Summit Net Receivables vs Common Stock Total Equity Analysis
SSBI Stock | USD 9.00 0.05 0.55% |
Summit State financial indicator trend analysis is much more than just breaking down Summit State Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit State Bank is a good investment. Please check the relationship between Summit State Net Receivables and its Common Stock Total Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. 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.
Net Receivables vs Common Stock Total Equity
Net Receivables vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit State Bank Net Receivables account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Summit State's Net Receivables and Common Stock Total Equity is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Summit State Bank, assuming nothing else is changed. The correlation between historical values of Summit State's Net Receivables and Common Stock Total Equity 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 Summit State Bank are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Receivables i.e., Summit State's Net Receivables and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Summit State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit State 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. 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. As of now, Summit State's Enterprise Value Over EBITDA is increasing as compared to previous years. The Summit State's current Enterprise Value Multiple is estimated to increase to 85.84, while Selling General Administrative is projected to decrease to under 9.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.4M | 6.5M | 24.8M | 26.0M | Depreciation And Amortization | 408K | 391K | 385K | 706.6K |
Summit State fundamental ratios Correlations
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Summit State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Summit State fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 696.0M | 865.9M | 958.1M | 1.1B | 1.1B | 576.0M | |
Short Long Term Debt Total | 51.5M | 59.4M | 54.4M | 46.9M | 6.9M | 6.6M | |
Total Stockholder Equity | 67.3M | 75.6M | 84.3M | 88.5M | 97.7M | 63.2M | |
Net Debt | 13.2M | 28.6M | 13.7M | (30.7M) | (50.9M) | (48.3M) | |
Other Assets | 525.6M | 681.4M | 755.9M | 834.7M | 959.9M | 561.7M | |
Liabilities And Stockholders Equity | 696.0M | 865.9M | 958.1M | 1.1B | 1.1B | 576.0M | |
Non Current Liabilities Total | 51.5M | 59.4M | 54.4M | 12.6M | 102.1M | 107.2M | |
Other Stockholder Equity | 4.9M | 7.5M | 8.6M | (376K) | (338.4K) | (321.5K) | |
Total Liab | 628.6M | 790.2M | 873.8M | 1.0B | 1.0B | 1.1B | |
Total Current Liabilities | 3.3M | 4.6M | 7.8M | 12.6M | 926.2M | 972.5M | |
Property Plant And Equipment Net | 6.3M | 6.0M | 5.7M | 5.5M | 6.2M | 5.1M | |
Retained Earnings | 29.9M | 37.5M | 47.6M | 61.4M | 69.0M | 72.4M | |
Accounts Payable | 3.3M | 4.6M | 7.8M | 12.6M | 11.3M | 10.7M | |
Cash | 38.3M | 30.8M | 40.7M | 77.6M | 57.8M | 60.7M | |
Non Current Assets Total | 72.7M | 78.1M | 79.2M | 93.4M | 1.1B | 1.1B | |
Non Currrent Assets Other | (3.0M) | (4.4M) | (6.1M) | (10.5M) | 1.0B | 1.1B | |
Cash And Short Term Investments | 92.5M | 98.8M | 110.1M | 161.4M | (57.8M) | (54.9M) | |
Net Receivables | 5.1M | 7.6M | 12.9M | 26.0M | 29.9M | 31.4M | |
Other Current Assets | 40.2M | 34.8M | 43.5M | 81.3M | 61.5M | 58.4M | |
Property Plant And Equipment Gross | 6.3M | 6.0M | 13.5M | 13.7M | 13.9M | 8.4M | |
Total Current Assets | 97.7M | 106.4M | 123.0M | 187.3M | 61.5M | 58.4M | |
Accumulated Other Comprehensive Income | 457K | 1.1M | (376K) | (10.0M) | (8.8M) | (8.3M) | |
Short Term Debt | 33.5M | 5.4M | 7.9M | 18.5M | 453K | 430.4K | |
Other Liab | 2.1M | 2.9M | 6.5M | 4.7M | 5.4M | 5.6M | |
Long Term Debt | 51.5M | 59.4M | 54.4M | 46.9M | 5.9M | 5.6M | |
Property Plant Equipment | 7.2M | 7.3M | 6.9M | 5.5M | 4.9M | 5.1M | |
Short Term Investments | 54.2M | 68.0M | 69.4M | 83.8M | 84.5M | 68.7M | |
Other Current Liab | (3.3M) | (4.6M) | (7.8M) | (12.6M) | 925.7M | 972.0M | |
Net Tangible Assets | 63.2M | 71.5M | 77.9M | 84.4M | 97.1M | 69.4M | |
Long Term Investments | 62.2M | 68.0M | 69.4M | 83.8M | 93.0M | 74.5M | |
Current Deferred Revenue | (30.2M) | (799K) | (105K) | (5.9M) | (6.8M) | (7.1M) | |
Net Invested Capital | 118.8M | 135.0M | 138.7M | 135.5M | 103.6M | 129.6M |
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 Summit State 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, Summit State's short interest history, or implied volatility extrapolated from Summit State options trading.
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When determining whether Summit State Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit State'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 Summit State Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit State Bank Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. 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. Note that the Summit State Bank information on this page should be used as a complementary analysis to other Summit State'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Summit State's price analysis, check to measure Summit State'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 Summit State is operating at the current time. Most of Summit State's value examination focuses on studying past and present price action to predict the probability of Summit State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit State's price. Additionally, you may evaluate how the addition of Summit State to your portfolios can decrease your overall portfolio volatility.
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Is Summit State'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 Summit State. If investors know Summit 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 Summit State 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 0.48 | Earnings Share 1.62 | Revenue Per Share 6.703 | Quarterly Revenue Growth (0.16) |
The market value of Summit State Bank is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit State's value that differs from its market value or its book value, called intrinsic value, which is Summit State'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 Summit State's market value can be influenced by many factors that don't directly affect Summit State'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 Summit State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State'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.