Camel Other Current Liab vs Other Assets Analysis
601311 Stock | 8.89 0.26 3.01% |
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 Other Current Liab and its Other 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.
Other Current Liab vs Other Assets
Other Current Liab vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camel Group Other Current Liab account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Camel Group's Other Current Liab and Other Assets is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other 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 Other Current Liab and Other 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 Other Current Liab of Camel Group Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Liab i.e., Camel Group's Other Current Liab and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Other 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 26, 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 Income | 993.6M | 733.0M | 794.4M | 629.9M | Total Revenue | 12.4B | 13.4B | 14.1B | 7.5B |
Camel Group fundamental ratios Correlations
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Camel Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camel Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.4B | 12.4B | 12.9B | 13.5B | 14.0B | 8.4B | |
Other Current Liab | 636.8M | 699.9M | 691.2M | 935.5M | 229.7M | 386.9M | |
Total Current Liabilities | 3.0B | 2.9B | 3.1B | 3.8B | 4.1B | 2.1B | |
Total Stockholder Equity | 6.5B | 7.4B | 8.5B | 9.0B | 9.3B | 5.3B | |
Retained Earnings | 4.4B | 4.7B | 5.4B | 5.6B | 5.4B | 3.1B | |
Accounts Payable | 818.1M | 497.6M | 716.7M | 1.1B | 1.4B | 1.5B | |
Cash | 780.8M | 704.3M | 1.2B | 1.7B | 1.6B | 806.5M | |
Other Assets | 678.6M | 714.5M | 767.9M | 606.5M | 697.5M | 416.4M | |
Net Receivables | 2.1B | 1.0B | 1.1B | 1.7B | 1.6B | 1.4B | |
Inventory | 1.8B | 1.7B | 2.0B | 2.4B | 2.6B | 1.3B | |
Other Current Assets | 221.6M | 176.3M | 203.4M | 333.8M | 340.1M | 328.1M | |
Total Liab | 4.5B | 4.6B | 4.2B | 4.4B | 4.6B | 2.9B | |
Intangible Assets | 444.5M | 435.6M | 455.8M | 468.3M | 489.2M | 283.6M | |
Common Stock | 848.4M | 863.8M | 1.1B | 1.2B | 1.3B | 821.6M | |
Property Plant Equipment | 3.4B | 3.5B | 3.8B | 3.8B | 4.4B | 2.3B | |
Other Liab | 359.0M | 425.6M | 345.1M | 349.1M | 401.4M | 203.9M | |
Long Term Debt | 1.1B | 1.2B | 731.8M | 212.6M | 206.2M | 195.9M | |
Short Term Investments | 188.0M | 645.8M | 707.6M | 160.1M | 326.2M | 292.2M | |
Net Tangible Assets | 5.7B | 6.6B | 7.7B | 8.1B | 9.4B | 6.4B | |
Other Stockholder Equity | 103.0M | 456.4M | 189.6M | 429.0M | 493.3M | 518.0M | |
Total Current Assets | 5.4B | 5.7B | 6.3B | 6.9B | 7.5B | 6.0B | |
Non Current Assets Total | 6.0B | 6.7B | 6.7B | 6.6B | 6.6B | 6.3B | |
Non Currrent Assets Other | 213.0M | 203.4M | 235.3M | 191.0M | 156.7M | 164.8M | |
Non Current Liabilities Total | 1.5B | 1.6B | 1.1B | 565.0M | 536.9M | 909.7M | |
Deferred Long Term Liab | 4.7M | 16.9M | 18.7M | 15.6M | 18.0M | 9.5M | |
Short Long Term Debt | 749.3M | 1.2B | 1.2B | 1.7B | 1.6B | 1.2B | |
Non Current Liabilities Other | 1.2B | 202.2M | 206.5M | 56.1M | 50.5M | 47.9M | |
Net Debt | 1.1B | 1.7B | 689.4M | 270.2M | 202.0M | 191.9M | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | |
Net Invested Capital | 8.4B | 9.9B | 10.4B | 10.9B | 11.0B | 10.4B | |
Net Working Capital | 2.4B | 2.7B | 3.2B | 3.1B | 3.4B | 3.1B |
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.