Shore Common Stock Shares Outstanding vs Accounts Payable Analysis

SHBI Stock

USD 16.44 0.06 0.36%

Shore Bancshares financial indicator trend analysis is much more than just breaking down Shore Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shore Bancshares is a good investment. Please check the relationship between Shore Bancshares Common Stock Shares Outstanding and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shore Bancshares. 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 more detail on how to invest in Shore Stock please use our How to Invest in Shore Bancshares guide.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shore Bancshares Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.

The correlation between Shore Bancshares' Common Stock Shares Outstanding and Accounts Payable is 0.27. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Shore Bancshares, assuming nothing else is changed. The correlation between historical values of Shore Bancshares' Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Shore Bancshares are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Shore Bancshares' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Shore Bancshares obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shore Bancshares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Shore Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shore Bancshares 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shore Bancshares. 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 more detail on how to invest in Shore Stock please use our How to Invest in Shore Bancshares guide.As of now, Shore Bancshares' Selling General Administrative is increasing as compared to previous years. The Shore Bancshares' current Issuance Of Capital Stock is estimated to increase to about 477 K, while Tax Provision is projected to decrease to under 1.6 M.

	2022	2023	2024	2025 (projected)
Interest Expense	12.5M	78.8M	90.6M	95.1M
Depreciation And Amortization	4.4M	10.9M	12.6M	13.2M

Interest Expense Depreciation And Amortization

Shore Bancshares fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Total Current Liabilities	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Total Assets		0.87	0.99	1.0	-0.56	0.63	0.78	0.9	0.88	-0.57	0.73	0.97	0.86	0.25	0.96	0.16	0.99	1.0	1.0	0.31	0.98	0.91	0.32	0.45	0.97	-0.35
Short Long Term Debt Total	0.87		0.9	0.89	-0.37	0.72	0.63	0.71	0.65	-0.44	0.55	0.8	0.87	0.27	0.84	0.31	0.87	0.87	0.87	0.57	0.84	0.7	0.34	0.54	0.9	-0.43
Total Stockholder Equity	0.99	0.9		1.0	-0.55	0.69	0.77	0.87	0.83	-0.51	0.73	0.93	0.89	0.33	0.97	0.19	0.99	0.99	0.99	0.38	0.99	0.87	0.29	0.47	0.97	-0.32
Property Plant And Equipment Net	1.0	0.89	1.0		-0.58	0.66	0.79	0.88	0.85	-0.53	0.74	0.95	0.89	0.26	0.96	0.17	0.99	1.0	1.0	0.36	0.98	0.88	0.31	0.5	0.98	-0.37
Net Debt	-0.56	-0.37	-0.55	-0.58		-0.39	-0.95	-0.51	-0.5	-0.1	-0.9	-0.53	-0.57	-0.13	-0.39	0.29	-0.55	-0.56	-0.56	0.05	-0.52	-0.46	-0.48	-0.73	-0.6	0.15
Retained Earnings	0.63	0.72	0.69	0.66	-0.39		0.5	0.52	0.45	-0.01	0.5	0.54	0.76	0.7	0.65	0.31	0.6	0.63	0.62	0.57	0.63	0.44	0.41	0.49	0.65	-0.1
Cash	0.78	0.63	0.77	0.79	-0.95	0.5		0.68	0.66	-0.12	0.94	0.74	0.73	0.16	0.63	-0.17	0.76	0.78	0.78	0.08	0.74	0.65	0.47	0.73	0.81	-0.26
Non Current Assets Total	0.9	0.71	0.87	0.88	-0.51	0.52	0.68		0.99	-0.7	0.62	0.91	0.69	0.16	0.86	-0.02	0.9	0.91	0.91	0.05	0.89	0.99	0.26	0.29	0.86	-0.32
Non Currrent Assets Other	0.88	0.65	0.83	0.85	-0.5	0.45	0.66	0.99		-0.73	0.6	0.9	0.62	0.12	0.84	-0.08	0.87	0.88	0.88	-0.04	0.86	0.99	0.22	0.23	0.83	-0.31
Other Assets	-0.57	-0.44	-0.51	-0.53	-0.1	-0.01	-0.12	-0.7	-0.73		-0.01	-0.64	-0.26	0.32	-0.58	-0.11	-0.59	-0.57	-0.58	-0.05	-0.53	-0.76	0.02	0.13	-0.53	0.52
Cash And Short Term Investments	0.73	0.55	0.73	0.74	-0.9	0.5	0.94	0.62	0.6	-0.01		0.68	0.67	0.39	0.64	-0.21	0.72	0.73	0.72	0.0	0.74	0.59	0.36	0.59	0.72	0.04
Net Receivables	0.97	0.8	0.93	0.95	-0.53	0.54	0.74	0.91	0.9	-0.64	0.68		0.76	0.13	0.92	0.17	0.95	0.97	0.96	0.23	0.93	0.93	0.39	0.36	0.92	-0.38
Good Will	0.86	0.87	0.89	0.89	-0.57	0.76	0.73	0.69	0.62	-0.26	0.67	0.76		0.34	0.8	0.39	0.86	0.85	0.85	0.63	0.83	0.65	0.38	0.66	0.88	-0.34
Common Stock Total Equity	0.25	0.27	0.33	0.26	-0.13	0.7	0.16	0.16	0.12	0.32	0.39	0.13	0.34		0.4	0.11	0.24	0.24	0.23	0.18	0.37	0.12	0.01	-0.01	0.18	0.6
Common Stock Shares Outstanding	0.96	0.84	0.97	0.96	-0.39	0.65	0.63	0.86	0.84	-0.58	0.64	0.92	0.8	0.4		0.22	0.96	0.96	0.96	0.32	0.99	0.88	0.18	0.27	0.91	-0.2
Non Current Liabilities Total	0.16	0.31	0.19	0.17	0.29	0.31	-0.17	-0.02	-0.08	-0.11	-0.21	0.17	0.39	0.11	0.22		0.16	0.15	0.14	0.75	0.14	-0.01	0.25	-0.02	0.11	-0.1
Other Stockholder Equity	0.99	0.87	0.99	0.99	-0.55	0.6	0.76	0.9	0.87	-0.59	0.72	0.95	0.86	0.24	0.96	0.16		0.99	0.99	0.32	0.98	0.91	0.26	0.44	0.97	-0.35
Total Liab	1.0	0.87	0.99	1.0	-0.56	0.63	0.78	0.91	0.88	-0.57	0.73	0.97	0.85	0.24	0.96	0.15	0.99		1.0	0.31	0.98	0.91	0.32	0.45	0.97	-0.35
Property Plant And Equipment Gross	1.0	0.87	0.99	1.0	-0.56	0.62	0.78	0.91	0.88	-0.58	0.72	0.96	0.85	0.23	0.96	0.14	0.99	1.0		0.3	0.98	0.91	0.29	0.45	0.98	-0.37
Total Current Assets	0.31	0.57	0.38	0.36	0.05	0.57	0.08	0.05	-0.04	-0.05	0.0	0.23	0.63	0.18	0.32	0.75	0.32	0.31	0.3		0.27	0.02	0.33	0.42	0.39	-0.36
Common Stock	0.98	0.84	0.99	0.98	-0.52	0.63	0.74	0.89	0.86	-0.53	0.74	0.93	0.83	0.37	0.99	0.14	0.98	0.98	0.98	0.27		0.9	0.24	0.36	0.94	-0.21
Total Current Liabilities	0.91	0.7	0.87	0.88	-0.46	0.44	0.65	0.99	0.99	-0.76	0.59	0.93	0.65	0.12	0.88	-0.01	0.91	0.91	0.91	0.02	0.9		0.22	0.22	0.85	-0.32
Other Liab	0.32	0.34	0.29	0.31	-0.48	0.41	0.47	0.26	0.22	0.02	0.36	0.39	0.38	0.01	0.18	0.25	0.26	0.32	0.29	0.33	0.24	0.22		0.42	0.33	-0.16
Accounts Payable	0.45	0.54	0.47	0.5	-0.73	0.49	0.73	0.29	0.23	0.13	0.59	0.36	0.66	-0.01	0.27	-0.02	0.44	0.45	0.45	0.42	0.36	0.22	0.42		0.61	-0.48
Long Term Debt	0.97	0.9	0.97	0.98	-0.6	0.65	0.81	0.86	0.83	-0.53	0.72	0.92	0.88	0.18	0.91	0.11	0.97	0.97	0.98	0.39	0.94	0.85	0.33	0.61		-0.48
Short Term Investments	-0.35	-0.43	-0.32	-0.37	0.15	-0.1	-0.26	-0.32	-0.31	0.52	0.04	-0.38	-0.34	0.6	-0.2	-0.1	-0.35	-0.35	-0.37	-0.36	-0.21	-0.32	-0.16	-0.48	-0.48

Click cells to compare fundamentals

Shore Bancshares Account Relationship Matchups

Shore Bancshares fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	3.5B	3.5B	6.0B	6.9B	7.3B
Short Long Term Debt Total	29.3M	64.5M	93.0M	85.2M	97.9M	102.8M
Total Stockholder Equity	195.0M	350.7M	364.3M	511.1M	587.8M	617.2M
Property Plant And Equipment Net	29.7M	63.0M	61.1M	94.9M	109.1M	114.6M
Net Debt	(157.6M)	(519.1M)	37.5M	(287.3M)	(258.5M)	(245.6M)
Retained Earnings	141.2M	150.0M	171.6M	162.3M	186.6M	94.0M
Cash	186.9M	583.6M	55.5M	372.4M	428.3M	449.7M
Non Current Assets Total	255.6M	661.0M	129.9M	5.6B	5.1B	3.5B
Non Currrent Assets Other	(6.1M)	(9.4M)	(663.8M)	4.8B	4.3B	3.1B
Other Assets	1.3B	2.1B	735.7M	1.0	1.15	1.21
Cash And Short Term Investments	326.5M	700.6M	139.1M	482.9M	555.4M	583.1M
Net Receivables	6.8M	7.3M	9.4M	19.2M	22.1M	23.2M
Common Stock Shares Outstanding	12.4M	13.1M	19.8M	26.6M	30.6M	32.1M
Liabilities And Stockholders Equity	1.9B	3.5B	3.5B	6.0B	6.9B	7.3B
Non Current Liabilities Total	29.3M	64.5M	3.1B	601.5M	541.3M	514.2M
Other Stockholder Equity	52.2M	200.5M	201.5M	356.0M	409.4M	429.9M
Total Liab	1.7B	3.1B	3.1B	5.5B	6.3B	6.6B
Property Plant And Equipment Gross	29.7M	63.0M	61.1M	113.9M	130.9M	137.5M
Total Current Assets	333.3M	707.9M	2.6B	391.8M	352.6M	335.0M
Common Stock	118K	198K	199K	332K	381.8K	400.9K
Accumulated Other Comprehensive Income	1.5M	56K	(9.0M)	(7.5M)	(6.7M)	(6.4M)
Total Current Liabilities	647K	3.4M	9.9M	4.9B	4.4B	3.9B
Other Liab	4.4M	3.8M	6.6M	7.7M	7.0M	5.0M
Accounts Payable	330K	1.7M	3.4M	1.3M	1.2M	1.1M
Long Term Debt	24.4M	52.9M	43.1M	72.3M	83.1M	87.3M
Short Term Investments	139.6M	117.0M	83.6M	110.5M	99.5M	94.5M
Inventory	(195.2M)	(594.3M)	2.4B	44.0M	50.5M	45.7M
Other Current Assets	196.6M	597.2M	70.5M	391.8M	352.6M	413.0M
Short Term Debt	1.5M	11.6M	40M	1.8M	1.6M	1.5M
Intangible Assets	1.7M	11.6M	10.8M	54.0M	48.6M	46.2M
Property Plant Equipment	23.8M	29.7M	63.0M	61.1M	70.3M	73.8M
Other Current Liab	(405K)	677K	(31.4M)	4.9B	4.4B	4.5B
Net Tangible Assets	173.0M	175.8M	279.7M	295.5M	339.8M	175.1M
Long Term Investments	206.7M	522.9M	644.3M	629.4M	566.5M	645.6M

Currently Active Assets on Macroaxis

CSX	CSX Corporation
ETON	Eton Pharmaceuticals
ALLT	Allot Communications
DIA	SPDR Dow Jones
SPY	SPDR SP 500

When determining whether Shore Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shore Bancshares' 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 Shore Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shore Bancshares Stock:

How To Invest In Shore

Details

Is Shore Stock a good investment?

Details

What is Shore Bancshares' Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shore Bancshares. 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 more detail on how to invest in Shore Stock please use our How to Invest in Shore Bancshares guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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 Shore Bancshares. If investors know Shore 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 Shore Bancshares 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

0.273

Dividend Share

0.48

Earnings Share

1.32

Revenue Per Share

5.921

Quarterly Revenue Growth

0.081

The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shore Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shore Common Stock Shares Outstanding vs Accounts Payable Analysis

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Accounts Payable

Shore Bancshares fundamental ratios Correlations

Shore Bancshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shore Bancshares fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Total Current Liabilities	- 0.76	Other Assets
Other Assets	- 0.73	Non Currrent Assets Other
Accounts Payable	- 0.73	Net Debt
Other Assets	- 0.7	Non Current Assets Total