Columbia Intangible Assets vs Other Assets Analysis

COLB Stock  USD 19.01  0.20  1.04%   
Columbia Banking financial indicator trend analysis is way more than just evaluating Columbia Banking System prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Columbia Banking System is a good investment. Please check the relationship between Columbia Banking Intangible Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Banking System. 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 economic analysis.

Intangible Assets vs Other Assets

Intangible Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Columbia Banking System Intangible Assets account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Columbia Banking's Intangible Assets and Other Assets is 0.21. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Columbia Banking System, assuming nothing else is changed. The correlation between historical values of Columbia Banking's Intangible Assets and Other 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 Intangible Assets of Columbia Banking System are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Intangible Assets i.e., Columbia Banking's Intangible Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Assets

Most indicators from Columbia Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Columbia Banking System 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 Columbia Banking System. 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 economic analysis.
At present, Columbia Banking's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.2 M, whereas Tax Provision is forecasted to decline to about 63.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense42.4M78.0M746.2M783.5M
Depreciation And Amortization4.5M4.1M111.3M116.9M

Columbia Banking fundamental ratios Correlations

0.90.960.840.920.56-0.40.730.840.770.930.010.880.480.310.710.750.890.130.260.240.00.920.960.930.93
0.90.90.740.850.82-0.310.520.970.950.72-0.410.650.480.270.540.870.97-0.230.120.110.030.830.90.940.71
0.960.90.690.820.58-0.530.720.90.850.84-0.060.840.330.220.70.740.94-0.040.210.05-0.140.961.00.970.9
0.840.740.690.920.540.110.490.60.520.820.00.720.740.460.470.670.660.380.20.670.380.590.680.730.74
0.920.850.820.920.54-0.20.680.740.670.89-0.040.740.630.370.480.720.80.190.170.430.150.750.820.850.78
0.560.820.580.540.540.09-0.060.810.840.3-0.730.290.540.40.280.860.74-0.410.10.180.250.520.580.680.34
-0.4-0.31-0.530.11-0.20.09-0.68-0.39-0.39-0.4-0.18-0.390.30.21-0.42-0.14-0.430.210.060.650.56-0.59-0.53-0.4-0.42
0.730.520.720.490.68-0.06-0.680.490.40.80.370.70.03-0.130.530.220.580.20.07-0.06-0.320.680.720.630.72
0.840.970.90.60.740.81-0.390.490.990.6-0.490.570.340.140.540.820.98-0.370.05-0.05-0.060.830.90.940.65
0.770.950.850.520.670.84-0.390.40.990.51-0.570.480.340.160.470.840.96-0.450.0-0.1-0.040.790.860.90.57
0.930.720.840.820.890.3-0.40.80.60.510.310.920.410.310.680.550.690.320.390.31-0.090.830.830.770.91
0.01-0.41-0.060.0-0.04-0.73-0.180.37-0.49-0.570.310.39-0.20.00.2-0.47-0.370.730.310.17-0.210.01-0.07-0.220.3
0.880.650.840.720.740.29-0.390.70.570.480.920.390.290.30.790.50.640.350.460.26-0.130.850.840.730.96
0.480.480.330.740.630.540.30.030.340.340.41-0.20.290.790.090.730.390.4-0.120.70.810.280.330.430.35
0.310.270.220.460.370.40.21-0.130.140.160.310.00.30.790.00.650.190.330.180.610.550.30.220.250.29
0.710.540.70.470.480.28-0.420.530.540.470.680.20.790.090.00.390.580.180.45-0.08-0.140.750.690.560.83
0.750.870.740.670.720.86-0.140.220.820.840.55-0.470.50.730.650.390.83-0.150.10.260.330.740.740.80.57
0.890.970.940.660.80.74-0.430.580.980.960.69-0.370.640.390.190.580.83-0.250.080.01-0.040.880.940.970.74
0.13-0.23-0.040.380.19-0.410.210.2-0.37-0.450.320.730.350.40.330.18-0.15-0.250.020.580.49-0.05-0.04-0.090.33
0.260.120.210.20.170.10.060.070.050.00.390.310.46-0.120.180.450.10.080.020.18-0.390.350.180.070.39
0.240.110.050.670.430.180.65-0.06-0.05-0.10.310.170.260.70.61-0.080.260.010.580.180.59-0.010.050.130.22
0.00.03-0.140.380.150.250.56-0.32-0.06-0.04-0.09-0.21-0.130.810.55-0.140.33-0.040.49-0.390.59-0.21-0.13-0.01-0.06
0.920.830.960.590.750.52-0.590.680.830.790.830.010.850.280.30.750.740.88-0.050.35-0.01-0.210.960.890.9
0.960.91.00.680.820.58-0.530.720.90.860.83-0.070.840.330.220.690.740.94-0.040.180.05-0.130.960.970.89
0.930.940.970.730.850.68-0.40.630.940.90.77-0.220.730.430.250.560.80.97-0.090.070.13-0.010.890.970.81
0.930.710.90.740.780.34-0.420.720.650.570.910.30.960.350.290.830.570.740.330.390.22-0.060.90.890.81
Click cells to compare fundamentals

Columbia Banking Account Relationship Matchups

Columbia Banking fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.8B29.2B30.6B31.8B52.2B54.8B
Short Long Term Debt Total1.4B1.2B482.9M1.4B4.8B5.0B
Total Current Liabilities11.6B13.9B18.0B17.7B32.9B34.6B
Total Stockholder Equity4.3B2.7B2.7B2.5B5.0B5.2B
Property Plant And Equipment Net312.2M283.0M253.5M254.6M454.8M477.5M
Net Debt26.6M(1.3B)(2.3B)114.7M2.6B2.7B
Retained Earnings770.4M(932.8M)(697.3M)(543.8M)(467.6M)(444.2M)
Cash1.4B2.6B2.8B1.3B2.2B2.3B
Non Current Assets Total5.1B3.4B4.3B7.6B50.0B52.5B
Non Currrent Assets Other(5.1B)(3.4B)(4.3B)3.8B45.5B47.8B
Other Assets18.1B18.9B18.2B19.3B22.1B23.3B
Cash And Short Term Investments4.2B5.5B6.6B4.9B(498.5M)(473.6M)
Net Receivables1.5B1.5B1.5B1.7B1.7B1.8B
Common Stock Shares Outstanding72.0M70.9M72.9M129.7M195.9M205.7M
Liabilities And Stockholders Equity28.8B29.2B30.6B31.8B52.2B54.8B
Non Current Liabilities Total1.4B1.2B487.2M29.4B14.3B15.0B
Other Stockholder Equity1.6B1.6B1.9B1.9B2.2B2.3B
Total Liab1.4B1.2B487.2M29.4B47.2B49.5B
Property Plant And Equipment Gross165.4M162.1M253.5M254.6M770.1M808.6M
Total Current Assets5.6B7.0B8.1B4.9B2.2B3.2B
Short Term Debt1.0B85.1M100.5M1.1B286.0M170.4M
Other Current Assets295.1M709.2M881.1M356.6M2.2B2.5B
Accounts Payable10.7B13.9B18.0B27.1B31.1B32.7B
Other Current Liab10.6B13.8B17.9B16.6B32.6B34.3B
Short Term Investments2.8B2.9B3.9B3.2B8.8B9.3B
Common Stock Total Equity1.7B1.7B1.9B1.9B2.2B2.3B
Accumulated Other Comprehensive Income29.5M122.7M1.8M(426.9M)(340.1M)(323.1M)
Common Stock3.5B3.5B3.4B3.5B5.8B6.1B
Other Liab99.5M250.9M232.8M313.9M361.0M379.0M
Long Term Debt35.3M35.1M27.7M974.6M4.4B4.6B
Inventory(295.1M)(709.2M)(881.1M)(2.0B)(1.2B)(1.2B)
Property Plant Equipment166.0M162.6M172.1M160.6M184.7M126.9M
Intangible Assets133.4M106.3M132.5M189.8M712.9M748.6M
Net Tangible Assets1.4B1.6B1.7B1.4B1.6B1.2B
Retained Earnings Total Equity519.7M575.2M694.2M850.0M977.5M1.0B
Long Term Investments12.4B14.5B8.1B6.6B8.9B8.3B
Non Current Liabilities Other246.1M324.8M318.8M366.6M421.6M229.0M
Long Term Debt Total35.5M35.3M35.1M20.3M18.3M22.7M

Pair Trading with Columbia Banking

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 Columbia Banking 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 Columbia Banking will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbia Stock

  0.81BY Byline Bancorp Normal TradingPairCorr

Moving against Columbia Stock

  0.49VBFC Village BankPairCorr
  0.44KB KB Financial Group Financial Report 20th of May 2024 PairCorr
  0.41WF Woori Financial Group Financial Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Columbia Banking could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Banking 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 Columbia Banking - 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 Columbia Banking System to buy it.
The correlation of Columbia Banking 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 Columbia Banking moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Banking System 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 Columbia Banking 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 CorrelationCorrelation Matching
When determining whether Columbia Banking System offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbia Banking'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 Columbia Banking System Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbia Banking System Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Banking System. 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 economic analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Columbia Banking's price analysis, check to measure Columbia Banking'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 Columbia Banking is operating at the current time. Most of Columbia Banking's value examination focuses on studying past and present price action to predict the probability of Columbia Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Banking's price. Additionally, you may evaluate how the addition of Columbia Banking to your portfolios can decrease your overall portfolio volatility.
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Is Columbia Banking'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 Columbia Banking. If investors know Columbia 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 Columbia Banking 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
(0.30)
Dividend Share
1.44
Earnings Share
1.78
Revenue Per Share
9.134
Quarterly Revenue Growth
0.51
The market value of Columbia Banking System is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Banking's value that differs from its market value or its book value, called intrinsic value, which is Columbia Banking'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 Columbia Banking's market value can be influenced by many factors that don't directly affect Columbia Banking'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 Columbia Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Banking'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.