M
Net Receivables5.3M6.9M6.2M8.8M9.9M7.4M
Common Stock Shares Outstanding7.1M7.3M7.3M7.2M7.2M7.9M
Liabilities And Stockholders Equity2.0B2.6B3.2B3.1B3.1B2.8B
Non Current Liabilities Total4.6M4.2M3.8M2.8B2.8B3.0B
Property Plant And Equipment Gross46.3M51.1M51.8M58.5M88.3M58.4M
Capital Stock68.1M68.1M60.2M60.1M55.1M64.7M

Currently Active Assets on Macroaxis

When determining whether Red River Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red River'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 Red River Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red River Bancshares Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red River Bancshares. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Red River. If investors know Red 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 Red River 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
0.135
Dividend Share
0.35
Earnings Share
4.75
Revenue Per Share
15.238
Quarterly Revenue Growth
0.056
The market value of Red River Bancshares is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red River's value that differs from its market value or its book value, called intrinsic value, which is Red River'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 Red River's market value can be influenced by many factors that don't directly affect Red River'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 Red River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red River'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.