Coastal Other Non Cash Items vs Depreciation Analysis

CCB Stock  USD 84.22  0.59  0.70%   
Coastal Financial financial indicator trend analysis is way more than just evaluating Coastal Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coastal Financial Corp is a good investment. Please check the relationship between Coastal Financial Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coastal Financial Corp Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Coastal Financial's Other Non Cash Items and Depreciation is 0.74. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Coastal Financial Corp, assuming nothing else is changed. The correlation between historical values of Coastal Financial's Other Non Cash Items and Depreciation 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 Non Cash Items of Coastal Financial Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Coastal Financial's Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Non Cash Items

Depreciation

Depreciation indicates how much of Coastal Financial Corp value has been used up. For tax purposes Coastal Financial can deduct the cost of the tangible assets it purchases as business expenses. However, Coastal Financial Corp 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.
Most indicators from Coastal Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coastal Financial Corp 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 Coastal Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Coastal Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 14.7 M, whereas Enterprise Value is forecasted to decline to about 178.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit213.6M330.4M379.9M398.9M
Total Revenue213.6M330.4M379.9M398.9M

Coastal Financial fundamental ratios Correlations

0.851.00.960.990.83-0.790.99-0.510.870.860.840.00.760.91-0.450.860.85-0.910.930.181.00.180.930.870.7
0.850.850.850.780.6-0.510.89-0.270.631.01.0-0.520.520.68-0.250.841.0-0.970.73-0.30.850.070.710.60.39
1.00.850.960.990.84-0.780.99-0.530.860.860.84-0.010.750.9-0.470.850.85-0.910.920.210.990.170.920.890.73
0.960.850.960.940.73-0.670.97-0.410.760.860.85-0.050.740.82-0.360.940.85-0.890.850.080.960.040.840.810.57
0.990.780.990.940.87-0.810.97-0.570.880.780.770.120.770.92-0.50.810.77-0.850.920.330.990.20.930.920.78
0.830.60.840.730.87-0.730.81-0.710.770.60.580.220.720.8-0.670.570.59-0.710.780.420.830.370.80.940.92
-0.79-0.51-0.78-0.67-0.81-0.73-0.740.5-0.98-0.52-0.5-0.23-0.83-0.960.41-0.5-0.510.68-0.94-0.42-0.79-0.04-0.95-0.82-0.76
0.990.890.990.970.970.81-0.74-0.490.830.90.88-0.080.730.88-0.420.880.89-0.930.90.120.990.160.890.850.67
-0.51-0.27-0.53-0.41-0.57-0.710.5-0.49-0.54-0.28-0.25-0.28-0.63-0.570.74-0.18-0.270.35-0.44-0.46-0.51-0.27-0.56-0.61-0.8
0.870.630.860.760.880.77-0.980.83-0.540.640.620.140.831.0-0.450.60.63-0.760.970.350.870.070.990.840.78
0.861.00.860.860.780.6-0.520.9-0.280.641.0-0.510.540.69-0.260.851.0-0.970.74-0.30.860.050.720.610.41
0.841.00.840.850.770.58-0.50.88-0.250.621.0-0.530.520.67-0.240.851.0-0.960.73-0.320.840.040.70.590.38
0.0-0.52-0.01-0.050.120.22-0.23-0.08-0.280.14-0.51-0.530.160.12-0.22-0.19-0.520.380.070.860.00.270.10.260.35
0.760.520.750.740.770.72-0.830.73-0.630.830.540.520.160.85-0.440.580.53-0.670.780.30.76-0.190.850.840.7
0.910.680.90.820.920.8-0.960.88-0.571.00.690.670.120.85-0.470.660.68-0.80.980.330.910.071.00.860.78
-0.45-0.25-0.47-0.36-0.5-0.670.41-0.420.74-0.45-0.26-0.24-0.22-0.44-0.47-0.34-0.250.31-0.36-0.35-0.45-0.21-0.47-0.55-0.77
0.860.840.850.940.810.57-0.50.88-0.180.60.850.85-0.190.580.66-0.340.84-0.840.71-0.120.86-0.090.690.650.4
0.851.00.850.850.770.59-0.510.89-0.270.631.01.0-0.520.530.68-0.250.84-0.970.74-0.310.850.050.710.60.39
-0.91-0.97-0.91-0.89-0.85-0.710.68-0.930.35-0.76-0.97-0.960.38-0.67-0.80.31-0.84-0.97-0.840.15-0.91-0.05-0.82-0.73-0.52
0.930.730.920.850.920.78-0.940.9-0.440.970.740.730.070.780.98-0.360.710.74-0.840.250.930.10.980.840.73
0.18-0.30.210.080.330.42-0.420.12-0.460.35-0.3-0.320.860.30.33-0.35-0.12-0.310.150.250.180.290.310.490.58
1.00.850.990.960.990.83-0.790.99-0.510.870.860.840.00.760.91-0.450.860.85-0.910.930.180.180.930.870.7
0.180.070.170.040.20.37-0.040.16-0.270.070.050.040.27-0.190.07-0.21-0.090.05-0.050.10.290.180.070.20.24
0.930.710.920.840.930.8-0.950.89-0.560.990.720.70.10.851.0-0.470.690.71-0.820.980.310.930.070.870.78
0.870.60.890.810.920.94-0.820.85-0.610.840.610.590.260.840.86-0.550.650.6-0.730.840.490.870.20.870.86
0.70.390.730.570.780.92-0.760.67-0.80.780.410.380.350.70.78-0.770.40.39-0.520.730.580.70.240.780.86
Click cells to compare fundamentals

Coastal Financial Account Relationship Matchups

Coastal Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.6B3.1B3.8B4.3B4.5B
Total Current Liabilities154.2M357K21.1M3.3B3.8B4.0B
Total Stockholder Equity140.2M201.2M243.5M295.0M339.2M356.2M
Other Liab3.8M4.5M11.0M29.9M34.4M36.2M
Net Tangible Assets124.2M140.2M201.2M243.5M280.0M294.0M
Property Plant And Equipment Net24.2M23.3M23.2M28.0M32.2M19.3M
Net Debt(117.2M)(754.0M)(289.3M)(429.3M)(386.3M)(367.0M)
Retained Earnings52.4M79.4M120.0M165.3M190.1M199.6M
Accounts Payable531K2.2M21.1M34.5M31.1M29.5M
Cash163.1M813.2M342.1M483.1M555.6M583.4M
Non Current Assets Total53.5M68.4M132.1M3.2B3.6B3.8B
Non Currrent Assets Other(53.5M)(68.4M)(18.6M)3.0B3.4B3.6B
Other Assets1.5B1.7B2.5B(27.3M)(31.4M)(29.9M)
Long Term Debt13.6M52.9M47.6M47.7M54.9M34.1M
Cash And Short Term Investments183.5M848.5M439.5M582.6M670.0M703.5M
Common Stock Shares Outstanding12.2M12.5M13.5M13.6M12.3M11.5M
Short Term Investments20.4M35.3M97.3M99.5M114.4M120.2M
Non Current Liabilities Total45.9M59.2M21.1M3.5B4.0B4.2B
Inventory(171.7M)(821.3M)(423.7M)(2.9B)(2.6B)(2.5B)
Other Current Assets171.7M821.3M423.7M627.0M721.0M757.0M
Other Stockholder Equity87.8M121.8M125.8M(1.0)(1.15)(1.09)
Total Liab1.6B2.4B2.9B3.5B4.0B4.2B
Long Term Investments1.6B45.1M108.9M160.6M184.7M227.7M
Total Current Assets192.1M856.6M467.7M627.0M721.0M757.0M
Common Stock87.8M121.8M125.8M130.1M149.7M91.9M
Property Plant Equipment21.6M17.1M23.3M18.2M20.9M16.6M
Short Term Debt153.7M6.3M5.2M977K879.3K835.3K
Short Long Term Debt Total167.3M59.2M52.8M53.9M61.9M67.1M
Other Current Liab(154.2M)(2.2M)(21.1M)3.2B3.7B3.9B
Net Receivables8.6M8.1M28.2M35.9M41.3M43.4M
Common Stock Total Equity87.0M87.8M121.8M125.8M144.7M96.4M
Long Term Debt Total13.6M13.6M27.9M47.6M54.7M57.5M
Liabilities And Stockholders Equity1.8B2.6B3.1B3.8B4.3B4.5B
Property Plant And Equipment Gross24.2M23.3M23.2M40.2M46.2M23.6M
Accumulated Other Comprehensive Income34K4K(2.3M)(469K)(539.4K)(566.3K)
Intangible Assets350K298K269K183K164.7K285.0K
Net Invested Capital178.8M254.1M291.1M342.7M394.1M228.9M
Retained Earnings Total Equity37.2M52.4M79.4M120.0M138.0M144.9M

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When determining whether Coastal Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coastal Financial'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 Coastal Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coastal Financial Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Coastal Financial. If investors know Coastal 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 Coastal Financial 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
0.293
Earnings Share
2.96
Revenue Per Share
21.247
Quarterly Revenue Growth
0.179
Return On Assets
0.0106
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial'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 Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial'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 Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial'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.