Codere Property Plant And Equipment Net vs Current Deferred Revenue Analysis

CDROW Stock  USD 0.87  0.01  1.14%   
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 Property Plant And Equipment Net and its Current Deferred Revenue 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.

Property Plant And Equipment Net vs Current Deferred Revenue

Property Plant And Equipment Net vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Codere Online Luxembourg Property Plant And Equipment Net account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Codere Online's Property Plant And Equipment Net and Current Deferred Revenue is 0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Current Deferred Revenue 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net of Codere Online Luxembourg 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 Property Plant And Equipment Net i.e., Codere Online's Property Plant And Equipment Net and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 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

-0.860.82-0.450.960.550.68-0.930.790.96-0.74-0.850.96-0.61-0.820.58-0.770.10.85-0.740.93-0.811.00.97-0.81-0.73
-0.86-0.850.67-0.93-0.82-0.850.96-0.8-0.90.810.95-0.890.830.67-0.720.93-0.1-0.970.9-0.690.98-0.86-0.90.980.87
0.82-0.85-0.320.770.810.73-0.870.980.89-0.93-0.730.88-0.83-0.460.94-0.69-0.270.92-0.60.55-0.890.830.77-0.89-0.94
-0.450.67-0.32-0.63-0.34-0.70.64-0.17-0.560.470.61-0.570.670.69-0.170.56-0.24-0.560.83-0.470.67-0.45-0.620.670.47
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
0.55-0.820.81-0.340.620.61-0.690.830.6-0.7-0.770.58-0.71-0.20.86-0.81-0.10.88-0.60.27-0.820.560.56-0.82-0.84
0.68-0.850.73-0.70.740.61-0.80.640.79-0.69-0.780.77-0.79-0.490.66-0.760.240.76-0.90.5-0.850.680.71-0.85-0.7
-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
0.79-0.80.98-0.170.720.830.64-0.80.82-0.85-0.710.8-0.72-0.360.94-0.69-0.240.88-0.520.51-0.820.80.71-0.82-0.89
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
-0.740.81-0.930.47-0.73-0.7-0.690.87-0.85-0.880.61-0.880.940.54-0.850.550.45-0.870.57-0.510.9-0.76-0.760.90.97
-0.850.95-0.730.61-0.93-0.77-0.780.89-0.71-0.820.61-0.80.630.65-0.570.99-0.36-0.90.91-0.740.87-0.84-0.870.870.71
0.96-0.890.88-0.570.940.580.77-0.980.81.0-0.88-0.8-0.79-0.810.66-0.72-0.070.89-0.760.84-0.90.960.96-0.9-0.84
-0.610.83-0.830.67-0.67-0.71-0.790.83-0.72-0.790.940.63-0.790.49-0.790.580.34-0.840.68-0.380.92-0.63-0.690.920.94
-0.820.67-0.460.69-0.86-0.2-0.490.79-0.36-0.80.540.65-0.810.49-0.130.55-0.15-0.620.69-0.920.64-0.81-0.90.640.48
0.58-0.720.94-0.170.530.860.66-0.680.940.68-0.85-0.570.66-0.79-0.13-0.57-0.370.8-0.440.23-0.790.590.51-0.79-0.9
-0.770.93-0.690.56-0.87-0.81-0.760.83-0.69-0.740.550.99-0.720.580.55-0.57-0.4-0.870.89-0.650.83-0.77-0.790.830.67
0.1-0.1-0.27-0.240.19-0.10.240.01-0.24-0.040.45-0.36-0.070.34-0.15-0.37-0.4-0.07-0.440.260.080.080.10.080.38
0.85-0.970.92-0.560.90.880.76-0.950.880.9-0.87-0.90.89-0.84-0.620.8-0.87-0.07-0.790.65-0.970.860.88-0.97-0.94
-0.740.9-0.60.83-0.86-0.6-0.90.84-0.52-0.770.570.91-0.760.680.69-0.440.89-0.44-0.79-0.670.84-0.74-0.820.840.61
0.93-0.690.55-0.470.910.270.5-0.810.510.84-0.51-0.740.84-0.38-0.920.23-0.650.260.65-0.67-0.620.920.92-0.62-0.47
-0.810.98-0.890.67-0.88-0.82-0.850.96-0.82-0.910.90.87-0.90.920.64-0.790.830.08-0.970.84-0.62-0.82-0.871.00.94
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
0.97-0.90.77-0.620.990.560.71-0.970.710.96-0.76-0.870.96-0.69-0.90.51-0.790.10.88-0.820.92-0.870.97-0.87-0.75
-0.810.98-0.890.67-0.88-0.82-0.850.96-0.82-0.910.90.87-0.90.920.64-0.790.830.08-0.970.84-0.621.0-0.82-0.870.94
-0.730.87-0.940.47-0.75-0.84-0.70.88-0.89-0.850.970.71-0.840.940.48-0.90.670.38-0.940.61-0.470.94-0.74-0.750.94
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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 Investments12.4M15.7M98.8M53.8M61.9M40.9M
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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