Contango Inventory vs Non Currrent Assets Other Analysis

CGO Stock   1.30  0.00  0.00%   
Contango Holdings financial indicator trend analysis is way more than just evaluating Contango Holdings PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Contango Holdings PLC is a good investment. Please check the relationship between Contango Holdings Inventory and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contango Holdings 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.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contango Holdings PLC Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Contango Holdings' Inventory and Non Currrent Assets Other is 0.1. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Contango Holdings PLC, assuming nothing else is changed. The correlation between historical values of Contango Holdings' Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Contango Holdings PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Contango Holdings' Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Contango Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contango Holdings 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 Contango Holdings 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.
The current year's Selling General Administrative is expected to grow to about 6.8 M. The current year's Issuance Of Capital Stock is expected to grow to about 5.1 M

Contango Holdings fundamental ratios Correlations

0.590.951.00.920.050.050.640.980.460.950.440.99-0.980.891.0-0.940.170.980.991.0-0.96-0.280.99-0.970.68
0.590.630.590.630.30.30.520.510.510.630.610.55-0.570.370.58-0.640.80.610.570.6-0.65-0.780.53-0.630.24
0.950.630.940.960.070.070.590.970.481.00.480.97-0.970.930.95-0.820.150.890.980.95-0.98-0.280.97-0.860.72
1.00.590.940.90.060.060.650.980.450.940.440.99-0.970.871.0-0.950.180.990.991.0-0.95-0.290.98-0.980.67
0.920.630.960.9-0.14-0.140.40.940.660.960.260.92-0.930.890.92-0.80.140.860.940.92-0.94-0.270.94-0.840.69
0.050.30.070.06-0.141.00.43-0.04-0.660.070.790.03-0.02-0.170.03-0.110.560.070.030.06-0.06-0.63-0.01-0.09-0.14
0.050.30.070.06-0.141.00.43-0.04-0.660.070.790.03-0.02-0.170.03-0.110.560.070.030.06-0.06-0.63-0.01-0.09-0.14
0.640.520.590.650.40.430.430.580.070.590.80.66-0.620.520.63-0.660.280.650.60.61-0.67-0.250.6-0.650.38
0.980.510.970.980.94-0.04-0.040.580.490.970.370.99-0.980.950.99-0.880.030.941.00.98-0.97-0.151.0-0.920.74
0.460.510.480.450.66-0.66-0.660.070.490.48-0.20.45-0.480.50.47-0.430.090.460.470.46-0.5-0.020.48-0.450.35
0.950.631.00.940.960.070.070.590.970.480.480.97-0.970.930.95-0.820.150.890.980.95-0.98-0.280.97-0.860.72
0.440.610.480.440.260.790.790.80.37-0.20.480.45-0.420.290.42-0.420.530.420.420.43-0.49-0.540.39-0.420.21
0.990.550.970.990.920.030.030.660.990.450.970.45-0.980.940.99-0.90.080.951.00.99-0.97-0.191.0-0.940.72
-0.98-0.57-0.97-0.97-0.93-0.02-0.02-0.62-0.98-0.48-0.97-0.42-0.98-0.92-0.980.9-0.1-0.93-0.99-0.970.990.23-0.980.92-0.64
0.890.370.930.870.89-0.17-0.170.520.950.50.930.290.94-0.920.89-0.71-0.20.80.930.88-0.910.080.94-0.770.79
1.00.580.951.00.920.030.030.630.990.470.950.420.99-0.980.89-0.940.150.980.991.0-0.96-0.260.99-0.970.68
-0.94-0.64-0.82-0.95-0.8-0.11-0.11-0.66-0.88-0.43-0.82-0.42-0.90.9-0.71-0.94-0.33-0.98-0.9-0.950.880.4-0.890.99-0.47
0.170.80.150.180.140.560.560.280.030.090.150.530.08-0.1-0.20.15-0.330.250.110.19-0.17-0.960.06-0.29-0.21
0.980.610.890.990.860.070.070.650.940.460.890.420.95-0.930.80.98-0.980.250.950.98-0.91-0.330.95-1.00.6
0.990.570.980.990.940.030.030.61.00.470.980.421.0-0.990.930.99-0.90.110.950.99-0.97-0.241.0-0.930.72
1.00.60.951.00.920.060.060.610.980.460.950.430.99-0.970.881.0-0.950.190.980.99-0.96-0.30.99-0.970.67
-0.96-0.65-0.98-0.95-0.94-0.06-0.06-0.67-0.97-0.5-0.98-0.49-0.970.99-0.91-0.960.88-0.17-0.91-0.97-0.960.28-0.970.9-0.64
-0.28-0.78-0.28-0.29-0.27-0.63-0.63-0.25-0.15-0.02-0.28-0.54-0.190.230.08-0.260.4-0.96-0.33-0.24-0.30.28-0.180.360.1
0.990.530.970.980.94-0.01-0.010.61.00.480.970.391.0-0.980.940.99-0.890.060.951.00.99-0.97-0.18-0.930.73
-0.97-0.63-0.86-0.98-0.84-0.09-0.09-0.65-0.92-0.45-0.86-0.42-0.940.92-0.77-0.970.99-0.29-1.0-0.93-0.970.90.36-0.93-0.55
0.680.240.720.670.69-0.14-0.140.380.740.350.720.210.72-0.640.790.68-0.47-0.210.60.720.67-0.640.10.73-0.55
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Contango Holdings Account Relationship Matchups

Contango Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets413.6K10.4M13.4M16.5M19.0M19.9M
Other Current Liab206.2K100.7K328.4K143.9K165.5K146.7K
Total Current Liabilities435.2K281.7K1.8M2.3M2.7M2.8M
Total Stockholder Equity(21.6K)8.6M10.2M12.2M14.0M14.7M
Net Debt(10.4K)(22.1K)721.2K976.5K1.1M1.2M
Cash10.4K22.1K610.5K75.7K68.1K64.7K
Cash And Short Term Investments10.4K22.1K610.5K75.7K68.1K64.7K
Liabilities And Stockholders Equity413.6K10.4M13.4M16.5M19.0M19.9M
Other Current Assets403.2K135.7K52.2K216.9K249.4K261.9K
Total Liab435.2K281.7K1.8M2.3M2.7M2.8M
Total Current Assets413.6K157.8K662.8K292.6K336.5K401.9K
Retained Earnings(904.9K)(4.2M)(7.0M)(12.2M)(11.0M)(10.4M)
Accounts Payable229.0K181.0K175.3K1.1M1.3M1.4M
Non Current Assets Total10.8K10.2M12.7M16.2M18.6M19.6M
Other Stockholder Equity453.9K8.3M14.2M19.8M22.8M23.9M
Net Invested Capital(21.6K)8.6M11.6M13.3M15.2M16.0M
Net Working Capital(21.6K)(123.8K)(1.2M)(2.0M)(1.8M)(1.7M)
Non Currrent Assets Other10.8K62.3K(10.1M)40.1K36.1K37.9K

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Other Information on Investing in Contango Stock

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