BancFirst Total Assets vs Accounts Payable Analysis

BANF Stock  USD 89.08  0.24  0.27%   
BancFirst financial indicator trend analysis is way more than just evaluating BancFirst prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BancFirst is a good investment. Please check the relationship between BancFirst Total Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BancFirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BancFirst Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BancFirst's Total Assets and Accounts Payable is -0.11. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of BancFirst, assuming nothing else is changed. The correlation between historical values of BancFirst's Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of BancFirst are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., BancFirst's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of BancFirst assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BancFirst books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents BancFirst obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BancFirst are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from BancFirst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BancFirst 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BancFirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.At this time, BancFirst's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The BancFirst's current Enterprise Value Over EBITDA is estimated to increase to 42.68, while Tax Provision is projected to decrease to roughly 43.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense11.4M46.1M4.1M3.9M
Depreciation And Amortization20.0M22.0M22.2M11.2M

BancFirst fundamental ratios Correlations

0.690.630.980.95-0.830.98-0.110.870.70.330.560.930.920.790.080.761.00.93-0.02-0.460.310.620.690.680.75
0.690.490.660.68-0.680.68-0.190.70.550.150.480.60.660.43-0.060.530.70.8-0.16-0.020.150.490.480.430.43
0.630.490.650.56-0.30.68-0.150.380.990.71-0.220.680.590.24-0.160.150.620.66-0.310.210.531.00.210.150.34
0.980.660.650.98-0.721.0-0.120.760.710.310.480.960.950.74-0.020.780.970.95-0.13-0.450.310.640.750.740.75
0.950.680.560.98-0.710.97-0.210.740.630.140.520.920.970.71-0.140.80.950.96-0.23-0.430.180.560.760.750.69
-0.83-0.68-0.3-0.72-0.71-0.730.08-0.99-0.39-0.2-0.78-0.65-0.65-0.8-0.36-0.65-0.85-0.7-0.310.5-0.12-0.3-0.49-0.48-0.61
0.980.680.681.00.97-0.73-0.120.770.750.330.470.970.950.71-0.030.750.980.96-0.15-0.410.330.680.730.710.73
-0.11-0.19-0.15-0.12-0.210.08-0.12-0.09-0.160.2-0.03-0.1-0.250.070.44-0.1-0.1-0.230.4-0.360.75-0.150.030.040.26
0.870.70.380.760.74-0.990.77-0.090.470.250.740.690.690.80.330.620.880.740.27-0.460.160.380.470.470.6
0.70.550.990.710.63-0.390.75-0.160.470.7-0.120.740.660.31-0.130.230.70.73-0.270.150.520.990.270.210.4
0.330.150.710.310.14-0.20.330.20.250.7-0.30.320.070.310.49-0.040.330.20.360.010.660.72-0.03-0.090.35
0.560.48-0.220.480.52-0.780.47-0.030.74-0.12-0.30.410.480.610.280.710.570.460.31-0.59-0.19-0.230.60.630.46
0.930.60.680.960.92-0.650.97-0.10.690.740.320.410.920.61-0.070.710.930.92-0.19-0.380.350.680.680.660.73
0.920.660.590.950.97-0.650.95-0.250.690.660.070.480.920.59-0.280.750.910.95-0.37-0.320.160.590.730.720.61
0.790.430.240.740.71-0.80.710.070.80.310.310.610.610.590.480.750.790.570.42-0.750.210.240.620.630.8
0.08-0.06-0.16-0.02-0.14-0.36-0.030.440.33-0.130.490.28-0.07-0.280.480.080.1-0.180.98-0.510.27-0.15-0.07-0.060.35
0.760.530.150.780.8-0.650.75-0.10.620.23-0.040.710.710.750.750.080.750.680.01-0.690.00.150.90.890.79
1.00.70.620.970.95-0.850.98-0.10.880.70.330.570.930.910.790.10.750.920.0-0.460.310.620.680.670.74
0.930.80.660.950.96-0.70.96-0.230.740.730.20.460.920.950.57-0.180.680.92-0.28-0.250.230.660.650.630.59
-0.02-0.16-0.31-0.13-0.23-0.31-0.150.40.27-0.270.360.31-0.19-0.370.420.980.010.0-0.28-0.470.15-0.3-0.12-0.090.22
-0.46-0.020.21-0.45-0.430.5-0.41-0.36-0.460.150.01-0.59-0.38-0.32-0.75-0.51-0.69-0.46-0.25-0.47-0.150.21-0.54-0.58-0.68
0.310.150.530.310.18-0.120.330.750.160.520.66-0.190.350.160.210.270.00.310.230.15-0.150.540.150.110.44
0.620.491.00.640.56-0.30.68-0.150.380.990.72-0.230.680.590.24-0.150.150.620.66-0.30.210.540.210.140.34
0.690.480.210.750.76-0.490.730.030.470.27-0.030.60.680.730.62-0.070.90.680.65-0.12-0.540.150.210.990.7
0.680.430.150.740.75-0.480.710.040.470.21-0.090.630.660.720.63-0.060.890.670.63-0.09-0.580.110.140.990.68
0.750.430.340.750.69-0.610.730.260.60.40.350.460.730.610.80.350.790.740.590.22-0.680.440.340.70.68
Click cells to compare fundamentals

BancFirst Account Relationship Matchups

BancFirst fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.2B9.4B12.4B12.4B13.0B
Total Current Liabilities49.2M51.9M56.0M76.5M4.8B5.0B
Total Stockholder Equity1.0B1.1B1.2B1.3B1.4B1.5B
Property Plant And Equipment Net206.3M261.7M269.0M278.1M284.5M298.7M
Net Debt(1.8B)(1.6B)(2.0B)(3.1B)(2.3B)(2.2B)
Retained Earnings815.5M871.2M977.1M1.1B1.3B1.3B
Accounts Payable49.2M51.9M56.0M76.5M87.9M83.5M
Cash1.9B1.6B2.1B3.2B2.4B2.5B
Non Current Assets Total869.1M985.8M971.0M2.0B9.9B10.4B
Non Currrent Assets Other(22.3M)(31.7M)(26.5M)(55.0M)7.1B7.5B
Cash And Short Term Investments2.4B2.2B2.6B4.7B1.8B1.2B
Net Receivables202.9M220.6M234.0M301.6M346.8M364.1M
Good Will79.7M148.6M149.9M182.1M182.3M191.4M
Common Stock Shares Outstanding33.3M33.2M33.3M33.4M33.5M34.0M
Liabilities And Stockholders Equity8.6B9.2B9.4B12.4B12.4B13.0B
Other Current Assets1.9B1.7B2.1B3.2B2.5B2.7B
Other Stockholder Equity153.4M156.6M159.9M169.2M174.7M91.4M
Total Liab7.6B8.1B8.2B11.1B11.0B11.5B
Property Plant And Equipment Gross206.3M261.7M402.7M422.5M436.6M458.5M
Total Current Assets2.6B2.4B2.8B5.0B2.5B3.6B
Other Current Liab(49.2M)(51.9M)(56.0M)(76.5M)4.8B5.0B
Accumulated Other Comprehensive Income3.5M7.4M2.2M(71.6M)(50.0M)(47.5M)
Common Stock Total Equity32.7M32.7M32.6M32.9M37.8M19.7M
Common Stock32.7M32.7M32.6M32.9M32.9M20.3M
Other Assets5.1B5.8B5.6B5.4B6.2B5.7B
Short Term Investments489.7M552.2M531.5M1.5B1.6B1.6B
Inventory(1.9B)(1.7B)(2.1B)(3.2B)(2.9B)(2.8B)
Intangible Assets22.6M19.0M17.6M20.0M16.7M15.0M
Property Plant Equipment211.9M293.9M308.5M314.8M362.1M380.2M
Retained Earnings Total Equity815.5M871.2M977.1M1.1B1.3B660.0M
Net Tangible Assets833.8M899.0M978.6M1.0B1.2B831.9M
Capital Surpluse153.4M156.6M159.9M169.2M194.6M143.3M
Non Current Liabilities Other49.2M51.9M56.0M76.5M87.9M45.5M
Long Term Investments6.1B6.9B6.6B8.4B1.6B1.5B

Pair Trading with BancFirst

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 BancFirst 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 BancFirst will appreciate offsetting losses from the drop in the long position's value.

Moving together with BancFirst Stock

  0.74AX Axos Financial Earnings Call This WeekPairCorr
  0.84BY Byline Bancorp Normal TradingPairCorr
  0.71PB Prosperity Bancshares Normal TradingPairCorr

Moving against BancFirst Stock

  0.47TECTP Tectonic FinancialPairCorr
  0.46NU Nu Holdings Aggressive PushPairCorr
The ability to find closely correlated positions to BancFirst could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BancFirst 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 BancFirst - 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 BancFirst to buy it.
The correlation of BancFirst 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 BancFirst moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BancFirst 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 BancFirst 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 CorrelationCorrelation Matching
When determining whether BancFirst is a strong investment it is important to analyze BancFirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BancFirst's future performance. For an informed investment choice regarding BancFirst Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BancFirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is BancFirst'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 BancFirst. If investors know BancFirst 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 BancFirst 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
(0.13)
Dividend Share
1.69
Earnings Share
6.12
Revenue Per Share
18.059
Quarterly Revenue Growth
(0.05)
The market value of BancFirst is measured differently than its book value, which is the value of BancFirst that is recorded on the company's balance sheet. Investors also form their own opinion of BancFirst's value that differs from its market value or its book value, called intrinsic value, which is BancFirst'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 BancFirst's market value can be influenced by many factors that don't directly affect BancFirst'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 BancFirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if BancFirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BancFirst'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.