Community Non Current Liabilities Total vs Other Stockholder Equity Analysis

CTBI Stock

USD 43.46 0.54 1.23%

Community Trust financial indicator trend analysis is way more than just evaluating Community Trust Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Trust Bancorp is a good investment. Please check the relationship between Community Trust Non Current Liabilities Total and its Other Stockholder Equity accounts. 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Trust Bancorp Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Community Trust's Non Current Liabilities Total and Other Stockholder Equity is -0.97. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Community Trust Bancorp, assuming nothing else is changed. The correlation between historical values of Community Trust's Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Community Trust Bancorp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Community Trust's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Non Current Liabilities Total

Other Stockholder Equity

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.

As of now, Community Trust's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Community Trust's current Enterprise Value is estimated to increase to about 557.9 M, while Selling General Administrative is projected to decrease to under 51.1 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

Gross Profit Total Revenue

Community Trust fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Common Stock Total Equity	Common Stock	Other Liab
Common Stock Shares Outstanding		0.76	0.18	0.24	0.76	0.77	0.32	0.53	0.19	0.04	0.31	0.53	0.38	0.07	0.19	-0.01	0.05	0.76	0.33	0.1	0.43	0.1	-0.08	0.85	0.92	0.72
Total Assets	0.76		0.02	0.09	0.97	0.77	-0.02	0.7	-0.25	0.04	0.33	0.42	0.52	0.39	0.16	-0.39	0.02	1.0	0.29	-0.22	0.63	0.14	-0.51	0.89	0.84	0.61
Short Long Term Debt Total	0.18	0.02		0.33	-0.07	0.23	0.64	0.42	-0.11	0.89	0.86	0.86	-0.67	0.4	0.92	-0.19	-0.88	0.03	0.87	-0.37	-0.07	0.88	0.25	0.29	0.13	0.02
Total Current Liabilities	0.24	0.09	0.33		0.15	-0.14	0.17	0.25	0.28	0.32	0.33	0.37	-0.26	-0.01	0.36	0.24	-0.28	0.08	0.3	0.16	0.47	0.33	0.09	0.35	0.32	0.01
Total Stockholder Equity	0.76	0.97	-0.07	0.15		0.69	-0.06	0.65	-0.21	-0.05	0.23	0.34	0.56	0.32	0.07	-0.34	0.12	0.96	0.2	-0.17	0.7	0.04	-0.53	0.9	0.88	0.58
Property Plant And Equipment Net	0.77	0.77	0.23	-0.14	0.69		0.04	0.66	-0.28	0.26	0.48	0.6	0.2	0.44	0.35	-0.45	-0.2	0.78	0.52	-0.38	0.34	0.31	-0.33	0.71	0.67	0.7
Net Debt	0.32	-0.02	0.64	0.17	-0.06	0.04		-0.09	0.5	0.22	0.24	0.38	-0.28	-0.28	0.31	0.42	-0.21	-0.02	0.26	0.34	-0.38	0.22	0.65	0.3	0.27	0.04
Retained Earnings	0.53	0.7	0.42	0.25	0.65	0.66	-0.09		-0.63	0.59	0.79	0.76	0.12	0.85	0.66	-0.75	-0.53	0.71	0.75	-0.68	0.71	0.68	-0.65	0.67	0.61	0.28
Accounts Payable	0.19	-0.25	-0.11	0.28	-0.21	-0.28	0.5	-0.63		-0.43	-0.47	-0.27	0.02	-0.92	-0.39	0.97	0.43	-0.25	-0.44	0.95	-0.44	-0.48	0.84	-0.04	0.04	0.15
Cash	0.04	0.04	0.89	0.32	-0.05	0.26	0.22	0.59	-0.43		0.94	0.86	-0.68	0.67	0.98	-0.49	-0.99	0.05	0.95	-0.66	0.14	0.99	-0.06	0.19	0.0	0.0
Non Current Assets Total	0.31	0.33	0.86	0.33	0.23	0.48	0.24	0.79	-0.47	0.94		0.95	-0.43	0.75	0.98	-0.58	-0.91	0.34	0.99	-0.68	0.34	0.97	-0.22	0.45	0.29	0.15
Non Currrent Assets Other	0.53	0.42	0.86	0.37	0.34	0.6	0.38	0.76	-0.27	0.86	0.95		-0.39	0.6	0.93	-0.42	-0.81	0.43	0.97	-0.51	0.32	0.89	-0.09	0.6	0.47	0.34
Cash And Short Term Investments	0.38	0.52	-0.67	-0.26	0.56	0.2	-0.28	0.12	0.02	-0.68	-0.43	-0.39		-0.11	-0.6	-0.04	0.72	0.51	-0.49	0.26	0.31	-0.59	-0.37	0.29	0.46	0.31
Net Receivables	0.07	0.39	0.4	-0.01	0.32	0.44	-0.28	0.85	-0.92	0.67	0.75	0.6	-0.11		0.67	-0.95	-0.65	0.4	0.72	-0.95	0.54	0.73	-0.75	0.29	0.18	-0.03
Non Current Liabilities Total	0.19	0.16	0.92	0.36	0.07	0.35	0.31	0.66	-0.39	0.98	0.98	0.93	-0.6	0.67		-0.48	-0.97	0.18	0.98	-0.63	0.22	0.99	-0.08	0.34	0.16	0.06
Other Current Assets	-0.01	-0.39	-0.19	0.24	-0.34	-0.45	0.42	-0.75	0.97	-0.49	-0.58	-0.42	-0.04	-0.95	-0.48		0.48	-0.39	-0.55	0.95	-0.49	-0.55	0.83	-0.21	-0.13	-0.02
Other Stockholder Equity	0.05	0.02	-0.88	-0.28	0.12	-0.2	-0.21	-0.53	0.43	-0.99	-0.91	-0.81	0.72	-0.65	-0.97	0.48		0.0	-0.92	0.66	-0.08	-0.98	0.04	-0.12	0.09	0.07
Total Liab	0.76	1.0	0.03	0.08	0.96	0.78	-0.02	0.71	-0.25	0.05	0.34	0.43	0.51	0.4	0.18	-0.39	0.0		0.31	-0.23	0.62	0.15	-0.5	0.88	0.83	0.61
Property Plant And Equipment Gross	0.33	0.29	0.87	0.3	0.2	0.52	0.26	0.75	-0.44	0.95	0.99	0.97	-0.49	0.72	0.98	-0.55	-0.92	0.31		-0.67	0.28	0.97	-0.17	0.43	0.28	0.19
Total Current Assets	0.1	-0.22	-0.37	0.16	-0.17	-0.38	0.34	-0.68	0.95	-0.66	-0.68	-0.51	0.26	-0.95	-0.63	0.95	0.66	-0.23	-0.67		-0.4	-0.69	0.7	-0.12	0.0	0.07
Short Term Debt	0.43	0.63	-0.07	0.47	0.7	0.34	-0.38	0.71	-0.44	0.14	0.34	0.32	0.31	0.54	0.22	-0.49	-0.08	0.62	0.28	-0.4		0.23	-0.77	0.59	0.61	0.24
Intangible Assets	0.1	0.14	0.88	0.33	0.04	0.31	0.22	0.68	-0.48	0.99	0.97	0.89	-0.59	0.73	0.99	-0.55	-0.98	0.15	0.97	-0.69	0.23		-0.15	0.27	0.09	-0.01
Other Current Liab	-0.08	-0.51	0.25	0.09	-0.53	-0.33	0.65	-0.65	0.84	-0.06	-0.22	-0.09	-0.37	-0.75	-0.08	0.83	0.04	-0.5	-0.17	0.7	-0.77	-0.15		-0.28	-0.28	-0.01
Common Stock Total Equity	0.85	0.89	0.29	0.35	0.9	0.71	0.3	0.67	-0.04	0.19	0.45	0.6	0.29	0.29	0.34	-0.21	-0.12	0.88	0.43	-0.12	0.59	0.27	-0.28		0.95	0.58
Common Stock	0.92	0.84	0.13	0.32	0.88	0.67	0.27	0.61	0.04	0.0	0.29	0.47	0.46	0.18	0.16	-0.13	0.09	0.83	0.28	0.0	0.61	0.09	-0.28	0.95		0.58
Other Liab	0.72	0.61	0.02	0.01	0.58	0.7	0.04	0.28	0.15	0.0	0.15	0.34	0.31	-0.03	0.06	-0.02	0.07	0.61	0.19	0.07	0.24	-0.01	-0.01	0.58	0.58

Click cells to compare fundamentals

Community Trust Account Relationship Matchups

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	1.6B
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	1.4B
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

0.74	AX	Axos Financial Fiscal Year End 25th of July 2024	Pair Corr
0.76	BY	Byline Bancorp Financial Report 25th of July 2024	Pair Corr
0.78	DB	Deutsche Bank AG	Pair Corr

Moving against Community Stock

0.74	ECBK	ECB Bancorp	Pair Corr
0.65	VBNK	VersaBank Financial Report 5th of June 2024	Pair Corr
0.52	EGBN	Eagle Bancorp Financial Report 24th of July 2024	Pair Corr

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.

Pair Correlation Correlation Matching

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

How To Invest In Community

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Is Community Stock a good investment?

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What is Community Trust's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Community Stock analysis

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

(0.04)

Dividend Share

1.82

Earnings Share

4.32

Revenue Per Share

12.341

Quarterly Revenue Growth

(0.01)

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.

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Community Non Current Liabilities Total vs Other Stockholder Equity Analysis

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Other Stockholder Equity

Community Trust fundamental ratios Correlations

Community Trust Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Community Trust fundamental ratios Accounts

Pair Trading with Community Trust

Moving together with Community Stock

Moving against Community Stock

Complementary Tools for Community Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Intangible Assets	+ 0.99	Cash
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Intangible Assets	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Cash
Non Current Liabilities Total	+ 0.98	Non Current Assets Total

Other Stockholder Equity	- 0.99	Cash
Intangible Assets	- 0.98	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Non Current Liabilities Total
Total Current Assets	- 0.95	Net Receivables
Other Current Assets	- 0.95	Net Receivables
Property Plant And Equipment Gross	- 0.92	Other Stockholder Equity