Mid Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

MPB Stock  USD 21.52  0.19  0.89%   
Mid Penn financial indicator trend analysis is infinitely more than just investigating Mid Penn Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mid Penn Bancorp is a good investment. Please check the relationship between Mid Penn Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mid Penn Bancorp Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mid Penn's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Mid Penn Bancorp, assuming nothing else is changed. The correlation between historical values of Mid Penn's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Mid Penn Bancorp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Mid Penn's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Mid Penn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mid Penn Bancorp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At present, Mid Penn's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.79, whereas Selling General Administrative is forecasted to decline to about 2.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense14.8M17.8M89.4M93.8M
Depreciation And Amortization6.4M2.0M1.8M1.1M

Mid Penn fundamental ratios Correlations

0.970.920.730.980.940.810.990.80.740.950.980.250.970.970.940.870.970.530.8-0.180.970.290.890.690.58
0.970.920.690.990.960.740.980.760.710.990.990.250.991.00.980.860.990.670.77-0.140.950.320.950.820.48
0.920.920.90.90.840.920.940.930.90.890.930.510.890.920.930.970.90.470.94-0.390.970.110.850.720.6
0.730.690.90.670.580.910.750.991.00.640.710.590.640.70.760.930.660.220.99-0.640.84-0.140.650.460.62
0.980.990.90.670.960.720.970.740.680.981.00.21.00.990.970.831.00.680.75-0.090.940.360.950.780.5
0.940.960.840.580.960.670.920.670.60.970.950.150.960.960.960.780.960.610.67-0.130.90.260.850.770.35
0.810.740.920.910.720.670.820.930.910.690.740.570.690.740.750.940.710.090.93-0.570.9-0.110.60.470.63
0.990.980.940.750.970.920.820.810.760.960.970.320.960.970.940.90.960.540.82-0.190.980.280.910.730.59
0.80.760.930.990.740.670.930.810.990.710.780.510.720.770.820.960.730.281.0-0.630.89-0.120.70.520.58
0.740.710.91.00.680.60.910.760.990.650.720.570.660.710.770.930.670.240.99-0.650.85-0.150.660.480.6
0.950.990.890.640.980.970.690.960.710.650.980.220.980.990.970.830.980.70.72-0.120.920.30.930.850.4
0.980.990.930.711.00.950.740.970.780.720.980.260.990.990.970.851.00.660.79-0.120.950.360.950.770.53
0.250.250.510.590.20.150.570.320.510.570.220.260.170.260.30.480.22-0.030.54-0.330.36-0.130.260.20.48
0.970.990.890.641.00.960.690.960.720.660.980.990.170.990.960.81.00.70.73-0.070.920.380.950.780.48
0.971.00.920.70.990.960.740.970.770.710.990.990.260.990.980.860.990.670.77-0.140.950.310.950.820.48
0.940.980.930.760.970.960.750.940.820.770.970.970.30.960.980.880.970.660.82-0.260.940.20.920.810.43
0.870.860.970.930.830.780.940.90.960.930.830.850.480.80.860.880.820.350.95-0.530.96-0.030.770.670.56
0.970.990.90.661.00.960.710.960.730.670.981.00.221.00.990.970.820.680.74-0.060.930.40.950.770.51
0.530.670.470.220.680.610.090.540.280.240.70.66-0.030.70.670.660.350.680.30.240.440.460.80.770.08
0.80.770.940.990.750.670.930.821.00.990.720.790.540.730.770.820.950.740.3-0.580.89-0.070.720.530.63
-0.18-0.14-0.39-0.64-0.09-0.13-0.57-0.19-0.63-0.65-0.12-0.12-0.33-0.07-0.14-0.26-0.53-0.060.24-0.58-0.340.76-0.01-0.130.09
0.970.950.970.840.940.90.90.980.890.850.920.950.360.920.950.940.960.930.440.89-0.340.150.850.70.59
0.290.320.11-0.140.360.26-0.110.28-0.12-0.150.30.36-0.130.380.310.2-0.030.40.46-0.070.760.150.470.160.42
0.890.950.850.650.950.850.60.910.70.660.930.950.260.950.950.920.770.950.80.72-0.010.850.470.810.51
0.690.820.720.460.780.770.470.730.520.480.850.770.20.780.820.810.670.770.770.53-0.130.70.160.810.09
0.580.480.60.620.50.350.630.590.580.60.40.530.480.480.480.430.560.510.080.630.090.590.420.510.09
Click cells to compare fundamentals

Mid Penn Account Relationship Matchups

Mid Penn fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding8.5M8.4M10.8M15.9M16.4M17.2M
Total Assets2.2B3.0B4.7B4.5B5.3B5.6B
Short Long Term Debt Total72.5M130.9M166.9M173.7M356.2M374.0M
Total Current Liabilities2.2M2.0M1.8M105.0M3.8B4.0B
Total Stockholder Equity237.9M255.7M490.1M512.1M542.4M569.5M
Property Plant And Equipment Net39.8M38.3M45.4M46.2M48.6M51.0M
Net Debt42.1M98.1M(20.2M)115.9M276.1M289.9M
Retained Earnings50.9M70.2M91.0M133.1M146.0M153.3M
Accounts Payable2.2M2.0M1.8M2.3M14.3M15.0M
Non Currrent Assets Other(2.8M)(3.6M)(10.8M)(13.7M)4.9B5.1B
Other Assets1.9B2.7B3.9B3.4B3.9B4.1B
Common Stock Total Equity8.5M8.5M16.1M16.1M18.5M19.4M
Liabilities And Stockholders Equity2.2B3.0B4.7B4.5B5.3B5.6B
Non Current Liabilities Total72.5M130.9M166.9M105.0M969.3M1.0B
Other Stockholder Equity178.2M177.1M382.8M382.1M396.0M415.8M
Total Liab2.0B2.7B4.2B4.0B4.7B5.0B
Property Plant And Equipment Gross39.8M38.3M62.8M46.2M74.7M78.5M
Accumulated Other Comprehensive Income343K(57K)158K(19.2M)(16.6M)(15.8M)
Short Term Debt29.9M125.6M72.6M102.6M279.2M293.2M
Common Stock8.5M8.5M16.1M16.1M17.0M17.8M
Cash30.4M32.8M187.1M57.8M80.1M54.5M
Non Current Assets Total281.9M240.1M561.3M805.5M5.2B5.4B
Cash And Short Term Investments67.4M39.1M250.5M296.1M(45.4M)(43.2M)
Net Receivables8.0M13.0M11.3M18.4M25.8M27.1M
Total Current Assets75.4M52.1M261.8M314.5M122.9M114.6M
Other Liab6.2M10.2M42.4M31.5M36.2M38.0M
Long Term Debt27.1M119.7M152.2M61.4M102.2M107.3M
Short Term Investments37.0M6.3M63.4M238.3M224.0M235.2M
Inventory(147.2M)(316.8M)(929.0M)(80.6M)19.6M20.6M
Property Plant Equipment25.1M38.3M33.2M34.5M39.6M41.6M
Other Current Liab(2.2M)(2.0M)(1.8M)(13.7M)3.5B3.7B
Other Current Assets147.2M316.8M929.0M80.6M122.9M116.7M
Intangible Assets5.8M4.4M9.4M7.3M6.5M6.8M
Net Tangible Assets169.3M188.5M366.8M390.6M449.2M471.7M
Retained Earnings Total Equity50.9M70.2M91.0M133.1M153.1M160.7M
Capital Surpluse178.2M178.9M384.7M387.0M445.0M467.3M
Long Term Investments1.9B134.6M3.5B637.8M623.1M1.1B
Non Current Liabilities Other18.7M21.4M114.3M98.2M112.9M118.5M

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When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn's 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 Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Mid Penn's price analysis, check to measure Mid Penn's 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 Mid Penn is operating at the current time. Most of Mid Penn's value examination focuses on studying past and present price action to predict the probability of Mid Penn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mid Penn's price. Additionally, you may evaluate how the addition of Mid Penn to your portfolios can decrease your overall portfolio volatility.
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Is Mid Penn's 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 Mid Penn. If investors know Mid 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 Mid Penn 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
0.043
Dividend Share
0.8
Earnings Share
2.31
Revenue Per Share
10.124
Quarterly Revenue Growth
0.09
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn's 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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn's 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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn's 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.