Rhinebeck Total Current Assets vs Depreciation And Amortization Analysis

RBKB Stock  USD 9.81  0.03  0.30%   
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 Total Current Assets and its Depreciation And Amortization 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.

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rhinebeck Bancorp Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rhinebeck Bancorp's Total Current Assets and Depreciation And Amortization is 0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization 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 Total Current Assets and Depreciation And Amortization 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 Rhinebeck Bancorp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Rhinebeck Bancorp's Total Current Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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
0.940.630.850.110.310.90.48-0.03-0.210.83-0.640.120.95-0.20.19-0.720.99-0.011.0-0.03-0.310.64-0.540.090.73
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
0.370.880.540.310.480.47-0.540.620.510.15-0.320.650.520.46-0.09-0.340.330.050.34-0.78-0.660.88-0.75-0.020.22
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
-0.68-0.56-0.62-0.640.43-0.32-0.63-0.340.260.41-0.70.21-0.610.06-0.450.98-0.6-0.47-0.66-0.03-0.16-0.550.32-0.41-0.46
0.250.550.340.120.670.650.35-0.370.70.65-0.040.210.330.66-0.10.120.17-0.180.13-0.91-0.960.56-0.810.00.2
0.910.790.910.950.220.520.890.320.16-0.020.76-0.610.33-0.090.12-0.680.95-0.040.95-0.25-0.50.8-0.70.060.7
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
0.41-0.010.310.19-0.6-0.090.380.18-0.65-0.740.54-0.45-0.10.120.39-0.510.20.410.2-0.110.15-0.02-0.280.980.44
-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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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 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.