Century Other Liab vs Retained Earnings Analysis

CENX Stock

USD 17.97 0.36 2.04%

Century Aluminum financial indicator trend analysis is way more than just evaluating Century Aluminum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Aluminum is a good investment. Please check the relationship between Century Aluminum Other Liab and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.

Other Liab vs Retained Earnings

Other Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Aluminum Other Liab account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Century Aluminum's Other Liab and Retained Earnings is -0.76. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Century Aluminum, assuming nothing else is changed. The correlation between historical values of Century Aluminum's Other Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Century Aluminum are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Liab i.e., Century Aluminum's Other Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Other Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Century Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Aluminum 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 Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.Selling General Administrative is likely to drop to about 6.3 M in 2024. Tax Provision is likely to rise to about (36.5 M) in 2024

	2021	2022	2023	2024 (projected)
Cost Of Revenue	2.1B	2.7B	2.1B	1.4B
EBITDA	152.5M	98.4M	106.6M	146.5M

Cost Of Revenue Ebitda

Century Aluminum fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.43	0.18	0.23	0.7	0.95	0.11	-0.58	0.38	0.64	0.95	0.58	0.64	0.17	0.85	0.83	0.15	0.25	0.85	0.58	0.54	0.58	0.81	0.82	0.59	0.51
Short Long Term Debt Total	0.43		0.44	0.72	-0.28	0.19	0.92	-0.9	0.77	-0.12	0.18	-0.03	-0.11	0.28	0.59	0.8	0.78	0.33	0.55	0.9	0.7	0.84	0.69	0.7	0.48	-0.15
Other Current Liab	0.18	0.44		0.89	-0.3	0.03	0.36	-0.39	0.84	-0.02	0.05	-0.01	0.02	0.62	-0.07	0.39	0.71	0.07	-0.11	0.59	0.77	0.41	0.07	0.09	0.22	-0.5
Total Current Liabilities	0.23	0.72	0.89		-0.4	0.01	0.67	-0.61	0.97	-0.16	0.03	-0.14	-0.13	0.56	0.09	0.52	0.89	0.35	0.05	0.77	0.79	0.61	0.22	0.25	0.28	-0.45
Total Stockholder Equity	0.7	-0.28	-0.3	-0.4		0.85	-0.54	0.01	-0.27	0.75	0.86	0.67	0.74	-0.24	0.5	0.27	-0.47	0.01	0.53	-0.17	0.02	-0.11	0.34	0.34	0.31	0.68
Property Plant And Equipment Net	0.95	0.19	0.03	0.01	0.85		-0.12	-0.42	0.16	0.7	1.0	0.65	0.69	0.01	0.79	0.68	-0.08	0.21	0.8	0.34	0.37	0.32	0.71	0.71	0.55	0.63
Net Debt	0.11	0.92	0.36	0.67	-0.54	-0.12		-0.75	0.69	-0.51	-0.13	-0.26	-0.5	0.32	0.35	0.53	0.8	0.32	0.31	0.77	0.5	0.7	0.48	0.49	0.28	-0.26
Retained Earnings	-0.58	-0.9	-0.39	-0.61	0.01	-0.42	-0.75		-0.71	-0.07	-0.41	-0.19	-0.08	-0.13	-0.75	-0.9	-0.72	-0.23	-0.74	-0.82	-0.66	-0.72	-0.83	-0.84	-0.76	-0.12
Accounts Payable	0.38	0.77	0.84	0.97	-0.27	0.16	0.69	-0.71		-0.09	0.18	0.01	-0.06	0.51	0.25	0.64	0.91	0.31	0.21	0.83	0.84	0.7	0.37	0.4	0.42	-0.28
Cash	0.64	-0.12	-0.02	-0.16	0.75	0.7	-0.51	-0.07	-0.09		0.71	0.59	1.0	-0.18	0.43	0.39	-0.34	-0.07	0.44	0.03	0.23	0.1	0.31	0.31	0.33	0.35
Non Current Assets Total	0.95	0.18	0.05	0.03	0.86	1.0	-0.13	-0.41	0.18	0.71		0.66	0.71	0.02	0.76	0.68	-0.07	0.22	0.78	0.33	0.39	0.3	0.68	0.68	0.55	0.61
Non Currrent Assets Other	0.58	-0.03	-0.01	-0.14	0.67	0.65	-0.26	-0.19	0.01	0.59	0.66		0.59	-0.12	0.48	0.41	-0.14	-0.25	0.48	0.04	0.28	0.06	0.4	0.4	0.5	0.5
Cash And Short Term Investments	0.64	-0.11	0.02	-0.13	0.74	0.69	-0.5	-0.08	-0.06	1.0	0.71	0.59		-0.18	0.41	0.4	-0.31	-0.07	0.42	0.04	0.26	0.1	0.29	0.3	0.34	0.33
Net Receivables	0.17	0.28	0.62	0.56	-0.24	0.01	0.32	-0.13	0.51	-0.18	0.02	-0.12	-0.18		-0.01	0.19	0.41	0.08	-0.05	0.51	0.38	0.48	0.11	0.12	-0.24	-0.38
Common Stock Shares Outstanding	0.85	0.59	-0.07	0.09	0.5	0.79	0.35	-0.75	0.25	0.43	0.76	0.48	0.41	-0.01		0.86	0.18	0.18	1.0	0.61	0.36	0.62	0.97	0.97	0.68	0.56
Non Current Liabilities Total	0.83	0.8	0.39	0.52	0.27	0.68	0.53	-0.9	0.64	0.39	0.68	0.41	0.4	0.19	0.86		0.52	0.18	0.84	0.83	0.74	0.76	0.9	0.91	0.76	0.25
Inventory	0.15	0.78	0.71	0.89	-0.47	-0.08	0.8	-0.72	0.91	-0.34	-0.07	-0.14	-0.31	0.41	0.18	0.52		0.18	0.15	0.74	0.66	0.66	0.33	0.35	0.44	-0.3
Other Current Assets	0.25	0.33	0.07	0.35	0.01	0.21	0.32	-0.23	0.31	-0.07	0.22	-0.25	-0.07	0.08	0.18	0.18	0.18		0.16	0.34	0.08	0.2	0.15	0.15	-0.05	0.07
Other Stockholder Equity	0.85	0.55	-0.11	0.05	0.53	0.8	0.31	-0.74	0.21	0.44	0.78	0.48	0.42	-0.05	1.0	0.84	0.15	0.16		0.57	0.33	0.58	0.97	0.96	0.69	0.6
Total Liab	0.58	0.9	0.59	0.77	-0.17	0.34	0.77	-0.82	0.83	0.03	0.33	0.04	0.04	0.51	0.61	0.83	0.74	0.34	0.57		0.73	0.92	0.72	0.73	0.46	-0.07
Property Plant And Equipment Gross	0.54	0.7	0.77	0.79	0.02	0.37	0.5	-0.66	0.84	0.23	0.39	0.28	0.26	0.38	0.36	0.74	0.66	0.08	0.33	0.73		0.65	0.44	0.46	0.48	-0.31
Total Current Assets	0.58	0.84	0.41	0.61	-0.11	0.32	0.7	-0.72	0.7	0.1	0.3	0.06	0.1	0.48	0.62	0.76	0.66	0.2	0.58	0.92	0.65		0.71	0.71	0.37	-0.04
Common Stock Total Equity	0.81	0.69	0.07	0.22	0.34	0.71	0.48	-0.83	0.37	0.31	0.68	0.4	0.29	0.11	0.97	0.9	0.33	0.15	0.97	0.72	0.44	0.71		1.0	0.72	0.46
Common Stock	0.82	0.7	0.09	0.25	0.34	0.71	0.49	-0.84	0.4	0.31	0.68	0.4	0.3	0.12	0.97	0.91	0.35	0.15	0.96	0.73	0.46	0.71	1.0		0.73	0.45
Other Liab	0.59	0.48	0.22	0.28	0.31	0.55	0.28	-0.76	0.42	0.33	0.55	0.5	0.34	-0.24	0.68	0.76	0.44	-0.05	0.69	0.46	0.48	0.37	0.72	0.73		0.44
Other Assets	0.51	-0.15	-0.5	-0.45	0.68	0.63	-0.26	-0.12	-0.28	0.35	0.61	0.5	0.33	-0.38	0.56	0.25	-0.3	0.07	0.6	-0.07	-0.31	-0.04	0.46	0.45	0.44

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Century Aluminum Account Relationship Matchups

Century Aluminum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.4B	1.6B	1.5B	1.8B	1.6B
Short Long Term Debt Total	319.8M	340.2M	474.1M	548.6M	503.4M	380.1M
Other Current Liab	108.8M	106.4M	102.1M	97.3M	281.7M	295.8M
Total Current Liabilities	233.7M	240.3M	547.4M	410.7M	763M	801.2M
Total Stockholder Equity	675M	546.1M	421M	399.3M	355.6M	622.8M
Property Plant And Equipment Net	949.2M	880.4M	892.5M	744.4M	1.0B	947.5M
Net Debt	280.9M	258.6M	445.1M	494.3M	413.1M	257.9M
Retained Earnings	(1.7B)	(1.8B)	(1.9B)	(2.0B)	(2.0B)	(1.9B)
Accounts Payable	97.1M	106.1M	186.5M	167.3M	249.5M	262.0M
Non Current Assets Total	1.0B	943.6M	951.7M	794.2M	1.1B	1.1B
Non Currrent Assets Other	62.7M	63.2M	12.1M	49.8M	50.5M	63.8M
Net Receivables	100.2M	61.3M	88.9M	71.7M	169.4M	97.2M
Common Stock Shares Outstanding	88.8M	89.5M	90.2M	91.4M	92.4M	65.7M
Liabilities And Stockholders Equity	1.5B	1.4B	1.6B	1.5B	1.8B	1.6B
Non Current Liabilities Total	591M	613.2M	601.5M	662M	739.4M	637.5M
Inventory	320.6M	291.1M	425.6M	398.8M	477M	500.9M
Other Current Assets	27.6M	22M	74.7M	24.5M	30.4M	36.0M
Other Stockholder Equity	2.4B	2.4B	2.4B	2.5B	2.5B	1.7B
Total Liab	824.7M	853.5M	1.1B	1.1B	1.5B	936.7M
Property Plant And Equipment Gross	949.2M	880.4M	892.5M	1.9B	2.2B	2.3B
Total Current Assets	487.3M	456M	618.2M	677.8M	767.1M	479.0M
Accumulated Other Comprehensive Income	(109.8M)	(118.8M)	(82.3M)	(94M)	(97.9M)	(102.8M)
Other Liab	299M	300.8M	248.8M	259.5M	298.4M	335.0M
Property Plant Equipment	949.2M	880.4M	892.5M	765.3M	880.1M	1.1B
Long Term Debt	249.2M	243.1M	329.8M	381.6M	430.9M	243.9M
Net Tangible Assets	675M	546.1M	421M	399.3M	359.4M	634.8M
Retained Earnings Total Equity	(1.6B)	(1.7B)	(1.8B)	(1.9B)	(1.8B)	(1.8B)
Long Term Debt Total	248.6M	249.2M	243.1M	329.8M	379.3M	280.7M
Capital Surpluse	2.5B	2.5B	2.5B	2.5B	2.9B	2.8B
Deferred Long Term Liab	104.3M	95.1M	89.2M	58.7M	52.8M	78.4M

Pair Trading with Century Aluminum

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 Aluminum 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 Aluminum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Century Stock

0.97	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.92	AG	First Majestic Silver Financial Report 2nd of May 2024	Pair Corr
0.81	AU	AngloGold Ashanti plc Financial Report 28th of June 2024	Pair Corr

Moving against Century Stock

0.78	X	United States Steel Earnings Call This Week	Pair Corr
0.73	NC	NACCO Industries	Pair Corr
0.69	VALE	Vale SA ADR	Pair Corr

The ability to find closely correlated positions to Century Aluminum 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 Aluminum 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 Aluminum - 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 Aluminum to buy it.

The correlation of Century Aluminum 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 Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Aluminum 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 Aluminum 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

When determining whether Century Aluminum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Century Aluminum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Century Aluminum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Century Aluminum Stock:

How To Invest In Century

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Is Century Stock a good investment?

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What is Century Aluminum's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Century Stock analysis

When running Century Aluminum's price analysis, check to measure Century Aluminum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Century Aluminum is operating at the current time. Most of Century Aluminum's value examination focuses on studying past and present price action to predict the probability of Century Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Aluminum's price. Additionally, you may evaluate how the addition of Century Aluminum to your portfolios can decrease your overall portfolio volatility.

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Is Century Aluminum's industry 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 Century Aluminum. If investors know Century 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 Century Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.80)

Earnings Share

(0.47)

Revenue Per Share

23.652

Quarterly Revenue Growth

(0.03)

Return On Assets

0.012

The market value of Century Aluminum is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Century Aluminum'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 Century Aluminum's market value can be influenced by many factors that don't directly affect Century Aluminum'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 Century Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Aluminum'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.

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Century Other Liab vs Retained Earnings Analysis

Other Liab vs Retained Earnings

Other Liab vs Retained Earnings Correlation Analysis

Correlation Coefficient

Other Liab

Retained Earnings

Century Aluminum fundamental ratios Correlations

Century Aluminum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Century Aluminum fundamental ratios Accounts

Pair Trading with Century Aluminum

Moving together with Century Stock

Moving against Century Stock

Complementary Tools for Century Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.97	Total Current Liabilities
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding

Non Current Liabilities Total	- 0.9	Retained Earnings
Retained Earnings	- 0.9	Short Long Term Debt Total
Common Stock	- 0.84	Retained Earnings
Common Stock Total Equity	- 0.83	Retained Earnings
Total Liab	- 0.82	Retained Earnings
Other Liab	- 0.76	Retained Earnings