CHAR Average Inventory vs Roe Analysis

YES Stock

CAD 0.18 0.01 5.88%

CHAR Technologies financial indicator trend analysis is way more than just evaluating CHAR Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CHAR Technologies is a good investment. Please check the relationship between CHAR Technologies Average Inventory and its Roe accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. 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.

Average Inventory vs Roe

Average Inventory vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CHAR Technologies Average Inventory account and Roe. At this time, the significance of the direction appears to have pay attention.

The correlation between CHAR Technologies' Average Inventory and Roe is -0.88. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Roe in the same time period over historical financial statements of CHAR Technologies, assuming nothing else is changed. The correlation between historical values of CHAR Technologies' Average Inventory and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of CHAR Technologies are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Average Inventory i.e., CHAR Technologies' Average Inventory and Roe go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

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Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Roe

Most indicators from CHAR Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CHAR Technologies 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. 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.

Enterprise Value is likely to climb to about 45.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 131 K in 2024.

CHAR Technologies 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	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.22	0.57	0.86	0.95	0.27	0.36	0.14	-0.96	0.94	0.55	0.4	0.44	0.29	0.83	0.2	0.96	0.44	0.76	0.2	0.28	0.98	0.13	0.95	0.26	0.59
Short Long Term Debt Total	0.22		0.29	0.09	0.06	0.99	0.39	0.86	-0.29	0.34	-0.08	0.92	0.6	0.23	0.41	0.94	0.22	0.86	0.38	0.99	0.18	0.31	-0.1	0.25	-0.05	-0.17
Other Current Liab	0.57	0.29		0.82	0.62	0.38	0.31	0.01	-0.55	0.47	0.51	0.58	0.54	0.15	0.17	0.36	0.52	0.62	0.04	0.26	0.22	0.51	0.08	0.45	0.15	0.83
Total Current Liabilities	0.86	0.09	0.82		0.86	0.18	0.38	0.0	-0.85	0.76	0.44	0.39	0.53	0.31	0.46	0.05	0.87	0.47	0.36	0.05	0.36	0.81	0.35	0.7	0.46	0.87
Total Stockholder Equity	0.95	0.06	0.62	0.86		0.12	0.36	-0.09	-0.87	0.83	0.67	0.28	0.29	0.3	0.7	0.09	0.88	0.33	0.67	0.03	0.26	0.88	0.16	0.89	0.27	0.73
Property Plant And Equipment Net	0.27	0.99	0.38	0.18	0.12		0.42	0.86	-0.36	0.39	-0.08	0.96	0.68	0.24	0.41	0.92	0.28	0.91	0.35	0.98	0.2	0.36	-0.1	0.27	-0.04	-0.07
Current Deferred Revenue	0.36	0.39	0.31	0.38	0.36	0.42		0.37	-0.35	0.25	-0.1	0.58	0.58	0.95	0.23	0.27	0.42	0.63	0.27	0.38	0.38	0.35	0.24	0.22	0.35	0.36
Net Debt	0.14	0.86	0.01	0.0	-0.09	0.86	0.37		-0.29	0.34	-0.49	0.75	0.61	0.24	0.36	0.65	0.24	0.72	0.34	0.85	0.25	0.27	0.07	0.09	0.12	-0.34
Retained Earnings	-0.96	-0.29	-0.55	-0.85	-0.87	-0.36	-0.35	-0.29		-0.98	-0.38	-0.46	-0.5	-0.24	-0.82	-0.21	-0.98	-0.5	-0.71	-0.27	-0.19	-0.98	-0.16	-0.87	-0.28	-0.53
Accounts Payable	0.94	0.34	0.47	0.76	0.83	0.39	0.25	0.34	-0.98		0.38	0.44	0.41	0.14	0.88	0.26	0.95	0.46	0.79	0.31	0.15	0.96	0.14	0.89	0.25	0.39
Cash	0.55	-0.08	0.51	0.44	0.67	-0.08	-0.1	-0.49	-0.38	0.38		0.02	-0.14	-0.15	0.43	0.18	0.34	-0.02	0.39	-0.08	-0.08	0.46	-0.28	0.69	-0.24	0.48
Non Current Assets Total	0.4	0.92	0.58	0.39	0.28	0.96	0.58	0.75	-0.46	0.44	0.02		0.78	0.38	0.38	0.87	0.4	0.97	0.31	0.91	0.29	0.45	-0.04	0.34	0.04	0.2
Non Currrent Assets Other	0.44	0.6	0.54	0.53	0.29	0.68	0.58	0.61	-0.5	0.41	-0.14	0.78		0.48	0.25	0.48	0.5	0.86	0.15	0.63	0.57	0.51	0.08	0.28	0.19	0.36
Other Assets	0.29	0.23	0.15	0.31	0.3	0.24	0.95	0.24	-0.24	0.14	-0.15	0.38	0.48		0.14	0.09	0.37	0.46	0.24	0.21	0.46	0.27	0.4	0.15	0.5	0.32
Long Term Debt	0.83	0.41	0.17	0.46	0.7	0.41	0.23	0.36	-0.82	0.88	0.43	0.38	0.25	0.14		0.38	0.78	0.35	0.95	0.41	0.06	0.88	-0.09	0.91	0.01	0.06
Cash And Short Term Investments	0.2	0.94	0.36	0.05	0.09	0.92	0.27	0.65	-0.21	0.26	0.18	0.87	0.48	0.09	0.38		0.11	0.77	0.34	0.95	0.08	0.25	-0.32	0.3	-0.27	-0.12
Net Receivables	0.96	0.22	0.52	0.87	0.88	0.28	0.42	0.24	-0.98	0.95	0.34	0.4	0.5	0.37	0.78	0.11		0.46	0.71	0.19	0.32	0.97	0.3	0.85	0.43	0.57
Common Stock Shares Outstanding	0.44	0.86	0.62	0.47	0.33	0.91	0.63	0.72	-0.5	0.46	-0.02	0.97	0.86	0.46	0.35	0.77	0.46		0.28	0.85	0.34	0.48	0.05	0.33	0.15	0.31
Short Term Investments	0.76	0.38	0.04	0.36	0.67	0.35	0.27	0.34	-0.71	0.79	0.39	0.31	0.15	0.24	0.95	0.34	0.71	0.28		0.37	0.17	0.79	0.06	0.85	0.15	0.01
Non Current Liabilities Total	0.2	0.99	0.26	0.05	0.03	0.98	0.38	0.85	-0.27	0.31	-0.08	0.91	0.63	0.21	0.41	0.95	0.19	0.85	0.37		0.18	0.3	-0.21	0.25	-0.15	-0.2
Other Current Assets	0.28	0.18	0.22	0.36	0.26	0.2	0.38	0.25	-0.19	0.15	-0.08	0.29	0.57	0.46	0.06	0.08	0.32	0.34	0.17	0.18		0.28	0.46	0.21	0.49	0.28
Total Liab	0.98	0.31	0.51	0.81	0.88	0.36	0.35	0.27	-0.98	0.96	0.46	0.45	0.51	0.27	0.88	0.25	0.97	0.48	0.79	0.3	0.28		0.11	0.94	0.24	0.48
Short Long Term Debt	0.13	-0.1	0.08	0.35	0.16	-0.1	0.24	0.07	-0.16	0.14	-0.28	-0.04	0.08	0.4	-0.09	-0.32	0.3	0.05	0.06	-0.21	0.46	0.11		-0.02	0.99	0.31
Total Current Assets	0.95	0.25	0.45	0.7	0.89	0.27	0.22	0.09	-0.87	0.89	0.69	0.34	0.28	0.15	0.91	0.3	0.85	0.33	0.85	0.25	0.21	0.94	-0.02		0.09	0.41
Short Term Debt	0.26	-0.05	0.15	0.46	0.27	-0.04	0.35	0.12	-0.28	0.25	-0.24	0.04	0.19	0.5	0.01	-0.27	0.43	0.15	0.15	-0.15	0.49	0.24	0.99	0.09		0.39
Intangible Assets	0.59	-0.17	0.83	0.87	0.73	-0.07	0.36	-0.34	-0.53	0.39	0.48	0.2	0.36	0.32	0.06	-0.12	0.57	0.31	0.01	-0.2	0.28	0.48	0.31	0.41	0.39

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CHAR Technologies Account Relationship Matchups

CHAR Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4M	10.3M	9.9M	18.9M	465.4K	442.1K
Other Current Liab	98.7K	3.0M	2.4M	1.1M	1.2M	754.1K
Total Current Liabilities	874.8K	3.9M	4.4M	3.2M	120.4K	114.4K
Total Stockholder Equity	1.3M	5.5M	4.7M	6.9M	303.4K	288.2K
Property Plant And Equipment Net	1.2M	1.5M	3.8M	9.2M	10.5M	11.1M
Current Deferred Revenue	525.0K	506.9K	596.1K	598.3K	688.0K	550.8K
Net Debt	172.4K	(2.7M)	426.4K	1.7M	2.0M	2.1M
Retained Earnings	(5.5M)	(8.8M)	(15.7M)	(24.1M)	(441.5K)	(463.6K)
Accounts Payable	209.6K	333.5K	807.6K	1.4M	50.7K	48.2K
Cash	129.1K	3.0M	460.5K	2.1M	347.4K	330.0K
Non Current Assets Total	2.7M	6.1M	7.7M	10.6M	12.2M	12.8M
Cash And Short Term Investments	129.1K	3.0M	460.5K	6.1M	7.0M	7.4M
Net Receivables	352.4K	693.4K	1.2M	1.7M	40.3K	38.3K
Common Stock Shares Outstanding	45.1M	64.0M	77.9M	88.5M	101.7M	106.8M
Liabilities And Stockholders Equity	3.4M	10.3M	9.9M	18.9M	21.7M	22.8M
Non Current Liabilities Total	1.2M	880.3K	834.5K	8.7M	10.0M	10.5M
Other Current Assets	62.2K	283.4K	229.5K	196.2K	225.7K	224.5K
Total Liab	2.1M	4.8M	5.3M	11.9M	162.0K	153.9K
Total Current Assets	658.4K	4.2M	2.2M	8.3M	396.5K	376.6K
Accumulated Other Comprehensive Income	511.1K	2.6M	5.1M	7.0M	8.1M	8.5M
Short Term Debt	41.6K	50.7K	662.5K	126.9K	41.6K	39.5K
Intangible Assets	799.9K	672.9K	3.9M	3.3M	786.3K	40.5K
Net Tangible Assets	(282.2K)	952.9K	770.3K	260.7K	234.6K	222.9K
Property Plant Equipment	1.1M	1.5M	3.8M	23.2K	26.7K	25.4K
Other Liab	1.5M	905.2K	622.4K	610.1K	549.1K	716.7K
Inventory	114.6K	270.2K	323.6K	312.5K	359.4K	227.5K
Net Invested Capital	1.5M	5.8M	5.5M	9.4M	10.8M	11.4M
Net Working Capital	(216.5K)	350.0K	(2.2M)	5.0M	5.8M	6.1M

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CHAR Average Inventory vs Roe Analysis

Average Inventory vs Roe

Average Inventory vs Roe Correlation Analysis

Correlation Coefficient

Average Inventory

Roe

CHAR Technologies fundamental ratios Correlations

CHAR Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CHAR Technologies fundamental ratios Accounts

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Additional Tools for CHAR Stock Analysis

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Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Short Long Term Debt
Total Liab	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 0.97	Non Current Assets Total

Total Liab	- 0.98	Retained Earnings
Net Receivables	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Retained Earnings	- 0.96	Total Assets
Total Current Assets	- 0.87	Retained Earnings
Retained Earnings	- 0.87	Total Stockholder Equity