Macatawa Net Debt vs Gross Profit Margin Analysis
MCBC Stock | USD 14.24 0.09 0.63% |
Macatawa Bank financial indicator trend analysis is infinitely more than just investigating Macatawa Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macatawa Bank is a good investment. Please check the relationship between Macatawa Bank Net Debt and its Gross Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.
Net Debt vs Gross Profit Margin
Net Debt vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macatawa Bank Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have strong relationship.
The correlation between Macatawa Bank's Net Debt and Gross Profit Margin is 0.6. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Macatawa Bank, assuming nothing else is changed. The correlation between historical values of Macatawa Bank's Net Debt and Gross Profit Margin 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 Debt of Macatawa Bank are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Macatawa Bank's Net Debt and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Gross Profit Margin
Most indicators from Macatawa Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macatawa 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.At present, Macatawa Bank's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.27, whereas Selling General Administrative is forecasted to decline to about 26.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.6M | 4.8M | 634K | 602.3K | Depreciation And Amortization | 2.7M | 1.6M | 2.1M | 2.8M |
Macatawa Bank fundamental ratios Correlations
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Macatawa Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Macatawa Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.6B | 2.9B | 2.9B | 2.6B | 1.9B | |
Short Long Term Debt Total | 80.6M | 90.6M | 85M | 30M | 30.8M | 29.3M | |
Total Current Liabilities | 962.4M | 1.5B | 1.6B | 1.6B | 1.3B | 1.1B | |
Total Stockholder Equity | 217.5M | 239.8M | 254.0M | 247.0M | 2.7B | 2.8B | |
Property Plant And Equipment Net | 43.4M | 43.3M | 41.8M | 40.3M | 38.6M | 47.8M | |
Net Debt | 48.7M | 59.1M | 61.3M | (21.2M) | (36.0M) | (34.2M) | |
Retained Earnings | (2.2M) | 17.1M | 35.2M | 59.0M | 89.8M | 94.2M | |
Cash | 31.9M | 31.5M | 23.7M | 51.2M | 36.0M | 39.6M | |
Non Current Assets Total | 351.4M | 359.6M | 594.8M | 50.0M | 2.3B | 2.4B | |
Non Currrent Assets Other | (351.4M) | (359.6M) | (594.8M) | (848.0M) | 66.5M | 69.8M | |
Other Assets | 1.5B | 2.0B | 1.9B | 2.1B | 2.1B | 1.6B | |
Cash And Short Term Investments | 257.2M | 268.3M | 439.7M | 755.2M | 483.3M | 507.5M | |
Net Receivables | 4.9M | 5.6M | 4.1M | 7.6M | 9.0M | 5.7M | |
Common Stock Total Equity | 218.1M | 218.5M | 219.1M | 219.6M | 252.5M | 175.5M | |
Common Stock Shares Outstanding | 34.1M | 34.1M | 34.2M | 34.3M | 34.3M | 26.6M | |
Liabilities And Stockholders Equity | 2.1B | 2.6B | 2.9B | 2.9B | 4.4B | 4.7B | |
Other Stockholder Equity | 2.0B | 2.4B | 2.8B | 2.9B | 2.7B | 2.8B | |
Total Liab | 80.6M | 90.6M | 85M | 2.7B | 2.5B | 1.4B | |
Property Plant And Equipment Gross | 43.4M | 43.3M | 82.5M | 79.1M | 78.8M | 52.9M | |
Total Current Assets | 262.1M | 273.9M | 443.8M | 762.8M | 483.3M | 514.0M | |
Accumulated Other Comprehensive Income | 1.5M | 4.2M | (297K) | (31.6M) | (22.9M) | (21.8M) | |
Common Stock | 218.1M | 218.5M | 219.1M | 219.6M | 220.3M | 178.8M | |
Other Current Liab | 962.4M | 1.5B | 1.6B | 1.6B | 1.3B | 1.2B | |
Non Current Liabilities Total | 80.6M | 90.6M | 85M | 2.7B | 1.2B | 1.2B | |
Other Liab | 6.3M | 18.7M | 13.0M | 11.8M | 13.6M | 7.4M | |
Accounts Payable | 17.4M | 13.0M | 2.6B | 14.7M | 13.3M | 12.6M | |
Property Plant Equipment | 43.4M | 43.3M | 41.8M | 40.3M | 46.4M | 51.4M | |
Short Term Investments | 225.2M | 236.8M | 416.1M | 499.3M | 447.2M | 225.0M | |
Inventory | (280.1M) | (791.9M) | (1.2B) | (765.1M) | (492.3M) | (467.7M) | |
Other Current Assets | 280.1M | 791.9M | 1.2B | 765.1M | 459.3M | 720.7M | |
Net Tangible Assets | 217.5M | 239.8M | 254.0M | 247.0M | 284.1M | 189.8M | |
Retained Earnings Total Equity | (2.2M) | 17.1M | 35.2M | 59.0M | 67.9M | 71.3M | |
Long Term Investments | 1.5B | 1.5B | 553.1M | 848.0M | 840.3M | 915.2M | |
Net Invested Capital | 298.1M | 330.5M | 85M | 30M | 317.1M | 189.6M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macatawa Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macatawa Bank's short interest history, or implied volatility extrapolated from Macatawa Bank options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.Note that the Macatawa Bank information on this page should be used as a complementary analysis to other Macatawa Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Macatawa Bank's price analysis, check to measure Macatawa Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macatawa Bank is operating at the current time. Most of Macatawa Bank's value examination focuses on studying past and present price action to predict the probability of Macatawa Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macatawa Bank's price. Additionally, you may evaluate how the addition of Macatawa Bank to your portfolios can decrease your overall portfolio volatility.
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Is Macatawa Bank's industry 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 Macatawa Bank. If investors know Macatawa 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 Macatawa 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 (0.19) | Dividend Share 0.34 | Earnings Share 0.33 | Revenue Per Share 3.018 | Quarterly Revenue Growth (0.07) |
The market value of Macatawa Bank is measured differently than its book value, which is the value of Macatawa that is recorded on the company's balance sheet. Investors also form their own opinion of Macatawa Bank's value that differs from its market value or its book value, called intrinsic value, which is Macatawa 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 Macatawa Bank's market value can be influenced by many factors that don't directly affect Macatawa 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 Macatawa Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macatawa Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macatawa 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.