Bancorp Asset Turnover vs Total Current Liabilities Analysis
TBBK Stock | USD 58.43 0.62 1.05% |
Bancorp financial indicator trend analysis is way more than just evaluating Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bancorp is a good investment. Please check the relationship between Bancorp Asset Turnover and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The 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.
Asset Turnover vs Total Current Liabilities
Asset Turnover vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bancorp Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bancorp's Asset Turnover and Total Current Liabilities is 0.4. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of The Bancorp, assuming nothing else is changed. The correlation between historical values of Bancorp's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of The Bancorp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., Bancorp's Asset Turnover and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Current Liabilities
Total Current Liabilities is an item on Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 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 The 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 this time, Bancorp's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 68.6 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.30.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 315.6M | 354.5M | 447.8M | 470.2M | Total Revenue | 315.6M | 354.5M | 447.8M | 470.2M |
Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.7B | 6.3B | 6.8B | 7.9B | 7.7B | 3.9B | |
Total Stockholder Equity | 484.5M | 581.2M | 652.5M | 694.0M | 807.3M | 847.6M | |
Net Debt | (890.1M) | (193.5M) | (450.2M) | (765.7M) | 143.0M | 150.2M | |
Cash | 944.5M | 345.5M | 601.8M | 888.2M | 4.8M | 4.6M | |
Other Assets | 81.7M | 81.1M | 97.0M | 89.2M | 1.0 | 0.95 | |
Cash And Short Term Investments | 2.3B | 1.6B | 1.6B | 1.7B | 4.8M | 4.6M | |
Common Stock Shares Outstanding | 57.1M | 57.3M | 58.4M | 58.8M | 55.1M | 35.6M | |
Liabilities And Stockholders Equity | 5.7B | 6.3B | 6.8B | 7.9B | 7.7B | 3.9B | |
Other Stockholder Equity | 370.8M | 377.4M | 349.7M | 299.3M | 212.4M | 233.2M | |
Total Liab | 54.4M | 152.0M | 151.6M | 7.2B | 6.9B | 7.2B | |
Total Current Assets | 2.7B | 2.0B | 2.1B | 822.1M | 4.8M | 4.6M | |
Cash And Equivalents | 944.5M | 345.5M | 601.8M | 888.2M | 1.0B | 575.2M | |
Short Long Term Debt Total | 54.5M | 152.0M | 151.6M | 122.5M | 147.8M | 166.8M | |
Other Current Liab | 5.1B | 27.3M | 5.6B | 6.6B | 6.6B | 7.0B | |
Total Current Liabilities | 5.1B | 27.3M | 6.0B | 7.0B | 6.6B | 7.0B | |
Other Liab | 66.0M | 79.4M | 62.2M | 56.3M | 64.8M | 68.0M | |
Property Plant And Equipment Net | 17.5M | 17.6M | 16.2M | 18.4M | 27.5M | 14.4M | |
Retained Earnings | 50.7M | 128.5M | 239.1M | 369.3M | 561.6M | 589.7M | |
Accounts Payable | 5.1B | 5.5B | 6.0B | 7.0B | 8.1B | 8.5B | |
Non Current Assets Total | 1.5B | 1.3B | 972.3M | 40.2M | 7.7B | 8.1B | |
Non Currrent Assets Other | (12.5M) | (9.8M) | (12.7M) | (766.0M) | 6.9B | 7.3B | |
Net Receivables | 448.1M | 482.6M | 548.9M | 664.2M | 723.2M | 759.4M | |
Common Stock Total Equity | 55.9M | 56.4M | 56.9M | 57.7M | 66.3M | 36.0M | |
Short Term Investments | 1.3B | 1.2B | 953.7M | 766.0M | 747.5M | 784.1M | |
Non Current Liabilities Total | 54.4M | 152.0M | 151.6M | 10.0M | 6.9B | 7.2B | |
Property Plant And Equipment Gross | 17.5M | 17.6M | 73.1M | 78.2M | 83.5M | 87.7M | |
Accumulated Other Comprehensive Income | 6.0M | 17.7M | 6.3M | (30.3M) | (20.0M) | (19.0M) | |
Common Stock | 56.9M | 57.7M | 57.4M | 55.7M | 53.2M | 39.0M | |
Property Plant Equipment | 17.5M | 17.6M | 16.2M | 18.4M | 21.2M | 13.8M | |
Long Term Debt | 54.4M | 152.0M | 151.6M | 122.5M | 147.8M | 155.2M | |
Short Term Debt | 93K | 82K | 27.3K | 42K | 37.8K | 35.9K | |
Other Current Assets | 1.5B | 3.0B | 3.8B | (1.5B) | 1.1B | 989.6M | |
Intangible Assets | 2.3M | 2.4M | 2.2M | 1.8M | 1.4M | 1.3M | |
Net Tangible Assets | 474.7M | 572.7M | 650.0M | 686.4M | 789.3M | 489.0M | |
Long Term Investments | 39.2M | 31.3M | 953.7M | 766.0M | 747.5M | 784.9M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in The 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 Bancorp. If investors know Bancorp 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 Bancorp 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 0.13 | Earnings Share 3.96 | Revenue Per Share 9.168 | Quarterly Revenue Growth 0.075 | Return On Assets 0.0264 |
The market value of Bancorp is measured differently than its book value, which is the value of Bancorp that is recorded on the company's balance sheet. Investors also form their own opinion of Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancorp'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.