200012 Stock | | | 2.29 0.01 0.43% |
CSG Holding financial indicator trend analysis is way more than just evaluating CSG Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Holding is a good investment. Please check the relationship between CSG Holding Good Will and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Holding 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 board of governors.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSG Holding Good Will account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CSG Holding's Good Will and Total Current Liabilities is 0.14. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CSG Holding Co, assuming nothing else is changed. The correlation between historical values of CSG Holding's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of CSG Holding Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., CSG Holding's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Current Liabilities
Total Current Liabilities is an item on CSG Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CSG Holding Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from CSG Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Holding 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 Holding 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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 373.8
M, whereas
Tax Provision is forecasted to decline to about 81.5
M.
CSG Holding fundamental ratios Correlations
Click cells to compare fundamentals
CSG Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSG Holding fundamental ratios Accounts
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Other Information on Investing in CSG Stock
Balance Sheet is a snapshot of the
financial position of CSG Holding at a specified time, usually calculated after every quarter, six months, or one year. CSG Holding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CSG Holding 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 CSG currently owns. An asset can also be divided into two categories, current and non-current.