CMPG Other Assets vs Retained Earnings Analysis

CMPG Stock   253.00  2.00  0.78%   
CT Global financial indicator trend analysis is way more than just evaluating CT Global Managed prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CT Global Managed is a good investment. Please check the relationship between CT Global Other Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CT Global Managed. 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.

Other Assets vs Retained Earnings

Other Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CT Global Managed Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between CT Global's Other Assets and Retained Earnings is 0.34. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CT Global Managed, assuming nothing else is changed. The correlation between historical values of CT Global's Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of CT Global Managed are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., CT Global's Other Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from CT Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CT Global Managed 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 CT Global Managed. 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.
Selling General Administrative is likely to drop to about 535.4 K in 2024. Tax Provision is expected to grow at the current pace this year

CT Global fundamental ratios Correlations

0.480.540.770.90.940.970.940.840.710.710.710.70.630.460.650.640.38-0.28
0.480.220.280.60.380.470.580.760.70.790.710.710.810.630.80.810.76-0.77
0.540.220.210.360.670.580.430.250.150.360.150.170.340.270.340.340.25-0.12
0.770.280.210.650.620.720.840.630.530.490.530.470.390.260.420.4-0.06-0.06
0.90.60.360.650.830.870.870.940.730.70.730.720.610.510.610.60.57-0.5
0.940.380.670.620.830.980.810.690.490.570.490.480.50.380.510.50.36-0.28
0.970.470.580.720.870.980.880.780.590.630.590.580.560.410.570.560.35-0.31
0.940.580.430.840.870.810.880.90.730.770.730.720.690.480.710.690.39-0.38
0.840.760.250.630.940.690.780.90.830.80.830.830.740.60.750.740.65-0.59
0.710.70.150.530.730.490.590.730.830.881.01.00.850.680.860.850.6-0.43
0.710.790.360.490.70.570.630.770.80.880.890.890.990.80.990.990.75-0.63
0.710.710.150.530.730.490.590.730.831.00.891.00.860.680.870.860.61-0.45
0.70.710.170.470.720.480.580.720.831.00.891.00.870.690.880.870.64-0.46
0.630.810.340.390.610.50.560.690.740.850.990.860.870.831.01.00.78-0.65
0.460.630.270.260.510.380.410.480.60.680.80.680.690.830.810.830.76-0.59
0.650.80.340.420.610.510.570.710.750.860.990.870.881.00.811.00.75-0.63
0.640.810.340.40.60.50.560.690.740.850.990.860.871.00.831.00.77-0.64
0.380.760.25-0.060.570.360.350.390.650.60.750.610.640.780.760.750.77-0.81
-0.28-0.77-0.12-0.06-0.5-0.28-0.31-0.38-0.59-0.43-0.63-0.45-0.46-0.65-0.59-0.63-0.64-0.81
Click cells to compare fundamentals

CT Global Account Relationship Matchups

CT Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.7M179.3M167.4M155.4M160.0M110.3M
Net Debt(827K)868K1.2M5.3M6.1M6.4M
Cash4.1M5.8M7.5M8.6M1.7M1.6M
Net Receivables322K339K298K326K374.9K393.6K
Liabilities And Stockholders Equity136.6M136.4M134.7M179.3M206.2M216.5M
Total Liab6.1M8.3M7.7M9.2M7.5M4.5M
Total Stockholder Equity128.6M171.0M159.7M146.3M152.5M156.9M
Net Invested Capital133.6M178.0M166.7M153.3M159.5M163.5M
Long Term Investments130.2M173.2M159.1M146.5M157.9M158.4M
Capital Stock7.8M8.0M8.3M5.7M5.5M5.8M

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