ACNB Other Assets vs Cash And Short Term Investments Analysis
ACNB Stock | USD 46.86 0.22 0.47% |
ACNB financial indicator trend analysis is way more than just evaluating ACNB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACNB is a good investment. Please check the relationship between ACNB Other Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Other Assets vs Cash And Short Term Investments
Other Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACNB Other Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ACNB's Other Assets and Cash And Short Term Investments is -0.19. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of ACNB Corporation, assuming nothing else is changed. The correlation between historical values of ACNB's Other Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of ACNB Corporation are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Assets i.e., ACNB's Other Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of ACNB balance sheet. This account contains ACNB investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ACNB Corporation fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from ACNB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACNB 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, ACNB's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.31, whereas Tax Provision is forecasted to decline to about 6.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 93.9M | 421K | 106.4M | 111.7M | Total Revenue | 93.9M | 421K | 106.4M | 111.7M |
ACNB fundamental ratios Correlations
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ACNB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ACNB fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.6B | 2.8B | 2.5B | 2.4B | 1.3B | |
Short Long Term Debt Total | 69.8M | 95.3M | 73.2M | 66.1M | 254.8M | 267.5M | |
Total Current Liabilities | 750K | 41.6M | 38.5M | 45.1M | 1.5B | 1.6B | |
Total Stockholder Equity | 189.5M | 258.0M | 272.1M | 245.0M | 277.5M | 291.3M | |
Property Plant And Equipment Net | 29.2M | 36.2M | 34.3M | 30.2M | 28.9M | 17.2M | |
Net Debt | (44.6M) | (342.5M) | (672.2M) | (144.0M) | 188.8M | 198.3M | |
Retained Earnings | 138.7M | 148.4M | 167.2M | 193.9M | 213.5M | 224.2M | |
Cash | 114.4M | 399.4M | 710.1M | 168.2M | 66.0M | 75.6M | |
Non Current Assets Total | 266.9M | 437.1M | 529.9M | 706.1M | 2.4B | 2.5B | |
Non Currrent Assets Other | (7.9M) | (11.4M) | (10.5M) | (25.4M) | 1.8B | 1.8B | |
Other Assets | 1.1B | 1.4B | 1.1B | 1.1B | 1.0 | 0.95 | |
Cash And Short Term Investments | 305.2M | 737.1M | 1.1B | 721.7M | 473.1M | 496.8M | |
Common Stock Total Equity | 17.9M | 21.9M | 22.0M | 22.1M | 25.4M | 16.9M | |
Common Stock Shares Outstanding | 7.1M | 8.6M | 8.7M | 8.6M | 8.5M | 7.1M | |
Liabilities And Stockholders Equity | 1.7B | 2.6B | 2.8B | 2.5B | 2.4B | 1.3B | |
Other Stockholder Equity | 38.9M | 93.3M | 92.4M | 87.1M | 86.6M | 91.0M | |
Total Liab | 1.5B | 56.9M | 38.0M | 2.3B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 29.2M | 36.2M | 61.0M | 55.7M | 56.2M | 59.0M | |
Total Current Assets | 305.2M | 737.1M | 1.1B | 721.7M | 66.0M | 62.7M | |
Short Term Debt | 750K | 41.6M | 38.5M | 45.1M | 56.9M | 30.4M | |
Common Stock | 17.9M | 21.9M | 22.0M | 22.1M | 22.2M | 17.2M | |
Accumulated Other Comprehensive Income | (5.9M) | (5.6M) | (9.5M) | (58.0M) | (44.9M) | (42.7M) | |
Other Liab | 15.2M | 19.7M | 18.6M | 15.4M | 17.7M | 11.1M | |
Accounts Payable | 1.4B | 2.2B | 2.4B | 2.2B | 2.5B | 2.7B | |
Long Term Debt | 65.5M | 53.7M | 34.7M | 21M | 195.3M | 205.1M | |
Short Term Investments | 190.8M | 337.7M | 437.1M | 553.6M | 451.7M | 474.3M | |
Inventory | 436K | 155K | 364K | 474K | 426.6K | 405.3K | |
Property Plant Equipment | 29.2M | 33.0M | 1.1M | 3.4M | 3.9M | 3.7M | |
Non Current Liabilities Total | 69.8M | 56.9M | 38.0M | 2.2B | 2.1B | 2.2B | |
Intangible Assets | 4.4M | 7.3M | 6.1M | 10.3M | 9.1M | 5.5M | |
Other Current Assets | 114.7M | 399.4M | 711.2M | 172.0M | 66.4M | 63.1M | |
Other Current Liab | (750K) | 38.5M | 2.4B | 2.2B | 1.5B | 1.2B | |
Net Tangible Assets | 165.5M | 208.6M | 272.1M | 190.5M | 219.1M | 157.2M | |
Capital Surpluse | 39.6M | 94.0M | 94.7M | 96.0M | 110.4M | 115.9M | |
Long Term Investments | 213.7M | 2.0B | 437.1M | 553.6M | 518.2M | 704.6M |
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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 ACNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACNB'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 Acnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acnb Corporation Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing 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 ACNB. If investors know ACNB 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 ACNB 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 (0.21) | Dividend Share 1.24 | Earnings Share 3.44 | Revenue Per Share 12.525 | Quarterly Revenue Growth (0.01) |
The market value of ACNB is measured differently than its book value, which is the value of ACNB that is recorded on the company's balance sheet. Investors also form their own opinion of ACNB's value that differs from its market value or its book value, called intrinsic value, which is ACNB'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 ACNB's market value can be influenced by many factors that don't directly affect ACNB'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 ACNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACNB'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.