CMPG Total Assets vs Other Assets 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 Total Assets and its Other Assets 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.

Total Assets vs Other Assets

Total Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CT Global Managed Total Assets account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between CT Global's Total Assets and Other Assets is 0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets 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 Total Assets and Other Assets 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 Assets of CT Global Managed are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., CT Global's Total Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of CT Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CT Global Managed books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Assets

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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Additional Tools for CMPG Stock Analysis

When running CT Global's price analysis, check to measure CT Global'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 CT Global is operating at the current time. Most of CT Global's value examination focuses on studying past and present price action to predict the probability of CT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CT Global's price. Additionally, you may evaluate how the addition of CT Global to your portfolios can decrease your overall portfolio volatility.