Summit State Bank
Buy, Hold or Sell?

Let's analyse Summit State Bank together

Penke I guess you are interested in Summit State Bank. 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 Summit State Bank. 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.

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Quick analysis of Summit State Bank (30 sec.)

What can you expect buying and holding a share of Summit State Bank? (30 sec.)

How much money do you get?

$0.48

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$14.40

Expected worth in 1 year

$15.74

How sure are you?

90.0%

+ What do you gain per year?

Total Gains per Share

$1.83

Return On Investment

18.3%

For what price can you sell your share?

Current Price per Share

$10.00

Expected price per share

$9.55 - $11.25

How sure are you?

50%

1. Valuation of Summit State Bank (5 min.)

Live pricePrice per Share (EOD)

$10.00

Book Value per Share

$14.40

Intrinsic Value Per Share

$-12.77 - $21.09

Total Value Per Share

$1.63 - $35.49

My calculation of the intrinsic value of Summit State Bank 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: ($0.33) 3Y: ($0.77) TTM: ($-0.10)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.01) 3Y: ($-0.04) TTM: ($-0.06)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$0.89	$2.95	$0.68 - $2.96
2	$1.14	$5.69	$0.02 - $2.82
3	$0.81	$8.23	$-0.63 - $2.69
4	$-0.02	$10.58	$-1.28 - $2.56
5	$-1.31	$12.74	$-1.93 - $2.43
6	$-2.99	$14.73	$-2.58 - $2.30
7	$-5.02	$16.55	$-3.23 - $2.17
8	$-7.35	$18.21	$-3.88 - $2.03
9	$-9.95	$19.72	$-4.54 - $1.90
10	$-12.77	$21.09	$-5.19 - $1.77

2. Growth of Summit State Bank (5 min.)

Is Summit State Bank growing?

	Current year	Previous year	Grow	Grow %
How rich?	$97.6m	$85.3m	$9.2m	9.8%

How much money is Summit State Bank making?

	Current year	Previous year	Grow	Grow %
Making money	$2.7m	$4.2m	-$1.5m	-56.8%
Net Profit Margin	20.9%	34.2%	-	-

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

Quarterly Yearly

3. Financial Health of Summit State Bank (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 Summit State Bank? (5 min.)

Welcome investor! Summit State Bank's management wants to use your money to grow the business. In return you get a share of Summit State Bank.

What can you expect buying and holding a share of Summit State Bank?

First you should know what it really means to hold a share of Summit State Bank. And how you can make/lose money.

Speculation

The Price per Share of Summit State Bank is $10. 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 Summit State Bank.
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 Summit State Bank, 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 $14.40. Based on the TTM, the Book Value Change Per Share is $0.34 per quarter. Based on the YOY, the Book Value Change Per Share is $0.16 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 $0.12 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Summit State Bank.

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	0.28	2.8%	0.40	4.0%	0.64	6.4%	0.44	4.4%	0.31	3.1%
Usd Book Value Change Per Share	0.62	6.2%	0.34	3.4%	0.16	1.6%	0.27	2.7%	0.13	1.3%
Usd Dividend Per Share	0.12	1.2%	0.12	1.2%	0.12	1.2%	0.11	1.1%	0.10	1.0%
Usd Total Gains Per Share	0.74	7.4%	0.46	4.6%	0.28	2.8%	0.38	3.8%	0.24	2.4%
Usd Price Per Share	12.30	-	14.33	-	15.66	-	13.80	-	13.57	-
Price to Earnings Ratio	10.98	-	10.06	-	6.17	-	8.71	-	13.98	-
Price-to-Total Gains Ratio	16.53	-	-118.64	-	190.82	-	41.37	-	25.87	-
Price to Book Ratio	0.85	-	1.03	-	1.25	-	1.18	-	1.33	-
Price-to-Total Gains Ratio	16.53	-	-118.64	-	190.82	-	41.37	-	25.87	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	10
Number of shares	100

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.12	0.11
Usd Book Value Change Per Share	0.34	0.27
Usd Total Gains Per Share	0.46	0.38
Gains per Quarter (100 shares)	45.63	37.92
Gains per Year (100 shares)	182.53	151.68

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	48	135	173	45	107	142
2	96	269	356	90	213	294
3	144	404	539	135	320	446
4	192	538	722	180	426	598
5	240	673	905	225	533	750
6	288	808	1088	270	640	902
7	335	942	1271	316	746	1054
8	383	1077	1454	361	853	1206
9	431	1211	1637	406	959	1358
10	479	1346	1820	451	1066	1510

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%	74.0	1.0	0.0	98.7%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	8.0	4.0	0.0	66.7%	16.0	4.0	0.0	80.0%	32.0	8.0	0.0	80.0%	52.0	21.0	2.0	69.3%
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%	73.0	0.0	2.0	97.3%
Total Gains per Share	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	19.0	1.0	0.0	95.0%	36.0	4.0	0.0	90.0%	65.0	10.0	0.0	86.7%

Fundamentals of Summit State Bank

About Summit State Bank

https://summitstatebank.com
Banks - Regional
112
500 Bicentennial Way, Santa Rosa, CA, United States, 95403
Google Maps Bing Maps

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses. In addition, the company provides Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

Fundamental data was last updated by Penke on 2024-04-12 19:05:03.

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 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 underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Summit State Bank.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Summit State Bank earns for each $1 of revenue.

Above 10% is considered healthy but always compare Summit State Bank to the Banks - Regional industry mean.
A Net Profit Margin of 12.4% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Summit State Bank:

The MRQ is 12.4%. The company is making a huge profit. +2
The TTM is 20.9%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	12.4%	TTM	20.9%	-8.5%
TTM	20.9%	YOY	34.2%	-13.3%
TTM	20.9%	5Y	29.0%	-8.2%
5Y	29.0%	10Y	26.9%	+2.1%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	12.4%	18.4%	-6.0%
TTM	20.9%	28.0%	-7.1%
YOY	34.2%	25.2%	+9.0%
5Y	29.0%	22.8%	+6.2%
10Y	26.9%	19.8%	+7.1%

Measures how much net profit Summit State Bank earns for each $1 of revenue.

Revenue is the amount of profit Summit State Bank 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 Summit State Bank 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 Summit State Bank 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, Summit State Bank makes more profit. This shows the investor how efficiently Summit State Bank is operating in general and compared to other companies in the same industry. Summit State Bank operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Summit State Bank. 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 Summit State Bank is 0.12. This means that Summit State Bank earned $0.12 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Summit State Bank sells assets (profit will increase while costs remain the same).
It won’t show what part of Summit State Bank 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 Summit State Bank

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 Summit State Bank = 1,900
Total revenue MRQ Summit State Bank = 15,333
$1,900 / $15,333 = 0.12 or 12.4%

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 Summit State Bank is using its assets to generate profit.

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

Let's take a look of the Return on Assets trends of Summit State Bank:

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%	-0.1%
TTM	0.2%	YOY	0.4%	-0.2%
TTM	0.2%	5Y	0.3%	-0.1%
5Y	0.3%	10Y	0.3%	+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	0.4%	0.2%	+0.2%
5Y	0.3%	0.2%	+0.1%
10Y	0.3%	0.2%	+0.1%

Shows how efficient Summit State Bank 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 Summit State Bank 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 Summit State Bank is using its resources to generate profit. If the return on assets (0.2%) from Summit State Bank are higher than the Banks - Regional mean (0.1%) that means Summit State Bank 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 Summit State Bank 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

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

Income statement
Balance sheet

Net income MRQ (income statement) from Summit State Bank = 1,900
Total assets MRQ (balance sheet) from Summit State Bank = 1,125,975
1,900 / 1,125,975 = 0.00 or 0.2%

ROA is an important ratio as it will tell you how effectively Summit State Bank 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 Summit State Bank is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Summit State Bank to the Banks - Regional industry mean.
1.9% Return on Equity means Summit State Bank generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Summit State Bank:

The MRQ is 1.9%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.9%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.9%	TTM	2.9%	-0.9%
TTM	2.9%	YOY	5.0%	-2.1%
TTM	2.9%	5Y	3.7%	-0.8%
5Y	3.7%	10Y	2.9%	+0.8%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	1.9%	1.4%	+0.5%
TTM	2.9%	2.5%	+0.4%
YOY	5.0%	2.7%	+2.3%
5Y	3.7%	2.5%	+1.2%
10Y	2.9%	2.8%	+0.1%

Shows how efficient Summit State Bank 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 Summit State Bank 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 Summit State Bank is 1.9%. This means Summit State Bank 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank up to 10 years back (depending if Summit State Bank 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 Summit State Bank

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Summit State Bank = 1,900
Shareholders equity (balance sheet) MRQ Summit State Bank = 97,678
1,900 / 97,678 = 0.02 or 1.9%

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 Summit State Bank.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Summit State Bank is operating .

Measures how much profit Summit State Bank 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 Summit State Bank to the Banks - Regional industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Summit State Bank:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	16.0%	-16.0%
TTM	16.0%	YOY	61.1%	-45.0%
TTM	16.0%	5Y	51.9%	-35.9%
5Y	51.9%	10Y	50.7%	+1.3%

Measures how efficient Summit State Bank 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 Summit State Bank 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 Summit State Bank 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 Summit State Bank is 0.0%. This means that Summit State Bank earned $0.00 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Summit State Bank = 13,280
Total revenue MRQ Summit State Bank = 15,333
$13,280 / $15,333 = 0.00 or 0.0%

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 Summit State Bank 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 Summit State Bank:

The MRQ is 0.134. The company is very efficient in keeping operating costs low. +2
The TTM is -0.280.

Trends

Current period		Compared to		+/-
MRQ	0.134	TTM	-0.280	+0.414
TTM	-0.280	YOY	-0.389	+0.109
TTM	-0.280	5Y	-0.369	+0.088
5Y	-0.369	10Y	-0.398	+0.029

Measures how efficient Summit State Bank 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 Summit State Bank 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 Summit State Bank is 13.4%. This means that Summit State Bank 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

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 +2,052) \ 15,333 = 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 Summit State Bank.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Summit State Bank 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 0.07 means the company has $0.07 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Summit State Bank:

The MRQ is 0.066. The company is unable to pay all its short-term debts. -2
The TTM is 13.194. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	0.066	TTM	13.194	-13.128
TTM	13.194	YOY	21.510	-8.316
TTM	13.194	5Y	101.067	-87.873
5Y	101.067	10Y	146.574	-45.506

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	13.194	0.124	+13.070
YOY	21.510	0.225	+21.285
5Y	101.067	0.219	+100.848
10Y	146.574	0.131	+146.443

Measures if Summit State Bank 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 Summit State Bank 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 Summit State Bank is 0.07. This means Summit State Bank has $0.07 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
61,492 \ 926,183) = 0.07

The current ratio measures if Summit State Bank 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 Summit State Bank 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 Summit State Bank 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 Summit State Bank 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 Summit State Bank is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Summit State Bank to the Banks - Regional industry mean.
A Quick Ratio of 0.03 means the company can pay off $0.03 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Summit State Bank:

The MRQ is 0.029. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 18.357. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.029	TTM	18.357	-18.328
TTM	18.357	YOY	31.841	-13.484
TTM	18.357	5Y	34.213	-15.856
5Y	34.213	10Y	77.039	-42.826

Measures if Summit State Bank 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 Summit State Bank 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 Summit State Bank can pay off its short term debts. This shows if Summit State Bank 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 Summit State Bank is 0.03. This means that Summit State Bank can pay off $0.03 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

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 Summit State Bank: (-57,789 + 84,546 +0) / 926,183 = 0.03

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 Summit State Bank.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Summit State Bank assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Summit State Bank to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.91 means that Summit State Bank assets are financed with 91.3% credit (debt) and the remaining percentage (100% - 91.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Summit State Bank:

The MRQ is 0.913. The company is just able to pay all its debts by selling its assets.
The TTM is 0.917. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.913	TTM	0.917	-0.004
TTM	0.917	YOY	0.917	+0.000
TTM	0.917	5Y	0.912	+0.005
5Y	0.912	10Y	0.896	+0.015

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.913	0.915	-0.002
TTM	0.917	0.917	+0.000
YOY	0.917	0.919	-0.002
5Y	0.912	0.919	-0.007
10Y	0.896	0.927	-0.031

Measures how much % of Summit State Bank assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Summit State Bank than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Summit State Bank 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 Summit State Bank is 0.91. This means means that Summit State Bank is financed with 91.3% 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Summit State Bank

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

Balance sheet
Debt to asset ratio = total debt \ total assets
1,028,297 \ 1,125,975 = 91.3% or 0.91.

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 Summit State Bank is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Summit State Bank to the Banks - Regional industry mean.
A Debt to Equity ratio of 1,052.7% means that company has $10.53 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Summit State Bank:

The MRQ is 10.527. The company is unable to pay all its debts with equity. -1
The TTM is 11.107. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	10.527	TTM	11.107	-0.580
TTM	11.107	YOY	11.070	+0.037
TTM	11.107	5Y	10.404	+0.703
5Y	10.404	10Y	8.981	+1.423

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	10.527	10.829	-0.302
TTM	11.107	11.013	+0.094
YOY	11.070	11.363	-0.293
5Y	10.404	11.437	-1.033
10Y	8.981	13.038	-4.057

Measures if Summit State Bank 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 Summit State Bank 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 Summit State Bank is 10.53. This means that Summit State Bank can pay off $10.53 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,028,297 \ 97,678 = 10.53 or 1,052.7%

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 Summit State Bank

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 Summit State Bank generates.

Above 15 is considered overpriced but always compare Summit State Bank to the Banks - Regional industry mean.
A PE ratio of 10.98 means the investor is paying $10.98 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Summit State Bank:

The EOD is 8.926. Based on the earnings, the company is underpriced. +1
The MRQ is 10.980. Based on the earnings, the company is underpriced. +1
The TTM is 10.056. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	8.926	MRQ	10.980	-2.053
MRQ	10.980	TTM	10.056	+0.924
TTM	10.056	YOY	6.170	+3.885
TTM	10.056	5Y	8.706	+1.349
5Y	8.706	10Y	13.978	-5.271

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	8.926	7.548	+1.378
MRQ	10.980	6.680	+4.300
TTM	10.056	5.295	+4.761
YOY	6.170	6.943	-0.773
5Y	8.706	9.770	-1.064
10Y	13.978	9.943	+4.035

Measures how much money you pay for each share for every $1 in earnings Summit State Bank 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 Summit State Bank 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 Summit State Bank is 10.98. This means the investor is paying $10.98 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 Summit State Bank is performing over time. The most recent quarter might be important if Summit State Bank 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 Summit State Bank 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 Summit State Bank

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 \ 6,698 = EPS
PE ratio MRQ = 10.98

* 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 Summit State Bank:

The EOD is -16.842. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -20.716. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -8.306. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-16.842	MRQ	-20.716	+3.874
MRQ	-20.716	TTM	-8.306	-12.410
TTM	-8.306	YOY	1.290	-9.596
TTM	-8.306	5Y	3.430	-11.737
5Y	3.430	10Y	15.806	-12.376

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	-16.842	-2.110	-14.732
MRQ	-20.716	-1.868	-18.848
TTM	-8.306	-0.342	-7.964
YOY	1.290	6.448	-5.158
5Y	3.430	0.429	+3.001
10Y	15.806	0.091	+15.715

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Summit State Bank 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 0.85 means the investor is paying $0.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Summit State Bank:

The EOD is 0.695. Based on the equity, the company is cheap. +2
The MRQ is 0.854. Based on the equity, the company is cheap. +2
The TTM is 1.030. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	0.695	MRQ	0.854	-0.160
MRQ	0.854	TTM	1.030	-0.176
TTM	1.030	YOY	1.246	-0.215
TTM	1.030	5Y	1.179	-0.149
5Y	1.179	10Y	1.326	-0.147

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	0.695	0.436	+0.259
MRQ	0.854	0.386	+0.468
TTM	1.030	0.470	+0.560
YOY	1.246	0.642	+0.604
5Y	1.179	0.795	+0.384
10Y	1.326	1.025	+0.301

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Summit State Bank.

3.1. Institutions holding Summit State Bank

Institutions are holding 20.707% of the shares of Summit State Bank.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Banc Funds Co LLC	6.4768	0.5328	439395	0	0
2023-12-31	Vanguard Group Inc	4.0967	0.0001	277924	0	0
2023-12-31	CALDWELL SUTTER CAPITAL INC	3.0624	1.297	207755	9799	4.9501
2023-12-31	Traverso Chambers Private Wealth Management, LLC	1.2981	0.2567	88065	0	0
2023-12-31	Dimensional Fund Advisors, Inc.	1.0014	0.0002	67933	1112	1.6641
2023-12-31	Bridgeway Capital Management, LLC	0.882	0.0154	59836	1799	3.0997
2023-12-31	Benedetti & Gucer, Inc.	0.7136	0.3121	48414	452	0.9424
2023-12-31	Geode Capital Management, LLC	0.6887	0.0001	46723	0	0
2023-12-31	SALZHAUER MICHAEL	0.6367	0.4514	43197	1400	3.3495
2023-12-31	Empowered Funds, LLC	0.3098	0.0063	21016	1799	9.3615
2023-12-31	State Street Corporation	0.2053	0	13928	0	0
2023-12-31	BlackRock Inc	0.1966	0	13340	-150	-1.1119
2023-12-31	Northern Trust Corp	0.1853	0	12573	12573	0
2023-12-31	Advisor Group Holdings, Inc.	0.0867	0.0001	5880	0	0
2023-12-31	Morgan Stanley - Brokerage Accounts	0.086	0	5837	221	3.9352
2023-12-31	Tower Research Capital LLC	0.0221	0.0002	1498	-660	-30.5839
2023-12-31	UBS Group AG	0.0095	0	645	476	281.6568
2023-12-31	AJOVista LLC	0.0086	0.0091	585	585	0
2023-12-31	Wells Fargo & Co	0.0005	0	37	2	5.7143
2023-09-30	Capital Advisors, Ltd. LLC	0.0001	0	9	0	0
Total		19.9669	2.8815	1354590	+29408	+2.2%

3.2. Funds holding Summit State Bank

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.675	0.0001	181477	0	0
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.2416	0.0009	84229	0	0
2024-02-29	Fidelity Extended Market Index	0.3745	0.0007	25408	-123	-0.4818
2023-12-31	Bridgeway Omni Small-Cap Value N	0.3095	0.0197	21000	0	0
2023-12-31	Bridgeway Omni Small-Cap Value	0.3095	0.0196	21000	0	0
2023-12-31	Bridgeway Ultra-Small Company Market	0.2627	0.1151	17820	0	0
2024-02-29	DFA US Core Equity 2 I	0.2184	0.0005	14814	0	0
2024-03-28	iShares Micro-Cap ETF	0.1689	0.0135	11457	0	0
2024-02-29	DFA US Small Cap Value I	0.1503	0.0007	10197	0	0
2024-02-29	Fidelity Total Market Index	0.13	0.0001	8818	0	0
2024-02-29	DFA US Core Equity 1 I	0.1234	0.0003	8370	0	0
2024-03-29	Dimensional US Core Equity 2 ETF	0.1197	0.0003	8120	0	0
2024-02-29	Fidelity Series Total Market Index	0.0926	0.0001	6283	0	0
2024-02-29	Vanguard Balanced Index Inv	0.0859	0.0001	5830	0	0
2024-02-29	DFA US Vector Equity I	0.0687	0.0011	4662	0	0
2024-02-29	Vanguard Instl Ttl Stk Mkt Idx InstlPls	0.0644	0.0002	4372	0	0
2023-10-31	Vanguard Instl Ttl Stck Mkt Idx Tr	0.0644	0.0002	4372	-177105	-97.5909
2023-12-31	NT Ext Equity Mkt Idx Fd - L	0.0566	0.0008	3843	0	0
2023-12-31	Northern Trust Extended Eq Market Idx	0.0566	0.0008	3843	0	0
2024-02-29	Fidelity Nasdaq Composite Index	0.0552	0.0003	3743	0	0
Total		6.6279	0.1751	449658	-177228	-39.4%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Summit State Bank 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	-	-	0.625	0.337	+86%	0.157	+298%	0.266	+134%	0.133	+370%
Book Value Per Share	-	-	14.398	13.938	+3%	12.579	+14%	11.724	+23%	10.407	+38%
Current Ratio	-	-	0.066	13.194	-99%	21.510	-100%	101.067	-100%	146.574	-100%
Debt To Asset Ratio	-	-	0.913	0.917	0%	0.917	0%	0.912	+0%	0.896	+2%
Debt To Equity Ratio	-	-	10.527	11.107	-5%	11.070	-5%	10.404	+1%	8.981	+17%
Dividend Per Share	-	-	0.119	0.120	0%	0.119	+0%	0.113	+6%	0.103	+16%
Eps	-	-	0.280	0.399	-30%	0.636	-56%	0.440	-36%	0.314	-11%
Free Cash Flow Per Share	-	-	-0.148	-0.097	-35%	0.499	-130%	0.513	-129%	0.332	-145%
Free Cash Flow To Equity Per Share	-	-	-3.384	0.006	-55094%	5.670	-160%	3.773	-190%	2.486	-236%
Gross Profit Margin	-	-	0.837	0.879	-5%	0.913	-8%	0.910	-8%	0.872	-4%
Intrinsic Value_10Y_max	-	-	21.093	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-12.767	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	2.951	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	0.891	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	8.229	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	0.812	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	12.738	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-1.308	-	-	-	-	-	-	-	-
Market Cap	67841000.000	-23%	83444430.000	97222937.100	-14%	106222045.750	-21%	93631095.355	-11%	92058235.691	-9%
Net Profit Margin	-	-	0.124	0.209	-41%	0.342	-64%	0.290	-57%	0.269	-54%
Operating Margin	-	-	-	0.160	-100%	0.611	-100%	0.519	-100%	0.507	-100%
Operating Ratio	-	-	0.134	-0.280	+310%	-0.389	+391%	-0.369	+376%	-0.398	+397%
Pb Ratio	0.695	-23%	0.854	1.030	-17%	1.246	-31%	1.179	-28%	1.326	-36%
Pe Ratio	8.926	-23%	10.980	10.056	+9%	6.170	+78%	8.706	+26%	13.978	-21%
Price Per Share	10.000	-23%	12.300	14.331	-14%	15.658	-21%	13.802	-11%	13.570	-9%
Price To Free Cash Flow Ratio	-16.842	+19%	-20.716	-8.306	-60%	1.290	-1706%	3.430	-704%	15.806	-231%
Price To Total Gains Ratio	13.437	-23%	16.527	-118.640	+818%	190.824	-91%	41.373	-60%	25.874	-36%
Quick Ratio	-	-	0.029	18.357	-100%	31.841	-100%	34.213	-100%	77.039	-100%
Return On Assets	-	-	0.002	0.002	-29%	0.004	-59%	0.003	-48%	0.003	-41%
Return On Equity	-	-	0.019	0.029	-32%	0.050	-61%	0.037	-48%	0.029	-33%
Total Gains Per Share	-	-	0.744	0.456	+63%	0.276	+170%	0.379	+96%	0.236	+216%
Usd Book Value	-	-	97678000.000	94554250.000	+3%	85334750.000	+14%	79537550.000	+23%	70605425.000	+38%
Usd Book Value Change Per Share	-	-	0.625	0.337	+86%	0.157	+298%	0.266	+134%	0.133	+370%
Usd Book Value Per Share	-	-	14.398	13.938	+3%	12.579	+14%	11.724	+23%	10.407	+38%
Usd Dividend Per Share	-	-	0.119	0.120	0%	0.119	+0%	0.113	+6%	0.103	+16%
Usd Eps	-	-	0.280	0.399	-30%	0.636	-56%	0.440	-36%	0.314	-11%
Usd Free Cash Flow	-	-	-1007000.000	-655000.000	-35%	3385750.000	-130%	3479400.000	-129%	2251825.000	-145%
Usd Free Cash Flow Per Share	-	-	-0.148	-0.097	-35%	0.499	-130%	0.513	-129%	0.332	-145%
Usd Free Cash Flow To Equity Per Share	-	-	-3.384	0.006	-55094%	5.670	-160%	3.773	-190%	2.486	-236%
Usd Market Cap	67841000.000	-23%	83444430.000	97222937.100	-14%	106222045.750	-21%	93631095.355	-11%	92058235.691	-9%
Usd Price Per Share	10.000	-23%	12.300	14.331	-14%	15.658	-21%	13.802	-11%	13.570	-9%
Usd Profit	-	-	1900000.000	2705499.750	-30%	4242000.000	-55%	2974049.950	-36%	2127074.975	-11%
Usd Revenue	-	-	15333000.000	13114000.000	+17%	12407000.000	+24%	10224400.000	+50%	7714850.000	+99%
Usd Total Gains Per Share	-	-	0.744	0.456	+63%	0.276	+170%	0.379	+96%	0.236	+216%
	EOD	+3 -5	MRQ	TTM	+14 -22	YOY	+15 -21	5Y	+13 -23	10Y	+14 -22

4.2. Fundamental Score

Let's check the fundamental score of Summit State Bank based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	8.926
Price to Book Ratio (EOD)	Between	0-1	0.695
Net Profit Margin (MRQ)	Greater than	0	0.124
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.029
Current Ratio (MRQ)	Greater than	1	0.066
Debt to Asset Ratio (MRQ)	Less than	1	0.913
Debt to Equity Ratio (MRQ)	Less than	1	10.527
Return on Equity (MRQ)	Greater than	0.15	0.019
Return on Assets (MRQ)	Greater than	0.05	0.002
Total			4/10 (40.0%)

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 Summit State Bank based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	45.267
Ma 20	Greater than	Ma 50	10.206
Ma 50	Greater than	Ma 100	10.574
Ma 100	Greater than	Ma 200	11.294
Open	Greater than	Close	10.000
Total			0/5 (0.0%)

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
Cash and Short Term Investments		161,352	-44,783	116,569	79,436	196,005	-29,116	166,889	-224,678	-57,789

Latest Balance Sheet

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

Summary

Total Assets	1,125,975
Total Liabilities	1,028,297
Total Stockholder Equity	97,678

	As reported
Total Liabilities	1,028,297
Total Stockholder Equity	+ 97,678
Total Assets	= 1,125,975

Assets

Total Assets	1,125,975
Total Current Assets	61,492
Long-term Assets	1,064,483

Total Current Assets

Total Current Assets (as reported)	61,492
Cash And Cash Equivalents	57,789
Short-term Investments	84,546
Total Current Assets (calculated)	142,335
+/-	80,843

Long-term Assets

Long-term Assets (as reported)	1,064,483
Property Plant Equipment	6,239
Goodwill	4,119
Long Term Investments	92,951
Long-term Assets Other	1,030,641
Long-term Assets (calculated)	1,133,950
+/-	69,467

Liabilities & Shareholders' Equity

Total Current Liabilities	926,183
Long-term Liabilities	102,114
Total Stockholder Equity	97,678

Total Current Liabilities

Total Current Liabilities (as reported)	926,183
Short-term Debt	453
Other Current Liabilities	925,730
Total Current Liabilities (calculated)	926,183
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	102,114
Long term Debt	5,920
Long-term Liabilities (calculated)	5,920
+/-	96,194

Total Stockholder Equity

Total Stockholder Equity (as reported)	97,678
Common Stock	37,471
Retained Earnings	68,957
Accumulated Other Comprehensive Income	-8,750
Total Stockholder Equity (calculated)	97,678
+/-	0

Other

Capital Stock	37,471
Cash and Short Term Investments	-57,789
Common Stock Shares Outstanding	6,698
Liabilities and Stockholders Equity	1,125,975
Net Debt	-50,875
Net Invested Capital	103,598
Net Working Capital	-864,691
Property Plant and Equipment Gross	13,881
Short Long Term Debt Total	6,914

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

> Total Assets

0
0
0
345,738
286,721
299,409
303,546
312,950
323,300
330,800
338,017
340,193
334,219
341,798
349,786
364,580
362,104
355,919
347,100
340,400
350,148
360,974
353,016
347,933
374,118
383,524
395,082
387,625
406,830
407,059
429,722
444,896
438,266
432,067
459,272
454,074
460,133
463,470
463,376
459,675
474,375
492,283
505,564
513,365
522,182
518,278
513,666
513,704
524,537
537,482
538,993
610,864
576,983
585,950
595,243
622,104
626,290
635,622
680,840
695,978
721,645
850,659
833,808
865,854
886,143
901,643
922,592
958,080
982,287
980,785
1,043,812
1,115,343
1,147,023
1,161,409
1,142,174
1,125,975

1,125,975

1,142,174

1,161,409

1,147,023

1,115,343

1,043,812

980,785

982,287

958,080

922,592

901,643

886,143

865,854

833,808

850,659

721,645

695,978

680,840

635,622

626,290

622,104

595,243

585,950

576,983

610,864

538,993

537,482

524,537

513,704

513,666

518,278

522,182

513,365

505,564

492,283

474,375

459,675

463,376

463,470

460,133

454,074

459,272

432,067

438,266

444,896

429,722

407,059

406,830

387,625

395,082

383,524

374,118

347,933

353,016

360,974

350,148

340,400

347,100

355,919

362,104

364,580

349,786

341,798

334,219

340,193

338,017

330,800

323,300

312,950

303,546

299,409

286,721

345,738

> Total Current Assets

0
0
0
308,420
33,324
260,213
260,006
269,827
0
0
4,047
17,188
278,768
284,155
296,611
311,462
308,727
312,053
0
301,160
309,563
313,185
310,234
302,868
301,730
304,373
304,166
288,115
300,320
305,872
319,528
309,903
304,377
302,274
322,428
315,324
321,650
321,822
320,218
315,053
324,048
348,880
364,186
369,161
389,495
398,435
391,522
388,425
383,353
395,198
425,314
514,712
485,168
495,771
510,446
534,017
537,124
557,331
603,730
623,319
653,096
779,877
763,559
787,789
807,108
824,587
843,898
122,977
150,093
128,124
135,867
187,319
120,637
221,517
194,954
61,492

61,492

194,954

221,517

120,637

187,319

135,867

128,124

150,093

122,977

843,898

824,587

807,108

787,789

763,559

779,877

653,096

623,319

603,730

557,331

537,124

534,017

510,446

495,771

485,168

514,712

425,314

395,198

383,353

388,425

391,522

398,435

389,495

369,161

364,186

348,880

324,048

315,053

320,218

321,822

321,650

315,324

322,428

302,274

304,377

309,903

319,528

305,872

300,320

288,115

304,166

304,373

301,730

302,868

310,234

313,185

309,563

301,160

312,053

308,727

311,462

296,611

284,155

278,768

17,188

4,047

269,827

260,006

260,213

33,324

308,420

Cash And Cash Equivalents

0
0
0
3,821
29,705
5,950
4,865
10,606
0
0
0
12,805
5,240
4,781
3,783
3,650
2,675
2,364
0
2,933
4,410
4,610
5,119
4,542
9,486
20,702
19,169
8,290
18,771
21,979
24,893
22,956
17,865
21,699
22,414
18,113
20,178
19,465
21,244
22,553
23,661
22,085
25,030
16,327
21,871
22,027
20,338
24,479
21,072
20,175
20,388
68,814
18,901
23,660
20,924
21,693
18,628
12,104
36,979
38,299
36,493
67,954
24,257
30,826
46,949
56,143
37,772
40,699
65,897
36,616
42,818
77,567
116,569
112,412
86,604
57,789

57,789

86,604

112,412

116,569

77,567

42,818

36,616

65,897

40,699

37,772

56,143

46,949

30,826

24,257

67,954

36,493

38,299

36,979

12,104

18,628

21,693

20,924

23,660

18,901

68,814

20,388

20,175

21,072

24,479

20,338

22,027

21,871

16,327

25,030

22,085

23,661

22,553

21,244

19,465

20,178

18,113

22,414

21,699

17,865

22,956

24,893

21,979

18,771

8,290

19,169

20,702

9,486

4,542

5,119

4,610

4,410

2,933

2,364

2,675

3,650

3,783

4,781

5,240

12,805

10,606

4,865

5,950

29,705

3,821

Short-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
7,940
0
0
0
0
0
0
0
125,714
107,706
105,129
111,958
113,568
113,016
116,094
119,208
124,723
133,483
127,631
125,681
128,599
116,966
96,223
104,564
107,771
123,598
124,774
96,248
78,770
74,502
72,921
67,372
70,174
70,690
59,853
58,657
54,241
58,160
60,472
60,001
67,952
68,973
67,096
68,803
69,367
63,332
69,926
68,694
83,785
0
83,593
80,285
84,546

84,546

80,285

83,593

83,785

68,694

69,926

63,332

69,367

68,803

67,096

68,973

67,952

60,001

60,472

58,160

54,241

58,657

59,853

70,690

70,174

67,372

72,921

74,502

78,770

96,248

124,774

123,598

107,771

104,564

96,223

116,966

128,599

125,681

127,631

133,483

124,723

119,208

116,094

113,016

113,568

111,958

105,129

107,706

125,714

7,940

Net Receivables

0
0
0
3,620
3,619
4,294
4,262
4,205
0
0
4,047
4,383
4,227
4,467
5,020
5,225
5,329
6,677
0
7,009
6,521
7,832
6,809
7,374
9,450
8,687
6,695
6,598
7,097
5,230
4,207
3,960
5,059
6,529
7,274
7,195
5,590
4,855
4,513
3,950
3,409
4,707
4,130
4,916
3,370
3,293
3,183
4,223
4,324
3,959
4,201
3,219
3,926
5,170
5,018
4,690
5,422
5,212
9,287
5,130
11,861
6,686
9,014
7,595
6,790
10,145
9,302
12,911
20,864
21,582
24,355
25,967
0
25,512
28,065
0

28,065

25,512

25,967

24,355

21,582

20,864

12,911

9,302

10,145

6,790

7,595

9,014

6,686

11,861

5,130

9,287

5,212

5,422

4,690

5,018

5,170

3,926

3,219

4,201

3,959

4,324

4,223

3,183

3,293

3,370

4,916

4,130

4,707

3,409

3,950

4,513

4,855

5,590

7,195

7,274

6,529

5,059

3,960

4,207

5,230

7,097

6,598

6,695

8,687

9,450

7,374

6,809

7,832

6,521

7,009

6,677

5,329

5,225

5,020

4,467

4,227

4,383

4,047

4,205

4,262

4,294

3,619

3,620

Other Current Assets

0
0
0
300,979
0
249,969
250,879
255,016
0
0
0
0
269,301
274,907
287,808
302,587
300,723
303,012
0
291,218
298,632
300,743
298,306
290,952
282,794
274,984
278,302
273,227
274,452
278,663
290,428
157,273
173,747
168,917
180,782
176,448
182,866
181,408
175,253
163,827
163,495
194,457
209,345
219,319
247,288
276,892
263,437
251,952
234,359
246,290
304,477
363,909
387,839
394,020
417,132
437,460
442,384
480,162
498,807
525,649
546,582
644,765
670,287
681,416
684,396
691,203
728,021
12,911
2,947
39,496
46,059
81,257
120,637
116,162
90,438
61,492

61,492

90,438

116,162

120,637

81,257

46,059

39,496

2,947

12,911

728,021

691,203

684,396

681,416

670,287

644,765

546,582

525,649

498,807

480,162

442,384

437,460

417,132

394,020

387,839

363,909

304,477

246,290

234,359

251,952

263,437

276,892

247,288

219,319

209,345

194,457

163,495

163,827

175,253

181,408

182,866

176,448

180,782

168,917

173,747

157,273

290,428

278,663

274,452

273,227

278,302

274,984

282,794

290,952

298,306

300,743

298,632

291,218

303,012

300,723

302,587

287,808

274,907

269,301

255,016

250,879

249,969

300,979

> Long-term Assets

0
0
0
37,318
12,625
39,196
43,540
43,123
0
100
12,696
4,119
55,451
57,643
53,175
53,118
53,377
43,866
0
39,240
40,585
47,789
42,782
45,065
72,388
79,151
90,916
99,510
106,510
101,187
110,194
134,993
133,889
129,793
136,844
138,750
138,483
141,648
143,158
144,622
150,327
143,403
141,378
144,204
132,687
119,843
122,144
125,279
141,184
142,284
113,679
96,152
91,815
90,179
84,797
88,087
89,166
78,291
77,110
72,659
68,549
70,782
70,249
78,065
79,035
77,056
78,694
79,163
73,035
79,585
78,322
93,365
1,026,386
93,138
89,738
1,064,483

1,064,483

89,738

93,138

1,026,386

93,365

78,322

79,585

73,035

79,163

78,694

77,056

79,035

78,065

70,249

70,782

68,549

72,659

77,110

78,291

89,166

88,087

84,797

90,179

91,815

96,152

113,679

142,284

141,184

125,279

122,144

119,843

132,687

144,204

141,378

143,403

150,327

144,622

143,158

141,648

138,483

138,750

136,844

129,793

133,889

134,993

110,194

101,187

106,510

99,510

90,916

79,151

72,388

45,065

42,782

47,789

40,585

39,240

43,866

53,377

53,118

53,175

57,643

55,451

4,119

12,696

100

43,123

43,540

39,196

12,625

37,318

Property Plant Equipment

0
0
0
8,652
8,506
8,406
8,290
8,175
8,200
8,500
8,577
0
8,291
8,112
7,899
7,816
7,695
7,697
7,800
7,721
7,574
7,493
7,403
7,304
7,185
7,028
6,883
6,731
6,596
6,452
5,325
5,160
5,009
4,987
5,209
5,505
5,790
5,877
5,880
5,803
5,744
5,667
5,591
5,498
5,613
5,540
5,487
5,413
5,489
5,411
5,330
5,279
5,208
5,151
5,316
5,803
6,364
6,324
6,338
6,301
6,270
6,191
6,129
5,994
5,943
5,841
5,772
5,677
5,584
5,540
5,509
5,461
6,751
5,426
5,334
6,239

6,239

5,334

5,426

6,751

5,461

5,509

5,540

5,584

5,677

5,772

5,841

5,943

5,994

6,129

6,191

6,270

6,301

6,338

6,324

6,364

5,803

5,316

5,151

5,208

5,279

5,330

5,411

5,489

5,413

5,487

5,540

5,613

5,498

5,591

5,667

5,744

5,803

5,880

5,877

5,790

5,505

5,209

4,987

5,009

5,160

5,325

6,452

6,596

6,731

6,883

7,028

7,185

7,304

7,403

7,493

7,574

7,721

7,800

7,697

7,695

7,816

7,899

8,112

8,291

8,577

8,500

8,200

8,175

8,290

8,406

8,506

8,652

Goodwill

0
0
0
0
0
4,119
4,119
4,119
0
0
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119

4,119

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
137,401
0
0
0
137,288
0
0
0
118,832
134,661
135,839
107,315
89,839
85,573
83,994
78,447
81,250
78,683
67,848
66,653
62,239
58,160
60,472
60,001
67,952
68,973
67,096
68,803
69,367
63,332
69,926
68,694
83,785
0
83,593
80,285
92,951

92,951

80,285

83,593

83,785

68,694

69,926

63,332

69,367

68,803

67,096

68,973

67,952

60,001

60,472

58,160

62,239

66,653

67,848

78,683

81,250

78,447

83,994

85,573

89,839

107,315

135,839

134,661

118,832

137,288

137,401

Intangible Assets

0
0
0
4,119
4,119
0
0
0
0
0
0
0
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
4,119
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

4,119

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
81,768
71,189
69,995
65,581
61,502
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

61,502

65,581

69,995

71,189

81,768

Other Assets

0
0
0
383,056
240,772
338,605
347,086
356,073
323,300
330,700
321,274
318,886
389,670
399,441
402,961
417,698
415,481
399,785
347,100
379,640
390,733
408,763
395,798
392,998
446,506
462,675
485,998
487,135
513,340
508,246
539,916
579,889
572,155
561,860
596,116
592,824
598,616
605,118
606,534
604,297
624,702
635,686
646,942
657,569
654,869
638,121
635,810
638,983
665,721
679,766
652,672
707,016
668,798
676,129
680,040
710,191
715,456
713,913
757,950
768,637
790,194
921,441
904,057
943,919
965,178
978,699
1,001,286
755,940
759,159
773,076
829,623
834,659
0
846,754
857,482
0

857,482

846,754

834,659

829,623

773,076

759,159

755,940

1,001,286

978,699

965,178

943,919

904,057

921,441

790,194

768,637

757,950

713,913

715,456

710,191

680,040

676,129

668,798

707,016

652,672

679,766

665,721

638,983

635,810

638,121

654,869

657,569

646,942

635,686

624,702

604,297

606,534

605,118

598,616

592,824

596,116

561,860

572,155

579,889

539,916

508,246

513,340

487,135

485,998

462,675

446,506

392,998

395,798

408,763

390,733

379,640

347,100

399,785

415,481

417,698

402,961

399,441

389,670

318,886

321,274

330,700

323,300

356,073

347,086

338,605

240,772

383,056

> Total Liabilities

0
0
0
318,695
259,288
271,740
255,955
265,138
275,100
282,900
289,785
292,478
286,717
294,521
303,433
309,033
306,341
300,264
291,200
284,895
294,489
304,873
296,779
292,624
318,813
327,199
333,732
326,616
346,453
345,758
367,573
382,026
374,833
370,828
398,000
392,444
396,876
398,479
397,620
392,095
404,839
423,034
448,575
456,040
463,604
458,820
453,387
455,082
465,232
477,043
478,509
551,187
517,260
525,751
534,744
560,584
562,925
570,881
614,336
628,634
653,444
779,423
760,384
790,225
810,634
822,666
840,609
873,798
898,579
896,121
959,391
1,026,797
1,054,358
1,066,974
1,048,735
1,028,297

1,028,297

1,048,735

1,066,974

1,054,358

1,026,797

959,391

896,121

898,579

873,798

840,609

822,666

810,634

790,225

760,384

779,423

653,444

628,634

614,336

570,881

562,925

560,584

534,744

525,751

517,260

551,187

478,509

477,043

465,232

455,082

453,387

458,820

463,604

456,040

448,575

423,034

404,839

392,095

397,620

398,479

396,876

392,444

398,000

370,828

374,833

382,026

367,573

345,758

346,453

326,616

333,732

327,199

318,813

292,624

296,779

304,873

294,489

284,895

291,200

300,264

306,341

309,033

303,433

294,521

286,717

292,478

289,785

282,900

275,100

265,138

255,955

271,740

259,288

318,695

> Total Current Liabilities

0
0
0
6,740
0
14,466
0
0
700
1,000
0
0
0
0
0
0
0
0
1,000
0
0
0
0
0
0
1,787
2,189
808
0
905
1,151
1,022
2,579
2,221
2,756
2,676
1,062
1,009
1,724
1,836
1,627
1,929
2,969
2,994
2,703
8,070
3,177
1,931
2,286
2,012
2,133
2,674
2,202
1,633
2,192
2,595
2,970
3,462
3,348
3,335
4,273
5,581
5,185
4,554
3,904
4,329
5,715
7,807
5,677
5,693
6,125
12,560
535,708
8,310
7,548
926,183

926,183

7,548

8,310

535,708

12,560

6,125

5,693

5,677

7,807

5,715

4,329

3,904

4,554

5,185

5,581

4,273

3,335

3,348

3,462

2,970

2,595

2,192

1,633

2,202

2,674

2,133

2,012

2,286

1,931

3,177

8,070

2,703

2,994

2,969

1,929

1,627

1,836

1,724

1,009

1,062

2,676

2,756

2,221

2,579

1,022

1,151

905

808

2,189

1,787

1,000

700

14,466

6,740

Short-term Debt

0
0
0
5,175
0
14,466
0
0
100
100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
35,000
0
0
0
55,800
0
0
0
68,900
62,800
67,000
34,100
15,000
11,200
6,800
28,500
56,800
4,700
29,300
0
45,600
0
0
0
0
0
0
0
0
0
36,013
51,154
18,480
484
487
480
453

453

480

487

484

18,480

51,154

36,013

45,600

29,300

4,700

56,800

28,500

6,800

11,200

15,000

34,100

67,000

62,800

68,900

55,800

35,000

100

14,466

5,175

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
35,000
0
0
0
55,800
0
0
0
68,900
62,800
67,000
34,100
15,000
11,200
6,800
28,500
56,800
4,700
29,300
0
45,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

45,600

29,300

4,700

56,800

28,500

6,800

11,200

15,000

34,100

67,000

62,800

68,900

55,800

35,000

Accounts payable

0
0
0
1,565
0
0
0
0
600
900
0
0
234,915
229,637
257,914
252,763
250,000
256,355
1,000
264,253
274,894
285,076
283,892
279,977
300,108
1,787
2,189
808
324,603
905
1,151
1,022
2,579
2,221
2,756
2,676
1,062
1,009
1,724
1,836
1,627
1,929
2,969
2,994
2,703
8,070
3,177
1,931
2,286
2,012
2,133
2,674
2,202
1,633
2,192
2,595
2,970
3,462
3,348
3,335
4,273
5,581
5,185
4,554
3,904
4,329
5,715
7,807
5,677
5,693
6,125
12,560
0
8,310
7,548
0

7,548

8,310

12,560

6,125

5,693

5,677

7,807

5,715

4,329

3,904

4,554

5,185

5,581

4,273

3,335

3,348

3,462

2,970

2,595

2,192

1,633

2,202

2,674

2,133

2,012

2,286

1,931

3,177

8,070

2,703

2,994

2,969

1,929

1,627

1,836

1,724

1,009

1,062

2,676

2,756

2,221

2,579

1,022

1,151

905

324,603

808

2,189

1,787

300,108

279,977

283,892

285,076

274,894

264,253

1,000

256,355

250,000

252,763

257,914

229,637

234,915

900

600

1,565

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,000
0
0
0
0
0
0
-1,787
-2,189
-808
0
-905
-1,151
-1,022
-2,579
-2,221
-2,756
-2,676
-1,062
-1,009
-1,724
-1,836
-1,627
-1,929
-2,969
-2,994
-2,703
-8,070
-3,177
-1,931
-2,286
-2,012
-2,133
-2,674
-2,202
-1,633
-2,192
-2,595
-2,970
-3,462
-3,348
-3,335
-4,273
-5,581
-5,185
-4,554
-3,904
-4,329
-5,715
-7,807
-5,677
-5,693
-6,125
-12,560
535,224
-8,310
-7,548
925,730

925,730

-7,548

-8,310

535,224

-12,560

-6,125

-5,693

-5,677

-7,807

-5,715

-4,329

-3,904

-4,554

-5,185

-5,581

-4,273

-3,335

-3,348

-3,462

-2,970

-2,595

-2,192

-1,633

-2,202

-2,674

-2,133

-2,012

-2,286

-1,931

-3,177

-8,070

-2,703

-2,994

-2,969

-1,929

-1,627

-1,836

-1,724

-1,009

-1,062

-2,676

-2,756

-2,221

-2,579

-1,022

-1,151

-905

-808

-2,189

-1,787

-1,000

> Long-term Liabilities

0
0
0
10,200
20,796
20,200
29,920
31,460
700
1,000
0
85,200
50,781
64,045
44,740
55,420
52,320
42,950
1,000
20,120
19,000
19,000
12,000
12,000
17,100
12,000
7,000
13,750
21,000
16,000
34,000
40,000
30,000
28,100
43,200
48,500
37,400
38,200
31,000
35,000
37,000
61,700
52,000
55,800
53,800
55,000
67,500
68,900
62,800
67,000
34,100
15,000
11,200
6,800
28,500
56,800
4,700
35,162
5,858
51,462
75,165
64,369
67,173
59,376
59,380
54,384
85,887
54,391
54,395
5,693
6,125
12,560
518,650
5,913
5,916
102,114

102,114

5,916

5,913

518,650

12,560

6,125

5,693

54,395

54,391

85,887

54,384

59,380

59,376

67,173

64,369

75,165

51,462

5,858

35,162

4,700

56,800

28,500

6,800

11,200

15,000

34,100

67,000

62,800

68,900

67,500

55,000

53,800

55,800

52,000

61,700

37,000

35,000

31,000

38,200

37,400

48,500

43,200

28,100

30,000

40,000

34,000

16,000

21,000

13,750

7,000

12,000

17,100

12,000

19,000

20,120

1,000

42,950

52,320

55,420

44,740

64,045

50,781

85,200

1,000

700

31,460

29,920

20,200

20,796

10,200

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
0
0
0
0
0
0
0
5,862
5,858
5,862
5,865
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,865

5,862

5,858

5,862

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
1,021
839
779
850
4,021
959
999
522
595
797
887
647
1,605
1,787
2,189
808
850
905
1,151
1,022
2,579
2,221
2,756
2,676
1,062
1,009
1,724
1,836
1,627
1,929
2,969
2,994
2,703
8,070
3,177
1,931
2,286
2,012
2,133
2,674
2,056
1,457
1,991
2,336
1,531
280
2,001
2,057
3,199
4,437
3,774
2,872
2,386
2,851
4,244
6,503
10,968
10,565
4,752
4,677
0
0
0
0

4,677

4,752

10,565

10,968

6,503

4,244

2,851

2,386

2,872

3,774

4,437

3,199

2,057

2,001

280

1,531

2,336

1,991

1,457

2,056

2,674

2,133

2,012

2,286

1,931

3,177

8,070

2,703

2,994

2,969

1,929

1,627

1,836

1,724

1,009

1,062

2,676

2,756

2,221

2,579

1,022

1,151

905

850

808

2,189

1,787

1,605

647

887

797

595

522

999

959

4,021

850

779

839

1,021

> Total Stockholder Equity

0
0
0
27,043
27,433
27,670
47,591
47,812
48,200
47,900
48,232
47,715
47,502
47,277
46,353
55,547
55,763
55,655
55,900
55,505
55,659
56,101
56,237
55,309
55,305
56,325
61,350
61,009
60,377
61,301
62,149
62,870
63,433
61,239
61,272
61,630
63,257
64,991
65,756
67,580
69,536
69,249
56,989
57,325
58,578
59,458
60,279
58,622
59,305
60,439
60,484
59,677
59,723
60,199
60,499
61,520
63,365
64,741
66,504
67,344
68,201
71,236
73,424
75,629
75,509
78,977
81,983
84,282
83,708
84,664
84,421
88,546
92,665
94,435
93,439
97,678

97,678

93,439

94,435

92,665

88,546

84,421

84,664

83,708

84,282

81,983

78,977

75,509

75,629

73,424

71,236

68,201

67,344

66,504

64,741

63,365

61,520

60,499

60,199

59,723

59,677

60,484

60,439

59,305

58,622

60,279

59,458

58,578

57,325

56,989

69,249

69,536

67,580

65,756

64,991

63,257

61,630

61,272

61,239

63,433

62,870

62,149

61,301

60,377

61,009

61,350

56,325

55,305

55,309

56,237

56,101

55,659

55,505

55,900

55,655

55,763

55,547

46,353

47,277

47,502

47,715

48,232

47,900

48,200

47,812

47,591

27,670

27,433

27,043

Common Stock

0
0
0
0
0
17,402
36,724
36,698
37,000
37,000
36,957
0
36,238
36,244
36,238
36,251
36,256
36,262
36,300
36,275
36,281
36,289
36,300
36,311
36,322
36,332
36,341
36,352
36,364
36,376
36,387
36,396
36,459
36,466
36,571
36,608
36,615
36,631
36,640
36,646
36,683
36,691
36,698
36,704
36,711
36,722
36,725
36,726
36,766
36,785
36,847
36,847
36,967
36,967
36,967
36,967
36,974
36,974
36,981
36,981
36,981
36,981
36,981
36,981
36,981
36,981
37,014
37,014
37,014
37,014
37,145
37,179
37,217
37,301
37,389
37,471

37,471

37,389

37,301

37,217

37,179

37,145

37,014

36,981

36,974

36,967

36,847

36,785

36,766

36,726

36,725

36,722

36,711

36,704

36,698

36,691

36,683

36,646

36,640

36,631

36,615

36,608

36,571

36,466

36,459

36,396

36,387

36,376

36,364

36,352

36,341

36,332

36,322

36,311

36,300

36,289

36,281

36,275

36,300

36,262

36,256

36,251

36,238

36,244

36,238

36,957

37,000

36,698

36,724

17,402

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

0
0
0
-266
-324
-475
-180
-142
-200
-1,000
-174
16
6
-382
-304
54
-89
-379
400
4
145
606
939
98
140
893
1,266
961
303
979
1,361
1,558
1,623
-1,042
-1,675
-1,960
-990
7
139
708
1,513
80
881
501
993
1,185
1,383
-885
-546
362
69
-597
-1,682
-1,939
-2,417
-1,789
-648
284
723
457
-373
1,172
1,134
1,138
4
303
208
-376
-4,083
-6,820
-10,365
-10,019
-9,230
-9,710
-11,817
-8,750

-8,750

-11,817

-9,710

-9,230

-10,019

-10,365

-6,820

-4,083

-376

208

303

1,138

1,134

1,172

-373

457

723

284

-648

-1,789

-2,417

-1,939

-1,682

-597

362

-546

-885

1,383

1,185

993

501

881

1,513

708

139

-990

-1,960

-1,675

-1,042

1,623

1,558

1,361

979

303

961

1,266

893

140

939

606

145

400

-379

-89

-304

-382

-174

-1,000

-200

-142

-180

-475

-324

-266

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
17,395
17,395
0
0
0
0
500
0
36,244
0
0
0
622
622
622
8,400
36,897
36,903
36,911
36,922
36,933
36,944
36,954
36,341
36,352
36,364
36,376
36,387
0
0
0
0
0
0
0
0
708
0
0
0
501
0
0
0
-885
-546
362
69
-597
-1,682
-1,939
-2,417
-1,789
-648
284
723
457
-373
1,172
1,134
8,603
4
303
208
-376
-4,083
-6,820
-10,365
0
0
0
0
0

-10,365

-6,820

-4,083

-376

208

303

8,603

1,134

1,172

-373

457

723

284

-648

-1,789

-2,417

-1,939

-1,682

-597

362

-546

-885

501

708

36,387

36,376

36,364

36,352

36,341

36,954

36,944

36,933

36,922

36,911

36,903

36,897

8,400

622

36,244

500

17,395

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
Accounts Payable	0	12,560	7,807	4,554	3,335	2,595	2,674	1,931	2,994	1,836	2,676	1,022	808	279,977	264,253	252,763	0	0	1,565	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	-
Accumulated Depreciation	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	-8,750	-10,019	-376	1,138	457	-1,789	-597	-885	501	708	-1,960	1,558	961	98	4	54	16	-142	-266	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	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Capital Stock	37,471	37,179	37,014	36,981	36,981	36,967	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	0	0	0	0	0	0	-
Cash	57,789	77,567	40,699	30,826	38,299	21,693	68,814	24,479	16,327	22,553	18,113	22,956	8,290	4,542	2,933	3,650	12,805	10,606	3,821	0	0	-
Cash And Equivalents	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	-57,789	161,352	110,066	98,778	92,540	91,867	147,584	132,250	144,926	147,276	131,681	148,670	8,290	4,542	2,933	3,650	12,805	10,606	3,821	0	0	-
Common Stock	37,471	37,179	37,014	36,981	36,981	36,967	36,847	36,726	36,704	36,646	36,608	36,396	36,352	36,311	36,275	36,251	0	36,698	0	0	0	-
Common Stock Shares Outstanding	6,698	6,687	6,682	6,681	6,681	6,679	6,665	6,640	6,653	6,642	6,592	6,526	6,524	6,571	6,553	6,524	6,647	5,602	4,622	4,621	4,621	4,621
Common Stock Total Equity	0	0	0	36,981	36,981	36,967	36,847	36,726	36,704	36,646	36,608	36,396	0	0	0	36,251	0	36,698	0	0	0	-
Current Deferred Revenue	0	-5,920	-105	-799	-30,163	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	-
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	-
Earning Assets	0	0	0	0	65,581	81,250	91,839	121,080	140,032	0	0	0	0	0	0	0	0	0	0	0	0	-
Good Will	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	0	0	0	-
Intangible Assets	0	0	0	0	0	0	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	0	0	4,119	0	0	-
Inventory	0	-81,257	-43,486	-34,759	-40,235	0	0	0	0	4,051	4,771	4,845	1,074	0	0	0	0	0	0	0	0	-
Liabilities And Stockholders Equity	1,125,975	1,115,343	958,080	865,854	695,978	622,104	610,864	513,704	513,365	459,675	454,074	444,896	387,625	347,933	340,400	364,580	340,193	312,950	345,738	247,772	232,894	219,666
Long Term Debt	5,920	46,905	54,391	59,376	51,462	56,800	15,000	68,900	0	11,000	48,500	0	0	7,000	7,000	11,000	0	0	0	0	0	-
Long Term Debt Total	0	0	0	0	5,862	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Long Term Investments	92,951	83,785	69,367	67,952	62,239	78,165	86,754	115,747	137,288	137,401	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	-
Net Debt	-50,875	-30,662	13,692	28,550	13,163	35,107	-53,814	44,421	39,473	12,447	30,387	17,044	5,460	7,458	17,187	51,770	72,395	20,854	11,554	32,200	25,858	20,082
Net Invested Capital	103,598	135,451	138,673	135,005	118,806	118,320	74,677	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Receivables	0	25,967	12,911	7,595	5,130	4,690	3,219	4,223	4,916	3,950	7,195	3,960	6,598	7,374	7,009	5,225	4,383	4,205	3,620	0	0	-
Net Tangible Assets	0	84,428	77,864	71,510	63,225	57,401	55,558	54,503	53,206	49,795	0	0	0	0	0	0	0	0	0	0	0	-
Net Working Capital	-864,691	174,759	115,170	101,819	94,335	531,422	512,038	386,494	366,167	313,217	312,648	308,881	287,307	0	0	0	0	0	301,680	0	0	-
Non Current Assets Total	1,064,483	93,365	79,163	78,065	72,659	88,087	96,152	125,279	144,204	144,622	138,750	134,993	99,510	45,065	39,240	53,118	4,119	43,123	37,318	0	0	-
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	-
Non Current Liabilities Total	102,114	12,560	54,391	59,376	51,462	56,800	15,000	68,900	55,800	35,000	48,500	40,000	13,750	12,000	20,120	55,420	85,200	31,460	10,200	32,200	25,858	20,082
Non Currrent Assets Other	1,030,641	-10,453	-6,135	-4,437	-3,002	-78,165	-86,754	-115,747	-134,587	-134,700	-129,126	-125,714	-88,660	-33,642	-27,400	-41,183	-4,119	-30,829	-24,547	0	0	-
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	-
Other Assets	0	834,659	755,940	681,416	525,649	710,191	707,016	638,983	657,569	604,297	592,824	579,889	487,135	392,998	379,640	417,698	318,886	356,073	383,056	247,772	232,894	219,666
Other Current Assets	61,492	81,257	43,486	34,759	40,235	437,460	363,909	251,952	219,319	163,827	176,448	157,273	273,227	290,952	291,218	302,587	0	255,016	300,979	0	0	-
Other Current Liab	925,730	-12,560	-7,807	-4,554	-3,335	-2,595	-2,674	-1,931	-2,994	-1,836	-2,676	-1,022	-808	0	0	0	0	0	0	0	0	-
Other Liab	0	4,677	6,503	2,872	2,057	2,336	2,538	1,857	2,946	1,836	2,676	1,022	808	647	522	850	0	0	0	0	0	-
Other Stockholder Equity	0	0	-376	8,603	7,503	4,862	6,092	-885	501	708	0	0	36,352	36,933	36,897	622	36,244	0	17,395	25,386	23,782	22,322
Preferred Stock Redeemable	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	13,666	13,666	13,666	13,666	8,117	7,989	7,868	0	0	0	0	0	-
Property Plant And Equipment Gross	13,881	13,662	13,534	5,994	6,301	5,803	5,279	5,413	5,498	5,803	5,505	5,160	6,731	7,304	7,721	7,816	0	8,175	8,652	0	0	-
Property Plant And Equipment Net	6,239	5,461	5,677	5,994	6,301	5,803	5,279	5,413	5,498	5,803	5,505	5,160	6,731	7,304	7,721	7,816	0	8,175	8,652	0	0	-
Property Plant Equipment	0	5,461	6,857	7,321	7,238	5,803	5,279	5,413	5,498	5,803	5,505	5,160	6,731	7,304	7,721	7,816	0	0	0	0	0	-
Retained Earnings	68,957	61,386	47,644	37,510	29,906	26,342	23,427	22,781	20,120	16,560	13,316	11,250	10,030	10,161	10,615	10,752	11,455	11,256	9,914	0	0	-
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	-
Short Long Term Debt	0	0	0	0	45,600	56,800	15,000	68,900	55,800	35,000	0	0	0	0	0	0	0	0	0	0	0	-
Short Long Term Debt Total	6,914	46,905	54,391	59,376	51,462	56,800	15,000	68,900	55,800	35,000	48,500	40,000	13,750	12,000	20,120	55,420	85,200	31,460	15,375	32,200	25,858	20,082
Short Term Debt	453	18,480	7,912	5,353	33,498	56,800	15,000	68,900	55,800	35,000	0	0	0	0	0	0	0	0	5,175	0	0	-
Short Term Investments	84,546	83,785	69,367	67,952	54,241	70,174	78,770	107,771	128,599	124,723	113,568	125,714	0	7,940	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	-
Total Assets	1,125,975	1,115,343	958,080	865,854	695,978	622,104	610,864	513,704	513,365	459,675	454,074	444,896	387,625	347,933	340,400	364,580	340,193	312,950	345,738	247,772	232,894	219,666
Total Current Assets	61,492	187,319	122,977	106,373	97,670	534,017	514,712	388,425	369,161	315,053	315,324	309,903	288,115	302,868	301,160	311,462	17,188	269,827	308,420	0	0	-
Total Current Liabilities	926,183	12,560	7,807	4,554	3,335	2,595	2,674	1,931	2,994	1,836	2,676	1,022	808	0	0	0	0	0	6,740	212,200	0	-
Total Liab	1,028,297	1,026,797	873,798	790,225	628,634	560,584	551,187	455,082	456,040	392,095	392,444	382,026	326,616	292,624	284,895	309,033	292,478	265,138	318,695	222,386	209,112	197,344
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Stockholder Equity	97,678	88,546	84,282	75,629	67,344	61,520	59,677	58,622	57,325	67,580	61,630	62,870	61,009	55,309	55,505	55,547	47,715	47,812	27,043	25,386	23,782	22,322
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-

	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
Accounts Payable	0	7,548	8,310	0	12,560	6,125	5,693	5,677	7,807	5,715	4,329	3,904	4,554	5,185	5,581	4,273	3,335	3,348	3,462	2,970	2,595	2,192	1,633	2,202	2,674	2,133	2,012	2,286	1,931	3,177	8,070	2,703	2,994	2,969	1,929	1,627	1,836	1,724	1,009	1,062	2,676	2,756	2,221	2,579	1,022	1,151	905	324,603	808	2,189	1,787	300,108	279,977	283,892	285,076	274,894	264,253	1,000	256,355	250,000	252,763	257,914	229,637	234,915	0	0	900	600	0	0	0	0	1,565	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	-
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	-
Accumulated Other Comprehensive Income	-8,750	-11,817	-9,710	-9,230	-10,019	-10,365	-6,820	-4,083	-376	208	303	4	1,138	1,134	1,172	-373	457	723	284	-648	-1,789	-2,417	-1,939	-1,682	-597	69	362	-546	-885	1,383	1,185	993	501	881	80	1,513	708	139	7	-990	-1,960	-1,675	-1,042	1,623	1,558	1,361	979	303	961	1,266	893	140	98	939	606	145	4	400	-379	-89	54	-304	-382	6	16	-174	-1,000	-200	-142	-180	-475	-324	-266	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	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	37,471	37,389	37,301	0	37,179	37,145	37,014	37,014	37,014	37,014	36,981	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	57,789	86,604	112,412	116,569	77,567	42,818	36,616	65,897	40,699	37,772	56,143	46,949	30,826	24,257	67,954	36,493	38,299	36,979	12,104	18,628	21,693	20,924	23,660	18,901	68,814	20,388	20,175	21,072	24,479	20,338	22,027	21,871	16,327	25,030	22,085	23,661	22,553	21,244	19,465	20,178	18,113	22,414	21,699	17,865	22,956	24,893	21,979	18,771	8,290	19,169	20,702	9,486	4,542	5,119	4,610	4,410	2,933	0	2,364	2,675	3,650	3,783	4,781	5,240	12,805	0	0	0	10,606	4,865	5,950	29,705	3,821	0	0	-
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	-
Cash And Short Term Investments	-57,789	166,889	196,005	116,569	161,352	111,512	106,542	129,229	110,066	106,575	123,239	115,922	98,778	84,258	128,426	94,653	92,540	95,636	71,957	89,318	91,867	88,296	96,581	93,403	147,584	116,636	144,949	144,670	132,250	124,902	118,250	138,837	144,926	150,711	149,716	157,144	147,276	140,452	135,559	133,194	131,681	134,372	126,828	125,571	148,670	24,893	21,979	18,771	8,290	19,169	20,702	9,486	4,542	5,119	4,610	4,410	2,933	0	2,364	2,675	3,650	3,783	4,781	5,240	12,805	0	0	0	10,606	4,865	5,950	29,705	3,821	0	0	-
Common Stock	37,471	37,389	37,301	37,217	37,179	37,145	37,014	37,014	37,014	37,014	36,981	36,981	36,981	36,981	36,981	36,981	36,981	36,981	36,974	36,974	36,967	36,967	36,967	36,967	36,847	36,847	36,785	36,766	36,726	36,725	36,722	36,711	36,704	36,698	36,691	36,683	36,646	36,640	36,631	36,615	36,608	36,571	36,466	36,459	36,396	36,387	36,376	36,364	36,352	36,341	36,332	36,322	36,311	36,300	36,289	36,281	36,275	36,300	36,262	36,256	36,251	36,238	36,244	36,238	0	36,957	37,000	37,000	36,698	36,724	17,402	0	0	0	0	-
Common Stock Shares Outstanding	6,698	6,705	6,700	6,688	6,688	6,688	6,687	6,685	6,680	6,680	6,682	6,677	6,070	6,681	6,681	6,681	6,070	6,681	6,683	6,680	6,067	6,681	6,681	6,673	6,036	6,664	6,665	6,661	6,018	6,655	6,651	6,642	5,980	6,652	6,654	6,652	5,978	6,647	6,633	6,629	5,973	6,588	6,577	6,567	5,933	6,526	6,524	6,524	5,931	6,524	6,592	6,592	5,931	6,577	6,579	6,548	5,931	6,592	6,551	6,524	5,931	6,524	6,524	6,527	5,931	6,673	6,678	6,658	6,035	6,308	4,666	23,918	21,744	4,621	4,644	4,200
Common Stock Total Equity	0	0	0	0	0	0	0	0	0	0	36,981	36,981	36,981	36,981	36,981	36,981	36,981	36,981	36,974	36,974	36,967	36,967	36,967	36,967	36,847	36,847	36,785	36,766	36,726	36,725	36,722	36,711	36,704	36,698	36,691	36,683	36,646	36,640	36,631	36,615	36,608	36,571	36,466	36,459	36,396	0	0	0	0	0	0	0	0	0	0	0	0	36,300	36,262	36,256	36,251	36,238	36,244	36,238	0	36,957	37,000	37,000	36,698	36,724	17,402	0	0	0	0	-
Current Deferred Revenue	0	7,068	7,823	0	-5,920	-45,029	-30,320	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	61,502	65,581	69,995	71,189	81,768	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	0	0	4,119	4,119	4,119	0	0	0	0	-
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	4,119	0	0	0	0	0	0	0	4,119	4,119	0	0	-
Inventory	0	-90,438	-116,162	0	-81,257	-46,059	-39,496	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,051	4,051	4,051	4,051	4,771	5,564	5,654	4,983	4,845	4,845	5,101	5,125	1,074	4,319	1,317	0	0	0	0	71	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Liabilities And Stockholders Equity	1,125,975	1,142,174	1,161,409	1,147,023	1,115,343	1,043,812	980,785	982,287	958,080	922,592	901,643	886,143	865,854	833,808	850,659	721,645	695,978	680,840	635,622	626,290	622,104	595,243	585,950	576,983	610,864	538,993	537,482	524,537	513,704	513,666	518,278	522,182	513,365	505,564	492,283	474,375	459,675	463,376	463,470	460,133	454,074	459,272	432,067	438,266	444,896	429,722	407,059	406,830	387,625	395,082	383,524	374,118	347,933	353,016	360,974	350,148	340,400	347,100	355,919	362,104	364,580	349,786	341,798	334,219	340,193	338,017	330,800	323,300	312,950	303,546	299,409	286,721	345,738	0	0	-
Long Term Debt	5,920	5,916	5,913	0	46,905	79,602	64,498	54,395	54,391	85,887	54,384	59,380	59,376	67,173	64,369	75,165	51,462	5,858	35,162	4,700	56,800	28,500	6,800	11,200	15,000	34,100	67,000	62,800	68,900	67,500	55,000	53,800	55,800	52,000	61,700	37,000	35,000	31,000	38,200	37,400	48,500	43,200	28,100	30,000	40,000	34,000	16,000	21,000	13,750	7,000	12,000	17,100	12,000	12,000	19,000	19,000	20,120	27,650	42,950	52,320	30,000	44,740	64,045	50,781	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	5,865	5,862	5,858	5,862	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	92,951	80,285	83,593	0	83,785	68,694	69,926	63,332	69,367	68,803	67,096	68,973	67,952	60,001	60,472	58,160	62,239	66,653	67,848	78,683	81,250	78,447	83,994	85,573	89,839	107,315	135,839	134,661	118,832	0	0	0	137,288	0	0	0	137,401	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-
Net Debt	-50,875	-80,688	-106,499	-86,343	-30,662	36,784	27,882	-11,502	13,692	48,115	-1,759	12,431	28,550	42,916	-3,585	38,672	13,163	-31,121	23,058	-13,928	35,107	7,576	-16,860	-7,701	-53,814	13,712	46,825	41,728	44,421	47,162	32,973	31,929	39,473	26,970	39,615	13,339	12,447	9,756	18,735	17,222	30,387	20,786	6,401	12,135	17,044	9,107	-5,979	2,229	5,460	-12,169	-8,702	7,614	7,458	6,881	14,390	14,590	17,187	0	40,586	49,645	51,770	40,957	59,264	45,541	72,395	0	100	100	20,854	25,055	28,715	-8,909	11,554	0	0	-
Net Invested Capital	103,598	99,355	100,348	0	135,451	164,023	149,162	138,103	138,673	167,870	133,361	134,889	135,005	140,597	135,605	143,366	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	28,065	25,512	0	25,967	24,355	21,582	20,864	12,911	9,302	10,145	6,790	7,595	9,014	6,686	11,861	5,130	9,287	5,212	5,422	4,690	5,018	5,170	3,926	3,219	4,201	3,959	4,324	4,223	3,183	3,293	3,370	4,916	4,130	4,707	3,409	3,950	4,513	4,855	5,590	7,195	7,274	6,529	5,059	3,960	4,207	5,230	7,097	6,598	6,695	8,687	9,450	7,374	6,809	7,832	6,521	7,009	0	6,677	5,329	5,225	5,020	4,467	4,227	4,383	4,047	0	0	4,205	4,262	4,294	3,619	3,620	0	0	-
Net Tangible Assets	0	0	0	0	84,428	80,302	80,545	80,163	80,163	77,864	74,858	71,390	71,510	69,305	67,117	64,082	63,225	62,385	60,622	59,246	57,401	56,380	56,080	55,604	55,558	56,365	56,320	55,186	54,503	0	0	0	53,206	0	0	0	49,795	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-864,691	187,406	213,207	-415,071	174,759	129,742	122,431	144,416	115,170	838,183	820,258	803,204	783,235	758,374	774,296	648,823	619,984	600,382	553,869	534,154	531,422	508,254	494,138	482,966	512,038	423,181	393,186	381,067	386,494	388,345	390,365	386,792	366,167	361,217	346,951	322,421	313,217	318,494	320,813	320,588	312,648	319,672	300,053	301,798	308,881	318,377	304,967	0	287,307	301,977	302,586	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	245,747	0	301,680	0	0	-
Non Current Assets Total	1,064,483	89,738	93,138	1,026,386	93,365	78,322	79,585	73,035	79,163	78,694	77,056	79,035	78,065	70,249	70,782	68,549	72,659	77,110	78,291	89,166	88,087	84,797	90,179	91,815	96,152	113,679	142,284	141,184	125,279	122,144	119,843	132,687	144,204	141,378	143,403	150,327	144,622	143,158	141,648	138,483	138,750	136,844	129,793	133,889	134,993	110,194	101,187	106,510	99,510	90,916	79,151	72,388	45,065	42,782	47,789	40,585	39,240	0	43,866	53,377	53,118	53,175	57,643	55,451	4,119	12,696	100	0	43,123	43,540	39,196	12,625	37,318	0	0	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	102,114	5,916	5,913	518,650	12,560	6,125	5,693	54,395	54,391	85,887	54,384	59,380	59,376	67,173	64,369	75,165	51,462	5,858	35,162	4,700	56,800	28,500	6,800	11,200	15,000	34,100	67,000	62,800	68,900	67,500	55,000	53,800	55,800	52,000	61,700	37,000	35,000	31,000	38,200	37,400	48,500	43,200	28,100	30,000	40,000	34,000	16,000	21,000	13,750	7,000	12,000	17,100	12,000	12,000	19,000	19,000	20,120	1,000	42,950	52,320	55,420	44,740	64,045	50,781	85,200	0	1,000	700	31,460	29,920	20,200	20,796	10,200	0	0	-
Non Currrent Assets Other	1,030,641	-89,738	-93,138	9,542	-10,453	-78,322	-79,585	0	0	0	0	-79,035	-78,065	-70,249	-60,472	-58,160	-62,239	-66,653	-67,848	-78,683	-78,165	-84,797	-90,179	-91,815	-96,152	-113,679	-142,284	-141,184	-125,279	-112,538	-110,184	-122,955	-134,587	-131,668	-133,617	-140,464	-134,700	-133,159	-131,652	-128,574	-129,126	-127,516	-120,687	-124,761	-125,714	-100,750	-90,616	-95,795	-88,660	-79,914	-68,004	-61,084	-33,642	-31,260	-36,177	-28,892	-27,400	-42,800	-32,050	-41,563	-41,183	-41,157	-45,412	-43,041	-4,119	-12,696	-52,500	-51,200	-30,829	-31,131	-26,671	-12,625	-37,318	0	0	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	857,482	846,754	0	834,659	829,623	773,076	759,159	755,940	1,001,286	978,699	965,178	943,919	904,057	921,441	790,194	768,637	757,950	713,913	715,456	710,191	680,040	676,129	668,798	707,016	652,672	679,766	665,721	638,983	635,810	638,121	654,869	657,569	646,942	635,686	624,702	604,297	606,534	605,118	598,616	592,824	596,116	561,860	572,155	579,889	539,916	508,246	513,340	487,135	485,998	462,675	446,506	392,998	395,798	408,763	390,733	379,640	347,100	399,785	415,481	417,698	402,961	399,441	389,670	318,886	321,274	330,700	323,300	356,073	347,086	338,605	240,772	383,056	0	0	-
Other Current Assets	61,492	90,438	116,162	120,637	81,257	46,059	39,496	2,947	12,911	728,021	691,203	684,396	681,416	670,287	644,765	546,582	525,649	498,807	480,162	442,384	437,460	417,132	394,020	387,839	363,909	304,477	246,290	234,359	251,952	263,437	276,892	247,288	219,319	209,345	194,457	163,495	163,827	175,253	181,408	182,866	176,448	180,782	168,917	173,747	157,273	290,428	278,663	274,452	273,227	278,302	274,984	282,794	290,952	298,306	300,743	298,632	291,218	0	303,012	300,723	302,587	287,808	274,907	269,301	0	0	0	0	255,016	250,879	249,969	0	300,979	0	0	-
Other Current Liab	925,730	-7,548	-8,310	535,224	-12,560	-6,125	-5,693	-5,677	-7,807	-5,715	-4,329	-3,904	-4,554	-5,185	-5,581	-4,273	-3,335	-3,348	-3,462	-2,970	-2,595	-2,192	-1,633	-2,202	-2,674	-2,133	-2,012	-2,286	-1,931	-3,177	-8,070	-2,703	-2,994	-2,969	-1,929	-1,627	-1,836	-1,724	-1,009	-1,062	-2,676	-2,756	-2,221	-2,579	-1,022	-1,151	-905	0	-808	-2,189	-1,787	0	0	0	0	0	0	-1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Liab	0	0	0	0	4,677	4,752	10,565	10,968	6,503	4,244	2,851	2,386	2,872	3,774	4,437	3,199	2,057	2,001	280	1,531	2,336	1,991	1,457	2,056	2,674	2,133	2,012	2,286	1,931	3,177	8,070	2,703	2,994	2,969	1,929	1,627	1,836	1,724	1,009	1,062	2,676	2,756	2,221	2,579	1,022	1,151	905	850	808	2,189	1,787	1,605	647	887	797	595	522	999	959	4,021	850	779	839	1,021	0	0	0	0	0	0	0	0	0	0	0	-
Other Stockholder Equity	0	0	0	0	0	-10,365	-6,820	-4,083	-376	208	303	4	8,603	1,134	1,172	-373	457	723	284	-648	-1,789	-2,417	-1,939	-1,682	-597	69	362	-546	-885	0	0	0	501	0	0	0	708	0	0	0	0	0	0	0	0	36,387	36,376	36,364	36,352	36,341	36,954	36,944	36,933	36,922	36,911	36,903	36,897	8,400	622	622	622	0	0	0	36,244	0	500	0	0	0	0	17,395	17,395	0	0	-
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	-
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	0	0	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	13,666	8,181	8,149	8,117	8,085	8,053	8,021	7,989	7,958	7,927	7,898	7,868	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Property Plant And Equipment Gross	13,881	0	0	0	13,662	0	0	0	0	0	5,841	5,943	5,994	6,129	6,191	6,270	6,301	6,338	6,324	6,364	5,803	5,316	5,151	5,208	5,279	5,330	5,411	5,489	5,413	5,487	5,540	5,613	5,498	5,591	5,667	5,744	5,803	5,880	5,877	5,790	5,505	5,209	4,987	5,009	5,160	5,325	6,452	6,596	6,731	6,883	7,028	7,185	7,304	7,403	7,493	7,574	7,721	7,800	7,697	7,695	7,816	7,899	8,112	8,291	0	8,577	8,500	8,200	8,175	8,290	8,406	8,506	8,652	0	0	-
Property Plant And Equipment Net	6,239	5,334	5,426	6,751	5,461	5,509	5,540	5,584	5,677	5,772	5,841	5,943	5,994	6,129	6,191	6,270	6,301	6,338	6,324	6,364	5,803	5,316	5,151	5,208	5,279	5,330	5,411	5,489	5,413	5,487	5,540	5,613	5,498	5,591	5,667	5,744	5,803	5,880	5,877	5,790	5,505	5,209	4,987	5,009	5,160	5,325	6,452	6,596	6,731	6,883	7,028	7,185	7,304	7,403	7,493	7,574	7,721	7,800	7,697	7,695	7,816	7,899	8,112	8,291	0	8,577	8,500	8,200	8,175	8,290	8,406	8,506	8,652	0	0	-
Property Plant Equipment	0	0	0	0	5,461	5,509	6,538	6,674	5,677	7,044	7,204	7,181	7,321	7,047	6,899	7,068	7,238	7,356	6,324	7,459	5,803	5,316	5,151	5,208	5,279	5,330	5,411	5,489	5,413	5,487	5,540	5,613	5,498	5,591	5,667	5,744	5,803	5,880	5,877	5,790	5,505	5,209	4,987	5,009	5,160	5,325	6,452	6,596	6,731	6,883	7,028	7,185	7,304	7,403	7,493	7,574	7,721	7,796	7,697	7,695	7,816	7,899	8,112	8,291	0	0	0	0	0	0	0	0	0	0	0	-
Retained Earnings	68,957	67,867	66,844	64,678	61,386	57,641	54,470	50,777	47,644	44,761	41,693	38,524	37,510	35,309	33,083	31,593	29,906	28,800	27,483	27,039	26,342	25,949	25,171	24,438	23,427	23,568	23,292	23,085	22,781	22,171	21,551	20,874	20,120	19,410	18,812	17,674	16,560	15,311	14,687	13,966	13,316	12,710	12,149	11,685	11,250	10,735	10,280	10,044	10,030	10,077	10,297	10,072	10,161	10,291	10,531	10,590	10,615	10,800	11,223	11,076	10,752	10,419	11,415	11,258	11,455	11,449	11,400	11,400	11,256	11,047	10,743	10,362	9,914	0	0	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	45,600	0	29,300	4,700	56,800	28,500	6,800	11,200	15,000	34,100	67,000	62,800	68,900	0	0	0	55,800	0	0	0	35,000	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	-
Short Long Term Debt Total	6,914	5,916	5,913	30,226	46,905	79,602	64,498	54,395	54,391	85,887	54,384	59,380	59,376	67,173	64,369	75,165	51,462	5,858	35,162	4,700	56,800	28,500	6,800	11,200	15,000	34,100	67,000	62,800	68,900	67,500	55,000	53,800	55,800	52,000	61,700	37,000	35,000	31,000	38,200	37,400	48,500	43,200	28,100	30,000	40,000	34,000	16,000	21,000	13,750	7,000	12,000	17,100	12,000	12,000	19,000	19,000	20,120	0	42,950	52,320	55,420	44,740	64,045	50,781	85,200	0	100	100	31,460	29,920	34,666	20,796	15,375	0	0	-
Short Term Debt	453	480	487	484	18,480	51,154	36,013	0	0	0	0	0	0	0	0	0	45,600	0	29,300	4,700	56,800	28,500	6,800	11,200	15,000	34,100	67,000	62,800	68,900	0	0	0	55,800	0	0	0	35,000	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	100	100	0	0	14,466	0	5,175	0	0	-
Short Term Investments	84,546	80,285	83,593	0	83,785	68,694	69,926	63,332	69,367	68,803	67,096	68,973	67,952	60,001	60,472	58,160	54,241	58,657	59,853	70,690	70,174	67,372	72,921	74,502	78,770	96,248	124,774	123,598	107,771	104,564	96,223	116,966	128,599	125,681	127,631	133,483	124,723	119,208	116,094	113,016	113,568	111,958	105,129	107,706	125,714	0	0	0	0	0	0	0	7,940	0	0	0	0	0	0	0	0	0	0	0	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	-
Total Assets	1,125,975	1,142,174	1,161,409	1,147,023	1,115,343	1,043,812	980,785	982,287	958,080	922,592	901,643	886,143	865,854	833,808	850,659	721,645	695,978	680,840	635,622	626,290	622,104	595,243	585,950	576,983	610,864	538,993	537,482	524,537	513,704	513,666	518,278	522,182	513,365	505,564	492,283	474,375	459,675	463,376	463,470	460,133	454,074	459,272	432,067	438,266	444,896	429,722	407,059	406,830	387,625	395,082	383,524	374,118	347,933	353,016	360,974	350,148	340,400	347,100	355,919	362,104	364,580	349,786	341,798	334,219	340,193	338,017	330,800	323,300	312,950	303,546	299,409	286,721	345,738	0	0	-
Total Current Assets	61,492	194,954	221,517	120,637	187,319	135,867	128,124	150,093	122,977	843,898	824,587	807,108	787,789	763,559	779,877	653,096	623,319	603,730	557,331	537,124	534,017	510,446	495,771	485,168	514,712	425,314	395,198	383,353	388,425	391,522	398,435	389,495	369,161	364,186	348,880	324,048	315,053	320,218	321,822	321,650	315,324	322,428	302,274	304,377	309,903	319,528	305,872	300,320	288,115	304,166	304,373	301,730	302,868	310,234	313,185	309,563	301,160	0	312,053	308,727	311,462	296,611	284,155	278,768	17,188	4,047	0	0	269,827	260,006	260,213	33,324	308,420	0	0	-
Total Current Liabilities	926,183	7,548	8,310	535,708	12,560	6,125	5,693	5,677	7,807	5,715	4,329	3,904	4,554	5,185	5,581	4,273	3,335	3,348	3,462	2,970	2,595	2,192	1,633	2,202	2,674	2,133	2,012	2,286	1,931	3,177	8,070	2,703	2,994	2,969	1,929	1,627	1,836	1,724	1,009	1,062	2,676	2,756	2,221	2,579	1,022	1,151	905	0	808	2,189	1,787	0	0	0	0	0	0	1,000	0	0	0	0	0	0	0	0	1,000	700	0	0	14,466	0	6,740	0	0	-
Total Liab	1,028,297	1,048,735	1,066,974	1,054,358	1,026,797	959,391	896,121	898,579	873,798	840,609	822,666	810,634	790,225	760,384	779,423	653,444	628,634	614,336	570,881	562,925	560,584	534,744	525,751	517,260	551,187	478,509	477,043	465,232	455,082	453,387	458,820	463,604	456,040	448,575	423,034	404,839	392,095	397,620	398,479	396,876	392,444	398,000	370,828	374,833	382,026	367,573	345,758	346,453	326,616	333,732	327,199	318,813	292,624	296,779	304,873	294,489	284,895	291,200	300,264	306,341	309,033	303,433	294,521	286,717	292,478	289,785	282,900	275,100	265,138	255,955	271,740	259,288	318,695	0	0	-
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	-
Total Stockholder Equity	97,678	93,439	94,435	92,665	88,546	84,421	84,664	83,708	84,282	81,983	78,977	75,509	75,629	73,424	71,236	68,201	67,344	66,504	64,741	63,365	61,520	60,499	60,199	59,723	59,677	60,484	60,439	59,305	58,622	60,279	59,458	58,578	57,325	56,989	69,249	69,536	67,580	65,756	64,991	63,257	61,630	61,272	61,239	63,433	62,870	62,149	61,301	60,377	61,009	61,350	56,325	55,305	55,309	56,237	56,101	55,659	55,505	55,900	55,655	55,763	55,547	46,353	47,277	47,502	47,715	48,232	47,900	48,200	47,812	47,591	27,670	27,433	27,043	0	0	-
Treasury 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	-
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	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
Begin Period Cash Flow	77,567	40,699	30,826	38,299	21,693	70,814	26,231	17,583	23,313	16,128	19,979	8,290	12,482	2,933	3,650	12,805	10,606	65,556	13,254	19,465	0
Capital Expenditures	240	175	91	126	996	870	205	227	85	723	962	139	190	349	759	253	0	234	734	922	1,560
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
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
Change In Cash	-19,778	36,868	9,873	-7,473	16,606	-49,121	44,583	8,648	-5,730	7,185	-3,851	11,689	-4,192	9,549	-717	-9,155	2,199	-54,950	52,299	-6,211	590
Change In Working Capital	-8,706	3,309	-196	-1,597	-879	-2,279	-62	18	-442	-11	790	2,530	311	-3	-1,652	-886	0	-341	847	192	-420
Change Receivables	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	-1,613	-3,620	-506	-1,505	-135	-907	531	1,696	-816	1,314	-687	2,206	150	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
Change To Liabilities	0	0	0	0	0	-1,293	-1,336	-615	-784	-485	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	37,099	-5,635	-1,960	-1,285	-642	-73	-1,459	-1,035	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	310	-92	-744	-235	722	-1,063	1,158	-840	0	0	0	0	0	0	0	0	0	0	0
Depreciation	385	391	408	433	498	346	339	312	390	425	617	710	1,078	766	809	891	820	711	632	510	390
Dividends Paid	3,251	3,226	2,989	2,913	2,913	2,912	2,751	2,306	2,386	2,241	2,255	2,228	2,295	2,133	2,097	1,708	1,743	1,466	1,210	1,008	1,010
End Period Cash Flow	57,789	77,567	40,699	30,826	38,299	21,693	70,814	26,231	17,583	23,313	16,128	19,979	8,290	12,482	2,933	3,650	12,805	10,606	65,553	13,254	590
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-2,620	13,543	51,933	3,592	3,140	2,876	4,037	4,997	4,434	4,141	5,415	8,390	6,612	5,980	4,187	5,410	3,643	1,705	4,136	3,397	490
Investments	-47,230	-117,179	-119,500	-4,000	19,079	6,763	29,603	5,624	-190	-634	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
Net Borrowings	0	0	-5,000	7,914	-5,338	41,800	-53,900	13,100	20,800	-13,500	0	0	0	0	0	0	0	0	0	0	0
Net Income	10,822	16,968	14,698	10,517	6,477	5,827	3,292	4,967	6,030	5,485	4,321	3,448	2,228	1,807	2,081	1,009	1,942	2,808	3,131	2,668	2,166
Other Cashflows From Financing Activities	47,038	151,055	85,338	160,372	67,324	9,596	95,483	11,106	77,821	495	8,764	62,196	47,194	15,724	11,490	25,050	27,187	-52,438	117,001	29,898	12,160
Other Cashflows From Investing Activities	0	0	-891	-87	-257	-257	-257	-384	-56,849	4,790	965	5,025	3,182	82	0	0	0	0	0	0	0
Other Non Cash Items	-4,111	-7,564	44,565	-5,697	-2,195	-148	381	-94	-1,483	-1,069	606	1,797	3,144	3,723	3,684	4,636	878	-952	505	1,326	-36
Sale Purchase Of Stock	0	0	-33	0	5,324	0	0	0	-13,750	4	0	0	-8,500	0	0	-6	-881	0	0	0	0
Stock Based Compensation	16	614	460	62	235	0	1,717	21	24	34	43	44	41	36	24	13	3	0	0	0	0
Total Cash From Financing Activities	2,787	140,329	77,349	157,459	64,411	6,684	92,732	-2,200	46,685	-1,746	6,678	52,968	36,399	5,471	-25,907	23,336	24,563	-34,601	93,791	12,362	11,150
Total Cash From Operating Activities	-2,380	13,718	52,024	3,718	4,136	3,746	4,242	5,224	4,519	4,864	6,377	8,529	6,802	6,329	4,946	5,663	3,643	1,939	4,870	4,319	2,050
Total Cashflows From Investing Activities	0	0	-119,500	-168,650	-51,941	-59,551	-52,391	5,624	-56,934	4,067	0	0	0	0	20,244	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
Begin Period Cash Flow	86,604	112,412	77,567	77,567	42,818	36,616	65,897	40,699	37,772	56,143	46,949	30,826	24,257	67,954	36,493	38,299	36,979	6,242	18,628	21,693	20,924	23,660	20,901	70,814	22,388	21,895	22,651	26,231	21,670	23,779	23,127	17,583	26,286	23,341	24,421	23,313	21,904	20,118	19,824	16,128	20,429	19,714	14,888	19,979	21,916	19,002	18,771	8,290	19,169	20,702	9,486	12,482	17,954	17,810	15,210	2,933	3,096	2,364	2,675	3,650	3,783	4,781	5,240	12,805	4,224	6,622	6,897	10,606	4,865	5,950	0	65,553	80,667	10,218	0
Capital Expenditures	80	4	16	140	52	66	53	4	11	26	3	57	304	130	123	177	63	31	204	760	579	249	28	14	35	3	9	158	19	33	13	200	5	19	19	42	29	109	195	390	409	366	132	55	55	7	30	47	35	48	34	73	92	100	76	81	656	103	20	83	134	37	37	45	0	346	417	235	66	62	0	0	48	101	680
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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-28,815	-25,808	-4,157	39,002	34,749	6,202	-29,281	25,198	2,927	-18,371	9,194	16,123	6,569	-43,697	31,461	-1,806	1,320	30,737	-12,386	-3,065	769	-2,736	2,759	-49,913	48,426	493	-756	-3,580	4,561	-2,109	652	5,544	-8,703	2,945	-1,080	1,108	1,409	1,786	294	3,696	-4,301	715	4,826	-5,091	-1,937	2,914	231	10,481	-10,879	-1,533	11,216	-2,996	-5,472	144	2,600	12,277	-163	732	-311	-975	-133	-998	-459	-7,565	8,581	-2,398	-275	-3,709	5,741	-1,085	-59,606	0	-15,114	70,449	-3,040
Change In Working Capital	-2,276	-2,855	957	-4,758	4,354	-932	647	-760	-55	1,735	-2,933	1,057	1,011	-2,720	-186	298	4,222	-4,574	-563	36	137	646	-1,921	-1,141	358	212	-487	-145	-629	385	-307	569	-1,154	1,352	-401	-239	-636	1,466	-45	-796	242	151	-205	602	86	991	1,429	24	-385	127	1,280	-711	-293	810	-832	312	-1,335	716	-4,197	3,164	-458	-616	-135	323	0	156	371	-99	338	0	0	0	1,432	0	70
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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	250	-1,893	0	0	-1,840	-1,368	282	-694	135	882	-3,480	1,957	1,415	-2,312	-1,475	867	4,270	-4,260	-181	36	65	457	-1,136	-293	1,098	-831	610	-346	609	-536	598	1,025	-516	3	-261	-42	136	261	14	903	340	-342	458	-1,143	105	745	1,374	-18	996	-275	1,098	-1,669	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-470	-231	-216	-376	-1,336	18	154	0	-615	0	0	0	-784	0	0	0	-485	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	28,747	19,293	42,859	-1,877	-2,486	-1,397	-1,767	-1,381	-1,206	-1,281	-696	-676	-139	-449	-172	156	29	-161	673	103	118	114	-73	0	0	0	-1,459	0	0	0	-1,035	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	365	-66	-190	853	547	-900	-404	-408	1,289	-569	-48	-314	-382	-382	542	420	-569	-472	743	1,025	-1,251	201	-1,063	0	0	0	1,158	0	0	0	-840	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	98	96	97	94	100	97	97	97	106	95	99	108	-169	192	202	208	100	-45	244	199	92	84	85	85	86	84	87	82	55	86	86	85	98	95	96	101	106	106	108	105	113	144	153	207	220	134	174	182	291	285	310	192	191	190	190	195	719	-99	7	182	217	250	215	209	255	247	136	182	181	178	0	0	117	279	240
Dividends Paid	810	798	819	824	808	808	808	802	804	728	729	728	728	728	729	728	729	728	728	728	728	727	728	729	725	725	724	577	578	577	577	574	574	596	608	608	561	560	560	560	562	559	567	567	509	521	599	599	599	629	533	534	534	533	533	533	533	534	537	493	427	427	427	427	435	436	437	435	432	429	0	0	303	302	610
End Period Cash Flow	57,789	86,604	-4,157	39,002	77,567	42,818	36,616	65,897	40,699	37,772	56,143	46,949	30,826	24,257	67,954	36,493	38,299	36,979	6,242	18,628	21,693	20,924	23,660	20,901	70,814	22,388	21,895	22,651	26,231	21,670	23,779	23,127	17,583	26,286	23,341	24,421	23,313	21,904	20,118	19,824	16,128	20,429	19,714	14,888	19,979	21,916	19,002	18,771	8,290	19,169	20,702	9,486	12,482	17,954	17,810	15,210	2,933	3,096	2,364	2,675	3,650	3,783	4,781	5,240	12,805	4,224	6,622	6,897	10,606	4,865	-59,606	0	65,553	80,667	-3,040
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
Free Cash Flow	-1,007	-2,384	3,712	-2,941	7,442	-50,406	33,946	22,561	46,601	3,723	-1,419	3,028	2,308	-1,085	906	1,463	5,398	-3,219	510	451	599	2,142	-374	509	1,226	1,397	640	774	732	1,826	641	1,798	348	2,784	732	570	256	2,751	909	225	1,228	1,210	1,030	1,947	1,405	2,278	3,011	1,696	1,358	1,757	2,888	609	1,253	2,410	452	1,865	303	1,846	-2,427	4,465	2,244	1,292	1,071	803	552	835	749	509	656	683	471	0	2,114	1,072	950
Investments	-5,935	-5,150	0	0	-32,980	-6,730	-8,899	-16,899	-73,963	-1,896	2,299	-2,679	-7,996	370	5,852	-2,226	-17,723	-14,723	-13,974	-5,521	-1,935	4,732	1,180	2,786	29,603	27,983	519	-15,359	17,041	0	0	0	-190	0	0	0	-634	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Net Borrowings	0	0	0	0	0	0	10,100	10,100	-31,511	31,503	-4,996	4	-7,797	2,804	-10,796	23,703	45,604	-23,442	24,600	-52,100	28,300	21,700	-4,400	-3,800	-53,900	-32,900	4,200	-6,100	13,100	0	0	0	20,800	0	0	0	-13,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,901	1,821	2,985	4,116	4,553	3,979	4,501	3,935	3,687	3,796	3,898	3,317	2,929	2,954	2,219	2,415	1,835	2,045	1,172	1,425	1,121	1,505	1,461	1,740	479	1,001	931	881	1,188	1,197	1,254	1,328	1,284	1,278	1,746	1,722	1,810	1,184	1,281	1,210	1,168	1,120	1,031	1,002	1,024	976	835	613	552	409	790	477	436	325	506	540	355	166	713	847	764	-569	584	230	441	509	400	592	641	734	683	750	920	823	770
Other Cashflows From Financing Activities	-21,143	-17,480	32,664	52,997	68,543	64,080	-1,902	20,334	31,082	16,590	11,607	21,059	30,472	-18,643	124,671	23,872	14,311	49,438	1,602	1,973	40,437	8,434	9,060	-18,335	72,137	1,407	12,104	9,835	2,939	-537	851	7,853	7,440	10,751	17,895	12,985	11,863	5,626	2,400	17,146	-5,476	26,637	-3,647	-8,750	14,582	21,569	-750	19,795	-5,735	15,994	8,204	25,231	-3,915	-1,184	10,182	10,641	1,719	13,179	-3,015	-5,863	14,015	8,972	7,986	-5,923	1,680	7,069	7,440	9,860	20,059	3,579	-46,675	0	-9,557	87,523	17,040
Other Cashflows From Investing Activities	0	0	0	0	0	0	-2,602	-2,602	-2,602	-2,602	-891	-891	-891	-891	-87	-87	-87	-9,060	9,677	-874	-874	-874	-874	0	0	0	0	0	-384	0	0	0	2,501	2,501	5,176	5,176	793	793	793	793	965	107	0	0	5,025	2,775	24	0	3,182	318	146	0	82	82	82	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-454	3	-311	-2,253	-1,933	-53,594	29,117	18,846	43,075	-2,410	-2,364	-1,647	-1,540	-1,393	-1,224	-1,539	-731	-676	-139	-449	-470	156	29	-376	338	103	118	114	8	191	234	-165	119	69	-696	-1,125	-1,001	96	-252	-73	-65	-17	-305	188	-74	-1,465	65	48	443	35	-68	-87	1,000	1,174	656	893	1,212	1,058	503	-94	1,491	-122	196	-80	-145	100	259	69	-438	-166	-211	-750	-403	72	550
Sale Purchase Of Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	120	121	62	19	40	1	0	0	0	34	0	0	0	4	0	56	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3	0	0	-9	0	0	0	0	-5,677	0	0	0	0	0	0
Stock Based Compensation	-273	293	0	0	420	110	-363	447	-201	533	-122	250	-227	12	19	258	35	0	0	0	-139	0	0	-61	0	0	0	0	3	0	9	9	6	7	6	5	6	9	12	7	24	6	7	6	9	11	12	12	11	9	10	11	11	11	8	6	8	5	6	5	10	-6	6	3	1	2	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-21,953	-18,278	8,845	34,173	60,235	63,272	-2,710	19,532	30,278	15,862	10,878	20,331	29,744	-19,371	123,942	23,144	13,582	48,710	874	1,245	24,709	7,707	8,332	-34,064	71,412	682	11,380	9,258	2,361	-1,114	-10,726	7,279	6,866	10,155	17,287	12,377	-6,198	-2,134	1,100	5,486	-6,025	26,177	-4,214	-9,260	14,073	21,048	-1,349	19,196	-6,334	10,365	7,671	24,697	-4,449	-8,717	9,649	8,988	-6,344	-9,655	-3,552	-6,356	13,591	8,545	7,559	-6,359	1,245	6,632	7,003	9,683	8,924	3,150	-46,675	0	-9,860	87,221	16,430
Total Cash From Operating Activities	-927	-2,380	3,728	-2,801	7,494	-50,340	33,999	22,565	46,612	3,749	-1,422	3,085	2,004	-955	1,029	1,640	5,461	-3,250	714	1,211	1,178	2,391	-346	523	1,261	1,400	649	932	713	1,859	654	1,998	353	2,803	751	612	285	2,860	1,104	615	1,637	1,576	1,162	2,002	1,460	2,285	3,041	1,743	1,393	1,805	2,922	682	1,345	2,510	528	1,946	959	1,846	-2,407	4,548	2,378	1,329	1,108	848	552	1,181	1,166	744	722	746	471	0	2,066	1,173	1,630
Total Cashflows From Investing Activities	0	0	0	0	0	0	-60,570	-16,899	-73,963	-37,982	-262	-7,293	-25,179	-23,371	-93,510	-26,590	-17,723	-14,723	-13,974	-5,521	-25,118	-12,834	-5,227	-16,372	-52,391	-1,589	-12,785	-13,770	5,624	4,137	6,991	0	-56,934	0	0	0	4,067	0	0	0	0	0	10,045	2,167	0	0	0	0	0	0	0	0	0	117	0	1,343	20,244	15,022	6,481	833	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
Cost Of Revenue	0	0	0	0	0	0	2,661	1,234	136	0	1,325	5,389	6,578	7,413	9,210	9,896	0	0	0	0	0	-
Depreciation And Amortization	385	391	408	433	498	346	339	312	390	425	617	710	1,078	766	809	891	820	711	632	510	390	7,569
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Ebit	0	30,399	20,880	14,938	8,875	11,994	8,063	9,683	11,195	10,346	8,626	7,895	6,720	6,736	9,103	10,927	15,209	14,284	11,602	8,016	3,684	-3,809
Ebitda	385	30,790	21,288	15,371	9,373	12,340	8,402	9,995	11,585	10,771	9,243	8,605	7,798	7,502	9,912	11,818	16,029	14,995	12,234	8,526	4,074	3,760
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	-
Extraordinary Items	0	0	0	0	0	0	-292	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Gross Profit	65,442	49,628	42,059	34,709	25,638	23,931	20,287	20,694	20,282	18,912	18,234	18,384	17,676	16,620	16,209	13,497	12,047	1,574	12,245	1,782	851	625
Income Before Tax	15,281	23,870	20,880	14,938	8,875	8,044	5,922	8,449	10,259	9,330	7,351	5,866	3,792	3,183	3,543	1,716	3,305	4,861	5,320	4,534	3,684	3,760
Income Tax Expense	4,459	6,902	6,182	4,421	2,398	2,217	2,630	3,482	4,229	3,845	3,030	2,418	1,564	1,376	1,462	707	1,363	2,053	2,189	1,866	1,518	1,601
Interest Expense	24,779	6,529	4,367	6,164	7,025	3,950	2,141	1,234	936	1,016	1,275	2,029	2,928	3,553	5,560	9,211	11,904	9,423	6,282	3,482	0	7,569
Interest Income	59,004	48,655	41,729	36,196	29,777	25,306	20,481	19,550	18,573	0	0	0	0	0	0	0	0	0	0	0	0	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Income	10,822	16,968	14,698	10,517	6,477	5,827	3,292	4,967	6,030	5,485	4,321	3,448	2,228	1,807	2,081	1,009	1,942	2,808	3,131	2,668	2,166	2,159
Net Income Applicable To Common Shares	0	16,968	14,698	10,517	6,477	5,827	3,292	4,967	5,938	5,347	4,068	2,927	1,577	1,255	1,571	1,005	0	0	0	0	0	-
Net Income From Continuing Ops	13,475	16,968	14,698	10,517	6,477	5,827	3,292	4,967	6,030	5,485	0	0	0	0	0	0	0	0	0	0	0	-
Net Interest Income	38,493	42,126	37,362	30,032	22,752	21,356	18,340	18,316	17,637	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	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Operating Income	57,504	30,399	20,880	14,938	8,875	11,994	8,063	9,683	11,195	10,346	8,626	7,895	6,720	6,736	9,103	10,927	15,209	14,284	11,602	8,016	3,684	-3,809
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Operating Expenses	50,161	19,229	21,179	19,771	16,763	11,937	12,224	11,011	9,087	8,566	9,608	10,489	10,956	4,812	4,283	6,800	3,162	12,710	643	6,234	2,833	4,434
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	-
Reconciled Depreciation	387	391	408	433	498	346	339	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	-
Selling And Marketing Expenses	1,274	1,484	959	764	649	808	828	883	655	682	620	525	0	0	0	0	0	0	0	0	0	-
Selling General Administrative	16,992	16,245	15,810	13,593	12,157	11,569	10,053	8,731	7,457	7,311	7,359	7,090	5,135	4,788	4,266	4,343	3,974	3,675	3,055	2,627	0	-
Tax Provision	5,425	6,902	6,182	4,421	2,398	2,217	2,630	3,482	4,229	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Operating Expenses	7,938	-19,229	-21,179	-19,771	-16,763	-11,937	-12,224	-11,011	-9,087	-8,566	-9,608	-10,489	-10,956	4,812	4,283	6,800	3,162	12,710	-643	6,234	2,833	-4,434
Total Other Income Expense Net	15,281	-6,529	20,880	14,938	8,875	-3,950	-2,141	-1,234	-936	-1,016	-1,275	-2,029	-2,928	-3,553	-5,560	-9,211	-11,904	-9,423	-6,282	-3,482	8,090	7,569
Total Revenue	65,442	49,628	42,059	34,709	25,638	23,931	20,287	20,694	20,282	18,912	18,234	18,384	17,676	16,620	16,209	13,497	12,047	1,574	12,245	1,782	851	625

	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
Cost Of Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,442	1,120	1,028	890	981	804	494	382	302	299	302	331	252	242	-223	223	-258	258	-259	259	265	300	385	375	424	1,956	945	2,064	1,327	2,353	1,353	1,545	1,807	2,017	1,623	1,966	2,336	2,815	1,969	2,090	2,212	2,280	2,454	2,950	0	0	0	0	0	0	0	0	0	0	0	1,080
Depreciation And Amortization	98	96	97	94	100	97	97	97	106	95	99	108	-169	192	202	208	100	-45	244	199	92	84	85	85	86	84	87	82	55	86	86	85	98	95	96	101	106	106	108	105	113	144	153	207	220	134	174	182	291	285	310	192	191	190	190	195	719	-99	7	182	217	250	215	209	255	247	136	182	181	178	4,809	2,071	117	279	240	1,080
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	-
Ebit	0	2,507	4,159	0	9,265	7,293	7,404	6,437	6,266	6,410	6,642	5,929	5,484	5,624	4,793	5,199	4,443	4,722	3,356	3,378	2,884	3,031	2,954	3,125	1,944	2,160	2,076	1,882	2,323	2,334	2,437	2,590	2,437	2,418	3,189	3,153	3,314	2,273	2,440	2,318	2,251	2,206	2,090	2,080	2,166	2,119	1,955	1,657	1,620	1,431	2,111	1,558	1,553	1,472	1,837	1,874	1,742	1,647	2,651	3,063	3,299	1,176	3,265	3,187	3,817	3,958	3,658	3,776	3,840	3,677	-1,391	1,280	3,793	3,144	2,536	1,050
Ebitda	98	2,603	4,256	94	9,365	7,390	7,501	6,534	6,372	6,505	6,741	6,037	5,315	5,816	4,995	5,407	4,543	4,677	3,600	3,577	2,976	3,115	3,039	3,210	2,030	2,244	2,163	1,964	2,378	2,420	2,523	2,675	2,535	2,513	3,285	3,254	3,420	2,379	2,548	2,423	2,364	2,350	2,243	2,287	2,386	2,253	2,129	1,839	1,911	1,716	2,421	1,750	1,744	1,662	2,027	2,069	2,461	1,548	2,658	3,245	3,516	1,426	3,480	3,396	4,072	4,205	3,794	3,958	4,021	3,855	3,418	3,351	3,910	3,423	2,776	2,130
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	-
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	-
Gross Profit	15,333	9,401	11,113	16,609	13,088	12,047	12,656	11,837	10,657	10,944	10,573	9,884	9,459	8,928	7,867	8,454	6,985	6,774	5,839	6,040	6,108	5,965	5,782	6,077	5,761	4,944	4,802	4,780	5,026	4,871	5,640	5,157	4,984	4,888	4,711	5,698	4,767	4,870	4,543	4,732	4,766	4,528	4,465	4,478	3,162	5,726	4,402	5,093	4,069	4,806	4,596	4,205	4,103	4,164	4,046	4,307	3,997	4,008	4,097	4,108	3,633	3,583	3,344	2,937	3,020	3,021	2,948	3,058	319	376	445	3,144	10,456	695	580	2,730
Income Before Tax	2,708	2,507	4,256	5,811	6,326	5,744	6,360	5,440	5,240	5,394	5,536	4,710	4,160	4,194	3,151	3,432	2,607	2,876	1,664	1,728	1,592	1,992	2,075	2,385	1,313	1,526	1,582	1,500	2,021	2,035	2,135	2,259	2,185	2,176	2,970	2,930	3,077	2,015	2,178	2,059	1,986	1,906	1,755	1,705	1,742	1,662	1,420	1,043	943	678	1,358	813	746	605	914	918	606	282	1,232	1,423	1,307	-974	991	392	745	867	686	1,007	1,142	1,249	1,190	1,280	1,576	1,385	1,309	1,050
Income Tax Expense	807	686	1,271	1,695	1,773	1,765	1,859	1,505	1,553	1,598	1,638	1,393	1,231	1,240	933	1,017	772	831	492	303	471	487	614	645	834	525	652	619	833	837	881	931	901	896	1,224	1,208	1,267	832	897	849	818	785	724	703	718	685	585	430	391	269	568	336	310	280	408	378	251	116	519	576	543	-405	407	162	304	358	286	415	501	515	507	530	656	562	539	430
Interest Expense	7,207	6,999	5,961	213	2,939	1,549	1,044	997	1,026	1,016	1,106	1,219	1,324	1,430	1,642	1,767	1,836	1,846	1,692	1,650	1,292	1,039	879	740	631	634	494	382	302	299	302	331	252	242	219	223	237	258	262	259	265	300	335	375	424	457	535	614	677	753	753	745	807	867	923	956	1,136	1,365	1,419	1,640	1,992	2,150	2,274	2,795	3,072	3,091	2,972	2,769	2,698	2,428	2,228	2,071	2,217	1,759	1,227	1,080
Interest Income	14,912	14,802	15,545	0	14,091	12,472	11,277	10,814	10,813	10,530	10,021	10,366	10,106	9,127	8,729	8,233	7,934	7,562	7,138	7,143	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,900	1,821	2,985	4,116	4,553	3,979	4,501	3,935	3,687	3,796	3,898	3,317	2,929	2,954	2,218	2,415	1,835	2,045	1,172	1,425	1,121	1,505	1,461	1,740	479	1,001	930	881	1,188	1,198	1,254	1,328	1,284	1,280	1,746	1,722	1,810	1,183	1,281	1,210	1,168	1,121	1,031	1,002	1,024	977	835	613	552	409	790	477	436	325	506	540	355	166	713	847	764	-569	584	230	441	509	400	592	641	734	683	750	920	823	770	620
Net Income Applicable To Common Shares	0	0	0	0	4,553	3,979	4,501	4,218	3,686	3,796	3,898	3,317	2,929	2,954	2,218	2,415	1,835	2,045	1,172	1,425	1,121	1,505	1,461	1,740	479	1,001	931	881	1,188	1,197	1,254	1,328	1,284	1,255	1,711	1,688	1,775	1,150	1,246	1,176	1,134	1,085	987	862	941	882	663	441	379	207	652	339	298	187	368	402	218	28	574	751	760	-584	584	230	0	0	0	0	0	0	0	0	0	0	0	-
Net Income From Continuing Ops	1,900	1,821	2,985	0	4,553	3,979	4,501	3,935	3,687	3,796	3,898	3,317	2,929	2,954	2,218	2,415	1,835	2,045	1,172	1,425	1,121	1,505	1,461	1,740	3,270	854	-1,713	881	4,967	0	0	0	6,030	0	0	0	5,485	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	7,705	7,803	9,584	0	11,152	10,923	10,233	9,817	9,787	9,514	8,915	9,147	8,782	7,697	7,087	6,466	6,098	5,716	5,446	5,493	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-
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	-
Operating Income	13,280	2,507	4,256	5,810	9,265	7,293	7,404	6,437	6,266	6,410	6,642	5,929	5,484	5,624	4,793	5,199	4,443	4,722	3,356	3,378	2,884	3,031	2,954	3,125	1,944	2,160	2,076	1,882	2,323	2,334	2,437	2,590	2,437	2,418	3,189	3,153	3,314	2,273	2,440	2,318	2,251	2,206	2,090	2,080	2,166	2,119	1,955	1,657	1,620	1,431	2,111	1,558	1,553	1,472	1,837	1,874	1,742	1,647	2,651	3,063	3,299	1,176	3,265	3,187	3,817	3,958	3,658	3,776	3,840	3,677	-1,391	1,280	3,793	3,144	2,536	1,050
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	-
Other Operating Expenses	12,624	6,894	6,857	10,798	3,823	4,754	5,252	5,400	4,391	4,534	3,931	3,955	3,975	3,304	3,074	3,255	2,542	2,052	2,483	2,662	3,224	2,934	2,828	2,952	3,817	2,784	2,726	2,898	2,703	2,537	3,203	2,567	2,547	2,470	1,522	2,545	1,453	2,597	2,103	2,414	2,515	2,322	2,375	2,398	996	3,607	2,447	3,436	2,449	3,375	2,485	2,647	2,550	1,225	2,209	2,433	2,255	1,096	1,446	1,045	1,080	3,328	1,100	250	797	937	710	718	3,521	3,301	1,836	1,864	6,663	2,449	1,956	3,840
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	0	0	0	0	0	0	0	0	0	0	0	0	0	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	98	96	0	0	100	97	97	97	106	95	99	108	-169	192	202	208	100	-45	244	199	92	84	85	85	86	84	87	82	55	86	86	85	98	95	96	101	106	106	108	105	113	144	153	207	220	134	174	182	291	285	310	192	191	190	190	195	719	-99	7	182	217	250	215	209	255	247	136	182	181	178	0	0	117	279	240	-
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	-
Selling And Marketing Expenses	310	352	385	0	511	303	363	307	231	283	233	212	242	155	199	168	167	141	140	201	181	224	184	219	246	176	188	217	883	0	0	0	655	0	0	0	682	0	0	0	620	0	0	0	525	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,080
Selling General Administrative	3,308	4,890	4,782	0	5,058	3,573	4,014	4,989	3,807	4,301	3,904	3,814	3,822	3,257	3,068	3,447	3,268	2,791	2,883	3,213	3,201	3,074	2,706	2,588	3,133	2,374	2,252	1,741	3,766	1,399	1,978	1,587	3,240	1,499	1,304	1,412	3,159	1,412	1,372	1,368	3,420	1,248	1,259	1,432	3,115	1,342	1,290	1,386	1,288	1,217	1,308	1,322	1,168	1,201	1,177	1,242	1,014	1,079	1,049	1,124	946	1,066	1,039	1,292	1,061	957	957	999	979	930	890	858	771	738	754	1,680
Tax Provision	807	686	1,271	0	1,773	1,765	1,859	1,505	1,553	1,598	1,638	1,393	1,231	1,240	933	1,017	772	831	492	303	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,052	-6,894	-6,857	1,573	-3,823	-4,754	-5,252	-5,400	-4,391	-4,534	-3,931	-3,955	-3,975	-3,304	-3,074	-3,255	-2,542	-2,052	-2,483	-2,662	-3,224	-2,934	-2,828	-2,952	-3,817	-2,784	-2,726	-2,898	-2,703	-2,537	-3,203	-2,567	-2,547	-2,470	-1,522	-2,545	-1,453	-2,597	-2,103	-2,414	-2,515	-2,322	-2,375	-2,398	-996	-3,607	-2,447	-3,436	-2,449	-3,375	-2,485	-2,647	-2,550	1,225	-2,209	-2,433	-2,255	1,096	-1,446	-1,045	1,080	3,328	1,100	250	797	937	710	718	3,521	3,301	-1,836	-1,864	-6,663	2,449	1,956	2,760
Total Other Income Expense Net	2,708	2,507	4,256	5,811	-2,939	-1,549	-1,044	-997	-1,026	-1,016	-1,106	-1,219	-1,324	-1,430	-1,642	-1,767	-1,836	-1,846	-1,692	-1,650	-1,292	-1,039	-879	-740	-631	-634	-494	-382	-302	-299	-302	-331	-252	-242	-219	-223	-237	-258	-262	-259	-265	-300	-335	-375	-424	-457	-535	-614	-677	-753	-753	-745	-807	-867	-923	-956	-1,136	-1,365	-1,419	-1,640	-1,992	-2,150	-2,274	-2,795	-3,072	-3,091	-2,972	-2,769	-2,698	-2,428	2,581	0	-2,217	-1,759	-1,227	-
Total Revenue	15,333	9,401	11,113	16,609	13,088	12,047	12,656	11,837	10,657	10,944	10,573	9,884	9,459	8,928	7,867	8,454	6,985	6,774	5,839	6,040	6,108	5,965	5,782	6,077	5,761	4,944	4,802	4,780	5,026	4,871	5,640	5,157	4,984	4,888	4,711	5,698	4,767	4,870	4,543	4,732	4,766	4,528	4,465	4,478	3,162	5,726	4,402	5,093	4,069	4,806	4,596	4,205	4,103	4,164	4,046	4,307	3,997	4,008	4,097	4,108	3,633	3,583	3,344	2,937	3,020	3,021	2,948	3,058	319	376	445	3,144	10,456	695	580	2,730

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

Gross Profit (+$)
totalRevenue	65,442
Cost of Revenue	-0
Gross Profit	65,442	65,442

Operating Income (+$)
Gross Profit	65,442
Operating Expense	-7,938
Operating Income	57,504	57,504

Operating Expense (+$)
Research Development	0
Selling General Administrative	16,992
Selling And Marketing Expenses	1,274
Operating Expense	7,938	18,266

Net Interest Income (+$)
Interest Income	59,004
Interest Expense	-24,779
Other Finance Cost	-4,268
Net Interest Income	38,493

Pretax Income (+$)
Operating Income	57,504
Net Interest Income	38,493
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	15,281	42,223 EBIT - interestExpense = -24,779 15,281 35,601
Interest Expense	24,779
Earnings Before Interest and Taxes (EBIT)	0	40,060
Earnings Before Interest and Taxes (EBITDA)	385

After tax Income (+$)
Income Before Tax	15,281
Tax Provision	-5,425
Net Income From Continuing Ops	13,475	9,856
Net Income	10,822
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	50,161
Total Other Income/Expenses Net	15,281	-38,493

Technical Analysis of Summit State Bank
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 Summit State Bank. The general trend of Summit State Bank is BEARISH with 100.0% 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 Summit State Bank'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 (-100.0%)		Bearish trend (100.0%)
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 Summit State Bank.

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: 10.23 < 10.38 < 11.25.

The bearish price targets are: 9.56 > 9.55.

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Summit State Bank 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 Summit State Bank. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 < MA 50: The MA 20 is lower 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 down: The MA 50 is trending down. -1
Close < MA 50: The price is below 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 down: The MA 100 is trending down. -1
Close < MA 100: The price is below 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.

Summit State Bank 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 Summit State Bank. The current macd is -0.21025117.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Summit State Bank price going up in the near term. +2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Summit State Bank. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Summit State Bank price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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

Summit State Bank 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 Summit State Bank. The current adx is 8.8518385.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Summit State Bank shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

Summit State Bank 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 Summit State Bank. The current sar is 10.36.

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

Summit State Bank 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 Summit State Bank. The current rsi is 45.27. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending down: The RSI is trending down. -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.

Summit State Bank 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 Summit State Bank. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
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 Summit State Bank price going up in the near term. +2
Trending down: The STOCH %K is trending down. -1

Summit State Bank 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 Summit State Bank. The current cci is -45.80433946.

Summit State Bank 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 Summit State Bank. The current cmo is -7.22820997.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Summit State Bank 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 Summit State Bank. The current willr is -61.0619469.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Summit State Bank is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Summit State Bank 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 Summit State Bank.

Summit State Bank 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 Summit State Bank. The current atr is 0.36976967.

Summit State Bank 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 Summit State Bank. The current obv is -226,929.

Summit State Bank 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 Summit State Bank. The current mfi is 41.11.

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

Summit State Bank Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Summit State Bank.

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.
2023-12-06	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-07	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-08	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-13	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-14	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	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.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-20	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
2023-12-21	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-12-22	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-26	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2023-12-27	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-28	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-02	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-04	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-08	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
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-17	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-18	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.
2024-01-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-01-22	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-23	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-24	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.
	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).
2024-01-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-30	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-31	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-01	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	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).
2024-02-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-06	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
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-07	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-09	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
2024-02-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-20	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-23	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).
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-28	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-01	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.
2024-03-05	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.
	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).
2024-03-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-07	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-12	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-13	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-14	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	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
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-20	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).
2024-03-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-04	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	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).
2024-04-05	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	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
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-09	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	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.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-19	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
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-23	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-24	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	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).
2024-04-25	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside

6.3. Candlestick Patterns

Summit State Bank Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Summit State Bank based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	45.267
Ma 20	Greater than	Ma 50	10.206
Ma 50	Greater than	Ma 100	10.574
Ma 100	Greater than	Ma 200	11.294
Open	Greater than	Close	10.000
Total			0/5 (0.0%)

Create your own Symbol Scanner

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Quick analysis of Summit State Bank (30 sec.)

What can you expect buying and holding a share of Summit State Bank? (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 Summit State Bank (5 min.)

$10.00

$14.40

$-12.77 - $21.09

$1.63 - $35.49

2. Growth of Summit State Bank (5 min.)

Is Summit State Bank growing?

How much money is Summit State Bank making?

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

3. Financial Health of Summit State Bank (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 Summit State Bank? (5 min.)

What can you expect buying and holding a share of Summit State Bank?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Summit State Bank

About Summit State Bank

Financial Health

Valuation

1.1. Profitability of Summit State Bank.

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 Summit State Bank.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Summit State Bank.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Summit State Bank.

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 Summit State Bank

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

Summit State Bank
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