Citizens Net Invested Capital vs Cash And Short Term Investments 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 Net Invested Capital and its Cash And Short Term Investments 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.
Net Invested Capital vs Cash And Short Term Investments
Net Invested Capital vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Financial Group, Net Invested Capital account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Citizens Financial's Net Invested Capital and Cash And Short Term Investments is -0.75. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash And Short Term Investments 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 Net Invested Capital and Cash And Short Term Investments 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 Invested Capital of Citizens Financial Group, are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Invested Capital i.e., Citizens Financial's Net Invested Capital and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.75 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Citizens Financial Group, balance sheet. This account contains Citizens Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Citizens Financial Group, fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 |
Citizens Financial fundamental ratios Correlations
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Citizens Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
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: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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.