CBZ Stock | | | USD 80.79 1.36 1.71% |
CBIZ financial indicator trend analysis is way more than just evaluating CBIZ Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBIZ Inc is a good investment. Please check the relationship between CBIZ Gross Profit and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CBIZ Inc. 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.
Gross Profit vs Net Interest Income
Gross Profit vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CBIZ Inc Gross Profit account and
Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CBIZ's Gross Profit and Net Interest Income is -0.66. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of CBIZ Inc, assuming nothing else is changed. The correlation between historical values of CBIZ's Gross Profit and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of CBIZ Inc are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Gross Profit i.e., CBIZ's Gross Profit and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of CBIZ Inc minus its cost of goods sold. It is profit before CBIZ operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from CBIZ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBIZ Inc 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 CBIZ Inc. 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.
Sales General And Administrative To Revenue is likely to rise to 0.05 in 2024, whereas
Selling General Administrative is likely to drop slightly above 35.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 159.3M | 223.4M | 225.1M | 236.4M | Total Revenue | 1.1B | 1.4B | 1.6B | 1.7B |
CBIZ fundamental ratios Correlations
Click cells to compare fundamentals
CBIZ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CBIZ fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for CBIZ Stock Analysis
When running CBIZ's price analysis, check to
measure CBIZ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CBIZ is operating at the current time. Most of CBIZ's value examination focuses on studying past and present price action to
predict the probability of CBIZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBIZ's price. Additionally, you may evaluate how the addition of CBIZ to your portfolios can decrease your overall portfolio volatility.