Affinity Accounts Payable vs Net Invested Capital Analysis

AFBI Stock  USD 20.62  0.04  0.19%   
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 Accounts Payable and its Net Invested Capital 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.

Accounts Payable vs Net Invested Capital

Accounts Payable vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affinity Bancshares Accounts Payable account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Affinity Bancshares' Accounts Payable and Net Invested Capital is -0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Invested Capital 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' Accounts Payable and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Affinity Bancshares are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Accounts Payable i.e., Affinity Bancshares' Accounts Payable and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Affinity Bancshares obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Affinity Bancshares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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' Selling General Administrative is increasing as compared to previous years. The Affinity Bancshares' current Sales General And Administrative To Revenue is estimated to increase to 0.44, while Tax Provision is projected to decrease to under 1.6 M.
 2021 2022 2023 2024 (projected)
Interest Income32.5M32.1M40.6M33.2M
Net Interest Income29.3M29.8M27.8M27.4M

Affinity Bancshares fundamental ratios Correlations

0.67-0.28-0.450.87-0.670.71-0.75-0.78-0.780.20.55-0.670.02-0.510.480.31-0.52-0.060.63-0.73-0.680.51-0.56-0.630.39
0.67-0.76-0.930.91-0.940.34-0.66-0.97-0.520.820.92-0.95-0.66-0.940.92-0.17-0.33-0.730.16-0.55-0.910.56-0.86-0.92-0.27
-0.28-0.760.89-0.550.670.170.10.780.04-0.78-0.930.60.610.91-0.930.64-0.220.66-0.010.020.520.060.440.780.39
-0.45-0.930.89-0.750.89-0.030.380.890.27-0.87-0.940.860.730.95-0.940.420.040.79-0.050.280.8-0.350.70.920.39
0.870.91-0.55-0.75-0.850.53-0.77-0.94-0.630.580.76-0.86-0.47-0.750.730.04-0.44-0.540.26-0.62-0.850.62-0.78-0.79-0.09
-0.67-0.940.670.89-0.85-0.450.720.920.65-0.67-0.860.980.540.86-0.83-0.030.450.62-0.280.650.98-0.660.790.910.11
0.710.340.17-0.030.53-0.45-0.9-0.39-0.94-0.170.13-0.50.19-0.120.070.83-0.950.140.48-0.91-0.580.71-0.43-0.20.47
-0.75-0.660.10.38-0.770.72-0.90.640.9-0.25-0.420.780.230.43-0.38-0.60.910.28-0.310.920.83-0.880.750.49-0.14
-0.78-0.970.780.89-0.940.92-0.390.640.56-0.71-0.930.90.510.92-0.90.150.30.59-0.30.550.86-0.460.770.920.12
-0.78-0.520.040.27-0.630.65-0.940.90.56-0.04-0.370.69-0.130.36-0.31-0.70.88-0.05-0.660.980.74-0.740.590.48-0.51
0.20.82-0.78-0.870.58-0.67-0.17-0.25-0.71-0.040.82-0.7-0.84-0.870.87-0.580.08-0.88-0.17-0.14-0.610.28-0.78-0.79-0.6
0.550.92-0.93-0.940.76-0.860.13-0.42-0.93-0.370.82-0.83-0.57-0.990.99-0.39-0.08-0.640.23-0.37-0.760.25-0.71-0.94-0.22
-0.67-0.950.60.86-0.860.98-0.50.780.90.69-0.7-0.830.550.85-0.82-0.070.530.63-0.280.720.99-0.740.880.90.11
0.02-0.660.610.73-0.470.540.190.230.51-0.13-0.84-0.570.550.63-0.620.47-0.030.990.61-0.040.51-0.340.580.470.89
-0.51-0.940.910.95-0.750.86-0.120.430.920.36-0.87-0.990.850.63-1.00.40.10.69-0.180.380.78-0.30.760.940.27
0.480.92-0.93-0.940.73-0.830.07-0.38-0.9-0.310.870.99-0.82-0.62-1.0-0.45-0.05-0.690.17-0.33-0.740.24-0.73-0.93-0.28
0.31-0.170.640.420.04-0.030.83-0.60.15-0.7-0.58-0.39-0.070.470.4-0.45-0.840.460.37-0.67-0.190.58-0.030.260.58
-0.52-0.33-0.220.04-0.440.45-0.950.910.30.880.08-0.080.53-0.030.1-0.05-0.840.01-0.30.90.61-0.830.510.16-0.3
-0.06-0.730.660.79-0.540.620.140.280.59-0.05-0.88-0.640.630.990.69-0.690.460.010.520.030.59-0.380.640.560.84
0.630.16-0.01-0.050.26-0.280.48-0.31-0.3-0.66-0.170.23-0.280.61-0.180.170.37-0.30.52-0.59-0.280.13-0.17-0.40.89
-0.73-0.550.020.28-0.620.65-0.910.920.550.98-0.14-0.370.72-0.040.38-0.33-0.670.90.03-0.590.76-0.810.70.5-0.43
-0.68-0.910.520.8-0.850.98-0.580.830.860.74-0.61-0.760.990.510.78-0.74-0.190.610.59-0.280.76-0.80.850.840.07
0.510.560.06-0.350.62-0.660.71-0.88-0.46-0.740.280.25-0.74-0.34-0.30.240.58-0.83-0.380.13-0.81-0.8-0.74-0.41-0.01
-0.56-0.860.440.7-0.780.79-0.430.750.770.59-0.78-0.710.880.580.76-0.73-0.030.510.64-0.170.70.85-0.740.780.2
-0.63-0.920.780.92-0.790.91-0.20.490.920.48-0.79-0.940.90.470.94-0.930.260.160.56-0.40.50.84-0.410.780.06
0.39-0.270.390.39-0.090.110.47-0.140.12-0.51-0.6-0.220.110.890.27-0.280.58-0.30.840.89-0.430.07-0.010.20.06
Click cells to compare fundamentals

Affinity Bancshares Account Relationship Matchups

Affinity Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities3.9M4.7M3.3M7.0M154.7M162.4M
Other Liab3.2M2.8M2.4M2.5M2.2M2.3M
Net Tangible Assets77.2M61.8M102.2M98.5M113.3M91.6M
Retained Earnings47.6M50.7M58.2M65.4M71.3M62.4M
Accounts Payable3.9M4.7M3.3M7.0M6.3M6.0M
Other Assets251.7M584.9M546.2M595.6M684.9M487.1M
Inventory(48.3M)(179.5M)(115.3M)2.9M2.6M2.7M
Other Current Assets48.3M179.5M115.3M29.2M52.9M79.0M
Other Stockholder Equity29.5M29.9M63.0M58.3M61.0M43.8M
Total Current Assets54.9M212.6M168.3M99.1M52.9M50.2M
Property Plant Equipment8.5M8.6M3.8M4.3M3.8M5.5M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Affinity Stock

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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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
(0.23)
Earnings Share
0.92
Revenue Per Share
4.602
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0067
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.