Plumas Good Will vs Other Assets Analysis
PLBC Stock | USD 48.30 0.20 0.42% |
Plumas Bancorp financial indicator trend analysis is much more than just breaking down Plumas Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plumas Bancorp is a good investment. Please check the relationship between Plumas Bancorp Good Will and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas 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 bureau of labor statistics. For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.
Good Will vs Other Assets
Good Will vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plumas Bancorp Good Will account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Plumas Bancorp's Good Will and Other Assets is 0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Assets in the same time period over historical financial statements of Plumas Bancorp, assuming nothing else is changed. The correlation between historical values of Plumas Bancorp's Good Will and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Plumas Bancorp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Good Will i.e., Plumas Bancorp's Good Will and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Other Assets
Most indicators from Plumas Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plumas 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas 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 bureau of labor statistics. For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.At present, Plumas Bancorp's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 1.51, whereas Selling General Administrative is forecasted to decline to about 13 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 55.7M | 69.3M | 80.1M | 84.1M | Interest Expense | 1.1M | 1.2M | 4.8M | 2.6M |
Plumas Bancorp fundamental ratios Correlations
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Plumas Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plumas Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 865.2M | 1.1B | 1.6B | 1.6B | 1.6B | 1.7B | |
Total Stockholder Equity | 84.5M | 100.2M | 134.1M | 119.0M | 147.3M | 154.7M | |
Other Assets | 470.6M | 535.1M | 571.1M | 477.6M | 488.2M | 376.9M | |
Common Stock Shares Outstanding | 5.2M | 5.2M | 5.6M | 5.9M | 5.9M | 5.6M | |
Liabilities And Stockholders Equity | 865.2M | 1.1B | 1.6B | 1.6B | 1.6B | 1.7B | |
Other Stockholder Equity | 852.7M | 1.0B | 1.6M | 1.6B | (1.0) | (0.95) | |
Total Liab | 780.7M | 1.0B | 1.5B | 1.5B | 1.5B | 1.5B | |
Other Current Liab | (23.1M) | (27.1M) | (30.7M) | (18.6M) | 1.3M | 1.2M | |
Total Current Liabilities | 23.1M | 27.1M | 30.7M | 15.3M | 1.3M | 1.2M | |
Property Plant And Equipment Net | 14.6M | 14.0M | 16.4M | 18.1M | 21.9M | 14.8M | |
Net Debt | (36.6M) | (174.6M) | (370.3M) | (173.1M) | 4.3M | 4.6M | |
Retained Earnings | 75.1M | 87.8M | 105.7M | 128.4M | 151.7M | 159.3M | |
Accounts Payable | 23.1M | 27.1M | 30.7M | 33.9M | 39.0M | 52.9M | |
Cash | 46.9M | 184.9M | 380.6M | 183.4M | 85.7M | 76.7M | |
Non Current Assets Total | 173.9M | 193.6M | 327.8M | 468.3M | 1.0B | 1.1B | |
Non Currrent Assets Other | (173.9M) | (193.6M) | (7.0M) | (22.1M) | 1.0B | 1.1B | |
Cash And Short Term Investments | 206.3M | 364.5M | 686.5M | 628.1M | 85.7M | 165.6M | |
Net Receivables | 14.4M | 18.3M | 28.7M | 47.0M | 54.1M | 56.8M | |
Common Stock Total Equity | 7.3M | 7.7M | 26.8M | 27.4M | 31.5M | 33.1M | |
Property Plant And Equipment Gross | 14.6M | 14.0M | 31.2M | 33.9M | 35.6M | 37.3M | |
Total Current Assets | 220.6M | 382.8M | 715.2M | 675.2M | 85.7M | 81.4M | |
Accumulated Other Comprehensive Income | 2.0M | 4.7M | 1.6M | (36.8M) | (32.5M) | (30.8M) | |
Common Stock | 7.3M | 7.7M | 26.8M | 27.4M | 28.0M | 26.6M | |
Short Long Term Debt Total | 26.3M | 24.2M | 27.6M | 29.5M | 90M | 94.5M | |
Short Term Investments | 159.3M | 179.6M | 305.9M | 444.7M | (481.6M) | (457.5M) | |
Other Current Assets | 51.0M | 190.7M | 386.9M | 190.9M | 94.2M | 168.9M | |
Other Liab | 6.6M | 7.1M | 9.9M | 11.8M | 13.6M | 7.4M | |
Inventory | (51.0M) | (190.7M) | (386.9M) | (190.9M) | (171.8M) | (163.2M) | |
Property Plant Equipment | 14.6M | 14.0M | 16.4M | 18.1M | 20.8M | 14.8M | |
Short Term Debt | 16.0M | 13.9M | 17.3M | 19.2M | 23.5M | 13.2M | |
Net Tangible Assets | 84.5M | 100.2M | 128.6M | 113.5M | 130.5M | 70.1M | |
Retained Earnings Total Equity | 75.1M | 87.8M | 105.7M | 128.4M | 147.6M | 155.0M | |
Long Term Investments | 616.0M | 880.4M | 305.9M | 444.7M | 489.2M | 502.0M | |
Non Current Liabilities Other | 16.0M | 13.9M | 17.3M | 18.6M | 16.8M | 13.9M |
Also Currently Popular
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 Plumas Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plumas 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 Plumas Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plumas Bancorp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas 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 bureau of labor statistics. For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Plumas Bancorp. If investors know Plumas 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 Plumas 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 (0.02) | Dividend Share 1.06 | Earnings Share 4.77 | Revenue Per Share 13.568 | Quarterly Revenue Growth 0.062 |
The market value of Plumas Bancorp is measured differently than its book value, which is the value of Plumas that is recorded on the company's balance sheet. Investors also form their own opinion of Plumas Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Plumas 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 Plumas Bancorp's market value can be influenced by many factors that don't directly affect Plumas 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 Plumas Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumas Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumas 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.