CBIZ Net Debt vs Accounts Payable Analysis

CBZ Stock

USD 83.00 0.99 1.21%

CBIZ financial indicator trend analysis is way more than just evaluating CBIZ Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBIZ Inc is a good investment. Please check the relationship between CBIZ Net Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CBIZ Inc. 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.

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBIZ Inc Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between CBIZ's Net Debt and Accounts Payable is 0.61. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CBIZ Inc, assuming nothing else is changed. The correlation between historical values of CBIZ's Net Debt 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 Net Debt of CBIZ Inc 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 Net Debt i.e., CBIZ's Net Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents CBIZ 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 CBIZ Inc 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 CBIZ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBIZ Inc 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 CBIZ Inc. 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.

Sales General And Administrative To Revenue is likely to rise to 0.05 in 2024, whereas Selling General Administrative is likely to drop slightly above 35.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	159.3M	223.4M	225.1M	236.4M
Total Revenue	1.1B	1.4B	1.6B	1.7B

Gross Profit Total Revenue

CBIZ fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	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	Retained Earnings	Other Assets	Common Stock Total Equity
Total Assets		0.84	0.95	0.97	0.81	0.88	0.89	0.81	0.74	0.99	0.83	0.74	0.98	0.99	0.59	0.93	0.74	-0.6	0.98	0.88	0.96	0.34	0.79	0.95	0.88	0.82
Short Long Term Debt Total	0.84		0.76	0.76	0.58	0.74	0.94	0.54	0.73	0.82	0.65	0.73	0.85	0.81	0.39	0.93	0.7	-0.54	0.89	0.78	0.79	0.63	0.82	0.75	0.83	0.59
Other Current Liab	0.95	0.76		0.98	0.85	0.73	0.77	0.79	0.66	0.94	0.7	0.66	0.92	0.96	0.66	0.83	0.61	-0.48	0.92	0.75	0.95	0.38	0.81	0.9	0.77	0.84
Total Current Liabilities	0.97	0.76	0.98		0.85	0.8	0.81	0.82	0.67	0.96	0.76	0.67	0.94	0.97	0.62	0.85	0.6	-0.56	0.95	0.81	0.95	0.31	0.8	0.93	0.81	0.84
Total Stockholder Equity	0.81	0.58	0.85	0.85		0.64	0.59	0.95	0.43	0.81	0.64	0.43	0.74	0.84	0.71	0.66	0.51	-0.33	0.76	0.63	0.79	0.31	0.72	0.76	0.63	0.95
Property Plant And Equipment Net	0.88	0.74	0.73	0.8	0.64		0.82	0.7	0.8	0.91	0.92	0.8	0.87	0.85	0.2	0.84	0.82	-0.82	0.86	0.98	0.71	0.32	0.52	0.93	0.92	0.64
Net Debt	0.89	0.94	0.77	0.81	0.59	0.82		0.61	0.79	0.88	0.76	0.79	0.91	0.86	0.37	0.99	0.78	-0.62	0.95	0.86	0.83	0.36	0.84	0.81	0.89	0.59
Accounts Payable	0.81	0.54	0.79	0.82	0.95	0.7	0.61		0.44	0.81	0.67	0.44	0.76	0.83	0.67	0.68	0.55	-0.42	0.76	0.67	0.79	0.16	0.65	0.77	0.6	0.92
Cash	0.74	0.73	0.66	0.67	0.43	0.8	0.79	0.44		0.75	0.67	1.0	0.79	0.7	0.04	0.8	0.78	-0.72	0.77	0.82	0.64	0.26	0.58	0.79	0.84	0.5
Non Current Assets Total	0.99	0.82	0.94	0.96	0.81	0.91	0.88	0.81	0.75		0.87	0.75	0.97	0.99	0.53	0.92	0.77	-0.65	0.98	0.91	0.92	0.35	0.75	0.97	0.89	0.81
Non Currrent Assets Other	0.83	0.65	0.7	0.76	0.64	0.92	0.76	0.67	0.67	0.87		0.67	0.79	0.82	0.29	0.78	0.74	-0.66	0.8	0.89	0.66	0.2	0.48	0.86	0.81	0.61
Cash And Short Term Investments	0.74	0.73	0.66	0.67	0.43	0.8	0.79	0.44	1.0	0.75	0.67		0.79	0.7	0.04	0.8	0.78	-0.72	0.77	0.82	0.64	0.26	0.58	0.79	0.84	0.5
Net Receivables	0.98	0.85	0.92	0.94	0.74	0.87	0.91	0.76	0.79	0.97	0.79	0.79		0.97	0.49	0.94	0.73	-0.7	0.98	0.89	0.94	0.34	0.79	0.95	0.88	0.78
Good Will	0.99	0.81	0.96	0.97	0.84	0.85	0.86	0.83	0.7	0.99	0.82	0.7	0.97		0.63	0.91	0.74	-0.56	0.97	0.85	0.96	0.33	0.79	0.95	0.84	0.84
Common Stock Shares Outstanding	0.59	0.39	0.66	0.62	0.71	0.2	0.37	0.67	0.04	0.53	0.29	0.04	0.49	0.63		0.45	0.2	0.21	0.54	0.17	0.73	0.14	0.61	0.39	0.18	0.71
Non Current Liabilities Total	0.93	0.93	0.83	0.85	0.66	0.84	0.99	0.68	0.8	0.92	0.78	0.8	0.94	0.91	0.45		0.83	-0.61	0.97	0.87	0.88	0.35	0.84	0.86	0.9	0.66
Other Current Assets	0.74	0.7	0.61	0.6	0.51	0.82	0.78	0.55	0.78	0.77	0.74	0.78	0.73	0.74	0.2	0.83		-0.58	0.77	0.84	0.6	0.27	0.53	0.75	0.85	0.49
Other Stockholder Equity	-0.6	-0.54	-0.48	-0.56	-0.33	-0.82	-0.62	-0.42	-0.72	-0.65	-0.66	-0.72	-0.7	-0.56	0.21	-0.61	-0.58		-0.61	-0.85	-0.44	-0.25	-0.29	-0.77	-0.76	-0.38
Total Liab	0.98	0.89	0.92	0.95	0.76	0.86	0.95	0.76	0.77	0.98	0.8	0.77	0.98	0.97	0.54	0.97	0.77	-0.61		0.88	0.94	0.34	0.86	0.92	0.9	0.76
Property Plant And Equipment Gross	0.88	0.78	0.75	0.81	0.63	0.98	0.86	0.67	0.82	0.91	0.89	0.82	0.89	0.85	0.17	0.87	0.84	-0.85	0.88		0.72	0.35	0.58	0.94	0.96	0.62
Total Current Assets	0.96	0.79	0.95	0.95	0.79	0.71	0.83	0.79	0.64	0.92	0.66	0.64	0.94	0.96	0.73	0.88	0.6	-0.44	0.94	0.72		0.29	0.84	0.86	0.73	0.83
Short Term Debt	0.34	0.63	0.38	0.31	0.31	0.32	0.36	0.16	0.26	0.35	0.2	0.26	0.34	0.33	0.14	0.35	0.27	-0.25	0.34	0.35	0.29		0.31	0.35	0.39	0.32
Intangible Assets	0.79	0.82	0.81	0.8	0.72	0.52	0.84	0.65	0.58	0.75	0.48	0.58	0.79	0.79	0.61	0.84	0.53	-0.29	0.86	0.58	0.84	0.31		0.64	0.69	0.69
Retained Earnings	0.95	0.75	0.9	0.93	0.76	0.93	0.81	0.77	0.79	0.97	0.86	0.79	0.95	0.95	0.39	0.86	0.75	-0.77	0.92	0.94	0.86	0.35	0.64		0.9	0.79
Other Assets	0.88	0.83	0.77	0.81	0.63	0.92	0.89	0.6	0.84	0.89	0.81	0.84	0.88	0.84	0.18	0.9	0.85	-0.76	0.9	0.96	0.73	0.39	0.69	0.9		0.6
Common Stock Total Equity	0.82	0.59	0.84	0.84	0.95	0.64	0.59	0.92	0.5	0.81	0.61	0.5	0.78	0.84	0.71	0.66	0.49	-0.38	0.76	0.62	0.83	0.32	0.69	0.79	0.6

Click cells to compare fundamentals

CBIZ Account Relationship Matchups

CBIZ fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.5B	1.6B	1.9B	2.0B	2.1B
Short Long Term Debt Total	265.4M	279.7M	331.2M	474.5M	551.0M	578.6M
Other Current Liab	208.4M	280.9M	294.7M	357.4M	354.4M	372.1M
Total Current Liabilities	365.9M	378.3M	423.3M	512.4M	511.9M	537.5M
Total Stockholder Equity	535.7M	595.3M	704.5M	713.5M	791.6M	400.9M
Property Plant And Equipment Net	180.2M	189.2M	194.6M	229.2M	268.0M	281.4M
Net Debt	264.8M	275.0M	329.2M	469.8M	542.9M	570.1M
Accounts Payable	68.5M	64.1M	65.8M	80.7M	82.8M	42.8M
Cash	567K	4.7M	2.0M	4.7M	8.1M	7.6M
Non Current Assets Total	944.8M	1.1B	1.2B	1.3B	1.4B	1.5B
Non Currrent Assets Other	109.8M	131.4M	140.9M	97.3M	149.1M	156.5M
Cash And Short Term Investments	567K	4.7M	2.0M	4.7M	8.1M	7.6M
Net Receivables	222.0M	216.2M	242.2M	334.5M	380.2M	399.2M
Good Will	588.2M	683.1M	740.7M	819.9M	865.2M	908.4M
Common Stock Shares Outstanding	55.9M	55.4M	53.7M	52.4M	50.6M	48.1M
Liabilities And Stockholders Equity	1.3B	1.4B	1.6B	1.9B	2.0B	2.1B
Non Current Liabilities Total	375.6M	432.9M	500.1M	653.3M	740.1M	777.1M
Other Current Assets	24.3M	215.6M	207.5M	229.2M	224.4M	235.7M
Other Stockholder Equity	55.5M	145.7M	75.4M	(25.6M)	(66.6M)	(63.3M)
Total Liab	741.5M	811.1M	923.4M	1.2B	1.3B	1.3B
Property Plant And Equipment Gross	180.2M	189.2M	284.3M	329.4M	379.6M	398.6M
Total Current Assets	456.0M	436.4M	451.7M	568.4M	612.7M	643.3M
Accumulated Other Comprehensive Income	(680K)	(2.3M)	(967K)	3.6M	1.8M	1.9M
Short Term Debt	29.0M	30.5M	61.2M	72.7M	72.6M	76.2M
Intangible Assets	66.5M	73.7M	100.0M	131.8M	143.4M	115.0M
Retained Earnings	479.6M	557.9M	628.8M	734.1M	855.1M	897.8M
Other Assets	109.8M	279.2M	543.0M	588.2M	676.5M	710.3M
Common Stock Total Equity	1.3M	1.3M	1.4M	1.4M	1.6M	1.2M
Common Stock	1.3M	1.3M	1.4M	1.4M	1.4M	1.3M
Other Liab	138.7M	325.7M	345.2M	215.2M	247.4M	259.8M
Long Term Debt	104.3M	107.2M	154.9M	263.7M	310.8M	174.8M
Treasury Stock	(508.5M)	(535.7M)	(595.3M)	(694.7M)	(625.2M)	(594.0M)
Property Plant Equipment	39.4M	41.3M	43.4M	45.2M	40.7M	26.3M
Inventory	209.1M	191.4M	188.3M	199.8M	1.0	0.95
Net Tangible Assets	4.6M	(54.1M)	(136.2M)	(238.3M)	(274.0M)	(260.3M)
Retained Earnings Total Equity	479.6M	557.9M	628.8M	734.1M	844.2M	886.4M
Long Term Debt Total	104.3M	107.2M	154.9M	263.7M	237.3M	153.6M
Capital Surpluse	714.7M	741.0M	770.1M	799.1M	919.0M	737.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for CBIZ Stock Analysis

When running CBIZ's price analysis, check to measure CBIZ'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 CBIZ is operating at the current time. Most of CBIZ's value examination focuses on studying past and present price action to predict the probability of CBIZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBIZ's price. Additionally, you may evaluate how the addition of CBIZ to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CBIZ Net Debt vs Accounts Payable Analysis

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Debt

Accounts Payable

CBIZ fundamental ratios Correlations

CBIZ Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CBIZ fundamental ratios Accounts

Also Currently Popular

Additional Tools for CBIZ Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Net Debt
Good Will	+ 0.99	Non Current Assets Total
Net Receivables	+ 0.98	Total Assets

Property Plant And Equipment Gross	- 0.85	Other Stockholder Equity
Other Stockholder Equity	- 0.82	Property Plant And Equipment Net
Retained Earnings	- 0.77	Other Stockholder Equity
Other Assets	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Cash And Short Term Investments
Other Stockholder Equity	- 0.72	Cash