Citizens Treasury Stock vs Accounts Payable Analysis

CIA Stock  USD 3.80  0.03  0.78%   
Citizens financial indicator trend analysis is way more than just evaluating Citizens prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens is a good investment. Please check the relationship between Citizens Treasury Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.

Treasury Stock vs Accounts Payable

Treasury Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Treasury Stock account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Citizens' Treasury Stock and Accounts Payable is -0.36. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Citizens, assuming nothing else is changed. The correlation between historical values of Citizens' Treasury Stock 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 Treasury Stock of Citizens 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 Treasury Stock i.e., Citizens' Treasury Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Treasury Stock

Accounts Payable

An accounting item on the balance sheet that represents Citizens 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 Citizens 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 Citizens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 2.7 M, whereas Selling General Administrative is forecasted to decline to about 41.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit250.5M232.5M240.7M148.1M
Total Revenue250.5M232.5M240.7M148.1M

Citizens fundamental ratios Correlations

0.57-0.53-0.220.87-0.210.840.390.62-0.28-0.090.130.330.40.680.540.630.150.340.750.350.73-0.070.870.730.08
0.57-0.270.040.610.130.33-0.050.4-0.51-0.32-0.31-0.090.20.540.120.25-0.24-0.020.570.540.38-0.540.570.360.02
-0.53-0.270.41-0.30.06-0.26-0.080.030.070.410.020.140.0-0.72-0.74-0.23-0.20.24-0.46-0.15-0.890.57-0.2-0.890.55
-0.220.040.41-0.020.11-0.24-0.56-0.21-0.34-0.5-0.63-0.53-0.73-0.08-0.84-0.45-0.19-0.35-0.240.23-0.43-0.08-0.04-0.440.63
0.870.61-0.3-0.020.020.750.180.56-0.51-0.21-0.170.170.390.70.240.49-0.150.290.650.550.470.010.980.460.12
-0.210.130.060.110.02-0.33-0.24-0.550.04-0.23-0.28-0.34-0.15-0.17-0.21-0.10.02-0.19-0.48-0.1-0.38-0.190.0-0.38-0.24
0.840.33-0.26-0.240.75-0.330.520.77-0.140.270.30.630.580.410.490.630.280.650.630.220.540.360.770.540.31
0.39-0.05-0.08-0.560.18-0.240.520.640.550.520.850.740.59-0.040.550.920.270.880.47-0.420.270.460.260.29-0.08
0.620.40.03-0.210.56-0.550.770.64-0.110.330.380.640.620.320.290.7-0.080.740.80.220.370.340.610.370.31
-0.28-0.510.07-0.34-0.510.04-0.140.55-0.110.340.70.38-0.01-0.490.30.320.350.39-0.24-0.98-0.120.31-0.45-0.08-0.26
-0.09-0.320.41-0.5-0.21-0.230.270.520.330.340.70.750.68-0.60.20.260.410.65-0.17-0.3-0.270.71-0.08-0.260.18
0.13-0.310.02-0.63-0.17-0.280.30.850.380.70.70.840.52-0.340.530.630.420.720.13-0.620.110.54-0.060.14-0.12
0.33-0.090.14-0.530.17-0.340.630.740.640.380.750.840.73-0.20.460.590.330.830.26-0.30.130.680.280.140.13
0.40.20.0-0.730.39-0.150.580.590.62-0.010.680.520.730.030.510.550.010.670.360.110.190.430.460.19-0.1
0.680.54-0.72-0.080.7-0.170.41-0.040.32-0.49-0.6-0.34-0.20.030.410.26-0.24-0.170.770.560.81-0.50.580.79-0.29
0.540.12-0.74-0.840.24-0.210.490.550.290.30.20.530.460.510.410.550.390.290.48-0.190.8-0.110.220.81-0.56
0.630.25-0.23-0.450.49-0.10.630.920.70.320.260.630.590.550.260.550.160.810.65-0.20.420.280.540.43-0.1
0.15-0.24-0.2-0.19-0.150.020.280.27-0.080.350.410.420.330.01-0.240.390.160.22-0.18-0.320.170.17-0.110.180.11
0.34-0.020.24-0.350.29-0.190.650.880.740.390.650.720.830.67-0.170.290.810.220.36-0.30.010.720.390.030.23
0.750.57-0.46-0.240.65-0.480.630.470.8-0.24-0.170.130.260.360.770.480.65-0.180.360.370.76-0.180.610.75-0.06
0.350.54-0.150.230.55-0.10.22-0.420.22-0.98-0.3-0.62-0.30.110.56-0.19-0.2-0.32-0.30.370.22-0.310.480.190.21
0.730.38-0.89-0.430.47-0.380.540.270.37-0.12-0.270.110.130.190.810.80.420.170.010.760.22-0.410.391.0-0.35
-0.07-0.540.57-0.080.01-0.190.360.460.340.310.710.540.680.43-0.5-0.110.280.170.72-0.18-0.31-0.410.13-0.40.42
0.870.57-0.2-0.040.980.00.770.260.61-0.45-0.08-0.060.280.460.580.220.54-0.110.390.610.480.390.130.380.19
0.730.36-0.89-0.440.46-0.380.540.290.37-0.08-0.260.140.140.190.790.810.430.180.030.750.191.0-0.40.38-0.36
0.080.020.550.630.12-0.240.31-0.080.31-0.260.18-0.120.13-0.1-0.29-0.56-0.10.110.23-0.060.21-0.350.420.19-0.36
Click cells to compare fundamentals

Citizens Account Relationship Matchups

Citizens fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B1.9B1.6B1.7B847.5M
Total Stockholder Equity259.8M300.9M320.6M1.0M172.1M149.3M
Retained Earnings(71.0M)(82.4M)(45.6M)(52.2M)42.2M44.3M
Other Assets(1.1B)(1.2B)(1.2B)(856.2M)42.7M26.8M
Common Stock Shares Outstanding49.7M49.4M50.5M50.9M50.7M43.6M
Liabilities And Stockholders Equity1.7B1.8B1.9B1.6B1.7B847.5M
Total Liab1.5B1.5B1.5B1.6B1.5B1.6B
Total Current Liabilities8.1M13.2M14.6M9.9M12.7M13.4M
Net Debt(45.1M)(22.2M)(16.5M)(12.9M)(27.0M)(28.3M)
Non Currrent Assets Other(8.1M)(9.9M)(9.1M)(165.8M)1.3B1.4B
Short Term Debt946K1.4M1.3M1.4M1.5M941.5K
Intangible Assets163.7M117.4M151.0M150.4M185.8M195.1M
Non Current Assets Total1.4B1.5B1.5B1.2B1.6B1.7B
Net Receivables16.4M17.1M17.0M17.0M4.3M4.1M
Total Current Assets1.4B1.5B1.5B1.2B29.4M28.0M
Property Plant And Equipment Net5.9M16.3M14.1M12.9M11.8M7.8M
Other Current Assets201.0M77.3M95.8M76.0M66.6M63.3M
Property Plant And Equipment Gross6.6M5.9M5.9M16.3M18.8M19.7M
Accounts Payable8.1M13.2M14.6M9.9M6.6M6.4M
Cash46.2M34.1M27.3M23.0M27.0M34.3M
Cash And Short Term Investments1.4B1.5B1.5B1.2B25.1M23.8M
Common Stock Total Equity264.7M266.1M268.7M271.3M312.0M215.5M
Short Term Investments1.4B1.5B1.5B1.2B11.0M10.5M
Non Current Liabilities Total12.4M9.6M15.5M9.9M1.5B1.6B
Accumulated Other Comprehensive Income77.1M128.3M117.5M(195.3M)(118.2M)(112.2M)
Common Stock264.7M266.1M268.7M271.3M271.9M225.4M
Other Current Liab(8.1M)(68.9M)(27.9M)(18.4M)(6.6M)(7.0M)
Other Liab1.4B1.4B1.4B1.5B1.7B1.8B
Property Plant Equipment5.9M16.3M14.1M12.9M14.9M8.5M
Inventory(201.0M)(77.3M)(95.8M)(76.0M)(29.4M)(30.9M)
Net Tangible Assets259.8M300.9M320.6M1.0M938.7K891.8K
Retained Earnings Total Equity(71.0M)(82.4M)(45.6M)(52.2M)(47.0M)(49.3M)
Deferred Long Term Liab5.7M12.4M9.6M15.5M17.8M18.7M
Long Term Investments1.5B1.6B1.6B1.4B1.2B1.4B
Non Current Liabilities Other1.4B1.5B1.5B1.6B1.8B1.4B
Cash And Equivalents46.2M34.1M27.3M23.0M20.7M29.4M

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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.
When determining whether Citizens offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citizens Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Life & Health Insurance 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 Citizens. If investors know Citizens 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 Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.43
Revenue Per Share
5.002
Quarterly Revenue Growth
0.039
Return On Assets
0.0076
Return On Equity
0.1223
The market value of Citizens is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens' value that differs from its market value or its book value, called intrinsic value, which is Citizens' 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 Citizens' market value can be influenced by many factors that don't directly affect Citizens' 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 Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens' 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.