Centum Non Current Assets Total vs Common Stock 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 Non Current Assets Total and its Common Stock 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.

Non Current Assets Total vs Common Stock

Non Current Assets Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centum Electronics Non Current Assets Total account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centum Electronics' Non Current Assets Total and Common Stock is -0.13. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock 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' Non Current Assets Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Centum Electronics Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Assets Total i.e., Centum Electronics' Non Current Assets Total and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock

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.