CSGS Stock | | | USD 55.20 0.72 1.32% |
CSG Systems financial indicator trend analysis is way more than just evaluating CSG Systems International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Systems International is a good investment. Please check the relationship between CSG Systems Other Current Liab and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSG Systems International Other Current Liab account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between CSG Systems' Other Current Liab and Total Assets is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of CSG Systems International, assuming nothing else is changed. The correlation between historical values of CSG Systems' Other Current Liab and Total 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 Other Current Liab of CSG Systems International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., CSG Systems' Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Total Assets
Total assets refers to the total amount of CSG Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CSG Systems International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from CSG Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Systems International 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 CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, CSG Systems'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 11.92 in 2024, whereas
Tax Provision is likely to drop slightly above 21.6
M in 2024.
CSG Systems fundamental ratios Correlations
Click cells to compare fundamentals
CSG Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSG Systems fundamental ratios Accounts
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Additional Tools for CSG Stock Analysis
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measure CSG Systems' 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 CSG Systems is operating at the current time. Most of CSG Systems' value examination focuses on studying past and present price action to
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