Chemung Historical Balance Sheet

CHMG Stock  USD 47.32  0.46  0.96%   
Trend analysis of Chemung Financial Corp balance sheet accounts such as Total Stockholder Equity of 123.7 M, Property Plant And Equipment Net of 22.6 M or Net Debt of 75.1 M provides information on Chemung Financial's total assets, liabilities, and equity, which is the actual value of Chemung Financial Corp to its prevalent stockholders. By breaking down trends over time using Chemung Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Chemung Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Chemung Financial Corp is a good buy for the upcoming year.

Chemung Financial Inventory

(55.36 Million)

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung 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 population.

About Chemung Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Chemung Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Chemung Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chemung Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Chemung currently owns. An asset can also be divided into two categories, current and non-current.

Chemung Financial Balance Sheet Chart

At this time, Chemung Financial's Net Debt is most likely to increase significantly in the upcoming years. The Chemung Financial's current Retained Earnings is estimated to increase to about 260.1 M, while Non Current Assets Total are projected to decrease to roughly 20.7 M.

Total Assets

Total assets refers to the total amount of Chemung Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chemung Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most accounts from Chemung Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Chemung Financial Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Chemung 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 population.
At this time, Chemung Financial's Net Debt is most likely to increase significantly in the upcoming years. The Chemung Financial's current Retained Earnings is estimated to increase to about 260.1 M, while Non Current Assets Total are projected to decrease to roughly 20.7 M.
 2022 2023 2024 2025 (projected)
Total Stockholder Equity166.4M195.2M215.3M123.7M
Total Assets2.6B2.7B2.8B2.9B

Chemung Financial balance sheet Correlations

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0.60.2-0.110.430.69-0.06-0.290.720.640.350.75-0.190.190.60.8-0.2-0.19-0.09-0.390.52-0.09-0.18-0.030.350.77
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Chemung Financial Account Relationship Matchups

Chemung Financial balance sheet Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.4B2.6B2.7B2.8B2.9B
Total Stockholder Equity199.7M211.5M166.4M195.2M215.3M123.7M
Property Plant And Equipment Net27.3M25.5M22.6M20.2M21.8M22.6M
Net Debt(97.4M)(1.1M)145.7M4.0M71.5M75.1M
Retained Earnings168.0M188.9M211.9M229.9M247.7M260.1M
Cash108.5M27.0M55.9M36.8M47.0M49.6M
Non Current Assets Total609.0M846.1M682.2M2.7B21.8M20.7M
Non Currrent Assets Other(609.0M)(846.1M)(682.2M)2.0B1.8B1.9B
Other Assets964.2M709.8M1.2B(585.2M)2.2B2.3B
Cash And Short Term Investments663.1M819.0M688.5M630.2M591.6M621.2M
Net Receivables33.5M43.1M43.8M89.5M102.9M108.0M
Common Stock Shares Outstanding4.8M4.7M4.7M4.7M4.8M4.7M
Liabilities And Stockholders Equity2.3B2.4B2.6B2.7B2.8B2.9B
Other Stockholder Equity29.2M29.1M29.7M31.3M215.3M226.1M
Total Liab2.1B2.2B2.5B2.5B2.6B2.7B
Property Plant And Equipment Gross27.3M25.5M22.6M94.0M92.8M97.4M
Total Current Assets706.2M862.8M777.9M630.2M591.6M578.9M
Other Current Assets115.0M33.1M64.7M45.0M51.7M49.1M
Accumulated Other Comprehensive Income2.4M(6.5M)(75.3M)(66.0M)(59.4M)(56.4M)
Short Long Term Debt Total11.1M25.9M201.6M40.8M118.5M124.4M
Non Current Liabilities Total11.1M25.9M142.0M2.5B9.4M8.9M
Other Current Liab(60.4M)(29.7M)(113.8M)(15.1M)(109.1M)(103.7M)
Total Current Liabilities30.9M40.6M142.0M1.9B109.1M110.2M
Accounts Payable30.9M15.1M18.0M19.6M22.6M23.7M
Short Term Debt1.3M14.6M95.8M33.2M109.1M114.6M
Intangible Assets1.4M742K258K15K13.5K12.8K
Short Term Investments554.6M792.0M632.6M584.0M544.6M517.4M
Other Liab12.5M14.3M14.7M16.7M19.2M15.9M
Long Term Debt4.1M3.8M18.2M99.1M89.2M93.7M
Inventory(127.1M)(115.0M)(33.1M)(64.7M)(58.3M)(55.4M)
Treasury Stock(12.6M)(11.7M)(17.5M)(17.8M)(20.5M)(21.5M)
Property Plant Equipment22.4M27.3M25.5M22.6M25.9M28.7M
Net Tangible Assets160.1M177.6M189.6M144.6M166.2M145.7M
Retained Earnings Total Equity153.7M168.0M188.9M211.9M243.6M153.1M
Capital Surpluse46.4M46.8M46.9M47.3M54.4M50.6M
Long Term Investments559.6M798.8M637.8M587.8M535.5M781.4M

Currently Active Assets on Macroaxis

When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung 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 population.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 Chemung Financial. If investors know Chemung 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 Chemung 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
0.545
Dividend Share
1.24
Earnings Share
4.96
Revenue Per Share
20.406
Quarterly Revenue Growth
0.18
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung 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 Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung 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 Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung 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.