Southern Net Income Per Share vs Net Income 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 Net Income Per Share and its Net Income 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.
Net Income Per Share vs Net Income
Net Income Per Share vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern States Banc Net Income Per Share account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southern States' Net Income Per Share and Net Income is 0.92. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income 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' Net Income Per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Southern States Bancshares are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Southern States' Net Income Per Share and Net Income go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income Per Share
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Southern States Banc financial statement analysis. It represents the amount of money remaining after all of Southern States Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
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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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Try AI Portfolio ArchitectCheck 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. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.