Bank7 Short Term Investments vs Other Current Assets Analysis
BSVN Stock | USD 47.63 0.75 1.55% |
Bank7 Corp financial indicator trend analysis is way more than just evaluating Bank7 Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank7 Corp is a good investment. Please check the relationship between Bank7 Corp Short Term Investments and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank7 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Bank7 Stock, please use our How to Invest in Bank7 Corp guide.
Short Term Investments vs Other Current Assets
Short Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank7 Corp Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bank7 Corp's Short Term Investments and Other Current Assets is -0.55. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Bank7 Corp, assuming nothing else is changed. The correlation between historical values of Bank7 Corp's Short Term Investments and Other Current 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 Short Term Investments of Bank7 Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., Bank7 Corp's Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Bank7 Corp balance sheet. It contains any investments Bank7 Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bank7 Corp can easily liquidate in the marketplace.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Bank7 Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank7 Corp 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 Bank7 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Bank7 Stock, please use our How to Invest in Bank7 Corp guide.At this time, Bank7 Corp's Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 75.1 M, while Tax Provision is likely to drop about 6.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 56.3M | 78.7M | 121.5M | 62.7M | Net Interest Income | 53.2M | 69.4M | 82.5M | 52.3M |
Bank7 Corp fundamental ratios Correlations
Click cells to compare fundamentals
Bank7 Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank7 Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 866.4M | 1.0B | 1.4B | 1.6B | 1.8B | 1.2B | |
Other Current Liab | (8.8M) | (3.8M) | (5.7M) | (1.1M) | 1.4B | 1.5B | |
Total Current Liabilities | 8.8M | 3.8M | 5.7M | 1.1M | 1.4B | 1.5B | |
Total Stockholder Equity | 100.1M | 107.3M | 127.4M | 144.1M | 170.3M | 118.5M | |
Other Liab | 3.8M | 7.8M | 3.5M | 5.6M | 6.4M | 4.7M | |
Net Tangible Assets | 98.3M | 105.7M | 121.0M | 134.2M | 154.3M | 104.6M | |
Property Plant And Equipment Net | 9.6M | 9.2M | 17.3M | 13.1M | 16.9M | 12.4M | |
Net Debt | (147.3M) | (170.3M) | (198.6M) | (112.5M) | (196.7M) | (206.6M) | |
Retained Earnings | 7.6M | 14.1M | 33.1M | 58.0M | 79.0M | 42.6M | |
Accounts Payable | 8.8M | 3.8M | 5.7M | 9.7M | 11.2M | 6.3M | |
Cash | 147.3M | 170.3M | 198.6M | 114.6M | 181.0M | 165.8M | |
Non Current Assets Total | 12.5M | 11.9M | 113.4M | 23.0M | 1.6B | 1.6B | |
Non Currrent Assets Other | (2.2M) | (3.0M) | (3.4M) | (182.0M) | 1.4B | 1.4B | |
Other Assets | 700.5M | 827.3M | 943.2M | 1.3B | 24.2M | 23.0M | |
Cash And Short Term Investments | 147.3M | 170.3M | 283.4M | 287.8M | 181.0M | 201.2M | |
Net Receivables | 6.1M | 7.2M | 10.5M | 16.4M | 18.9M | 19.9M | |
Common Stock Total Equity | 102K | 101K | 90K | 91K | 104.7K | 97.1K | |
Common Stock Shares Outstanding | 10.1M | 9.4M | 9.1M | 9.2M | 9.3M | 7.6M | |
Short Term Investments | 1.1M | 1.2M | 84.8M | 173.2M | 169.5M | 178.0M | |
Liabilities And Stockholders Equity | 866.4M | 1.0B | 1.4B | 1.6B | 1.8B | 1.2B | |
Non Current Liabilities Total | 765.9M | 909.3M | 722.7M | 1.4B | 1.6B | 842.9M | |
Capital Surpluse | 80.3M | 92.4M | 93.2M | 95.3M | 109.6M | 68.8M | |
Inventory | (151.2M) | (174.7M) | (212.3M) | (122.7M) | (110.4M) | (116.0M) | |
Other Current Assets | 151.2M | 174.7M | 212.3M | 122.7M | 207.4M | 251.3M | |
Other Stockholder Equity | 92.4M | 93.2M | 94.0M | 95.3M | 97.4M | 79.4M | |
Total Liab | 8.8M | 3.8M | 5.7M | 1.4B | 1.6B | 1.7B | |
Long Term Investments | 1.1M | 1.2M | 86.0M | 174.4M | 170.8M | 179.3M | |
Property Plant And Equipment Gross | 9.6M | 9.2M | 22.4M | 19.3M | 21.7M | 14.6M | |
Total Current Assets | 153.4M | 177.5M | 293.9M | 304.2M | 181.0M | 209.0M | |
Accumulated Other Comprehensive Income | 24K | 0.0 | 144K | (9.3M) | (6.1M) | (5.8M) | |
Intangible Assets | 778K | 572K | 1.6M | 1.3M | 1.0M | 892.9K | |
Common Stock | 102K | 101K | 90K | 91K | 92K | 98.0K | |
Property Plant Equipment | 9.6M | 9.2M | 17.3M | 13.1M | 15.1M | 11.5M |
Pair Trading with Bank7 Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank7 Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank7 Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank7 Stock
0.91 | AX | Axos Financial | PairCorr |
0.89 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.65 | KB | KB Financial Group | PairCorr |
Moving against Bank7 Stock
0.65 | CFG-PE | Citizens Financial | PairCorr |
0.62 | TFC-PO | Truist Financial | PairCorr |
0.6 | TFC-PR | Truist Financial | PairCorr |
0.35 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Bank7 Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank7 Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank7 Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank7 Corp to buy it.
The correlation of Bank7 Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank7 Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank7 Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank7 Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank7 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Bank7 Stock, please use our How to Invest in Bank7 Corp guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Bank7 Corp. If investors know Bank7 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 Bank7 Corp 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 0.459 | Dividend Share 0.87 | Earnings Share 3.79 | Revenue Per Share 9.288 | Quarterly Revenue Growth 0.415 |
The market value of Bank7 Corp is measured differently than its book value, which is the value of Bank7 that is recorded on the company's balance sheet. Investors also form their own opinion of Bank7 Corp's value that differs from its market value or its book value, called intrinsic value, which is Bank7 Corp'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 Bank7 Corp's market value can be influenced by many factors that don't directly affect Bank7 Corp'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 Bank7 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank7 Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank7 Corp'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.