Concurrent Property Plant Equipment vs Total Current Assets Analysis

CNC Stock

142.00 2.00 1.39%

Concurrent Technologies financial indicator trend analysis is way more than just evaluating Concurrent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concurrent Technologies is a good investment. Please check the relationship between Concurrent Technologies Property Plant Equipment and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concurrent Technologies Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concurrent Technologies Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Concurrent Technologies' Property Plant Equipment and Total Current Assets is 0.7. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Concurrent Technologies Plc, assuming nothing else is changed. The correlation between historical values of Concurrent Technologies' Property Plant Equipment and Total Current Assets 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 Equipment of Concurrent Technologies Plc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Concurrent Technologies' Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant Equipment

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.

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

At present, Concurrent Technologies' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	10.0M	7.3M	15.6M	16.4M
Total Revenue	20.5M	18.3M	31.7M	33.2M

Gross Profit Total Revenue

Concurrent Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Net Receivables
Total Assets		0.44	0.83	0.96	0.99	0.88	-0.73	0.97	0.88	0.8	0.84	-0.21	0.79	-0.55	0.71	0.87	0.95	0.62	0.9	0.98	0.86	0.99	-0.26	-0.5	0.82	0.87
Short Long Term Debt Total	0.44		-0.05	0.3	0.47	0.46	-0.21	0.56	0.47	0.23	0.3	-0.46	0.26	-0.76	0.76	0.65	0.44	0.1	0.36	0.4	0.38	0.42	0.05	-0.75	0.29	0.49
Other Current Liab	0.83	-0.05		0.84	0.83	0.63	-0.79	0.76	0.6	0.82	0.7	0.08	0.81	-0.29	0.47	0.54	0.73	0.58	0.8	0.79	0.62	0.84	-0.27	-0.24	0.69	0.59
Total Current Liabilities	0.96	0.3	0.84		0.93	0.91	-0.63	0.88	0.93	0.72	0.87	-0.18	0.68	-0.35	0.53	0.82	0.97	0.69	0.87	0.99	0.91	0.96	-0.34	-0.29	0.85	0.85
Total Stockholder Equity	0.99	0.47	0.83	0.93		0.83	-0.76	0.98	0.84	0.82	0.79	-0.19	0.82	-0.62	0.77	0.85	0.92	0.58	0.91	0.94	0.81	0.99	-0.21	-0.58	0.77	0.85
Property Plant And Equipment Net	0.88	0.46	0.63	0.91	0.83		-0.56	0.84	0.91	0.67	0.89	-0.49	0.6	-0.3	0.46	0.91	0.95	0.58	0.64	0.94	0.93	0.89	-0.48	-0.26	0.88	0.76
Net Debt	-0.73	-0.21	-0.79	-0.63	-0.76	-0.56		-0.79	-0.38	-0.99	-0.51	0.29	-0.97	0.5	-0.6	-0.54	-0.55	-0.26	-0.57	-0.63	-0.45	-0.77	0.38	0.47	-0.51	-0.4
Retained Earnings	0.97	0.56	0.76	0.88	0.98	0.84	-0.79		0.8	0.84	0.77	-0.31	0.85	-0.68	0.8	0.88	0.89	0.49	0.85	0.91	0.78	0.97	-0.23	-0.64	0.75	0.82
Accounts Payable	0.88	0.47	0.6	0.93	0.84	0.91	-0.38	0.8		0.49	0.82	-0.27	0.45	-0.32	0.48	0.87	0.96	0.68	0.78	0.95	0.93	0.86	-0.29	-0.27	0.79	0.9
Cash	0.8	0.23	0.82	0.72	0.82	0.67	-0.99	0.84	0.49		0.61	-0.33	0.97	-0.48	0.6	0.64	0.65	0.34	0.62	0.72	0.56	0.84	-0.42	-0.45	0.61	0.48
Non Current Assets Total	0.84	0.3	0.7	0.87	0.79	0.89	-0.51	0.77	0.82	0.61		-0.09	0.53	-0.28	0.44	0.81	0.88	0.73	0.7	0.89	0.86	0.82	-0.45	-0.24	1.0	0.64
Non Currrent Assets Other	-0.21	-0.46	0.08	-0.18	-0.19	-0.49	0.29	-0.31	-0.27	-0.33	-0.09		-0.31	0.1	-0.11	-0.43	-0.27	0.26	0.14	-0.26	-0.32	-0.27	0.34	0.12	-0.1	-0.21
Cash And Short Term Investments	0.79	0.26	0.81	0.68	0.82	0.6	-0.97	0.85	0.45	0.97	0.53	-0.31		-0.56	0.66	0.6	0.61	0.26	0.64	0.68	0.5	0.82	-0.21	-0.53	0.53	0.49
Common Stock Total Equity	-0.55	-0.76	-0.29	-0.35	-0.62	-0.3	0.5	-0.68	-0.32	-0.48	-0.28	0.1	-0.56		-0.97	-0.51	-0.38	-0.14	-0.62	-0.41	-0.22	-0.52	-0.25	0.99	-0.27	-0.47
Common Stock Shares Outstanding	0.71	0.76	0.47	0.53	0.77	0.46	-0.6	0.8	0.48	0.6	0.44	-0.11	0.66	-0.97		0.63	0.55	0.28	0.75	0.58	0.39	0.68	0.14	-0.94	0.42	0.6
Non Current Liabilities Total	0.87	0.65	0.54	0.82	0.85	0.91	-0.54	0.88	0.87	0.64	0.81	-0.43	0.6	-0.51	0.63		0.92	0.56	0.69	0.9	0.91	0.88	-0.31	-0.48	0.79	0.78
Inventory	0.95	0.44	0.73	0.97	0.92	0.95	-0.55	0.89	0.96	0.65	0.88	-0.27	0.61	-0.38	0.55	0.92		0.68	0.83	0.99	0.96	0.95	-0.35	-0.33	0.86	0.88
Other Current Assets	0.62	0.1	0.58	0.69	0.58	0.58	-0.26	0.49	0.68	0.34	0.73	0.26	0.26	-0.14	0.28	0.56	0.68		0.66	0.68	0.67	0.59	-0.22	-0.09	0.71	0.41
Other Stockholder Equity	0.9	0.36	0.8	0.87	0.91	0.64	-0.57	0.85	0.78	0.62	0.7	0.14	0.64	-0.62	0.75	0.69	0.83	0.66		0.85	0.71	0.87	0.0	-0.56	0.67	0.83
Total Liab	0.98	0.4	0.79	0.99	0.94	0.94	-0.63	0.91	0.95	0.72	0.89	-0.26	0.68	-0.41	0.58	0.9	0.99	0.68	0.85		0.94	0.97	-0.34	-0.35	0.87	0.87
Property Plant And Equipment Gross	0.86	0.38	0.62	0.91	0.81	0.93	-0.45	0.78	0.93	0.56	0.86	-0.32	0.5	-0.22	0.39	0.91	0.96	0.67	0.71	0.94		0.87	-0.4	-0.17	0.84	0.81
Total Current Assets	0.99	0.42	0.84	0.96	0.99	0.89	-0.77	0.97	0.86	0.84	0.82	-0.27	0.82	-0.52	0.68	0.88	0.95	0.59	0.87	0.97	0.87		-0.29	-0.47	0.8	0.84
Short Term Debt	-0.26	0.05	-0.27	-0.34	-0.21	-0.48	0.38	-0.23	-0.29	-0.42	-0.45	0.34	-0.21	-0.25	0.14	-0.31	-0.35	-0.22	0.0	-0.34	-0.4	-0.29		-0.26	-0.46	-0.11
Common Stock	-0.5	-0.75	-0.24	-0.29	-0.58	-0.26	0.47	-0.64	-0.27	-0.45	-0.24	0.12	-0.53	0.99	-0.94	-0.48	-0.33	-0.09	-0.56	-0.35	-0.17	-0.47	-0.26		-0.22	-0.42
Intangible Assets	0.82	0.29	0.69	0.85	0.77	0.88	-0.51	0.75	0.79	0.61	1.0	-0.1	0.53	-0.27	0.42	0.79	0.86	0.71	0.67	0.87	0.84	0.8	-0.46	-0.22		0.61
Net Receivables	0.87	0.49	0.59	0.85	0.85	0.76	-0.4	0.82	0.9	0.48	0.64	-0.21	0.49	-0.47	0.6	0.78	0.88	0.41	0.83	0.87	0.81	0.84	-0.11	-0.42	0.61

Click cells to compare fundamentals

Concurrent Technologies Account Relationship Matchups

Concurrent Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.3M	29.0M	29.8M	32.6M	47.8M	50.2M
Other Current Liab	1.6M	2.1M	1.5M	(170.7K)	3.5M	3.6M
Total Current Liabilities	5.0M	4.2M	4.2M	5.8M	9.7M	10.2M
Total Stockholder Equity	21.9M	22.6M	22.7M	23.2M	35.0M	36.8M
Property Plant And Equipment Net	1.6M	1.7M	1.6M	2.7M	2.5M	2.6M
Net Debt	(9.6M)	(10.9M)	(10.9M)	(3.1M)	(10.1M)	(9.6M)
Retained Earnings	17.0M	18.0M	18.1M	18.5M	24.1M	25.3M
Accounts Payable	2.3M	2.0M	2.0M	5.8M	5.7M	6.0M
Cash	10.5M	11.8M	11.8M	4.5M	11.1M	11.7M
Non Current Assets Total	9.8M	9.1M	8.3M	11.8M	16.8M	17.7M
Non Currrent Assets Other	(1.6M)	(1.8M)	(1.9M)	(2.9M)	1.0	1.05
Cash And Short Term Investments	10.5M	11.8M	11.8M	4.5M	11.1M	11.7M
Common Stock Shares Outstanding	72.7M	73.3M	73.6M	73.4M	79.9M	75.0M
Liabilities And Stockholders Equity	28.3M	29.0M	29.8M	32.6M	47.8M	50.2M
Non Current Liabilities Total	1.5M	2.3M	2.9M	3.7M	3.1M	3.3M
Inventory	5.1M	5.5M	6.4M	10.1M	12.0M	12.6M
Other Current Assets	711.1K	841.9K	841.2K	1.4M	2.5M	2.6M
Total Liab	6.5M	6.5M	7.1M	9.5M	12.8M	13.4M
Property Plant And Equipment Gross	1.6M	1.7M	4.9M	6.8M	7.3M	7.6M
Total Current Assets	18.6M	20.0M	21.5M	20.8M	31.0M	32.6M
Accumulated Other Comprehensive Income	419.4K	135.7K	159.6K	229.0K	1.4M	1.5M
Intangible Assets	8.0M	7.2M	6.6M	8.8M	12.7M	13.3M
Net Receivables	2.3M	1.8M	2.4M	4.8M	5.4M	5.7M
Other Liab	1.5M	1.6M	2.2M	2.4M	2.8M	1.7M
Net Tangible Assets	21.9M	22.5M	16.0M	23.0M	26.4M	20.2M
Deferred Long Term Liab	8.0M	7.2M	6.8M	8.6M	9.9M	7.7M
Property Plant Equipment	705.0K	1.6M	1.7M	1.4M	1.7M	1.0M
Net Invested Capital	21.9M	22.6M	23.7M	23.2M	35.0M	25.9M
Net Working Capital	13.6M	15.8M	17.4M	15.0M	21.3M	16.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Concurrent Stock

Balance Sheet is a snapshot of the financial position of Concurrent Technologies at a specified time, usually calculated after every quarter, six months, or one year. Concurrent Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Concurrent Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Concurrent currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Concurrent Property Plant Equipment vs Total Current Assets Analysis

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Total Current Assets

Concurrent Technologies fundamental ratios Correlations

Concurrent Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Concurrent Technologies fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Concurrent Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Intangible Assets	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Total Equity

Cash	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.97	Common Stock Total Equity
Cash And Short Term Investments	- 0.97	Net Debt
Common Stock	- 0.94	Common Stock Shares Outstanding
Retained Earnings	- 0.79	Net Debt
Net Debt	- 0.79	Other Current Liab