Codere Change In Working Capital vs End Period Cash Flow Analysis

CDROW Stock

USD 0.96 0.07 7.87%

Codere Online financial indicator trend analysis is way more than just evaluating Codere Online Luxembourg prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Codere Online Luxembourg is a good investment. Please check the relationship between Codere Online Change In Working Capital and its End Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Change In Working Capital vs End Period Cash Flow

Change In Working Capital vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Codere Online Luxembourg Change In Working Capital account and End Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Codere Online's Change In Working Capital and End Period Cash Flow is -0.21. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Codere Online Luxembourg, assuming nothing else is changed. The correlation between historical values of Codere Online's Change In Working Capital and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Codere Online Luxembourg are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change In Working Capital i.e., Codere Online's Change In Working Capital and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

End Period Cash Flow

Most indicators from Codere Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codere Online Luxembourg 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 Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Tax Provision is likely to climb to about 3.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 40.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	561K	12.6M	14.5M	15.3M
Depreciation And Amortization	721K	556K	500.4K	667.0K

Interest Expense Depreciation And Amortization

Codere Online 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	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Intangible Assets
Total Assets		-0.86	0.82	-0.45	0.96	0.55	0.68	-0.93	0.79	0.96	-0.74	-0.85	0.95	-0.61	-0.82	0.58	-0.77	0.1	0.85	-0.74	0.93	-0.81	1.0	0.97	-0.81	-0.73
Short Long Term Debt Total	-0.86		-0.85	0.67	-0.93	-0.82	-0.85	0.96	-0.8	-0.9	0.81	0.95	-0.91	0.83	0.67	-0.72	0.93	-0.1	-0.97	0.9	-0.69	0.98	-0.86	-0.9	0.98	0.87
Other Current Liab	0.82	-0.85		-0.32	0.77	0.81	0.73	-0.87	0.98	0.89	-0.93	-0.73	0.9	-0.83	-0.46	0.94	-0.69	-0.27	0.92	-0.6	0.55	-0.89	0.83	0.77	-0.89	-0.94
Total Current Liabilities	-0.45	0.67	-0.32		-0.63	-0.34	-0.7	0.64	-0.17	-0.56	0.47	0.61	-0.55	0.67	0.69	-0.17	0.56	-0.24	-0.56	0.83	-0.47	0.67	-0.45	-0.62	0.67	0.47
Total Stockholder Equity	0.96	-0.93	0.77	-0.63		0.62	0.74	-0.97	0.72	0.94	-0.73	-0.93	0.94	-0.67	-0.86	0.53	-0.87	0.19	0.9	-0.86	0.91	-0.88	0.96	0.99	-0.88	-0.75
Property Plant And Equipment Net	0.55	-0.82	0.81	-0.34	0.62		0.61	-0.69	0.83	0.6	-0.7	-0.77	0.62	-0.71	-0.2	0.86	-0.81	-0.1	0.88	-0.6	0.27	-0.82	0.56	0.56	-0.82	-0.84
Current Deferred Revenue	0.68	-0.85	0.73	-0.7	0.74	0.61		-0.8	0.64	0.79	-0.69	-0.78	0.79	-0.79	-0.49	0.66	-0.76	0.24	0.76	-0.9	0.5	-0.85	0.68	0.71	-0.85	-0.7
Net Debt	-0.93	0.96	-0.87	0.64	-0.97	-0.69	-0.8		-0.8	-0.98	0.87	0.89	-0.98	0.83	0.79	-0.68	0.83	0.01	-0.95	0.84	-0.81	0.96	-0.94	-0.97	0.96	0.88
Accounts Payable	0.79	-0.8	0.98	-0.17	0.72	0.83	0.64	-0.8		0.82	-0.85	-0.71	0.84	-0.72	-0.36	0.94	-0.69	-0.24	0.88	-0.52	0.51	-0.82	0.8	0.71	-0.82	-0.89
Cash	0.96	-0.9	0.89	-0.56	0.94	0.6	0.79	-0.98	0.82		-0.88	-0.82	1.0	-0.79	-0.8	0.68	-0.74	-0.04	0.9	-0.77	0.84	-0.91	0.97	0.96	-0.91	-0.85
Non Current Assets Total	-0.74	0.81	-0.93	0.47	-0.73	-0.7	-0.69	0.87	-0.85	-0.88		0.61	-0.89	0.94	0.54	-0.85	0.55	0.45	-0.87	0.57	-0.51	0.9	-0.76	-0.76	0.9	0.97
Long Term Debt	-0.85	0.95	-0.73	0.61	-0.93	-0.77	-0.78	0.89	-0.71	-0.82	0.61		-0.82	0.63	0.65	-0.57	0.99	-0.36	-0.9	0.91	-0.74	0.87	-0.84	-0.87	0.87	0.71
Cash And Short Term Investments	0.95	-0.91	0.9	-0.55	0.94	0.62	0.79	-0.98	0.84	1.0	-0.89	-0.82		-0.81	-0.77	0.71	-0.74	-0.06	0.91	-0.77	0.82	-0.92	0.96	0.95	-0.92	-0.86
Net Receivables	-0.61	0.83	-0.83	0.67	-0.67	-0.71	-0.79	0.83	-0.72	-0.79	0.94	0.63	-0.81		0.49	-0.79	0.58	0.34	-0.84	0.68	-0.38	0.92	-0.63	-0.69	0.92	0.94
Common Stock Shares Outstanding	-0.82	0.67	-0.46	0.69	-0.86	-0.2	-0.49	0.79	-0.36	-0.8	0.54	0.65	-0.77	0.49		-0.13	0.55	-0.15	-0.62	0.69	-0.92	0.64	-0.81	-0.9	0.64	0.48
Short Term Investments	0.58	-0.72	0.94	-0.17	0.53	0.86	0.66	-0.68	0.94	0.68	-0.85	-0.57	0.71	-0.79	-0.13		-0.57	-0.37	0.8	-0.44	0.23	-0.79	0.59	0.51	-0.79	-0.9
Non Current Liabilities Total	-0.77	0.93	-0.69	0.56	-0.87	-0.81	-0.76	0.83	-0.69	-0.74	0.55	0.99	-0.74	0.58	0.55	-0.57		-0.4	-0.87	0.89	-0.65	0.83	-0.77	-0.79	0.83	0.67
Other Current Assets	0.1	-0.1	-0.27	-0.24	0.19	-0.1	0.24	0.01	-0.24	-0.04	0.45	-0.36	-0.06	0.34	-0.15	-0.37	-0.4		-0.07	-0.44	0.26	0.08	0.08	0.1	0.08	0.38
Other Stockholder Equity	0.85	-0.97	0.92	-0.56	0.9	0.88	0.76	-0.95	0.88	0.9	-0.87	-0.9	0.91	-0.84	-0.62	0.8	-0.87	-0.07		-0.79	0.65	-0.97	0.86	0.88	-0.97	-0.94
Total Liab	-0.74	0.9	-0.6	0.83	-0.86	-0.6	-0.9	0.84	-0.52	-0.77	0.57	0.91	-0.77	0.68	0.69	-0.44	0.89	-0.44	-0.79		-0.67	0.84	-0.74	-0.82	0.84	0.61
Net Invested Capital	0.93	-0.69	0.55	-0.47	0.91	0.27	0.5	-0.81	0.51	0.84	-0.51	-0.74	0.82	-0.38	-0.92	0.23	-0.65	0.26	0.65	-0.67		-0.62	0.92	0.92	-0.62	-0.47
Short Long Term Debt	-0.81	0.98	-0.89	0.67	-0.88	-0.82	-0.85	0.96	-0.82	-0.91	0.9	0.87	-0.92	0.92	0.64	-0.79	0.83	0.08	-0.97	0.84	-0.62		-0.82	-0.87	1.0	0.94
Total Current Assets	1.0	-0.86	0.83	-0.45	0.96	0.56	0.68	-0.94	0.8	0.97	-0.76	-0.84	0.96	-0.63	-0.81	0.59	-0.77	0.08	0.86	-0.74	0.92	-0.82		0.97	-0.82	-0.74
Net Working Capital	0.97	-0.9	0.77	-0.62	0.99	0.56	0.71	-0.97	0.71	0.96	-0.76	-0.87	0.95	-0.69	-0.9	0.51	-0.79	0.1	0.88	-0.82	0.92	-0.87	0.97		-0.87	-0.75
Short Term Debt	-0.81	0.98	-0.89	0.67	-0.88	-0.82	-0.85	0.96	-0.82	-0.91	0.9	0.87	-0.92	0.92	0.64	-0.79	0.83	0.08	-0.97	0.84	-0.62	1.0	-0.82	-0.87		0.94
Intangible Assets	-0.73	0.87	-0.94	0.47	-0.75	-0.84	-0.7	0.88	-0.89	-0.85	0.97	0.71	-0.86	0.94	0.48	-0.9	0.67	0.38	-0.94	0.61	-0.47	0.94	-0.74	-0.75	0.94

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Codere Online Account Relationship Matchups

Codere Online fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.2M	18.5M	105.3M	69.3M	79.7M	60.2M
Short Long Term Debt Total	51.7M	39.2M	3.0M	5.0M	4.5M	4.2M
Other Current Liab	5.4M	4.7M	8.0M	9.0M	10.3M	6.5M
Total Current Liabilities	54.1M	37.0M	31.6M	42.8M	38.5M	33.2M
Total Stockholder Equity	(31.4M)	(40.0M)	68.0M	24.4M	28.1M	29.5M
Property Plant And Equipment Net	92K	116K	133K	971K	1.1M	1.2M
Net Debt	43.7M	28.3M	(91.9M)	(48.9M)	(44.0M)	(41.8M)
Accounts Payable	18.5M	13.0M	19.7M	23.8M	27.4M	19.1M
Cash	8.0M	10.9M	94.9M	53.8M	61.9M	37.5M
Non Current Assets Total	2.1M	1.2M	606K	983K	884.7K	1.3M
Cash And Short Term Investments	12.4M	15.7M	98.8M	60.6M	69.7M	42.4M
Net Receivables	29.5M	835K	3.3M	4.2M	3.8M	3.6M
Short Term Investments	4.4M	4.8M	3.9M	6.8M	7.8M	4.9M
Liabilities And Stockholders Equity	44.2M	18.5M	105.3M	69.3M	79.7M	60.2M
Other Current Assets	231K	254K	739K	677K	778.6K	596.0K
Other Stockholder Equity	(13.8M)	(7.1M)	106.9M	106.9M	123.0M	129.1M
Total Liab	75.6M	58.5M	37.1M	44.8M	40.3M	43.4M
Net Invested Capital	20.2M	(799K)	71.0M	29.4M	33.8M	30.8M
Short Long Term Debt	30.2M	17.8M	3.0M	4.2M	3.8M	3.6M
Total Current Assets	42.1M	17.3M	104.7M	68.3M	78.6M	58.4M
Net Working Capital	(12.0M)	(19.7M)	73.1M	25.6M	29.4M	30.9M
Short Term Debt	30.2M	17.8M	3.0M	4.2M	3.8M	3.6M
Intangible Assets	2.0M	1.1M	469K	10K	9K	8.6K

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When running Codere Online's price analysis, check to measure Codere Online's 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 Codere Online is operating at the current time. Most of Codere Online's value examination focuses on studying past and present price action to predict the probability of Codere Online's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codere Online's price. Additionally, you may evaluate how the addition of Codere Online to your portfolios can decrease your overall portfolio volatility.

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Codere Change In Working Capital vs End Period Cash Flow Analysis

Change In Working Capital vs End Period Cash Flow

Change In Working Capital vs End Period Cash Flow Correlation Analysis

Correlation Coefficient

Change In Working Capital

End Period Cash Flow

Codere Online fundamental ratios Correlations

Codere Online Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Codere Online fundamental ratios Accounts

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Additional Tools for Codere Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 1.0	Short Long Term Debt
Net Working Capital	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Long Term Debt
Short Long Term Debt	+ 0.98	Short Long Term Debt Total

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Short Term Debt	- 0.97	Other Stockholder Equity
Short Long Term Debt	- 0.97	Other Stockholder Equity
Net Working Capital	- 0.97	Net Debt
Net Debt	- 0.97	Total Stockholder Equity