Equity Bancshares Stock Return On Asset
| EQBK Stock | USD 33.96 0.33 0.96% |
Equity Bancshares fundamentals help investors to digest information that contributes to Equity Bancshares' financial success or failures. It also enables traders to predict the movement of Equity Stock. The fundamental analysis module provides a way to measure Equity Bancshares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Equity Bancshares stock.
The value of Return On Assets is estimated to slide to 0. Equity | Return On Asset |
Equity Bancshares Company Return On Asset Analysis
Equity Bancshares' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Equity Bancshares Return On Asset | 0.0018 |
Most of Equity Bancshares' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Equity Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Equity Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Equity Bancshares is extremely important. It helps to project a fair market value of Equity Stock properly, considering its historical fundamentals such as Return On Asset. Since Equity Bancshares' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Equity Bancshares' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Equity Bancshares' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Equity Bancshares has a Return On Asset of 0.0018. This is 100.38% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 101.29% lower than that of the firm.
Equity Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equity Bancshares' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equity Bancshares could also be used in its relative valuation, which is a method of valuing Equity Bancshares by comparing valuation metrics of similar companies.Equity Bancshares is currently under evaluation in return on asset category among related companies.
Equity Fundamentals
| Return On Equity | 0.0217 | |||
| Return On Asset | 0.0018 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 651.37 M | |||
| Shares Outstanding | 15.33 M | |||
| Shares Owned By Insiders | 7.18 % | |||
| Shares Owned By Institutions | 67.29 % | |||
| Number Of Shares Shorted | 162.5 K | |||
| Price To Earning | 10.10 X | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 3.61 X | |||
| Revenue | 136.98 M | |||
| Gross Profit | 197.74 M | |||
| EBITDA | 2.42 M | |||
| Net Income | 7.82 M | |||
| Cash And Equivalents | 155.41 M | |||
| Cash Per Share | 9.70 X | |||
| Total Debt | 336.92 M | |||
| Debt To Equity | 8.48 % | |||
| Book Value Per Share | 29.80 X | |||
| Cash Flow From Operations | 76.53 M | |||
| Short Ratio | 2.88 X | |||
| Earnings Per Share | 0.50 X | |||
| Target Price | 38.0 | |||
| Number Of Employees | 717 | |||
| Beta | 0.92 | |||
| Market Capitalization | 522.29 M | |||
| Total Asset | 5.03 B | |||
| Retained Earnings | 141.01 M | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 5.03 B | |||
| Last Dividend Paid | 0.46 |
About Equity Bancshares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equity Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equity Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equity Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Equity Bancshares
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 Equity Bancshares 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 Equity Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Equity Stock
| 0.63 | AX | Axos Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Equity Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Bancshares 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 Equity Bancshares - 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 Equity Bancshares to buy it.
The correlation of Equity Bancshares 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 Equity Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Bancshares 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 Equity Bancshares 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.Check out Equity Bancshares Piotroski F Score and Equity Bancshares Altman Z Score analysis. For more information on how to buy Equity Stock please use our How to buy in Equity Stock guide.Note that the Equity Bancshares information on this page should be used as a complementary analysis to other Equity Bancshares' 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Equity Stock analysis
When running Equity Bancshares' price analysis, check to measure Equity Bancshares' 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 Equity Bancshares is operating at the current time. Most of Equity Bancshares' value examination focuses on studying past and present price action to predict the probability of Equity Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Bancshares' price. Additionally, you may evaluate how the addition of Equity Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Equity Bancshares' 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 Equity Bancshares. If investors know Equity 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 Equity 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 0.169 | Dividend Share 0.46 | Earnings Share 0.5 | Revenue Per Share 9.316 | Quarterly Revenue Growth 0.105 |
The market value of Equity Bancshares is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Equity 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 Equity Bancshares' market value can be influenced by many factors that don't directly affect Equity 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 Equity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity 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.