CBFV Property Plant Equipment vs Net Tangible 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 Property Plant Equipment and its Net Tangible 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.

Property Plant Equipment vs Net Tangible Assets

Property Plant Equipment vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CB Financial Services Property Plant Equipment account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CB Financial's Property Plant Equipment and Net Tangible Assets is 0.88. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible 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 Property Plant Equipment and Net Tangible 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 Equipment of CB Financial Services are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., CB Financial's Property Plant Equipment and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

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.
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
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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

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