Rhinebeck Change To Netincome vs Depreciation Analysis

RBKB Stock  USD 9.59  0.01  0.10%   
Rhinebeck Bancorp financial indicator trend analysis is much more than just breaking down Rhinebeck Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rhinebeck Bancorp is a good investment. Please check the relationship between Rhinebeck Bancorp Change To Netincome and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rhinebeck 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 industry.
For information on how to trade Rhinebeck Stock refer to our How to Trade Rhinebeck Stock guide.

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rhinebeck Bancorp Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Rhinebeck Bancorp's Change To Netincome and Depreciation is 0.2. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of Rhinebeck Bancorp, assuming nothing else is changed. The correlation between historical values of Rhinebeck Bancorp's Change To Netincome and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Rhinebeck Bancorp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., Rhinebeck Bancorp's Change To Netincome and Depreciation go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Netincome

Depreciation

Depreciation indicates how much of Rhinebeck Bancorp value has been used up. For tax purposes Rhinebeck Bancorp can deduct the cost of the tangible assets it purchases as business expenses. However, Rhinebeck Bancorp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Rhinebeck Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rhinebeck 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 Rhinebeck 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 industry.
For information on how to trade Rhinebeck Stock refer to our How to Trade Rhinebeck Stock guide.At present, Rhinebeck Bancorp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 216.2 M, whereas Selling General Administrative is forecasted to decline to about 16 M.
 2021 2022 2023 2024 (projected)
Gross Profit46.8M47.8M41.7M39.9M
Total Revenue46.8M47.8M41.7M39.9M

Rhinebeck Bancorp fundamental ratios Correlations

0.680.910.940.080.370.990.440.0-0.20.91-0.680.250.910.110.41-0.790.920.170.95-0.23-0.390.68-0.710.340.83
0.680.750.630.410.880.73-0.070.520.370.46-0.560.550.790.28-0.01-0.60.630.20.66-0.62-0.611.0-0.820.020.41
0.910.750.850.160.540.920.20.16-0.050.85-0.620.340.910.110.31-0.720.84-0.060.86-0.35-0.50.76-0.780.250.84
0.940.630.850.110.310.90.48-0.03-0.210.83-0.640.110.95-0.20.19-0.720.99-0.011.0-0.03-0.310.64-0.540.090.73
0.080.410.160.110.480.18-0.280.820.8-0.160.430.670.220.26-0.60.370.13-0.350.13-0.5-0.710.42-0.42-0.550.02
0.370.880.540.310.480.47-0.540.620.510.15-0.320.640.520.46-0.09-0.340.330.050.34-0.78-0.660.88-0.75-0.020.22
0.990.730.920.90.180.470.320.09-0.110.87-0.630.350.890.220.38-0.750.90.130.92-0.34-0.490.73-0.780.330.83
0.44-0.070.20.48-0.28-0.540.32-0.38-0.420.51-0.34-0.370.32-0.460.18-0.350.420.250.460.540.3-0.080.120.070.27
0.00.520.16-0.030.820.620.09-0.380.97-0.210.260.70.160.29-0.650.24-0.05-0.18-0.01-0.58-0.710.53-0.44-0.570.0
-0.20.37-0.05-0.210.80.51-0.11-0.420.97-0.420.410.65-0.020.26-0.740.4-0.21-0.21-0.18-0.52-0.620.38-0.28-0.65-0.21
0.910.460.850.83-0.160.150.870.51-0.21-0.42-0.7-0.040.76-0.030.54-0.790.780.210.840.03-0.110.46-0.490.430.9
-0.68-0.56-0.62-0.640.43-0.32-0.63-0.340.260.41-0.70.22-0.610.06-0.450.98-0.6-0.47-0.66-0.03-0.16-0.550.32-0.41-0.46
0.250.550.340.110.670.640.35-0.370.70.65-0.040.220.320.66-0.090.120.17-0.180.13-0.91-0.960.56-0.810.00.2
0.910.790.910.950.220.520.890.320.16-0.020.76-0.610.32-0.090.12-0.680.95-0.040.95-0.25-0.50.8-0.70.060.7
0.110.280.11-0.20.260.460.22-0.460.290.26-0.030.060.66-0.090.39-0.03-0.150.23-0.15-0.83-0.510.28-0.610.520.11
0.41-0.010.310.19-0.6-0.090.380.18-0.65-0.740.54-0.45-0.090.120.39-0.510.20.410.2-0.110.15-0.02-0.280.980.44
-0.79-0.6-0.72-0.720.37-0.34-0.75-0.350.240.4-0.790.980.12-0.68-0.03-0.51-0.69-0.41-0.750.05-0.05-0.590.44-0.46-0.6
0.920.630.840.990.130.330.90.42-0.05-0.210.78-0.60.170.95-0.150.2-0.69-0.070.99-0.09-0.360.63-0.570.110.7
0.170.2-0.06-0.01-0.350.050.130.25-0.18-0.210.21-0.47-0.18-0.040.230.41-0.41-0.070.020.00.310.17-0.030.44-0.01
0.950.660.861.00.130.340.920.46-0.01-0.180.84-0.660.130.95-0.150.2-0.750.990.02-0.06-0.310.67-0.570.10.74
-0.23-0.62-0.35-0.03-0.5-0.78-0.340.54-0.58-0.520.03-0.03-0.91-0.25-0.83-0.110.05-0.090.0-0.060.82-0.620.83-0.24-0.15
-0.39-0.61-0.5-0.31-0.71-0.66-0.490.3-0.71-0.62-0.11-0.16-0.96-0.5-0.510.15-0.05-0.360.31-0.310.82-0.620.840.09-0.37
0.681.00.760.640.420.880.73-0.080.530.380.46-0.550.560.80.28-0.02-0.590.630.170.67-0.62-0.62-0.820.010.41
-0.71-0.82-0.78-0.54-0.42-0.75-0.780.12-0.44-0.28-0.490.32-0.81-0.7-0.61-0.280.44-0.57-0.03-0.570.830.84-0.82-0.33-0.58
0.340.020.250.09-0.55-0.020.330.07-0.57-0.650.43-0.410.00.060.520.98-0.460.110.440.1-0.240.090.01-0.330.34
0.830.410.840.730.020.220.830.270.0-0.210.9-0.460.20.70.110.44-0.60.7-0.010.74-0.15-0.370.41-0.580.34
Click cells to compare fundamentals

Rhinebeck Bancorp Account Relationship Matchups

Rhinebeck Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets973.9M1.1B1.3B1.3B1.3B1.0B
Short Long Term Debt Total71.5M55.8M23.2M62.9M133.2M139.9M
Total Current Liabilities470.5M604.6M903.0M940.3M938.4M985.3M
Total Stockholder Equity109.9M116.5M126.0M108.1M113.7M89.4M
Property Plant And Equipment Net18.3M18.8M19.2M18.7M23.9M21.0M
Net Debt59.5M(37.7M)(48.9M)31.5M118.6M124.5M
Retained Earnings72.2M78.1M89.6M96.6M100.4M78.5M
Cash12.0M93.5M72.1M31.4M14.2M13.5M
Non Current Assets Total134.8M123.4M302.1M31.4M1.3B1.4B
Non Currrent Assets Other(2.3M)(3.7M)(3.4M)(223.7M)1.1B1.1B
Cash And Short Term Investments126.8M196.4M352.4M255.0M206.2M164.2M
Liabilities And Stockholders Equity973.9M1.1B1.3B1.3B1.3B1.0B
Non Current Liabilities Total71.5M55.8M23.2M1.2B1.2B1.3B
Other Stockholder Equity41.7M42.1M42.9M43.6M46.0M48.3M
Total Liab71.5M55.8M23.2M1.2B1.2B653.7M
Total Current Assets129.7M200.2M355.7M1.3B22.1M21.0M
Accumulated Other Comprehensive Income(4.1M)(3.8M)(6.6M)(32.2M)(32.8M)(31.1M)
Intangible Assets241K199K433K334K246K477.3K
Other Liab11.7M13.6M9.1M14.4M16.5M21.1M
Net Tangible Assets108.2M114.9M123.3M105.6M121.4M86.0M
Accounts Payable773.3M929.4M1.1B25.3M29.1M27.6M
Other Assets709.4M805.2M623.3M50.9M1.9M1.8M
Long Term Debt71.5M55.8M23.2M62.9M133.2M139.9M
Inventory(16.3M)(97.4M)(75.5M)(999.3M)(899.4M)(854.4M)
Other Current Assets16.3M97.4M75.5M994.4M26.9M25.6M
Long Term Investments114.8M102.9M280.3M223.7M192.0M161.0M
Property Plant Equipment18.3M25.1M19.2M18.7M21.5M21.0M
Other Current Liab433.6M571.3M885.4M888.3M857.6M635.3M
Retained Earnings Total Equity72.2M78.1M89.6M96.6M111.1M116.7M
Short Term Investments114.8M102.9M280.3M223.7M192.0M155.0M
Short Term Debt36.9M33.3M17.6M52.0M80.8M84.8M
Net Receivables2.9M3.8M3.4M998.6M4.6M4.4M
Common Stock Shares Outstanding10.7M10.7M11.0M11.0M10.9M9.2M
Capital Surpluse45.9M46.0M46.6M47.1M54.1M29.2M
Property Plant And Equipment Gross18.3M18.8M45.2M46.2M46.5M31.3M
Net Invested Capital181.3M172.3M149.2M171.0M246.9M172.4M

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When determining whether Rhinebeck Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rhinebeck 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 Rhinebeck Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rhinebeck Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rhinebeck 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 industry.
For information on how to trade Rhinebeck Stock refer to our How to Trade Rhinebeck Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 Rhinebeck Bancorp. If investors know Rhinebeck 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 Rhinebeck 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
(0.31)
Earnings Share
(0.47)
Revenue Per Share
2.72
Quarterly Revenue Growth
(0.08)
Return On Assets
(0)
The market value of Rhinebeck Bancorp is measured differently than its book value, which is the value of Rhinebeck that is recorded on the company's balance sheet. Investors also form their own opinion of Rhinebeck Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Rhinebeck 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 Rhinebeck Bancorp's market value can be influenced by many factors that don't directly affect Rhinebeck 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 Rhinebeck Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rhinebeck Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rhinebeck 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.