CCL Common Stock Shares Outstanding vs Accounts Payable Analysis

CCL Stock   791.45  2.70  0.34%   
CCL Products financial indicator trend analysis is way more than just evaluating CCL Products Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCL Products Limited is a good investment. Please check the relationship between CCL Products Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCL Products Limited. 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.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCL Products Limited Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between CCL Products' Common Stock Shares Outstanding and Accounts Payable is 0.05. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CCL Products Limited, assuming nothing else is changed. The correlation between historical values of CCL Products' Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CCL Products Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., CCL Products' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents CCL Products obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CCL Products Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from CCL Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCL Products Limited 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 CCL Products Limited. 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.
The current year's Selling General Administrative is expected to grow to about 165.4 M. The current year's Tax Provision is expected to grow to about 389 M
 2021 2022 2023 2024 (projected)
Interest Expense134.4M344.0M777.1M816.0M
Depreciation And Amortization574.6M637.0M976.7M1.0B

CCL Products fundamental ratios Correlations

0.970.340.980.971.00.970.941.00.310.940.980.590.880.980.52-0.160.981.00.390.6-0.670.980.970.820.84
0.970.380.980.90.971.00.930.960.310.940.920.650.940.970.39-0.191.00.980.250.54-0.720.950.980.720.74
0.340.380.440.210.340.380.350.33-0.060.350.220.370.40.37-0.140.170.440.34-0.37-0.04-0.390.340.450.10.11
0.980.980.440.920.970.980.920.970.330.930.920.630.870.990.39-0.10.990.980.280.59-0.670.960.990.750.76
0.970.90.210.920.970.890.890.980.310.90.980.50.780.950.63-0.170.90.960.530.61-0.60.960.890.890.9
1.00.970.340.970.970.960.941.00.290.950.980.580.880.970.54-0.150.970.990.390.61-0.640.980.960.830.84
0.971.00.380.980.890.960.920.960.310.920.920.650.940.970.37-0.211.00.980.240.54-0.730.950.980.710.73
0.940.930.350.920.890.940.920.940.31.00.90.60.880.890.47-0.040.940.930.380.49-0.60.910.910.690.74
1.00.960.330.970.981.00.960.940.30.950.980.580.880.970.55-0.160.970.990.40.6-0.640.980.950.830.85
0.310.31-0.060.330.310.290.310.30.30.30.280.30.220.290.26-0.150.30.320.230.13-0.420.190.280.110.18
0.940.940.350.930.90.950.921.00.950.30.910.590.880.90.5-0.040.940.940.380.51-0.60.920.910.70.75
0.980.920.220.920.980.980.920.90.980.280.910.520.840.950.64-0.230.920.970.450.63-0.60.970.910.870.88
0.590.650.370.630.50.580.650.60.580.30.590.520.650.59-0.04-0.130.650.6-0.010.05-0.550.550.630.090.08
0.880.940.40.870.780.880.940.880.880.220.880.840.650.840.35-0.260.930.870.120.41-0.720.860.890.590.62
0.980.970.370.990.950.970.970.890.970.290.90.950.590.840.43-0.140.970.990.340.6-0.680.980.980.820.81
0.520.39-0.140.390.630.540.370.470.550.260.50.64-0.040.350.43-0.290.390.490.50.52-0.250.530.360.650.73
-0.16-0.190.17-0.1-0.17-0.15-0.21-0.04-0.16-0.15-0.04-0.23-0.13-0.26-0.14-0.29-0.15-0.17-0.210.170.51-0.11-0.11-0.13-0.12
0.981.00.440.990.90.971.00.940.970.30.940.920.650.930.970.39-0.150.980.240.55-0.70.960.990.720.74
1.00.980.340.980.960.990.980.930.990.320.940.970.60.870.990.49-0.170.980.370.59-0.690.980.980.810.82
0.390.25-0.370.280.530.390.240.380.40.230.380.45-0.010.120.340.5-0.210.240.370.34-0.110.340.20.50.52
0.60.54-0.040.590.610.610.540.490.60.130.510.630.050.410.60.520.170.550.590.34-0.010.640.550.650.68
-0.67-0.72-0.39-0.67-0.6-0.64-0.73-0.6-0.64-0.42-0.6-0.6-0.55-0.72-0.68-0.250.51-0.7-0.69-0.11-0.01-0.63-0.69-0.43-0.44
0.980.950.340.960.960.980.950.910.980.190.920.970.550.860.980.53-0.110.960.980.340.64-0.630.960.840.85
0.970.980.450.990.890.960.980.910.950.280.910.910.630.890.980.36-0.110.990.980.20.55-0.690.960.730.75
0.820.720.10.750.890.830.710.690.830.110.70.870.090.590.820.65-0.130.720.810.50.65-0.430.840.730.99
0.840.740.110.760.90.840.730.740.850.180.750.880.080.620.810.73-0.120.740.820.520.68-0.440.850.750.99
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CCL Products Account Relationship Matchups

CCL Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1B17.9B20.7B26.0B35.4B37.1B
Short Long Term Debt Total4.7B5.6B6.5B9.2B16.2B17.0B
Other Current Liab282.6M606.9M427.7M459.7M1.1B1.2B
Total Current Liabilities2.8B4.7B6.3B8.4B12.8B13.4B
Total Stockholder Equity9.3B10.9B12.5B14.8B16.7B17.6B
Property Plant And Equipment Net8.2B9.5B10.4B13.1B17.5B18.4B
Net Debt4.3B4.4B6.0B8.4B14.5B15.3B
Cash353.6M1.2B527.8M826.0M1.7B1.8B
Non Current Assets Total8.7B10.0B10.8B13.5B17.9B18.8B
Non Currrent Assets Other435.3M1K(1K)288.3M422.6M443.7M
Cash And Short Term Investments353.6M1.2B527.8M937.5M1.7B1.8B
Net Receivables3.1B3.0B3.2B4.4B5.0B5.2B
Liabilities And Stockholders Equity15.1B17.9B20.7B26.0B35.4B37.1B
Non Current Liabilities Total3.0B2.3B1.9B2.8B5.8B6.1B
Inventory2.6B3.2B5.2B5.8B7.9B8.3B
Other Current Assets3.4B3.5B561.4M5.9B3.0B1.6B
Other Stockholder Equity4.2B(4.5B)3.3B3.6B2.00.95
Total Liab5.8B7.0B8.2B11.1B18.6B19.6B
Total Current Assets6.4B7.9B9.9B12.5B17.4B18.3B
Accumulated Other Comprehensive Income(1.6B)3.3B3.6B3.9B3.8B4.0B
Accounts Payable246.4M216.7M456.7M714.4M536.5M334.4M
Current Deferred Revenue279.6M385.5M362.3M276.4M42.8M40.7M
Retained Earnings5.7B7.3B8.7B10.7B12.7B13.3B
Short Term Debt2.2B3.8B5.4B7.2B11.0B11.6B
Other Liab553.2M553.1M774.3M753.0M865.9M507.5M
Net Tangible Assets9.3B10.9B12.5B14.8B17.0B9.1B
Other Assets480.7M498.1M364.2M297.7M342.4M357.3M
Long Term Debt2.5B1.8B1.1B2.0B5.2B5.4B
Short Long Term Debt2.2B3.0B4.5B7.2B11.0B11.6B
Property Plant Equipment8.2B9.5B10.4B13.1B15.1B7.8B
Long Term Debt Total2.5B1.8B1.1B2.0B2.3B1.6B
Net Invested Capital14.0B15.6B18.1B24.0B32.9B20.1B
Net Working Capital3.6B3.2B3.6B4.1B4.6B3.9B

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Other Information on Investing in CCL Stock

Balance Sheet is a snapshot of the financial position of CCL Products Limited at a specified time, usually calculated after every quarter, six months, or one year. CCL Products Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CCL Products 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 CCL currently owns. An asset can also be divided into two categories, current and non-current.