Mid Cash And Short Term Investments vs Non Currrent Assets Other Analysis

MPB Stock  USD 32.07  0.23  0.71%   
Mid Penn financial indicator trend analysis is infinitely more than just investigating Mid Penn Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mid Penn Bancorp is a good investment. Please check the relationship between Mid Penn Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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 american community survey.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mid Penn Bancorp Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mid Penn's Cash And Short Term Investments and Non Currrent Assets Other is -0.16. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Mid Penn Bancorp, assuming nothing else is changed. The correlation between historical values of Mid Penn's Cash And Short Term Investments and Non Currrent Assets Other 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 And Short Term Investments of Mid Penn Bancorp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Mid Penn's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mid Penn Bancorp balance sheet. This account contains Mid Penn investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mid Penn Bancorp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Mid Penn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mid Penn 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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 american community survey.
The current year's Enterprise Value is expected to grow to about 742.3 M, whereas Selling General Administrative is forecasted to decline to about 2.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense14.8M17.8M89.4M93.8M
Depreciation And Amortization6.4M6.5M1.8M1.4M

Mid Penn fundamental ratios Correlations

0.970.920.730.980.940.810.990.80.740.280.980.660.970.970.940.890.970.40.80.260.970.290.890.69-0.22
0.970.920.690.990.960.740.980.760.710.370.990.630.991.00.980.880.990.550.770.290.950.320.950.82-0.28
0.920.920.880.90.850.920.940.920.890.050.920.850.880.930.940.980.90.30.920.070.970.080.840.75-0.41
0.730.690.880.670.580.910.750.991.0-0.410.710.980.640.70.760.90.660.030.99-0.150.84-0.140.650.46-0.5
0.980.990.90.670.960.720.970.740.680.391.00.61.00.990.970.851.00.560.750.330.940.360.950.78-0.23
0.940.960.850.580.960.670.920.670.60.470.950.520.960.960.960.810.960.510.670.230.90.260.850.77-0.3
0.810.740.920.910.720.670.820.930.91-0.240.740.90.690.740.750.930.71-0.090.93-0.120.9-0.110.60.47-0.37
0.990.980.940.750.970.920.820.810.760.260.970.70.960.970.940.910.960.410.820.260.980.280.910.73-0.23
0.80.760.920.990.740.670.930.810.99-0.30.780.950.720.770.820.940.730.081.0-0.150.89-0.120.70.52-0.53
0.740.710.891.00.680.60.910.760.99-0.390.720.970.660.710.770.910.670.050.99-0.160.85-0.150.660.49-0.52
0.280.370.05-0.410.390.47-0.240.26-0.3-0.390.34-0.450.420.370.27-0.040.40.67-0.30.520.120.520.360.460.23
0.980.990.920.711.00.950.740.970.780.720.340.650.990.990.970.871.00.540.790.320.950.360.950.77-0.24
0.660.630.850.980.60.520.90.70.950.97-0.450.650.570.640.70.860.6-0.020.96-0.150.78-0.160.60.43-0.46
0.970.990.880.641.00.960.690.960.720.660.420.990.570.990.960.821.00.590.730.340.920.380.950.78-0.22
0.971.00.930.70.990.960.740.970.770.710.370.990.640.990.980.880.990.550.770.280.950.310.950.82-0.29
0.940.980.940.760.970.960.750.940.820.770.270.970.70.960.980.890.970.530.820.170.940.20.920.81-0.42
0.890.880.980.90.850.810.930.910.940.91-0.040.870.860.820.880.890.840.20.93-0.030.97-0.010.790.7-0.46
0.970.990.90.661.00.960.710.960.730.670.41.00.61.00.990.970.840.570.740.360.930.40.950.77-0.21
0.40.550.30.030.560.51-0.090.410.080.050.670.54-0.020.590.550.530.20.570.110.510.280.50.70.7-0.08
0.80.770.920.990.750.670.930.821.00.99-0.30.790.960.730.770.820.930.740.11-0.090.89-0.070.720.53-0.47
0.260.290.07-0.150.330.23-0.120.26-0.15-0.160.520.32-0.150.340.280.17-0.030.360.51-0.090.120.890.430.140.76
0.970.950.970.840.940.90.90.980.890.850.120.950.780.920.950.940.970.930.280.890.120.150.850.7-0.33
0.290.320.08-0.140.360.26-0.110.28-0.12-0.150.520.36-0.160.380.310.2-0.010.40.5-0.070.890.150.470.160.63
0.890.950.840.650.950.850.60.910.70.660.360.950.60.950.950.920.790.950.70.720.430.850.470.81-0.2
0.690.820.750.460.780.770.470.730.520.490.460.770.430.780.820.810.70.770.70.530.140.70.160.81-0.44
-0.22-0.28-0.41-0.5-0.23-0.3-0.37-0.23-0.53-0.520.23-0.24-0.46-0.22-0.29-0.42-0.46-0.21-0.08-0.470.76-0.330.63-0.2-0.44
Click cells to compare fundamentals

Mid Penn Account Relationship Matchups

Mid Penn fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.5M8.4M10.8M15.9M16.4M17.2M
Total Assets2.2B3.0B4.7B4.5B5.3B5.6B
Short Long Term Debt Total72.5M170.2M166.9M173.7M356.2M374.0M
Total Current Liabilities2.2M2.0M1.8M105.0M3.8B4.0B
Total Stockholder Equity237.9M255.7M490.1M512.1M542.4M569.5M
Property Plant And Equipment Net39.8M38.3M45.4M46.2M48.6M51.0M
Net Debt42.1M98.1M(20.2M)115.9M276.1M289.9M
Retained Earnings50.9M70.2M91.0M133.1M146.0M153.3M
Accounts Payable2.2M2.0M1.8M2.3M14.3M15.0M
Non Currrent Assets Other(2.8M)(3.6M)(10.8M)(13.7M)4.3B4.6B
Other Assets1.9B2.7B3.9B3.4B293K278.4K
Common Stock Total Equity8.5M8.5M16.1M16.1M18.5M19.4M
Liabilities And Stockholders Equity2.2B3.0B4.7B4.5B5.3B5.6B
Non Current Liabilities Total72.5M130.9M166.9M105.0M4.7B5.0B
Other Stockholder Equity178.2M177.1M382.8M382.1M396.0M415.8M
Total Liab2.0B2.7B4.2B4.0B4.7B5.0B
Property Plant And Equipment Gross39.8M38.3M62.8M46.2M74.7M78.5M
Accumulated Other Comprehensive Income343K(57K)158K(19.2M)(16.6M)(15.8M)
Short Term Debt29.9M125.6M72.6M105.3M241.5M253.6M
Common Stock8.5M8.5M16.1M16.1M17.0M17.8M
Cash30.4M32.8M187.1M57.8M45.4M38.7M
Non Current Assets Total281.9M240.1M561.3M805.5M5.2B5.4B
Cash And Short Term Investments67.4M39.1M250.5M296.1M96.8M104.9M
Net Receivables8.0M13.0M11.3M18.4M25.8M27.1M
Total Current Assets75.4M52.1M261.8M314.5M122.6M114.6M
Other Liab6.2M10.2M42.4M31.5M36.2M38.0M
Long Term Debt27.1M119.7M152.2M61.4M102.2M107.3M
Short Term Investments37.0M6.3M63.4M238.3M438K416.1K
Inventory(147.2M)(316.8M)(929.0M)(80.6M)19.6M20.6M
Property Plant Equipment25.1M38.3M33.2M34.5M39.6M41.6M
Other Current Liab(2.2M)(2.0M)69.1M(107.6M)3.5B3.7B
Other Current Assets147.2M316.8M929.0M80.6M122.9M116.7M
Intangible Assets5.8M4.4M9.4M7.3M6.5M6.8M
Net Tangible Assets169.3M188.5M366.8M390.6M449.2M471.7M
Retained Earnings Total Equity50.9M70.2M91.0M133.1M153.1M160.7M
Capital Surpluse178.2M178.9M384.7M387.0M445.0M467.3M
Long Term Investments1.9B134.6M3.5B637.8M623.1M1.1B
Non Current Liabilities Other18.7M21.4M114.3M98.2M112.9M118.5M

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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 Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn'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 Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn 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 american community survey.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Mid Penn. If investors know Mid 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 Mid Penn 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
0.328
Dividend Share
0.8
Earnings Share
2.91
Revenue Per Share
10.457
Quarterly Revenue Growth
0.1
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.