Rhinebeck Net Tangible Assets vs Total Current Liabilities Analysis
RBKB Stock | USD 9.51 0.07 0.73% |
Rhinebeck Bancorp financial indicator trend analysis is much more than just breaking down Rhinebeck Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rhinebeck Bancorp is a good investment. Please check the relationship between Rhinebeck Bancorp Net Tangible Assets and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rhinebeck 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 industry. For information on how to trade Rhinebeck Stock refer to our How to Trade Rhinebeck Stock guide.
Net Tangible Assets vs Total Current Liabilities
Net Tangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rhinebeck Bancorp Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rhinebeck Bancorp's Net Tangible Assets and Total Current Liabilities is 0.86. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Rhinebeck Bancorp, assuming nothing else is changed. The correlation between historical values of Rhinebeck Bancorp's Net Tangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Rhinebeck Bancorp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Tangible Assets i.e., Rhinebeck Bancorp's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Liabilities
Total Current Liabilities is an item on Rhinebeck Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rhinebeck Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Rhinebeck Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rhinebeck 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 Rhinebeck 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 industry. For information on how to trade Rhinebeck Stock refer to our How to Trade Rhinebeck Stock guide.At present, Rhinebeck Bancorp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 216.2 M, whereas Selling General Administrative is forecasted to decline to about 16 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 46.8M | 47.8M | 41.7M | 39.9M | Total Revenue | 46.8M | 47.8M | 41.7M | 39.9M |
Rhinebeck Bancorp fundamental ratios Correlations
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Rhinebeck Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rhinebeck Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 973.9M | 1.1B | 1.3B | 1.3B | 1.3B | 1.0B | |
Short Long Term Debt Total | 71.5M | 55.8M | 23.2M | 62.9M | 133.2M | 139.9M | |
Total Current Liabilities | 470.5M | 604.6M | 903.0M | 940.3M | 938.4M | 985.3M | |
Total Stockholder Equity | 109.9M | 116.5M | 126.0M | 108.1M | 113.7M | 89.4M | |
Property Plant And Equipment Net | 18.3M | 18.8M | 19.2M | 18.7M | 23.9M | 21.0M | |
Net Debt | 59.5M | (37.7M) | (48.9M) | 31.5M | 118.6M | 124.5M | |
Retained Earnings | 72.2M | 78.1M | 89.6M | 96.6M | 100.4M | 78.5M | |
Cash | 12.0M | 93.5M | 72.1M | 31.4M | 14.2M | 13.5M | |
Non Current Assets Total | 134.8M | 123.4M | 302.1M | 31.4M | 1.3B | 1.4B | |
Non Currrent Assets Other | (2.3M) | (3.7M) | (3.4M) | (223.7M) | 1.1B | 1.1B | |
Cash And Short Term Investments | 126.8M | 196.4M | 352.4M | 255.0M | 206.2M | 164.2M | |
Liabilities And Stockholders Equity | 973.9M | 1.1B | 1.3B | 1.3B | 1.3B | 1.0B | |
Non Current Liabilities Total | 71.5M | 55.8M | 23.2M | 1.2B | 1.2B | 1.3B | |
Other Stockholder Equity | 41.7M | 42.1M | 42.9M | 43.6M | 46.0M | 48.3M | |
Total Liab | 71.5M | 55.8M | 23.2M | 1.2B | 1.2B | 653.7M | |
Total Current Assets | 129.7M | 200.2M | 355.7M | 1.3B | 22.1M | 21.0M | |
Accumulated Other Comprehensive Income | (4.1M) | (3.8M) | (6.6M) | (32.2M) | (32.8M) | (31.1M) | |
Intangible Assets | 241K | 199K | 433K | 334K | 246K | 477.3K | |
Other Liab | 11.7M | 13.6M | 9.1M | 14.4M | 16.5M | 21.1M | |
Net Tangible Assets | 108.2M | 114.9M | 123.3M | 105.6M | 121.4M | 86.0M | |
Accounts Payable | 773.3M | 929.4M | 1.1B | 25.3M | 29.1M | 27.6M | |
Other Assets | 709.4M | 805.2M | 623.3M | 50.9M | 1.9M | 1.8M | |
Long Term Debt | 71.5M | 55.8M | 23.2M | 62.9M | 133.2M | 139.9M | |
Inventory | (16.3M) | (97.4M) | (75.5M) | (999.3M) | (899.4M) | (854.4M) | |
Other Current Assets | 16.3M | 97.4M | 75.5M | 994.4M | 26.9M | 25.6M | |
Long Term Investments | 114.8M | 102.9M | 280.3M | 223.7M | 192.0M | 161.0M | |
Property Plant Equipment | 18.3M | 25.1M | 19.2M | 18.7M | 21.5M | 21.0M | |
Other Current Liab | 433.6M | 571.3M | 885.4M | 888.3M | 857.6M | 635.3M | |
Retained Earnings Total Equity | 72.2M | 78.1M | 89.6M | 96.6M | 111.1M | 116.7M | |
Short Term Investments | 114.8M | 102.9M | 280.3M | 223.7M | 192.0M | 155.0M | |
Short Term Debt | 36.9M | 33.3M | 17.6M | 52.0M | 80.8M | 84.8M | |
Net Receivables | 2.9M | 3.8M | 3.4M | 998.6M | 4.6M | 4.4M | |
Common Stock Shares Outstanding | 10.7M | 10.7M | 11.0M | 11.0M | 10.9M | 9.2M | |
Capital Surpluse | 45.9M | 46.0M | 46.6M | 47.1M | 54.1M | 29.2M | |
Property Plant And Equipment Gross | 18.3M | 18.8M | 45.2M | 46.2M | 46.5M | 31.3M | |
Net Invested Capital | 181.3M | 172.3M | 149.2M | 171.0M | 246.9M | 172.4M |
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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 Rhinebeck Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rhinebeck 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 Rhinebeck Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rhinebeck Bancorp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rhinebeck 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 industry. For information on how to trade Rhinebeck Stock refer to our How to Trade Rhinebeck Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Rhinebeck Bancorp. If investors know Rhinebeck 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 Rhinebeck 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 (0.31) | Earnings Share (0.47) | Revenue Per Share 2.72 | Quarterly Revenue Growth (0.08) | Return On Assets (0) |
The market value of Rhinebeck Bancorp is measured differently than its book value, which is the value of Rhinebeck that is recorded on the company's balance sheet. Investors also form their own opinion of Rhinebeck Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Rhinebeck 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 Rhinebeck Bancorp's market value can be influenced by many factors that don't directly affect Rhinebeck 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 Rhinebeck Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rhinebeck Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rhinebeck 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.