Cielo Total Operating Expenses vs Reconciled Depreciation Analysis

CMC Stock   0.10  0.01  9.09%   
Cielo Waste financial indicator trend analysis is way more than just evaluating Cielo Waste Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cielo Waste Solutions is a good investment. Please check the relationship between Cielo Waste Total Operating Expenses and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cielo Waste Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Operating Expenses vs Reconciled Depreciation

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cielo Waste Solutions Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cielo Waste's Total Operating Expenses and Reconciled Depreciation is 0.4. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Cielo Waste Solutions, assuming nothing else is changed. The correlation between historical values of Cielo Waste's Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Cielo Waste Solutions are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Cielo Waste's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Reconciled Depreciation

Most indicators from Cielo Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cielo Waste Solutions 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 Cielo Waste Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Cielo Waste's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, despite the fact that Enterprise Value Over EBITDA is likely to grow to (2.38).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation442.6K634K3.4M3.6M
Total Operating Expenses14.5M6.8M7.7M6.8M

Cielo Waste fundamental ratios Correlations

0.64-0.670.750.810.760.680.560.660.560.550.710.53-0.190.64-0.260.740.530.4-0.560.310.430.040.670.860.23
0.64-0.710.70.670.660.80.970.940.810.780.560.880.530.70.520.940.910.65-0.190.320.70.550.790.550.8
-0.67-0.71-0.43-0.41-0.25-0.99-0.77-0.85-0.91-0.29-0.15-0.87-0.3-0.47-0.13-0.73-0.85-0.940.74-0.76-0.860.11-0.96-0.42-0.35
0.750.7-0.430.920.760.50.640.640.520.660.660.510.110.460.180.820.510.26-0.230.20.220.340.430.690.38
0.810.67-0.410.920.880.480.570.640.510.660.810.48-0.010.410.070.80.480.17-0.150.230.160.320.440.870.28
0.760.66-0.250.760.880.340.470.540.370.680.990.34-0.130.53-0.030.670.38-0.010.11-0.030.080.580.350.920.42
0.680.8-0.990.50.480.340.830.90.950.380.240.90.360.510.230.80.90.93-0.650.740.840.030.960.470.46
0.560.97-0.770.640.570.470.830.940.820.740.350.940.660.670.590.930.950.75-0.310.380.810.390.840.380.76
0.660.94-0.850.640.640.540.90.940.920.590.440.970.460.540.420.90.980.77-0.360.570.820.30.920.570.59
0.560.81-0.910.520.510.370.950.820.920.320.270.920.410.320.360.780.910.87-0.440.810.760.170.90.480.45
0.550.78-0.290.660.660.680.380.740.590.320.60.50.480.810.470.820.540.190.01-0.210.360.530.40.440.74
0.710.56-0.150.660.810.990.240.350.440.270.60.23-0.240.47-0.120.560.27-0.120.19-0.1-0.020.60.250.910.36
0.530.88-0.870.510.480.340.90.940.970.920.50.230.550.480.470.830.990.85-0.430.630.90.190.940.390.55
-0.190.53-0.30.11-0.01-0.130.360.660.460.410.48-0.240.550.280.950.490.580.510.060.130.510.310.33-0.330.67
0.640.7-0.470.460.410.530.510.670.540.320.810.470.480.280.140.680.520.38-0.3-0.20.540.360.540.370.74
-0.260.52-0.130.180.07-0.030.230.590.420.360.47-0.120.470.950.140.450.510.330.30.070.320.490.19-0.270.66
0.740.94-0.730.820.80.670.80.930.90.780.820.560.830.490.680.450.840.62-0.330.360.620.370.760.60.67
0.530.91-0.850.510.480.380.90.950.980.910.540.270.990.580.520.510.840.84-0.370.580.890.270.930.40.62
0.40.65-0.940.260.17-0.010.930.750.770.870.19-0.120.850.510.380.330.620.84-0.680.750.89-0.10.890.120.42
-0.56-0.190.74-0.23-0.150.11-0.65-0.31-0.36-0.440.010.19-0.430.06-0.30.3-0.33-0.37-0.68-0.56-0.580.65-0.61-0.130.14
0.310.32-0.760.20.23-0.030.740.380.570.81-0.21-0.10.630.13-0.20.070.360.580.75-0.560.53-0.320.670.26-0.11
0.430.7-0.860.220.160.080.840.810.820.760.36-0.020.90.510.540.320.620.890.89-0.580.53-0.040.930.150.47
0.040.550.110.340.320.580.030.390.30.170.530.60.190.310.360.490.370.27-0.10.65-0.32-0.040.020.290.76
0.670.79-0.960.430.440.350.960.840.920.90.40.250.940.330.540.190.760.930.89-0.610.670.930.020.470.43
0.860.55-0.420.690.870.920.470.380.570.480.440.910.39-0.330.37-0.270.60.40.12-0.130.260.150.290.470.15
0.230.8-0.350.380.280.420.460.760.590.450.740.360.550.670.740.660.670.620.420.14-0.110.470.760.430.15
Click cells to compare fundamentals

Cielo Waste Account Relationship Matchups

Cielo Waste fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities5.2M19.1M3.0M14.5M9.6M8.4M
Net Tangible Assets5.9M24.5M31.6M12.9M14.8M12.1M
Retained Earnings(18.7M)(58.4M)(72.9M)(109.1M)(121.3M)(115.3M)
Accounts Payable2.3M4.1M2.0M1.4M1.4M2.1M
Net Receivables248.0K530.5K118K89K168K188.2K
Total Current Assets1.7M18.4M4.1M2.0M1.3M1.3M
Common Stock20.9M79.7M99.8M112.0M128.8M135.2M
Property Plant Equipment18.7M26.8M47.4M25.5M29.3M21.5M
Total Assets17.7M45.2M53.5M29.4M54.9M34.3M
Total Stockholder Equity2.8M24.5M33.6M14.8M41.2M43.3M
Net Debt4.1M10.2M11.6M8.7M3.8M3.6M
Cash81.6K17.2M2.7M1.2M376K357.2K
Non Current Assets Total16.0M26.8M49.4M27.3M53.6M29.7M
Long Term Debt8.8M563.6K14.3M4.1M4.8M6.1M
Common Stock Shares Outstanding244.0M611.7M662.3M910.2M113.3M107.6M
Non Current Liabilities Total9.8M1.6M17.0M61K4.1M6.1M
Total Liab14.9M20.7M19.9M14.6M13.7M15.4M
Net Invested Capital13.0M26.1M47.9M24.7M45.4M26.6M
Short Long Term Debt2.1M1.5M1M9.9M11.3M11.9M
Net Working Capital(3.4M)(688.0K)1.2M(12.5M)(8.2M)(7.8M)
Inventory152.9K342.2K394.5K132K126K181.0K
Capital Stock20.9M79.7M99.8M112.0M149.9M87.7M

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