Centogene Minority Interest vs Cost Of Revenue Analysis
CNTG Stock | USD 0.10 0.02 12.92% |
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 Minority Interest and its Cost Of Revenue 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.
Minority Interest vs Cost Of Revenue
Minority Interest vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centogene B V Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Centogene's Minority Interest and Cost Of Revenue is 0.48. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue 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 Minority Interest and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Centogene B V are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Centogene's Minority Interest and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Centogene B V whose combined shares represent less than 50% of the total outstanding shares issued by Centogene have a minority interest in Centogene.Cost Of Revenue
Cost of Revenue is found on Centogene B V income statement and represents the costs associated with goods and services Centogene provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Expense | 851K | 3.6M | 8.2M | 8.6M | Depreciation And Amortization | 20.8M | 10.2M | 7.5M | 9.6M |
Centogene fundamental ratios Correlations
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Centogene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centogene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 117.5M | 150.1M | 90.7M | 92.8M | 77.2M | 95.8M | |
Short Long Term Debt Total | 27.0M | 24.1M | 22.8M | 60.1M | 80.4M | 84.4M | |
Other Current Liab | 13.1M | 20.5M | 19.6M | 10.1M | 8.6M | 10.6M | |
Total Current Liabilities | 29M | 57.1M | 39.5M | 24.7M | 43.4M | 36.5M | |
Total Stockholder Equity | 59.9M | 65.7M | 27.3M | 7.4M | (25.3M) | (24.0M) | |
Other Liab | 11.2M | 9.9M | 9.2M | 8.1M | 9.3M | 9.9M | |
Net Tangible Assets | 45.7M | 53.3M | 18.1M | 11K | 12.7K | 12.0K | |
Property Plant And Equipment Net | 33.3M | 38.7M | 27.1M | 22.2M | 19.3M | 23.4M | |
Net Debt | (9.6M) | (19.1M) | 9.4M | 28.1M | 61.3M | 64.4M | |
Retained Earnings | (40.6M) | (62.9M) | (109.3M) | (141.3M) | (177.4M) | (168.5M) | |
Accounts Payable | 8.6M | 31.7M | 11.3M | 6.3M | 5.6M | 11.0M | |
Cash | 36.6M | 43.2M | 13.4M | 32.0M | 19.1M | 21.7M | |
Non Current Assets Total | 49.4M | 53.1M | 39.2M | 33.0M | 33.2M | 32.4M | |
Non Currrent Assets Other | 1.9M | 2.0M | 3.0M | 3.4M | 3.4M | 4.9M | |
Other Assets | 0.0 | 1.9M | 2.0M | 3.0M | 3.4M | 3.6M | |
Long Term Debt | 12.9M | 1.6M | 401K | 40.1M | 39.9M | 41.9M | |
Cash And Short Term Investments | 36.6M | 43.2M | 13.4M | 32.0M | 19.1M | 21.7M | |
Net Receivables | 19.4M | 29.2M | 24.3M | 16.5M | 19.4M | 18.4M | |
Common Stock Total Equity | 262K | 322K | 2.4M | 2.7M | 3.1M | 3.2M | |
Common Stock Shares Outstanding | 16.4M | 20.9M | 22.4M | 26.8M | 28.2M | 24.0M | |
Liabilities And Stockholders Equity | 117.5M | 150.1M | 90.7M | 92.8M | 77.2M | 90.8M | |
Non Current Liabilities Total | 29.6M | 27.2M | 23.7M | 60.7M | 53.4M | 32.7M | |
Capital Lease Obligations | 21.7M | 21.2M | 19.0M | 15.4M | 14.6M | 13.5M | |
Inventory | 1.8M | 11.4M | 3.9M | 1.8M | 2.5M | 3.3M | |
Other Current Assets | 5.8M | 8.3M | 5.5M | 5.5M | 3.1M | 5.3M | |
Other Stockholder Equity | 106.5M | (851K) | 27.5M | 121.1M | 139.3M | 146.2M | |
Total Liab | 58.6M | 84.4M | 63.2M | 85.4M | 96.8M | 70.3M | |
Property Plant And Equipment Gross | 33.3M | 38.7M | 52.0M | 48.5M | 50.1M | 40.6M | |
Short Long Term Debt | 3.7M | 2.5M | 3.8M | 4.6M | 25.9M | 27.2M | |
Total Current Assets | 68.1M | 97.0M | 51.5M | 59.8M | 44.1M | 51.1M | |
Accumulated Other Comprehensive Income | 98.1M | 125.9M | 133.9M | 145.4M | 148.1K | 140.7K | |
Non Current Liabilities Other | 9.9M | 640K | 960K | 202K | 48K | 45.6K | |
Short Term Debt | 7.3M | 3.5M | 7.1M | 6.9M | 28.1M | 29.5M | |
Intangible Assets | 14.1M | 12.4M | 9.2M | 7.4M | 6.9M | 10.0M | |
Common Stock | 2.4M | 2.7M | 2.7M | 3.3M | 3.5M | 2.1M | |
Property Plant Equipment | 39.1M | 33.3M | 38.7M | 27.1M | 31.1M | 35.3M | |
Net Invested Capital | 65.1M | 68.6M | 31.1M | 52.1M | 40.5M | 52.5M | |
Net Working Capital | 39.1M | 39.9M | 12.0M | 35.2M | 653K | 620.4K |
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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find 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.