Chemung Short Long Term Debt vs Total Stockholder Equity Analysis
CHMG Stock | USD 51.86 1.16 2.29% |
Chemung Financial financial indicator trend analysis is way more than just evaluating Chemung Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemung Financial Corp is a good investment. Please check the relationship between Chemung Financial Short Long Term Debt and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Short Long Term Debt vs Total Stockholder Equity
Short Long Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemung Financial Corp Short Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chemung Financial's Short Long Term Debt and Total Stockholder Equity is -0.53. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Chemung Financial Corp, assuming nothing else is changed. The correlation between historical values of Chemung Financial's Short Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Chemung Financial Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt i.e., Chemung Financial's Short Long Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Chemung Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemung Financial Corp 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 Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Chemung Financial's Enterprise Value Over EBITDA is most likely to increase slightly in the upcoming years. The Chemung Financial's current Enterprise Value Multiple is estimated to increase to 7.99, while Selling General Administrative is projected to decrease to roughly 21.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.4M | 7.3M | 38.6M | 40.5M | Depreciation And Amortization | 3.5M | 3.0M | 2.8M | 2.5M |
Chemung Financial fundamental ratios Correlations
Click cells to compare fundamentals
Chemung Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chemung Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 2.3B | 2.4B | 2.6B | 2.7B | 2.8B | |
Total Stockholder Equity | 182.6M | 199.7M | 211.5M | 166.4M | 195.2M | 120.1M | |
Property Plant And Equipment Net | 30.4M | 27.3M | 25.5M | 22.6M | 20.2M | 22.5M | |
Net Debt | (109.7M) | (97.4M) | (1.1M) | 145.7M | 4.0M | 4.1M | |
Retained Earnings | 153.7M | 168.0M | 188.9M | 211.9M | 229.9M | 241.4M | |
Cash | 121.9M | 108.5M | 27.0M | 55.9M | 36.8M | 49.5M | |
Non Current Assets Total | 342.4M | 609.0M | 846.1M | 682.2M | 2.7B | 2.8B | |
Non Currrent Assets Other | (342.4M) | (609.0M) | (846.1M) | (682.2M) | 56.1M | 53.3M | |
Other Assets | 1.0B | 964.2M | 709.8M | 1.2B | 1.1B | 666.0M | |
Cash And Short Term Investments | 406.0M | 663.1M | 819.0M | 688.5M | (22.2M) | (21.1M) | |
Net Receivables | 33.5M | 43.1M | 43.8M | 89.5M | 102.9M | 108.0M | |
Common Stock Shares Outstanding | 4.9M | 4.8M | 4.7M | 4.7M | 4.7M | 4.6M | |
Liabilities And Stockholders Equity | 1.8B | 2.3B | 2.4B | 2.6B | 2.7B | 2.8B | |
Other Stockholder Equity | 34.7M | 29.2M | 29.1M | 29.7M | 31.3M | 19.4M | |
Total Liab | 1.6B | 2.1B | 2.2B | 2.5B | 2.5B | 2.6B | |
Property Plant And Equipment Gross | 30.4M | 27.3M | 25.5M | 22.6M | 94.0M | 98.7M | |
Total Current Assets | 439.5M | 706.2M | 862.8M | 777.9M | 45.0M | 42.7M | |
Other Current Assets | 127.1M | 115.0M | 33.1M | 64.7M | 45.0M | 42.7M | |
Accumulated Other Comprehensive Income | (5.8M) | 2.4M | (6.5M) | (75.3M) | (66.0M) | (62.7M) | |
Short Long Term Debt Total | 12.2M | 11.1M | 25.9M | 201.6M | 40.8M | 42.3M | |
Non Current Liabilities Total | 12.2M | 11.1M | 25.9M | 142.0M | 663.4M | 696.6M | |
Other Current Liab | (20.9M) | (30.9M) | (40.6M) | (142.0M) | 1.8B | 1.9B | |
Total Current Liabilities | 20.9M | 30.9M | 40.6M | 142.0M | 1.9B | 1.9B | |
Accounts Payable | 20.9M | 30.9M | 26.0M | 46.2M | 19.6M | 11.9M | |
Short Term Debt | 1.3M | 1.3M | 14.6M | 95.8M | 33.2M | 30.4M | |
Intangible Assets | 1.4M | 742K | 258K | 15K | 13.5K | 12.8K | |
Short Term Investments | 284.1M | 554.6M | 792.0M | 632.6M | 584.0M | 554.8M | |
Other Liab | 12.5M | 14.3M | 14.7M | 16.7M | 19.2M | 15.9M | |
Long Term Debt | 4.1M | 3.8M | 18.2M | 99.1M | 89.2M | 93.7M | |
Inventory | (127.1M) | (115.0M) | (33.1M) | (64.7M) | (58.3M) | (55.4M) | |
Treasury Stock | (12.6M) | (11.7M) | (17.5M) | (17.8M) | (20.5M) | (21.5M) | |
Property Plant Equipment | 22.4M | 27.3M | 25.5M | 22.6M | 25.9M | 28.7M | |
Net Tangible Assets | 160.1M | 177.6M | 189.6M | 144.6M | 166.2M | 145.7M | |
Retained Earnings Total Equity | 153.7M | 168.0M | 188.9M | 211.9M | 243.6M | 153.1M | |
Capital Surpluse | 46.4M | 46.8M | 46.9M | 47.3M | 54.4M | 50.6M | |
Long Term Investments | 1.6B | 559.6M | 798.8M | 637.8M | 587.8M | 808.6M |
Currently Active Assets on Macroaxis
When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung 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 Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemung Financial. If investors know Chemung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemung Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1.24 | Earnings Share 4.52 | Revenue Per Share 19.63 | Quarterly Revenue Growth (0.06) |
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung 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.