German Net Income vs Ebit Analysis

GABC Stock  USD 45.48  0.58  1.29%   
German American financial indicator trend analysis is much more than just examining German American Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether German American Bancorp is a good investment. Please check the relationship between German American Net Income and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in German American 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.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of German American Bancorp Net Income account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between German American's Net Income and Ebit is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of German American Bancorp, assuming nothing else is changed. The correlation between historical values of German American's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of German American Bancorp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., German American's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in German American Bancorp financial statement analysis. It represents the amount of money remaining after all of German American Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from German American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into German American 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in German American 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.
At present, German American's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 13.39, whereas Tax Provision is forecasted to decline to about 15.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.5M18.3M66.2M69.5M
Depreciation And Amortization8.5M10.4M9.6M10.0M

German American fundamental ratios Correlations

0.250.08-0.10.970.980.030.980.930.730.55-0.560.72-0.260.760.810.981.00.97-0.420.090.96-0.420.590.930.43
0.25-0.170.530.310.330.970.140.180.470.28-0.060.360.51-0.10.510.240.240.060.520.720.140.46-0.20.320.47
0.08-0.170.050.01-0.01-0.240.160.06-0.13-0.490.520.30.190.33-0.030.120.090.120.03-0.190.13-0.10.6-0.11-0.49
-0.10.530.05-0.05-0.050.61-0.180.03-0.010.18-0.15-0.270.19-0.320.2-0.11-0.11-0.210.08-0.06-0.21-0.05-0.41-0.140.43
0.970.310.01-0.050.970.110.940.940.70.56-0.570.68-0.220.640.790.950.970.9-0.40.170.92-0.390.540.940.44
0.980.33-0.01-0.050.970.120.950.930.770.54-0.560.7-0.290.730.810.980.980.93-0.420.160.95-0.420.540.950.5
0.030.97-0.240.610.110.12-0.09-0.020.340.25-0.030.150.57-0.330.390.010.02-0.150.610.68-0.090.56-0.410.130.46
0.980.140.16-0.180.940.95-0.090.910.670.43-0.470.72-0.320.810.710.980.980.98-0.490.030.98-0.490.70.920.29
0.930.180.060.030.940.93-0.020.910.610.51-0.580.55-0.390.720.750.910.930.88-0.56-0.010.89-0.580.560.860.41
0.730.47-0.13-0.010.70.770.340.670.610.42-0.390.65-0.050.530.860.740.730.65-0.080.290.7-0.090.260.860.48
0.550.28-0.490.180.560.540.250.430.510.42-0.930.07-0.020.070.630.450.550.48-0.18-0.060.36-0.17-0.310.50.86
-0.56-0.060.52-0.15-0.57-0.56-0.03-0.47-0.58-0.39-0.930.020.34-0.15-0.53-0.48-0.55-0.530.50.28-0.430.470.22-0.53-0.81
0.720.360.3-0.270.680.70.150.720.550.650.070.020.040.690.580.750.720.670.030.410.740.030.670.70.03
-0.260.510.190.19-0.22-0.290.57-0.32-0.39-0.05-0.020.340.04-0.480.03-0.32-0.26-0.40.880.46-0.40.77-0.33-0.26-0.06
0.76-0.10.33-0.320.640.73-0.330.810.720.530.07-0.150.69-0.480.480.810.770.85-0.5-0.080.84-0.50.80.660.01
0.810.51-0.030.20.790.810.390.710.750.860.63-0.530.580.030.480.760.80.69-0.070.240.67-0.120.210.820.59
0.980.240.12-0.110.950.980.010.980.910.740.45-0.480.75-0.320.810.760.990.97-0.450.090.99-0.450.640.930.39
1.00.240.09-0.110.970.980.020.980.930.730.55-0.550.72-0.260.770.80.990.97-0.420.080.96-0.430.590.930.43
0.970.060.12-0.210.90.93-0.150.980.880.650.48-0.530.67-0.40.850.690.970.97-0.54-0.030.97-0.530.660.880.34
-0.420.520.030.08-0.4-0.420.61-0.49-0.56-0.08-0.180.50.030.88-0.5-0.07-0.45-0.42-0.540.66-0.510.97-0.39-0.36-0.12
0.090.72-0.19-0.060.170.160.680.03-0.010.29-0.060.280.410.46-0.080.240.090.08-0.030.660.070.720.030.230.02
0.960.140.13-0.210.920.95-0.090.980.890.70.36-0.430.74-0.40.840.670.990.960.97-0.510.07-0.490.720.920.3
-0.420.46-0.1-0.05-0.39-0.420.56-0.49-0.58-0.09-0.170.470.030.77-0.5-0.12-0.45-0.43-0.530.970.72-0.49-0.4-0.34-0.12
0.59-0.20.6-0.410.540.54-0.410.70.560.26-0.310.220.67-0.330.80.210.640.590.66-0.390.030.72-0.40.52-0.42
0.930.32-0.11-0.140.940.950.130.920.860.860.5-0.530.7-0.260.660.820.930.930.88-0.360.230.92-0.340.520.41
0.430.47-0.490.430.440.50.460.290.410.480.86-0.810.03-0.060.010.590.390.430.34-0.120.020.3-0.12-0.420.41
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German American Account Relationship Matchups

German American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B5.0B5.6B6.2B6.2B6.5B
Short Long Term Debt Total349.7M194.5M152.2M228.8M128.0M165.5M
Other Current Liab(168.1M)(50.7M)(43.0M)(67.2M)2.2B2.3B
Total Current Liabilities168.1M51.8M43.6M68.7M7.1M6.7M
Total Stockholder Equity573.8M624.7M668.5M558.4M663.6M696.7M
Property Plant And Equipment Net96.7M96.6M88.9M112.2M106.8M112.1M
Net Debt289.7M136.6M105.0M151.6M48.7M46.2M
Retained Earnings253.1M288.4M350.4M405.2M461.6M484.7M
Accounts Payable44.1M51.8M43.6M43.7M50.3M52.8M
Cash60.0M58.0M47.2M77.2M78.8M40.1M
Non Current Assets Total1.1B1.7B2.5B2.1B293.4M560.3M
Non Currrent Assets Other(1.1B)(1.7B)(2.5B)(2.1B)(27.9M)(29.3M)
Other Assets3.1B2.9B2.7B3.9B5.7B6.0B
Cash And Short Term Investments105.9M347.0M397.6M119.6M115.3M230.5M
Net Receivables44.2M44.0M43.5M124.0M142.6M149.7M
Common Stock Shares Outstanding25.8M26.5M26.5M29.5M29.6M20.1M
Liabilities And Stockholders Equity4.4B5.0B5.6B6.2B6.2B6.5B
Other Stockholder Equity279.0M274.4M276.1M387.2M389.4M408.9M
Total Liab3.8B4.4B4.9B5.6B5.5B5.8B
Property Plant And Equipment Gross96.7M96.6M153.7M183.7M179.5M188.5M
Total Current Assets150.1M391.0M441.2M119.6M115.3M109.6M
Short Term Debt124M62.9M70.1M25M92.7M92.3M
Accumulated Other Comprehensive Income15.1M35.4M15.5M(263.4M)(217.1M)(206.2M)
Good Will121.3M122.0M121.8M180.4M207.4M217.8M
Other Current Assets124.7M367.6M417.9M147.3M146.4M139.1M
Non Current Liabilities Total349.7M194.5M152.2M68.7M5.5B5.8B
Common Stock Total Equity26.7M26.5M26.6M29.5M33.9M26.1M
Common Stock305.6M300.9M302.6M416.7M29.6M28.1M
Other Liab29.7M51.8M43.6M26.0M29.9M20.7M
Long Term Debt178.6M194.5M152.2M203.8M125.3M127.9M
Short Term Investments45.9M289.0M350.5M42.4M36.5M49.2M
Inventory(124.7M)(367.6M)(417.9M)(271.3M)(244.2M)(232.0M)
Intangible Assets10.8M9.0M5.8M9.4M6.3M4.6M
Property Plant Equipment97.1M325K88.9M112.2M129.1M135.5M
Net Tangible Assets439.9M493.8M540.9M368.6M423.9M338.3M
Retained Earnings Total Equity253.1M288.4M350.4M405.2M465.9M489.2M
Capital Surpluse279.0M274.4M276.1M387.2M445.2M467.5M
Long Term Investments3.9B1.2B2.2B1.8B1.6B2.1B
Non Current Liabilities Other349.7M194.5M152.2M203.8M183.4M267.3M

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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 German American Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of German American'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 German American Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on German American Bancorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in German American 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.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 German American. If investors know German 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 German American 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
(0.02)
Dividend Share
1.08
Earnings Share
2.77
Revenue Per Share
8.341
Quarterly Revenue Growth
0.005
The market value of German American Bancorp is measured differently than its book value, which is the value of German that is recorded on the company's balance sheet. Investors also form their own opinion of German American's value that differs from its market value or its book value, called intrinsic value, which is German American'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 German American's market value can be influenced by many factors that don't directly affect German American'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 German American's value and its price as these two are different measures arrived at by different means. Investors typically determine if German American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, German American'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.