Northeast Common Stock vs Property Plant Equipment Analysis
NECB Stock | USD 30.30 1.05 3.59% |
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 Common Stock and its Property Plant Equipment 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.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northeast Community Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Northeast Community's Common Stock and Property Plant Equipment is 0.73. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment 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 Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Northeast Community Bancorp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., Northeast Community's Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Property Plant Equipment
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 Profit | 45.7M | 65.5M | 136.2M | 143.0M | Total Revenue | 45.7M | 65.5M | 135.9M | 142.7M |
Northeast Community fundamental ratios Correlations
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Northeast Community Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northeast Community fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 955.5M | 968.2M | 1.2B | 1.4B | 1.8B | 1.9B | |
Total Stockholder Equity | 142.1M | 153.8M | 251.4M | 262.1M | 279.3M | 293.3M | |
Net Debt | (105.1M) | (37.7M) | (121.3M) | (71.5M) | 425K | 446.3K | |
Cash | 127.7M | 69.3M | 152.4M | 95.4M | 68.8M | 65.9M | |
Non Current Assets Total | 821.6M | 40.5M | 65.3M | 28.9M | 1.7B | 1.8B | |
Non Currrent Assets Other | 686.2M | (2.9M) | (2.9M) | (48.3M) | 29.3M | 27.8M | |
Other Assets | 779.9M | 854.6M | 1.0B | 1.4B | 1.6B | 1.7B | |
Cash And Short Term Investments | 127.7M | 69.3M | 152.4M | 95.4M | (13.4M) | (12.7M) | |
Common Stock Shares Outstanding | 16.1M | 16.2M | 15.9M | 15.7M | 13.9M | 15.0M | |
Liabilities And Stockholders Equity | 955.5M | 968.2M | 1.2B | 1.4B | 1.8B | 1.9B | |
Other Stockholder Equity | 49.9M | 48.6M | 137.0M | 129.0M | 109.9M | 66.8M | |
Total Liab | 813.4M | 31.6M | 31.1M | 1.2B | 1.5B | 1.6B | |
Total Current Assets | 133.9M | 73.1M | 156.7M | 21.8M | 82.5M | 65.6M | |
Other Current Liab | 605.0M | 534.2M | 449.3M | 723.3M | 1.0B | 1.1B | |
Total Current Liabilities | 605.0M | 534.7M | 456.9M | 17.7M | 1.0B | 1.1B | |
Other Liab | 2.8M | 2.3M | 1.9M | 2.4M | 2.1M | 3.9M | |
Property Plant And Equipment Net | 20.1M | 22.1M | 26.8M | 28.7M | 30.4M | 31.9M | |
Retained Earnings | 93.8M | 105.3M | 114.3M | 132.7M | 175.5M | 184.3M | |
Accounts Payable | 782.8M | 775.2M | 940.7M | 14.8M | 17.0M | 16.1M | |
Short Term Investments | 150K | 100K | 2K | 1K | (82.2M) | (78.1M) | |
Accumulated Other Comprehensive Income | (1.7M) | (185K) | (139K) | 230K | (6.2M) | (5.9M) | |
Property Plant Equipment | 20.1M | 22.1M | 26.8M | 28.7M | 33.0M | 34.7M | |
Other Current Assets | 133.9M | 75.1M | 158.6M | 105.5M | 82.5M | 78.4M | |
Short Long Term Debt Total | 22.6M | 31.6M | 31.1M | 23.9M | 69.2M | 44.9M | |
Non Current Liabilities Total | 208.4M | 31.6M | 31.1M | 1.1B | 436.5M | 373.5M | |
Net Tangible Assets | 141.4M | 153.2M | 250.7M | 261.9M | 301.1M | 157.3M |
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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 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 CEOs Directory module to screen CEOs from public companies around the world.
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 0.188 | Dividend Share 0.41 | Earnings Share 3.69 | Revenue Per Share 8.109 | Quarterly Revenue Growth 0.093 |
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.