Northrim Bancorp Stock Current Ratio
| NRIM Stock | USD 81.68 1.85 2.21% |
Fundamental analysis of Northrim BanCorp allows traders to better anticipate movements in Northrim BanCorp's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Northrim BanCorp Company Current Ratio Analysis
Northrim BanCorp's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Northrim BanCorp has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
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Northrim Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0148 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 387.68 M | ||||
| Shares Outstanding | 5.52 M | ||||
| Shares Owned By Insiders | 2.77 % | ||||
| Shares Owned By Institutions | 75.57 % | ||||
| Number Of Shares Shorted | 75.31 K | ||||
| Price To Earning | 7.99 X | ||||
| Price To Book | 1.55 X | ||||
| Price To Sales | 2.58 X | ||||
| Revenue | 195.96 M | ||||
| Gross Profit | 175.04 M | ||||
| EBITDA | 50.6 M | ||||
| Net Income | 36.97 M | ||||
| Cash And Equivalents | 406.92 M | ||||
| Cash Per Share | 71.63 X | ||||
| Total Debt | 40.84 M | ||||
| Debt To Equity | 0.12 % | ||||
| Book Value Per Share | 52.55 X | ||||
| Cash Flow From Operations | (8.73 M) | ||||
| Short Ratio | 1.03 X | ||||
| Earnings Per Share | 7.99 X | ||||
| Target Price | 106.0 | ||||
| Number Of Employees | 503 | ||||
| Beta | 0.98 | ||||
| Market Capitalization | 451.09 M | ||||
| Total Asset | 3.04 B | ||||
| Retained Earnings | 259.31 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.45 % | ||||
| Net Asset | 3.04 B | ||||
| Last Dividend Paid | 2.54 |
About Northrim BanCorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northrim BanCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northrim BanCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northrim BanCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ProphetCheck out Northrim BanCorp Piotroski F Score and Northrim BanCorp Altman Z Score analysis. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 Northrim BanCorp. If investors know Northrim 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 Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim 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 Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim 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 Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim 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.