Challenger Long Term Debt vs Cash And Short Term Investments Analysis

CGF Stock

6.22 0.05 0.81%

Challenger financial indicator trend analysis is way more than just evaluating Challenger prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Challenger is a good investment. Please check the relationship between Challenger Long Term Debt and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Challenger. 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.

Long Term Debt vs Cash And Short Term Investments

Long Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Challenger Long Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Challenger's Long Term Debt and Cash And Short Term Investments is -0.52. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Challenger, assuming nothing else is changed. The correlation between historical values of Challenger's Long Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Challenger are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Long Term Debt i.e., Challenger's Long Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Challenger has held for over one year. Long-term debt appears on Challenger balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Challenger balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Challenger balance sheet. This account contains Challenger investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Challenger fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Challenger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Challenger 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 Challenger. 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.

At this time, Challenger's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 68 M in 2024, whereas Discontinued Operations is likely to drop (7.6 M) in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	233.9M	1.1B	635.9M	604.1M
Gross Profit	1.4B	652.2M	635.9M	989.5M

Other Operating Expenses Gross Profit

Challenger fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Accounts Payable	Cash	Long Term Debt	Short Term Investments	Total Liab	Common Stock	Retained Earnings	Other Assets	Other Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.96	0.72	0.34	0.34	0.62	0.62	0.98	0.85	0.12	0.77	0.79	0.7	0.86	-0.14	0.81	0.54	0.57	0.16	-0.2	0.83	0.88	0.58	0.52	-0.03	-0.28
Total Stockholder Equity	0.96		0.67	0.17	0.29	0.6	0.52	0.97	0.95	0.23	0.7	0.78	0.67	0.89	-0.19	0.66	0.47	0.52	0.02	-0.39	0.8	0.9	0.67	0.38	-0.08	-0.45
Accounts Payable	0.72	0.67		0.12	0.3	0.44	0.45	0.72	0.56	0.09	0.64	0.8	0.51	0.79	-0.38	0.7	0.56	0.62	0.21	-0.41	0.51	0.72	0.48	0.36	-0.35	-0.44
Cash	0.34	0.17	0.12		0.49	0.02	0.25	0.26	0.09	-0.02	0.19	0.3	0.16	-0.08	0.45	0.49	0.04	-0.01	0.08	0.66	0.48	0.01	0.14	0.34	0.46	0.63
Long Term Debt	0.34	0.29	0.3	0.49		-0.4	-0.08	0.31	0.29	0.48	-0.09	0.62	-0.26	0.06	0.38	0.48	-0.32	-0.33	-0.52	0.13	0.64	0.1	-0.06	-0.1	0.34	0.14
Short Term Investments	0.62	0.6	0.44	0.02	-0.4		0.63	0.62	0.47	-0.34	0.91	0.31	0.95	0.7	-0.45	0.44	0.81	0.85	0.65	-0.17	0.21	0.66	0.62	0.59	-0.33	-0.27
Total Liab	0.62	0.52	0.45	0.25	-0.08	0.63		0.62	0.27	-0.68	0.57	0.29	0.76	0.62	-0.35	0.4	0.89	0.83	0.32	0.18	0.34	0.65	0.53	0.98	-0.22	0.17
Common Stock	0.98	0.97	0.72	0.26	0.31	0.62	0.62		0.85	0.13	0.74	0.8	0.7	0.89	-0.19	0.76	0.56	0.61	0.1	-0.3	0.8	0.93	0.63	0.5	-0.08	-0.36
Retained Earnings	0.85	0.95	0.56	0.09	0.29	0.47	0.27	0.85		0.43	0.57	0.71	0.53	0.78	-0.09	0.53	0.25	0.3	-0.1	-0.48	0.78	0.75	0.61	0.13	0.01	-0.55
Other Assets	0.12	0.23	0.09	-0.02	0.48	-0.34	-0.68	0.13	0.43		-0.15	0.38	-0.41	0.0	0.32	0.19	-0.67	-0.57	-0.42	-0.44	0.38	0.0	-0.15	-0.77	0.27	-0.48
Other Liab	0.77	0.7	0.64	0.19	-0.09	0.91	0.57	0.74	0.57	-0.15		0.5	0.86	0.72	-0.27	0.71	0.73	0.78	0.67	-0.16	0.43	0.7	0.52	0.54	-0.16	-0.27
Short Long Term Debt Total	0.79	0.78	0.8	0.3	0.62	0.31	0.29	0.8	0.71	0.38	0.5		0.4	0.71	-0.12	0.77	0.29	0.34	-0.15	-0.31	0.77	0.68	0.45	0.19	-0.1	-0.36
Other Current Liab	0.7	0.67	0.51	0.16	-0.26	0.95	0.76	0.7	0.53	-0.41	0.86	0.4		0.74	-0.42	0.45	0.87	0.89	0.51	-0.08	0.33	0.7	0.76	0.73	-0.29	-0.16
Total Current Liabilities	0.86	0.89	0.79	-0.08	0.06	0.7	0.62	0.89	0.78	0.0	0.72	0.71	0.74		-0.54	0.56	0.68	0.74	0.18	-0.53	0.52	0.97	0.68	0.47	-0.43	-0.56
Property Plant And Equipment Net	-0.14	-0.19	-0.38	0.45	0.38	-0.45	-0.35	-0.19	-0.09	0.32	-0.27	-0.12	-0.42	-0.54		0.07	-0.52	-0.56	-0.2	0.4	0.32	-0.47	-0.5	-0.27	0.98	0.37
Net Debt	0.81	0.66	0.7	0.49	0.48	0.44	0.4	0.76	0.53	0.19	0.71	0.77	0.45	0.56	0.07		0.37	0.4	0.33	0.04	0.74	0.59	0.18	0.38	0.12	-0.07
Non Current Assets Total	0.54	0.47	0.56	0.04	-0.32	0.81	0.89	0.56	0.25	-0.67	0.73	0.29	0.87	0.68	-0.52	0.37		0.98	0.53	-0.06	0.15	0.65	0.6	0.86	-0.42	-0.09
Non Currrent Assets Other	0.57	0.52	0.62	-0.01	-0.33	0.85	0.83	0.61	0.3	-0.57	0.78	0.34	0.89	0.74	-0.56	0.4	0.98		0.55	-0.19	0.15	0.7	0.61	0.79	-0.46	-0.23
Cash And Short Term Investments	0.16	0.02	0.21	0.08	-0.52	0.65	0.32	0.1	-0.1	-0.42	0.67	-0.15	0.51	0.18	-0.2	0.33	0.53	0.55		0.15	-0.21	0.17	0.02	0.39	-0.14	0.07
Net Receivables	-0.2	-0.39	-0.41	0.66	0.13	-0.17	0.18	-0.3	-0.48	-0.44	-0.16	-0.31	-0.08	-0.53	0.4	0.04	-0.06	-0.19	0.15		-0.05	-0.45	-0.25	0.35	0.39	0.98
Good Will	0.83	0.8	0.51	0.48	0.64	0.21	0.34	0.8	0.78	0.38	0.43	0.77	0.33	0.52	0.32	0.74	0.15	0.15	-0.21	-0.05		0.54	0.32	0.26	0.39	-0.13
Common Stock Total Equity	0.88	0.9	0.72	0.01	0.1	0.66	0.65	0.93	0.75	0.0	0.7	0.68	0.7	0.97	-0.47	0.59	0.65	0.7	0.17	-0.45	0.54		0.66	0.51	-0.36	-0.48
Common Stock Shares Outstanding	0.58	0.67	0.48	0.14	-0.06	0.62	0.53	0.63	0.61	-0.15	0.52	0.45	0.76	0.68	-0.5	0.18	0.6	0.61	0.02	-0.25	0.32	0.66		0.45	-0.42	-0.26
Non Current Liabilities Total	0.52	0.38	0.36	0.34	-0.1	0.59	0.98	0.5	0.13	-0.77	0.54	0.19	0.73	0.47	-0.27	0.38	0.86	0.79	0.39	0.35	0.26	0.51	0.45		-0.16	0.34
Property Plant And Equipment Gross	-0.03	-0.08	-0.35	0.46	0.34	-0.33	-0.22	-0.08	0.01	0.27	-0.16	-0.1	-0.29	-0.43	0.98	0.12	-0.42	-0.46	-0.14	0.39	0.39	-0.36	-0.42	-0.16		0.35
Total Current Assets	-0.28	-0.45	-0.44	0.63	0.14	-0.27	0.17	-0.36	-0.55	-0.48	-0.27	-0.36	-0.16	-0.56	0.37	-0.07	-0.09	-0.23	0.07	0.98	-0.13	-0.48	-0.26	0.34	0.35

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Challenger Account Relationship Matchups

Challenger fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.6B	30.0B	29.7B	31.0B	33.4B	21.2B
Total Stockholder Equity	3.2B	3.8B	4.0B	4.2B	3.9B	2.4B
Accounts Payable	1.6B	1.7B	726.2M	854.6M	1.2B	1.2B
Cash	661.9M	989.4M	733.1M	593.4M	573.2M	855.6M
Long Term Debt	7.7B	6.3B	1.6B	5.8B	1.5B	1.4B
Short Term Investments	8.3B	11.9B	26.3B	27.6B	30.0B	31.5B
Total Liab	25.3B	26.2B	25.7B	26.8B	29.5B	15.0B
Common Stock	2.4B	2.5B	2.5B	2.5B	2.6B	1.7B
Retained Earnings	922.9M	1.5B	1.6B	1.7B	1.4B	729.1M
Other Assets	4.5B	4.0B	4.2B	86.3M	(1.0B)	(972.0M)
Other Liab	13.6B	14.5B	14.6B	20.7B	23.8B	25.0B
Short Long Term Debt Total	13.4B	10.8B	10.0B	10.4B	7.1B	8.4B
Other Current Liab	1.6B	3.1B	4.1B	4.3B	3.8B	4.0B
Total Current Liabilities	8.8B	9.3B	9.1B	9.6B	10.6B	5.5B
Property Plant And Equipment Net	58.3M	62.9M	53.8M	47.8M	39.3M	72.4M
Net Debt	7.1B	5.4B	5.1B	5.3B	6.6B	6.4B
Non Current Assets Total	27.3B	27.8B	28.3B	29.4B	31.8B	33.4B
Non Currrent Assets Other	24.3B	25.2B	25.1B	26.2B	31.1B	32.7B
Cash And Short Term Investments	661.9M	989.4M	733.1M	593.4M	30.5B	32.1B
Net Receivables	731.8M	913.4M	1.2B	1.1B	1.2B	1.9B
Liabilities And Stockholders Equity	28.6B	30.0B	29.7B	31.0B	33.4B	24.8B
Non Current Liabilities Total	16.5B	16.9B	16.7B	17.2B	18.9B	13.4B
Property Plant And Equipment Gross	28.6M	58.3M	73.6M	70.3M	67.9M	75.3M
Total Current Assets	1.3B	2.2B	1.4B	1.5B	1.6B	2.6B
Short Term Debt	5.6B	4.4B	4.2B	4.5B	5.6B	4.0B
Intangible Assets	598M	589.1M	587.2M	587.4M	4.8M	4.6M
Property Plant Equipment	58.3M	62.9M	53.8M	47.8M	55.0M	98.6M
Current Deferred Revenue	1M	48.1M	66.5M	1.0	7.4M	7.8M
Inventory	(1.4B)	(1.9B)	(1.9B)	(1.7B)	(31.7B)	(30.2B)
Other Current Assets	1.3B	2.2B	1.4B	1.5B	721.9M	1.0B
Treasury Stock	(96.8M)	(61.6M)	(47.1M)	(36.9M)	(42.4M)	(44.6M)
Other Stockholder Equity	(47.1M)	(36.9M)	(24M)	(30.4M)	(53.8M)	(56.5M)
Net Tangible Assets	2.7B	3.2B	3.4B	3.6B	4.1B	2.9B
Long Term Investments	12.6B	10.3B	74.9M	81.9M	86.6M	82.3M
Short Long Term Debt	5.6B	4.4B	4.2B	4.5B	5.6B	4.7B
Long Term Debt Total	7.8B	6.4B	5.8B	5.9B	5.3B	5.2B

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