TriCo Good Will vs Long Term Investments Analysis

TCBK Stock  USD 48.54  0.43  0.89%   
TriCo Bancshares financial indicator trend analysis is much more than just breaking down TriCo Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriCo Bancshares is a good investment. Please check the relationship between TriCo Bancshares Good Will and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo 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 TriCo Stock please use our How to buy in TriCo Stock guide.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriCo Bancshares Good Will account and Long Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between TriCo Bancshares' Good Will and Long Term Investments is 0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of TriCo Bancshares, assuming nothing else is changed. The correlation between historical values of TriCo Bancshares' Good Will and Long 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 Good Will of TriCo Bancshares are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., TriCo Bancshares' Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Investments

Long Term Investments is an item on the asset side of TriCo Bancshares balance sheet that represents investments TriCo Bancshares intends to hold for over a year. TriCo Bancshares long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from TriCo Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriCo 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 TriCo 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 TriCo Stock please use our How to buy in TriCo Stock guide.At this time, TriCo Bancshares' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 12.24 this year, although the value of Tax Provision will most likely fall to about 38.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.5M9.5M81.7M85.8M
Depreciation And Amortization16.9M18.0M18.8M19.8M

TriCo Bancshares fundamental ratios Correlations

0.75-0.580.590.990.910.580.990.56-0.270.690.510.310.440.950.820.74-0.51.00.940.2-0.640.970.970.960.73
0.75-0.930.930.70.490.840.830.89-0.480.90.85-0.12-0.190.910.380.93-0.330.760.79-0.37-0.450.770.70.891.0
-0.58-0.93-0.99-0.57-0.35-0.76-0.68-0.970.42-0.97-0.980.470.41-0.76-0.2-0.770.18-0.58-0.720.350.18-0.64-0.55-0.75-0.93
0.590.93-0.990.580.370.790.690.98-0.450.970.98-0.46-0.410.770.190.79-0.190.590.73-0.36-0.20.650.560.760.94
0.990.7-0.570.580.950.570.970.57-0.280.70.520.260.430.920.840.67-0.50.980.970.26-0.610.980.990.940.69
0.910.49-0.350.370.950.390.870.38-0.180.520.330.340.560.770.870.47-0.50.90.90.44-0.590.910.940.80.47
0.580.84-0.760.790.570.390.650.81-0.880.740.71-0.07-0.30.780.280.85-0.250.580.65-0.54-0.60.680.620.750.87
0.990.83-0.680.690.970.870.650.65-0.310.770.610.210.330.970.770.8-0.480.990.950.12-0.620.970.950.980.81
0.560.89-0.970.980.570.380.810.65-0.510.950.97-0.46-0.450.740.170.76-0.260.550.74-0.38-0.230.660.570.730.9
-0.27-0.480.42-0.45-0.28-0.18-0.88-0.31-0.51-0.4-0.390.00.33-0.45-0.12-0.560.1-0.26-0.340.570.58-0.41-0.38-0.42-0.52
0.690.9-0.970.970.70.520.740.770.95-0.40.97-0.43-0.270.810.340.73-0.180.690.83-0.15-0.220.750.670.810.9
0.510.85-0.980.980.520.330.710.610.97-0.390.97-0.59-0.460.680.130.66-0.10.510.7-0.28-0.110.590.490.670.86
0.31-0.120.47-0.460.260.34-0.070.21-0.460.0-0.43-0.590.730.160.50.14-0.450.310.040.14-0.590.220.310.17-0.15
0.44-0.190.41-0.410.430.56-0.30.33-0.450.33-0.27-0.460.730.190.62-0.06-0.380.440.220.74-0.440.310.40.21-0.22
0.950.91-0.760.770.920.770.780.970.74-0.450.810.680.160.190.660.9-0.510.950.92-0.08-0.660.950.921.00.9
0.820.38-0.20.190.840.870.280.770.17-0.120.340.130.50.620.660.39-0.330.820.730.41-0.560.770.820.690.35
0.740.93-0.770.790.670.470.850.80.76-0.560.730.660.14-0.060.90.39-0.510.750.71-0.46-0.630.760.710.880.93
-0.5-0.330.18-0.19-0.5-0.5-0.25-0.48-0.260.1-0.18-0.1-0.45-0.38-0.51-0.33-0.51-0.5-0.450.020.51-0.55-0.57-0.48-0.32
1.00.76-0.580.590.980.90.580.990.55-0.260.690.510.310.440.950.820.75-0.50.930.2-0.640.970.970.960.74
0.940.79-0.720.730.970.90.650.950.74-0.340.830.70.040.220.920.730.71-0.450.930.15-0.520.970.950.940.78
0.2-0.370.35-0.360.260.44-0.540.12-0.380.57-0.15-0.280.140.74-0.080.41-0.460.020.20.150.080.110.18-0.04-0.39
-0.64-0.450.18-0.2-0.61-0.59-0.6-0.62-0.230.58-0.22-0.11-0.59-0.44-0.66-0.56-0.630.51-0.64-0.520.08-0.64-0.67-0.63-0.45
0.970.77-0.640.650.980.910.680.970.66-0.410.750.590.220.310.950.770.76-0.550.970.970.11-0.640.990.960.76
0.970.7-0.550.560.990.940.620.950.57-0.380.670.490.310.40.920.820.71-0.570.970.950.18-0.670.990.930.69
0.960.89-0.750.760.940.80.750.980.73-0.420.810.670.170.211.00.690.88-0.480.960.94-0.04-0.630.960.930.88
0.731.0-0.930.940.690.470.870.810.9-0.520.90.86-0.15-0.220.90.350.93-0.320.740.78-0.39-0.450.760.690.88
Click cells to compare fundamentals

TriCo Bancshares Account Relationship Matchups

TriCo Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5B7.6B8.6B9.9B9.9B10.4B
Short Long Term Debt Total103.2M112.5M158.3M413.6M761.9M800.0M
Other Current Liab(2.4M)(1.4M)(51.0M)(1.2M)(646.8M)(614.4M)
Total Current Liabilities2.4M28.3M51.0M29.0M5.1B5.4B
Total Stockholder Equity906.6M925.1M1.0B1.0B1.2B1.2B
Property Plant And Equipment Net115.0M111.6M104.4M99.2M97.5M102.4M
Net Debt(173.3M)(557.0M)(634.0M)287.4M663.2M696.4M
Retained Earnings367.8M382.0M467.0M542.9M615.5M646.3M
Accounts Payable2.4M1.4M928K1.2M8.4M8.9M
Cash276.5M669.6M768.4M107.2M81.6M77.5M
Non Current Assets Total1.7B2.1B2.7B393.4M9.8B10.3B
Non Currrent Assets Other(46.2M)(62.2M)(59.8M)(2.8B)9.4B9.9B
Other Assets3.5B3.5B2.9B9.4B(62.1M)(59.0M)
Cash And Short Term Investments1.2B2.1B3.0B2.6B98.7M93.8M
Net Receivables18.9M20.0M25.9M39.6M45.0M47.3M
Common Stock Shares Outstanding30.6M30.0M29.9M32.7M33.4M20.1M
Liabilities And Stockholders Equity6.5B7.6B8.6B9.9B9.9B10.4B
Non Current Liabilities Total103.2M112.5M134.4M8.9B8.8B9.2B
Other Stockholder Equity(5.2M)12.3M981K(193.9M)(1.0)(0.95)
Total Liab5.6B6.7B7.6B8.9B8.8B9.2B
Property Plant And Equipment Gross115.0M111.6M104.4M99.2M162.6M170.8M
Total Current Assets1.2B2.1B3.0B130.8M143.7M136.5M
Accumulated Other Comprehensive Income(5.2M)12.3M981K(193.9M)(153.2M)(145.5M)
Other Current Assets295.4M689.6M787.7M(2.5B)135.5M128.7M
Common Stock Total Equity544.0M530.8M532.2M697.4M802.1M842.2M
Common Stock544.0M530.8M532.2M697.4M697.3M732.2M
Other Liab92.0M94.6M112.1M159.7M183.7M192.9M
Long Term Debt75.7M84.5M108.2M365.6M701.1M736.2M
Short Term Investments950.1M1.4B2.2B2.5B2.6M2.5M
Inventory(295.4M)(689.6M)(787.7M)3.4M61.9M65.0M
Intangible Assets23.6M17.8M12.4M16.7M10.6M15.1M
Property Plant Equipment87.1M83.7M104.4M72.3M83.2M43.9M
Short Term Debt22.8M26.9M50.1M47.9M638.3M670.3M
Net Tangible Assets685.7M704.2M766.9M742.0M853.3M523.1M
Retained Earnings Total Equity367.8M382.0M467.0M542.9M624.3M655.5M
Long Term Debt Total75.7M84.5M108.2M365.6M420.5M441.5M
Long Term Investments4.7B1.7B2.4B2.6B2.3B2.4B
Non Current Liabilities Other119.5M122.6M138.4M188.7M217.1M227.9M

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When determining whether TriCo 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 TriCo 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 Trico Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Trico Bancshares Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo 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 TriCo Stock please use our How to buy in TriCo Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 TriCo Bancshares. If investors know TriCo 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 TriCo 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)
Dividend Share
1.29
Earnings Share
3.36
Revenue Per Share
11.678
Quarterly Revenue Growth
(0.01)
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo 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 TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo 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 TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo 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.