Community Income Tax Expense vs Interest Income Analysis
CWBC Stock | USD 21.82 0.61 2.88% |
Community West financial indicator trend analysis is way more than just evaluating Community West Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community West Bancshares is a good investment. Please check the relationship between Community West Income Tax Expense and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community West Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Income Tax Expense vs Interest Income
Income Tax Expense vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community West Bancshares Income Tax Expense account and Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Community West's Income Tax Expense and Interest Income is 0.43. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Interest Income in the same time period over historical financial statements of Community West Bancshares, assuming nothing else is changed. The correlation between historical values of Community West's Income Tax Expense and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Community West Bancshares are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Tax Expense i.e., Community West's Income Tax Expense and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Tax Expense
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Community West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community West Bancshares 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 Community West Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. The current year's Enterprise Value is expected to grow to about 324.6 M, whereas Selling General Administrative is forecasted to decline to about 16.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 3.3M | 20.0M | 21.0M | Depreciation And Amortization | 1.6M | 1.3M | 959K | 766.9K |
Community West fundamental ratios Correlations
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Community West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community West fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 913.9M | 975.4M | 1.2B | 1.1B | 2.4B | 2.6B | |
Other Current Liab | 399.6M | 722.9M | 800.9M | (32.6M) | 1.8B | 1.9B | |
Total Current Liabilities | 450.6M | 738.8M | 801.8M | 760.7M | 1.9B | 2.0B | |
Total Stockholder Equity | 82.0M | 89.0M | 101.4M | 112.7M | 207.1M | 217.4M | |
Property Plant And Equipment Net | 7.7M | 7.2M | 6.6M | 6.1M | 22.4M | 23.5M | |
Net Debt | (17.7M) | 44.5M | (118.4M) | 25.3M | 105.1M | 110.4M | |
Retained Earnings | 39.5M | 46.1M | 56.9M | 67.7M | 210.5M | 221.1M | |
Accounts Payable | 19.8M | 31.2M | 40.0M | 32.6M | 37.5M | 35.6M | |
Cash | 82.7M | 60.5M | 208.4M | 64.7M | 53.7M | 37.5M | |
Non Current Assets Total | 33.2M | 29.2M | 29.3M | 35.6M | 3.2B | 3.4B | |
Non Currrent Assets Other | (33.2M) | (29.2M) | (8.6M) | (8.5M) | (1.0B) | (974.0M) | |
Cash And Short Term Investments | 101.9M | 77.8M | 228.1M | 64.7M | 650.9M | 683.5M | |
Common Stock Shares Outstanding | 8.5M | 8.5M | 8.5M | 11.7M | 11.8M | 7.6M | |
Liabilities And Stockholders Equity | 913.9M | 975.4M | 1.2B | 1.1B | 2.4B | 2.6B | |
Other Current Assets | 85.2M | 63.2M | 210.9M | 66.9M | 64.6M | 61.4M | |
Other Stockholder Equity | 11.5M | (42.6M) | (42.9M) | (44.4M) | (40.0M) | (38.0M) | |
Total Liab | 65M | 105M | 90M | 978.9M | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 7.7M | 7.2M | 19.7M | 20.0M | 31.7M | 33.3M | |
Total Current Assets | 101.9M | 77.8M | 228.1M | 91.4M | 715.6M | 751.3M | |
Other Assets | 778.7M | 868.4M | 899.6M | 964.6M | (1.5B) | (1.5B) | |
Net Receivables | 32.1M | 29.2M | 32.7M | 76.9M | 88.4M | 84.0M | |
Short Long Term Debt Total | 116.0M | 121.0M | 90.9M | 90M | 158.9M | 166.8M | |
Common Stock Total Equity | 43.0M | 42.6M | 42.9M | 44.4M | 51.1M | 40.6M | |
Non Current Liabilities Total | 65M | 105M | 90M | 978.9M | 319.9M | 335.8M | |
Common Stock | 42.6M | 42.9M | 44.4M | 45.7M | 62.6M | 41.1M | |
Other Liab | 9.6M | 8.3M | 15.5M | 13.8M | 15.8M | 16.6M | |
Long Term Debt | 75M | 65M | 105M | 90M | 69.7M | 61.2M | |
Short Term Investments | 19.3M | 17.3M | 19.7M | 26.7M | 597.2M | 627.1M | |
Inventory | (117.3M) | (92.3M) | (243.6M) | (117.1M) | (105.4M) | (100.1M) | |
Intangible Assets | (25.7M) | 1.2M | 1.6M | 1.5M | 1.3M | 1.4M | |
Property Plant Equipment | 6.4M | 7.7M | 13.1M | 6.6M | 7.6M | 4.4M | |
Short Term Debt | 51.0M | 16.0M | 887K | 1.0M | 82.2M | 86.3M | |
Net Tangible Assets | 82.0M | 89.0M | 101.4M | 112.7M | 129.5M | 77.3M | |
Retained Earnings Total Equity | 33.3M | 39.5M | 46.1M | 56.9M | 65.4M | 68.6M | |
Long Term Debt Total | 75M | 65M | 105M | 90M | 103.5M | 56.0M | |
Long Term Investments | 25.6M | 22.0M | 22.8M | 29.5M | 906.3M | 951.6M | |
Non Current Liabilities Other | 10.1M | 16.0M | 15.2M | 15.5M | 14.0M | 11.5M |
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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 Community West Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community West's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community West Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community West Bancshares Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community West Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 Community West. If investors know Community 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 Community West 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 (0.67) | Dividend Share 0.48 | Earnings Share 0.55 | Revenue Per Share 6.221 | Quarterly Revenue Growth 0.452 |
The market value of Community West Bancshares is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community West's value that differs from its market value or its book value, called intrinsic value, which is Community West'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 Community West's market value can be influenced by many factors that don't directly affect Community West'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 Community West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community West'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.