Celanese Total Current Assets vs Total Revenue Analysis

CE Stock  USD 70.94  0.93  1.29%   
Celanese financial indicator trend analysis is way more than just evaluating Celanese prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celanese is a good investment. Please check the relationship between Celanese Total Current Assets and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celanese Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Celanese's Total Current Assets and Total Revenue is 0.76. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Celanese, assuming nothing else is changed. The correlation between historical values of Celanese's Total Current Assets and Total 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 Current Assets of Celanese are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Celanese's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Celanese generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Celanese's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celanese 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 Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.At present, Celanese's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit2.4B2.6B3.0B1.7B
Total Revenue9.7B10.9B12.6B6.9B

Celanese fundamental ratios Correlations

0.97-0.06-0.12-0.711.01.00.950.980.220.75-0.070.990.930.810.931.00.320.990.880.790.990.990.980.890.94
0.97-0.06-0.16-0.750.940.950.890.960.030.73-0.140.950.960.790.890.970.280.940.850.770.950.920.950.870.96
-0.06-0.06-0.820.39-0.05-0.1-0.180.090.06-0.340.82-0.08-0.23-0.07-0.2-0.040.63-0.1-0.210.130.04-0.09-0.090.39-0.14
-0.12-0.16-0.820.12-0.1-0.10.03-0.290.14-0.02-0.74-0.13-0.11-0.270.14-0.13-0.73-0.080.14-0.46-0.2-0.06-0.17-0.470.0
-0.71-0.750.390.12-0.67-0.71-0.69-0.70.08-0.80.3-0.72-0.9-0.75-0.57-0.69-0.2-0.69-0.6-0.71-0.66-0.66-0.79-0.45-0.65
1.00.94-0.05-0.1-0.671.00.960.970.30.74-0.040.990.90.80.930.990.331.00.880.780.991.00.970.880.92
1.00.95-0.1-0.1-0.711.00.950.960.230.77-0.071.00.920.810.921.00.291.00.870.790.990.990.980.870.92
0.950.89-0.180.03-0.690.960.950.90.340.75-0.220.940.880.790.910.940.280.950.890.740.930.960.930.750.88
0.980.960.09-0.29-0.70.970.960.90.160.70.050.970.920.810.860.980.430.950.810.840.980.950.970.930.91
0.220.030.060.140.080.30.230.340.160.250.040.210.020.260.330.210.430.250.310.20.230.320.170.160.12
0.750.73-0.34-0.02-0.80.740.770.750.70.25-0.250.770.80.930.70.740.310.770.690.810.720.750.790.520.68
-0.07-0.140.82-0.740.3-0.04-0.07-0.220.050.04-0.25-0.05-0.25-0.04-0.23-0.060.55-0.07-0.270.190.03-0.07-0.030.3-0.29
0.990.95-0.08-0.13-0.720.991.00.940.970.210.77-0.050.920.820.90.990.311.00.850.80.990.990.980.870.91
0.930.96-0.23-0.11-0.90.90.920.880.920.020.8-0.250.920.80.830.920.240.910.820.770.890.880.940.740.91
0.810.79-0.07-0.27-0.750.80.810.790.810.260.93-0.040.820.80.680.80.540.80.640.950.80.790.850.680.7
0.930.89-0.20.14-0.570.930.920.910.860.330.7-0.230.90.830.680.920.160.930.980.590.90.940.860.760.92
1.00.97-0.04-0.13-0.690.991.00.940.980.210.74-0.060.990.920.80.920.320.990.870.791.00.990.970.90.94
0.320.280.63-0.73-0.20.330.290.280.430.430.310.550.310.240.540.160.320.290.150.640.370.310.360.510.14
0.990.94-0.1-0.08-0.691.01.00.950.950.250.77-0.071.00.910.80.930.990.290.870.780.991.00.970.860.92
0.880.85-0.210.14-0.60.880.870.890.810.310.69-0.270.850.820.640.980.870.150.870.550.850.890.810.690.88
0.790.770.13-0.46-0.710.780.790.740.840.20.810.190.80.770.950.590.790.640.780.550.80.760.860.750.63
0.990.950.04-0.2-0.660.990.990.930.980.230.720.030.990.890.80.91.00.370.990.850.80.980.970.930.92
0.990.92-0.09-0.06-0.661.00.990.960.950.320.75-0.070.990.880.790.940.990.311.00.890.760.980.960.860.92
0.980.95-0.09-0.17-0.790.970.980.930.970.170.79-0.030.980.940.850.860.970.360.970.810.860.970.960.850.88
0.890.870.39-0.47-0.450.880.870.750.930.160.520.30.870.740.680.760.90.510.860.690.750.930.860.850.82
0.940.96-0.140.0-0.650.920.920.880.910.120.68-0.290.910.910.70.920.940.140.920.880.630.920.920.880.82
Click cells to compare fundamentals

Celanese Account Relationship Matchups

Celanese fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.9B12.0B26.3B26.6B30.6B32.1B
Total Stockholder Equity3.5B4.2B5.6B7.1B8.2B8.6B
Other Assets434M1.2B769M1.4B1.2B974.8M
Common Stock Shares Outstanding118.5M112.1M109.2M109.4M125.8M145.0M
Liabilities And Stockholders Equity10.9B12.0B26.3B26.6B30.6B32.1B
Other Stockholder Equity(4.2B)(5.2B)(5.1B)(5.1B)(4.6B)(4.4B)
Total Liab7.0B7.4B20.2B19.0B21.9B23.0B
Short Long Term Debt Total3.9B4.2B15.0B14.1B16.2B17.0B
Other Current Liab504M436M1.1B1.1B1.2B1.3B
Total Current Liabilities2.0B2.5B4.1B4.1B4.7B4.9B
Other Liab1.2B1.6B1.6B2.4B2.1B1.5B
Property Plant And Equipment Net4.2B4.4B6.0B6.0B6.9B3.7B
Net Debt3.0B3.6B13.5B12.3B14.1B14.8B
Retained Earnings8.1B9.7B11.3B12.9B14.9B15.6B
Accounts Payable797M1.2B1.5B1.5B1.7B895.1M
Cash955M536M1.5B1.8B2.1B2.2B
Non Current Assets Total7.1B8.2B19.7B20.4B23.4B24.6B
Non Currrent Assets Other411M521M547M524M471.6M331.0M
Long Term Debt3.2B3.2B13.4B12.3B14.1B14.9B
Cash And Short Term Investments1.5B546M1.5B1.8B2.1B2.2B
Net Receivables1.2B1.7B2.1B1.8B2.1B1.4B
Good Will1.2B1.4B7.1B7.0B8.0B8.4B
Non Current Liabilities Total5.0B4.9B16.1B15.0B17.2B18.1B
Inventory978M1.5B2.8B2.4B2.7B2.8B
Other Current Assets55M70M241M272M312.8M328.4M
Property Plant And Equipment Gross4.2B4.2B5.6B10.1B11.6B12.2B
Total Current Assets3.8B3.8B6.6B6.2B7.2B7.5B
Accumulated Other Comprehensive Income(328M)(329M)(518M)(744M)(669.6M)(636.1M)
Treasury Stock(3.8B)(4.5B)(5.5B)(5.5B)(4.9B)(4.7B)
Short Term Debt532M828M1.4B1.4B1.7B1.7B
Intangible Assets319M735M4.1B4.0B4.6B4.8B
Common Stock16.9K16.9K17.0K17.0K15.3K14.5K
Property Plant Equipment3.7B3.9B4.4B5.6B6.4B3.5B
Short Term Investments31M40M533M10M11.5M10.9M
Net Tangible Assets1.3B2.2B2.0B6.0B6.9B7.2B
Noncontrolling Interest In Consolidated Entity391M369M348M468M538.2M277.1M
Retained Earnings Total Equity6.4B8.1B9.7B11.3B13.0B13.6B
Long Term Debt Total3.4B3.2B3.2B13.4B15.4B16.1B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celanese. If investors know Celanese will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.88)
Dividend Share
2.8
Earnings Share
10.04
Revenue Per Share
95.989
Quarterly Revenue Growth
(0.03)
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celanese's market value can be influenced by many factors that don't directly affect Celanese's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.