CBIZ Non Current Assets Total vs Intangible Assets 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 Non Current Assets Total and its Intangible Assets 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.

Non Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBIZ Inc Non Current Assets Total account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between CBIZ's Non Current Assets Total and Intangible Assets is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible Assets 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 Non Current Assets Total and Intangible 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 Non Current Assets Total of CBIZ Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., CBIZ's Non Current Assets Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Profit159.3M223.4M225.1M236.4M
Total Revenue1.1B1.4B1.6B1.7B

CBIZ fundamental ratios Correlations

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0.970.760.980.850.80.810.820.670.960.760.670.940.970.620.850.6-0.560.950.810.950.310.80.930.810.84
0.810.580.850.850.640.590.950.430.810.640.430.740.840.710.660.51-0.330.760.630.790.310.720.760.630.95
0.880.740.730.80.640.820.70.80.910.920.80.870.850.20.840.82-0.820.860.980.710.320.520.930.920.64
0.890.940.770.810.590.820.610.790.880.760.790.910.860.370.990.78-0.620.950.860.830.360.840.810.890.59
0.810.540.790.820.950.70.610.440.810.670.440.760.830.670.680.55-0.420.760.670.790.160.650.770.60.92
0.740.730.660.670.430.80.790.440.750.671.00.790.70.040.80.78-0.720.770.820.640.260.580.790.840.5
0.990.820.940.960.810.910.880.810.750.870.750.970.990.530.920.77-0.650.980.910.920.350.750.970.890.81
0.830.650.70.760.640.920.760.670.670.870.670.790.820.290.780.74-0.660.80.890.660.20.480.860.810.61
0.740.730.660.670.430.80.790.441.00.750.670.790.70.040.80.78-0.720.770.820.640.260.580.790.840.5
0.980.850.920.940.740.870.910.760.790.970.790.790.970.490.940.73-0.70.980.890.940.340.790.950.880.78
0.990.810.960.970.840.850.860.830.70.990.820.70.970.630.910.74-0.560.970.850.960.330.790.950.840.84
0.590.390.660.620.710.20.370.670.040.530.290.040.490.630.450.20.210.540.170.730.140.610.390.180.71
0.930.930.830.850.660.840.990.680.80.920.780.80.940.910.450.83-0.610.970.870.880.350.840.860.90.66
0.740.70.610.60.510.820.780.550.780.770.740.780.730.740.20.83-0.580.770.840.60.270.530.750.850.49
-0.6-0.54-0.48-0.56-0.33-0.82-0.62-0.42-0.72-0.65-0.66-0.72-0.7-0.560.21-0.61-0.58-0.61-0.85-0.44-0.25-0.29-0.77-0.76-0.38
0.980.890.920.950.760.860.950.760.770.980.80.770.980.970.540.970.77-0.610.880.940.340.860.920.90.76
0.880.780.750.810.630.980.860.670.820.910.890.820.890.850.170.870.84-0.850.880.720.350.580.940.960.62
0.960.790.950.950.790.710.830.790.640.920.660.640.940.960.730.880.6-0.440.940.720.290.840.860.730.83
0.340.630.380.310.310.320.360.160.260.350.20.260.340.330.140.350.27-0.250.340.350.290.310.350.390.32
0.790.820.810.80.720.520.840.650.580.750.480.580.790.790.610.840.53-0.290.860.580.840.310.640.690.69
0.950.750.90.930.760.930.810.770.790.970.860.790.950.950.390.860.75-0.770.920.940.860.350.640.90.79
0.880.830.770.810.630.920.890.60.840.890.810.840.880.840.180.90.85-0.760.90.960.730.390.690.90.6
0.820.590.840.840.950.640.590.920.50.810.610.50.780.840.710.660.49-0.380.760.620.830.320.690.790.6
Click cells to compare fundamentals

CBIZ Account Relationship Matchups

CBIZ fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.6B1.9B2.0B2.1B
Short Long Term Debt Total265.4M279.7M331.2M474.5M551.0M578.6M
Other Current Liab208.4M280.9M294.7M357.4M354.4M372.1M
Total Current Liabilities365.9M378.3M423.3M512.4M511.9M537.5M
Total Stockholder Equity535.7M595.3M704.5M713.5M791.6M400.9M
Property Plant And Equipment Net180.2M189.2M194.6M229.2M268.0M281.4M
Net Debt264.8M275.0M329.2M469.8M542.9M570.1M
Accounts Payable68.5M64.1M65.8M80.7M82.8M42.8M
Cash567K4.7M2.0M4.7M8.1M7.6M
Non Current Assets Total944.8M1.1B1.2B1.3B1.4B1.5B
Non Currrent Assets Other109.8M131.4M140.9M97.3M149.1M156.5M
Cash And Short Term Investments567K4.7M2.0M4.7M8.1M7.6M
Net Receivables222.0M216.2M242.2M334.5M380.2M399.2M
Good Will588.2M683.1M740.7M819.9M865.2M908.4M
Common Stock Shares Outstanding55.9M55.4M53.7M52.4M50.6M48.1M
Liabilities And Stockholders Equity1.3B1.4B1.6B1.9B2.0B2.1B
Non Current Liabilities Total375.6M432.9M500.1M653.3M740.1M777.1M
Other Current Assets24.3M215.6M207.5M229.2M224.4M235.7M
Other Stockholder Equity55.5M145.7M75.4M(25.6M)(66.6M)(63.3M)
Total Liab741.5M811.1M923.4M1.2B1.3B1.3B
Property Plant And Equipment Gross180.2M189.2M284.3M329.4M379.6M398.6M
Total Current Assets456.0M436.4M451.7M568.4M612.7M643.3M
Accumulated Other Comprehensive Income(680K)(2.3M)(967K)3.6M1.8M1.9M
Short Term Debt29.0M30.5M61.2M72.7M72.6M76.2M
Intangible Assets66.5M73.7M100.0M131.8M143.4M115.0M
Retained Earnings479.6M557.9M628.8M734.1M855.1M897.8M
Other Assets109.8M279.2M543.0M588.2M676.5M710.3M
Common Stock Total Equity1.3M1.3M1.4M1.4M1.6M1.2M
Common Stock1.3M1.3M1.4M1.4M1.4M1.3M
Other Liab138.7M325.7M345.2M215.2M247.4M259.8M
Long Term Debt104.3M107.2M154.9M263.7M310.8M174.8M
Treasury Stock(508.5M)(535.7M)(595.3M)(694.7M)(625.2M)(594.0M)
Property Plant Equipment39.4M41.3M43.4M45.2M40.7M26.3M
Inventory209.1M191.4M188.3M199.8M1.00.95
Net Tangible Assets4.6M(54.1M)(136.2M)(238.3M)(274.0M)(260.3M)
Retained Earnings Total Equity479.6M557.9M628.8M734.1M844.2M886.4M
Long Term Debt Total104.3M107.2M154.9M263.7M237.3M153.6M
Capital Surpluse714.7M741.0M770.1M799.1M919.0M737.6M

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