Southern Other Current Assets from 2010 to 2024

SSBK Stock  USD 37.09  0.34  0.91%   
Southern States Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 191.5 M. 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
2010-12-31
Previous Quarter
259.4 M
Current Value
191.5 M
Quarterly Volatility
67.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 54.8 M or Total Revenue of 65.8 M, as well as many indicators such as Price To Sales Ratio of 3.58, Dividend Yield of 0.0151 or PTB Ratio of 1.36. Southern financial statements analysis is a perfect complement when working with Southern States Valuation or Volatility modules.
  
Check out the analysis of Southern States Correlation against competitors.

Latest Southern States' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Southern States Bancshares 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. Southern States' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern States' 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  

Southern Other Current Assets Regression Statistics

Arithmetic Mean130,228,510
Geometric Mean118,133,553
Coefficient Of Variation52.07
Mean Deviation53,253,996
Median89,692,128
Standard Deviation67,810,180
Sample Variance4598.2T
Range201.4M
R-Value0.73
Mean Square Error2341.8T
R-Squared0.53
Significance0
Slope11,008,327
Total Sum of Squares64375.1T

Southern Other Current Assets History

2024191.5 M
2023259.4 M
2022178.4 M
2021291.1 M
202099.4 M
2019126.5 M

About Southern States Financial Statements

Southern States investors utilize fundamental indicators, such as Other Current Assets, to predict how Southern 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 Assets259.4 M191.5 M

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When determining whether Southern States Banc 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 Southern 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 Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:
Check out the analysis of Southern States Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Southern States. If investors know Southern 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 Southern States 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
0.037
Dividend Share
0.36
Earnings Share
3.51
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' 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 Southern States' market value can be influenced by many factors that don't directly affect Southern States' 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 Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' 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.