TriCo Common Stock vs Property Plant Equipment Analysis
TCBK Stock | USD 49.62 0.67 1.37% |
TriCo Bancshares financial indicator trend analysis is much more than just breaking down TriCo Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriCo Bancshares is a good investment. Please check the relationship between TriCo Bancshares Common Stock and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo 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. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriCo Bancshares Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between TriCo Bancshares' Common Stock and Property Plant Equipment is 0.77. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of TriCo Bancshares, assuming nothing else is changed. The correlation between historical values of TriCo Bancshares' Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of TriCo Bancshares are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., TriCo Bancshares' Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Property Plant Equipment
Most indicators from TriCo Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriCo 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo 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. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.At this time, TriCo Bancshares' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 12.24 this year, although the value of Tax Provision will most likely fall to about 38.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.5M | 9.5M | 81.7M | 85.8M | Depreciation And Amortization | 16.9M | 18.0M | 18.8M | 19.8M |
TriCo Bancshares fundamental ratios Correlations
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TriCo Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TriCo Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.5B | 7.6B | 8.6B | 9.9B | 9.9B | 10.4B | |
Short Long Term Debt Total | 103.2M | 112.5M | 158.3M | 413.6M | 761.9M | 800.0M | |
Other Current Liab | (2.4M) | (1.4M) | (51.0M) | (1.2M) | (646.8M) | (614.4M) | |
Total Current Liabilities | 2.4M | 28.3M | 51.0M | 29.0M | 5.1B | 5.4B | |
Total Stockholder Equity | 906.6M | 925.1M | 1.0B | 1.0B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 115.0M | 111.6M | 104.4M | 99.2M | 97.5M | 102.4M | |
Net Debt | (173.3M) | (557.0M) | (634.0M) | 287.4M | 663.2M | 696.4M | |
Retained Earnings | 367.8M | 382.0M | 467.0M | 542.9M | 615.5M | 646.3M | |
Accounts Payable | 2.4M | 1.4M | 928K | 1.2M | 8.4M | 8.9M | |
Cash | 276.5M | 669.6M | 768.4M | 107.2M | 98.7M | 93.8M | |
Non Current Assets Total | 1.7B | 2.1B | 2.7B | 393.4M | 9.8B | 10.3B | |
Non Currrent Assets Other | (46.2M) | (62.2M) | (59.8M) | (2.8B) | 9.4B | 9.9B | |
Other Assets | 3.5B | 3.5B | 2.9B | 9.4B | 10.8B | 11.4B | |
Cash And Short Term Investments | 1.2B | 2.1B | 3.0B | 2.6B | 98.7M | 93.8M | |
Net Receivables | 18.9M | 20.0M | 25.9M | 39.6M | 45.0M | 47.3M | |
Common Stock Shares Outstanding | 30.6M | 30.0M | 29.9M | 32.7M | 33.4M | 20.1M | |
Liabilities And Stockholders Equity | 6.5B | 7.6B | 8.6B | 9.9B | 9.9B | 10.4B | |
Non Current Liabilities Total | 103.2M | 112.5M | 134.4M | 8.9B | 8.8B | 9.2B | |
Other Stockholder Equity | (5.2M) | 12.3M | 981K | (193.9M) | (1.0) | (0.95) | |
Total Liab | 5.6B | 6.7B | 7.6B | 8.9B | 8.8B | 9.2B | |
Property Plant And Equipment Gross | 115.0M | 111.6M | 104.4M | 99.2M | 162.6M | 170.8M | |
Total Current Assets | 1.2B | 2.1B | 3.0B | 130.8M | 81.6M | 77.5M | |
Accumulated Other Comprehensive Income | (5.2M) | 12.3M | 981K | (193.9M) | (153.2M) | (145.5M) | |
Other Current Assets | 295.4M | 689.6M | 787.7M | (2.5B) | 135.5M | 128.7M | |
Common Stock Total Equity | 544.0M | 530.8M | 532.2M | 697.4M | 802.1M | 842.2M | |
Common Stock | 544.0M | 530.8M | 532.2M | 697.4M | 697.3M | 732.2M | |
Other Liab | 92.0M | 94.6M | 112.1M | 159.7M | 183.7M | 192.9M | |
Long Term Debt | 75.7M | 84.5M | 108.2M | 365.6M | 701.1M | 736.2M | |
Short Term Investments | 950.1M | 1.4B | 2.2B | 2.5B | (2.3B) | (2.2B) | |
Inventory | (295.4M) | (689.6M) | (787.7M) | 3.4M | 61.9M | 65.0M | |
Intangible Assets | 23.6M | 17.8M | 12.4M | 16.7M | 10.6M | 15.1M | |
Property Plant Equipment | 87.1M | 83.7M | 104.4M | 72.3M | 83.2M | 43.9M | |
Short Term Debt | 22.8M | 26.9M | 50.1M | 47.9M | 638.3M | 670.3M | |
Net Tangible Assets | 685.7M | 704.2M | 766.9M | 742.0M | 853.3M | 523.1M | |
Retained Earnings Total Equity | 367.8M | 382.0M | 467.0M | 542.9M | 624.3M | 655.5M | |
Long Term Debt Total | 75.7M | 84.5M | 108.2M | 365.6M | 420.5M | 441.5M | |
Long Term Investments | 4.7B | 1.7B | 2.4B | 2.6B | 2.3B | 2.4B | |
Non Current Liabilities Other | 119.5M | 122.6M | 138.4M | 188.7M | 217.1M | 227.9M |
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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 TriCo Bancshares. If investors know TriCo 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 TriCo Bancshares 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 (0.04) | Dividend Share 1.29 | Earnings Share 3.36 | Revenue Per Share 11.678 | Quarterly Revenue Growth (0.01) |
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' 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 TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' 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 TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' 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.