Community Cash vs Other Current Assets Analysis
CWBC Stock | USD 21.96 0.08 0.36% |
Community West financial indicator trend analysis is way more than just evaluating Community West Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community West Bancshares is a good investment. Please check the relationship between Community West Cash and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community West 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 bureau of labor statistics.
Cash vs Other Current Assets
Cash vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community West Bancshares Cash account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Community West's Cash and Other Current Assets is 0.09. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Community West Bancshares, assuming nothing else is changed. The correlation between historical values of Community West's Cash and Other 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 Cash of Community West Bancshares are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Community West's Cash and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Community West Bancshares, which is listed under current asset account on Community West Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Community West customers. The amounts must be unrestricted with restricted cash listed in a different Community West account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Community West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community West 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 Community West 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 bureau of labor statistics. The current year's Enterprise Value is expected to grow to about 324.6 M, whereas Selling General Administrative is forecasted to decline to about 16.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 3.3M | 20.0M | 21.0M | Depreciation And Amortization | 1.6M | 1.3M | 9.9M | 10.4M |
Community West fundamental ratios Correlations
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Community West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community West fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 913.9M | 975.4M | 1.2B | 1.1B | 2.4B | 2.6B | |
Other Current Liab | 399.6M | 722.9M | 800.9M | (32.6M) | 1.8B | 1.9B | |
Total Current Liabilities | 450.6M | 738.8M | 801.8M | 760.7M | 1.9B | 2.0B | |
Total Stockholder Equity | 82.0M | 89.0M | 101.4M | 112.7M | 207.1M | 217.4M | |
Property Plant And Equipment Net | 7.7M | 7.2M | 6.6M | 6.1M | 22.4M | 23.5M | |
Net Debt | (17.7M) | 44.5M | (118.4M) | 25.3M | 105.1M | 110.4M | |
Retained Earnings | 39.5M | 46.1M | 56.9M | 67.7M | 210.5M | 221.1M | |
Accounts Payable | 19.8M | 31.2M | 40.0M | 32.6M | 37.5M | 35.6M | |
Cash | 82.7M | 60.5M | 208.4M | 64.7M | 53.7M | 37.5M | |
Non Current Assets Total | 33.2M | 29.2M | 29.3M | 35.6M | 2.4B | 2.5B | |
Non Currrent Assets Other | (33.2M) | (29.2M) | (8.6M) | (8.5M) | 1.3B | 1.4B | |
Cash And Short Term Investments | 101.9M | 77.8M | 228.1M | 64.7M | 69.0M | 46.3M | |
Common Stock Shares Outstanding | 8.5M | 8.5M | 8.5M | 11.7M | 11.8M | 7.6M | |
Liabilities And Stockholders Equity | 913.9M | 975.4M | 1.2B | 1.1B | 2.4B | 2.6B | |
Other Current Assets | 85.2M | 63.2M | 210.9M | 66.9M | 64.6M | 61.4M | |
Other Stockholder Equity | 11.5M | (42.6M) | (42.9M) | (44.4M) | (40.0M) | (38.0M) | |
Total Liab | 65M | 105M | 90M | 978.9M | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 7.7M | 7.2M | 19.7M | 20.0M | 31.7M | 33.3M | |
Total Current Assets | 101.9M | 77.8M | 228.1M | 91.4M | 64.6M | 61.4M | |
Other Assets | 778.7M | 868.4M | 899.6M | 964.6M | (4.4M) | (4.2M) | |
Net Receivables | 32.1M | 29.2M | 32.7M | 76.9M | 88.4M | 84.0M | |
Short Long Term Debt Total | 116.0M | 121.0M | 90.9M | 90M | 158.9M | 166.8M | |
Common Stock Total Equity | 43.0M | 42.6M | 42.9M | 44.4M | 51.1M | 40.6M | |
Non Current Liabilities Total | 65M | 105M | 90M | 978.9M | 319.9M | 335.8M | |
Common Stock | 42.6M | 42.9M | 44.4M | 45.7M | 62.6M | 41.1M | |
Other Liab | 9.6M | 8.3M | 15.5M | 13.8M | 15.8M | 16.6M | |
Long Term Debt | 75M | 65M | 105M | 90M | 69.7M | 61.2M | |
Short Term Investments | 19.3M | 17.3M | 19.7M | 26.7M | 15.2M | 21.2M | |
Inventory | (117.3M) | (92.3M) | (243.6M) | (117.1M) | (105.4M) | (100.1M) | |
Intangible Assets | (25.7M) | 1.2M | 1.6M | 1.5M | 1.3M | 1.4M | |
Property Plant Equipment | 6.4M | 7.7M | 13.1M | 6.6M | 7.6M | 4.4M | |
Short Term Debt | 51.0M | 16.0M | 887K | 1.0M | 80M | 84M | |
Net Tangible Assets | 82.0M | 89.0M | 101.4M | 112.7M | 129.5M | 77.3M | |
Retained Earnings Total Equity | 33.3M | 39.5M | 46.1M | 56.9M | 65.4M | 68.6M | |
Long Term Debt Total | 75M | 65M | 105M | 90M | 103.5M | 56.0M | |
Long Term Investments | 25.6M | 22.0M | 22.8M | 29.5M | 906.3M | 951.6M | |
Non Current Liabilities Other | 10.1M | 16.0M | 15.2M | 15.5M | 14.0M | 11.5M |
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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 Community West Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community West'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 Community West Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community West Bancshares Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community West 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 bureau of labor statistics. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 Community West. If investors know Community 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 Community West 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 (0.67) | Dividend Share 0.48 | Earnings Share 0.55 | Revenue Per Share 6.221 | Quarterly Revenue Growth 0.452 |
The market value of Community West Bancshares is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community West's value that differs from its market value or its book value, called intrinsic value, which is Community West'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 Community West's market value can be influenced by many factors that don't directly affect Community West'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 Community West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community West'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.