Sound Total Current Assets vs Earning Assets Analysis

SFBC Stock  USD 53.57  0.43  0.80%   
Sound Financial financial indicator trend analysis is much more than just breaking down Sound Financial Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sound Financial Bancorp is a good investment. Please check the relationship between Sound Financial Total Current Assets and its Earning Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Financial 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.

Total Current Assets vs Earning Assets

Total Current Assets vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sound Financial Bancorp Total Current Assets account and Earning Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Sound Financial's Total Current Assets and Earning Assets is -0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Sound Financial Bancorp, assuming nothing else is changed. The correlation between historical values of Sound Financial's Total Current Assets and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Sound Financial Bancorp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Total Current Assets i.e., Sound Financial's Total Current Assets and Earning Assets go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Earning Assets

Most indicators from Sound Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sound Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Financial 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.
At present, Sound Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense4.0M4.5M16.8M17.6M
Depreciation And Amortization676K704K1.7M936.1K

Sound Financial fundamental ratios Correlations

0.33-0.340.130.990.950.85-0.461.0-0.250.660.3-0.20.80.280.640.94-0.5-0.390.57-0.44-0.50.821.00.85-0.48
0.33-0.490.520.330.22-0.010.480.30.29-0.15-0.260.170.50.86-0.170.46-0.42-0.340.390.40.380.380.330.20.4
-0.34-0.49-0.59-0.33-0.22-0.08-0.44-0.35-0.080.290.390.03-0.38-0.380.29-0.50.20.21-0.72-0.290.28-0.25-0.34-0.480.27
0.130.52-0.590.150.07-0.10.390.10.81-0.24-0.190.220.090.29-0.240.21-0.41-0.290.320.390.210.260.130.120.23
0.990.33-0.330.150.950.85-0.450.99-0.220.640.39-0.170.790.260.640.92-0.56-0.440.54-0.43-0.490.880.990.84-0.48
0.950.22-0.220.070.950.92-0.470.95-0.250.620.42-0.240.690.150.60.88-0.5-0.360.46-0.44-0.540.790.950.84-0.52
0.85-0.01-0.08-0.10.850.92-0.630.85-0.30.720.42-0.220.580.040.70.73-0.38-0.320.27-0.61-0.550.70.850.78-0.53
-0.460.48-0.440.39-0.45-0.47-0.63-0.450.27-0.93-0.430.18-0.170.35-0.93-0.18-0.01-0.020.240.940.3-0.34-0.46-0.250.31
1.00.3-0.350.10.990.950.85-0.45-0.30.630.31-0.220.810.260.610.95-0.47-0.360.58-0.43-0.550.81.00.86-0.53
-0.250.29-0.080.81-0.22-0.25-0.30.27-0.3-0.22-0.130.36-0.280.12-0.21-0.28-0.22-0.12-0.260.290.610.02-0.26-0.360.62
0.66-0.150.29-0.240.640.620.72-0.930.63-0.220.4-0.160.39-0.060.990.39-0.24-0.22-0.03-0.86-0.250.540.660.42-0.25
0.3-0.260.39-0.190.390.420.42-0.430.31-0.130.40.050.08-0.390.460.18-0.54-0.39-0.03-0.32-0.340.60.290.26-0.33
-0.20.170.030.22-0.17-0.24-0.220.18-0.220.36-0.160.05-0.020.27-0.14-0.19-0.01-0.02-0.210.180.410.04-0.21-0.270.42
0.80.5-0.380.090.790.690.58-0.170.81-0.280.390.08-0.020.560.370.83-0.37-0.30.55-0.18-0.350.620.80.68-0.33
0.280.86-0.380.290.260.150.040.350.260.12-0.06-0.390.270.56-0.090.39-0.21-0.230.280.290.390.240.290.160.41
0.64-0.170.29-0.240.640.60.7-0.930.61-0.210.990.46-0.140.37-0.090.36-0.27-0.25-0.05-0.88-0.250.580.640.41-0.25
0.940.46-0.50.210.920.880.73-0.180.95-0.280.390.18-0.190.830.390.36-0.48-0.350.72-0.16-0.520.720.940.87-0.5
-0.5-0.420.2-0.41-0.56-0.5-0.38-0.01-0.47-0.22-0.24-0.54-0.01-0.37-0.21-0.27-0.480.94-0.52-0.140.2-0.77-0.5-0.590.18
-0.39-0.340.21-0.29-0.44-0.36-0.32-0.02-0.36-0.12-0.22-0.39-0.02-0.3-0.23-0.25-0.350.94-0.54-0.150.23-0.63-0.39-0.580.2
0.570.39-0.720.320.540.460.270.240.58-0.26-0.03-0.03-0.210.550.28-0.050.72-0.52-0.540.3-0.620.390.570.81-0.61
-0.440.4-0.290.39-0.43-0.44-0.610.94-0.430.29-0.86-0.320.18-0.180.29-0.88-0.16-0.14-0.150.30.24-0.33-0.44-0.180.25
-0.50.380.280.21-0.49-0.54-0.550.3-0.550.61-0.25-0.340.41-0.350.39-0.25-0.520.20.23-0.620.24-0.28-0.5-0.751.0
0.820.38-0.250.260.880.790.7-0.340.80.020.540.60.040.620.240.580.72-0.77-0.630.39-0.33-0.280.810.66-0.26
1.00.33-0.340.130.990.950.85-0.461.0-0.260.660.29-0.210.80.290.640.94-0.5-0.390.57-0.44-0.50.810.86-0.48
0.850.2-0.480.120.840.840.78-0.250.86-0.360.420.26-0.270.680.160.410.87-0.59-0.580.81-0.18-0.750.660.86-0.74
-0.480.40.270.23-0.48-0.52-0.530.31-0.530.62-0.25-0.330.42-0.330.41-0.25-0.50.180.2-0.610.251.0-0.26-0.48-0.74
Click cells to compare fundamentals

Sound Financial Account Relationship Matchups

Sound Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets719.9M861.4M919.7M976.4M995.2M703.8M
Short Long Term Debt Total15.5M18.7M17.9M60.1M56.5M42.1M
Other Current Liab(226K)6.8M6.0M(37.9M)(11.0M)(10.4M)
Total Current Liabilities226K369K200K5.4M4.8M3.1M
Total Stockholder Equity77.7M85.5M93.4M97.7M100.7M70.9M
Other Liab9.7M8.8M9.9M9.4M10.8M7.1M
Property Plant And Equipment Net14.4M13.0M11.6M10.6M9.7M7.9M
Net Debt(40.3M)(175.1M)(165.7M)2.3M6.8M7.2M
Retained Earnings51.4M58.2M65.2M70.8M73.6M45.7M
Accounts Payable226K369K200K395K817K776.2K
Cash55.8M193.8M183.6M57.8M49.7M66.7M
Non Current Assets Total27.0M27.0M24.3M10.6M24.8M20.9M
Non Currrent Assets Other(27.0M)(27.0M)(24.3M)(17.1M)(24.8M)(23.6M)
Other Assets625.6M628.1M701.1M894.6M917.3M619.7M
Long Term Debt7.5M11.6M11.6M54.7M36.7M32.7M
Cash And Short Term Investments65.1M204.0M192.0M68.0M49.7M75.5M
Net Receivables2.2M2.3M2.2M3.1M3.5M2.2M
Common Stock Shares Outstanding2.6M2.6M2.6M2.6M2.6M2.1M
Liabilities And Stockholders Equity719.9M861.4M919.7M976.4M995.2M703.8M
Non Current Liabilities Total15.5M18.7M17.9M873.2M893.8M938.4M
Inventory(58.6M)(196.7M)(186.5M)(61.6M)46.2M48.5M
Other Current Assets58.6M196.7M186.5M61.6M53.7M51.0M
Other Stockholder Equity26.1M27.0M28.0M28.0M28.0M25.3M
Total Liab642.1M775.9M826.3M878.6M894.6M632.8M
Property Plant And Equipment Gross14.4M13.0M11.6M19.3M19.1M20.1M
Total Current Assets67.3M206.3M194.2M71.1M53.1M50.5M
Accumulated Other Comprehensive Income175K240K139K(1.1M)(988K)(938.6K)
Intangible Assets3.2M3.8M4.3M4.7M4.6M3.8M
Property Plant Equipment6.8M13.0M11.6M5.5M6.3M6.6M
Net Tangible Assets77.7M85.5M93.4M97.7M112.4M74.6M
Retained Earnings Total Equity46.2M51.4M58.2M70.8M81.4M45.0M
Short Term Investments9.3M10.2M8.4M10.2M8.3M8.0M
Capital Surpluse25.7M26.3M27.1M28.0M32.2M27.6M
Long Term Investments624.6M10.2M8.4M12.4M10.5M9.9M
Non Current Liabilities Other91.4M25.2M16.0M57.8M66.5M51.9M
Short Term Debt8.0M7.1M6.2M43M15M12.1M
Capital Lease Obligations8.0M7.1M6.2M5.4M4.8M3.9M

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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 Sound Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sound Financial'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 Sound Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sound Financial Bancorp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Financial 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.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Sound Financial. If investors know Sound 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 Sound Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.76
Earnings Share
1.52
Revenue Per Share
13.726
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0037
The market value of Sound Financial Bancorp is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Financial's value that differs from its market value or its book value, called intrinsic value, which is Sound Financial'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 Sound Financial's market value can be influenced by many factors that don't directly affect Sound Financial'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 Sound Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Financial'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.