Northeast Cash vs Common Stock Shares Outstanding Analysis

NECB Stock  USD 24.74  0.49  2.02%   
Northeast Community financial indicator trend analysis is infinitely more than just investigating Northeast Community recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northeast Community is a good investment. Please check the relationship between Northeast Community Cash and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Community 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 main economic indicators.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northeast Community Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northeast Community's Cash and Common Stock Shares Outstanding is 0.5. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Northeast Community Bancorp, assuming nothing else is changed. The correlation between historical values of Northeast Community's Cash and Common Stock Shares Outstanding 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 Northeast Community Bancorp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Northeast Community's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Northeast Community, which is listed under current asset account on Northeast Community Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Northeast Community customers. The amounts must be unrestricted with restricted cash listed in a different Northeast Community 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 Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Northeast Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northeast Community 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Community 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 main economic indicators.
At present, Northeast Community's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 212.53, whereas Tax Provision is forecasted to decline to about 9.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit45.7M65.5M136.2M143.0M
Total Revenue45.7M65.5M135.9M142.7M

Northeast Community fundamental ratios Correlations

0.96-0.080.440.72-0.021.0-0.130.540.690.750.30.930.82-0.540.960.99-0.180.96-0.780.860.98-0.730.680.71-0.92
0.96-0.220.540.56-0.190.950.00.450.820.640.340.880.68-0.430.970.95-0.170.9-0.710.730.98-0.660.810.59-0.88
-0.08-0.22-0.860.330.27-0.03-0.82-0.14-0.450.27-0.66-0.040.080.11-0.24-0.11-0.210.07-0.310.13-0.2-0.21-0.480.33-0.14
0.440.54-0.860.050.010.390.780.50.650.010.850.340.3-0.370.550.430.380.260.010.310.51-0.010.650.09-0.18
0.720.560.330.050.370.71-0.490.390.140.830.20.750.89-0.340.570.71-0.210.8-0.760.820.61-0.80.110.77-0.66
-0.02-0.190.270.010.37-0.020.120.62-0.280.170.16-0.030.26-0.26-0.11-0.130.5-0.04-0.010.42-0.130.17-0.320.220.05
1.00.95-0.030.390.71-0.02-0.160.530.680.780.220.930.78-0.540.960.98-0.220.97-0.790.860.97-0.720.670.71-0.94
-0.130.0-0.820.78-0.490.12-0.160.370.32-0.470.61-0.23-0.25-0.160.03-0.170.62-0.330.51-0.15-0.040.580.34-0.360.31
0.540.45-0.140.50.390.620.530.370.340.250.410.40.54-0.650.550.450.490.42-0.270.780.51-0.070.350.43-0.42
0.690.82-0.450.650.14-0.280.680.320.340.310.360.520.28-0.420.760.65-0.070.58-0.370.390.73-0.190.920.27-0.6
0.750.640.270.010.830.170.78-0.470.250.31-0.120.80.62-0.250.610.73-0.530.86-0.70.680.65-0.740.290.64-0.77
0.30.34-0.660.850.20.160.220.610.410.36-0.120.240.46-0.280.370.30.560.13-0.040.310.35-0.060.320.19-0.03
0.930.88-0.040.340.75-0.030.93-0.230.40.520.80.240.82-0.310.890.95-0.240.92-0.790.810.91-0.770.490.58-0.88
0.820.680.080.30.890.260.78-0.250.540.280.620.460.82-0.510.730.820.040.79-0.760.890.76-0.750.260.71-0.69
-0.54-0.430.11-0.37-0.34-0.26-0.54-0.16-0.65-0.42-0.25-0.28-0.31-0.51-0.53-0.5-0.16-0.470.37-0.59-0.510.14-0.42-0.450.45
0.960.97-0.240.550.57-0.110.960.030.550.760.610.370.890.73-0.530.96-0.090.88-0.750.81.0-0.620.750.62-0.89
0.990.95-0.110.430.71-0.130.98-0.170.450.650.730.30.950.82-0.50.96-0.250.96-0.780.820.98-0.780.650.67-0.89
-0.18-0.17-0.210.38-0.210.5-0.220.620.49-0.07-0.530.56-0.240.04-0.16-0.09-0.25-0.40.230.1-0.140.49-0.12-0.060.25
0.960.90.070.260.8-0.040.97-0.330.420.580.860.130.920.79-0.470.880.96-0.4-0.80.830.91-0.820.580.74-0.91
-0.78-0.71-0.310.01-0.76-0.01-0.790.51-0.27-0.37-0.7-0.04-0.79-0.760.37-0.75-0.780.23-0.8-0.75-0.780.75-0.33-0.680.88
0.860.730.130.310.820.420.86-0.150.780.390.680.310.810.89-0.590.80.820.10.83-0.750.81-0.60.360.77-0.79
0.980.98-0.20.510.61-0.130.97-0.040.510.730.650.350.910.76-0.511.00.98-0.140.91-0.780.81-0.680.730.64-0.9
-0.73-0.66-0.21-0.01-0.80.17-0.720.58-0.07-0.19-0.74-0.06-0.77-0.750.14-0.62-0.780.49-0.820.75-0.6-0.68-0.31-0.650.68
0.680.81-0.480.650.11-0.320.670.340.350.920.290.320.490.26-0.420.750.65-0.120.58-0.330.360.73-0.310.24-0.57
0.710.590.330.090.770.220.71-0.360.430.270.640.190.580.71-0.450.620.67-0.060.74-0.680.770.64-0.650.24-0.68
-0.92-0.88-0.14-0.18-0.660.05-0.940.31-0.42-0.6-0.77-0.03-0.88-0.690.45-0.89-0.890.25-0.910.88-0.79-0.90.68-0.57-0.68
Click cells to compare fundamentals

Northeast Community Account Relationship Matchups

Northeast Community fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets955.5M968.2M1.2B1.4B1.8B1.9B
Total Stockholder Equity142.1M153.8M251.4M262.1M279.3M293.3M
Net Debt(105.1M)(37.7M)(121.3M)(71.5M)425K446.3K
Cash127.7M69.3M152.4M95.4M68.8M65.9M
Non Current Assets Total821.6M40.5M65.3M28.9M1.7B1.8B
Non Currrent Assets Other686.2M(2.9M)(2.9M)(48.3M)29.3M27.8M
Other Assets779.9M854.6M1.0B1.4B1.6B1.7B
Cash And Short Term Investments127.7M69.3M152.4M95.4M(13.4M)(12.7M)
Common Stock Shares Outstanding16.1M16.2M15.9M15.7M13.9M15.0M
Liabilities And Stockholders Equity955.5M968.2M1.2B1.4B1.8B1.9B
Other Stockholder Equity49.9M48.6M137.0M129.0M109.9M66.8M
Total Liab813.4M31.6M31.1M1.2B1.5B1.6B
Total Current Assets133.9M73.1M156.7M21.8M82.5M65.6M
Other Current Liab605.0M534.2M449.3M723.3M1.0B1.1B
Total Current Liabilities605.0M534.7M456.9M17.7M1.0B1.1B
Other Liab2.8M2.3M1.9M2.4M2.1M3.9M
Property Plant And Equipment Net20.1M22.1M26.8M28.7M30.4M31.9M
Retained Earnings93.8M105.3M114.3M132.7M175.5M184.3M
Accounts Payable782.8M775.2M940.7M14.8M17.0M16.1M
Short Term Investments150K100K2K1K(82.2M)(78.1M)
Accumulated Other Comprehensive Income(1.7M)(185K)(139K)230K(6.2M)(5.9M)
Property Plant Equipment20.1M22.1M26.8M28.7M33.0M34.7M
Other Current Assets133.9M75.1M158.6M105.5M82.5M78.4M
Short Long Term Debt Total22.6M31.6M31.1M23.9M69.2M44.9M
Non Current Liabilities Total208.4M31.6M31.1M1.1B436.5M373.5M
Net Tangible Assets141.4M153.2M250.7M261.9M301.1M157.3M

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Additional Information and Resources on Investing in Northeast Stock

When determining whether Northeast Community offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Community'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 Northeast Community Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Community Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Community 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 main economic indicators.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Northeast Community. If investors know Northeast 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 Northeast Community 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
0.293
Dividend Share
0.32
Earnings Share
3.59
Revenue Per Share
7.827
Quarterly Revenue Growth
0.113
The market value of Northeast Community is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Community's value that differs from its market value or its book value, called intrinsic value, which is Northeast Community'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 Northeast Community's market value can be influenced by many factors that don't directly affect Northeast Community'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 Northeast Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Community'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.