Citizens Other Non Cash Items vs Change To Inventory Analysis

CZNC Stock  USD 20.48  0.33  1.64%   
Citizens Northern financial indicator trend analysis is way more than just evaluating Citizens Northern Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citizens Northern Corp is a good investment. Please check the relationship between Citizens Northern Other Non Cash Items and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Northern Corp. 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.

Other Non Cash Items vs Change To Inventory

Other Non Cash Items vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citizens Northern Corp Other Non Cash Items account and Change To Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Citizens Northern's Other Non Cash Items and Change To Inventory is 0.3. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Citizens Northern Corp, assuming nothing else is changed. The correlation between historical values of Citizens Northern's Other Non Cash Items and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Citizens Northern Corp are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Other Non Cash Items i.e., Citizens Northern's Other Non Cash Items and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Citizens Northern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citizens Northern Corp 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 Northern Corp. 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 December 1, 2024, Selling General Administrative is expected to decline to about 9.6 M. In addition to that, Tax Provision is expected to decline to about 6 M
 2021 2022 2023 2024 (projected)
Interest Expense6.6M9.5M33.1M34.8M
Depreciation And Amortization2.7M2.8M2.2M1.9M

Citizens Northern fundamental ratios Correlations

0.590.90.890.260.890.730.330.3-0.240.550.930.910.960.290.71.00.750.010.420.31-0.080.340.870.540.53
0.590.260.530.910.410.070.420.38-0.440.110.690.420.460.420.520.620.62-0.31-0.070.440.120.640.30.740.21
0.90.260.83-0.080.910.780.140.130.020.640.710.930.960.090.450.880.530.220.630.11-0.140.220.820.270.62
0.890.530.830.210.80.710.450.43-0.140.590.790.920.90.390.530.880.690.280.30.40.120.260.690.660.75
0.260.91-0.080.210.17-0.340.410.39-0.48-0.050.390.110.120.430.270.30.41-0.34-0.30.460.060.71-0.060.58-0.01
0.890.410.910.80.170.520.270.27-0.080.710.70.940.930.220.40.870.610.30.490.27-0.270.420.680.40.63
0.730.070.780.71-0.340.520.040.010.080.380.650.660.75-0.010.580.710.460.110.53-0.030.14-0.230.840.260.47
0.330.420.140.450.410.270.041.0-0.820.340.460.250.210.990.550.350.7-0.09-0.620.99-0.060.430.230.450.14
0.30.380.130.430.390.270.011.0-0.820.320.430.250.190.990.510.320.66-0.08-0.630.99-0.080.450.220.390.11
-0.24-0.440.02-0.14-0.48-0.080.08-0.82-0.82-0.04-0.460.0-0.04-0.87-0.63-0.26-0.580.590.67-0.860.2-0.47-0.27-0.160.34
0.550.110.640.59-0.050.710.380.340.32-0.040.370.630.650.250.30.530.560.330.330.29-0.570.220.40.310.66
0.930.690.710.790.390.70.650.460.43-0.460.370.730.810.440.870.940.78-0.250.170.46-0.050.350.880.560.28
0.910.420.930.920.110.940.660.250.250.00.630.730.960.190.380.890.560.360.490.22-0.040.280.70.490.74
0.960.460.960.90.120.930.750.210.19-0.040.650.810.960.150.540.950.670.210.570.18-0.080.260.80.510.69
0.290.420.090.390.430.22-0.010.990.99-0.870.250.440.190.150.540.310.66-0.17-0.670.99-0.060.450.220.370.03
0.70.520.450.530.270.40.580.550.51-0.630.30.870.380.540.540.720.82-0.44-0.050.54-0.120.210.80.440.03
1.00.620.880.880.30.870.710.350.32-0.260.530.940.890.950.310.720.76-0.010.390.33-0.070.350.870.570.51
0.750.620.530.690.410.610.460.70.66-0.580.560.780.560.670.660.820.76-0.08-0.020.67-0.080.40.60.690.41
0.01-0.310.220.28-0.340.30.11-0.09-0.080.590.33-0.250.360.21-0.17-0.44-0.01-0.080.31-0.160.2-0.18-0.170.190.68
0.42-0.070.630.3-0.30.490.53-0.62-0.630.670.330.170.490.57-0.67-0.050.39-0.020.31-0.63-0.05-0.080.38-0.020.45
0.310.440.110.40.460.27-0.030.990.99-0.860.290.460.220.180.990.540.330.67-0.16-0.63-0.110.530.230.370.04
-0.080.12-0.140.120.06-0.270.14-0.06-0.080.2-0.57-0.05-0.04-0.08-0.06-0.12-0.07-0.080.2-0.05-0.11-0.25-0.150.320.18
0.340.640.220.260.710.42-0.230.430.45-0.470.220.350.280.260.450.210.350.4-0.18-0.080.53-0.250.090.17-0.01
0.870.30.820.69-0.060.680.840.230.22-0.270.40.880.70.80.220.80.870.6-0.170.380.23-0.150.090.230.23
0.540.740.270.660.580.40.260.450.39-0.160.310.560.490.510.370.440.570.690.19-0.020.370.320.170.230.63
0.530.210.620.75-0.010.630.470.140.110.340.660.280.740.690.030.030.510.410.680.450.040.18-0.010.230.63
Click cells to compare fundamentals

Citizens Northern Account Relationship Matchups

Citizens Northern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.2B2.3B2.5B2.5B1.4B
Short Long Term Debt Total142.9M89.2M77.6M258.8M209.4M121.9M
Total Stockholder Equity244.5M299.8M301.4M249.3M262.4M170.4M
Property Plant And Equipment Net17.2M21.5M20.7M21.6M25.2M17.8M
Net Debt107.7M(12.6M)(27.4M)203.7M152.5M91.9M
Retained Earnings126.5M129.7M142.6M151.7M157.0M100.8M
Cash35.2M101.9M104.9M55.0M56.9M41.0M
Non Current Assets Total393.5M427.2M594.2M575.0M2.5B2.6B
Non Currrent Assets Other(2.6M)(2.7M)(5.9M)(20.9M)2.4B2.5B
Other Assets873.7M1.4B1.1B1.3B(577.1M)(548.3M)
Cash And Short Term Investments381.9M451.2M622.6M553.1M537.5M564.4M
Net Receivables5.0M8.3M7.2M8.7M9.1M5.7M
Common Stock Shares Outstanding13.3M14.7M15.8M15.5M15.2M11.8M
Liabilities And Stockholders Equity1.7B2.2B2.3B2.5B2.5B1.4B
Non Current Liabilities Total142.9M89.2M77.6M102.6M2.3B2.4B
Other Stockholder Equity(126.5M)142.3M137.7M131.4M127.8M134.1M
Total Liab1.4B1.9B2.0B2.2B2.3B1.2B
Property Plant And Equipment Gross17.2M21.5M52.2M52.4M51.4M54.0M
Total Current Assets386.9M459.5M629.9M561.7M604.0M516.0M
Accumulated Other Comprehensive Income3.7M11.8M5.0M(49.9M)(38.4M)(36.5M)
Common Stock240.8M288.0M296.4M299.2M16.0M15.2M
Total Current Liabilities96.5M45.8M23.6M102.6M848.8M891.2M
Accounts Payable12.2M27.7M23.6M25.6M29.4M28.0M
Short Term Debt84.3M18.1M1.8M77M63.7M66.8M
Other Liab10.2M27.7M23.6M17.4M20.0M11.3M
Long Term Debt6.5M16.6M77.6M181.8M145.7M84.7M
Short Term Investments346.7M349.3M517.7M498.0M480.6M355.1M
Inventory(47.2M)(117.3M)(122.0M)(64.0M)47.7M50.1M
Treasury Stock(4.2M)(1.4M)(6.7M)(12.5M)(11.3M)(10.7M)
Property Plant Equipment17.2M21.5M20.7M21.6M24.8M20.0M
Other Current Assets47.2M117.3M122.0M64.0M66.5M63.2M
Intangible Assets1.2M3.9M3.3M2.9M2.5M1.9M
Other Current Liab(96.5M)(45.8M)(45.5M)(102.6M)(63.7M)(60.5M)
Net Tangible Assets214.8M243.4M245.6M193.9M223.0M208.9M
Retained Earnings Total Equity126.5M129.7M142.6M151.7M174.5M127.7M
Long Term Debt Total6.5M16.6M47.7M39.4M35.4M39.2M
Capital Surpluse104.5M143.6M144.5M144.0M165.5M101.1M
Long Term Investments1.5B2.0B517.7M498.0M415.8M395.0M

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When determining whether Citizens Northern Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens Northern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citizens Northern Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Northern Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Northern Corp. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Citizens Northern. If investors know Citizens 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 Citizens Northern 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
(0.17)
Dividend Share
1.12
Earnings Share
1.44
Revenue Per Share
6.689
Quarterly Revenue Growth
(0.05)
The market value of Citizens Northern Corp is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Northern's value that differs from its market value or its book value, called intrinsic value, which is Citizens Northern'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 Citizens Northern's market value can be influenced by many factors that don't directly affect Citizens Northern'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 Citizens Northern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Northern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Northern'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.