Chemung Short Term Debt vs Non Current Liabilities Total Analysis

CHMG Stock  USD 43.20  0.20  0.47%   
Chemung Financial financial indicator trend analysis is way more than just evaluating Chemung Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemung Financial Corp is a good investment. Please check the relationship between Chemung Financial Short Term Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Short Term Debt vs Non Current Liabilities Total

Short Term Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemung Financial Corp Short Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Chemung Financial's Short Term Debt and Non Current Liabilities Total is 0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Chemung Financial Corp, assuming nothing else is changed. The correlation between historical values of Chemung Financial's Short Term Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Chemung Financial Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Term Debt i.e., Chemung Financial's Short Term Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Non Current Liabilities Total

Most indicators from Chemung Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemung Financial Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Chemung Financial's Enterprise Value Over EBITDA is most likely to increase slightly in the upcoming years. The Chemung Financial's current Enterprise Value Multiple is estimated to increase to 7.99, while Selling General Administrative is projected to decrease to roughly 21.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.4M7.3M38.6M40.5M
Depreciation And Amortization243K15K2.8M1.6M

Chemung Financial fundamental ratios Correlations

0.710.210.250.990.120.72-0.350.30.280.89-0.60.620.471.00.66-0.21-0.60.42-0.610.360.630.460.620.640.28
0.710.53-0.10.680.360.21-0.490.310.60.37-0.730.810.830.70.20.13-0.730.72-0.350.070.080.00.090.620.01
0.210.53-0.130.180.24-0.2-0.14-0.010.42-0.1-0.830.80.790.2-0.030.68-0.830.890.28-0.07-0.28-0.08-0.250.31-0.08
0.25-0.1-0.130.24-0.710.19-0.07-0.210.050.41-0.06-0.11-0.10.270.10.21-0.060.02-0.160.860.230.170.170.340.89
0.990.680.180.240.130.77-0.260.310.180.91-0.590.60.460.990.72-0.29-0.590.4-0.630.350.70.510.680.570.29
0.120.360.24-0.710.13-0.17-0.160.50.24-0.05-0.220.40.40.11-0.12-0.22-0.220.26-0.03-0.26-0.18-0.26-0.170.18-0.42
0.720.21-0.20.190.77-0.170.190.14-0.40.88-0.190.15-0.030.730.96-0.58-0.19-0.08-0.580.080.980.840.980.080.14
-0.35-0.49-0.14-0.07-0.26-0.160.190.02-0.86-0.070.07-0.33-0.24-0.350.31-0.170.07-0.150.32-0.230.310.330.31-0.750.04
0.30.31-0.01-0.210.310.50.140.020.060.26-0.20.160.280.30.11-0.17-0.20.18-0.170.060.14-0.060.10.16-0.07
0.280.60.420.050.180.24-0.4-0.860.06-0.11-0.330.450.450.27-0.490.45-0.330.48-0.170.24-0.53-0.57-0.550.70.03
0.890.37-0.10.410.91-0.050.88-0.070.26-0.11-0.340.310.160.90.82-0.46-0.340.11-0.640.470.870.690.840.450.42
-0.6-0.73-0.83-0.06-0.59-0.22-0.190.07-0.2-0.33-0.34-0.9-0.88-0.58-0.3-0.431.0-0.96-0.05-0.14-0.12-0.12-0.12-0.37-0.18
0.620.810.8-0.110.60.40.15-0.330.160.450.31-0.90.930.60.260.35-0.90.870.010.060.060.070.080.510.01
0.470.830.79-0.10.460.4-0.03-0.240.280.450.16-0.880.930.450.080.42-0.880.910.120.09-0.1-0.1-0.090.460.08
1.00.70.20.270.990.110.73-0.350.30.270.9-0.580.60.450.67-0.22-0.580.41-0.620.380.640.470.630.650.3
0.660.2-0.030.10.72-0.120.960.310.11-0.490.82-0.30.260.080.67-0.49-0.30.03-0.43-0.020.960.890.970.00.07
-0.210.130.680.21-0.29-0.22-0.58-0.17-0.170.45-0.46-0.430.350.42-0.22-0.49-0.430.60.590.12-0.62-0.46-0.610.130.16
-0.6-0.73-0.83-0.06-0.59-0.22-0.190.07-0.2-0.33-0.341.0-0.9-0.88-0.58-0.3-0.43-0.96-0.05-0.14-0.12-0.12-0.12-0.37-0.18
0.420.720.890.020.40.26-0.08-0.150.180.480.11-0.960.870.910.410.030.6-0.960.180.14-0.15-0.12-0.160.390.16
-0.61-0.350.28-0.16-0.63-0.03-0.580.32-0.17-0.17-0.64-0.050.010.12-0.62-0.430.59-0.050.18-0.23-0.52-0.31-0.49-0.41-0.1
0.360.07-0.070.860.35-0.260.08-0.230.060.240.47-0.140.060.090.38-0.020.12-0.140.14-0.230.13-0.010.050.590.92
0.630.08-0.280.230.7-0.180.980.310.14-0.530.87-0.120.06-0.10.640.96-0.62-0.12-0.15-0.520.130.860.990.00.2
0.460.0-0.080.170.51-0.260.840.33-0.06-0.570.69-0.120.07-0.10.470.89-0.46-0.12-0.12-0.31-0.010.860.88-0.010.08
0.620.09-0.250.170.68-0.170.980.310.1-0.550.84-0.120.08-0.090.630.97-0.61-0.12-0.16-0.490.050.990.88-0.030.13
0.640.620.310.340.570.180.08-0.750.160.70.45-0.370.510.460.650.00.13-0.370.39-0.410.590.0-0.01-0.030.35
0.280.01-0.080.890.29-0.420.140.04-0.070.030.42-0.180.010.080.30.070.16-0.180.16-0.10.920.20.080.130.35
Click cells to compare fundamentals

Chemung Financial Account Relationship Matchups

Chemung Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.3B2.4B2.6B2.7B2.8B
Total Stockholder Equity182.6M199.7M211.5M166.4M195.2M120.1M
Property Plant And Equipment Net30.4M27.3M25.5M22.6M20.2M22.5M
Net Debt(109.7M)(97.4M)(1.1M)145.7M4.0M4.1M
Retained Earnings153.7M168.0M188.9M211.9M229.9M241.4M
Cash121.9M108.5M27.0M55.9M36.8M49.5M
Non Current Assets Total342.4M609.0M846.1M682.2M2.7B2.8B
Non Currrent Assets Other(342.4M)(609.0M)(846.1M)(682.2M)56.1M53.3M
Other Assets1.0B964.2M709.8M1.2B1.1B666.0M
Cash And Short Term Investments406.0M663.1M819.0M688.5M(22.2M)(21.1M)
Net Receivables33.5M43.1M43.8M89.5M102.9M108.0M
Common Stock Shares Outstanding4.9M4.8M4.7M4.7M4.7M4.6M
Liabilities And Stockholders Equity1.8B2.3B2.4B2.6B2.7B2.8B
Other Stockholder Equity34.7M29.2M29.1M29.7M31.3M20.3M
Total Liab1.6B2.1B2.2B2.5B2.5B2.6B
Property Plant And Equipment Gross30.4M27.3M25.5M22.6M94.0M98.7M
Total Current Assets439.5M706.2M862.8M777.9M45.0M42.7M
Other Current Assets127.1M115.0M33.1M64.7M45.0M42.7M
Accumulated Other Comprehensive Income(5.8M)2.4M(6.5M)(75.3M)(66.0M)(62.7M)
Short Long Term Debt Total12.2M11.1M25.9M201.6M40.8M41.2M
Non Current Liabilities Total12.2M11.1M25.9M142.0M663.4M696.6M
Other Current Liab(20.9M)(30.9M)(40.6M)(142.0M)1.8B1.9B
Total Current Liabilities20.9M30.9M40.6M142.0M1.9B1.9B
Accounts Payable20.9M30.9M26.0M46.2M19.6M11.9M
Short Term Debt1.3M1.3M14.6M95.8M33.2M29.0M
Intangible Assets1.4M742K258K15K13.5K12.8K
Short Term Investments284.1M554.6M792.0M632.6M584.0M554.8M
Other Liab12.5M14.3M14.7M16.7M19.2M15.9M
Long Term Debt4.1M3.8M18.2M99.1M89.2M93.7M
Inventory(127.1M)(115.0M)(33.1M)(64.7M)(58.3M)(55.4M)
Treasury Stock(12.6M)(11.7M)(17.5M)(17.8M)(20.5M)(21.5M)
Property Plant Equipment22.4M27.3M25.5M22.6M25.9M28.7M
Net Tangible Assets160.1M177.6M189.6M144.6M166.2M145.7M
Retained Earnings Total Equity153.7M168.0M188.9M211.9M243.6M153.1M
Capital Surpluse46.4M46.8M46.9M47.3M54.4M50.6M
Long Term Investments1.6B559.6M798.8M637.8M587.8M808.6M

Currently Active Assets on Macroaxis

When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Chemung Stock analysis

When running Chemung Financial's price analysis, check to measure Chemung Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chemung Financial is operating at the current time. Most of Chemung Financial's value examination focuses on studying past and present price action to predict the probability of Chemung Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemung Financial's price. Additionally, you may evaluate how the addition of Chemung Financial to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is Chemung Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemung Financial. If investors know Chemung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemung Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
1.24
Earnings Share
5.22
Revenue Per Share
20.334
Quarterly Revenue Growth
0.028
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.