CUB Stock | | | 179.53 0.15 0.08% |
City Union financial indicator trend analysis is way more than just evaluating City Union Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether City Union Bank is a good investment. Please check the relationship between City Union Cash and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in City Union Bank. 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.
Cash vs Non Current Liabilities Total
Cash vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
City Union Bank Cash account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between City Union's Cash and Non Current Liabilities Total is 0.62. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of City Union Bank, assuming nothing else is changed. The correlation between historical values of City Union's Cash and Non Current Liabilities Total 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 City Union Bank are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash i.e., City Union's Cash and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of City Union Bank, which is listed under current asset account on City Union Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from City Union customers. The amounts must be unrestricted with restricted cash listed in a different City Union 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.
Non Current Liabilities Total
Most indicators from City Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into City Union Bank 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 Union Bank. 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.
The current year's
Tax Provision is expected to grow to about 2.3
B, whereas
Selling General Administrative is forecasted to decline to about 27.6
M.
City Union fundamental ratios Correlations
Click cells to compare fundamentals
City Union Account Relationship Matchups
High Positive Relationship
High Negative Relationship
City Union fundamental ratios Accounts
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Other Information on Investing in City Stock
Balance Sheet is a snapshot of the
financial position of City Union Bank at a specified time, usually calculated after every quarter, six months, or one year. City Union Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of City Union and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which City currently owns. An asset can also be divided into two categories, current and non-current.