CCL Non Current Assets Total vs Total Current Assets 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 Non Current Assets Total and its Total Current Assets 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCL Products Limited Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between CCL Products' Non Current Assets Total and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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' Non Current Assets Total and Total Current 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 Non Current Assets Total of CCL Products Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., CCL Products' Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.