Equity Net Income vs Non Recurring Analysis

EQBK Stock  USD 34.94  0.61  1.78%   
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 Net Income and its Non Recurring 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 tightly coupled 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.

Net Income vs Non Recurring

Net Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Bancshares Net Income account and Non Recurring. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Equity Bancshares' Net Income and Non Recurring is -0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Non Recurring 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' Net Income and Non Recurring 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 Income of Equity Bancshares are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Net Income i.e., Equity Bancshares' Net Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Equity Bancshares financial statement analysis. It represents the amount of money remaining after all of Equity Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Non Recurring

Most indicators from Equity Bancshares' 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 tightly coupled 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' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 217.10 this year, although the value of Selling General Administrative will most likely fall to about 54.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit171.9M27K168.1M103.4M
Total Revenue171.9M194.9M137.0M118.5M

Equity Bancshares fundamental ratios Correlations

0.230.60.660.70.980.590.950.58-0.570.970.71-0.60.790.480.940.880.790.66-0.030.740.930.750.950.680.05
0.23-0.430.65-0.350.230.690.20.46-0.440.120.760.42-0.01-0.040.020.34-0.210.250.620.710.120.680.18-0.33-0.39
0.6-0.430.290.810.590.230.590.27-0.190.660.24-0.740.550.680.710.50.65-0.03-0.290.270.690.190.650.630.16
0.660.650.290.190.640.880.620.88-0.590.580.92-0.040.380.320.50.620.240.290.660.90.610.810.630.11-0.28
0.7-0.350.810.190.720.00.80.32-0.40.830.19-0.850.820.730.860.640.90.33-0.470.220.80.120.790.940.04
0.980.230.590.640.720.510.960.57-0.610.970.69-0.610.760.520.950.90.760.64-0.070.730.950.710.950.7-0.03
0.590.690.230.880.00.510.450.61-0.420.440.920.070.250.180.380.540.110.150.590.890.480.850.52-0.1-0.13
0.950.20.590.620.80.960.450.61-0.710.980.65-0.650.840.570.960.90.840.61-0.110.670.950.60.970.79-0.12
0.580.460.270.880.320.570.610.61-0.640.550.69-0.070.450.220.460.440.30.410.640.670.520.570.570.28-0.17
-0.57-0.44-0.19-0.59-0.4-0.61-0.42-0.71-0.64-0.57-0.580.22-0.45-0.25-0.52-0.54-0.37-0.35-0.13-0.52-0.53-0.45-0.59-0.370.17
0.970.120.660.580.830.970.440.980.55-0.570.63-0.710.860.620.990.910.880.61-0.160.650.980.60.990.82-0.07
0.710.760.240.920.190.690.920.650.69-0.580.63-0.070.410.390.560.750.270.310.480.970.660.880.690.12-0.31
-0.60.42-0.74-0.04-0.85-0.610.07-0.65-0.070.22-0.71-0.07-0.61-0.68-0.76-0.61-0.86-0.290.58-0.15-0.68-0.12-0.65-0.8-0.03
0.79-0.010.550.380.820.760.250.840.45-0.450.860.41-0.610.590.850.720.920.51-0.260.410.810.360.850.85-0.07
0.48-0.040.680.320.730.520.180.570.22-0.250.620.39-0.680.590.660.70.64-0.09-0.320.410.680.210.640.58-0.4
0.940.020.710.50.860.950.380.960.46-0.520.990.56-0.760.850.660.90.90.53-0.260.60.980.530.980.85-0.06
0.880.340.50.620.640.90.540.90.44-0.540.910.75-0.610.720.70.90.750.47-0.120.770.930.690.920.63-0.37
0.79-0.210.650.240.90.760.110.840.3-0.370.880.27-0.860.920.640.90.750.51-0.440.310.840.270.850.93-0.04
0.660.25-0.030.290.330.640.150.610.41-0.350.610.31-0.290.51-0.090.530.470.510.050.340.470.50.520.490.14
-0.030.62-0.290.66-0.47-0.070.59-0.110.64-0.13-0.160.480.58-0.26-0.32-0.26-0.12-0.440.050.43-0.140.41-0.11-0.5-0.17
0.740.710.270.90.220.730.890.670.67-0.520.650.97-0.150.410.410.60.770.310.340.430.690.910.720.15-0.24
0.930.120.690.610.80.950.480.950.52-0.530.980.66-0.680.810.680.980.930.840.47-0.140.690.590.980.77-0.17
0.750.680.190.810.120.710.850.60.57-0.450.60.88-0.120.360.210.530.690.270.50.410.910.590.610.05-0.05
0.950.180.650.630.790.950.520.970.57-0.590.990.69-0.650.850.640.980.920.850.52-0.110.720.980.610.78-0.11
0.68-0.330.630.110.940.7-0.10.790.28-0.370.820.12-0.80.850.580.850.630.930.49-0.50.150.770.050.78-0.02
0.05-0.390.16-0.280.04-0.03-0.13-0.12-0.170.17-0.07-0.31-0.03-0.07-0.4-0.06-0.37-0.040.14-0.17-0.24-0.17-0.05-0.11-0.02
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 Assets2.5B1.8B2.0B2.3B3.6B2.8B
Cash And Short Term Investments233.5M1.2B1.6B1.3B1.3B1.3B
Common Stock Shares Outstanding15.8M15.1M15.3M16.4M15.5M13.0M
Non Current Liabilities Total347.9M97.8M95.9M32.8M336.9M206.9M
Total Liab3.5B3.6B4.6B4.6B4.6B3.0B
Total Current Assets249.3M1.2B1.6B1.3B1.3B1.4B
Total Assets3.9B4.0B5.1B5.0B5.0B3.6B
Short Long Term Debt Total347.9M97.8M95.9M235.3M336.9M240.2M
Other Current Liab(18.5M)(19.1M)(49.6M)(32.8M)(36.5M)(34.6M)
Total Current Liabilities18.5M19.1M49.6M32.8M36.5M23.2M
Other Liab11.7M5.2M17.7M32.3M37.1M39.0M
Property Plant And Equipment Net84.5M89.4M104.0M101.5M112.6M80.0M
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)(924.5M)(878.2M)
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
Inventory8.5M11.7M9.5M4.4M5.1M8.5M
Other Current Assets2.5B1.8B2.0B2.8M3.2M3.0M
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 Debt4.8M87.7M95.9M138.9M125.0M114.9M
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 tightly coupled 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.
Note that the Equity Bancshares information on this page should be used as a complementary analysis to other Equity 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Equity 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 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
0.169
Dividend Share
0.46
Earnings Share
0.63
Revenue Per Share
9.315
Quarterly Revenue Growth
0.116
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' value that differs from its market value or its book value, called intrinsic value, which is Equity 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 Equity Bancshares' market value can be influenced by many factors that don't directly affect Equity 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 Equity Bancshares' 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' 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.