Centerra Total Current Liabilities vs Gross Profit Margin Analysis

CGAU Stock  USD 6.03  0.04  0.67%   
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 Total Current Liabilities and its Gross Profit Margin 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.

Total Current Liabilities vs Gross Profit Margin

Total Current Liabilities vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centerra Gold Total Current Liabilities account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Centerra Gold's Total Current Liabilities and Gross Profit Margin is -0.43. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Gross Profit Margin 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 Total Current Liabilities and Gross Profit Margin 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 Current Liabilities of Centerra Gold are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Liabilities i.e., Centerra Gold's Total Current Liabilities and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Centerra Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Centerra Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Gross Profit Margin

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 Revenue900.1M850.2M1.1B868.8M
Depreciation And Amortization150.0M104.7M129.7M153.2M

Centerra Gold fundamental ratios Correlations

0.290.370.820.980.94-0.150.940.390.950.20.340.80.850.750.37-0.160.90.79-0.390.970.760.080.44-0.40.49
0.29-0.430.260.180.40.710.12-0.350.38-0.43-0.270.120.550.410.58-0.070.50.030.420.240.24-0.140.18-0.160.22
0.37-0.430.40.350.35-0.70.290.60.360.390.270.310.32-0.13-0.02-0.180.350.27-0.80.420.19-0.32-0.33-0.46-0.04
0.820.260.40.750.84-0.190.670.450.830.160.420.60.740.520.16-0.380.860.56-0.340.80.690.010.15-0.590.45
0.980.180.350.750.86-0.220.980.410.880.290.370.790.730.750.31-0.060.780.86-0.350.950.710.120.5-0.250.45
0.940.40.350.840.860.050.820.191.0-0.090.280.80.920.750.34-0.250.950.53-0.480.870.860.030.33-0.580.43
-0.150.71-0.7-0.19-0.220.05-0.19-0.880.03-0.84-0.25-0.150.10.360.260.060.03-0.450.43-0.240.170.080.060.07-0.2
0.940.120.290.670.980.82-0.190.360.840.270.340.790.650.760.290.00.70.84-0.310.880.690.110.54-0.170.44
0.39-0.350.60.450.410.19-0.880.360.20.890.220.260.21-0.22-0.02-0.170.280.64-0.290.44-0.09-0.190.16-0.190.45
0.950.380.360.830.881.00.030.840.2-0.070.30.810.910.750.34-0.210.940.55-0.480.890.860.070.35-0.570.43
0.2-0.430.390.160.29-0.09-0.840.270.89-0.070.120.04-0.1-0.3-0.120.16-0.030.64-0.010.28-0.29-0.150.180.280.29
0.34-0.270.270.420.370.28-0.250.340.220.30.120.260.120.27-0.15-0.110.220.31-0.360.40.390.420.18-0.210.01
0.80.120.310.60.790.8-0.150.790.260.810.040.260.660.640.13-0.20.70.53-0.470.750.740.190.54-0.460.62
0.850.550.320.740.730.920.10.650.210.91-0.10.120.660.60.54-0.30.980.47-0.430.790.68-0.040.25-0.630.49
0.750.41-0.130.520.750.750.360.76-0.220.75-0.30.270.640.60.31-0.160.620.5-0.120.690.770.360.43-0.180.23
0.370.58-0.020.160.310.340.260.29-0.020.34-0.12-0.150.130.540.31-0.080.460.330.080.310.13-0.260.08-0.230.19
-0.16-0.07-0.18-0.38-0.06-0.250.060.0-0.17-0.210.16-0.11-0.2-0.3-0.16-0.08-0.340.00.26-0.15-0.050.120.070.7-0.12
0.90.50.350.860.780.950.030.70.280.94-0.030.220.70.980.620.46-0.340.53-0.420.840.73-0.020.26-0.650.52
0.790.030.270.560.860.53-0.450.840.640.550.640.310.530.470.50.330.00.53-0.110.810.330.080.490.040.46
-0.390.42-0.8-0.34-0.35-0.480.43-0.31-0.29-0.48-0.01-0.36-0.47-0.43-0.120.080.26-0.42-0.11-0.38-0.47-0.050.130.61-0.03
0.970.240.420.80.950.87-0.240.880.440.890.280.40.750.790.690.31-0.150.840.81-0.380.710.130.37-0.360.42
0.760.240.190.690.710.860.170.69-0.090.86-0.290.390.740.680.770.13-0.050.730.33-0.470.710.30.28-0.450.28
0.08-0.14-0.320.010.120.030.080.11-0.190.07-0.150.420.19-0.040.36-0.260.12-0.020.08-0.050.130.30.240.080.28
0.440.18-0.330.150.50.330.060.540.160.350.180.180.540.250.430.080.070.260.490.130.370.280.240.120.53
-0.4-0.16-0.46-0.59-0.25-0.580.07-0.17-0.19-0.570.28-0.21-0.46-0.63-0.18-0.230.7-0.650.040.61-0.36-0.450.080.12-0.29
0.490.22-0.040.450.450.43-0.20.440.450.430.290.010.620.490.230.19-0.120.520.46-0.030.420.280.280.53-0.29
Click cells to compare fundamentals

Centerra Gold Account Relationship Matchups

Centerra Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.1B2.7B2.3B2.3B1.9B
Short Long Term Debt Total92.6M18.9M20.2M14.0M24.2M23.0M
Other Current Liab389K132.2M129.0M144.2M163.2M171.4M
Total Current Liabilities244.8M257.8M227.4M274.9M297.4M174.5M
Total Stockholder Equity2.1B2.5B2.0B1.8B1.7B1.5B
Property Plant And Equipment Net1.7B1.7B1.3B1.3B1.2B935.0M
Net Debt49.9M(526.3M)(927.0M)(517.9M)(588.7M)(559.3M)
Retained Earnings1.1B1.4B1.0B897.6M771.4M704.4M
Cash42.7M545.2M947.2M531.9M612.9M327.7M
Non Current Assets Total1.8B1.8B1.4B1.3B1.3B1.1B
Cash And Short Term Investments42.7M548.7M949.4M531.9M615.8M394.5M
Net Receivables90.4M66.1M61.3M117.2M70.8M60.1M
Common Stock Shares Outstanding293.0M297.4M296.6M265.1M218.4M269.8M
Liabilities And Stockholders Equity2.7B3.1B2.7B2.3B2.3B1.9B
Non Current Liabilities Total391M412.2M405.6M250.8M348.4M202.4M
Inventory774.1M580.6M221.2M316.8M257.3M330.2M
Other Current Assets5.2M177.5M23.6M24.0M22.2M41.4M
Other Stockholder Equity26.3M30.6M30.8M29.6M25.3M24.0M
Total Liab635.8M670.0M633.0M525.6M606.5M374.9M
Total Current Assets932.7M1.4B1.3B990.7M966.0M833.3M
Short Term Debt4.3M4.6M6.1M5.2M6.1M5.8M
Common Stock960.4M975.1M984.1M886.5M861.5M848.8M
Accounts Payable166.2M113.5M67.0M111.2M77.9M80.3M
Non Currrent Assets Other97.1M12.9M31.7M10.6M19.3M24.7M
Other Assets99.5M77.1M133.4M72.5M(34.2M)(32.4M)
Accumulated Other Comprehensive Income(752K)11.6M6.8M(3.3M)7.5M11.8M
Short Term Investments1.8M3.5M2.2M830K2.8M2.7M
Current Deferred Revenue73.9M85.7M151.2M12.3M9.5M9.0M
Other Liab302.7M397.8M391.5M242.0M278.3M324.8M
Net Tangible Assets2.1B2.5B2.0B1.8B1.6B1.7B
Capital Lease Obligations22.6M18.9M20.2M14.0M24.2M15.7M
Net Invested Capital2.1B2.5B2.0B1.8B1.7B1.7B
Net Working Capital687.9M1.1B1.0B715.8M668.6M861.8M
Property Plant Equipment1.7B1.7B1.3B1.3B1.1B1.3B
Capital Stock960.4M975.1M984.1M886.5M861.5M748.9M

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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.