Southern Long Term Investments vs Total Liab Analysis
SSBK Stock | USD 37.42 0.58 1.53% |
Southern States financial indicator trend analysis is much more than just breaking down Southern States Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern States Banc is a good investment. Please check the relationship between Southern States Long Term Investments and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern States 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.
Long Term Investments vs Total Liab
Long Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern States Banc Long Term Investments account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Southern States' Long Term Investments and Total Liab is 0.99. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Southern States Bancshares, assuming nothing else is changed. The correlation between historical values of Southern States' Long Term Investments and Total Liab 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 Southern States Bancshares are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Investments i.e., Southern States' Long Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Southern States balance sheet that represents investments Southern States Banc intends to hold for over a year. Southern States Bancshares long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Southern States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern States 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Southern States 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. At this time, Southern States' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 88.52 this year, although the value of Issuance Of Capital Stock will most likely fall to about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 55.7M | 71.3M | 82.9M | 61.0M | Total Revenue | 63.7M | 80.0M | 82.9M | 65.8M |
Southern States fundamental ratios Correlations
Click cells to compare fundamentals
Southern States Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern States fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.3B | 1.8B | 2.0B | 2.4B | 1.8B | |
Short Long Term Debt Total | 12.5M | 43.4M | 38.4M | 117.3M | 183.7M | 192.9M | |
Other Current Liab | (8.5M) | (8.3M) | (132K) | (565K) | (59.5M) | (56.5M) | |
Total Current Liabilities | 8.5M | 8.3M | 12.6M | 565K | 2.0B | 2.1B | |
Total Stockholder Equity | 126.6M | 140.7M | 177.2M | 181.7M | 215.0M | 171.7M | |
Other Liab | 5.4M | 7.5M | 10.7M | 15.4M | 17.7M | 9.5M | |
Net Tangible Assets | 107.7M | 122.0M | 158.8M | 163.6M | 188.2M | 141.1M | |
Property Plant And Equipment Net | 20.1M | 24.4M | 27.0M | 27.3M | 26.4M | 26.0M | |
Net Debt | (78.7M) | (31.4M) | (171.5M) | 11.8M | 29.1M | 30.6M | |
Retained Earnings | 23.9M | 34.2M | 49.9M | 73.8M | 102.5M | 55.9M | |
Accounts Payable | 473K | 278K | 132K | 584K | 1.5M | 1.4M | |
Cash | 91.1M | 74.7M | 209.9M | 105.5M | 19.7M | 18.7M | |
Non Current Assets Total | 99.0M | 162.1M | 206.5M | 45.4M | 2.2B | 2.3B | |
Non Currrent Assets Other | (3.5M) | (4.8M) | (5.8M) | (192.6M) | 1.9B | 2.0B | |
Other Assets | 842.5M | 977.5M | 1.2B | 1.7B | 1.0 | 0.95 | |
Cash And Short Term Investments | 151.1M | 188.7M | 342.1M | 261.0M | 250.7M | 234.4M | |
Net Receivables | 3.0M | 4.2M | 4.2M | 7.0M | 8.7M | 5.0M | |
Liabilities And Stockholders Equity | 1.1B | 1.3B | 1.8B | 2.0B | 2.4B | 1.8B | |
Non Current Liabilities Total | 4.5M | 35.4M | 38.4M | 565K | 2.2B | 2.3B | |
Inventory | (126.5M) | (99.4M) | (291.1M) | (178.4M) | 11.0M | 11.5M | |
Other Current Assets | 126.5M | 99.4M | 291.1M | 178.4M | 259.4M | 191.5M | |
Other Stockholder Equity | 64.2M | 64.9M | 80.2M | 75.3M | 76.8M | 74.2M | |
Total Liab | 968.9M | 1.2B | 1.6B | 1.9B | 2.2B | 1.6B | |
Total Current Assets | 154.1M | 193.0M | 346.3M | 268.0M | 250.7M | 238.6M | |
Accumulated Other Comprehensive Income | 265K | 3.2M | 2.1M | (11.0M) | (8.8M) | (8.4M) | |
Short Term Debt | 8.0M | 8.0M | 12.5M | 19K | 58M | 60.9M | |
Intangible Assets | 2.0M | 1.8M | 1.5M | 1.2M | 899K | 1.4M | |
Common Stock | 38.3M | 38.4M | 45.1M | 43.7M | 44.5M | 44.4M | |
Property Plant Equipment | 20.1M | 24.4M | 27.0M | 27.3M | 31.4M | 25.4M |
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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 Southern States. If investors know Southern 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 Southern States 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 0.037 | Dividend Share 0.36 | Earnings Share 3.51 | Revenue Per Share 9.586 | Quarterly Revenue Growth 0.372 |
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' 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 Southern States' market value can be influenced by many factors that don't directly affect Southern States' 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 Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' 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.