Banner Good Will vs Net Receivables Analysis

BANR Stock

USD 46.24 0.97 2.14%

Banner financial indicator trend analysis is way more than just evaluating Banner prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banner is a good investment. Please check the relationship between Banner Good Will and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banner. 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.

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

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banner Good Will account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Banner's Good Will and Net Receivables is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Banner, assuming nothing else is changed. The correlation between historical values of Banner's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Banner are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Banner's Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from Banner's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banner 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 Banner. 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.

To learn how to invest in Banner Stock, please use our How to Invest in Banner guide.At this time, Banner's Selling General Administrative is relatively stable compared to the past year. As of 05/04/2024, Enterprise Value is likely to grow to about 2.4 B, while Tax Provision is likely to drop slightly above 34.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	23.6M	19.4M	22.1M	40.4M
Depreciation And Amortization	23.9M	22.2M	21.6M	12.9M

Interest Expense Depreciation And Amortization

Banner fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Good Will	Other Current Assets	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.71	0.81	0.83	0.97	0.82	-0.22	0.84	0.54	0.67	0.48	0.92	0.59	0.94	0.91	0.54	-0.07	0.46	0.84	0.6	0.65	0.96	-0.39	0.94	0.8	0.5
Short Long Term Debt Total	0.71		0.53	0.61	0.72	0.38	0.29	0.75	0.15	0.77	0.71	0.74	0.1	0.77	0.58	0.79	-0.29	0.71	0.78	0.11	0.84	0.8	-0.5	0.71	0.45	0.23
Other Current Liab	0.81	0.53		0.82	0.71	0.59	-0.27	0.78	0.52	0.65	0.47	0.67	0.5	0.79	0.62	0.52	-0.37	0.48	0.72	0.5	0.34	0.71	-0.01	0.68	0.51	0.54
Total Current Liabilities	0.83	0.61	0.82		0.71	0.54	-0.25	0.84	0.53	0.7	0.55	0.67	0.5	0.81	0.66	0.57	-0.32	0.53	0.72	0.51	0.45	0.75	-0.42	0.64	0.45	0.36
Total Stockholder Equity	0.97	0.72	0.71	0.71		0.86	-0.16	0.73	0.49	0.59	0.42	0.96	0.54	0.88	0.94	0.5	0.01	0.41	0.82	0.54	0.68	0.97	-0.38	0.99	0.87	0.48
Property Plant And Equipment Net	0.82	0.38	0.59	0.54	0.86		-0.39	0.42	0.57	0.2	0.01	0.77	0.71	0.65	0.87	0.09	0.05	-0.01	0.5	0.71	0.56	0.77	-0.16	0.83	0.97	0.57
Net Debt	-0.22	0.29	-0.27	-0.25	-0.16	-0.39		0.04	-0.9	0.24	0.38	0.09	-0.82	0.04	-0.16	0.39	-0.05	0.4	0.15	-0.82	0.16	-0.06	-0.24	-0.04	-0.22	-0.15
Retained Earnings	0.84	0.75	0.78	0.84	0.73	0.42	0.04		0.29	0.89	0.77	0.76	0.26	0.92	0.64	0.79	-0.19	0.76	0.87	0.27	0.54	0.82	-0.5	0.71	0.42	0.31
Cash	0.54	0.15	0.52	0.53	0.49	0.57	-0.9	0.29		0.1	-0.07	0.23	0.89	0.3	0.42	-0.05	-0.08	-0.09	0.2	0.89	0.21	0.42	0.03	0.36	0.43	0.26
Non Current Assets Total	0.67	0.77	0.65	0.7	0.59	0.2	0.24	0.89	0.1		0.97	0.67	-0.08	0.82	0.5	0.98	-0.19	0.97	0.93	-0.07	0.45	0.67	-0.38	0.61	0.22	0.32
Non Currrent Assets Other	0.48	0.71	0.47	0.55	0.42	0.01	0.38	0.77	-0.07	0.97		0.54	-0.3	0.68	0.35	0.99	-0.15	1.0	0.84	-0.29	0.36	0.51	-0.4	0.45	0.04	0.23
Other Assets	0.92	0.74	0.67	0.67	0.96	0.77	0.09	0.76	0.23	0.67	0.54		0.3	0.92	0.93	0.61	0.03	0.53	0.88	0.31	0.65	0.94	-0.45	0.98	0.81	0.52
Cash And Short Term Investments	0.59	0.1	0.5	0.5	0.54	0.71	-0.82	0.26	0.89	-0.08	-0.3	0.3		0.33	0.5	-0.25	-0.06	-0.32	0.11	1.0	0.29	0.47	-0.01	0.42	0.6	0.26
Net Receivables	0.94	0.77	0.79	0.81	0.88	0.65	0.04	0.92	0.3	0.82	0.68	0.92	0.33		0.84	0.73	-0.12	0.67	0.92	0.34	0.62	0.91	-0.45	0.89	0.65	0.49
Common Stock Shares Outstanding	0.91	0.58	0.62	0.66	0.94	0.87	-0.16	0.64	0.42	0.5	0.35	0.93	0.5	0.84		0.41	0.11	0.32	0.76	0.51	0.58	0.87	-0.43	0.95	0.87	0.64
Non Current Liabilities Total	0.54	0.79	0.52	0.57	0.5	0.09	0.39	0.79	-0.05	0.98	0.99	0.61	-0.25	0.73	0.41		-0.2	0.99	0.88	-0.24	0.46	0.58	-0.37	0.53	0.13	0.27
Other Stockholder Equity	-0.07	-0.29	-0.37	-0.32	0.01	0.05	-0.05	-0.19	-0.08	-0.19	-0.15	0.03	-0.06	-0.12	0.11	-0.2		-0.18	-0.1	-0.06	-0.31	-0.03	-0.15	0.04	0.12	-0.04
Total Liab	0.46	0.71	0.48	0.53	0.41	-0.01	0.4	0.76	-0.09	0.97	1.0	0.53	-0.32	0.67	0.32	0.99	-0.18		0.84	-0.31	0.36	0.5	-0.34	0.45	0.03	0.22
Property Plant And Equipment Gross	0.84	0.78	0.72	0.72	0.82	0.5	0.15	0.87	0.2	0.93	0.84	0.88	0.11	0.92	0.76	0.88	-0.1	0.84		0.12	0.56	0.83	-0.36	0.85	0.53	0.5
Total Current Assets	0.6	0.11	0.5	0.51	0.54	0.71	-0.82	0.27	0.89	-0.07	-0.29	0.31	1.0	0.34	0.51	-0.24	-0.06	-0.31	0.12		0.29	0.48	-0.01	0.43	0.6	0.27
Short Term Debt	0.65	0.84	0.34	0.45	0.68	0.56	0.16	0.54	0.21	0.45	0.36	0.65	0.29	0.62	0.58	0.46	-0.31	0.36	0.56	0.29		0.73	-0.48	0.66	0.64	0.21
Good Will	0.96	0.8	0.71	0.75	0.97	0.77	-0.06	0.82	0.42	0.67	0.51	0.94	0.47	0.91	0.87	0.58	-0.03	0.5	0.83	0.48	0.73		-0.48	0.95	0.8	0.34
Other Current Assets	-0.39	-0.5	-0.01	-0.42	-0.38	-0.16	-0.24	-0.5	0.03	-0.38	-0.4	-0.45	-0.01	-0.45	-0.43	-0.37	-0.15	-0.34	-0.36	-0.01	-0.48	-0.48		-0.35	-0.23	0.08
Common Stock Total Equity	0.94	0.71	0.68	0.64	0.99	0.83	-0.04	0.71	0.36	0.61	0.45	0.98	0.42	0.89	0.95	0.53	0.04	0.45	0.85	0.43	0.66	0.95	-0.35		0.87	0.51
Common Stock	0.8	0.45	0.51	0.45	0.87	0.97	-0.22	0.42	0.43	0.22	0.04	0.81	0.6	0.65	0.87	0.13	0.12	0.03	0.53	0.6	0.64	0.8	-0.23	0.87		0.49
Other Liab	0.5	0.23	0.54	0.36	0.48	0.57	-0.15	0.31	0.26	0.32	0.23	0.52	0.26	0.49	0.64	0.27	-0.04	0.22	0.5	0.27	0.21	0.34	0.08	0.51	0.49

Click cells to compare fundamentals

Banner Account Relationship Matchups

Banner fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.6B	15.0B	16.8B	15.8B	15.7B	16.5B
Short Long Term Debt Total	569.3M	424.5M	328.1M	279.0M	713.8M	749.5M
Other Current Liab	7.0B	9.3B	10.7B	10.2B	10.0B	10.5B
Total Current Liabilities	7.4B	9.6B	11.0B	10.5B	10.5B	11.0B
Total Stockholder Equity	1.6B	1.7B	1.7B	1.5B	1.7B	1.7B
Property Plant And Equipment Net	178.0M	219.9M	204.0M	188.0M	176.0M	101.4M
Net Debt	261.6M	(809.7M)	(1.8B)	35.9M	459.3M	482.3M
Retained Earnings	186.8M	247.3M	390.8M	525.2M	642.2M	674.3M
Cash	307.7M	1.2B	2.1B	243.1M	254.5M	283.0M
Non Current Assets Total	2.4B	3.4B	4.8B	4.5B	15.4B	16.2B
Non Currrent Assets Other	(110.3M)	(127.0M)	(109.8M)	(214.6M)	14.5B	15.3B
Other Assets	8.3B	8.0B	6.2B	8.2B	9.5B	9.9B
Cash And Short Term Investments	1.9B	3.6B	5.8B	3.0B	254.5M	241.7M
Net Receivables	38.0M	46.6M	42.9M	57.3M	63.1M	66.3M
Common Stock Shares Outstanding	35.0M	35.5M	34.9M	34.5M	34.5M	36.2M
Liabilities And Stockholders Equity	12.6B	15.0B	16.8B	15.8B	15.7B	16.5B
Non Current Liabilities Total	569.3M	424.5M	328.1M	279.0M	3.6B	3.7B
Other Stockholder Equity	53.6M	69K	184K	(362.8M)	(417.2M)	(396.3M)
Total Liab	569.3M	424.5M	328.1M	279.0M	14.1B	14.8B
Property Plant And Equipment Gross	178.0M	164.6M	204.0M	188.0M	353.0M	370.6M
Total Current Assets	1.9B	3.6B	5.8B	3.1B	317.6M	301.7M
Accumulated Other Comprehensive Income	33.3M	69.1M	184K	(362.8M)	(289.1M)	(274.7M)
Short Term Debt	418.5M	300.8M	328.9M	297.2M	520.4M	286.3M
Other Current Assets	372.1M	1.3B	2.5B	629.4M	317.6M	301.7M
Common Stock Total Equity	1.4B	1.3B	1.3B	1.3B	1.5B	1.6B
Common Stock	1.4B	1.3B	1.3B	1.3B	1.3B	718.5M
Other Liab	45.7M	45.5M	46.7M	44.3M	50.9M	43.6M
Accounts Payable	227.9M	202.6M	14.3B	200.8M	231.0M	219.4M
Long Term Debt	237.8M	301.8M	268.4M	456.6M	482.3M	251.4M
Short Term Investments	1.6B	2.3B	3.6B	2.8B	2.4B	2.5B
Inventory	(372.1M)	(1.3B)	(2.5B)	(629.4M)	(11.0B)	(10.4B)
Intangible Assets	29.2M	21.4M	14.9M	9.4M	5.7M	5.4M
Property Plant Equipment	178.0M	164.6M	204.0M	138.8M	159.6M	111.5M
Net Tangible Assets	1.2B	1.3B	1.3B	1.1B	1.2B	1.0B
Retained Earnings Total Equity	186.8M	247.3M	390.8M	525.2M	604.0M	634.2M
Long Term Debt Total	237.8M	301.8M	482.9M	406.6M	467.6M	262.4M
Deferred Long Term Liab	45.7M	45.5M	46.7M	44.3M	50.9M	37.1M
Long Term Investments	9.7B	10.0B	4.2B	3.9B	3.4B	5.4B
Non Current Liabilities Other	450M	150M	109.8M	105.2M	121.0M	148.8M

Pair Trading with Banner

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

Moving together with Banner Stock

0.78

Prosperity Bancshares Financial Report 24th of July 2024

Pair Corr

The ability to find closely correlated positions to Banner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banner 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 Banner - 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 Banner to buy it.

The correlation of Banner 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 Banner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banner 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 Banner 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 Banner is a strong investment it is important to analyze Banner'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 Banner's future performance. For an informed investment choice regarding Banner Stock, refer to the following important reports:

How To Invest In Banner

Details

Is Banner Stock a good investment?

Details

What is Banner's Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banner. 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.

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

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 Banner Stock analysis

When running Banner's price analysis, check to measure Banner'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 Banner is operating at the current time. Most of Banner's value examination focuses on studying past and present price action to predict the probability of Banner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banner's price. Additionally, you may evaluate how the addition of Banner to your portfolios can decrease your overall portfolio volatility.

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Is Banner'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 Banner. If investors know Banner 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 Banner 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

(0.32)

Dividend Share

1.92

Earnings Share

4.81

Revenue Per Share

17.176

Quarterly Revenue Growth

(0.12)

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

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

Correlation Coefficient

Good Will

Net Receivables

Banner fundamental ratios Correlations

Banner Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Banner fundamental ratios Accounts

Pair Trading with Banner

Moving together with Banner Stock

Complementary Tools for Banner Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Currrent Assets Other
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock Total Equity	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Non Currrent Assets Other
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Non Current Assets Total

Cash	- 0.9	Net Debt
Total Current Assets	- 0.82	Net Debt
Cash And Short Term Investments	- 0.82	Net Debt
Other Current Assets	- 0.5	Retained Earnings
Other Current Assets	- 0.5	Short Long Term Debt Total
Other Current Assets	- 0.48	Good Will