Macatawa Cash vs Property Plant And Equipment Net Analysis

MCBC Stock  USD 13.74  0.05  0.36%   
Macatawa Bank financial indicator trend analysis is infinitely more than just investigating Macatawa Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macatawa Bank is a good investment. Please check the relationship between Macatawa Bank Cash and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.

Cash vs Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macatawa Bank Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Macatawa Bank's Cash and Property Plant And Equipment Net is 0.52. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Macatawa Bank, assuming nothing else is changed. The correlation between historical values of Macatawa Bank's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Macatawa Bank are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Macatawa Bank's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Macatawa Bank, which is listed under current asset account on Macatawa Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Macatawa Bank customers. The amounts must be unrestricted with restricted cash listed in a different Macatawa Bank account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Macatawa Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macatawa Bank 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 Macatawa Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.At present, Macatawa Bank's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.56, whereas Selling General Administrative is forecasted to decline to about 26.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M4.8M634K602.3K
Depreciation And Amortization2.7M1.6M2.1M2.8M

Macatawa Bank fundamental ratios Correlations

-0.10.750.240.32-0.160.510.140.29-0.570.960.770.780.770.80.770.190.820.74-0.340.760.760.470.70.31-0.3
-0.1-0.22-0.510.750.96-0.870.21-0.490.13-0.1-0.53-0.380.370.27-0.490.050.05-0.460.690.430.19-0.53-0.27-0.130.6
0.75-0.220.30.01-0.190.56-0.30.35-0.340.690.590.670.380.380.780.050.530.67-0.60.360.360.450.580.3-0.17
0.24-0.510.3-0.03-0.640.690.020.980.410.40.490.620.150.080.490.320.320.49-0.180.060.120.450.23-0.1-0.31
0.320.750.01-0.030.6-0.440.52-0.030.010.390.030.120.740.64-0.040.340.470.060.590.80.57-0.070.05-0.210.33
-0.160.96-0.19-0.640.6-0.88-0.01-0.60.09-0.2-0.63-0.490.220.16-0.52-0.12-0.07-0.550.550.30.07-0.63-0.25-0.020.6
0.51-0.870.560.69-0.44-0.88-0.160.71-0.180.520.770.680.040.130.790.040.30.69-0.72-0.020.140.610.490.23-0.66
0.140.21-0.30.020.52-0.01-0.16-0.06-0.210.230.280.180.450.36-0.010.530.30.210.520.470.440.31-0.15-0.390.02
0.29-0.490.350.98-0.03-0.60.71-0.060.410.410.480.60.180.120.560.230.330.46-0.260.090.10.350.270.01-0.32
-0.570.13-0.340.410.010.09-0.18-0.210.41-0.41-0.51-0.2-0.25-0.35-0.330.07-0.41-0.530.26-0.3-0.54-0.38-0.43-0.380.1
0.96-0.10.690.40.39-0.20.520.230.41-0.410.780.840.810.820.710.310.810.74-0.230.780.790.520.650.14-0.35
0.77-0.530.590.490.03-0.630.770.280.48-0.510.780.80.450.510.790.430.710.92-0.440.420.560.850.480.17-0.48
0.78-0.380.670.620.12-0.490.680.180.6-0.20.840.80.610.590.750.530.650.78-0.380.530.450.70.61-0.15-0.45
0.770.370.380.150.740.220.040.450.18-0.250.810.450.610.950.440.40.740.380.120.990.680.180.45-0.04-0.12
0.80.270.380.080.640.160.130.360.12-0.350.820.510.590.950.470.310.660.36-0.040.960.630.170.470.02-0.35
0.77-0.490.780.49-0.04-0.520.79-0.010.56-0.330.710.790.750.440.470.090.520.71-0.70.410.320.510.560.26-0.46
0.190.050.050.320.34-0.120.040.530.230.070.310.430.530.40.310.090.460.390.220.350.220.61-0.18-0.46-0.02
0.820.050.530.320.47-0.070.30.30.33-0.410.810.710.650.740.660.520.460.740.020.70.820.530.450.340.07
0.74-0.460.670.490.06-0.550.690.210.46-0.530.740.920.780.380.360.710.390.74-0.340.350.630.860.550.18-0.2
-0.340.69-0.6-0.180.590.55-0.720.52-0.260.26-0.23-0.44-0.380.12-0.04-0.70.220.02-0.340.140.25-0.27-0.38-0.290.6
0.760.430.360.060.80.3-0.020.470.09-0.30.780.420.530.990.960.410.350.70.350.140.690.140.42-0.03-0.1
0.760.190.360.120.570.070.140.440.1-0.540.790.560.450.680.630.320.220.820.630.250.690.380.430.260.1
0.47-0.530.450.45-0.07-0.630.610.310.35-0.380.520.850.70.180.170.510.610.530.86-0.270.140.380.28-0.15-0.28
0.7-0.270.580.230.05-0.250.49-0.150.27-0.430.650.480.610.450.470.56-0.180.450.55-0.380.420.430.280.16-0.28
0.31-0.130.3-0.1-0.21-0.020.23-0.390.01-0.380.140.17-0.15-0.040.020.26-0.460.340.18-0.29-0.030.26-0.150.160.12
-0.30.6-0.17-0.310.330.6-0.660.02-0.320.1-0.35-0.48-0.45-0.12-0.35-0.46-0.020.07-0.20.6-0.10.1-0.28-0.280.12
Click cells to compare fundamentals

Macatawa Bank Account Relationship Matchups

Macatawa Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.6B2.9B2.9B2.6B1.9B
Short Long Term Debt Total80.6M90.6M85M30M30.8M29.3M
Total Current Liabilities962.4M1.5B1.6B1.6B1.3B1.1B
Total Stockholder Equity217.5M239.8M254.0M247.0M2.7B2.8B
Property Plant And Equipment Net43.4M43.3M41.8M40.3M38.6M47.8M
Net Debt48.7M59.1M61.3M(21.2M)(36.0M)(34.2M)
Retained Earnings(2.2M)17.1M35.2M59.0M89.8M94.2M
Cash31.9M31.5M23.7M51.2M36.0M39.6M
Non Current Assets Total351.4M359.6M594.8M50.0M2.3B2.4B
Non Currrent Assets Other(351.4M)(359.6M)(594.8M)(848.0M)66.5M69.8M
Other Assets1.5B2.0B1.9B2.1B2.1B1.6B
Cash And Short Term Investments257.2M268.3M439.7M755.2M483.3M507.5M
Net Receivables4.9M5.6M4.1M7.6M9.0M5.7M
Common Stock Total Equity218.1M218.5M219.1M219.6M252.5M175.5M
Common Stock Shares Outstanding34.1M34.1M34.2M34.3M34.3M26.6M
Liabilities And Stockholders Equity2.1B2.6B2.9B2.9B4.4B4.7B
Other Stockholder Equity2.0B2.4B2.8B2.9B2.7B2.8B
Total Liab80.6M90.6M85M2.7B2.5B1.4B
Property Plant And Equipment Gross43.4M43.3M82.5M79.1M78.8M52.9M
Total Current Assets262.1M273.9M443.8M762.8M483.3M514.0M
Accumulated Other Comprehensive Income1.5M4.2M(297K)(31.6M)(22.9M)(21.8M)
Common Stock218.1M218.5M219.1M219.6M220.3M178.8M
Other Current Liab962.4M1.5B1.6B1.6B1.3B1.2B
Non Current Liabilities Total80.6M90.6M85M2.7B1.2B1.2B
Other Liab6.3M18.7M13.0M11.8M13.6M7.4M
Accounts Payable17.4M13.0M2.6B14.7M13.3M12.6M
Property Plant Equipment43.4M43.3M41.8M40.3M46.4M51.4M
Short Term Investments225.2M236.8M416.1M499.3M447.2M225.0M
Inventory(280.1M)(791.9M)(1.2B)(765.1M)(492.3M)(467.7M)
Other Current Assets280.1M791.9M1.2B765.1M459.3M720.7M
Net Tangible Assets217.5M239.8M254.0M247.0M284.1M189.8M
Retained Earnings Total Equity(2.2M)17.1M35.2M59.0M67.9M71.3M
Long Term Investments1.5B1.5B553.1M848.0M840.3M915.2M
Net Invested Capital298.1M330.5M85M30M317.1M189.6M

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Additional Information and Resources on Investing in Macatawa Stock

When determining whether Macatawa Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macatawa Bank'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 Macatawa Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macatawa Bank Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Regional Banks space 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 Macatawa Bank. If investors know Macatawa 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 Macatawa Bank 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
(0.19)
Dividend Share
0.34
Earnings Share
0.27
Revenue Per Share
3.018
Quarterly Revenue Growth
(0.07)
The market value of Macatawa Bank is measured differently than its book value, which is the value of Macatawa that is recorded on the company's balance sheet. Investors also form their own opinion of Macatawa Bank's value that differs from its market value or its book value, called intrinsic value, which is Macatawa Bank'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 Macatawa Bank's market value can be influenced by many factors that don't directly affect Macatawa Bank'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 Macatawa Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macatawa Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macatawa Bank'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.