Connectone Bancorp Preferred Stock Total Debt
| CNOBP Preferred Stock | USD 22.20 0.19 0.86% |
ConnectOne Bancorp fundamentals help investors to digest information that contributes to ConnectOne Bancorp's financial success or failures. It also enables traders to predict the movement of ConnectOne Preferred Stock. The fundamental analysis module provides a way to measure ConnectOne Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ConnectOne Bancorp preferred stock.
ConnectOne |
ConnectOne Bancorp Company Total Debt Analysis
ConnectOne Bancorp's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current ConnectOne Bancorp Total Debt | 1.01 B |
Most of ConnectOne Bancorp's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ConnectOne Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, ConnectOne Bancorp has a Total Debt of 1.01 B. This is 97.49% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The total debt for all United States preferred stocks is 80.99% higher than that of the company.
ConnectOne Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ConnectOne Bancorp's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of ConnectOne Bancorp could also be used in its relative valuation, which is a method of valuing ConnectOne Bancorp by comparing valuation metrics of similar companies.ConnectOne Bancorp is currently under evaluation in total debt category among its peers.
ConnectOne Bancorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ConnectOne Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ConnectOne Bancorp's managers, analysts, and investors.Environmental | Governance | Social |
ConnectOne Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0141 | ||||
| Profit Margin | 0.42 % | ||||
| Operating Margin | 0.59 % | ||||
| Current Valuation | 1.23 B | ||||
| Number Of Shares Shorted | 2.36 K | ||||
| Price To Earning | 6.70 X | ||||
| Revenue | 315.36 M | ||||
| Gross Profit | 297.61 M | ||||
| EBITDA | 219.58 M | ||||
| Net Income | 125.21 M | ||||
| Cash And Equivalents | 387.88 M | ||||
| Cash Per Share | 9.91 X | ||||
| Total Debt | 1.01 B | ||||
| Book Value Per Share | 27.27 X | ||||
| Cash Flow From Operations | 202.27 M | ||||
| Short Ratio | 0.23 X | ||||
| Earnings Per Share | 3.15 X | ||||
| Beta | 1.15 | ||||
| Total Asset | 9.64 B | ||||
| Net Asset | 9.64 B | ||||
| Last Dividend Paid | 0.62 |
About ConnectOne Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ConnectOne Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ConnectOne Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ConnectOne Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ConnectOne Bancorp
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 ConnectOne Bancorp 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 ConnectOne Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with ConnectOne Preferred Stock
Moving against ConnectOne Preferred Stock
| 0.42 | TFC-PO | Truist Financial | PairCorr |
| 0.34 | TFC-PR | Truist Financial | PairCorr |
| 0.33 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to ConnectOne Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConnectOne Bancorp 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 ConnectOne Bancorp - 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 ConnectOne Bancorp to buy it.
The correlation of ConnectOne Bancorp 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 ConnectOne Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConnectOne Bancorp 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 ConnectOne Bancorp 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.Additional Tools for ConnectOne Preferred Stock Analysis
When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.