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 Total Stockholder Equity and its Current Deferred Revenue 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.
Total Stockholder Equity vs Current Deferred Revenue
Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CCL Products Limited Total Stockholder Equity account and
Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CCL Products' Total Stockholder Equity and Current Deferred Revenue is -0.6. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue 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' Total Stockholder Equity and Current Deferred 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 Stockholder Equity of CCL Products Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., CCL Products' Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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
MCCL Products fundamental ratios Correlations
Click cells to compare fundamentals
CCL Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CCL Products fundamental ratios Accounts
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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.