LINKBANCORP Net Receivables vs Common Stock Shares Outstanding Analysis

LNKB Stock  USD 6.55  0.05  0.77%   
LINKBANCORP financial indicator trend analysis is infinitely more than just investigating LINKBANCORP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LINKBANCORP is a good investment. Please check the relationship between LINKBANCORP Net Receivables and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LINKBANCORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LINKBANCORP Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LINKBANCORP's Net Receivables and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of LINKBANCORP, assuming nothing else is changed. The correlation between historical values of LINKBANCORP's Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of LINKBANCORP are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., LINKBANCORP's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from LINKBANCORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LINKBANCORP 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LINKBANCORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.At present, LINKBANCORP's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 16.4 M, whereas Selling General Administrative is forecasted to decline to about 13.8 M.
 2021 2022 2023 2024 (projected)
Interest Income18.5M40.3M54.3M35.0M
Net Interest Income16.1M33.0M33.4M25.9M

LINKBANCORP fundamental ratios Correlations

0.680.75-0.25-0.21-0.31-0.320.80.890.14-0.10.760.810.570.990.80.930.380.720.990.990.6-0.930.790.690.8
0.680.910.33-0.30.45-0.380.850.870.52-0.140.960.80.880.690.840.830.840.150.680.710.91-0.830.880.910.8
0.750.910.0-0.540.32-0.620.930.960.57-0.440.970.870.930.790.90.930.860.270.790.810.94-0.920.970.930.89
-0.250.330.00.350.610.310.02-0.110.250.510.15-0.110.11-0.3-0.08-0.170.22-0.41-0.3-0.280.10.18-0.040.04-0.1
-0.21-0.3-0.540.35-0.130.47-0.58-0.5-0.620.95-0.42-0.45-0.52-0.36-0.47-0.46-0.51-0.04-0.35-0.37-0.540.45-0.5-0.53-0.45
-0.310.450.320.61-0.13-0.20.090.080.36-0.090.360.090.54-0.290.160.010.72-0.66-0.29-0.250.510.010.280.370.15
-0.32-0.38-0.620.310.47-0.2-0.51-0.49-0.520.61-0.45-0.46-0.54-0.37-0.48-0.47-0.5-0.12-0.37-0.38-0.520.46-0.53-0.48-0.49
0.80.850.930.02-0.580.09-0.510.940.66-0.440.90.850.790.850.860.920.680.410.850.870.82-0.920.880.860.84
0.890.870.96-0.11-0.50.08-0.490.940.43-0.370.950.920.860.930.930.990.730.460.920.940.88-0.990.960.910.92
0.140.520.570.25-0.620.36-0.520.660.43-0.590.450.360.450.220.390.340.49-0.110.230.250.5-0.340.390.50.34
-0.1-0.14-0.440.510.95-0.090.61-0.44-0.37-0.59-0.26-0.33-0.4-0.24-0.35-0.33-0.40.01-0.24-0.25-0.410.33-0.37-0.4-0.33
0.760.960.970.15-0.420.36-0.450.90.950.45-0.260.870.940.790.90.930.870.270.790.810.95-0.920.980.930.9
0.810.80.87-0.11-0.450.09-0.460.850.920.36-0.330.870.850.841.00.910.680.610.840.860.87-0.920.890.940.99
0.570.880.930.11-0.520.54-0.540.790.860.45-0.40.940.850.620.890.820.960.140.610.640.99-0.810.950.940.89
0.990.690.79-0.3-0.36-0.29-0.370.850.930.22-0.240.790.840.620.830.950.430.71.01.00.65-0.960.820.730.83
0.80.840.9-0.08-0.470.16-0.480.860.930.39-0.350.91.00.890.830.920.740.540.830.840.91-0.920.910.960.99
0.930.830.93-0.17-0.460.01-0.470.920.990.34-0.330.930.910.820.950.920.680.520.950.960.84-1.00.950.880.92
0.380.840.860.22-0.510.72-0.50.680.730.49-0.40.870.680.960.430.740.68-0.130.420.450.95-0.660.860.860.73
0.720.150.27-0.41-0.04-0.66-0.120.410.46-0.110.010.270.610.140.70.540.52-0.130.70.680.16-0.550.330.30.57
0.990.680.79-0.3-0.35-0.29-0.370.850.920.23-0.240.790.840.611.00.830.950.420.71.00.64-0.960.820.730.83
0.990.710.81-0.28-0.37-0.25-0.380.870.940.25-0.250.810.860.641.00.840.960.450.681.00.67-0.970.840.760.84
0.60.910.940.1-0.540.51-0.520.820.880.5-0.410.950.870.990.650.910.840.950.160.640.67-0.830.940.980.89
-0.93-0.83-0.920.180.450.010.46-0.92-0.99-0.340.33-0.92-0.92-0.81-0.96-0.92-1.0-0.66-0.55-0.96-0.97-0.83-0.94-0.88-0.92
0.790.880.97-0.04-0.50.28-0.530.880.960.39-0.370.980.890.950.820.910.950.860.330.820.840.94-0.940.920.92
0.690.910.930.04-0.530.37-0.480.860.910.5-0.40.930.940.940.730.960.880.860.30.730.760.98-0.880.920.93
0.80.80.89-0.1-0.450.15-0.490.840.920.34-0.330.90.990.890.830.990.920.730.570.830.840.89-0.920.920.93
Click cells to compare fundamentals

LINKBANCORP Account Relationship Matchups

LINKBANCORP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities331.3M2.6M11.0M10.2M1.7B1.8B
Net Tangible Assets43.1M48.2M72.5M101.7M116.9M122.8M
Retained Earnings23.2M26.0M24.8M27.1M4.8M4.6M
Accounts Payable330.9M2.2M6.3M6.7M6.0M5.7M
Other Assets244.1M120.6M637.9M1.0B1.00.95
Other Current Assets1.3M50.2M38.4M40.3M90.0M94.5M
Total Current Assets47.8M177.2M144.0M95.1M90.0M89.3M
Common Stock3.9M57K99K149K369K350.6K
Property Plant Equipment4.0M3.8M10.0M17.0M19.5M20.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether LINKBANCORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LINKBANCORP'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 Linkbancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linkbancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LINKBANCORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running LINKBANCORP's price analysis, check to measure LINKBANCORP'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 LINKBANCORP is operating at the current time. Most of LINKBANCORP's value examination focuses on studying past and present price action to predict the probability of LINKBANCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LINKBANCORP's price. Additionally, you may evaluate how the addition of LINKBANCORP to your portfolios can decrease your overall portfolio volatility.
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Is LINKBANCORP'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 LINKBANCORP. If investors know LINKBANCORP 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 LINKBANCORP 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
(0.54)
Dividend Share
0.3
Earnings Share
(0.42)
Revenue Per Share
2.217
Quarterly Revenue Growth
3.575
The market value of LINKBANCORP is measured differently than its book value, which is the value of LINKBANCORP that is recorded on the company's balance sheet. Investors also form their own opinion of LINKBANCORP's value that differs from its market value or its book value, called intrinsic value, which is LINKBANCORP'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 LINKBANCORP's market value can be influenced by many factors that don't directly affect LINKBANCORP'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 LINKBANCORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if LINKBANCORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LINKBANCORP'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.