CBU Stock | | | USD 62.64 1.52 2.49% |
Community Bank financial indicator trend analysis is way more than just evaluating Community Bank System prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Bank System is a good investment. Please check the relationship between Community Bank Property Plant And Equipment Gross and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Bank System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Property Plant And Equipment Gross vs Accounts Payable
Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Community Bank System Property Plant And Equipment Gross account and
Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Community Bank's Property Plant And Equipment Gross and Accounts Payable is -0.19. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Community Bank System, assuming nothing else is changed. The correlation between historical values of Community Bank's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Community Bank System are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Community Bank's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Gross
Accounts Payable
An accounting item on the balance sheet that represents Community Bank obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Community Bank System are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Community Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Bank 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 Community Bank System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, Community Bank's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 45.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 768.5
K in 2024.
Community Bank fundamental ratios Correlations
Click cells to compare fundamentals
Community Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community Bank fundamental ratios Accounts
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Additional Tools for Community Stock Analysis
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