CNTY Stock | | | USD 4.45 0.06 1.37% |
Century Casinos financial indicator trend analysis is way more than just evaluating Century Casinos prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Casinos is a good investment. Please check the relationship between Century Casinos 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 Century Casinos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Century Stock please use our
How to Invest in Century Casinos guide.
Long Term Debt Total vs Long Term Investments
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
Century Casinos Long Term Debt Total account and
Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Century Casinos' Long Term Debt Total and Long Term Investments is 0.27. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Century Casinos, assuming nothing else is changed. The correlation between historical values of Century Casinos' 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 Long Term Debt Total of Century Casinos 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 Long Term Debt Total i.e., Century Casinos' Long Term Debt Total and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt Total
Long Term Investments
Long Term Investments is an item on the asset side of Century Casinos balance sheet that represents investments Century Casinos intends to hold for over a year. Century Casinos long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Century Casinos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Casinos 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 Casinos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Century Stock please use our
How to Invest in Century Casinos guide.At this time, Century Casinos'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.39 in 2024, despite the fact that
Tax Provision is likely to grow to (835
K).
Century Casinos fundamental ratios Correlations
Click cells to compare fundamentals
Century Casinos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Casinos fundamental ratios Accounts
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Additional Tools for Century Stock Analysis
When running Century Casinos' price analysis, check to
measure Century Casinos' 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 Century Casinos is operating at the current time. Most of Century Casinos' value examination focuses on studying past and present price action to
predict the probability of Century Casinos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Casinos' price. Additionally, you may evaluate how the addition of Century Casinos to your portfolios can decrease your overall portfolio volatility.