Camel Research Development vs Other Operating Expenses 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 Research Development and its Other Operating Expenses 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.

Research Development vs Other Operating Expenses

Research Development vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camel Group Research Development account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Camel Group's Research Development and Other Operating Expenses is -0.69. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Other Operating Expenses 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 Research Development and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Camel Group Co are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Research Development i.e., Camel Group's Research Development and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Research Development

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Camel Group. It is also known as Camel Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 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

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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.