Codere Non Current Liabilities Total vs Total Current Liabilities Analysis

CDROW Stock  USD 0.82  0.10  10.87%   
Codere Online financial indicator trend analysis is way more than just evaluating Codere Online Luxembourg prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Codere Online Luxembourg is a good investment. Please check the relationship between Codere Online Non Current Liabilities Total and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Codere Online Luxembourg Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Codere Online's Non Current Liabilities Total and Total Current Liabilities is 0.56. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Codere Online Luxembourg, assuming nothing else is changed. The correlation between historical values of Codere Online's Non Current Liabilities Total and Total Current Liabilities 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 Liabilities Total of Codere Online Luxembourg are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Codere Online's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Codere Online balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Codere Online Luxembourg 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.
Most indicators from Codere Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codere Online Luxembourg 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 Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Tax Provision is likely to climb to about 3.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 40.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense561K12.6M14.5M15.3M
Depreciation And Amortization721K556K500.4K667.0K

Codere Online fundamental ratios Correlations

-0.860.82-0.450.960.550.68-0.930.790.96-0.74-0.850.95-0.61-0.820.58-0.770.10.85-0.740.93-0.811.00.97-0.81-0.73
-0.86-0.850.67-0.93-0.82-0.850.96-0.8-0.90.810.95-0.910.830.67-0.720.93-0.1-0.970.9-0.690.98-0.86-0.90.980.87
0.82-0.85-0.320.770.810.73-0.870.980.89-0.93-0.730.9-0.83-0.460.94-0.69-0.270.92-0.60.55-0.890.830.77-0.89-0.94
-0.450.67-0.32-0.63-0.34-0.70.64-0.17-0.560.470.61-0.550.670.69-0.170.56-0.24-0.560.83-0.470.67-0.45-0.620.670.47
0.96-0.930.77-0.630.620.74-0.970.720.94-0.73-0.930.94-0.67-0.860.53-0.870.190.9-0.860.91-0.880.960.99-0.88-0.75
0.55-0.820.81-0.340.620.61-0.690.830.6-0.7-0.770.62-0.71-0.20.86-0.81-0.10.88-0.60.27-0.820.560.56-0.82-0.84
0.68-0.850.73-0.70.740.61-0.80.640.79-0.69-0.780.79-0.79-0.490.66-0.760.240.76-0.90.5-0.850.680.71-0.85-0.7
-0.930.96-0.870.64-0.97-0.69-0.8-0.8-0.980.870.89-0.980.830.79-0.680.830.01-0.950.84-0.810.96-0.94-0.970.960.88
0.79-0.80.98-0.170.720.830.64-0.80.82-0.85-0.710.84-0.72-0.360.94-0.69-0.240.88-0.520.51-0.820.80.71-0.82-0.89
0.96-0.90.89-0.560.940.60.79-0.980.82-0.88-0.821.0-0.79-0.80.68-0.74-0.040.9-0.770.84-0.910.970.96-0.91-0.85
-0.740.81-0.930.47-0.73-0.7-0.690.87-0.85-0.880.61-0.890.940.54-0.850.550.45-0.870.57-0.510.9-0.76-0.760.90.97
-0.850.95-0.730.61-0.93-0.77-0.780.89-0.71-0.820.61-0.820.630.65-0.570.99-0.36-0.90.91-0.740.87-0.84-0.870.870.71
0.95-0.910.9-0.550.940.620.79-0.980.841.0-0.89-0.82-0.81-0.770.71-0.74-0.060.91-0.770.82-0.920.960.95-0.92-0.86
-0.610.83-0.830.67-0.67-0.71-0.790.83-0.72-0.790.940.63-0.810.49-0.790.580.34-0.840.68-0.380.92-0.63-0.690.920.94
-0.820.67-0.460.69-0.86-0.2-0.490.79-0.36-0.80.540.65-0.770.49-0.130.55-0.15-0.620.69-0.920.64-0.81-0.90.640.48
0.58-0.720.94-0.170.530.860.66-0.680.940.68-0.85-0.570.71-0.79-0.13-0.57-0.370.8-0.440.23-0.790.590.51-0.79-0.9
-0.770.93-0.690.56-0.87-0.81-0.760.83-0.69-0.740.550.99-0.740.580.55-0.57-0.4-0.870.89-0.650.83-0.77-0.790.830.67
0.1-0.1-0.27-0.240.19-0.10.240.01-0.24-0.040.45-0.36-0.060.34-0.15-0.37-0.4-0.07-0.440.260.080.080.10.080.38
0.85-0.970.92-0.560.90.880.76-0.950.880.9-0.87-0.90.91-0.84-0.620.8-0.87-0.07-0.790.65-0.970.860.88-0.97-0.94
-0.740.9-0.60.83-0.86-0.6-0.90.84-0.52-0.770.570.91-0.770.680.69-0.440.89-0.44-0.79-0.670.84-0.74-0.820.840.61
0.93-0.690.55-0.470.910.270.5-0.810.510.84-0.51-0.740.82-0.38-0.920.23-0.650.260.65-0.67-0.620.920.92-0.62-0.47
-0.810.98-0.890.67-0.88-0.82-0.850.96-0.82-0.910.90.87-0.920.920.64-0.790.830.08-0.970.84-0.62-0.82-0.871.00.94
1.0-0.860.83-0.450.960.560.68-0.940.80.97-0.76-0.840.96-0.63-0.810.59-0.770.080.86-0.740.92-0.820.97-0.82-0.74
0.97-0.90.77-0.620.990.560.71-0.970.710.96-0.76-0.870.95-0.69-0.90.51-0.790.10.88-0.820.92-0.870.97-0.87-0.75
-0.810.98-0.890.67-0.88-0.82-0.850.96-0.82-0.910.90.87-0.920.920.64-0.790.830.08-0.970.84-0.621.0-0.82-0.870.94
-0.730.87-0.940.47-0.75-0.84-0.70.88-0.89-0.850.970.71-0.860.940.48-0.90.670.38-0.940.61-0.470.94-0.74-0.750.94
Click cells to compare fundamentals

Codere Online Account Relationship Matchups

Codere Online fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.2M18.5M105.3M69.3M79.7M60.2M
Short Long Term Debt Total51.7M39.2M3.0M5.0M4.5M4.2M
Other Current Liab5.4M4.7M8.0M9.0M10.3M6.5M
Total Current Liabilities54.1M37.0M31.6M42.8M38.5M33.2M
Total Stockholder Equity(31.4M)(40.0M)68.0M24.4M28.1M29.5M
Property Plant And Equipment Net92K116K133K971K1.1M1.2M
Net Debt43.7M28.3M(91.9M)(48.9M)(44.0M)(41.8M)
Accounts Payable18.5M13.0M19.7M23.8M27.4M19.1M
Cash8.0M10.9M94.9M53.8M61.9M37.5M
Non Current Assets Total2.1M1.2M606K983K884.7K1.3M
Cash And Short Term Investments12.4M15.7M98.8M60.6M69.7M42.4M
Net Receivables29.5M835K3.3M4.2M3.8M3.6M
Short Term Investments4.4M4.8M3.9M6.8M7.8M4.9M
Liabilities And Stockholders Equity44.2M18.5M105.3M69.3M79.7M60.2M
Other Current Assets231K254K739K677K778.6K596.0K
Other Stockholder Equity(13.8M)(7.1M)106.9M106.9M123.0M129.1M
Total Liab75.6M58.5M37.1M44.8M40.3M43.4M
Net Invested Capital20.2M(799K)71.0M29.4M33.8M30.8M
Short Long Term Debt30.2M17.8M3.0M4.2M3.8M3.6M
Total Current Assets42.1M17.3M104.7M68.3M78.6M58.4M
Net Working Capital(12.0M)(19.7M)73.1M25.6M29.4M30.9M
Short Term Debt30.2M17.8M3.0M4.2M3.8M3.6M
Intangible Assets2.0M1.1M469K10K9K8.6K

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