Mid Operating Income vs Total Assets Analysis

MPB Stock  USD 19.80  0.28  1.43%   
Mid Penn financial indicator trend analysis is infinitely more than just investigating Mid Penn Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mid Penn Bancorp is a good investment. Please check the relationship between Mid Penn Operating Income and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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 american community survey.

Operating Income vs Total Assets

Operating Income vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mid Penn Bancorp Operating Income account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mid Penn's Operating Income and Total Assets is 0.8. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Assets in the same time period over historical financial statements of Mid Penn Bancorp, assuming nothing else is changed. The correlation between historical values of Mid Penn's Operating Income and Total 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 Operating Income of Mid Penn Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Operating Income i.e., Mid Penn's Operating Income and Total Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Mid Penn Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mid Penn Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Assets

Total assets refers to the total amount of Mid Penn 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 Mid Penn 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.
Most indicators from Mid Penn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mid Penn 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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 american community survey.
At present, Mid Penn's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.79, whereas Selling General Administrative is forecasted to decline to about 2.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense14.8M17.8M89.4M93.8M
Depreciation And Amortization6.4M2.0M1.8M1.1M

Mid Penn fundamental ratios Correlations

0.970.920.730.980.940.810.990.80.740.950.980.250.970.970.940.870.970.530.8-0.180.970.290.890.690.58
0.970.920.690.990.960.740.980.760.710.990.990.250.991.00.980.860.990.670.77-0.140.950.320.950.820.48
0.920.920.90.90.840.920.940.930.90.890.930.510.890.920.930.970.90.470.94-0.390.970.110.850.720.6
0.730.690.90.670.580.910.750.991.00.640.710.590.640.70.760.930.660.220.99-0.640.84-0.140.650.460.62
0.980.990.90.670.960.720.970.740.680.981.00.21.00.990.970.831.00.680.75-0.090.940.360.950.780.5
0.940.960.840.580.960.670.920.670.60.970.950.150.960.960.960.780.960.610.67-0.130.90.260.850.770.35
0.810.740.920.910.720.670.820.930.910.690.740.570.690.740.750.940.710.090.93-0.570.9-0.110.60.470.63
0.990.980.940.750.970.920.820.810.760.960.970.320.960.970.940.90.960.540.82-0.190.980.280.910.730.59
0.80.760.930.990.740.670.930.810.990.710.780.510.720.770.820.960.730.281.0-0.630.89-0.120.70.520.58
0.740.710.91.00.680.60.910.760.990.650.720.570.660.710.770.930.670.240.99-0.650.85-0.150.660.480.6
0.950.990.890.640.980.970.690.960.710.650.980.220.980.990.970.830.980.70.72-0.120.920.30.930.850.4
0.980.990.930.711.00.950.740.970.780.720.980.260.990.990.970.851.00.660.79-0.120.950.360.950.770.53
0.250.250.510.590.20.150.570.320.510.570.220.260.170.260.30.480.22-0.030.54-0.330.36-0.130.260.20.48
0.970.990.890.641.00.960.690.960.720.660.980.990.170.990.960.81.00.70.73-0.070.920.380.950.780.48
0.971.00.920.70.990.960.740.970.770.710.990.990.260.990.980.860.990.670.77-0.140.950.310.950.820.48
0.940.980.930.760.970.960.750.940.820.770.970.970.30.960.980.880.970.660.82-0.260.940.20.920.810.43
0.870.860.970.930.830.780.940.90.960.930.830.850.480.80.860.880.820.350.95-0.530.96-0.030.770.670.56
0.970.990.90.661.00.960.710.960.730.670.981.00.221.00.990.970.820.680.74-0.060.930.40.950.770.51
0.530.670.470.220.680.610.090.540.280.240.70.66-0.030.70.670.660.350.680.30.240.440.460.80.770.08
0.80.770.940.990.750.670.930.821.00.990.720.790.540.730.770.820.950.740.3-0.580.89-0.070.720.530.63
-0.18-0.14-0.39-0.64-0.09-0.13-0.57-0.19-0.63-0.65-0.12-0.12-0.33-0.07-0.14-0.26-0.53-0.060.24-0.58-0.340.76-0.01-0.130.09
0.970.950.970.840.940.90.90.980.890.850.920.950.360.920.950.940.960.930.440.89-0.340.150.850.70.59
0.290.320.11-0.140.360.26-0.110.28-0.12-0.150.30.36-0.130.380.310.2-0.030.40.46-0.070.760.150.470.160.42
0.890.950.850.650.950.850.60.910.70.660.930.950.260.950.950.920.770.950.80.72-0.010.850.470.810.51
0.690.820.720.460.780.770.470.730.520.480.850.770.20.780.820.810.670.770.770.53-0.130.70.160.810.09
0.580.480.60.620.50.350.630.590.580.60.40.530.480.480.480.430.560.510.080.630.090.590.420.510.09
Click cells to compare fundamentals

Mid Penn Account Relationship Matchups

Mid Penn fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.5M8.4M10.8M15.9M16.4M17.2M
Total Assets2.2B3.0B4.7B4.5B5.3B5.6B
Short Long Term Debt Total72.5M130.9M166.9M173.7M356.2M374.0M
Total Current Liabilities2.2M2.0M1.8M105.0M3.8B4.0B
Total Stockholder Equity237.9M255.7M490.1M512.1M542.4M569.5M
Property Plant And Equipment Net39.8M38.3M45.4M46.2M48.6M51.0M
Net Debt42.1M98.1M(20.2M)115.9M276.1M289.9M
Retained Earnings50.9M70.2M91.0M133.1M146.0M153.3M
Accounts Payable2.2M2.0M1.8M2.3M14.3M15.0M
Non Currrent Assets Other(2.8M)(3.6M)(10.8M)(13.7M)4.9B5.1B
Other Assets1.9B2.7B3.9B3.4B3.9B4.1B
Common Stock Total Equity8.5M8.5M16.1M16.1M18.5M19.4M
Liabilities And Stockholders Equity2.2B3.0B4.7B4.5B5.3B5.6B
Non Current Liabilities Total72.5M130.9M166.9M105.0M969.3M1.0B
Other Stockholder Equity178.2M177.1M382.8M382.1M396.0M415.8M
Total Liab2.0B2.7B4.2B4.0B4.7B5.0B
Property Plant And Equipment Gross39.8M38.3M62.8M46.2M74.7M78.5M
Accumulated Other Comprehensive Income343K(57K)158K(19.2M)(16.6M)(15.8M)
Short Term Debt29.9M125.6M72.6M102.6M279.2M293.2M
Common Stock8.5M8.5M16.1M16.1M17.0M17.8M
Cash30.4M32.8M187.1M57.8M80.1M54.5M
Non Current Assets Total281.9M240.1M561.3M805.5M5.2B5.4B
Cash And Short Term Investments67.4M39.1M250.5M296.1M(45.4M)(43.2M)
Net Receivables8.0M13.0M11.3M18.4M25.8M27.1M
Total Current Assets75.4M52.1M261.8M314.5M122.9M114.6M
Other Liab6.2M10.2M42.4M31.5M36.2M38.0M
Long Term Debt27.1M119.7M152.2M61.4M102.2M107.3M
Short Term Investments37.0M6.3M63.4M238.3M224.0M235.2M
Inventory(147.2M)(316.8M)(929.0M)(80.6M)19.6M20.6M
Property Plant Equipment25.1M38.3M33.2M34.5M39.6M41.6M
Other Current Liab(2.2M)(2.0M)(1.8M)(13.7M)3.5B3.7B
Other Current Assets147.2M316.8M929.0M80.6M122.9M116.7M
Intangible Assets5.8M4.4M9.4M7.3M6.5M6.8M
Net Tangible Assets169.3M188.5M366.8M390.6M449.2M471.7M
Retained Earnings Total Equity50.9M70.2M91.0M133.1M153.1M160.7M
Capital Surpluse178.2M178.9M384.7M387.0M445.0M467.3M
Long Term Investments1.9B134.6M3.5B637.8M623.1M1.1B
Non Current Liabilities Other18.7M21.4M114.3M98.2M112.9M118.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mid Penn in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mid Penn's short interest history, or implied volatility extrapolated from Mid Penn options trading.

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When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn'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 Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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 american community survey.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Mid Penn's price analysis, check to measure Mid Penn'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 Mid Penn is operating at the current time. Most of Mid Penn's value examination focuses on studying past and present price action to predict the probability of Mid Penn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mid Penn's price. Additionally, you may evaluate how the addition of Mid Penn to your portfolios can decrease your overall portfolio volatility.
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Is Mid Penn'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 Mid Penn. If investors know Mid 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 Mid Penn 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
(0.26)
Dividend Share
0.8
Earnings Share
2.29
Revenue Per Share
10.011
Quarterly Revenue Growth
(0.07)
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.