Affinity Capital Expenditures vs Depreciation Analysis

AFBI Stock  USD 19.74  0.84  4.44%   
Affinity Bancshares financial indicator trend analysis is way more than just evaluating Affinity Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affinity Bancshares is a good investment. Please check the relationship between Affinity Bancshares Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affinity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affinity Bancshares Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Affinity Bancshares' Capital Expenditures and Depreciation is -0.47. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Affinity Bancshares, assuming nothing else is changed. The correlation between historical values of Affinity Bancshares' Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Affinity Bancshares are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Affinity Bancshares' Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by Affinity Bancshares to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Affinity Bancshares operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Affinity Bancshares value has been used up. For tax purposes Affinity Bancshares can deduct the cost of the tangible assets it purchases as business expenses. However, Affinity Bancshares must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Affinity Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affinity Bancshares 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 Affinity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.As of now, Affinity Bancshares' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Affinity Bancshares' current Enterprise Value Multiple is estimated to increase to 13.30, while Tax Provision is projected to decrease to under 1.6 M.
 2022 2023 2024 2025 (projected)
Interest Income32.1M40.6M46.7M33.2M
Net Interest Income29.8M27.8M32.0M27.4M

Affinity Bancshares fundamental ratios Correlations

0.92-0.59-0.731.0-0.130.47-0.76-0.94-0.650.630.79-0.87-0.39-0.760.76-0.05-0.38-0.59-0.49-0.46-0.860.59-0.77-0.81-0.34
0.92-0.79-0.890.920.00.28-0.67-0.97-0.590.850.93-0.96-0.53-0.930.92-0.24-0.27-0.76-0.65-0.35-0.920.54-0.9-0.94-0.5
-0.59-0.790.89-0.59-0.230.20.150.810.08-0.86-0.930.690.520.95-0.940.67-0.250.690.62-0.080.560.060.690.830.55
-0.73-0.890.89-0.72-0.280.060.360.870.21-0.9-0.910.870.680.96-0.920.49-0.050.840.770.030.77-0.280.830.880.67
1.00.92-0.59-0.72-0.140.47-0.77-0.94-0.660.630.78-0.87-0.38-0.760.75-0.04-0.39-0.59-0.49-0.46-0.860.59-0.76-0.81-0.33
-0.130.0-0.23-0.28-0.14-0.650.380.080.610.420.030.07-0.82-0.150.12-0.620.5-0.63-0.740.80.19-0.26-0.10.12-0.86
0.470.280.20.060.47-0.65-0.87-0.31-0.88-0.210.07-0.390.28-0.030.010.83-0.950.180.26-0.93-0.520.71-0.26-0.140.39
-0.76-0.670.150.36-0.770.38-0.870.640.94-0.27-0.430.740.160.42-0.39-0.540.890.30.210.820.83-0.880.650.490.05
-0.94-0.970.810.87-0.940.08-0.310.640.55-0.76-0.940.920.420.92-0.920.240.230.650.540.380.87-0.430.810.930.39
-0.65-0.590.080.21-0.660.61-0.880.940.55-0.18-0.380.66-0.10.33-0.34-0.590.880.1-0.010.920.76-0.840.570.49-0.18
0.630.85-0.86-0.90.630.42-0.21-0.27-0.76-0.180.86-0.78-0.77-0.910.9-0.610.13-0.92-0.870.12-0.670.26-0.85-0.82-0.79
0.790.93-0.93-0.910.780.030.07-0.43-0.94-0.380.86-0.87-0.47-0.981.0-0.45-0.03-0.7-0.59-0.21-0.780.23-0.78-0.95-0.46
-0.87-0.960.690.87-0.870.07-0.390.740.920.66-0.78-0.870.490.88-0.860.060.420.710.610.480.98-0.670.90.910.44
-0.39-0.530.520.68-0.38-0.820.280.160.42-0.1-0.77-0.470.490.58-0.540.5-0.110.950.98-0.380.4-0.220.60.370.99
-0.76-0.930.950.96-0.76-0.15-0.030.420.920.33-0.91-0.980.880.58-0.990.470.020.780.690.140.79-0.260.840.930.57
0.760.92-0.94-0.920.750.120.01-0.39-0.92-0.340.91.0-0.86-0.54-0.99-0.510.01-0.75-0.66-0.14-0.760.22-0.79-0.94-0.54
-0.05-0.240.670.49-0.04-0.620.83-0.540.24-0.59-0.61-0.450.060.50.47-0.51-0.840.520.53-0.75-0.10.560.150.340.6
-0.38-0.27-0.25-0.05-0.390.5-0.950.890.230.880.13-0.030.42-0.110.020.01-0.84-0.05-0.110.880.55-0.820.320.11-0.23
-0.59-0.760.690.84-0.59-0.630.180.30.650.1-0.92-0.70.710.950.78-0.750.52-0.050.99-0.210.62-0.340.780.640.94
-0.49-0.650.620.77-0.49-0.740.260.210.54-0.01-0.87-0.590.610.980.69-0.660.53-0.110.99-0.320.51-0.270.70.510.98
-0.46-0.35-0.080.03-0.460.8-0.930.820.380.920.12-0.210.48-0.380.14-0.14-0.750.88-0.21-0.320.61-0.690.30.33-0.48
-0.86-0.920.560.77-0.860.19-0.520.830.870.76-0.67-0.780.980.40.79-0.76-0.10.550.620.510.61-0.770.870.860.33
0.590.540.06-0.280.59-0.260.71-0.88-0.43-0.840.260.23-0.67-0.22-0.260.220.56-0.82-0.34-0.27-0.69-0.77-0.63-0.39-0.13
-0.77-0.90.690.83-0.76-0.1-0.260.650.810.57-0.85-0.780.90.60.84-0.790.150.320.780.70.30.87-0.630.80.58
-0.81-0.940.830.88-0.810.12-0.140.490.930.49-0.82-0.950.910.370.93-0.940.340.110.640.510.330.86-0.390.80.36
-0.34-0.50.550.67-0.33-0.860.390.050.39-0.18-0.79-0.460.440.990.57-0.540.6-0.230.940.98-0.480.33-0.130.580.36
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Affinity Bancshares Account Relationship Matchups

Affinity Bancshares fundamental ratios Accounts

202020212022202320242025 (projected)
Total Current Liabilities4.7M3.3M7.0M3.0M2.7M2.6M
Other Liab3.2M2.8M2.4M2.5M2.2M2.3M
Net Tangible Assets77.2M61.8M102.2M98.5M113.3M91.6M
Retained Earnings50.7M58.2M65.4M71.3M82.0M62.4M
Accounts Payable3.9M4.7M5.3M7.0M6.3M6.0M
Other Assets584.9M546.2M595.6M2.9M2.6M2.4M
Inventory(48.3M)(179.5M)(115.3M)2.9M2.6M2.7M
Other Current Assets179.5M115.3M29.2M52.9M60.8M79.0M
Other Stockholder Equity29.9M63.0M58.3M56.4M64.9M42.9M
Total Current Assets212.6M168.3M99.1M50.0M57.5M114.8M
Property Plant Equipment8.5M8.6M3.8M4.3M3.8M5.5M
Total Assets850.6M788.1M791.3M843.3M969.7M790.4M
Other Current Liab(4.7M)(5.3M)(7.0M)3.0M3.5M3.7M
Total Stockholder Equity80.8M121.0M117.1M121.5M139.7M113.9M
Property Plant And Equipment Net8.6M3.8M4.3M3.8M3.4M4.6M
Net Debt(154.1M)(62.8M)(16.3M)(10.0M)(11.5M)(12.1M)
Cash178.3M111.8M26.3M50.0M45.0M66.3M
Non Current Assets Total53.2M73.6M96.6M790.4M908.9M954.4M
Non Currrent Assets Other(53.2M)(73.6M)(96.6M)680.0M782.0M821.1M
Cash And Short Term Investments202.3M160.3M99.1M50.0M45.0M42.8M
Common Stock Shares Outstanding6.9M6.9M6.8M6.6M7.5M7.3M
Short Term Investments24.0M48.6M72.7M48.6M55.8M43.5M
Liabilities And Stockholders Equity850.6M788.1M791.3M843.3M969.7M790.4M
Non Current Liabilities Total24.1M49.0M7.0M718.7M826.5M867.8M
Total Liab769.8M667.1M674.2M721.7M830.0M624.1M
Long Term Investments25.6M51.0M73.8M88.2M101.4M53.4M
Property Plant And Equipment Gross16.2M8.3M9.6M10.2M9.1M8.4M
Accumulated Other Comprehensive Income159K(358K)(6.7M)(6.3M)(5.7M)(5.4M)

Currently Active Assets on Macroaxis

When determining whether Affinity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Affinity Bancshares' 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 Affinity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Affinity Bancshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affinity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting 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 Affinity Bancshares. If investors know Affinity 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 Affinity Bancshares 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
(0.13)
Earnings Share
0.83
Revenue Per Share
4.772
Quarterly Revenue Growth
0.001
Return On Assets
0.0064
The market value of Affinity Bancshares is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Affinity Bancshares' 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 Affinity Bancshares' market value can be influenced by many factors that don't directly affect Affinity Bancshares' 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 Affinity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity Bancshares' 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.