Citizens Historical Income Statement
| CIA Stock | USD 2.11 0.03 1.40% |
Historical analysis of Citizens income statement accounts such as Total Revenue of 148.1 M, Gross Profit of 148.1 M or Other Operating Expenses of 140.9 M can show how well Citizens performed in making a profits. Evaluating Citizens income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citizens's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Citizens latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Citizens is a good buy for the upcoming year.
Citizens |
About Citizens Income Statement Analysis
Citizens Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Citizens shareholders. The income statement also shows Citizens investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Citizens Income Statement Chart
Citizens Income Statement is one of the three primary financial statements used for reporting Citizens's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Citizens revenue and expense. Citizens Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Citizens' Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to 0.00, whereas Total Revenue is forecasted to decline to about 148.1 M. Add Fundamental
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Citizens minus its cost of goods sold. It is profit before Citizens operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Citizens. It is also known as Citizens overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Citizens' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citizens current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.At present, Citizens' Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to 0.00, whereas Total Revenue is forecasted to decline to about 148.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 250.5M | 232.5M | 240.7M | 148.1M | Total Revenue | 250.5M | 232.5M | 240.7M | 148.1M |
Citizens income statement Correlations
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Citizens Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Citizens income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 250.5M | 238.9M | 250.5M | 232.5M | 240.7M | 148.1M | |
| Gross Profit | 250.5M | 238.9M | 250.5M | 232.5M | 240.7M | 148.1M | |
| Other Operating Expenses | 244.8M | 251.2M | 257.0M | 239.8M | 214.5M | 140.9M | |
| Operating Income | 4.3M | (75.8M) | 4.4M | (7.1M) | 26.2M | 27.5M | |
| Ebit | 2.0M | 4.3M | (75.8M) | 4.4M | (7.1M) | 0.0 | |
| Ebitda | 6.0M | (74.4M) | 5.6M | (6.5M) | 1.1M | 1.1M | |
| Total Operating Expenses | (246.2M) | (314.7M) | (246.1M) | (239.6M) | 74.1M | 77.8M | |
| Net Income | (1.4M) | (11.0M) | (50.2M) | (7.5M) | 24.4M | 25.7M | |
| Income Tax Expense | 7.1M | (1.3M) | 43.5M | 429K | 1.7M | 1.7M | |
| Income Before Tax | 5.7M | (12.3M) | (6.7M) | (7.1M) | 26.2M | 27.5M | |
| Total Other Income Expense Net | 1.4M | 63.5M | (11.1M) | 58.8M | 26.2M | 27.5M | |
| Depreciation And Amortization | 1.7M | 1.4M | 1.1M | 536K | 1.1M | 1.1M | |
| Selling General Administrative | 48.4M | 53.7M | 43.4M | 45.2M | 47.1M | 41.8M | |
| Cost Of Revenue | 191.9M | 194.8M | 1.8M | 1.2M | 1.4M | 1.3M | |
| Net Income Applicable To Common Shares | (1.4M) | (11.0M) | 36.8M | (6.6M) | (6.0M) | (5.7M) | |
| Net Income From Continuing Ops | (1.4M) | (11.0M) | 36.8M | (6.6M) | 24.4M | 25.7M | |
| Tax Provision | 7.1M | (1.3M) | (43.5M) | (429K) | 1.7M | 1.6M | |
| Reconciled Depreciation | 1.7M | 1.4M | 1.1M | 536K | 515K | 489.3K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Citizens in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Citizens' short interest history, or implied volatility extrapolated from Citizens options trading.
Pair Trading with Citizens
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 Citizens 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 Citizens will appreciate offsetting losses from the drop in the long position's value.Moving together with Citizens Stock
| 0.62 | FG | FG Annuities Life | PairCorr |
| 0.68 | GL | Globe Life | PairCorr |
Moving against Citizens Stock
| 0.77 | AFL | Aflac Incorporated | PairCorr |
| 0.75 | MET | MetLife | PairCorr |
| 0.74 | MET-PA | MetLife Preferred Stock | PairCorr |
| 0.71 | AEL | American Equity Inve Earnings Call Tomorrow | PairCorr |
| 0.6 | LNC | Lincoln National Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Citizens could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citizens 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 Citizens - 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 Citizens to buy it.
The correlation of Citizens 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 Citizens moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens 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 Citizens 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 Citizens. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Citizens Stock analysis
When running Citizens' price analysis, check to measure Citizens' 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 Citizens is operating at the current time. Most of Citizens' value examination focuses on studying past and present price action to predict the probability of Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citizens' price. Additionally, you may evaluate how the addition of Citizens to your portfolios can decrease your overall portfolio volatility.
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Is Citizens' industry 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. 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 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 (0.22) | Earnings Share 0.48 | Revenue Per Share 4.843 | Quarterly Revenue Growth (0.01) | Return On Assets 0.01 |
The market value of Citizens 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' value that differs from its market value or its book value, called intrinsic value, which is Citizens' 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' market value can be influenced by many factors that don't directly affect Citizens' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens' 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.