Shore Non Currrent Assets Other vs Non Current Liabilities Total Analysis

SHBI Stock

USD 16.45 0.01 0.06%

Shore Bancshares financial indicator trend analysis is much more than just breaking down Shore Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shore Bancshares is a good investment. Please check the relationship between Shore Bancshares Non Currrent Assets Other and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shore 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 Shore Stock please use our How to Invest in Shore Bancshares guide.

Non Currrent Assets Other vs Non Current Liabilities Total

Non Currrent Assets Other vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shore Bancshares Non Currrent Assets Other account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shore Bancshares' Non Currrent Assets Other and Non Current Liabilities Total is -0.54. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Shore Bancshares, assuming nothing else is changed. The correlation between historical values of Shore Bancshares' Non Currrent Assets Other and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Shore Bancshares are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Currrent Assets Other i.e., Shore Bancshares' Non Currrent Assets Other and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Liabilities Total

Most indicators from Shore Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shore 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shore 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 Shore Stock please use our How to Invest in Shore Bancshares guide.As of now, Shore Bancshares' Selling General Administrative is increasing as compared to previous years. The Shore Bancshares' current Sales General And Administrative To Revenue is estimated to increase to 0.61, while Tax Provision is projected to decrease to under 1.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	6.0M	12.5M	78.8M	82.7M
Depreciation And Amortization	2.2M	4.4M	10.9M	11.5M

Interest Expense Depreciation And Amortization

Shore Bancshares fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Total Current Liabilities	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Total Assets		0.84	0.99	0.99	-0.57	0.58	0.72	0.53	-0.76	0.92	0.65	0.94	0.86	0.26	0.94	0.22	0.99	1.0	1.0	0.4	0.97	0.87	0.27	0.48	0.96	-0.27
Short Long Term Debt Total	0.84		0.86	0.85	-0.32	0.69	0.52	0.59	-0.68	0.62	0.42	0.74	0.86	0.27	0.79	0.37	0.82	0.83	0.83	0.65	0.79	0.6	0.3	0.54	0.87	-0.37
Total Stockholder Equity	0.99	0.86		0.99	-0.55	0.66	0.7	0.57	-0.75	0.87	0.65	0.9	0.9	0.36	0.95	0.26	0.98	0.99	0.99	0.48	0.98	0.81	0.25	0.5	0.96	-0.23
Property Plant And Equipment Net	0.99	0.85	0.99		-0.58	0.61	0.73	0.59	-0.73	0.88	0.65	0.92	0.9	0.27	0.93	0.24	0.99	0.99	0.99	0.46	0.97	0.83	0.27	0.53	0.98	-0.3
Net Debt	-0.57	-0.32	-0.55	-0.58		-0.32	-0.97	-0.77	0.02	-0.59	-0.91	-0.53	-0.54	-0.11	-0.34	0.28	-0.55	-0.57	-0.57	0.05	-0.52	-0.43	-0.44	-0.72	-0.61	0.11
Retained Earnings	0.58	0.69	0.66	0.61	-0.32		0.43	0.59	-0.34	0.34	0.44	0.44	0.72	0.71	0.61	0.35	0.52	0.57	0.55	0.63	0.59	0.26	0.36	0.49	0.6	-0.02
Cash	0.72	0.52	0.7	0.73	-0.97	0.43		0.82	-0.18	0.69	0.92	0.66	0.69	0.15	0.5	-0.18	0.69	0.72	0.71	0.09	0.66	0.54	0.46	0.76	0.75	-0.18
Non Current Assets Total	0.53	0.59	0.57	0.59	-0.77	0.59	0.82		0.05	0.38	0.73	0.37	0.68	0.22	0.35	-0.16	0.51	0.53	0.54	0.29	0.47	0.23	0.26	0.91	0.68	-0.29
Non Currrent Assets Other	-0.76	-0.68	-0.75	-0.73	0.02	-0.34	-0.18	0.05		-0.66	-0.17	-0.75	-0.64	-0.21	-0.84	-0.54	-0.79	-0.76	-0.75	-0.51	-0.78	-0.73	-0.15	0.01	-0.64	0.12
Other Assets	0.92	0.62	0.87	0.88	-0.59	0.34	0.69	0.38	-0.66		0.66	0.92	0.63	0.21	0.87	-0.04	0.91	0.92	0.92	0.02	0.92	0.96	0.15	0.27	0.83	-0.13
Cash And Short Term Investments	0.65	0.42	0.65	0.65	-0.91	0.44	0.92	0.73	-0.17	0.66		0.57	0.61	0.4	0.52	-0.22	0.63	0.64	0.64	0.0	0.67	0.47	0.33	0.59	0.64	0.16
Net Receivables	0.94	0.74	0.9	0.92	-0.53	0.44	0.66	0.37	-0.75	0.92	0.57		0.73	0.11	0.87	0.24	0.91	0.95	0.94	0.29	0.89	0.9	0.38	0.36	0.88	-0.31
Good Will	0.86	0.86	0.9	0.9	-0.54	0.72	0.69	0.68	-0.64	0.63	0.61	0.73		0.33	0.78	0.44	0.87	0.86	0.86	0.69	0.83	0.55	0.32	0.66	0.88	-0.29
Common Stock Total Equity	0.26	0.27	0.36	0.27	-0.11	0.71	0.15	0.22	-0.21	0.21	0.4	0.11	0.33		0.46	0.11	0.25	0.26	0.24	0.18	0.42	0.1	-0.01	-0.02	0.17	0.64
Common Stock Shares Outstanding	0.94	0.79	0.95	0.93	-0.34	0.61	0.5	0.35	-0.84	0.87	0.52	0.87	0.78	0.46		0.3	0.94	0.94	0.94	0.42	0.98	0.83	0.11	0.24	0.86	-0.07
Non Current Liabilities Total	0.22	0.37	0.26	0.24	0.28	0.35	-0.18	-0.16	-0.54	-0.04	-0.22	0.24	0.44	0.11	0.3		0.23	0.21	0.2	0.75	0.2	0.0	0.25	-0.02	0.15	-0.11
Other Stockholder Equity	0.99	0.82	0.98	0.99	-0.55	0.52	0.69	0.51	-0.79	0.91	0.63	0.91	0.87	0.25	0.94	0.23		0.99	0.99	0.41	0.97	0.87	0.2	0.46	0.95	-0.27
Total Liab	1.0	0.83	0.99	0.99	-0.57	0.57	0.72	0.53	-0.76	0.92	0.64	0.95	0.86	0.26	0.94	0.21	0.99		1.0	0.39	0.97	0.88	0.28	0.47	0.96	-0.28
Property Plant And Equipment Gross	1.0	0.83	0.99	0.99	-0.57	0.55	0.71	0.54	-0.75	0.92	0.64	0.94	0.86	0.24	0.94	0.2	0.99	1.0		0.39	0.97	0.88	0.24	0.47	0.97	-0.29
Total Current Assets	0.4	0.65	0.48	0.46	0.05	0.63	0.09	0.29	-0.51	0.02	0.0	0.29	0.69	0.18	0.42	0.75	0.41	0.39	0.39		0.35	0.03	0.33	0.43	0.47	-0.37
Common Stock	0.97	0.79	0.98	0.97	-0.52	0.59	0.66	0.47	-0.78	0.92	0.67	0.89	0.83	0.42	0.98	0.2	0.97	0.97	0.97	0.35		0.86	0.18	0.36	0.9	-0.08
Total Current Liabilities	0.87	0.6	0.81	0.83	-0.43	0.26	0.54	0.23	-0.73	0.96	0.47	0.9	0.55	0.1	0.83	0.0	0.87	0.88	0.88	0.03	0.86		0.11	0.16	0.79	-0.24
Other Liab	0.27	0.3	0.25	0.27	-0.44	0.36	0.46	0.26	-0.15	0.15	0.33	0.38	0.32	-0.01	0.11	0.25	0.2	0.28	0.24	0.33	0.18	0.11		0.4	0.28	-0.14
Accounts Payable	0.48	0.54	0.5	0.53	-0.72	0.49	0.76	0.91	0.01	0.27	0.59	0.36	0.66	-0.02	0.24	-0.02	0.46	0.47	0.47	0.43	0.36	0.16	0.4		0.66	-0.47
Long Term Debt	0.96	0.87	0.96	0.98	-0.61	0.6	0.75	0.68	-0.64	0.83	0.64	0.88	0.88	0.17	0.86	0.15	0.95	0.96	0.97	0.47	0.9	0.79	0.28	0.66		-0.43
Short Term Investments	-0.27	-0.37	-0.23	-0.3	0.11	-0.02	-0.18	-0.29	0.12	-0.13	0.16	-0.31	-0.29	0.64	-0.07	-0.11	-0.27	-0.28	-0.29	-0.37	-0.08	-0.24	-0.14	-0.47	-0.43

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Shore Bancshares Account Relationship Matchups

Shore Bancshares fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.9B	3.5B	3.5B	6.0B	6.3B
Short Long Term Debt Total	21.0M	29.3M	64.5M	93.0M	85.2M	89.4M
Total Stockholder Equity	192.8M	195.0M	350.7M	364.3M	511.1M	536.7M
Property Plant And Equipment Net	28.6M	29.7M	63.0M	61.1M	94.9M	99.6M
Net Debt	(74.0M)	(157.6M)	(519.1M)	37.5M	(287.3M)	(272.9M)
Retained Earnings	131.4M	141.2M	150.0M	171.6M	162.3M	94.0M
Cash	95.0M	186.9M	583.6M	55.5M	372.4M	391.0M
Non Current Assets Total	181.3M	255.6M	661.0M	129.9M	246.9M	234.6M
Non Currrent Assets Other	(3.9M)	(6.1M)	(9.4M)	(663.8M)	(683.7M)	(649.5M)
Other Assets	1.2B	1.3B	2.1B	735.7M	5.4B	5.6B
Cash And Short Term Investments	217.8M	326.5M	700.6M	139.1M	482.9M	507.1M
Net Receivables	3.6M	6.8M	7.3M	9.4M	19.2M	20.2M
Common Stock Shares Outstanding	12.7M	12.4M	13.1M	19.8M	26.6M	27.9M
Liabilities And Stockholders Equity	1.6B	1.9B	3.5B	3.5B	6.0B	6.3B
Non Current Liabilities Total	19.8M	29.3M	64.5M	3.1B	601.5M	571.4M
Other Stockholder Equity	61.0M	52.2M	200.5M	201.5M	356.0M	373.8M
Total Liab	1.4B	1.7B	3.1B	3.1B	5.5B	5.8B
Property Plant And Equipment Gross	28.6M	29.7M	63.0M	61.1M	113.9M	119.5M
Total Current Assets	221.4M	333.3M	707.9M	2.6B	391.8M	372.2M
Common Stock	125K	118K	198K	199K	332K	348.6K
Accumulated Other Comprehensive Income	207K	1.5M	56K	(9.0M)	(7.5M)	(7.1M)
Total Current Liabilities	1.6M	647K	3.4M	9.9M	4.9B	3.9B
Other Liab	4.4M	3.8M	6.6M	7.7M	7.0M	5.0M
Accounts Payable	330K	1.7M	3.4M	1.3M	1.2M	1.1M
Short Term Investments	122.8M	139.6M	117.0M	83.6M	110.5M	105.0M
Inventory	(99.8M)	(195.2M)	(594.3M)	2.4B	44.0M	45.7M
Other Current Assets	99.8M	196.6M	597.2M	70.5M	391.8M	413.0M
Short Term Debt	1.2M	1.5M	11.6M	40M	1.8M	1.7M
Intangible Assets	2.3M	1.7M	11.6M	10.8M	54.0M	51.3M
Property Plant Equipment	23.8M	29.7M	63.0M	61.1M	70.3M	73.8M
Other Current Liab	(1.6M)	(405K)	677K	(31.4M)	4.9B	4.5B
Net Tangible Assets	173.0M	175.8M	279.7M	295.5M	339.8M	175.1M
Retained Earnings Total Equity	99.7M	120.6M	131.4M	141.2M	162.4M	108.5M
Capital Surpluse	65.3M	65.4M	61.0M	52.2M	60.0M	58.5M
Long Term Investments	1.4B	206.7M	522.9M	644.3M	629.4M	645.6M
Non Current Liabilities Other	5.6M	11.7M	8.9M	13.2M	15.1M	9.0M

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When determining whether Shore Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shore 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 Shore Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shore Bancshares Stock:

How To Invest In Shore

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Is Shore Stock a good investment?

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What is Shore Bancshares' Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shore 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 Shore Stock please use our How to Invest in Shore Bancshares 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 Shore Bancshares. If investors know Shore 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 Shore 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

0.69

Dividend Share

0.48

Earnings Share

1.31

Revenue Per Share

5.807

Quarterly Revenue Growth

1.078

The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shore Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Shore Non Currrent Assets Other vs Non Current Liabilities Total Analysis

Non Currrent Assets Other vs Non Current Liabilities Total

Non Currrent Assets Other vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Non Current Liabilities Total

Shore Bancshares fundamental ratios Correlations

Shore Bancshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shore Bancshares fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Liab
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets

Cash	- 0.97	Net Debt
Cash And Short Term Investments	- 0.91	Net Debt
Common Stock Shares Outstanding	- 0.84	Non Currrent Assets Other
Other Stockholder Equity	- 0.79	Non Currrent Assets Other
Common Stock	- 0.78	Non Currrent Assets Other
Non Current Assets Total	- 0.77	Net Debt