Business Earning Assets vs Retained Earnings Analysis

BFST Stock

USD 28.50 0.22 0.77%

Business First financial indicator trend analysis is way more than just evaluating Business First Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Business First Bancshares is a good investment. Please check the relationship between Business First Earning Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Business First 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 state.

Earning Assets vs Retained Earnings

Earning Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Business First Bancshares Earning Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Business First's Earning Assets and Retained Earnings is 0.7. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Business First Bancshares, assuming nothing else is changed. The correlation between historical values of Business First's Earning Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Business First Bancshares are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Earning Assets i.e., Business First's Earning Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Earning Assets

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Business First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Business First 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 Business First 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 state.

At this time, Business First's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 21 M in 2024, whereas Enterprise Value Multiple is likely to drop 27.86 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	186.6M	227.5M	245.8M	258.1M
Total Revenue	186.6M	227.5M	245.8M	258.1M

Gross Profit Total Revenue

Business First fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets
Total Assets		0.71	0.99	0.98	0.87	0.98	0.91	0.79	0.65	0.28	0.74	0.89	0.67	0.88	1.0	0.41	0.89	0.92	0.64	0.9	-0.6	0.9	-0.64	0.89	-0.73	0.21
Total Current Liabilities	0.71		0.71	0.63	0.79	0.81	0.79	0.98	0.99	-0.43	0.07	0.45	0.99	0.41	0.71	-0.01	0.41	0.83	0.15	0.45	-0.26	0.83	-0.3	0.39	-0.99	0.14
Total Stockholder Equity	0.99	0.71		0.98	0.86	0.98	0.93	0.78	0.65	0.3	0.73	0.9	0.67	0.9	0.99	0.45	0.9	0.92	0.61	0.9	-0.64	0.9	-0.68	0.87	-0.73	0.27
Property Plant And Equipment Net	0.98	0.63	0.98		0.79	0.94	0.87	0.72	0.57	0.33	0.79	0.91	0.59	0.9	0.98	0.4	0.91	0.85	0.74	0.92	-0.62	0.82	-0.65	0.91	-0.67	0.16
Net Debt	0.87	0.79	0.86	0.79		0.93	0.79	0.84	0.76	0.02	0.44	0.68	0.77	0.67	0.87	0.18	0.67	0.98	0.22	0.67	-0.39	0.99	-0.41	0.67	-0.79	0.05
Retained Earnings	0.98	0.81	0.98	0.94	0.93		0.91	0.87	0.76	0.12	0.61	0.83	0.78	0.81	0.98	0.32	0.82	0.97	0.52	0.83	-0.54	0.96	-0.58	0.82	-0.82	0.17
Cash	0.91	0.79	0.93	0.87	0.79	0.91		0.83	0.74	0.15	0.53	0.79	0.75	0.79	0.9	0.42	0.79	0.89	0.45	0.79	-0.64	0.87	-0.68	0.68	-0.8	0.39
Non Current Assets Total	0.79	0.98	0.78	0.72	0.84	0.87	0.83		0.98	-0.34	0.18	0.54	0.98	0.5	0.79	0.04	0.51	0.87	0.25	0.54	-0.34	0.87	-0.32	0.51	-0.99	0.11
Non Currrent Assets Other	0.65	0.99	0.65	0.57	0.76	0.76	0.74	0.98		-0.51	-0.01	0.38	1.0	0.35	0.65	-0.09	0.34	0.79	0.09	0.39	-0.22	0.79	-0.19	0.34	-0.98	0.07
Other Assets	0.28	-0.43	0.3	0.33	0.02	0.12	0.15	-0.34	-0.51		0.79	0.5	-0.48	0.56	0.28	0.73	0.56	0.06	0.5	0.49	-0.54	0.04	-0.54	0.52	0.39	0.37
Cash And Short Term Investments	0.74	0.07	0.73	0.79	0.44	0.61	0.53	0.18	-0.01	0.79		0.84	0.01	0.84	0.74	0.68	0.86	0.48	0.83	0.83	-0.65	0.46	-0.71	0.89	-0.1	0.29
Common Stock Shares Outstanding	0.89	0.45	0.9	0.91	0.68	0.83	0.79	0.54	0.38	0.5	0.84		0.4	0.99	0.89	0.51	0.99	0.74	0.71	1.0	-0.67	0.72	-0.72	0.95	-0.5	0.27
Non Current Liabilities Total	0.67	0.99	0.67	0.59	0.77	0.78	0.75	0.98	1.0	-0.48	0.01	0.4		0.37	0.67	-0.07	0.37	0.8	0.12	0.41	-0.24	0.8	-0.22	0.36	-0.99	0.08
Other Stockholder Equity	0.88	0.41	0.9	0.9	0.67	0.81	0.79	0.5	0.35	0.56	0.84	0.99	0.37		0.88	0.55	1.0	0.74	0.68	0.99	-0.69	0.72	-0.73	0.93	-0.46	0.31
Total Liab	1.0	0.71	0.99	0.98	0.87	0.98	0.9	0.79	0.65	0.28	0.74	0.89	0.67	0.88		0.41	0.89	0.92	0.64	0.89	-0.59	0.9	-0.64	0.89	-0.73	0.2
Total Current Assets	0.41	-0.01	0.45	0.4	0.18	0.32	0.42	0.04	-0.09	0.73	0.68	0.51	-0.07	0.55	0.41		0.54	0.25	0.47	0.5	-0.72	0.24	-0.81	0.5	0.02	0.87
Common Stock	0.89	0.41	0.9	0.91	0.67	0.82	0.79	0.51	0.34	0.56	0.86	0.99	0.37	1.0	0.89	0.54		0.73	0.72	1.0	-0.67	0.71	-0.71	0.95	-0.46	0.28
Short Long Term Debt Total	0.92	0.83	0.92	0.85	0.98	0.97	0.89	0.87	0.79	0.06	0.48	0.74	0.8	0.74	0.92	0.25	0.73		0.3	0.74	-0.47	1.0	-0.51	0.7	-0.83	0.15
Other Liab	0.64	0.15	0.61	0.74	0.22	0.52	0.45	0.25	0.09	0.5	0.83	0.71	0.12	0.68	0.64	0.47	0.72	0.3		0.73	-0.51	0.26	-0.54	0.81	-0.2	0.18
Net Tangible Assets	0.9	0.45	0.9	0.92	0.67	0.83	0.79	0.54	0.39	0.49	0.83	1.0	0.41	0.99	0.89	0.5	1.0	0.74	0.73		-0.66	0.72	-0.71	0.95	-0.5	0.26
Accounts Payable	-0.6	-0.26	-0.64	-0.62	-0.39	-0.54	-0.64	-0.34	-0.22	-0.54	-0.65	-0.67	-0.24	-0.69	-0.59	-0.72	-0.67	-0.47	-0.51	-0.66		-0.46	0.76	-0.63	0.32	-0.59
Long Term Debt	0.9	0.83	0.9	0.82	0.99	0.96	0.87	0.87	0.79	0.04	0.46	0.72	0.8	0.72	0.9	0.24	0.71	1.0	0.26	0.72	-0.46		-0.49	0.68	-0.83	0.15
Net Receivables	-0.64	-0.3	-0.68	-0.65	-0.41	-0.58	-0.68	-0.32	-0.19	-0.54	-0.71	-0.72	-0.22	-0.73	-0.64	-0.81	-0.71	-0.51	-0.54	-0.71	0.76	-0.49		-0.63	0.28	-0.7
Short Term Investments	0.89	0.39	0.87	0.91	0.67	0.82	0.68	0.51	0.34	0.52	0.89	0.95	0.36	0.93	0.89	0.5	0.95	0.7	0.81	0.95	-0.63	0.68	-0.63		-0.45	0.19
Inventory	-0.73	-0.99	-0.73	-0.67	-0.79	-0.82	-0.8	-0.99	-0.98	0.39	-0.1	-0.5	-0.99	-0.46	-0.73	0.02	-0.46	-0.83	-0.2	-0.5	0.32	-0.83	0.28	-0.45		-0.1
Other Current Assets	0.21	0.14	0.27	0.16	0.05	0.17	0.39	0.11	0.07	0.37	0.29	0.27	0.08	0.31	0.2	0.87	0.28	0.15	0.18	0.26	-0.59	0.15	-0.7	0.19	-0.1

Click cells to compare fundamentals

Business First Account Relationship Matchups

Business First fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	4.2B	4.7B	6.0B	6.6B	6.9B
Total Current Liabilities	1.4M	1.5M	7.5M	2.1M	4.8B	5.0B
Total Stockholder Equity	285.1M	410.0M	433.4M	580.5M	644.3M	676.5M
Property Plant And Equipment Net	29.3M	58.6M	58.2M	63.2M	69.5M	73.0M
Net Debt	28.6M	(65.0M)	100.1M	373.1M	390.1M	409.6M
Retained Earnings	56.7M	79.2M	121.9M	164.0M	216.1M	226.9M
Cash	89.4M	149.1M	68.4M	152.7M	226.1M	237.4M
Non Current Assets Total	375.2M	775.5M	1.2B	1.1B	6.2B	6.5B
Non Currrent Assets Other	(2.1M)	(17.3M)	(18.2M)	(42.9M)	5.1B	5.4B
Other Assets	1.5B	2.6B	2.4B	3.8B	20.2M	19.2M
Cash And Short Term Investments	367.6M	789.7M	1.1B	1.0B	377.2M	432.0M
Common Stock Shares Outstanding	13.7M	18.2M	20.6M	22.8M	25.3M	14.1M
Non Current Liabilities Total	118M	79.1M	168.4M	2.1M	5.9B	6.2B
Other Stockholder Equity	212.5M	299.5M	292.3M	393.7M	397.4M	210.3M
Total Liab	2.0B	3.8B	4.3B	5.4B	5.9B	6.2B
Total Current Assets	375.6M	813.6M	1.1B	1.1B	377.2M	692.9M
Common Stock	13.3M	20.6M	20.4M	25.1M	25.4M	14.5M
Short Long Term Debt Total	118M	84.2M	168.5M	525.9M	616.2M	647.0M
Liabilities And Stockholders Equity	2.3B	4.2B	4.7B	6.0B	6.6B	6.9B
Accumulated Other Comprehensive Income	2.6M	10.6M	(1.2M)	(74.2M)	(66.6M)	(63.3M)
Other Liab	6.0M	25.2M	26.8M	9.8M	11.2M	11.2M
Net Tangible Assets	229.9M	346.4M	361.3M	406.0M	466.9M	245.3M
Accounts Payable	1.5M	2.5M	1.4M	2.1M	14.8M	14.1M
Long Term Debt	118M	31M	168.4M	525.8M	616.2M	647.0M
Net Receivables	8.0M	23.9M	19.6M	25.7M	29.9M	28.4M
Short Term Investments	278.2M	640.6M	1.0B	890.8M	879.6M	515.1M
Inventory	(162.8M)	(356.2M)	(316.4M)	(195.4M)	(4.8B)	(4.5B)
Other Current Assets	162.8M	356.2M	316.4M	195.4M	408.8M	457.2M
Long Term Investments	290.8M	3.6B	1.0B	928.2M	913.5M	856.3M
Short Long Term Debt	10M	5.0M	20K	9K	8.1K	7.7K
Short Term Debt	78.0M	5.0M	20K	9K	323.3M	339.5M
Property Plant Equipment	29.3M	58.6M	58.2M	63.2M	72.7M	76.3M
Other Current Liab	(1.4M)	(1.5M)	(2.5M)	(2.1M)	(14.8M)	(14.1M)
Current Deferred Revenue	(917.0M)	(35.9M)	(76.5M)	(14.8M)	(17.1M)	(17.9M)
Good Will	48.5M	53.9M	59.9M	88.5M	88.4M	49.6M
Common Stock Total Equity	13.3M	20.6M	20.4M	25.1M	28.9M	16.1M
Retained Earnings Total Equity	56.7M	79.2M	121.9M	164.0M	188.5M	198.0M
Capital Surpluse	212.5M	299.5M	292.3M	393.7M	452.7M	237.3M
Property Plant And Equipment Gross	29.3M	58.6M	97.0M	111.4M	120.1M	126.2M
Non Current Liabilities Other	180.2M	100.2M	132.9M	462.7M	532.1M	558.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Business Stock Analysis

When running Business First's price analysis, check to measure Business First's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC