Centamin Interest Expense vs Operating Income Analysis

CEY Stock

146.00 2.00 1.39%

Centamin PLC financial indicator trend analysis is way more than just evaluating Centamin PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centamin PLC is a good investment. Please check the relationship between Centamin PLC Interest Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centamin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centamin PLC Interest Expense account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Centamin PLC's Interest Expense and Operating Income is -0.14. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Centamin PLC, assuming nothing else is changed. The correlation between historical values of Centamin PLC's Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Centamin PLC are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Centamin PLC's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Centamin PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Centamin PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Centamin PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centamin PLC 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 Centamin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Centamin PLC's Tax Provision is projected to decrease significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	245.9M	244.3M	294.7M	151.5M
Total Revenue	733.3M	788.4M	891.3M	935.8M

Gross Profit Total Revenue

Centamin PLC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity
Total Assets		0.43	0.58	1.0	0.25	0.63	0.58	0.21	-0.61	0.42	0.24	0.48	0.93	0.76	0.98	-0.59	0.96	0.97	-0.19	0.57	0.91	0.28	-0.78	0.46	0.82	0.91
Other Current Liab	0.43		0.9	0.37	0.89	0.3	0.07	0.87	-0.75	0.66	0.84	0.93	0.39	0.75	0.43	0.02	0.36	0.49	0.54	0.09	0.46	0.86	-0.12	0.89	0.26	0.55
Total Current Liabilities	0.58	0.9		0.52	0.82	0.68	0.09	0.78	-0.74	0.59	0.74	0.97	0.52	0.82	0.61	-0.02	0.51	0.66	0.44	0.11	0.58	0.81	-0.37	0.87	0.33	0.63
Total Stockholder Equity	1.0	0.37	0.52		0.18	0.6	0.62	0.15	-0.6	0.41	0.18	0.42	0.93	0.74	0.97	-0.64	0.96	0.95	-0.25	0.62	0.92	0.22	-0.79	0.41	0.85	0.9
Other Liab	0.25	0.89	0.82	0.18		0.28	-0.13	0.94	-0.57	0.43	0.82	0.93	0.2	0.61	0.26	0.22	0.19	0.35	0.73	-0.12	0.26	0.99	0.01	0.91	0.04	0.36
Accounts Payable	0.63	0.3	0.68	0.6	0.28		0.13	0.22	-0.36	0.19	0.21	0.56	0.56	0.53	0.69	-0.15	0.58	0.69	0.05	0.13	0.56	0.33	-0.65	0.4	0.35	0.52
Cash	0.58	0.07	0.09	0.62	-0.13	0.13		-0.24	-0.26	0.16	-0.03	0.02	0.55	0.24	0.41	-0.99	0.63	0.36	-0.41	1.0	0.53	-0.09	-0.58	-0.08	0.94	0.49
Other Assets	0.21	0.87	0.78	0.15	0.94	0.22	-0.24		-0.62	0.47	0.89	0.87	0.22	0.62	0.25	0.32	0.11	0.34	0.81	-0.22	0.29	0.91	0.02	0.86	-0.04	0.39
Long Term Debt	-0.61	-0.75	-0.74	-0.6	-0.57	-0.36	-0.26	-0.62		-0.83	-0.53	-0.69	-0.71	-0.9	-0.63	0.17	-0.5	-0.65	-0.22	-0.28	-0.78	-0.52	0.45	-0.74	-0.48	-0.84
Net Receivables	0.42	0.66	0.59	0.41	0.43	0.19	0.16	0.47	-0.83		0.41	0.52	0.55	0.68	0.45	-0.09	0.3	0.46	0.21	0.18	0.6	0.37	-0.31	0.62	0.33	0.67
Other Current Assets	0.24	0.84	0.74	0.18	0.82	0.21	-0.03	0.89	-0.53	0.41		0.8	0.2	0.52	0.21	0.1	0.17	0.29	0.72	-0.01	0.26	0.8	0.01	0.71	0.12	0.35
Total Liab	0.48	0.93	0.97	0.42	0.93	0.56	0.02	0.87	-0.69	0.52	0.8		0.42	0.75	0.5	0.06	0.41	0.57	0.59	0.03	0.48	0.93	-0.26	0.92	0.23	0.55
Common Stock	0.93	0.39	0.52	0.93	0.2	0.56	0.55	0.22	-0.71	0.55	0.2	0.42		0.72	0.91	-0.55	0.8	0.9	-0.11	0.54	0.99	0.23	-0.88	0.41	0.78	0.97
Property Plant Equipment	0.76	0.75	0.82	0.74	0.61	0.53	0.24	0.62	-0.9	0.68	0.52	0.75	0.72		0.8	-0.17	0.72	0.82	0.12	0.25	0.78	0.58	-0.46	0.82	0.5	0.83
Property Plant And Equipment Net	0.98	0.43	0.61	0.97	0.26	0.69	0.41	0.25	-0.63	0.45	0.21	0.5	0.91	0.8		-0.42	0.92	0.99	-0.18	0.4	0.9	0.29	-0.75	0.52	0.69	0.9
Net Debt	-0.59	0.02	-0.02	-0.64	0.22	-0.15	-0.99	0.32	0.17	-0.09	0.1	0.06	-0.55	-0.17	-0.42		-0.64	-0.37	0.46	-0.98	-0.52	0.16	0.6	0.16	-0.93	-0.47
Retained Earnings	0.96	0.36	0.51	0.96	0.19	0.58	0.63	0.11	-0.5	0.3	0.17	0.41	0.8	0.72	0.92	-0.64		0.91	-0.32	0.63	0.79	0.22	-0.66	0.4	0.83	0.79
Non Current Assets Total	0.97	0.49	0.66	0.95	0.35	0.69	0.36	0.34	-0.65	0.46	0.29	0.57	0.9	0.82	0.99	-0.37	0.91		-0.08	0.36	0.89	0.38	-0.72	0.58	0.66	0.9
Non Currrent Assets Other	-0.19	0.54	0.44	-0.25	0.73	0.05	-0.41	0.81	-0.22	0.21	0.72	0.59	-0.11	0.12	-0.18	0.46	-0.32	-0.08		-0.39	-0.07	0.72	0.19	0.48	-0.33	0.0
Cash And Short Term Investments	0.57	0.09	0.11	0.62	-0.12	0.13	1.0	-0.22	-0.28	0.18	-0.01	0.03	0.54	0.25	0.4	-0.98	0.63	0.36	-0.39		0.53	-0.08	-0.57	-0.07	0.94	0.49
Common Stock Shares Outstanding	0.91	0.46	0.58	0.92	0.26	0.56	0.53	0.29	-0.78	0.6	0.26	0.48	0.99	0.78	0.9	-0.52	0.79	0.89	-0.07	0.53		0.28	-0.86	0.47	0.77	0.98
Non Current Liabilities Total	0.28	0.86	0.81	0.22	0.99	0.33	-0.09	0.91	-0.52	0.37	0.8	0.93	0.23	0.58	0.29	0.16	0.22	0.38	0.72	-0.08	0.28		-0.07	0.88	0.07	0.36
Other Stockholder Equity	-0.78	-0.12	-0.37	-0.79	0.01	-0.65	-0.58	0.02	0.45	-0.31	0.01	-0.26	-0.88	-0.46	-0.75	0.6	-0.66	-0.72	0.19	-0.57	-0.86	-0.07		-0.16	-0.72	-0.77
Property Plant And Equipment Gross	0.46	0.89	0.87	0.41	0.91	0.4	-0.08	0.86	-0.74	0.62	0.71	0.92	0.41	0.82	0.52	0.16	0.4	0.58	0.48	-0.07	0.47	0.88	-0.16		0.16	0.56
Total Current Assets	0.82	0.26	0.33	0.85	0.04	0.35	0.94	-0.04	-0.48	0.33	0.12	0.23	0.78	0.5	0.69	-0.93	0.83	0.66	-0.33	0.94	0.77	0.07	-0.72	0.16		0.74
Common Stock Total Equity	0.91	0.55	0.63	0.9	0.36	0.52	0.49	0.39	-0.84	0.67	0.35	0.55	0.97	0.83	0.9	-0.47	0.79	0.9	0.0	0.49	0.98	0.36	-0.77	0.56	0.74

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Centamin PLC Account Relationship Matchups

Centamin PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.4B	1.4B	1.5B	1.5B	899.0M
Other Current Liab	39.0M	40.5M	44.3M	57.3M	66.9M	70.2M
Total Current Liabilities	66.2M	72.2M	80.6M	102.9M	96.3M	101.2M
Total Stockholder Equity	1.3B	1.3B	1.3B	1.3B	1.4B	847.8M
Other Liab	13.7M	14.6M	34.2M	53.0M	61.0M	64.0M
Accounts Payable	27.2M	31.5M	36.1M	43.5M	27.6M	19.5M
Cash	278.2M	291.3M	207.8M	102.4M	93.3M	160.3M
Other Assets	52.8M	65.0M	64.9M	96.1M	110.6M	116.1M
Net Receivables	34.7M	12.5M	29.1M	29.8M	44.9M	47.2M
Other Current Assets	23.6M	14.8M	11.4M	19.7M	22.6M	23.7M
Total Liab	80.8M	106.4M	133.7M	152.1M	144.6M	151.9M
Common Stock	672.1M	668.8M	669.5M	671.0M	673.4M	500.3M
Property Plant Equipment	872.9M	893.6M	981.5M	1.1B	1.3B	1.3B
Property Plant And Equipment Net	872.9M	893.6M	981.5M	1.1B	1.1B	638.7M
Net Debt	(278.2M)	(291.3M)	(207.2M)	(96.0M)	(88.2M)	(92.6M)
Retained Earnings	615.4M	634.5M	655.5M	641.8M	681.9M	395.6M
Non Current Assets Total	925.6M	958.6M	1.0B	1.2B	1.2B	697.7M
Non Currrent Assets Other	52.8M	65.0M	64.9M	96.1M	104.1M	109.3M
Cash And Short Term Investments	284.7M	291.3M	207.8M	102.4M	93.3M	174.4M
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B	1.0B
Liabilities And Stockholders Equity	1.4B	1.4B	1.4B	1.5B	1.5B	974.0M
Non Current Liabilities Total	14.6M	34.2M	53.0M	49.2M	48.3M	50.7M
Property Plant And Equipment Gross	872.9M	893.6M	1.9B	2.2B	2.3B	2.4B
Total Current Assets	446.8M	437.3M	377.1M	285.9M	310.3M	276.4M
Accumulated Other Comprehensive Income	4.2M	3.3M	5.0M	6.1M	10.1M	10.6M
Common Stock Total Equity	668.7M	670.6M	672.1M	668.8M	769.1M	616.2M
Inventory	109.0M	118.7M	128.7M	134.1M	149.5M	99.4M
Net Tangible Assets	1.3B	1.3B	1.3B	1.3B	1.2B	1.1B
Net Invested Capital	1.3B	1.3B	1.3B	1.3B	1.4B	1.1B
Net Working Capital	380.6M	365.1M	296.5M	183.0M	213.9M	257.7M
Capital Stock	672.1M	668.8M	669.5M	671.0M	673.4M	738.0M

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Balance Sheet is a snapshot of the financial position of Centamin PLC at a specified time, usually calculated after every quarter, six months, or one year. Centamin PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centamin PLC 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 Centamin currently owns. An asset can also be divided into two categories, current and non-current.

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Centamin Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

Centamin PLC fundamental ratios Correlations

Centamin PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Centamin PLC fundamental ratios Accounts

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Other Information on Investing in Centamin Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Other Liab
Common Stock Shares Outstanding	+ 0.99	Common Stock
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.98	Total Assets

Net Debt	- 0.99	Cash
Cash And Short Term Investments	- 0.98	Net Debt
Total Current Assets	- 0.93	Net Debt
Property Plant Equipment	- 0.9	Long Term Debt
Other Stockholder Equity	- 0.88	Common Stock
Other Stockholder Equity	- 0.86	Common Stock Shares Outstanding