CBFV Net Tangible Assets vs Total Assets Analysis

CBFV Stock  USD 31.72  0.08  0.25%   
CB Financial financial indicator trend analysis is way more than just evaluating CB Financial Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CB Financial Services is a good investment. Please check the relationship between CB Financial Net Tangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CB Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CB Financial Services Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CB Financial's Net Tangible Assets and Total Assets is 0.89. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of CB Financial Services, assuming nothing else is changed. The correlation between historical values of CB Financial's Net Tangible Assets 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 Net Tangible Assets of CB Financial Services 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 Net Tangible Assets i.e., CB Financial's Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of CB Financial 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 CB Financial Services 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 CB Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CB Financial Services 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 CB Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to drop to about 14.4 M in 2024. Tax Provision is likely to drop to about 2.1 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense3.4M4.8M17.7M18.6M
Depreciation And Amortization2.9M2.7M2.7M1.6M

CB Financial fundamental ratios Correlations

0.560.30.270.960.94-0.60.87-0.430.80.380.290.270.770.760.970.940.24-0.140.971.00.830.530.140.970.9
0.560.10.080.670.710.070.43-0.640.290.160.080.190.490.330.640.650.05-0.090.650.540.460.40.370.680.65
0.30.10.890.320.35-0.020.46-0.170.050.910.89-0.78-0.180.690.380.270.890.00.280.290.60.17-0.550.310.29
0.270.080.890.250.24-0.10.46-0.170.10.990.99-0.6-0.280.740.340.231.0-0.290.20.270.64-0.21-0.620.260.26
0.960.670.320.250.98-0.480.86-0.490.70.370.270.20.740.710.970.950.22-0.080.980.950.760.580.20.970.89
0.940.710.350.240.98-0.420.85-0.510.660.360.270.140.730.710.950.940.21-0.110.970.930.760.640.210.960.84
-0.60.07-0.02-0.1-0.48-0.42-0.36-0.03-0.91-0.16-0.14-0.39-0.58-0.49-0.45-0.56-0.080.36-0.54-0.61-0.48-0.19-0.11-0.47-0.51
0.870.430.460.460.860.85-0.36-0.350.490.550.480.040.470.790.880.810.45-0.250.80.870.790.32-0.060.830.66
-0.43-0.64-0.17-0.17-0.49-0.51-0.03-0.35-0.22-0.27-0.120.05-0.46-0.39-0.54-0.5-0.160.03-0.52-0.42-0.44-0.30.09-0.56-0.51
0.80.290.050.10.70.66-0.910.49-0.220.180.120.440.760.550.690.770.06-0.290.760.810.630.380.240.710.77
0.380.160.910.990.370.36-0.160.55-0.270.180.98-0.57-0.150.820.460.350.98-0.280.330.380.73-0.09-0.590.380.37
0.290.080.890.990.270.27-0.140.48-0.120.120.98-0.58-0.280.760.350.260.99-0.350.220.290.65-0.2-0.60.270.25
0.270.19-0.78-0.60.20.14-0.390.040.050.44-0.57-0.580.51-0.130.160.26-0.61-0.190.240.27-0.06-0.060.530.230.21
0.770.49-0.18-0.280.740.73-0.580.47-0.460.76-0.15-0.280.510.330.680.76-0.320.00.80.770.490.710.510.750.75
0.760.330.690.740.710.71-0.490.79-0.390.550.820.76-0.130.330.780.730.73-0.330.720.770.930.18-0.380.750.65
0.970.640.380.340.970.95-0.450.88-0.540.690.460.350.160.680.780.940.32-0.090.970.970.830.510.030.990.9
0.940.650.270.230.950.94-0.560.81-0.50.770.350.260.260.760.730.940.21-0.220.960.940.810.540.130.950.84
0.240.050.891.00.220.21-0.080.45-0.160.060.980.99-0.61-0.320.730.320.21-0.290.170.240.62-0.24-0.640.230.23
-0.14-0.090.0-0.29-0.08-0.110.36-0.250.03-0.29-0.28-0.35-0.190.0-0.33-0.09-0.22-0.29-0.05-0.15-0.330.440.01-0.060.04
0.970.650.280.20.980.97-0.540.8-0.520.760.330.220.240.80.720.970.960.17-0.050.960.780.630.160.990.92
1.00.540.290.270.950.93-0.610.87-0.420.810.380.290.270.770.770.970.940.24-0.150.960.840.530.140.970.9
0.830.460.60.640.760.76-0.480.79-0.440.630.730.65-0.060.490.930.830.810.62-0.330.780.840.31-0.240.820.78
0.530.40.17-0.210.580.64-0.190.32-0.30.38-0.09-0.2-0.060.710.180.510.54-0.240.440.630.530.310.370.560.54
0.140.37-0.55-0.620.20.21-0.11-0.060.090.24-0.59-0.60.530.51-0.380.030.13-0.640.010.160.14-0.240.370.10.17
0.970.680.310.260.970.96-0.470.83-0.560.710.380.270.230.750.750.990.950.23-0.060.990.970.820.560.10.92
0.90.650.290.260.890.84-0.510.66-0.510.770.370.250.210.750.650.90.840.230.040.920.90.780.540.170.92
Click cells to compare fundamentals

CB Financial Account Relationship Matchups

CB Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.4B1.5B967.1M
Short Long Term Debt Total44.6M49.1M56.9M22.7M34.7M40.7M
Other Current Liab(7.5M)(49.6M)(48.1M)(15.6M)979.6M1.0B
Total Current Liabilities7.5M49.6M48.1M15.6M979.6M1.0B
Total Stockholder Equity151.1M134.5M133.1M110.2M139.8M93.1M
Property Plant And Equipment Net22.3M20.3M18.4M17.8M21.4M13.6M
Net Debt(66.2M)(119.9M)(62.8M)(81.0M)(33.5M)(31.9M)
Retained Earnings67.0M51.1M57.5M63.9M83.4M51.5M
Accounts Payable7.5M8.6M8.9M7.6M6.8M6.5M
Cash80.2M160.9M119.7M103.7M68.2M50.4M
Non Current Assets Total257.1M183.8M258.4M221.1M1.4B1.5B
Non Currrent Assets Other(5.1M)(4.6M)(4.5M)(11.8M)1.1B1.2B
Other Assets769.5M913.9M812.4M875.6M2.8M2.6M
Cash And Short Term Investments277.6M303.8M341.8M291.1M68.2M64.8M
Net Receivables17.4M15.2M12.9M21.1M24.3M25.5M
Common Stock Shares Outstanding5.4M5.4M5.4M5.1M5.1M4.2M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.4B1.5B991.5M
Non Current Liabilities Total14M6M17.6M15.6M1.3B1.4B
Other Current Assets83.7M165.0M123.1M107.7M73.5M69.8M
Other Stockholder Equity79.1M77.6M74.2M70.2M70.8M42.5M
Total Liab1.2B1.3B1.3B1.3B1.3B874.0M
Property Plant And Equipment Gross22.3M20.3M34.3M34.3M36.7M38.5M
Total Current Assets295.0M319.0M354.6M312.2M68.2M64.8M
Accumulated Other Comprehensive Income2.6M3.4M(927K)(26.2M)(16.7M)(15.9M)
Short Term Debt30.6M41.1M39.3M8.1M355K337.3K
Other Liab5.2M6.6M7.5M4.9M5.6M4.9M
Long Term Debt14M6M17.6M14.6M14.7M17.7M
Short Term Investments197.4M142.9M222.1M187.4M204.5M161.0M
Inventory(83.7M)(165.0M)(123.1M)(107.7M)(96.9M)(92.1M)
Treasury Stock(3.8M)(5.1M)(9.1M)(13.8M)(12.4M)(11.8M)
Intangible Assets9.0M8.4M5.3M3.5M958K910.1K
Property Plant Equipment22.3M21.5M18.4M17.8M20.5M16.5M
Net Tangible Assets113.7M116.4M118.1M96.9M111.4M104.9M
Retained Earnings Total Equity67.0M51.1M57.5M63.9M73.4M60.5M
Long Term Debt Total14M8M17.6M14.6M13.2M15.1M
Capital Surpluse83.0M82.7M83.3M84.0M96.5M71.3M
Long Term Investments942.6M145.4M225.0M190.1M207.1M196.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CBFV Stock Analysis

When running CB Financial's price analysis, check to measure CB Financial'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 CB Financial is operating at the current time. Most of CB Financial's value examination focuses on studying past and present price action to predict the probability of CB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CB Financial's price. Additionally, you may evaluate how the addition of CB Financial to your portfolios can decrease your overall portfolio volatility.