CNFinance Cash vs Net Tangible Assets Analysis
CNF Stock | USD 0.95 0.04 4.04% |
CNFinance Holdings financial indicator trend analysis is way more than just evaluating CNFinance Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNFinance Holdings is a good investment. Please check the relationship between CNFinance Holdings Cash and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNFinance Holdings. 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 more detail on how to invest in CNFinance Stock please use our How to Invest in CNFinance Holdings guide.
Cash vs Net Tangible Assets
Cash vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNFinance Holdings Cash account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CNFinance Holdings' Cash and Net Tangible Assets is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of CNFinance Holdings, assuming nothing else is changed. The correlation between historical values of CNFinance Holdings' Cash and Net Tangible 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 Cash of CNFinance Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., CNFinance Holdings' Cash and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of CNFinance Holdings, which is listed under current asset account on CNFinance Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CNFinance Holdings customers. The amounts must be unrestricted with restricted cash listed in a different CNFinance Holdings 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from CNFinance Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNFinance Holdings 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 CNFinance Holdings. 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 more detail on how to invest in CNFinance Stock please use our How to Invest in CNFinance Holdings guide.At this time, CNFinance Holdings' Enterprise Value is most likely to decrease significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 1.0B | 1.0B | 1.0B | 1.1B | Tax Provision | 28.8M | 34.8M | 45.9M | 43.6M |
CNFinance Holdings fundamental ratios Correlations
Click cells to compare fundamentals
CNFinance Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CNFinance Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.3B | 12.2B | 14.4B | 14.5B | 16.4B | 16.0B | |
Short Long Term Debt Total | 7.5B | 6.2B | 8.1B | 7.8B | 8.3B | 7.5B | |
Other Current Liab | 2.8B | 418.9M | 142.4M | (184.5M) | (248.1M) | (235.7M) | |
Total Current Liabilities | 136.9T | 154.8B | 155.0T | 123.1M | 25.7M | 24.4M | |
Total Stockholder Equity | 3.6B | 3.7B | 3.8B | 3.9B | 4.0B | 3.4B | |
Other Liab | 144.2M | 1.6B | 1.8B | 2.3B | 2.7B | 2.8B | |
Net Tangible Assets | 3.0B | 3.6B | 3.7B | 3.8B | 4.4B | 3.1B | |
Property Plant And Equipment Net | 47.3M | 24.2M | 19.2M | 32.1M | 36.0M | 30.1M | |
Net Debt | 4.9B | 3.6B | 5.7B | 5.8B | 5.7B | 5.0B | |
Retained Earnings | 2.7B | 2.8B | 2.8B | 3.0B | 3.1B | 2.5B | |
Cash | 1.8B | 2.1B | 2.4B | 1.9B | 2.6B | 2.2B | |
Non Current Assets Total | 705.4M | 445.6M | 1.1B | 554.2M | 14.8B | 15.6B | |
Non Currrent Assets Other | (705.4M) | (445.6M) | (1.1B) | (554.2M) | (491.1M) | (515.6M) | |
Other Assets | 10.0B | 9.2B | 9.6B | (16.4T) | (452.1M) | (474.7M) | |
Long Term Debt | 6.7B | 5.6B | 8.0B | 7.7B | 8.2B | 6.6B | |
Cash And Short Term Investments | 2.5B | 2.5B | 3.5B | 16.4T | 2.0B | 1.9B | |
Net Receivables | 66.4M | 37.6M | 272.1M | 282.6M | 572.2M | 600.8M | |
Good Will | (338.0) | (126.0) | (372.0) | 267.0 | 307.05 | 322.4 | |
Common Stock Shares Outstanding | 73.4M | 76.3M | 76.3M | 76.4M | 72.3M | 79.8M | |
Short Term Investments | 654.3M | 418.1M | 1.1B | 11.3T | 146.5M | 139.2M | |
Long Term Debt Total | 6.7B | 5.6B | 8.0B | 7.7B | 7.0B | 6.6B | |
Liabilities And Stockholders Equity | 13.3B | 12.2B | 14.4B | 14.5B | 16.4B | 16.0B | |
Non Current Liabilities Total | 6.8B | 5.9B | 8.3B | 7.9B | 18.8B | 12.0B | |
Capital Surpluse | 937.6M | 999.7M | 1.0B | 1.0B | 1.2B | 920.4M | |
Capital Lease Obligations | 38.1M | 19.5M | 15.5M | 28.6M | 26.1M | 17.6M | |
Other Current Assets | 9.7B | 9.2B | 10.9B | (850.4M) | (765.4M) | (727.1M) | |
Other Stockholder Equity | 937.6M | 999.7M | 1.0B | 936.6M | 913.4M | 918.9M | |
Total Liab | 6.8B | 5.9B | 8.3B | 7.9B | 12.4B | 8.1B | |
Long Term Investments | 688.3M | 418.1M | 1.1B | 518.6M | 452.1M | 608.0M | |
Property Plant And Equipment Gross | 47.3M | 24.2M | 19.2M | 32.1M | 67.5M | 34.5M | |
Total Current Assets | 2.6B | 2.5B | 3.7B | 16.4T | 2.0B | 1.9B | |
Accumulated Other Comprehensive Income | (2.1M) | (18.5M) | (25.4M) | (10.2M) | (9.3M) | (9.8M) | |
Cash And Equivalents | 1.7B | 2.0B | 2.2B | 1.8B | 2.0B | 1.9B | |
Short Term Debt | 870.8M | 508.6M | 45.3M | 112.6M | 101.4M | 96.3M | |
Intangible Assets | 3.7M | 3.2M | 4.0M | 3.5M | 3.0M | 2.8M | |
Property Plant Equipment | 47.3M | 24.2M | 19.2M | 32.1M | 36.9M | 28.8M | |
Net Invested Capital | 10.3B | 9.4B | 11.9B | 11.6B | 12.3B | 9.5B |
Currently Active Assets on Macroaxis
When determining whether CNFinance Holdings is a strong investment it is important to analyze CNFinance Holdings' 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 CNFinance Holdings' future performance. For an informed investment choice regarding CNFinance Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNFinance Holdings. 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 more detail on how to invest in CNFinance Stock please use our How to Invest in CNFinance Holdings guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Commercial & Residential Mortgage Finance 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 CNFinance Holdings. If investors know CNFinance 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 CNFinance Holdings 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 (0.33) | Earnings Share 0.24 | Revenue Per Share 12.22 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0075 |
The market value of CNFinance Holdings is measured differently than its book value, which is the value of CNFinance that is recorded on the company's balance sheet. Investors also form their own opinion of CNFinance Holdings' value that differs from its market value or its book value, called intrinsic value, which is CNFinance Holdings' 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 CNFinance Holdings' market value can be influenced by many factors that don't directly affect CNFinance Holdings' 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 CNFinance Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if CNFinance Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNFinance Holdings' 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.