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Century Global financial indicator trend analysis is way more than just evaluating Century Global Commo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Global Commo is a good investment. Please check the relationship between Century Global Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Global Commodities. 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.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Century Global Commo Cash And Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Century Global's Cash And Short Term Investments and Non Currrent Assets Other is -0.56. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Century Global Commodities, assuming nothing else is changed. The correlation between historical values of Century Global's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Century Global Commodities are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Century Global's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.56 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Century Global Commo balance sheet. This account contains Century Global investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Century Global Commodities 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.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Century Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Global Commo 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 Century Global Commodities. 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, Century Global's
Selling General Administrative is very stable compared to the past year. As of the 13th of December 2024,
Tax Provision is likely to grow to about 48.8
K, while
Issuance Of Capital Stock is likely to drop about 169.5
K.
Century Global fundamental ratios Correlations
Click cells to compare fundamentals
Century Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Global fundamental ratios Accounts
Other Information on Investing in Century Stock
Balance Sheet is a snapshot of the
financial position of Century Global Commo at a specified time, usually calculated after every quarter, six months, or one year. Century Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Century Global 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 Century currently owns. An asset can also be divided into two categories, current and non-current.