Coastal Enterprise Value vs Market Capitalization Analysis
CCB Stock | USD 40.89 1.49 3.78% |
Coastal Financial financial indicator trend analysis is way more than just evaluating Coastal Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coastal Financial Corp is a good investment. Please check the relationship between Coastal Financial Enterprise Value and its Market Cap accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Enterprise Value vs Market Cap
Enterprise Value vs Market Capitalization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coastal Financial Corp Enterprise Value account and Market Capitalization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Coastal Financial's Enterprise Value and Market Capitalization is -0.26. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Market Capitalization in the same time period over historical financial statements of Coastal Financial Corp, assuming nothing else is changed. The correlation between historical values of Coastal Financial's Enterprise Value and Market Capitalization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Coastal Financial Corp are associated (or correlated) with its Market Capitalization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Market Capitalization has no effect on the direction of Enterprise Value i.e., Coastal Financial's Enterprise Value and Market Capitalization go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Coastal Financial theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Coastal Financial Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Coastal Financial value than its market capitalization because it takes into account all of Coastal Financial Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Market Cap
Most indicators from Coastal Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coastal Financial Corp 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 Coastal Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At present, Coastal Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 12.7 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 101.8M | 213.6M | 330.4M | 346.9M | Total Revenue | 101.8M | 213.6M | 330.4M | 346.9M |
Coastal Financial fundamental ratios Correlations
Click cells to compare fundamentals
Coastal Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coastal Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.8B | 2.6B | 3.1B | 3.8B | 4.0B | |
Total Current Liabilities | 308K | 154.2M | 357K | 21.1M | 3.3B | 3.4B | |
Total Stockholder Equity | 124.2M | 140.2M | 201.2M | 243.5M | 295.0M | 309.7M | |
Other Liab | 3.8M | 4.5M | 11.0M | 29.9M | 34.4M | 36.2M | |
Net Tangible Assets | 124.2M | 140.2M | 201.2M | 243.5M | 280.0M | 294.0M | |
Property Plant And Equipment Net | 21.6M | 24.2M | 23.3M | 23.2M | 28.0M | 19.3M | |
Net Debt | (95.6M) | (117.2M) | (754.0M) | (289.3M) | (429.3M) | (407.8M) | |
Retained Earnings | 37.2M | 52.4M | 79.4M | 120.0M | 165.3M | 173.6M | |
Accounts Payable | 308K | 531K | 357K | 684K | 34.5M | 32.8M | |
Cash | 127.8M | 163.1M | 813.2M | 342.1M | 483.1M | 247.4M | |
Non Current Assets Total | 58.8M | 53.5M | 68.4M | 132.1M | 3.2B | 3.3B | |
Non Currrent Assets Other | (58.8M) | (53.5M) | (68.4M) | (18.6M) | 24.9M | 26.1M | |
Other Assets | 910.6M | 1.5B | 1.7B | 2.5B | 1.0 | 0.95 | |
Long Term Debt | 23.6M | 13.6M | 52.9M | 47.6M | 47.7M | 34.1M | |
Cash And Short Term Investments | 156.2M | 183.5M | 848.5M | 439.5M | (31.3M) | (29.8M) | |
Common Stock Shares Outstanding | 12.2M | 12.2M | 12.5M | 13.5M | 13.6M | 11.5M | |
Short Term Investments | 28.4M | 20.4M | 35.3M | 97.3M | 99.5M | 53.8M | |
Non Current Liabilities Total | 32.2M | 45.9M | 59.2M | 21.1M | 204.4M | 214.6M | |
Other Current Assets | 130.8M | 171.7M | 821.3M | 423.7M | 627.0M | 658.3M | |
Other Stockholder Equity | 87.0M | 87.8M | 121.8M | 125.8M | 144.7M | 151.9M | |
Total Liab | 1.0B | 1.6B | 2.4B | 2.9B | 3.5B | 3.7B | |
Long Term Investments | 37.2M | 1.6B | 45.1M | 108.9M | 160.6M | 227.7M | |
Total Current Assets | 159.2M | 192.1M | 856.6M | 467.7M | 627.0M | 658.3M | |
Common Stock | 87.0M | 87.8M | 121.8M | 125.8M | 130.1M | 91.9M | |
Property Plant Equipment | 21.6M | 17.1M | 23.3M | 18.2M | 20.9M | 16.6M | |
Short Long Term Debt Total | 32.2M | 45.9M | 59.2M | 52.8M | 53.9M | 46.7M | |
Other Current Liab | (308K) | (154.2M) | (357K) | 15.2M | 3.3B | 3.4B | |
Net Receivables | 3.0M | 8.6M | 8.1M | 28.2M | 35.9M | 37.7M | |
Common Stock Total Equity | 87.0M | 87.8M | 121.8M | 125.8M | 144.7M | 96.4M | |
Long Term Debt Total | 13.6M | 13.6M | 27.9M | 47.6M | 54.7M | 57.5M | |
Liabilities And Stockholders Equity | 1.1B | 1.8B | 2.6B | 3.1B | 3.8B | 2.1B | |
Property Plant And Equipment Gross | 21.6M | 24.2M | 23.3M | 23.2M | 40.2M | 23.6M | |
Accumulated Other Comprehensive Income | (32K) | 34K | 4K | (2.3M) | (469K) | (492.5K) | |
Intangible Assets | 350K | 298K | 269K | 183K | 164.7K | 285.0K | |
Net Invested Capital | 147.7M | 178.8M | 254.1M | 291.1M | 342.7M | 228.9M | |
Retained Earnings Total Equity | 37.2M | 52.4M | 79.4M | 120.0M | 138.0M | 144.9M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coastal Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coastal Financial's short interest history, or implied volatility extrapolated from Coastal Financial options trading.
Pair Trading with Coastal 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 Coastal 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 Coastal Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Coastal Stock
0.8 | AX | Axos Financial Earnings Call This Week | PairCorr |
0.87 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Coastal Stock
0.79 | KB | KB Financial Group Earnings Call This Week | PairCorr |
0.77 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
0.69 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.49 | CFG-PD | Citizens Financial | PairCorr |
0.46 | TFC-PI | Truist Financial | PairCorr |
The ability to find closely correlated positions to Coastal 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 Coastal 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 Coastal 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 Coastal Financial Corp to buy it.
The correlation of Coastal 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 Coastal Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coastal Financial Corp 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 Coastal 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 Coastal Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Coastal Financial Corp information on this page should be used as a complementary analysis to other Coastal 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Coastal Stock analysis
When running Coastal Financial's price analysis, check to measure Coastal 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 Coastal Financial is operating at the current time. Most of Coastal Financial's value examination focuses on studying past and present price action to predict the probability of Coastal 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 Coastal Financial's price. Additionally, you may evaluate how the addition of Coastal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Coastal 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 Coastal Financial. If investors know Coastal 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 Coastal 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 (0.32) | Earnings Share 3.27 | Revenue Per Share 19.749 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0129 |
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal 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 Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal 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 Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal 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.