Parke Other Current Assets from 2010 to 2024

PKBK Stock  USD 20.97  0.11  0.53%   
Parke Bancorp Other Current Assets yearly trend continues to be quite stable with very little volatility. Other Current Assets may rise above about 217 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2014-12-31
Previous Quarter
178.3 M
Current Value
174 M
Quarterly Volatility
219.5 M
 
Yuan Drop
 
Covid
Check Parke Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parke Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 50.9 M, Selling General Administrative of 6.6 M or Total Revenue of 39.5 M, as well as many indicators such as Price To Sales Ratio of 3.81, Dividend Yield of 0.0196 or PTB Ratio of 1.19. Parke financial statements analysis is a perfect complement when working with Parke Bancorp Valuation or Volatility modules.
  
Check out the analysis of Parke Bancorp Correlation against competitors.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

Latest Parke Bancorp's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Parke Bancorp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Parke Bancorp's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Parke Bancorp's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Parke Other Current Assets Regression Statistics

Arithmetic Mean147,515,533
Geometric Mean47,014,761
Coefficient Of Variation122.61
Mean Deviation134,390,169
Median84,365,000
Standard Deviation180,862,336
Sample Variance32711.2T
Range600.2M
R-Value0.69
Mean Square Error18597.7T
R-Squared0.47
Significance0
Slope27,786,575
Total Sum of Squares457956.6T

Parke Other Current Assets History

2024217 M
2023190.5 M
2022192.5 M
2021605.9 M
2020467.5 M
2019202.4 M
2018164.8 M

About Parke Bancorp Financial Statements

Parke Bancorp investors utilize fundamental indicators, such as Other Current Assets, to predict how Parke Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets190.5 M217 M

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When determining whether Parke Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Parke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Parke Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Parke Bancorp Stock:
Check out the analysis of Parke Bancorp Correlation against competitors.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 Parke Bancorp. If investors know Parke 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 Parke 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
6.283
Dividend Share
0.72
Earnings Share
2.34
Revenue Per Share
5.282
Quarterly Revenue Growth
(0.08)
The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke 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 Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke 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 Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke 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.