Community Net Cash Flow Business Acquisitions and Disposals vs Issuance Repayment of Debt Securities Analysis
CTBI Stock | USD 42.36 2.41 6.03% |
Trend analysis of Community Trust Bancorp balance sheet accounts such as Total Assets of 3.4 B, Short and Long Term Debt Total of 322 M or Total Current Liabilities of 856.2 M provides information on Community Trust's total assets, liabilities, and equity, which is the actual value of Community Trust Bancorp to its prevalent stockholders. By breaking down trends over time using Community Trust balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Community Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Community Trust Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Community Trust Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Community Trust and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Community currently owns. An asset can also be divided into two categories, current and non-current.
Community Trust Balance Sheet Chart
Community Trust Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Community Trust Bancorp uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Community Trust's Retained Earnings are increasing as compared to previous years. The Community Trust's current Cash is estimated to increase to about 285.2 M, while Total Assets are projected to decrease to under 3.4 B. Add Fundamental
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Community Trust 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 Community Trust Bancorp 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.Total Current Liabilities
Total Current Liabilities is an item on Community Trust balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Community Trust Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Community Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Trust Bancorp 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 Trust Bancorp. 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. The current Selling General Administrative is estimated to decrease to about 51.1 M. The current Tax Provision is estimated to decrease to about 17.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 223.5M | 227.0M | 327.3M | 343.7M | Total Revenue | 223.5M | 227.0M | 327.3M | 343.7M |
Community Trust fundamental ratios Correlations
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Community Trust Account Relationship Matchups
High Positive Relationship
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Community Trust fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 17.7M | 17.8M | 17.8M | 17.9M | 17.9M | 18.2M | |
Total Assets | 4.4B | 5.1B | 5.4B | 5.4B | 5.8B | 3.4B | |
Short Long Term Debt Total | 15.2M | 14.0M | 13.0M | 17.6M | 306.7M | 322.0M | |
Total Current Liabilities | 2.8M | 1.2M | 1.0M | 2.2M | 1.5B | 856.2M | |
Total Stockholder Equity | 614.9M | 654.9M | 698.2M | 628.0M | 702.2M | 366.0M | |
Property Plant And Equipment Net | 58.6M | 55.2M | 52.6M | 59.7M | 61.0M | 54.9M | |
Net Debt | (43.5M) | (40.3M) | (33.6M) | (33.7M) | 35.1M | 36.8M | |
Retained Earnings | 296.8M | 326.7M | 386.8M | 438.6M | 484.4M | 508.6M | |
Accounts Payable | 2.8M | 1.2M | 1.0M | 2.2M | 7.4M | 7.0M | |
Cash | 58.7M | 54.3M | 46.6M | 51.3M | 271.6M | 285.2M | |
Non Current Assets Total | 741.8M | 1.1B | 1.6B | 1.4B | 5.7B | 6.0B | |
Non Currrent Assets Other | (19.7M) | (22.4M) | (22.4M) | (43.0M) | 398.7M | 418.6M | |
Cash And Short Term Investments | 658.5M | 1.1B | 1.5B | 1.4B | 58.8M | 55.9M | |
Net Receivables | 14.8M | 15.8M | 15.4M | 19.6M | 23.6M | 24.8M | |
Liabilities And Stockholders Equity | 4.4B | 5.1B | 5.4B | 5.4B | 5.8B | 3.4B | |
Non Current Liabilities Total | 20.3M | 18.7M | 13.6M | 2.2M | 3.6B | 3.8B | |
Other Current Assets | 299.2M | 362.0M | 330.9M | 152.2M | 58.8M | 55.9M | |
Other Stockholder Equity | 224.9M | 225.5M | 227.1M | 229.0M | (381.1M) | (362.0M) | |
Total Liab | 3.8B | 4.5B | 4.7B | 4.8B | 5.1B | 3.0B | |
Property Plant And Equipment Gross | 58.6M | 55.2M | 52.6M | 59.7M | 146.0M | 153.3M | |
Total Current Assets | 673.4M | 1.1B | 1.5B | 1.4B | 58.8M | 55.9M | |
Accumulated Other Comprehensive Income | 4.3M | 13.6M | (4.8M) | (129.2M) | (103.3M) | (98.2M) | |
Short Term Debt | 236.6M | 357.8M | 272.8M | 217.9M | 225.2M | 236.5M | |
Intangible Assets | 3.3M | 4.1M | 6.8M | 8.5M | 65.5M | 68.8M | |
Other Current Liab | (2.8M) | (1.2M) | (1.0M) | (2.2M) | 1.3B | 1.6B | |
Common Stock Total Equity | 88.7M | 89.0M | 89.1M | 89.2M | 102.6M | 84.6M | |
Common Stock | 89.0M | 89.1M | 89.2M | 89.6M | 90.0M | 85.8M | |
Other Liab | 34.4M | 39.6M | 33.0M | 32.1M | 37.0M | 31.1M | |
Other Assets | 3.0B | 2.9B | 2.3B | 2.6B | 3.0B | 3.8B | |
Short Term Investments | 599.8M | 997.3M | 1.5B | 1.3B | 1.2B | 1.2B | |
Inventory | (299.2M) | (362.0M) | (330.9M) | (152.2M) | (82.4M) | (78.3M) | |
Property Plant Equipment | 44.0M | 42.0M | 52.6M | 59.7M | 68.7M | 68.4M | |
Net Tangible Assets | 549.4M | 589.4M | 632.7M | 562.6M | 646.9M | 504.6M | |
Retained Earnings Total Equity | 258.9M | 296.8M | 326.7M | 386.8M | 444.8M | 245.0M | |
Capital Surpluse | 223.2M | 224.9M | 225.5M | 227.1M | 261.1M | 225.7M |
Pair Trading with Community Trust
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 Trust 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 Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with Community Stock
0.81 | MBCN | Middlefield Banc Fiscal Quarter End 31st of March 2024 | PairCorr |
0.78 | MBWM | Mercantile Bank Fiscal Quarter End 31st of March 2024 | PairCorr |
Moving against Community Stock
0.6 | RF-PB | Regions Financial | PairCorr |
0.58 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.58 | VBFC | Village Bank And | PairCorr |
0.48 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
0.47 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Community Trust 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 Trust 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 Trust - 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 Trust Bancorp to buy it.
The correlation of Community Trust 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 Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Trust Bancorp 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 Trust 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 Trust Bancorp. 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 Trust Bancorp information on this page should be used as a complementary analysis to other Community Trust'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Community Trust's price analysis, check to measure Community Trust'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 Trust is operating at the current time. Most of Community Trust's value examination focuses on studying past and present price action to predict the probability of Community Trust'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 Trust's price. Additionally, you may evaluate how the addition of Community Trust to your portfolios can decrease your overall portfolio volatility.
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Is Community Trust'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 Trust. 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 Trust 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 (0.17) | Dividend Share 1.8 | Earnings Share 4.36 | Revenue Per Share 12.373 | Quarterly Revenue Growth (0.04) |
The market value of Community Trust Bancorp 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is Community Trust'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 Trust's market value can be influenced by many factors that don't directly affect Community Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Trust'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.