Northrim Retained Earnings vs Property Plant And Equipment Gross Analysis

NRIM Stock  USD 76.70  0.22  0.29%   
Northrim BanCorp financial indicator trend analysis is infinitely more than just investigating Northrim BanCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northrim BanCorp is a good investment. Please check the relationship between Northrim BanCorp Retained Earnings and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim 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 gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.

Retained Earnings vs Property Plant And Equipment Gross

Retained Earnings 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 Northrim BanCorp Retained Earnings account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Northrim BanCorp's Retained Earnings and Property Plant And Equipment Gross is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Northrim BanCorp, assuming nothing else is changed. The correlation between historical values of Northrim BanCorp's Retained Earnings 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 Retained Earnings of Northrim BanCorp 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 Retained Earnings i.e., Northrim BanCorp's Retained Earnings and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Gross

Most indicators from Northrim BanCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northrim 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim 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 gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.At this time, Northrim BanCorp's Selling General Administrative is very stable compared to the past year. As of the 23rd of December 2024, Tax Provision is likely to grow to about 6.1 M, while Enterprise Value Over EBITDA is likely to drop 2.28.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization4.5M4.3M4.5M4.7M
Income Tax Expense10.5M7.8M6.2M5.3M

Northrim BanCorp fundamental ratios Correlations

0.360.640.63-0.040.320.070.03-0.050.560.260.270.680.210.350.60.260.490.290.47-0.110.840.830.490.60.25
0.360.690.88-0.510.980.510.720.55-0.370.50.51-0.40.510.89-0.090.69-0.480.990.160.710.18-0.020.450.380.91
0.640.690.83-0.40.690.450.170.00.250.590.120.210.150.530.370.56-0.10.620.370.160.350.180.670.440.51
0.630.880.83-0.310.890.340.50.35-0.080.440.44-0.040.320.830.040.55-0.320.840.280.440.430.270.630.430.73
-0.04-0.51-0.4-0.31-0.43-1.0-0.040.090.07-0.820.180.250.17-0.16-0.23-0.660.37-0.480.07-0.080.310.26-0.17-0.12-0.33
0.320.980.690.89-0.430.430.730.56-0.410.450.52-0.430.520.91-0.160.64-0.550.980.130.740.17-0.040.410.280.91
0.070.510.450.34-1.00.430.01-0.12-0.030.84-0.2-0.21-0.180.150.250.67-0.350.48-0.020.06-0.3-0.260.230.180.32
0.030.720.170.5-0.040.730.010.95-0.75-0.150.84-0.630.740.89-0.510.39-0.440.79-0.040.880.22-0.120.030.120.81
-0.050.550.00.350.090.56-0.120.95-0.76-0.370.87-0.590.650.79-0.590.23-0.380.63-0.10.780.22-0.12-0.090.050.65
0.56-0.370.25-0.080.07-0.41-0.03-0.75-0.760.25-0.540.93-0.33-0.520.87-0.190.76-0.460.4-0.740.380.610.290.29-0.46
0.260.50.590.44-0.820.450.84-0.15-0.370.25-0.360.01-0.060.080.520.68-0.190.430.170.05-0.19-0.050.380.270.38
0.270.510.120.440.180.52-0.20.840.87-0.54-0.36-0.30.680.77-0.40.25-0.170.57-0.030.680.450.14-0.110.180.63
0.68-0.40.21-0.040.25-0.43-0.21-0.63-0.590.930.01-0.3-0.28-0.40.75-0.240.83-0.480.42-0.730.610.760.260.31-0.48
0.210.510.150.320.170.52-0.180.740.65-0.33-0.060.68-0.280.59-0.020.420.050.550.140.810.350.1-0.080.250.78
0.350.890.530.83-0.160.910.150.890.79-0.520.080.77-0.40.59-0.340.48-0.440.910.120.750.390.090.350.290.85
0.6-0.090.370.04-0.23-0.160.25-0.51-0.590.870.52-0.40.75-0.02-0.340.250.71-0.170.43-0.440.380.540.230.37-0.1
0.260.690.560.55-0.660.640.670.390.23-0.190.680.25-0.240.420.480.25-0.220.670.120.510.02-0.130.230.340.74
0.49-0.48-0.1-0.320.37-0.55-0.35-0.44-0.380.76-0.19-0.170.830.05-0.440.71-0.22-0.520.36-0.530.580.670.030.33-0.4
0.290.990.620.84-0.480.980.480.790.63-0.460.430.57-0.480.550.91-0.170.67-0.520.110.770.16-0.070.380.340.93
0.470.160.370.280.070.13-0.02-0.04-0.10.40.17-0.030.420.140.120.430.120.360.11-0.090.480.450.640.790.11
-0.110.710.160.44-0.080.740.060.880.78-0.740.050.68-0.730.810.75-0.440.51-0.530.77-0.09-0.06-0.32-0.050.080.89
0.840.180.350.430.310.17-0.30.220.220.38-0.190.450.610.350.390.380.020.580.160.48-0.060.880.330.460.17
0.83-0.020.180.270.26-0.04-0.26-0.12-0.120.61-0.050.140.760.10.090.54-0.130.67-0.070.45-0.320.880.270.39-0.07
0.490.450.670.63-0.170.410.230.03-0.090.290.38-0.110.26-0.080.350.230.230.030.380.64-0.050.330.270.690.22
0.60.380.440.43-0.120.280.180.120.050.290.270.180.310.250.290.370.340.330.340.790.080.460.390.690.31
0.250.910.510.73-0.330.910.320.810.65-0.460.380.63-0.480.780.85-0.10.74-0.40.930.110.890.17-0.070.220.31
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Northrim BanCorp Account Relationship Matchups

Northrim BanCorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding6.8M6.4M6.2M5.8M5.7M6.5M
Total Assets1.6B2.1B2.7B2.7B2.8B2.9B
Total Stockholder Equity207.1M221.6M237.8M218.6M234.7M119.7M
Property Plant And Equipment Net52.7M50.5M48.2M47.7M49.8M52.3M
Net Debt(62.0M)(78.5M)(610.0M)(225.1M)(85.5M)(89.7M)
Retained Earnings149.6M173.5M204.0M224.2M236.0M247.8M
Cash95.4M116.0M645.8M259.4M118.1M81.4M
Non Current Assets Total364.8M344.5M533.0M829.9M2.7B2.8B
Non Currrent Assets Other(13.4M)(13.5M)(14.4M)(1.1M)1.9B2.0B
Other Assets883.2M1.4B1.1B874.1M(513.4M)(487.8M)
Cash And Short Term Investments371.6M363.6M1.1B936.4M118.1M200.3M
Net Receivables24.4M13.9M7.0M17.7M50.5M53.1M
Liabilities And Stockholders Equity1.6B2.1B2.7B2.7B2.8B2.9B
Other Stockholder Equity50.5M41.8M31.2M17.8M9.6M9.1M
Total Liab33.4M37.5M35.8M2.5B2.6B2.7B
Property Plant And Equipment Gross52.7M50.5M48.2M47.7M85.9M90.2M
Total Current Assets395.9M377.5M1.1B968.1M118.1M112.2M
Other Current Liab1.4B(12.4M)2.4B2.4B1.9B1.3B
Total Current Liabilities14.2M12.4M11.0M9.9M3.1M2.9M
Accounts Payable1.4B1.8B2.4B2.4B2.7B2.9B
Accumulated Other Comprehensive Income431K18K(3.4M)(29.1M)(16.4M)(15.6M)
Short Long Term Debt Total33.4M37.5M35.8M34.3M33.1M30.4M
Non Current Liabilities Total33.4M37.5M35.8M2.4B2.6B2.7B
Common Stock Total Equity6.6M6.3M6.0M5.7M6.6M6.9M
Common Stock6.6M6.3M6.0M5.7M5.5M6.9M
Other Liab28.1M37.7M29.5M21.5M24.7M17.1M
Long Term Debt19.2M25.1M24.8M24.4M24.0M22.8M
Short Term Investments276.1M247.6M426.7M677.0M637.9M669.8M
Intangible Assets11.9M11.2M13.7M18.6M23.5M24.6M
Property Plant Equipment45.5M38.1M48.2M37.8M43.5M31.4M
Inventory(134.7M)(151.9M)(669.5M)(279.4M)(9.4M)(9.9M)
Other Current Assets134.7M151.9M669.5M293.4M171.7M163.1M
Good Will16.2M16.1M16.0M16.0M16.0M12.9M
Net Tangible Assets191.0M205.5M221.8M202.6M233.0M209.5M
Retained Earnings Total Equity149.6M173.5M204.0M224.2M257.9M135.9M
Long Term Debt Total19.2M25.1M24.8M24.4M22.0M19.3M
Capital Surpluse50.5M41.8M31.2M17.8M16.0M15.2M

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When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim 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 gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
Quarterly Earnings Growth
0.061
Dividend Share
2.46
Earnings Share
5.86
Revenue Per Share
25.726
Quarterly Revenue Growth
0.157
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.