CMPG Short Long Term Debt Total vs Long Term Investments 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 Short Long Term Debt Total and its Long Term Investments 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.

Short Long Term Debt Total vs Long Term Investments

Short Long Term Debt Total vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CT Global Managed Short Long Term Debt Total account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CT Global's Short Long Term Debt Total and Long Term Investments is 0.83. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Long Term Investments 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 Short Long Term Debt Total and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of CT Global Managed are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Long Term Debt Total i.e., CT Global's Short Long Term Debt Total and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Long Term Investments

Long Term Investments is an item on the asset side of CT Global balance sheet that represents investments CT Global Managed intends to hold for over a year. CT Global Managed long term investments may include different instruments such as stocks, bonds, real estate and cash.
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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