Richmond Net Tangible Assets from 2010 to 2024

RMBI Stock  USD 14.32  0.16  1.10%   
Richmond Mutual's Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are estimated to finish at about 158 M this year. Net Tangible Assets is the total assets of Richmond Mutual Bancorporation minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2018-03-31
Previous Quarter
130.8 M
Current Value
118.6 M
Quarterly Volatility
39.7 M
 
Covid
Check Richmond Mutual financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richmond Mutual's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 36.7 M or Interest Income of 48.6 M, as well as many indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.052 or PTB Ratio of 1.42. Richmond financial statements analysis is a perfect complement when working with Richmond Mutual Valuation or Volatility modules.
  
Check out the analysis of Richmond Mutual Correlation against competitors.

Latest Richmond Mutual's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Richmond Mutual Bancorporation over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Richmond Mutual's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Richmond Mutual's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Richmond Net Tangible Assets Regression Statistics

Arithmetic Mean116,338,776
Geometric Mean108,934,946
Coefficient Of Variation39.04
Mean Deviation40,908,450
Median81,797,822
Standard Deviation45,413,998
Sample Variance2062.4T
Range110.9M
R-Value0.76
Mean Square Error940.1T
R-Squared0.58
Significance0
Slope7,711,869
Total Sum of Squares28874T

Richmond Net Tangible Assets History

2024158 M
2023152.9 M
2022133 M
2021180.5 M
2020192.7 M
2019187.8 M
201885.9 M

About Richmond Mutual Financial Statements

Investors use fundamental indicators, such as Richmond Mutual's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Richmond Mutual's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Tangible Assets152.9 M158 M

Currently Active Assets on Macroaxis

When determining whether Richmond Mutual Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Richmond Mutual'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 Richmond Mutual Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Richmond Mutual Bancorporation Stock:
Check out the analysis of Richmond Mutual Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Richmond Mutual. If investors know Richmond 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 Richmond Mutual 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
0.276
Dividend Share
0.56
Earnings Share
0.87
Revenue Per Share
4.169
Quarterly Revenue Growth
0.061
The market value of Richmond Mutual Banc is measured differently than its book value, which is the value of Richmond that is recorded on the company's balance sheet. Investors also form their own opinion of Richmond Mutual's value that differs from its market value or its book value, called intrinsic value, which is Richmond Mutual'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 Richmond Mutual's market value can be influenced by many factors that don't directly affect Richmond Mutual'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 Richmond Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Richmond Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richmond Mutual'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.