Citi Total Current Liabilities vs Non Current Assets Total 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 Liabilities and its Non Current Assets Total 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 Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Citi Trends Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Citi Trends' Total Current Liabilities and Non Current Assets Total is 0.79. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Liabilities and Non Current Assets Total 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 Liabilities of Citi Trends are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Citi Trends' Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Citi Trends balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Citi Trends are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 28th 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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Citi Stock analysis

When running Citi Trends' price analysis, check to measure Citi Trends' 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 Citi Trends is operating at the current time. Most of Citi Trends' value examination focuses on studying past and present price action to predict the probability of Citi Trends' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citi Trends' price. Additionally, you may evaluate how the addition of Citi Trends to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
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.