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 Total Revenue and its Total Operating Expenses 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.
Total Revenue vs Total Operating Expenses
Total Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centamin PLC Total Revenue account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centamin PLC's Total Revenue and Total Operating Expenses is 0.7. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Operating Expenses 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 Total Revenue and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Centamin PLC are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Revenue i.e., Centamin PLC's Total Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Centamin PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 |
Centamin PLC fundamental ratios Correlations
Click cells to compare fundamentals
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
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.