CSX Total Current Assets vs Deferred Long Term Liab Analysis

CSX Stock  USD 35.34  0.77  2.23%   
CSX financial indicator trend analysis is way more than just evaluating CSX Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSX Corporation is a good investment. Please check the relationship between CSX Total Current Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Current Assets vs Deferred Long Term Liab

Total Current Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSX Corporation Total Current Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CSX's Total Current Assets and Deferred Long Term Liab is -0.16. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of CSX Corporation, assuming nothing else is changed. The correlation between historical values of CSX's Total Current Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of CSX Corporation are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Assets i.e., CSX's Total Current Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from CSX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSX Corporation 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 CSX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, CSX's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.79 in 2024, whereas Selling General Administrative is likely to drop slightly above 27.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.1B5.8B5.7B4.4B
Total Revenue12.5B14.9B14.7B11.1B

CSX fundamental ratios Correlations

0.72-0.460.270.90.990.70.840.61.0-0.180.66-0.12-0.960.99-0.050.07-0.760.980.560.63-0.03-0.630.260.45-0.11
0.72-0.710.20.560.650.990.430.60.70.010.590.08-0.830.73-0.05-0.34-0.50.740.890.620.06-0.390.390.76-0.33
-0.46-0.71-0.09-0.38-0.38-0.65-0.2-0.74-0.43-0.1-0.54-0.260.49-0.46-0.220.520.04-0.47-0.51-0.610.00.04-0.39-0.520.67
0.270.2-0.09-0.060.240.2-0.150.150.260.140.170.54-0.280.350.08-0.32-0.190.40.280.30.730.230.190.450.0
0.90.56-0.38-0.060.920.550.960.470.92-0.30.47-0.29-0.840.830.010.24-0.680.80.420.39-0.32-0.70.130.25-0.22
0.990.65-0.380.240.920.640.880.51.0-0.230.57-0.18-0.940.97-0.060.19-0.790.960.520.52-0.07-0.680.20.38-0.06
0.70.99-0.650.20.550.640.430.490.69-0.020.490.08-0.830.71-0.04-0.27-0.510.730.910.520.03-0.390.380.77-0.28
0.840.43-0.2-0.150.960.880.430.360.86-0.270.42-0.51-0.790.76-0.170.43-0.770.730.320.29-0.3-0.81-0.050.07-0.05
0.60.6-0.740.150.470.50.490.360.540.140.920.03-0.580.62-0.04-0.54-0.260.620.290.940.16-0.220.290.36-0.42
1.00.7-0.430.260.921.00.690.860.54-0.210.6-0.13-0.960.98-0.050.12-0.780.970.560.57-0.05-0.650.240.44-0.1
-0.180.01-0.10.14-0.3-0.23-0.02-0.270.14-0.210.210.090.12-0.13-0.4-0.20.1-0.120.010.230.240.18-0.410.010.17
0.660.59-0.540.170.470.570.490.420.920.60.21-0.14-0.640.71-0.23-0.36-0.420.70.270.970.2-0.340.190.29-0.05
-0.120.08-0.260.54-0.29-0.180.08-0.510.03-0.130.09-0.140.15-0.070.44-0.60.46-0.030.10.10.120.690.520.44-0.34
-0.96-0.830.49-0.28-0.84-0.94-0.83-0.79-0.58-0.960.12-0.640.15-0.960.17-0.020.83-0.96-0.72-0.61-0.060.68-0.25-0.580.14
0.990.73-0.460.350.830.970.710.760.620.98-0.130.71-0.07-0.96-0.080.02-0.751.00.560.690.05-0.590.290.47-0.04
-0.05-0.05-0.220.080.01-0.06-0.04-0.17-0.04-0.05-0.4-0.230.440.17-0.08-0.240.48-0.080.04-0.1-0.140.380.160.11-0.35
0.07-0.340.52-0.320.240.19-0.270.43-0.540.12-0.2-0.36-0.6-0.020.02-0.24-0.34-0.01-0.22-0.52-0.25-0.48-0.36-0.480.51
-0.76-0.50.04-0.19-0.68-0.79-0.51-0.77-0.26-0.780.1-0.420.460.83-0.750.48-0.34-0.75-0.51-0.31-0.130.880.05-0.36-0.12
0.980.74-0.470.40.80.960.730.730.620.97-0.120.7-0.03-0.961.0-0.08-0.01-0.750.590.690.11-0.560.30.51-0.05
0.560.89-0.510.280.420.520.910.320.290.560.010.270.1-0.720.560.04-0.22-0.510.590.320.16-0.420.210.81-0.32
0.630.62-0.610.30.390.520.520.290.940.570.230.970.1-0.610.69-0.1-0.52-0.310.690.320.24-0.20.320.41-0.15
-0.030.060.00.73-0.32-0.070.03-0.30.16-0.050.240.20.12-0.060.05-0.14-0.25-0.130.110.160.240.12-0.120.240.03
-0.63-0.390.040.23-0.7-0.68-0.39-0.81-0.22-0.650.18-0.340.690.68-0.590.38-0.480.88-0.56-0.42-0.20.120.17-0.16-0.06
0.260.39-0.390.190.130.20.38-0.050.290.24-0.410.190.52-0.250.290.16-0.360.050.30.210.32-0.120.170.44-0.3
0.450.76-0.520.450.250.380.770.070.360.440.010.290.44-0.580.470.11-0.48-0.360.510.810.410.24-0.160.44-0.42
-0.11-0.330.670.0-0.22-0.06-0.28-0.05-0.42-0.10.17-0.05-0.340.14-0.04-0.350.51-0.12-0.05-0.32-0.150.03-0.06-0.3-0.42
Click cells to compare fundamentals

CSX Account Relationship Matchups

CSX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B39.8B40.5B41.9B42.4B27.0B
Short Long Term Debt Total16.2B16.7B16.4B18.0B19.1B20.0B
Other Current Liab1.9B691M891M1.0B836M1.2B
Total Current Liabilities2.2B2.0B2.2B2.5B3.2B2.0B
Total Stockholder Equity11.9B13.1B13.5B12.6B12.1B8.5B
Property Plant And Equipment Net32.2B32.4B33.0B34.2B35.4B21.6B
Net Debt15.3B13.6B14.1B16.1B17.7B18.6B
Retained Earnings11.4B12.5B11.6B10.4B9.8B7.2B
Cash958M3.1B2.2B2.0B1.4B782.4M
Non Current Assets Total35.0B35.4B36.7B38.1B39.0B24.3B
Non Currrent Assets Other932M923M1.5B(6.5B)523M549.2M
Cash And Short Term Investments2.0B3.1B2.3B2.1B1.4B1.0B
Net Receivables986M912M1.1B1.3B1.4B1.1B
Common Stock Shares Outstanding2.4B2.3B2.3B2.1B2.0B2.9B
Liabilities And Stockholders Equity38.3B39.8B40.5B41.9B42.4B27.0B
Non Current Liabilities Total24.2B24.7B24.8B26.8B27.1B15.8B
Inventory261M302M339M341M446M287.0M
Other Current Assets1.3B96M70M108M109M103.6M
Other Stockholder Equity361M409M66M574M696M661.2M
Total Liab26.4B26.7B27.0B29.3B30.3B18.5B
Property Plant And Equipment Gross32.7B32.9B33.0B34.2B50.8B53.4B
Total Current Assets3.3B4.4B3.9B3.8B3.4B2.7B
Accumulated Other Comprehensive Income(675M)(598M)(408M)(388M)379M398.0M
Short Term Debt18M245M446M220M626M385.2M
Accounts Payable1.0B809M963M1.1B1.2B931.9M
Current Deferred Revenue(1.0B)(809M)(963M)7.6B525M551.3M
Common Stock Total Equity773M763M2.2B2.1B2.4B2.5B
Short Term Investments996M2M77M129M83M78.9M
Common Stock773M763M2.2B2.1B2.0B2.1B
Other Liab7.8B8.4B8.6B8.3B9.6B10.0B
Other Assets312M35.4B1.5B328M377.2M358.3M
Long Term Debt16.0B16.3B16.2B17.9B18.0B11.0B
Property Plant Equipment32.2B32.4B33.0B34.2B39.4B27.2B
Net Tangible Assets11.8B13.1B13.5B12.1B13.9B12.4B
Retained Earnings Total Equity11.4B12.5B11.6B10.4B11.9B11.8B
Long Term Debt Total16.0B16.3B16.2B17.9B20.6B13.1B

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.

Additional Tools for CSX Stock Analysis

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