Northeast Total Assets vs Property Plant And Equipment Gross Analysis

NBN Stock  USD 57.09  0.35  0.61%   
Northeast Bancorp financial indicator trend analysis is infinitely more than just investigating Northeast Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northeast Bancorp is a good investment. Please check the relationship between Northeast Bancorp Total Assets and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast 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 bureau of labor statistics.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northeast Bancorp Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Northeast Bancorp's Total Assets and Property Plant And Equipment Gross is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Northeast Bancorp, assuming nothing else is changed. The correlation between historical values of Northeast Bancorp's Total Assets and Property Plant And Equipment Gross 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 Northeast Bancorp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Northeast Bancorp's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Northeast 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 Northeast 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.

Property Plant And Equipment Gross

Most indicators from Northeast Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northeast 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 Northeast 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 bureau of labor statistics.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.At this time, Northeast Bancorp's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Issuance Of Capital Stock is likely to grow to about 9.7 M, though Discontinued Operations is likely to grow to (6.8 K).
 2021 2022 2023 2024 (projected)
EBIT66.7M65.2M75.0M78.7M
Operating Income66.7M65.2M75.0M78.7M

Northeast Bancorp fundamental ratios Correlations

-0.02-0.190.360.160.03-0.09-0.22-0.130.120.340.480.010.14-0.060.66-0.07-0.150.45-0.210.520.790.310.150.13-0.24
-0.020.89-0.420.330.980.930.310.960.440.21-0.240.950.380.33-0.370.850.92-0.110.9-0.29-0.04-0.030.760.860.88
-0.190.89-0.660.00.830.980.650.840.080.26-0.170.950.030.18-0.420.930.94-0.291.0-0.19-0.17-0.250.420.540.98
0.36-0.42-0.660.59-0.43-0.57-0.87-0.520.530.060.17-0.560.61-0.390.56-0.73-0.660.73-0.660.280.380.75-0.02-0.04-0.68
0.160.330.00.590.250.05-0.660.230.88-0.12-0.20.110.86-0.190.02-0.13-0.020.580.03-0.350.090.710.630.640.04
0.030.980.83-0.430.250.90.290.970.40.26-0.220.920.360.48-0.320.830.92-0.160.84-0.260.05-0.110.770.860.81
-0.090.930.98-0.570.050.90.550.880.190.36-0.120.960.160.24-0.320.930.96-0.220.97-0.12-0.03-0.190.510.630.94
-0.220.310.65-0.87-0.660.290.550.3-0.70.26-0.040.55-0.720.11-0.230.680.57-0.540.640.02-0.13-0.65-0.24-0.190.63
-0.130.960.84-0.520.230.970.880.30.390.04-0.270.880.310.54-0.550.830.93-0.290.86-0.37-0.18-0.180.760.850.85
0.120.440.080.530.880.40.19-0.70.39-0.11-0.120.170.970.01-0.1-0.030.140.440.1-0.20.030.620.710.750.1
0.340.210.260.06-0.120.260.360.260.04-0.110.20.360.05-0.130.650.30.240.350.210.410.650.13-0.060.020.12
0.48-0.24-0.170.17-0.2-0.22-0.12-0.04-0.27-0.120.2-0.19-0.13-0.130.28-0.17-0.160.08-0.190.740.230.04-0.29-0.27-0.21
0.010.950.95-0.560.110.920.960.550.880.170.36-0.190.130.31-0.280.950.95-0.120.95-0.20.03-0.110.570.690.91
0.140.380.030.610.860.360.16-0.720.310.970.05-0.130.13-0.040.08-0.070.090.530.04-0.150.180.650.640.690.03
-0.060.330.18-0.39-0.190.480.240.110.540.01-0.13-0.130.31-0.04-0.410.370.47-0.320.2-0.19-0.09-0.30.290.380.17
0.66-0.37-0.420.560.02-0.32-0.32-0.23-0.55-0.10.650.28-0.280.08-0.41-0.37-0.460.56-0.460.50.890.32-0.25-0.3-0.51
-0.070.850.93-0.73-0.130.830.930.680.83-0.030.3-0.170.95-0.070.37-0.370.94-0.230.93-0.18-0.07-0.230.410.530.9
-0.150.920.94-0.66-0.020.920.960.570.930.140.24-0.160.950.090.47-0.460.94-0.320.95-0.19-0.12-0.280.510.650.92
0.45-0.11-0.290.730.58-0.16-0.22-0.54-0.290.440.350.08-0.120.53-0.320.56-0.23-0.32-0.30.180.480.950.040.11-0.35
-0.210.91.0-0.660.030.840.970.640.860.10.21-0.190.950.040.2-0.460.930.95-0.3-0.24-0.2-0.240.450.570.99
0.52-0.29-0.190.28-0.35-0.26-0.120.02-0.37-0.20.410.74-0.2-0.15-0.190.5-0.18-0.190.18-0.240.420.08-0.44-0.38-0.28
0.79-0.04-0.170.380.090.05-0.03-0.13-0.180.030.650.230.030.18-0.090.89-0.07-0.120.48-0.20.420.230.030.02-0.25
0.31-0.03-0.250.750.71-0.11-0.19-0.65-0.180.620.130.04-0.110.65-0.30.32-0.23-0.280.95-0.240.080.230.160.24-0.28
0.150.760.42-0.020.630.770.51-0.240.760.71-0.06-0.290.570.640.29-0.250.410.510.040.45-0.440.030.160.950.46
0.130.860.54-0.040.640.860.63-0.190.850.750.02-0.270.690.690.38-0.30.530.650.110.57-0.380.020.240.950.56
-0.240.880.98-0.680.040.810.940.630.850.10.12-0.210.910.030.17-0.510.90.92-0.350.99-0.28-0.25-0.280.460.56
Click cells to compare fundamentals

Northeast Bancorp Account Relationship Matchups

Northeast Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding9.0M8.4M7.9M7.4M8.5M5.0M
Total Assets1.3B2.2B1.6B2.9B3.3B3.5B
Short Long Term Debt Total46.9M36.1M19.5M584.5M672.2M705.8M
Other Current Liab(12.4M)1.5B(15M)(311M)(357.7M)(339.8M)
Total Current Liabilities12.4M1.5B15M311M357.7M236.5M
Total Stockholder Equity164.7M232.4M248.3M296.7M341.2M358.2M
Property Plant And Equipment Net9.7M11.3M9.6M27.7M31.9M33.5M
Net Debt(96.8M)(974.4M)(152.6M)386.6M348.0M365.4M
Retained Earnings90.0M161.1M203.0M246.9M283.9M298.1M
Cash143.7M1.0B172.1M197.9M227.6M239.0M
Non Current Assets Total83.9M80.3M72.6M89.4M102.9M151.1M
Non Currrent Assets Other(12.2M)(12.7M)(11.4M)(21.6M)(19.4M)(18.4M)
Other Assets965.1M1.0B1.3B2.5B2.9B3.1B
Cash And Short Term Investments208.6M1.1B227.0M251.3M289.0M303.5M
Liabilities And Stockholders Equity1.3B2.2B1.6B2.9B3.3B3.5B
Non Current Liabilities Total46.9M36.1M1.3B273.5M314.6M330.3M
Other Stockholder Equity68.3M64.4M38.7M42.8M49.3M35.5M
Total Liab1.1B36.1M1.3B2.6B3.0B3.1B
Property Plant And Equipment Gross9.7M11.3M27.8M44.3M50.9M53.5M
Total Current Assets208.6M1.1B227.0M251.3M289.0M379.0M
Accumulated Other Comprehensive Income(1.7M)(1.3M)(850K)(718K)(646.2K)(678.5K)
Short Term Debt12.4M16.7M15M311M357.7M375.5M
Common Stock8.2M8.2M7.4M7.7M8.8M4.5M
Other Current Assets146.9M1.0B176.7M199.9M229.9M358.5M
Other Liab26.1M30.5M43.5M27.1M31.1M32.7M
Accounts Payable942.4M1.0B1.9B1.3B1.5B1.6B
Long Term Debt42.4M30.1M15M251.6M226.5M237.8M
Common Stock Total Equity8.9M9.0M8.2M8.2M9.4M6.2M
Short Term Investments64.9M59.7M54.9M53.4M61.4M54.1M
Inventory2.2M2.0M3.3M1.6M1.9M1.8M
Intangible Assets2.1M2.1M1.3M1.5M1.4M1.3M
Property Plant Equipment5.6M9.7M11.3M9.6M11.0M8.0M
Net Tangible Assets153.1M164.7M232.4M248.3M285.6M161.7M
Long Term Investments72.2M67.0M61.7M60.2M54.2M51.4M

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When determining whether Northeast Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Bancorp'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 Northeast Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast 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 bureau of labor statistics.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.
Note that the Northeast Bancorp information on this page should be used as a complementary analysis to other Northeast Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Northeast Bancorp's price analysis, check to measure Northeast 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 Northeast Bancorp is operating at the current time. Most of Northeast Bancorp's value examination focuses on studying past and present price action to predict the probability of Northeast 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 Northeast Bancorp's price. Additionally, you may evaluate how the addition of Northeast Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Northeast 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 Northeast Bancorp. If investors know Northeast 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 Northeast 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
0.083
Dividend Share
0.04
Earnings Share
7.28
Revenue Per Share
19.742
Quarterly Revenue Growth
0.144
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast 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 Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast 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 Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast 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.