Peapack Earning Assets vs Accounts Payable Analysis
PGC Stock | USD 36.43 0.46 1.25% |
Peapack Gladstone financial indicator trend analysis is much more than just breaking down Peapack Gladstone prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peapack Gladstone is a good investment. Please check the relationship between Peapack Gladstone Earning Assets and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Earning Assets vs Accounts Payable
Earning Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peapack Gladstone Earning Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Peapack Gladstone's Earning Assets and Accounts Payable is 0.28. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Peapack Gladstone Financial, assuming nothing else is changed. The correlation between historical values of Peapack Gladstone's Earning Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Peapack Gladstone Financial are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Earning Assets i.e., Peapack Gladstone's Earning Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Earning Assets
Accounts Payable
An accounting item on the balance sheet that represents Peapack Gladstone 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 Peapack Gladstone 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.Most indicators from Peapack Gladstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peapack Gladstone 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Peapack Gladstone's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 33.77, whereas Tax Provision is forecasted to decline to about 19.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.0M | 35.8M | 147.9M | 155.3M | Depreciation And Amortization | 4.8M | 5.0M | 5.0M | 3.4M |
Peapack Gladstone fundamental ratios Correlations
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Peapack Gladstone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peapack Gladstone fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.9B | 6.1B | 6.4B | 6.5B | 6.8B | |
Total Stockholder Equity | 503.7M | 527.1M | 546.4M | 533.0M | 583.7M | 612.9M | |
Property Plant And Equipment Net | 38.1M | 35.4M | 36.4M | 39.5M | 38.3M | 28.2M | |
Net Debt | 128.5M | (262.9M) | 1.8M | 340.8M | 365.7M | 384.0M | |
Retained Earnings | 199.0M | 221.4M | 274.3M | 348.8M | 394.1M | 413.8M | |
Cash | 208.1M | 653.2M | 146.8M | 190.1M | 187.7M | 105.8M | |
Non Current Assets Total | 480.3M | 717.1M | 1.0B | 756.8M | 6.3B | 6.6B | |
Non Currrent Assets Other | (30.0M) | (35.3M) | (34.1M) | (56.3M) | 5.5B | 5.7B | |
Other Assets | 4.1B | 3.9B | 4.1B | 4.8B | (30.7M) | (29.1M) | |
Cash And Short Term Investments | 598.8M | 1.3B | 943.6M | 744.7M | 187.7M | 288.2M | |
Net Receivables | 10.5M | 22.5M | 21.6M | 25.2M | 30.7M | 32.2M | |
Common Stock Total Equity | 16.7M | 17.0M | 17.2M | 17.5M | 20.1M | 11.2M | |
Common Stock Shares Outstanding | 19.4M | 19.1M | 19.3M | 18.6M | 18.0M | 13.1M | |
Liabilities And Stockholders Equity | 5.2B | 5.9B | 6.1B | 6.4B | 6.5B | 6.8B | |
Other Stockholder Equity | 289.4M | 290.1M | 267.3M | 240.9M | 236.6M | 148.8M | |
Total Liab | 4.7B | 5.4B | 188.0M | 5.8B | 5.9B | 6.2B | |
Property Plant And Equipment Gross | 38.1M | 35.4M | 36.4M | 39.5M | 86.5M | 90.8M | |
Total Current Assets | 609.3M | 1.3B | 965.1M | 769.9M | 218.3M | 207.4M | |
Common Stock | 16.7M | 17.0M | 17.2M | 17.5M | 17.8M | 11.0M | |
Short Long Term Debt Total | 336.5M | 390.4M | 148.6M | 530.9M | 553.4M | 581.1M | |
Accumulated Other Comprehensive Income | (1.5M) | (1.4M) | (12.4M) | (74.2M) | (64.9M) | (61.6M) | |
Other Liab | 26.2M | 154.5M | 116.8M | 15.4M | 17.7M | 24.9M | |
Accounts Payable | 8.0M | 121.5M | 5.3B | 69.1M | 62.2M | 59.1M | |
Good Will | 24.4M | 30.2M | 33.1M | 36.2M | 41.6M | 43.7M | |
Short Term Investments | 390.8M | 622.7M | 796.8M | 554.6M | 550.6M | 578.1M | |
Other Current Assets | 218.7M | 675.9M | 173.2M | 216.4M | 219.7M | 208.7M | |
Treasury Stock | (30.0M) | (36.5M) | (65.1M) | (97.8M) | (88.0M) | (83.6M) | |
Intangible Assets | 10.4M | 10.8M | 12.7M | 11.1M | 9.8M | 9.3M | |
Property Plant Equipment | 20.9M | 21.6M | 36.4M | 23.8M | 27.4M | 27.7M | |
Long Term Debt | 83.4M | 181.8M | 132.7M | 133.0M | 133.3M | 139.9M | |
Non Current Liabilities Total | 234.6M | 408.3M | 188.0M | 379.5M | 5.9B | 6.2B | |
Total Current Liabilities | 136.1M | 15M | 15.9M | 379.5M | 2.1B | 2.2B | |
Short Term Debt | 128.1M | 15M | 15.9M | 397.9M | 403.8M | 424.0M | |
Other Current Liab | (136.1M) | (15M) | 5.3B | (397.9M) | 1.7B | 1.4B | |
Net Tangible Assets | 463.1M | 483.2M | 497.5M | 485.6M | 558.5M | 365.1M | |
Retained Earnings Total Equity | 199.0M | 221.4M | 274.3M | 348.8M | 401.1M | 421.2M | |
Long Term Debt Total | 83.4M | 181.8M | 132.7M | 133.0M | 152.9M | 160.6M | |
Deferred Long Term Liab | 26.2M | 33.0M | 39.3M | 15.4M | 17.7M | 11.9M | |
Long Term Investments | 4.7B | 4.9B | 920.1M | 669.9M | 671.5M | 1.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Peapack Gladstone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peapack Gladstone'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 Peapack Gladstone Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peapack Gladstone Financial Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Peapack Gladstone. If investors know Peapack 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 Peapack Gladstone 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 (0.12) | Dividend Share 0.2 | Earnings Share 1.82 | Revenue Per Share 11.842 | Quarterly Revenue Growth 0.108 |
The market value of Peapack Gladstone is measured differently than its book value, which is the value of Peapack that is recorded on the company's balance sheet. Investors also form their own opinion of Peapack Gladstone's value that differs from its market value or its book value, called intrinsic value, which is Peapack Gladstone'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 Peapack Gladstone's market value can be influenced by many factors that don't directly affect Peapack Gladstone'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 Peapack Gladstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peapack Gladstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peapack Gladstone'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.