Metropolitan Cash vs Net Tangible Assets Analysis

MCB Stock  USD 67.29  1.03  1.55%   
Metropolitan Bank financial indicator trend analysis is infinitely more than just investigating Metropolitan Bank Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metropolitan Bank Holding is a good investment. Please check the relationship between Metropolitan Bank Cash and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan Bank Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cash vs Net Tangible Assets

Cash vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metropolitan Bank Holding Cash account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Metropolitan Bank's Cash and Net Tangible Assets is 0.45. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Metropolitan Bank Holding, assuming nothing else is changed. The correlation between historical values of Metropolitan Bank's Cash and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Metropolitan Bank Holding are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., Metropolitan Bank's Cash and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Metropolitan Bank Holding, which is listed under current asset account on Metropolitan Bank Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Metropolitan Bank customers. The amounts must be unrestricted with restricted cash listed in a different Metropolitan Bank account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Metropolitan Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metropolitan Bank Holding 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan Bank Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Metropolitan Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.37, whereas Tax Provision is forecasted to decline to about 19.4 M.
 2021 2022 2023 2024 (projected)
Net Interest Income157.0M229.2M229.7M125.6M
Tax Provision29.0M37.5M33.4M19.4M

Metropolitan Bank fundamental ratios Correlations

0.510.610.640.980.740.920.65-0.440.870.890.640.420.20.680.640.60.89-0.370.920.890.980.890.120.96-0.64
0.510.880.90.570.390.740.970.40.830.46-0.130.950.87-0.10.97-0.270.77-0.920.510.710.430.46-0.090.51-0.39
0.610.880.970.70.510.810.90.350.860.58-0.110.820.660.130.92-0.180.87-0.760.640.880.510.50.340.66-0.25
0.640.90.970.690.410.820.940.320.910.59-0.080.810.640.180.95-0.150.9-0.790.590.890.580.50.270.63-0.45
0.980.570.70.690.820.940.69-0.340.880.890.540.480.280.620.690.50.91-0.40.970.920.930.90.190.99-0.54
0.740.390.510.410.820.750.46-0.30.620.80.440.340.220.50.460.40.69-0.250.930.650.620.850.120.85-0.21
0.920.740.810.820.940.750.85-0.210.970.830.450.670.480.490.840.370.98-0.660.890.920.860.830.110.9-0.57
0.650.970.90.940.690.460.850.230.930.60.040.930.810.051.0-0.090.88-0.910.610.80.590.55-0.070.62-0.52
-0.440.40.350.32-0.34-0.3-0.210.23-0.06-0.29-0.960.350.42-0.560.28-0.98-0.09-0.31-0.34-0.02-0.51-0.360.2-0.360.29
0.870.830.860.910.880.620.970.93-0.060.790.320.750.560.40.920.230.98-0.760.80.920.820.750.080.82-0.63
0.890.460.580.590.890.80.830.6-0.290.790.450.370.190.650.610.420.83-0.330.880.80.810.90.120.87-0.57
0.64-0.13-0.11-0.080.540.440.450.04-0.960.320.45-0.1-0.20.58-0.020.980.330.060.520.240.690.53-0.230.55-0.43
0.420.950.820.810.480.340.670.930.350.750.37-0.10.96-0.30.91-0.270.69-0.930.440.610.320.31-0.20.44-0.22
0.20.870.660.640.280.220.480.810.420.560.19-0.20.96-0.520.79-0.390.48-0.880.260.380.10.14-0.370.24-0.07
0.68-0.10.130.180.620.50.490.05-0.560.40.650.58-0.3-0.520.070.70.480.20.580.50.730.710.410.61-0.57
0.640.970.920.950.690.460.841.00.280.920.61-0.020.910.790.07-0.140.88-0.90.610.820.570.56-0.010.62-0.5
0.6-0.27-0.18-0.150.50.40.37-0.09-0.980.230.420.98-0.27-0.390.7-0.140.260.220.480.210.670.51-0.090.51-0.4
0.890.770.870.90.910.690.980.88-0.090.980.830.330.690.480.480.880.26-0.680.840.950.830.770.20.86-0.58
-0.37-0.92-0.76-0.79-0.4-0.25-0.66-0.91-0.31-0.76-0.330.06-0.93-0.880.2-0.90.22-0.68-0.34-0.52-0.31-0.290.26-0.320.38
0.920.510.640.590.970.930.890.61-0.340.80.880.520.440.260.580.610.480.84-0.340.850.840.920.170.98-0.4
0.890.710.880.890.920.650.920.8-0.020.920.80.240.610.380.50.820.210.95-0.520.850.830.750.370.89-0.49
0.980.430.510.580.930.620.860.59-0.510.820.810.690.320.10.730.570.670.83-0.310.840.830.850.090.9-0.74
0.890.460.50.50.90.850.830.55-0.360.750.90.530.310.140.710.560.510.77-0.290.920.750.850.030.89-0.64
0.12-0.090.340.270.190.120.11-0.070.20.080.12-0.23-0.2-0.370.41-0.01-0.090.20.260.170.370.090.030.210.24
0.960.510.660.630.990.850.90.62-0.360.820.870.550.440.240.610.620.510.86-0.320.980.890.90.890.21-0.45
-0.64-0.39-0.25-0.45-0.54-0.21-0.57-0.520.29-0.63-0.57-0.43-0.22-0.07-0.57-0.5-0.4-0.580.38-0.4-0.49-0.74-0.640.24-0.45
Click cells to compare fundamentals

Metropolitan Bank Account Relationship Matchups

Metropolitan Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B4.3B7.1B6.3B7.1B4.2B
Short Long Term Debt Total232.2M106.9M102.5M257.7M613.6M644.3M
Other Current Liab(24.8M)(62.4M)(37.2M)5.2B5.7B6.0B
Total Current Liabilities24.8M62.4M37.2M5.5B6.3B6.6B
Total Stockholder Equity299.1M340.8M557.0M575.9M659.0M381.2M
Net Tangible Assets289.4M331.1M547.3M575.9M662.3M695.4M
Property Plant And Equipment Net12.1M13.5M15.1M31.9M77.3M81.2M
Net Debt(179.6M)(802.7M)(2.3B)307K344.2M361.4M
Retained Earnings81.4M120.8M181.4M240.8M316.0M331.8M
Accounts Payable24.8M62.4M37.2M51.0M58.6M32.2M
Cash391.2M864.3M2.4B257.4M269.5M256.0M
Non Current Assets Total283.7M306.0M987.8M1.0B7.0B7.3B
Non Currrent Assets Other(8.9M)(12.2M)(15.0M)(1.0B)5.9B6.2B
Other Assets2.4B2.9B3.1B4.5B80.6M76.6M
Long Term Debt88.2M82.2M57.2M257.7M546.6M573.9M
Cash And Short Term Investments626.2M1.1B2.9B703.2M20.8M19.8M
Net Receivables24.6M40.5M55.1M85.6M87.6M92.0M
Common Stock Shares Outstanding8.3M8.4M9.3M11.2M11.1M9.8M
Short Term Investments234.9M266.1M566.6M445.7M461.2M259.6M
Long Term Debt Total45.2M88.2M82.2M77.8M89.5M59.7M
Liabilities And Stockholders Equity3.4B4.3B7.1B6.3B7.1B4.2B
Non Current Liabilities Total211.6M61.6M57.2M5.7B156.1M148.3M
Capital Surpluse213.5M216.5M218.9M383.0M440.4M220.5M
Other Current Assets34.8M49.2M83.9M343.0M119.6M113.6M
Other Stockholder Equity216.5M218.9M383.0M389.3M395.9M267.4M
Total Liab3.1B4.0B6.6B5.7B6.4B3.8B
Long Term Investments261.8M3.4B963.0M980.3M971.2M829.6M
Property Plant And Equipment Gross12.1M13.5M29.3M48.5M55.8M58.6M
Total Current Assets650.8M1.2B3.0B788.8M20.8M19.8M
Accumulated Other Comprehensive Income1.2M973K(7.5M)(54.3M)(52.9M)(50.3M)
Property Plant Equipment6.9M12.1M13.5M15.1M17.4M10.0M
Earning Assets296.8M658.6M1.2B3.3B3.8B4.0B
Retained Earnings Total Equity51.4M81.4M120.8M181.4M208.6M219.0M
Net Invested Capital510.7M402.4M614.2M833.6M1.2B682.6M

Also Currently Popular

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 Metropolitan Bank Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metropolitan Bank'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 Metropolitan Bank Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metropolitan Bank Holding Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan Bank Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 Metropolitan Bank. If investors know Metropolitan 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 Metropolitan Bank 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
(0.45)
Earnings Share
5.34
Revenue Per Share
23.164
Quarterly Revenue Growth
0.161
Return On Assets
0.0085
The market value of Metropolitan Bank Holding is measured differently than its book value, which is the value of Metropolitan that is recorded on the company's balance sheet. Investors also form their own opinion of Metropolitan Bank's value that differs from its market value or its book value, called intrinsic value, which is Metropolitan Bank'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 Metropolitan Bank's market value can be influenced by many factors that don't directly affect Metropolitan Bank'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 Metropolitan Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metropolitan Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metropolitan Bank'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.