Colony Depreciation vs Change In Cash Analysis

CBAN Stock  USD 16.14  0.12  0.75%   
Colony Bankcorp financial indicator trend analysis is way more than just evaluating Colony Bankcorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colony Bankcorp is a good investment. Please check the relationship between Colony Bankcorp Depreciation and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colony Bankcorp. 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.
To learn how to invest in Colony Stock, please use our How to Invest in Colony Bankcorp guide.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colony Bankcorp Depreciation account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Colony Bankcorp's Depreciation and Change In Cash is -0.5. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Colony Bankcorp, assuming nothing else is changed. The correlation between historical values of Colony Bankcorp's Depreciation and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Colony Bankcorp are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., Colony Bankcorp's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation

Depreciation indicates how much of Colony Bankcorp value has been used up. For tax purposes Colony Bankcorp can deduct the cost of the tangible assets it purchases as business expenses. However, Colony Bankcorp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Cash

Most indicators from Colony Bankcorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colony Bankcorp 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 Colony Bankcorp. 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.
To learn how to invest in Colony Stock, please use our How to Invest in Colony Bankcorp guide.At this time, Colony Bankcorp's Selling General Administrative is very stable compared to the past year. As of the 22nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.48, while Tax Provision is likely to drop about 4.4 M.
 2021 2022 2024 (projected)
Interest Expense4.4M10.9M49.0M
Depreciation And Amortization3.9M4.4M3.3M

Colony Bankcorp fundamental ratios Correlations

0.90.691.00.780.590.950.070.860.73-0.170.210.830.80.971.00.990.230.260.650.750.750.990.890.57-0.5
0.90.740.90.610.730.88-0.140.860.8-0.16-0.130.80.750.90.90.84-0.120.370.530.810.580.90.970.23-0.41
0.690.740.680.350.860.62-0.540.770.68-0.27-0.310.750.630.780.680.67-0.330.520.540.990.550.710.75-0.02-0.23
1.00.90.680.770.60.950.070.880.76-0.210.190.830.790.971.00.980.210.250.630.750.750.990.890.56-0.49
0.780.610.350.770.220.780.350.450.260.190.560.370.860.670.780.770.580.250.510.390.670.720.570.8-0.37
0.590.730.860.60.220.52-0.750.720.7-0.18-0.560.730.570.730.590.59-0.560.580.470.890.320.630.69-0.19-0.11
0.950.880.620.950.780.520.130.830.71-0.210.240.770.750.90.950.920.230.080.580.70.650.940.870.53-0.68
0.07-0.14-0.540.070.35-0.750.13-0.18-0.250.070.81-0.26-0.08-0.130.070.050.83-0.53-0.11-0.520.170.01-0.110.66-0.25
0.860.860.770.880.450.720.83-0.180.96-0.59-0.170.910.590.890.860.84-0.170.140.570.830.630.910.860.23-0.48
0.730.80.680.760.260.70.71-0.250.96-0.67-0.340.880.450.790.730.7-0.350.070.50.740.520.80.810.04-0.43
-0.17-0.16-0.27-0.210.19-0.18-0.210.07-0.59-0.670.28-0.420.15-0.2-0.16-0.170.290.43-0.1-0.28-0.17-0.26-0.210.080.27
0.21-0.13-0.310.190.56-0.560.240.81-0.17-0.340.28-0.170.160.040.220.250.96-0.260.06-0.310.280.15-0.140.85-0.3
0.830.80.750.830.370.730.77-0.260.910.88-0.42-0.170.60.920.830.84-0.170.220.780.820.70.880.820.18-0.56
0.80.750.630.790.860.570.75-0.080.590.450.150.160.60.80.80.790.170.540.750.670.770.770.720.48-0.33
0.970.90.780.970.670.730.9-0.130.890.79-0.20.040.920.80.970.970.050.360.730.840.760.980.890.42-0.49
1.00.90.681.00.780.590.950.070.860.73-0.160.220.830.80.970.990.230.260.650.750.750.990.880.57-0.5
0.990.840.670.980.770.590.920.050.840.7-0.170.250.840.790.970.990.270.270.680.730.760.990.820.62-0.51
0.23-0.12-0.330.210.58-0.560.230.83-0.17-0.350.290.96-0.170.170.050.230.27-0.270.07-0.320.30.16-0.10.88-0.21
0.260.370.520.250.250.580.08-0.530.140.070.43-0.260.220.540.360.260.27-0.270.310.480.260.230.27-0.10.37
0.650.530.540.630.510.470.58-0.110.570.5-0.10.060.780.750.730.650.680.070.310.580.850.670.570.32-0.54
0.750.810.990.750.390.890.7-0.520.830.74-0.28-0.310.820.670.840.750.73-0.320.480.580.550.770.810.02-0.32
0.750.580.550.750.670.320.650.170.630.52-0.170.280.70.770.760.750.760.30.260.850.550.750.640.54-0.39
0.990.90.710.990.720.630.940.010.910.8-0.260.150.880.770.980.990.990.160.230.670.770.750.890.52-0.53
0.890.970.750.890.570.690.87-0.110.860.81-0.21-0.140.820.720.890.880.82-0.10.270.570.810.640.890.22-0.44
0.570.23-0.020.560.8-0.190.530.660.230.040.080.850.180.480.420.570.620.88-0.10.320.020.540.520.22-0.31
-0.5-0.41-0.23-0.49-0.37-0.11-0.68-0.25-0.48-0.430.27-0.3-0.56-0.33-0.49-0.5-0.51-0.210.37-0.54-0.32-0.39-0.53-0.44-0.31
Click cells to compare fundamentals

Colony Bankcorp Account Relationship Matchups

Colony Bankcorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.7B2.9B3.1B3.2B
Short Long Term Debt Total91.1M149.9M88.4M203.4M238.4M250.4M
Total Current Liabilities14.5M669.6M5.3M1.8B1.8B1.9B
Total Stockholder Equity130.5M144.5M217.7M230.3M254.9M267.7M
Property Plant And Equipment Net32.5M32.1M43.0M41.6M41.4M26.8M
Net Debt(16.7M)(123.2M)(108.8M)182.8M213.1M223.8M
Retained Earnings77.0M85.0M99.2M111.6M124.4M130.6M
Cash102.5M183.5M197.2M20.6M25.3M24.1M
Non Current Assets Total402.9M434.7M1.1B1.0B3.0B3.1B
Non Currrent Assets Other(3.0M)(134K)(3.6M)(28.2M)2.0B2.1B
Other Assets662.6M764.9M489.7M1.5B10.4M9.9M
Cash And Short Term Investments449.8M564.3M1.1B453.1M83.3M79.2M
Common Stock Shares Outstanding9.1M9.5M11.3M17.2M17.6M9.1M
Liabilities And Stockholders Equity1.5B1.8B2.7B2.9B3.1B3.2B
Other Stockholder Equity43.7M43.2M111.0M167.5M168.6M177.0M
Total Liab1.4B1.6B2.5B2.7B2.8B2.9B
Property Plant And Equipment Gross32.5M32.1M71.4M72.2M72.4M76.0M
Total Current Assets449.8M564.3M1.1B453.1M83.3M79.2M
Accumulated Other Comprehensive Income362K6.8M(6.2M)(66.4M)(55.6M)(52.9M)
Short Term Debt4M5M5.3M120.4M70.6M35.8M
Non Current Liabilities Total85.8M60.3M88.4M2.7B2.8B2.9B
Other Liab4.7M6.9M10.3M10.1M11.6M5.8M
Accounts Payable1.3B1.4B2.4B2.5B2.9B3.0B
Long Term Debt85.8M167.1M88.4M203.4M238.4M250.4M
Short Term Investments347.3M380.8M948.0M432.6M407.4M284.2M
Inventory1.3M1.0M281K651K585.9K556.6K
Property Plant Equipment32.5M32.6M43.0M41.6M47.8M29.3M
Good Will16.5M16.0M52.9M48.9M56.3M59.1M
Other Current Assets105.4M184.5M197.5M81.3M96.9M92.0M
Intangible Assets19.5M2.3M8.7M5.7M4.2M2.9M
Other Current Liab10.5M664.6M(5.3M)1.7B1.8B1.9B
Net Tangible Assets111.0M126.2M156.1M175.7M202.0M112.3M
Retained Earnings Total Equity77.0M85.0M99.2M111.6M128.3M134.7M
Long Term Debt Total85.8M144.6M36.8M78.4M90.1M65.7M
Capital Surpluse43.7M43.2M111.0M167.5M192.7M202.3M
Long Term Investments1.3B384.1M952.2M912.2M873.3M922.3M
Non Current Liabilities Other5.3M29.9M62.6M137.0M157.5M165.4M

Pair Trading with Colony Bankcorp

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 Colony Bankcorp 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 Colony Bankcorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Colony Stock

  0.97AX Axos FinancialPairCorr
  0.97BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.97PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Colony Stock

  0.69CFG-PE Citizens FinancialPairCorr
  0.62TFC-PR Truist FinancialPairCorr
  0.58TFC-PO Truist FinancialPairCorr
  0.4WF Woori Financial GroupPairCorr
  0.34NU Nu HoldingsPairCorr
The ability to find closely correlated positions to Colony Bankcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colony Bankcorp 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 Colony Bankcorp - 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 Colony Bankcorp to buy it.
The correlation of Colony Bankcorp 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 Colony Bankcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colony Bankcorp 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 Colony Bankcorp 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 Colony Bankcorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Colony Bankcorp'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 Colony Bankcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Colony Bankcorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colony Bankcorp. 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.
To learn how to invest in Colony Stock, please use our How to Invest in Colony Bankcorp guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Colony Bankcorp. If investors know Colony 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 Colony Bankcorp 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
(0.03)
Dividend Share
0.448
Earnings Share
1.26
Revenue Per Share
6.202
Quarterly Revenue Growth
(0.02)
The market value of Colony Bankcorp is measured differently than its book value, which is the value of Colony that is recorded on the company's balance sheet. Investors also form their own opinion of Colony Bankcorp's value that differs from its market value or its book value, called intrinsic value, which is Colony Bankcorp'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 Colony Bankcorp's market value can be influenced by many factors that don't directly affect Colony Bankcorp'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 Colony Bankcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colony Bankcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colony Bankcorp'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.