CSGS Stock | | | USD 55.51 0.31 0.56% |
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 Property Plant Equipment and its Long Term Investments 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.
Property Plant Equipment vs Long Term Investments
Property Plant Equipment vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSG Systems International Property Plant Equipment account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CSG Systems' Property Plant Equipment and Long Term Investments is -0.04. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments 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' Property Plant Equipment 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 Property Plant Equipment of CSG Systems International 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 Property Plant Equipment i.e., CSG Systems' Property Plant Equipment and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Long Term Investments
Long Term Investments is an item on the asset side of CSG Systems balance sheet that represents investments CSG Systems International intends to hold for over a year. CSG Systems International long term investments may include different instruments such as stocks, bonds, real estate and cash.
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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