Canandaigua National Corporation
Canandaigua National Corporation operates as the bank holding company for The Canandaigua National Bank & Trust Company and Canandaigua National Trust Company of Florida that provides various banking and financial services. The company offers checking, savings, and certificate of deposit accounts, trust, investment, and insurance services to individuals, corporations, and municipalities, as well … Read more
Canandaigua National Corporation (CNND) - Total Assets
Latest total assets as of December 2024: $5.07 Billion USD
Based on the latest financial reports, Canandaigua National Corporation (CNND) holds total assets worth $5.07 Billion USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Canandaigua National Corporation - Total Assets Trend (2003–2024)
This chart illustrates how Canandaigua National Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canandaigua National Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Canandaigua National Corporation's total assets of $5.07 Billion consist of 3.9% current assets and 96.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $8.82 Million | 0.2% |
Asset Composition Trend (2003–2024)
This chart illustrates how Canandaigua National Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canandaigua National Corporation's current assets represent 3.9% of total assets in 2024, a decrease from 5.0% in 2003.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2024, down from 4.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is goodwill at 0.2% of total assets.
Canandaigua National Corporation Competitors by Total Assets
Key competitors of Canandaigua National Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Canandaigua National Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Canandaigua National Corporation generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Canandaigua National Corporation generates $ 0.88 in net profit.
Canandaigua National Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.90 | 0.16 |
| Quick Ratio | 0.08 | 0.90 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.32 Billion | $ -6.33 Million | $ -503.92 Million |
Canandaigua National Corporation - Advanced Valuation Insights
This section examines the relationship between Canandaigua National Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.60 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | $5.07 Billion |
| Market Capitalization | $303.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Canandaigua National Corporation's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Canandaigua National Corporation's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Canandaigua National Corporation (2003–2024)
The table below shows the annual total assets of Canandaigua National Corporation from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.07 Billion | +3.59% |
| 2023-12-31 | $4.90 Billion | +2.87% |
| 2022-12-31 | $4.76 Billion | +14.03% |
| 2021-12-31 | $4.18 Billion | +14.43% |
| 2020-12-31 | $3.65 Billion | +20.62% |
| 2019-12-31 | $3.02 Billion | +5.68% |
| 2018-12-31 | $2.86 Billion | +7.54% |
| 2017-12-31 | $2.66 Billion | +7.50% |
| 2016-12-31 | $2.48 Billion | +9.01% |
| 2015-12-31 | $2.27 Billion | +7.27% |
| 2014-12-31 | $2.12 Billion | +7.87% |
| 2013-12-31 | $1.96 Billion | +4.03% |
| 2012-12-31 | $1.89 Billion | +7.13% |
| 2011-12-31 | $1.76 Billion | +6.02% |
| 2010-12-31 | $1.66 Billion | +6.10% |
| 2009-12-31 | $1.57 Billion | +10.36% |
| 2008-12-31 | $1.42 Billion | +12.95% |
| 2007-12-31 | $1.26 Billion | +4.18% |
| 2006-12-31 | $1.21 Billion | +12.51% |
| 2005-12-31 | $1.07 Billion | +9.96% |
| 2004-12-31 | $974.76 Million | +7.38% |
| 2003-12-31 | $907.77 Million | -- |