Peoples Other Current Liab vs Total Assets Analysis
PEBO Stock | USD 35.08 0.13 0.37% |
Peoples Bancorp financial indicator trend analysis is much more than just breaking down Peoples Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peoples Bancorp is a good investment. Please check the relationship between Peoples Bancorp Other Current Liab and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peoples 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. To learn how to invest in Peoples Stock, please use our How to Invest in Peoples Bancorp guide.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peoples Bancorp Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Peoples Bancorp's Other Current Liab and Total Assets is 0.68. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Peoples Bancorp, assuming nothing else is changed. The correlation between historical values of Peoples Bancorp's Other Current Liab and Total 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 Other Current Liab of Peoples Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Peoples Bancorp's Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Total Assets
Total assets refers to the total amount of Peoples Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Peoples Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Peoples Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peoples 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peoples 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. To learn how to invest in Peoples Stock, please use our How to Invest in Peoples Bancorp guide.At this time, Peoples Bancorp's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 12.35, while Tax Provision is likely to drop about 16.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 12.2M | 16.1M | 100.0M | 105.0M | Depreciation And Amortization | 10.9M | 14.8M | 18.9M | 19.9M |
Peoples Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Peoples Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peoples Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4B | 4.8B | 7.1B | 7.2B | 9.2B | 9.6B | |
Short Long Term Debt Total | 400.1M | 183.8M | 266.0M | 601.2M | 585.2M | 298.5M | |
Other Current Liab | (317.0M) | (20M) | (55M) | (400M) | 5.3B | 5.6B | |
Total Current Liabilities | 317.0M | 73.3M | 166.5M | 400M | 5.7B | 6.0B | |
Total Stockholder Equity | 594.4M | 575.7M | 845.2M | 785.3M | 1.1B | 1.1B | |
Property Plant And Equipment Net | 61.8M | 60.1M | 89.3M | 82.9M | 115.5M | 121.3M | |
Net Debt | 284.9M | 31.7M | (151.9M) | 447.2M | 158.5M | 214.8M | |
Retained Earnings | 187.1M | 190.7M | 207.3M | 265.9M | 327.2M | 343.6M | |
Cash | 115.2M | 152.1M | 417.9M | 154.0M | 426.7M | 448.1M | |
Non Current Assets Total | 1.3B | 1.1B | 2.1B | 2.2B | 8.7B | 9.1B | |
Non Currrent Assets Other | 1.4M | (1.3M) | 11.6M | 127.1M | 6.4B | 6.7B | |
Other Assets | 2.1B | 2.8B | 3.2B | 3.4B | (1.2B) | (1.1B) | |
Cash And Short Term Investments | 1.1B | 905.1M | 1.7B | 1.3B | 1.5B | 1.5B | |
Common Stock Shares Outstanding | 20.3M | 19.8M | 22.0M | 28.0M | 32.8M | 34.4M | |
Liabilities And Stockholders Equity | 4.4B | 4.8B | 7.1B | 7.2B | 9.2B | 9.6B | |
Non Current Liabilities Total | 83.1M | 110.6M | 99.5M | 400M | 8.1B | 8.5B | |
Other Stockholder Equity | (12.2M) | (38.9M) | (36.7M) | (39.9M) | (37.3M) | (35.5M) | |
Total Liab | 3.8B | 4.2B | 6.2B | 6.4B | 8.1B | 8.5B | |
Property Plant And Equipment Gross | 61.8M | 60.1M | 157.5M | 158.1M | 186.6M | 196.0M | |
Total Current Assets | 1.1B | 905.1M | 1.8B | 1.6B | 467.2M | 443.9M | |
Short Term Debt | 317.0M | 20M | 55M | 400M | 369M | 387.5M | |
Accumulated Other Comprehensive Income | (1.4M) | 1.3M | (11.6M) | (127.1M) | (101.6M) | (96.5M) | |
Common Stock Total Equity | 386.8M | 420.9M | 422.5M | 686.3M | 789.2M | 828.7M | |
Common Stock | 420.9M | 422.5M | 686.3M | 686.5M | 865.2M | 908.5M | |
Accounts Payable | 3.3B | 3.9B | 5.9B | 5.7B | 6.6B | 6.9B | |
Long Term Debt | 83.1M | 110.6M | 99.5M | 101.1M | 216.2M | 147.2M | |
Good Will | 166.0M | 171.3M | 269.8M | 292.4M | 362.2M | 380.3M | |
Short Term Investments | 936.1M | 753.0M | 1.3B | 1.1B | 1.0B | 1.1B | |
Inventory | 227K | 134K | (442.7M) | (186.1M) | (291.5M) | (277.0M) | |
Treasury Stock | (14.1M) | (12.2M) | (38.9M) | (36.7M) | (33.0M) | (31.4M) | |
Intangible Assets | 11.8M | 13.3M | 26.8M | 33.9M | 50.0M | 52.5M | |
Property Plant Equipment | 61.8M | 60.1M | 89.3M | 89.8M | 103.2M | 108.4M | |
Other Current Assets | 115.4M | 165.8M | 442.7M | 186.1M | 467.2M | 754.4M | |
Net Tangible Assets | 416.9M | 391.1M | 548.6M | 460.8M | 529.9M | 340.9M | |
Retained Earnings Total Equity | 160.3M | 187.1M | 190.7M | 207.1M | 238.1M | 137.5M | |
Long Term Debt Total | 109.6M | 83.1M | 110.6M | 99.5M | 89.5M | 101.8M | |
Long Term Investments | 2.9B | 3.4B | 1.7B | 1.7B | 1.8B | 2.2B | |
Non Current Liabilities Other | 50.0M | 68.3M | 90.8M | 90.0M | 103.5M | 108.7M |
Pair Trading with Peoples Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Peoples Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Peoples Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Peoples Stock
Moving against Peoples Stock
0.69 | CFG-PE | Citizens Financial | PairCorr |
0.61 | TFC-PR | Truist Financial | PairCorr |
0.6 | TFC-PO | Truist Financial | PairCorr |
The ability to find closely correlated positions to Peoples Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peoples Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Peoples Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Peoples Bancorp to buy it.
The correlation of Peoples Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Peoples Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peoples Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Peoples Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peoples 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. To learn how to invest in Peoples Stock, please use our How to Invest in Peoples Bancorp guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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 Peoples Bancorp. If investors know Peoples 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 Peoples Bancorp 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 (0.01) | Dividend Share 1.59 | Earnings Share 3.52 | Revenue Per Share 12.327 | Quarterly Revenue Growth (0.05) |
The market value of Peoples Bancorp is measured differently than its book value, which is the value of Peoples that is recorded on the company's balance sheet. Investors also form their own opinion of Peoples Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Peoples Bancorp'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 Peoples Bancorp's market value can be influenced by many factors that don't directly affect Peoples Bancorp'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 Peoples Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peoples Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peoples Bancorp'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.