TriCo Total Stockholder Equity vs Property Plant And Equipment Gross Analysis
TCBK Stock | USD 36.29 0.69 1.87% |
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 Total Stockholder Equity and its Property Plant And Equipment Gross 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 closely tied 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.
Total Stockholder Equity vs Property Plant And Equipment Gross
Total Stockholder Equity 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 TriCo Bancshares Total Stockholder Equity account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TriCo Bancshares' Total Stockholder Equity and Property Plant And Equipment Gross is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Gross 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' Total Stockholder Equity 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 Stockholder Equity of TriCo Bancshares 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 Stockholder Equity i.e., TriCo Bancshares' Total Stockholder Equity and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Gross
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 closely tied 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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Additional Information and Resources on Investing in TriCo Stock
When determining whether TriCo Bancshares is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TriCo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trico Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Trico Bancshares Stock: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 closely tied 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.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 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.