Compagnie Other Assets vs Retained Earnings Analysis

0NW1 Stock   8.07  0.12  1.51%   
Compagnie Plastic financial indicator trend analysis is way more than just evaluating Compagnie Plastic Omnium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compagnie Plastic Omnium is a good investment. Please check the relationship between Compagnie Plastic Other Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compagnie Plastic Omnium. 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 Assets vs Retained Earnings

Other Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compagnie Plastic Omnium Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Compagnie Plastic's Other Assets and Retained Earnings is 0.78. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Compagnie Plastic Omnium, assuming nothing else is changed. The correlation between historical values of Compagnie Plastic's Other Assets and Retained Earnings 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 Assets of Compagnie Plastic Omnium are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Compagnie Plastic's Other Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Compagnie Plastic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compagnie Plastic Omnium 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 Compagnie Plastic Omnium. 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.
Tax Provision is likely to gain to about (26.5 M) in 2024. Selling General Administrative is likely to drop to about 272.8 M in 2024
 2019 2020 2023 2024 (projected)
Gross Profit1.0B641.6M577.4M758.6M
Total Revenue8.5B7.1B8.1B7.7B

Compagnie Plastic fundamental ratios Correlations

0.890.851.00.990.80.210.930.810.92-0.82-0.50.910.9-0.811.00.95-0.080.060.94-0.670.9-0.31-0.75-0.330.21
0.890.70.890.890.70.490.850.730.81-0.69-0.490.810.88-0.760.90.88-0.02-0.20.88-0.640.73-0.37-0.58-0.40.26
0.850.70.830.80.77-0.10.770.980.87-0.76-0.480.960.86-0.60.860.91-0.310.430.68-0.670.99-0.16-0.83-0.610.52
1.00.890.830.990.790.250.950.790.91-0.81-0.460.890.88-0.820.990.95-0.030.020.94-0.630.89-0.28-0.72-0.280.17
0.990.890.80.990.780.250.960.760.93-0.83-0.430.880.85-0.870.980.94-0.020.040.92-0.610.86-0.32-0.74-0.280.07
0.80.70.770.790.780.120.60.780.91-0.94-0.330.90.84-0.630.810.710.030.080.81-0.510.83-0.16-0.68-0.40.23
0.210.49-0.10.250.250.120.3-0.040.14-0.020.350.080.16-0.360.190.20.73-0.80.380.28-0.080.280.360.31-0.19
0.930.850.770.950.960.60.30.730.83-0.67-0.350.80.77-0.870.930.950.00.050.83-0.530.8-0.23-0.67-0.230.06
0.810.730.980.790.760.78-0.040.730.87-0.76-0.470.960.87-0.60.820.89-0.330.410.64-0.670.95-0.19-0.81-0.720.55
0.920.810.870.910.930.910.140.830.87-0.94-0.360.960.86-0.840.920.88-0.060.220.82-0.580.91-0.26-0.82-0.460.13
-0.82-0.69-0.76-0.81-0.83-0.94-0.02-0.67-0.76-0.940.4-0.88-0.830.75-0.83-0.720.08-0.19-0.780.59-0.820.340.820.45-0.03
-0.5-0.49-0.48-0.46-0.43-0.330.35-0.35-0.47-0.360.4-0.43-0.620.15-0.52-0.470.78-0.21-0.420.97-0.50.820.680.62-0.46
0.910.810.960.890.880.90.080.80.960.96-0.88-0.430.92-0.720.910.92-0.150.260.8-0.640.97-0.19-0.81-0.570.38
0.90.880.860.880.850.840.160.770.870.86-0.83-0.620.92-0.660.90.89-0.210.030.86-0.780.89-0.33-0.75-0.580.44
-0.81-0.76-0.6-0.82-0.87-0.63-0.36-0.87-0.6-0.840.750.15-0.72-0.66-0.8-0.77-0.14-0.03-0.720.35-0.650.210.610.240.22
1.00.90.860.990.980.810.190.930.820.92-0.83-0.520.910.9-0.80.96-0.10.070.93-0.690.91-0.33-0.76-0.350.23
0.950.880.910.950.940.710.20.950.890.88-0.72-0.470.920.89-0.770.96-0.160.170.82-0.660.92-0.24-0.75-0.460.34
-0.08-0.02-0.31-0.03-0.020.030.730.0-0.33-0.060.080.78-0.15-0.21-0.14-0.1-0.16-0.650.140.72-0.260.690.580.71-0.45
0.06-0.20.430.020.040.08-0.80.050.410.22-0.19-0.210.260.03-0.030.070.17-0.65-0.25-0.270.37-0.17-0.58-0.520.21
0.940.880.680.940.920.810.380.830.640.82-0.78-0.420.80.86-0.720.930.820.14-0.25-0.560.77-0.23-0.55-0.120.14
-0.67-0.64-0.67-0.63-0.61-0.510.28-0.53-0.67-0.580.590.97-0.64-0.780.35-0.69-0.660.72-0.27-0.56-0.690.780.820.69-0.46
0.90.730.990.890.860.83-0.080.80.950.91-0.82-0.50.970.89-0.650.910.92-0.260.370.77-0.69-0.2-0.84-0.550.45
-0.31-0.37-0.16-0.28-0.32-0.160.28-0.23-0.19-0.260.340.82-0.19-0.330.21-0.33-0.240.69-0.17-0.230.78-0.20.590.460.03
-0.75-0.58-0.83-0.72-0.74-0.680.36-0.67-0.81-0.820.820.68-0.81-0.750.61-0.76-0.750.58-0.58-0.550.82-0.840.590.68-0.2
-0.33-0.4-0.61-0.28-0.28-0.40.31-0.23-0.72-0.460.450.62-0.57-0.580.24-0.35-0.460.71-0.52-0.120.69-0.550.460.68-0.58
0.210.260.520.170.070.23-0.190.060.550.13-0.03-0.460.380.440.220.230.34-0.450.210.14-0.460.450.03-0.2-0.58
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Compagnie Plastic Account Relationship Matchups

Compagnie Plastic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.8B7.2B6.2B7.1B6.8B
Short Long Term Debt Total1.3B1.6B1.3B1.3B1.5B1.5B
Total Current Liabilities3.3B2.8B2.8B3.7B4.3B3.1B
Total Stockholder Equity1.7B2.1B2.2B1.9B2.2B2.1B
Retained Earnings2.3B2.0B2.1B1.9B2.2B2.2B
Other Assets699.8M606.4M603.5M709.2M815.6M610.8M
Long Term Debt1.3B1.6B1.2B1.1B1.0B1.0B
Cash And Short Term Investments939.6M916.3M1.1B830.0M954.5M915.9M
Net Receivables1.1B1.1B1.1B1.5B1.7B1.2B
Good Will584.7M1.0B1.0B1.0B1.2B926.8M
Short Term Investments176.9M12.9M12.4M2.8M2.5M2.4M
Inventory735.8M656.8M637.7M856.6M985.1M695.6M
Other Current Assets61.3M42.6M18.6M85.6M98.4M103.4M
Other Stockholder Equity(67.4M)(122.8M)(55.7M)(38.7M)(34.8M)(36.5M)
Total Liab4.0B4.7B4.9B4.3B5.0B4.8B
Total Current Assets3.1B2.6B2.6B3.0B3.5B3.0B
Treasury Stock(61.8M)(49.9M)(54.1M)(61.3M)(70.5M)(74.1M)
Short Term Debt10.0M4.7M9.9M12.3M14.1M10.4M
Intangible Assets497.9M728.2M724.7M560.8M645.0M659.1M
Property Plant Equipment2.0B1.7B1.6B2.0B2.3B1.8B
Other Current Liab918.0M846.7M797.8M929.0M836.1M699.2M
Other Liab196.3M184.5M174.5M177.8M160.0M153.7M
Net Tangible Assets1.1B763.6M878.4M684.5M616.1M688.8M
Accounts Payable1.4B1.3B1.2B1.6B1.8B1.5B
Deferred Long Term Liab579.0M468.2M467.8M544.1M489.7M418.3M

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