Pathfinder Bancorp Inc
Buy, Hold or Sell?

Let's analyse Pathfinder Bancorp Inc together

Penke I guess you are interested in Pathfinder Bancorp Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Pathfinder Bancorp Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Pathfinder Bancorp Inc

I send you an email if I find something interesting about Pathfinder Bancorp Inc.

Quick analysis of Pathfinder Bancorp Inc (30 sec.)

What can you expect buying and holding a share of Pathfinder Bancorp Inc? (30 sec.)

How much money do you get?

$0.36

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$19.80

Expected worth in 1 year

$20.90

How sure are you?

75.0%

+ What do you gain per year?

Total Gains per Share

$1.45

Return On Investment

11.4%

For what price can you sell your share?

Current Price per Share

$12.78

Expected price per share

$11.46 - $13.04

How sure are you?

50%

1. Valuation of Pathfinder Bancorp Inc (5 min.)

Live pricePrice per Share (EOD)

$12.78

Book Value per Share

$19.80

Intrinsic Value Per Share

$40.05 - $68.58

Total Value Per Share

$59.85 - $88.38

My calculation of the intrinsic value of Pathfinder Bancorp Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.61) 3Y: ($0.79) TTM: ($0.56)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.04) 3Y: ($0.06) TTM: ($0.09)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$2.73	$3.70	$3.06 - $4.14
2	$5.87	$8.23	$3.68 - $5.12
3	$9.36	$13.54	$4.30 - $6.11
4	$13.16	$19.58	$4.92 - $7.09
5	$17.21	$26.29	$5.54 - $8.07
6	$21.48	$33.64	$6.17 - $9.05
7	$25.94	$41.59	$6.79 - $10.03
8	$30.54	$50.08	$7.41 - $11.01
9	$35.25	$59.09	$8.03 - $12.00
10	$40.05	$68.58	$8.65 - $12.98

2. Growth of Pathfinder Bancorp Inc (5 min.)

Is Pathfinder Bancorp Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$120.2m	$109.2m	$5.8m	5.0%

How much money is Pathfinder Bancorp Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$2.3m	$3.2m	-$909.7k	-39.2%
Net Profit Margin	20.0%	27.9%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Pathfinder Bancorp Inc (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Pathfinder Bancorp Inc? (5 min.)

Welcome investor! Pathfinder Bancorp Inc's management wants to use your money to grow the business. In return you get a share of Pathfinder Bancorp Inc.

What can you expect buying and holding a share of Pathfinder Bancorp Inc?

First you should know what it really means to hold a share of Pathfinder Bancorp Inc. And how you can make/lose money.

Speculation

The Price per Share of Pathfinder Bancorp Inc is $12.78. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Pathfinder Bancorp Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Pathfinder Bancorp Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $19.80. Based on the TTM, the Book Value Change Per Share is $0.27 per quarter. Based on the YOY, the Book Value Change Per Share is $-1.18 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.09 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Pathfinder Bancorp Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.42	3.3%	0.36	2.8%	0.64	5.0%	0.42	3.3%	0.30	2.3%
Usd Book Value Change Per Share	1.00	7.8%	0.27	2.1%	-1.18	-9.3%	0.31	2.4%	0.27	2.1%
Usd Dividend Per Share	0.08	0.7%	0.09	0.7%	0.10	0.8%	0.08	0.7%	0.06	0.5%
Usd Total Gains Per Share	1.08	8.5%	0.36	2.8%	-1.08	-8.5%	0.39	3.1%	0.33	2.6%
Usd Price Per Share	14.01	-	14.80	-	20.35	-	15.08	-	13.94	-
Price to Earnings Ratio	8.39	-	10.58	-	7.95	-	11.52	-	15.06	-
Price-to-Total Gains Ratio	12.91	-	103.39	-	51.36	-	66.33	-	93.87	-
Price to Book Ratio	0.71	-	0.78	-	0.93	-	0.51	-	0.76	-
Price-to-Total Gains Ratio	12.91	-	103.39	-	51.36	-	66.33	-	93.87	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	12.78
Number of shares	78

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.09	0.08
Usd Book Value Change Per Share	0.27	0.31
Usd Total Gains Per Share	0.36	0.39
Gains per Quarter (78 shares)	28.33	30.45
Gains per Year (78 shares)	113.31	121.81

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	28	85	103	26	96	112
2	56	171	216	52	192	234
3	84	256	329	78	288	356
4	111	342	442	104	383	478
5	139	427	555	130	479	600
6	167	513	668	156	575	722
7	195	598	781	182	671	844
8	223	684	894	208	767	966
9	251	769	1007	234	863	1088
10	278	855	1120	260	959	1210

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	102.0	2.0	0.0	98.1%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	5.0	7.0	0.0	41.7%	7.0	9.0	4.0	35.0%	23.0	13.0	4.0	57.5%	60.0	39.0	5.0	57.7%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	100.0	0.0	4.0	96.2%
Total Gains per Share	3.0	1.0	0.0	75.0%	7.0	5.0	0.0	58.3%	13.0	7.0	0.0	65.0%	30.0	10.0	0.0	75.0%	72.0	31.0	1.0	69.2%

Fundamentals of Pathfinder Bancorp Inc

About Pathfinder Bancorp Inc

https://www.pathfinderbank.com
Banks - Regional
161
214 West First Street, Oswego, NY, United States, 13126
Google Maps Bing Maps

Pathfinder Bancorp, Inc. operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits. Its loan portfolio comprises commercial real estate, commercial, residential real estate, construction, and tax-exempt loans; home equity loans and junior liens; and consumer loans comprising automobile, recreational vehicles, and unsecured personal loans, as well as unsecured lines of credit and loans secured by deposit accounts. The company is also involved in the property, casualty, and life insurance brokerage business. It primarily serves individuals, families, small to mid-size businesses, and municipalities. The company was founded in 1859 and is headquartered in Oswego, New York.

Fundamental data was last updated by Penke on 2024-04-12 14:39:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Pathfinder Bancorp Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Pathfinder Bancorp Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
A Net Profit Margin of 12.9% means that $0.13 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Pathfinder Bancorp Inc:

The MRQ is 12.9%. The company is making a huge profit. +2
The TTM is 20.0%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	12.9%	TTM	20.0%	-7.1%
TTM	20.0%	YOY	27.9%	-7.8%
TTM	20.0%	5Y	21.4%	-1.3%
5Y	21.4%	10Y	17.1%	+4.3%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	12.9%	18.4%	-5.5%
TTM	20.0%	28.0%	-8.0%
YOY	27.9%	25.2%	+2.7%
5Y	21.4%	22.8%	-1.4%
10Y	17.1%	19.8%	-2.7%

Measures how much net profit Pathfinder Bancorp Inc earns for each $1 of revenue.

Revenue is the amount of profit Pathfinder Bancorp Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Pathfinder Bancorp Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

You typically want a high profit margin. This means that for each $1 in sales, Pathfinder Bancorp Inc makes more profit. This shows the investor how efficiently Pathfinder Bancorp Inc is operating in general and compared to other companies in the same industry. Pathfinder Bancorp Inc operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Pathfinder Bancorp Inc. If profit margins remain low (compared to the Banks - Regional industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Pathfinder Bancorp Inc is 0.13. This means that Pathfinder Bancorp Inc earned $0.13 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Banks - Regional industry is 18.4%.
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Pathfinder Bancorp Inc with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Pathfinder Bancorp Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Pathfinder Bancorp Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Pathfinder Bancorp Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Pathfinder Bancorp Inc = 2,536
Total revenue MRQ Pathfinder Bancorp Inc = 19,611
$2,536 / $19,611 = 0.13 or 12.9%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Pathfinder Bancorp Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
0.2% Return on Assets means that Pathfinder Bancorp Inc generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Pathfinder Bancorp Inc:

The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.2%	TTM	0.2%	+0.0%
TTM	0.2%	YOY	0.2%	-0.1%
TTM	0.2%	5Y	0.2%	0.0%
5Y	0.2%	10Y	0.1%	+0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.2%	0.1%	+0.1%
TTM	0.2%	0.2%	0.0%
YOY	0.2%	0.2%	+0.0%
5Y	0.2%	0.2%	0.0%
10Y	0.1%	0.2%	-0.1%

Shows how efficient Pathfinder Bancorp Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Pathfinder Bancorp Inc is using its resources to generate profit. If the return on assets (0.2%) from Pathfinder Bancorp Inc are higher than the Banks - Regional mean (0.1%) that means Pathfinder Bancorp Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Pathfinder Bancorp Inc is 0.2%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.1%.
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Pathfinder Bancorp Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Pathfinder Bancorp Inc = 2,536
Total assets MRQ (balance sheet) from Pathfinder Bancorp Inc = 1,471,259
2,536 / 1,471,259 = 0.00 or 0.2%

ROA is an important ratio as it will tell you how effectively Pathfinder Bancorp Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Pathfinder Bancorp Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
2.1% Return on Equity means Pathfinder Bancorp Inc generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Pathfinder Bancorp Inc:

The MRQ is 2.1%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.0%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.1%	TTM	2.0%	+0.1%
TTM	2.0%	YOY	3.0%	-0.9%
TTM	2.0%	5Y	2.2%	-0.2%
5Y	2.2%	10Y	1.8%	+0.4%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	2.1%	1.4%	+0.7%
TTM	2.0%	2.5%	-0.5%
YOY	3.0%	2.7%	+0.3%
5Y	2.2%	2.5%	-0.3%
10Y	1.8%	2.8%	-1.0%

Shows how efficient Pathfinder Bancorp Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Banks - Regional industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Pathfinder Bancorp Inc is 2.1%. This means Pathfinder Bancorp Inc generated $0.02 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Banks - Regional industry is 1.4%.
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if Pathfinder Bancorp Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Pathfinder Bancorp Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Pathfinder Bancorp Inc = 2,536
Shareholders equity (balance sheet) MRQ Pathfinder Bancorp Inc = 119,495
2,536 / 119,495 = 0.02 or 2.1%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Pathfinder Bancorp Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Pathfinder Bancorp Inc is operating .

Measures how much profit Pathfinder Bancorp Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
An Operating Margin of -2.1% means the company generated $-0.02 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Pathfinder Bancorp Inc:

The MRQ is -2.1%. The company is operating very inefficient. -2
The TTM is 32.5%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	-2.1%	TTM	32.5%	-34.7%
TTM	32.5%	YOY	54.3%	-21.8%
TTM	32.5%	5Y	48.7%	-16.2%
5Y	48.7%	10Y	42.2%	+6.5%

Measures how efficient Pathfinder Bancorp Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Pathfinder Bancorp Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Pathfinder Bancorp Inc is -2.1%. This means that Pathfinder Bancorp Inc earned $-0.02 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Pathfinder Bancorp Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Pathfinder Bancorp Inc = -42
Total revenue MRQ Pathfinder Bancorp Inc = 19,611
$-42 / $19,611 = -0.02 or -2.1%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Pathfinder Bancorp Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.13 means that the operating costs are $0.13 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Pathfinder Bancorp Inc:

The MRQ is 0.126. The company is very efficient in keeping operating costs low. +2
The TTM is -0.285.

Trends

Current period		Compared to		+/-
MRQ	0.126	TTM	-0.285	+0.411
TTM	-0.285	YOY	-0.108	-0.177
TTM	-0.285	5Y	-0.066	-0.220
5Y	-0.066	10Y	-0.281	+0.215

Measures how efficient Pathfinder Bancorp Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Pathfinder Bancorp Inc is 12.6%. This means that Pathfinder Bancorp Inc earned $0.13 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Pathfinder Bancorp Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(0 +2,468) \ 19,611 = 0.13

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Pathfinder Bancorp Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Pathfinder Bancorp Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 0.09 means the company has $0.09 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Pathfinder Bancorp Inc:

The MRQ is 0.089. The company is unable to pay all its short-term debts. -2
The TTM is 5.128. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	0.089	TTM	5.128	-5.039
TTM	5.128	YOY	49.381	-44.254
TTM	5.128	5Y	388.040	-382.913
5Y	388.040	10Y	210.004	+178.036

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	5.128	0.124	+5.004
YOY	49.381	0.225	+49.156
5Y	388.040	0.219	+387.821
10Y	210.004	0.131	+209.873

Measures if Pathfinder Bancorp Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Pathfinder Bancorp Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Pathfinder Bancorp Inc is 0.09. This means Pathfinder Bancorp Inc has $0.09 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Pathfinder Bancorp Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
59,211 \ 665,137) = 0.09

The current ratio measures if Pathfinder Bancorp Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Pathfinder Bancorp Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Pathfinder Bancorp Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Pathfinder Bancorp Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Pathfinder Bancorp Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
A Quick Ratio of 1.01 means the company can pay off $1.01 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Pathfinder Bancorp Inc:

The MRQ is 1.006. The company is just able to pay all its short-term debts with the most liquid assets.
The TTM is 18.890. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	1.006	TTM	18.890	-17.883
TTM	18.890	YOY	59.542	-40.653
TTM	18.890	5Y	189.849	-170.959
5Y	189.849	10Y	104.067	+85.782

Measures if Pathfinder Bancorp Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Pathfinder Bancorp Inc can pay off its short term debts. This shows if Pathfinder Bancorp Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Pathfinder Bancorp Inc is 1.01. This means that Pathfinder Bancorp Inc can pay off $1.01 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Pathfinder Bancorp Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Pathfinder Bancorp Inc: (403,411 + 258,716 +7,286) / 665,137 = 1.01

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Pathfinder Bancorp Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Pathfinder Bancorp Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Pathfinder Bancorp Inc to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.92 means that Pathfinder Bancorp Inc assets are financed with 91.8% credit (debt) and the remaining percentage (100% - 91.8%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Pathfinder Bancorp Inc:

The MRQ is 0.918. The company is just able to pay all its debts by selling its assets.
The TTM is 0.919. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.918	TTM	0.919	-0.001
TTM	0.919	YOY	0.920	-0.002
TTM	0.919	5Y	0.947	-0.028
5Y	0.947	10Y	0.930	+0.017

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.918	0.915	+0.003
TTM	0.919	0.917	+0.002
YOY	0.920	0.919	+0.001
5Y	0.947	0.919	+0.028
10Y	0.930	0.927	+0.003

Measures how much % of Pathfinder Bancorp Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Pathfinder Bancorp Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Pathfinder Bancorp Inc to Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Pathfinder Bancorp Inc is 0.92. This means means that Pathfinder Bancorp Inc is financed with 91.8% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Pathfinder Bancorp Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Pathfinder Bancorp Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
1,351,003 \ 1,471,259 = 91.8% or 0.92.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Pathfinder Bancorp Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
A Debt to Equity ratio of 1,130.6% means that company has $11.31 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Pathfinder Bancorp Inc:

The MRQ is 11.306. The company is unable to pay all its debts with equity. -1
The TTM is 11.355. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	11.306	TTM	11.355	-0.049
TTM	11.355	YOY	11.617	-0.261
TTM	11.355	5Y	11.825	-0.470
5Y	11.825	10Y	11.431	+0.395

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	11.306	10.829	+0.477
TTM	11.355	11.013	+0.342
YOY	11.617	11.363	+0.254
5Y	11.825	11.437	+0.388
10Y	11.431	13.038	-1.607

Measures if Pathfinder Bancorp Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Pathfinder Bancorp Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Pathfinder Bancorp Inc is 11.31. This means that Pathfinder Bancorp Inc can pay off $11.31 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.83.
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Pathfinder Bancorp Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,351,003 \ 119,495 = 11.31 or 1,130.6%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Pathfinder Bancorp Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Pathfinder Bancorp Inc generates.

Above 15 is considered overpriced but always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
A PE ratio of 8.39 means the investor is paying $8.39 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Pathfinder Bancorp Inc:

The EOD is 7.651. Based on the earnings, the company is underpriced. +1
The MRQ is 8.387. Based on the earnings, the company is underpriced. +1
The TTM is 10.578. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	7.651	MRQ	8.387	-0.736
MRQ	8.387	TTM	10.578	-2.190
TTM	10.578	YOY	7.950	+2.627
TTM	10.578	5Y	11.519	-0.941
5Y	11.519	10Y	15.056	-3.537

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	7.651	7.498	+0.153
MRQ	8.387	6.680	+1.707
TTM	10.578	5.295	+5.283
YOY	7.950	6.943	+1.007
5Y	11.519	9.770	+1.749
10Y	15.056	9.943	+5.113

Measures how much money you pay for each share for every $1 in earnings Pathfinder Bancorp Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Pathfinder Bancorp Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Pathfinder Bancorp Inc is 8.39. This means the investor is paying $8.39 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 6.68.
What is the trend?
The trend is important because it shows you how Pathfinder Bancorp Inc is performing over time. The most recent quarter might be important if Pathfinder Bancorp Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Pathfinder Bancorp Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Pathfinder Bancorp Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 6,073 = EPS
PE ratio MRQ = 8.39

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Pathfinder Bancorp Inc:

The EOD is 2.387. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 2.617. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 1.885. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	2.387	MRQ	2.617	-0.230
MRQ	2.617	TTM	1.885	+0.731
TTM	1.885	YOY	6.725	-4.839
TTM	1.885	5Y	4.463	-2.577
5Y	4.463	10Y	-3.834	+8.296

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	2.387	-2.096	+4.483
MRQ	2.617	-1.868	+4.485
TTM	1.885	-0.342	+2.227
YOY	6.725	6.448	+0.277
5Y	4.463	0.429	+4.034
10Y	-3.834	0.091	-3.925

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Pathfinder Bancorp Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
A PB ratio of 0.71 means the investor is paying $0.71 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Pathfinder Bancorp Inc:

The EOD is 0.645. Based on the equity, the company is cheap. +2
The MRQ is 0.708. Based on the equity, the company is cheap. +2
The TTM is 0.777. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.645	MRQ	0.708	-0.062
MRQ	0.708	TTM	0.777	-0.070
TTM	0.777	YOY	0.933	-0.156
TTM	0.777	5Y	0.515	+0.263
5Y	0.515	10Y	0.759	-0.245

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	0.645	0.433	+0.212
MRQ	0.708	0.386	+0.322
TTM	0.777	0.470	+0.307
YOY	0.933	0.642	+0.291
5Y	0.515	0.795	-0.280
10Y	0.759	1.025	-0.266

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Pathfinder Bancorp Inc.

3.1. Institutions holding Pathfinder Bancorp Inc

Institutions are holding 27.486% of the shares of Pathfinder Bancorp Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Minerva Advisors LLC	4.2068	2.2114	256599	0	0
2023-12-31	AllianceBernstein L.P.	3.9146	0.0013	238773	4030	1.7168
2023-12-31	Oppenheimer & Close Inc	1.5037	1.1716	91718	0	0
2023-12-31	M3F, Inc.	1.2667	0.3436	77265	-4201	-5.1568
2023-12-31	Hamilton Point Investment Advisors, LLC	0.63	0.1077	38429	0	0
2023-12-31	Vanguard Group Inc	0.6176	0	37670	380	1.019
2023-12-31	MONOGRAPH WEALTH ADVISORS, LLC	0.4859	0.0735	29637	26	0.0878
2023-12-31	Geode Capital Management, LLC	0.3794	0	23143	0	0
2023-12-31	Advisor Group Holdings, Inc.	0.3034	0.0005	18504	-11092	-37.478
2023-12-31	Dimensional Fund Advisors, Inc.	0.2705	0.0001	16497	0	0
2023-12-31	CALDWELL SUTTER CAPITAL INC	0.252	0.1092	15373	0	0
2023-12-31	Northern Trust Corp	0.1958	0	11941	11941	0
2023-12-31	Bridgeway Capital Management, LLC	0.1672	0.003	10200	0	0
2023-12-31	BlackRock Inc	0.1492	0	9098	537	6.2726
2023-12-31	Rockbridge Investment Management, LLC	0.0343	0.0044	2092	-131375	-98.4326
2023-12-31	Tower Research Capital LLC	0.0163	0.0002	992	588	145.5446
2023-12-31	Morgan Stanley - Brokerage Accounts	0.0086	0	526	-32	-5.7348
2023-12-31	Royal Bank of Canada	0.0035	0	215	140	186.6667
2023-12-31	Wells Fargo & Co	0.0003	0	18	1	5.8824
2023-12-31	Creative Planning Inc	0	0	0	-2000	-100
Total		14.4058	4.0265	878690	-131057	-14.9%

3.2. Funds holding Pathfinder Bancorp Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	0.5907	0.0004	36034	0	0
2024-02-29	Fidelity Extended Market Index	0.2021	0.0004	12326	-60	-0.4844
2023-12-31	Bridgeway Omni Small-Cap Value N	0.1672	0.011	10200	0	0
2023-12-31	Bridgeway Omni Small-Cap Value	0.1672	0.011	10200	0	0
2024-02-29	DFA US Core Equity 2 I	0.1331	0.0003	8118	0	0
2024-03-28	iShares Micro-Cap ETF	0.1257	0.0105	7668	0	0
2024-02-29	Fidelity Series Total Market Index	0.0838	0.0001	5112	0	0
2024-02-29	Fidelity Total Market Index	0.0773	0.0001	4716	0	0
2024-02-29	DFA US Core Equity 1 I	0.0679	0.0001	4141	0	0
2024-02-29	Vanguard U.S. Eq Idx £ Acc	0.0268	0.0001	1636	0	0
2024-02-29	DFA US Vector Equity I	0.0255	0.0004	1554	0	0
2023-12-31	NT Ext Equity Mkt Idx Fd - L	0.0206	0.0003	1254	-1248	-49.8801
2023-12-31	Northern Trust Extended Eq Market Idx	0.0206	0.0003	1254	-1248	-49.8801
2024-02-29	DFA US Sustainability Core 1	0.0148	0.0002	900	0	0
2023-12-31	NT Quality Small Cap Core	0.0116	0.0041	709	0	0
2023-12-31	NT Quality SCC US Fund - L	0.0116	0.0039	709	0	0
2024-01-31	DFA US Vector Equity Class F	0.0115	0.0008	704	0	0
2024-02-29	1290 VT Micro Cap K	0.0106	0.0051	646	0	0
2024-03-29	Dimensional US Core Equity 2 ETF	0.01	0	610	0	0
2024-02-29	Schwab Total Stock Market Index	0.0097	0	593	0	0
Total		1.7883	0.0491	109084	-2556	-2.3%

3.3. Insider Transactions

Insiders are holding 28.166% of the shares of Pathfinder Bancorp Inc.

Date	Owner	Type	Amount	Price
2024-03-12	James A Dowd	BUY	200	12.02
2024-03-11	Meghan Crawford-hamlin	BUY	1000	11.5
2024-03-07	Robert G Jr. Butkowski	BUY	3500	11.95
2024-03-07	Walter Rusnak	BUY	1500	11.85
2023-12-05	George P Joyce	BUY	100	12.92
2023-09-12	Walter Rusnak	BUY	733	10.37
2023-08-22	Walter Rusnak	BUY	1000	12.94
2023-08-14	Calvin Corriders	SELL	3000	14.31
2023-05-30	George P Joyce	BUY	10	13.48
2023-05-26	George P Joyce	BUY	10	13.3
2023-05-24	George P Joyce	BUY	750	12.88
2023-05-15	George P Joyce	BUY	250	12.72
2023-05-12	George P Joyce	BUY	500	12.94
2023-05-11	Walter Rusnak	BUY	5000	10.37
2023-05-08	George P Joyce	BUY	1127	13.03
2023-05-04	George P Joyce	BUY	50	13
2023-05-04	Walter Rusnak	BUY	2000	12.73

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Pathfinder Bancorp Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	1.000	0.274	+265%	-1.184	+218%	0.307	+225%	0.269	+272%
Book Value Per Share	-	-	19.802	19.066	+4%	21.911	-10%	13.562	+46%	13.211	+50%
Current Ratio	-	-	0.089	5.128	-98%	49.381	-100%	388.040	-100%	210.004	-100%
Debt To Asset Ratio	-	-	0.918	0.919	0%	0.920	0%	0.947	-3%	0.930	-1%
Debt To Equity Ratio	-	-	11.306	11.355	0%	11.617	-3%	11.825	-4%	11.431	-1%
Dividend Per Share	-	-	0.085	0.089	-5%	0.102	-17%	0.083	+2%	0.062	+36%
Eps	-	-	0.418	0.363	+15%	0.643	-35%	0.421	-1%	0.296	+41%
Free Cash Flow Per Share	-	-	1.339	0.556	+141%	0.811	+65%	1.015	+32%	0.611	+119%
Free Cash Flow To Equity Per Share	-	-	10.665	2.724	+292%	6.563	+62%	5.968	+79%	5.257	+103%
Gross Profit Margin	-	-	0.939	0.927	+1%	0.930	+1%	0.866	+8%	0.815	+15%
Intrinsic Value_10Y_max	-	-	68.578	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	40.050	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	3.703	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	2.728	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	13.542	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	9.358	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	26.292	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	17.211	-	-	-	-	-	-	-	-
Market Cap	60318916.200	-41%	85082730.000	89221115.000	-5%	101994256.875	-17%	76224026.869	+12%	68326622.281	+25%
Net Profit Margin	-	-	0.129	0.200	-35%	0.279	-54%	0.214	-40%	0.171	-24%
Operating Margin	-	-	-0.021	0.325	-107%	0.543	-104%	0.487	-104%	0.422	-105%
Operating Ratio	-	-	0.126	-0.285	+327%	-0.108	+186%	-0.066	+152%	-0.281	+323%
Pb Ratio	0.645	-10%	0.708	0.777	-9%	0.933	-24%	0.515	+37%	0.759	-7%
Pe Ratio	7.651	-10%	8.387	10.578	-21%	7.950	+6%	11.519	-27%	15.056	-44%
Price Per Share	12.780	-10%	14.010	14.795	-5%	20.348	-31%	15.076	-7%	13.940	+1%
Price To Free Cash Flow Ratio	2.387	-10%	2.617	1.885	+39%	6.725	-61%	4.463	-41%	-3.834	+247%
Price To Total Gains Ratio	11.780	-10%	12.914	103.386	-88%	51.364	-75%	66.334	-81%	93.870	-86%
Quick Ratio	-	-	1.006	18.890	-95%	59.542	-98%	189.849	-99%	104.067	-99%
Return On Assets	-	-	0.002	0.002	+5%	0.002	-27%	0.002	-3%	0.001	+19%
Return On Equity	-	-	0.021	0.020	+5%	0.030	-29%	0.022	-4%	0.018	+20%
Total Gains Per Share	-	-	1.085	0.363	+199%	-1.082	+200%	0.390	+178%	0.331	+227%
Usd Book Value	-	-	120256000.000	115038750.000	+5%	109237500.000	+10%	70185150.000	+71%	65442250.000	+84%
Usd Book Value Change Per Share	-	-	1.000	0.274	+265%	-1.184	+218%	0.307	+225%	0.269	+272%
Usd Book Value Per Share	-	-	19.802	19.066	+4%	21.911	-10%	13.562	+46%	13.211	+50%
Usd Dividend Per Share	-	-	0.085	0.089	-5%	0.102	-17%	0.083	+2%	0.062	+36%
Usd Eps	-	-	0.418	0.363	+15%	0.643	-35%	0.421	-1%	0.296	+41%
Usd Free Cash Flow	-	-	8129000.000	3365500.000	+142%	4131000.000	+97%	5000650.000	+63%	2988100.000	+172%
Usd Free Cash Flow Per Share	-	-	1.339	0.556	+141%	0.811	+65%	1.015	+32%	0.611	+119%
Usd Free Cash Flow To Equity Per Share	-	-	10.665	2.724	+292%	6.563	+62%	5.968	+79%	5.257	+103%
Usd Market Cap	60318916.200	-41%	85082730.000	89221115.000	-5%	101994256.875	-17%	76224026.869	+12%	68326622.281	+25%
Usd Price Per Share	12.780	-10%	14.010	14.795	-5%	20.348	-31%	15.076	-7%	13.940	+1%
Usd Profit	-	-	2536000.000	2323250.000	+9%	3233000.000	-22%	2292900.000	+11%	1545000.000	+64%
Usd Revenue	-	-	19611000.000	12478000.000	+57%	11602750.000	+69%	10575250.000	+85%	8416475.000	+133%
Usd Total Gains Per Share	-	-	1.085	0.363	+199%	-1.082	+200%	0.390	+178%	0.331	+227%
	EOD	+4 -4	MRQ	TTM	+24 -12	YOY	+17 -19	5Y	+24 -12	10Y	+28 -8

4.2. Fundamental Score

Let's check the fundamental score of Pathfinder Bancorp Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	7.651
Price to Book Ratio (EOD)	Between	0-1	0.645
Net Profit Margin (MRQ)	Greater than	0	0.129
Operating Margin (MRQ)	Greater than	0	-0.021
Quick Ratio (MRQ)	Greater than	1	1.006
Current Ratio (MRQ)	Greater than	1	0.089
Debt to Asset Ratio (MRQ)	Less than	1	0.918
Debt to Equity Ratio (MRQ)	Less than	1	11.306
Return on Equity (MRQ)	Greater than	0.15	0.021
Return on Assets (MRQ)	Greater than	0.05	0.002
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Pathfinder Bancorp Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	58.752
Ma 20	Greater than	Ma 50	12.319
Ma 50	Greater than	Ma 100	12.139
Ma 100	Greater than	Ma 200	12.736
Open	Greater than	Close	12.780
Total			2/5 (40.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Other Current Liabilities	-975	-545	-1,520	-39	-1,559	-172	-1,731	518,173	516,442
Long-term Assets Other	-397,987	7,660	-390,327	9,002	-381,325	-14,125	-395,450	1,721,205	1,325,755
Net Working Capital	1,033,935	-709,034	324,901	-24,567	300,334	19,423	319,757	-925,683	-605,926
EBIT	7,809	610	8,419	-6,286	2,133	406	2,539	-2,960	-421
EBITDA	7,761	582	8,343	-5,831	2,512	237	2,749	-2,791	-42
Operating Income	7,809	610	8,419	-5,907	2,512	237	2,749	-2,791	-42

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	1,471,259
Total Liabilities	1,351,003
Total Stockholder Equity	119,495

	As reported
Total Liabilities	1,351,003
Total Stockholder Equity	+ 119,495
Total Assets	= 1,471,259

Assets

Total Assets	1,471,259
Total Current Assets	59,211
Long-term Assets	1,412,048

Total Current Assets

Total Current Assets (as reported)	59,211
Cash And Cash Equivalents	48,732
Short-term Investments	258,716
Net Receivables	7,286
Inventory	-410,697
Other Current Assets	59,211
Total Current Assets (calculated)	-36,752
+/-	95,963

Long-term Assets

Long-term Assets (as reported)	1,412,048
Property Plant Equipment	24,040
Goodwill	4,536
Long Term Investments	441,208
Intangible Assets	85
Long-term Assets Other	1,325,755
Long-term Assets (calculated)	1,795,624
+/-	383,576

Liabilities & Shareholders' Equity

Total Current Liabilities	665,137
Long-term Liabilities	685,866
Total Stockholder Equity	119,495

Total Current Liabilities

Total Current Liabilities (as reported)	665,137
Short-term Debt	148,695
Short Long Term Debt	125,680
Accounts payable	2,245
Other Current Liabilities	516,442
Total Current Liabilities (calculated)	793,062
+/-	127,925

Long-term Liabilities

Long-term Liabilities (as reported)	685,866
Long term Debt	79,833
Capital Lease Obligations	6,092
Long-term Liabilities (calculated)	85,925
+/-	599,941

Total Stockholder Equity

Total Stockholder Equity (as reported)	119,495
Common Stock	61
Retained Earnings	76,060
Accumulated Other Comprehensive Income	-9,605
Other Stockholders Equity	52,979
Total Stockholder Equity (calculated)	119,495
+/-	0

Other

Capital Stock	61
Cash and Short Term Investments	403,411
Common Stock Shares Outstanding	6,073
Current Deferred Revenue	-2,245
Liabilities and Stockholders Equity	1,471,259
Net Debt	162,873
Net Invested Capital	325,008
Net Working Capital	-605,926
Property Plant and Equipment Gross	47,691
Short Long Term Debt Total	211,605

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

> Total Assets

196,200
198,100
191,600
203,400
202,100
213,600
219,500
216,300
212,828
221,377
228,015
231,847
233,082
235,422
237,786
244,366
249,735
257,966
258,184
279,056
282,638
283,128
287,478
277,940
302,316
299,932
303,029
302,037
308,616
310,471
303,076
296,948
303,754
296,953
298,003
301,382
317,219
304,556
313,841
320,691
337,145
346,304
352,788
352,760
361,580
347,224
364,982
371,692
386,742
396,332
405,786
408,545
412,444
418,532
420,446
442,980
468,130
474,914
479,363
477,796
504,964
494,367
492,507
503,793
525,846
544,529
570,034
561,024
606,775
600,325
607,198
623,254
665,326
670,971
717,130
749,034
802,345
811,221
874,604
881,257
891,137
903,482
921,615
933,115
975,072
1,012,856
1,056,120
1,093,807
1,107,643
1,167,024
1,202,009
1,227,443
1,307,156
1,259,691
1,262,198
1,285,523
1,328,806
1,363,492
1,397,440
1,400,505
1,403,717
1,393,000
1,400,649
1,471,259

1,471,259

1,400,649

1,393,000

1,403,717

1,400,505

1,397,440

1,363,492

1,328,806

1,285,523

1,262,198

1,259,691

1,307,156

1,227,443

1,202,009

1,167,024

1,107,643

1,093,807

1,056,120

1,012,856

975,072

933,115

921,615

903,482

891,137

881,257

874,604

811,221

802,345

749,034

717,130

670,971

665,326

623,254

607,198

600,325

606,775

561,024

570,034

544,529

525,846

503,793

492,507

494,367

504,964

477,796

479,363

474,914

468,130

442,980

420,446

418,532

412,444

408,545

405,786

396,332

386,742

371,692

364,982

347,224

361,580

352,760

352,788

346,304

337,145

320,691

313,841

304,556

317,219

301,382

298,003

296,953

303,754

296,948

303,076

310,471

308,616

302,037

303,029

299,932

302,316

277,940

287,478

283,128

282,638

279,056

258,184

257,966

249,735

244,366

237,786

235,422

233,082

231,847

228,015

221,377

212,828

216,300

219,500

213,600

202,100

203,400

191,600

198,100

196,200

> Total Current Assets

4,900
7,200
6,000
7,700
6,500
4,300
4,600
5,700
5,000
5,615
4,964
5,834
6,160
10,317
7,193
8,911
8,883
18,392
14,306
206,015
210,449
205,250
209,407
209,041
215,019
212,836
216,321
214,921
206,670
210,643
206,254
210,445
212,098
212,770
217,265
227,124
231,376
223,436
236,767
244,034
249,488
255,808
266,384
269,332
275,858
268,854
288,346
287,925
295,199
290,997
309,951
309,946
309,127
313,846
319,944
328,048
326,237
336,996
351,014
355,509
365,001
361,082
363,081
372,224
382,810
385,791
415,932
414,334
428,821
436,075
446,812
460,431
475,914
492,828
514,898
532,523
576,334
584,239
647,996
623,088
646,354
670,863
683,914
675,766
711,717
770,094
791,733
829,381
835,962
878,731
886,219
896,935
951,316
908,539
895,502
1,023,978
240,054
1,075,956
241,132
1,094,268
368,437
369,870
376,455
59,211

59,211

376,455

369,870

368,437

1,094,268

241,132

1,075,956

240,054

1,023,978

895,502

908,539

951,316

896,935

886,219

878,731

835,962

829,381

791,733

770,094

711,717

675,766

683,914

670,863

646,354

623,088

647,996

584,239

576,334

532,523

514,898

492,828

475,914

460,431

446,812

436,075

428,821

414,334

415,932

385,791

382,810

372,224

363,081

361,082

365,001

355,509

351,014

336,996

326,237

328,048

319,944

313,846

309,127

309,946

309,951

290,997

295,199

287,925

288,346

268,854

275,858

269,332

266,384

255,808

249,488

244,034

236,767

223,436

231,376

227,124

217,265

212,770

212,098

210,445

206,254

210,643

206,670

214,921

216,321

212,836

215,019

209,041

209,407

205,250

210,449

206,015

14,306

18,392

8,883

8,911

7,193

10,317

6,160

5,834

4,964

5,615

5,000

5,700

4,600

4,300

6,500

7,700

6,000

7,200

4,900

Cash And Cash Equivalents

3,500
5,800
4,700
6,500
5,200
3,200
3,200
4,300
3,514
4,132
3,266
4,155
4,484
8,742
5,565
7,446
7,530
17,176
12,838
13,740
15,385
7,178
8,591
8,714
16,382
14,509
16,429
14,325
7,440
10,289
8,763
7,895
7,566
7,703
8,804
13,723
16,309
7,388
10,809
10,213
15,047
10,691
11,677
7,678
16,730
8,225
24,279
14,631
21,402
9,275
20,477
13,763
12,112
12,784
15,788
12,218
9,118
12,139
16,074
10,665
15,218
11,528
13,294
17,075
19,433
10,676
25,482
11,356
23,053
17,410
17,374
15,245
25,655
25,096
23,663
22,419
36,619
15,324
61,218
21,991
18,279
36,740
35,974
26,316
24,816
50,342
39,773
20,160
57,579
45,123
38,981
43,464
51,968
41,154
75,240
37,149
37,184
38,287
44,454
35,282
15,178
36,815
12,822
48,732

48,732

12,822

36,815

15,178

35,282

44,454

38,287

37,184

37,149

75,240

41,154

51,968

43,464

38,981

45,123

57,579

20,160

39,773

50,342

24,816

26,316

35,974

36,740

18,279

21,991

61,218

15,324

36,619

22,419

23,663

25,096

25,655

15,245

17,374

17,410

23,053

11,356

25,482

10,676

19,433

17,075

13,294

11,528

15,218

10,665

16,074

12,139

9,118

12,218

15,788

12,784

12,112

13,763

20,477

9,275

21,402

14,631

24,279

8,225

16,730

7,678

11,677

10,691

15,047

10,213

10,809

7,388

16,309

13,723

8,804

7,703

7,566

7,895

8,763

10,289

7,440

14,325

16,429

14,509

16,382

8,714

8,591

7,178

15,385

13,740

12,838

17,176

7,530

7,446

5,565

8,742

4,484

4,155

3,266

4,132

3,514

4,300

3,200

5,200

6,500

4,700

5,800

3,500

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
186
0
0
0
2,161
0
0
0
6,714
0
0
0
2,911
0
0
0
7,584
0
0
0
586
0
0
0
6,655
0
0
0
305
0
0
0
313
0
0
0
5,953
0
0
84,164
85,327
89,271
90,314
86,003
100,395
127,512
123,728
114,312
108,339
125,955
119,265
82,908
80,959
83,663
99,120
94,135
88,073
114,615
102,361
98,007
98,942
125,329
116,395
137,717
141,955
149,422
139,281
139,619
171,138
158,799
184,030
188,953
177,664
155,302
117,530
120,002
111,134
121,458
116,131
119,896
128,261
159,080
157,559
175,523
190,598
198,130
203,167
191,506
191,726
368,437
185,822
376,455
258,716

258,716

376,455

185,822

368,437

191,726

191,506

203,167

198,130

190,598

175,523

157,559

159,080

128,261

119,896

116,131

121,458

111,134

120,002

117,530

155,302

177,664

188,953

184,030

158,799

171,138

139,619

139,281

149,422

141,955

137,717

116,395

125,329

98,942

98,007

102,361

114,615

88,073

94,135

99,120

83,663

80,959

82,908

119,265

125,955

108,339

114,312

123,728

127,512

100,395

86,003

90,314

89,271

85,327

84,164

5,953

313

305

6,655

586

7,584

2,911

6,714

2,161

186

Net Receivables

1,400
1,400
1,300
1,200
1,300
1,100
1,400
1,400
1,486
1,483
1,697
1,679
1,676
1,575
1,628
1,465
1,353
1,216
1,468
1,334
1,469
1,319
1,393
1,274
1,436
1,491
1,505
1,505
1,595
1,683
1,644
1,678
1,642
1,650
1,636
1,694
1,732
1,759
1,625
1,673
1,631
1,722
1,637
1,678
1,561
1,518
1,465
1,482
1,588
1,663
1,707
1,709
1,751
1,640
1,619
1,685
1,969
1,791
1,921
1,717
1,912
1,799
1,806
1,715
1,813
1,775
1,865
1,849
2,064
1,966
2,082
2,053
2,238
2,069
2,316
2,532
2,711
2,679
2,638
3,047
3,000
2,725
2,915
3,068
3,364
3,339
3,313
3,712
3,700
4,973
4,906
4,549
4,718
4,539
4,599
4,520
4,740
4,812
5,172
6,168
897,910
6,145
886,950
7,286

7,286

886,950

6,145

897,910

6,168

5,172

4,812

4,740

4,520

4,599

4,539

4,718

4,549

4,906

4,973

3,700

3,712

3,313

3,339

3,364

3,068

2,915

2,725

3,000

3,047

2,638

2,679

2,711

2,532

2,316

2,069

2,238

2,053

2,082

1,966

2,064

1,849

1,865

1,775

1,813

1,715

1,806

1,799

1,912

1,717

1,921

1,791

1,969

1,685

1,619

1,640

1,751

1,709

1,707

1,663

1,588

1,482

1,465

1,518

1,561

1,678

1,637

1,722

1,631

1,673

1,625

1,759

1,732

1,694

1,636

1,650

1,642

1,678

1,644

1,683

1,595

1,505

1,491

1,436

1,274

1,393

1,319

1,469

1,334

1,468

1,216

1,353

1,465

1,628

1,575

1,676

1,679

1,697

1,483

1,486

1,400

1,100

1,300

1,200

1,300

1,400

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
190,940
193,595
196,753
199,423
199,053
197,201
196,836
198,387
199,091
197,635
198,671
195,847
200,872
202,890
203,417
206,825
211,707
213,335
214,289
224,333
232,148
232,810
243,395
253,070
259,976
257,567
259,111
262,602
271,812
272,209
280,059
287,767
294,474
295,264
299,422
302,537
314,145
315,150
323,066
333,019
234,788
221,916
228,490
265,073
272,475
277,901
274,220
294,450
313,056
289,089
314,338
329,349
344,191
322,692
349,268
351,202
365,617
387,582
426,955
444,521
426,912
466,276
447,368
456,072
468,718
528,235
598,883
628,645
694,375
653,225
712,504
722,436
720,661
735,550
705,287
640,140
6,633
7,019
829,690
49,847
44,713
41,209
46,279
34,299
59,211

59,211

34,299

46,279

41,209

44,713

49,847

829,690

7,019

6,633

640,140

705,287

735,550

720,661

722,436

712,504

653,225

694,375

628,645

598,883

528,235

468,718

456,072

447,368

466,276

426,912

444,521

426,955

387,582

365,617

351,202

349,268

322,692

344,191

329,349

314,338

289,089

313,056

294,450

274,220

277,901

272,475

265,073

228,490

221,916

234,788

333,019

323,066

315,150

314,145

302,537

299,422

295,264

294,474

287,767

280,059

272,209

271,812

262,602

259,111

257,567

259,976

253,070

243,395

232,810

232,148

224,333

214,289

213,335

211,707

206,825

203,417

202,890

200,872

195,847

198,671

197,635

199,091

198,387

196,836

197,201

199,053

199,423

196,753

193,595

190,940

> Long-term Assets

59,300
54,500
52,300
61,200
61,000
72,000
77,300
74,300
70,825
72,295
72,491
71,027
71,163
66,618
65,728
60,693
57,912
58,059
60,567
73,041
72,189
77,877
78,070
68,899
87,297
87,096
86,708
87,116
101,946
99,828
96,822
86,503
91,656
84,183
80,738
74,258
85,843
81,120
77,074
76,657
87,657
90,496
86,404
83,428
85,722
78,370
76,636
83,767
91,543
105,335
95,835
98,599
103,317
104,686
100,502
114,932
141,893
137,910
128,349
122,287
139,963
133,285
129,426
131,569
143,036
158,738
154,102
146,690
177,954
164,250
160,386
162,823
189,412
178,143
202,232
216,511
226,011
226,982
226,608
258,169
244,783
232,619
237,701
257,349
263,355
242,762
264,387
264,426
271,681
288,293
315,790
330,508
355,840
351,152
366,696
6,789
396,017
414,055
417,293
28,820
30,942
30,977
30,521
1,412,048

1,412,048

30,521

30,977

30,942

28,820

417,293

414,055

396,017

6,789

366,696

351,152

355,840

330,508

315,790

288,293

271,681

264,426

264,387

242,762

263,355

257,349

237,701

232,619

244,783

258,169

226,608

226,982

226,011

216,511

202,232

178,143

189,412

162,823

160,386

164,250

177,954

146,690

154,102

158,738

143,036

131,569

129,426

133,285

139,963

122,287

128,349

137,910

141,893

114,932

100,502

104,686

103,317

98,599

95,835

105,335

91,543

83,767

76,636

78,370

85,722

83,428

86,404

90,496

87,657

76,657

77,074

81,120

85,843

74,258

80,738

84,183

91,656

86,503

96,822

99,828

101,946

87,116

86,708

87,096

87,297

68,899

78,070

77,877

72,189

73,041

60,567

58,059

57,912

60,693

65,728

66,618

71,163

71,027

72,491

72,295

70,825

74,300

77,300

72,000

61,000

61,200

52,300

54,500

59,300

Property Plant Equipment

3,900
4,100
4,400
4,500
4,600
4,500
4,500
4,900
4,826
4,838
4,792
4,612
4,530
4,530
4,561
4,929
5,083
5,174
5,239
5,622
5,656
6,124
6,449
6,650
6,584
7,238
7,196
7,580
7,699
8,025
8,011
8,020
7,951
7,721
7,602
7,597
7,543
7,585
7,607
7,807
7,641
7,543
7,484
7,450
7,315
7,307
7,237
7,173
7,631
7,665
7,831
9,432
10,206
10,532
10,659
10,697
10,541
10,342
10,197
10,108
10,168
10,180
10,183
11,644
11,832
12,296
12,945
13,200
13,299
13,238
14,091
14,834
14,914
14,880
15,020
15,177
15,724
15,782
16,051
16,117
16,790
16,692
17,418
20,623
24,001
24,705
24,833
25,085
24,653
24,623
25,079
24,504
24,398
24,367
24,113
23,795
24,012
24,035
24,014
24,183
26,310
23,996
25,897
24,040

24,040

25,897

23,996

26,310

24,183

24,014

24,035

24,012

23,795

24,113

24,367

24,398

24,504

25,079

24,623

24,653

25,085

24,833

24,705

24,001

20,623

17,418

16,692

16,790

16,117

16,051

15,782

15,724

15,177

15,020

14,880

14,914

14,834

14,091

13,238

13,299

13,200

12,945

12,296

11,832

11,644

10,183

10,180

10,168

10,108

10,197

10,342

10,541

10,697

10,659

10,532

10,206

9,432

7,831

7,665

7,631

7,173

7,237

7,307

7,315

7,450

7,484

7,543

7,641

7,807

7,607

7,585

7,543

7,597

7,602

7,721

7,951

8,020

8,011

8,025

7,699

7,580

7,196

7,238

6,584

6,650

6,449

6,124

5,656

5,622

5,239

5,174

5,083

4,929

4,561

4,530

4,612

4,792

4,838

4,826

4,900

4,500

4,600

4,500

4,400

4,100

3,900

Goodwill

0
0
0
0
0
0
0
0
0
0
0
2,658
0
0
0
0
0
0
0
3,840
3,840
3,840
3,841
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
4,367
4,367
4,367
4,367
4,367
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536
4,536

4,536

4,367

3,840

3,841

3,840

2,658

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
2,000
2,000
2,000
2,000
2,000
1,500
33,995
34,912
43,490
43,274
0
132,402
0
0
0
145,663
0
0
0
199,850
720,687
210,924
209,733
241,189
226,684
215,606
219,765
237,962
234,657
213,364
234,865
234,656
242,347
258,993
286,038
301,335
326,777
322,124
337,926
352,198
367,357
385,376
388,639
387,990
390,327
383,678
395,450
441,208

441,208

395,450

383,678

390,327

387,990

388,639

385,376

367,357

352,198

337,926

322,124

326,777

301,335

286,038

258,993

242,347

234,656

234,865

213,364

234,657

237,962

219,765

215,606

226,684

241,189

209,733

210,924

720,687

199,850

145,663

132,402

43,274

43,490

34,912

33,995

1,500

2,000

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
2,700
0
0
0
2,342
2,263
2,184
2,342
4,913
4,857
4,801
4,746
4,690
4,634
4,578
4,523
4,467
4,411
4,356
4,301
4,244
4,189
4,133
4,078
4,021
3,965
3,910
3,855
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
3,840
187
184
181
178
175
226
222
218
214
210
206
202
198
194
190
186
182
178
173
169
165
161
157
153
149
145
141
137
133
129
125
121
117
112
108
104
101
96
92
88
85

101

104

108

112

117

121

125

129

133

137

141

145

149

153

157

161

165

169

173

178

182

186

190

194

198

202

206

210

214

218

222

226

175

178

181

184

187

3,840

3,855

3,910

3,965

4,021

4,078

4,133

4,189

4,244

4,301

4,356

4,411

4,467

4,523

4,578

4,634

4,690

4,746

4,801

4,857

4,913

2,342

2,184

2,263

2,342

2,700

Earning Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
235,967
243,018
244,603
254,215
254,874
228,900
258,485
286,622
255,823
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

255,823

286,622

258,485

228,900

254,874

254,215

244,603

243,018

235,967

Other Assets

132,000
136,400
133,300
134,500
134,600
137,300
137,600
136,300
137,004
143,467
150,560
154,986
155,758
158,487
164,865
174,762
182,940
181,515
183,311
352,097
354,827
361,005
365,548
346,839
389,613
387,028
389,737
389,153
410,562
410,299
399,898
383,451
395,410
381,136
378,741
375,640
403,062
385,676
390,915
397,348
424,802
436,800
439,192
436,188
447,302
425,594
441,618
455,459
478,285
501,667
501,621
507,144
515,761
523,218
520,948
557,912
610,023
8
607,712
600,083
644,927
627,652
621,933
635,362
668,882
703,267
724,136
707,714
784,729
764,575
767,584
786,077
854,738
849,114
919,362
965,545
1,028,356
1,038,203
1,101,212
1,139,426
1,135,920
1,136,101
1,159,316
1,190,464
1,238,427
1,255,618
1,320,507
1,358,233
1,379,324
1,455,317
1,517,799
1,557,951
1,662,996
1,610,843
1,628,894
254,756
692,735
-126,519
739,015
277,417
1,004,338
992,153
993,673
1,465,798

1,465,798

993,673

992,153

1,004,338

277,417

739,015

-126,519

692,735

254,756

1,628,894

1,610,843

1,662,996

1,557,951

1,517,799

1,455,317

1,379,324

1,358,233

1,320,507

1,255,618

1,238,427

1,190,464

1,159,316

1,136,101

1,135,920

1,139,426

1,101,212

1,038,203

1,028,356

965,545

919,362

849,114

854,738

786,077

767,584

764,575

784,729

707,714

724,136

703,267

668,882

635,362

621,933

627,652

644,927

600,083

607,712

610,023

557,912

520,948

523,218

515,761

507,144

501,621

501,667

478,285

455,459

441,618

425,594

447,302

436,188

439,192

436,800

424,802

397,348

390,915

385,676

403,062

375,640

378,741

381,136

395,410

383,451

399,898

410,299

410,562

389,153

389,737

387,028

389,613

346,839

365,548

361,005

354,827

352,097

183,311

181,515

182,940

174,762

164,865

158,487

155,758

154,986

150,560

143,467

137,004

136,300

137,600

137,300

134,600

134,500

133,300

136,400

132,000

> Total Liabilities

16,700
15,000
10,600
18,700
22,000
33,500
43,300
42,900
38,084
44,311
44,167
47,230
44,209
42,076
44,773
49,441
50,071
49,441
46,644
255,826
261,730
261,639
266,103
256,155
280,080
278,857
281,076
280,211
287,662
288,793
281,498
276,020
282,895
276,374
276,638
280,532
296,287
283,795
292,785
298,987
315,173
325,157
332,197
333,265
341,770
327,110
336,551
342,454
356,627
365,384
374,251
377,953
381,257
386,090
381,064
405,139
430,337
435,100
438,424
437,049
463,915
454,224
451,752
461,081
482,432
500,276
525,071
492,234
537,227
530,654
536,432
552,449
606,552
611,282
658,286
691,105
742,966
750,157
812,700
819,534
829,062
840,865
858,295
868,656
975,072
1,012,856
967,158
1,093,807
1,107,643
1,167,024
1,202,009
1,129,987
1,307,156
1,156,456
1,155,886
1,174,890
1,219,360
1,255,364
1,289,645
1,288,924
1,292,017
1,278,571
1,286,879
1,351,003

1,351,003

1,286,879

1,278,571

1,292,017

1,288,924

1,289,645

1,255,364

1,219,360

1,174,890

1,155,886

1,156,456

1,307,156

1,129,987

1,202,009

1,167,024

1,107,643

1,093,807

967,158

1,012,856

975,072

868,656

858,295

840,865

829,062

819,534

812,700

750,157

742,966

691,105

658,286

611,282

606,552

552,449

536,432

530,654

537,227

492,234

525,071

500,276

482,432

461,081

451,752

454,224

463,915

437,049

438,424

435,100

430,337

405,139

381,064

386,090

381,257

377,953

374,251

365,384

356,627

342,454

336,551

327,110

341,770

333,265

332,197

325,157

315,173

298,987

292,785

283,795

296,287

280,532

276,638

276,374

282,895

276,020

281,498

288,793

287,662

280,211

281,076

278,857

280,080

256,155

266,103

261,639

261,730

255,826

46,644

49,441

50,071

49,441

44,773

42,076

44,209

47,230

44,167

44,311

38,084

42,900

43,300

33,500

22,000

18,700

10,600

15,000

16,700

> Total Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,200
2,100
3,100
2,100
0
1,000
2,000
10,900
2,000
2,000
9,100
7,900
3,300
0
0
3,400
9,000
18,400
8,000
7,970
21,755
17,575
1,000
1,000
1,000
0
0
7,236
327,927
13,000
4,000
7,106
2,000
145
149
124
9,129
9,140
142
27,928
24,072
24,086
17,098
25,067
14,073
55,163
32,074
48,060
15,275
24,999
29,566
49,989
65,176
42,022
21,017
41,642
34,214
30,786
20,818
26,855
2,326
39,304
13,471
29,446
18,706
25,534
8,545
10,434
10,208
4,213
4,212
2,145
145
12,500
2,622
15,886
11,994
60,333
43,536
69,536
56,698
665,137

665,137

56,698

69,536

43,536

60,333

11,994

15,886

2,622

12,500

145

2,145

4,212

4,213

10,208

10,434

8,545

25,534

18,706

29,446

13,471

39,304

2,326

26,855

20,818

30,786

34,214

41,642

21,017

42,022

65,176

49,989

29,566

24,999

15,275

48,060

32,074

55,163

14,073

25,067

17,098

24,086

24,072

27,928

142

9,140

9,129

124

149

145

2,000

7,106

4,000

13,000

327,927

7,236

1,000

17,575

21,755

7,970

8,000

18,400

9,000

3,400

3,300

7,900

9,100

2,000

10,900

2,000

1,000

2,100

3,100

2,100

5,200

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,200
2,100
3,100
2,100
0
1,000
2,000
10,900
2,000
2,000
9,100
7,900
3,300
0
0
3,400
9,000
18,400
8,000
7,970
21,755
17,575
1,000
1,000
1,000
0
0
7,236
0
13,000
4,000
7,106
2,000
0
0
0
9,000
9,000
0
27,860
24,000
24,000
17,000
25,000
14,000
55,100
32,000
48,000
15,225
24,800
29,500
49,950
65,100
41,947
20,921
41,536
34,036
30,600
20,600
733,169
2,000
39,000
13,000
29,000
18,238
25,138
8,138
10,158
10,020
4,020
4,020
2,000
0
12,500
2,500
15,700
11,500
60,333
43,536
69,536
56,698
148,695

148,695

56,698

69,536

43,536

60,333

11,500

15,700

2,500

12,500

2,000

4,020

10,020

10,158

8,138

25,138

18,238

29,000

13,000

39,000

2,000

733,169

20,600

30,600

34,036

41,536

20,921

41,947

65,100

49,950

29,500

24,800

15,225

48,000

32,000

55,100

14,000

25,000

17,000

24,000

27,860

9,000

2,000

7,106

4,000

13,000

7,236

1,000

17,575

21,755

7,970

8,000

18,400

9,000

3,400

3,300

7,900

9,100

2,000

10,900

2,000

1,000

2,100

3,100

2,100

5,200

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,337
0
0
0
56,318
0
0
0
73,972
20,921
99,738
89,847
2,000
78,956
99,179
0
31,227
13,000
29,000
18,238
25,138
8,138
10,158
10,020
4,020
4,020
2,000
0
12,500
2,500
15,700
11,500
60,333
43,536
69,536
56,698
125,680

125,680

56,698

69,536

43,536

60,333

11,500

15,700

2,500

12,500

2,000

4,020

10,020

10,158

8,138

25,138

18,238

29,000

13,000

31,227

99,179

78,956

2,000

89,847

99,738

20,921

73,972

56,318

71,337

Accounts payable

0
0
0
0
0
0
0
0
154,393
156,546
161,792
161,459
165,060
169,276
167,467
169,589
173,783
177,346
179,819
204,522
211,445
204,523
212,095
206,894
230,951
233,853
236,731
236,672
244,980
237,239
240,852
236,377
237,676
232,071
237,921
245,585
260,461
254,825
255,919
251,085
271,376
266,829
264,753
269,438
293,030
280,906
292,618
296,839
314,596
315,647
327,927
326,502
340,759
344,349
343,054
145
149
124
129
140
142
68
72
86
98
67
73
63
74
60
50
199
66
39
76
75
96
106
178
186
218
15,076
326
304
471
446
468
396
407
276
188
193
192
145
145
106
122
186
494
975
1,520
1,559
1,731
2,245

2,245

1,731

1,559

1,520

975

494

186

122

106

145

192

193

188

276

407

396

468

446

471

304

326

15,076

218

186

178

106

199

142

140

129

124

149

145

343,054

344,349

340,759

326,502

327,927

315,647

314,596

296,839

292,618

280,906

293,030

269,438

264,753

266,829

271,376

251,085

255,919

254,825

260,461

245,585

237,921

232,071

237,676

236,377

240,852

237,239

244,980

236,672

236,731

233,853

230,951

206,894

212,095

204,523

211,445

204,522

179,819

177,346

173,783

169,589

167,467

169,276

165,060

161,459

161,792

156,546

154,393

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
327,927
326,502
340,759
344,349
343,054
-145
-149
-124
393,838
391,805
-142
400,379
401,299
410,140
438,352
448,163
0
415,568
0
0
0
490,315
0
0
0
610,983
669,532
643,843
716,427
723,603
743,805
-721,390
0
0
0
0
0
0
0
0
-188
4,020
0
0
-145
-106
0
193,013
-11,994
-975
-1,520
-1,559
-1,731
516,442

516,442

-1,731

-1,559

-1,520

-975

-11,994

193,013

-106

-145

4,020

-188

-721,390

743,805

723,603

716,427

643,843

669,532

610,983

490,315

415,568

448,163

438,352

410,140

401,299

400,379

-142

391,805

393,838

-124

-149

-145

343,054

344,349

340,759

326,502

327,927

> Long-term Liabilities

16,700
15,000
10,600
18,700
22,000
33,500
43,300
42,900
38,084
44,311
44,167
47,230
44,209
42,076
44,773
49,441
50,071
49,441
46,644
47,860
46,860
53,160
44,860
43,860
43,015
39,415
40,515
39,515
37,515
37,515
35,515
34,515
33,515
33,515
32,515
31,515
32,320
22,165
24,165
25,165
31,465
45,555
40,555
39,555
41,555
40,555
38,155
41,155
38,155
38,155
40,155
33,155
32,155
30,155
31,256
31,229
30,201
30,174
31,146
31,119
31,091
22,063
22,036
22,008
21,981
21,953
22,176
16,155
16,155
19,155
19,155
31,491
31,499
28,508
32,016
32,025
47,133
58,202
55,811
58,347
58,356
72,579
92,721
94,628
82,247
78,256
78,814
85,765
101,053
82,971
87,914
119,955
124,418
113,683
99,045
1,162,044
92,034
92,046
11,994
1,228,006
1,248,372
1,208,381
1,229,509
685,866

685,866

1,229,509

1,208,381

1,248,372

1,228,006

11,994

92,046

92,034

1,162,044

99,045

113,683

124,418

119,955

87,914

82,971

101,053

85,765

78,814

78,256

82,247

94,628

92,721

72,579

58,356

58,347

55,811

58,202

47,133

32,025

32,016

28,508

31,499

31,491

19,155

16,155

22,176

21,953

21,981

22,008

22,036

22,063

31,091

31,119

31,146

30,174

30,201

31,229

31,256

30,155

32,155

33,155

40,155

38,155

41,155

38,155

40,555

41,555

39,555

40,555

45,555

31,465

25,165

24,165

22,165

32,320

31,515

32,515

33,515

34,515

35,515

37,515

39,515

40,515

39,415

43,015

43,860

44,860

53,160

46,860

47,860

46,644

49,441

50,071

49,441

44,773

42,076

44,209

47,230

44,167

44,311

38,084

42,900

43,300

33,500

22,000

18,700

10,600

15,000

16,700

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,155
33,155
32,155
30,155
31,256
31,229
30,201
30,174
31,146
31,119
31,091
22,063
22,036
22,008
21,981
21,953
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,068
15,076
15,085
15,094
15,102
15,111
15,119
15,128
15,136
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

15,136

15,128

15,119

15,111

15,102

15,094

15,085

15,076

15,068

21,953

21,981

22,008

22,036

22,063

31,091

31,119

31,146

30,174

30,201

31,229

31,256

30,155

32,155

33,155

40,155

Warrants

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
358
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

358

Other Liabilities

0
0
0
0
0
0
0
0
1,087
1,053
1,844
2,196
2,421
2,780
3,049
3,152
3,063
3,199
3,490
3,444
3,424
3,957
3,949
3,301
3,014
3,489
3,830
3,024
3,167
3,139
3,131
3,128
2,604
2,888
2,902
3,432
3,506
3,405
3,701
4,337
4,332
4,803
5,134
6,697
6,185
4,649
4,778
4,460
3,876
4,346
6,169
5,296
4,343
4,480
4,754
7,781
4,871
5,263
4,440
5,125
4,439
3,922
4,417
4,575
4,711
4,765
5,460
4,997
5,444
5,521
5,296
5,419
6,195
6,322
5,615
5,718
4,921
6,109
5,941
6,563
5,938
8,010
6,801
7,664
7,388
8,563
9,109
9,276
9,099
9,679
10,215
9,004
8,780
8,069
9,549
9,395
9,638
8,580
9,813
0
10,348
9,232
0
0

9,232

10,348

9,813

8,580

9,638

9,395

9,549

8,069

8,780

9,004

10,215

9,679

9,099

9,276

9,109

8,563

7,388

7,664

6,801

8,010

5,938

6,563

5,941

6,109

4,921

5,718

5,615

6,322

6,195

5,419

5,296

5,521

5,444

4,997

5,460

4,765

4,711

4,575

4,417

3,922

4,439

5,125

4,440

5,263

4,871

7,781

4,754

4,480

4,343

5,296

6,169

4,346

3,876

4,460

4,778

4,649

6,185

6,697

5,134

4,803

4,332

4,337

3,701

3,405

3,506

3,432

2,902

2,888

2,604

3,128

3,131

3,139

3,167

3,024

3,830

3,489

3,014

3,301

3,949

3,957

3,424

3,444

3,490

3,199

3,063

3,152

3,049

2,780

2,421

2,196

1,844

1,053

1,087

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

> Total Stockholder Equity

23,100
23,500
22,400
22,300
21,900
21,200
20,400
20,100
19,264
19,467
20,212
20,962
21,392
21,290
22,498
22,185
22,818
22,980
23,231
23,230
20,909
21,488
21,374
21,785
22,236
21,075
21,953
21,826
20,954
21,678
21,578
20,928
20,859
20,579
21,365
20,850
20,932
20,761
21,056
21,704
21,972
21,147
20,591
19,495
19,810
20,114
28,431
29,238
30,115
30,948
31,535
30,592
31,187
32,442
39,382
37,841
37,793
39,814
40,939
40,747
41,049
40,143
40,755
42,712
43,414
44,253
44,963
68,790
69,548
69,671
70,766
70,805
58,774
59,689
58,844
57,929
59,379
61,064
61,904
61,723
62,075
62,617
63,320
64,221
66,180
87,605
88,962
90,434
88,006
92,315
94,477
97,456
99,939
103,235
106,312
110,287
109,055
107,721
107,301
110,996
111,700
113,775
113,770
119,495

119,495

113,770

113,775

111,700

110,996

107,301

107,721

109,055

110,287

106,312

103,235

99,939

97,456

94,477

92,315

88,006

90,434

88,962

87,605

66,180

64,221

63,320

62,617

62,075

61,723

61,904

61,064

59,379

57,929

58,844

59,689

58,774

70,805

70,766

69,671

69,548

68,790

44,963

44,253

43,414

42,712

40,755

40,143

41,049

40,747

40,939

39,814

37,793

37,841

39,382

32,442

31,187

30,592

31,535

30,948

30,115

29,238

28,431

20,114

19,810

19,495

20,591

21,147

21,972

21,704

21,056

20,761

20,932

20,850

21,365

20,579

20,859

20,928

21,578

21,678

20,954

21,826

21,953

21,075

22,236

21,785

21,374

21,488

20,909

23,230

23,231

22,980

22,818

22,185

22,498

21,290

21,392

20,962

20,212

19,467

19,264

20,100

20,400

21,200

21,900

22,300

22,400

23,500

23,100

Common Stock

0
0
0
0
0
0
300
300
288
288
288
288
288
288
288
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
44
44
44
44
44
44
44
43
43
43
43
43
43
43
43
44
44
44
47
47
47
47
48
48
45
45
59
60
60
60
60
60
61
47
61
47
61

288

300

Retained Earnings

17,400
17,600
17,700
17,800
17,900
18,100
18,100
18,100
17,334
17,477
17,583
17,859
17,970
18,174
18,548
19,016
19,449
19,691
19,936
19,746
19,996
20,271
20,521
20,747
20,825
21,262
21,372
21,186
21,084
21,228
21,092
20,965
20,953
21,166
21,083
21,307
21,215
21,288
21,340
21,734
21,763
21,970
20,878
21,198
21,777
21,658
22,126
22,419
22,830
23,190
23,668
24,163
24,398
24,792
24,444
24,618
25,103
25,632
26,114
26,685
27,115
27,862
28,314
28,788
29,201
29,771
30,407
31,085
31,458
31,996
32,642
33,183
33,621
34,244
34,862
35,619
36,216
36,922
37,601
39,020
39,829
40,540
41,270
42,114
42,133
42,389
43,332
44,839
46,174
47,660
48,696
50,284
52,020
54,545
57,490
60,946
63,352
66,077
68,563
71,322
71,236
72,664
74,282
76,060

76,060

74,282

72,664

71,236

71,322

68,563

66,077

63,352

60,946

57,490

54,545

52,020

50,284

48,696

47,660

46,174

44,839

43,332

42,389

42,133

42,114

41,270

40,540

39,829

39,020

37,601

36,922

36,216

35,619

34,862

34,244

33,621

33,183

32,642

31,996

31,458

31,085

30,407

29,771

29,201

28,788

28,314

27,862

27,115

26,685

26,114

25,632

25,103

24,618

24,444

24,792

24,398

24,163

23,668

23,190

22,830

22,419

22,126

21,658

21,777

21,198

20,878

21,970

21,763

21,734

21,340

21,288

21,215

21,307

21,083

21,166

20,953

20,965

21,092

21,228

21,084

21,186

21,372

21,262

20,825

20,747

20,521

20,271

19,996

19,746

19,936

19,691

19,449

19,016

18,548

18,174

17,970

17,859

17,583

17,477

17,334

18,100

17,900

17,800

17,700

17,600

17,400

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,615
8,615
8,615
8,631
8,707
8,730
8,048
8,071
8,098
8,120
8,141
8,175
8,211
8,226
8,264
8,304
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,384
28,629
28,933
29,139
29,454
49,125
49,236
49,362
49,659
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

49,659

49,362

49,236

49,125

29,454

29,139

28,933

28,629

28,384

8,304

8,264

8,226

8,211

8,175

8,141

8,120

8,098

8,071

8,048

8,730

8,707

8,631

8,615

Treasury Stock

-1,079

-1,124

-1,169

-1,214

-1,259

-1,304

-1,349

-1,394

-1,439

-1,484

-1,529

-1,574

-1,619

-1,664

-1,709

-1,754

-4,735

-4,761

-4,828

-4,834

-6,502

-6,467

-6,277

-3,815

-3,734

-3,685

-3,551

-3,263

Other Stockholders Equity

5,700
5,900
4,700
4,500
4,000
3,100
4,000
3,900
3,654
3,656
3,657
3,011
3,012
3,017
3,029
3,233
3,233
3,273
3,236
3,299
853
696
728
723
874
895
913
951
993
1,077
1,092
1,219
1,219
1,219
1,230
1,284
1,397
1,397
1,397
1,397
1,398
1,398
1,407
1,407
1,407
1,407
2,113
2,113
2,113
2,113
2,113
2,113
2,113
2,129
2,802
2,857
2,207
2,254
2,300
2,350
2,404
2,466
2,530
2,639
2,705
2,772
2,856
26,780
26,861
26,950
27,040
27,143
27,240
27,386
25,881
26,089
26,327
26,519
26,811
26,956
27,215
27,505
27,854
28,105
28,465
48,181
48,337
48,507
48,850
48,982
49,165
49,349
49,628
49,866
50,153
50,549
50,701
50,983
51,243
51,785
51,951
52,420
52,797
52,979

52,979

52,797

52,420

51,951

51,785

51,243

50,983

50,701

50,549

50,153

49,866

49,628

49,349

49,165

48,982

48,850

48,507

48,337

48,181

28,465

28,105

27,854

27,505

27,215

26,956

26,811

26,519

26,327

26,089

25,881

27,386

27,240

27,143

27,040

26,950

26,861

26,780

2,856

2,772

2,705

2,639

2,530

2,466

2,404

2,350

2,300

2,254

2,207

2,857

2,802

2,129

2,113

1,407

1,398

1,397

1,284

1,230

1,219

1,092

1,077

993

951

913

895

874

723

728

696

853

3,299

3,236

3,273

3,233

3,029

3,017

3,012

3,011

3,657

3,656

3,654

3,900

4,000

3,100

4,000

4,500

4,700

5,900

5,700

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Accounts Payable	2,245	975	106	193	396	304	186	75	199	63	86	140	145	326,502	296,839	269,438	251,085	245,585	236,377	236,672	206,894	204,522	169,589	161,459	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-9,740	-12,172	-1,268	-2,236	-2,971	-6,042	-4,208	-3,822	-2,565	-2,119	-1,745	-1,318	-2,664	-1,939	-1,425	-3,140	-1,457	-1,770	-1,285	-340	286	156	-92	-196	-2,200	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	6,092	6,839	2,440	2,525	2,650	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	61	61	60	59	59	44	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	49,362	29,139	28,170	27,483	28,717	28,534	8,226	8,120	8,730	8,615	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	48,732	35,282	37,149	43,464	20,160	26,316	21,991	22,419	15,245	11,356	17,075	10,665	12,218	13,763	14,631	7,678	10,213	13,723	7,895	14,325	8,714	13,740	7,446	4,155	4,300	6,500	4,334	8,353
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	-205,513	205,665	227,747	171,725	131,294	203,980	193,129	164,374	114,187	99,429	98,034	119,004	12,218	13,763	14,631	7,678	10,213	13,723	7,895	14,325	8,714	13,740	7,446	4,155	4,300	6,500	4,334	8,353
Common Stock	61	61	60	45	47	44	43	43	44	44	30	30	30	30	30	30	30	29	29	29	29	29	29	288	300	0	288	1,917
Common Stock Shares Outstanding	6,033	5,939	5,223	4,608	4,464	4,266	4,190	4,190	4,191	4,200	4,169	4,145	4,177	4,100	4,093	4,093	4,107	4,130	4,005	4,060	4,061	4,329	4,257	4,187	4,379	4,706	7,104	6,983
Common Stock Total Equity	0	0	0	0	47	44	43	43	44	44	30	30	30	30	30	30	30	29	29	29	29	29	0	0	0	0	0	0
Current Deferred Revenue	-2,245	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	53	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	286,622	254,215	253,472	215,301	151,284	136,936	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,367	4,367	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	0	2,658	0	0	0	0
Intangible Assets	85	101	117	133	149	165	182	198	214	175	187	3,840	3,840	3,840	3,840	3,840	3,840	4,021	4,244	4,467	4,690	4,913	2,342	2,700	0	0	0	0
Inventory	-683,005	837,722	-41,669	-48,013	-23,960	1,173	468	597	517	261	619	426	536	375	181	335	865	471	743	2,957	3,722	5,013	5,903	1,624	0	0	0	0
Liabilities And Stockholders Equity	1,471,259	1,400,505	1,285,523	1,227,709	1,184,476	933,115	881,257	749,034	623,254	561,024	503,793	477,796	442,980	408,545	371,849	352,760	320,691	301,382	296,948	302,037	277,940	279,056	244,366	231,847	216,300	203,400	196,770	189,937
Long Term Debt	79,833	85,397	94,161	117,430	83,115	94,628	58,347	32,025	14,991	14,155	22,008	31,119	31,229	33,155	29,155	34,155	18,555	20,165	34,515	39,515	43,860	38,160	29,222	14,223	0	0	0	0
Long Term Debt Total	0	0	0	0	15,128	15,094	15,059	15,025	14,991	5,155	22,008	31,119	31,229	33,155	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	441,208	387,990	352,198	301,335	234,656	232,025	237,334	196,600	145,663	132,402	34,912	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	162,873	117,287	71,952	80,511	90,743	107,312	66,956	51,553	41,046	59,899	28,933	29,454	19,011	32,392	26,524	49,452	33,352	17,792	28,620	26,190	37,246	34,120	41,995	43,074	38,600	12,200	14,338	-257
Net Invested Capital	325,008	256,727	216,948	218,892	198,675	197,849	150,758	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	7,286	6,168	4,520	4,549	3,712	3,068	3,047	2,532	2,053	1,849	1,715	1,717	1,685	1,709	1,482	1,678	1,673	1,694	1,678	1,505	1,274	1,334	1,465	1,679	1,400	1,200	1,443	1,466
Net Tangible Assets	0	102,661	101,655	89,792	85,737	59,520	57,093	53,195	53,055	51,248	25,516	23,907	34,001	20,527	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-605,926	1,033,935	219,661	172,061	109,472	636,462	592,302	490,501	435,432	359,171	348,138	346,369	327,903	296,946	0	251,757	225,634	0	208,445	213,921	206,941	0	0	0	0	0	0	0
Non Current Assets Total	1,412,048	28,820	380,646	330,508	264,426	257,349	258,169	216,511	162,823	146,690	131,569	122,287	114,932	98,599	83,767	83,428	76,657	74,258	86,503	87,116	68,899	73,041	60,693	71,027	74,300	61,200	8,092	8,005
Non Current Liabilities Other	0	0	0	0	0	0	0	0	0	0	4,489	4,985	7,636	5,296	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	685,866	1,228,006	96,601	119,955	85,765	94,628	58,347	32,025	31,491	16,155	22,008	31,119	31,229	33,155	342,611	39,555	25,165	31,515	34,515	39,515	43,860	47,860	49,441	47,230	42,900	18,700	18,672	8,096
Non Currrent Assets Other	1,325,755	-397,987	-5,489	-6,005	-4,167	662,635	426,912	365,617	344,191	313,056	-131,569	-122,287	-114,932	-98,599	-83,767	3,840	3,840	4,021	4,244	4,467	4,690	4,913	-60,693	-71,027	-74,300	-61,200	-8,092	-8,005
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	1,640,939	277,417	672,610	720,927	785,044	1,190,464	1,139,426	965,545	786,077	707,714	635,362	600,083	557,912	507,144	157	436,188	397,348	375,640	383,451	389,153	346,839	352,097	174,762	154,986	136,300	134,500	182,901	172,113
Other Current Assets	59,211	44,713	41,669	48,013	23,960	468,718	426,912	365,617	344,191	313,056	272,475	234,788	314,145	294,474	271,812	259,976	232,148	211,707	200,872	199,091	199,053	190,940	0	0	0	0	0	0
Other Current Liab	516,442	-975	-12,606	-4,213	-25,534	814,496	773,601	610,983	490,315	415,568	410,140	391,805	-145	326,502	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liab	0	0	9,395	9,004	9,276	7,664	6,377	5,643	5,193	4,997	4,575	5,125	7,781	5,296	4,460	6,697	4,337	3,432	3,128	3,024	3,301	3,444	3,152	2,196	0	0	0	0
Other Stockholder Equity	53,114	51,785	50,549	49,349	48,507	28,105	26,956	26,089	27,143	26,780	2,639	2,350	2,857	2,113	2,113	1,407	1,397	1,284	1,219	951	723	3,299	3,233	3,011	3,900	4,500	6,139	3,686
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	13,000	13,000	13,000	13,000	13,000	6,225	6,101	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	47,691	46,437	44,979	0	25,085	20,623	16,117	15,177	14,834	13,200	11,644	10,108	10,697	9,432	7,173	7,450	7,807	7,597	8,020	7,580	6,650	5,622	0	0	0	0	0	0
Property Plant And Equipment Net	24,040	24,183	23,795	24,504	25,085	20,623	16,117	15,177	14,834	13,200	11,644	10,108	10,697	9,432	7,173	7,450	7,807	7,597	8,020	7,580	6,650	5,622	4,929	4,612	4,900	4,500	4,487	4,084
Property Plant Equipment	0	0	23,795	24,504	25,085	20,623	16,117	15,177	14,834	13,200	11,644	10,108	10,697	9,432	7,173	7,450	7,807	7,597	8,020	7,580	6,650	5,622	4,929	4,612	0	0	0	0
Retained Earnings	76,060	71,322	60,946	50,284	44,839	42,114	39,020	35,619	33,183	31,085	28,788	26,685	24,618	24,163	22,419	21,198	21,734	21,307	20,965	21,186	20,747	19,746	19,016	17,859	18,100	17,800	17,156	15,788
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0	0	28,788	26,685	24,618	24,163	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	125,680	60,333	12,500	4,020	25,138	39,000	30,600	41,947	56,318	71,337	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	211,605	152,569	109,101	123,975	110,903	133,628	88,947	73,972	56,291	71,255	46,008	40,119	31,229	46,155	41,155	57,130	43,565	31,515	36,515	40,515	45,960	47,860	49,441	47,230	42,900	18,700	18,672	8,096
Short Term Debt	148,695	60,333	12,500	4,020	25,138	39,000	30,600	41,947	24,800	55,100	24,000	9,000	0	13,000	0	17,575	18,400	0	2,000	1,000	2,100	0	0	0	0	0	0	0
Short Term Investments	258,716	191,726	190,598	128,261	111,134	177,664	171,138	141,955	98,942	88,073	80,959	108,339	100,395	85,327	5,953	313	305	6,655	586	7,584	2,911	6,714	2,161	186	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1,471,259	1,400,505	1,285,523	1,227,709	1,184,476	933,115	881,257	749,034	623,254	561,024	503,793	477,796	442,980	408,545	371,849	352,760	320,691	301,382	296,948	302,037	277,940	279,056	244,366	231,847	216,300	203,400	196,770	189,937
Total Current Assets	59,211	1,094,268	232,267	176,274	135,006	675,766	623,088	532,523	460,431	414,334	372,224	355,509	328,048	309,946	287,925	269,332	244,034	227,124	210,445	214,921	209,041	206,015	8,911	5,834	5,700	7,700	5,777	9,819
Total Current Liabilities	665,137	60,333	12,606	4,213	25,534	39,304	30,786	42,022	24,999	55,163	24,086	9,140	145	13,000	0	17,575	18,400	0	2,000	1,000	2,100	0	0	0	0	0	0	0
Total Liab	1,351,003	1,288,924	1,174,890	1,129,987	1,093,807	868,656	819,534	691,105	552,449	492,234	461,081	437,049	405,139	377,953	342,611	333,265	298,987	280,532	276,020	280,211	256,155	255,826	49,441	47,230	42,900	18,700	18,672	8,096
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	119,495	110,996	110,287	97,456	90,434	64,221	61,723	57,929	70,805	68,790	42,712	40,747	37,841	30,592	29,238	19,495	21,704	20,850	20,928	21,826	21,785	23,230	22,185	20,962	20,100	22,300	23,583	21,390
Treasury Stock	0	0	0	0	0	0	-1,214	-1,394	-1,574	-1,754	-4,761	-4,834	-4,834	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-3,815	-3,685	-3,551	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	358	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31
Accounts Payable	2,245	1,731	1,559	1,520	975	494	186	122	106	145	145	192	193	188	276	407	396	468	446	471	304	326	15,076	218	186	178	106	96	75	76	39	66	199	50	60	74	63	73	67	98	86	72	68	142	140	129	124	149	145	343,054	344,349	340,759	326,502	327,927	315,647	314,596	296,839	292,618	280,906	293,030	269,438	264,753	266,829	271,376	251,085	255,919	254,825	260,461	245,585	237,921	232,071	237,676	236,377	240,852	237,239	244,980	236,672	236,731	233,853	230,951	206,894	212,095	204,523	211,445	204,522	179,819	177,346	173,783	169,589	167,467	169,276	165,060	161,459	161,792	156,546	154,393	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-9,605	-13,356	-11,370	-11,534	-12,172	-12,565	-9,399	-5,058	-1,268	-1,391	-1,235	-1,768	-2,236	-3,444	-4,387	-7,077	-2,971	-2,766	-3,024	-4,462	-6,042	-5,848	-5,471	-5,012	-4,208	-2,551	-2,420	-3,207	-3,822	-1,942	-1,985	-2,131	-2,565	-1,960	-2,319	-1,815	-2,119	-1,330	-1,320	-1,522	-1,745	-3,119	-3,215	-1,500	-1,318	-505	-1,102	-2,547	-2,664	-894	-799	-1,611	-1,939	-469	-547	-989	-1,425	-1,909	-2,981	-3,404	-3,140	-1,724	-2,251	-1,219	-1,457	-1,711	-1,954	-1,710	-1,770	-977	-1,835	-1,342	-1,285	-635	-656	-1,152	-340	-361	-1,111	508	286	97	492	31	156	30	-13	107	-92	633	-189	122	-196	-1,316	-1,955	-2,013	-2,200	-2,000	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	6,092	6,130	6,754	6,796	6,839	2,348	2,379	2,409	2,440	2,469	2,467	2,495	2,525	2,554	2,587	2,618	2,650	2,681	2,711	2,711	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	61	61	61	61	61	60	60	60	60	60	59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	49,659	49,362	49,236	49,125	29,454	29,139	28,933	28,629	28,384	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,304	8,264	8,226	8,211	8,175	8,141	8,120	8,098	8,071	8,048	8,730	8,707	8,631	8,615	8,615	8,615	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	48,732	12,822	36,815	15,178	35,282	44,454	38,287	37,184	37,149	75,240	41,154	51,968	43,464	38,981	45,123	57,579	20,160	39,773	50,342	24,816	26,316	35,974	36,740	18,279	21,991	61,218	15,324	36,619	22,419	23,663	25,096	25,655	15,245	17,374	17,410	23,053	11,356	25,482	10,676	19,433	17,075	13,294	11,528	15,218	10,665	16,074	12,139	9,118	12,218	15,788	12,784	12,112	13,763	20,477	9,275	21,402	14,631	24,279	8,225	16,730	7,678	11,677	10,691	15,047	10,213	10,809	7,388	16,309	13,723	8,804	7,703	7,566	7,895	8,763	10,289	7,440	14,325	16,429	14,509	16,382	8,714	8,591	7,178	15,385	13,740	12,838	17,176	7,530	7,446	5,565	8,742	4,484	4,155	3,266	4,132	3,514	4,300	3,200	3,200	5,200	6,500	4,700	5,800	3,500
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	403,411	376,455	369,870	368,437	205,665	235,960	241,454	235,314	204,454	250,763	198,713	211,048	171,725	158,877	161,254	179,037	131,294	159,775	167,872	180,118	203,980	224,927	220,770	177,078	193,129	200,837	154,605	186,041	164,374	161,380	141,491	150,984	114,187	115,381	119,771	137,668	99,429	119,617	109,796	103,096	98,034	96,202	130,793	141,173	119,004	16,074	12,139	9,118	12,218	15,788	12,784	12,112	13,763	20,477	9,275	21,402	14,631	24,279	8,225	16,730	7,678	11,677	10,691	15,047	10,213	10,809	7,388	16,309	13,723	8,804	7,703	7,566	7,895	8,763	10,289	7,440	14,325	16,429	14,509	16,382	8,714	8,591	7,178	15,385	13,740	12,838	17,176	7,530	7,446	5,565	8,742	4,484	4,155	3,266	4,132	3,514	4,300	3,200	3,200	5,200	6,500	4,700	5,800	3,500
Common Stock	61	47	61	47	61	60	60	60	60	60	59	45	45	48	48	47	47	47	47	44	44	44	43	43	43	43	43	43	43	43	44	44	44	44	44	44	44	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	288	288	288	288	288	288	288	300	300	0	0	0	0	0	0
Common Stock Shares Outstanding	6,073	6,051	6,019	5,989	5,965	4,564	4,549	4,536	4,518	4,488	4,464	4,442	4,531	4,650	4,639	4,607	4,586	4,579	4,443	4,308	4,292	4,278	4,256	4,236	4,223	4,198	4,183	4,153	4,128	4,180	4,234	4,218	4,210	4,197	4,187	4,170	4,160	4,221	4,215	4,203	4,184	4,183	4,169	4,138	4,158	4,146	4,128	4,149	4,107	4,195	4,178	4,159	4,093	4,093	4,093	4,093	4,058	4,096	4,093	4,093	4,060	4,060	4,118	4,207	4,200	4,200	3,906	3,883	4,000	4,000	4,159	3,953	3,822	3,822	4,283	4,091	3,953	3,953	4,094	4,093	3,915	3,918	4,052	4,060	4,060	5,224	4,235	4,319	4,292	4,292	4,189	4,285	4,239	4,239	4,129	4,242	4,118	4,706	4,492	4,492	4,118	4,118	5,491	4,706
Common Stock Total Equity	0	0	0	0	0	0	0	0	0	0	59	45	0	48	48	47	47	47	47	44	44	44	43	43	43	43	43	43	43	43	44	44	44	44	44	44	44	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	29	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Deferred Revenue	-2,245	0	0	0	0	0	-193,013	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	53	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	255,823	286,622	258,485	228,900	254,874	254,215	244,603	243,018	235,967	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,536	4,367	4,367	4,367	4,367	4,367	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,841	3,840	3,840	3,840	0	0	0	0	0	0	0	2,658	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	85	88	92	96	101	104	108	112	117	121	125	129	133	137	141	145	149	153	157	161	165	169	173	178	182	186	190	194	198	202	206	210	214	218	222	226	175	178	181	184	187	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,840	3,855	3,910	3,965	4,021	4,078	4,133	4,189	4,244	4,301	4,356	4,411	4,467	4,523	4,578	4,634	4,690	4,746	4,801	4,857	4,913	2,342	2,184	2,263	2,342	0	0	0	2,700	0	0	0	0	0	0	0	0	0	0	0
Inventory	-410,697	-921,249	-52,424	-939,119	837,722	-49,847	221	0	0	0	0	0	0	0	26	58	88	148	591	623	1,173	268	97	108	468	671	678	694	597	655	506	659	517	472	361	465	261	440	770	699	619	301	429	372	426	429	419	556	536	562	945	617	375	355	59	141	181	417	251	380	335	253	655	815	865	310	449	365	471	497	887	887	743	935	878	850	2,957	1,482	970	2,505	3,722	4,556	7,228	4,697	5,013	4,870	3,470	6,581	5,903	3,541	2,780	1,764	1,624	1,572	1,835	1,884	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	1,471,259	1,400,649	1,393,000	1,403,717	1,400,505	1,397,440	1,363,492	1,328,806	1,285,523	1,262,198	1,259,691	1,307,156	1,227,443	1,202,009	1,167,024	1,107,643	1,093,807	1,056,120	1,012,856	975,072	933,115	921,615	903,482	891,137	881,257	874,604	811,221	802,345	749,034	717,130	670,971	665,326	623,254	607,198	600,325	606,775	561,024	570,034	544,529	525,846	503,793	492,507	494,367	504,964	477,796	479,363	474,914	468,130	442,980	420,446	418,532	412,444	408,545	405,786	396,332	386,742	371,692	364,982	347,224	361,580	352,760	352,788	346,304	337,145	320,691	313,841	304,556	317,219	301,382	298,003	296,953	303,754	296,948	303,076	310,471	308,616	302,037	303,029	299,932	302,316	277,940	287,478	283,128	282,638	279,056	258,184	257,966	249,735	244,366	237,786	235,422	233,082	231,847	228,015	221,377	212,828	216,300	219,500	213,600	202,100	203,400	191,600	198,100	196,200
Long Term Debt	79,833	83,782	89,736	85,446	85,397	83,810	89,667	89,625	94,161	96,576	111,216	121,923	117,430	85,360	80,384	98,435	83,115	76,133	75,545	15,102	63,401	92,721	72,579	58,356	58,347	55,811	58,202	47,133	32,025	32,016	28,508	31,499	31,491	19,155	19,155	16,155	16,155	22,176	21,953	21,981	22,008	22,036	22,063	31,091	31,119	31,146	30,174	30,201	31,229	31,256	30,155	32,155	33,155	40,155	38,155	38,155	41,155	38,155	40,555	41,555	37,155	40,555	45,555	31,465	25,165	24,165	22,165	32,320	31,515	32,515	33,515	33,515	36,515	35,515	37,515	37,515	40,515	40,515	39,415	43,015	45,960	44,860	5,000	5,000	47,860	5,000	5,000	0	29,222	0	0	0	14,223	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	15,136	15,128	15,119	15,111	15,102	15,094	15,085	15,076	15,068	0	0	0	0	0	0	0	0	0	0	0	0	0	0	21,953	21,981	22,008	22,036	22,063	31,091	31,119	31,146	30,174	30,201	31,229	31,256	30,155	32,155	33,155	40,155	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	441,208	395,450	383,678	390,327	387,990	388,639	385,376	367,357	352,198	337,926	322,124	326,777	301,335	286,038	258,993	242,347	234,656	234,865	213,364	234,657	237,962	219,765	215,606	226,684	241,189	209,733	210,924	720,687	199,850	0	0	0	145,663	0	0	0	132,402	0	43,274	43,490	34,912	33,995	1,500	2,000	2,000	2,000	2,000	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	162,873	97,791	129,211	84,027	117,287	53,204	69,459	57,350	71,952	23,805	74,529	76,470	80,511	58,953	48,006	51,612	90,743	57,279	56,914	70,431	107,312	58,747	696,429	60,677	66,956	28,629	84,414	31,435	51,553	73,453	53,362	35,344	41,046	17,006	49,745	25,102	59,899	10,694	36,277	19,548	28,933	32,742	38,395	15,873	29,454	-10,919	-6,984	21,083	19,011	17,468	24,477	24,043	32,392	19,678	36,116	16,753	26,524	14,876	33,330	25,825	49,452	50,633	42,834	24,418	33,352	22,356	18,177	16,011	17,792	27,011	33,712	35,049	28,620	28,752	38,126	32,075	26,190	24,086	27,006	29,733	37,246	41,469	45,982	31,475	34,120	33,806	32,264	42,540	41,995	39,207	33,334	39,725	43,074	40,900	40,178	34,570	38,600	40,100	30,300	16,800	12,200	5,900	9,200	13,200
Net Invested Capital	325,008	254,250	273,047	240,682	256,727	202,611	213,088	201,180	216,948	202,888	216,451	225,868	218,892	189,845	182,845	194,567	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	7,286	886,950	6,145	897,910	6,168	5,172	4,812	4,740	4,520	4,599	4,539	4,718	4,549	4,906	4,973	3,700	3,712	3,313	3,339	3,364	3,068	2,915	2,725	3,000	3,047	2,638	2,679	2,711	2,532	2,316	2,069	2,238	2,053	2,082	1,966	2,064	1,849	1,865	1,775	1,813	1,715	1,806	1,799	1,912	1,717	1,921	1,791	1,969	1,685	1,619	1,640	1,751	1,709	1,707	1,663	1,588	1,482	1,465	1,518	1,561	1,678	1,637	1,722	1,631	1,673	1,625	1,759	1,732	1,694	1,636	1,650	1,642	1,678	1,644	1,683	1,595	1,505	1,505	1,491	1,436	1,274	1,393	1,319	1,469	1,334	1,468	1,216	1,353	1,465	1,628	1,575	1,676	1,679	1,697	1,483	1,486	1,400	1,400	1,100	1,300	1,200	1,300	1,400	1,400
Net Tangible Assets	0	0	109,147	107,068	102,661	103,077	104,407	104,407	101,655	98,574	95,260	95,260	89,792	89,792	87,626	83,313	85,737	84,261	82,900	61,483	59,520	58,615	57,908	57,361	57,093	57,182	56,338	54,649	53,195	0	0	0	53,055	0	0	0	51,248	0	26,705	25,863	25,516	23,915	23,303	24,209	23,907	37,099	35,966	33,953	34,001	35,542	22,312	21,090	20,527	21,502	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-605,926	319,757	300,334	324,901	1,033,935	229,138	1,060,070	237,432	1,011,478	895,357	906,394	947,104	892,722	876,011	868,297	827,417	803,847	773,027	740,648	698,246	636,462	681,588	644,008	625,536	592,302	613,782	542,597	555,317	490,501	449,722	442,839	446,348	435,432	431,537	388,015	396,747	359,171	401,859	360,724	365,712	348,138	339,009	333,154	364,859	346,369	341,885	336,872	326,088	327,903	317,944	306,740	305,127	296,946	-17,976	283,761	0	0	287,346	267,854	274,858	251,757	244,629	247,838	241,488	225,634	227,767	220,036	0	0	213,965	204,870	202,998	208,445	204,254	199,743	204,670	213,921	0	210,736	211,919	206,941	204,207	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Assets Total	1,412,048	30,521	30,977	30,942	28,820	417,293	414,055	396,017	6,789	366,696	351,152	355,840	330,508	315,790	288,293	271,681	264,426	264,387	242,762	263,355	257,349	237,701	232,619	244,783	258,169	226,608	226,982	226,011	216,511	202,232	178,143	189,412	162,823	160,386	164,250	177,954	146,690	154,102	158,738	143,036	131,569	129,426	133,285	139,963	122,287	128,349	137,910	141,893	114,932	100,502	104,686	103,317	98,599	95,835	105,335	91,543	83,767	76,636	78,370	85,722	83,428	86,404	90,496	87,657	76,657	77,074	81,120	85,843	74,258	80,738	84,183	91,656	86,503	96,822	99,828	101,946	87,116	86,708	87,096	87,297	68,899	78,070	77,877	72,189	73,041	60,567	58,059	57,912	60,693	65,728	66,618	71,163	71,027	72,491	72,295	70,825	74,300	77,300	72,000	61,000	61,200	52,300	54,500	59,300
Non Current Liabilities Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,698	4,613	4,489	4,345	3,854	4,297	4,985	4,311	5,139	4,722	7,636	4,754	4,480	4,343	5,296	6,169	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	685,866	1,229,509	1,208,381	1,248,372	1,228,006	11,994	92,046	92,034	1,162,044	99,045	113,683	124,418	119,955	87,914	82,971	101,053	85,765	78,814	78,256	82,247	94,628	92,721	72,579	58,356	58,347	55,811	58,202	47,133	32,025	32,016	28,508	31,499	31,491	19,155	19,155	16,155	16,155	22,176	21,953	21,981	22,008	22,036	22,063	31,091	31,119	31,146	30,174	30,201	31,229	31,256	30,155	32,155	33,155	40,155	38,155	38,155	41,155	38,155	40,555	41,555	39,555	40,555	45,555	31,465	25,165	24,165	22,165	32,320	31,515	32,515	33,515	33,515	34,515	35,515	37,515	37,515	39,515	40,515	39,415	43,015	43,860	44,860	53,160	46,860	47,860	46,644	49,441	50,071	49,441	44,773	42,076	44,209	47,230	44,167	44,311	38,084	42,900	43,300	33,500	22,000	18,700	10,600	15,000	16,700
Non Currrent Assets Other	1,325,755	-395,450	-381,325	-390,327	-397,987	-417,293	41,330	0	-373,857	0	0	-355,840	-296,666	-311,117	62,391	46,035	47,781	53,800	727,506	699,666	662,635	669,863	658,810	466,276	426,912	444,521	426,955	387,582	365,617	351,202	349,268	322,692	344,191	329,349	314,338	289,089	313,056	-154,102	-158,738	-143,036	-131,569	-129,426	-133,285	-139,963	-122,287	-128,349	-137,910	-141,893	-114,932	-100,502	-104,686	-103,317	-98,599	-95,835	-105,335	-91,543	-83,767	-76,636	-78,370	-85,722	3,840	3,840	3,840	3,840	3,840	3,855	3,910	3,965	4,021	4,078	4,133	4,189	4,244	4,301	4,356	4,411	4,467	4,523	4,578	4,634	4,690	4,746	4,801	4,857	4,913	-60,567	-58,059	-57,912	-60,693	-65,728	-66,618	-71,163	-71,027	-72,491	-72,295	-70,825	-74,300	-77,300	-72,000	-61,000	-61,200	-52,300	-54,500	-59,300
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	395	388	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	1,465,798	993,673	992,153	1,004,338	277,417	739,015	-126,519	692,735	254,756	1,628,894	1,610,843	1,662,996	1,557,951	1,517,799	1,455,317	1,379,324	1,358,233	1,320,507	1,255,618	1,238,427	1,190,464	1,159,316	1,136,101	1,135,920	1,139,426	1,101,212	1,038,203	1,028,356	965,545	919,362	849,114	854,738	786,077	767,584	764,575	784,729	707,714	724,136	703,267	668,882	635,362	621,933	627,652	644,927	600,083	607,712	8	610,023	557,912	520,948	523,218	515,761	507,144	501,621	501,667	478,285	455,459	441,618	425,594	447,302	436,188	439,192	436,800	424,802	397,348	390,915	385,676	403,062	375,640	378,741	381,136	395,410	383,451	399,898	410,299	410,562	389,153	389,737	387,028	389,613	346,839	365,548	361,005	354,827	352,097	183,311	181,515	182,940	174,762	164,865	158,487	155,758	154,986	150,560	143,467	137,004	136,300	137,600	137,300	134,600	134,500	133,300	136,400	132,000
Other Current Assets	59,211	34,299	46,279	41,209	44,713	49,847	829,690	7,019	6,633	640,140	705,287	735,550	720,661	722,436	712,504	653,225	694,375	628,645	598,883	528,235	468,718	456,072	447,368	466,276	426,912	444,521	426,955	387,582	365,617	351,202	349,268	322,692	344,191	329,349	314,338	289,089	313,056	294,450	274,220	277,901	272,475	265,073	228,490	221,916	234,788	333,019	323,066	315,150	314,145	302,537	299,422	295,264	294,474	287,767	280,059	272,209	271,812	262,602	259,111	257,567	259,976	253,070	243,395	232,810	232,148	224,333	214,289	213,335	211,707	206,825	203,417	202,890	200,872	195,847	198,671	197,635	199,091	198,387	196,836	197,201	199,053	199,423	196,753	193,595	190,940	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	516,442	-1,731	-1,559	-1,520	-975	-11,994	193,013	0	-106	-145	0	0	4,020	-188	0	0	0	0	0	0	0	0	-721,390	743,805	723,603	716,427	643,843	669,532	610,983	0	0	0	490,315	0	0	0	415,568	0	448,163	438,352	410,140	401,299	400,379	-142	391,805	393,838	-124	-149	-145	343,054	344,349	340,759	326,502	327,927	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liab	0	0	9,232	10,348	0	9,813	8,580	9,638	9,395	9,549	8,069	8,780	9,004	10,215	9,679	9,099	9,276	9,109	8,563	7,388	7,664	6,801	8,010	5,938	6,563	5,941	6,109	4,921	5,718	5,615	6,322	6,195	5,419	5,296	5,521	5,444	4,997	5,460	4,765	4,711	4,575	4,417	3,922	4,439	5,125	4,440	5,263	4,871	7,781	4,754	4,480	4,343	5,296	6,169	4,346	3,876	4,460	4,778	4,649	6,185	6,697	5,134	4,803	4,332	4,337	3,701	3,405	3,506	3,432	2,902	2,888	2,604	3,128	3,131	3,139	3,167	3,024	3,830	3,489	3,014	3,301	3,949	3,957	3,424	3,444	3,490	3,199	3,063	3,152	3,049	2,780	2,421	2,196	1,844	1,053	1,087	0	0	0	0	0	0	0	0
Other Stockholder Equity	52,979	52,797	52,420	51,951	51,785	51,243	50,983	50,701	50,549	50,153	49,866	49,628	49,349	49,165	48,982	48,850	48,507	48,337	48,181	28,465	28,105	27,854	27,505	27,215	26,956	26,811	26,519	26,327	26,089	25,881	27,386	27,240	27,143	27,040	26,950	26,861	26,780	2,856	2,772	2,705	2,639	2,530	2,466	2,404	2,350	2,300	2,254	2,207	2,857	2,802	2,129	2,113	2,113	2,113	2,113	2,113	2,113	2,113	1,407	1,407	1,407	1,407	1,398	1,398	1,397	1,397	1,397	1,397	1,284	1,230	1,219	1,219	1,219	1,092	1,077	993	951	913	895	874	723	728	696	853	3,299	3,236	3,273	3,233	3,233	3,029	3,017	3,012	3,011	3,657	3,656	3,654	3,900	4,000	3,100	4,000	4,500	4,700	5,900	5,700
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	13,000	6,290	6,257	6,225	6,193	6,162	6,131	6,101	6,071	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	47,691	24,158	23,996	23,925	46,437	24,014	0	0	0	0	24,367	24,398	0	25,079	24,623	24,653	25,085	24,833	24,705	24,001	20,623	17,418	16,692	16,790	16,117	16,051	15,782	15,724	15,177	15,020	14,880	14,914	14,834	14,091	13,238	13,299	13,200	12,945	12,296	11,832	11,644	10,183	10,180	10,168	10,108	10,197	10,342	10,541	10,697	10,659	10,532	10,206	9,432	7,831	7,665	7,631	7,173	7,237	7,307	7,315	7,450	7,484	7,543	7,641	7,807	7,607	7,585	7,543	7,597	7,602	7,721	7,951	8,020	8,011	8,025	7,699	7,580	7,196	7,238	6,584	6,650	6,449	6,124	5,656	5,622	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Net	24,040	25,897	23,996	26,310	24,183	24,014	24,035	24,012	23,795	24,113	24,367	24,398	24,504	25,079	24,623	24,653	25,085	24,833	24,705	24,001	20,623	17,418	16,692	16,790	16,117	16,051	15,782	15,724	15,177	15,020	14,880	14,914	14,834	14,091	13,238	13,299	13,200	12,945	12,296	11,832	11,644	10,183	10,180	10,168	10,108	10,197	10,342	10,541	10,697	10,659	10,532	10,206	9,432	7,831	7,665	7,631	7,173	7,237	7,307	7,315	7,450	7,484	7,543	7,641	7,807	7,607	7,585	7,543	7,597	7,602	7,721	7,951	8,020	8,011	8,025	7,699	7,580	7,196	7,238	6,584	6,650	6,449	6,124	5,656	5,622	5,239	5,174	5,083	4,929	4,561	4,530	4,530	4,612	4,792	4,838	4,826	4,900	4,500	4,500	4,600	4,500	4,400	4,100	3,900
Property Plant Equipment	0	0	23,996	23,925	0	24,014	24,035	24,012	23,795	24,113	24,367	24,398	24,504	25,079	24,623	24,653	25,085	24,833	24,705	24,001	20,623	17,418	16,692	16,790	16,117	16,051	15,782	15,724	15,177	15,020	14,880	14,914	14,834	14,091	13,238	13,299	13,200	12,945	12,296	11,832	11,644	10,183	10,180	10,168	10,108	10,197	10,342	10,541	10,697	10,659	10,532	10,206	9,432	7,831	7,665	7,631	7,173	7,237	7,307	7,315	7,450	7,484	7,543	7,641	7,807	7,607	7,585	7,543	7,597	7,602	7,721	7,951	8,020	8,011	8,025	7,699	7,580	7,196	7,238	6,584	6,650	6,449	6,124	5,656	5,622	5,239	5,174	5,083	4,929	4,561	4,530	4,530	4,612	4,792	4,838	4,826	0	0	0	0	0	0	0	0
Retained Earnings	76,060	74,282	72,664	71,236	71,322	68,563	66,077	63,352	60,946	57,490	54,545	52,020	50,284	48,696	47,660	46,174	44,839	43,332	42,389	42,133	42,114	41,270	40,540	39,829	39,020	37,601	36,922	36,216	35,619	34,862	34,244	33,621	33,183	32,642	31,996	31,458	31,085	30,407	29,771	29,201	28,788	28,314	27,862	27,115	26,685	26,114	25,632	25,103	24,618	24,444	24,792	24,398	24,163	23,668	23,190	22,830	22,419	22,126	21,658	21,777	21,198	20,878	21,970	21,763	21,734	21,340	21,288	21,215	21,307	21,083	21,166	20,953	20,965	21,092	21,228	21,084	21,186	21,372	21,262	20,825	20,747	20,521	20,271	19,996	19,746	19,936	19,691	19,449	19,016	18,548	18,174	17,970	17,859	17,583	17,477	17,334	18,100	18,100	18,100	17,900	17,800	17,700	17,600	17,400
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,771	29,201	28,788	28,314	27,862	27,115	26,685	26,114	25,632	25,103	24,618	24,444	24,792	24,398	24,163	23,668	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	125,680	56,698	69,536	43,536	60,333	11,500	15,700	2,500	12,500	0	2,000	4,020	4,020	10,020	10,158	8,138	25,138	18,238	29,000	13,000	31,227	0	99,179	78,956	2,000	89,847	99,738	20,921	73,972	0	0	0	56,318	0	0	0	71,337	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	211,605	110,613	166,026	99,205	152,569	97,658	107,746	94,534	109,101	99,045	115,683	128,438	123,975	97,934	93,129	109,191	110,903	97,052	107,256	95,247	133,628	94,721	733,169	78,956	88,947	89,847	99,738	68,054	73,972	97,116	78,458	60,999	56,291	34,380	67,155	48,155	71,255	36,176	46,953	38,981	46,008	46,036	49,923	31,091	40,119	5,155	5,155	30,201	31,229	33,256	37,261	36,155	46,155	40,155	45,391	38,155	41,155	39,155	41,555	42,555	57,130	62,310	53,525	39,465	43,565	33,165	25,565	32,320	31,515	35,815	41,415	42,615	36,515	37,515	48,415	39,515	40,515	40,515	41,515	46,115	45,960	50,060	53,160	46,860	47,860	46,644	49,441	50,071	49,441	44,773	42,076	44,209	47,230	44,167	44,311	38,084	42,900	43,300	33,500	22,000	18,700	10,600	15,000	16,700
Short Term Debt	148,695	56,698	69,536	43,536	60,333	11,500	15,700	2,500	12,500	0	2,000	4,020	4,020	10,020	10,158	8,138	25,138	18,238	29,000	13,000	39,000	2,000	733,169	20,600	30,600	34,036	41,536	20,921	41,947	65,100	49,950	29,500	24,800	15,225	48,000	32,000	55,100	14,000	25,000	17,000	24,000	24,000	27,860	0	9,000	9,000	0	0	0	2,000	7,106	4,000	13,000	0	7,236	0	0	1,000	1,000	1,000	17,575	21,755	7,970	8,000	18,400	9,000	3,400	0	0	3,300	7,900	9,100	2,000	2,000	10,900	2,000	1,000	0	2,100	3,100	2,100	5,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Term Investments	258,716	376,455	185,822	368,437	191,726	191,506	203,167	198,130	190,598	175,523	157,559	159,080	128,261	119,896	116,131	121,458	111,134	120,002	117,530	155,302	177,664	188,953	184,030	158,799	171,138	139,619	139,281	149,422	141,955	137,717	116,395	125,329	98,942	98,007	102,361	114,615	88,073	94,135	99,120	83,663	80,959	82,908	119,265	125,955	108,339	114,312	123,728	127,512	100,395	86,003	90,314	89,271	85,327	84,164	0	0	5,953	0	0	0	313	0	0	0	305	0	0	0	6,655	0	0	0	586	0	0	0	7,584	0	0	0	2,911	0	0	0	6,714	0	0	0	2,161	0	0	0	186	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1,471,259	1,400,649	1,393,000	1,403,717	1,400,505	1,397,440	1,363,492	1,328,806	1,285,523	1,262,198	1,259,691	1,307,156	1,227,443	1,202,009	1,167,024	1,107,643	1,093,807	1,056,120	1,012,856	975,072	933,115	921,615	903,482	891,137	881,257	874,604	811,221	802,345	749,034	717,130	670,971	665,326	623,254	607,198	600,325	606,775	561,024	570,034	544,529	525,846	503,793	492,507	494,367	504,964	477,796	479,363	474,914	468,130	442,980	420,446	418,532	412,444	408,545	405,786	396,332	386,742	371,692	364,982	347,224	361,580	352,760	352,788	346,304	337,145	320,691	313,841	304,556	317,219	301,382	298,003	296,953	303,754	296,948	303,076	310,471	308,616	302,037	303,029	299,932	302,316	277,940	287,478	283,128	282,638	279,056	258,184	257,966	249,735	244,366	237,786	235,422	233,082	231,847	228,015	221,377	212,828	216,300	219,500	213,600	202,100	203,400	191,600	198,100	196,200
Total Current Assets	59,211	376,455	369,870	368,437	1,094,268	241,132	1,075,956	240,054	1,023,978	895,502	908,539	951,316	896,935	886,219	878,731	835,962	829,381	791,733	770,094	711,717	675,766	683,914	670,863	646,354	623,088	647,996	584,239	576,334	532,523	514,898	492,828	475,914	460,431	446,812	436,075	428,821	414,334	415,932	385,791	382,810	372,224	363,081	361,082	365,001	355,509	351,014	336,996	326,237	328,048	319,944	313,846	309,127	309,946	309,951	290,997	295,199	287,925	288,346	268,854	275,858	269,332	266,384	255,808	249,488	244,034	236,767	223,436	231,376	227,124	217,265	212,770	212,098	210,445	206,254	210,643	206,670	214,921	216,321	212,836	215,019	209,041	209,407	205,250	210,449	206,015	14,306	18,392	8,883	8,911	7,193	10,317	6,160	5,834	4,964	5,615	5,000	5,700	4,600	4,300	6,500	7,700	6,000	7,200	4,900
Total Current Liabilities	665,137	56,698	69,536	43,536	60,333	11,994	15,886	2,622	12,500	145	2,145	4,212	4,213	10,208	10,434	8,545	25,534	18,706	29,446	13,471	39,304	2,326	26,855	20,818	30,786	34,214	41,642	21,017	42,022	65,176	49,989	29,566	24,999	15,275	48,060	32,074	55,163	14,073	25,067	17,098	24,086	24,072	27,928	142	9,140	9,129	124	149	145	2,000	7,106	4,000	13,000	327,927	7,236	0	0	1,000	1,000	1,000	17,575	21,755	7,970	8,000	18,400	9,000	3,400	0	0	3,300	7,900	9,100	2,000	2,000	10,900	2,000	1,000	0	2,100	3,100	2,100	5,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Liab	1,351,003	1,286,879	1,278,571	1,292,017	1,288,924	1,289,645	1,255,364	1,219,360	1,174,890	1,155,886	1,156,456	1,307,156	1,129,987	1,202,009	1,167,024	1,107,643	1,093,807	967,158	1,012,856	975,072	868,656	858,295	840,865	829,062	819,534	812,700	750,157	742,966	691,105	658,286	611,282	606,552	552,449	536,432	530,654	537,227	492,234	525,071	500,276	482,432	461,081	451,752	454,224	463,915	437,049	438,424	435,100	430,337	405,139	381,064	386,090	381,257	377,953	374,251	365,384	356,627	342,454	336,551	327,110	341,770	333,265	332,197	325,157	315,173	298,987	292,785	283,795	296,287	280,532	276,638	276,374	282,895	276,020	281,498	288,793	287,662	280,211	281,076	278,857	280,080	256,155	266,103	261,639	261,730	255,826	46,644	49,441	50,071	49,441	44,773	42,076	44,209	47,230	44,167	44,311	38,084	42,900	43,300	33,500	22,000	18,700	10,600	15,000	16,700
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	119,495	113,770	113,775	111,700	110,996	107,301	107,721	109,055	110,287	106,312	103,235	99,939	97,456	94,477	92,315	88,006	90,434	88,962	87,605	66,180	64,221	63,320	62,617	62,075	61,723	61,904	61,064	59,379	57,929	58,844	59,689	58,774	70,805	70,766	69,671	69,548	68,790	44,963	44,253	43,414	42,712	40,755	40,143	41,049	40,747	40,939	39,814	37,793	37,841	39,382	32,442	31,187	30,592	31,535	30,948	30,115	29,238	28,431	20,114	19,810	19,495	20,591	21,147	21,972	21,704	21,056	20,761	20,932	20,850	21,365	20,579	20,859	20,928	21,578	21,678	20,954	21,826	21,953	21,075	22,236	21,785	21,374	21,488	20,909	23,230	23,231	22,980	22,818	22,185	22,498	21,290	21,392	20,962	20,212	19,467	19,264	20,100	20,400	21,200	21,900	22,300	22,400	23,500	23,100
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,079	-1,124	-1,169	-1,214	-1,259	-1,304	-1,349	-1,394	-1,439	-1,484	-1,529	-1,574	-1,619	-1,664	-1,709	-1,754	-4,735	-4,761	-4,761	-4,761	-4,828	-4,828	-4,828	-4,834	-4,834	-4,834	-4,834	-4,834	-4,834	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,502	-6,467	-6,467	-6,277	-3,815	-3,815	-3,734	-3,734	-3,685	-3,551	-3,551	-3,551	-3,551	-3,263	-3,263	-3,263	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	358	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Begin Period Cash Flow	35,282	37,149	43,464	20,160	26,316	21,991	22,419	15,245	11,356	16,575	8,665	10,218	13,763	14,631	7,678	10,213	13,723	7,895	14,325	8,714	13,740	7,594	4,155	4,280	6,500	4,300	8,353	12,567
Capital Expenditures	1,966	5,209	1,212	1,261	3,596	5,692	1,975	1,362	2,632	2,361	2,263	192	1,993	2,928	383	341	944	318	1,137	1,520	1,571	911	783	314	800	1,000	571	813
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	0	7,910	-1,553	-3,545	-868	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0	0	-300	51	-2,156	-482	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	13,450	-1,867	-6,315	23,304	-6,156	4,325	-428	7,174	3,889	-5,219	7,910	-1,553	-3,545	-868	6,953	-2,535	-3,510	5,828	-6,430	5,611	-5,027	6,146	3,291	-125	-2,200	4,500	-4,019	-4,214
Change In Working Capital	458	1,894	146	-3,496	-407	241	-1,761	95	396	-527	291	703	-1,117	-64	-2,744	-304	272	-217	-173	-231	341	131	-325	544	300	-400	23	4
Change Receivables	0	0	0	0	0	0	0	0	0	0	2	-32	24	-227	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-1,118	-1,648	29	-837	-644	-21	-515	-479	-204	-134	2	-32	24	0	196	0	21	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	5	1	0	443	17	0	8	119	2	27	24	8,795	1,556	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	5,280	4,372	40,888	2,659	3,466	3,677	1,701	1,828	1,849	1,444	-1,902	2,295	1,367	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	-454	-2,659	237	262	-1,246	574	600	-393	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1,378	1,072	1,798	1,358	1,533	1,209	1,079	1,047	1,028	831	726	788	750	644	657	838	1,120	1,264	1,437	1,359	796	524	781	795	1,000	500	551	564
Dividends Paid	2,187	2,037	1,601	1,414	1,230	1,025	884	915	739	378	386	808	756	637	538	694	695	686	682	664	651	415	531	615	600	500	351	278
End Period Cash Flow	48,732	35,282	37,149	43,464	20,160	26,316	21,991	22,419	15,245	11,356	16,575	8,665	10,218	13,763	14,631	7,678	10,213	13,723	7,895	14,325	8,714	13,740	7,446	4,155	4,300	8,800	4,334	8,353
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	13,231	16,524	18,942	45,300	4,524	3,290	4,867	5,009	3,679	2,666	2,848	2,574	2,017	1,456	718	2,937	1,980	2,127	9,485	861	1,825	3,113	-4,977	1,817	4,400	800	2,194	1,533
Investments	-27,691	-131,160	-54,523	-149,223	-162,811	-52,025	-133,943	-121,457	-15,448	-12,754	-10,640	-38,025	-12,772	-13,057	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	19,569	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-14,952	13,925	-24,837	44,646	14,881	17,111	-14,964	25,247	5,889	8,890	-14,926	5,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	2,077	12,932	12,407	6,950	4,276	4,031	3,491	3,272	2,889	2,745	2,406	2,648	2,323	2,505	1,615	368	1,122	1,028	462	1,405	1,652	1,156	1,602	356	900	1,200	1,854	1,272
Other Cashflows From Financing Activities	119,159	113,721	81,052	158,356	-18	-95	-99	142,292	10	56	33,738	38,144	43,767	35,663	41,172	43,538	34,169	7,273	5,918	28,818	6,820	13,392	10,269	13,193	15,200	5,400	4,033	674
Other Cashflows From Investing Activities	0	0	-4,799	576	2,767	-6,110	-40	-632	-58,853	-1,870	1,539	672	-23,030	-23,293	498	979	276	504	770	0	0	0	0	0	0	0	0	0
Other Non Cash Items	11,189	4,911	4,705	35,167	2,104	2,385	3,421	1,649	1,528	1,347	1,243	-1,290	749	1,036	1,132	2,782	365	773	8,584	397	1,168	2,310	-5,207	500	3,300	1,200	81	570
Sale Purchase Of Stock	-5,363	0	-6,866	-3,907	176,811	43,891	135,261	-14,755	71,762	35,492	45	5	-6,771	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-110
Stock Based Compensation	462	626	617	570	630	773	712	557	354	279	243	193	112	0	0	-18	-420	-336	205	-1,051	-869	-390	-749	-2	-200	-600	0	0
Total Cash From Financing Activities	52,630	107,560	43,482	125,966	148,535	47,368	126,673	122,260	59,063	54,230	24,241	33,226	30,240	34,026	17,659	31,234	16,969	3,587	-4,764	23,654	-2,831	6,396	9,738	12,579	14,600	4,500	3,626	7,957
Total Cash From Operating Activities	15,197	21,733	20,154	46,561	8,120	8,982	6,842	6,371	6,311	5,027	5,111	2,766	4,010	4,384	1,101	3,278	2,924	2,445	10,622	2,381	3,395	4,024	-4,194	2,132	5,200	1,800	2,765	2,346
Total Cashflows From Investing Activities	0	0	-69,951	-149,223	-162,811	-52,025	-133,943	-121,457	-61,485	-64,476	-21,442	-37,545	-37,795	-39,278	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31
Begin Period Cash Flow	24,474	36,815	32,321	35,282	44,454	38,287	37,184	37,149	75,240	41,154	51,968	43,464	38,981	45,123	57,579	20,160	39,773	50,342	24,816	26,316	35,974	36,740	18,279	21,991	61,218	15,324	36,619	22,419	23,663	25,096	25,655	15,245	17,374	17,410	23,053	11,356	24,982	10,176	18,933	16,575	11,794	10,028	13,218	8,665	14,074	10,139	9,118	10,218	15,788	12,784	12,112	13,763	20,477	9,275	21,402	14,631	24,279	8,225	16,730	7,678	11,677	10,691	15,047	10,213	10,809	7,388	16,309	13,723	8,804	7,703	7,566	7,895	8,763	10,289	7,440	14,325	16,429	14,509	16,382	8,714	8,591	7,178	15,385	13,742	12,838	17,176	7,530	7,446	5,565	8,742	4,484	4,155	3,391	4,221	3,585	4,280	3,200	3,200	-8,200	6,500	0	900	3,600	4,300
Capital Expenditures	296	1,008	494	168	3,779	370	425	635	142	200	459	411	1,354	918	417	19	675	553	1,092	1,276	3,516	1,017	208	951	335	532	314	794	413	445	191	313	981	1,148	175	328	464	846	665	386	1,656	185	186	236	99	47	3	43	243	310	505	935	1,762	325	198	643	103	96	156	28	135	112	80	14	375	201	227	141	464	275	215	121	188	172	497	280	540	110	792	78	351	470	595	155	251	180	203	278	483	144	118	39	35	74	129	75	400	200	0	200	200	300	100	400
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-8,757	2,358	4,781	1,766	-3,190	4,553	-5,409	3,935	1,021	-1,100	-5,570	3,004	672	-1,651	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-874	-118	-939	695	549	-605	-269	690	-129	-241	-1,335	916	-951	-786	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	24,258	-12,341	4,494	-2,961	-9,172	6,167	1,103	35	-38,091	34,086	-10,814	8,504	4,483	-6,142	-12,456	37,419	-19,613	-10,569	25,526	-1,500	-9,658	-766	18,461	-3,712	-39,227	45,894	-21,295	14,200	-1,244	-1,433	-559	10,410	-2,129	-36	-5,643	11,697	-13,626	14,806	-8,757	2,358	4,781	1,766	-3,190	4,553	-5,409	3,935	1,021	-1,100	-5,570	3,004	672	-1,651	-6,714	11,202	-12,127	6,771	-9,648	16,054	-8,505	9,052	-3,999	986	-4,356	4,834	-596	3,421	-8,921	2,586	4,919	1,101	137	-329	-868	-1,526	2,849	-6,885	-2,104	1,920	-1,873	7,668	123	1,413	-8,207	1,643	903	-4,339	9,646	84	1,881	-3,176	4,258	329	764	-829	636	-695	1,100	0	11,400	-1,100	11,200	-6,900	900	-700
Change In Working Capital	5,529	1,353	-7,675	1,251	3,549	364	-1,988	-31	-52	1,805	261	-1,868	-1,729	857	-1,374	-1,250	-1,152	1,002	2,571	-2,828	444	-1,173	2,131	-1,161	263	-1,091	602	-1,535	799	-1,061	1,225	-868	614	-788	659	-89	434	-61	-746	-154	-547	765	773	-700	205	625	286	-413	-1,177	1,405	-544	-801	-728	2,221	264	-1,821	-1,666	416	-1,271	-223	-404	301	6,350	15,854	345	111	389	-573	-259	14	-8	36	225	-67	-241	-90	854	114	-988	-211	-505	161	820	-135	576	-5	-552	112	617	-157	-788	3	431	87	81	-55	200	-100	0	0	300	200	-200	-700
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	38	-98	91	-7	113	-195	204	-130	178	-284	-66	21	111	-42	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-692	-449	-520	543	-996	-360	-72	-220	79	-60	179	-169	357	67	-1,273	12	-399	26	25	-296	-153	-190	275	47	-409	41	32	-179	-216	-247	169	-185	29	-116	98	-215	16	-90	38	-98	91	-7	113	-195	204	-130	178	-284	-66	21	111	-42	0	0	0	0	196	213	160	117	0	36	0	42	21	69	0	0	0	42	28	36	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4	0	0	0	0	0	0	5	0	0	0	1	1	0	0	0	0	0	0	443	440	412	10	17	12	10	1	0	0	0	0	8	0	0	0	119	112	86	80	2	0	0	0	27	27	0	0	24	0	0	0	8,795	8,897	2,443	1,120	1,556	2,455	2,946	1,328	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	1,128	1,776	2,521	1,147	1,046	566	-179	938	1,451	2,162	386	1,787	1,387	37,328	648	711	1,001	299	1,044	745	132	1,224	3,677	803	993	547	1,701	0	0	0	1,828	0	0	0	1,849	0	315	308	495	272	318	359	-82	325	242	-2,387	1,690	235	195	175	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	-7,155	708	708	724	-1,916	189	-131	1,865	-489	-1,699	-2,086	790	-101	-1,262	-753	976	2,546	-2,532	597	-983	1,856	-1,208	-1,246	-1,132	570	-1,356	574	0	0	0	600	0	0	0	-393	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	379	210	379	347	-48	361	375	384	432	454	462	450	422	402	395	139	390	389	387	367	324	276	302	307	292	270	263	254	263	312	232	240	245	302	243	238	215	204	207	205	194	182	174	176	189	193	203	203	207	190	185	168	161	159	164	160	164	166	164	163	200	201	228	209	265	274	280	301	321	320	309	314	429	485	172	351	447	264	335	313	213	208	190	185	171	-41	190	203	193	192	196	199	201	199	197	197	500	200	100	200	100	100	200	100
Dividends Paid	516	548	546	543	540	539	539	419	416	416	415	354	354	354	354	352	353	351	263	263	261	262	256	246	236	223	213	212	211	219	218	267	250	163	163	163	111	80	109	78	76	76	76	158	191	186	214	217	262	175	160	159	159	160	159	159	134	74	75	255	254	92	255	93	255	90	260	90	253	91	252	90	253	89	251	89	250	86	242	86	85	241	242	82	206	70	69	69	63	155	158	155	152	153	154	155	100	300	0	0	200	200	0	0
End Period Cash Flow	48,732	24,474	36,815	32,321	35,282	44,454	38,287	37,184	37,149	75,240	41,154	51,968	43,464	38,981	45,123	57,579	20,160	39,773	50,342	24,816	26,316	35,974	36,740	18,279	21,991	61,218	15,324	36,619	22,419	23,663	25,096	25,655	15,245	17,374	17,410	23,053	11,356	24,982	10,176	18,933	16,575	11,794	10,028	13,218	8,665	14,074	10,139	9,118	10,218	15,788	12,784	12,112	13,763	20,477	9,275	21,402	14,631	24,279	8,225	16,730	7,678	11,677	10,691	15,047	10,213	10,809	7,388	16,309	13,723	8,804	7,703	7,566	7,895	8,763	10,289	7,440	14,325	16,429	14,509	16,382	8,714	8,591	7,178	15,385	13,740	12,838	17,176	7,530	7,446	5,565	8,742	4,484	4,155	3,391	4,221	3,585	4,300	3,200	3,200	5,400	11,200	-6,900	900	3,600
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	8,129	4,092	-4,636	5,877	5,802	4,772	2,484	3,466	4,306	6,921	4,853	2,862	2,843	3,833	1,909	37,976	890	2,924	3,549	-2,839	-517	-85	3,374	518	2,152	440	2,549	-274	1,896	362	2,575	176	1,060	-374	2,042	951	1,505	666	-89	584	-1,000	1,660	1,928	260	902	2,041	1,518	-1,887	954	2,122	-221	-838	-1,311	3,009	1,133	-1,375	-28	1,091	-620	275	12	1,658	1,324	-57	1,018	715	491	-244	781	-726	2,262	7	-51	6,813	1,660	1,063	-1,250	45	1,228	838	717	2,003	-1,424	529	423	-219	3,455	-547	-1,988	-2,269	-1,275	554	541	581	209	486	2,600	500	700	600	200	600	500	-500
Investments	-40,899	-25,070	21,748	-10,567	-13,802	-11,135	-38,353	-24,508	-16,225	-16,856	34,252	-26,368	-20,382	-42,980	-69,102	-16,759	-56,999	-54,467	-14,083	-37,262	-15,718	-5,316	10,815	12,479	-41,210	112	-67	-38,266	-56,730	0	0	0	-15,448	0	0	0	-12,754	0	-26,569	-17,636	6,006	3,013	3,499	-23,158	-4,406	-2,176	-4,336	-27,107	-14,760	4,750	448	-3,210	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	30,246	-16,792	-16,792	-10,100	13,200	-14,577	10,044	-16,680	-12,766	4,450	26,824	4,829	-16,040	-1,688	13,873	-10,182	12,572	-41,100	38,898	-4,467	20,215	-10,000	14,881	-9,900	31,675	-5,926	17,111	0	0	0	-14,964	0	0	0	25,247	0	7,972	-7,027	-28	-3,887	18,832	-9,028	-27	9,972	-27	-1,028	-2,027	-4,005	1,106	-10,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	518	2,176	1,982	2,599	3,530	3,180	3,272	2,950	3,879	3,365	3,009	2,154	1,945	1,474	1,841	1,690	1,860	1,295	607	514	1,097	985	945	1,004	864	907	920	800	959	820	832	661	781	885	694	529	834	746	676	489	550	528	823	505	729	670	720	529	436	874	587	426	686	669	550	600	438	567	31	579	574	-838	300	332	485	306	166	165	315	170	303	240	-37	116	234	149	200	360	522	323	309	333	517	493	-110	452	312	502	537	443	356	267	431	257	301	-633	100	200	300	300	200	300	300	400
Other Cashflows From Financing Activities	122,141	11,177	-11,742	1,412	-12,514	39,731	33,445	49,417	-1	12,721	-49,963	76,884	2,698	46,712	72,734	15,338	-1	47,872	39,231	20	-5	20,717	9,588	7,260	-152	66,790	5,999	52,441	37,630	47,785	3,663	107,902	14,873	6,003	-6,650	43,687	8	24,145	17,818	21,242	9,244	-2,940	-146	27,580	-2,028	7,175	4,398	28,599	21,048	6,875	6,604	14,257	10,575	7,044	10,287	17,757	9,221	18,483	-12,124	25,592	2,505	11,719	11,423	17,891	10,721	12,694	-1,391	20,145	4,418	1,261	-6,805	8,399	652	-5,287	1,225	9,328	-44	1,978	1,902	25,182	-8,327	4,484	-798	4,461	-1,642	-528	7,955	4,810	6,719	3,585	2,082	580	2,730	5,102	8,380	-3,018	-1,700	6,400	11,400	-1,100	11,400	-6,700	900	-700
Other Cashflows From Investing Activities	0	0	-1,083	756	756	454	-636	656	-452	750	104	-5,201	970	-1,253	702	157	-512	700	-290	-35,986	-1,548	247	-5,693	434	565	359	306	152	194	185	170	0	574	149	171	19	-1,870	0	220	-1,727	713	136	633	57	341	109	-318	540	-12,550	-4,674	-4,105	-1,701	684	137	128	22	498	265	132	0	979	773	315	168	276	276	132	102	504	456	50	50	770	414	169	49	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	2,278	-122	29	1,697	2,113	1,070	1,082	646	-442	326	-931	1,088	-654	-680	141	36,360	331	-143	-104	-102	562	-140	-946	-76	1,029	-92	-40	-44	367	-95	-56	-80	191	-130	-60	-85	54	-73	-93	-63	53	-46	255	-70	-166	546	272	-2,219	1,676	-92	56	304	332	285	353	329	1,139	38	612	-216	-223	2,106	-5,474	-626	298	225	-117	4	1,080	-1,230	1,658	-502	-497	6,345	1,851	885	-2,420	-398	2,472	743	940	1,770	-2,356	284	-616	-444	3,708	-982	-2,437	-2,282	-533	46	-486	111	-240	1,052	2,200	400	300	300	-200	300	300	100
Sale Purchase Of Stock	0	-255	-368	0	0	-17	0	-685	20,452	0	0	0	18,480	0	0	194	29,898	19,769	19,769	49,473	5,180	362	204	84	10,819	88	5	83	14,755	-1,755	0	-13,000	9	0	0	0	-2,770	0	0	0	45	0	0	0	542	0	0	-537	13,000	52	14	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	88	108	115	151	139	167	168	152	150	145	147	175	155	134	132	149	152	156	162	160	229	191	178	175	139	204	187	182	170	167	123	97	94	90	89	81	80	66	67	66	63	64	62	54	44	54	39	56	55	55	0	0	0	0	0	0	0	0	0	0	0	0	0	-15,854	0	0	0	0	-332	0	0	9	43	150	-2	14	-233	-213	-371	-234	-14	0	0	-204	221	0	0	-44	-320	10	-455	15	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	56,639	7,629	-13,113	1,562	-4,951	32,192	36,548	43,771	19,003	-2,375	-50,378	77,232	23,376	32,087	54,320	16,183	35,821	40,421	34,968	37,325	9,511	18,455	9,332	10,070	5,826	62,567	5,786	52,494	32,534	45,811	3,445	40,470	15,653	5,840	-6,813	44,383	-8,626	24,038	17,681	21,137	9,140	-3,043	-9,250	27,394	-2,246	3,961	4,157	27,354	20,786	806	4,550	4,098	4,416	6,884	8,128	14,598	6,087	16,009	-13,199	8,762	-749	6,627	9,258	16,098	5,311	8,604	-12,651	15,705	3,165	170	-7,057	7,309	-5,601	-7,376	974	7,239	-294	1,792	-1,940	24,096	-9,412	4,242	-1,040	3,379	-5,632	-598	7,885	4,741	6,656	733	1,924	425	2,578	4,949	8,225	-3,173	-1,800	6,100	11,400	-1,100	11,200	-6,900	900	-700
Total Cash From Operating Activities	8,425	5,100	-4,142	6,045	9,581	5,142	2,909	4,101	4,448	7,121	5,312	3,273	1,489	4,751	2,326	37,995	1,565	3,477	4,641	-1,563	2,999	932	3,582	1,469	2,487	972	2,863	520	2,309	807	2,766	489	2,041	774	2,217	1,279	1,969	1,512	576	970	656	1,845	2,114	496	1,001	2,088	1,521	-1,844	1,197	2,432	284	97	451	3,334	1,331	-732	75	1,187	-464	303	147	1,770	1,404	-43	1,393	916	718	-103	781	-726	2,262	128	137	6,985	2,157	1,343	-710	155	2,020	916	1,068	2,472	-829	684	674	-39	3,658	-269	-1,504	-2,125	-1,157	592	577	655	338	562	3,000	700	700	800	400	900	600	-100
Total Cashflows From Investing Activities	0	0	21,748	-10,567	-10,567	-31,168	-38,353	-47,837	-61,542	29,340	34,252	-72,001	-20,382	-42,980	-69,102	-16,759	-56,999	-54,467	-14,083	-37,262	-22,168	-20,153	5,547	-15,251	-133,943	-17,645	-29,944	-38,814	-121,457	0	0	0	-61,485	0	0	0	-64,476	0	-27,014	-19,749	-5,015	2,964	3,946	-23,337	-4,164	-2,114	-4,657	-26,610	-27,553	-234	-4,162	-5,846	0	0	0	0	0	4,003	5,145	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Cost Of Revenue	111	0	0	0	0	875	8,059	4,757	4,006	3,819	4,296	4,733	5,281	5,858	-693	8,495	9,007	7,566	6,667	6,311	6,546	8,398	9,193	8,777	0	0	0	0
Depreciation And Amortization	1,378	1,072	1,798	1,358	1,533	1,209	1,079	1,047	1,028	831	726	788	750	644	657	838	1,120	1,264	1,437	1,359	796	524	781	795	1,000	500	551	564
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-1,507	24,211	15,906	8,245	5,441	13,621	10,703	8,187	6,617	6,512	6,517	7,485	7,708	8,320	8,694	8,146	10,148	8,813	6,767	7,480	8,201	8,567	10,631	9,085	8,300	8,700	9,508	8,191
Ebitda	-129	25,283	17,704	9,603	6,974	14,830	11,782	9,234	7,645	7,343	7,243	8,273	8,458	8,964	9,351	8,984	11,268	10,077	8,204	8,839	8,996	9,091	11,413	9,879	9,300	9,200	10,059	8,755
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	155	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	72,742	46,411	43,701	38,128	33,147	28,726	27,302	24,472	22,939	20,844	19,035	17,920	17,455	16,351	14,667	11,226	11,709	10,961	10,782	11,952	11,945	10,884	9,712	8,519	8,900	8,700	1,640	1,616
Income Before Tax	11,784	15,689	16,009	8,341	5,451	4,555	4,345	4,409	4,003	3,954	3,252	3,577	3,367	3,512	2,665	471	1,506	1,270	411	1,907	2,253	1,544	2,146	552	1,300	1,700	2,616	1,778
Income Tax Expense	2,362	2,656	3,499	1,295	1,165	546	1,407	1,111	1,071	1,153	847	929	1,044	1,007	1,050	103	384	242	-51	502	601	388	544	196	400	500	762	506
Interest Expense	28,744	9,695	7,532	10,864	13,528	9,044	6,290	3,804	2,657	2,614	3,264	3,908	4,341	4,808	6,029	7,675	8,642	7,543	6,356	5,573	5,948	7,023	8,485	8,532	7,000	7,000	6,892	6,414
Interest Income	63,947	50,869	45,518	42,866	41,479	34,551	29,184	23,959	21,424	19,699	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-115	-101	-103	266	235	238	333	432	424	56	-1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	2,077	12,932	12,407	6,950	4,276	4,031	3,006	3,272	2,889	2,745	2,406	2,648	2,323	2,505	1,615	368	1,122	1,028	462	1,405	1,652	1,156	1,602	356	900	1,200	1,854	1,272
Net Income Applicable To Common Shares	0	12,932	12,407	5,405	3,578	4,031	3,491	3,256	2,759	2,650	2,406	2,199	1,320	2,043	1,565	368	1,122	1,028	462	1,405	1,652	1,156	1,602	356	0	0	0	0
Net Income From Continuing Ops	10,402	13,033	12,510	7,046	4,286	4,009	3,423	3,298	2,932	2,801	2,405	2,648	2,323	2,505	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	40,524	41,174	37,986	32,002	27,951	25,507	22,894	20,155	18,767	17,085	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-129	24,211	15,906	8,245	5,441	13,621	10,703	8,187	6,617	6,512	6,517	7,485	7,708	8,320	8,694	8,146	10,148	8,813	6,767	7,480	8,201	8,567	10,631	9,085	8,300	8,700	9,508	8,191
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	61,069	905	27,795	29,883	27,706	15,105	809	730	518	537	12,518	10,435	9,747	8,031	6,884	3,080	1,561	2,148	4,015	4,472	3,744	2,317	920	566	600	0	7,868	6,576
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	-449	-1,003	-462	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	533	1,072	1,798	1,378	1,558	1,209	1,079	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	671	905	1,198	941	962	935	809	730	518	537	537	453	437	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	16,805	16,628	17,813	16,563	16,420	15,791	14,169	12,799	11,704	10,741	9,940	9,244	8,636	7,498	6,884	5,172	5,094	5,007	5,123	4,798	4,455	3,757	2,983	2,914	3,300	3,100	2,917	2,344
Tax Provision	2,155	2,656	3,499	1,954	1,165	546	922	1,111	1,071	1,153	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	9,912	905	-27,795	-29,883	-27,706	-15,105	809	730	518	537	-12,518	-10,435	-9,747	-8,031	7,577	-3,080	-1,561	-2,148	-4,015	-4,472	-3,744	-2,317	920	566	-600	0	7,868	6,576
Total Other Income Expense Net	11,784	-8,522	103	96	10	-9,066	-6,358	-3,778	-2,614	-2,558	-3,265	-3,908	-4,341	-4,808	-6,029	-7,675	-8,642	-7,543	-6,356	-5,573	-5,948	-7,023	-8,485	-8,532	-7,000	-7,000	-6,892	-6,414
Total Revenue	72,853	46,411	43,701	38,128	33,147	29,601	27,302	24,472	22,939	20,844	19,035	17,920	17,455	16,351	14,667	11,226	11,709	10,961	10,782	11,952	11,945	10,884	9,712	8,519	8,900	8,700	1,640	1,616

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31
Cost Of Revenue	0	0	-6,087	0	0	0	0	0	0	0	0	407	226	113	212	192	198	190	229	199	875	2,725	2,346	2,429	2,421	1,950	1,926	1,762	1,378	1,274	1,023	1,082	-1	872	1,024	966	-2	1,066	940	940	1	995	1,110	1,220	2	-637	1,146	1,241	1,329	1,218	-613	1,366	1,459	1,476	1,470	1,453	1,578	1,638	1,837	1,852	2,110	2,148	2,004	2,233	2,223	2,302	2,289	2,193	2,030	1,902	1,844	1,770	1,786	1,718	1,592	1,571	1,759	1,504	1,503	1,545	1,494	1,554	1,792	1,706	1,903	1,906	2,637	1,952	2,027	2,135	2,601	2,430	2,423	2,260	2,020	2,074	0	0	0	0	0	0	0	0
Depreciation And Amortization	379	210	379	-76	-48	361	375	384	432	454	462	450	422	402	395	139	390	389	387	367	324	276	302	307	292	270	263	254	263	312	232	240	245	302	243	238	215	204	207	205	194	182	174	176	189	193	203	203	207	190	185	168	161	159	164	160	164	166	164	163	200	201	228	209	265	274	280	301	321	320	309	314	429	485	172	351	447	264	335	313	213	208	190	185	171	-41	190	203	193	192	196	199	201	199	197	197	500	200	100	200	100	100	200	100
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-421	2,539	2,133	8,419	7,809	6,555	5,781	5,186	4,796	6,211	5,711	5,085	4,524	4,022	5,154	5,409	5,751	5,147	4,184	3,887	3,883	3,576	3,160	3,002	2,801	2,823	2,661	2,418	2,357	2,094	1,930	1,806	1,822	1,853	1,607	1,337	1,818	1,719	1,617	1,360	1,464	1,502	1,962	1,588	1,950	1,856	1,959	1,721	1,708	2,343	1,945	1,712	2,110	2,168	1,997	2,045	2,224	2,252	1,698	2,521	2,599	752	2,261	2,534	2,859	2,525	2,426	2,352	2,441	2,120	2,227	2,025	1,621	1,694	1,757	1,695	1,701	1,878	2,100	1,801	1,814	1,878	2,251	2,257	1,561	2,237	2,149	2,462	2,587	2,678	2,677	2,689	2,910	2,582	2,423	1,170	2,000	2,100	1,900	2,100	2,000	2,100	2,300	2,400
Ebitda	-42	2,749	2,512	8,343	7,761	6,916	6,156	5,570	5,228	6,665	6,173	5,535	4,946	4,424	5,549	5,548	6,141	5,536	4,571	4,254	4,207	3,852	3,462	3,309	3,093	3,093	2,924	2,672	2,620	2,406	2,162	2,046	2,067	2,155	1,850	1,575	2,033	1,923	1,824	1,565	1,658	1,684	2,136	1,764	2,139	2,049	2,162	1,924	1,915	2,533	2,130	1,880	2,271	2,327	2,161	2,205	2,388	2,418	1,862	2,684	2,799	953	2,489	2,743	3,124	2,799	2,706	2,653	2,762	2,440	2,536	2,339	2,050	2,179	1,929	2,046	2,148	2,142	2,435	2,114	2,027	2,086	2,441	2,443	1,732	2,196	2,339	2,665	2,780	2,870	2,874	2,888	3,111	2,782	2,619	1,367	2,500	2,300	2,000	2,300	2,100	2,200	2,500	2,500
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	19,611	10,060	10,534	9,707	12,814	11,712	11,019	10,866	10,937	11,110	11,455	9,998	9,402	9,689	8,959	9,335	8,893	8,301	7,696	7,441	6,611	7,336	7,491	7,288	7,185	7,013	6,644	6,460	6,350	6,262	6,019	5,841	5,951	5,989	5,631	5,368	5,703	5,296	4,996	4,846	4,902	4,606	5,006	4,521	4,721	3,709	4,466	4,385	4,173	4,623	3,891	4,155	4,258	4,170	3,943	3,980	4,357	3,971	3,519	3,512	3,556	1,606	2,948	3,116	3,247	2,945	2,805	2,712	2,965	2,601	2,685	2,710	2,636	2,651	2,807	2,688	3,014	2,918	3,138	2,882	2,811	2,850	3,319	2,965	2,463	2,520	3,296	2,599	2,544	2,313	2,642	2,212	2,320	2,137	2,147	1,915	2,300	2,200	2,200	2,100	2,500	1,900	2,100	2,200
Income Before Tax	3,168	2,767	2,505	3,344	3,941	3,964	4,068	3,716	4,983	4,410	3,875	2,741	1,969	1,890	2,267	2,215	2,281	1,609	776	785	1,139	1,133	1,067	1,216	765	1,311	1,197	1,072	1,252	1,138	1,091	928	1,032	1,211	998	762	1,228	1,074	958	694	708	723	1,129	692	1,017	893	962	705	649	1,270	840	609	913	955	789	855	868	860	133	804	759	-1,126	392	446	721	378	203	204	409	210	374	277	-83	67	231	196	273	486	704	444	426	450	719	657	-175	469	420	672	689	580	496	380	538	373	431	-790	200	300	200	400	300	300	500	600
Income Tax Expense	590	573	530	669	383	772	780	721	1,094	1,005	851	549	29	372	439	455	415	324	175	251	41	157	166	182	538	386	238	245	291	322	225	273	242	316	290	225	386	317	275	176	159	195	306	187	288	223	241	176	213	396	253	183	227	287	239	255	430	293	102	225	185	-288	92	114	236	72	37	39	94	40	71	37	-46	-49	-3	47	73	126	182	121	117	117	203	164	-65	120	108	170	152	137	140	114	107	116	130	-156	100	100	100	100	100	100	100	200
Interest Expense	1,789	7,611	6,889	5,075	3,848	2,603	1,729	1,515	1,458	1,841	1,851	2,382	2,550	2,176	2,874	3,264	3,476	3,528	3,402	3,122	2,745	2,434	2,049	1,816	1,884	1,530	1,503	1,373	1,107	952	873	872	799	652	623	583	598	656	666	695	755	779	833	896	933	963	997	1,016	1,059	1,073	1,106	1,103	1,197	1,213	1,208	1,190	1,356	1,392	1,565	1,717	1,840	1,878	1,869	2,088	2,138	2,147	2,223	2,148	2,032	1,910	1,853	1,748	1,704	1,627	1,526	1,499	1,428	1,392	1,396	1,357	1,388	1,428	1,532	1,600	1,735	1,768	1,729	1,790	1,898	2,097	2,181	2,309	2,372	2,209	1,992	1,959	1,800	1,800	1,700	1,700	1,700	1,800	1,800	1,800
Interest Income	18,096	17,671	16,621	15,043	14,953	13,327	11,706	10,982	11,139	11,545	12,066	10,942	10,822	10,384	10,450	10,973	11,183	10,670	10,034	9,592	9,255	8,830	8,516	8,209	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-42	-18	7	-76	-28	-12	-16	-45	-10	-40	297	304	266	271	292	305	235	229	239	258	238	243	252	30	315	18	39	27	2	-34	34	0	10	11	14	8	8	11	7	30	-1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	2,536	2,176	1,982	2,599	3,530	3,180	3,272	2,950	3,879	3,365	3,009	2,154	1,945	1,474	1,841	1,690	1,860	1,295	607	514	1,097	985	945	1,004	379	907	920	800	959	820	832	661	780	885	694	529	834	746	676	489	550	528	823	505	729	670	721	529	436	874	587	426	686	668	550	600	438	567	31	579	574	-838	300	332	485	306	166	165	315	170	303	240	-37	116	234	149	200	360	522	323	309	333	517	493	-110	349	312	502	537	443	356	267	431	257	301	-633	100	200	100	300	200	200	400	400
Net Income Applicable To Common Shares	0	0	1,497	2,546	3,530	3,180	3,272	2,888	3,879	3,365	3,009	1,609	1,483	1,156	1,443	1,323	1,511	1,012	492	514	1,097	985	945	1,004	864	907	920	800	959	820	832	645	748	853	661	497	802	713	646	489	550	528	823	505	646	557	605	391	249	293	469	309	571	553	435	485	413	542	31	579	574	-300	300	332	485	306	166	165	315	170	303	240	346	116	234	149	200	360	522	323	310	332	517	493	807	349	366	551	536	443	356	267	431	258	300	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	2,578	2,194	1,975	2,675	3,558	3,192	3,288	2,995	3,889	3,405	3,024	2,192	1,940	1,518	1,828	1,760	1,866	1,285	601	534	1,098	976	901	1,034	3,616	448	-1,441	800	3,298	0	0	0	2,932	0	0	0	2,801	0	683	519	549	528	823	505	728	670	721	529	436	874	587	426	0	668	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	8,927	10,060	9,732	9,968	11,105	10,724	9,977	9,467	9,681	9,704	10,215	8,560	8,272	8,208	7,576	7,709	7,707	7,142	6,632	6,547	6,510	6,396	6,467	6,393	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-42	2,749	2,512	8,419	7,809	6,555	5,781	5,186	6,431	6,211	5,711	5,085	4,524	4,022	5,154	5,409	5,751	5,147	4,184	3,887	3,883	3,576	3,160	3,002	2,801	2,823	2,661	2,418	2,357	2,094	1,930	1,806	1,822	1,853	1,607	1,337	1,818	1,719	1,617	1,360	1,464	1,502	1,962	1,588	1,950	1,856	1,959	1,721	1,708	2,343	1,945	1,712	2,110	2,168	1,997	2,045	2,224	2,252	1,698	2,521	2,599	752	2,261	2,534	2,859	2,525	2,426	2,352	2,441	2,120	2,227	2,025	1,621	1,694	1,757	1,695	1,701	1,878	2,100	1,801	1,814	1,878	2,251	2,257	1,561	2,237	2,149	2,462	2,587	2,678	2,677	2,689	2,910	2,582	2,423	1,170	2,000	2,100	1,900	2,100	2,000	2,100	2,300	2,400
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	16,443	7,311	166	206	670	199	235	5,680	1,198	191	259	653	1,167	349	473	368	1,160	428	471	199	1,810	3,760	4,331	4,286	809	4,190	3,983	4,042	10,144	4,168	4,089	4,035	9,092	4,136	4,024	4,031	8,324	3,577	3,379	3,486	1	3,104	3,044	2,933	2	1,108	2,507	2,664	2,465	2,280	613	2,443	2,148	2,002	1,946	1,935	2,131	1,719	2,011	991	957	854	687	582	388	420	379	360	524	481	458	685	1,015	957	1,050	993	1,313	1,040	1,038	1,081	997	972	1,068	707	902	283	1,147	136	42	365	36	477	590	446	275	745	300	100	300	0	500	200	200	200
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30	0	0	0	0	0	-82	-113	-116	-138	-187	-581	-118	-117	0	-115	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	376	210	379	347	-48	361	375	384	432	454	468	454	427	406	401	144	390	389	387	367	324	276	302	307	292	270	263	254	263	312	232	240	245	302	243	238	215	204	207	205	194	182	174	176	189	193	203	203	207	190	185	168	161	159	164	160	164	166	164	163	200	201	228	209	265	274	280	301	321	320	309	314	429	485	172	351	447	264	335	313	213	208	190	185	171	-41	190	203	193	192	196	199	201	199	197	197	500	200	100	200	100	100	200	100
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	155	144	166	206	284	199	235	187	502	191	259	246	268	236	261	176	243	238	242	244	297	162	285	191	270	191	172	176	251	150	189	140	166	116	114	140	165	141	99	133	144	146	128	116	185	108	99	60	71	91	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	3,899	4,859	4,128	4,402	3,992	4,843	4,524	4,821	4,679	4,532	4,387	4,215	4,718	4,135	3,674	4,036	3,921	3,992	4,171	4,484	4,092	3,976	4,040	3,683	3,939	3,581	3,316	3,333	3,134	3,270	3,180	3,215	2,982	3,045	2,812	2,864	2,790	2,607	2,686	2,656	2,698	2,512	2,368	2,362	2,179	2,274	2,344	2,448	2,141	2,198	2,278	2,224	2,897	1,541	1,850	1,891	1,736	1,724	1,713	1,711	1,309	1,284	1,242	1,337	1,330	1,263	1,274	1,227	1,242	1,307	1,183	1,275	1,316	1,290	1,253	1,264	1,214	1,201	1,180	1,203	1,152	1,107	1,084	1,113	1,023	999	951	784	743	753	728	760	550	717	754	892	800	900	800	800	800	800	700	800
Tax Provision	590	573	530	669	383	772	780	721	1,094	1,005	851	549	688	372	439	455	415	324	175	251	41	157	166	182	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	2,468	-7,311	166	206	670	199	235	-5,680	1,198	191	259	246	941	236	261	176	962	238	242	-3,554	935	-3,760	-4,331	-4,286	809	-4,190	-3,983	-4,042	-10,144	-4,168	-4,089	-4,035	-9,091	-4,136	-4,024	-4,031	-8,322	-3,577	-3,379	-3,486	-3,438	-3,104	-3,044	-2,933	-2,771	1,745	-2,507	-2,664	-2,465	-2,280	-2,559	-2,443	-2,148	-2,002	-1,946	-1,935	2,131	-1,719	2,011	-991	-957	-854	-687	-582	-388	-420	-379	-360	-524	-481	-458	-685	-1,015	-957	-1,050	-993	-1,313	-1,040	-1,038	-1,081	-997	-972	-1,068	-707	-902	-283	-1,147	-136	42	365	36	477	590	446	275	-745	-300	-100	-300	0	-500	200	200	200
Total Other Income Expense Net	3,168	18	-7	-5,075	-3,868	-2,591	-1,713	-1,470	-1,448	-1,801	-1,836	-2,344	-2,555	-2,132	-2,887	-3,194	-3,470	-3,538	-3,408	-3,102	-2,744	-2,443	-2,093	-1,786	-2,036	-1,512	-1,464	-1,346	-1,105	-956	-839	-878	-790	-642	-609	-575	-590	-645	-659	-666	-756	-779	-833	-896	-933	-963	-997	-1,016	-1,059	-1,073	-1,105	-1,103	-1,197	-1,213	-1,208	-1,190	-1,356	-1,392	-1,565	-1,717	-1,840	-1,878	-1,869	-2,088	-2,138	-2,147	-2,223	-2,148	-2,032	-1,910	-1,853	-1,748	-1,704	-1,627	-1,526	-1,499	-1,428	-1,392	-1,396	-1,357	-1,388	-1,428	-1,532	-1,600	-1,735	-1,768	-1,729	-1,790	-1,898	-2,097	-2,181	-2,309	-2,372	-2,209	-1,992	-1,959	-1,800	-1,800	-1,700	-1,700	-1,700	-1,800	-1,800	-1,800
Total Revenue	19,611	10,060	10,534	9,707	12,814	11,712	11,019	10,866	10,937	11,110	11,455	10,405	9,628	9,802	9,171	9,527	9,091	8,491	7,925	7,640	7,486	7,336	7,491	7,288	7,185	7,013	6,644	6,460	6,350	6,262	6,019	5,841	5,950	5,989	5,631	5,368	5,703	5,296	4,996	4,846	4,903	4,606	5,006	4,521	4,723	3,709	4,466	4,385	4,173	4,623	3,891	4,155	4,258	4,170	3,943	3,980	4,357	3,971	3,519	3,512	3,556	1,606	2,948	3,116	3,247	2,945	2,805	2,712	2,965	2,601	2,685	2,710	2,636	2,651	2,807	2,688	3,014	2,918	3,138	2,882	2,811	2,850	3,319	2,965	2,463	2,520	3,296	2,599	2,544	2,313	2,642	2,212	2,320	2,137	2,147	1,915	2,300	2,200	2,200	2,100	2,500	1,900	2,100	2,200

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	72,853
Cost of Revenue	-111
Gross Profit	72,742	72,742

Operating Income (+$)
Gross Profit	72,742
Operating Expense	-9,912
Operating Income	-129	62,830

Operating Expense (+$)
Research Development	0
Selling General Administrative	16,805
Selling And Marketing Expenses	671
Operating Expense	9,912	17,476

Net Interest Income (+$)
Interest Income	63,947
Interest Expense	-28,744
Other Finance Cost	-5,321
Net Interest Income	40,524

Pretax Income (+$)
Operating Income	-129
Net Interest Income	40,524
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	11,784	-11,913 EBIT - interestExpense = -30,251 4,439 30,821
Interest Expense	28,744
Earnings Before Interest and Taxes (EBIT)	-1,507	40,528
Earnings Before Interest and Taxes (EBITDA)	-129

After tax Income (+$)
Income Before Tax	11,784
Tax Provision	-2,155
Net Income From Continuing Ops	10,402	9,629
Net Income	2,077
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	61,069
Total Other Income/Expenses Net	11,784	-40,524

Technical Analysis of Pathfinder Bancorp Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Pathfinder Bancorp Inc. The general trend of Pathfinder Bancorp Inc is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Pathfinder Bancorp Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (-14.3%)		Bearish trend (14.3%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Pathfinder Bancorp Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 12.01 < 12.47 < 13.04.

The bearish price targets are: 13.04 > 12.14 > 11.46.

Tweet this

Pathfinder Bancorp Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Pathfinder Bancorp Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close > MA 20: The price is above the MA 20. +1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
MA 200 trending down: The MA 200 is trending down. -1
Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Pathfinder Bancorp Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Pathfinder Bancorp Inc. The current macd is 0.02285129.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Pathfinder Bancorp Inc price going up in the near term. +2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Pathfinder Bancorp Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Pathfinder Bancorp Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Pathfinder Bancorp Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Pathfinder Bancorp Inc. The current adx is 16.41.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Pathfinder Bancorp Inc shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1

Pathfinder Bancorp Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Pathfinder Bancorp Inc. The current sar is 12.89.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Pathfinder Bancorp Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Pathfinder Bancorp Inc. The current rsi is 58.75. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Pathfinder Bancorp Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Pathfinder Bancorp Inc. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +2
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Pathfinder Bancorp Inc price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Pathfinder Bancorp Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Pathfinder Bancorp Inc. The current cci is 167.37.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1

Pathfinder Bancorp Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Pathfinder Bancorp Inc. The current cmo is 27.76.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Pathfinder Bancorp Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Pathfinder Bancorp Inc. The current willr is -18.48894865.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1

Pathfinder Bancorp Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Pathfinder Bancorp Inc.

Pathfinder Bancorp Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Pathfinder Bancorp Inc. The current atr is 0.35936442.

Pathfinder Bancorp Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Pathfinder Bancorp Inc. The current obv is -258,028.

Pathfinder Bancorp Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Pathfinder Bancorp Inc. The current mfi is 26.07.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Pathfinder Bancorp Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Pathfinder Bancorp Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-05	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-12-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-12-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-12-11	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-12	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-18	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-26	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-27	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-28	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-02	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-05	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-12	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-19	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-25	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-30	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-02	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-05	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-02-06	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-02-16	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-01	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-05	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-03-07	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-12	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-13	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-14	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-21	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-01	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-04-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-10	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-04-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-16	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-24	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).

6.3. Candlestick Patterns

Pathfinder Bancorp Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Pathfinder Bancorp Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	58.752
Ma 20	Greater than	Ma 50	12.319
Ma 50	Greater than	Ma 100	12.139
Ma 100	Greater than	Ma 200	12.736
Open	Greater than	Close	12.780
Total			2/5 (40.0%)

Create your own Symbol Scanner

Get notifications about Pathfinder Bancorp Inc

I send you an email if I find something interesting about Pathfinder Bancorp Inc.

Pathfinder Bancorp Inc Buy, Hold or Sell?

Let's analyse Pathfinder Bancorp Inc together

Get notifications about Pathfinder Bancorp Inc

Quick analysis of Pathfinder Bancorp Inc (30 sec.)

What can you expect buying and holding a share of Pathfinder Bancorp Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Pathfinder Bancorp Inc (5 min.)

$12.78

$19.80

$40.05 - $68.58

$59.85 - $88.38

2. Growth of Pathfinder Bancorp Inc (5 min.)

Is Pathfinder Bancorp Inc growing?

How much money is Pathfinder Bancorp Inc making?

How much money comes from the company's main activities?

3. Financial Health of Pathfinder Bancorp Inc (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Pathfinder Bancorp Inc? (5 min.)

What can you expect buying and holding a share of Pathfinder Bancorp Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Pathfinder Bancorp Inc

About Pathfinder Bancorp Inc

Financial Health

Valuation

1.1. Profitability of Pathfinder Bancorp Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Pathfinder Bancorp Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Pathfinder Bancorp Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Pathfinder Bancorp Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Pathfinder Bancorp Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

Pathfinder Bancorp Inc
Buy, Hold or Sell?