Bar Short Term Debt vs Non Current Assets Total Analysis

BHB Stock  USD 25.51  0.12  0.47%   
Bar Harbor financial indicator trend analysis is way more than just evaluating Bar Harbor Bankshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bar Harbor Bankshares is a good investment. Please check the relationship between Bar Harbor Short Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bar Harbor Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Short Term Debt vs Non Current Assets Total

Short Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bar Harbor Bankshares Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bar Harbor's Short Term Debt and Non Current Assets Total is 0.46. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Bar Harbor Bankshares, assuming nothing else is changed. The correlation between historical values of Bar Harbor's Short Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Bar Harbor Bankshares are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., Bar Harbor's Short Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Bar Harbor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bar Harbor Bankshares 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 Bar Harbor Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At present, Bar Harbor's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 775.23, whereas Tax Provision is forecasted to decline to about 10.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense15.2M12.8M18.3M19.6M
Depreciation And Amortization940K932K5.1M5.4M

Bar Harbor fundamental ratios Correlations

0.410.990.990.150.910.730.60.470.870.340.990.90.70.970.830.940.280.990.440.310.890.980.570.32-0.52
0.410.320.360.940.23-0.060.290.150.070.530.370.46-0.090.370.330.20.510.370.540.880.030.250.71-0.140.22
0.990.320.990.050.910.770.580.460.880.320.990.890.720.970.820.940.260.990.40.230.920.990.530.35-0.55
0.990.360.990.110.90.730.620.50.870.320.990.890.720.970.810.930.250.990.470.290.90.980.560.33-0.51
0.150.940.050.110.03-0.40.240.16-0.120.310.120.17-0.180.110.08-0.030.310.120.560.85-0.260.00.53-0.210.43
0.910.230.910.90.030.620.650.570.920.070.910.690.810.820.830.970.010.910.370.080.850.950.20.38-0.69
0.73-0.060.770.73-0.40.620.180.070.640.450.720.740.380.740.720.70.40.72-0.11-0.110.90.740.360.27-0.69
0.60.290.580.620.240.650.180.980.51-0.240.650.360.560.550.650.61-0.280.650.840.460.40.620.230.12-0.12
0.470.150.460.50.160.570.070.980.45-0.430.520.210.570.420.560.53-0.410.520.780.340.310.520.060.17-0.12
0.870.070.880.87-0.120.920.640.510.450.010.870.690.870.820.70.93-0.080.870.23-0.070.890.930.20.33-0.64
0.340.530.320.320.310.070.45-0.24-0.430.010.280.54-0.340.350.210.110.810.28-0.010.420.250.190.64-0.210.01
0.990.370.990.990.120.910.720.650.520.870.280.890.720.970.830.940.221.00.480.310.880.980.560.29-0.49
0.90.460.890.890.170.690.740.360.210.690.540.890.480.930.690.770.490.890.320.380.790.840.750.25-0.37
0.7-0.090.720.72-0.180.810.380.560.570.87-0.340.720.480.660.470.78-0.310.720.31-0.190.70.790.020.48-0.52
0.970.370.970.970.110.820.740.550.420.820.350.970.930.660.780.890.290.970.420.320.870.950.670.32-0.43
0.830.330.820.810.080.830.720.650.560.70.210.830.690.470.780.850.180.830.320.280.80.830.370.24-0.65
0.940.20.940.93-0.030.970.70.610.530.930.110.940.770.780.890.850.050.940.330.090.880.980.320.38-0.67
0.280.510.260.250.310.010.4-0.28-0.41-0.080.810.220.49-0.310.290.180.050.22-0.10.390.180.130.60.15-0.05
0.990.370.990.990.120.910.720.650.520.870.281.00.890.720.970.830.940.220.480.310.880.980.560.29-0.49
0.440.540.40.470.560.37-0.110.840.780.23-0.010.480.320.310.420.320.33-0.10.480.740.10.380.44-0.080.33
0.310.880.230.290.850.08-0.110.460.34-0.070.420.310.38-0.190.320.280.090.390.310.74-0.090.150.73-0.260.46
0.890.030.920.9-0.260.850.90.40.310.890.250.880.790.70.870.80.880.180.880.1-0.090.920.330.36-0.74
0.980.250.990.980.00.950.740.620.520.930.190.980.840.790.950.830.980.130.980.380.150.920.430.37-0.61
0.570.710.530.560.530.20.360.230.060.20.640.560.750.020.670.370.320.60.560.440.730.330.430.00.18
0.32-0.140.350.33-0.210.380.270.120.170.33-0.210.290.250.480.320.240.380.150.29-0.08-0.260.360.370.0-0.52
-0.520.22-0.55-0.510.43-0.69-0.69-0.12-0.12-0.640.01-0.49-0.37-0.52-0.43-0.65-0.67-0.05-0.490.330.46-0.74-0.610.18-0.52
Click cells to compare fundamentals

Bar Harbor Account Relationship Matchups

Bar Harbor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.7B3.7B3.9B4.0B4.2B
Short Long Term Debt Total531.3M336.0M178.5M725.6M338.4M338.6M
Total Stockholder Equity396.4M411.3M424.1M393.5M432.1M453.7M
Property Plant And Equipment Net51.2M52.5M49.4M47.6M55.2M57.9M
Net Debt474.4M110.0M(71.9M)633.3M243.5M294.4M
Retained Earnings175.8M195.6M215.6M243.8M272.1M285.7M
Cash56.9M226.0M250.4M92.3M94.8M99.6M
Non Current Assets Total841.7M764.7M793.9M732.4M3.9B4.1B
Non Currrent Assets Other(3.9M)(1.7M)(5.5M)(24.4M)3.6B3.8B
Other Assets2.1B2.2B2.0B2.5B2.9B3.0B
Cash And Short Term Investments720.1M811.1M868.7M651.8M(42.2M)(40.1M)
Common Stock Shares Outstanding15.6M15.3M15.0M15.1M15.2M10.9M
Liabilities And Stockholders Equity3.7B3.7B3.7B3.9B4.0B4.2B
Non Current Liabilities Total531.3M336.0M178.5M331.4M707.1M742.4M
Other Stockholder Equity183.9M171.9M173.4M175.1M177.0M185.8M
Total Liab531.3M3.3B3.3B3.5B3.5B3.7B
Property Plant And Equipment Gross51.2M52.5M75.1M77.4M81.7M85.8M
Total Current Assets720.1M811.1M868.7M651.8M102.1M97.0M
Accumulated Other Comprehensive Income3.9M11.0M2.3M(58.3M)(49.9M)(47.4M)
Total Current Liabilities2.3B93.5M94.8M331.4M2.8B3.0B
Short Term Debt349.3M93.5M94.8M331.4M272.1M241.2M
Other Liab35.2M72.2M58.0M44.9M51.7M54.3M
Accounts Payable2.7B2.9B3.0B3.0B3.5B3.7B
Long Term Debt531.3M336.0M178.5M394.2M60.7M57.7M
Treasury Stock(4.7M)(18.2M)(17.5M)(16.8M)(15.1M)(14.4M)
Property Plant Equipment51.2M52.5M49.4M47.6M54.8M57.5M
Other Current Assets62.4M229.9M253.3M98.0M102.1M97.0M
Intangible Assets8.6M7.7M6.7M5.8M4.9M4.6M
Short Term Investments663.2M585.0M618.3M559.5M534.6M494.5M
Other Current Liab1.9B(93.5M)(94.8M)(331.4M)2.6B2.7B
Net Tangible Assets269.1M284.2M297.9M268.2M308.4M230.2M
Retained Earnings Total Equity175.8M195.6M215.6M243.8M280.4M157.4M
Long Term Debt Total59.9M60.0M178.5M394.2M453.4M476.1M
Capital Surpluse188.5M190.1M190.9M191.9M220.7M125.5M
Long Term Investments3.3B2.6B618.3M559.5M534.6M507.8M
Non Current Liabilities Other45.7M72.2M58.0M78.7M90.5M95.0M
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 Bar Harbor 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, Bar Harbor's short interest history, or implied volatility extrapolated from Bar Harbor options trading.

Pair Trading with Bar Harbor

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

Moving together with Bar Stock

  0.87AX Axos Financial Earnings Call This WeekPairCorr
  0.9BY Byline Bancorp Normal TradingPairCorr
  0.85PB Prosperity Bancshares Normal TradingPairCorr

Moving against Bar Stock

  0.41TECTP Tectonic FinancialPairCorr
The ability to find closely correlated positions to Bar Harbor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bar Harbor 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 Bar Harbor - 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 Bar Harbor Bankshares to buy it.
The correlation of Bar Harbor 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 Bar Harbor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bar Harbor Bankshares 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 Bar Harbor 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 Bar Harbor Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bar Harbor'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 Bar Harbor Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bar Harbor Bankshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bar Harbor Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Bar Harbor Bankshares information on this page should be used as a complementary analysis to other Bar Harbor'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Bar Harbor's price analysis, check to measure Bar Harbor'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 Bar Harbor is operating at the current time. Most of Bar Harbor's value examination focuses on studying past and present price action to predict the probability of Bar Harbor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bar Harbor's price. Additionally, you may evaluate how the addition of Bar Harbor to your portfolios can decrease your overall portfolio volatility.
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Is Bar Harbor'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 Bar Harbor. If investors know Bar 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 Bar Harbor 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
(0.23)
Dividend Share
1.12
Earnings Share
2.75
Revenue Per Share
9.725
Quarterly Revenue Growth
(0.07)
The market value of Bar Harbor Bankshares is measured differently than its book value, which is the value of Bar that is recorded on the company's balance sheet. Investors also form their own opinion of Bar Harbor's value that differs from its market value or its book value, called intrinsic value, which is Bar Harbor'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 Bar Harbor's market value can be influenced by many factors that don't directly affect Bar Harbor'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 Bar Harbor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bar Harbor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bar Harbor'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.