ESSA Intangible Assets vs Non Currrent Assets Other Analysis

ESSA Stock  USD 20.18  0.29  1.46%   
ESSA Bancorp financial indicator trend analysis is much more than just examining ESSA Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESSA Bancorp is a good investment. Please check the relationship between ESSA Bancorp Intangible Assets and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESSA Bancorp Intangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ESSA Bancorp's Intangible Assets and Non Currrent Assets Other is -0.43. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of ESSA Bancorp, assuming nothing else is changed. The correlation between historical values of ESSA Bancorp's Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of ESSA Bancorp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., ESSA Bancorp's Intangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from ESSA Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESSA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.62, whereas Selling General Administrative is forecasted to decline to about 22 M.
 2021 2022 2023 2024 (projected)
Total Revenue68.2M69.3M111.6M117.1M
Interest Expense3.0M23.9M11.9M12.3M

ESSA Bancorp fundamental ratios Correlations

0.950.380.350.430.240.160.420.66-0.90.40.460.540.050.20.330.910.810.92-0.520.940.620.36-0.910.58-0.19
0.950.470.330.380.310.230.410.58-0.960.50.540.610.020.070.330.870.770.91-0.550.880.630.35-0.910.51-0.1
0.380.470.43-0.18-0.09-0.210.780.39-0.620.890.44-0.120.740.15-0.10.17-0.170.330.280.080.78-0.27-0.35-0.10.7
0.350.330.43-0.530.320.210.660.32-0.380.450.090.110.420.89-0.520.240.10.030.290.290.730.32-0.240.560.28
0.430.38-0.18-0.530.30.33-0.320.42-0.36-0.250.220.49-0.5-0.530.640.470.560.6-0.730.5-0.150.34-0.590.18-0.56
0.240.31-0.090.320.30.990.00.48-0.35-0.090.230.69-0.390.120.00.30.390.18-0.430.40.270.8-0.440.58-0.36
0.160.23-0.210.210.330.99-0.120.4-0.25-0.210.190.68-0.490.040.010.240.370.12-0.460.360.130.79-0.370.54-0.43
0.420.410.780.66-0.320.0-0.120.41-0.50.790.43-0.130.860.48-0.190.28-0.060.30.360.220.88-0.15-0.230.080.63
0.660.580.390.320.420.480.40.41-0.660.190.420.440.110.170.230.590.470.61-0.340.60.620.41-0.710.47-0.23
-0.9-0.96-0.62-0.38-0.36-0.35-0.25-0.5-0.66-0.56-0.57-0.59-0.13-0.08-0.3-0.81-0.64-0.860.46-0.78-0.7-0.310.92-0.470.01
0.40.50.890.45-0.25-0.09-0.210.790.19-0.560.46-0.180.730.16-0.170.17-0.140.350.280.150.79-0.27-0.28-0.130.77
0.460.540.440.090.220.230.190.430.42-0.570.460.120.2-0.190.160.510.260.65-0.120.440.44-0.23-0.43-0.090.14
0.540.61-0.120.110.490.690.68-0.130.44-0.59-0.180.12-0.53-0.070.50.660.770.49-0.770.640.130.8-0.70.68-0.58
0.050.020.740.42-0.5-0.39-0.490.860.11-0.130.730.2-0.530.35-0.24-0.12-0.48-0.030.67-0.220.63-0.510.15-0.310.82
0.20.070.150.89-0.530.120.040.480.17-0.080.16-0.19-0.070.35-0.560.110.05-0.150.390.180.490.28-0.030.540.14
0.330.33-0.1-0.520.640.00.01-0.190.23-0.3-0.170.160.5-0.24-0.560.490.440.51-0.480.32-0.090.12-0.36-0.09-0.35
0.910.870.170.240.470.30.240.280.59-0.810.170.510.66-0.120.110.490.880.88-0.550.920.440.38-0.820.53-0.35
0.810.77-0.170.10.560.390.37-0.060.47-0.64-0.140.260.77-0.480.050.440.880.77-0.790.930.160.59-0.780.69-0.65
0.920.910.330.030.60.180.120.30.61-0.860.350.650.49-0.03-0.150.510.880.77-0.590.880.460.17-0.860.33-0.22
-0.52-0.550.280.29-0.73-0.43-0.460.36-0.340.460.28-0.12-0.770.670.39-0.48-0.55-0.79-0.59-0.640.17-0.550.69-0.540.72
0.940.880.080.290.50.40.360.220.6-0.780.150.440.64-0.220.180.320.920.930.88-0.640.440.51-0.850.67-0.42
0.620.630.780.73-0.150.270.130.880.62-0.70.790.440.130.630.49-0.090.440.160.460.170.440.16-0.490.270.47
0.360.35-0.270.320.340.80.79-0.150.41-0.31-0.27-0.230.8-0.510.280.120.380.590.17-0.550.510.16-0.50.81-0.55
-0.91-0.91-0.35-0.24-0.59-0.44-0.37-0.23-0.710.92-0.28-0.43-0.70.15-0.03-0.36-0.82-0.78-0.860.69-0.85-0.49-0.5-0.650.33
0.580.51-0.10.560.180.580.540.080.47-0.47-0.13-0.090.68-0.310.54-0.090.530.690.33-0.540.670.270.81-0.65-0.53
-0.19-0.10.70.28-0.56-0.36-0.430.63-0.230.010.770.14-0.580.820.14-0.35-0.35-0.65-0.220.72-0.420.47-0.550.33-0.53
Click cells to compare fundamentals

ESSA Bancorp Account Relationship Matchups

ESSA Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B1.9B2.3B2.2B1.5B
Total Stockholder Equity191.4M201.8M212.3M219.7M230.4M173.8M
Property Plant And Equipment Net14.2M13.6M13.1M12.9M11.3M14.1M
Net Debt(30.0M)(152.6M)202.9M289.3M290M219.3M
Cash155.9M158.9M27.9M85.4M98.2M103.1M
Non Current Assets Total241.3M290.0M293.1M413.1M2.1B2.2B
Non Currrent Assets Other(6.0M)(4.6M)(5.4M)(6.9M)2.1B2.2B
Other Assets1.3B1.2B1.3B1.5B1.7B1.2B
Cash And Short Term Investments368.4M399.5M236.6M419.5M482.4M506.5M
Common Stock Shares Outstanding10.3M9.9M9.8M9.7M9.5M10.1M
Liabilities And Stockholders Equity1.9B1.9B1.9B2.3B2.2B1.5B
Other Stockholder Equity82.7M76.6M75.9M77.2M78.9M73.3M
Total Liab1.7B1.7B1.6B374.7M2.0B1.2B
Property Plant And Equipment Gross14.2M36.0M36.1M36.8M42.3M44.4M
Total Current Assets368.4M399.5M236.6M419.5M51.8M49.2M
Short Long Term Debt Total125.9M6.4M230.8M374.7M290M220.0M
Total Current Liabilities111.7M1.4B230.8M374.7M280M188.0M
Other Liab17.8M18.4M23.5M23.2M26.7M15.6M
Retained Earnings112.6M124.3M139.1M151.9M163.5M98.1M
Accounts Payable1.3B1.5B1.6B1.4B1.6B1.0B
Net Receivables1.4B1.3B1.4B1.7B1.9B1.1B
Short Term Investments212.5M240.6M208.6M334.1M384.2M289.6M
Non Current Liabilities Total14.2M267.8M230.8M1.7B1.7B1.8B
Inventory(1.6B)(1.5B)(1.5B)(1.8B)(1.6B)(1.7B)
Accumulated Other Comprehensive Income(4.1M)682K(2.9M)(9.5M)(12.1M)(11.5M)
Short Term Debt111.7M813K230.8M374.7M280M294M
Intangible Assets791K520K281K91K104.7K99.4K
Property Plant Equipment14.6M14.5M13.6M13.2M15.1M16.1M
Treasury Stock(85.2M)(91.5M)(98.1M)(99.8M)(89.8M)(94.3M)
Other Current Liab(111.7M)1.4B(5.4M)(374.7M)(337.2M)(320.3M)
Net Tangible Assets174.6M176.8M187.5M198.3M228.0M185.2M
Retained Earnings Total Equity102.5M112.6M124.3M139.1M160.0M102.4M
Capital Surpluse181.2M181.5M181.7M182.2M209.5M198.5M
Other Current Assets156.2M159.4M28.0M88.7M51.8M49.2M
Long Term Investments1.6B262.1M265.9M386.3M347.7M330.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA 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 Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 ESSA Bancorp. If investors know ESSA 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 ESSA 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
(0.06)
Dividend Share
0.6
Earnings Share
1.81
Revenue Per Share
7.127
Quarterly Revenue Growth
(0.04)
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA 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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA 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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA 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.