Central Property Plant Equipment vs Total Current Liabilities Analysis

CAML Stock   162.20  0.80  0.49%   
Central Asia financial indicator trend analysis is way more than just evaluating Central Asia Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Asia Metals is a good investment. Please check the relationship between Central Asia Property Plant Equipment and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Asia Metals. 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.

Property Plant Equipment vs Total Current Liabilities

Property Plant Equipment vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Asia Metals Property Plant Equipment account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Central Asia's Property Plant Equipment and Total Current Liabilities is 0.79. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Central Asia Metals, assuming nothing else is changed. The correlation between historical values of Central Asia's Property Plant Equipment 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 Property Plant Equipment of Central Asia Metals 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 Property Plant Equipment i.e., Central Asia's Property Plant Equipment and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Current Liabilities

Total Current Liabilities is an item on Central Asia balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Central Asia Metals 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 Central Asia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Asia Metals 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 Central Asia Metals. 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 13.7 M in 2024, whereas Discontinued Operations is likely to drop (4.8 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses28.3M76.8M34.5M22.2M
Cost Of Revenue82.2M89.1M95.7M100.5M

Central Asia fundamental ratios Correlations

0.640.890.960.910.760.47-0.230.670.650.670.890.290.920.930.080.99-0.210.60.811.0-0.830.520.920.860.87
0.640.750.420.540.71-0.14-0.340.770.150.690.880.240.460.560.330.66-0.350.880.250.67-0.64-0.030.470.320.83
0.890.750.750.760.70.15-0.390.720.370.720.940.240.680.790.140.9-0.420.80.550.91-0.870.220.70.640.8
0.960.420.750.890.640.63-0.090.490.750.530.730.240.950.91-0.030.94-0.120.360.890.94-0.730.670.950.940.73
0.910.540.760.890.730.47-0.060.610.850.640.780.040.880.99-0.150.920.080.420.780.91-0.620.510.870.850.81
0.760.710.70.640.730.29-0.350.860.450.670.830.280.720.720.20.76-0.150.650.60.76-0.670.360.720.590.88
0.47-0.140.150.630.470.290.210.20.670.080.140.150.60.460.040.41-0.05-0.30.740.41-0.20.940.590.560.3
-0.23-0.34-0.39-0.09-0.06-0.350.21-0.290.31-0.03-0.41-0.63-0.05-0.04-0.43-0.220.41-0.61-0.15-0.260.560.3-0.08-0.11-0.29
0.670.770.720.490.610.860.2-0.290.280.830.830.240.530.60.20.66-0.250.710.370.66-0.630.250.540.330.84
0.650.150.370.750.850.450.670.310.280.320.38-0.170.740.84-0.350.650.34-0.080.720.63-0.210.670.710.780.49
0.670.690.720.530.640.670.08-0.030.830.320.780.040.580.63-0.060.68-0.130.650.290.68-0.520.210.590.340.76
0.890.880.940.730.780.830.14-0.410.830.380.780.320.710.80.240.9-0.320.870.550.91-0.840.210.720.60.94
0.290.240.240.240.040.280.15-0.630.24-0.170.040.320.240.050.670.21-0.550.340.330.28-0.560.210.270.130.31
0.920.460.680.950.880.720.6-0.050.530.740.580.710.240.880.020.9-0.120.340.910.9-0.650.71.00.920.75
0.930.560.790.910.990.720.46-0.040.60.840.630.80.050.88-0.130.940.050.450.760.93-0.630.50.870.860.81
0.080.330.14-0.03-0.150.20.04-0.430.2-0.35-0.060.240.670.02-0.130.02-0.750.330.160.08-0.270.130.05-0.150.21
0.990.660.90.940.920.760.41-0.220.660.650.680.90.210.90.940.02-0.170.630.771.0-0.820.460.90.860.87
-0.21-0.35-0.42-0.120.08-0.15-0.050.41-0.250.34-0.13-0.32-0.55-0.120.05-0.75-0.17-0.39-0.19-0.210.45-0.18-0.16-0.01-0.15
0.60.880.80.360.420.65-0.3-0.610.71-0.080.650.870.340.340.450.330.63-0.390.160.64-0.75-0.250.370.260.74
0.810.250.550.890.780.60.74-0.150.370.720.290.550.330.910.760.160.77-0.190.160.78-0.610.790.910.890.6
1.00.670.910.940.910.760.41-0.260.660.630.680.910.280.90.930.081.0-0.210.640.78-0.840.460.910.850.88
-0.83-0.64-0.87-0.73-0.62-0.67-0.20.56-0.63-0.21-0.52-0.84-0.56-0.65-0.63-0.27-0.820.45-0.75-0.61-0.84-0.25-0.68-0.63-0.74
0.52-0.030.220.670.510.360.940.30.250.670.210.210.210.70.50.130.46-0.18-0.250.790.46-0.250.690.580.34
0.920.470.70.950.870.720.59-0.080.540.710.590.720.271.00.870.050.9-0.160.370.910.91-0.680.690.910.75
0.860.320.640.940.850.590.56-0.110.330.780.340.60.130.920.86-0.150.86-0.010.260.890.85-0.630.580.910.6
0.870.830.80.730.810.880.3-0.290.840.490.760.940.310.750.810.210.87-0.150.740.60.88-0.740.340.750.6
Click cells to compare fundamentals

Central Asia Account Relationship Matchups

Central Asia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets515.1M543.5M520.6M443.0M462.2M299.2M
Other Current Liab50.2M8.9M6.2M7.5M8.8M15.1M
Total Current Liabilities54.1M65.5M50.6M19.8M19.0M26.2M
Total Stockholder Equity336.4M394.1M410.6M369.4M381.3M219.6M
Other Liab55.9M52.4M60.4M55.1M63.4M66.6M
Accounts Payable3.9M4.7M3.4M6.7M5.5M4.0M
Cash28.6M44.2M55.7M60.3M56.8M40.3M
Other Assets3.7M4.1M7.7M11.8M13.6M14.3M
Net Receivables1.5M1.9M1.2M2.4M1.4M1.6M
Inventory7.3M7.8M10.5M13.1M14.9M15.6M
Other Current Assets9.0M10.7M8.5M6.7M11.2M7.9M
Total Liab180.0M150.7M111.3M74.9M82.1M80.0M
Intangible Assets28.0M25.1M22.2M19.1M97K92.2K
Property Plant Equipment429.6M406.4M418.0M384.9M442.6M464.8M
Short Long Term Debt Total109.5M81.1M33.6M1.7M1.8M1.7M
Property Plant And Equipment Net406.4M418.0M384.9M322.2M338.1M211.9M
Current Deferred Revenue(39.3M)(48.3M)(33.3M)(1.7M)(1.5M)(1.6M)
Net Debt81.0M36.9M(22.1M)(58.6M)(55.0M)(52.3M)
Retained Earnings250.5M278.1M324.0M312.1M310.3M175.2M
Non Current Assets Total465.1M474.7M437.0M348.7M377.9M255.7M
Non Currrent Assets Other(465.1M)(474.7M)(437.0M)(348.7M)32.1M33.7M
Cash And Short Term Investments28.6M44.2M55.7M60.3M56.8M41.1M
Common Stock Shares Outstanding181.6M181.7M182.1M184.9M190.3M140.2M
Liabilities And Stockholders Equity515.1M543.5M520.6M443.0M462.2M314.4M
Non Current Liabilities Total69.5M32.3M60.7M55.1M63.2M41.0M
Other Stockholder Equity84.2M187.7M(19.9M)(78.6M)69.1M72.6M
Property Plant And Equipment Gross434.4M443.1M554.6M548.6M590.5M620.1M
Total Current Assets46.4M64.7M75.9M82.5M84.3M56.7M
Accumulated Other Comprehensive Income(100.5M)(73.5M)(104.8M)(134.1M)(121.2M)(115.1M)
Short Term Debt39.3M48.3M33.3M1.7M502K476.9K
Net Tangible Assets265.9M277.8M337.4M358.5M412.2M230.6M
Good Will30.7M31.6M29.9M7.4M7.5M7.2M
Net Invested Capital445.2M474.5M443.5M370.8M381.6M355.1M
Short Long Term Debt39.3M48.1M33.0M1.4M326K309.7K
Net Working Capital(7.5M)(815K)25.3M62.7M65.3M68.6M

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