Prosperity Payout Ratio vs Payables Turnover Analysis
PB Stock | USD 83.73 0.44 0.52% |
Prosperity Bancshares financial indicator trend analysis is much more than just breaking down Prosperity Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prosperity Bancshares is a good investment. Please check the relationship between Prosperity Bancshares Payout Ratio and its Payables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. 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. For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
Payout Ratio vs Payables Turnover
Payout Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prosperity Bancshares Payout Ratio account and Payables Turnover. At this time, the significance of the direction appears to have strong relationship.
The correlation between Prosperity Bancshares' Payout Ratio and Payables Turnover is 0.72. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Prosperity Bancshares, assuming nothing else is changed. The correlation between historical values of Prosperity Bancshares' Payout Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Prosperity Bancshares are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Payout Ratio i.e., Prosperity Bancshares' Payout Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Payout Ratio
Payout Ratio is the proportion of Prosperity Bancshares earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Prosperity Bancshares dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Prosperity Bancshares is paying out more in dividends than it makes in net income.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Prosperity Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prosperity Bancshares 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 Prosperity Bancshares. 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. For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.At present, Prosperity Bancshares' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 7.6 B, whereas Tax Provision is forecasted to decline to about 98.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 53.6M | 89.6M | 488.1M | 512.5M | Depreciation And Amortization | 29.6M | 28.3M | 31.0M | 15.8M |
Prosperity Bancshares fundamental ratios Correlations
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Prosperity Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prosperity Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.2B | 34.1B | 37.8B | 37.7B | 38.5B | 40.5B | |
Short Long Term Debt Total | 2.7B | 446.6M | 497.5M | 1.9B | 3.7B | 3.9B | |
Other Current Liab | (1.3B) | 382.7M | 445.6M | (4.5M) | 13.8B | 14.5B | |
Total Current Liabilities | 1.3B | 3.5M | 1.3M | 1.9B | 13.9B | 14.5B | |
Total Stockholder Equity | 6.0B | 6.1B | 6.4B | 6.7B | 7.1B | 7.4B | |
Property Plant And Equipment Net | 326.8M | 323.6M | 319.8M | 339.5M | 406.8M | 427.1M | |
Net Debt | 855.9M | (896.4M) | (2.1B) | 1.4B | 3.3B | 3.4B | |
Retained Earnings | 2.1B | 2.4B | 2.7B | 3.1B | 3.3B | 3.4B | |
Accounts Payable | 8.6M | 3.5M | 1.3M | 4.5M | 34.8M | 36.6M | |
Cash | 573.6M | 1.3B | 2.5B | 423.8M | 458.2M | 407.1M | |
Non Current Assets Total | 12.2B | 12.2B | 16.4B | 18.1B | 38.1B | 40.0B | |
Non Currrent Assets Other | (91.9M) | (97.4M) | (79.2M) | (77.7M) | 21.4B | 22.5B | |
Other Assets | 19.0B | 19.8B | 18.3B | 18.6B | (60.6M) | (57.6M) | |
Cash And Short Term Investments | 861.3M | 2.0B | 3.1B | 880.3M | 458.4M | 532.9M | |
Net Receivables | 80.8M | 82.1M | 66.0M | 88.4M | 96.3M | 101.1M | |
Common Stock Shares Outstanding | 73.5M | 93.1M | 92.7M | 91.6M | 92.9M | 53.3M | |
Liabilities And Stockholders Equity | 32.2B | 34.1B | 37.8B | 37.7B | 38.5B | 40.5B | |
Non Current Liabilities Total | 1.4B | 18.4B | 20.3B | 1.9B | 17.7B | 18.6B | |
Other Stockholder Equity | 3.7B | 3.6B | 3.6B | 3.5B | 3.7B | 3.9B | |
Total Liab | 26.2B | 3.5M | 1.3M | 31.0B | 31.5B | 33.0B | |
Total Current Assets | 942.0M | 2.1B | 3.1B | 968.8M | 554.7M | 527.0M | |
Other Current Assets | 661.8M | 1.4B | 2.6B | 514.5M | 556.4M | 528.6M | |
Property Plant And Equipment Gross | 326.8M | 323.6M | 473.0M | 507.0M | 553.3M | 581.0M | |
Common Stock Total Equity | 69.8M | 94.7M | 92.6M | 92.2M | 106.0M | 53.7M | |
Accumulated Other Comprehensive Income | 602K | 769K | 1.8M | (3.5M) | (1.4M) | (1.3M) | |
Short Term Debt | 1.3B | 389.6M | 448.1M | 1.9B | 4.0B | 4.2B | |
Common Stock | 94.7M | 92.6M | 92.2M | 91.3M | 93.7M | 57.5M | |
Other Liab | 140.6M | 178.5M | 186.9M | 127.0M | 146.0M | 73.0M | |
Long Term Debt | 1.0B | 1.4B | 0.0 | 1.9B | 3.7B | 3.9B | |
Short Term Investments | 287.7M | 651.5M | 514.9M | 456.5M | 438.6M | 332.3M | |
Intangible Assets | 86.4M | 73.2M | 61.7M | 51.3M | 64.0M | 44.8M | |
Property Plant Equipment | 326.8M | 323.6M | 319.8M | 339.5M | 390.4M | 195.2M | |
Inventory | (661.8M) | (1.4B) | (2.6B) | (514.5M) | 361.8M | 379.9M | |
Net Tangible Assets | 2.7B | 2.8B | 3.1B | 3.4B | 3.9B | 2.2B | |
Retained Earnings Total Equity | 1.9B | 2.1B | 2.4B | 2.7B | 3.1B | 3.3B | |
Capital Surpluse | 3.7B | 3.6B | 3.6B | 3.5B | 4.1B | 2.6B | |
Long Term Investments | 18.8B | 19.9B | 12.8B | 14.5B | 12.8B | 12.2B | |
Non Current Liabilities Other | 348.7M | 577.0M | 564.7M | 633.7M | 728.8M | 432.2M |
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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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. 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. For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Prosperity Bancshares. If investors know Prosperity 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 Prosperity Bancshares 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 0.116 | Dividend Share 2.24 | Earnings Share 4.69 | Revenue Per Share 12.146 | Quarterly Revenue Growth 0.088 |
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' 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 Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' 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 Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' 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.