ACNB Cash And Short Term Investments vs Cash Analysis

ACNB Stock  USD 42.87  2.78  6.09%   
ACNB financial indicator trend analysis is way more than just evaluating ACNB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACNB is a good investment. Please check the relationship between ACNB Cash And Short Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACNB Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ACNB's Cash And Short Term Investments and Cash is 0.9. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of ACNB Corporation, assuming nothing else is changed. The correlation between historical values of ACNB's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of ACNB Corporation are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., ACNB's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ACNB balance sheet. This account contains ACNB investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ACNB Corporation fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of ACNB, which is listed under current asset account on ACNB Corporation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ACNB customers. The amounts must be unrestricted with restricted cash listed in a different ACNB account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from ACNB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACNB 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, ACNB's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.31, whereas Tax Provision is forecasted to decline to about 6.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit93.9M421K106.4M111.7M
Total Revenue93.9M421K106.4M111.7M

ACNB fundamental ratios Correlations

0.10.150.840.95-0.630.740.740.32-0.12-0.020.880.950.960.860.080.80.140.280.980.950.810.040.78-0.45-0.13
0.10.910.50.040.480.61-0.180.880.89-0.550.080.30.160.380.570.48-0.330.410.20.120.520.970.46-0.11-0.25
0.150.910.590.030.390.69-0.090.980.87-0.810.190.390.310.520.590.6-0.610.280.280.220.630.890.55-0.19-0.5
0.840.50.590.77-0.360.960.590.720.29-0.390.840.860.90.970.340.96-0.170.230.880.860.990.450.91-0.5-0.3
0.950.040.030.77-0.60.650.680.18-0.240.180.770.860.870.760.050.670.270.120.910.940.710.030.62-0.50.15
-0.630.480.39-0.36-0.6-0.15-0.950.270.54-0.21-0.78-0.42-0.58-0.450.6-0.36-0.31-0.07-0.54-0.59-0.350.55-0.320.140.09
0.740.610.690.960.65-0.150.40.810.42-0.460.720.80.810.910.570.95-0.240.250.80.740.960.570.92-0.49-0.38
0.74-0.18-0.090.590.68-0.950.40.03-0.280.00.90.580.720.65-0.470.590.180.170.670.710.58-0.260.52-0.23-0.2
0.320.880.980.720.180.270.810.030.82-0.780.350.520.460.660.620.73-0.560.320.440.360.760.840.71-0.25-0.53
-0.120.890.870.29-0.240.540.42-0.280.82-0.7-0.060.11-0.010.190.490.31-0.520.33-0.01-0.120.320.860.320.08-0.41
-0.02-0.55-0.81-0.390.18-0.21-0.460.0-0.78-0.7-0.19-0.25-0.25-0.39-0.34-0.460.9-0.22-0.15-0.11-0.46-0.5-0.440.060.72
0.880.080.190.840.77-0.780.720.90.35-0.06-0.190.780.890.88-0.080.850.040.270.860.830.84-0.020.81-0.33-0.37
0.950.30.390.860.86-0.420.80.580.520.11-0.250.780.950.870.240.83-0.070.360.980.920.850.250.81-0.43-0.24
0.960.160.310.90.87-0.580.810.720.46-0.01-0.250.890.950.940.140.87-0.080.260.980.950.890.10.85-0.47-0.28
0.860.380.520.970.76-0.450.910.650.660.19-0.390.880.870.940.250.94-0.190.260.910.870.980.310.91-0.48-0.34
0.080.570.590.340.050.60.57-0.470.620.49-0.34-0.080.240.140.250.4-0.280.030.180.050.350.60.43-0.22-0.25
0.80.480.60.960.67-0.360.950.590.730.31-0.460.850.830.870.940.4-0.180.290.850.770.970.410.95-0.46-0.52
0.14-0.33-0.61-0.170.27-0.31-0.240.18-0.56-0.520.90.04-0.07-0.08-0.19-0.28-0.18-0.040.020.0-0.22-0.32-0.2-0.020.43
0.280.410.280.230.12-0.070.250.170.320.33-0.220.270.360.260.260.030.29-0.040.310.140.280.180.430.26-0.31
0.980.20.280.880.91-0.540.80.670.44-0.01-0.150.860.980.980.910.180.850.020.310.950.870.140.83-0.46-0.19
0.950.120.220.860.94-0.590.740.710.36-0.12-0.110.830.920.950.870.050.770.00.140.950.830.10.7-0.54-0.04
0.810.520.630.990.71-0.350.960.580.760.32-0.460.840.850.890.980.350.97-0.220.280.870.830.460.93-0.48-0.39
0.040.970.890.450.030.550.57-0.260.840.86-0.5-0.020.250.10.310.60.41-0.320.180.140.10.460.35-0.19-0.15
0.780.460.550.910.62-0.320.920.520.710.32-0.440.810.810.850.910.430.95-0.20.430.830.70.930.35-0.31-0.51
-0.45-0.11-0.19-0.5-0.50.14-0.49-0.23-0.250.080.06-0.33-0.43-0.47-0.48-0.22-0.46-0.020.26-0.46-0.54-0.48-0.19-0.310.06
-0.13-0.25-0.5-0.30.150.09-0.38-0.2-0.53-0.410.72-0.37-0.24-0.28-0.34-0.25-0.520.43-0.31-0.19-0.04-0.39-0.15-0.510.06
Click cells to compare fundamentals

ACNB Account Relationship Matchups

ACNB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.6B2.8B2.5B2.4B1.3B
Short Long Term Debt Total69.8M95.3M73.2M66.1M254.8M267.5M
Total Current Liabilities750K41.6M38.5M45.1M1.5B1.6B
Total Stockholder Equity189.5M258.0M272.1M245.0M277.5M291.3M
Property Plant And Equipment Net29.2M36.2M34.3M30.2M28.9M17.2M
Net Debt(44.6M)(342.5M)(672.2M)(144.0M)188.8M198.3M
Retained Earnings138.7M148.4M167.2M193.9M213.5M224.2M
Cash114.4M399.4M710.1M168.2M66.0M75.6M
Non Current Assets Total266.9M437.1M529.9M706.1M2.4B2.5B
Non Currrent Assets Other(7.9M)(11.4M)(10.5M)(25.4M)1.8B1.8B
Other Assets1.1B1.4B1.1B1.1B1.00.95
Cash And Short Term Investments305.2M737.1M1.1B721.7M473.1M496.8M
Common Stock Total Equity17.9M21.9M22.0M22.1M25.4M16.9M
Common Stock Shares Outstanding7.1M8.6M8.7M8.6M8.5M7.1M
Liabilities And Stockholders Equity1.7B2.6B2.8B2.5B2.4B1.3B
Other Stockholder Equity38.9M93.3M92.4M87.1M86.6M91.0M
Total Liab1.5B56.9M38.0M2.3B2.1B2.2B
Property Plant And Equipment Gross29.2M36.2M61.0M55.7M56.2M59.0M
Total Current Assets305.2M737.1M1.1B721.7M66.0M62.7M
Short Term Debt750K41.6M38.5M45.1M56.9M30.4M
Common Stock17.9M21.9M22.0M22.1M22.2M17.2M
Accumulated Other Comprehensive Income(5.9M)(5.6M)(9.5M)(58.0M)(44.9M)(42.7M)
Other Liab15.2M19.7M18.6M15.4M17.7M11.1M
Accounts Payable1.4B2.2B2.4B2.2B2.5B2.7B
Long Term Debt65.5M53.7M34.7M21M195.3M205.1M
Short Term Investments190.8M337.7M437.1M553.6M451.7M474.3M
Inventory436K155K364K474K426.6K405.3K
Property Plant Equipment29.2M33.0M1.1M3.4M3.9M3.7M
Non Current Liabilities Total69.8M56.9M38.0M2.2B2.1B2.2B
Intangible Assets4.4M7.3M6.1M10.3M9.1M5.5M
Other Current Assets114.7M399.4M711.2M172.0M66.4M63.1M
Other Current Liab(750K)38.5M2.4B2.2B1.5B1.2B
Net Tangible Assets165.5M208.6M272.1M190.5M219.1M157.2M
Capital Surpluse39.6M94.0M94.7M96.0M110.4M115.9M
Long Term Investments213.7M2.0B437.1M553.6M518.2M704.6M

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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 ACNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACNB'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 Acnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acnb Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 ACNB. If investors know ACNB 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 ACNB 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
(0.21)
Dividend Share
1.24
Earnings Share
3.44
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
The market value of ACNB is measured differently than its book value, which is the value of ACNB that is recorded on the company's balance sheet. Investors also form their own opinion of ACNB's value that differs from its market value or its book value, called intrinsic value, which is ACNB'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 ACNB's market value can be influenced by many factors that don't directly affect ACNB'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 ACNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACNB'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.