Community Net Tangible Assets vs Net Invested Capital Analysis

CBU Stock

USD 69.23 0.37 0.53%

Community Bank financial indicator trend analysis is way more than just evaluating Community Bank System prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Bank System is a good investment. Please check the relationship between Community Bank Net Tangible Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Bank System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Bank System Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Community Bank's Net Tangible Assets and Net Invested Capital is -0.23. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Community Bank System, assuming nothing else is changed. The correlation between historical values of Community Bank's Net Tangible Assets and Net Invested Capital 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 Tangible Assets of Community Bank System are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Community Bank's Net Tangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Community Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Bank System 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 Community Bank System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Community Bank's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 45.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 768.5 K in 2024.

	2021	2022	2023	2024 (projected)
EBIT	241.9M	242.7M	167.4M	128.0M
Operating Income	241.3M	278.6M	227.1M	131.6M

Ebit Operating Income

Community Bank fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Common Stock Shares Outstanding		0.71	0.33	-0.08	0.8	0.74	-0.1	0.67	0.38	0.23	-0.01	0.65	0.57	-0.08	-0.1	0.74	0.69	0.5	0.62	0.13	-0.16	-0.12	0.97	0.98	0.2	0.59
Total Assets	0.71		0.38	0.38	0.9	0.97	-0.11	0.99	0.45	0.75	0.58	0.41	0.92	0.39	-0.32	0.95	1.0	0.93	0.4	0.01	0.28	-0.21	0.8	0.79	-0.31	0.18
Short Long Term Debt Total	0.33	0.38		0.14	0.13	0.28	0.66	0.35	-0.1	0.14	-0.02	0.15	0.51	0.12	0.0	0.26	0.41	0.38	0.13	0.75	-0.01	0.2	0.31	0.33	-0.2	0.49
Total Current Liabilities	-0.08	0.38	0.14		0.13	0.36	0.19	0.43	-0.13	0.79	0.79	-0.62	0.6	1.0	-0.02	0.24	0.41	0.52	-0.62	0.0	0.99	0.42	0.11	0.03	-0.52	-0.46
Total Stockholder Equity	0.8	0.9	0.13	0.13		0.93	-0.35	0.88	0.57	0.53	0.37	0.58	0.71	0.15	-0.31	0.96	0.88	0.73	0.58	-0.16	0.07	-0.24	0.84	0.86	-0.05	0.35
Property Plant And Equipment Net	0.74	0.97	0.28	0.36	0.93		-0.14	0.97	0.4	0.72	0.54	0.38	0.88	0.38	-0.31	0.94	0.96	0.86	0.37	-0.07	0.28	-0.19	0.83	0.83	-0.22	0.22
Net Debt	-0.1	-0.11	0.66	0.19	-0.35	-0.14		-0.07	-0.81	0.05	-0.03	-0.44	0.18	0.16	-0.2	-0.18	-0.08	-0.05	-0.46	0.35	0.1	0.13	-0.07	-0.08	-0.29	0.08
Retained Earnings	0.67	0.99	0.35	0.43	0.88	0.97	-0.07		0.37	0.8	0.65	0.32	0.92	0.44	-0.4	0.95	0.99	0.94	0.32	-0.06	0.33	-0.23	0.77	0.76	-0.38	0.13
Cash	0.38	0.45	-0.1	-0.13	0.57	0.4	-0.81	0.37		0.05	0.02	0.71	0.16	-0.12	0.27	0.44	0.42	0.36	0.72	0.12	-0.14	-0.01	0.34	0.37	0.24	0.27
Non Current Assets Total	0.23	0.75	0.14	0.79	0.53	0.72	0.05	0.8	0.05		0.92	-0.25	0.85	0.81	-0.37	0.64	0.77	0.84	-0.24	-0.2	0.75	-0.15	0.43	0.36	-0.57	-0.44
Non Currrent Assets Other	-0.01	0.58	-0.02	0.79	0.37	0.54	-0.03	0.65	0.02	0.92		-0.39	0.65	0.8	-0.42	0.51	0.6	0.71	-0.37	-0.34	0.77	-0.15	0.18	0.1	-0.68	-0.56
Cash And Short Term Investments	0.65	0.41	0.15	-0.62	0.58	0.38	-0.44	0.32	0.71	-0.25	-0.39		0.09	-0.61	0.05	0.46	0.37	0.23	1.0	0.18	-0.67	-0.31	0.52	0.6	0.37	0.66
Net Receivables	0.57	0.92	0.51	0.6	0.71	0.88	0.18	0.92	0.16	0.85	0.65	0.09		0.6	-0.33	0.81	0.93	0.88	0.08	0.11	0.5	-0.09	0.7	0.67	-0.39	0.04
Non Current Liabilities Total	-0.08	0.39	0.12	1.0	0.15	0.38	0.16	0.44	-0.12	0.81	0.8	-0.61	0.6		-0.03	0.25	0.42	0.53	-0.61	-0.03	0.99	0.4	0.12	0.04	-0.52	-0.48
Other Current Assets	-0.1	-0.32	0.0	-0.02	-0.31	-0.31	-0.2	-0.4	0.27	-0.37	-0.42	0.05	-0.33	-0.03		-0.46	-0.32	-0.32	0.03	0.58	0.02	0.62	-0.15	-0.12	0.55	0.12
Other Stockholder Equity	0.74	0.95	0.26	0.24	0.96	0.94	-0.18	0.95	0.44	0.64	0.51	0.46	0.81	0.25	-0.46		0.93	0.83	0.47	-0.17	0.15	-0.28	0.8	0.8	-0.29	0.29
Total Liab	0.69	1.0	0.41	0.41	0.88	0.96	-0.08	0.99	0.42	0.77	0.6	0.37	0.93	0.42	-0.32	0.93		0.95	0.37	0.03	0.31	-0.2	0.78	0.77	-0.34	0.16
Property Plant And Equipment Gross	0.5	0.93	0.38	0.52	0.73	0.86	-0.05	0.94	0.36	0.84	0.71	0.23	0.88	0.53	-0.32	0.83	0.95		0.24	0.02	0.42	-0.19	0.61	0.58	-0.52	-0.05
Total Current Assets	0.62	0.4	0.13	-0.62	0.58	0.37	-0.46	0.32	0.72	-0.24	-0.37	1.0	0.08	-0.61	0.03	0.47	0.37	0.24		0.16	-0.67	-0.33	0.49	0.57	0.34	0.64
Short Term Debt	0.13	0.01	0.75	0.0	-0.16	-0.07	0.35	-0.06	0.12	-0.2	-0.34	0.18	0.11	-0.03	0.58	-0.17	0.03	0.02	0.16		-0.08	0.47	0.06	0.1	0.28	0.41
Other Current Liab	-0.16	0.28	-0.01	0.99	0.07	0.28	0.1	0.33	-0.14	0.75	0.77	-0.67	0.5	0.99	0.02	0.15	0.31	0.42	-0.67	-0.08		0.43	0.04	-0.04	-0.45	-0.55
Accounts Payable	-0.12	-0.21	0.2	0.42	-0.24	-0.19	0.13	-0.23	-0.01	-0.15	-0.15	-0.31	-0.09	0.4	0.62	-0.28	-0.2	-0.19	-0.33	0.47	0.43		-0.12	-0.12	0.12	0.21
Common Stock Total Equity	0.97	0.8	0.31	0.11	0.84	0.83	-0.07	0.77	0.34	0.43	0.18	0.52	0.7	0.12	-0.15	0.8	0.78	0.61	0.49	0.06	0.04	-0.12		0.99	0.08	0.43
Common Stock	0.98	0.79	0.33	0.03	0.86	0.83	-0.08	0.76	0.37	0.36	0.1	0.6	0.67	0.04	-0.12	0.8	0.77	0.58	0.57	0.1	-0.04	-0.12	0.99		0.14	0.53
Other Liab	0.2	-0.31	-0.2	-0.52	-0.05	-0.22	-0.29	-0.38	0.24	-0.57	-0.68	0.37	-0.39	-0.52	0.55	-0.29	-0.34	-0.52	0.34	0.28	-0.45	0.12	0.08	0.14		0.34
Other Assets	0.59	0.18	0.49	-0.46	0.35	0.22	0.08	0.13	0.27	-0.44	-0.56	0.66	0.04	-0.48	0.12	0.29	0.16	-0.05	0.64	0.41	-0.55	0.21	0.43	0.53	0.34

Click cells to compare fundamentals

Community Bank Account Relationship Matchups

Community Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	52.2M	53.3M	54.4M	54.2M	53.7M	31.0M
Total Assets	11.4B	13.9B	15.6B	15.8B	15.6B	16.3B
Short Long Term Debt Total	344.9M	371.3M	336.7M	1.9B	460.6M	498.2M
Total Current Liabilities	223.5M	230.7M	210.8M	902.3M	6.1B	6.4B
Total Stockholder Equity	1.9B	2.1B	2.1B	1.6B	1.7B	1.8B
Property Plant And Equipment Net	164.6M	165.7M	160.7M	160.8M	173.4M	182.1M
Net Debt	139.8M	(1.3B)	(1.5B)	1.7B	269.6M	244.1M
Retained Earnings	882.9M	960.2M	1.1B	1.2B	1.2B	1.2B
Cash	205.0M	1.6B	1.9B	209.9M	191.0M	253.9M
Non Current Assets Total	4.1B	4.6B	6.0B	6.3B	15.4B	16.1B
Non Currrent Assets Other	(28.1M)	(32.1M)	(29.3M)	(303.7M)	10.2B	10.7B
Cash And Short Term Investments	3.2B	5.2B	6.8B	4.4B	191.0M	181.4M
Net Receivables	31.6M	39.0M	35.9M	52.6M	54.5M	57.3M
Liabilities And Stockholders Equity	11.4B	13.9B	15.6B	15.8B	15.6B	16.3B
Non Current Liabilities Total	344.9M	371.3M	329.9M	902.3M	7.5B	7.9B
Other Current Assets	237.9M	1.7B	1.9B	263.0M	246.7M	234.4M
Other Stockholder Equity	930.6M	1.0B	1.0B	1.0B	1.0B	1.1B
Total Liab	9.6B	11.8B	13.5B	14.3B	13.9B	14.6B
Property Plant And Equipment Gross	164.6M	165.7M	305.5M	298.2M	308.5M	323.9M
Total Current Assets	3.3B	5.2B	6.8B	4.4B	437.7M	415.8M
Short Term Debt	8.3M	287.7M	333.4M	768.4M	53M	50.4M
Other Current Liab	(223.5M)	(173.8M)	(210.8M)	(902.3M)	6.0B	6.3B
Accounts Payable	215.2M	230.7M	210.8M	133.9M	153.9M	146.2M
Accumulated Other Comprehensive Income	(10.2M)	62.1M	(50.6M)	(686.4M)	(550.0M)	(522.5M)
Common Stock Total Equity	52.0M	53.8M	54.1M	54.2M	62.3M	39.2M
Common Stock	52.0M	53.8M	54.1M	54.2M	54.4M	40.0M
Other Liab	84.9M	110.1M	81.9M	15.7M	18.0M	17.1M
Other Assets	4.0B	4.1B	2.7B	5.1B	(246.7M)	(234.4M)
Long Term Debt	91.1M	80.6M	329.9M	1.1B	407.6M	262.3M
Inventory	(237.9M)	(1.7B)	(1.9B)	(263.0M)	136.4M	143.2M
Treasury Stock	(6.8M)	(6.2M)	(10.6M)	(26.5M)	(30.5M)	(32.0M)
Intangible Assets	63.1M	52.9M	65.2M	61.0M	52.6M	66.1M
Property Plant Equipment	164.6M	165.7M	160.7M	160.8M	184.9M	104.3M
Good Will	773.8M	793.7M	799.1M	841.8M	845.4M	475.4M
Short Term Investments	3.0B	3.5B	4.9B	4.2B	2.9B	2.7B
Net Tangible Assets	1.0B	1.3B	1.2B	661.2M	760.3M	863.5M
Retained Earnings Total Equity	882.9M	960.2M	1.1B	1.2B	1.3B	788.1M
Long Term Debt Total	91.1M	80.6M	3.3M	3.2M	2.9M	2.8M
Capital Surpluse	927.3M	1.0B	1.0B	1.1B	1.2B	772.1M
Long Term Investments	6.8B	7.4B	5.0B	5.3B	4.1B	5.1B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Community Stock Analysis

When running Community Bank's price analysis, check to measure Community Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Community Bank is operating at the current time. Most of Community Bank's value examination focuses on studying past and present price action to predict the probability of Community Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Bank's price. Additionally, you may evaluate how the addition of Community Bank to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC