Plumas Good Will vs Long Term Investments Analysis

PLBC Stock  USD 50.10  0.64  1.29%   
Plumas Bancorp financial indicator trend analysis is much more than just breaking down Plumas Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plumas Bancorp is a good investment. Please check the relationship between Plumas Bancorp Good Will and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas 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.
For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plumas Bancorp Good Will account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Plumas Bancorp's Good Will and Long Term Investments is 0.28. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Plumas Bancorp, assuming nothing else is changed. The correlation between historical values of Plumas Bancorp's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Plumas Bancorp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Plumas Bancorp's Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Investments

Long Term Investments is an item on the asset side of Plumas Bancorp balance sheet that represents investments Plumas Bancorp intends to hold for over a year. Plumas Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Plumas Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plumas 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 Plumas 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.
For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.At present, Plumas Bancorp's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 1.51, whereas Selling General Administrative is forecasted to decline to about 13 M.
 2021 2022 2023 2024 (projected)
Total Revenue55.7M69.3M80.1M84.1M
Interest Expense1.1M1.2M4.8M2.6M

Plumas Bancorp fundamental ratios Correlations

0.980.80.910.160.980.260.330.82-0.450.97-0.110.640.820.620.640.90.940.940.570.940.70.39-0.380.610.57
0.980.80.880.060.950.340.420.82-0.370.98-0.080.580.850.680.530.90.920.920.460.910.740.36-0.360.680.54
0.80.80.720.310.78-0.030.070.71-0.650.73-0.080.750.410.180.730.510.580.590.710.630.330.43-0.420.190.55
0.910.880.720.230.920.170.220.78-0.320.92-0.230.50.780.60.550.870.880.870.50.890.640.13-0.120.570.55
0.160.060.310.230.21-0.45-0.420.09-0.240.13-0.230.16-0.16-0.350.470.03-0.020.00.50.04-0.180.23-0.22-0.350.01
0.980.950.780.920.210.10.170.76-0.430.95-0.320.620.790.590.650.860.90.90.580.910.680.35-0.340.580.57
0.260.34-0.030.17-0.450.10.990.370.340.360.7-0.160.60.7-0.370.530.430.44-0.420.360.560.12-0.120.7-0.13
0.330.420.070.22-0.420.170.990.430.260.420.7-0.080.630.71-0.290.560.480.49-0.350.410.590.16-0.170.71-0.07
0.820.820.710.780.090.760.370.43-0.250.80.070.430.710.540.420.790.790.820.390.820.610.51-0.50.550.2
-0.45-0.37-0.65-0.32-0.24-0.430.340.26-0.25-0.250.03-0.960.090.28-0.9-0.1-0.29-0.3-0.91-0.390.22-0.190.170.33-0.76
0.970.980.730.920.130.950.360.420.8-0.25-0.130.460.90.730.460.940.930.930.390.910.790.3-0.30.740.48
-0.11-0.08-0.08-0.23-0.23-0.320.70.70.070.03-0.13-0.04-0.050.01-0.170.0-0.040.0-0.17-0.04-0.10.12-0.130.0-0.17
0.640.580.750.50.160.62-0.16-0.080.43-0.960.46-0.040.17-0.020.90.330.520.510.880.60.040.26-0.25-0.070.8
0.820.850.410.78-0.160.790.60.630.710.090.9-0.050.170.950.10.950.90.890.010.840.930.2-0.20.950.27
0.620.680.180.6-0.350.590.70.710.540.280.730.01-0.020.95-0.170.830.770.74-0.260.690.910.09-0.090.990.14
0.640.530.730.550.470.65-0.37-0.290.42-0.90.46-0.170.90.1-0.170.320.470.490.990.56-0.040.31-0.3-0.210.69
0.90.90.510.870.030.860.530.560.79-0.10.940.00.330.950.830.320.960.970.250.930.820.23-0.220.820.39
0.940.920.580.88-0.020.90.430.480.79-0.290.93-0.040.520.90.770.470.961.00.390.990.780.27-0.260.740.52
0.940.920.590.870.00.90.440.490.82-0.30.930.00.510.890.740.490.971.00.410.990.750.29-0.280.720.5
0.570.460.710.50.50.58-0.42-0.350.39-0.910.39-0.170.880.01-0.260.990.250.390.410.5-0.130.29-0.28-0.30.65
0.940.910.630.890.040.910.360.410.82-0.390.91-0.040.60.840.690.560.930.990.990.50.70.28-0.270.650.56
0.70.740.330.64-0.180.680.560.590.610.220.79-0.10.040.930.91-0.040.820.780.75-0.130.70.27-0.270.930.1
0.390.360.430.130.230.350.120.160.51-0.190.30.120.260.20.090.310.230.270.290.290.280.27-1.00.12-0.29
-0.38-0.36-0.42-0.12-0.22-0.34-0.12-0.17-0.50.17-0.3-0.13-0.25-0.2-0.09-0.3-0.22-0.26-0.28-0.28-0.27-0.27-1.0-0.120.3
0.610.680.190.57-0.350.580.70.710.550.330.740.0-0.070.950.99-0.210.820.740.72-0.30.650.930.12-0.120.08
0.570.540.550.550.010.57-0.13-0.070.2-0.760.48-0.170.80.270.140.690.390.520.50.650.560.1-0.290.30.08
Click cells to compare fundamentals

Plumas Bancorp Account Relationship Matchups

Plumas Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets865.2M1.1B1.6B1.6B1.6B1.7B
Total Stockholder Equity84.5M100.2M134.1M119.0M147.3M154.7M
Other Assets470.6M535.1M571.1M477.6M488.2M376.9M
Common Stock Shares Outstanding5.2M5.2M5.6M5.9M5.9M5.6M
Liabilities And Stockholders Equity865.2M1.1B1.6B1.6B1.6B1.7B
Other Stockholder Equity852.7M1.0B1.6M1.6B(1.0)(0.95)
Total Liab780.7M1.0B1.5B1.5B1.5B1.5B
Other Current Liab(23.1M)(27.1M)(30.7M)(18.6M)300.9M315.9M
Total Current Liabilities23.1M27.1M30.7M15.3M324.4M340.6M
Property Plant And Equipment Net14.6M14.0M16.4M18.1M21.9M14.8M
Net Debt(36.6M)(174.6M)(370.3M)(173.1M)4.3M4.6M
Retained Earnings75.1M87.8M105.7M128.4M151.7M159.3M
Accounts Payable23.1M27.1M30.7M33.9M39.0M52.9M
Cash46.9M184.9M380.6M183.4M85.7M76.7M
Non Current Assets Total173.9M193.6M327.8M468.3M1.0B1.1B
Non Currrent Assets Other(173.9M)(193.6M)(7.0M)(22.1M)1.0B1.1B
Cash And Short Term Investments206.3M364.5M686.5M628.1M85.7M165.6M
Net Receivables14.4M18.3M28.7M47.0M54.1M56.8M
Common Stock Total Equity7.3M7.7M26.8M27.4M31.5M33.1M
Property Plant And Equipment Gross14.6M14.0M31.2M33.9M35.6M37.3M
Total Current Assets220.6M382.8M715.2M675.2M85.7M81.4M
Accumulated Other Comprehensive Income2.0M4.7M1.6M(36.8M)(32.5M)(30.8M)
Common Stock7.3M7.7M26.8M27.4M28.0M26.6M
Short Long Term Debt Total26.3M24.2M27.6M29.5M90M94.5M
Short Term Investments159.3M179.6M305.9M444.7M(481.6M)(457.5M)
Other Current Assets51.0M190.7M386.9M190.9M94.2M168.9M
Other Liab6.6M7.1M9.9M11.8M13.6M7.4M
Inventory(51.0M)(190.7M)(386.9M)(190.9M)(171.8M)(163.2M)
Property Plant Equipment14.6M14.0M16.4M18.1M20.8M14.8M
Short Term Debt16.0M13.9M17.3M19.2M23.5M13.2M
Net Tangible Assets84.5M100.2M128.6M113.5M130.5M70.1M
Retained Earnings Total Equity75.1M87.8M105.7M128.4M147.6M155.0M
Long Term Investments616.0M880.4M305.9M444.7M489.2M502.0M
Non Current Liabilities Other16.0M13.9M17.3M18.6M16.8M13.9M

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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 Plumas Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plumas Bancorp'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 Plumas Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plumas Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas 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.
For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Plumas Bancorp. If investors know Plumas 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 Plumas 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
(0.02)
Dividend Share
1.06
Earnings Share
4.77
Revenue Per Share
13.568
Quarterly Revenue Growth
0.062
The market value of Plumas Bancorp is measured differently than its book value, which is the value of Plumas that is recorded on the company's balance sheet. Investors also form their own opinion of Plumas Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Plumas 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 Plumas Bancorp's market value can be influenced by many factors that don't directly affect Plumas 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 Plumas Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumas Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumas 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.