CCS Stock | | | USD 91.11 3.48 3.68% |
Century Communities financial indicator trend analysis is way more than just evaluating Century Communities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Communities is a good investment. Please check the relationship between Century Communities Total Current Assets and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For more information on how to buy Century Stock please use our
How to Invest in Century Communities guide.
Total Current Assets vs Property Plant And Equipment Net
Total Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Century Communities Total Current Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Century Communities' Total Current Assets and Property Plant And Equipment Net is 0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Century Communities, assuming nothing else is changed. The correlation between historical values of Century Communities' Total Current Assets and Property Plant And Equipment Net 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 Century Communities are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Century Communities' Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Century Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Communities 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 Century Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For more information on how to buy Century Stock please use our
How to Invest in Century Communities guide.At this time, Century Communities'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 14.21 in 2024, whereas
Tax Provision is likely to drop slightly above 69.4
M in 2024.
Century Communities fundamental ratios Correlations
Click cells to compare fundamentals
Century Communities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Communities fundamental ratios Accounts
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Additional Tools for Century Stock Analysis
When running Century Communities' price analysis, check to
measure Century Communities' 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 Century Communities is operating at the current time. Most of Century Communities' value examination focuses on studying past and present price action to
predict the probability of Century Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Communities' price. Additionally, you may evaluate how the addition of Century Communities to your portfolios can decrease your overall portfolio volatility.