Centum Change To Inventory vs Dividends Paid Analysis

CENTUM Stock   1,511  15.75  1.05%   
Centum Electronics financial indicator trend analysis is way more than just evaluating Centum Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centum Electronics is a good investment. Please check the relationship between Centum Electronics Change To Inventory and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centum Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Change To Inventory vs Dividends Paid

Change To Inventory vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centum Electronics Change To Inventory account and Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Centum Electronics' Change To Inventory and Dividends Paid is -0.32. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Centum Electronics Limited, assuming nothing else is changed. The correlation between historical values of Centum Electronics' Change To Inventory and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Centum Electronics Limited are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Inventory i.e., Centum Electronics' Change To Inventory and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Centum Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centum Electronics 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 Centum Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
The current year's Selling General Administrative is expected to grow to about 194.8 M, whereas Tax Provision is forecasted to decline to about 62.8 M.
 2021 2022 2023 2024 (projected)
Total Revenue7.3B8.8B10.5B5.7B
Interest Expense158.4M273.4M346.3M363.6M

Centum Electronics fundamental ratios Correlations

0.950.430.990.870.920.930.350.970.440.480.880.950.50.070.990.99-0.150.920.90.70.940.920.680.910.14
0.950.270.940.790.870.990.220.960.320.420.870.830.450.160.950.93-0.060.970.770.750.940.960.820.9-0.03
0.430.270.440.330.490.250.210.410.250.790.660.490.27-0.30.450.430.050.30.630.250.40.34-0.10.420.52
0.990.940.440.830.90.920.290.960.40.460.870.940.480.131.00.99-0.110.920.920.740.950.920.670.880.15
0.870.790.330.830.880.730.650.830.690.520.680.880.48-0.190.810.87-0.420.730.690.440.70.690.520.910.28
0.920.870.490.90.880.840.430.960.510.490.840.880.47-0.110.910.88-0.250.860.810.560.810.810.570.890.17
0.930.990.250.920.730.840.10.940.20.370.860.780.460.180.930.9-0.040.970.750.750.950.950.850.85-0.1
0.350.220.210.290.650.430.10.30.960.40.210.530.03-0.260.280.36-0.220.120.280.090.120.15-0.030.520.56
0.970.960.410.960.830.960.940.30.40.450.890.880.430.080.970.93-0.130.950.840.720.920.920.710.90.08
0.440.320.250.40.690.510.20.960.40.430.280.590.03-0.20.390.45-0.20.220.390.230.250.230.040.60.59
0.480.420.790.460.520.490.370.40.450.430.670.510.21-0.20.460.48-0.040.440.530.360.490.450.080.630.55
0.880.870.660.870.680.840.860.210.890.280.670.790.440.020.890.850.070.860.820.670.890.90.590.830.17
0.950.830.490.940.880.880.780.530.880.590.510.790.460.070.930.96-0.180.80.920.610.840.820.470.850.29
0.50.450.270.480.480.470.460.030.430.030.210.440.46-0.420.480.53-0.080.390.41-0.110.380.350.30.45-0.13
0.070.16-0.30.13-0.19-0.110.18-0.260.08-0.2-0.20.020.07-0.420.120.070.270.260.190.450.320.340.07-0.1-0.14
0.990.950.451.00.810.910.930.280.970.390.460.890.930.480.120.98-0.080.920.920.740.950.930.680.880.13
0.990.930.430.990.870.880.90.360.930.450.480.850.960.530.070.98-0.160.880.90.680.930.90.650.890.17
-0.15-0.060.05-0.11-0.42-0.25-0.04-0.22-0.13-0.2-0.040.07-0.18-0.080.27-0.08-0.16-0.11-0.030.10.00.010.0-0.09-0.02
0.920.970.30.920.730.860.970.120.950.220.440.860.80.390.260.920.88-0.110.780.760.950.970.760.84-0.05
0.90.770.630.920.690.810.750.280.840.390.530.820.920.410.190.920.9-0.030.780.670.880.810.380.740.34
0.70.750.250.740.440.560.750.090.720.230.360.670.61-0.110.450.740.680.10.760.670.80.790.690.610.16
0.940.940.40.950.70.810.950.120.920.250.490.890.840.380.320.950.930.00.950.880.80.970.670.820.08
0.920.960.340.920.690.810.950.150.920.230.450.90.820.350.340.930.90.010.970.810.790.970.720.810.01
0.680.82-0.10.670.520.570.85-0.030.710.040.080.590.470.30.070.680.650.00.760.380.690.670.720.65-0.29
0.910.90.420.880.910.890.850.520.90.60.630.830.850.45-0.10.880.89-0.090.840.740.610.820.810.650.27
0.14-0.030.520.150.280.17-0.10.560.080.590.550.170.29-0.13-0.140.130.17-0.02-0.050.340.160.080.01-0.290.27
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Centum Electronics Account Relationship Matchups

Centum Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B9.8B9.2B10.7B10.6B6.4B
Short Long Term Debt Total3.7B3.7B3.2B3.1B2.2B1.8B
Other Current Liab1.3B1.1B930.4M1.5B3.2B3.4B
Total Current Liabilities7.2B5.7B5.9B7.4B7.1B3.8B
Total Stockholder Equity2.1B2.2B2.0B2.1B2.0B1.6B
Property Plant And Equipment Net1.7B1.8B1.6B1.6B1.7B1.2B
Net Debt3.6B3.3B2.7B2.7B1.8B1.5B
Cash136.0M411.5M480.4M352.7M481.2M278.2M
Non Current Assets Total3.8B3.6B3.3B3.3B3.0B2.0B
Cash And Short Term Investments180.8M453.9M523.5M584.2M481.2M301.1M
Common Stock Shares Outstanding12.9M12.9M12.9M13.0M13.0M13.9M
Liabilities And Stockholders Equity10.8B9.8B9.2B10.7B10.6B6.4B
Non Current Liabilities Total1.3B1.7B1.4B1.2B1.6B1.7B
Inventory2.4B1.9B2.2B2.6B3.2B1.6B
Other Current Assets1.1B768.1M645.7M575.2M1.1B746.1M
Other Stockholder Equity27.8M172.4M28.1M365.6M28.3M26.9M
Total Liab8.5B7.4B7.2B8.7B8.7B4.6B
Total Current Assets7.0B6.2B6.0B7.4B7.6B4.4B
Accumulated Other Comprehensive Income(666.3M)209.6M341.5M337.5M561.9M590.0M
Short Term Debt2.7B2.2B2.0B2.1B1.4B1.5B
Accounts Payable1.8B1.1B1.1B2.1B2.4B1.3B
Non Currrent Assets Other648.7M382.9M643.0M672.9M363.7M371.5M
Net Receivables3.4B3.1B2.5B3.8B2.8B2.6B
Intangible Assets542.9M544.1M500.2M513.8M415.7M372.2M
Current Deferred Revenue2.7B2.4B2.7B936.3M(33.4M)(31.8M)
Retained Earnings1.8B1.9B1.5B1.6B1.3B1.4B
Short Term Investments44.8M42.4M43.1M231.5M275.6M289.4M
Other Liab208.3M194.5M204.0M304.4M350.1M339.2M
Net Tangible Assets1.1B1.3B1.1B1.2B1.1B954.9M
Other Assets679.0M115.6M674.6M124.6M143.3M136.1M
Short Long Term Debt2.5B1.8B1.9B2.0B1.3B1.9B
Property Plant Equipment1.7B1.8B1.6B1.6B1.8B1.4B
Long Term Debt696.5M1.1B815.7M579.6M446.7M601.4M
Long Term Debt Total1.1B1.5B1.2B941.2M1.1B1.1B
Cash And Equivalents29.3M0.062M352.7M405.6M425.9M

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Other Information on Investing in Centum Stock

Balance Sheet is a snapshot of the financial position of Centum Electronics at a specified time, usually calculated after every quarter, six months, or one year. Centum Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centum Electronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Centum currently owns. An asset can also be divided into two categories, current and non-current.