Prosperity Non Currrent Assets Other vs Non Current Assets Total Analysis

PB Stock  USD 73.25  0.85  1.15%   
Prosperity Bancshares financial indicator trend analysis is much more than just breaking down Prosperity Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prosperity Bancshares is a good investment. Please check the relationship between Prosperity Bancshares Non Currrent Assets Other and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prosperity Bancshares Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Prosperity Bancshares' Non Currrent Assets Other and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Prosperity Bancshares, assuming nothing else is changed. The correlation between historical values of Prosperity Bancshares' Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Prosperity Bancshares are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Prosperity Bancshares' Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Prosperity Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prosperity Bancshares 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.At present, Prosperity Bancshares' 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 335.94, whereas Tax Provision is forecasted to decline to about 98.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense53.6M89.6M206.4M216.7M
Depreciation And Amortization29.6M28.3M31.0M15.8M

Prosperity Bancshares fundamental ratios Correlations

0.670.060.550.990.940.410.970.560.50.780.490.130.270.960.810.710.990.49-0.32-0.340.950.810.670.830.81
0.670.380.860.710.70.890.760.86-0.140.860.80.07-0.440.760.310.410.650.81-0.29-0.280.710.40.930.370.24
0.060.380.240.060.150.30.140.19-0.210.230.230.62-0.30.090.08-0.1-0.020.320.580.60.050.020.220.01-0.13
0.550.860.240.590.610.90.660.99-0.150.940.99-0.14-0.540.640.130.590.510.64-0.44-0.420.690.190.970.140.13
0.990.710.060.590.920.460.980.60.460.790.520.070.230.970.780.720.990.51-0.38-0.40.940.790.70.80.8
0.940.70.150.610.920.490.890.630.340.820.560.340.10.960.780.60.920.63-0.13-0.160.930.80.710.810.68
0.410.890.30.90.460.490.540.89-0.480.80.86-0.08-0.750.570.030.240.380.83-0.36-0.340.550.110.930.07-0.07
0.970.760.140.660.980.890.540.660.40.840.60.040.130.950.730.720.940.54-0.38-0.40.950.720.770.720.72
0.560.860.190.990.60.630.890.66-0.140.930.98-0.15-0.530.660.150.60.540.64-0.46-0.440.690.220.960.180.16
0.5-0.14-0.21-0.150.460.34-0.480.4-0.140.1-0.14-0.010.890.290.580.640.5-0.42-0.11-0.140.380.5-0.130.530.75
0.780.860.230.940.790.820.80.840.930.10.910.02-0.290.820.420.690.730.67-0.36-0.360.890.450.960.420.38
0.490.80.230.990.520.560.860.60.98-0.140.91-0.16-0.550.570.080.60.450.57-0.42-0.40.640.130.930.080.09
0.130.070.62-0.140.070.34-0.080.04-0.15-0.010.02-0.160.050.160.43-0.290.080.310.880.860.090.38-0.080.40.07
0.27-0.44-0.3-0.540.230.1-0.750.13-0.530.89-0.29-0.550.050.070.50.30.3-0.570.040.010.090.41-0.490.470.64
0.960.760.090.640.970.960.570.950.660.290.820.570.160.070.750.630.960.63-0.32-0.340.930.780.760.790.71
0.810.310.080.130.780.780.030.730.150.580.420.080.430.50.750.460.80.270.030.00.70.970.270.970.88
0.710.41-0.10.590.720.60.240.720.60.640.690.6-0.290.30.630.460.7-0.04-0.55-0.560.70.430.540.410.66
0.990.65-0.020.510.990.920.380.940.540.50.730.450.080.30.960.80.70.46-0.37-0.40.90.820.630.840.84
0.490.810.320.640.510.630.830.540.64-0.420.670.570.31-0.570.630.27-0.040.46-0.03-0.030.60.360.760.350.04
-0.32-0.290.58-0.44-0.38-0.13-0.36-0.38-0.46-0.11-0.36-0.420.880.04-0.320.03-0.55-0.37-0.031.0-0.34-0.05-0.43-0.02-0.28
-0.34-0.280.6-0.42-0.4-0.16-0.34-0.4-0.44-0.14-0.36-0.40.860.01-0.340.0-0.56-0.4-0.031.0-0.36-0.08-0.42-0.06-0.31
0.950.710.050.690.940.930.550.950.690.380.890.640.090.090.930.70.70.90.6-0.34-0.360.70.790.70.65
0.810.40.020.190.790.80.110.720.220.50.450.130.380.410.780.970.430.820.36-0.05-0.080.70.330.990.88
0.670.930.220.970.70.710.930.770.96-0.130.960.93-0.08-0.490.760.270.540.630.76-0.43-0.420.790.330.290.21
0.830.370.010.140.80.810.070.720.180.530.420.080.40.470.790.970.410.840.35-0.02-0.060.70.990.290.88
0.810.24-0.130.130.80.68-0.070.720.160.750.380.090.070.640.710.880.660.840.04-0.28-0.310.650.880.210.88
Click cells to compare fundamentals

Prosperity Bancshares Account Relationship Matchups

Prosperity Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.2B34.1B37.8B37.7B38.6B40.5B
Short Long Term Debt Total2.7B446.6M497.5M1.9B4.1B4.3B
Other Current Liab(1.3B)(3.5M)(1.3M)(1.9B)9.8B10.3B
Total Current Liabilities1.3B3.5M1.3M1.9B13.9B14.5B
Total Stockholder Equity6.0B6.1B6.4B6.7B7.1B7.4B
Property Plant And Equipment Net326.8M323.6M319.8M339.5M406.8M427.1M
Net Debt855.9M(896.4M)(2.1B)1.4B3.6B3.8B
Retained Earnings2.1B2.4B2.7B3.1B3.3B3.4B
Accounts Payable8.6M3.5M1.3M4.5M34.8M36.6M
Cash573.6M1.3B2.5B423.8M458.2M407.1M
Non Current Assets Total12.2B12.2B16.4B18.1B38.1B40.0B
Non Currrent Assets Other(91.9M)(97.4M)(79.2M)(77.7M)34.1B35.8B
Other Assets19.0B19.8B18.3B18.6B21.4B17.8B
Cash And Short Term Investments861.3M2.0B3.1B880.3M(458.2M)(435.2M)
Net Receivables80.8M82.1M66.0M88.4M96.3M101.1M
Common Stock Shares Outstanding73.5M93.1M92.7M91.6M92.9M53.3M
Liabilities And Stockholders Equity32.2B34.1B37.8B37.7B38.6B40.5B
Non Current Liabilities Total1.4B18.4B20.3B1.9B17.7B18.6B
Other Stockholder Equity3.7B3.6B3.6B3.5B3.7B3.9B
Total Liab26.2B3.5M1.3M31.0B31.5B33.1B
Total Current Assets942.0M2.1B3.1B968.8M556.4M528.6M
Other Current Assets661.8M1.4B2.6B514.5M556.4M528.6M
Property Plant And Equipment Gross326.8M323.6M473.0M507.0M553.3M581.0M
Common Stock Total Equity69.8M94.7M92.6M92.2M106.0M53.7M
Accumulated Other Comprehensive Income602K769K1.8M(3.5M)(1.4M)(1.3M)
Short Term Debt1.3B389.6M448.1M1.9B4.0B4.2B
Common Stock94.7M92.6M92.2M91.3M93.7M57.5M
Other Liab140.6M178.5M186.9M127.0M146.0M73.0M
Long Term Debt1.0B1.4B0.01.9B3.7B3.9B
Short Term Investments287.7M651.5M514.9M456.5M438.6M332.3M
Intangible Assets86.4M73.2M61.7M51.3M64.0M44.8M
Property Plant Equipment326.8M323.6M319.8M339.5M390.4M195.2M
Inventory(661.8M)(1.4B)(2.6B)(514.5M)361.8M379.9M
Net Tangible Assets2.7B2.8B3.1B3.4B3.9B2.2B
Retained Earnings Total Equity1.9B2.1B2.4B2.7B3.1B3.3B
Capital Surpluse3.7B3.6B3.6B3.5B4.1B2.6B
Long Term Investments18.8B19.9B12.8B14.5B12.8B12.2B
Non Current Liabilities Other348.7M577.0M564.7M633.7M728.8M432.2M

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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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 Prosperity Bancshares. If investors know Prosperity 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 Prosperity Bancshares 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
0.116
Dividend Share
2.24
Earnings Share
4.64
Revenue Per Share
12.146
Quarterly Revenue Growth
0.088
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' 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 Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' 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 Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' 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.