ECB Long Term Investments vs Net Receivables Analysis
ECBK Stock | USD 14.99 0.20 1.35% |
ECB Bancorp financial indicator trend analysis is much more than just examining ECB Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECB Bancorp is a good investment. Please check the relationship between ECB Bancorp Long Term Investments and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECB Bancorp. 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 information on how to buy ECB Stock please use our How to buy in ECB Stock guide.
Long Term Investments vs Net Receivables
Long Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECB Bancorp Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ECB Bancorp's Long Term Investments and Net Receivables is 0.8. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ECB Bancorp, assuming nothing else is changed. The correlation between historical values of ECB Bancorp's Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of ECB Bancorp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., ECB Bancorp's Long Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Investments
Long Term Investments is an item on the asset side of ECB Bancorp balance sheet that represents investments ECB Bancorp intends to hold for over a year. ECB Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Receivables
Most indicators from ECB Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECB Bancorp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECB Bancorp. 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 information on how to buy ECB Stock please use our How to buy in ECB Stock guide.The value of Tax Provision is estimated to slide to about 1.1 M. The value of Selling General Administrative is expected to slide to about 11.1 M
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 18.7M | 23.6M | 25.7M | 23.1M | Tax Provision | 1.4M | 776K | 1.6M | 1.1M |
ECB Bancorp fundamental ratios Correlations
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ECB Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 ECB Bancorp. If investors know ECB 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 ECB Bancorp 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 0.39 | Revenue Per Share 2.976 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0026 |
The market value of ECB Bancorp is measured differently than its book value, which is the value of ECB that is recorded on the company's balance sheet. Investors also form their own opinion of ECB Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ECB Bancorp'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 ECB Bancorp's market value can be influenced by many factors that don't directly affect ECB Bancorp'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 ECB Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECB Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECB Bancorp'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.