Premier Short Term Investments vs Earning Assets Analysis

PFC Stock  USD 28.66  0.85  3.06%   
Premier Financial financial indicator trend analysis is much more than just breaking down Premier Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier Financial Corp is a good investment. Please check the relationship between Premier Financial Short Term Investments and its Earning Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Short Term Investments vs Earning Assets

Short Term Investments vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Financial Corp Short Term Investments account and Earning Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Premier Financial's Short Term Investments and Earning Assets is 0.79. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Premier Financial Corp, assuming nothing else is changed. The correlation between historical values of Premier Financial's Short Term Investments and Earning 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 Term Investments of Premier Financial Corp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Short Term Investments i.e., Premier Financial's Short Term Investments and Earning Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Premier Financial balance sheet. It contains any investments Premier Financial Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Premier Financial Corp can easily liquidate in the marketplace.

Earning Assets

Most indicators from Premier Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier Financial Corp 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 Premier Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At present, Premier Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense16.2M34.8M148.4M155.8M
Depreciation And Amortization12.5M11.1M15.1M15.8M

Premier Financial fundamental ratios Correlations

0.7-0.050.950.980.710.590.960.990.220.740.490.320.530.98-0.170.970.630.740.620.690.520.980.98-0.580.96
0.7-0.180.740.570.470.950.750.710.020.640.520.070.150.73-0.240.570.930.740.240.980.890.650.65-0.310.61
-0.05-0.18-0.330.00.23-0.28-0.14-0.090.39-0.51-0.660.670.6-0.17-0.250.02-0.310.030.33-0.220.01-0.08-0.080.350.03
0.950.74-0.330.90.570.690.950.960.010.890.720.030.270.98-0.070.880.760.70.390.760.560.940.94-0.630.88
0.980.570.00.90.730.440.920.980.280.680.410.370.590.95-0.170.980.50.690.680.550.380.970.97-0.580.96
0.710.470.230.570.730.260.690.720.630.390.180.440.510.65-0.560.680.360.720.50.370.350.650.65-0.260.65
0.590.95-0.280.690.440.260.650.59-0.290.620.55-0.050.030.65-0.030.450.930.570.10.980.90.550.55-0.350.51
0.960.75-0.140.950.920.690.650.960.150.790.590.20.420.95-0.290.870.710.830.480.730.590.910.91-0.620.89
0.990.71-0.090.960.980.720.590.960.230.790.550.240.460.99-0.210.960.660.770.560.690.520.980.98-0.540.94
0.220.020.390.010.280.63-0.290.150.23-0.11-0.250.450.40.12-0.620.25-0.130.40.42-0.12-0.110.170.170.190.21
0.740.64-0.510.890.680.390.620.790.79-0.110.94-0.4-0.140.82-0.080.660.770.630.00.650.460.780.78-0.370.65
0.490.52-0.660.720.410.180.550.590.55-0.250.94-0.65-0.450.6-0.070.380.720.48-0.320.530.380.530.53-0.260.36
0.320.070.670.030.370.44-0.050.20.240.45-0.4-0.650.910.19-0.160.38-0.20.120.80.040.10.220.22-0.280.37
0.530.150.60.270.590.510.030.420.460.4-0.14-0.450.910.39-0.080.59-0.090.320.910.130.130.470.47-0.390.65
0.980.73-0.170.980.950.650.650.950.990.120.820.60.190.39-0.110.950.70.690.50.740.550.980.98-0.570.91
-0.17-0.24-0.25-0.07-0.17-0.56-0.03-0.29-0.21-0.62-0.08-0.07-0.16-0.08-0.11-0.05-0.18-0.630.0-0.07-0.22-0.07-0.07-0.13-0.06
0.970.570.020.880.980.680.450.870.960.250.660.380.380.590.95-0.050.50.610.690.570.390.980.98-0.520.96
0.630.93-0.310.760.50.360.930.710.66-0.130.770.72-0.2-0.090.7-0.180.50.69-0.010.940.90.610.61-0.280.53
0.740.740.030.70.690.720.570.830.770.40.630.480.120.320.69-0.630.610.690.340.650.620.670.67-0.240.71
0.620.240.330.390.680.50.10.480.560.420.0-0.320.80.910.50.00.69-0.010.340.230.080.570.57-0.410.73
0.690.98-0.220.760.550.370.980.730.69-0.120.650.530.040.130.74-0.070.570.940.650.230.910.650.65-0.370.61
0.520.890.010.560.380.350.90.590.52-0.110.460.380.10.130.55-0.220.390.90.620.080.910.450.45-0.270.44
0.980.65-0.080.940.970.650.550.910.980.170.780.530.220.470.98-0.070.980.610.670.570.650.451.0-0.510.95
0.980.65-0.080.940.970.650.550.910.980.170.780.530.220.470.98-0.070.980.610.670.570.650.451.0-0.510.95
-0.58-0.310.35-0.63-0.58-0.26-0.35-0.62-0.540.19-0.37-0.26-0.28-0.39-0.57-0.13-0.52-0.28-0.24-0.41-0.37-0.27-0.51-0.51-0.54
0.960.610.030.880.960.650.510.890.940.210.650.360.370.650.91-0.060.960.530.710.730.610.440.950.95-0.54
Click cells to compare fundamentals

Premier Financial Account Relationship Matchups

Premier Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B7.2B7.5B8.5B8.6B9.1B
Short Long Term Debt Total124.1M87.3M87.5M515.5M365.2M383.5M
Other Current Liab630.4M1.6B1.7B1.9B(282.6M)(268.5M)
Total Current Liabilities654.4M1.6B1.7B2.3B3.5B3.6B
Total Stockholder Equity426.2M982.3M1.0B887.7M975.6M1.0B
Property Plant And Equipment Net39.6M58.7M55.6M55.5M70.4M36.5M
Net Debt(7.1M)(74.4M)(76.6M)384.9M250.5M263.0M
Retained Earnings329.9M356.4M443.5M502.9M569.9M598.4M
Accounts Payable2.9B6.0B6.3B6.9B7.9B8.3B
Cash131.3M159.3M161.6M128.2M114.8M85.6M
Non Current Assets Total437.1M1.2B1.6B1.5B8.5B8.9B
Non Currrent Assets Other(14.1M)(1.2B)(1.6B)(1.5B)7.1B7.5B
Other Assets2.6B5.1B4.5B5.8B33.7M32.0M
Cash And Short Term Investments414.7M895.9M1.4B1.2B114.8M109.0M
Net Receivables10.2M25.4M20.8M28.7M33.4M35.1M
Common Stock Shares Outstanding19.9M35.9M37.2M35.8M35.8M18.7M
Liabilities And Stockholders Equity3.5B7.2B7.5B8.5B8.6B9.1B
Other Stockholder Equity91.5M610.6M583.1M558.0M559.1M587.1M
Total Liab125.5M84.9M85.0M7.6B7.7B8.0B
Total Current Assets424.9M921.4M1.4B1.2B114.8M217.2M
Short Term Debt24.0M2.4M2.5M430.4M282.6M296.8M
Non Current Liabilities Total125.5M84.9M85.0M7.6B4.2B4.4B
Accumulated Other Comprehensive Income4.6M15.0M(3.4M)(173.5M)(153.7M)(146.0M)
Other Current Assets141.6M185.0M182.5M157.5M148.4M141.0M
Short Term Investments283.4M736.7M1.2B1.0B946.7M994.0M
Intangible Assets14.0M43.5M43.7M40.2M30.9M22.5M
Net Tangible Assets322.3M664.3M681.4M569.7M655.2M371.9M
Long Term Debt121.1M84.9M85.0M513.1M365.2M383.5M
Retained Earnings Total Equity329.2M356.4M443.5M502.9M578.3M306.7M
Capital Surpluse162.0M689.4M691.1M691.5M795.2M834.9M
Long Term Investments283.4M5.7B1.2B1.0B952.5M850.6M
Treasury Stock(69.7M)(78.8M)(108.0M)(133.5M)(120.1M)(114.1M)
Non Current Liabilities Other50.4M96.8M90.9M147.8M170.0M85.6M
Property Plant Equipment48.5M58.7M55.6M55.5M63.9M48.9M

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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 Premier Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier Financial'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 Premier Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Financial Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Premier Financial. If investors know Premier 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 Premier Financial 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
(0.33)
Dividend Share
1.24
Earnings Share
1.97
Revenue Per Share
6.89
Quarterly Revenue Growth
(0.07)
The market value of Premier Financial Corp is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier Financial's value that differs from its market value or its book value, called intrinsic value, which is Premier Financial'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 Premier Financial's market value can be influenced by many factors that don't directly affect Premier Financial'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 Premier Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier Financial'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.