Challenger Property Plant And Equipment Net vs Non Current Liabilities Total 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 Property Plant And Equipment Net and its Non Current Liabilities Total 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.

Property Plant And Equipment Net vs Non Current Liabilities Total

Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Challenger Property Plant And Equipment Net account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Challenger's Property Plant And Equipment Net and Non Current Liabilities Total is -0.27. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Challenger, assuming nothing else is changed. The correlation between historical values of Challenger's Property Plant And Equipment Net and Non Current Liabilities Total 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 And Equipment Net of Challenger are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Challenger's Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Non Current Liabilities Total

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 Expenses233.9M1.1B635.9M604.1M
Gross Profit1.4B652.2M635.9M989.5M

Challenger fundamental ratios Correlations

0.960.720.340.340.620.620.980.850.120.770.790.70.86-0.140.810.540.570.16-0.20.830.880.580.52-0.03-0.28
0.960.670.170.290.60.520.970.950.230.70.780.670.89-0.190.660.470.520.02-0.390.80.90.670.38-0.08-0.45
0.720.670.120.30.440.450.720.560.090.640.80.510.79-0.380.70.560.620.21-0.410.510.720.480.36-0.35-0.44
0.340.170.120.490.020.250.260.09-0.020.190.30.16-0.080.450.490.04-0.010.080.660.480.010.140.340.460.63
0.340.290.30.49-0.4-0.080.310.290.48-0.090.62-0.260.060.380.48-0.32-0.33-0.520.130.640.1-0.06-0.10.340.14
0.620.60.440.02-0.40.630.620.47-0.340.910.310.950.7-0.450.440.810.850.65-0.170.210.660.620.59-0.33-0.27
0.620.520.450.25-0.080.630.620.27-0.680.570.290.760.62-0.350.40.890.830.320.180.340.650.530.98-0.220.17
0.980.970.720.260.310.620.620.850.130.740.80.70.89-0.190.760.560.610.1-0.30.80.930.630.5-0.08-0.36
0.850.950.560.090.290.470.270.850.430.570.710.530.78-0.090.530.250.3-0.1-0.480.780.750.610.130.01-0.55
0.120.230.09-0.020.48-0.34-0.680.130.43-0.150.38-0.410.00.320.19-0.67-0.57-0.42-0.440.380.0-0.15-0.770.27-0.48
0.770.70.640.19-0.090.910.570.740.57-0.150.50.860.72-0.270.710.730.780.67-0.160.430.70.520.54-0.16-0.27
0.790.780.80.30.620.310.290.80.710.380.50.40.71-0.120.770.290.34-0.15-0.310.770.680.450.19-0.1-0.36
0.70.670.510.16-0.260.950.760.70.53-0.410.860.40.74-0.420.450.870.890.51-0.080.330.70.760.73-0.29-0.16
0.860.890.79-0.080.060.70.620.890.780.00.720.710.74-0.540.560.680.740.18-0.530.520.970.680.47-0.43-0.56
-0.14-0.19-0.380.450.38-0.45-0.35-0.19-0.090.32-0.27-0.12-0.42-0.540.07-0.52-0.56-0.20.40.32-0.47-0.5-0.270.980.37
0.810.660.70.490.480.440.40.760.530.190.710.770.450.560.070.370.40.330.040.740.590.180.380.12-0.07
0.540.470.560.04-0.320.810.890.560.25-0.670.730.290.870.68-0.520.370.980.53-0.060.150.650.60.86-0.42-0.09
0.570.520.62-0.01-0.330.850.830.610.3-0.570.780.340.890.74-0.560.40.980.55-0.190.150.70.610.79-0.46-0.23
0.160.020.210.08-0.520.650.320.1-0.1-0.420.67-0.150.510.18-0.20.330.530.550.15-0.210.170.020.39-0.140.07
-0.2-0.39-0.410.660.13-0.170.18-0.3-0.48-0.44-0.16-0.31-0.08-0.530.40.04-0.06-0.190.15-0.05-0.45-0.250.350.390.98
0.830.80.510.480.640.210.340.80.780.380.430.770.330.520.320.740.150.15-0.21-0.050.540.320.260.39-0.13
0.880.90.720.010.10.660.650.930.750.00.70.680.70.97-0.470.590.650.70.17-0.450.540.660.51-0.36-0.48
0.580.670.480.14-0.060.620.530.630.61-0.150.520.450.760.68-0.50.180.60.610.02-0.250.320.660.45-0.42-0.26
0.520.380.360.34-0.10.590.980.50.13-0.770.540.190.730.47-0.270.380.860.790.390.350.260.510.45-0.160.34
-0.03-0.08-0.350.460.34-0.33-0.22-0.080.010.27-0.16-0.1-0.29-0.430.980.12-0.42-0.46-0.140.390.39-0.36-0.42-0.160.35
-0.28-0.45-0.440.630.14-0.270.17-0.36-0.55-0.48-0.27-0.36-0.16-0.560.37-0.07-0.09-0.230.070.98-0.13-0.48-0.260.340.35
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Challenger Account Relationship Matchups

Challenger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.6B30.0B29.7B31.0B33.4B21.2B
Total Stockholder Equity3.2B3.8B4.0B4.2B3.9B2.4B
Accounts Payable1.6B1.7B726.2M854.6M1.2B1.2B
Cash661.9M989.4M733.1M593.4M573.2M855.6M
Long Term Debt7.7B6.3B1.6B5.8B1.5B1.4B
Short Term Investments8.3B11.9B26.3B27.6B30.0B31.5B
Total Liab25.3B26.2B25.7B26.8B29.5B15.0B
Common Stock2.4B2.5B2.5B2.5B2.6B1.7B
Retained Earnings922.9M1.5B1.6B1.7B1.4B729.1M
Other Assets4.5B4.0B4.2B86.3M(1.0B)(972.0M)
Other Liab13.6B14.5B14.6B20.7B23.8B25.0B
Short Long Term Debt Total13.4B10.8B10.0B10.4B7.1B8.4B
Other Current Liab1.6B3.1B4.1B4.3B3.8B4.0B
Total Current Liabilities8.8B9.3B9.1B9.6B10.6B5.5B
Property Plant And Equipment Net58.3M62.9M53.8M47.8M39.3M72.4M
Net Debt7.1B5.4B5.1B5.3B6.6B6.4B
Non Current Assets Total27.3B27.8B28.3B29.4B31.8B33.4B
Non Currrent Assets Other24.3B25.2B25.1B26.2B31.1B32.7B
Cash And Short Term Investments661.9M989.4M733.1M593.4M30.5B32.1B
Net Receivables731.8M913.4M1.2B1.1B1.2B1.9B
Liabilities And Stockholders Equity28.6B30.0B29.7B31.0B33.4B24.8B
Non Current Liabilities Total16.5B16.9B16.7B17.2B18.9B13.4B
Property Plant And Equipment Gross28.6M58.3M73.6M70.3M67.9M75.3M
Total Current Assets1.3B2.2B1.4B1.5B1.6B2.6B
Short Term Debt5.6B4.4B4.2B4.5B5.6B4.0B
Intangible Assets598M589.1M587.2M587.4M4.8M4.6M
Property Plant Equipment58.3M62.9M53.8M47.8M55.0M98.6M
Current Deferred Revenue1M48.1M66.5M1.07.4M7.8M
Inventory(1.4B)(1.9B)(1.9B)(1.7B)(31.7B)(30.2B)
Other Current Assets1.3B2.2B1.4B1.5B721.9M1.0B
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 Assets2.7B3.2B3.4B3.6B4.1B2.9B
Long Term Investments12.6B10.3B74.9M81.9M86.6M82.3M
Short Long Term Debt5.6B4.4B4.2B4.5B5.6B4.7B
Long Term Debt Total7.8B6.4B5.8B5.9B5.3B5.2B

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