Shore Total Assets vs Long Term Debt Total Analysis
SHBI Stock | USD 16.45 0.01 0.06% |
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 Total Assets and its Long Term Debt Total 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.
Total Assets vs Long Term Debt Total
Total Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shore Bancshares Total Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shore Bancshares' Total Assets and Long Term Debt Total is 0.58. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt Total 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' Total Assets and Long Term Debt Total 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 Assets of Shore Bancshares are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Assets i.e., Shore Bancshares' Total Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Long Term Debt Total
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 Sales General And Administrative To Revenue is estimated to increase to 0.61, while Tax Provision is projected to decrease to under 1.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.0M | 12.5M | 78.8M | 82.7M | Depreciation And Amortization | 2.2M | 4.4M | 10.9M | 11.5M |
Shore Bancshares fundamental ratios Correlations
Click cells to compare fundamentals
Shore Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shore Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.9B | 3.5B | 3.5B | 6.0B | 6.3B | |
Short Long Term Debt Total | 21.0M | 29.3M | 64.5M | 93.0M | 85.2M | 89.4M | |
Total Stockholder Equity | 192.8M | 195.0M | 350.7M | 364.3M | 511.1M | 536.7M | |
Property Plant And Equipment Net | 28.6M | 29.7M | 63.0M | 61.1M | 94.9M | 99.6M | |
Net Debt | (74.0M) | (157.6M) | (519.1M) | 37.5M | (287.3M) | (272.9M) | |
Retained Earnings | 131.4M | 141.2M | 150.0M | 171.6M | 162.3M | 94.0M | |
Cash | 95.0M | 186.9M | 583.6M | 55.5M | 372.4M | 391.0M | |
Non Current Assets Total | 181.3M | 255.6M | 661.0M | 129.9M | 246.9M | 234.6M | |
Non Currrent Assets Other | (3.9M) | (6.1M) | (9.4M) | (663.8M) | (683.7M) | (649.5M) | |
Other Assets | 1.2B | 1.3B | 2.1B | 735.7M | 5.4B | 5.6B | |
Cash And Short Term Investments | 217.8M | 326.5M | 700.6M | 139.1M | 482.9M | 507.1M | |
Net Receivables | 3.6M | 6.8M | 7.3M | 9.4M | 19.2M | 20.2M | |
Common Stock Shares Outstanding | 12.7M | 12.4M | 13.1M | 19.8M | 26.6M | 27.9M | |
Liabilities And Stockholders Equity | 1.6B | 1.9B | 3.5B | 3.5B | 6.0B | 6.3B | |
Non Current Liabilities Total | 19.8M | 29.3M | 64.5M | 3.1B | 601.5M | 571.4M | |
Other Stockholder Equity | 61.0M | 52.2M | 200.5M | 201.5M | 356.0M | 373.8M | |
Total Liab | 1.4B | 1.7B | 3.1B | 3.1B | 5.5B | 5.8B | |
Property Plant And Equipment Gross | 28.6M | 29.7M | 63.0M | 61.1M | 113.9M | 119.5M | |
Total Current Assets | 221.4M | 333.3M | 707.9M | 2.6B | 391.8M | 372.2M | |
Common Stock | 125K | 118K | 198K | 199K | 332K | 348.6K | |
Accumulated Other Comprehensive Income | 207K | 1.5M | 56K | (9.0M) | (7.5M) | (7.1M) | |
Total Current Liabilities | 1.6M | 647K | 3.4M | 9.9M | 4.9B | 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 | |
Short Term Investments | 122.8M | 139.6M | 117.0M | 83.6M | 110.5M | 105.0M | |
Inventory | (99.8M) | (195.2M) | (594.3M) | 2.4B | 44.0M | 45.7M | |
Other Current Assets | 99.8M | 196.6M | 597.2M | 70.5M | 391.8M | 413.0M | |
Short Term Debt | 1.2M | 1.5M | 11.6M | 40M | 1.8M | 1.7M | |
Intangible Assets | 2.3M | 1.7M | 11.6M | 10.8M | 54.0M | 51.3M | |
Property Plant Equipment | 23.8M | 29.7M | 63.0M | 61.1M | 70.3M | 73.8M | |
Other Current Liab | (1.6M) | (405K) | 677K | (31.4M) | 4.9B | 4.5B | |
Net Tangible Assets | 173.0M | 175.8M | 279.7M | 295.5M | 339.8M | 175.1M | |
Retained Earnings Total Equity | 99.7M | 120.6M | 131.4M | 141.2M | 162.4M | 108.5M | |
Capital Surpluse | 65.3M | 65.4M | 61.0M | 52.2M | 60.0M | 58.5M | |
Long Term Investments | 1.4B | 206.7M | 522.9M | 644.3M | 629.4M | 645.6M | |
Non Current Liabilities Other | 5.6M | 11.7M | 8.9M | 13.2M | 15.1M | 9.0M |
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 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 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 0.69 | Dividend Share 0.48 | Earnings Share 1.31 | Revenue Per Share 5.807 | Quarterly Revenue Growth 1.078 |
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.