City Net Income vs Depreciation And Amortization Analysis

CIO Stock

USD 4.84 0.08 1.68%

City Office financial indicator trend analysis is way more than just evaluating City Office prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether City Office is a good investment. Please check the relationship between City Office Net Income and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in City Stock, please use our How to Invest in City Office guide.

Net Income vs Depreciation And Amortization

Net Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of City Office Net Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.

The correlation between City Office's Net Income and Depreciation And Amortization is 0.26. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of City Office, assuming nothing else is changed. The correlation between historical values of City Office's Net Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of City Office are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income i.e., City Office's Net Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in City Office financial statement analysis. It represents the amount of money remaining after all of City Office operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from City Office's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into City Office 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 City Office. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in City Stock, please use our How to Invest in City Office guide.At this time, City Office's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 3rd of May 2024, Enterprise Value Multiple is likely to grow to 17.45, while Selling General Administrative is likely to drop about 8.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	23.3M	25.8M	31.9M	18.6M
Depreciation And Amortization	56.0M	62.5M	63.0M	40.1M

Interest Expense Depreciation And Amortization

City Office fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Other Liab	Accounts Payable	Other Assets	Long Term Debt	Short Term Investments
Total Assets		0.97	-0.51	0.51	0.98	-0.16	0.96	0.97	0.58	1.0	0.88	0.58	0.84	0.96	0.95	-0.63	0.95	0.97	0.91	0.85	0.82	0.97	0.98	0.74	0.9	-0.26
Short Long Term Debt Total	0.97		-0.55	0.47	0.9	-0.1	0.92	1.0	0.56	0.96	0.83	0.56	0.83	0.95	0.98	-0.56	0.93	0.99	0.92	0.87	0.84	0.9	0.99	0.68	0.92	-0.19
Other Current Liab	-0.51	-0.55		0.27	-0.51	0.07	-0.55	-0.57	-0.02	-0.53	-0.38	-0.02	-0.18	-0.42	-0.57	0.03	-0.36	-0.47	-0.3	-0.18	-0.52	-0.49	-0.51	-0.28	-0.43	0.11
Total Current Liabilities	0.51	0.47	0.27		0.49	-0.25	0.43	0.47	0.27	0.51	0.67	0.27	0.85	0.48	0.38	-0.59	0.46	0.5	0.66	0.48	0.26	0.48	0.5	0.72	0.42	-0.3
Total Stockholder Equity	0.98	0.9	-0.51	0.49		-0.22	0.95	0.9	0.55	0.98	0.89	0.55	0.82	0.91	0.87	-0.68	0.89	0.9	0.84	0.75	0.72	0.96	0.93	0.79	0.8	-0.33
Property Plant And Equipment Net	-0.16	-0.1	0.07	-0.25	-0.22		-0.13	-0.09	-0.21	-0.17	-0.54	-0.21	-0.26	-0.21	-0.05	0.62	-0.09	-0.08	0.03	0.0	0.23	-0.25	-0.19	-0.41	-0.02	0.97
Current Deferred Revenue	0.96	0.92	-0.55	0.43	0.95	-0.13		0.91	0.53	0.97	0.84	0.53	0.77	0.91	0.91	-0.63	0.89	0.92	0.85	0.77	0.79	0.96	0.92	0.76	0.87	-0.23
Net Debt	0.97	1.0	-0.57	0.47	0.9	-0.09	0.91		0.52	0.96	0.83	0.52	0.82	0.94	0.97	-0.54	0.92	0.98	0.91	0.86	0.83	0.89	0.98	0.69	0.91	-0.19
Cash	0.58	0.56	-0.02	0.27	0.55	-0.21	0.53	0.52		0.56	0.54	1.0	0.52	0.61	0.59	-0.66	0.71	0.59	0.55	0.75	0.54	0.62	0.62	0.25	0.56	-0.22
Non Current Assets Total	1.0	0.96	-0.53	0.51	0.98	-0.17	0.97	0.96	0.56		0.88	0.56	0.84	0.95	0.94	-0.63	0.94	0.97	0.9	0.83	0.81	0.97	0.98	0.75	0.89	-0.27
Non Currrent Assets Other	0.88	0.83	-0.38	0.67	0.89	-0.54	0.84	0.83	0.54	0.88		0.54	0.91	0.86	0.79	-0.82	0.8	0.83	0.8	0.68	0.58	0.89	0.88	0.86	0.75	-0.61
Cash And Short Term Investments	0.58	0.56	-0.02	0.27	0.55	-0.21	0.53	0.52	1.0	0.56	0.54		0.52	0.61	0.59	-0.66	0.71	0.59	0.55	0.75	0.54	0.62	0.62	0.25	0.56	-0.22
Net Receivables	0.84	0.83	-0.18	0.85	0.82	-0.26	0.77	0.82	0.52	0.84	0.91	0.52		0.8	0.76	-0.74	0.78	0.82	0.89	0.74	0.6	0.79	0.85	0.84	0.73	-0.35
Common Stock Shares Outstanding	0.96	0.95	-0.42	0.48	0.91	-0.21	0.91	0.94	0.61	0.95	0.86	0.61	0.8		0.95	-0.64	0.98	0.96	0.9	0.91	0.8	0.91	0.97	0.67	0.94	-0.33
Non Current Liabilities Total	0.95	0.98	-0.57	0.38	0.87	-0.05	0.91	0.97	0.59	0.94	0.79	0.59	0.76	0.95		-0.5	0.95	0.98	0.92	0.88	0.92	0.9	0.96	0.59	0.97	-0.14
Other Current Assets	-0.63	-0.56	0.03	-0.59	-0.68	0.62	-0.63	-0.54	-0.66	-0.63	-0.82	-0.66	-0.74	-0.64	-0.5		-0.61	-0.55	-0.52	-0.55	-0.23	-0.66	-0.64	-0.75	-0.46	0.67
Other Stockholder Equity	0.95	0.93	-0.36	0.46	0.89	-0.09	0.89	0.92	0.71	0.94	0.8	0.71	0.78	0.98	0.95	-0.61		0.96	0.92	0.95	0.85	0.91	0.95	0.58	0.95	-0.2
Total Liab	0.97	0.99	-0.47	0.5	0.9	-0.08	0.92	0.98	0.59	0.97	0.83	0.59	0.82	0.96	0.98	-0.55	0.96		0.94	0.91	0.87	0.93	0.98	0.65	0.96	-0.17
Property Plant And Equipment Gross	0.91	0.92	-0.3	0.66	0.84	0.03	0.85	0.91	0.55	0.9	0.8	0.55	0.89	0.9	0.92	-0.52	0.92	0.94		0.88	0.87	0.85	0.92	0.65	0.92	-0.08
Total Current Assets	0.85	0.87	-0.18	0.48	0.75	0.0	0.77	0.86	0.75	0.83	0.68	0.75	0.74	0.91	0.88	-0.55	0.95	0.91	0.88		0.79	0.79	0.88	0.48	0.9	-0.08
Intangible Assets	0.82	0.84	-0.52	0.26	0.72	0.23	0.79	0.83	0.54	0.81	0.58	0.54	0.6	0.8	0.92	-0.23	0.85	0.87	0.87	0.79		0.79	0.82	0.34	0.92	0.14
Other Liab	0.97	0.9	-0.49	0.48	0.96	-0.25	0.96	0.89	0.62	0.97	0.89	0.62	0.79	0.91	0.9	-0.66	0.91	0.93	0.85	0.79	0.79		0.93	0.72	0.87	-0.33
Accounts Payable	0.98	0.99	-0.51	0.5	0.93	-0.19	0.92	0.98	0.62	0.98	0.88	0.62	0.85	0.97	0.96	-0.64	0.95	0.98	0.92	0.88	0.82	0.93		0.69	0.91	-0.29
Other Assets	0.74	0.68	-0.28	0.72	0.79	-0.41	0.76	0.69	0.25	0.75	0.86	0.25	0.84	0.67	0.59	-0.75	0.58	0.65	0.65	0.48	0.34	0.72	0.69		0.53	-0.47
Long Term Debt	0.9	0.92	-0.43	0.42	0.8	-0.02	0.87	0.91	0.56	0.89	0.75	0.56	0.73	0.94	0.97	-0.46	0.95	0.96	0.92	0.9	0.92	0.87	0.91	0.53		-0.12
Short Term Investments	-0.26	-0.19	0.11	-0.3	-0.33	0.97	-0.23	-0.19	-0.22	-0.27	-0.61	-0.22	-0.35	-0.33	-0.14	0.67	-0.2	-0.17	-0.08	-0.08	0.14	-0.33	-0.29	-0.47	-0.12

Click cells to compare fundamentals

City Office Account Relationship Matchups

City Office fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.2B	1.6B	1.6B	1.5B	907.7M
Short Long Term Debt Total	607.3M	677.2M	653.6M	890.6M	669.5M	484.7M
Other Current Liab	(6.2M)	531K	(142M)	(200.5M)	29.1M	30.5M
Total Current Liabilities	35.4M	108.2M	38.7M	44.9M	236.7M	248.6M
Total Stockholder Equity	548.0M	416.9M	869.6M	802.8M	772.2M	390.6M
Current Deferred Revenue	6.6M	7.3M	11.6M	9.1M	7.7M	5.4M
Net Debt	537.1M	651.9M	632.3M	862.4M	639.4M	461.7M
Cash	70.1M	25.3M	21.3M	28.2M	30.1M	23.0M
Non Current Assets Total	1.1B	1.0B	1.5B	1.5B	1.4B	835.0M
Non Currrent Assets Other	1.0B	975.4M	1.4B	1.4B	1.4B	1.4B
Cash And Short Term Investments	70.1M	25.3M	21.3M	28.2M	30.1M	23.0M
Net Receivables	32.1M	33.0M	30.4M	44.4M	53.5M	56.1M
Common Stock Shares Outstanding	44.0M	47.2M	44.1M	42.9M	39.9M	29.7M
Liabilities And Stockholders Equity	1.2B	1.2B	1.6B	1.6B	1.5B	907.7M
Non Current Liabilities Total	643.9M	631.2M	692.2M	726.4M	502.0M	464.0M
Other Current Assets	(119.6M)	(78.9M)	(72.7M)	(88.7M)	(96.8M)	(92.0M)
Other Stockholder Equity	577.1M	479.4M	482.1M	436.2M	438.9M	313.1M
Total Liab	679.3M	739.4M	730.9M	771.3M	738.7M	514.7M
Total Current Assets	124.1M	125.0M	72.7M	88.7M	96.8M	72.7M
Intangible Assets	67.5M	44.1M	68.9M	55.4M	42.4M	48.0M
Other Liab	35.1M	26.5M	50.2M	35.1M	40.4M	23.8M
Accounts Payable	28.8M	25.4M	27.1M	35.8M	29.1M	20.1M
Other Assets	35.4M	1.1B	1.5B	1.4B	1.4B	1.5B
Long Term Debt	607.3M	677.2M	653.6M	489.6M	469.5M	465.4M
Net Tangible Assets	368.5M	260.8M	688.7M	635.4M	730.7M	767.2M
Deferred Long Term Liab	6.6M	7.3M	11.6M	9.1M	10.5M	7.0M
Short Term Debt	6.3M	75M	142M	200.5M	200M	101.9M
Common Stock	545K	433K	435K	397K	399K	379.1K
Property Plant Equipment	1.0B	1.0B	1.4B	1.4B	1.6B	851.4M
Noncontrolling Interest In Consolidated Entity	1.1M	949K	979K	343K	308.7K	293.3K
Retained Earnings	(142.4M)	(173.0M)	275.5M	251.5M	221.2M	232.3M
Common Stock Total Equity	545K	433K	435K	397K	456.6K	373.6K
Retained Earnings Total Equity	(142.4M)	(173.0M)	275.5M	251.5M	289.3M	303.7M
Long Term Debt Total	607.3M	677.2M	653.6M	690.1M	793.6M	570.5M

Pair Trading with City Office

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 City Office 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 City Office will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office 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 City Office - 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 City Office to buy it.

The correlation of City Office 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 City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office 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 City Office 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 Correlation Correlation Matching

When determining whether City Office offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Office'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 City Office Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Office Stock:

How To Invest In City

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Is City Stock a good investment?

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What is City Office's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in City Stock, please use our How to Invest in City Office guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for City Stock analysis

When running City Office's price analysis, check to measure City Office'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 City Office is operating at the current time. Most of City Office's value examination focuses on studying past and present price action to predict the probability of City Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City Office's price. Additionally, you may evaluate how the addition of City Office to your portfolios can decrease your overall portfolio volatility.

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Is City Office'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 City Office. If investors know City 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 City Office 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

(0.52)

Dividend Share

0.5

Earnings Share

(0.25)

Revenue Per Share

4.486

Quarterly Revenue Growth

(0.01)

The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office'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 City Office's market value can be influenced by many factors that don't directly affect City Office'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 City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office'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.

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City Net Income vs Depreciation And Amortization Analysis

Net Income vs Depreciation And Amortization

Net Income vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Net Income

Depreciation And Amortization

City Office fundamental ratios Correlations

City Office Account Relationship Matchups

High Positive Relationship

High Negative Relationship

City Office fundamental ratios Accounts

Pair Trading with City Office

Complementary Tools for City Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Short Long Term Debt Total
Total Stockholder Equity	+ 0.98	Total Assets

Other Current Assets	- 0.82	Non Currrent Assets Other
Other Assets	- 0.75	Other Current Assets
Other Current Assets	- 0.74	Net Receivables
Other Current Assets	- 0.68	Total Stockholder Equity
Other Liab	- 0.66	Other Current Assets
Other Current Assets	- 0.66	Cash And Short Term Investments