Sierra Accounts Payable vs Other Current Assets Analysis

BSRR Stock

USD 20.45 0.26 1.26%

Sierra Bancorp financial indicator trend analysis is much more than just breaking down Sierra Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sierra Bancorp is a good investment. Please check the relationship between Sierra Bancorp Accounts Payable and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sierra Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

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

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sierra Bancorp Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sierra Bancorp's Accounts Payable and Other Current Assets is -0.53. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Sierra Bancorp, assuming nothing else is changed. The correlation between historical values of Sierra Bancorp's Accounts Payable and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sierra Bancorp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Sierra Bancorp's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Sierra Bancorp 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 Sierra Bancorp 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Sierra Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sierra Bancorp 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 Sierra Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Sierra Stock, please use our How to Invest in Sierra Bancorp guide.At this time, Sierra Bancorp's Tax Provision is relatively stable compared to the past year. As of 06/07/2024, Enterprise Value Over EBITDA is likely to grow to 268.85, while Selling General Administrative is likely to drop slightly above 26.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.1M	12.2M	50.7M	53.3M
Depreciation And Amortization	4.3M	3.5M	3.2M	3.4M

Interest Expense Depreciation And Amortization

Sierra Bancorp fundamental ratios Correlations

	Total Assets	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	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Total Current Liabilities	Common Stock Total Equity	Short Term Debt	Common Stock	Other Liab	Accounts Payable	Short Term Investments	Inventory	Other Current Assets
Total Assets		0.79	0.63	0.59	0.99	0.42	0.73	0.53	0.01	0.21	0.93	0.61	0.02	0.72	0.76	-0.12	0.71	0.68	0.94	0.77	0.73	0.98	0.99	0.92	-0.3	-0.53
Total Stockholder Equity	0.79		0.7	0.09	0.78	0.56	0.28	0.08	0.14	0.54	0.59	0.85	-0.13	0.42	0.77	0.21	0.23	0.38	0.83	0.3	0.96	0.73	0.75	0.68	-0.56	-0.34
Property Plant And Equipment Net	0.63	0.7		0.4	0.61	0.18	0.53	0.45	0.39	-0.02	0.54	0.61	-0.09	0.6	0.44	0.1	0.45	0.37	0.72	0.49	0.7	0.66	0.64	0.57	0.11	-0.08
Net Debt	0.59	0.09	0.4		0.61	-0.24	0.93	0.89	-0.2	-0.56	0.79	-0.01	0.09	0.76	0.26	-0.6	0.97	0.59	0.47	0.93	0.04	0.65	0.64	0.59	0.45	-0.47
Retained Earnings	0.99	0.78	0.61	0.61		0.43	0.76	0.57	-0.06	0.18	0.93	0.61	-0.03	0.7	0.76	-0.17	0.74	0.72	0.92	0.78	0.7	0.97	0.99	0.93	-0.3	-0.58
Cash	0.42	0.56	0.18	-0.24	0.43		0.08	-0.06	-0.1	0.6	0.17	0.42	0.09	-0.29	0.67	0.26	0.01	0.56	0.37	0.06	0.46	0.35	0.4	0.48	-0.77	-0.17
Non Current Assets Total	0.73	0.28	0.53	0.93	0.76	0.08		0.94	-0.16	-0.43	0.84	0.15	0.09	0.68	0.4	-0.52	0.98	0.81	0.63	0.97	0.19	0.79	0.79	0.75	0.25	-0.5
Non Currrent Assets Other	0.53	0.08	0.45	0.89	0.57	-0.06	0.94		-0.15	-0.64	0.68	-0.01	0.1	0.57	0.15	-0.59	0.9	0.73	0.46	0.9	-0.01	0.6	0.59	0.54	0.43	-0.39
Other Assets	0.01	0.14	0.39	-0.2	-0.06	-0.1	-0.16	-0.15		0.17	-0.15	0.43	0.18	0.19	-0.16	0.76	-0.25	-0.32	0.23	-0.2	0.31	0.09	-0.02	-0.01	0.31	0.68
Cash And Short Term Investments	0.21	0.54	-0.02	-0.56	0.18	0.6	-0.43	-0.64	0.17		-0.08	0.52	-0.07	-0.21	0.54	0.65	-0.42	-0.14	0.21	-0.39	0.56	0.13	0.13	0.26	-0.8	0.01
Net Receivables	0.93	0.59	0.54	0.79	0.93	0.17	0.84	0.68	-0.15	-0.08		0.39	0.14	0.81	0.63	-0.39	0.86	0.68	0.81	0.9	0.5	0.92	0.94	0.83	-0.08	-0.63
Common Stock Shares Outstanding	0.61	0.85	0.61	-0.01	0.61	0.42	0.15	-0.01	0.43	0.52	0.39		-0.18	0.39	0.55	0.44	0.08	0.15	0.76	0.12	0.89	0.57	0.55	0.53	-0.36	-0.12
Other Stockholder Equity	0.02	-0.13	-0.09	0.09	-0.03	0.09	0.09	0.1	0.18	-0.07	0.14	-0.18		-0.09	0.11	0.09	0.12	0.19	-0.12	0.19	-0.19	0.07	0.01	0.02	0.1	0.21
Total Liab	0.72	0.42	0.6	0.76	0.7	-0.29	0.68	0.57	0.19	-0.21	0.81	0.39	-0.09		0.28	-0.22	0.7	0.22	0.71	0.72	0.45	0.75	0.72	0.59	0.32	-0.36
Property Plant And Equipment Gross	0.76	0.77	0.44	0.26	0.76	0.67	0.4	0.15	-0.16	0.54	0.63	0.55	0.11	0.28		0.12	0.43	0.57	0.64	0.44	0.69	0.7	0.72	0.77	-0.6	-0.39
Total Current Assets	-0.12	0.21	0.1	-0.6	-0.17	0.26	-0.52	-0.59	0.76	0.65	-0.39	0.44	0.09	-0.22	0.12		-0.56	-0.41	0.06	-0.55	0.37	-0.12	-0.18	-0.07	-0.21	0.71
Short Long Term Debt Total	0.71	0.23	0.45	0.97	0.74	0.01	0.98	0.9	-0.25	-0.42	0.86	0.08	0.12	0.7	0.43	-0.56		0.75	0.57	0.98	0.14	0.75	0.76	0.72	0.26	-0.53
Total Current Liabilities	0.68	0.38	0.37	0.59	0.72	0.56	0.81	0.73	-0.32	-0.14	0.68	0.15	0.19	0.22	0.57	-0.41	0.75		0.55	0.78	0.22	0.69	0.73	0.74	-0.21	-0.49
Common Stock Total Equity	0.94	0.83	0.72	0.47	0.92	0.37	0.63	0.46	0.23	0.21	0.81	0.76	-0.12	0.71	0.64	0.06	0.57	0.55		0.62	0.84	0.92	0.93	0.83	-0.22	-0.34
Short Term Debt	0.77	0.3	0.49	0.93	0.78	0.06	0.97	0.9	-0.2	-0.39	0.9	0.12	0.19	0.72	0.44	-0.55	0.98	0.78	0.62		0.19	0.8	0.81	0.75	0.2	-0.55
Common Stock	0.73	0.96	0.7	0.04	0.7	0.46	0.19	-0.01	0.31	0.56	0.5	0.89	-0.19	0.45	0.69	0.37	0.14	0.22	0.84	0.19		0.67	0.68	0.6	-0.47	-0.16
Other Liab	0.98	0.73	0.66	0.65	0.97	0.35	0.79	0.6	0.09	0.13	0.92	0.57	0.07	0.75	0.7	-0.12	0.75	0.69	0.92	0.8	0.67		0.98	0.93	-0.18	-0.48
Accounts Payable	0.99	0.75	0.64	0.64	0.99	0.4	0.79	0.59	-0.02	0.13	0.94	0.55	0.01	0.72	0.72	-0.18	0.76	0.73	0.93	0.81	0.68	0.98		0.92	-0.25	-0.53
Short Term Investments	0.92	0.68	0.57	0.59	0.93	0.48	0.75	0.54	-0.01	0.26	0.83	0.53	0.02	0.59	0.77	-0.07	0.72	0.74	0.83	0.75	0.6	0.93	0.92		-0.27	-0.52
Inventory	-0.3	-0.56	0.11	0.45	-0.3	-0.77	0.25	0.43	0.31	-0.8	-0.08	-0.36	0.1	0.32	-0.6	-0.21	0.26	-0.21	-0.22	0.2	-0.47	-0.18	-0.25	-0.27		0.31
Other Current Assets	-0.53	-0.34	-0.08	-0.47	-0.58	-0.17	-0.5	-0.39	0.68	0.01	-0.63	-0.12	0.21	-0.36	-0.39	0.71	-0.53	-0.49	-0.34	-0.55	-0.16	-0.48	-0.53	-0.52	0.31

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Sierra Bancorp Account Relationship Matchups

Sierra Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	3.2B	3.4B	3.6B	3.7B	3.9B
Total Stockholder Equity	309.3M	343.9M	362.5M	303.6M	338.1M	182.2M
Property Plant And Equipment Net	27.4M	27.5M	23.6M	22.5M	42.7M	23.6M
Net Debt	(45.1M)	(36.3M)	(173.1M)	227.4M	495.9M	520.7M
Retained Earnings	186.9M	208.4M	234.4M	243.1M	259.1M	272.0M
Cash	80.1M	71.4M	257.5M	77.1M	78.6M	72.7M
Non Current Assets Total	661.0M	603.1M	1.0B	1.3B	3.6B	3.8B
Non Currrent Assets Other	(13.0M)	(17.4M)	(3.8M)	(27.6M)	3.5B	3.6B
Other Assets	1.2B	2.0B	1.1B	1.2B	1.4B	1.6B
Cash And Short Term Investments	680.9M	615.4M	1.2B	1.0B	(78.6M)	(74.7M)
Net Receivables	8.2M	16.1M	11.2M	18.4M	20.3M	21.4M
Common Stock Shares Outstanding	15.4M	15.3M	15.4M	15.0M	14.7M	13.5M
Liabilities And Stockholders Equity	2.6B	3.2B	3.4B	3.6B	3.7B	3.9B
Other Stockholder Equity	(113.2M)	22.1M	15.1M	4.1M	4.6M	4.8M
Total Liab	2.3B	2.9B	84.4M	3.3B	3.4B	3.6B
Property Plant And Equipment Gross	27.4M	27.5M	59.8M	59.7M	47.2M	26.9M
Total Current Assets	689.1M	631.5M	1.2B	1.0B	98.9M	94.0M
Short Long Term Debt Total	34.9M	35.1M	84.4M	304.5M	574.5M	603.3M
Total Current Liabilities	20M	142.9M	2.4B	219M	2.2B	2.3B
Common Stock Total Equity	112.5M	113.2M	117.1M	113.0M	130.0M	136.5M
Accumulated Other Comprehensive Income	5.9M	18.4M	11.2M	(56.6M)	(36.0M)	(34.2M)
Short Term Debt	20M	142.9M	108.8M	219M	471.2M	494.8M
Common Stock	116.5M	117.1M	116.9M	112.9M	110.4M	61.0M
Other Liab	26.6M	35.1M	35.6M	38.7M	44.5M	46.8M
Accounts Payable	2.2B	2.6B	2.8B	2.8B	3.3B	3.4B
Short Term Investments	600.8M	544.0M	973.3M	934.9M	1.0B	1.1B
Inventory	(89.1M)	(88.5M)	(268.9M)	(95.5M)	58.3M	61.2M
Other Current Assets	89.1M	88.5M	268.9M	95.5M	98.9M	94.0M
Intangible Assets	5.4M	4.3M	3.3M	2.3M	1.4M	1.3M
Property Plant Equipment	27.4M	27.5M	23.6M	22.5M	25.8M	24.0M
Other Current Liab	(20M)	(142.9M)	2.3B	(219M)	1.7B	928.7M
Long Term Debt	34.9M	35.1M	84.4M	85.5M	85.0M	51.7M
Non Current Liabilities Total	34.9M	35.1M	84.4M	219M	1.2B	1.3B
Net Tangible Assets	276.5M	312.2M	331.9M	161.0M	185.2M	243.1M
Retained Earnings Total Equity	186.9M	208.4M	234.4M	243.1M	279.5M	160.7M
Long Term Debt Total	34.9M	35.1M	84.4M	84.7M	97.4M	49.5M
Capital Surpluse	3.3M	3.7M	3.9M	4.1M	4.8M	3.4M
Long Term Investments	2.4B	3.0B	973.3M	1.3B	1.4B	1.3B
Non Current Liabilities Other	35.5M	35.1M	35.6M	265.0M	304.7M	320.0M

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Sierra Accounts Payable vs Other Current Assets Analysis

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Current Assets

Sierra Bancorp fundamental ratios Correlations

Sierra Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sierra Bancorp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Sierra Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Retained Earnings
Other Liab	+ 0.98	Total Assets
Short Long Term Debt Total	+ 0.98	Non Current Assets Total
Short Term Debt	+ 0.98	Short Long Term Debt Total

Inventory	- 0.8	Cash And Short Term Investments
Inventory	- 0.77	Cash
Cash And Short Term Investments	- 0.64	Non Currrent Assets Other
Other Current Assets	- 0.63	Net Receivables
Inventory	- 0.6	Property Plant And Equipment Gross
Total Current Assets	- 0.6	Net Debt