CNX Capital Expenditures vs Depreciation Analysis

CNX Stock

USD 40.64 0.53 1.32%

CNX Resources financial indicator trend analysis is way more than just evaluating CNX Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNX Resources Corp is a good investment. Please check the relationship between CNX Resources Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNX Resources Corp. 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNX Resources Corp Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between CNX Resources' Capital Expenditures and Depreciation is -0.12. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of CNX Resources Corp, assuming nothing else is changed. The correlation between historical values of CNX Resources' Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of CNX Resources Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., CNX Resources' Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by CNX Resources Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CNX Resources operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of CNX Resources Corp value has been used up. For tax purposes CNX Resources can deduct the cost of the tangible assets it purchases as business expenses. However, CNX Resources Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from CNX Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNX Resources Corp 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 CNX Resources Corp. 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, CNX Resources' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 102.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 1.91 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	151.2M	127.7M	143.3M	165.5M
Depreciation And Amortization	515.1M	461.2M	433.6M	387.2M

Interest Expense Depreciation And Amortization

CNX Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.92	0.34	0.7	0.7	0.97	0.89	0.85	0.76	0.24	0.99	0.42	0.12	0.74	0.77	0.37	-0.19	0.85	0.55	0.76	-0.48	0.85	0.61	0.69	0.08	0.74
Short Long Term Debt Total	0.92		0.21	0.61	0.85	0.95	0.98	0.88	0.53	0.23	0.95	0.29	0.09	0.5	0.86	0.27	-0.3	0.61	0.29	0.61	-0.39	0.63	0.59	0.46	0.21	0.83
Other Current Liab	0.34	0.21		0.62	-0.12	0.31	0.25	-0.12	0.22	-0.1	0.32	0.02	-0.12	0.54	0.09	0.1	-0.32	0.52	0.36	0.14	0.06	0.56	0.46	0.31	-0.17	0.15
Total Current Liabilities	0.7	0.61	0.62		0.22	0.7	0.61	0.38	0.57	0.06	0.67	0.38	0.02	0.62	0.36	0.36	-0.15	0.74	0.6	0.67	-0.21	0.82	0.61	0.59	0.38	0.36
Total Stockholder Equity	0.7	0.85	-0.12	0.22		0.79	0.82	0.89	0.31	0.23	0.77	0.19	0.09	0.22	0.86	0.13	-0.2	0.24	-0.07	0.32	-0.23	0.24	0.55	0.17	0.09	0.76
Property Plant And Equipment Net	0.97	0.95	0.31	0.7	0.79		0.94	0.87	0.66	0.17	0.99	0.4	0.04	0.63	0.83	0.33	-0.2	0.74	0.41	0.68	-0.39	0.76	0.68	0.56	0.15	0.78
Net Debt	0.89	0.98	0.25	0.61	0.82	0.94		0.83	0.44	0.02	0.94	0.24	-0.11	0.44	0.79	0.16	-0.26	0.57	0.23	0.58	-0.34	0.6	0.63	0.34	0.27	0.75
Retained Earnings	0.85	0.88	-0.12	0.38	0.89	0.87	0.83		0.64	0.32	0.86	0.41	0.2	0.48	0.82	0.38	-0.14	0.52	0.3	0.6	-0.46	0.5	0.42	0.49	0.12	0.74
Accounts Payable	0.76	0.53	0.22	0.57	0.31	0.66	0.44	0.64		0.46	0.66	0.47	0.44	0.86	0.44	0.64	-0.19	0.85	0.81	0.73	-0.45	0.83	0.17	0.93	-0.18	0.49
Cash	0.24	0.23	-0.1	0.06	0.23	0.17	0.02	0.32	0.46		0.14	0.24	0.98	0.35	0.43	0.55	-0.3	0.23	0.32	0.24	-0.16	0.2	-0.12	0.61	-0.28	0.45
Non Current Assets Total	0.99	0.95	0.32	0.67	0.77	0.99	0.94	0.86	0.66	0.14		0.36	0.01	0.65	0.79	0.27	-0.18	0.77	0.43	0.7	-0.45	0.78	0.67	0.57	0.12	0.75
Non Currrent Assets Other	0.42	0.29	0.02	0.38	0.19	0.4	0.24	0.41	0.47	0.24	0.36		0.23	0.33	0.38	0.51	0.31	0.49	0.5	0.56	-0.15	0.49	0.25	0.49	0.24	0.26
Cash And Short Term Investments	0.12	0.09	-0.12	0.02	0.09	0.04	-0.11	0.2	0.44	0.98	0.01	0.23		0.33	0.28	0.56	-0.3	0.18	0.36	0.19	-0.08	0.15	-0.24	0.6	-0.3	0.33
Net Receivables	0.74	0.5	0.54	0.62	0.22	0.63	0.44	0.48	0.86	0.35	0.65	0.33	0.33		0.42	0.58	-0.43	0.88	0.87	0.6	-0.23	0.85	0.26	0.9	-0.34	0.49
Common Stock Total Equity	0.77	0.86	0.09	0.36	0.86	0.83	0.79	0.82	0.44	0.43	0.79	0.38	0.28	0.42		0.46	-0.27	0.47	0.19	0.34	-0.23	0.46	0.46	0.41	0.05	0.95
Common Stock Shares Outstanding	0.37	0.27	0.1	0.36	0.13	0.33	0.16	0.38	0.64	0.55	0.27	0.51	0.56	0.58	0.46		-0.3	0.43	0.56	0.2	-0.14	0.43	-0.18	0.65	-0.05	0.56
Short Term Investments	-0.19	-0.3	-0.32	-0.15	-0.2	-0.2	-0.26	-0.14	-0.19	-0.3	-0.18	0.31	-0.3	-0.43	-0.27	-0.3		-0.11	-0.23	0.09	-0.38	-0.1	0.13	-0.25	0.43	-0.45
Non Current Liabilities Total	0.85	0.61	0.52	0.74	0.24	0.74	0.57	0.52	0.85	0.23	0.77	0.49	0.18	0.88	0.47	0.43	-0.11		0.83	0.8	-0.43	0.99	0.42	0.87	-0.06	0.49
Inventory	0.55	0.29	0.36	0.6	-0.07	0.41	0.23	0.3	0.81	0.32	0.43	0.5	0.36	0.87	0.19	0.56	-0.23	0.83		0.69	-0.15	0.81	0.04	0.9	-0.12	0.23
Other Current Assets	0.76	0.61	0.14	0.67	0.32	0.68	0.58	0.6	0.73	0.24	0.7	0.56	0.19	0.6	0.34	0.2	0.09	0.8	0.69		-0.49	0.81	0.44	0.74	0.24	0.27
Other Stockholder Equity	-0.48	-0.39	0.06	-0.21	-0.23	-0.39	-0.34	-0.46	-0.45	-0.16	-0.45	-0.15	-0.08	-0.23	-0.23	-0.14	-0.38	-0.43	-0.15	-0.49		-0.42	-0.16	-0.36	-0.17	-0.2
Total Liab	0.85	0.63	0.56	0.82	0.24	0.76	0.6	0.5	0.83	0.2	0.78	0.49	0.15	0.85	0.46	0.43	-0.1	0.99	0.81	0.81	-0.42		0.47	0.84	0.05	0.48
Property Plant And Equipment Gross	0.61	0.59	0.46	0.61	0.55	0.68	0.63	0.42	0.17	-0.12	0.67	0.25	-0.24	0.26	0.46	-0.18	0.13	0.42	0.04	0.44	-0.16	0.47		0.14	0.2	0.3
Total Current Assets	0.69	0.46	0.31	0.59	0.17	0.56	0.34	0.49	0.93	0.61	0.57	0.49	0.6	0.9	0.41	0.65	-0.25	0.87	0.9	0.74	-0.36	0.84	0.14		-0.2	0.45
Short Term Debt	0.08	0.21	-0.17	0.38	0.09	0.15	0.27	0.12	-0.18	-0.28	0.12	0.24	-0.3	-0.34	0.05	-0.05	0.43	-0.06	-0.12	0.24	-0.17	0.05	0.2	-0.2		-0.05
Common Stock	0.74	0.83	0.15	0.36	0.76	0.78	0.75	0.74	0.49	0.45	0.75	0.26	0.33	0.49	0.95	0.56	-0.45	0.49	0.23	0.27	-0.2	0.48	0.3	0.45	-0.05

Click cells to compare fundamentals

CNX Resources Account Relationship Matchups

CNX Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1B	8.0B	8.1B	8.5B	8.6B	8.2B
Short Long Term Debt Total	2.9B	2.5B	2.3B	2.4B	2.4B	2.0B
Other Current Liab	243.6M	160.1M	754.2M	988.7M	213.5M	202.8M
Total Current Liabilities	528.9M	441.3M	954.6M	1.3B	823.0M	794.1M
Total Stockholder Equity	4.2B	4.4B	3.7B	3.0B	4.4B	2.7B
Property Plant And Equipment Net	7.3B	7.1B	7.0B	7.3B	7.5B	6.6B
Net Debt	2.9B	2.5B	2.3B	2.4B	2.4B	1.9B
Retained Earnings	2.0B	1.5B	877.9M	449.0M	2.0B	1.1B
Accounts Payable	202.6M	118.2M	121.8M	191.3M	147.4M	278.8M
Cash	16.3M	15.6M	3.6M	21.3M	443K	420.9K
Non Current Assets Total	8.6B	7.8B	7.6B	7.9B	8.2B	7.4B
Non Currrent Assets Other	15.2M	16.5M	188.6M	(206.9M)	329.0M	194.6M
Cash And Short Term Investments	16.3M	15.6M	3.6M	21.3M	443K	420.9K
Net Receivables	209.6M	150.3M	339.1M	354.6M	134.0M	127.3M
Common Stock Total Equity	1.9M	2.2M	2.0M	1.7M	2.0M	1.8M
Common Stock Shares Outstanding	190.7M	199.2M	216.0M	189.5M	192.0M	216.7M
Liabilities And Stockholders Equity	9.1B	8.0B	8.1B	8.5B	8.6B	8.2B
Non Current Liabilities Total	3.6B	3.2B	3.4B	4.3B	3.4B	4.4B
Inventory	7.0M	9.7M	6.1M	27.2M	19.8M	18.9M
Other Current Assets	265.3M	97.1M	111.0M	170.7M	267.5M	204.4M
Other Stockholder Equity	2.2B	3.0B	2.8B	2.5B	2.4B	2.0B
Total Liab	4.1B	3.6B	4.4B	5.6B	4.3B	5.5B
Property Plant And Equipment Gross	7.3B	7.1B	11.4B	11.9B	12.7B	7.2B
Total Current Assets	498.1M	273.3M	459.8M	573.8M	421.8M	631.8M
Accumulated Other Comprehensive Income	(12.6M)	(15.2M)	(14.5M)	(6.5M)	(7.3M)	(7.7M)
Short Term Debt	68.8M	141.5M	47.0M	96.6M	437.0M	458.8M
Common Stock	1.9M	2.2M	2.0M	1.7M	1.5M	1.8M
Other Liab	696.9M	722.3M	1.2B	1.9B	1.7B	1.9B
Other Assets	329.3M	204.8M	188.6M	270.3M	1.0	0.95
Long Term Debt	2.8B	2.4B	2.2B	2.2B	1.9B	1.9B
Property Plant Equipment	7.1B	7.0B	7.0B	7.3B	8.4B	7.0B
Current Deferred Revenue	14.0M	11.0M	19.0M	22.1M	15.8M	15.0M
Intangible Assets	96.6M	90.1M	83.5M	77.0M	70.4M	44.8M
Net Tangible Assets	4.2B	4.4B	3.3B	3.0B	3.4B	4.3B
Retained Earnings Total Equity	2.0B	1.5B	877.9M	449.0M	404.1M	383.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GOOG	Alphabet Inc Class C
CRM	Salesforce

Additional Tools for CNX Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CNX Capital Expenditures vs Depreciation Analysis

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Depreciation

CNX Resources fundamental ratios Correlations

CNX Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CNX Resources fundamental ratios Accounts

Also Currently Popular

Additional Tools for CNX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Net Debt	+ 0.98	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Property Plant And Equipment Net	+ 0.97	Total Assets

Other Stockholder Equity	- 0.49	Other Current Assets
Other Stockholder Equity	- 0.48	Total Assets
Other Stockholder Equity	- 0.46	Retained Earnings
Common Stock	- 0.45	Short Term Investments
Other Stockholder Equity	- 0.45	Non Current Assets Total
Other Stockholder Equity	- 0.45	Accounts Payable