Affinity Net Receivables vs Long Term Investments Analysis

AFBI Stock  USD 20.61  3.66  21.59%   
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 Net Receivables and its Long Term Investments 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 tightly coupled 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.

Net Receivables vs Long Term Investments

Net Receivables vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affinity Bancshares Net Receivables account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Affinity Bancshares' Net Receivables and Long Term Investments is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments 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' Net Receivables 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 Net Receivables of Affinity 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 Net Receivables i.e., Affinity Bancshares' Net Receivables and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Long Term Investments

Long Term Investments is an item on the asset side of Affinity Bancshares balance sheet that represents investments Affinity Bancshares intends to hold for over a year. Affinity Bancshares long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 tightly coupled 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

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 tightly coupled 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.
Note that the Affinity Bancshares information on this page should be used as a complementary analysis to other Affinity Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Affinity Stock analysis

When running Affinity Bancshares' price analysis, check to measure Affinity Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Affinity Bancshares is operating at the current time. Most of Affinity Bancshares' value examination focuses on studying past and present price action to predict the probability of Affinity Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affinity Bancshares' price. Additionally, you may evaluate how the addition of Affinity Bancshares to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Money Managers
Screen money managers from public funds and ETFs managed around the world
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Transaction History
View history of all your transactions and understand their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Is Affinity Bancshares' industry 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.