Columbia Selling And Marketing Expenses vs Income Before Tax Analysis
COLB Stock | USD 20.17 0.42 2.13% |
Columbia Banking financial indicator trend analysis is way more than just evaluating Columbia Banking System prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Columbia Banking System is a good investment. Please check the relationship between Columbia Banking Selling And Marketing Expenses and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Banking System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Selling And Marketing Expenses vs Income Before Tax
Selling And Marketing Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Columbia Banking System Selling And Marketing Expenses account and Income Before Tax. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Columbia Banking's Selling And Marketing Expenses and Income Before Tax is 0.12. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Columbia Banking System, assuming nothing else is changed. The correlation between historical values of Columbia Banking's Selling And Marketing Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Columbia Banking System are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling And Marketing Expenses i.e., Columbia Banking's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Columbia Banking income statement and is an important metric when analyzing Columbia Banking System profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Columbia Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Columbia Banking System 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 Columbia Banking System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Columbia Banking's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.2 M, whereas Tax Provision is forecasted to decline to about 63.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 42.4M | 78.0M | 746.2M | 783.5M | Depreciation And Amortization | 4.5M | 4.1M | 111.3M | 116.9M |
Columbia Banking fundamental ratios Correlations
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Columbia Banking Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Columbia Banking fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.8B | 29.2B | 30.6B | 31.8B | 52.2B | 54.8B | |
Short Long Term Debt Total | 1.4B | 1.2B | 482.9M | 1.4B | 4.8B | 5.0B | |
Total Current Liabilities | 11.6B | 13.9B | 18.0B | 17.7B | 32.9B | 34.6B | |
Total Stockholder Equity | 4.3B | 2.7B | 2.7B | 2.5B | 5.0B | 5.2B | |
Property Plant And Equipment Net | 312.2M | 283.0M | 253.5M | 254.6M | 454.8M | 477.5M | |
Net Debt | 26.6M | (1.3B) | (2.3B) | 114.7M | 2.6B | 2.7B | |
Retained Earnings | 770.4M | (932.8M) | (697.3M) | (543.8M) | (467.6M) | (444.2M) | |
Cash | 1.4B | 2.6B | 2.8B | 1.3B | 2.2B | 2.3B | |
Non Current Assets Total | 5.1B | 3.4B | 4.3B | 7.6B | 50.0B | 52.5B | |
Non Currrent Assets Other | (5.1B) | (3.4B) | (4.3B) | 3.8B | 45.5B | 47.8B | |
Other Assets | 18.1B | 18.9B | 18.2B | 19.3B | 22.1B | 23.3B | |
Cash And Short Term Investments | 4.2B | 5.5B | 6.6B | 4.9B | (498.5M) | (473.6M) | |
Net Receivables | 1.5B | 1.5B | 1.5B | 1.7B | 1.7B | 1.8B | |
Common Stock Shares Outstanding | 72.0M | 70.9M | 72.9M | 129.7M | 195.9M | 205.7M | |
Liabilities And Stockholders Equity | 28.8B | 29.2B | 30.6B | 31.8B | 52.2B | 54.8B | |
Non Current Liabilities Total | 1.4B | 1.2B | 487.2M | 29.4B | 14.3B | 15.0B | |
Other Stockholder Equity | 1.6B | 1.6B | 1.9B | 1.9B | 2.2B | 2.3B | |
Total Liab | 1.4B | 1.2B | 487.2M | 29.4B | 47.2B | 49.5B | |
Property Plant And Equipment Gross | 165.4M | 162.1M | 253.5M | 254.6M | 770.1M | 808.6M | |
Total Current Assets | 5.6B | 7.0B | 8.1B | 4.9B | 2.2B | 3.2B | |
Short Term Debt | 1.0B | 85.1M | 100.5M | 1.1B | 286.0M | 177.4M | |
Other Current Assets | 295.1M | 709.2M | 881.1M | 356.6M | 2.2B | 2.5B | |
Accounts Payable | 10.7B | 13.9B | 18.0B | 27.1B | 31.1B | 32.7B | |
Other Current Liab | 10.6B | 13.8B | 17.9B | 16.6B | 32.6B | 34.3B | |
Short Term Investments | 2.8B | 2.9B | 3.9B | 3.2B | 8.8B | 9.3B | |
Common Stock Total Equity | 1.7B | 1.7B | 1.9B | 1.9B | 2.2B | 2.3B | |
Accumulated Other Comprehensive Income | 29.5M | 122.7M | 1.8M | (426.9M) | (340.1M) | (323.1M) | |
Common Stock | 3.5B | 3.5B | 3.4B | 3.5B | 5.8B | 6.1B | |
Other Liab | 99.5M | 250.9M | 232.8M | 313.9M | 361.0M | 379.0M | |
Long Term Debt | 35.3M | 35.1M | 27.7M | 974.6M | 4.4B | 4.6B | |
Inventory | (295.1M) | (709.2M) | (881.1M) | (2.0B) | (1.2B) | (1.2B) | |
Property Plant Equipment | 166.0M | 162.6M | 172.1M | 160.6M | 184.7M | 126.9M | |
Intangible Assets | 133.4M | 106.3M | 132.5M | 189.8M | 712.9M | 748.6M | |
Net Tangible Assets | 1.4B | 1.6B | 1.7B | 1.4B | 1.6B | 1.2B | |
Retained Earnings Total Equity | 519.7M | 575.2M | 694.2M | 850.0M | 977.5M | 1.0B | |
Long Term Investments | 12.4B | 14.5B | 8.1B | 6.6B | 8.9B | 8.3B | |
Non Current Liabilities Other | 246.1M | 324.8M | 318.8M | 366.6M | 421.6M | 229.0M | |
Long Term Debt Total | 35.5M | 35.3M | 35.1M | 20.3M | 18.3M | 22.7M |
Pair Trading with Columbia Banking
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Banking position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Banking will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Stock
0.77 | BY | Byline Bancorp Normal Trading | PairCorr |
0.7 | PB | Prosperity Bancshares Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to Columbia Banking could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Banking when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Banking - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Banking System to buy it.
The correlation of Columbia Banking is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Banking moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Banking System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Banking can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Banking System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running Columbia Banking's price analysis, check to measure Columbia Banking'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 Columbia Banking is operating at the current time. Most of Columbia Banking's value examination focuses on studying past and present price action to predict the probability of Columbia Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Banking's price. Additionally, you may evaluate how the addition of Columbia Banking to your portfolios can decrease your overall portfolio volatility.
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Is Columbia Banking'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 Columbia Banking. If investors know Columbia 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 Columbia Banking 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 (0.30) | Dividend Share 1.08 | Earnings Share 2.46 | Revenue Per Share 9.202 | Quarterly Revenue Growth 0.41 |
The market value of Columbia Banking System is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Banking's value that differs from its market value or its book value, called intrinsic value, which is Columbia Banking'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 Columbia Banking's market value can be influenced by many factors that don't directly affect Columbia Banking'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 Columbia Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Banking'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.