Citizens Capital Stock vs Total Current Assets Analysis
CFG Stock | USD 35.63 0.24 0.68% |
Citizens Financial financial indicator trend analysis is way more than just evaluating Citizens Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens Financial is a good investment. Please check the relationship between Citizens Financial Capital Stock and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group. 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.
Capital Stock vs Total Current Assets
Capital Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Financial Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Citizens Financial's Capital Stock and Total Current Assets is -0.9. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Citizens Financial Group, assuming nothing else is changed. The correlation between historical values of Citizens Financial's Capital Stock and Total 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 Capital Stock of Citizens Financial Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Citizens Financial's Capital Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Citizens Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens 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 Citizens Financial Group. 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, Citizens Financial's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 339M | 1.0B | 4.0B | 4.2B | Depreciation And Amortization | 625M | 565M | 478M | 424.3M |
Citizens Financial fundamental ratios Correlations
Click cells to compare fundamentals
Citizens Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Citizens Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 451.2M | 428.2M | 427.4M | 477.8M | 476.7M | 402.8M | |
Total Assets | 165.7B | 183.3B | 188.4B | 226.7B | 222.0B | 180.5B | |
Short Long Term Debt Total | 14.1B | 8.6B | 7.0B | 15.9B | 14.0B | 12.2B | |
Total Current Liabilities | 9M | 243M | 74M | 3M | 505M | 479.8M | |
Total Stockholder Equity | 22.2B | 22.7B | 23.4B | 23.7B | 24.3B | 23.8B | |
Other Liab | 3.1B | 4.8B | 3.4B | 3.5B | 3.1B | 2.7B | |
Property Plant And Equipment Net | 761M | 759M | 768M | 844M | 895M | 781.8M | |
Net Debt | 10.4B | (4.5B) | (2.5B) | 5.0B | 1.9B | 1.8B | |
Retained Earnings | 6.5B | 6.4B | 8.0B | 9.2B | 9.8B | 5.7B | |
Accounts Payable | 125.3B | 147.2B | 154.4B | 180.7B | 207.8B | 133.2B | |
Cash | 3.7B | 13.0B | 9.5B | 10.9B | 12.0B | 6.8B | |
Non Current Assets Total | 32.5B | 34.0B | 36.2B | 9.3B | 9.2B | 8.8B | |
Non Currrent Assets Other | (552M) | (800M) | (1.4B) | (33.8B) | (38.6B) | (36.7B) | |
Other Assets | 106.4B | 111.4B | 115.1B | 217.1B | 181.2B | 128.8B | |
Long Term Debt | 14.2B | 8.5B | 6.9B | 7.4B | 13.5B | 9.9B | |
Cash And Short Term Investments | 24.3B | 36.0B | 35.5B | 34.9B | 31.6B | 29.0B | |
Net Receivables | 2.5B | 2.0B | 1.6B | 1.5B | 1.1B | 1.1B | |
Good Will | 7.0B | 7.1B | 7.1B | 8.2B | 8.2B | 6.0B | |
Short Term Investments | 20.6B | 22.9B | 26.1B | 24.0B | 29.7B | 23.3B | |
Liabilities And Stockholders Equity | 165.7B | 183.3B | 188.4B | 226.7B | 222.0B | 180.5B | |
Non Current Liabilities Total | 14.9B | 9.0B | 6.9B | 3M | 13.5B | 9.5B | |
Inventory | (3.7B) | (13.5B) | (10.0B) | (14.2B) | (12.7B) | (12.1B) | |
Other Current Assets | 3.7B | 13.5B | 10.0B | (36.0B) | 13.0B | 12.4B | |
Other Stockholder Equity | 14.5B | 14.3B | 14.1B | 17.1B | 16.3B | 13.3B | |
Total Liab | 143.5B | 160.7B | 165.0B | 203.0B | 197.6B | 156.7B | |
Property Plant And Equipment Gross | 761M | 759M | 1.6B | 1.7B | 1.7B | 1.0B | |
Total Current Assets | 26.8B | 37.9B | 37.1B | 316M | 31.6B | 59.9B | |
Accumulated Other Comprehensive Income | (411M) | (60M) | (665M) | (4.6B) | (3.8B) | (3.6B) | |
Short Term Debt | 9M | 243M | 74M | 3M | 505M | 479.8M | |
Intangible Assets | 1.6B | 1.6B | 64M | 197M | 157M | 149.2M | |
Property Plant Equipment | 761M | 759M | 768M | 844M | 970.6M | 763.4M | |
Other Current Liab | (9M) | (243M) | (74M) | (3M) | (505M) | (479.8M) | |
Net Tangible Assets | 13.6B | 13.7B | 14.3B | 13.3B | 15.3B | 14.5B | |
Retained Earnings Total Equity | 6.5B | 6.4B | 8.0B | 9.2B | 10.5B | 5.6B | |
Long Term Debt Total | 14.2B | 8.5B | 6.9B | 7.4B | 6.6B | 8.2B | |
Capital Surpluse | 18.9B | 18.9B | 19.0B | 22.1B | 25.5B | 21.1B | |
Deferred Long Term Liab | 571M | 573M | 866M | 629M | 723.4M | 719.1M | |
Long Term Investments | 144.4B | 152.3B | 28.3B | 33.8B | 38.6B | 36.7B | |
Short Long Term Debt | 9M | 243M | 74M | 3M | 505M | 479.8M | |
Preferred Stock Total Equity | 840M | 1.6B | 2.0B | 2.0B | 2.3B | 2.4B |
Pair Trading with Citizens Financial
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 Citizens Financial 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 Citizens Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Citizens Stock
0.83 | DB | Deutsche Bank AG | PairCorr |
Moving against Citizens Stock
0.62 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
0.62 | EBTC | Enterprise Bancorp | PairCorr |
0.49 | EGBN | Eagle Bancorp Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to Citizens Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citizens Financial 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 Citizens Financial - 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 Citizens Financial Group to buy it.
The correlation of Citizens Financial 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 Citizens Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens 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 Citizens Financial 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 Citizens Financial Group. 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 Citizens Financial information on this page should be used as a complementary analysis to other Citizens Financial'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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Citizens Stock analysis
When running Citizens Financial's price analysis, check to measure Citizens Financial'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 Citizens Financial is operating at the current time. Most of Citizens Financial's value examination focuses on studying past and present price action to predict the probability of Citizens Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citizens Financial's price. Additionally, you may evaluate how the addition of Citizens Financial to your portfolios can decrease your overall portfolio volatility.
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Is Citizens Financial'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 Citizens Financial. If investors know Citizens 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 Citizens Financial 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 (0.35) | Dividend Share 1.68 | Earnings Share 2.78 | Revenue Per Share 15.701 | Quarterly Revenue Growth (0.09) |
The market value of Citizens Financial is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Financial's value that differs from its market value or its book value, called intrinsic value, which is Citizens Financial'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 Citizens Financial's market value can be influenced by many factors that don't directly affect Citizens Financial'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 Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial'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.