Chemung Operating Income vs Non Recurring Analysis

CHMG Stock

USD 51.83 0.20 0.38%

Chemung Financial financial indicator trend analysis is way more than just evaluating Chemung Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemung Financial Corp is a good investment. Please check the relationship between Chemung Financial Operating Income and its Non Recurring accounts. 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.

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemung Financial Corp Operating Income account and Non Recurring. At this time, the significance of the direction appears to have strong relationship.

The correlation between Chemung Financial's Operating Income and Non Recurring is 0.7. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Chemung Financial Corp, assuming nothing else is changed. The correlation between historical values of Chemung Financial's Operating Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Chemung Financial Corp are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Operating Income i.e., Chemung Financial's Operating Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Chemung Financial Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Chemung Financial Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Recurring

Most indicators from Chemung Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.

	2021	2022	2023	2024 (projected)
Interest Expense	3.4M	7.3M	38.6M	40.5M
Depreciation And Amortization	3.5M	3.0M	2.8M	2.5M

Interest Expense Depreciation And Amortization

Chemung Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Good Will	Other Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Debt
Total Assets		0.71	0.21	0.25	0.99	0.12	0.25	-0.46	0.55	0.92	0.89	-0.6	0.62	0.45	1.0	0.66	0.05	-0.6	0.42	-0.63	0.36	0.6	-0.17	0.62	0.49	0.28
Total Stockholder Equity	0.71		0.53	-0.1	0.68	0.36	0.54	-0.52	0.25	0.74	0.37	-0.73	0.81	0.83	0.7	0.2	0.21	-0.73	0.72	-0.43	0.06	0.07	-0.14	0.09	0.64	0.0
Property Plant And Equipment Net	0.21	0.53		-0.13	0.18	0.24	0.35	-0.11	-0.13	0.2	-0.1	-0.83	0.8	0.78	0.2	-0.03	0.7	-0.83	0.89	0.3	-0.05	-0.26	0.32	-0.25	0.53	-0.04
Net Debt	0.25	-0.1	-0.13		0.24	-0.71	0.2	-0.1	-0.1	0.19	0.41	-0.06	-0.11	-0.11	0.27	0.1	0.33	-0.06	0.02	0.12	0.85	0.15	0.14	0.17	-0.11	0.88
Retained Earnings	0.99	0.68	0.18	0.24		0.13	0.15	-0.37	0.6	0.88	0.91	-0.59	0.6	0.44	0.99	0.72	-0.01	-0.59	0.4	-0.65	0.34	0.67	-0.19	0.68	0.41	0.28
Cash	0.12	0.36	0.24	-0.71	0.13		0.05	-0.14	0.32	0.09	-0.05	-0.22	0.4	0.4	0.11	-0.12	-0.37	-0.22	0.26	-0.39	-0.25	-0.17	-0.25	-0.17	0.34	-0.4
Non Current Assets Total	0.25	0.54	0.35	0.2	0.15	0.05		-0.68	-0.21	0.47	-0.11	-0.3	0.29	0.36	0.24	-0.5	0.29	-0.3	0.45	-0.15	0.32	-0.55	-0.09	-0.54	0.34	0.16
Non Currrent Assets Other	-0.46	-0.52	-0.11	-0.1	-0.37	-0.14	-0.68		0.11	-0.69	-0.19	0.09	-0.35	-0.24	-0.45	0.18	0.0	0.09	-0.13	0.45	-0.25	0.19	0.05	0.17	-0.6	0.02
Other Assets	0.55	0.25	-0.13	-0.1	0.6	0.32	-0.21	0.11		0.35	0.64	-0.22	0.16	0.12	0.56	0.6	-0.25	-0.22	0.05	-0.45	0.11	0.61	-0.32	0.6	0.01	0.1
Cash And Short Term Investments	0.92	0.74	0.2	0.19	0.88	0.09	0.47	-0.69	0.35		0.72	-0.48	0.57	0.38	0.92	0.45	0.03	-0.48	0.36	-0.68	0.27	0.4	-0.19	0.42	0.54	0.12
Net Receivables	0.89	0.37	-0.1	0.41	0.91	-0.05	-0.11	-0.19	0.64	0.72		-0.34	0.31	0.14	0.9	0.82	-0.14	-0.34	0.11	-0.61	0.46	0.83	-0.13	0.84	0.24	0.41
Common Stock Total Equity	-0.6	-0.73	-0.83	-0.06	-0.59	-0.22	-0.3	0.09	-0.22	-0.48	-0.34		-0.9	-0.87	-0.58	-0.3	-0.59	1.0	-0.96	-0.01	-0.16	-0.11	-0.05	-0.12	-0.42	-0.21
Common Stock Shares Outstanding	0.62	0.81	0.8	-0.11	0.6	0.4	0.29	-0.35	0.16	0.57	0.31	-0.9		0.92	0.6	0.26	0.47	-0.9	0.87	-0.11	0.08	0.06	0.02	0.08	0.64	0.04
Other Stockholder Equity	0.45	0.83	0.78	-0.11	0.44	0.4	0.36	-0.24	0.12	0.38	0.14	-0.87	0.92		0.43	0.05	0.48	-0.87	0.91	-0.01	0.11	-0.13	0.0	-0.11	0.55	0.1
Total Liab	1.0	0.7	0.2	0.27	0.99	0.11	0.24	-0.45	0.56	0.92	0.9	-0.58	0.6	0.43		0.67	0.04	-0.58	0.41	-0.63	0.38	0.61	-0.17	0.63	0.49	0.3
Property Plant And Equipment Gross	0.66	0.2	-0.03	0.1	0.72	-0.12	-0.5	0.18	0.6	0.45	0.82	-0.3	0.26	0.05	0.67		-0.09	-0.3	0.03	-0.38	-0.02	0.97	-0.02	0.97	0.11	0.07
Total Current Assets	0.05	0.21	0.7	0.33	-0.01	-0.37	0.29	0.0	-0.25	0.03	-0.14	-0.59	0.47	0.48	0.04	-0.09		-0.59	0.65	0.7	0.2	-0.24	0.27	-0.23	0.21	0.35
Common Stock	-0.6	-0.73	-0.83	-0.06	-0.59	-0.22	-0.3	0.09	-0.22	-0.48	-0.34	1.0	-0.9	-0.87	-0.58	-0.3	-0.59		-0.96	-0.01	-0.16	-0.11	-0.05	-0.12	-0.42	-0.21
Good Will	0.42	0.72	0.89	0.02	0.4	0.26	0.45	-0.13	0.05	0.36	0.11	-0.96	0.87	0.91	0.41	0.03	0.65	-0.96		0.13	0.16	-0.17	0.08	-0.16	0.43	0.19
Other Current Assets	-0.63	-0.43	0.3	0.12	-0.65	-0.39	-0.15	0.45	-0.45	-0.68	-0.61	-0.01	-0.11	-0.01	-0.63	-0.38	0.7	-0.01	0.13		-0.06	-0.44	0.33	-0.44	-0.23	0.14
Short Long Term Debt Total	0.36	0.06	-0.05	0.85	0.34	-0.25	0.32	-0.25	0.11	0.27	0.46	-0.16	0.08	0.11	0.38	-0.02	0.2	-0.16	0.16	-0.06		0.02	0.0	0.04	0.07	0.92
Non Current Liabilities Total	0.6	0.07	-0.26	0.15	0.67	-0.17	-0.55	0.19	0.61	0.4	0.83	-0.11	0.06	-0.13	0.61	0.97	-0.24	-0.11	-0.17	-0.44	0.02		-0.1	1.0	-0.02	0.1
Other Current Liab	-0.17	-0.14	0.32	0.14	-0.19	-0.25	-0.09	0.05	-0.32	-0.19	-0.13	-0.05	0.02	0.0	-0.17	-0.02	0.27	-0.05	0.08	0.33	0.0	-0.1		-0.09	0.33	0.0
Total Current Liabilities	0.62	0.09	-0.25	0.17	0.68	-0.17	-0.54	0.17	0.6	0.42	0.84	-0.12	0.08	-0.11	0.63	0.97	-0.23	-0.12	-0.16	-0.44	0.04	1.0	-0.09		0.01	0.12
Accounts Payable	0.49	0.64	0.53	-0.11	0.41	0.34	0.34	-0.6	0.01	0.54	0.24	-0.42	0.64	0.55	0.49	0.11	0.21	-0.42	0.43	-0.23	0.07	-0.02	0.33	0.01		-0.11
Short Term Debt	0.28	0.0	-0.04	0.88	0.28	-0.4	0.16	0.02	0.1	0.12	0.41	-0.21	0.04	0.1	0.3	0.07	0.35	-0.21	0.19	0.14	0.92	0.1	0.0	0.12	-0.11

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Chemung Financial Account Relationship Matchups

Chemung Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	2.3B	2.4B	2.6B	2.7B	2.8B
Total Stockholder Equity	182.6M	199.7M	211.5M	166.4M	195.2M	120.1M
Property Plant And Equipment Net	30.4M	27.3M	25.5M	22.6M	20.2M	22.5M
Net Debt	(109.7M)	(97.4M)	(1.1M)	145.7M	4.0M	4.1M
Retained Earnings	153.7M	168.0M	188.9M	211.9M	229.9M	241.4M
Cash	121.9M	108.5M	27.0M	55.9M	36.8M	49.5M
Non Current Assets Total	342.4M	609.0M	846.1M	682.2M	86.1M	81.8M
Non Currrent Assets Other	(342.4M)	(609.0M)	(846.1M)	(682.2M)	(86.1M)	(81.8M)
Other Assets	1.0B	964.2M	709.8M	1.2B	2.0B	2.1B
Cash And Short Term Investments	406.0M	663.1M	819.0M	688.5M	630.2M	661.7M
Net Receivables	33.5M	43.1M	43.8M	89.5M	102.9M	108.0M
Common Stock Shares Outstanding	4.9M	4.8M	4.7M	4.7M	4.7M	4.6M
Liabilities And Stockholders Equity	1.8B	2.3B	2.4B	2.6B	2.7B	2.8B
Other Stockholder Equity	34.7M	29.2M	29.1M	29.7M	31.3M	19.4M
Total Liab	1.6B	2.1B	2.2B	2.5B	2.5B	2.6B
Property Plant And Equipment Gross	30.4M	27.3M	25.5M	22.6M	94.0M	98.7M
Total Current Assets	439.5M	706.2M	862.8M	777.9M	630.2M	576.6M
Other Current Assets	127.1M	115.0M	33.1M	64.7M	45.0M	42.7M
Accumulated Other Comprehensive Income	(5.8M)	2.4M	(6.5M)	(75.3M)	(66.0M)	(62.7M)
Short Long Term Debt Total	12.2M	11.1M	25.9M	201.6M	40.8M	42.3M
Non Current Liabilities Total	12.2M	11.1M	25.9M	142.0M	2.5B	2.6B
Other Current Liab	(20.9M)	(60.4M)	(29.7M)	(113.8M)	(15.1M)	(14.3M)
Total Current Liabilities	20.9M	30.9M	40.6M	142.0M	1.9B	1.9B
Accounts Payable	20.9M	30.9M	15.1M	18.0M	19.6M	10.1M
Short Term Debt	1.3M	1.3M	14.6M	95.8M	33.2M	30.4M
Intangible Assets	1.4M	742K	258K	15K	13.5K	12.8K
Short Term Investments	284.1M	554.6M	792.0M	632.6M	584.0M	554.8M
Other Liab	12.5M	14.3M	14.7M	16.7M	19.2M	15.9M
Long Term Debt	4.1M	3.8M	18.2M	99.1M	89.2M	93.7M
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 Equipment	22.4M	27.3M	25.5M	22.6M	25.9M	28.7M
Net Tangible Assets	160.1M	177.6M	189.6M	144.6M	166.2M	145.7M
Retained Earnings Total Equity	153.7M	168.0M	188.9M	211.9M	243.6M	153.1M
Capital Surpluse	46.4M	46.8M	46.9M	47.3M	54.4M	50.6M
Long Term Investments	1.6B	559.6M	798.8M	637.8M	587.8M	808.6M

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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:

How To Invest In Chemung

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Is Chemung Stock a good investment?

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What is Chemung Financial's Net Worth?

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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

(0.26)

Dividend Share

1.24

Earnings Share

4.52

Revenue Per Share

19.63

Quarterly Revenue Growth

(0.06)

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.

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Chemung Operating Income vs Non Recurring Analysis

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

Correlation Coefficient

Operating Income

Non Recurring

Chemung Financial fundamental ratios Correlations

Chemung Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chemung Financial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 1.0	Non Current Liabilities Total
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Retained Earnings
Non Current Liabilities Total	+ 0.97	Property Plant And Equipment Gross

Good Will	- 0.96	Common Stock
Good Will	- 0.96	Common Stock Total Equity
Common Stock	- 0.9	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.9	Common Stock Total Equity
Common Stock	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.87	Common Stock Total Equity