Colony Property Plant And Equipment Gross vs Total Assets Analysis
CBAN Stock | USD 17.57 0.05 0.28% |
Colony Bankcorp financial indicator trend analysis is way more than just evaluating Colony Bankcorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colony Bankcorp is a good investment. Please check the relationship between Colony Bankcorp Property Plant And Equipment Gross and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colony Bankcorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Colony Stock, please use our How to Invest in Colony Bankcorp guide.
Property Plant And Equipment Gross vs Total Assets
Property Plant And Equipment Gross vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colony Bankcorp Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Colony Bankcorp's Property Plant And Equipment Gross and Total Assets is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of Colony Bankcorp, assuming nothing else is changed. The correlation between historical values of Colony Bankcorp's Property Plant And Equipment Gross and Total 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 Property Plant And Equipment Gross of Colony Bankcorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Colony Bankcorp's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Gross
Total Assets
Total assets refers to the total amount of Colony Bankcorp 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 Colony Bankcorp 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.Most indicators from Colony Bankcorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colony Bankcorp 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 Colony Bankcorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Colony Stock, please use our How to Invest in Colony Bankcorp guide.At this time, Colony Bankcorp's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.48, while Tax Provision is likely to drop about 4.4 M.
2021 | 2022 | 2024 (projected) | Interest Expense | 4.4M | 10.9M | 49.0M | Depreciation And Amortization | 3.9M | 4.4M | 3.3M |
Colony Bankcorp fundamental ratios Correlations
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Colony Bankcorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colony Bankcorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.8B | 2.7B | 2.9B | 3.1B | 3.2B | |
Short Long Term Debt Total | 91.1M | 149.9M | 88.4M | 203.4M | 238.4M | 250.4M | |
Total Current Liabilities | 14.5M | 669.6M | 5.3M | 1.8B | 1.8B | 1.9B | |
Total Stockholder Equity | 130.5M | 144.5M | 217.7M | 230.3M | 254.9M | 267.7M | |
Property Plant And Equipment Net | 32.5M | 32.1M | 43.0M | 41.6M | 41.4M | 26.8M | |
Net Debt | (16.7M) | (123.2M) | (108.8M) | 182.8M | 213.1M | 223.8M | |
Retained Earnings | 77.0M | 85.0M | 99.2M | 111.6M | 124.4M | 130.6M | |
Cash | 102.5M | 183.5M | 197.2M | 20.6M | 25.3M | 24.1M | |
Non Current Assets Total | 402.9M | 434.7M | 1.1B | 1.0B | 3.0B | 3.1B | |
Non Currrent Assets Other | (3.0M) | (134K) | (3.6M) | (28.2M) | 2.0B | 2.1B | |
Other Assets | 662.6M | 764.9M | 489.7M | 1.5B | 10.4M | 9.9M | |
Cash And Short Term Investments | 449.8M | 564.3M | 1.1B | 453.1M | 83.3M | 79.2M | |
Common Stock Shares Outstanding | 9.1M | 9.5M | 11.3M | 17.2M | 17.6M | 9.1M | |
Liabilities And Stockholders Equity | 1.5B | 1.8B | 2.7B | 2.9B | 3.1B | 3.2B | |
Other Stockholder Equity | 43.7M | 43.2M | 111.0M | 167.5M | 168.6M | 177.0M | |
Total Liab | 1.4B | 1.6B | 2.5B | 2.7B | 2.8B | 2.9B | |
Property Plant And Equipment Gross | 32.5M | 32.1M | 71.4M | 72.2M | 72.4M | 76.0M | |
Total Current Assets | 449.8M | 564.3M | 1.1B | 453.1M | 83.3M | 79.2M | |
Accumulated Other Comprehensive Income | 362K | 6.8M | (6.2M) | (66.4M) | (55.6M) | (52.9M) | |
Short Term Debt | 4M | 5M | 5.3M | 120.4M | 70.6M | 35.8M | |
Non Current Liabilities Total | 85.8M | 60.3M | 88.4M | 2.7B | 2.8B | 2.9B | |
Other Liab | 4.7M | 6.9M | 10.3M | 10.1M | 11.6M | 5.8M | |
Accounts Payable | 1.3B | 1.4B | 2.4B | 2.5B | 2.9B | 3.0B | |
Long Term Debt | 85.8M | 167.1M | 88.4M | 203.4M | 238.4M | 250.4M | |
Short Term Investments | 347.3M | 380.8M | 948.0M | 432.6M | 407.4M | 284.2M | |
Inventory | 1.3M | 1.0M | 281K | 651K | 585.9K | 556.6K | |
Property Plant Equipment | 32.5M | 32.6M | 43.0M | 41.6M | 47.8M | 29.3M | |
Good Will | 16.5M | 16.0M | 52.9M | 48.9M | 56.3M | 59.1M | |
Other Current Assets | 105.4M | 184.5M | 197.5M | 81.3M | 96.9M | 92.0M | |
Intangible Assets | 19.5M | 2.3M | 8.7M | 5.7M | 4.2M | 2.9M | |
Other Current Liab | 10.5M | 664.6M | (5.3M) | 1.7B | 1.8B | 1.9B | |
Net Tangible Assets | 111.0M | 126.2M | 156.1M | 175.7M | 202.0M | 112.3M | |
Retained Earnings Total Equity | 77.0M | 85.0M | 99.2M | 111.6M | 128.3M | 134.7M | |
Long Term Debt Total | 85.8M | 144.6M | 36.8M | 78.4M | 90.1M | 65.7M | |
Capital Surpluse | 43.7M | 43.2M | 111.0M | 167.5M | 192.7M | 202.3M | |
Long Term Investments | 1.3B | 384.1M | 952.2M | 912.2M | 873.3M | 922.3M | |
Non Current Liabilities Other | 5.3M | 29.9M | 62.6M | 137.0M | 157.5M | 165.4M |
Pair Trading with Colony Bankcorp
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 Colony Bankcorp 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 Colony Bankcorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Colony Stock
Moving against Colony Stock
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The ability to find closely correlated positions to Colony Bankcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colony Bankcorp 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 Colony Bankcorp - 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 Colony Bankcorp to buy it.
The correlation of Colony Bankcorp 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 Colony Bankcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colony Bankcorp 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 Colony Bankcorp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Colony Bankcorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Colony Stock, please use our How to Invest in Colony Bankcorp guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Colony Bankcorp. If investors know Colony 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 Colony Bankcorp 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 (0.03) | Dividend Share 0.448 | Earnings Share 1.26 | Revenue Per Share 6.202 | Quarterly Revenue Growth (0.02) |
The market value of Colony Bankcorp is measured differently than its book value, which is the value of Colony that is recorded on the company's balance sheet. Investors also form their own opinion of Colony Bankcorp's value that differs from its market value or its book value, called intrinsic value, which is Colony Bankcorp'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 Colony Bankcorp's market value can be influenced by many factors that don't directly affect Colony Bankcorp'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 Colony Bankcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colony Bankcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colony Bankcorp'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.