| CKX Stock | | | USD 12.42 0.22 1.80% |
CKX Lands financial indicator trend analysis is way more than just evaluating CKX Lands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CKX Lands is a good investment. Please check the relationship between CKX Lands Current Deferred Revenue and its Net Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy CKX Stock please use our
How to Invest in CKX Lands guide.
Current Deferred Revenue vs Net Working Capital
Current Deferred Revenue vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CKX Lands Current Deferred Revenue account and
Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CKX Lands' Current Deferred Revenue and Net Working Capital is 0.84. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of CKX Lands, assuming nothing else is changed. The correlation between historical values of CKX Lands' Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of CKX Lands are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., CKX Lands' Current Deferred Revenue and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Net Working Capital
Most indicators from CKX Lands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CKX Lands 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 CKX Lands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy CKX Stock please use our
How to Invest in CKX Lands guide.At this time, CKX Lands'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 146.2
K in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(746.79).
CKX Lands fundamental ratios Correlations
Click cells to compare fundamentals
CKX Lands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CKX Lands fundamental ratios Accounts
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Additional Tools for CKX Stock Analysis
When running CKX Lands' price analysis, check to
measure CKX Lands' 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 CKX Lands is operating at the current time. Most of CKX Lands' value examination focuses on studying past and present price action to
predict the probability of CKX Lands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CKX Lands' price. Additionally, you may evaluate how the addition of CKX Lands to your portfolios can decrease your overall portfolio volatility.