City Other Assets vs Cash Analysis
CIO Stock | USD 5.29 0.11 2.12% |
City Office financial indicator trend analysis is way more than just evaluating City Office prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether City Office is a good investment. Please check the relationship between City Office Other Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in City Stock, please use our How to Invest in City Office guide.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of City Office Other Assets account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between City Office's Other Assets and Cash is 0.25. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of City Office, assuming nothing else is changed. The correlation between historical values of City Office's Other Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of City Office are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., City Office's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Cash
Cash refers to the most liquid asset of City Office, which is listed under current asset account on City Office balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from City Office customers. The amounts must be unrestricted with restricted cash listed in a different City Office account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from City Office's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into City Office 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 City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in City Stock, please use our How to Invest in City Office guide.As of the 26th of November 2024, Selling General Administrative is likely to drop to about 8.3 M. In addition to that, Sales General And Administrative To Revenue is likely to drop to 0.06
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 23.3M | 25.8M | 31.9M | 18.6M | Depreciation And Amortization | 130.8M | 144.0M | 63.0M | 59.3M |
City Office fundamental ratios Correlations
Click cells to compare fundamentals
City Office Account Relationship Matchups
High Positive Relationship
High Negative Relationship
City Office fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 1.6B | 1.6B | 1.5B | 907.7M | |
Short Long Term Debt Total | 613.6M | 752.2M | 795.6M | 890.6M | 669.5M | 527.7M | |
Other Current Liab | (6.2M) | 531K | (142M) | (200.5M) | 658K | 690.9K | |
Total Current Liabilities | 35.4M | 108.2M | 38.7M | 44.9M | 137.4M | 144.3M | |
Total Stockholder Equity | 548.0M | 416.9M | 869.6M | 802.8M | 772.2M | 390.6M | |
Current Deferred Revenue | 6.6M | 7.3M | 11.6M | 9.1M | 7.7M | 5.4M | |
Net Debt | 537.1M | 651.9M | 632.3M | 862.4M | 639.4M | 461.7M | |
Cash | 70.1M | 25.3M | 21.3M | 28.2M | 30.1M | 23.0M | |
Non Current Assets Total | 1.1B | 1.0B | 1.5B | 1.5B | 1.4B | 835.0M | |
Non Currrent Assets Other | 1.0B | 975.4M | 1.4B | 1.4B | 1.4B | 1.4B | |
Cash And Short Term Investments | 70.1M | 25.3M | 21.3M | 28.2M | 30.1M | 23.0M | |
Net Receivables | 32.1M | 33.0M | 30.4M | 44.4M | 53.5M | 56.1M | |
Common Stock Shares Outstanding | 44.0M | 47.2M | 44.1M | 42.9M | 39.9M | 29.7M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 1.6B | 1.6B | 1.5B | 907.7M | |
Non Current Liabilities Total | 643.9M | 631.2M | 692.2M | 726.4M | 601.3M | 472.4M | |
Other Current Assets | (119.6M) | (78.9M) | (72.7M) | 16.1M | 13.3M | 14.0M | |
Other Stockholder Equity | 577.1M | 479.4M | 482.1M | 436.2M | 438.9M | 313.1M | |
Total Liab | 679.3M | 739.4M | 730.9M | 771.3M | 738.7M | 514.7M | |
Total Current Assets | 124.1M | 125.0M | 72.7M | 88.7M | 96.8M | 72.7M | |
Intangible Assets | 67.5M | 44.1M | 68.9M | 55.4M | 42.4M | 48.0M | |
Other Liab | 35.1M | 26.5M | 50.2M | 35.1M | 40.4M | 23.8M | |
Accounts Payable | 28.8M | 25.4M | 27.1M | 35.8M | 29.1M | 20.1M | |
Other Assets | 35.4M | 1.1B | 1.5B | 1.4B | 1.4B | 1.5B | |
Long Term Debt | 607.3M | 677.2M | 653.6M | 489.6M | 469.5M | 465.4M | |
Net Tangible Assets | 368.5M | 260.8M | 688.7M | 635.4M | 730.7M | 767.2M | |
Deferred Long Term Liab | 6.6M | 7.3M | 11.6M | 9.1M | 10.5M | 7.0M | |
Short Term Debt | 6.3M | 75M | 142M | 200.5M | 107.7M | 92.7M | |
Common Stock | 545K | 433K | 435K | 397K | 399K | 379.1K | |
Property Plant Equipment | 1.0B | 1.0B | 1.4B | 1.4B | 1.6B | 851.4M | |
Noncontrolling Interest In Consolidated Entity | 1.1M | 949K | 979K | 343K | 308.7K | 293.3K | |
Retained Earnings | (142.4M) | (173.0M) | 275.5M | 251.5M | 221.2M | 232.3M | |
Common Stock Total Equity | 545K | 433K | 435K | 397K | 456.6K | 373.6K | |
Retained Earnings Total Equity | (142.4M) | (173.0M) | 275.5M | 251.5M | 289.3M | 303.7M | |
Long Term Debt Total | 607.3M | 677.2M | 653.6M | 690.1M | 793.6M | 570.5M |
Pair Trading with City Office
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if City Office position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in City Office will appreciate offsetting losses from the drop in the long position's value.Moving together with City Stock
Moving against City Stock
0.76 | UE | Urban Edge Properties | PairCorr |
0.76 | SKT | Tanger Factory Outlet | PairCorr |
0.75 | SPG | Simon Property Group | PairCorr |
0.71 | ROIC | Retail Opportunity | PairCorr |
0.67 | KIM | Kimco Realty | PairCorr |
The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back City Office - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling City Office to buy it.
The correlation of City Office is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for City Office can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in City Stock, please use our How to Invest in City Office guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Diversified REITs 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 City Office. If investors know City 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 City Office 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 (0.52) | Dividend Share 0.4 | Earnings Share (0.42) | Revenue Per Share 4.329 | Quarterly Revenue Growth (0.04) |
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office'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 City Office's market value can be influenced by many factors that don't directly affect City Office'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 City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office'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.