Provident Bancorp Balance Sheet - Annual (NASDAQ:PVBC)

Add to My Stocks
$22.7 $0 (0%) PVBC stock closing price Sep 22, 2017 (Closing)

The financial analysis of a company like Provident Bancorp involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Provident Bancorp stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. The Provident Bancorp balance sheet for 2016 shows cash on hand of $10.57M. The cash has decreased by $9.59M. Provident Bancorp revenue was $33.32M and Provident Bancorp operating cash flow was $8.6M. View latest 0 year balance sheet data to check Provident Bancorp financial performance.

show more
Fiscal year is Jan - Dec.2016201520142013
Cash10.57M20.16M8.84M12.38M
Marketable Securities0.12M0.29M0.71M2.97M
Receivables626.74M557.18M496.23M441.67M
Inventory----
Raw Materials----
Work In Progress----
Finished Goods----
Notes Receivable----
Other Current Assets----
Provident Bancorp Total Current Assets
637.45M577.64M505.79M457.02M
Property Plant & Equipment----
Accumulated Depreciation----
Provident Bancorp Net Property Plant & Equipment
11.58M11.6M10.5M10.69M
Investment & Advances120.65M128.91M125.23M139.69M
Other Non-Current Assets----
Deferred Charges4.91M5.05M3.63M3.75M
Intangibles----
Deposits & Other Assets20.93M20.17M13.44M13.49M
Provident Bancorp Total Assets
795.54M743.39M658.6M624.65M
Notes Payable----
Accounts Payable627.98M577.23M536.93M508.55M
Current Portion Long-Term Debt----
Current Portion Capital Leases----
Accrued Expenses----
Income Taxes Payable----
Other Current Liabilities----
Provident Bancorp Total Current Liabilities
627.98M577.23M536.93M508.55M
Mortgages----
Deferred Taxes/Income----
Convertible Debt----
Long-Term Debt49.85M57.42M39.23M40.98M
Non-Current Capital Leases----
Other Long-Term Liabilities8.55M7.33M6.64M5.29M
Provident Bancorp Total Liabilities
686.39M641.99M582.81M554.83M
Minority Interest----
Preferred Stock--17.14M17.14M
Common Stock Net----
Capital Surplus43.39M43.15M0.27M0.27M
Retained Earnings66.22M59.89M55.95M51.56M
Treasury Stock----
Other Liabilities-0.47M-1.64M2.41M0.83M
Provident Bancorp Shareholders Equity
109.14M101.4M75.79M69.82M
Provident Bancorp Total Liabilities & Shareholders Equity
795.54M743.39M658.6M624.65M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Provident Bancorp historical stock prices and the current Provident Bancorp stock price can tell you how the stock price has moved, whereas the Provident Bancorp PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: An asset is a resource that a corporation like Provident Bancorp owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for PVBC stock as of year is $795.54M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Provident Bancorp for 2016 total to $686.39M. Liabilities for a company like Provident Bancorp include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
.

Provident Bancorp Balance Sheet - Key Ratios

Current ratio
1.02
Debt to equity ratio
0.53
Asset turnover ratio
0.05
Receivables turnover
0.06
price to book ratio
1.9