Chicago Historical Balance Sheet
| LIEN Stock | 12.91 0.08 0.62% |
Trend analysis of Chicago Atlantic BDC, balance sheet accounts such as Cash of 43 M provides information on Chicago Atlantic's total assets, liabilities, and equity, which is the actual value of Chicago Atlantic BDC, to its prevalent stockholders. By breaking down trends over time using Chicago Atlantic balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Chicago Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Chicago Atlantic BDC, at a specified time, usually calculated after every quarter, six months, or one year. Chicago Atlantic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chicago Atlantic 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 Chicago currently owns. An asset can also be divided into two categories, current and non-current.
Chicago Atlantic Balance Sheet Chart
Total Assets
Total assets refers to the total amount of Chicago Atlantic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chicago Atlantic BDC, books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accounts Payable
An accounting item on the balance sheet that represents Chicago Atlantic obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Chicago Atlantic BDC, are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Chicago Atlantic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Chicago Atlantic BDC, current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Chicago Atlantic BDC,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Chicago Atlantic's Retained Earnings are very stable compared to the past year. As of the 22nd of November 2024, Cash is likely to grow to about 43 M, while Total Assets are likely to drop about 63.8 M.
| 2010 | 2023 | 2024 (projected) | Long Term Investments | 54.1M | 48.7M | 43.3M | Accounts Payable | 2.0 | 1.8 | 1.6 |
Chicago Atlantic balance sheet Correlations
| 1.0 | 0.66 | -0.99 | 0.81 | -0.52 | -0.52 | ||
| 1.0 | 0.65 | -0.99 | 0.8 | -0.52 | -0.52 | ||
| 0.66 | 0.65 | -0.69 | 0.97 | -0.76 | -0.76 | ||
| -0.99 | -0.99 | -0.69 | -0.84 | 0.62 | 0.62 | ||
| 0.81 | 0.8 | 0.97 | -0.84 | -0.8 | -0.8 | ||
| -0.52 | -0.52 | -0.76 | 0.62 | -0.8 | 1.0 | ||
| -0.52 | -0.52 | -0.76 | 0.62 | -0.8 | 1.0 |
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Chicago Atlantic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Chicago Atlantic
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 Chicago Atlantic 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 Chicago Atlantic will appreciate offsetting losses from the drop in the long position's value.Moving together with Chicago Stock
Moving against Chicago Stock
| 0.55 | JPPYY | Jupai Holdings | PairCorr |
| 0.52 | BCGWW | Binah Capital Group, | PairCorr |
| 0.42 | GLAE | Glassbridge Enterprises | PairCorr |
The ability to find closely correlated positions to Chicago Atlantic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chicago Atlantic 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 Chicago Atlantic - 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 Chicago Atlantic BDC, to buy it.
The correlation of Chicago Atlantic 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 Chicago Atlantic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicago Atlantic BDC, 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 Chicago Atlantic 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Chicago Atlantic BDC,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Asset Management 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 Chicago Atlantic. If investors know Chicago 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 Chicago Atlantic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chicago Atlantic BDC, is measured differently than its book value, which is the value of Chicago that is recorded on the company's balance sheet. Investors also form their own opinion of Chicago Atlantic's value that differs from its market value or its book value, called intrinsic value, which is Chicago Atlantic'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 Chicago Atlantic's market value can be influenced by many factors that don't directly affect Chicago Atlantic'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 Chicago Atlantic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chicago Atlantic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chicago Atlantic'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.