CNT Stock | | | CAD 0.03 0.00 0.00% |
Century Global financial indicator trend analysis is way more than just evaluating Century Global Commo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Global Commo is a good investment. Please check the relationship between Century Global Capex To Depreciation and its Operating Cash Flow Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Global Commodities. 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.
Capex To Depreciation vs Operating Cash Flow Per Share
Capex To Depreciation vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Century Global Commo Capex To Depreciation account and
Operating Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Century Global's Capex To Depreciation and Operating Cash Flow Per Share is -0.42. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Century Global Commodities, assuming nothing else is changed. The correlation between historical values of Century Global's Capex To Depreciation and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Century Global Commodities are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Capex To Depreciation i.e., Century Global's Capex To Depreciation and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Century Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Global Commo 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 Century Global Commodities. 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, Century Global's
Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024,
Tax Provision is likely to grow to about 48.8
K, while
Issuance Of Capital Stock is likely to drop about 169.5
K.
Century Global fundamental ratios Correlations
Click cells to compare fundamentals
Century Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Global fundamental ratios Accounts
Other Information on Investing in Century Stock
Balance Sheet is a snapshot of the
financial position of Century Global Commo at a specified time, usually calculated after every quarter, six months, or one year. Century Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Century Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Century currently owns. An asset can also be divided into two categories, current and non-current.