Equity Change To Inventory vs Other Non Cash Items Analysis

EQBK Stock  USD 42.34  0.02  0.05%   
Equity Bancshares, financial indicator trend analysis is much more than just examining Equity Bancshares, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Bancshares, is a good investment. Please check the relationship between Equity Bancshares, Change To Inventory and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity 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 information on how to buy Equity Stock please use our How to buy in Equity Stock guide.

Change To Inventory vs Other Non Cash Items

Change To Inventory vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Bancshares, Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equity Bancshares,'s Change To Inventory and Other Non Cash Items is 0.43. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Equity Bancshares,, assuming nothing else is changed. The correlation between historical values of Equity Bancshares,'s Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Equity Bancshares, are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., Equity Bancshares,'s Change To Inventory and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Other Non Cash Items

Most indicators from Equity Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity 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 information on how to buy Equity Stock please use our How to buy in Equity Stock guide.At this time, Equity Bancshares,'s Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 7.87 this year, although the value of Selling General Administrative will most likely fall to about 54.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit171.9M27K137.0M100.6M
Total Revenue171.9M194.9M137.0M118.5M

Equity Bancshares, fundamental ratios Correlations

0.230.60.670.70.980.390.950.45-0.570.970.66-0.490.660.480.940.880.790.660.030.740.930.750.950.68-0.33
0.23-0.430.59-0.350.230.020.20.51-0.440.120.80.160.08-0.040.020.34-0.210.250.60.710.120.680.18-0.330.12
0.6-0.430.370.810.590.750.59-0.05-0.190.660.18-0.350.160.680.70.50.65-0.03-0.130.270.690.190.650.63-0.73
0.670.590.370.250.650.550.640.66-0.580.610.9-0.010.180.40.540.660.30.20.680.90.670.770.670.16-0.39
0.7-0.350.810.250.730.480.80.1-0.40.830.15-0.720.570.730.860.640.90.33-0.370.220.80.120.790.94-0.61
0.980.230.590.650.730.380.960.44-0.610.970.64-0.570.620.530.960.90.770.64-0.010.730.950.710.950.71-0.37
0.390.020.750.550.480.380.4-0.14-0.280.420.47-0.07-0.170.790.440.490.34-0.420.130.480.520.30.490.23-0.93
0.950.20.590.640.80.960.40.46-0.710.980.61-0.610.670.570.970.90.840.61-0.040.670.950.60.970.79-0.42
0.450.51-0.050.660.10.44-0.140.46-0.540.390.57-0.010.48-0.110.290.260.150.590.680.530.320.510.380.150.25
-0.57-0.44-0.19-0.58-0.4-0.61-0.28-0.71-0.54-0.57-0.580.21-0.37-0.25-0.53-0.54-0.37-0.35-0.17-0.52-0.53-0.45-0.59-0.370.23
0.970.120.660.610.830.970.420.980.39-0.570.57-0.650.670.620.990.910.880.61-0.080.650.980.60.990.82-0.45
0.660.80.180.90.150.640.470.610.57-0.580.57-0.020.240.340.50.690.220.290.60.940.60.850.650.08-0.3
-0.490.16-0.35-0.01-0.72-0.57-0.07-0.61-0.010.21-0.65-0.02-0.49-0.62-0.67-0.64-0.73-0.490.49-0.14-0.61-0.07-0.58-0.790.35
0.660.080.160.180.570.62-0.170.670.48-0.370.670.24-0.490.170.630.480.730.82-0.190.240.540.330.610.70.12
0.48-0.040.680.40.730.530.790.57-0.11-0.250.620.34-0.620.170.640.70.64-0.09-0.160.410.680.210.640.58-0.92
0.940.020.70.540.860.960.440.970.29-0.530.990.5-0.670.630.640.90.90.56-0.170.60.980.530.980.85-0.49
0.880.340.50.660.640.90.490.90.26-0.540.910.69-0.640.480.70.90.750.47-0.030.770.930.690.920.63-0.54
0.79-0.210.650.30.90.770.340.840.15-0.370.880.22-0.730.730.640.90.750.51-0.380.310.840.270.850.93-0.45
0.660.25-0.030.20.330.64-0.420.610.59-0.350.610.29-0.490.82-0.090.560.470.51-0.060.340.470.50.520.490.4
0.030.6-0.130.68-0.37-0.010.13-0.040.68-0.17-0.080.60.49-0.19-0.16-0.17-0.03-0.38-0.060.51-0.040.44-0.02-0.450.09
0.740.710.270.90.220.730.480.670.53-0.520.650.94-0.140.240.410.60.770.310.340.510.690.910.720.15-0.34
0.930.120.690.670.80.950.520.950.32-0.530.980.6-0.610.540.680.980.930.840.47-0.040.690.590.980.77-0.56
0.750.680.190.770.120.710.30.60.51-0.450.60.85-0.070.330.210.530.690.270.50.440.910.590.610.05-0.1
0.950.180.650.670.790.950.490.970.38-0.590.990.65-0.580.610.640.980.920.850.52-0.020.720.980.610.78-0.51
0.68-0.330.630.160.940.710.230.790.15-0.370.820.08-0.790.70.580.850.630.930.49-0.450.150.770.050.78-0.41
-0.330.12-0.73-0.39-0.61-0.37-0.93-0.420.250.23-0.45-0.30.350.12-0.92-0.49-0.54-0.450.40.09-0.34-0.56-0.1-0.51-0.41
Click cells to compare fundamentals

Equity Bancshares, Account Relationship Matchups

Equity Bancshares, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Stockholder Equity478.1M407.6M500.6M410.1M452.9M357.5M
Net Debt256.5M(182.6M)(163.2M)133.6M(26.4M)(25.0M)
Cash91.5M280.4M259.1M101.7M363.3M381.5M
Other Assets2.5B1.8B2.0B2.3B4.5B2.9B
Cash And Short Term Investments233.5M1.2B1.6B1.3B1.3B1.3B
Common Stock Shares Outstanding15.8M15.1M15.3M16.4M15.6M13.0M
Non Current Liabilities Total347.9M97.8M95.9M32.8M1.7B1.8B
Total Liab3.5B3.6B4.6B4.6B4.6B3.0B
Total Current Assets249.3M1.2B1.6B1.3B406.4M386.1M
Total Assets3.9B4.0B5.1B5.0B5.0B3.6B
Short Long Term Debt Total347.9M97.8M95.9M235.3M336.9M253.9M
Other Current Liab(18.5M)(19.1M)(49.6M)(100.6M)(27.3M)(28.6M)
Total Current Liabilities18.5M19.1M49.6M32.8M9.2M8.7M
Other Liab11.7M5.2M17.7M32.3M37.1M39.0M
Property Plant And Equipment Net84.5M89.4M104.0M101.5M107.3M79.4M
Retained Earnings125.8M50.8M88.3M140.1M141.0M83.3M
Accounts Payable18.5M19.1M49.6M32.8M36.5M20.3M
Non Current Assets Total1.2B1.0B1.5B1.4B170.4M161.8M
Non Currrent Assets Other(1.2B)(1.0B)(1.5B)(1.4B)(49.6M)(47.2M)
Long Term Debt347.9M87.7M95.9M235.3M336.9M224.4M
Net Receivables15.7M15.8M18.0M20.6M25.5M14.4M
Good Will136.4M31.6M56.6M53.1M61.1M68.1M
Short Term Investments142.1M871.8M1.3B1.2B919.6M512.1M
Liabilities And Stockholders Equity3.9B4.0B5.1B5.0B5.0B3.6B
Inventory8.5M11.7M9.5M(129.5M)(406.4M)(386.1M)
Other Current Assets2.5B1.8B2.0B129.5M406.4M386.1M
Other Stockholder Equity352.1M336.9M410.3M383.3M369.6M303.0M
Property Plant And Equipment Gross84.5M89.4M130.8M132.5M147.9M89.3M
Accumulated Other Comprehensive Income(3K)19.8M1.8M(113.5M)(57.9M)(55.0M)
Treasury Stock(30.5M)(49.9M)(68.5M)(101.7M)(91.5M)(87.0M)
Intangible Assets19.9M16.1M14.9M10.6M7.2M11.0M
Property Plant Equipment88.6M89.4M104.0M101.5M116.7M76.0M
Net Tangible Assets321.7M360.0M429.1M346.4M398.3M296.5M
Long Term Investments911.1M3.4B1.3B1.2B921.9M1.2B
Short Term Debt4.8M87.7M95.9M47.2M284.0M298.1M
Retained Earnings Total Equity125.8M50.8M88.3M140.1M161.1M89.5M

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When determining whether Equity Bancshares, 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 Equity 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 Equity Bancshares, Stock. Highlighted below are key reports to facilitate an investment decision about Equity Bancshares, Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity 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 information on how to buy Equity Stock please use our How to buy in Equity Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for 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 Equity Bancshares,. If investors know Equity 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 Equity 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
0.6
Dividend Share
0.51
Earnings Share
1.15
Revenue Per Share
10.286
Quarterly Revenue Growth
0.099
The market value of Equity Bancshares, is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Bancshares,'s value that differs from its market value or its book value, called intrinsic value, which is Equity Bancshares,'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 Equity Bancshares,'s market value can be influenced by many factors that don't directly affect Equity Bancshares,'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 Equity Bancshares,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Bancshares, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Bancshares,'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.