Sierra Earning Assets vs Net Receivables Analysis
BSRR Stock | USD 21.97 0.33 1.48% |
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 Earning Assets and its Net Receivables 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 tightly coupled 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.
Earning Assets vs Net Receivables
Earning Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sierra Bancorp Earning Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sierra Bancorp's Earning Assets and Net Receivables is 0.84. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Net Receivables 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 Earning Assets 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 Earning Assets of Sierra Bancorp 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 Earning Assets i.e., Sierra Bancorp's Earning Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Earning Assets
Net Receivables
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 tightly coupled 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 05/17/2024, 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 |
Sierra Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Sierra Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled 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.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Sierra Stock analysis
When running Sierra Bancorp's price analysis, check to measure Sierra Bancorp'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 Sierra Bancorp is operating at the current time. Most of Sierra Bancorp's value examination focuses on studying past and present price action to predict the probability of Sierra Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sierra Bancorp's price. Additionally, you may evaluate how the addition of Sierra Bancorp to your portfolios can decrease your overall portfolio volatility.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is Sierra Bancorp'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 Sierra Bancorp. If investors know Sierra 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 Sierra Bancorp 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 0.103 | Dividend Share 0.92 | Earnings Share 2.42 | Revenue Per Share 9.722 | Quarterly Revenue Growth 0.079 |
The market value of Sierra Bancorp is measured differently than its book value, which is the value of Sierra that is recorded on the company's balance sheet. Investors also form their own opinion of Sierra Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Sierra Bancorp'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 Sierra Bancorp's market value can be influenced by many factors that don't directly affect Sierra Bancorp'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 Sierra Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sierra Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sierra Bancorp'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.