Red Sale Purchase Of Stock vs Investments Analysis
RRBI Stock | USD 60.86 0.52 0.86% |
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 Sale Purchase Of Stock and its Investments 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.
Sale Purchase Of Stock vs Investments
Sale Purchase Of Stock vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red River Bancshares Sale Purchase Of Stock account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Red River's Sale Purchase Of Stock and Investments is -0.07. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Investments 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 Sale Purchase Of Stock and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Red River Bancshares are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Sale Purchase Of Stock i.e., Red River's Sale Purchase Of Stock and Investments go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.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 Income | 71.7M | 86.6M | 88.7M | 71.2M | Tax Provision | 7.1M | 8.1M | 8.4M | 7.3M |
Red River fundamental ratios Correlations
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Red River Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Red River fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.6B | 3.2B | 3.1B | 3.1B | 2.7B | |
Other Current Liab | (2.2M) | (3.0M) | (1.3M) | (1.6M) | (8M) | (7.6M) | |
Total Current Liabilities | 2.2M | 1.8M | 1.3M | 4.3M | 2.4B | 2.5B | |
Total Stockholder Equity | 251.9M | 285.5M | 298.2M | 265.8M | 303.9M | 265.2M | |
Other Liab | 845K | 2.3M | 2.7M | 3M | 3.5M | 3.6M | |
Net Tangible Assets | 250.4M | 283.9M | 296.6M | 264.2M | 303.8M | 254.1M | |
Retained Earnings | 182.6M | 209.0M | 239.9M | 274.8M | 306.8M | 224.7M | |
Accounts Payable | 2.2M | 1.8M | 1.3M | 1.6M | 8M | 7.6M | |
Cash | 133.3M | 447.2M | 784.9M | 278.4M | 305.4M | 313.7M | |
Other Assets | 1.1B | 1.1B | 1.1B | 2.1B | 10.0M | 9.5M | |
Common Stock Total Equity | 68.1M | 68.1M | 60.2M | 60.1M | 69.1M | 53.9M | |
Short Term Investments | 335.6M | 498.2M | 659.2M | 614.4M | 3.4M | 3.2M | |
Inventory | (139.7M) | (455.0M) | (791.8M) | (287.2M) | 43.1M | 45.3M | |
Other Current Assets | 139.7M | 455.0M | 791.8M | 287.2M | 315.4M | 276.6M | |
Other Stockholder Equity | 1.3M | 1.5M | 1.8M | 2.1M | 2.4M | 2.9M | |
Total Liab | 1.7B | 2.4B | 2.9B | 2.8B | 2.8B | 2.4B | |
Long Term Investments | 340.9M | 505.7M | 670.5M | 779.5M | 716.5M | 549.7M | |
Total Current Assets | 474.1M | 952.3M | 1.5B | 901.6M | 305.4M | 290.2M | |
Accumulated Other Comprehensive Income | (24K) | 6.9M | (3.8M) | (71.2M) | (60.5M) | (57.5M) | |
Short Term Debt | 4.6M | 529K | 3.8M | 4.3M | 631K | 599.5K | |
Common Stock | 68.1M | 68.1M | 60.2M | 60.1M | 55.1M | 59.3M | |
Property Plant Equipment | 46.3M | 51.1M | 51.8M | 54.4M | 62.5M | 49.2M | |
Short Long Term Debt Total | 4.6M | 4.2M | 3.8M | 4.3M | 3.8M | 5.0M | |
Property Plant And Equipment Net | 46.3M | 51.1M | 51.8M | 58.5M | 60.7M | 54.1M | |
Net Debt | (128.7M) | (443.0M) | (781.0M) | (274.1M) | (301.7M) | (316.7M) | |
Non Current Assets Total | 388.7M | 558.3M | 723.8M | 60.1M | 2.8B | 3.0B | |
Non Currrent Assets Other | (388.7M) | (558.3M) | (723.8M) | (779.5M) | 2.5B | 2.6B | |
Cash And Short Term Investments | 468.9M | 945.4M | 1.4B | 892.8M | 305.4M | 290.2M | |
Net Receivables | 5.3M | 6.9M | 6.2M | 8.8M | 9.9M | 7.4M | |
Common Stock Shares Outstanding | 7.1M | 7.3M | 7.3M | 7.2M | 7.2M | 7.9M | |
Liabilities And Stockholders Equity | 2.0B | 2.6B | 3.2B | 3.1B | 3.1B | 2.8B | |
Non Current Liabilities Total | 4.6M | 4.2M | 3.8M | 2.8B | 2.8B | 3.0B | |
Property Plant And Equipment Gross | 46.3M | 51.1M | 51.8M | 58.5M | 88.3M | 58.4M | |
Capital Stock | 68.1M | 68.1M | 60.2M | 60.1M | 55.1M | 64.7M |
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.