Citi Total Current Assets vs Property Plant And Equipment Gross Analysis

CTRN Stock  USD 23.32  1.25  5.66%   
Citi Trends financial indicator trend analysis is way more than just evaluating Citi Trends prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Citi Trends is a good investment. Please check the relationship between Citi Trends Total Current Assets 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 Citi Trends. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Citi Stock, please use our How to Invest in Citi Trends guide.

Total Current Assets vs Property Plant And Equipment Gross

Total Current Assets 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 Citi Trends Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Citi Trends' Total Current Assets and Property Plant And Equipment Gross is 0.15. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Citi Trends, assuming nothing else is changed. The correlation between historical values of Citi Trends' Total Current Assets 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 Total Current Assets of Citi Trends 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 Total Current Assets i.e., Citi Trends' Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Gross

Most indicators from Citi Trends' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Citi Trends 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 Citi Trends. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Citi Stock, please use our How to Invest in Citi Trends guide.As of the 27th of May 2024, Selling General Administrative is likely to drop to about 268.8 M. In addition to that, Tax Provision is likely to grow to about (3.7 M)
 2021 2022 2023 2024 (projected)
Gross Profit407.5M311.0M266.1M226.4M
Total Revenue991.6M795.0M747.9M597.1M

Citi Trends fundamental ratios Correlations

0.32-0.66-0.4-0.50.770.640.680.640.660.820.190.95-0.280.780.310.790.90.77-0.160.710.680.470.180.61-0.74
0.32-0.740.680.56-0.1-0.360.260.570.90.570.480.160.64-0.15-0.090.10.46-0.080.650.67-0.230.890.73-0.140.15
-0.66-0.74-0.21-0.03-0.39-0.16-0.39-0.49-0.84-0.85-0.58-0.56-0.33-0.360.09-0.53-0.77-0.4-0.1-0.67-0.26-0.83-0.72-0.310.25
-0.40.68-0.210.95-0.75-0.86-0.28-0.010.34-0.160.28-0.490.84-0.77-0.21-0.62-0.2-0.730.770.11-0.820.510.61-0.710.74
-0.50.56-0.030.95-0.87-0.94-0.33-0.030.22-0.320.27-0.590.82-0.9-0.26-0.71-0.31-0.860.780.03-0.920.370.44-0.830.77
0.77-0.1-0.39-0.75-0.870.920.520.390.270.71-0.030.81-0.630.980.270.940.660.99-0.540.380.980.09-0.120.94-0.87
0.64-0.36-0.16-0.86-0.940.920.260.1-0.020.49-0.190.71-0.760.950.260.820.480.93-0.570.170.94-0.1-0.320.85-0.88
0.680.26-0.39-0.28-0.330.520.260.850.530.590.10.64-0.220.510.360.520.520.49-0.30.50.460.10.140.38-0.37
0.640.57-0.49-0.01-0.030.390.10.850.780.650.210.56-0.040.340.320.50.560.350.110.680.290.390.240.25-0.36
0.660.9-0.840.340.220.27-0.020.530.780.790.490.550.350.220.10.440.760.260.410.830.120.870.640.15-0.24
0.820.57-0.85-0.16-0.320.710.490.590.650.790.480.73-0.020.68-0.040.850.830.71-0.040.750.620.660.410.62-0.56
0.190.48-0.580.280.27-0.03-0.190.10.210.490.480.150.45-0.07-0.680.240.44-0.050.20.43-0.110.550.4-0.060.11
0.950.16-0.56-0.49-0.590.810.710.640.560.550.730.15-0.380.820.430.780.90.79-0.280.610.710.360.150.61-0.82
-0.280.64-0.330.840.82-0.63-0.76-0.22-0.040.35-0.020.45-0.38-0.64-0.36-0.46-0.04-0.610.510.04-0.70.530.72-0.590.65
0.78-0.15-0.36-0.77-0.90.980.950.510.340.220.68-0.070.82-0.640.30.910.640.98-0.570.330.970.05-0.120.89-0.88
0.31-0.090.09-0.21-0.260.270.260.360.320.1-0.04-0.680.43-0.360.30.030.140.24-0.130.080.21-0.120.00.1-0.43
0.790.1-0.53-0.62-0.710.940.820.520.50.440.850.240.78-0.460.910.030.730.93-0.390.520.910.27-0.040.89-0.82
0.90.46-0.77-0.2-0.310.660.480.520.560.760.830.440.9-0.040.640.140.730.65-0.040.730.540.660.40.53-0.62
0.77-0.08-0.4-0.73-0.860.990.930.490.350.260.71-0.050.79-0.610.980.240.930.65-0.520.370.980.11-0.110.95-0.84
-0.160.65-0.10.770.78-0.54-0.57-0.30.110.41-0.040.2-0.280.51-0.57-0.13-0.39-0.04-0.520.41-0.610.570.27-0.560.38
0.710.67-0.670.110.030.380.170.50.680.830.750.430.610.040.330.080.520.730.370.410.260.720.30.27-0.39
0.68-0.23-0.26-0.82-0.920.980.940.460.290.120.62-0.110.71-0.70.970.210.910.540.98-0.610.26-0.04-0.250.96-0.83
0.470.89-0.830.510.370.09-0.10.10.390.870.660.550.360.530.05-0.120.270.660.110.570.72-0.040.70.05-0.08
0.180.73-0.720.610.44-0.12-0.320.140.240.640.410.40.150.72-0.120.0-0.040.4-0.110.270.3-0.250.7-0.190.2
0.61-0.14-0.31-0.71-0.830.940.850.380.250.150.62-0.060.61-0.590.890.10.890.530.95-0.560.270.960.05-0.19-0.73
-0.740.150.250.740.77-0.87-0.88-0.37-0.36-0.24-0.560.11-0.820.65-0.88-0.43-0.82-0.62-0.840.38-0.39-0.83-0.080.2-0.73
Click cells to compare fundamentals

Citi Trends Account Relationship Matchups

Citi Trends fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets459.1M494.6M474.0M544.3M583.0M315.6M
Total Stockholder Equity171.0M163.6M116.1M166.4M157.7M159.9M
Other Assets7.4M7.0M4.3M4.1M3.7M5.0M
Common Stock Shares Outstanding11.7M10.3M9.0M8.2M8.2M10.0M
Liabilities And Stockholders Equity459.1M494.6M474.0M544.3M583.0M315.6M
Other Stockholder Equity(15.9M)(46.4M)(156.2M)(164.8M)(161.5M)(153.4M)
Total Liab288.1M331.0M357.9M377.8M425.3M446.6M
Net Debt158.3M69.6M166.3M164.1M154.9M162.7M
Cash19.9M123.2M49.8M103.5M79.7M48.1M
Cash And Short Term Investments47.5M123.2M49.8M103.5M79.7M69.4M
Total Current Assets201.2M244.4M192.6M222.9M225.1M197.6M
Other Current Liab554K5.1M40.4M26.9M23.3M19.6M
Total Current Liabilities150.9M182.8M187.5M160.6M169.9M112.5M
Other Liab1.9M2.3M2.1M2.3M2.1M2.0M
Property Plant And Equipment Net234.8M243.2M277.1M317.3M287.5M301.9M
Current Deferred Revenue27.8M45.9M364K344K384K364.8K
Retained Earnings186.8M209.9M272.2M331.1M319.1M335.0M
Accounts Payable79.6M84.8M98.9M80.7M100.4M72.4M
Non Current Assets Total257.9M250.2M281.4M321.4M357.9M375.8M
Non Currrent Assets Other7.4M769K1.3M1.2M1.0M954.8K
Non Current Liabilities Total137.2M148.1M170.4M217.3M255.4M268.2M
Inventory138.3M103.8M123.8M105.8M130.4M118.3M
Other Current Assets15.5M17.4M15.0M13.6M10.8M15.5M
Property Plant And Equipment Gross234.8M243.2M277.1M317.3M564.0M592.2M
Property Plant Equipment65.0M243.2M277.1M317.3M364.9M383.1M
Net Tangible Assets171.0M163.6M116.1M166.4M149.8M150.1M
Non Current Liabilities Other137.2M2.3M2.1M2.3M2.3M2.2M
Net Invested Capital171.0M163.6M116.1M166.4M157.7M133.9M

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When determining whether Citi Trends offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citi Trends' 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 Citi Trends Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citi Trends Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citi Trends. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Citi Stock, please use our How to Invest in Citi Trends guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is Citi Trends' 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 Citi Trends. If investors know Citi 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 Citi Trends 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
(0.48)
Earnings Share
(1.46)
Revenue Per Share
90.979
Quarterly Revenue Growth
0.027
Return On Assets
(0.02)
The market value of Citi Trends is measured differently than its book value, which is the value of Citi that is recorded on the company's balance sheet. Investors also form their own opinion of Citi Trends' value that differs from its market value or its book value, called intrinsic value, which is Citi Trends' 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 Citi Trends' market value can be influenced by many factors that don't directly affect Citi Trends' 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 Citi Trends' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citi Trends is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citi Trends' 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.