Capital Accounts Payable vs Other Current Assets Analysis
CBNK Stock | USD 19.58 0.06 0.31% |
Capital Bancorp financial indicator trend analysis is way more than just evaluating Capital Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capital Bancorp is a good investment. Please check the relationship between Capital Bancorp Accounts Payable and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Capital Stock please use our How to buy in Capital Stock guide.
Accounts Payable vs Other Current Assets
Accounts Payable vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capital Bancorp Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Capital Bancorp's Accounts Payable and Other Current Assets is -0.49. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Capital Bancorp, assuming nothing else is changed. The correlation between historical values of Capital Bancorp's Accounts Payable and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Capital Bancorp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Capital Bancorp's Accounts Payable and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Capital Bancorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Capital Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Capital Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capital Bancorp 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 Capital Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Capital Stock please use our How to buy in Capital Stock guide.At this time, Capital Bancorp's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 750.67 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.22.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 116.7M | 140.6M | 141.8M | 89.7M | Tax Provision | 13.9M | 12.4M | 10.8M | 9.2M |
Capital Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Capital Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capital Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.9B | 2.1B | 2.1B | 2.2B | 1.2B | |
Total Current Liabilities | 1.8M | 11.1M | 10.5M | 11.0M | 1.8B | 1.9B | |
Total Stockholder Equity | 133.3M | 159.3M | 197.9M | 224.0M | 254.9M | 267.6M | |
Net Tangible Assets | 133.3M | 159.3M | 197.9M | 224.0M | 257.6M | 270.5M | |
Retained Earnings | 81.6M | 106.9M | 144.5M | 182.4M | 213.3M | 224.0M | |
Accounts Payable | 1.8M | 1.1M | 473K | 1.0M | 5.6M | 5.9M | |
Cash | 113.0M | 144.5M | 179.7M | 59.7M | 53.6M | 67.0M | |
Other Assets | 1.2B | 1.5B | 1.5B | 1.5B | 1.8B | 1.9B | |
Short Term Investments | 60.8M | 99.8M | 184.5M | 252.5M | 208.3M | 218.7M | |
Other Current Assets | 122.0M | 158.4M | 191.4M | 89.9M | 65.5M | 102.2M | |
Total Liab | 1.3B | 1.7B | 1.9B | 1.9B | 2.0B | 1.1B | |
Long Term Investments | 60.8M | 99.8M | 184.7M | 252.5M | 208.3M | 109.6M | |
Total Current Assets | 178.6M | 252.5M | 372.1M | 321.7M | 65.5M | 62.2M | |
Common Stock | 137K | 139K | 138K | 140K | 141K | 99.0K | |
Property Plant Equipment | 6.1M | 4.5M | 3.3M | 3.4M | 3.0M | 3.2M | |
Long Term Debt | 47.6M | 36.0M | 34.1M | 119.1M | 49.1M | 34.0M | |
Common Stock Total Equity | 139K | 138K | 140K | 141K | 162.2K | 102.4K | |
Retained Earnings Total Equity | 81.6M | 106.9M | 144.5M | 182.4M | 209.8M | 220.3M | |
Inventory | (122.0M) | (158.4M) | (191.4M) | (89.9M) | 3.0M | 3.2M | |
Accumulated Other Comprehensive Income | 13K | 1.7M | (1.1M) | (16.8M) | (13.1M) | (12.4M) | |
Common Stock Shares Outstanding | 14.0M | 13.8M | 14.1M | 14.4M | 14.1M | 14.5M | |
Short Long Term Debt Total | 47.6M | 36.0M | 34.1M | 129.1M | 52.9M | 48.4M | |
Other Liab | 19.4M | 24.6M | 25.7M | 19.1M | 22.0M | 17.3M | |
Property Plant And Equipment Net | 6.1M | 4.5M | 3.3M | 3.4M | 5.1M | 4.0M | |
Net Debt | (65.3M) | (108.5M) | (145.7M) | 69.3M | (704K) | (739.2K) | |
Non Current Assets Total | 66.9M | 104.3M | 188.0M | 255.9M | 2.2B | 2.3B | |
Non Currrent Assets Other | (66.9M) | (104.3M) | (188.0M) | (13.8M) | 48.6M | 51.0M | |
Cash And Short Term Investments | 173.8M | 244.3M | 364.2M | 312.2M | (14.5M) | (13.8M) | |
Net Receivables | 4.8M | 8.1M | 7.9M | 9.5M | 11.5M | 6.9M | |
Long Term Debt Total | 13.4M | 15.4M | 14.0M | 12.1M | 10.9M | 12.5M | |
Liabilities And Stockholders Equity | 1.4B | 1.9B | 2.1B | 2.1B | 2.2B | 1.6B | |
Non Current Liabilities Total | 47.6M | 36.0M | 34.1M | 11.0M | 134.1M | 140.8M | |
Capital Surpluse | 51.6M | 50.6M | 54.3M | 58.2M | 66.9M | 46.5M | |
Other Stockholder Equity | 51.6M | 50.6M | 54.3M | 58.2M | 54.5M | 48.0M | |
Property Plant And Equipment Gross | 6.1M | 4.5M | 11.4M | 11.8M | 13.8M | 7.1M | |
Short Long Term Debt | 1.8M | (169K) | 13.3M | 10M | 9M | 9.4M | |
Short Term Debt | 1.8M | (169K) | 13.3M | 10M | 1.2M | 1.1M | |
Net Invested Capital | 181.0M | 195.3M | 232.0M | 343.1M | 303.9M | 233.6M | |
Other Current Liab | (1.8M) | (11.1M) | (10.5M) | (11.0M) | 1.8B | 1.9B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Capital Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Capital Bancorp's short interest history, or implied volatility extrapolated from Capital Bancorp options trading.
Pair Trading with Capital Bancorp
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 Capital Bancorp 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 Capital Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Capital Stock
0.77 | AX | Axos Financial Earnings Call Tomorrow | PairCorr |
0.82 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Capital Stock
0.58 | TECTP | Tectonic Financial | PairCorr |
0.52 | DB | Deutsche Bank AG Normal Trading | PairCorr |
0.51 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
0.5 | NU | Nu Holdings Aggressive Push | PairCorr |
0.49 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Capital Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital Bancorp 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 Capital Bancorp - 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 Capital Bancorp to buy it.
The correlation of Capital Bancorp 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 Capital Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Bancorp 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 Capital Bancorp 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 Capital Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Capital Stock please use our How to buy in Capital Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
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Is Capital Bancorp'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 Capital Bancorp. If investors know Capital 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 Capital Bancorp 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 (0.31) | Dividend Share 0.32 | Earnings Share 2.34 | Revenue Per Share 11.205 | Quarterly Revenue Growth (0.02) |
The market value of Capital Bancorp is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Capital Bancorp'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 Capital Bancorp's market value can be influenced by many factors that don't directly affect Capital Bancorp'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 Capital Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Bancorp'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.