Camel Intangible Assets vs Total Assets Analysis

601311 Stock   8.64  0.13  1.48%   
Camel Group financial indicator trend analysis is way more than just evaluating Camel Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camel Group is a good investment. Please check the relationship between Camel Group Intangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camel Group Co. 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.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camel Group Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Camel Group's Intangible Assets and Total Assets is 0.89. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Camel Group Co, assuming nothing else is changed. The correlation between historical values of Camel Group's Intangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Camel Group Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Camel Group's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Camel Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Camel Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Camel Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camel Group 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 Camel Group Co. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 471.3 M. In addition to that, Tax Provision is expected to decline to about 77 M
 2021 2022 2023 2024 (projected)
Operating Income993.6M733.0M794.4M629.9M
Total Revenue12.4B13.4B14.1B7.5B

Camel Group fundamental ratios Correlations

0.770.960.980.990.710.520.940.550.97-0.010.970.890.870.990.90.290.86-0.54-0.790.850.70.920.890.890.28
0.770.710.750.810.380.290.730.350.68-0.110.740.740.580.730.760.250.78-0.35-0.660.590.510.670.640.760.29
0.960.710.920.940.790.580.850.490.97-0.020.950.840.720.930.910.120.89-0.56-0.730.890.750.960.950.920.25
0.980.750.920.980.670.570.90.490.96-0.030.910.870.910.990.870.180.82-0.48-0.760.880.710.850.880.860.2
0.990.810.940.980.680.450.940.540.96-0.070.940.930.840.980.890.240.85-0.55-0.830.850.680.890.870.880.27
0.710.380.790.670.680.460.620.560.780.10.730.620.50.670.6-0.050.65-0.71-0.650.720.760.80.850.750.13
0.520.290.580.570.450.460.24-0.020.610.110.440.160.540.50.45-0.280.47-0.07-0.090.680.520.460.640.53-0.03
0.940.730.850.90.940.620.240.650.89-0.050.940.950.80.930.830.490.78-0.6-0.830.690.550.880.750.790.41
0.550.350.490.490.540.56-0.020.650.530.090.60.640.460.540.290.550.28-0.76-0.680.170.130.530.320.270.42
0.970.680.970.960.960.780.610.890.530.010.940.860.820.970.870.160.84-0.61-0.750.890.720.930.920.870.23
-0.01-0.11-0.02-0.03-0.070.10.11-0.050.090.010.01-0.210.080.01-0.040.120.02-0.180.13-0.08-0.06-0.04-0.05-0.07-0.22
0.970.740.950.910.940.730.440.940.60.940.010.870.760.940.910.40.89-0.6-0.780.760.670.970.860.890.36
0.890.740.840.870.930.620.160.950.640.86-0.210.870.720.90.820.330.77-0.6-0.840.70.570.830.750.770.27
0.870.580.720.910.840.50.540.80.460.820.080.760.720.880.690.310.61-0.32-0.60.720.580.640.690.650.1
0.990.730.930.990.980.670.50.930.540.970.010.940.90.880.90.270.85-0.54-0.80.850.670.880.860.860.2
0.90.760.910.870.890.60.450.830.290.87-0.040.910.820.690.90.190.97-0.39-0.680.840.730.890.870.940.09
0.290.250.120.180.24-0.05-0.280.490.550.160.120.40.330.310.270.190.14-0.27-0.35-0.21-0.20.26-0.090.050.53
0.860.780.890.820.850.650.470.780.280.840.020.890.770.610.850.970.14-0.41-0.640.810.720.870.870.950.07
-0.54-0.35-0.56-0.48-0.55-0.71-0.07-0.6-0.76-0.61-0.18-0.6-0.6-0.32-0.54-0.39-0.27-0.410.72-0.33-0.33-0.62-0.46-0.42-0.28
-0.79-0.66-0.73-0.76-0.83-0.65-0.09-0.83-0.68-0.750.13-0.78-0.84-0.6-0.8-0.68-0.35-0.640.72-0.56-0.51-0.75-0.63-0.67-0.35
0.850.590.890.880.850.720.680.690.170.89-0.080.760.70.720.850.84-0.210.81-0.33-0.560.850.80.960.890.0
0.70.510.750.710.680.760.520.550.130.72-0.060.670.570.580.670.73-0.20.72-0.33-0.510.850.70.870.85-0.12
0.920.670.960.850.890.80.460.880.530.93-0.040.970.830.640.880.890.260.87-0.62-0.750.80.70.90.90.41
0.890.640.950.880.870.850.640.750.320.92-0.050.860.750.690.860.87-0.090.87-0.46-0.630.960.870.90.950.12
0.890.760.920.860.880.750.530.790.270.87-0.070.890.770.650.860.940.050.95-0.42-0.670.890.850.90.950.15
0.280.290.250.20.270.13-0.030.410.420.23-0.220.360.270.10.20.090.530.07-0.28-0.350.0-0.120.410.120.15
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Camel Group Account Relationship Matchups

Camel Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4B12.4B12.9B13.5B14.0B8.4B
Other Current Liab636.8M699.9M691.2M935.5M229.7M386.9M
Total Current Liabilities3.0B2.9B3.1B3.8B4.1B2.1B
Total Stockholder Equity6.5B7.4B8.5B9.0B9.3B5.3B
Retained Earnings4.4B4.7B5.4B5.6B5.4B3.1B
Accounts Payable818.1M497.6M716.7M1.1B1.4B1.5B
Cash780.8M704.3M1.2B1.7B1.6B806.5M
Other Assets678.6M714.5M767.9M606.5M697.5M416.4M
Net Receivables2.1B1.0B1.1B1.7B1.6B1.4B
Inventory1.8B1.7B2.0B2.4B2.6B1.3B
Other Current Assets221.6M176.3M203.4M333.8M340.1M328.1M
Total Liab4.5B4.6B4.2B4.4B4.6B2.9B
Intangible Assets444.5M435.6M455.8M468.3M489.2M283.6M
Common Stock848.4M863.8M1.1B1.2B1.3B821.6M
Property Plant Equipment3.4B3.5B3.8B3.8B4.4B2.3B
Other Liab359.0M425.6M345.1M349.1M401.4M203.9M
Long Term Debt1.1B1.2B731.8M212.6M206.2M195.9M
Short Term Investments188.0M645.8M707.6M160.1M326.2M292.2M
Net Tangible Assets5.7B6.6B7.7B8.1B9.4B6.4B
Other Stockholder Equity103.0M456.4M189.6M429.0M493.3M518.0M
Total Current Assets5.4B5.7B6.3B6.9B7.5B6.0B
Non Current Assets Total6.0B6.7B6.7B6.6B6.6B6.3B
Non Currrent Assets Other213.0M203.4M235.3M191.0M156.7M164.8M
Non Current Liabilities Total1.5B1.6B1.1B565.0M536.9M909.7M
Deferred Long Term Liab4.7M16.9M18.7M15.6M18.0M9.5M
Short Long Term Debt749.3M1.2B1.2B1.7B1.6B1.2B
Non Current Liabilities Other1.2B202.2M206.5M56.1M50.5M47.9M
Net Debt1.1B1.7B689.4M270.2M202.0M191.9M
Common Stock Shares Outstanding1.1B1.1B1.1B1.2B1.3B1.3B
Net Invested Capital8.4B9.9B10.4B10.9B11.0B10.4B
Net Working Capital2.4B2.7B3.2B3.1B3.4B3.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Camel Stock

Balance Sheet is a snapshot of the financial position of Camel Group at a specified time, usually calculated after every quarter, six months, or one year. Camel Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Camel Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Camel currently owns. An asset can also be divided into two categories, current and non-current.