City Total Current Liabilities vs Total Assets Analysis

CIO Stock  USD 5.82  0.03  0.52%   
City Office financial indicator trend analysis is way more than just evaluating City Office prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether City Office is a good investment. Please check the relationship between City Office Total Current Liabilities and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. 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.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of City Office Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between City Office's Total Current Liabilities and Total Assets is 0.63. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of City Office, assuming nothing else is changed. The correlation between historical values of City Office's Total Current Liabilities and Total 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 Total Current Liabilities of City Office are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., City Office's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on City Office balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of City Office are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of City Office assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in City Office books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from City Office's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into City Office 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 City Office. 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.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.As of the 13th of December 2024, Selling General Administrative is likely to drop to about 8.3 M. In addition to that, Sales General And Administrative To Revenue is likely to drop to 0.06
 2021 2022 2023 2024 (projected)
Interest Expense23.3M25.8M31.9M18.6M
Depreciation And Amortization130.8M144.0M63.0M59.3M

City Office fundamental ratios Correlations

0.96-0.580.630.98-0.160.960.970.581.00.880.580.840.960.97-0.310.950.970.910.850.820.970.980.740.9-0.26
0.96-0.650.590.89-0.10.920.990.510.960.820.510.790.950.99-0.230.920.990.920.850.870.910.970.660.95-0.19
-0.58-0.650.05-0.590.11-0.61-0.64-0.05-0.6-0.47-0.05-0.3-0.48-0.59-0.06-0.41-0.54-0.39-0.23-0.56-0.56-0.58-0.38-0.470.16
0.630.590.050.58-0.240.560.610.340.620.740.340.890.640.59-0.10.60.650.770.640.380.580.630.760.59-0.31
0.980.89-0.590.58-0.220.950.90.550.980.890.550.820.910.89-0.320.890.90.840.750.720.960.930.790.8-0.33
-0.16-0.10.11-0.24-0.22-0.13-0.09-0.21-0.17-0.54-0.21-0.26-0.21-0.060.48-0.09-0.080.030.00.23-0.25-0.19-0.41-0.020.97
0.960.92-0.610.560.95-0.130.910.530.970.840.530.770.910.92-0.380.890.920.850.770.790.960.920.760.87-0.23
0.970.99-0.640.610.9-0.090.910.520.960.830.520.820.940.98-0.20.920.980.910.860.830.890.980.690.91-0.19
0.580.51-0.050.340.55-0.210.530.520.560.541.00.520.610.59-0.60.710.590.550.750.540.620.620.250.56-0.22
1.00.96-0.60.620.98-0.170.970.960.560.880.560.840.950.96-0.30.940.970.90.830.810.970.980.750.89-0.27
0.880.82-0.470.740.89-0.540.840.830.540.880.540.910.860.81-0.380.80.830.80.680.580.890.880.860.75-0.61
0.580.51-0.050.340.55-0.210.530.521.00.560.540.520.610.59-0.60.710.590.550.750.540.620.620.250.56-0.22
0.840.79-0.30.890.82-0.260.770.820.520.840.910.520.80.8-0.150.780.820.890.740.60.790.850.840.73-0.35
0.960.95-0.480.640.91-0.210.910.940.610.950.860.610.80.96-0.430.980.960.90.910.80.910.970.670.94-0.33
0.970.99-0.590.590.89-0.060.920.980.590.960.810.590.80.96-0.290.960.990.940.890.90.920.980.620.97-0.15
-0.31-0.23-0.06-0.1-0.320.48-0.38-0.2-0.6-0.3-0.38-0.6-0.15-0.43-0.29-0.44-0.28-0.16-0.38-0.14-0.4-0.3-0.22-0.360.5
0.950.92-0.410.60.89-0.090.890.920.710.940.80.710.780.980.96-0.440.960.920.950.850.910.950.580.95-0.2
0.970.99-0.540.650.9-0.080.920.980.590.970.830.590.820.960.99-0.280.960.940.910.870.930.980.650.96-0.17
0.910.92-0.390.770.840.030.850.910.550.90.80.550.890.90.94-0.160.920.940.880.870.850.920.650.92-0.08
0.850.85-0.230.640.750.00.770.860.750.830.680.750.740.910.89-0.380.950.910.880.790.790.880.480.9-0.08
0.820.87-0.560.380.720.230.790.830.540.810.580.540.60.80.9-0.140.850.870.870.790.790.820.340.920.14
0.970.91-0.560.580.96-0.250.960.890.620.970.890.620.790.910.92-0.40.910.930.850.790.790.930.720.87-0.33
0.980.97-0.580.630.93-0.190.920.980.620.980.880.620.850.970.98-0.30.950.980.920.880.820.930.690.91-0.29
0.740.66-0.380.760.79-0.410.760.690.250.750.860.250.840.670.62-0.220.580.650.650.480.340.720.690.53-0.47
0.90.95-0.470.590.8-0.020.870.910.560.890.750.560.730.940.97-0.360.950.960.920.90.920.870.910.53-0.12
-0.26-0.190.16-0.31-0.330.97-0.23-0.19-0.22-0.27-0.61-0.22-0.35-0.33-0.150.5-0.2-0.17-0.08-0.080.14-0.33-0.29-0.47-0.12
Click cells to compare fundamentals

City Office Account Relationship Matchups

City Office fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.6B1.6B1.5B907.7M
Short Long Term Debt Total613.6M752.2M795.6M890.6M669.5M527.7M
Other Current Liab(6.2M)531K(142M)(200.5M)658K690.9K
Total Current Liabilities35.4M108.2M38.7M44.9M137.4M144.3M
Total Stockholder Equity548.0M416.9M869.6M802.8M772.2M390.6M
Current Deferred Revenue6.6M7.3M11.6M9.1M7.7M5.4M
Net Debt537.1M651.9M632.3M862.4M639.4M461.7M
Cash70.1M25.3M21.3M28.2M30.1M23.0M
Non Current Assets Total1.1B1.0B1.5B1.5B1.4B835.0M
Non Currrent Assets Other1.0B975.4M1.4B1.4B1.4B1.4B
Cash And Short Term Investments70.1M25.3M21.3M28.2M30.1M23.0M
Net Receivables32.1M33.0M30.4M44.4M53.5M56.1M
Common Stock Shares Outstanding44.0M47.2M44.1M42.9M39.9M29.7M
Liabilities And Stockholders Equity1.2B1.2B1.6B1.6B1.5B907.7M
Non Current Liabilities Total643.9M631.2M692.2M726.4M601.3M472.4M
Other Current Assets(119.6M)(78.9M)(72.7M)16.1M13.3M14.0M
Other Stockholder Equity577.1M479.4M482.1M436.2M438.9M313.1M
Total Liab679.3M739.4M730.9M771.3M738.7M514.7M
Total Current Assets124.1M125.0M72.7M88.7M96.8M72.7M
Intangible Assets67.5M44.1M68.9M55.4M42.4M48.0M
Other Liab35.1M26.5M50.2M35.1M40.4M23.8M
Accounts Payable28.8M25.4M27.1M35.8M29.1M20.1M
Other Assets35.4M1.1B1.5B1.4B1.4B1.5B
Long Term Debt607.3M677.2M653.6M489.6M469.5M465.4M
Net Tangible Assets368.5M260.8M688.7M635.4M730.7M767.2M
Deferred Long Term Liab6.6M7.3M11.6M9.1M10.5M7.0M
Short Term Debt6.3M75M142M200.5M107.7M92.7M
Common Stock545K433K435K397K399K379.1K
Property Plant Equipment1.0B1.0B1.4B1.4B1.6B851.4M
Noncontrolling Interest In Consolidated Entity1.1M949K979K343K308.7K293.3K
Retained Earnings(142.4M)(173.0M)275.5M251.5M221.2M232.3M
Common Stock Total Equity545K433K435K397K456.6K373.6K
Retained Earnings Total Equity(142.4M)(173.0M)275.5M251.5M289.3M303.7M
Long Term Debt Total607.3M677.2M653.6M690.1M793.6M570.5M

Pair Trading with City Office

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if City Office position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in City Office will appreciate offsetting losses from the drop in the long position's value.

Moving against City Stock

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The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back City Office - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling City Office to buy it.
The correlation of City Office is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for City Office can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether City Office offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Office's 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 City Office Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Office Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. 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.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Diversified REITs 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 City Office. If investors know City 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 City Office 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
(0.52)
Dividend Share
0.4
Earnings Share
(0.42)
Revenue Per Share
4.329
Quarterly Revenue Growth
(0.04)
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office'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 City Office's market value can be influenced by many factors that don't directly affect City Office'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 City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office'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.