Changzhou Dividends Paid vs Capital Expenditures Analysis

002623 Stock   18.60  0.65  3.62%   
Changzhou Almaden financial indicator trend analysis is way more than just evaluating Changzhou Almaden prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changzhou Almaden is a good investment. Please check the relationship between Changzhou Almaden Dividends Paid and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changzhou Almaden Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changzhou Almaden Dividends Paid account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Changzhou Almaden's Dividends Paid and Capital Expenditures is 0.48. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Changzhou Almaden Co, assuming nothing else is changed. The correlation between historical values of Changzhou Almaden's Dividends Paid and Capital Expenditures 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 Changzhou Almaden Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Changzhou Almaden's Dividends Paid and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Capital Expenditures

Capital Expenditures are funds used by Changzhou Almaden to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Changzhou Almaden operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Changzhou Almaden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changzhou Almaden 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 Changzhou Almaden Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 42.7 M, whereas Tax Provision is projected to grow to (2.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit168.9M257.8M275.8M236.0M
Research Development70.2M102.0M115.1M66.7M

Changzhou Almaden fundamental ratios Correlations

0.390.90.860.930.940.130.580.790.870.440.890.710.810.860.650.60.62-0.060.26-0.870.78-0.470.35-0.480.02
0.390.60.030.230.3-0.030.660.310.340.710.620.360.010.60.370.65-0.20.270.59-0.470.080.110.770.010.73
0.90.60.560.740.92-0.110.690.640.810.590.990.760.490.920.810.760.420.110.44-0.940.68-0.380.59-0.470.26
0.860.030.560.930.740.40.30.710.730.130.520.480.970.520.340.160.71-0.14-0.07-0.550.73-0.510.03-0.48-0.25
0.930.230.740.930.840.210.460.790.840.180.70.710.890.690.610.360.620.040.02-0.70.73-0.550.15-0.53-0.11
0.940.30.920.740.84-0.030.540.660.880.380.890.760.650.820.770.560.640.010.29-0.870.81-0.480.37-0.540.02
0.13-0.03-0.110.40.21-0.030.03-0.11-0.110.11-0.14-0.240.47-0.11-0.42-0.23-0.010.170.070.17-0.020.080.060.040.16
0.580.660.690.30.460.540.030.390.490.760.690.60.330.750.470.63-0.10.120.63-0.50.130.120.74-0.020.59
0.790.310.640.710.790.66-0.110.390.740.180.660.620.670.70.490.510.49-0.260.02-0.710.6-0.49-0.02-0.39-0.28
0.870.340.810.730.840.88-0.110.490.740.340.780.80.630.760.70.450.58-0.130.23-0.750.73-0.450.33-0.51-0.03
0.440.710.590.130.180.380.110.760.180.340.60.290.160.60.160.6-0.09-0.010.69-0.450.120.20.830.020.64
0.890.620.990.520.70.89-0.140.690.660.780.60.750.470.950.760.840.390.030.5-0.940.63-0.320.55-0.370.26
0.710.360.760.480.710.76-0.240.60.620.80.290.750.430.770.750.570.220.020.35-0.630.4-0.210.33-0.260.13
0.810.010.490.970.890.650.470.330.670.630.160.470.430.50.240.170.63-0.17-0.05-0.470.61-0.390.02-0.34-0.2
0.860.60.920.520.690.82-0.110.750.70.760.60.950.770.50.670.880.24-0.070.57-0.860.47-0.170.49-0.210.24
0.650.370.810.340.610.77-0.420.470.490.70.160.760.750.240.670.490.360.310.11-0.750.57-0.470.39-0.560.12
0.60.650.760.160.360.56-0.230.630.510.450.60.840.570.170.880.490.04-0.120.69-0.750.260.010.440.050.32
0.62-0.20.420.710.620.64-0.01-0.10.490.58-0.090.390.220.630.240.360.04-0.29-0.26-0.50.91-0.63-0.14-0.53-0.43
-0.060.270.11-0.140.040.010.170.12-0.26-0.13-0.010.030.02-0.17-0.070.31-0.12-0.29-0.13-0.02-0.11-0.140.28-0.30.43
0.260.590.44-0.070.020.290.070.630.020.230.690.50.35-0.050.570.110.69-0.26-0.13-0.26-0.10.510.610.430.66
-0.87-0.47-0.94-0.55-0.7-0.870.17-0.5-0.71-0.75-0.45-0.94-0.63-0.47-0.86-0.75-0.75-0.5-0.02-0.26-0.760.59-0.360.590.01
0.780.080.680.730.730.81-0.020.130.60.730.120.630.40.610.470.570.260.91-0.11-0.1-0.76-0.770.09-0.72-0.28
-0.470.11-0.38-0.51-0.55-0.480.080.12-0.49-0.450.2-0.32-0.21-0.39-0.17-0.470.01-0.63-0.140.510.59-0.770.20.920.54
0.350.770.590.030.150.370.060.74-0.020.330.830.550.330.020.490.390.44-0.140.280.61-0.360.090.2-0.060.83
-0.480.01-0.47-0.48-0.53-0.540.04-0.02-0.39-0.510.02-0.37-0.26-0.34-0.21-0.560.05-0.53-0.30.430.59-0.720.92-0.060.36
0.020.730.26-0.25-0.110.020.160.59-0.28-0.030.640.260.13-0.20.240.120.32-0.430.430.660.01-0.280.540.830.36
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Changzhou Almaden Account Relationship Matchups

Changzhou Almaden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.1B4.9B5.0B5.3B3.4B
Other Current Liab46.7M116.4M59.4M573.5K952.6K905.0K
Total Current Liabilities1.2B1.5B1.3B1.4B1.5B914.7M
Total Stockholder Equity2.1B2.3B3.3B3.2B3.2B2.2B
Retained Earnings469.8M607.6M661.6M648.4M685.9M470.5M
Accounts Payable472.3M701.6M807.5M880.2M855.0M481.5M
Cash254.4M836.5M745.9M752.8M638.4M702.1M
Other Assets126.5M105.9M117.1M78.2M89.9M91.6M
Net Receivables891.1M471.4M1.0B651.7M801.8M554.7M
Inventory127.6M129.7M251.6M185.4M165.2M117.4M
Other Current Assets121.1M101.4M109.3M65.9M95.2M102.0M
Total Liab1.6B1.7B1.6B1.7B2.0B1.2B
Intangible Assets144.4M140.4M140.0M144.8M140.8M115.7M
Property Plant Equipment2.1B1.9B1.3B1.5B1.8B1.2B
Other Liab34.5M40.3M55.9M38.2M43.9M31.9M
Long Term Debt635.1M404.6M132.0M162.3M361.9M299.8M
Net Tangible Assets2.1B2.0B2.2B3.1B3.6B2.4B
Other Stockholder Equity4.4M(17.7M)92.8M(15.6M)(17.9M)(17.0M)
Deferred Long Term Liab36.6M13.8M11.9M21.0M18.9M24.9M
Total Current Assets1.5B2.3B3.1B3.0B3.1B2.4B
Non Current Assets Total2.2B1.8B1.8B2.0B2.2B1.8B
Non Currrent Assets Other11.4M44.3M11.2M15.9M11.2M10.7M
Non Current Liabilities Total444.9M187.8M281.2M354.7M533.9M376.7M
Short Long Term Debt408.7M629.3M424.0M421.4M495.4M436.6M
Non Current Liabilities Other313M142M4.8M14.9M3.4M3.2M
Net Invested Capital2.6B3.0B3.8B3.8B4.1B3.8B
Net Working Capital324.7M757.5M1.7B1.6B1.6B1.0B

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Other Information on Investing in Changzhou Stock

Balance Sheet is a snapshot of the financial position of Changzhou Almaden at a specified time, usually calculated after every quarter, six months, or one year. Changzhou Almaden Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changzhou Almaden and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Changzhou currently owns. An asset can also be divided into two categories, current and non-current.