Compass Net Debt vs Other Current Assets Analysis

CPG Stock

2,706 26.00 0.97%

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

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Group PLC Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Compass Group's Net Debt and Other Current Assets is 0.37. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Compass Group PLC, assuming nothing else is changed. The correlation between historical values of Compass Group's Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Compass Group PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Compass Group's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Compass Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass Group PLC 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 Compass Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of November 28, 2024, Selling General Administrative is expected to decline to about 8.3 M. In addition to that, Discontinued Operations is expected to decline to about 2.4 M

	2021	2022	2023	2024 (projected)
Interest Expense	106M	235.5M	211.9M	222.5M
Depreciation And Amortization	821M	880M	1.0B	1.1B

Interest Expense Depreciation And Amortization

Compass Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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
Total Assets		0.87	0.64	0.73	0.93	0.75	-0.54	0.63	0.7	0.76	0.61	0.94	0.21	0.61	0.84	0.2	0.28	0.02	0.64	0.68	-0.08	-0.81	0.98	0.75	0.93	0.41
Short Long Term Debt Total	0.87		0.37	0.61	0.72	0.85	-0.74	0.88	0.6	0.71	0.43	0.83	0.1	0.43	0.63	0.33	0.02	0.0	0.78	0.51	0.25	-0.73	0.9	0.85	0.86	0.57
Other Current Liab	0.64	0.37		0.45	0.72	0.38	-0.29	0.16	0.48	0.23	0.45	0.61	0.22	0.45	0.61	0.16	0.27	0.0	0.28	0.44	-0.33	-0.46	0.56	0.38	0.59	0.17
Total Current Liabilities	0.73	0.61	0.45		0.64	0.38	-0.52	0.5	0.86	0.69	0.31	0.72	0.64	0.31	0.64	-0.28	-0.2	0.08	0.46	0.97	-0.13	-0.78	0.73	0.39	0.66	0.6
Total Stockholder Equity	0.93	0.72	0.72	0.64		0.78	-0.5	0.39	0.73	0.5	0.76	0.83	0.08	0.76	0.81	0.34	0.34	0.17	0.44	0.58	-0.11	-0.85	0.83	0.78	0.88	0.41
Property Plant And Equipment Net	0.75	0.85	0.38	0.38	0.78		-0.76	0.63	0.56	0.35	0.61	0.63	-0.21	0.61	0.56	0.71	0.14	0.13	0.53	0.24	0.39	-0.76	0.69	1.0	0.81	0.58
Current Deferred Revenue	-0.54	-0.74	-0.29	-0.52	-0.5	-0.76		-0.66	-0.57	-0.3	-0.32	-0.45	-0.15	-0.32	-0.37	-0.45	0.37	0.12	-0.53	-0.35	-0.51	0.61	-0.53	-0.76	-0.66	-0.75
Net Debt	0.63	0.88	0.16	0.5	0.39	0.63	-0.66		0.44	0.71	-0.04	0.69	0.24	-0.04	0.4	0.19	-0.23	-0.19	0.82	0.43	0.37	-0.46	0.73	0.63	0.62	0.54
Retained Earnings	0.7	0.6	0.48	0.86	0.73	0.56	-0.57	0.44		0.42	0.39	0.74	0.35	0.39	0.48	-0.03	-0.17	0.24	0.52	0.81	-0.08	-0.89	0.63	0.56	0.6	0.61
Accounts Payable	0.76	0.71	0.23	0.69	0.5	0.35	-0.3	0.71	0.42		0.13	0.77	0.53	0.13	0.7	-0.21	0.1	-0.21	0.61	0.72	-0.1	-0.46	0.85	0.35	0.68	0.28
Cash	0.61	0.43	0.45	0.31	0.76	0.61	-0.32	-0.04	0.39	0.13		0.41	-0.3	1.0	0.55	0.37	0.46	0.34	0.07	0.22	-0.14	-0.65	0.5	0.61	0.64	0.15
Non Current Assets Total	0.94	0.83	0.61	0.72	0.83	0.63	-0.45	0.69	0.74	0.77	0.41		0.26	0.41	0.68	0.02	0.2	-0.06	0.8	0.72	-0.2	-0.75	0.94	0.63	0.78	0.31
Non Currrent Assets Other	0.21	0.1	0.22	0.64	0.08	-0.21	-0.15	0.24	0.35	0.53	-0.3	0.26		-0.3	0.39	-0.48	-0.28	-0.16	0.05	0.67	-0.11	-0.14	0.27	-0.21	0.21	0.39
Cash And Short Term Investments	0.61	0.43	0.45	0.31	0.76	0.61	-0.32	-0.04	0.39	0.13	1.0	0.41	-0.3		0.55	0.37	0.46	0.34	0.07	0.22	-0.14	-0.65	0.5	0.61	0.64	0.15
Net Receivables	0.84	0.63	0.61	0.64	0.81	0.56	-0.37	0.4	0.48	0.7	0.55	0.68	0.39	0.55		0.21	0.32	0.11	0.22	0.6	-0.06	-0.62	0.81	0.55	0.89	0.42
Common Stock Total Equity	0.2	0.33	0.16	-0.28	0.34	0.71	-0.45	0.19	-0.03	-0.21	0.37	0.02	-0.48	0.37	0.21		0.25	0.2	0.01	-0.43	0.6	-0.18	0.11	0.7	0.41	0.37
Common Stock Shares Outstanding	0.28	0.02	0.27	-0.2	0.34	0.14	0.37	-0.23	-0.17	0.1	0.46	0.2	-0.28	0.46	0.32	0.25		0.1	-0.13	-0.13	-0.34	-0.1	0.23	0.14	0.19	-0.4
Short Term Investments	0.02	0.0	0.0	0.08	0.17	0.13	0.12	-0.19	0.24	-0.21	0.34	-0.06	-0.16	0.34	0.11	0.2	0.1		-0.28	-0.01	0.07	-0.26	-0.06	0.13	0.11	0.36
Non Current Liabilities Total	0.64	0.78	0.28	0.46	0.44	0.53	-0.53	0.82	0.52	0.61	0.07	0.8	0.05	0.07	0.22	0.01	-0.13	-0.28		0.45	0.01	-0.46	0.72	0.53	0.49	0.22
Inventory	0.68	0.51	0.44	0.97	0.58	0.24	-0.35	0.43	0.81	0.72	0.22	0.72	0.67	0.22	0.6	-0.43	-0.13	-0.01	0.45		-0.29	-0.71	0.7	0.25	0.55	0.42
Other Current Assets	-0.08	0.25	-0.33	-0.13	-0.11	0.39	-0.51	0.37	-0.08	-0.1	-0.14	-0.2	-0.11	-0.14	-0.06	0.6	-0.34	0.07	0.01	-0.29		0.02	-0.06	0.39	0.18	0.61
Other Stockholder Equity	-0.81	-0.73	-0.46	-0.78	-0.85	-0.76	0.61	-0.46	-0.89	-0.46	-0.65	-0.75	-0.14	-0.65	-0.62	-0.18	-0.1	-0.26	-0.46	-0.71	0.02		-0.74	-0.76	-0.74	-0.56
Total Liab	0.98	0.9	0.56	0.73	0.83	0.69	-0.53	0.73	0.63	0.85	0.5	0.94	0.27	0.5	0.81	0.11	0.23	-0.06	0.72	0.7	-0.06	-0.74		0.69	0.9	0.39
Property Plant And Equipment Gross	0.75	0.85	0.38	0.39	0.78	1.0	-0.76	0.63	0.56	0.35	0.61	0.63	-0.21	0.61	0.55	0.7	0.14	0.13	0.53	0.25	0.39	-0.76	0.69		0.81	0.59
Total Current Assets	0.93	0.86	0.59	0.66	0.88	0.81	-0.66	0.62	0.6	0.68	0.64	0.78	0.21	0.64	0.89	0.41	0.19	0.11	0.49	0.55	0.18	-0.74	0.9	0.81		0.6
Short Term Debt	0.41	0.57	0.17	0.6	0.41	0.58	-0.75	0.54	0.61	0.28	0.15	0.31	0.39	0.15	0.42	0.37	-0.4	0.36	0.22	0.42	0.61	-0.56	0.39	0.59	0.6

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Compass Group Account Relationship Matchups

Compass Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.7B	14.9B	18.7B	17.6B	20.2B	11.4B
Short Long Term Debt Total	4.7B	4.5B	4.9B	5.3B	6.1B	3.4B
Other Current Liab	2.8B	3.0B	3.6B	3.4B	4.0B	2.4B
Total Current Liabilities	4.5B	5.2B	7.0B	7.6B	8.8B	9.2B
Total Stockholder Equity	4.8B	4.9B	5.9B	5.1B	5.9B	3.3B
Property Plant And Equipment Net	1.8B	1.6B	1.8B	1.8B	1.6B	942.5M
Current Deferred Revenue	228M	254M	305M	(213.2M)	(245.2M)	(233.0M)
Net Debt	3.2B	2.6B	2.9B	4.2B	4.9B	2.5B
Retained Earnings	4.1B	242M	1.4B	6.2B	7.1B	7.4B
Accounts Payable	1.1B	1.4B	2.3B	2.4B	2.8B	1.5B
Cash	1.5B	1.8B	2.0B	843M	969.5M	817.5M
Non Current Assets Total	10.5B	8.3B	10.0B	11.9B	13.7B	7.5B
Non Currrent Assets Other	(3.3B)	(212M)	(230M)	2.0B	2.3B	2.4B
Cash And Short Term Investments	1.5B	1.8B	2.0B	843M	969.5M	817.9M
Net Receivables	1.6B	2.7B	3.9B	3.1B	3.5B	2.0B
Common Stock Shares Outstanding	1.7B	1.8B	1.8B	1.7B	1.6B	1.4B
Short Term Investments	34M	(378M)	5M	9M	8.1M	8.5M
Liabilities And Stockholders Equity	14.7B	14.9B	18.7B	17.6B	20.2B	11.4B
Non Current Liabilities Total	5.4B	3.2B	3.4B	4.8B	5.5B	3.5B
Inventory	310M	327M	511M	567M	652.1M	684.7M
Other Current Assets	833M	846M	1.2B	1.2B	1.1B	853.3M
Total Liab	9.9B	9.9B	12.8B	12.4B	14.3B	8.0B
Property Plant And Equipment Gross	1.8B	1.6B	1.8B	1.8B	1.6B	955.1M
Total Current Assets	4.2B	5.0B	6.7B	5.7B	6.5B	3.7B
Accumulated Other Comprehensive Income	270M	94M	417M	4.3B	4.9B	5.2B
Short Term Debt	312M	662M	890M	1.6B	1.4B	1.5B
Intangible Assets	6.3B	1.6B	2.0B	2.0B	1.8B	1.5B
Other Liab	853M	1.0B	896M	1.8B	2.1B	2.2B
Other Assets	1.4B	1.7B	1.7B	1.7B	2.1B	0.0
Long Term Debt	3.7B	3.2B	3.3B	2.3B	2.6B	2.7B
Good Will	4.7B	4.6B	5.1B	5.0B	5.8B	4.5B
Property Plant Equipment	1.1B	1.8B	1.6B	1.8B	1.6B	923.3M
Net Tangible Assets	(2.6B)	(1.6B)	(1.3B)	(1.2B)	(1.4B)	(1.5B)
Short Long Term Debt	106M	481M	693M	1.1B	1.3B	1.3B

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Other Information on Investing in Compass Stock

Balance Sheet is a snapshot of the financial position of Compass Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Compass Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Compass Group 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 Compass currently owns. An asset can also be divided into two categories, current and non-current.

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Compass Net Debt vs Other Current Assets Analysis

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Assets

Compass Group fundamental ratios Correlations

Compass Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Compass Group fundamental ratios Accounts

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Other Information on Investing in Compass Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Assets
Inventory	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.94	Total Assets
Total Liab	+ 0.94	Non Current Assets Total

Other Stockholder Equity	- 0.89	Retained Earnings
Other Stockholder Equity	- 0.85	Total Stockholder Equity
Other Stockholder Equity	- 0.81	Total Assets
Other Stockholder Equity	- 0.78	Total Current Liabilities
Property Plant And Equipment Gross	- 0.76	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.76	Current Deferred Revenue