Towne Minority Interest vs Gross Profit Analysis

TOWN Stock  USD 27.30  0.27  1.00%   
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 Minority Interest and its Gross Profit 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 tightly coupled 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.

Minority Interest vs Gross Profit

Minority Interest vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Towne Bank Minority Interest account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Towne Bank's Minority Interest and Gross Profit is -0.1. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit 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 Minority Interest and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Towne Bank are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., Towne Bank's Minority Interest and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Towne Bank whose combined shares represent less than 50% of the total outstanding shares issued by Towne Bank have a minority interest in Towne Bank.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Towne Bank minus its cost of goods sold. It is profit before Towne Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 tightly coupled 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 4th of May 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 Profit679.0M677.1M941.6M988.7M
Total Revenue679.0M686.4M941.6M988.7M

Towne Bank fundamental ratios Correlations

0.990.860.810.960.330.330.820.980.96-0.630.970.750.630.140.19-0.240.610.64-0.13-0.370.8-0.230.960.180.44
0.990.870.850.980.350.420.80.970.96-0.560.950.70.610.10.19-0.150.610.66-0.07-0.320.84-0.180.940.210.52
0.860.870.670.850.680.390.760.880.92-0.250.870.380.740.16-0.23-0.220.770.79-0.03-0.30.67-0.030.73-0.190.51
0.810.850.670.90.120.640.740.830.76-0.410.680.590.23-0.220.420.210.260.350.24-0.071.00.120.730.470.72
0.960.980.850.90.340.560.740.940.91-0.460.880.640.530.010.240.010.550.610.05-0.230.9-0.050.880.290.65
0.330.350.680.120.340.310.250.320.470.20.39-0.090.810.54-0.54-0.150.870.830.14-0.140.130.180.22-0.410.26
0.330.420.390.640.560.310.290.370.330.20.140.080.03-0.190.330.740.170.30.710.380.660.60.190.540.96
0.820.80.760.740.740.250.290.890.86-0.560.760.660.37-0.020.22-0.230.360.420.1-0.120.740.040.770.150.42
0.980.970.880.830.940.320.370.890.95-0.620.940.740.540.070.2-0.230.530.56-0.01-0.350.82-0.080.920.170.5
0.960.960.920.760.910.470.330.860.95-0.50.950.610.70.150.03-0.240.690.74-0.12-0.290.75-0.210.890.030.44
-0.63-0.56-0.25-0.41-0.460.20.2-0.56-0.62-0.5-0.62-0.96-0.23-0.31-0.550.51-0.12-0.070.210.49-0.380.3-0.8-0.370.15
0.970.950.870.680.880.390.140.760.940.95-0.620.680.730.22-0.01-0.430.70.68-0.32-0.510.67-0.370.94-0.040.26
0.750.70.380.590.64-0.090.080.660.740.61-0.960.680.270.280.64-0.330.190.18-0.02-0.40.57-0.140.870.520.12
0.630.610.740.230.530.810.030.370.540.7-0.230.730.270.65-0.44-0.470.990.94-0.34-0.450.22-0.360.59-0.380.02
0.140.10.16-0.220.010.54-0.19-0.020.070.15-0.310.220.280.65-0.16-0.40.610.53-0.13-0.34-0.22-0.140.24-0.15-0.33
0.190.19-0.230.420.24-0.540.330.220.20.03-0.55-0.010.64-0.44-0.160.33-0.46-0.390.450.160.410.270.320.950.29
-0.24-0.15-0.220.210.01-0.150.74-0.23-0.23-0.240.51-0.43-0.33-0.47-0.40.33-0.34-0.160.620.670.230.52-0.370.550.66
0.610.610.770.260.550.870.170.360.530.69-0.120.70.190.990.61-0.46-0.340.97-0.24-0.380.26-0.250.54-0.360.15
0.640.660.790.350.610.830.30.420.560.74-0.070.680.180.940.53-0.39-0.160.97-0.17-0.230.36-0.230.54-0.250.28
-0.13-0.07-0.030.240.050.140.710.1-0.01-0.120.21-0.32-0.02-0.34-0.130.450.62-0.24-0.170.510.260.96-0.160.550.63
-0.37-0.32-0.3-0.07-0.23-0.140.38-0.12-0.35-0.290.49-0.51-0.4-0.45-0.340.160.67-0.38-0.230.51-0.030.46-0.450.30.32
0.80.840.671.00.90.130.660.740.820.75-0.380.670.570.22-0.220.410.230.260.360.26-0.030.150.720.470.74
-0.23-0.18-0.030.12-0.050.180.60.04-0.08-0.210.3-0.37-0.14-0.36-0.140.270.52-0.25-0.230.960.460.15-0.270.340.54
0.960.940.730.730.880.220.190.770.920.89-0.80.940.870.590.240.32-0.370.540.54-0.16-0.450.72-0.270.260.27
0.180.21-0.190.470.29-0.410.540.150.170.03-0.37-0.040.52-0.38-0.150.950.55-0.36-0.250.550.30.470.340.260.46
0.440.520.510.720.650.260.960.420.50.440.150.260.120.02-0.330.290.660.150.280.630.320.740.540.270.46
Click cells to compare fundamentals

Towne Bank Account Relationship Matchups

Towne Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9B14.6B16.4B15.8B16.8B17.7B
Total Stockholder Equity1.6B1.8B1.9B1.9B2.0B2.1B
Other Assets7.8B9.2B8.5B14.8B17.0B17.9B
Common Stock Shares Outstanding72.2M72.3M72.6M72.6M74.7M45.0M
Liabilities And Stockholders Equity11.9B14.6B16.4B15.8B16.8B17.7B
Other Stockholder Equity1.0B1.0B1.1B1.1B1.1B1.2B
Total Liab720.1M705.1M405.0M252.1M14.8B15.5B
Short Long Term Debt Total720.1M705.1M405.0M277.1M492.6M455.2M
Other Current Liab6.5B9.2B11.7B12.5B11.1B9.3B
Total Current Liabilities7.0B9.6B11.8B12.6B11.1B11.7B
Property Plant And Equipment Net231.8M260.2M270.8M304.8M337.6M354.5M
Net Debt277.5M(1.2B)(2.9B)(875.7M)(635.8M)(604.0M)
Retained Earnings467.2M557.9M716.6M840.8M921.1M967.2M
Cash442.6M1.9B3.3B1.2B1.1B1.2B
Non Current Assets Total2.2B2.1B2.7B884.6M15.7B16.5B
Non Currrent Assets Other(2.2B)(77.1M)(74.4M)(2.4B)788.9M828.4M
Cash And Short Term Investments1.9B3.2B5.1B152.6M(1.0B)(973.7M)
Common Stock Total Equity121.1M121.1M338K346K397.9K378.0K
Non Current Liabilities Total720.1M705.1M405.0M252.1M3.6B3.8B
Property Plant And Equipment Gross231.8M260.2M106.7M113.8M519.2M545.2M
Total Current Assets1.9B3.2B5.1B152.6M1.1B1.1B
Accumulated Other Comprehensive Income11.3M41.2M10.6M(140.5M)(118.8M)(112.8M)
Short Term Debt428.0M380.4M88.0M76.3M32.8M31.2M
Common Stock121.1M121.1M121.2M121.4M124.8M76.8M
Other Current Assets458.0M1.9B3.3B1.2B1.1B1.1B
Other Liab199.3M249.6M389.8M261.1M300.3M315.3M
Accounts Payable9.3B11.6B13.6B34.2M39.3M37.3M
Long Term Debt720.1M705.1M405.0M524.4M459.8M507.3M
Good Will446.8M452.3M457.2M458.5M456.3M243.4M
Short Term Investments1.4B1.4B1.8B1.8B2.1B2.2B
Inventory15.4M5.0M4.6M560K504K478.8K
Intangible Assets54.4M45.5M50.4M43.2M64.6M38.4M
Property Plant Equipment279.3M320.6M270.8M113.8M130.9M173.7M
Net Tangible Assets1.1B1.3B1.4B65.5M75.3M71.6M
Long Term Investments1.5B1.4B2.0B2.4B2.6B1.6B
Capital Surpluse1.0B369.7M302.7M309.6M278.7M508.8M
Long Term Debt Total248.5M543.4M541.5M524.4M603.1M431.4M

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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:
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 tightly coupled 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Towne Bank's price analysis, check to measure Towne 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 Towne Bank is operating at the current time. Most of Towne Bank's value examination focuses on studying past and present price action to predict the probability of Towne 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 Towne Bank's price. Additionally, you may evaluate how the addition of Towne Bank to your portfolios can decrease your overall portfolio volatility.
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Is Towne 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 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
(0.11)
Dividend Share
1
Earnings Share
2.06
Revenue Per Share
8.975
Quarterly Revenue Growth
(0.03)
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.