Century Change Receivables vs Free Cash Flow Analysis

CENX Stock

USD 23.24 0.75 3.33%

Century Aluminum financial indicator trend analysis is way more than just evaluating Century Aluminum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Aluminum is a good investment. Please check the relationship between Century Aluminum Change Receivables and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Aluminum. 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.

For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.

Change Receivables vs Free Cash Flow

Change Receivables vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Aluminum Change Receivables account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Century Aluminum's Change Receivables and Free Cash Flow is 0.28. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Century Aluminum, assuming nothing else is changed. The correlation between historical values of Century Aluminum's Change Receivables and Free Cash Flow 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 Receivables of Century Aluminum are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change Receivables i.e., Century Aluminum's Change Receivables and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

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Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Century Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Aluminum 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 Century Aluminum. 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.

For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.At this time, Century Aluminum's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 36.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	58.2M	37.5M	60.1M	44.9M
Cost Of Revenue	2.1B	2.7B	2.1B	1.4B

Total Operating Expenses Cost Of Revenue

Century Aluminum fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.43	0.16	0.23	0.7	0.95	0.11	-0.58	0.38	0.64	0.95	0.58	0.64	0.17	0.85	0.83	0.15	0.03	0.85	0.58	0.54	0.58	0.81	0.82	0.59	0.51
Short Long Term Debt Total	0.43		0.51	0.72	-0.28	0.19	0.91	-0.9	0.77	-0.12	0.18	-0.03	-0.11	0.28	0.59	0.8	0.78	0.65	0.55	0.9	0.7	0.84	0.69	0.7	0.48	-0.15
Other Current Liab	0.16	0.51		0.95	-0.37	-0.01	0.43	-0.45	0.88	-0.1	0.02	-0.13	-0.06	0.59	-0.06	0.39	0.78	0.03	-0.09	0.64	0.72	0.44	0.09	0.11	0.22	-0.5
Total Current Liabilities	0.23	0.72	0.95		-0.4	0.01	0.65	-0.61	0.97	-0.17	0.03	-0.14	-0.13	0.56	0.09	0.52	0.89	0.29	0.05	0.77	0.79	0.61	0.22	0.25	0.28	-0.45
Total Stockholder Equity	0.7	-0.28	-0.37	-0.4		0.85	-0.53	0.01	-0.27	0.75	0.86	0.67	0.74	-0.24	0.5	0.27	-0.47	-0.29	0.53	-0.17	0.02	-0.11	0.34	0.34	0.31	0.68
Property Plant And Equipment Net	0.95	0.19	-0.01	0.01	0.85		-0.12	-0.42	0.16	0.7	1.0	0.65	0.69	0.01	0.79	0.68	-0.08	-0.14	0.8	0.34	0.37	0.32	0.71	0.71	0.55	0.63
Net Debt	0.11	0.91	0.43	0.65	-0.53	-0.12		-0.75	0.68	-0.52	-0.13	-0.26	-0.51	0.29	0.35	0.52	0.79	0.67	0.32	0.75	0.48	0.68	0.48	0.48	0.28	-0.24
Retained Earnings	-0.58	-0.9	-0.45	-0.61	0.01	-0.42	-0.75		-0.71	-0.07	-0.41	-0.19	-0.08	-0.13	-0.75	-0.9	-0.72	-0.36	-0.74	-0.82	-0.66	-0.72	-0.83	-0.84	-0.76	-0.12
Accounts Payable	0.38	0.77	0.88	0.97	-0.27	0.16	0.68	-0.71		-0.09	0.18	0.01	-0.06	0.51	0.25	0.64	0.91	0.32	0.21	0.83	0.84	0.7	0.37	0.4	0.42	-0.28
Cash	0.64	-0.12	-0.1	-0.17	0.75	0.7	-0.52	-0.07	-0.09		0.71	0.59	1.0	-0.19	0.43	0.39	-0.34	-0.22	0.44	0.03	0.23	0.1	0.3	0.31	0.33	0.36
Non Current Assets Total	0.95	0.18	0.02	0.03	0.86	1.0	-0.13	-0.41	0.18	0.71		0.66	0.71	0.02	0.76	0.68	-0.07	-0.14	0.78	0.33	0.39	0.3	0.68	0.68	0.55	0.61
Non Currrent Assets Other	0.58	-0.03	-0.13	-0.14	0.67	0.65	-0.26	-0.19	0.01	0.59	0.66		0.59	-0.12	0.48	0.41	-0.14	-0.18	0.48	0.04	0.28	0.06	0.4	0.4	0.5	0.5
Cash And Short Term Investments	0.64	-0.11	-0.06	-0.13	0.74	0.69	-0.51	-0.08	-0.06	1.0	0.71	0.59		-0.18	0.41	0.39	-0.31	-0.22	0.42	0.03	0.26	0.09	0.29	0.3	0.34	0.34
Net Receivables	0.17	0.28	0.59	0.56	-0.24	0.01	0.29	-0.13	0.51	-0.19	0.02	-0.12	-0.18		-0.01	0.19	0.41	-0.06	-0.05	0.51	0.38	0.48	0.11	0.12	-0.24	-0.38
Common Stock Shares Outstanding	0.85	0.59	-0.06	0.09	0.5	0.79	0.35	-0.75	0.25	0.43	0.76	0.48	0.41	-0.01		0.86	0.18	0.18	1.0	0.61	0.36	0.62	0.97	0.97	0.68	0.56
Non Current Liabilities Total	0.83	0.8	0.39	0.52	0.27	0.68	0.52	-0.9	0.64	0.39	0.68	0.41	0.39	0.19	0.86		0.52	0.27	0.84	0.83	0.74	0.76	0.9	0.91	0.76	0.25
Inventory	0.15	0.78	0.78	0.89	-0.47	-0.08	0.79	-0.72	0.91	-0.34	-0.07	-0.14	-0.31	0.41	0.18	0.52		0.33	0.15	0.74	0.66	0.66	0.33	0.35	0.44	-0.3
Other Current Assets	0.03	0.65	0.03	0.29	-0.29	-0.14	0.67	-0.36	0.32	-0.22	-0.14	-0.18	-0.22	-0.06	0.18	0.27	0.33		0.15	0.37	0.38	0.47	0.17	0.17	-0.04	-0.3
Other Stockholder Equity	0.85	0.55	-0.09	0.05	0.53	0.8	0.32	-0.74	0.21	0.44	0.78	0.48	0.42	-0.05	1.0	0.84	0.15	0.15		0.57	0.33	0.58	0.97	0.96	0.69	0.6
Total Liab	0.58	0.9	0.64	0.77	-0.17	0.34	0.75	-0.82	0.83	0.03	0.33	0.04	0.03	0.51	0.61	0.83	0.74	0.37	0.57		0.73	0.92	0.72	0.73	0.46	-0.07
Property Plant And Equipment Gross	0.54	0.7	0.72	0.79	0.02	0.37	0.48	-0.66	0.84	0.23	0.39	0.28	0.26	0.38	0.36	0.74	0.66	0.38	0.33	0.73		0.65	0.44	0.46	0.48	-0.31
Total Current Assets	0.58	0.84	0.44	0.61	-0.11	0.32	0.68	-0.72	0.7	0.1	0.3	0.06	0.09	0.48	0.62	0.76	0.66	0.47	0.58	0.92	0.65		0.71	0.71	0.37	-0.04
Common Stock Total Equity	0.81	0.69	0.09	0.22	0.34	0.71	0.48	-0.83	0.37	0.3	0.68	0.4	0.29	0.11	0.97	0.9	0.33	0.17	0.97	0.72	0.44	0.71		1.0	0.72	0.46
Common Stock	0.82	0.7	0.11	0.25	0.34	0.71	0.48	-0.84	0.4	0.31	0.68	0.4	0.3	0.12	0.97	0.91	0.35	0.17	0.96	0.73	0.46	0.71	1.0		0.73	0.45
Other Liab	0.59	0.48	0.22	0.28	0.31	0.55	0.28	-0.76	0.42	0.33	0.55	0.5	0.34	-0.24	0.68	0.76	0.44	-0.04	0.69	0.46	0.48	0.37	0.72	0.73		0.44
Other Assets	0.51	-0.15	-0.5	-0.45	0.68	0.63	-0.24	-0.12	-0.28	0.36	0.61	0.5	0.34	-0.38	0.56	0.25	-0.3	-0.3	0.6	-0.07	-0.31	-0.04	0.46	0.45	0.44

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Century Aluminum Account Relationship Matchups

Century Aluminum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.4B	1.6B	1.5B	1.8B	1.6B
Short Long Term Debt Total	319.8M	340.2M	474.1M	548.6M	503.4M	380.1M
Other Current Liab	108.8M	104.8M	237.9M	95.5M	468.4M	491.8M
Total Current Liabilities	233.7M	240.3M	547.4M	410.7M	763M	801.2M
Total Stockholder Equity	675M	546.1M	421M	399.3M	355.6M	622.8M
Property Plant And Equipment Net	949.2M	880.4M	892.5M	744.4M	1.0B	947.5M
Net Debt	280.9M	258.6M	445.1M	494.3M	384.9M	256.8M
Retained Earnings	(1.7B)	(1.8B)	(1.9B)	(2.0B)	(2.0B)	(1.9B)
Accounts Payable	97.1M	106.1M	186.5M	167.3M	249.5M	262.0M
Non Current Assets Total	1.0B	943.6M	951.7M	794.2M	1.1B	1.1B
Non Currrent Assets Other	62.7M	63.2M	12.1M	49.8M	50.5M	63.8M
Net Receivables	100.2M	61.3M	88.9M	71.7M	169.4M	97.2M
Common Stock Shares Outstanding	88.8M	89.5M	90.2M	91.4M	92.4M	65.7M
Liabilities And Stockholders Equity	1.5B	1.4B	1.6B	1.5B	1.8B	1.6B
Non Current Liabilities Total	591M	613.2M	601.5M	662M	739.4M	637.5M
Inventory	320.6M	291.1M	425.6M	398.8M	477M	500.9M
Other Current Assets	27.6M	22M	74.7M	153M	31.9M	41.1M
Other Stockholder Equity	2.4B	2.4B	2.4B	2.5B	2.5B	1.7B
Total Liab	824.7M	853.5M	1.1B	1.1B	1.5B	936.7M
Property Plant And Equipment Gross	949.2M	880.4M	892.5M	1.9B	2.2B	2.3B
Total Current Assets	487.3M	456M	618.2M	677.8M	767.1M	479.0M
Accumulated Other Comprehensive Income	(109.8M)	(118.8M)	(82.3M)	(94M)	(97.9M)	(102.8M)
Other Liab	299M	300.8M	248.8M	259.5M	298.4M	335.0M
Property Plant Equipment	949.2M	880.4M	892.5M	765.3M	880.1M	1.1B
Long Term Debt	249.2M	243.1M	329.8M	381.6M	430.9M	243.9M
Short Term Debt	27.8M	29.4M	123M	147.9M	45.1M	61.1M
Net Tangible Assets	675M	546.1M	421M	399.3M	359.4M	634.8M
Retained Earnings Total Equity	(1.6B)	(1.7B)	(1.8B)	(1.9B)	(1.8B)	(1.8B)
Long Term Debt Total	248.6M	249.2M	243.1M	329.8M	379.3M	280.7M
Capital Surpluse	2.5B	2.5B	2.5B	2.5B	2.9B	2.8B
Deferred Long Term Liab	104.3M	95.1M	89.2M	58.7M	52.8M	78.4M

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Century Change Receivables vs Free Cash Flow Analysis

Change Receivables vs Free Cash Flow

Change Receivables vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change Receivables

Free Cash Flow

Century Aluminum fundamental ratios Correlations

Century Aluminum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Century Aluminum fundamental ratios Accounts

Also Currently Popular

Additional Tools for Century Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.97	Total Current Liabilities
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding

Non Current Liabilities Total	- 0.9	Retained Earnings
Retained Earnings	- 0.9	Short Long Term Debt Total
Common Stock	- 0.84	Retained Earnings
Common Stock Total Equity	- 0.83	Retained Earnings
Total Liab	- 0.82	Retained Earnings
Other Liab	- 0.76	Retained Earnings