CNEY Non Current Assets Total vs Other Stockholder Equity Analysis

CNEY Stock  USD 0.33  0.03  8.33%   
CN Energy financial indicator trend analysis is way more than just evaluating CN Energy Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CN Energy Group is a good investment. Please check the relationship between CN Energy Non Current Assets Total and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CN Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Current Assets Total vs Other Stockholder Equity

Non Current Assets Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CN Energy Group Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CN Energy's Non Current Assets Total and Other Stockholder Equity is 0.87. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of CN Energy Group, assuming nothing else is changed. The correlation between historical values of CN Energy's Non Current Assets Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of CN Energy Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., CN Energy's Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Stockholder Equity

Most indicators from CN Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CN Energy Group 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 CN Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Selling General Administrative is likely to rise to about 6.9 M in 2024, despite the fact that Tax Provision is likely to grow to (189.9 K).
 2021 2022 2023 2024 (projected)
Gross Profit3.6M788.7K709.8K674.3K
Total Revenue40.2M57.9M66.6M69.9M

CN Energy fundamental ratios Correlations

0.470.781.00.850.970.540.550.130.840.070.960.920.960.080.83-0.74-0.670.90.20.930.791.00.890.890.99
0.470.770.40.580.27-0.25-0.460.70.230.90.230.550.570.90.38-0.15-0.50.10.920.440.780.40.580.630.38
0.780.770.730.80.670.260.030.330.680.550.650.70.760.520.64-0.33-0.550.580.580.761.00.730.820.90.73
1.00.40.730.840.980.560.620.10.83-0.020.970.930.950.00.85-0.74-0.670.910.130.930.731.00.880.871.0
0.850.580.80.840.730.150.280.430.50.250.710.930.930.320.96-0.33-0.730.60.450.90.810.840.990.980.82
0.970.270.670.980.730.680.72-0.060.9-0.151.00.830.87-0.150.76-0.8-0.610.97-0.040.890.670.980.790.780.99
0.54-0.250.260.560.150.680.74-0.750.84-0.480.710.260.28-0.560.18-0.670.070.82-0.480.440.240.560.190.240.6
0.55-0.460.030.620.280.720.74-0.480.61-0.790.740.40.42-0.780.47-0.62-0.270.8-0.690.50.030.610.330.270.63
0.130.70.330.10.43-0.06-0.75-0.48-0.320.66-0.10.370.380.740.360.2-0.65-0.270.730.160.350.090.430.370.04
0.840.230.680.830.50.90.840.61-0.32-0.080.910.580.65-0.160.46-0.77-0.290.94-0.080.720.670.830.550.620.86
0.070.90.55-0.020.25-0.15-0.48-0.790.66-0.08-0.180.150.170.980.010.2-0.17-0.290.950.060.56-0.020.230.31-0.04
0.960.230.650.970.711.00.710.74-0.10.91-0.180.80.85-0.190.74-0.8-0.590.98-0.080.870.650.970.760.760.98
0.920.550.70.930.930.830.260.40.370.580.150.80.990.230.93-0.58-0.740.690.370.910.710.920.950.910.9
0.960.570.760.950.930.870.280.420.380.650.170.850.990.230.92-0.62-0.780.740.360.920.770.950.960.920.93
0.080.90.520.00.32-0.15-0.56-0.780.74-0.160.98-0.190.230.230.110.22-0.23-0.320.980.10.530.00.30.35-0.03
0.830.380.640.850.960.760.180.470.360.460.010.740.930.920.11-0.37-0.750.630.250.890.650.850.960.910.82
-0.74-0.15-0.33-0.74-0.33-0.8-0.67-0.620.2-0.770.2-0.8-0.58-0.620.22-0.370.34-0.790.14-0.65-0.33-0.75-0.42-0.37-0.76
-0.67-0.5-0.55-0.67-0.73-0.610.07-0.27-0.65-0.29-0.17-0.59-0.74-0.78-0.23-0.750.34-0.46-0.27-0.65-0.57-0.67-0.78-0.69-0.64
0.90.10.580.910.60.970.820.8-0.270.94-0.290.980.690.74-0.320.63-0.79-0.46-0.220.80.580.910.650.660.93
0.20.920.580.130.45-0.04-0.48-0.690.73-0.080.95-0.080.370.360.980.250.14-0.27-0.220.230.590.130.420.470.1
0.930.440.760.930.90.890.440.50.160.720.060.870.910.920.10.89-0.65-0.650.80.230.770.930.930.910.93
0.790.781.00.730.810.670.240.030.350.670.560.650.710.770.530.65-0.33-0.570.580.590.770.740.830.910.73
1.00.40.731.00.840.980.560.610.090.83-0.020.970.920.950.00.85-0.75-0.670.910.130.930.740.880.871.0
0.890.580.820.880.990.790.190.330.430.550.230.760.950.960.30.96-0.42-0.780.650.420.930.830.880.980.86
0.890.630.90.870.980.780.240.270.370.620.310.760.910.920.350.91-0.37-0.690.660.470.910.910.870.980.85
0.990.380.731.00.820.990.60.630.040.86-0.040.980.90.93-0.030.82-0.76-0.640.930.10.930.731.00.860.85
Click cells to compare fundamentals

CN Energy Account Relationship Matchups

CN Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.4M69.0M94.9M126.2M145.1M152.4M
Other Current Liab946.6K1.9M18.5M2.6M3.0M4.7M
Total Current Liabilities7.7M5.6M30.5M22.5M25.9M14.6M
Total Stockholder Equity23.1M62.7M63.8M103.6M119.1M125.1M
Net Tangible Assets17.2M20.6M62.0M63.3M72.7M39.5M
Property Plant And Equipment Net15.3M19.1M19.9M42.4M48.7M51.2M
Current Deferred Revenue120.4K111.3K96.5K1.2M1.4M1.5M
Net Debt178.3K1.4M(13.8M)7.1M8.2M8.6M
Retained Earnings259.5K394.6K2.4M(3.2M)(3.7M)(3.5M)
Accounts Payable4.8M1.8M7.5M12.6M14.5M15.2M
Cash1.6M190.8K18.0M195.5K224.8K213.6K
Non Current Assets Total16.7M20.1M20.7M53.7M61.8M64.9M
Non Currrent Assets Other593.2K385.2K5.6M4.7M5.4M5.7M
Other Assets599.9K1.6M5.0M5.3M6.2M6.5M
Cash And Short Term Investments1.6M3.3M18.0M195.5K224.8K213.6K
Net Receivables8.7M33.5M18.9M29.0M33.4M17.9M
Liabilities And Stockholders Equity31.4M69.0M94.9M126.2M145.1M152.4M
Non Current Liabilities Total621.3K641.1K698.0K108.3K97.5K92.6K
Inventory2.8M1.1M784.3K41.7M48.0M50.4M
Other Current Assets1.6M11.0M36.5M3.1M3.5M3.4M
Total Liab8.3M6.3M31.2M22.6M26.0M15.0M
Net Invested Capital22.9M64.2M67.9M110.8M127.4M133.8M
Property Plant And Equipment Gross14.4M25.9M27.4M27.2M31.3M21.8M
Total Current Assets14.7M48.9M74.2M72.4M83.3M42.7M
Accumulated Other Comprehensive Income(837.3K)438.4K(6.0M)(8.2M)(7.4M)(7.0M)
Capital Stock15.8M53.0M58.5M106.2M122.1M128.2M
Net Working Capital7.0M43.2M43.8M49.9M57.4M60.3M
Short Term Debt1.7M1.6M3.8M7.3M8.3M8.8M
Intangible Assets1.0M952.6K804.2K6.7M7.7M8.0M
Property Plant Equipment12.8M14.4M14.4M14.9M17.1M14.9M
Short Long Term Debt Total1.7M1.6M4.2M7.3M8.4M8.8M
Short Long Term Debt1.6M1.5M3.7M7.2M8.3M8.7M

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Additional Tools for CNEY Stock Analysis

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