Preferred Short Long Term Debt Total vs Total Assets Analysis

PFBC Stock  USD 94.33  1.37  1.43%   
Preferred Bank financial indicator trend analysis is much more than just breaking down Preferred Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Preferred Bank is a good investment. Please check the relationship between Preferred Bank Short Long Term Debt Total and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preferred Bank. 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 Preferred Stock refer to our How to Trade Preferred Stock guide.

Short Long Term Debt Total vs Total Assets

Short Long Term Debt Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Preferred Bank Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Preferred Bank's Short Long Term Debt Total and Total Assets is 0.86. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Preferred Bank, assuming nothing else is changed. The correlation between historical values of Preferred Bank's Short Long Term Debt Total 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 Short Long Term Debt Total of Preferred Bank 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 Short Long Term Debt Total i.e., Preferred Bank's Short Long Term Debt Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Total Assets

Total assets refers to the total amount of Preferred Bank 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 Preferred Bank 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 Preferred Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Preferred Bank 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 Preferred Bank. 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 Preferred Stock refer to our How to Trade Preferred Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Selling General Administrative is forecasted to decline to about 26 M.
 2021 2022 2023 2024 (projected)
Interest Expense25.2M47.0M188.6M198.0M
Depreciation And Amortization1.9M1.9M1.7M1.7M

Preferred Bank fundamental ratios Correlations

0.99-0.940.970.180.80.4-0.721.00.950.810.96-0.390.83-0.19-0.950.670.920.860.580.910.630.540.890.690.75
0.99-0.940.970.120.770.41-0.730.990.960.790.97-0.410.79-0.25-0.930.680.940.820.630.920.670.590.910.70.77
-0.94-0.94-0.99-0.17-0.85-0.40.66-0.94-0.94-0.85-0.90.37-0.760.140.93-0.66-0.9-0.8-0.53-0.9-0.58-0.48-0.8-0.67-0.72
0.970.97-0.990.160.830.38-0.670.970.960.840.92-0.370.79-0.17-0.950.650.920.820.560.910.610.520.840.670.76
0.180.12-0.170.160.590.460.10.19-0.10.49-0.06-0.230.440.87-0.280.370.090.44-0.690.16-0.65-0.73-0.20.35-0.38
0.80.77-0.850.830.590.58-0.50.80.680.90.65-0.420.850.34-0.840.730.730.880.070.760.130.010.480.730.36
0.40.41-0.40.380.460.58-0.210.40.280.450.19-0.940.470.32-0.350.920.270.47-0.10.29-0.08-0.120.120.910.12
-0.72-0.730.66-0.670.1-0.5-0.21-0.72-0.76-0.5-0.750.24-0.510.410.62-0.42-0.63-0.51-0.61-0.6-0.63-0.59-0.74-0.44-0.62
1.00.99-0.940.970.190.80.4-0.720.950.820.95-0.390.84-0.19-0.960.670.920.870.580.910.620.530.880.690.75
0.950.96-0.940.96-0.10.680.28-0.760.950.70.97-0.340.7-0.41-0.880.570.910.730.760.880.80.730.920.590.86
0.810.79-0.850.840.490.90.45-0.50.820.70.69-0.280.840.13-0.890.670.770.870.190.790.230.140.610.680.51
0.960.97-0.90.92-0.060.650.19-0.750.950.970.69-0.220.71-0.4-0.880.50.930.750.750.910.790.710.960.520.8
-0.39-0.410.37-0.37-0.23-0.42-0.940.24-0.39-0.34-0.28-0.22-0.32-0.140.28-0.83-0.27-0.32-0.08-0.27-0.09-0.06-0.17-0.84-0.22
0.830.79-0.760.790.440.850.47-0.510.840.70.840.71-0.320.1-0.90.690.690.990.250.70.30.20.610.690.55
-0.19-0.250.14-0.170.870.340.320.41-0.19-0.410.13-0.4-0.140.10.10.11-0.210.1-0.88-0.13-0.85-0.91-0.570.08-0.68
-0.95-0.930.93-0.95-0.28-0.84-0.350.62-0.96-0.88-0.89-0.880.28-0.90.1-0.63-0.86-0.92-0.47-0.86-0.51-0.42-0.8-0.65-0.73
0.670.68-0.660.650.370.730.92-0.420.670.570.670.5-0.830.690.11-0.630.540.70.180.550.210.150.441.00.4
0.920.94-0.90.920.090.730.27-0.630.920.910.770.93-0.270.69-0.21-0.860.540.760.591.00.640.550.870.560.71
0.860.82-0.80.820.440.880.47-0.510.870.730.870.75-0.320.990.1-0.920.70.760.270.770.320.220.640.70.56
0.580.63-0.530.56-0.690.07-0.1-0.610.580.760.190.75-0.080.25-0.88-0.470.180.590.270.531.01.00.830.210.87
0.910.92-0.90.910.160.760.29-0.60.910.880.790.91-0.270.7-0.13-0.860.551.00.770.530.570.480.840.570.67
0.630.67-0.580.61-0.650.13-0.08-0.630.620.80.230.79-0.090.3-0.85-0.510.210.640.321.00.570.990.850.240.88
0.540.59-0.480.52-0.730.01-0.12-0.590.530.730.140.71-0.060.2-0.91-0.420.150.550.221.00.480.990.80.180.85
0.890.91-0.80.84-0.20.480.12-0.740.880.920.610.96-0.170.61-0.57-0.80.440.870.640.830.840.850.80.470.84
0.690.7-0.670.670.350.730.91-0.440.690.590.680.52-0.840.690.08-0.651.00.560.70.210.570.240.180.470.43
0.750.77-0.720.76-0.380.360.12-0.620.750.860.510.8-0.220.55-0.68-0.730.40.710.560.870.670.880.850.840.43
Click cells to compare fundamentals

Preferred Bank Account Relationship Matchups

Preferred Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B6.0B6.4B6.7B7.0B
Total Stockholder Equity470.0M525.4M586.7M630.4M695.1M729.9M
Net Debt(378.9M)(621.4M)(860.0M)(578.6M)(742.9M)(705.7M)
Cash498.6M739.5M1.0B747.5M910.9M956.4M
Other Assets3.5B3.8B4.0B4.7B(910.9M)(865.3M)
Cash And Short Term Investments739.3M979.1M1.5B1.2B910.9M477.7M
Common Stock Shares Outstanding15.1M14.9M14.9M14.8M14.3M10.4M
Liabilities And Stockholders Equity4.6B5.1B6.0B6.4B6.7B7.0B
Other Stockholder Equity116K6.6M(2.0M)(26.9M)(76.3M)(72.5M)
Total Liab4.2B4.6B5.5B5.8B6.0B6.3B
Total Current Assets757.6M1.0B1.5B1.2B1.9B2.0B
Other Liab36.8M53.3M54.2M38.6M44.4M25.1M
Retained Earnings255.1M301.0M373.0M475.1M592.3M621.9M
Accounts Payable3.3M1.2M715K2.6M16.1M15.3M
Long Term Debt99.2M99.3M147.8M148.0M148.2M74.5M
Short Term Investments240.6M239.7M451.9M428.3M(319.7M)(303.7M)
Inventory(561.4M)(786.8M)(1.1B)(814.8M)(947.1M)(899.8M)
Property Plant Equipment29.3M27.9M32.5M30.7M35.3M37.1M
Short Long Term Debt Total119.7M118.0M170.6M168.9M168.0M85.0M
Total Current Liabilities3.3M1.2M715K2.6M5.7B5.9B
Property Plant And Equipment Net29.3M27.9M32.5M30.7M31.7M33.3M
Non Current Assets Total330.4M336.7M557.4M542.6M5.7B6.0B
Non Currrent Assets Other(330.4M)(336.7M)(557.4M)(542.6M)5.5B5.8B
Net Receivables18.3M23.7M14.6M23.6M36.3M38.1M
Non Current Liabilities Total119.7M118.0M170.6M2.6M327.8M344.2M
Property Plant And Equipment Gross29.3M27.9M47.9M47.9M50.6M53.1M
Accumulated Other Comprehensive Income4.0M7.0M4.9M(28.6M)(31.8M)(30.2M)
Short Term Debt2.9M3.8M4.0M4.4M4.9M7.5M
Other Current Liab(3.3M)(5.0M)(4.7M)(7.0M)5.6B5.9B
Net Tangible Assets470.0M522.8M583.7M630.4M725.0M461.5M
Other Current Assets561.4M786.8M1.1B814.8M964.2M642.9M
Long Term Investments301.1M308.8M524.9M511.9M400.3M344.1M
Current Deferred Revenue438K(2.5M)(3.3M)(1.8M)(16.1M)(15.3M)

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 Preferred Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preferred 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 Preferred Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preferred Bank Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preferred Bank. 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 Preferred Stock refer to our How to Trade Preferred Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Preferred Bank. If investors know Preferred 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 Preferred 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
(0.09)
Dividend Share
2.8
Earnings Share
9.99
Revenue Per Share
19.356
Quarterly Revenue Growth
(0.05)
The market value of Preferred Bank is measured differently than its book value, which is the value of Preferred that is recorded on the company's balance sheet. Investors also form their own opinion of Preferred Bank's value that differs from its market value or its book value, called intrinsic value, which is Preferred 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 Preferred Bank's market value can be influenced by many factors that don't directly affect Preferred 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 Preferred Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preferred Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preferred 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.