Central Net Receivables vs Total Assets 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 Net Receivables and its Total Assets 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Depository Net Receivables account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Central Depository's Net Receivables and Total Assets is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets 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 Net Receivables and Total 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 Net Receivables of Central Depository Services are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Central Depository's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Assets

Total assets refers to the total amount of Central Depository assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Central Depository books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
Click cells to compare fundamentals

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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