TriCo Cash vs Common Stock Total Equity Analysis
TCBK Stock | USD 38.08 0.84 2.26% |
TriCo Bancshares financial indicator trend analysis is much more than just breaking down TriCo Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriCo Bancshares is a good investment. Please check the relationship between TriCo Bancshares Cash 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 TriCo Bancshares. 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. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
Cash vs Common Stock Total Equity
Cash vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriCo Bancshares Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TriCo Bancshares' Cash and Common Stock Total Equity is -0.4. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of TriCo Bancshares, assuming nothing else is changed. The correlation between historical values of TriCo Bancshares' Cash 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 Cash of TriCo Bancshares 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 Cash i.e., TriCo Bancshares' Cash and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of TriCo Bancshares, which is listed under current asset account on TriCo Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from TriCo Bancshares customers. The amounts must be unrestricted with restricted cash listed in a different TriCo Bancshares 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.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from TriCo Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriCo Bancshares 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 TriCo Bancshares. 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. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.At this time, TriCo Bancshares' Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.28 this year, although the value of Tax Provision will most likely fall to about 38.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.5M | 9.5M | 26.6M | 27.9M | Depreciation And Amortization | 17.3M | 18.4M | 18.3M | 19.2M |
TriCo Bancshares fundamental ratios Correlations
Click cells to compare fundamentals
TriCo Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TriCo Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.5B | 7.6B | 8.6B | 9.9B | 9.9B | 10.4B | |
Short Long Term Debt Total | 103.2M | 112.5M | 134.4M | 394.6M | 761.9M | 800.0M | |
Other Current Liab | (2.4M) | (28.3M) | (51.0M) | (1.2M) | 4.5B | 4.7B | |
Total Current Liabilities | 2.4M | 28.3M | 51.0M | 29.0M | 5.1B | 5.4B | |
Total Stockholder Equity | 906.6M | 925.1M | 1.0B | 1.0B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 115.0M | 111.6M | 104.4M | 99.2M | 97.5M | 102.4M | |
Net Debt | (173.3M) | (557.0M) | (634.0M) | 287.4M | 663.2M | 696.4M | |
Retained Earnings | 367.8M | 382.0M | 467.0M | 542.9M | 615.5M | 646.3M | |
Accounts Payable | 2.4M | 1.4M | 928K | 1.2M | 8.4M | 8.9M | |
Cash | 276.5M | 669.6M | 768.4M | 107.2M | 98.7M | 93.8M | |
Non Current Assets Total | 1.7B | 2.1B | 2.7B | 393.4M | 9.8B | 10.3B | |
Non Currrent Assets Other | (46.2M) | (62.2M) | (59.8M) | (2.8B) | 9.2B | 9.7B | |
Other Assets | 3.5B | 3.5B | 2.9B | 9.4B | 10.8B | 11.4B | |
Cash And Short Term Investments | 1.2B | 2.1B | 3.0B | 2.6B | (98.7M) | (93.8M) | |
Net Receivables | 18.9M | 20.0M | 25.9M | 39.6M | 45.0M | 47.3M | |
Common Stock Shares Outstanding | 30.6M | 30.0M | 29.9M | 32.7M | 33.4M | 20.1M | |
Liabilities And Stockholders Equity | 6.5B | 7.6B | 8.6B | 9.9B | 9.9B | 10.4B | |
Non Current Liabilities Total | 103.2M | 112.5M | 134.4M | 8.9B | 3.7B | 3.9B | |
Other Stockholder Equity | (5.2M) | 12.3M | 981K | (193.9M) | (223.0M) | (211.8M) | |
Total Liab | 5.6B | 6.7B | 7.6B | 8.9B | 8.8B | 9.2B | |
Property Plant And Equipment Gross | 115.0M | 111.6M | 104.4M | 99.2M | 162.6M | 170.8M | |
Total Current Assets | 1.2B | 2.1B | 3.0B | 130.8M | 135.5M | 128.7M | |
Accumulated Other Comprehensive Income | (5.2M) | 12.3M | 981K | (193.9M) | (153.2M) | (145.5M) | |
Other Current Assets | 295.4M | 689.6M | 787.7M | (2.5B) | 135.5M | 128.7M | |
Common Stock Total Equity | 544.0M | 530.8M | 532.2M | 697.4M | 802.1M | 842.2M | |
Common Stock | 544.0M | 530.8M | 532.2M | 697.4M | 697.3M | 732.2M | |
Other Liab | 92.0M | 94.6M | 112.1M | 159.7M | 183.7M | 192.9M | |
Long Term Debt | 75.7M | 84.5M | 108.2M | 365.6M | 701.1M | 736.2M | |
Short Term Investments | 950.1M | 1.4B | 2.2B | 2.5B | 2.2B | 2.3B | |
Inventory | (295.4M) | (689.6M) | (787.7M) | 3.4M | 61.9M | 65.0M | |
Intangible Assets | 23.6M | 17.8M | 12.4M | 16.7M | 10.6M | 15.1M | |
Property Plant Equipment | 87.1M | 83.7M | 104.4M | 72.3M | 83.2M | 43.9M | |
Short Term Debt | 22.8M | 26.9M | 50.1M | 47.9M | 638.3M | 670.3M | |
Net Tangible Assets | 685.7M | 704.2M | 766.9M | 742.0M | 853.3M | 523.1M | |
Retained Earnings Total Equity | 367.8M | 382.0M | 467.0M | 542.9M | 624.3M | 655.5M | |
Long Term Debt Total | 75.7M | 84.5M | 108.2M | 365.6M | 420.5M | 441.5M | |
Long Term Investments | 4.7B | 1.7B | 2.4B | 2.6B | 2.3B | 2.4B | |
Non Current Liabilities Other | 119.5M | 122.6M | 138.4M | 188.7M | 217.1M | 227.9M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo Bancshares. 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. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.Note that the TriCo Bancshares information on this page should be used as a complementary analysis to other TriCo Bancshares' 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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Is TriCo Bancshares' 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 TriCo Bancshares. If investors know TriCo 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 TriCo Bancshares 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 (0.22) | Dividend Share 1.23 | Earnings Share 3.28 | Revenue Per Share 11.594 | Quarterly Revenue Growth (0.08) |
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' 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 TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' 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 TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' 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.