Sierra Total Assets vs Inventory Analysis
BSRR Stock | USD 20.25 0.20 0.98% |
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 Total Assets and its Inventory 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.
Total Assets vs Inventory
Total Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sierra Bancorp Total Assets account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sierra Bancorp's Total Assets and Inventory is -0.3. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory 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 Total Assets and Inventory 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 Sierra Bancorp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., Sierra Bancorp's Total Assets and Inventory go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Sierra Bancorp 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 Sierra Bancorp 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.Inventory
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 06/08/2024, 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
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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 |
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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.