Community Common Stock Shares Outstanding vs Property Plant And Equipment Gross Analysis

CBU Stock  USD 48.39  0.18  0.37%   
Community Bank financial indicator trend analysis is way more than just evaluating Community Bank System prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Bank System is a good investment. Please check the relationship between Community Bank Common Stock Shares Outstanding and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Bank 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 labor statistics.

Common Stock Shares Outstanding vs Property Plant And Equipment Gross

Common Stock Shares Outstanding vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Bank System Common Stock Shares Outstanding account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Community Bank's Common Stock Shares Outstanding and Property Plant And Equipment Gross is 0.5. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Community Bank System, assuming nothing else is changed. The correlation between historical values of Community Bank's Common Stock Shares Outstanding and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Community Bank System are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Common Stock Shares Outstanding i.e., Community Bank's Common Stock Shares Outstanding and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Gross

Most indicators from Community Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Bank 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 Community Bank 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 labor statistics.
At this time, Community Bank's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 45.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 768.5 K in 2024.
 2021 2022 2023 2024 (projected)
Net Income189.7M188.1M131.9M138.5M
Income Before Tax241.3M240.3M168.2M176.6M

Community Bank fundamental ratios Correlations

0.710.37-0.080.80.74-0.10.670.380.23-0.020.630.57-0.08-0.10.740.690.50.610.15-0.16-0.120.970.980.20.52
0.710.440.390.90.97-0.020.990.440.760.570.350.920.39-0.320.951.00.930.370.170.29-0.210.80.79-0.310.86
0.370.440.250.160.340.670.42-0.130.270.110.060.590.24-0.050.310.470.460.050.780.110.180.380.37-0.280.51
-0.080.390.250.140.370.330.44-0.130.810.82-0.650.61.0-0.030.250.420.53-0.640.270.990.40.120.03-0.530.69
0.80.90.160.140.93-0.30.880.570.530.350.540.710.15-0.310.960.880.730.56-0.090.07-0.240.840.86-0.050.71
0.740.970.340.370.93-0.050.970.40.720.540.340.880.37-0.310.940.960.860.350.080.28-0.190.830.83-0.220.86
-0.1-0.020.670.33-0.3-0.050.03-0.810.210.16-0.520.290.31-0.26-0.10.010.06-0.540.380.250.1-0.04-0.07-0.390.3
0.670.990.420.440.880.970.030.370.80.640.280.920.44-0.40.950.990.940.30.120.33-0.230.770.76-0.380.89
0.380.44-0.13-0.130.570.4-0.810.370.05-0.010.690.16-0.120.270.440.420.360.710.08-0.14-0.010.340.370.240.09
0.230.760.270.810.530.720.210.80.050.94-0.30.850.81-0.370.640.770.84-0.270.10.75-0.150.430.36-0.570.83
-0.020.570.110.820.350.540.160.64-0.010.94-0.470.660.82-0.410.490.580.7-0.43-0.040.8-0.140.180.09-0.670.71
0.630.350.06-0.650.540.34-0.520.280.69-0.3-0.470.04-0.650.080.420.330.181.00.02-0.7-0.290.490.570.4-0.09
0.570.920.590.60.710.880.290.920.160.850.660.040.6-0.330.810.930.880.050.330.5-0.090.70.67-0.390.93
-0.080.390.241.00.150.370.310.44-0.120.810.82-0.650.6-0.030.250.420.53-0.630.260.990.410.120.04-0.520.69
-0.1-0.32-0.05-0.03-0.31-0.31-0.26-0.40.27-0.37-0.410.08-0.33-0.03-0.46-0.32-0.320.040.490.030.62-0.15-0.120.55-0.35
0.740.950.310.250.960.94-0.10.950.440.640.490.420.810.25-0.460.930.830.44-0.050.15-0.280.80.8-0.290.81
0.691.00.470.420.880.960.010.990.420.770.580.330.930.42-0.320.930.950.350.210.31-0.20.780.77-0.340.86
0.50.930.460.530.730.860.060.940.360.840.70.180.880.53-0.320.830.950.210.230.42-0.190.610.58-0.520.81
0.610.370.05-0.640.560.35-0.540.30.71-0.27-0.431.00.05-0.630.040.440.350.210.0-0.69-0.320.470.560.36-0.08
0.150.170.780.27-0.090.080.380.120.080.1-0.040.020.330.260.49-0.050.210.230.00.190.460.160.150.10.2
-0.160.290.110.990.070.280.250.33-0.140.750.8-0.70.50.990.030.150.310.42-0.690.190.430.04-0.05-0.450.6
-0.12-0.210.180.4-0.24-0.190.1-0.23-0.01-0.15-0.14-0.29-0.090.410.62-0.28-0.2-0.19-0.320.460.43-0.12-0.120.120.07
0.970.80.380.120.840.83-0.040.770.340.430.180.490.70.12-0.150.80.780.610.470.160.04-0.120.990.080.66
0.980.790.370.030.860.83-0.070.760.370.360.090.570.670.04-0.120.80.770.580.560.15-0.05-0.120.990.140.63
0.2-0.31-0.28-0.53-0.05-0.22-0.39-0.380.24-0.57-0.670.4-0.39-0.520.55-0.29-0.34-0.520.360.1-0.450.120.080.14-0.46
0.520.860.510.690.710.860.30.890.090.830.71-0.090.930.69-0.350.810.860.81-0.080.20.60.070.660.63-0.46
Click cells to compare fundamentals

Community Bank Account Relationship Matchups

Community Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding52.2M53.3M54.4M54.2M53.7M31.0M
Total Assets11.4B13.9B15.6B15.8B15.6B16.4B
Short Long Term Debt Total344.9M371.3M329.9M1.9B806.6M505.6M
Total Current Liabilities223.5M230.7M210.8M902.3M6.4B6.7B
Total Stockholder Equity1.9B2.1B2.1B1.6B1.7B1.8B
Property Plant And Equipment Net164.6M165.7M160.7M160.8M173.4M182.1M
Net Debt139.8M(1.3B)(1.5B)1.7B615.6M646.4M
Retained Earnings882.9M960.2M1.1B1.2B1.2B1.2B
Cash205.0M1.6B1.9B209.9M191.0M253.9M
Non Current Assets Total4.1B4.6B6.0B6.3B15.4B16.2B
Non Currrent Assets Other(28.1M)(32.1M)(29.3M)(303.7M)14.1B14.8B
Cash And Short Term Investments3.2B5.2B6.8B4.4B(191.0M)(181.4M)
Net Receivables31.6M39.0M35.9M52.6M54.5M57.3M
Liabilities And Stockholders Equity11.4B13.9B15.6B15.8B15.5B16.3B
Non Current Liabilities Total344.9M371.3M329.9M902.3M7.4B7.8B
Other Current Assets237.9M1.7B1.9B263.0M246.7M234.4M
Other Stockholder Equity930.6M1.0B1.0B1.0B1.0B1.1B
Total Liab9.6B11.8B13.5B14.3B13.8B14.5B
Property Plant And Equipment Gross164.6M165.7M305.5M298.2M308.5M323.9M
Total Current Assets3.3B5.2B6.8B4.4B246.7M234.4M
Short Term Debt8.3M287.7M333.4M768.4M361.4M231.3M
Other Current Liab(223.5M)(230.7M)(210.8M)(902.3M)6.0B6.3B
Accounts Payable215.2M230.7M210.8M133.9M153.9M146.2M
Accumulated Other Comprehensive Income(10.2M)62.1M(50.6M)(686.4M)(550.0M)(522.5M)
Common Stock Total Equity52.0M53.8M54.1M54.2M62.3M39.2M
Common Stock52.0M53.8M54.1M54.2M54.4M40.0M
Other Liab84.9M110.1M81.9M15.7M18.0M17.1M
Other Assets4.0B4.1B2.7B5.1B5.9B6.2B
Long Term Debt91.1M80.6M329.9M1.1B407.6M262.3M
Inventory(237.9M)(1.7B)(1.9B)(263.0M)136.4M143.2M
Treasury Stock(6.8M)(6.2M)(10.6M)(26.5M)(30.5M)(32.0M)
Intangible Assets63.1M52.9M65.2M61.0M52.6M66.1M
Property Plant Equipment164.6M165.7M160.7M160.8M184.9M104.3M
Good Will773.8M793.7M799.1M841.8M845.4M475.4M
Short Term Investments3.0B3.5B4.9B4.2B2.9B2.7B
Net Tangible Assets1.0B1.3B1.2B661.2M760.3M863.5M
Retained Earnings Total Equity882.9M960.2M1.1B1.2B1.3B788.1M
Long Term Debt Total91.1M80.6M3.3M3.2M2.9M2.8M
Capital Surpluse927.3M1.0B1.0B1.1B1.2B772.1M
Long Term Investments6.8B7.4B5.0B5.3B4.1B5.1B

Pair Trading with Community Bank

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 Community Bank 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 Community Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Community Stock

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The ability to find closely correlated positions to Community Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Bank 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 Community Bank - 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 Community Bank System to buy it.
The correlation of Community Bank 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 Community Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Bank 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 Community Bank 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.
Pair CorrelationCorrelation Matching
When determining whether Community Bank System is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Community Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Community Bank System Stock. Highlighted below are key reports to facilitate an investment decision about Community Bank System Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Bank 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 labor statistics.
Note that the Community Bank System information on this page should be used as a complementary analysis to other Community Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is Community Bank'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 Community Bank. If investors know Community 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 Community Bank 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
6.079
Dividend Share
1.79
Earnings Share
3.1
Revenue Per Share
12.929
Quarterly Revenue Growth
0.417
The market value of Community Bank System is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Bank's value that differs from its market value or its book value, called intrinsic value, which is Community Bank'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 Community Bank's market value can be influenced by many factors that don't directly affect Community Bank'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 Community Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Bank'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.