Camden Other Assets vs Total Current Liabilities Analysis
CAC Stock | USD 47.11 0.47 0.99% |
Camden National financial indicator trend analysis is way more than just evaluating Camden National prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camden National is a good investment. Please check the relationship between Camden National Other Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camden National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.
Other Assets vs Total Current Liabilities
Other Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camden National Other Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Camden National's Other Assets and Total Current Liabilities is -0.62. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Camden National, assuming nothing else is changed. The correlation between historical values of Camden National's Other Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Camden National are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Camden National's Other Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Assets
Total Current Liabilities
Total Current Liabilities is an item on Camden National balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Camden National 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.Most indicators from Camden National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camden National 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 Camden National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.At present, Camden National's Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.53, whereas Selling General Administrative is forecasted to decline to about 4.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.0M | 25.1M | 94.0M | 98.7M | Depreciation And Amortization | 4.4M | 4.1M | 592K | 562.4K |
Camden National fundamental ratios Correlations
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Camden National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camden National fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4B | 4.9B | 5.5B | 5.7B | 5.7B | 2.9B | |
Short Long Term Debt Total | 337.9M | 246.8M | 255.9M | 113.1M | 329.3M | 421.1M | |
Total Stockholder Equity | 473.4M | 529.3M | 541.3M | 451.3M | 495.1M | 265.4M | |
Property Plant And Equipment Net | 41.8M | 39.9M | 37.8M | 36.0M | 35.0M | 28.2M | |
Net Debt | 262.3M | 101.0M | 35.3M | 37.6M | 229.5M | 333.6M | |
Retained Earnings | 340.6M | 377.5M | 424.4M | 462.2M | 481.0M | 505.1M | |
Cash | 75.6M | 145.8M | 220.6M | 75.4M | 99.8M | 62.7M | |
Non Current Assets Total | 1.1B | 1.3B | 1.7B | 1.4B | 5.6B | 5.9B | |
Non Currrent Assets Other | (16.8M) | (12.0M) | (19.2M) | (50.2M) | 4.3B | 4.5B | |
Other Assets | 2.4B | 2.4B | 2.1B | 3.6B | (593.0M) | (563.4M) | |
Cash And Short Term Investments | 993.8M | 1.3B | 1.7B | 699.3M | 703.5M | 469.4M | |
Common Stock Total Equity | 139.1M | 131.1M | 123.1M | 115.1M | 132.3M | 70.5M | |
Common Stock Shares Outstanding | 15.5M | 15.0M | 15.0M | 14.7M | 14.6M | 14.6M | |
Liabilities And Stockholders Equity | 4.4B | 4.9B | 5.5B | 5.7B | 5.7B | 2.9B | |
Non Current Liabilities Total | 69.1M | 84.3M | 44.3M | 152.9M | 4.7B | 5.0B | |
Other Stockholder Equity | (6.3M) | 20.7M | (6.2M) | (126.0M) | (113.4M) | (107.7M) | |
Total Liab | 4.0B | 4.4B | 5.0B | 5.2B | 5.2B | 2.6B | |
Property Plant And Equipment Gross | 41.8M | 39.9M | 75.2M | 76.0M | 76.0M | 79.8M | |
Total Current Assets | 993.8M | 1.3B | 1.7B | 699.3M | 703.5M | 668.3M | |
Accumulated Other Comprehensive Income | (6.3M) | 20.7M | (6.2M) | (126.0M) | (101.6M) | (96.5M) | |
Common Stock | 139.1M | 131.1M | 123.1M | 115.1M | 115.6M | 66.3M | |
Total Current Liabilities | 349.3M | 279.9M | 305.8M | 152.9M | 3.0B | 3.2B | |
Accounts Payable | 80.5M | 117.4M | 94.2M | 84.1M | 92.1M | 87.5M | |
Short Term Debt | 268.8M | 162.4M | 211.6M | 68.7M | 285.0M | 261.4M | |
Other Current Assets | 75.7M | 150.2M | 233.0M | 91.4M | 118.9M | 112.9M | |
Other Liab | 18.8M | 23.1M | 3.2M | 21.6M | 24.8M | 24.5M | |
Long Term Debt | 70.6M | 69.1M | 84.3M | 44.3M | 39.9M | 37.9M | |
Intangible Assets | 3.5M | 2.8M | 2.2M | 1.6M | 971K | 922.5K | |
Property Plant Equipment | 41.8M | 58.4M | 37.8M | 36.0M | 41.4M | 32.0M | |
Short Term Investments | 918.1M | 1.1B | 1.5B | 623.9M | 602.6M | 735.4M | |
Other Current Liab | (349.3M) | 45.0M | (94.2M) | (229.9M) | 2.6B | 2.8B | |
Net Tangible Assets | 375.2M | 431.7M | 444.4M | 355.0M | 408.3M | 323.5M | |
Retained Earnings Total Equity | 340.6M | 377.5M | 424.4M | 462.2M | 531.5M | 311.6M | |
Long Term Debt Total | 70.6M | 69.1M | 59.3M | 44.3M | 39.9M | 37.9M | |
Long Term Investments | 3.1B | 1.1B | 1.5B | 1.3B | 1.2B | 1.6B | |
Non Current Liabilities Other | 80.5M | 142.4M | 94.2M | 84.1M | 96.8M | 91.9M | |
Short Long Term Debt | 30.8M | 162.4M | 211.6M | 265.2M | 285.0M | 248.9M |
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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 Camden National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camden National'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 Camden National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camden National Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camden National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Camden National. If investors know Camden 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 Camden National 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 0.339 | Dividend Share 1.68 | Earnings Share 3.2 | Revenue Per Share 11.579 | Quarterly Revenue Growth 0.171 |
The market value of Camden National is measured differently than its book value, which is the value of Camden that is recorded on the company's balance sheet. Investors also form their own opinion of Camden National's value that differs from its market value or its book value, called intrinsic value, which is Camden National'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 Camden National's market value can be influenced by many factors that don't directly affect Camden National'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 Camden National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camden National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camden National'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.