ESSA Historical Balance Sheet

ESSA Stock  USD 17.01  0.16  0.95%   
Trend analysis of ESSA Bancorp balance sheet accounts such as Property Plant And Equipment Net of 14.2 M or Net Debt of 214.8 M provides information on ESSA Bancorp's total assets, liabilities, and equity, which is the actual value of ESSA Bancorp to its prevalent stockholders. By breaking down trends over time using ESSA Bancorp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining ESSA Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ESSA Bancorp is a good buy for the upcoming year.

ESSA Bancorp Inventory

(1.67 Billion)

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA 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 state.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.

About ESSA Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ESSA Bancorp at a specified time, usually calculated after every quarter, six months, or one year. ESSA Bancorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ESSA Bancorp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ESSA currently owns. An asset can also be divided into two categories, current and non-current.

ESSA Bancorp Balance Sheet Chart

ESSA Bancorp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how ESSA Bancorp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, ESSA Bancorp's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 506.5 M, whereas Total Assets are forecasted to decline to about 1.5 B.

Total Assets

Total assets refers to the total amount of ESSA Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ESSA Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most accounts from ESSA Bancorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ESSA Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ESSA 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 state.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.At present, ESSA Bancorp's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 506.5 M, whereas Total Assets are forecasted to decline to about 1.5 B.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity212.3M219.7M252.7M170.2M
Total Assets1.9B2.3B2.6B1.5B

ESSA Bancorp balance sheet Correlations

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0.950.580.370.380.730.90.40.58-0.960.380.160.630.060.140.350.890.80.9-0.550.910.620.38-0.890.49-0.12
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0.40.370.52-0.510.740.240.650.33-0.410.38-0.140.130.540.9-0.450.270.160.060.260.330.740.34-0.250.520.25
0.430.38-0.11-0.51-0.140.38-0.320.42-0.37-0.28-0.060.49-0.42-0.490.70.470.540.6-0.730.5-0.150.35-0.590.26-0.56
0.730.730.820.74-0.140.630.840.57-0.750.660.210.20.610.54-0.020.590.360.560.080.590.960.17-0.510.280.37
0.780.90.690.240.380.630.410.58-0.940.590.40.480.19-0.060.330.730.550.87-0.470.710.620.16-0.890.30.03
0.40.40.840.65-0.320.840.410.41-0.490.760.41-0.130.90.48-0.220.28-0.050.30.360.220.88-0.15-0.230.010.63
0.640.580.50.330.420.570.580.41-0.660.140.050.440.310.20.310.590.460.61-0.340.60.620.42-0.710.5-0.23
-0.89-0.96-0.71-0.41-0.37-0.75-0.94-0.49-0.66-0.48-0.23-0.62-0.21-0.13-0.34-0.84-0.68-0.870.48-0.83-0.7-0.350.91-0.480.03
0.240.380.860.38-0.280.660.590.760.14-0.480.58-0.240.740.1-0.230.09-0.230.290.320.050.74-0.35-0.25-0.250.8
0.080.160.47-0.14-0.060.210.40.410.05-0.230.58-0.420.35-0.28-0.010.14-0.180.380.25-0.020.23-0.8-0.09-0.60.46
0.570.630.040.130.490.20.48-0.130.44-0.62-0.24-0.42-0.3-0.020.630.660.750.49-0.770.640.130.8-0.70.76-0.58
0.030.060.740.54-0.420.610.190.90.31-0.210.740.35-0.30.37-0.29-0.08-0.42-0.030.55-0.150.75-0.220.01-0.120.73
0.280.140.210.9-0.490.54-0.060.480.2-0.130.1-0.28-0.020.37-0.510.170.13-0.10.340.250.50.32-0.060.480.1
0.330.35-0.08-0.450.7-0.020.33-0.220.31-0.34-0.23-0.010.63-0.29-0.510.510.470.5-0.560.36-0.070.28-0.430.1-0.44
0.920.890.340.270.470.590.730.280.59-0.840.090.140.66-0.080.170.510.880.88-0.550.920.440.37-0.820.49-0.35
0.860.80.010.160.540.360.55-0.050.46-0.68-0.23-0.180.75-0.420.130.470.880.77-0.760.940.170.57-0.750.65-0.63
0.90.90.460.060.60.560.870.30.61-0.870.290.380.49-0.03-0.10.50.880.77-0.590.880.460.16-0.860.29-0.22
-0.53-0.550.180.26-0.730.08-0.470.36-0.340.480.320.25-0.770.550.34-0.56-0.55-0.76-0.59-0.640.17-0.550.69-0.580.72
0.980.910.290.330.50.590.710.220.6-0.830.05-0.020.64-0.150.250.360.920.940.88-0.640.440.5-0.850.63-0.42
0.60.620.90.74-0.150.960.620.880.62-0.70.740.230.130.750.5-0.070.440.170.460.170.440.16-0.490.250.47
0.430.38-0.080.340.350.170.16-0.150.42-0.35-0.35-0.80.8-0.220.320.280.370.570.16-0.550.50.16-0.490.9-0.55
-0.85-0.89-0.45-0.25-0.59-0.51-0.89-0.23-0.710.91-0.25-0.09-0.70.01-0.06-0.43-0.82-0.75-0.860.69-0.85-0.49-0.49-0.620.33
0.550.490.020.520.260.280.30.010.5-0.48-0.25-0.60.76-0.120.480.10.490.650.29-0.580.630.250.9-0.62-0.56
-0.23-0.120.630.25-0.560.370.030.63-0.230.030.80.46-0.580.730.1-0.44-0.35-0.63-0.220.72-0.420.47-0.550.33-0.56
Click cells to compare fundamentals

ESSA Bancorp Account Relationship Matchups

ESSA Bancorp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B1.9B2.3B2.6B1.5B
Total Stockholder Equity191.4M201.8M212.3M219.7M252.7M170.2M
Property Plant And Equipment Net14.2M13.6M13.1M12.9M14.8M14.2M
Net Debt(30.0M)(152.6M)202.9M289.3M332.6M214.8M
Cash155.9M158.9M27.9M85.4M98.2M103.1M
Non Current Assets Total241.3M290.0M293.1M413.1M475.1M250.7M
Non Currrent Assets Other(6.0M)(4.6M)(5.4M)(6.9M)(7.9M)(8.3M)
Other Assets1.3B1.2B1.3B1.5B1.7B1.2B
Cash And Short Term Investments368.4M399.5M236.6M419.5M482.4M506.5M
Common Stock Shares Outstanding10.3M9.9M9.8M9.7M8.8M10.2M
Liabilities And Stockholders Equity1.9B1.9B1.9B2.3B2.6B1.5B
Other Stockholder Equity82.7M76.6M75.9M77.2M69.4M73.9M
Total Liab1.7B1.7B1.6B374.7M430.8M409.3M
Property Plant And Equipment Gross14.2M36.0M36.1M36.8M42.3M44.4M
Total Current Assets368.4M399.5M236.6M419.5M482.4M805.1M
Short Long Term Debt Total125.9M6.4M230.8M374.7M337.2M219.4M
Total Current Liabilities111.7M1.4B230.8M374.7M430.8M452.4M
Other Liab17.8M18.4M23.5M23.2M26.7M15.6M
Retained Earnings112.6M124.3M139.1M151.9M174.6M93.8M
Accounts Payable1.3B1.5B1.6B1.4B1.6B1.0B
Net Receivables1.4B1.3B1.4B1.7B1.9B1.1B
Short Term Investments212.5M240.6M208.6M334.1M384.2M289.6M
Non Current Liabilities Total14.2M267.8M230.8M1.7B2.0B2.1B
Inventory(1.6B)(1.5B)(1.5B)(1.8B)(1.6B)(1.7B)
Accumulated Other Comprehensive Income(4.1M)682K(2.9M)(9.5M)(10.9M)(10.4M)
Short Term Debt111.7M813K230.8M374.7M430.8M452.4M
Intangible Assets791K520K281K91K104.7K99.4K
Property Plant Equipment14.6M14.5M13.6M13.2M15.1M16.1M
Treasury Stock(85.2M)(91.5M)(98.1M)(99.8M)(89.8M)(94.3M)
Other Current Liab(111.7M)1.4B(5.4M)(374.7M)(337.2M)(320.3M)
Net Tangible Assets174.6M176.8M187.5M198.3M228.0M185.2M
Retained Earnings Total Equity102.5M112.6M124.3M139.1M160.0M102.4M
Capital Surpluse181.2M181.5M181.7M182.2M209.5M198.5M
Other Current Assets156.2M159.4M28.0M88.7M79.8M75.8M
Long Term Investments1.6B262.1M265.9M386.3M347.7M330.3M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ESSA Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ESSA Bancorp's short interest history, or implied volatility extrapolated from ESSA Bancorp options trading.

Pair Trading with ESSA Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ESSA Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ESSA Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving against ESSA Stock

  0.6TECTP Tectonic FinancialPairCorr
  0.58DB Deutsche Bank AG Normal TradingPairCorr
  0.51CFG-PD Citizens FinancialPairCorr
The ability to find closely correlated positions to ESSA Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESSA Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ESSA Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ESSA Bancorp to buy it.
The correlation of ESSA Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ESSA Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESSA Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ESSA Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp'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 Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA 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 state.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is ESSA Bancorp'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 ESSA Bancorp. If investors know ESSA 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 ESSA Bancorp 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)
Dividend Share
0.6
Earnings Share
1.86
Revenue Per Share
7.131
Quarterly Revenue Growth
0.019
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp'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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp'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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp'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.