CNB Good Will vs Total Assets Analysis
CCNE Stock | USD 27.58 0.14 0.51% |
CNB Financial financial indicator trend analysis is way more than just evaluating CNB Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNB Financial is a good investment. Please check the relationship between CNB Financial Good Will and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. 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. For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.
Good Will vs Total Assets
Good Will vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNB Financial Good Will account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between CNB Financial's Good Will and Total Assets is 0.73. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of CNB Financial, assuming nothing else is changed. The correlation between historical values of CNB Financial's Good Will and Total 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 Good Will of CNB Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., CNB Financial's Good Will and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Assets
Total assets refers to the total amount of CNB 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 CNB Financial 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.Most indicators from CNB Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNB Financial 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 CNB Financial. 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. For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.At present, CNB Financial's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.8M | 24.1M | 103.9M | 109.1M | Depreciation And Amortization | 6.2M | 6.6M | 7.7M | 8.1M |
CNB Financial fundamental ratios Correlations
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CNB Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CNB Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.7B | 5.3B | 5.5B | 5.8B | 6.0B | |
Short Long Term Debt Total | 298.5M | 72.3M | 106.0M | 237.0M | 104.9M | 126.9M | |
Total Stockholder Equity | 305.0M | 416.1M | 442.8M | 530.8M | 571.2M | 599.8M | |
Property Plant And Equipment Net | 73.3M | 78.5M | 81.6M | 100.8M | 109.4M | 114.9M | |
Net Debt | 105.6M | (462.1M) | (627.9M) | 130.7M | (79.5M) | (75.5M) | |
Retained Earnings | 201.5M | 218.7M | 260.6M | 306.9M | 345.9M | 363.2M | |
Cash | 193.0M | 532.7M | 732.2M | 106.3M | 221.9M | 233.0M | |
Non Current Assets Total | 664.3M | 714.3M | 833.4M | 932.5M | 895.3M | 477.6M | |
Non Currrent Assets Other | (664.3M) | (714.3M) | (833.4M) | 1.8M | (895.3M) | (850.6M) | |
Other Assets | 2.3B | 2.9B | 3.0B | 4.0B | 4.6B | 4.9B | |
Cash And Short Term Investments | 735.3M | 1.1B | 1.4B | 477.7M | 221.9M | 330.8M | |
Common Stock Shares Outstanding | 15.2M | 16M | 16.8M | 18.0M | 20.9M | 13.0M | |
Liabilities And Stockholders Equity | 3.8B | 4.7B | 5.3B | 5.5B | 5.8B | 6.0B | |
Non Current Liabilities Total | 298.5M | 70.6M | 104.3M | 183.7M | 5.2B | 5.4B | |
Other Stockholder Equity | 96.5M | 124.6M | 124.9M | 218.6M | 213.6M | 224.3M | |
Total Liab | 3.5B | 4.3B | 4.9B | 4.9B | 5.2B | 5.4B | |
Property Plant And Equipment Gross | 73.3M | 78.5M | 141.4M | 165.8M | 180.1M | 189.1M | |
Total Current Assets | 760.2M | 1.2B | 1.5B | 539.8M | 221.9M | 425.0M | |
Accumulated Other Comprehensive Income | 6.9M | 15.1M | (394K) | (52.5M) | (46.1M) | (43.8M) | |
Net Receivables | 24.9M | 37.4M | 40.7M | 62.1M | 4.4B | 4.6B | |
Other Current Liab | (38.5M) | (41.4M) | (45.0M) | (51.3M) | 1.5B | 1.6B | |
Total Current Liabilities | 38.5M | 41.4M | 45.0M | 183.7M | 1.5B | 1.6B | |
Accounts Payable | 38.5M | 41.4M | 45.0M | 51.3M | 59.0M | 56.0M | |
Other Current Assets | 215.9M | 557.9M | 758.8M | 137.5M | 224.2M | 212.9M | |
Short Term Debt | 39.1M | 1.7M | 1.7M | 132.4M | 2.7M | 2.5M | |
Other Liab | 33.9M | 60.9M | 66.2M | 47.4M | 54.5M | 57.2M | |
Short Term Investments | 542.3M | 584.9M | 697.2M | 381.0M | 342.0M | 375.3M | |
Inventory | (215.9M) | (557.9M) | (758.8M) | (137.5M) | (4.4B) | (4.1B) | |
Treasury Stock | (2.6M) | (2.8M) | (3.0M) | (2.5M) | (2.8M) | (3.0M) | |
Intangible Assets | 160K | 567K | 460K | 364K | 1.8M | 1.7M | |
Property Plant Equipment | 54.9M | 60.1M | 81.6M | 100.8M | 116.0M | 121.8M | |
Net Tangible Assets | 266.2M | 314.6M | 340.9M | 429.2M | 493.6M | 518.3M | |
Retained Earnings Total Equity | 201.5M | 218.7M | 260.6M | 306.9M | 352.9M | 370.6M | |
Capital Surpluse | 99.3M | 127.5M | 127.4M | 221.6M | 254.8M | 267.5M | |
Long Term Investments | 3.4B | 621.1M | 707.6M | 785.8M | 740.2M | 992.7M | |
Non Current Liabilities Other | 285.7M | 60.9M | 66.2M | 85M | 97.8M | 161.4M | |
Short Long Term Debt | 34.4M | 0.0 | 37.5M | 132.4M | 119.2M | 125.1M |
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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 CNB Financial is a strong investment it is important to analyze CNB 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 CNB Financial's future performance. For an informed investment choice regarding CNB Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. 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. For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 CNB Financial. If investors know CNB 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 CNB 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 0.017 | Dividend Share 0.705 | Earnings Share 2.33 | Revenue Per Share 10.398 | Quarterly Revenue Growth 0.038 |
The market value of CNB Financial is measured differently than its book value, which is the value of CNB that is recorded on the company's balance sheet. Investors also form their own opinion of CNB Financial's value that differs from its market value or its book value, called intrinsic value, which is CNB 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 CNB Financial's market value can be influenced by many factors that don't directly affect CNB 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 CNB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNB 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.