Affinity Capital Expenditures vs Change In Cash Analysis
AFBI Stock | USD 21.79 0.04 0.18% |
Affinity Bancshares financial indicator trend analysis is way more than just evaluating Affinity Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affinity Bancshares is a good investment. Please check the relationship between Affinity Bancshares Capital Expenditures and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affinity 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 Affinity Stock please use our How to Invest in Affinity Bancshares guide.
Capital Expenditures vs Change In Cash
Capital Expenditures vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affinity Bancshares Capital Expenditures account and Change In Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Affinity Bancshares' Capital Expenditures and Change In Cash is -0.72. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Affinity Bancshares, assuming nothing else is changed. The correlation between historical values of Affinity Bancshares' Capital Expenditures and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Affinity Bancshares are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Capital Expenditures i.e., Affinity Bancshares' Capital Expenditures and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Affinity Bancshares to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Affinity Bancshares operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change In Cash
Most indicators from Affinity Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affinity 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Affinity 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 Affinity Stock please use our How to Invest in Affinity Bancshares guide.As of now, Affinity Bancshares' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Affinity Bancshares' current Enterprise Value Multiple is estimated to increase to 13.30, while Tax Provision is projected to decrease to under 1.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 32.5M | 32.1M | 40.6M | 33.2M | Net Interest Income | 29.3M | 29.8M | 27.8M | 27.4M |
Affinity Bancshares fundamental ratios Correlations
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Affinity Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Affinity Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 3.9M | 4.7M | 3.3M | 7.0M | 154.7M | 162.4M | |
Other Liab | 3.2M | 2.8M | 2.4M | 2.5M | 2.2M | 2.3M | |
Net Tangible Assets | 77.2M | 61.8M | 102.2M | 98.5M | 113.3M | 91.6M | |
Retained Earnings | 47.6M | 50.7M | 58.2M | 65.4M | 71.3M | 62.4M | |
Accounts Payable | 3.9M | 4.7M | 5.3M | 7.0M | 6.3M | 6.0M | |
Other Assets | 251.7M | 584.9M | 546.2M | 595.6M | 682.9M | 531.1M | |
Inventory | (48.3M) | (179.5M) | (115.3M) | 2.9M | 2.6M | 2.7M | |
Other Current Assets | 48.3M | 179.5M | 115.3M | 29.2M | 52.9M | 79.0M | |
Other Stockholder Equity | 29.5M | 29.9M | 63.0M | 58.3M | 56.4M | 42.9M | |
Total Current Assets | 54.9M | 212.6M | 168.3M | 99.1M | 50.0M | 47.5M | |
Property Plant Equipment | 8.5M | 8.6M | 3.8M | 4.3M | 3.8M | 5.5M |
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When determining whether Affinity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Affinity 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 Affinity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Affinity Bancshares Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affinity 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 Affinity Stock please use our How to Invest in Affinity Bancshares guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Affinity Bancshares. If investors know Affinity 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 Affinity 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 0.04 | Earnings Share 0.85 | Revenue Per Share 4.772 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0065 |
The market value of Affinity Bancshares is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Affinity 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 Affinity Bancshares' market value can be influenced by many factors that don't directly affect Affinity 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 Affinity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity 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.