Towne Capital Stock vs Short Term Investments Analysis

TOWN Stock

USD 36.13 0.82 2.32%

Towne Bank financial indicator trend analysis is much more than just breaking down Towne Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Towne Bank is a good investment. Please check the relationship between Towne Bank Capital Stock and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Towne Bank Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Towne Bank's Capital Stock and Short Term Investments is 0.6. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Towne Bank, assuming nothing else is changed. The correlation between historical values of Towne Bank's Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Towne Bank are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Towne Bank's Capital Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Term Investments

Short Term Investments is an item under the current assets section of Towne Bank balance sheet. It contains any investments Towne Bank undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Towne Bank can easily liquidate in the marketplace.

Most indicators from Towne Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Towne Bank 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 Towne Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.As of the 25th of November 2024, Selling General Administrative is likely to grow to about 304.3 M. Also, Tax Provision is likely to grow to about 42.8 M

	2021	2022	2023	2024 (projected)
Gross Profit	679.0M	677.1M	941.6M	988.7M
Total Revenue	679.0M	686.4M	675.4M	709.2M

Gross Profit Total Revenue

Towne Bank fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Assets	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.99	0.86	0.81	0.96	0.33	0.55	0.82	0.98	0.93	-0.63	0.97	0.53	0.62	0.51	0.38	-0.24	0.65	0.64	-0.19	-0.37	0.8	-0.23	0.96	0.18	0.44
Total Stockholder Equity	0.99		0.87	0.85	0.98	0.35	0.61	0.8	0.97	0.92	-0.56	0.95	0.49	0.61	0.49	0.38	-0.15	0.69	0.66	-0.13	-0.32	0.84	-0.18	0.94	0.21	0.52
Other Assets	0.86	0.87		0.67	0.85	0.68	0.48	0.76	0.88	0.93	-0.25	0.87	0.11	0.74	0.65	-0.04	-0.22	0.81	0.79	-0.11	-0.3	0.67	-0.03	0.73	-0.19	0.51
Common Stock Shares Outstanding	0.81	0.85	0.67		0.9	0.12	0.81	0.74	0.83	0.65	-0.41	0.68	0.54	0.22	0.08	0.52	0.21	0.48	0.35	0.21	-0.07	1.0	0.12	0.73	0.47	0.72
Other Stockholder Equity	0.96	0.98	0.85	0.9		0.34	0.72	0.74	0.94	0.86	-0.46	0.88	0.46	0.52	0.4	0.41	0.01	0.7	0.61	0.0	-0.23	0.9	-0.05	0.88	0.29	0.65
Total Liab	0.33	0.35	0.68	0.12	0.34		0.1	0.25	0.32	0.59	0.2	0.39	-0.41	0.81	0.81	-0.36	-0.15	0.86	0.83	0.04	-0.14	0.13	0.18	0.22	-0.41	0.26
Short Long Term Debt Total	0.55	0.61	0.48	0.81	0.72	0.1		0.52	0.61	0.38	-0.12	0.35	0.42	-0.03	-0.15	0.54	0.6	0.45	0.21	0.57	0.24	0.82	0.47	0.43	0.63	0.95
Other Current Liab	0.82	0.8	0.76	0.74	0.74	0.25	0.52		0.89	0.78	-0.56	0.76	0.53	0.37	0.27	0.34	-0.23	0.42	0.42	0.06	-0.12	0.74	0.04	0.77	0.15	0.42
Total Current Liabilities	0.98	0.97	0.88	0.83	0.94	0.32	0.61	0.89		0.89	-0.62	0.93	0.56	0.53	0.42	0.37	-0.23	0.6	0.55	-0.06	-0.35	0.82	-0.08	0.92	0.17	0.5
Property Plant And Equipment Net	0.93	0.92	0.93	0.65	0.86	0.59	0.38	0.78	0.89		-0.45	0.95	0.24	0.82	0.73	0.1	-0.33	0.79	0.84	-0.28	-0.36	0.65	-0.27	0.86	-0.1	0.34
Net Debt	-0.63	-0.56	-0.25	-0.41	-0.46	0.2	-0.12	-0.56	-0.62	-0.45		-0.62	-0.89	-0.23	-0.19	-0.67	0.51	-0.01	-0.07	0.22	0.49	-0.38	0.3	-0.8	-0.37	0.15
Retained Earnings	0.97	0.95	0.87	0.68	0.88	0.39	0.35	0.76	0.93	0.95	-0.62		0.41	0.73	0.64	0.2	-0.43	0.64	0.68	-0.38	-0.51	0.67	-0.37	0.94	-0.04	0.26
Cash	0.53	0.49	0.11	0.54	0.46	-0.41	0.42	0.53	0.56	0.24	-0.89	0.41		-0.12	-0.18	0.89	-0.13	-0.12	-0.18	0.15	-0.22	0.52	0.0	0.67	0.7	0.14
Non Current Assets Total	0.62	0.61	0.74	0.22	0.52	0.81	-0.03	0.37	0.53	0.82	-0.23	0.73	-0.12		0.99	-0.2	-0.47	0.83	0.94	-0.44	-0.45	0.22	-0.36	0.59	-0.38	0.01
Non Currrent Assets Other	0.51	0.49	0.65	0.08	0.4	0.81	-0.15	0.27	0.42	0.73	-0.19	0.64	-0.18	0.99		-0.27	-0.51	0.77	0.9	-0.47	-0.47	0.08	-0.36	0.49	-0.46	-0.1
Cash And Short Term Investments	0.38	0.38	-0.04	0.52	0.41	-0.36	0.54	0.34	0.37	0.1	-0.67	0.2	0.89	-0.2	-0.27		0.22	-0.03	-0.16	0.4	0.04	0.51	0.19	0.51	0.93	0.31
Common Stock Total Equity	-0.24	-0.15	-0.22	0.21	0.01	-0.15	0.6	-0.23	-0.23	-0.33	0.51	-0.43	-0.13	-0.47	-0.51	0.22		0.04	-0.16	0.65	0.67	0.23	0.52	-0.37	0.55	0.66
Non Current Liabilities Total	0.65	0.69	0.81	0.48	0.7	0.86	0.45	0.42	0.6	0.79	-0.01	0.64	-0.12	0.83	0.77	-0.03	0.04		0.93	0.02	-0.15	0.49	0.05	0.53	-0.07	0.54
Property Plant And Equipment Gross	0.64	0.66	0.79	0.35	0.61	0.83	0.21	0.42	0.55	0.84	-0.07	0.68	-0.18	0.94	0.9	-0.16	-0.16	0.93		-0.27	-0.23	0.36	-0.23	0.54	-0.25	0.28
Total Current Assets	-0.19	-0.13	-0.11	0.21	0.0	0.04	0.57	0.06	-0.06	-0.28	0.22	-0.38	0.15	-0.44	-0.47	0.4	0.65	0.02	-0.27		0.54	0.23	0.96	-0.21	0.58	0.6
Short Term Debt	-0.37	-0.32	-0.3	-0.07	-0.23	-0.14	0.24	-0.12	-0.35	-0.36	0.49	-0.51	-0.22	-0.45	-0.47	0.04	0.67	-0.15	-0.23	0.54		-0.03	0.46	-0.45	0.3	0.32
Common Stock	0.8	0.84	0.67	1.0	0.9	0.13	0.82	0.74	0.82	0.65	-0.38	0.67	0.52	0.22	0.08	0.51	0.23	0.49	0.36	0.23	-0.03		0.15	0.72	0.47	0.74
Other Current Assets	-0.23	-0.18	-0.03	0.12	-0.05	0.18	0.47	0.04	-0.08	-0.27	0.3	-0.37	0.0	-0.36	-0.36	0.19	0.52	0.05	-0.23	0.96	0.46	0.15		-0.27	0.34	0.54
Other Liab	0.96	0.94	0.73	0.73	0.88	0.22	0.43	0.77	0.92	0.86	-0.8	0.94	0.67	0.59	0.49	0.51	-0.37	0.53	0.54	-0.21	-0.45	0.72	-0.27		0.26	0.27
Accounts Payable	0.18	0.21	-0.19	0.47	0.29	-0.41	0.63	0.15	0.17	-0.1	-0.37	-0.04	0.7	-0.38	-0.46	0.93	0.55	-0.07	-0.25	0.58	0.3	0.47	0.34	0.26		0.46
Long Term Debt	0.44	0.52	0.51	0.72	0.65	0.26	0.95	0.42	0.5	0.34	0.15	0.26	0.14	0.01	-0.1	0.31	0.66	0.54	0.28	0.6	0.32	0.74	0.54	0.27	0.46

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Towne Bank Account Relationship Matchups

Towne Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.9B	14.6B	16.4B	15.8B	16.8B	17.7B
Total Stockholder Equity	1.6B	1.8B	1.9B	1.9B	2.0B	2.1B
Other Assets	7.8B	9.2B	8.5B	14.8B	17.0B	17.9B
Common Stock Shares Outstanding	72.2M	72.3M	72.6M	72.6M	74.7M	45.0M
Liabilities And Stockholders Equity	11.9B	14.6B	16.4B	15.8B	16.8B	17.7B
Other Stockholder Equity	1.0B	1.0B	1.1B	1.1B	1.1B	1.2B
Total Liab	720.1M	705.1M	405.0M	252.1M	14.8B	15.5B
Short Long Term Debt Total	720.1M	923.8M	629.5M	600.8M	459.8M	490.3M
Other Current Liab	6.5B	9.2B	11.7B	12.5B	11.1B	9.3B
Total Current Liabilities	7.0B	9.6B	11.8B	12.6B	11.1B	11.7B
Property Plant And Equipment Net	231.8M	260.2M	270.8M	304.8M	413.1M	433.7M
Net Debt	277.5M	(1.2B)	(2.9B)	(875.7M)	(635.8M)	(604.0M)
Retained Earnings	467.2M	557.9M	716.6M	840.8M	921.1M	967.2M
Cash	442.6M	1.9B	3.3B	1.2B	189.0M	179.6M
Non Current Assets Total	2.2B	2.1B	2.7B	884.6M	16.6B	17.5B
Non Currrent Assets Other	(2.2B)	(77.1M)	(74.4M)	(2.4B)	15.7B	16.5B
Cash And Short Term Investments	1.9B	3.2B	5.1B	152.6M	189.0M	179.6M
Common Stock Total Equity	121.1M	121.1M	338K	346K	397.9K	378.0K
Non Current Liabilities Total	720.1M	705.1M	405.0M	252.1M	1.4B	1.5B
Property Plant And Equipment Gross	231.8M	260.2M	106.7M	113.8M	519.2M	545.2M
Total Current Assets	1.9B	3.2B	5.1B	152.6M	189.0M	179.6M
Accumulated Other Comprehensive Income	11.3M	41.2M	10.6M	(140.5M)	(118.8M)	(112.8M)
Short Term Debt	428.0M	380.4M	88.0M	76.3M	32.8M	31.2M
Common Stock	121.1M	121.1M	121.2M	121.4M	124.8M	76.8M
Other Current Assets	458.0M	1.9B	3.3B	1.2B	1.1B	1.1B
Other Liab	199.3M	249.6M	389.8M	261.1M	300.3M	315.3M
Accounts Payable	9.3B	11.6B	13.6B	34.2M	39.3M	37.3M
Long Term Debt	720.1M	705.1M	405.0M	524.4M	459.8M	507.3M
Good Will	446.8M	452.3M	457.2M	458.5M	456.3M	243.4M
Short Term Investments	1.4B	1.4B	1.8B	1.8B	2.1B	2.2B
Inventory	15.4M	5.0M	4.6M	560K	504K	478.8K
Intangible Assets	54.4M	45.5M	50.4M	43.2M	64.6M	38.4M
Property Plant Equipment	279.3M	320.6M	270.8M	113.8M	130.9M	173.7M
Net Tangible Assets	1.1B	1.3B	1.4B	65.5M	75.3M	71.6M
Long Term Investments	1.5B	1.4B	2.0B	2.4B	2.6B	1.6B
Capital Surpluse	1.0B	369.7M	302.7M	309.6M	278.7M	508.8M
Long Term Debt Total	248.5M	543.4M	541.5M	524.4M	603.1M	431.4M

Pair Trading with Towne Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Towne Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Towne Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Towne Stock

0.83	AX	Axos Financial	Pair Corr
0.78	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.8	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Towne Stock

0.33

CFG-PE

Citizens Financial

Pair Corr

The ability to find closely correlated positions to Towne Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Towne Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Towne Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Towne Bank to buy it.

The correlation of Towne Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Towne Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Towne Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Towne Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Towne Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Towne Bank'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 Towne Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Towne Bank Stock:

How To Invest In Towne

Details

Is Towne Stock a good investment?

Details

What is Towne Bank's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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 Towne Bank. If investors know Towne 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 Towne Bank 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

(0.05)

Dividend Share

Earnings Share

Revenue Per Share

8.973

Quarterly Revenue Growth

0.022

The market value of Towne Bank is measured differently than its book value, which is the value of Towne that is recorded on the company's balance sheet. Investors also form their own opinion of Towne Bank's value that differs from its market value or its book value, called intrinsic value, which is Towne Bank'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 Towne Bank's market value can be influenced by many factors that don't directly affect Towne Bank'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 Towne Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Towne Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Towne Bank'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.

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Towne Capital Stock vs Short Term Investments Analysis

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

Correlation Coefficient

Capital Stock

Short Term Investments

Towne Bank fundamental ratios Correlations

Towne Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Towne Bank fundamental ratios Accounts

Pair Trading with Towne Bank

Moving together with Towne Stock

Moving against Towne Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.97	Total Assets

Cash	- 0.89	Net Debt
Other Liab	- 0.8	Net Debt
Cash And Short Term Investments	- 0.67	Net Debt
Net Debt	- 0.63	Total Assets
Retained Earnings	- 0.62	Net Debt
Net Debt	- 0.62	Total Current Liabilities