Central Total Stockholder Equity vs Long Term Investments Analysis

CET Stock  USD 46.64  0.18  0.39%   
Central Securities financial indicator trend analysis is way more than just evaluating Central Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Securities is a good investment. Please check the relationship between Central Securities Total Stockholder Equity and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Securities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Central Stock please use our How to Invest in Central Securities guide.

Total Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Securities Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Central Securities' Total Stockholder Equity and Long Term Investments is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Central Securities, assuming nothing else is changed. The correlation between historical values of Central Securities' Total Stockholder Equity 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 Total Stockholder Equity of Central Securities 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 Total Stockholder Equity i.e., Central Securities' Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Investments

Long Term Investments is an item on the asset side of Central Securities balance sheet that represents investments Central Securities intends to hold for over a year. Central Securities long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Central Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Securities 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 Central Securities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Central Stock please use our How to Invest in Central Securities guide.At this time, Central Securities' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 5.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation7.2K7.4K71.4K74.9K
Net Interest Income5.6K905.9K3.9M4.1M

Central Securities fundamental ratios Correlations

-0.271.00.420.82-0.371.0-0.90.54-0.370.520.750.73-0.560.16-0.360.770.960.57-0.60.450.460.570.220.94-0.13
-0.27-0.28-0.65-0.310.65-0.290.320.030.65-0.06-0.13-0.040.370.410.65-0.14-0.12-0.370.36-0.26-0.26-0.220.06-0.34-0.2
1.0-0.280.420.82-0.371.0-0.90.54-0.370.520.750.73-0.560.15-0.360.770.960.57-0.60.450.460.570.220.94-0.13
0.42-0.650.420.53-0.990.45-0.50.25-0.990.140.14-0.01-0.6-0.37-0.990.160.270.58-0.570.450.460.47-0.010.560.28
0.82-0.310.820.53-0.460.82-0.940.59-0.460.30.480.49-0.750.28-0.450.530.740.67-0.660.710.70.760.090.90.05
-0.370.65-0.37-0.99-0.46-0.40.43-0.171.0-0.09-0.090.060.530.471.0-0.11-0.22-0.50.49-0.33-0.35-0.420.09-0.51-0.23
1.0-0.291.00.450.82-0.4-0.90.54-0.40.520.740.72-0.570.14-0.380.760.960.58-0.610.460.470.570.210.95-0.12
-0.90.32-0.9-0.5-0.940.43-0.9-0.520.43-0.44-0.66-0.660.7-0.290.41-0.7-0.86-0.720.72-0.67-0.7-0.63-0.2-0.920.09
0.540.030.540.250.59-0.170.54-0.52-0.170.350.210.3-0.490.47-0.160.320.490.5-0.50.620.510.610.430.570.32
-0.370.65-0.37-0.99-0.461.0-0.40.43-0.17-0.09-0.090.060.530.471.0-0.11-0.22-0.50.49-0.33-0.35-0.420.09-0.51-0.23
0.52-0.060.520.140.3-0.090.52-0.440.35-0.090.570.5-0.180.09-0.070.570.570.22-0.240.320.290.070.420.37-0.08
0.75-0.130.750.140.48-0.090.74-0.660.21-0.090.570.96-0.090.14-0.080.980.870.46-0.50.220.310.070.50.53-0.51
0.73-0.040.73-0.010.490.060.72-0.660.30.060.50.96-0.080.250.070.980.870.39-0.430.20.270.090.470.51-0.56
-0.560.37-0.56-0.6-0.750.53-0.570.7-0.490.53-0.18-0.09-0.08-0.280.53-0.14-0.39-0.540.52-0.72-0.68-0.570.02-0.74-0.46
0.160.410.15-0.370.280.470.14-0.290.470.470.090.140.25-0.280.470.150.20.38-0.370.590.580.20.490.20.25
-0.360.65-0.36-0.99-0.451.0-0.380.41-0.161.0-0.07-0.080.070.530.47-0.1-0.21-0.490.48-0.32-0.34-0.410.1-0.5-0.24
0.77-0.140.770.160.53-0.110.76-0.70.32-0.110.570.980.98-0.140.15-0.10.890.48-0.520.230.310.110.480.56-0.54
0.96-0.120.960.270.74-0.220.96-0.860.49-0.220.570.870.87-0.390.2-0.210.890.52-0.550.350.390.420.310.83-0.34
0.57-0.370.570.580.67-0.50.58-0.720.5-0.50.220.460.39-0.540.38-0.490.480.52-1.00.760.830.480.510.680.22
-0.60.36-0.6-0.57-0.660.49-0.610.72-0.50.49-0.24-0.5-0.430.52-0.370.48-0.52-0.55-1.0-0.74-0.81-0.47-0.54-0.69-0.19
0.45-0.260.450.450.71-0.330.46-0.670.62-0.330.320.220.2-0.720.59-0.320.230.350.76-0.740.960.60.480.590.54
0.46-0.260.460.460.7-0.350.47-0.70.51-0.350.290.310.27-0.680.58-0.340.310.390.83-0.810.960.470.510.590.43
0.57-0.220.570.470.76-0.420.57-0.630.61-0.420.070.070.09-0.570.2-0.410.110.420.48-0.470.60.470.010.710.3
0.220.060.22-0.010.090.090.21-0.20.430.090.420.50.470.020.490.10.480.310.51-0.540.480.510.010.10.14
0.94-0.340.940.560.9-0.510.95-0.920.57-0.510.370.530.51-0.740.2-0.50.560.830.68-0.690.590.590.710.10.1
-0.13-0.2-0.130.280.05-0.23-0.120.090.32-0.23-0.08-0.51-0.56-0.460.25-0.24-0.54-0.340.22-0.190.540.430.30.140.1
Click cells to compare fundamentals

Central Securities Account Relationship Matchups

Central Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets995.7M1.0B1.3B1.1B1.3B739.9M
Total Current Liabilities553.4K542.5K564.6K341.2K307.1K291.7K
Total Stockholder Equity994.6M1.0B1.3B1.1B1.3B738.7M
Net Debt299.5K(386.0K)(415.0K)2.3M2.3M2.4M
Retained Earnings611.9M642.1M897.7M672.8M845.4M887.7M
Cash660.8K970.8K612.9K641.3K895.6K850.9K
Non Current Assets Total994.5M1.0B1.3B1.1B1.3B736.8M
Non Currrent Assets Other(994.5M)(1.0B)(1.3B)(1.1B)(1.3B)(1.3B)
Other Assets125.5K116.9K123.5K223.7K122.8K116.6K
Cash And Short Term Investments660.8K970.8K612.9K641.3K895.6K850.9K
Net Receivables418.3K640.7K692.5K908.9K954.6K500.0K
Common Stock Total Equity25.1M25.6M25.9M26.2M30.2M23.5M
Common Stock Shares Outstanding25.9M26.2M27.3M27.3M28.4M24.4M
Liabilities And Stockholders Equity995.7M1.0B1.3B1.1B1.3B739.9M
Other Stockholder Equity356.8M368.0M(490.1M)(240.7M)(399.4M)(379.4M)
Total Liab960.4K584.8K197.9K3.0M3.2M3.3M
Total Current Assets1.1M1.6M1.3M1.6M1.9M1.8M
Accumulated Other Comprehensive Income465.3M0.0897.7M672.8M845.4M458.8M
Common Stock25.9M26.2M27.3M28.0M28.4M24.3M
Net Tangible Assets994.6M1.0B1.3B1.1B1.3B708.5M
Inventory67.2M29.6M17.6M88.7M83.4M87.6M
Other Current Assets(67.2M)(29.6M)(17.6M)(88.7M)(83.4M)(79.2M)
Property Plant Equipment960.4K584.8K197.9K2.7M3.1M3.3M
Short Term Investments66.1M27.9M16.3M87.1M81.5M51.6M
Long Term Investments993.5M1.0B1.3B1.1B1.3B898.1M
Non Current Liabilities Total960.4K584.8K197.9K3.0M3.2M3.3M
Capital Surpluse346.3M356.8M368.0M407.6M468.8M388.0M
Capital Stock25.9M26.2M27.3M28.0M28.4M29.6M

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