CSL Stock | | | 276.47 2.75 1.00% |
CSL financial indicator trend analysis is way more than just evaluating CSL prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSL is a good investment. Please check the relationship between CSL Dividends Paid and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSL. 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.
Dividends Paid vs Net Income
Dividends Paid vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSL Dividends Paid account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between CSL's Dividends Paid and Net Income is 0.75. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of CSL, assuming nothing else is changed. The correlation between historical values of CSL's Dividends Paid and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of CSL are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Dividends Paid i.e., CSL's Dividends Paid and Net Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CSL financial statement analysis. It represents the amount of money remaining after all of CSL operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CSL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSL 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 CSL. 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.
Selling General Administrative is likely to gain to about 898.8
M in 2024, whereas
Tax Provision is likely to drop slightly above 510.3
M in 2024.
CSL fundamental ratios Correlations
Click cells to compare fundamentals
CSL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSL fundamental ratios Accounts
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Additional Tools for CSL Stock Analysis
When running CSL's price analysis, check to
measure CSL's 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 CSL is operating at the current time. Most of CSL's value examination focuses on studying past and present price action to
predict the probability of CSL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSL's price. Additionally, you may evaluate how the addition of CSL to your portfolios can decrease your overall portfolio volatility.