Civista Short Term Investments vs Total Current Assets 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 Short Term Investments and its Total Current Assets 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.
Short Term Investments vs Total Current Assets
Short Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Civista Bancshares Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Civista Bancshares' Short Term Investments and Total Current Assets is -0.37. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets 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' Short Term Investments and Total Current 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 Short Term Investments of Civista Bancshares are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., Civista Bancshares' Short Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Expense | 6.3M | 11.0M | 19.4M | 20.4M | Depreciation And Amortization | 2.9M | 5.8M | 12.3M | 13.0M |
Civista Bancshares fundamental ratios Correlations
Click cells to compare fundamentals
Civista Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Civista Bancshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.8B | 3.0B | 3.5B | 3.9B | 4.1B | |
Short Long Term Debt Total | 255.9M | 154.4M | 177.8M | 529.6M | 455.8M | 478.6M | |
Total Stockholder Equity | 330.1M | 350.1M | 355.2M | 334.8M | 372.0M | 390.6M | |
Property Plant And Equipment Net | 22.9M | 22.6M | 22.4M | 64.0M | 58.4M | 61.3M | |
Net Debt | 207.4M | 14.9M | (88.2M) | 471.8M | 394.2M | 413.9M | |
Retained Earnings | 68.0M | 93.0M | 125.6M | 156.5M | 183.8M | 193.0M | |
Cash | 48.5M | 139.5M | 266.0M | 44.8M | 61.6M | 50.2M | |
Non Current Assets Total | 488.0M | 492.4M | 684.8M | 851.6M | 3.8B | 4.0B | |
Non Currrent Assets Other | (488.0M) | (492.4M) | (980K) | (3.3M) | 3.5B | 3.7B | |
Cash And Short Term Investments | 407.0M | 503.0M | 825.8M | 660.2M | (60.4M) | (57.4M) | |
Net Receivables | 7.1M | 9.4M | 7.4M | 36.8M | 67.2M | 70.5M | |
Good Will | 28.4M | 86.2M | 76.9M | 125.7M | 125.5M | 131.8M | |
Common Stock Total Equity | 276.4M | 277.0M | 277.7M | 310.2M | 356.7M | 374.5M | |
Common Stock Shares Outstanding | 16.9M | 16.1M | 15.3M | 15.0M | 15.2M | 9.4M | |
Liabilities And Stockholders Equity | 2.3B | 2.8B | 3.0B | 3.5B | 3.9B | 4.1B | |
Non Current Liabilities Total | 255.9M | 154.4M | 177.8M | 393.7M | 1.9B | 2.0B | |
Other Current Assets | 55.6M | 149.0M | 273.4M | 56.0M | 74.5M | 70.7M | |
Other Stockholder Equity | (21.1M) | (34.6M) | (56.9M) | (73.8M) | (75.4M) | (71.7M) | |
Total Liab | 255.9M | 154.4M | 177.8M | 3.2B | 3.5B | 3.7B | |
Property Plant And Equipment Gross | 22.9M | 22.6M | 60.1M | 106.1M | 109.6M | 115.1M | |
Total Current Assets | 414.1M | 512.4M | 833.2M | 708.2M | 74.5M | 70.7M | |
Accumulated Other Comprehensive Income | 6.9M | 14.6M | 8.8M | (58.0M) | (47.5M) | (45.2M) | |
Common Stock | 276.4M | 277.0M | 277.7M | 310.2M | 311.2M | 326.7M | |
Other Current Liab | 1.6B | 1.1B | 1.3B | (393.7M) | 1.2B | 956.5M | |
Total Current Liabilities | 1.7B | 1.2B | 1.4B | 393.7M | 1.6B | 1.6B | |
Short Term Debt | 120.7M | 29.5M | 25.9M | 393.7M | 339.6M | 356.6M | |
Accounts Payable | 26.1M | 2.2B | 2.4B | 24.7M | 28.4M | 27.0M | |
Other Assets | 1.4B | 1.8B | 1.5B | 2.0B | 2.3B | 1.2B | |
Short Term Investments | 358.5M | 363.5M | 559.9M | 615.4M | 618.3M | 649.2M | |
Treasury Stock | (21.1M) | (34.6M) | (56.9M) | (73.8M) | (66.4M) | (63.1M) | |
Intangible Assets | 8.3M | 8.1M | 7.6M | 10.8M | 9.5M | 10.6M | |
Property Plant Equipment | 22.9M | 25.3M | 22.4M | 64.0M | 73.6M | 77.3M | |
Retained Earnings Total Equity | 68.0M | 93.0M | 125.6M | 156.5M | 180.0M | 189.0M | |
Net Tangible Assets | 245.0M | 267.4M | 270.8M | 198.4M | 228.1M | 177.5M | |
Long Term Investments | 2.1B | 384.9M | 578.0M | 651.2M | 650.4M | 811.9M |
Also Currently Popular
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 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum 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.