Centerra Research Development vs Other Operating Expenses Analysis

CGAU Stock

USD 5.96 0.28 4.49%

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

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

Research Development vs Other Operating Expenses

Research Development vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centerra Gold Research Development account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Centerra Gold's Research Development and Other Operating Expenses is -0.21. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Centerra Gold, assuming nothing else is changed. The correlation between historical values of Centerra Gold's Research Development and Other 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 Research Development of Centerra Gold are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Research Development i.e., Centerra Gold's Research Development and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Research Development

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Centerra Gold. It is also known as Centerra Gold overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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

For more information on how to buy Centerra Stock please use our How to Invest in Centerra Gold guide.At this time, Centerra Gold's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 4.43 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	900.1M	850.2M	1.1B	868.8M
Depreciation And Amortization	150.0M	104.7M	129.7M	153.2M

Total Revenue Depreciation And Amortization

Centerra Gold 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	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Other Assets	Short Term Investments	Current Deferred Revenue
Total Assets		0.29	0.37	0.82	0.98	0.94	-0.15	0.94	0.39	0.95	0.2	0.34	0.8	0.85	0.75	0.37	-0.16	0.9	0.79	-0.39	0.97	0.76	0.04	0.44	-0.4	0.49
Short Long Term Debt Total	0.29		-0.43	0.26	0.18	0.4	0.71	0.12	-0.35	0.38	-0.43	-0.27	0.12	0.55	0.41	0.58	-0.07	0.5	0.03	0.42	0.24	0.24	-0.3	0.18	-0.16	0.22
Other Current Liab	0.37	-0.43		0.4	0.35	0.35	-0.7	0.3	0.6	0.36	0.39	0.27	0.32	0.32	-0.13	-0.02	-0.18	0.35	0.27	-0.8	0.42	0.2	0.32	-0.33	-0.46	-0.04
Total Current Liabilities	0.82	0.26	0.4		0.75	0.84	-0.18	0.67	0.45	0.83	0.16	0.42	0.6	0.74	0.52	0.16	-0.38	0.86	0.56	-0.34	0.8	0.69	0.14	0.15	-0.59	0.45
Total Stockholder Equity	0.98	0.18	0.35	0.75		0.86	-0.22	0.98	0.41	0.88	0.29	0.37	0.79	0.73	0.75	0.31	-0.06	0.78	0.86	-0.35	0.95	0.71	0.03	0.5	-0.25	0.45
Property Plant And Equipment Net	0.94	0.4	0.35	0.84	0.86		0.05	0.82	0.19	1.0	-0.09	0.28	0.8	0.92	0.75	0.34	-0.25	0.95	0.53	-0.48	0.87	0.86	0.02	0.33	-0.58	0.43
Net Debt	-0.15	0.71	-0.7	-0.18	-0.22	0.05		-0.2	-0.88	0.03	-0.84	-0.25	-0.15	0.1	0.36	0.26	0.06	0.03	-0.45	0.43	-0.24	0.17	-0.27	0.06	0.07	-0.2
Retained Earnings	0.94	0.12	0.3	0.67	0.98	0.82	-0.2		0.36	0.83	0.27	0.34	0.79	0.65	0.76	0.29	0.0	0.7	0.84	-0.31	0.88	0.69	-0.05	0.54	-0.17	0.44
Cash	0.39	-0.35	0.6	0.45	0.41	0.19	-0.88	0.36		0.2	0.89	0.22	0.26	0.21	-0.22	-0.02	-0.17	0.28	0.64	-0.29	0.44	-0.09	0.05	0.16	-0.19	0.45
Non Current Assets Total	0.95	0.38	0.36	0.83	0.88	1.0	0.03	0.83	0.2		-0.07	0.3	0.8	0.91	0.75	0.33	-0.22	0.94	0.55	-0.48	0.89	0.86	0.05	0.34	-0.57	0.43
Cash And Short Term Investments	0.2	-0.43	0.39	0.16	0.29	-0.09	-0.84	0.27	0.89	-0.07		0.12	0.04	-0.1	-0.3	-0.12	0.16	-0.03	0.64	-0.01	0.28	-0.29	0.02	0.18	0.28	0.29
Net Receivables	0.34	-0.27	0.27	0.42	0.37	0.28	-0.25	0.34	0.22	0.3	0.12		0.26	0.12	0.27	-0.15	-0.11	0.22	0.31	-0.36	0.4	0.39	0.26	0.18	-0.21	0.01
Common Stock Shares Outstanding	0.8	0.12	0.32	0.6	0.79	0.8	-0.15	0.79	0.26	0.8	0.04	0.26		0.66	0.64	0.13	-0.2	0.7	0.53	-0.47	0.75	0.74	-0.05	0.54	-0.46	0.62
Non Current Liabilities Total	0.85	0.55	0.32	0.74	0.73	0.92	0.1	0.65	0.21	0.91	-0.1	0.12	0.66		0.6	0.54	-0.3	0.98	0.47	-0.43	0.79	0.68	0.02	0.25	-0.63	0.49
Inventory	0.75	0.41	-0.13	0.52	0.75	0.75	0.36	0.76	-0.22	0.75	-0.3	0.27	0.64	0.6		0.31	-0.16	0.62	0.5	-0.12	0.69	0.77	0.05	0.43	-0.18	0.23
Other Current Assets	0.37	0.58	-0.02	0.16	0.31	0.34	0.26	0.29	-0.02	0.33	-0.12	-0.15	0.13	0.54	0.31		-0.08	0.46	0.33	0.08	0.31	0.13	-0.24	0.08	-0.23	0.19
Other Stockholder Equity	-0.16	-0.07	-0.18	-0.38	-0.06	-0.25	0.06	0.0	-0.17	-0.22	0.16	-0.11	-0.2	-0.3	-0.16	-0.08		-0.34	0.0	0.26	-0.15	-0.05	-0.02	0.07	0.7	-0.12
Total Liab	0.9	0.5	0.35	0.86	0.78	0.95	0.03	0.7	0.28	0.94	-0.03	0.22	0.7	0.98	0.62	0.46	-0.34		0.53	-0.42	0.84	0.73	0.03	0.26	-0.65	0.52
Total Current Assets	0.79	0.03	0.27	0.56	0.86	0.53	-0.45	0.84	0.64	0.55	0.64	0.31	0.53	0.47	0.5	0.33	0.0	0.53		-0.11	0.81	0.33	0.01	0.49	0.04	0.46
Short Term Debt	-0.39	0.42	-0.8	-0.34	-0.35	-0.48	0.43	-0.31	-0.29	-0.48	-0.01	-0.36	-0.47	-0.43	-0.12	0.08	0.26	-0.42	-0.11		-0.38	-0.47	-0.36	0.13	0.61	-0.04
Common Stock	0.97	0.24	0.42	0.8	0.95	0.87	-0.24	0.88	0.44	0.89	0.28	0.4	0.75	0.79	0.69	0.31	-0.15	0.84	0.81	-0.38		0.71	0.18	0.37	-0.36	0.42
Accounts Payable	0.76	0.24	0.2	0.69	0.71	0.86	0.17	0.69	-0.09	0.86	-0.29	0.39	0.74	0.68	0.77	0.13	-0.05	0.73	0.33	-0.47	0.71		0.14	0.28	-0.45	0.28
Non Currrent Assets Other	0.04	-0.3	0.32	0.14	0.03	0.02	-0.27	-0.05	0.05	0.05	0.02	0.26	-0.05	0.02	0.05	-0.24	-0.02	0.03	0.01	-0.36	0.18	0.14		-0.54	-0.15	-0.09
Other Assets	0.44	0.18	-0.33	0.15	0.5	0.33	0.06	0.54	0.16	0.34	0.18	0.18	0.54	0.25	0.43	0.08	0.07	0.26	0.49	0.13	0.37	0.28	-0.54		0.12	0.53
Short Term Investments	-0.4	-0.16	-0.46	-0.59	-0.25	-0.58	0.07	-0.17	-0.19	-0.57	0.28	-0.21	-0.46	-0.63	-0.18	-0.23	0.7	-0.65	0.04	0.61	-0.36	-0.45	-0.15	0.12		-0.29
Current Deferred Revenue	0.49	0.22	-0.04	0.45	0.45	0.43	-0.2	0.44	0.45	0.43	0.29	0.01	0.62	0.49	0.23	0.19	-0.12	0.52	0.46	-0.04	0.42	0.28	-0.09	0.53	-0.29

Click cells to compare fundamentals

Centerra Gold Account Relationship Matchups

Centerra Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.1B	2.7B	2.3B	2.3B	1.9B
Short Long Term Debt Total	92.6M	18.9M	20.2M	14.0M	24.2M	23.0M
Other Current Liab	389K	132.2M	129.0M	144.2M	161.6M	169.7M
Total Current Liabilities	244.8M	257.8M	227.4M	274.9M	295.9M	174.4M
Total Stockholder Equity	2.1B	2.5B	2.0B	1.8B	1.7B	1.5B
Property Plant And Equipment Net	1.7B	1.7B	1.3B	1.3B	1.2B	934.7M
Net Debt	49.9M	(526.3M)	(927.0M)	(517.9M)	(585.7M)	(556.4M)
Retained Earnings	1.1B	1.4B	1.0B	897.6M	771.4M	704.4M
Cash	42.7M	545.2M	947.2M	531.9M	612.9M	327.7M
Non Current Assets Total	1.8B	1.8B	1.4B	1.3B	1.3B	1.1B
Cash And Short Term Investments	42.7M	548.7M	949.4M	531.9M	615.8M	394.5M
Net Receivables	90.4M	66.1M	61.3M	117.2M	70.8M	60.1M
Common Stock Shares Outstanding	293.0M	297.4M	296.6M	265.1M	218.4M	269.8M
Liabilities And Stockholders Equity	2.7B	3.1B	2.7B	2.3B	2.3B	1.9B
Non Current Liabilities Total	391M	412.2M	405.6M	250.8M	348.4M	202.4M
Inventory	774.1M	580.6M	221.2M	316.8M	257.3M	330.2M
Other Current Assets	5.2M	177.5M	23.6M	24.0M	22.2M	41.4M
Other Stockholder Equity	26.3M	30.6M	30.8M	29.6M	25.3M	24.0M
Total Liab	635.8M	670.0M	633.0M	525.6M	606.5M	374.9M
Total Current Assets	932.7M	1.4B	1.3B	990.7M	966.0M	833.3M
Short Term Debt	4.3M	4.6M	6.1M	5.2M	6.1M	5.8M
Common Stock	960.4M	975.1M	984.1M	886.5M	861.5M	848.8M
Accounts Payable	166.2M	113.5M	67.0M	111.2M	77.9M	80.3M
Non Currrent Assets Other	97.1M	12.9M	31.7M	10.6M	112.4M	118.0M
Other Assets	99.5M	77.1M	133.4M	72.5M	(34.2M)	(32.4M)
Accumulated Other Comprehensive Income	(752K)	11.6M	6.8M	(3.3M)	7.5M	11.8M
Short Term Investments	1.8M	3.5M	2.2M	830K	2.8M	2.7M
Current Deferred Revenue	73.9M	85.7M	151.2M	12.3M	9.5M	9.1M
Other Liab	302.7M	397.8M	391.5M	242.0M	278.3M	324.8M
Net Tangible Assets	2.1B	2.5B	2.0B	1.8B	1.6B	1.7B
Capital Lease Obligations	22.6M	18.9M	20.2M	14.0M	24.2M	15.7M
Net Invested Capital	2.1B	2.5B	2.0B	1.8B	1.7B	1.7B
Net Working Capital	687.9M	1.1B	1.0B	715.8M	668.6M	861.8M
Property Plant Equipment	1.7B	1.7B	1.3B	1.3B	1.1B	1.3B
Capital Stock	960.4M	975.1M	984.1M	886.5M	861.5M	748.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Centerra Stock Analysis

When running Centerra Gold's price analysis, check to measure Centerra Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC