Commerzbank Total Current Liabilities vs Other Current Assets Analysis

0RLW Stock   18.29  0.22  1.19%   
Commerzbank financial indicator trend analysis is way more than just evaluating Commerzbank AG prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commerzbank AG is a good investment. Please check the relationship between Commerzbank Total Current Liabilities and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerzbank AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Other Current Assets

Total Current Liabilities vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerzbank AG Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Commerzbank's Total Current Liabilities and Other Current Assets is -0.55. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Commerzbank AG, assuming nothing else is changed. The correlation between historical values of Commerzbank's Total Current Liabilities 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 Total Current Liabilities of Commerzbank AG 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 Total Current Liabilities i.e., Commerzbank's Total Current Liabilities and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Commerzbank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Commerzbank AG are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Commerzbank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerzbank AG 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 Commerzbank AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 314.4 M in 2025. Discontinued Operations is likely to gain to about 36.2 M in 2025
 2019 2020 2024 2025 (projected)
Net Interest Income5.1B5.0B5.7B5.1B
Tax Provision421M264M303.6M314.4M

Commerzbank fundamental ratios Correlations

-0.6-0.770.870.56-0.70.85-0.820.41.0-0.87-0.590.480.83-0.750.87-0.60.910.93-0.72-0.67-0.53
-0.60.93-0.48-0.450.95-0.850.53-0.41-0.580.610.95-0.44-0.680.61-0.790.77-0.72-0.710.530.680.73
-0.770.93-0.62-0.50.9-0.860.66-0.42-0.760.770.94-0.4-0.810.69-0.860.71-0.79-0.810.610.70.69
0.87-0.48-0.620.64-0.640.69-0.90.450.88-0.75-0.380.450.86-0.830.66-0.530.920.9-0.8-0.8-0.54
0.56-0.45-0.50.64-0.670.57-0.790.970.56-0.58-0.30.790.75-0.850.55-0.660.720.74-0.87-0.66-0.56
-0.70.950.9-0.64-0.67-0.870.72-0.61-0.680.730.85-0.66-0.820.81-0.820.86-0.84-0.840.760.780.78
0.85-0.85-0.860.690.57-0.87-0.640.50.84-0.69-0.810.480.7-0.640.91-0.760.90.87-0.6-0.7-0.67
-0.820.530.66-0.9-0.790.72-0.64-0.63-0.830.810.39-0.67-0.970.96-0.720.57-0.84-0.910.950.70.51
0.4-0.41-0.420.450.97-0.610.5-0.630.4-0.45-0.270.770.6-0.730.46-0.650.590.6-0.76-0.56-0.52
1.0-0.58-0.760.880.56-0.680.84-0.830.4-0.87-0.570.490.84-0.760.86-0.580.910.93-0.73-0.66-0.51
-0.870.610.77-0.75-0.580.73-0.690.81-0.45-0.870.62-0.68-0.880.84-0.760.7-0.81-0.840.810.710.63
-0.590.950.94-0.38-0.30.85-0.810.39-0.27-0.570.62-0.29-0.590.47-0.750.7-0.63-0.620.380.60.68
0.48-0.44-0.40.450.79-0.660.48-0.670.770.49-0.68-0.290.66-0.790.53-0.70.570.63-0.85-0.49-0.55
0.83-0.68-0.810.860.75-0.820.7-0.970.60.84-0.88-0.590.66-0.960.78-0.660.860.92-0.93-0.75-0.61
-0.750.610.69-0.83-0.850.81-0.640.96-0.73-0.760.840.47-0.79-0.96-0.70.71-0.83-0.890.990.760.63
0.87-0.79-0.860.660.55-0.820.91-0.720.460.86-0.76-0.750.530.78-0.7-0.740.810.91-0.68-0.55-0.43
-0.60.770.71-0.53-0.660.86-0.760.57-0.65-0.580.70.7-0.7-0.660.71-0.74-0.76-0.760.70.790.62
0.91-0.72-0.790.920.72-0.840.9-0.840.590.91-0.81-0.630.570.86-0.830.81-0.760.95-0.8-0.88-0.72
0.93-0.71-0.810.90.74-0.840.87-0.910.60.93-0.84-0.620.630.92-0.890.91-0.760.95-0.87-0.77-0.56
-0.720.530.61-0.8-0.870.76-0.60.95-0.76-0.730.810.38-0.85-0.930.99-0.680.7-0.8-0.870.720.56
-0.670.680.7-0.8-0.660.78-0.70.7-0.56-0.660.710.6-0.49-0.750.76-0.550.79-0.88-0.770.720.8
-0.530.730.69-0.54-0.560.78-0.670.51-0.52-0.510.630.68-0.55-0.610.63-0.430.62-0.72-0.560.560.8
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Commerzbank Account Relationship Matchups

Commerzbank fundamental ratios Accounts

202020212022202320242025 (projected)
Retained Earnings10.0B12.6B15.0B16.5B18.9B13.6B
Other Assets264.7B263.2B270.4B273.0B313.9B209.1B
Other Stockholder Equity17.9B13.6B12.6B12.3B14.1B11.5B
Property Plant Equipment3.5B3.2B2.9B2.4B2.8B2.7B
Other Current Liab10.6B2.9B2.7B2.3B2.0B1.9B
Total Current Liabilities385.5B428.8B388.7B398.8B458.7B437.5B
Other Liab4.2B4.7B5.4B4.6B4.1B3.9B
Net Tangible Assets26.2B26.0B27.6B28.7B33.0B29.4B
Accounts Payable328.7B373.8B351.8B373.3B429.3B385.0B
Net Receivables439M130M222M178M160.2M280.3M
Other Current Assets38.9B67.4B41.0B17.6B15.9B15.1B
Total Current Assets124.6B157.7B114.2B133.8B120.5B108.1B

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