Capitol Income Tax Expense vs Total Assets Analysis

CFFN Stock  USD 5.96  0.06  1.02%   
Capitol Federal financial indicator trend analysis is way more than just evaluating Capitol Federal Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capitol Federal Financial is a good investment. Please check the relationship between Capitol Federal Income Tax Expense and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capitol Federal Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Income Tax Expense vs Total Assets

Income Tax Expense vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capitol Federal Financial Income Tax Expense account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Capitol Federal's Income Tax Expense and Total Assets is -0.07. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Assets in the same time period over historical financial statements of Capitol Federal Financial, assuming nothing else is changed. The correlation between historical values of Capitol Federal's Income Tax Expense and Total 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 Income Tax Expense of Capitol Federal Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Income Tax Expense i.e., Capitol Federal's Income Tax Expense and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Total Assets

Total assets refers to the total amount of Capitol Federal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Capitol Federal Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Capitol Federal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capitol Federal Financial 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 Capitol Federal Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At this time, Capitol Federal's Selling General Administrative is very stable compared to the past year. As of the 29th of March 2024, Enterprise Value Multiple is likely to grow to 56.27, though Tax Provision is likely to grow to (34.7 M).
 2021 2022 2023 2024 (projected)
Interest Income279.5M359.8M413.8M338.1M
Net Interest Income192.6M153.3M137.9M150.5M

Capitol Federal fundamental ratios Correlations

0.790.40.730.76-0.70.33-0.88-0.030.950.33-0.01-0.920.470.54-0.810.60.30.370.440.40.880.430.46-0.3-0.44
0.790.310.230.91-0.350.65-0.72-0.050.630.65-0.34-0.650.730.28-0.380.260.64-0.050.10.370.710.470.220.17-0.34
0.40.310.440.24-0.250.42-0.520.340.320.420.21-0.610.430.85-0.350.040.410.13-0.24-0.450.310.24-0.23-0.280.04
0.730.230.440.32-0.69-0.03-0.670.20.84-0.030.3-0.790.020.62-0.830.52-0.060.550.440.140.640.090.36-0.55-0.28
0.760.910.240.32-0.240.46-0.790.180.720.46-0.31-0.610.740.15-0.380.160.44-0.170.050.350.820.420.230.08-0.23
-0.7-0.35-0.25-0.69-0.240.020.510.48-0.620.02-0.070.77-0.01-0.690.88-0.910.03-0.84-0.74-0.56-0.36-0.39-0.540.370.74
0.330.650.42-0.030.460.02-0.30.170.121.0-0.11-0.290.470.270.06-0.21.0-0.25-0.34-0.210.170.06-0.180.430.06
-0.88-0.72-0.52-0.67-0.790.51-0.3-0.31-0.85-0.3-0.140.9-0.73-0.490.77-0.37-0.27-0.16-0.25-0.2-0.88-0.64-0.150.490.21
-0.03-0.050.340.20.180.480.17-0.310.110.170.33-0.050.34-0.080.09-0.570.15-0.5-0.52-0.60.27-0.03-0.43-0.290.71
0.950.630.320.840.72-0.620.12-0.850.110.120.06-0.840.340.43-0.80.530.090.340.450.350.930.280.49-0.38-0.36
0.330.650.42-0.030.460.021.0-0.30.170.12-0.11-0.290.470.270.06-0.21.0-0.25-0.34-0.210.170.06-0.180.430.06
-0.01-0.340.210.3-0.31-0.07-0.11-0.140.330.06-0.11-0.18-0.110.19-0.24-0.03-0.120.09-0.05-0.420.01-0.06-0.16-0.550.36
-0.92-0.65-0.61-0.79-0.610.77-0.290.9-0.05-0.84-0.29-0.18-0.51-0.750.89-0.61-0.26-0.44-0.38-0.26-0.74-0.55-0.270.490.41
0.470.730.430.020.74-0.010.47-0.730.340.340.47-0.11-0.510.18-0.24-0.080.46-0.35-0.190.020.560.75-0.29-0.150.03
0.540.280.850.620.15-0.690.27-0.49-0.080.430.270.19-0.750.18-0.640.50.260.580.19-0.070.250.270.11-0.33-0.36
-0.81-0.38-0.35-0.83-0.380.880.060.770.09-0.80.06-0.240.89-0.24-0.64-0.80.08-0.71-0.7-0.42-0.62-0.55-0.440.680.5
0.60.260.040.520.16-0.91-0.2-0.37-0.570.53-0.2-0.03-0.61-0.080.5-0.8-0.20.840.810.710.280.40.75-0.38-0.68
0.30.640.41-0.060.440.031.0-0.270.150.091.0-0.12-0.260.460.260.08-0.2-0.25-0.35-0.220.140.05-0.190.450.06
0.37-0.050.130.55-0.17-0.84-0.25-0.16-0.50.34-0.250.09-0.44-0.350.58-0.710.84-0.250.830.430.040.170.54-0.4-0.66
0.440.1-0.240.440.05-0.74-0.34-0.25-0.520.45-0.34-0.05-0.38-0.190.19-0.70.81-0.350.830.670.260.340.57-0.4-0.73
0.40.37-0.450.140.35-0.56-0.21-0.2-0.60.35-0.21-0.42-0.260.02-0.07-0.420.71-0.220.430.670.250.330.670.04-0.63
0.880.710.310.640.82-0.360.17-0.880.270.930.170.01-0.740.560.25-0.620.280.140.040.260.250.380.3-0.35-0.2
0.430.470.240.090.42-0.390.06-0.64-0.030.280.06-0.06-0.550.750.27-0.550.40.050.170.340.330.38-0.07-0.5-0.28
0.460.22-0.230.360.23-0.54-0.18-0.15-0.430.49-0.18-0.16-0.27-0.290.11-0.440.75-0.190.540.570.670.3-0.07-0.01-0.42
-0.30.17-0.28-0.550.080.370.430.49-0.29-0.380.43-0.550.49-0.15-0.330.68-0.380.45-0.4-0.40.04-0.35-0.5-0.01-0.05
-0.44-0.340.04-0.28-0.230.740.060.210.71-0.360.060.360.410.03-0.360.5-0.680.06-0.66-0.73-0.63-0.2-0.28-0.42-0.05
Click cells to compare fundamentals

Capitol Federal Account Relationship Matchups

Capitol Federal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5B9.6B9.6B10.2B11.7B9.6B
Short Long Term Debt Total1.8B1.6B2.1B2.9B3.3B2.8B
Total Stockholder Equity1.3B1.2B1.1B1.0B1.2B1.2B
Property Plant And Equipment Net101.9M99.1M106.4M91.5M105.3M61.0M
Net Debt1.6B1.5B2.1B2.6B2.4B1.9B
Retained Earnings143.2M98.9M80.3M(114.7M)(103.2M)(98.0M)
Cash185.1M42.3M49.2M245.6M282.4M210.9M
Non Current Assets Total116.7M112.4M118.3M91.5M82.4M78.3M
Non Currrent Assets Other(211.7M)(219.0M)(118.3M)(1.5B)(1.7B)(1.8B)
Other Assets9.2B9.5B9.5B9.8B11.3B7.8B
Cash And Short Term Investments185.1M42.3M49.2M245.6M282.4M210.9M
Net Receivables7.2B7.1B1.3M8.5M9.8M9.3M
Common Stock Shares Outstanding137.9M135.5M135.7M133.6M120.2M127.2M
Liabilities And Stockholders Equity9.5B9.6B9.6B10.2B11.7B9.6B
Non Current Liabilities Total1.8B1.6B1.8B1.9B1.7B2.9B
Other Stockholder Equity1.1B1.1B1.0B1.1B1.3B1.4B
Total Liab1.8B1.6B1.8B1.9B1.7B1.6B
Property Plant And Equipment Gross101.9M192.9M188.2M192.2M221.1M232.1M
Total Current Assets185.1M42.3M49.2M245.6M282.4M222.8M
Accumulated Other Comprehensive Income(49.5M)(47.7M)(145.6M)8.7M7.8M8.2M
Other Current Liab3.4B4.0B3.6B3.4B3.9B4.1B
Total Current Liabilities4.2B4.1B3.9B4.4B5.1B5.4B
Accounts Payable101.9M146.9M129.3M6.2B5.6B5.9B
Common Stock1.4M1.4M1.4M1.4M1.2M2.0M
Other Liab80.0M73.9M207.8M201.4M231.6M121.0M
Long Term Debt1.8B1.6B2.1B2.9B2.6B2.0B
Inventory183K170K(47.9M)(291.0M)(261.9M)(248.8M)
Property Plant Equipment96.8M116.6M99.1M94.8M109.0M62.7M
Short Term Debt844.2M176.2M330.8M1.0B918.7M1.2B
Intangible Assets7.5M5.5M9.3M1.5M1.7M1.7M
Other Current Assets239.9M89.1M46.6M282.5M254.2M241.5M
Net Tangible Assets1.3B1.3B1.2B1.1B986.8M1.0B
Short Term Investments1.6B2.0B1.6B1.4B1.6B1.1B
Long Term Investments1.6B2.0B1.6B1.4B1.2B1.7B

Pair Trading with Capitol Federal

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 Capitol Federal 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 Capitol Federal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Capitol Stock

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Moving against Capitol Stock

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The ability to find closely correlated positions to Capitol Federal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capitol Federal 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 Capitol Federal - 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 Capitol Federal Financial to buy it.
The correlation of Capitol Federal 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 Capitol Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capitol Federal Financial 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 Capitol Federal 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 Capitol Federal Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Capitol Federal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Capitol Federal Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Capitol Federal Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capitol Federal Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Capitol Federal Financial information on this page should be used as a complementary analysis to other Capitol Federal'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Capitol Federal'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 Capitol Federal. If investors know Capitol 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 Capitol Federal 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
(0.84)
Dividend Share
0.34
Earnings Share
(0.86)
Revenue Per Share
(0.32)
Quarterly Revenue Growth
(0.36)
The market value of Capitol Federal Financial is measured differently than its book value, which is the value of Capitol that is recorded on the company's balance sheet. Investors also form their own opinion of Capitol Federal's value that differs from its market value or its book value, called intrinsic value, which is Capitol Federal'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 Capitol Federal's market value can be influenced by many factors that don't directly affect Capitol Federal'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 Capitol Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capitol Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capitol Federal'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.