Citizens Net Receivables vs Property Plant And Equipment Gross Analysis

CFG-PH Stock   27.03  0.02  0.07%   
Citizens Financial financial indicator trend analysis is way more than just evaluating Citizens Financial Group, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens Financial Group, is a good investment. Please check the relationship between Citizens Financial Net Receivables and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Property Plant And Equipment Gross

Net Receivables vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Financial Group, Net Receivables account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Citizens Financial's Net Receivables and Property Plant And Equipment Gross is 0.44. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Citizens Financial Group,, assuming nothing else is changed. The correlation between historical values of Citizens Financial's Net Receivables and Property Plant And Equipment Gross 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 Receivables of Citizens Financial Group, are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Citizens Financial's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Property Plant And Equipment Gross

Most indicators from Citizens Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens Financial Group, 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 Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of now, Citizens Financial's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Net Interest Income4.5B6.0B6.2B5.9B
Tax Provision658M582M422M523.3M

Citizens Financial fundamental ratios Correlations

-0.96-0.44-0.260.45-0.08-0.51-0.45-0.570.650.350.42-0.37-0.270.42-0.43-0.41-0.580.1-0.530.14-0.36-0.43-0.36-0.48-0.35
-0.960.530.39-0.37-0.030.540.480.59-0.67-0.44-0.490.50.4-0.430.510.490.5-0.320.37-0.350.480.530.470.50.44
-0.440.530.94-0.750.320.870.960.96-0.72-0.97-0.990.970.94-0.80.990.980.78-0.31-0.02-0.560.991.00.990.950.93
-0.260.390.94-0.570.20.670.860.84-0.47-0.98-0.940.981.0-0.610.920.90.58-0.37-0.28-0.690.950.950.980.880.83
0.45-0.37-0.75-0.57-0.8-0.89-0.89-0.790.610.690.8-0.58-0.550.93-0.8-0.8-0.95-0.35-0.19-0.12-0.69-0.73-0.7-0.85-0.81
-0.08-0.030.320.2-0.80.560.540.29-0.12-0.29-0.420.120.17-0.720.410.450.590.71-0.130.560.310.30.310.450.54
-0.510.540.870.67-0.890.560.930.87-0.85-0.74-0.870.730.67-0.970.910.930.87-0.080.18-0.180.850.860.810.850.94
-0.450.480.960.86-0.890.540.930.94-0.7-0.92-0.980.880.85-0.90.980.980.88-0.060.02-0.330.940.960.940.970.95
-0.570.590.960.84-0.790.290.870.94-0.8-0.91-0.950.90.84-0.780.940.910.89-0.210.26-0.470.890.950.910.970.83
0.65-0.67-0.72-0.470.61-0.12-0.85-0.7-0.80.540.67-0.62-0.480.72-0.72-0.72-0.750.35-0.550.33-0.66-0.71-0.62-0.67-0.68
0.35-0.44-0.97-0.980.69-0.29-0.74-0.92-0.910.540.97-0.98-0.980.69-0.95-0.92-0.710.250.140.6-0.95-0.97-0.99-0.95-0.85
0.42-0.49-0.99-0.940.8-0.42-0.87-0.98-0.950.670.97-0.95-0.930.83-0.99-0.98-0.810.190.050.48-0.97-0.99-0.99-0.97-0.93
-0.370.50.970.98-0.580.120.730.880.9-0.62-0.98-0.950.98-0.640.940.910.64-0.45-0.11-0.740.970.970.980.90.83
-0.270.40.941.0-0.550.170.670.850.84-0.48-0.98-0.930.98-0.60.920.890.56-0.41-0.27-0.720.960.950.980.870.83
0.42-0.43-0.8-0.610.93-0.72-0.97-0.9-0.780.720.690.83-0.64-0.6-0.86-0.89-0.85-0.09-0.070.02-0.79-0.79-0.75-0.8-0.93
-0.430.510.990.92-0.80.410.910.980.94-0.72-0.95-0.990.940.92-0.860.990.8-0.24-0.04-0.490.980.990.980.950.96
-0.410.490.980.9-0.80.450.930.980.91-0.72-0.92-0.980.910.89-0.890.990.78-0.23-0.08-0.450.980.980.970.920.98
-0.580.50.780.58-0.950.590.870.880.89-0.75-0.71-0.810.640.56-0.850.80.780.220.43-0.020.680.770.710.90.74
0.1-0.32-0.31-0.37-0.350.71-0.08-0.06-0.210.350.250.19-0.45-0.41-0.09-0.24-0.230.220.10.88-0.37-0.32-0.31-0.06-0.17
-0.530.37-0.02-0.28-0.19-0.130.180.020.26-0.550.140.05-0.11-0.27-0.07-0.04-0.080.430.10.18-0.17-0.03-0.150.11-0.15
0.14-0.35-0.56-0.69-0.120.56-0.18-0.33-0.470.330.60.48-0.74-0.720.02-0.49-0.45-0.020.880.18-0.6-0.58-0.6-0.39-0.34
-0.360.480.990.95-0.690.310.850.940.89-0.66-0.95-0.970.970.96-0.790.980.980.68-0.37-0.17-0.60.990.990.90.95
-0.430.531.00.95-0.730.30.860.960.95-0.71-0.97-0.990.970.95-0.790.990.980.77-0.32-0.03-0.580.990.990.950.92
-0.360.470.990.98-0.70.310.810.940.91-0.62-0.99-0.990.980.98-0.750.980.970.71-0.31-0.15-0.60.990.990.940.91
-0.480.50.950.88-0.850.450.850.970.97-0.67-0.95-0.970.90.87-0.80.950.920.9-0.060.11-0.390.90.950.940.86
-0.350.440.930.83-0.810.540.940.950.83-0.68-0.85-0.930.830.83-0.930.960.980.74-0.17-0.15-0.340.950.920.910.86
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When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial'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.