Citizens Good Will vs Other Assets Analysis

CFG-PH Stock

27.00 0.08 0.30%

Citizens Financial financial indicator trend analysis is way more than just evaluating Citizens Financial Group, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens Financial Group, is a good investment. Please check the relationship between Citizens Financial Good Will and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Other Assets

Good Will vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Financial Group, Good Will account and Other Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Citizens Financial's Good Will and Other Assets is 0.94. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Assets in the same time period over historical financial statements of Citizens Financial Group,, assuming nothing else is changed. The correlation between historical values of Citizens Financial's Good Will 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 Good Will of Citizens Financial Group, 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 Good Will i.e., Citizens Financial's Good Will and Other Assets go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Assets

Most indicators from Citizens Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens Financial Group, 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 Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of now, Citizens Financial's Tax Provision is increasing as compared to previous years. The Citizens Financial's current Sales General And Administrative To Revenue is estimated to increase to 130.12, while Selling General Administrative is projected to decrease to under 2.7 B.

	2021	2022	2023	2024 (projected)
Net Interest Income	4.5B	6.0B	6.2B	5.9B
Tax Provision	658M	582M	422M	523.3M

Net Interest Income Tax Provision

Citizens Financial fundamental ratios Correlations

	Net Debt	Net Receivables	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross
Net Debt		-0.96	-0.44	-0.26	0.45	-0.08	-0.51	-0.45	-0.57	0.63	0.35	0.25	-0.37	-0.27	0.42	-0.43	-0.41	-0.58	0.1	-0.53	0.14	-0.36	-0.43	-0.36	-0.48	-0.35
Net Receivables	-0.96		0.53	0.39	-0.37	-0.03	0.54	0.48	0.59	-0.67	-0.44	-0.44	0.5	0.4	-0.43	0.51	0.49	0.5	-0.32	0.37	-0.35	0.48	0.53	0.47	0.5	0.44
Total Assets	-0.44	0.53		0.94	-0.75	0.32	0.87	0.96	0.96	-0.69	-0.97	-0.81	0.97	0.94	-0.8	0.99	0.98	0.78	-0.31	-0.02	-0.56	0.99	1.0	0.99	0.95	0.93
Short Long Term Debt Total	-0.26	0.39	0.94		-0.57	0.2	0.67	0.86	0.84	-0.43	-0.98	-0.89	0.98	1.0	-0.61	0.92	0.9	0.58	-0.37	-0.28	-0.69	0.95	0.95	0.98	0.88	0.83
Other Current Liab	0.45	-0.37	-0.75	-0.57		-0.8	-0.89	-0.89	-0.79	0.56	0.69	0.22	-0.58	-0.55	0.93	-0.8	-0.8	-0.95	-0.35	-0.19	-0.12	-0.69	-0.73	-0.7	-0.85	-0.81
Total Current Liabilities	-0.08	-0.03	0.32	0.2	-0.8		0.56	0.54	0.29	-0.07	-0.29	0.24	0.12	0.17	-0.72	0.41	0.45	0.59	0.71	-0.13	0.56	0.31	0.3	0.31	0.45	0.54
Total Stockholder Equity	-0.51	0.54	0.87	0.67	-0.89	0.56		0.93	0.87	-0.82	-0.74	-0.48	0.73	0.67	-0.97	0.91	0.93	0.87	-0.08	0.18	-0.18	0.85	0.86	0.81	0.85	0.94
Property Plant And Equipment Net	-0.45	0.48	0.96	0.86	-0.89	0.54	0.93		0.94	-0.66	-0.92	-0.64	0.88	0.85	-0.9	0.98	0.98	0.88	-0.06	0.02	-0.33	0.94	0.96	0.94	0.97	0.95
Retained Earnings	-0.57	0.59	0.96	0.84	-0.79	0.29	0.87	0.94		-0.77	-0.91	-0.71	0.9	0.84	-0.78	0.94	0.91	0.89	-0.21	0.26	-0.47	0.89	0.95	0.91	0.97	0.83
Cash	0.63	-0.67	-0.69	-0.43	0.56	-0.07	-0.82	-0.66	-0.77		0.5	0.49	-0.59	-0.45	0.69	-0.68	-0.68	-0.7	0.4	-0.55	0.34	-0.63	-0.68	-0.58	-0.62	-0.65
Non Current Assets Total	0.35	-0.44	-0.97	-0.98	0.69	-0.29	-0.74	-0.92	-0.91	0.5		0.83	-0.98	-0.98	0.69	-0.95	-0.92	-0.71	0.25	0.14	0.6	-0.95	-0.97	-0.99	-0.95	-0.85
Non Currrent Assets Other	0.25	-0.44	-0.81	-0.89	0.22	0.24	-0.48	-0.64	-0.71	0.49	0.83		-0.92	-0.91	0.35	-0.76	-0.73	-0.32	0.73	0.2	0.94	-0.84	-0.83	-0.84	-0.67	-0.63
Other Assets	-0.37	0.5	0.97	0.98	-0.58	0.12	0.73	0.88	0.9	-0.59	-0.98	-0.92		0.98	-0.64	0.94	0.91	0.64	-0.45	-0.11	-0.74	0.97	0.97	0.98	0.9	0.83
Long Term Debt	-0.27	0.4	0.94	1.0	-0.55	0.17	0.67	0.85	0.84	-0.45	-0.98	-0.91	0.98		-0.6	0.92	0.89	0.56	-0.41	-0.27	-0.72	0.96	0.95	0.98	0.87	0.83
Cash And Short Term Investments	0.42	-0.43	-0.8	-0.61	0.93	-0.72	-0.97	-0.9	-0.78	0.69	0.69	0.35	-0.64	-0.6		-0.86	-0.89	-0.85	-0.09	-0.07	0.02	-0.79	-0.79	-0.75	-0.8	-0.93
Good Will	-0.43	0.51	0.99	0.92	-0.8	0.41	0.91	0.98	0.94	-0.68	-0.95	-0.76	0.94	0.92	-0.86		0.99	0.8	-0.24	-0.04	-0.49	0.98	0.99	0.98	0.95	0.96
Common Stock Shares Outstanding	-0.41	0.49	0.98	0.9	-0.8	0.45	0.93	0.98	0.91	-0.68	-0.92	-0.73	0.91	0.89	-0.89	0.99		0.78	-0.23	-0.08	-0.45	0.98	0.98	0.97	0.92	0.98
Short Term Investments	-0.58	0.5	0.78	0.58	-0.95	0.59	0.87	0.88	0.89	-0.7	-0.71	-0.32	0.64	0.56	-0.85	0.8	0.78		0.22	0.43	-0.02	0.68	0.77	0.71	0.9	0.74
Non Current Liabilities Total	0.1	-0.32	-0.31	-0.37	-0.35	0.71	-0.08	-0.06	-0.21	0.4	0.25	0.73	-0.45	-0.41	-0.09	-0.24	-0.23	0.22		0.1	0.88	-0.37	-0.32	-0.31	-0.06	-0.17
Inventory	-0.53	0.37	-0.02	-0.28	-0.19	-0.13	0.18	0.02	0.26	-0.55	0.14	0.2	-0.11	-0.27	-0.07	-0.04	-0.08	0.43	0.1		0.18	-0.17	-0.03	-0.15	0.11	-0.15
Other Current Assets	0.14	-0.35	-0.56	-0.69	-0.12	0.56	-0.18	-0.33	-0.47	0.34	0.6	0.94	-0.74	-0.72	0.02	-0.49	-0.45	-0.02	0.88	0.18		-0.6	-0.58	-0.6	-0.39	-0.34
Other Stockholder Equity	-0.36	0.48	0.99	0.95	-0.69	0.31	0.85	0.94	0.89	-0.63	-0.95	-0.84	0.97	0.96	-0.79	0.98	0.98	0.68	-0.37	-0.17	-0.6		0.99	0.99	0.9	0.95
Total Liab	-0.43	0.53	1.0	0.95	-0.73	0.3	0.86	0.96	0.95	-0.68	-0.97	-0.83	0.97	0.95	-0.79	0.99	0.98	0.77	-0.32	-0.03	-0.58	0.99		0.99	0.95	0.92
Net Invested Capital	-0.36	0.47	0.99	0.98	-0.7	0.31	0.81	0.94	0.91	-0.58	-0.99	-0.84	0.98	0.98	-0.75	0.98	0.97	0.71	-0.31	-0.15	-0.6	0.99	0.99		0.94	0.91
Long Term Investments	-0.48	0.5	0.95	0.88	-0.85	0.45	0.85	0.97	0.97	-0.62	-0.95	-0.67	0.9	0.87	-0.8	0.95	0.92	0.9	-0.06	0.11	-0.39	0.9	0.95	0.94		0.86
Property Plant And Equipment Gross	-0.35	0.44	0.93	0.83	-0.81	0.54	0.94	0.95	0.83	-0.65	-0.85	-0.63	0.83	0.83	-0.93	0.96	0.98	0.74	-0.17	-0.15	-0.34	0.95	0.92	0.91	0.86

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When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:

How To Invest In Citizens

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Is Citizens Stock a good investment?

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What is Citizens Financial's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Please note, there is a significant difference between Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens 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.

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Citizens Good Will vs Other Assets Analysis

Good Will vs Other Assets

Good Will vs Other Assets Correlation Analysis

Correlation Coefficient

Good Will

Other Assets

Citizens Financial fundamental ratios Correlations

Citizens Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

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COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Good Will	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Good Will

Net Invested Capital	- 0.99	Non Current Assets Total
Long Term Debt	- 0.98	Non Current Assets Total
Other Assets	- 0.98	Non Current Assets Total
Non Current Assets Total	- 0.98	Short Long Term Debt Total
Total Liab	- 0.97	Non Current Assets Total
Cash And Short Term Investments	- 0.97	Total Stockholder Equity