Centogene Common Stock Shares Outstanding vs Net Debt Analysis

CNTG Stock  USD 0.10  0.02  16.67%   
Centogene financial indicator trend analysis is way more than just evaluating Centogene B V prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centogene B V is a good investment. Please check the relationship between Centogene Common Stock Shares Outstanding and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centogene B V. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Common Stock Shares Outstanding vs Net Debt

Common Stock Shares Outstanding vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centogene B V Common Stock Shares Outstanding account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centogene's Common Stock Shares Outstanding and Net Debt is 0.79. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt in the same time period over historical financial statements of Centogene B V, assuming nothing else is changed. The correlation between historical values of Centogene's Common Stock Shares Outstanding and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Centogene B V are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Centogene's Common Stock Shares Outstanding and Net Debt go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.
Most indicators from Centogene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centogene B V 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 Centogene B V. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Centogene's Tax Provision is most likely to increase significantly in the upcoming years. The Centogene's current Enterprise Value is estimated to increase to about 173.6 M, while Discontinued Operations is projected to decrease to roughly 4.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense851K3.6M8.2M8.6M
Depreciation And Amortization20.8M10.2M7.5M9.6M

Centogene fundamental ratios Correlations

0.53-0.140.770.60.720.840.670.12-0.580.740.960.830.630.540.370.960.950.230.840.690.830.950.480.8-0.26
0.53-0.590.46-0.340.590.040.00.89-0.950.10.570.190.480.840.840.570.590.80.640.860.290.370.920.830.54
-0.14-0.590.090.25-0.670.07-0.18-0.650.40.32-0.16-0.22-0.44-0.23-0.37-0.16-0.09-0.38-0.15-0.550.180.08-0.65-0.34-0.42
0.770.460.090.310.430.610.370.18-0.580.840.690.540.320.590.350.690.860.380.680.470.920.70.230.750.05
0.6-0.340.250.310.320.90.78-0.680.260.60.530.790.3-0.22-0.380.530.46-0.520.340.030.540.66-0.250.1-0.82
0.720.59-0.670.430.320.580.760.42-0.520.260.610.820.880.320.430.610.680.250.620.70.420.590.620.630.0
0.840.040.070.610.90.580.84-0.35-0.080.730.760.920.490.09-0.120.760.73-0.270.590.30.740.820.070.42-0.54
0.670.0-0.180.370.780.760.84-0.230.030.520.510.950.74-0.19-0.120.510.54-0.280.390.250.550.680.040.27-0.5
0.120.89-0.650.18-0.680.42-0.35-0.23-0.81-0.250.13-0.120.350.670.820.130.240.790.320.62-0.07-0.040.80.550.77
-0.58-0.950.4-0.580.26-0.52-0.080.03-0.81-0.2-0.6-0.19-0.45-0.93-0.93-0.6-0.71-0.85-0.75-0.86-0.39-0.46-0.83-0.89-0.4
0.740.10.320.840.60.260.730.52-0.25-0.20.660.580.180.25-0.030.660.70.010.420.180.970.78-0.120.47-0.29
0.960.57-0.160.690.530.610.760.510.13-0.60.660.710.50.590.371.00.880.290.840.750.750.890.560.83-0.24
0.830.19-0.220.540.790.820.920.95-0.12-0.190.580.710.760.070.050.710.74-0.120.630.460.660.790.230.5-0.45
0.630.48-0.440.320.30.880.490.740.35-0.450.180.50.760.170.460.50.620.250.640.660.350.60.530.56-0.17
0.540.84-0.230.59-0.220.320.09-0.190.67-0.930.250.590.070.170.840.590.670.740.680.720.40.420.720.80.38
0.370.84-0.370.35-0.380.43-0.12-0.120.82-0.93-0.030.370.050.460.840.370.560.850.630.770.170.310.750.720.35
0.960.57-0.160.690.530.610.760.510.13-0.60.661.00.710.50.590.370.880.290.840.750.750.890.560.83-0.24
0.950.59-0.090.860.460.680.730.540.24-0.710.70.880.740.620.670.560.880.40.910.730.830.890.490.87-0.17
0.230.8-0.380.38-0.520.25-0.27-0.280.79-0.850.010.29-0.120.250.740.850.290.40.520.740.20.130.620.740.46
0.840.64-0.150.680.340.620.590.390.32-0.750.420.840.630.640.680.630.840.910.520.860.60.760.630.91-0.18
0.690.86-0.550.470.030.70.30.250.62-0.860.180.750.460.660.720.770.750.730.740.860.390.570.850.930.08
0.830.290.180.920.540.420.740.55-0.07-0.390.970.750.660.350.40.170.750.830.20.60.390.840.060.65-0.23
0.950.370.080.70.660.590.820.68-0.04-0.460.780.890.790.60.420.310.890.890.130.760.570.840.320.68-0.43
0.480.92-0.650.23-0.250.620.070.040.8-0.83-0.120.560.230.530.720.750.560.490.620.630.850.060.320.720.42
0.80.83-0.340.750.10.630.420.270.55-0.890.470.830.50.560.80.720.830.870.740.910.930.650.680.720.11
-0.260.54-0.420.05-0.820.0-0.54-0.50.77-0.4-0.29-0.24-0.45-0.170.380.35-0.24-0.170.46-0.180.08-0.23-0.430.420.11
Click cells to compare fundamentals

Centogene Account Relationship Matchups

Centogene fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.5M150.1M90.7M92.8M77.2M95.8M
Short Long Term Debt Total27.0M24.1M22.8M60.1M80.4M84.4M
Other Current Liab13.1M20.5M19.6M10.1M8.6M10.6M
Total Current Liabilities29M57.1M39.5M24.7M43.4M36.5M
Total Stockholder Equity59.9M65.7M27.3M7.4M(25.3M)(24.0M)
Other Liab11.2M9.9M9.2M8.1M9.3M9.9M
Net Tangible Assets45.7M53.3M18.1M11K12.7K12.0K
Property Plant And Equipment Net33.3M38.7M27.1M22.2M19.3M23.4M
Net Debt(9.6M)(19.1M)9.4M28.1M61.3M64.4M
Retained Earnings(40.6M)(62.9M)(109.3M)(141.3M)(177.4M)(168.5M)
Accounts Payable8.6M31.7M11.3M6.3M5.6M11.0M
Cash36.6M43.2M13.4M32.0M19.1M21.7M
Non Current Assets Total49.4M53.1M39.2M33.0M33.2M32.4M
Non Currrent Assets Other1.9M2.0M3.0M3.4M3.4M4.9M
Other Assets0.01.9M2.0M3.0M3.4M3.6M
Long Term Debt12.9M1.6M401K40.1M39.9M41.9M
Cash And Short Term Investments36.6M43.2M13.4M32.0M19.1M21.7M
Net Receivables19.4M29.2M24.3M16.5M19.4M18.4M
Common Stock Total Equity262K322K2.4M2.7M3.1M3.2M
Common Stock Shares Outstanding16.4M20.9M22.4M26.8M28.2M24.0M
Liabilities And Stockholders Equity117.5M150.1M90.7M92.8M77.2M90.8M
Non Current Liabilities Total29.6M27.2M23.7M60.7M53.4M32.7M
Capital Lease Obligations21.7M21.2M19.0M15.4M14.6M13.5M
Inventory1.8M11.4M3.9M1.8M2.5M3.3M
Other Current Assets5.8M8.3M5.5M5.5M3.1M5.3M
Other Stockholder Equity106.5M(851K)27.5M121.1M139.3M146.2M
Total Liab58.6M84.4M63.2M85.4M96.8M70.3M
Property Plant And Equipment Gross33.3M38.7M52.0M48.5M50.1M40.6M
Short Long Term Debt3.7M2.5M3.8M4.6M25.9M27.2M
Total Current Assets68.1M97.0M51.5M59.8M44.1M51.1M
Accumulated Other Comprehensive Income98.1M125.9M133.9M145.4M148.1K140.7K
Non Current Liabilities Other9.9M640K960K202K48K45.6K
Short Term Debt7.3M3.5M7.1M6.9M28.1M29.5M
Intangible Assets14.1M12.4M9.2M7.4M6.9M10.0M
Common Stock2.4M2.7M2.7M3.3M3.5M2.1M
Property Plant Equipment39.1M33.3M38.7M27.1M31.1M35.3M
Net Invested Capital65.1M68.6M31.1M52.1M40.5M52.5M
Net Working Capital39.1M39.9M12.0M35.2M653K620.4K

Currently Active Assets on Macroaxis

When determining whether Centogene B V is a strong investment it is important to analyze Centogene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centogene's future performance. For an informed investment choice regarding Centogene Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centogene B V. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centogene. If investors know Centogene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.39)
Revenue Per Share
1.723
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.27)
Return On Equity
(13.75)
The market value of Centogene B V is measured differently than its book value, which is the value of Centogene that is recorded on the company's balance sheet. Investors also form their own opinion of Centogene's value that differs from its market value or its book value, called intrinsic value, which is Centogene's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centogene's market value can be influenced by many factors that don't directly affect Centogene's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centogene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.