CEIX Stock | | | USD 131.73 0.91 0.69% |
Consol Energy financial indicator trend analysis is way more than just evaluating Consol Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consol Energy is a good investment. Please check the relationship between Consol Energy Common Stock and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Consol Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Consol Stock please use our
How to Invest in Consol Energy guide.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Consol Energy Common Stock account and
Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Consol Energy's Common Stock and Accounts Payable is -0.54. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Consol Energy, assuming nothing else is changed. The correlation between historical values of Consol Energy's Common Stock and Accounts Payable 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 of Consol Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Consol Energy's Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents Consol Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Consol Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Consol Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consol Energy 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 Consol Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Consol Stock please use our
How to Invest in Consol Energy guide.At this time, Consol Energy's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas
Selling General Administrative is likely to drop slightly above 84.7
M in 2024.
Consol Energy fundamental ratios Correlations
Click cells to compare fundamentals
Consol Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Consol Energy fundamental ratios Accounts
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Additional Tools for Consol Stock Analysis
When running Consol Energy's price analysis, check to
measure Consol Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consol Energy is operating at the current time. Most of Consol Energy's value examination focuses on studying past and present price action to
predict the probability of Consol Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consol Energy's price. Additionally, you may evaluate how the addition of Consol Energy to your portfolios can decrease your overall portfolio volatility.