Civista Net Receivables vs Short Term Investments Analysis

CIVB Stock  USD 21.99  0.56  2.48%   
Civista Bancshares financial indicator trend analysis is way more than just evaluating Civista Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Civista Bancshares is a good investment. Please check the relationship between Civista Bancshares Net Receivables and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civista Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Civista Bancshares Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Civista Bancshares' Net Receivables and Short Term Investments is 0.77. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Civista Bancshares, assuming nothing else is changed. The correlation between historical values of Civista Bancshares' Net Receivables 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 Receivables of Civista Bancshares are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., Civista Bancshares' Net Receivables and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Short Term Investments

Short Term Investments is an item under the current assets section of Civista Bancshares balance sheet. It contains any investments Civista Bancshares undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Civista Bancshares can easily liquidate in the marketplace.
Most indicators from Civista Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Civista Bancshares 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 Civista Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.At present, Civista Bancshares' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.53, whereas Tax Provision is forecasted to decline to about 6.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.3M11.0M19.4M20.4M
Depreciation And Amortization2.9M5.8M12.3M13.0M

Civista Bancshares fundamental ratios Correlations

0.90.950.890.730.950.390.780.590.210.830.970.950.660.49-0.61-0.720.650.9-0.450.950.040.570.72-0.390.12
0.90.80.960.940.880.030.760.610.060.870.950.850.520.54-0.55-0.670.830.92-0.430.84-0.20.420.91-0.37-0.23
0.950.80.720.60.880.480.630.420.360.650.940.970.790.32-0.55-0.670.440.73-0.350.990.240.70.55-0.490.22
0.890.960.720.920.880.020.820.69-0.040.930.90.780.390.59-0.57-0.650.880.97-0.50.77-0.290.330.92-0.27-0.2
0.730.940.60.920.72-0.310.720.62-0.180.840.820.690.330.57-0.45-0.540.890.82-0.420.66-0.290.30.95-0.26-0.51
0.950.880.880.880.720.370.80.630.130.860.930.890.530.48-0.71-0.760.630.92-0.60.86-0.060.550.67-0.520.1
0.390.030.480.02-0.310.370.04-0.10.65-0.020.260.360.46-0.17-0.3-0.26-0.30.19-0.080.420.290.31-0.26-0.320.87
0.780.760.630.820.720.80.040.94-0.410.970.760.70.190.8-0.51-0.560.790.85-0.640.630.10.480.73-0.19-0.17
0.590.610.420.690.620.63-0.10.94-0.560.890.570.52-0.040.87-0.35-0.490.770.74-0.560.410.070.30.66-0.07-0.3
0.210.060.36-0.04-0.180.130.65-0.41-0.56-0.330.180.280.6-0.49-0.09-0.27-0.34-0.010.340.35-0.040.02-0.17-0.260.52
0.830.870.650.930.840.86-0.020.970.89-0.330.820.720.220.75-0.57-0.610.870.93-0.640.67-0.120.390.84-0.24-0.22
0.970.950.940.90.820.930.260.760.570.180.820.950.640.47-0.56-0.70.690.88-0.410.960.00.580.79-0.480.0
0.950.850.970.780.690.890.360.70.520.280.720.950.740.44-0.54-0.810.550.78-0.350.960.180.610.64-0.420.06
0.660.520.790.390.330.530.460.19-0.040.60.220.640.740.03-0.26-0.490.120.350.030.790.30.560.26-0.260.21
0.490.540.320.590.570.48-0.170.80.87-0.490.750.470.440.03-0.29-0.470.680.61-0.460.33-0.020.090.590.06-0.39
-0.61-0.55-0.55-0.57-0.45-0.71-0.3-0.51-0.35-0.09-0.57-0.56-0.54-0.26-0.290.52-0.2-0.620.9-0.510.2-0.15-0.320.57-0.25
-0.72-0.67-0.67-0.65-0.54-0.76-0.26-0.56-0.49-0.27-0.61-0.7-0.81-0.49-0.470.52-0.49-0.690.34-0.640.1-0.19-0.50.30.04
0.650.830.440.880.890.63-0.30.790.77-0.340.870.690.550.120.68-0.2-0.490.83-0.260.51-0.30.210.940.0-0.5
0.90.920.730.970.820.920.190.850.74-0.010.930.880.780.350.61-0.62-0.690.83-0.550.75-0.240.350.84-0.32-0.07
-0.45-0.43-0.35-0.5-0.42-0.6-0.08-0.64-0.560.34-0.64-0.41-0.350.03-0.460.90.34-0.26-0.55-0.30.12-0.15-0.30.43-0.09
0.950.840.990.770.660.860.420.630.410.350.670.960.960.790.33-0.51-0.640.510.75-0.30.190.660.64-0.440.16
0.04-0.20.24-0.29-0.29-0.060.290.10.07-0.04-0.120.00.180.3-0.020.20.1-0.3-0.240.120.190.58-0.280.050.2
0.570.420.70.330.30.550.310.480.30.020.390.580.610.560.09-0.15-0.190.210.35-0.150.660.580.22-0.360.09
0.720.910.550.920.950.67-0.260.730.66-0.170.840.790.640.260.59-0.32-0.50.940.84-0.30.64-0.280.22-0.16-0.45
-0.39-0.37-0.49-0.27-0.26-0.52-0.32-0.19-0.07-0.26-0.24-0.48-0.42-0.260.060.570.30.0-0.320.43-0.440.05-0.36-0.16-0.24
0.12-0.230.22-0.2-0.510.10.87-0.17-0.30.52-0.220.00.060.21-0.39-0.250.04-0.5-0.07-0.090.160.20.09-0.45-0.24
Click cells to compare fundamentals

Civista Bancshares Account Relationship Matchups

Civista Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.8B3.0B3.5B3.9B4.1B
Short Long Term Debt Total255.9M154.4M177.8M529.6M455.8M478.6M
Total Stockholder Equity330.1M350.1M355.2M334.8M372.0M390.6M
Property Plant And Equipment Net22.9M22.6M22.4M64.0M58.4M61.3M
Net Debt207.4M14.9M(88.2M)471.8M394.2M413.9M
Retained Earnings68.0M93.0M125.6M156.5M183.8M193.0M
Cash48.5M139.5M266.0M44.8M61.6M50.2M
Non Current Assets Total488.0M492.4M684.8M851.6M3.8B4.0B
Non Currrent Assets Other(488.0M)(492.4M)(980K)(3.3M)3.5B3.7B
Cash And Short Term Investments407.0M503.0M825.8M660.2M(60.4M)(57.4M)
Net Receivables7.1M9.4M7.4M36.8M67.2M70.5M
Good Will28.4M86.2M76.9M125.7M125.5M131.8M
Common Stock Total Equity276.4M277.0M277.7M310.2M356.7M374.5M
Common Stock Shares Outstanding16.9M16.1M15.3M15.0M15.2M9.4M
Liabilities And Stockholders Equity2.3B2.8B3.0B3.5B3.9B4.1B
Non Current Liabilities Total255.9M154.4M177.8M393.7M1.9B2.0B
Other Current Assets55.6M149.0M273.4M56.0M74.5M70.7M
Other Stockholder Equity(21.1M)(34.6M)(56.9M)(73.8M)(75.4M)(71.7M)
Total Liab255.9M154.4M177.8M3.2B3.5B3.7B
Property Plant And Equipment Gross22.9M22.6M60.1M106.1M109.6M115.1M
Total Current Assets414.1M512.4M833.2M708.2M74.5M70.7M
Accumulated Other Comprehensive Income6.9M14.6M8.8M(58.0M)(47.5M)(45.2M)
Common Stock276.4M277.0M277.7M310.2M311.2M326.7M
Other Current Liab1.6B1.1B1.3B(393.7M)1.2B956.5M
Total Current Liabilities1.7B1.2B1.4B393.7M1.6B1.6B
Short Term Debt120.7M29.5M25.9M393.7M339.6M356.6M
Accounts Payable26.1M2.2B2.4B24.7M28.4M27.0M
Other Assets1.4B1.8B1.5B2.0B2.3B1.2B
Short Term Investments358.5M363.5M559.9M615.4M618.3M649.2M
Treasury Stock(21.1M)(34.6M)(56.9M)(73.8M)(66.4M)(63.1M)
Intangible Assets8.3M8.1M7.6M10.8M9.5M10.6M
Property Plant Equipment22.9M25.3M22.4M64.0M73.6M77.3M
Retained Earnings Total Equity68.0M93.0M125.6M156.5M180.0M189.0M
Net Tangible Assets245.0M267.4M270.8M198.4M228.1M177.5M
Long Term Investments2.1B384.9M578.0M651.2M650.4M811.9M

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When determining whether Civista Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civista Bancshares' 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 Civista Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civista Bancshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civista Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 Civista Bancshares. If investors know Civista 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 Civista Bancshares 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
(0.20)
Dividend Share
0.64
Earnings Share
2
Revenue Per Share
9.566
Quarterly Revenue Growth
(0.03)
The market value of Civista Bancshares is measured differently than its book value, which is the value of Civista that is recorded on the company's balance sheet. Investors also form their own opinion of Civista Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Civista Bancshares' 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 Civista Bancshares' market value can be influenced by many factors that don't directly affect Civista Bancshares' 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 Civista Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civista Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civista Bancshares' 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.