Ohio Non Operating Income Net Other vs Interest Income Analysis

OVBC Stock  USD 26.74  0.02  0.07%   
Ohio Valley financial indicator trend analysis is much more than just breaking down Ohio Valley Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ohio Valley Banc is a good investment. Please check the relationship between Ohio Valley Non Operating Income Net Other and its Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. 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.

Non Operating Income Net Other vs Interest Income

Non Operating Income Net Other vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ohio Valley Banc Non Operating Income Net Other account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ohio Valley's Non Operating Income Net Other and Interest Income is -0.67. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Interest Income in the same time period over historical financial statements of Ohio Valley Banc, assuming nothing else is changed. The correlation between historical values of Ohio Valley's Non Operating Income Net Other and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Ohio Valley Banc are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Non Operating Income Net Other i.e., Ohio Valley's Non Operating Income Net Other and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Non Operating Income Net Other

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Ohio Valley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ohio Valley Banc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. 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.
The current year's Enterprise Value is expected to grow to about 132.6 M, whereas Selling General Administrative is forecasted to decline to about 18.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M2.8M15.8M10.2M
Depreciation And Amortization1.5M1.5M1.6M840.2K

Ohio Valley fundamental ratios Correlations

0.60.770.760.970.91-0.670.870.670.720.35-0.060.070.830.680.770.060.72-0.080.66-0.09-0.70.760.95-0.510.92
0.60.650.720.60.46-0.210.560.090.410.360.290.210.420.370.610.070.590.40.360.22-0.590.740.760.00.74
0.770.650.60.750.55-0.450.690.290.540.140.150.30.570.30.460.080.320.090.310.32-0.320.490.81-0.170.88
0.760.720.60.720.74-0.530.620.470.620.23-0.150.220.540.770.77-0.150.79-0.110.5-0.08-0.810.830.72-0.310.75
0.970.60.750.720.94-0.610.830.60.650.22-0.20.160.780.620.78-0.060.77-0.190.59-0.1-0.720.750.93-0.530.93
0.910.460.550.740.94-0.690.80.750.690.3-0.34-0.040.790.760.85-0.040.85-0.390.7-0.42-0.790.780.82-0.740.79
-0.67-0.21-0.45-0.53-0.61-0.69-0.66-0.81-0.97-0.440.160.26-0.84-0.54-0.65-0.19-0.520.26-0.550.360.52-0.55-0.530.57-0.51
0.870.560.690.620.830.8-0.660.770.760.630.12-0.150.920.480.830.230.64-0.080.87-0.26-0.650.80.86-0.650.86
0.670.090.290.470.60.75-0.810.770.790.59-0.11-0.40.850.620.70.210.57-0.370.85-0.61-0.580.610.53-0.80.48
0.720.410.540.620.650.69-0.970.760.790.580.0-0.260.890.540.740.260.57-0.110.64-0.32-0.580.680.64-0.540.61
0.350.360.140.230.220.3-0.440.630.590.580.56-0.670.610.320.470.60.260.330.8-0.47-0.280.490.44-0.480.26
-0.060.290.15-0.15-0.2-0.340.160.12-0.110.00.56-0.220.03-0.24-0.190.47-0.350.810.150.290.27-0.020.140.290.02
0.070.210.30.220.16-0.040.26-0.15-0.4-0.26-0.67-0.22-0.27-0.14-0.08-0.810.04-0.02-0.470.68-0.06-0.030.060.520.24
0.830.420.570.540.780.79-0.840.920.850.890.610.03-0.270.450.820.30.64-0.150.8-0.32-0.660.760.77-0.660.75
0.680.370.30.770.620.76-0.540.480.620.540.32-0.24-0.140.450.610.010.69-0.150.58-0.42-0.630.580.59-0.490.46
0.770.610.460.770.780.85-0.650.830.70.740.47-0.19-0.080.820.610.030.92-0.250.77-0.38-0.920.940.73-0.620.75
0.060.070.08-0.15-0.06-0.04-0.190.230.210.260.60.47-0.810.30.010.03-0.140.350.35-0.180.120.060.15-0.20.02
0.720.590.320.790.770.85-0.520.640.570.570.26-0.350.040.640.690.92-0.14-0.30.61-0.37-0.980.910.67-0.520.67
-0.080.40.09-0.11-0.19-0.390.26-0.08-0.37-0.110.330.81-0.02-0.15-0.15-0.250.35-0.3-0.110.530.26-0.090.140.6-0.03
0.660.360.310.50.590.7-0.550.870.850.640.80.15-0.470.80.580.770.350.61-0.11-0.59-0.610.730.64-0.770.56
-0.090.220.32-0.08-0.1-0.420.36-0.26-0.61-0.32-0.470.290.68-0.32-0.42-0.38-0.18-0.370.53-0.590.3-0.250.00.840.12
-0.7-0.59-0.32-0.81-0.72-0.790.52-0.65-0.58-0.58-0.280.27-0.06-0.66-0.63-0.920.12-0.980.26-0.610.3-0.94-0.640.45-0.67
0.760.740.490.830.750.78-0.550.80.610.680.49-0.02-0.030.760.580.940.060.91-0.090.73-0.25-0.940.77-0.470.78
0.950.760.810.720.930.82-0.530.860.530.640.440.140.060.770.590.730.150.670.140.640.0-0.640.77-0.410.94
-0.510.0-0.17-0.31-0.53-0.740.57-0.65-0.8-0.54-0.480.290.52-0.66-0.49-0.62-0.2-0.520.6-0.770.840.45-0.47-0.41-0.36
0.920.740.880.750.930.79-0.510.860.480.610.260.020.240.750.460.750.020.67-0.030.560.12-0.670.780.94-0.36
Click cells to compare fundamentals

Ohio Valley Account Relationship Matchups

Ohio Valley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B1.2B1.2B1.4B890.4M
Short Long Term Debt Total50.0M42.9M31.4M30.2M54.3M44.2M
Other Current Liab748.5M943.3M697.7M670.0M754.6M675.1M
Total Current Liabilities756.0M949.8M701.0M673.8M762.6M559.7M
Total Stockholder Equity128.2M136.3M141.4M135.0M144.0M86.4M
Property Plant And Equipment Net20.3M22.2M21.9M21.7M22.7M13.0M
Net Debt(11.2M)(103.6M)(125.1M)(20.1M)(73.8M)(70.1M)
Retained Earnings86.8M93.0M100.7M109.3M114.9M120.6M
Accounts Payable17.7M20.1M993.7M1.1B953.9M1.0B
Cash54.7M140.8M154.4M47.9M128.1M134.5M
Non Current Assets Total145.1M152.0M216.6M222.4M1.2B1.3B
Non Currrent Assets Other(145.1M)(152.0M)(216.6M)(6.3M)1.0B1.1B
Other Assets705.6M778.5M699.1M753.4M(50.2M)(47.7M)
Cash And Short Term Investments160.0M253.1M331.4M231.9M290.4M304.9M
Net Receivables2.6M3.3M2.7M3.1M3.6M2.2M
Common Stock Shares Outstanding4.8M4.8M4.8M4.8M4.8M4.9M
Liabilities And Stockholders Equity1.0B1.2B1.2B1.2B1.4B890.4M
Non Current Liabilities Total43.5M37.2M29.3M27.7M445.6M467.8M
Total Liab43.5M37.2M29.3M27.7M1.2B646.6M
Property Plant And Equipment Gross20.3M22.2M21.9M38.2M40.3M42.3M
Total Current Assets162.6M256.4M334.1M235.0M132.3M125.7M
Accumulated Other Comprehensive Income528K2.4M708K(14.8M)(11.4M)(10.9M)
Short Term Debt7.5M6.5M3.3M3.8M8.0M11.1M
Common Stock Total Equity5.4M5.4M5.4M5.5M6.3M5.1M
Other Current Assets58.5M144.8M157.5M51.6M132.3M125.7M
Common Stock5.4M5.4M5.4M5.5M5.5M5.1M
Other Liab15.8M17.7M19.6M19.2M22.1M12.6M
Long Term Debt42.5M36.4M28.1M26.4M53.1M35.4M
Short Term Investments105.3M112.3M177M184.1M162.3M170.4M
Inventory(58.5M)(144.8M)(157.5M)(51.6M)(131.7M)(125.1M)
Intangible Assets174K112K64K29K8K7.6K
Property Plant Equipment19.2M22.2M21.9M20.4M23.5M13.1M
Net Tangible Assets120.7M128.9M134.0M127.7M146.8M111.6M
Retained Earnings Total Equity86.8M93.0M100.7M109.3M125.7M82.0M
Long Term Debt Total42.5M36.4M28.1M26.4M30.4M39.1M
Capital Surpluse47.9M49.5M51.2M51.7M59.5M47.9M
Long Term Investments886.4M122.3M187.3M196.4M170.2M161.7M

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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 Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley'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 Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for 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 Ohio Valley. If investors know Ohio 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 Ohio Valley 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
0.224
Dividend Share
0.88
Earnings Share
2.47
Revenue Per Share
12.065
Quarterly Revenue Growth
0.112
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley'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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley'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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley'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.