Concurrent Total Revenue vs Net Receivables 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 Total Revenue and its Net Receivables 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.

Total Revenue vs Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concurrent Technologies Total Revenue account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Concurrent Technologies' Total Revenue and Net Receivables is 0.8. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables 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' Total Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Concurrent Technologies Plc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Concurrent Technologies' Total Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts Concurrent Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Receivables

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 Profit10.0M7.3M15.6M16.4M
Total Revenue20.5M18.3M31.7M33.2M

Concurrent Technologies fundamental ratios Correlations

0.440.830.960.990.88-0.730.970.880.80.84-0.210.79-0.550.710.870.950.620.90.980.860.99-0.26-0.50.820.87
0.44-0.050.30.470.46-0.210.560.470.230.3-0.460.26-0.760.760.650.440.10.360.40.380.420.05-0.750.290.49
0.83-0.050.840.830.63-0.790.760.60.820.70.080.81-0.290.470.540.730.580.80.790.620.84-0.27-0.240.690.59
0.960.30.840.930.91-0.630.880.930.720.87-0.180.68-0.350.530.820.970.690.870.990.910.96-0.34-0.290.850.85
0.990.470.830.930.83-0.760.980.840.820.79-0.190.82-0.620.770.850.920.580.910.940.810.99-0.21-0.580.770.85
0.880.460.630.910.83-0.560.840.910.670.89-0.490.6-0.30.460.910.950.580.640.940.930.89-0.48-0.260.880.76
-0.73-0.21-0.79-0.63-0.76-0.56-0.79-0.38-0.99-0.510.29-0.970.5-0.6-0.54-0.55-0.26-0.57-0.63-0.45-0.770.380.47-0.51-0.4
0.970.560.760.880.980.84-0.790.80.840.77-0.310.85-0.680.80.880.890.490.850.910.780.97-0.23-0.640.750.82
0.880.470.60.930.840.91-0.380.80.490.82-0.270.45-0.320.480.870.960.680.780.950.930.86-0.29-0.270.790.9
0.80.230.820.720.820.67-0.990.840.490.61-0.330.97-0.480.60.640.650.340.620.720.560.84-0.42-0.450.610.48
0.840.30.70.870.790.89-0.510.770.820.61-0.090.53-0.280.440.810.880.730.70.890.860.82-0.45-0.241.00.64
-0.21-0.460.08-0.18-0.19-0.490.29-0.31-0.27-0.33-0.09-0.310.1-0.11-0.43-0.270.260.14-0.26-0.32-0.270.340.12-0.1-0.21
0.790.260.810.680.820.6-0.970.850.450.970.53-0.31-0.560.660.60.610.260.640.680.50.82-0.21-0.530.530.49
-0.55-0.76-0.29-0.35-0.62-0.30.5-0.68-0.32-0.48-0.280.1-0.56-0.97-0.51-0.38-0.14-0.62-0.41-0.22-0.52-0.250.99-0.27-0.47
0.710.760.470.530.770.46-0.60.80.480.60.44-0.110.66-0.970.630.550.280.750.580.390.680.14-0.940.420.6
0.870.650.540.820.850.91-0.540.880.870.640.81-0.430.6-0.510.630.920.560.690.90.910.88-0.31-0.480.790.78
0.950.440.730.970.920.95-0.550.890.960.650.88-0.270.61-0.380.550.920.680.830.990.960.95-0.35-0.330.860.88
0.620.10.580.690.580.58-0.260.490.680.340.730.260.26-0.140.280.560.680.660.680.670.59-0.22-0.090.710.41
0.90.360.80.870.910.64-0.570.850.780.620.70.140.64-0.620.750.690.830.660.850.710.870.0-0.560.670.83
0.980.40.790.990.940.94-0.630.910.950.720.89-0.260.68-0.410.580.90.990.680.850.940.97-0.34-0.350.870.87
0.860.380.620.910.810.93-0.450.780.930.560.86-0.320.5-0.220.390.910.960.670.710.940.87-0.4-0.170.840.81
0.990.420.840.960.990.89-0.770.970.860.840.82-0.270.82-0.520.680.880.950.590.870.970.87-0.29-0.470.80.84
-0.260.05-0.27-0.34-0.21-0.480.38-0.23-0.29-0.42-0.450.34-0.21-0.250.14-0.31-0.35-0.220.0-0.34-0.4-0.29-0.26-0.46-0.11
-0.5-0.75-0.24-0.29-0.58-0.260.47-0.64-0.27-0.45-0.240.12-0.530.99-0.94-0.48-0.33-0.09-0.56-0.35-0.17-0.47-0.26-0.22-0.42
0.820.290.690.850.770.88-0.510.750.790.611.0-0.10.53-0.270.420.790.860.710.670.870.840.8-0.46-0.220.61
0.870.490.590.850.850.76-0.40.820.90.480.64-0.210.49-0.470.60.780.880.410.830.870.810.84-0.11-0.420.61
Click cells to compare fundamentals

Concurrent Technologies Account Relationship Matchups

Concurrent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.3M29.0M29.8M32.6M47.8M50.2M
Other Current Liab1.6M2.1M1.5M(170.7K)3.5M3.6M
Total Current Liabilities5.0M4.2M4.2M5.8M9.7M10.2M
Total Stockholder Equity21.9M22.6M22.7M23.2M35.0M36.8M
Property Plant And Equipment Net1.6M1.7M1.6M2.7M2.5M2.6M
Net Debt(9.6M)(10.9M)(10.9M)(3.1M)(10.1M)(9.6M)
Retained Earnings17.0M18.0M18.1M18.5M24.1M25.3M
Accounts Payable2.3M2.0M2.0M5.8M5.7M6.0M
Cash10.5M11.8M11.8M4.5M11.1M11.7M
Non Current Assets Total9.8M9.1M8.3M11.8M16.8M17.7M
Non Currrent Assets Other(1.6M)(1.8M)(1.9M)(2.9M)1.01.05
Cash And Short Term Investments10.5M11.8M11.8M4.5M11.1M11.7M
Common Stock Shares Outstanding72.7M73.3M73.6M73.4M79.9M75.0M
Liabilities And Stockholders Equity28.3M29.0M29.8M32.6M47.8M50.2M
Non Current Liabilities Total1.5M2.3M2.9M3.7M3.1M3.3M
Inventory5.1M5.5M6.4M10.1M12.0M12.6M
Other Current Assets711.1K841.9K841.2K1.4M2.5M2.6M
Total Liab6.5M6.5M7.1M9.5M12.8M13.4M
Property Plant And Equipment Gross1.6M1.7M4.9M6.8M7.3M7.6M
Total Current Assets18.6M20.0M21.5M20.8M31.0M32.6M
Accumulated Other Comprehensive Income419.4K135.7K159.6K229.0K1.4M1.5M
Intangible Assets8.0M7.2M6.6M8.8M12.7M13.3M
Net Receivables2.3M1.8M2.4M4.8M5.4M5.7M
Other Liab1.5M1.6M2.2M2.4M2.8M1.7M
Net Tangible Assets21.9M22.5M16.0M23.0M26.4M20.2M
Deferred Long Term Liab8.0M7.2M6.8M8.6M9.9M7.7M
Property Plant Equipment705.0K1.6M1.7M1.4M1.7M1.0M
Net Invested Capital21.9M22.6M23.7M23.2M35.0M25.9M
Net Working Capital13.6M15.8M17.4M15.0M21.3M16.9M

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.

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.