Premier Total Current Assets vs Cash Analysis
PFC Stock | USD 27.81 0.10 0.36% |
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 Total Current Assets and its Cash 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Financial Corp Total Current Assets account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Premier Financial's Total Current Assets and Cash is 0.42. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Premier Financial Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Premier Financial's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash
Cash refers to the most liquid asset of Premier Financial Corp, which is listed under current asset account on Premier Financial Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Premier Financial customers. The amounts must be unrestricted with restricted cash listed in a different Premier Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Expense | 16.2M | 34.8M | 148.4M | 155.8M | Depreciation And Amortization | 12.5M | 11.1M | 15.1M | 15.8M |
Premier Financial fundamental ratios Correlations
Click cells to compare fundamentals
Premier Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 7.2B | 7.5B | 8.5B | 8.6B | 9.1B | |
Short Long Term Debt Total | 124.1M | 87.3M | 87.5M | 515.5M | 365.2M | 383.5M | |
Other Current Liab | 630.4M | 1.6B | 1.7B | 1.9B | (282.6M) | (268.5M) | |
Total Current Liabilities | 654.4M | 1.6B | 1.7B | 2.3B | 3.5B | 3.6B | |
Total Stockholder Equity | 426.2M | 982.3M | 1.0B | 887.7M | 975.6M | 1.0B | |
Property Plant And Equipment Net | 39.6M | 58.7M | 55.6M | 55.5M | 70.4M | 36.5M | |
Net Debt | (7.1M) | (74.4M) | (76.6M) | 384.9M | 250.5M | 263.0M | |
Retained Earnings | 329.9M | 356.4M | 443.5M | 502.9M | 569.9M | 598.4M | |
Accounts Payable | 2.9B | 6.0B | 6.3B | 6.9B | 7.9B | 8.3B | |
Cash | 131.3M | 159.3M | 161.6M | 128.2M | 114.8M | 85.6M | |
Non Current Assets Total | 437.1M | 1.2B | 1.6B | 1.5B | 8.5B | 8.9B | |
Non Currrent Assets Other | (14.1M) | (1.2B) | (1.6B) | (1.5B) | 7.1B | 7.5B | |
Other Assets | 2.6B | 5.1B | 4.5B | 5.8B | 33.7M | 32.0M | |
Cash And Short Term Investments | 414.7M | 895.9M | 1.4B | 1.2B | 114.8M | 109.0M | |
Net Receivables | 10.2M | 25.4M | 20.8M | 28.7M | 33.4M | 35.1M | |
Common Stock Shares Outstanding | 19.9M | 35.9M | 37.2M | 35.8M | 35.8M | 18.7M | |
Liabilities And Stockholders Equity | 3.5B | 7.2B | 7.5B | 8.5B | 8.6B | 9.1B | |
Other Stockholder Equity | 91.5M | 610.6M | 583.1M | 558.0M | 559.1M | 587.1M | |
Total Liab | 125.5M | 84.9M | 85.0M | 7.6B | 7.7B | 8.0B | |
Total Current Assets | 424.9M | 921.4M | 1.4B | 1.2B | 114.8M | 217.2M | |
Short Term Debt | 24.0M | 2.4M | 2.5M | 430.4M | 282.6M | 296.8M | |
Non Current Liabilities Total | 125.5M | 84.9M | 85.0M | 7.6B | 4.2B | 4.4B | |
Accumulated Other Comprehensive Income | 4.6M | 15.0M | (3.4M) | (173.5M) | (153.7M) | (146.0M) | |
Other Current Assets | 141.6M | 185.0M | 182.5M | 157.5M | 148.4M | 141.0M | |
Short Term Investments | 283.4M | 736.7M | 1.2B | 1.0B | 946.7M | 994.0M | |
Intangible Assets | 14.0M | 43.5M | 43.7M | 40.2M | 30.9M | 22.5M | |
Net Tangible Assets | 322.3M | 664.3M | 681.4M | 569.7M | 655.2M | 371.9M | |
Long Term Debt | 121.1M | 84.9M | 85.0M | 513.1M | 365.2M | 383.5M | |
Retained Earnings Total Equity | 329.2M | 356.4M | 443.5M | 502.9M | 578.3M | 306.7M | |
Capital Surpluse | 162.0M | 689.4M | 691.1M | 691.5M | 795.2M | 834.9M | |
Long Term Investments | 283.4M | 5.7B | 1.2B | 1.0B | 952.5M | 850.6M | |
Treasury Stock | (69.7M) | (78.8M) | (108.0M) | (133.5M) | (120.1M) | (114.1M) | |
Non Current Liabilities Other | 50.4M | 96.8M | 90.9M | 147.8M | 170.0M | 85.6M | |
Property Plant Equipment | 48.5M | 58.7M | 55.6M | 55.5M | 63.9M | 48.9M |
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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 2 | 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.