Cincinnati Property Plant Equipment vs Good Will Analysis
CINF Stock | USD 145.31 0.04 0.03% |
Cincinnati Financial financial indicator trend analysis is way more than just evaluating Cincinnati Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cincinnati Financial is a good investment. Please check the relationship between Cincinnati Financial Property Plant Equipment and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cincinnati Financial. 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. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.
Property Plant Equipment vs Good Will
Property Plant Equipment vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cincinnati Financial Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cincinnati Financial's Property Plant Equipment and Good Will is 0.18. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of Cincinnati Financial, assuming nothing else is changed. The correlation between historical values of Cincinnati Financial's Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Cincinnati Financial are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Cincinnati Financial's Property Plant Equipment and Good Will go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant Equipment
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.Most indicators from Cincinnati Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cincinnati Financial 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 Cincinnati Financial. 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. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.At this time, Cincinnati Financial's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.6B | 6.6B | 10.0B | 10.5B | Total Revenue | 9.6B | 6.6B | 10.0B | 10.5B |
Cincinnati Financial fundamental ratios Correlations
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Cincinnati Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cincinnati Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.4B | 27.5B | 31.4B | 29.7B | 32.8B | 34.4B | |
Short Long Term Debt Total | 885M | 899M | 897M | 891M | 874M | 638.3M | |
Total Stockholder Equity | 9.9B | 10.8B | 13.1B | 10.5B | 12.1B | 12.7B | |
Net Debt | 118M | (1M) | (242M) | (373M) | (33M) | (31.4M) | |
Retained Earnings | 9.3B | 10.1B | 12.6B | 11.7B | 13.1B | 13.7B | |
Other Assets | 2.4B | 2.6B | 2.8B | 3.1B | (55M) | (52.3M) | |
Liabilities And Stockholders Equity | 25.4B | 27.5B | 31.4B | 29.7B | 32.8B | 34.4B | |
Non Current Liabilities Total | 1.9B | 2.1B | 2.6B | 50M | 11.9B | 12.5B | |
Other Stockholder Equity | (238M) | (462M) | (565M) | (932M) | (948M) | (900.6M) | |
Total Liab | 15.5B | 16.8B | 18.3B | 19.2B | 20.7B | 21.7B | |
Property Plant And Equipment Net | 207M | 213M | 205M | 202M | 208M | 159.6M | |
Non Currrent Assets Other | (19.7B) | (21.4B) | (24.5B) | (1.1B) | 29.6B | 31.1B | |
Total Current Liabilities | 13.3B | 39M | 54M | 50M | 8.4B | 7.9B | |
Non Current Assets Total | 19.7B | 21.4B | 24.5B | 22.2B | 31.9B | 33.5B | |
Net Receivables | 2.6B | 2.6B | 2.9B | 3.2B | 3.5B | 3.7B | |
Total Current Assets | 3.4B | 3.5B | 4.0B | 4.5B | 962M | 975.9M | |
Short Term Debt | 32M | 39M | 54M | 50M | 25M | 23.8M | |
Other Current Liab | 13.3B | (39M) | (54M) | (1.1B) | (25M) | (23.8M) | |
Cash | 767M | 900M | 1.1B | 1.3B | 907M | 493.3M | |
Cash And Short Term Investments | 767M | 900M | 1.1B | 1.3B | 907M | 506.6M | |
Short Term Investments | 296M | 348M | 329M | 452M | 13.8B | 14.5B | |
Accumulated Other Comprehensive Income | 448M | 769M | 648M | (636M) | (435M) | (413.3M) | |
Other Liab | 9.6B | 12.9B | 14.1B | 11.4B | 13.1B | 13.8B | |
Long Term Debt | 39M | 54M | 843M | 841M | 790M | 829.5M | |
Treasury Stock | (1.5B) | (1.8B) | (1.9B) | (2.3B) | (2.1B) | (2.0B) | |
Property Plant Equipment | 207M | 213M | 205M | 202M | 232.3M | 210.7M | |
Other Current Assets | 3.2B | 65M | 78M | 51M | 55M | 57.8M | |
Net Tangible Assets | 9.9B | 10.8B | 13.1B | 10.5B | 12.1B | 8.6B | |
Accounts Payable | 2.1B | 2.4B | 2.6B | 3.1B | 3.5B | 3.7B | |
Good Will | (1.2B) | 17.8B | 19.3B | 30M | 34.5M | 32.8M | |
Retained Earnings Total Equity | 9.3B | 10.1B | 12.6B | 11.7B | 13.5B | 7.4B | |
Long Term Debt Total | 846M | 845M | 843M | 841M | 967.2M | 916.6M | |
Capital Surpluse | 1.3B | 1.3B | 1.4B | 1.4B | 1.6B | 1.4B | |
Deferred Long Term Liab | 1.1B | 1.3B | 1.7B | 1.0B | 1.2B | 895.4M | |
Long Term Investments | 20.0B | 21.8B | 24.7B | 22.0B | 24.8B | 19.0B |
Currently Active Assets on Macroaxis
When determining whether Cincinnati Financial is a strong investment it is important to analyze Cincinnati 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 Cincinnati Financial's future performance. For an informed investment choice regarding Cincinnati Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cincinnati Financial. 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. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Property & Casualty 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 Cincinnati Financial. If investors know Cincinnati 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 Cincinnati 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 (0.41) | Dividend Share 3.18 | Earnings Share 19.46 | Revenue Per Share 77.606 | Quarterly Revenue Growth 0.833 |
The market value of Cincinnati Financial is measured differently than its book value, which is the value of Cincinnati that is recorded on the company's balance sheet. Investors also form their own opinion of Cincinnati Financial's value that differs from its market value or its book value, called intrinsic value, which is Cincinnati 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 Cincinnati Financial's market value can be influenced by many factors that don't directly affect Cincinnati 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 Cincinnati Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cincinnati Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cincinnati 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.