Evans Retained Earnings vs Long Term Debt Analysis

EVBN Stock

USD 44.58 0.15 0.34%

Evans Bancorp financial indicator trend analysis is much more than just examining Evans Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evans Bancorp is a good investment. Please check the relationship between Evans Bancorp Retained Earnings and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans 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.

To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evans Bancorp Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Evans Bancorp's Retained Earnings and Long Term Debt is 0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Evans Bancorp, assuming nothing else is changed. The correlation between historical values of Evans Bancorp's Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Evans Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Evans Bancorp's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Long Term Debt

Long-term debt is a debt that Evans Bancorp has held for over one year. Long-term debt appears on Evans Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Evans Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.At this time, Evans Bancorp's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value is likely to grow to about 355.3 M, while Selling General Administrative is likely to drop about 21.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.8M	6.5M	35.6M	37.4M
Depreciation And Amortization	2.3M	1.6M	1.6M	1.3M

Interest Expense Depreciation And Amortization

Evans Bancorp fundamental ratios Correlations

	Total Assets	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 Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Total Current Liabilities	Non Current Liabilities Total	Short Term Debt	Other Liab	Accounts Payable	Long Term Debt	Good Will	Short Term Investments
Total Assets		0.98	0.73	0.34	0.96	0.38	0.36	0.26	0.56	0.51	0.76	0.78	0.84	0.67	0.91	0.63	0.76	0.7	-0.48	0.65	0.45	0.61	0.72	0.78	0.2	0.92
Total Stockholder Equity	0.98		0.63	0.26	0.95	0.4	0.4	0.31	0.52	0.45	0.77	0.79	0.84	0.65	0.85	0.56	0.78	0.61	-0.43	0.57	0.47	0.56	0.64	0.68	0.21	0.85
Property Plant And Equipment Net	0.73	0.63		0.1	0.58	0.49	0.04	-0.05	0.59	0.63	0.79	0.7	0.76	0.36	0.82	0.67	0.71	0.47	-0.34	0.37	0.08	0.74	0.51	0.55	0.3	0.7
Net Debt	0.34	0.26	0.1		0.49	-0.67	0.56	0.52	-0.16	-0.33	0.13	0.12	0.13	0.78	0.27	-0.2	0.13	0.8	-0.17	0.82	0.62	0.04	0.43	0.78	-0.41	0.45
Retained Earnings	0.96	0.95	0.58	0.49		0.22	0.51	0.43	0.39	0.32	0.64	0.67	0.73	0.73	0.84	0.48	0.65	0.75	-0.52	0.79	0.61	0.54	0.79	0.83	0.0	0.91
Cash	0.38	0.4	0.49	-0.67	0.22		-0.24	-0.29	0.5	0.74	0.33	0.36	0.41	-0.35	0.4	0.69	0.35	-0.14	-0.26	-0.2	-0.18	0.53	0.27	-0.07	0.38	0.33
Non Current Assets Total	0.36	0.4	0.04	0.56	0.51	-0.24		0.99	-0.57	-0.42	0.13	0.15	0.09	0.5	0.16	-0.42	0.15	0.54	0.14	0.59	0.89	0.23	0.46	0.49	-0.6	0.36
Non Currrent Assets Other	0.26	0.31	-0.05	0.52	0.43	-0.29	0.99		-0.64	-0.53	0.05	0.05	0.0	0.46	0.09	-0.52	0.06	0.46	0.16	0.53	0.88	0.14	0.38	0.4	-0.66	0.25
Other Assets	0.56	0.52	0.59	-0.16	0.39	0.5	-0.57	-0.64		0.78	0.58	0.56	0.66	0.21	0.66	0.89	0.55	0.13	-0.55	0.05	-0.38	0.28	0.18	0.25	0.71	0.46
Cash And Short Term Investments	0.51	0.45	0.63	-0.33	0.32	0.74	-0.42	-0.53	0.78		0.48	0.61	0.64	-0.09	0.46	0.91	0.58	0.13	-0.2	-0.04	-0.38	0.55	0.25	0.19	0.73	0.53
Common Stock Total Equity	0.76	0.77	0.79	0.13	0.64	0.33	0.13	0.05	0.58	0.48		0.93	0.94	0.58	0.74	0.5	0.94	0.4	-0.19	0.27	0.14	0.62	0.27	0.45	0.45	0.59
Common Stock Shares Outstanding	0.78	0.79	0.7	0.12	0.67	0.36	0.15	0.05	0.56	0.61	0.93		0.97	0.5	0.62	0.57	1.0	0.44	-0.07	0.28	0.11	0.7	0.33	0.46	0.55	0.68
Other Stockholder Equity	0.84	0.84	0.76	0.13	0.73	0.41	0.09	0.0	0.66	0.64	0.94	0.97		0.52	0.73	0.66	0.96	0.48	-0.26	0.34	0.14	0.68	0.42	0.53	0.51	0.73
Total Liab	0.67	0.65	0.36	0.78	0.73	-0.35	0.5	0.46	0.21	-0.09	0.58	0.5	0.52		0.62	0.03	0.51	0.72	-0.25	0.72	0.54	0.12	0.36	0.75	-0.05	0.57
Property Plant And Equipment Gross	0.91	0.85	0.82	0.27	0.84	0.4	0.16	0.09	0.66	0.46	0.74	0.62	0.73	0.62		0.66	0.63	0.58	-0.68	0.59	0.34	0.53	0.65	0.71	0.14	0.8
Total Current Assets	0.63	0.56	0.67	-0.2	0.48	0.69	-0.42	-0.52	0.89	0.91	0.5	0.57	0.66	0.03	0.66		0.54	0.22	-0.55	0.16	-0.27	0.55	0.46	0.35	0.59	0.65
Common Stock	0.76	0.78	0.71	0.13	0.65	0.35	0.15	0.06	0.55	0.58	0.94	1.0	0.96	0.51	0.63	0.54		0.43	-0.07	0.27	0.11	0.71	0.32	0.45	0.53	0.67
Short Long Term Debt Total	0.7	0.61	0.47	0.8	0.75	-0.14	0.54	0.46	0.13	0.13	0.4	0.44	0.48	0.72	0.58	0.22	0.43		-0.29	0.83	0.7	0.41	0.68	0.96	-0.23	0.78
Total Current Liabilities	-0.48	-0.43	-0.34	-0.17	-0.52	-0.26	0.14	0.16	-0.55	-0.2	-0.19	-0.07	-0.26	-0.25	-0.68	-0.55	-0.07	-0.29		-0.52	-0.19	-0.2	-0.62	-0.47	0.15	-0.5
Non Current Liabilities Total	0.65	0.57	0.37	0.82	0.79	-0.2	0.59	0.53	0.05	-0.04	0.27	0.28	0.34	0.72	0.59	0.16	0.27	0.83	-0.52		0.68	0.39	0.83	0.92	-0.4	0.78
Short Term Debt	0.45	0.47	0.08	0.62	0.61	-0.18	0.89	0.88	-0.38	-0.38	0.14	0.11	0.14	0.54	0.34	-0.27	0.11	0.7	-0.19	0.68		0.2	0.57	0.63	-0.7	0.44
Other Liab	0.61	0.56	0.74	0.04	0.54	0.53	0.23	0.14	0.28	0.55	0.62	0.7	0.68	0.12	0.53	0.55	0.71	0.41	-0.2	0.39	0.2		0.65	0.47	0.15	0.73
Accounts Payable	0.72	0.64	0.51	0.43	0.79	0.27	0.46	0.38	0.18	0.25	0.27	0.33	0.42	0.36	0.65	0.46	0.32	0.68	-0.62	0.83	0.57	0.65		0.8	-0.29	0.87
Long Term Debt	0.78	0.68	0.55	0.78	0.83	-0.07	0.49	0.4	0.25	0.19	0.45	0.46	0.53	0.75	0.71	0.35	0.45	0.96	-0.47	0.92	0.63	0.47	0.8		-0.19	0.87
Good Will	0.2	0.21	0.3	-0.41	0.0	0.38	-0.6	-0.66	0.71	0.73	0.45	0.55	0.51	-0.05	0.14	0.59	0.53	-0.23	0.15	-0.4	-0.7	0.15	-0.29	-0.19		0.1
Short Term Investments	0.92	0.85	0.7	0.45	0.91	0.33	0.36	0.25	0.46	0.53	0.59	0.68	0.73	0.57	0.8	0.65	0.67	0.78	-0.5	0.78	0.44	0.73	0.87	0.87	0.1

Click cells to compare fundamentals

Evans Bancorp Account Relationship Matchups

Evans Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	2.0B	2.2B	2.2B	2.1B	2.2B
Total Stockholder Equity	149.3M	168.9M	183.9M	154.0M	178.2M	187.1M
Property Plant And Equipment Net	3.7M	24.6M	22.6M	21.4M	19.2M	10.8M
Net Debt	(10.9M)	(4.2M)	(167.0M)	225.0M	166.4M	174.7M
Retained Earnings	85.3M	90.5M	108.0M	123.4M	138.6M	145.6M
Cash	38.9M	83.9M	234.9M	6.3M	23.5M	31.7M
Non Current Assets Total	146.6M	206.1M	346.1M	406.6M	2.1B	2.2B
Non Currrent Assets Other	(7.6M)	(12.0M)	(11.0M)	(26.1M)	2.1B	2.2B
Other Assets	1.1B	1.6B	1.3B	1.4B	1.0	0.95
Cash And Short Term Investments	166.8M	246.3M	540.9M	387.4M	23.5M	22.3M
Common Stock Total Equity	2.5M	3.5M	2.7M	2.8M	3.2M	1.9M
Common Stock Shares Outstanding	5.0M	5.3M	5.5M	5.5M	5.5M	4.0M
Liabilities And Stockholders Equity	1.5B	2.0B	2.2B	2.2B	2.1B	2.2B
Other Stockholder Equity	64.2M	76.4M	78.8M	77.1M	79.1M	41.4M
Total Liab	1.3B	1.9B	68.0M	2.0B	1.9B	2.0B
Property Plant And Equipment Gross	17.5M	44.6M	32.9M	33.0M	31.7M	33.3M
Total Current Assets	175.5M	260.0M	540.9M	387.4M	23.5M	22.3M
Accumulated Other Comprehensive Income	(2.6M)	(719K)	(5.7M)	(49.3M)	(42.3M)	(40.2M)
Common Stock	2.5M	2.7M	2.7M	2.8M	2.8M	1.9M
Short Long Term Debt Total	27.9M	81.3M	69.1M	231.2M	189.8M	199.3M
Total Current Liabilities	5.9M	6.6M	5.2M	4.7M	4.1M	3.9M
Non Current Liabilities Total	27.9M	79.7M	68.0M	2.0B	1.9B	2.0B
Short Term Debt	4.2M	5.7M	5.2M	4.7M	155.5M	163.3M
Other Liab	8.4M	11.5M	21.7M	16.9M	19.4M	11.4M
Accounts Payable	5.9M	6.6M	1.9B	1.8B	2.0B	2.1B
Good Will	13.0M	12.5M	12.7M	12.7M	1.8M	1.7M
Short Term Investments	127.9M	162.4M	306.0M	364.3M	275.7M	289.5M
Intangible Assets	555K	3.2M	1.6M	1.2M	94K	89.3K
Property Plant Equipment	13.8M	24.6M	17.8M	17.0M	19.5M	11.6M
Other Current Assets	48.9M	112.8M	244.8M	23.1M	23.5M	24.6M
Other Current Liab	(5.9M)	(6.6M)	1.9B	1.8B	(151.5M)	(143.9M)
Net Tangible Assets	135.9M	154.0M	169.6M	140.1M	161.1M	117.0M
Retained Earnings Total Equity	85.3M	90.5M	108.0M	123.4M	141.9M	71.2M
Capital Surpluse	63.3M	76.4M	78.8M	81.0M	93.2M	62.1M
Long Term Investments	1.2B	166.6M	309.1M	371.3M	277.7M	535.8M
Non Current Liabilities Other	23.0M	28.2M	25.9M	28.8M	33.1M	28.7M

Pair Trading with Evans Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evans Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evans Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evans Stock

0.76	AX	Axos Financial	Pair Corr
0.76	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Evans Stock

0.43	WF	Woori Financial Group	Pair Corr
0.37	TFC-PO	Truist Financial	Pair Corr
0.32	TFC-PR	Truist Financial	Pair Corr
0.31	CFG-PE	Citizens Financial	Pair Corr

The ability to find closely correlated positions to Evans Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evans Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evans Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evans Bancorp to buy it.

The correlation of Evans Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evans Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evans Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Evans Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Evans Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evans Bancorp'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 Evans Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evans Bancorp Stock:

How To Invest In Evans

Details

Is Evans Stock a good investment?

Details

What is Evans Bancorp's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans 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.

To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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 Evans Bancorp. If investors know Evans 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 Evans 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

(0.20)

Dividend Share

1.32

Earnings Share

3.36

Revenue Per Share

14.907

Quarterly Revenue Growth

(0.1)

The market value of Evans Bancorp is measured differently than its book value, which is the value of Evans that is recorded on the company's balance sheet. Investors also form their own opinion of Evans Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Evans 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 Evans Bancorp's market value can be influenced by many factors that don't directly affect Evans 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 Evans Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evans Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evans 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.

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Evans Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Evans Bancorp fundamental ratios Correlations

Evans Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Evans Bancorp fundamental ratios Accounts

Pair Trading with Evans Bancorp

Moving together with Evans Stock

Moving against Evans Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Shares Outstanding
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding
Retained Earnings	+ 0.96	Total Assets
Common Stock	+ 0.96	Other Stockholder Equity

Good Will	- 0.7	Short Term Debt
Total Current Liabilities	- 0.68	Property Plant And Equipment Gross
Cash	- 0.67	Net Debt
Good Will	- 0.66	Non Currrent Assets Other
Other Assets	- 0.64	Non Currrent Assets Other
Accounts Payable	- 0.62	Total Current Liabilities