Shore Intangible Assets vs Total Assets 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 Intangible Assets and its Total Assets 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.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shore Bancshares Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shore Bancshares' Intangible Assets and Total Assets is 0.95. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets 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' Intangible Assets and Total 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 Intangible Assets of Shore Bancshares are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Shore Bancshares' Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Shore Bancshares assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shore Bancshares books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expense12.5M78.8M90.6M95.1M
Depreciation And Amortization4.4M10.9M12.6M13.2M

Shore Bancshares fundamental ratios Correlations

0.870.991.0-0.560.630.780.90.88-0.570.730.970.860.250.960.160.991.01.00.310.980.910.320.450.97-0.35
0.870.90.89-0.370.720.630.710.65-0.440.550.80.870.270.840.310.870.870.870.570.840.70.340.540.9-0.43
0.990.91.0-0.550.690.770.870.83-0.510.730.930.890.330.970.190.990.990.990.380.990.870.290.470.97-0.32
1.00.891.0-0.580.660.790.880.85-0.530.740.950.890.260.960.170.991.01.00.360.980.880.310.50.98-0.37
-0.56-0.37-0.55-0.58-0.39-0.95-0.51-0.5-0.1-0.9-0.53-0.57-0.13-0.390.29-0.55-0.56-0.560.05-0.52-0.46-0.48-0.73-0.60.15
0.630.720.690.66-0.390.50.520.45-0.010.50.540.760.70.650.310.60.630.620.570.630.440.410.490.65-0.1
0.780.630.770.79-0.950.50.680.66-0.120.940.740.730.160.63-0.170.760.780.780.080.740.650.470.730.81-0.26
0.90.710.870.88-0.510.520.680.99-0.70.620.910.690.160.86-0.020.90.910.910.050.890.990.260.290.86-0.32
0.880.650.830.85-0.50.450.660.99-0.730.60.90.620.120.84-0.080.870.880.88-0.040.860.990.220.230.83-0.31
-0.57-0.44-0.51-0.53-0.1-0.01-0.12-0.7-0.73-0.01-0.64-0.260.32-0.58-0.11-0.59-0.57-0.58-0.05-0.53-0.760.020.13-0.530.52
0.730.550.730.74-0.90.50.940.620.6-0.010.680.670.390.64-0.210.720.730.720.00.740.590.360.590.720.04
0.970.80.930.95-0.530.540.740.910.9-0.640.680.760.130.920.170.950.970.960.230.930.930.390.360.92-0.38
0.860.870.890.89-0.570.760.730.690.62-0.260.670.760.340.80.390.860.850.850.630.830.650.380.660.88-0.34
0.250.270.330.26-0.130.70.160.160.120.320.390.130.340.40.110.240.240.230.180.370.120.01-0.010.180.6
0.960.840.970.96-0.390.650.630.860.84-0.580.640.920.80.40.220.960.960.960.320.990.880.180.270.91-0.2
0.160.310.190.170.290.31-0.17-0.02-0.08-0.11-0.210.170.390.110.220.160.150.140.750.14-0.010.25-0.020.11-0.1
0.990.870.990.99-0.550.60.760.90.87-0.590.720.950.860.240.960.160.990.990.320.980.910.260.440.97-0.35
1.00.870.991.0-0.560.630.780.910.88-0.570.730.970.850.240.960.150.991.00.310.980.910.320.450.97-0.35
1.00.870.991.0-0.560.620.780.910.88-0.580.720.960.850.230.960.140.991.00.30.980.910.290.450.98-0.37
0.310.570.380.360.050.570.080.05-0.04-0.050.00.230.630.180.320.750.320.310.30.270.020.330.420.39-0.36
0.980.840.990.98-0.520.630.740.890.86-0.530.740.930.830.370.990.140.980.980.980.270.90.240.360.94-0.21
0.910.70.870.88-0.460.440.650.990.99-0.760.590.930.650.120.88-0.010.910.910.910.020.90.220.220.85-0.32
0.320.340.290.31-0.480.410.470.260.220.020.360.390.380.010.180.250.260.320.290.330.240.220.420.33-0.16
0.450.540.470.5-0.730.490.730.290.230.130.590.360.66-0.010.27-0.020.440.450.450.420.360.220.420.61-0.48
0.970.90.970.98-0.60.650.810.860.83-0.530.720.920.880.180.910.110.970.970.980.390.940.850.330.61-0.48
-0.35-0.43-0.32-0.370.15-0.1-0.26-0.32-0.310.520.04-0.38-0.340.6-0.2-0.1-0.35-0.35-0.37-0.36-0.21-0.32-0.16-0.48-0.48
Click cells to compare fundamentals

Shore Bancshares Account Relationship Matchups

Shore Bancshares fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B3.5B3.5B6.0B6.9B7.3B
Short Long Term Debt Total29.3M64.5M93.0M85.2M97.9M102.8M
Total Stockholder Equity195.0M350.7M364.3M511.1M587.8M617.2M
Property Plant And Equipment Net29.7M63.0M61.1M94.9M109.1M114.6M
Net Debt(157.6M)(519.1M)37.5M(287.3M)(258.5M)(245.6M)
Retained Earnings141.2M150.0M171.6M162.3M186.6M94.0M
Cash186.9M583.6M55.5M372.4M428.3M449.7M
Non Current Assets Total255.6M661.0M129.9M5.6B5.1B3.5B
Non Currrent Assets Other(6.1M)(9.4M)(663.8M)4.8B4.3B3.1B
Other Assets1.3B2.1B735.7M1.01.151.21
Cash And Short Term Investments326.5M700.6M139.1M482.9M555.4M583.1M
Net Receivables6.8M7.3M9.4M19.2M22.1M23.2M
Common Stock Shares Outstanding12.4M13.1M19.8M26.6M30.6M32.1M
Liabilities And Stockholders Equity1.9B3.5B3.5B6.0B6.9B7.3B
Non Current Liabilities Total29.3M64.5M3.1B601.5M541.3M514.2M
Other Stockholder Equity52.2M200.5M201.5M356.0M409.4M429.9M
Total Liab1.7B3.1B3.1B5.5B6.3B6.6B
Property Plant And Equipment Gross29.7M63.0M61.1M113.9M130.9M137.5M
Total Current Assets333.3M707.9M2.6B391.8M352.6M335.0M
Common Stock118K198K199K332K381.8K400.9K
Accumulated Other Comprehensive Income1.5M56K(9.0M)(7.5M)(6.7M)(6.4M)
Total Current Liabilities647K3.4M9.9M4.9B4.4B3.9B
Other Liab4.4M3.8M6.6M7.7M7.0M5.0M
Accounts Payable330K1.7M3.4M1.3M1.2M1.1M
Long Term Debt24.4M52.9M43.1M72.3M83.1M87.3M
Short Term Investments139.6M117.0M83.6M110.5M99.5M94.5M
Inventory(195.2M)(594.3M)2.4B44.0M50.5M45.7M
Other Current Assets196.6M597.2M70.5M391.8M352.6M413.0M
Short Term Debt1.5M11.6M40M1.8M1.6M1.5M
Intangible Assets1.7M11.6M10.8M54.0M48.6M46.2M
Property Plant Equipment23.8M29.7M63.0M61.1M70.3M73.8M
Other Current Liab(405K)677K(31.4M)4.9B4.4B4.5B
Net Tangible Assets173.0M175.8M279.7M295.5M339.8M175.1M
Long Term Investments206.7M522.9M644.3M629.4M566.5M645.6M

Currently Active Assets on Macroaxis

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:
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.