Riverview Long Term Investments vs Total Current Assets Analysis
RVSB Stock | USD 5.58 0.03 0.53% |
Riverview Bancorp financial indicator trend analysis is much more than just breaking down Riverview Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riverview Bancorp is a good investment. Please check the relationship between Riverview Bancorp Long Term Investments and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riverview 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 state. For information on how to trade Riverview Stock refer to our How to Trade Riverview Stock guide.
Long Term Investments vs Total Current Assets
Long Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riverview Bancorp Long Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Riverview Bancorp's Long Term Investments and Total Current Assets is 0.26. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Riverview Bancorp, assuming nothing else is changed. The correlation between historical values of Riverview Bancorp's Long Term Investments and Total Current 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 Long Term Investments of Riverview Bancorp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Investments i.e., Riverview Bancorp's Long Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Riverview Bancorp balance sheet that represents investments Riverview Bancorp intends to hold for over a year. Riverview Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.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.Most indicators from Riverview Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riverview 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 Riverview 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 state. For information on how to trade Riverview Stock refer to our How to Trade Riverview Stock guide.At present, Riverview Bancorp's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 27.52, whereas Selling General Administrative is forecasted to decline to about 18.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.2M | 4.1M | 18.5M | 19.4M | Depreciation And Amortization | 3.5M | 2.7M | 2.8M | 1.8M |
Riverview Bancorp fundamental ratios Correlations
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Riverview Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Riverview Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.5B | 1.7B | 1.6B | 1.5B | 961.5M | |
Short Long Term Debt Total | 85.6M | 29.0M | 29.1M | 152.9M | 117.5M | 60.1M | |
Total Stockholder Equity | 148.8M | 151.6M | 157.2M | 155.2M | 155.6M | 106.7M | |
Property Plant And Equipment Net | 17.1M | 19.3M | 18.5M | 21.4M | 28.4M | 16.9M | |
Net Debt | (13.2M) | (236.6M) | (212.6M) | 130.6M | 93.8M | 98.5M | |
Retained Earnings | 81.9M | 87.9M | 104.9M | 117.8M | 116.5M | 122.3M | |
Cash | 42.2M | 265.7M | 241.7M | 22.3M | 23.6M | 22.5M | |
Non Current Assets Total | 193.4M | 302.9M | 465.0M | 504.2M | 1.5B | 1.6B | |
Non Currrent Assets Other | (5.9M) | (5.4M) | (7.5M) | (13.0M) | 1.4B | 1.5B | |
Other Assets | 793.2M | 759.1M | 2.2B | 846.9M | 7.7M | 7.4M | |
Cash And Short Term Investments | 190.5M | 482.0M | 407.5M | 233.8M | 23.6M | 22.5M | |
Net Receivables | 3.7M | 5.2M | 4.7M | 4.8M | 4.4M | 3.1M | |
Common Stock Shares Outstanding | 22.7M | 22.3M | 22.2M | 21.6M | 21.1M | 18.1M | |
Liabilities And Stockholders Equity | 1.2B | 1.5B | 1.7B | 1.6B | 1.5B | 961.5M | |
Non Current Liabilities Total | 29.0M | 29.1M | 29.1M | 152.9M | 1.4B | 1.4B | |
Other Current Assets | 18.1M | 16.7M | 863.0M | 16.7M | 15.9M | 15.1M | |
Other Stockholder Equity | 64.6M | 63.7M | 62.0M | 55.5M | 55.0M | 59.5M | |
Total Liab | 29.0M | 29.1M | 1.6B | 152.9M | 1.4B | 1.4B | |
Property Plant And Equipment Gross | 17.1M | 19.3M | 18.5M | 21.4M | 44.0M | 46.2M | |
Total Current Assets | 194.2M | 487.2M | 1.3B | 238.6M | 15.9M | 15.1M | |
Accumulated Other Comprehensive Income | 2.1M | (160K) | (10.0M) | (18.3M) | (16.1M) | (15.3M) | |
Other Liab | 2.0M | 521K | 555K | 1.4M | 1.2M | 1.2M | |
Accounts Payable | 11.8M | 21.9M | 1.5B | 15.7M | 14.2M | 13.4M | |
Short Term Investments | 148.3M | 216.3M | 165.8M | 211.5M | (354.8M) | (337.0M) | |
Intangible Assets | 950K | 700K | 529K | 379K | 271K | 257.5K | |
Property Plant Equipment | 17.1M | 17.8M | 18.5M | 20.1M | 23.1M | 17.1M | |
Other Current Liab | 440.8M | 675.7M | 794.6M | 626.7M | 558.2M | 574.2M | |
Total Current Liabilities | 442.0M | 677.3M | 796.1M | 628.3M | 559.8M | 548.7M | |
Long Term Debt | 26.7M | 26.7M | 26.8M | 150.7M | 115.3M | 121.1M | |
Short Term Debt | 1.2M | 1.7M | 1.6M | 1.6M | 1.6M | 1.5M | |
Net Tangible Assets | 121.0M | 123.9M | 129.7M | 127.8M | 147.0M | 102.4M | |
Retained Earnings Total Equity | 81.9M | 87.9M | 104.9M | 117.8M | 135.5M | 142.3M | |
Long Term Debt Total | 26.7M | 26.7M | 26.8M | 26.9M | 31.0M | 29.0M | |
Capital Surpluse | 64.6M | 63.7M | 62.0M | 55.5M | 50.0M | 51.1M |
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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 Riverview Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Riverview 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 Riverview Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Riverview Bancorp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riverview 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 state. For information on how to trade Riverview Stock refer to our How to Trade Riverview Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity 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 Riverview Bancorp. If investors know Riverview 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 Riverview 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 (0.40) | Dividend Share 0.16 | Earnings Share 0.05 | Revenue Per Share 2.193 | Quarterly Revenue Growth (0.04) |
The market value of Riverview Bancorp is measured differently than its book value, which is the value of Riverview that is recorded on the company's balance sheet. Investors also form their own opinion of Riverview Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Riverview 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 Riverview Bancorp's market value can be influenced by many factors that don't directly affect Riverview 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 Riverview Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Riverview Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Riverview 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.