Patriot Interest Coverage from 2010 to 2024

PNBK Stock  USD 2.62  0.06  2.24%   
Patriot National Interest Coverage yearly trend continues to be quite stable with very little volatility. Interest Coverage may rise above -0.13 this year. From the period between 2010 and 2024, Patriot National, Interest Coverage regression line of its data series had standard deviation of  0.91 and standard deviation of  0.91. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
(0.14)
Current Value
(0.13)
Quarterly Volatility
0.90947038
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Patriot National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patriot National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 893.9 K, Interest Expense of 32 M or Selling General Administrative of 10.9 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0326 or PTB Ratio of 0.33. Patriot financial statements analysis is a perfect complement when working with Patriot National Valuation or Volatility modules.
  
Check out the analysis of Patriot National Correlation against competitors.

Latest Patriot National's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Patriot National Bancorp over the last few years. It is Patriot National's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patriot National's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Patriot Interest Coverage Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.51
Coefficient Of Variation396.00
Mean Deviation0.76
Median(0.07)
Standard Deviation0.91
Sample Variance0.83
Range3.155
R-Value0.36
Mean Square Error0.78
R-Squared0.13
Significance0.19
Slope0.07
Total Sum of Squares11.58

Patriot Interest Coverage History

2024 -0.13
2023 -0.14
2022 1.58
2021 0.71
2020 -0.3
2019 -0.2
2018 1.33

About Patriot National Financial Statements

Patriot National investors utilize fundamental indicators, such as Interest Coverage, to predict how Patriot Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Coverage(0.14)(0.13)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Patriot National Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patriot Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patriot National Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Patriot National Bancorp Stock:
Check out the analysis of Patriot National Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 Patriot National. If investors know Patriot 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 Patriot National 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
(0.48)
Earnings Share
(7.40)
Revenue Per Share
6.099
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.01)
The market value of Patriot National Bancorp is measured differently than its book value, which is the value of Patriot that is recorded on the company's balance sheet. Investors also form their own opinion of Patriot National's value that differs from its market value or its book value, called intrinsic value, which is Patriot National'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 Patriot National's market value can be influenced by many factors that don't directly affect Patriot National'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 Patriot National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patriot National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patriot National'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.