Century Net Debt vs Long Term Investments Analysis

CNT Stock

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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 Net Debt and its Long Term Investments 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.

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Global Commo Net Debt account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Century Global's Net Debt and Long Term Investments is -0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Investments 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 Net Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Century Global Commodities are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., Century Global's Net Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Investments

Long Term Investments is an item on the asset side of Century Global balance sheet that represents investments Century Global Commo intends to hold for over a year. Century Global Commodities long term investments may include different instruments such as stocks, bonds, real estate and cash.

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 12th 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.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2M	3.2M	2.7M	3.9M
Total Revenue	8.7M	11.3M	12.8M	9.0M

Gross Profit Total Revenue

Century Global fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Property Plant And Equipment Gross	Inventory	Common Stock	Net Tangible Assets	Short Term Investments	Long Term Investments
Total Assets		0.99	-0.77	0.76	0.77	0.84	0.73	0.3	0.28	0.34	0.44	0.88	-0.46	0.4	0.88	0.57	0.54	-0.79	0.75	0.12	0.55	-0.66	-0.15	0.74	-0.32	0.75
Total Stockholder Equity	0.99		-0.75	0.79	0.75	0.87	0.71	0.3	0.3	0.29	0.39	0.88	-0.47	0.36	0.85	0.55	0.53	-0.8	0.79	0.11	0.53	-0.67	-0.26	0.76	-0.3	0.76
Net Debt	-0.77	-0.75		-0.6	-1.0	-0.4	-0.98	-0.17	-0.07	-0.81	-0.8	-0.93	0.49	-0.29	-0.72	-0.59	-0.57	0.66	-0.31	-0.47	-0.58	0.64	0.27	-0.68	0.26	-0.67
Retained Earnings	0.76	0.79	-0.6		0.6	0.73	0.52	-0.35	0.12	0.23	0.22	0.62	-0.72	0.01	0.67	0.87	0.86	-0.98	0.68	0.55	0.85	-0.95	-0.37	0.99	-0.44	0.99
Cash	0.77	0.75	-1.0	0.6		0.39	0.98	0.18	0.07	0.81	0.8	0.93	-0.48	0.29	0.72	0.59	0.57	-0.66	0.3	0.47	0.58	-0.64	-0.27	0.67	-0.26	0.67
Other Assets	0.84	0.87	-0.4	0.73	0.39		0.32	0.2	0.38	-0.17	-0.04	0.55	-0.33	0.23	0.66	0.39	0.35	-0.74	0.82	-0.14	0.38	-0.52	-0.17	0.65	-0.3	0.67
Cash And Short Term Investments	0.73	0.71	-0.98	0.52	0.98	0.32		0.25	0.01	0.82	0.79	0.94	-0.47	0.26	0.66	0.51	0.49	-0.56	0.27	0.42	0.49	-0.56	-0.27	0.59	-0.1	0.59
Common Stock Shares Outstanding	0.3	0.3	-0.17	-0.35	0.18	0.2	0.25		0.2	0.02	0.18	0.36	0.35	0.47	0.23	-0.53	-0.56	0.3	0.2	-0.71	-0.52	0.46	0.12	-0.38	0.25	-0.37
Other Current Assets	0.28	0.3	-0.07	0.12	0.07	0.38	0.01	0.2		-0.1	0.05	0.18	0.4	0.32	0.16	-0.13	0.02	-0.06	0.36	-0.21	-0.16	-0.04	-0.17	0.08	-0.26	0.12
Other Stockholder Equity	0.34	0.29	-0.81	0.23	0.81	-0.17	0.82	0.02	-0.1		0.94	0.63	-0.31	0.28	0.44	0.47	0.49	-0.28	-0.17	0.64	0.47	-0.42	-0.16	0.35	-0.19	0.34
Total Liab	0.44	0.39	-0.8	0.22	0.8	-0.04	0.79	0.18	0.05	0.94		0.66	-0.15	0.59	0.63	0.46	0.48	-0.29	-0.1	0.49	0.47	-0.39	-0.18	0.32	-0.35	0.32
Total Current Assets	0.88	0.88	-0.93	0.62	0.93	0.55	0.94	0.36	0.18	0.63	0.66		-0.47	0.3	0.76	0.48	0.48	-0.64	0.57	0.26	0.46	-0.6	-0.3	0.65	-0.13	0.65
Other Current Liab	-0.46	-0.47	0.49	-0.72	-0.48	-0.33	-0.47	0.35	0.4	-0.31	-0.15	-0.47		0.34	-0.35	-0.73	-0.65	0.71	-0.43	-0.62	-0.73	0.76	0.26	-0.75	-0.05	-0.7
Total Current Liabilities	0.4	0.36	-0.29	0.01	0.29	0.23	0.26	0.47	0.32	0.28	0.59	0.3	0.34		0.69	0.12	0.13	-0.07	0.05	-0.18	0.14	-0.03	0.04	0.0	-0.5	0.02
Accounts Payable	0.88	0.85	-0.72	0.67	0.72	0.66	0.66	0.23	0.16	0.44	0.63	0.76	-0.35	0.69		0.65	0.62	-0.72	0.52	0.21	0.65	-0.64	-0.15	0.66	-0.52	0.66
Property Plant And Equipment Net	0.57	0.55	-0.59	0.87	0.59	0.39	0.51	-0.53	-0.13	0.47	0.46	0.48	-0.73	0.12	0.65		0.97	-0.88	0.33	0.81	1.0	-0.96	-0.3	0.9	-0.53	0.89
Non Current Assets Total	0.54	0.53	-0.57	0.86	0.57	0.35	0.49	-0.56	0.02	0.49	0.48	0.48	-0.65	0.13	0.62	0.97		-0.84	0.34	0.83	0.97	-0.96	-0.32	0.89	-0.58	0.89
Non Currrent Assets Other	-0.79	-0.8	0.66	-0.98	-0.66	-0.74	-0.56	0.3	-0.06	-0.28	-0.29	-0.64	0.71	-0.07	-0.72	-0.88	-0.84		-0.6	-0.53	-0.86	0.93	0.33	-0.98	0.5	-0.98
Net Receivables	0.75	0.79	-0.31	0.68	0.3	0.82	0.27	0.2	0.36	-0.17	-0.1	0.57	-0.43	0.05	0.52	0.33	0.34	-0.6		-0.08	0.3	-0.52	-0.28	0.59	-0.11	0.58
Non Current Liabilities Total	0.12	0.11	-0.47	0.55	0.47	-0.14	0.42	-0.71	-0.21	0.64	0.49	0.26	-0.62	-0.18	0.21	0.81	0.83	-0.53	-0.08		0.8	-0.76	-0.35	0.65	-0.32	0.62
Property Plant And Equipment Gross	0.55	0.53	-0.58	0.85	0.58	0.38	0.49	-0.52	-0.16	0.47	0.47	0.46	-0.73	0.14	0.65	1.0	0.97	-0.86	0.3	0.8		-0.94	-0.3	0.88	-0.53	0.87
Inventory	-0.66	-0.67	0.64	-0.95	-0.64	-0.52	-0.56	0.46	-0.04	-0.42	-0.39	-0.6	0.76	-0.03	-0.64	-0.96	-0.96	0.93	-0.52	-0.76	-0.94		0.42	-0.97	0.45	-0.96
Common Stock	-0.15	-0.26	0.27	-0.37	-0.27	-0.17	-0.27	0.12	-0.17	-0.16	-0.18	-0.3	0.26	0.04	-0.15	-0.3	-0.32	0.33	-0.28	-0.35	-0.3	0.42		-0.41	0.07	-0.39
Net Tangible Assets	0.74	0.76	-0.68	0.99	0.67	0.65	0.59	-0.38	0.08	0.35	0.32	0.65	-0.75	0.0	0.66	0.9	0.89	-0.98	0.59	0.65	0.88	-0.97	-0.41		-0.43	0.99
Short Term Investments	-0.32	-0.3	0.26	-0.44	-0.26	-0.3	-0.1	0.25	-0.26	-0.19	-0.35	-0.13	-0.05	-0.5	-0.52	-0.53	-0.58	0.5	-0.11	-0.32	-0.53	0.45	0.07	-0.43		-0.48
Long Term Investments	0.75	0.76	-0.67	0.99	0.67	0.67	0.59	-0.37	0.12	0.34	0.32	0.65	-0.7	0.02	0.66	0.89	0.89	-0.98	0.58	0.62	0.87	-0.96	-0.39	0.99	-0.48

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Century Global Account Relationship Matchups

Century Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.8M	25.4M	24.3M	23.0M	22.2M	43.8M
Total Stockholder Equity	23.4M	22.6M	20.9M	18.9M	17.3M	16.4M
Net Debt	(2.2M)	(5.4M)	(3.8M)	(2.0M)	(2.4M)	(2.5M)
Retained Earnings	(97.7M)	(99.0M)	(101.6M)	(103.4M)	(105.2M)	(99.9M)
Cash	2.6M	5.5M	4.2M	2.2M	2.6M	2.4M
Other Assets	7.7M	1.0M	992.0K	913.6K	1.0	0.95
Cash And Short Term Investments	3.9M	13.2M	10.3M	6.5M	5.0M	4.7M
Common Stock Shares Outstanding	113.2M	113.2M	98.5M	113.2M	112.6M	98.1M
Liabilities And Stockholders Equity	27.8M	25.4M	24.3M	23.0M	22.2M	43.8M
Other Current Assets	3.2M	220.6K	302.2K	193.4K	227.3K	215.9K
Other Stockholder Equity	4.9M	3.1M	6.5M	4.3M	5.4M	8.6M
Total Liab	3.8M	2.6M	2.6M	3.3M	4.1M	2.4M
Total Current Assets	12.2M	17.0M	13.8M	11.6M	10.1M	9.6M
Other Current Liab	2.8M	1.3M	1.7M	956.5K	1.9M	1.3M
Total Current Liabilities	3.7M	2.6M	2.5M	3.2M	4.0M	2.6M
Accounts Payable	622.3K	305.0K	562.8K	1.3M	1.8M	935.6K
Property Plant And Equipment Net	488.7K	7.2M	9.5M	10.5M	11.2M	12.0M
Non Current Assets Total	15.6M	8.3M	10.5M	11.4M	12.1M	14.6M
Non Currrent Assets Other	7.6M	951.1K	944.6K	913.6K	840.3K	882.3K
Net Receivables	3.1M	1.9M	1.9M	2.3M	2.1M	2.0M
Non Current Liabilities Total	154.9K	9.0K	171.2K	64.7K	85.8K	81.5K
Property Plant And Equipment Gross	488.7K	9.6M	11.9M	12.9M	13.4M	12.5M
Accumulated Other Comprehensive Income	(882.4K)	(618.3K)	(1.0M)	(1.4M)	773.9K	812.6K
Inventory	2.0M	1.6M	1.3M	2.5M	2.8M	2.9M
Net Tangible Assets	23.4M	22.6M	20.9M	18.9M	17.0M	16.2M
Short Term Investments	1.3M	7.7M	6.1M	4.3M	2.4M	4.2M
Long Term Investments	7.5M	75.3K	62.2K	67.4K	67.4K	64.1K
Property Plant Equipment	488.7K	7.2M	9.5M	10.5M	9.4M	7.1M
Long Term Debt Total	154.9K	9.0K	171.3K	64.7K	74.4K	48.9K
Capital Surpluse	3.1M	3.3M	3.1M	4.3M	5.0M	3.7M
Short Term Debt	260.7K	143.7K	207.9K	109.5K	116.9K	111.0K
Net Invested Capital	23.4M	22.6M	20.9M	18.9M	17.3M	18.9M
Net Working Capital	8.6M	14.5M	11.3M	8.4M	6.1M	10.4M

Pair Trading with Century Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Century Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Century Global will appreciate offsetting losses from the drop in the long position's value.

Moving against Century Stock

0.46	TSLA	Tesla Inc CDR	Pair Corr
0.35	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Century Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Century Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Century Global Commodities to buy it.

The correlation of Century Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Century Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Global Commo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Century Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

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Century Net Debt vs Long Term Investments Analysis

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Long Term Investments

Century Global fundamental ratios Correlations

Century Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Century Global fundamental ratios Accounts

Pair Trading with Century Global

Moving against Century Stock

Other Information on Investing in Century Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Retained Earnings
Long Term Investments	+ 0.99	Retained Earnings
Long Term Investments	+ 0.99	Net Tangible Assets
Cash And Short Term Investments	+ 0.98	Cash

Cash	- 1.0	Net Debt
Long Term Investments	- 0.98	Non Currrent Assets Other
Net Tangible Assets	- 0.98	Non Currrent Assets Other
Non Currrent Assets Other	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Net Tangible Assets	- 0.97	Inventory