CAU Stock | | | 24.50 0.00 0.00% |
Centaur Media financial indicator trend analysis is way more than just evaluating Centaur Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centaur Media is a good investment. Please check the relationship between Centaur Media Total Current Liabilities and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Centaur Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Total Current Liabilities vs Total Revenue
Total Current Liabilities vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centaur Media Total Current Liabilities account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Centaur Media's Total Current Liabilities and Total Revenue is 0.8. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Centaur Media, assuming nothing else is changed. The correlation between historical values of Centaur Media's Total Current Liabilities and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Centaur Media are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., Centaur Media's Total Current Liabilities and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Centaur Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Centaur Media are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Revenue
Total revenue comprises all receipts Centaur Media generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Centaur Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centaur Media 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 Centaur Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 847.4
K, whereas
Selling General Administrative is forecasted to decline to about 11.9
M.
Centaur Media fundamental ratios Correlations
Click cells to compare fundamentals
Centaur Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centaur Media fundamental ratios Accounts
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Other Information on Investing in Centaur Stock
Balance Sheet is a snapshot of the
financial position of Centaur Media at a specified time, usually calculated after every quarter, six months, or one year. Centaur Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centaur Media 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 Centaur currently owns. An asset can also be divided into two categories, current and non-current.