Community Other Stockholder Equity 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 Other Stockholder Equity 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.
Other Stockholder Equity vs Property Plant And Equipment Gross
Other Stockholder Equity 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 Other Stockholder Equity account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Community Bank's Other Stockholder Equity and Property Plant And Equipment Gross is 0.83. Overlapping area represents the amount of variation of Other Stockholder Equity 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 Other Stockholder Equity 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 Other Stockholder Equity 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 Other Stockholder Equity i.e., Community Bank's Other Stockholder Equity and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
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 Income | 189.7M | 188.1M | 131.9M | 138.5M | Income Before Tax | 241.3M | 240.3M | 168.2M | 176.6M |
Community Bank fundamental ratios Correlations
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Community Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 52.2M | 53.3M | 54.4M | 54.2M | 53.7M | 31.0M | |
Total Assets | 11.4B | 13.9B | 15.6B | 15.8B | 15.6B | 16.4B | |
Short Long Term Debt Total | 344.9M | 371.3M | 329.9M | 1.9B | 806.6M | 505.6M | |
Total Current Liabilities | 223.5M | 230.7M | 210.8M | 902.3M | 6.4B | 6.7B | |
Total Stockholder Equity | 1.9B | 2.1B | 2.1B | 1.6B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 164.6M | 165.7M | 160.7M | 160.8M | 173.4M | 182.1M | |
Net Debt | 139.8M | (1.3B) | (1.5B) | 1.7B | 615.6M | 646.4M | |
Retained Earnings | 882.9M | 960.2M | 1.1B | 1.2B | 1.2B | 1.2B | |
Cash | 205.0M | 1.6B | 1.9B | 209.9M | 191.0M | 253.9M | |
Non Current Assets Total | 4.1B | 4.6B | 6.0B | 6.3B | 15.4B | 16.2B | |
Non Currrent Assets Other | (28.1M) | (32.1M) | (29.3M) | (303.7M) | 14.1B | 14.8B | |
Cash And Short Term Investments | 3.2B | 5.2B | 6.8B | 4.4B | (191.0M) | (181.4M) | |
Net Receivables | 31.6M | 39.0M | 35.9M | 52.6M | 54.5M | 57.3M | |
Liabilities And Stockholders Equity | 11.4B | 13.9B | 15.6B | 15.8B | 15.5B | 16.3B | |
Non Current Liabilities Total | 344.9M | 371.3M | 329.9M | 902.3M | 7.4B | 7.8B | |
Other Current Assets | 237.9M | 1.7B | 1.9B | 263.0M | 246.7M | 234.4M | |
Other Stockholder Equity | 930.6M | 1.0B | 1.0B | 1.0B | 1.0B | 1.1B | |
Total Liab | 9.6B | 11.8B | 13.5B | 14.3B | 13.8B | 14.5B | |
Property Plant And Equipment Gross | 164.6M | 165.7M | 305.5M | 298.2M | 308.5M | 323.9M | |
Total Current Assets | 3.3B | 5.2B | 6.8B | 4.4B | 246.7M | 234.4M | |
Short Term Debt | 8.3M | 287.7M | 333.4M | 768.4M | 361.4M | 231.3M | |
Other Current Liab | (223.5M) | (230.7M) | (210.8M) | (902.3M) | 6.0B | 6.3B | |
Accounts Payable | 215.2M | 230.7M | 210.8M | 133.9M | 153.9M | 146.2M | |
Accumulated Other Comprehensive Income | (10.2M) | 62.1M | (50.6M) | (686.4M) | (550.0M) | (522.5M) | |
Common Stock Total Equity | 52.0M | 53.8M | 54.1M | 54.2M | 62.3M | 39.2M | |
Common Stock | 52.0M | 53.8M | 54.1M | 54.2M | 54.4M | 40.0M | |
Other Liab | 84.9M | 110.1M | 81.9M | 15.7M | 18.0M | 17.1M | |
Other Assets | 4.0B | 4.1B | 2.7B | 5.1B | 5.9B | 6.2B | |
Long Term Debt | 91.1M | 80.6M | 329.9M | 1.1B | 407.6M | 262.3M | |
Inventory | (237.9M) | (1.7B) | (1.9B) | (263.0M) | 136.4M | 143.2M | |
Treasury Stock | (6.8M) | (6.2M) | (10.6M) | (26.5M) | (30.5M) | (32.0M) | |
Intangible Assets | 63.1M | 52.9M | 65.2M | 61.0M | 52.6M | 66.1M | |
Property Plant Equipment | 164.6M | 165.7M | 160.7M | 160.8M | 184.9M | 104.3M | |
Good Will | 773.8M | 793.7M | 799.1M | 841.8M | 845.4M | 475.4M | |
Short Term Investments | 3.0B | 3.5B | 4.9B | 4.2B | 2.9B | 2.7B | |
Net Tangible Assets | 1.0B | 1.3B | 1.2B | 661.2M | 760.3M | 863.5M | |
Retained Earnings Total Equity | 882.9M | 960.2M | 1.1B | 1.2B | 1.3B | 788.1M | |
Long Term Debt Total | 91.1M | 80.6M | 3.3M | 3.2M | 2.9M | 2.8M | |
Capital Surpluse | 927.3M | 1.0B | 1.0B | 1.1B | 1.2B | 772.1M | |
Long Term Investments | 6.8B | 7.4B | 5.0B | 5.3B | 4.1B | 5.1B |
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
0.68 | AX | Axos Financial Fiscal Year End 25th of July 2024 | PairCorr |
0.68 | BY | Byline Bancorp Financial Report 25th of July 2024 | PairCorr |
0.63 | KB | KB Financial Group | PairCorr |
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.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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Community Stock analysis
When running Community Bank's price analysis, check to measure Community Bank'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 Community Bank is operating at the current time. Most of Community Bank's value examination focuses on studying past and present price action to predict the probability of Community Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Bank's price. Additionally, you may evaluate how the addition of Community Bank to your portfolios can decrease your overall portfolio volatility.
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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.