Codere Total Assets vs Common Stock Shares Outstanding Analysis

CDROW Stock  USD 1.04  0.02  1.89%   
Codere Online financial indicator trend analysis is way more than just evaluating Codere Online Luxembourg prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Codere Online Luxembourg is a good investment. Please check the relationship between Codere Online Total Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Codere Online Luxembourg Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Codere Online's Total Assets and Common Stock Shares Outstanding is -0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Codere Online Luxembourg, assuming nothing else is changed. The correlation between historical values of Codere Online's Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Codere Online Luxembourg are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Codere Online's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Codere Online assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Codere Online Luxembourg books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Codere Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codere Online Luxembourg 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 Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Tax Provision is likely to climb to about 3.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 40.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense561K12.6M14.5M15.3M
Depreciation And Amortization721K556K500.4K667.0K

Codere Online fundamental ratios Correlations

-0.860.82-0.450.960.550.68-0.930.790.96-0.74-0.850.96-0.61-0.820.58-0.770.10.85-0.740.93-0.811.00.97-0.81-0.73
-0.86-0.850.67-0.93-0.82-0.850.96-0.8-0.90.810.95-0.890.830.67-0.720.93-0.1-0.970.9-0.690.98-0.86-0.90.980.87
0.82-0.85-0.320.770.810.73-0.870.980.89-0.93-0.730.88-0.83-0.460.94-0.69-0.270.92-0.60.55-0.890.830.77-0.89-0.94
-0.450.67-0.32-0.63-0.34-0.70.64-0.17-0.560.470.61-0.570.670.69-0.170.56-0.24-0.560.83-0.470.67-0.45-0.620.670.47
0.96-0.930.77-0.630.620.74-0.970.720.94-0.73-0.930.94-0.67-0.860.53-0.870.190.9-0.860.91-0.880.960.99-0.88-0.75
0.55-0.820.81-0.340.620.61-0.690.830.6-0.7-0.770.58-0.71-0.20.86-0.81-0.10.88-0.60.27-0.820.560.56-0.82-0.84
0.68-0.850.73-0.70.740.61-0.80.640.79-0.69-0.780.77-0.79-0.490.66-0.760.240.76-0.90.5-0.850.680.71-0.85-0.7
-0.930.96-0.870.64-0.97-0.69-0.8-0.8-0.980.870.89-0.980.830.79-0.680.830.01-0.950.84-0.810.96-0.94-0.970.960.88
0.79-0.80.98-0.170.720.830.64-0.80.82-0.85-0.710.8-0.72-0.360.94-0.69-0.240.88-0.520.51-0.820.80.71-0.82-0.89
0.96-0.90.89-0.560.940.60.79-0.980.82-0.88-0.821.0-0.79-0.80.68-0.74-0.040.9-0.770.84-0.910.970.96-0.91-0.85
-0.740.81-0.930.47-0.73-0.7-0.690.87-0.85-0.880.61-0.880.940.54-0.850.550.45-0.870.57-0.510.9-0.76-0.760.90.97
-0.850.95-0.730.61-0.93-0.77-0.780.89-0.71-0.820.61-0.80.630.65-0.570.99-0.36-0.90.91-0.740.87-0.84-0.870.870.71
0.96-0.890.88-0.570.940.580.77-0.980.81.0-0.88-0.8-0.79-0.810.66-0.72-0.070.89-0.760.84-0.90.960.96-0.9-0.84
-0.610.83-0.830.67-0.67-0.71-0.790.83-0.72-0.790.940.63-0.790.49-0.790.580.34-0.840.68-0.380.92-0.63-0.690.920.94
-0.820.67-0.460.69-0.86-0.2-0.490.79-0.36-0.80.540.65-0.810.49-0.130.55-0.15-0.620.69-0.920.64-0.81-0.90.640.48
0.58-0.720.94-0.170.530.860.66-0.680.940.68-0.85-0.570.66-0.79-0.13-0.57-0.370.8-0.440.23-0.790.590.51-0.79-0.9
-0.770.93-0.690.56-0.87-0.81-0.760.83-0.69-0.740.550.99-0.720.580.55-0.57-0.4-0.870.89-0.650.83-0.77-0.790.830.67
0.1-0.1-0.27-0.240.19-0.10.240.01-0.24-0.040.45-0.36-0.070.34-0.15-0.37-0.4-0.07-0.440.260.080.080.10.080.38
0.85-0.970.92-0.560.90.880.76-0.950.880.9-0.87-0.90.89-0.84-0.620.8-0.87-0.07-0.790.65-0.970.860.88-0.97-0.94
-0.740.9-0.60.83-0.86-0.6-0.90.84-0.52-0.770.570.91-0.760.680.69-0.440.89-0.44-0.79-0.670.84-0.74-0.820.840.61
0.93-0.690.55-0.470.910.270.5-0.810.510.84-0.51-0.740.84-0.38-0.920.23-0.650.260.65-0.67-0.620.920.92-0.62-0.47
-0.810.98-0.890.67-0.88-0.82-0.850.96-0.82-0.910.90.87-0.90.920.64-0.790.830.08-0.970.84-0.62-0.82-0.871.00.94
1.0-0.860.83-0.450.960.560.68-0.940.80.97-0.76-0.840.96-0.63-0.810.59-0.770.080.86-0.740.92-0.820.97-0.82-0.74
0.97-0.90.77-0.620.990.560.71-0.970.710.96-0.76-0.870.96-0.69-0.90.51-0.790.10.88-0.820.92-0.870.97-0.87-0.75
-0.810.98-0.890.67-0.88-0.82-0.850.96-0.82-0.910.90.87-0.90.920.64-0.790.830.08-0.970.84-0.621.0-0.82-0.870.94
-0.730.87-0.940.47-0.75-0.84-0.70.88-0.89-0.850.970.71-0.840.940.48-0.90.670.38-0.940.61-0.470.94-0.74-0.750.94
Click cells to compare fundamentals

Codere Online Account Relationship Matchups

Codere Online fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.2M18.5M105.3M69.3M79.7M60.2M
Short Long Term Debt Total51.7M39.2M3.0M5.0M4.5M4.2M
Other Current Liab5.4M4.7M8.0M9.0M10.3M6.5M
Total Current Liabilities54.1M37.0M31.6M42.8M38.5M33.2M
Total Stockholder Equity(31.4M)(40.0M)68.0M24.4M28.1M29.5M
Property Plant And Equipment Net92K116K133K971K1.1M1.2M
Net Debt43.7M28.3M(91.9M)(48.9M)(44.0M)(41.8M)
Accounts Payable18.5M13.0M19.7M23.8M27.4M19.1M
Cash8.0M10.9M94.9M53.8M61.9M37.5M
Non Current Assets Total2.1M1.2M606K983K884.7K1.3M
Cash And Short Term Investments12.4M15.7M98.8M53.8M61.9M40.9M
Net Receivables29.5M835K3.3M4.2M3.8M3.6M
Short Term Investments4.4M4.8M3.9M6.8M7.8M4.9M
Liabilities And Stockholders Equity44.2M18.5M105.3M69.3M79.7M60.2M
Other Current Assets231K254K739K677K778.6K596.0K
Other Stockholder Equity(13.8M)(7.1M)106.9M106.9M123.0M129.1M
Total Liab75.6M58.5M37.1M44.8M40.3M43.4M
Net Invested Capital20.2M(799K)71.0M29.4M33.8M30.8M
Short Long Term Debt30.2M17.8M3.0M4.2M3.8M3.6M
Total Current Assets42.1M17.3M104.7M68.3M78.6M58.4M
Net Working Capital(12.0M)(19.7M)73.1M25.6M29.4M30.9M
Short Term Debt30.2M17.8M3.0M4.2M3.8M3.6M
Intangible Assets2.0M1.1M469K10K9K8.6K

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