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 Other Operating Expenses and its Total Revenue 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.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Century Global Commo Other Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Century Global's Other Operating Expenses and Total Revenue is -0.13. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue 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 Other Operating Expenses and Total Revenue 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 Operating Expenses of Century Global Commodities are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Century Global's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Century Global Commo. It is also known as Century Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Revenue
Total revenue comprises all receipts Century Global Commo generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.2M | 3.2M | 2.7M | 3.9M | Total Revenue | 8.7M | 11.3M | 12.8M | 9.0M |
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.