Central Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

CDSL Stock   1,639  41.20  2.58%   
Central Depository financial indicator trend analysis is way more than just evaluating Central Depository prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Depository is a good investment. Please check the relationship between Central Depository Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Depository Services. 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 Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Depository Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Central Depository's Common Stock Shares Outstanding and Cash And Short Term Investments is -0.23. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Central Depository Services, assuming nothing else is changed. The correlation between historical values of Central Depository's Common Stock Shares Outstanding and Cash And Short Term Investments 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 Central Depository Services are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Central Depository's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Central Depository balance sheet. This account contains Central Depository investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Central Depository Services fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Central Depository's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Depository 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 Central Depository Services. 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.
Selling General Administrative is likely to gain to about 1.1 B in 2024. Tax Provision is likely to gain to about 1.4 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit4.5B4.7B7.2B7.5B
Total Revenue5.5B5.6B9.0B9.5B

Central Depository fundamental ratios Correlations

0.480.971.00.81-0.241.00.750.280.79-0.720.760.85-0.370.790.28-0.470.18-0.540.830.820.86-0.37-0.270.990.52
0.480.490.470.62-0.10.470.650.170.64-0.20.280.71-0.80.290.640.2-0.130.220.730.380.69-0.80.00.410.84
0.970.490.960.77-0.350.960.740.350.7-0.680.840.82-0.370.860.35-0.420.1-0.470.850.880.88-0.37-0.110.940.52
1.00.470.960.81-0.211.00.760.260.8-0.730.740.85-0.370.760.25-0.490.19-0.550.810.790.84-0.37-0.310.990.52
0.810.620.770.81-0.120.80.950.120.94-0.530.520.9-0.770.550.58-0.070.14-0.210.930.550.9-0.77-0.210.740.81
-0.24-0.1-0.35-0.21-0.12-0.210.02-0.660.10.15-0.57-0.1-0.08-0.53-0.40.260.140.23-0.3-0.56-0.36-0.08-0.55-0.240.09
1.00.470.961.00.8-0.210.750.260.79-0.720.740.85-0.360.770.25-0.490.19-0.550.810.80.84-0.36-0.310.990.51
0.750.650.740.760.950.020.750.050.89-0.570.520.91-0.820.560.55-0.050.2-0.110.910.550.87-0.82-0.260.690.86
0.280.170.350.260.12-0.660.260.05-0.06-0.030.640.190.040.560.38-0.42-0.33-0.390.330.630.430.040.350.3-0.07
0.790.640.70.80.940.10.790.89-0.06-0.570.340.89-0.730.380.35-0.110.18-0.260.820.40.8-0.73-0.430.740.77
-0.72-0.2-0.68-0.73-0.530.15-0.72-0.57-0.03-0.57-0.65-0.710.28-0.70.090.65-0.350.56-0.59-0.67-0.620.280.56-0.76-0.3
0.760.280.840.740.52-0.570.740.520.640.34-0.650.66-0.230.990.38-0.550.1-0.470.730.990.78-0.230.050.760.31
0.850.710.820.850.9-0.10.850.910.190.89-0.710.66-0.770.690.46-0.260.18-0.290.940.710.93-0.77-0.390.820.81
-0.37-0.8-0.37-0.37-0.77-0.08-0.36-0.820.04-0.730.28-0.23-0.77-0.25-0.69-0.32-0.06-0.3-0.78-0.26-0.71.00.14-0.29-0.95
0.790.290.860.760.55-0.530.770.560.560.38-0.70.990.69-0.250.37-0.540.15-0.450.740.980.79-0.250.010.780.34
0.280.640.350.250.58-0.40.250.550.380.350.090.380.46-0.690.370.42-0.130.410.650.380.6-0.690.460.180.72
-0.470.2-0.42-0.49-0.070.26-0.49-0.05-0.42-0.110.65-0.55-0.26-0.32-0.540.42-0.290.91-0.15-0.57-0.25-0.320.4-0.590.33
0.18-0.130.10.190.140.140.190.2-0.330.18-0.350.10.18-0.060.15-0.13-0.29-0.190.070.110.0-0.06-0.270.220.08
-0.540.22-0.47-0.55-0.210.23-0.55-0.11-0.39-0.260.56-0.47-0.29-0.3-0.450.410.91-0.19-0.2-0.49-0.3-0.30.42-0.640.31
0.830.730.850.810.93-0.30.810.910.330.82-0.590.730.94-0.780.740.65-0.150.07-0.20.760.99-0.78-0.080.760.82
0.820.380.880.790.55-0.560.80.550.630.4-0.670.990.71-0.260.980.38-0.570.11-0.490.760.81-0.260.010.820.35
0.860.690.880.840.9-0.360.840.870.430.8-0.620.780.93-0.70.790.6-0.250.0-0.30.990.81-0.7-0.090.810.74
-0.37-0.8-0.37-0.37-0.77-0.08-0.36-0.820.04-0.730.28-0.23-0.771.0-0.25-0.69-0.32-0.06-0.3-0.78-0.26-0.70.14-0.29-0.95
-0.270.0-0.11-0.31-0.21-0.55-0.31-0.260.35-0.430.560.05-0.390.140.010.460.4-0.270.42-0.080.01-0.090.14-0.36-0.11
0.990.410.940.990.74-0.240.990.690.30.74-0.760.760.82-0.290.780.18-0.590.22-0.640.760.820.81-0.29-0.360.43
0.520.840.520.520.810.090.510.86-0.070.77-0.30.310.81-0.950.340.720.330.080.310.820.350.74-0.95-0.110.43
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Central Depository Account Relationship Matchups

Central Depository fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B10.8B13.3B14.6B17.8B9.7B
Other Current Liab56.3M109.3M1.6B192.5M2.1B2.2B
Total Current Liabilities936.4M1.6B1.8B1.8B2.4B1.2B
Total Stockholder Equity7.2B8.8B10.9B12.1B14.6B8.0B
Property Plant And Equipment Net715.2M784.1M860.2M2.7B3.1B3.3B
Net Debt(28.5M)(358.9M)(778.3M)(479.9M)(106.3M)(111.7M)
Retained Earnings6.1B7.6B9.8B11.0B13.5B6.8B
Accounts Payable120.6M127.0M105.9M196.2M280.4M294.4M
Cash32.2M361.6M781.3M503.6M184.8M281.8M
Non Current Assets Total3.8B2.8B4.2B8.0B9.8B10.3B
Non Currrent Assets Other138.2M(957.1M)14.9M341.6M435.6M413.8M
Cash And Short Term Investments4.4B7.3B7.2B6.0B6.4B4.6B
Net Receivables321.3M485.2M520.8M460.7M783.6M822.8M
Short Term Investments4.3B7.0B6.4B5.5B6.3B4.3B
Liabilities And Stockholders Equity8.6B10.8B13.3B14.6B17.8B9.7B
Non Current Liabilities Total38.3M48.6M135.7M158.2M344.1M361.3M
Inventory(3.9B)(4.0B)(6.1B)(4.1B)26.5M27.9M
Other Current Assets4.1B189.6M190.1M203.0M737.6M575.0M
Other Stockholder Equity(5.7B)(7.6B)(9.8B)(11.0B)91.7M96.3M
Total Liab974.8M1.6B1.9B2.0B2.7B2.9B
Total Current Assets4.8B8.1B9.1B6.6B8.0B5.2B
Accumulated Other Comprehensive Income(241.1M)112.7M98.4M114.6M(17.8M)(18.7M)
Intangible Assets28.3M178.1M239.5M255.2M318.5M334.4M
Other Liab11.0M58.4M47.5M134.3M120.8M67.7M
Net Tangible Assets6.7B7.2B8.6B10.7B12.3B6.9B
Other Assets148.1M158.4M223.1M147.3M17.8B18.7B
Property Plant Equipment715.2M784.1M860.2M2.7B3.1B3.3B
Current Deferred Revenue756.7M1.3B1.5B1.4B1.8B1.1B
Short Term Debt2.8M(1.3B)1.4M(1.4B)5.3M5.6M
Short Long Term Debt Total3.7M2.8M2.9M23.7M13.6M12.9M
Good Will10.0M99.3M118.9M152.0M150.5M95.4M
Long Term Debt Total934K1.1M1.4M11.6M13.4M14.0M
Net Invested Capital7.2B8.8B10.9B12.1B14.6B10.4B
Net Working Capital3.9B6.5B7.3B4.7B5.6B4.9B

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