Chubb Tax Provision vs Extraordinary Items Analysis

CB Stock  USD 285.17  0.06  0.02%   
Chubb financial indicator trend analysis is way more than just evaluating Chubb prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chubb is a good investment. Please check the relationship between Chubb Tax Provision and its Extraordinary Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chubb. 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.
For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.

Tax Provision vs Extraordinary Items

Tax Provision vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chubb Tax Provision account and Extraordinary Items. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chubb's Tax Provision and Extraordinary Items is -0.63. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Chubb, assuming nothing else is changed. The correlation between historical values of Chubb's Tax Provision and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Chubb are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Tax Provision i.e., Chubb's Tax Provision and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Extraordinary Items

Most indicators from Chubb's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chubb 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 Chubb. 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.
For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.At present, Chubb's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 99.7 B, whereas Tax Provision is forecasted to decline to about 895.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit41.0B43.1B50.0B52.5B
Total Revenue41.0B43.1B50.0B52.5B

Chubb fundamental ratios Correlations

0.980.96-0.270.740.071.00.650.05-0.320.260.930.540.860.82-0.23-0.170.910.630.550.660.060.61-0.230.330.77
0.980.91-0.110.830.070.960.730.06-0.250.30.970.60.780.73-0.13-0.10.910.690.660.530.090.65-0.250.320.82
0.960.91-0.40.560.130.960.57-0.1-0.50.090.870.440.920.89-0.18-0.350.840.440.460.73-0.070.58-0.180.330.74
-0.27-0.11-0.40.28-0.37-0.310.310.370.590.36-0.020.26-0.55-0.640.430.56-0.180.20.42-0.720.470.07-0.06-0.170.1
0.740.830.560.28-0.240.720.840.430.140.510.840.750.430.270.020.270.730.940.80.070.450.67-0.210.280.78
0.070.070.13-0.37-0.240.06-0.45-0.89-0.52-0.4-0.05-0.530.180.47-0.08-0.61-0.01-0.17-0.410.49-0.96-0.21-0.06-0.1-0.18
1.00.960.96-0.310.720.060.630.06-0.340.250.920.530.870.83-0.25-0.190.910.610.520.680.060.6-0.220.340.76
0.650.730.570.310.84-0.450.630.40.00.330.810.840.420.180.30.20.60.680.97-0.10.560.7-0.130.280.81
0.050.06-0.10.370.43-0.890.060.40.640.530.140.6-0.13-0.42-0.190.70.170.390.36-0.390.950.230.020.060.19
-0.32-0.25-0.50.590.14-0.52-0.340.00.640.78-0.240.03-0.52-0.59-0.180.96-0.160.140.05-0.430.6-0.10.14-0.06-0.24
0.260.30.090.360.51-0.40.250.330.530.780.280.180.0-0.02-0.250.820.350.480.310.060.530.250.030.160.19
0.930.970.87-0.020.84-0.050.920.810.14-0.240.280.680.750.62-0.01-0.060.910.670.760.40.20.76-0.170.290.92
0.540.60.440.260.75-0.530.530.840.60.030.180.680.380.04-0.030.230.560.60.83-0.180.650.65-0.080.210.73
0.860.780.92-0.550.430.180.870.42-0.13-0.520.00.750.380.85-0.29-0.380.70.350.30.74-0.150.660.150.270.64
0.820.730.89-0.640.270.470.830.18-0.42-0.59-0.020.620.040.85-0.33-0.510.680.210.070.94-0.440.28-0.190.280.42
-0.23-0.13-0.180.430.02-0.08-0.250.3-0.19-0.18-0.25-0.01-0.03-0.29-0.33-0.2-0.30.020.37-0.540.030.1-0.03-0.130.14
-0.17-0.1-0.350.560.27-0.61-0.190.20.70.960.82-0.060.23-0.38-0.51-0.2-0.010.210.25-0.40.70.070.160.05-0.06
0.910.910.84-0.180.73-0.010.910.60.17-0.160.350.910.560.70.68-0.3-0.010.560.550.550.170.54-0.350.260.79
0.630.690.440.20.94-0.170.610.680.390.140.480.670.60.350.210.020.210.560.630.050.370.58-0.170.270.64
0.550.660.460.420.8-0.410.520.970.360.050.310.760.830.30.070.370.250.550.63-0.220.540.7-0.110.230.8
0.660.530.73-0.720.070.490.68-0.1-0.39-0.430.060.4-0.180.740.94-0.54-0.40.550.05-0.22-0.480.1-0.110.220.18
0.060.09-0.070.470.45-0.960.060.560.950.60.530.20.65-0.15-0.440.030.70.170.370.54-0.480.29-0.020.130.29
0.610.650.580.070.67-0.210.60.70.23-0.10.250.760.650.660.280.10.070.540.580.70.10.290.430.190.86
-0.23-0.25-0.18-0.06-0.21-0.06-0.22-0.130.020.140.03-0.17-0.080.15-0.19-0.030.16-0.35-0.17-0.11-0.11-0.020.43-0.08-0.09
0.330.320.33-0.170.28-0.10.340.280.06-0.060.160.290.210.270.28-0.130.050.260.270.230.220.130.19-0.080.23
0.770.820.740.10.78-0.180.760.810.19-0.240.190.920.730.640.420.14-0.060.790.640.80.180.290.86-0.090.23
Click cells to compare fundamentals

Chubb Account Relationship Matchups

Chubb fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets176.9B190.8B200.1B199.1B230.7B242.2B
Total Stockholder Equity55.3B59.4B59.7B50.5B59.5B62.5B
Retained Earnings36.1B39.3B47.4B48.3B54.8B57.6B
Other Assets24.0B28.2B34.8B(52.3B)(110.2B)(104.7B)
Common Stock Shares Outstanding458.9M453.4M443.2M423.5M414.2M337.4M
Liabilities And Stockholders Equity176.9B190.8B200.1B199.1B230.7B242.2B
Other Stockholder Equity7.4B6.2B1.0B(48.3B)11.3B11.8B
Total Liab121.6B131.3B140.3B148.6B167.0B175.3B
Net Receivables25.5B26.1B28.7B30.8B13.4B15.1B
Total Current Assets27.1B27.8B1.7B123.3B21.2B20.1B
Other Current Liab(19.3B)(20.8B)(8.2B)(23.9B)(9.8B)(9.3B)
Total Current Liabilities19.3B20.8B67.3B23.9B71.2B50.4B
Net Debt13.3B13.2B14.5B12.9B12.0B12.6B
Accounts Payable18.0B20.8B7.2B23.4B8.3B8.9B
Cash1.5B1.7B1.7B2.0B2.4B2.6B
Non Current Assets Total125.9B134.7B198.4B128.1B319.7B335.7B
Non Currrent Assets Other(4.6B)(4.8B)169.5B(1.9B)(175.6B)(166.8B)
Cash And Short Term Investments1.5B1.7B1.7B2.0B4.6B4.3B
Good Will15.3B15.4B15.2B16.3B19.7B20.7B
Short Term Investments89.8B95.0B96.3B90.2B31.3B34.8B
Non Current Liabilities Total14.4B15.8B54.8B23.9B167.0B175.3B
Accumulated Other Comprehensive Income619M2.9B350M(10.2B)(6.8B)(6.5B)
Common Stock11.1B11.1B11.0B60.7B241M229.0M
Short Long Term Debt Total15.2B16.5B16.2B15.7B14.5B8.1B
Short Term Debt1.3B1.6B999M475M1.5B1.5B
Other Liab14.3B13.3B13.6B20.6B23.7B16.5B
Long Term Debt13.9B14.9B15.2B15.2B13.0B7.4B
Intangible Assets6.4B6.1B11.2B9.0B19.3B20.3B
Property Plant And Equipment Net2.5B2.5B2.4B3.0B3.7B3.9B
Other Current Assets22.6B25.4B24.3B25.4B3.2B3.1B
Inventory(22.6B)(25.4B)(24.3B)65.0B(61.3B)(58.2B)
Treasury Stock(3.8B)(3.6B)(7.5B)(5.1B)(4.6B)(4.4B)
Net Tangible Assets34.0B38.2B39.0B28.8B33.1B30.2B
Retained Earnings Total Equity36.1B39.3B47.4B48.3B55.6B58.4B
Long Term Debt Total13.9B14.9B15.2B15.2B17.5B10.0B
Capital Surpluse11.2B9.8B8.5B7.2B8.2B9.0B
Deferred Long Term Liab804M892M389M292M335.8M343.2M
Long Term Investments111.4B119.5B123.1B114.5B131.4B95.6B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chubb. 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.
For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Property & Casualty Insurance 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 Chubb. If investors know Chubb 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 Chubb 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
0.152
Dividend Share
3.54
Earnings Share
24.38
Revenue Per Share
134.95
Quarterly Revenue Growth
0.078
The market value of Chubb is measured differently than its book value, which is the value of Chubb that is recorded on the company's balance sheet. Investors also form their own opinion of Chubb's value that differs from its market value or its book value, called intrinsic value, which is Chubb'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 Chubb's market value can be influenced by many factors that don't directly affect Chubb'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 Chubb's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chubb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chubb'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.