Plumas Accounts Payable vs Total Current Assets Analysis

PLBC Stock  USD 41.44  1.70  4.28%   
Plumas Bancorp financial indicator trend analysis is much more than just breaking down Plumas Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plumas Bancorp is a good investment. Please check the relationship between Plumas Bancorp Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plumas Bancorp Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Plumas Bancorp's Accounts Payable and Total Current Assets is -0.17. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Plumas Bancorp, assuming nothing else is changed. The correlation between historical values of Plumas Bancorp's Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Plumas Bancorp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Plumas Bancorp's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Plumas Bancorp 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 Plumas Bancorp 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Plumas Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plumas 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.At present, Plumas Bancorp's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 1,209, whereas Selling General Administrative is forecasted to decline to about 13 M.
 2021 2022 2023 2024 (projected)
Total Revenue55.7M69.3M85.3M89.6M
Interest Expense1.1M1.2M4.8M2.6M

Plumas Bancorp fundamental ratios Correlations

0.980.810.910.720.980.260.330.82-0.370.97-0.110.640.750.620.350.90.940.940.640.940.680.39-0.370.610.57
0.980.810.880.720.950.340.420.82-0.30.98-0.080.580.80.680.240.90.920.920.530.910.730.36-0.340.680.54
0.810.810.760.460.790.030.120.77-0.550.76-0.080.710.40.250.510.550.610.620.660.660.360.42-0.40.260.51
0.910.880.760.730.920.170.220.78-0.260.92-0.230.50.720.590.30.870.880.870.550.890.630.13-0.110.570.55
0.720.720.460.730.720.370.40.610.220.82-0.160.050.810.74-0.140.830.720.710.140.670.80.28-0.260.750.09
0.980.950.790.920.720.10.170.76-0.360.95-0.320.620.730.580.370.860.90.90.650.910.670.35-0.330.580.57
0.260.340.030.170.370.10.990.370.390.360.7-0.160.640.7-0.560.530.430.44-0.360.360.60.12-0.110.7-0.13
0.330.420.120.220.40.170.990.430.320.420.7-0.080.660.71-0.490.560.480.49-0.280.410.630.16-0.150.71-0.07
0.820.820.770.780.610.760.370.43-0.190.80.070.430.670.540.210.790.790.820.420.820.60.51-0.490.550.2
-0.37-0.3-0.55-0.260.22-0.360.390.32-0.19-0.170.03-0.940.260.38-0.92-0.02-0.22-0.22-0.88-0.320.33-0.170.160.41-0.73
0.970.980.760.920.820.950.360.420.8-0.17-0.130.460.860.730.160.940.930.930.470.910.790.3-0.280.740.48
-0.11-0.08-0.08-0.23-0.16-0.320.70.70.070.03-0.13-0.04-0.030.01-0.160.0-0.040.0-0.17-0.04-0.070.12-0.130.0-0.17
0.640.580.710.50.050.62-0.16-0.080.43-0.940.46-0.040.09-0.030.810.330.520.510.890.60.020.26-0.25-0.070.8
0.750.80.40.720.810.730.640.660.670.260.86-0.030.090.98-0.340.920.860.840.00.790.960.18-0.160.980.21
0.620.680.250.590.740.580.70.710.540.380.730.01-0.030.98-0.490.830.760.74-0.180.680.950.1-0.080.990.12
0.350.240.510.3-0.140.37-0.56-0.490.21-0.920.16-0.160.81-0.34-0.490.010.160.190.940.28-0.40.24-0.23-0.520.57
0.90.90.550.870.830.860.530.560.79-0.020.940.00.330.920.830.010.960.970.330.930.830.23-0.20.820.39
0.940.920.610.880.720.90.430.480.79-0.220.93-0.040.520.860.760.160.961.00.470.990.780.27-0.250.740.52
0.940.920.620.870.710.90.440.490.82-0.220.930.00.510.840.740.190.971.00.490.990.750.29-0.270.720.5
0.640.530.660.550.140.65-0.36-0.280.42-0.880.47-0.170.890.0-0.180.940.330.470.490.57-0.090.31-0.3-0.210.68
0.940.910.660.890.670.910.360.410.82-0.320.91-0.040.60.790.680.280.930.990.990.570.70.28-0.260.650.56
0.680.730.360.630.80.670.60.630.60.330.79-0.070.020.960.95-0.40.830.780.75-0.090.70.23-0.220.960.1
0.390.360.420.130.280.350.120.160.51-0.170.30.120.260.180.10.240.230.270.290.310.280.23-1.00.12-0.29
-0.37-0.34-0.4-0.11-0.26-0.33-0.11-0.15-0.490.16-0.28-0.13-0.25-0.16-0.08-0.23-0.2-0.25-0.27-0.3-0.26-0.22-1.0-0.10.3
0.610.680.260.570.750.580.70.710.550.410.740.0-0.070.980.99-0.520.820.740.72-0.210.650.960.12-0.10.08
0.570.540.510.550.090.57-0.13-0.070.2-0.730.48-0.170.80.210.120.570.390.520.50.680.560.1-0.290.30.08
Click cells to compare fundamentals

Plumas Bancorp Account Relationship Matchups

Plumas Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets865.2M1.1B1.6B1.6B1.6B1.7B
Total Stockholder Equity84.5M100.2M134.1M119.0M147.3M154.7M
Other Assets470.6M535.1M571.1M477.6M549.2M370.3M
Common Stock Shares Outstanding5.2M5.2M5.6M5.9M5.9M5.6M
Liabilities And Stockholders Equity865.2M1.1B1.6B1.6B1.6B1.7B
Other Stockholder Equity852.7M1.0B1.6M1.6B1.9B2.0B
Total Liab780.7M1.0B1.5B1.5B1.5B1.5B
Other Current Liab(23.1M)(27.1M)(30.7M)(18.6M)300.9M315.9M
Total Current Liabilities23.1M27.1M30.7M15.3M324.4M340.6M
Property Plant And Equipment Net14.6M14.0M16.4M18.1M21.9M14.8M
Net Debt(36.6M)(174.6M)(370.3M)(173.1M)30.4M31.9M
Retained Earnings75.1M87.8M105.7M128.4M151.7M159.3M
Accounts Payable23.1M27.1M30.7M33.9M39.0M52.9M
Cash46.9M184.9M380.6M183.4M85.7M76.7M
Non Current Assets Total173.9M193.6M327.8M468.3M1.5B1.6B
Non Currrent Assets Other(173.9M)(193.6M)(7.0M)(22.1M)1.5B1.5B
Cash And Short Term Investments206.3M364.5M686.5M628.1M(85.7M)(81.4M)
Net Receivables14.4M18.3M28.7M47.0M54.1M56.8M
Common Stock Total Equity7.3M7.7M26.8M27.4M31.5M33.1M
Property Plant And Equipment Gross14.6M14.0M31.2M33.9M35.6M37.3M
Total Current Assets220.6M382.8M715.2M675.2M94.2M181.5M
Accumulated Other Comprehensive Income2.0M4.7M1.6M(36.8M)(32.5M)(30.8M)
Common Stock7.3M7.7M26.8M27.4M28.0M26.6M
Short Long Term Debt Total26.3M24.2M27.6M29.5M116.1M121.9M
Short Term Investments159.3M179.6M305.9M444.7M489.2M464.7M
Other Current Assets51.0M190.7M386.9M190.9M94.2M168.9M
Other Liab6.6M7.1M9.9M11.8M13.6M7.4M
Inventory(51.0M)(190.7M)(386.9M)(190.9M)(171.8M)(163.2M)
Property Plant Equipment14.6M14.0M16.4M18.1M20.8M14.8M
Short Term Debt16.0M13.9M17.3M19.2M23.5M13.2M
Net Tangible Assets84.5M100.2M128.6M113.5M130.5M70.1M
Retained Earnings Total Equity75.1M87.8M105.7M128.4M147.6M155.0M
Long Term Investments616.0M880.4M305.9M444.7M489.2M502.0M
Non Current Liabilities Other16.0M13.9M17.3M18.6M16.8M13.9M

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Additional Information and Resources on Investing in Plumas Stock

When determining whether Plumas Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plumas 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 Plumas Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plumas Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Plumas Bancorp. If investors know Plumas 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 Plumas 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
0.018
Dividend Share
1.04
Earnings Share
4.8
Revenue Per Share
13.37
Quarterly Revenue Growth
0.092
The market value of Plumas Bancorp is measured differently than its book value, which is the value of Plumas that is recorded on the company's balance sheet. Investors also form their own opinion of Plumas Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Plumas 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 Plumas Bancorp's market value can be influenced by many factors that don't directly affect Plumas 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 Plumas Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumas Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumas 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.