Centamin Non Current Assets Total vs Total Stockholder Equity Analysis

CEY Stock   146.00  4.00  2.82%   
Centamin PLC financial indicator trend analysis is way more than just evaluating Centamin PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centamin PLC is a good investment. Please check the relationship between Centamin PLC Non Current Assets Total and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centamin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centamin PLC Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Centamin PLC's Non Current Assets Total and Total Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Centamin PLC, assuming nothing else is changed. The correlation between historical values of Centamin PLC's Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Centamin PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Centamin PLC's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.
Most indicators from Centamin PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centamin PLC 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 Centamin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Centamin PLC's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit245.9M244.3M294.7M151.5M
Total Revenue733.3M788.4M891.3M935.8M

Centamin PLC fundamental ratios Correlations

0.430.581.00.250.630.580.21-0.610.420.240.480.930.760.98-0.590.960.97-0.190.570.910.28-0.780.460.820.91
0.430.90.370.890.30.070.87-0.750.660.840.930.390.750.430.020.360.490.540.090.460.86-0.120.890.260.55
0.580.90.520.820.680.090.78-0.740.590.740.970.520.820.61-0.020.510.660.440.110.580.81-0.370.870.330.63
1.00.370.520.180.60.620.15-0.60.410.180.420.930.740.97-0.640.960.95-0.250.620.920.22-0.790.410.850.9
0.250.890.820.180.28-0.130.94-0.570.430.820.930.20.610.260.220.190.350.73-0.120.260.990.010.910.040.36
0.630.30.680.60.280.130.22-0.360.190.210.560.560.530.69-0.150.580.690.050.130.560.33-0.650.40.350.52
0.580.070.090.62-0.130.13-0.24-0.260.16-0.030.020.550.240.41-0.990.630.36-0.411.00.53-0.09-0.58-0.080.940.49
0.210.870.780.150.940.22-0.24-0.620.470.890.870.220.620.250.320.110.340.81-0.220.290.910.020.86-0.040.39
-0.61-0.75-0.74-0.6-0.57-0.36-0.26-0.62-0.83-0.53-0.69-0.71-0.9-0.630.17-0.5-0.65-0.22-0.28-0.78-0.520.45-0.74-0.48-0.84
0.420.660.590.410.430.190.160.47-0.830.410.520.550.680.45-0.090.30.460.210.180.60.37-0.310.620.330.67
0.240.840.740.180.820.21-0.030.89-0.530.410.80.20.520.210.10.170.290.72-0.010.260.80.010.710.120.35
0.480.930.970.420.930.560.020.87-0.690.520.80.420.750.50.060.410.570.590.030.480.93-0.260.920.230.55
0.930.390.520.930.20.560.550.22-0.710.550.20.420.720.91-0.550.80.9-0.110.540.990.23-0.880.410.780.97
0.760.750.820.740.610.530.240.62-0.90.680.520.750.720.8-0.170.720.820.120.250.780.58-0.460.820.50.83
0.980.430.610.970.260.690.410.25-0.630.450.210.50.910.8-0.420.920.99-0.180.40.90.29-0.750.520.690.9
-0.590.02-0.02-0.640.22-0.15-0.990.320.17-0.090.10.06-0.55-0.17-0.42-0.64-0.370.46-0.98-0.520.160.60.16-0.93-0.47
0.960.360.510.960.190.580.630.11-0.50.30.170.410.80.720.92-0.640.91-0.320.630.790.22-0.660.40.830.79
0.970.490.660.950.350.690.360.34-0.650.460.290.570.90.820.99-0.370.91-0.080.360.890.38-0.720.580.660.9
-0.190.540.44-0.250.730.05-0.410.81-0.220.210.720.59-0.110.12-0.180.46-0.32-0.08-0.39-0.070.720.190.48-0.330.0
0.570.090.110.62-0.120.131.0-0.22-0.280.18-0.010.030.540.250.4-0.980.630.36-0.390.53-0.08-0.57-0.070.940.49
0.910.460.580.920.260.560.530.29-0.780.60.260.480.990.780.9-0.520.790.89-0.070.530.28-0.860.470.770.98
0.280.860.810.220.990.33-0.090.91-0.520.370.80.930.230.580.290.160.220.380.72-0.080.28-0.070.880.070.36
-0.78-0.12-0.37-0.790.01-0.65-0.580.020.45-0.310.01-0.26-0.88-0.46-0.750.6-0.66-0.720.19-0.57-0.86-0.07-0.16-0.72-0.77
0.460.890.870.410.910.4-0.080.86-0.740.620.710.920.410.820.520.160.40.580.48-0.070.470.88-0.160.160.56
0.820.260.330.850.040.350.94-0.04-0.480.330.120.230.780.50.69-0.930.830.66-0.330.940.770.07-0.720.160.74
0.910.550.630.90.360.520.490.39-0.840.670.350.550.970.830.9-0.470.790.90.00.490.980.36-0.770.560.74
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Centamin PLC Account Relationship Matchups

Centamin PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.4B1.4B1.5B1.5B899.0M
Other Current Liab39.0M40.5M44.3M57.3M66.9M70.2M
Total Current Liabilities66.2M72.2M80.6M102.9M96.3M101.2M
Total Stockholder Equity1.3B1.3B1.3B1.3B1.4B847.8M
Other Liab13.7M14.6M34.2M53.0M61.0M64.0M
Accounts Payable27.2M31.5M36.1M43.5M27.6M19.5M
Cash278.2M291.3M207.8M102.4M93.3M160.3M
Other Assets52.8M65.0M64.9M96.1M110.6M116.1M
Net Receivables34.7M12.5M29.1M29.8M44.9M47.2M
Other Current Assets23.6M14.8M11.4M19.7M22.6M23.7M
Total Liab80.8M106.4M133.7M152.1M144.6M151.9M
Common Stock672.1M668.8M669.5M671.0M673.4M500.3M
Property Plant Equipment872.9M893.6M981.5M1.1B1.3B1.3B
Property Plant And Equipment Net872.9M893.6M981.5M1.1B1.1B638.7M
Net Debt(278.2M)(291.3M)(207.2M)(96.0M)(88.2M)(92.6M)
Retained Earnings615.4M634.5M655.5M641.8M681.9M395.6M
Non Current Assets Total925.6M958.6M1.0B1.2B1.2B697.7M
Non Currrent Assets Other52.8M65.0M64.9M96.1M104.1M109.3M
Cash And Short Term Investments284.7M291.3M207.8M102.4M93.3M174.4M
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.2B1.0B
Liabilities And Stockholders Equity1.4B1.4B1.4B1.5B1.5B974.0M
Non Current Liabilities Total14.6M34.2M53.0M49.2M48.3M50.7M
Property Plant And Equipment Gross872.9M893.6M1.9B2.2B2.3B2.4B
Total Current Assets446.8M437.3M377.1M285.9M310.3M276.4M
Accumulated Other Comprehensive Income4.2M3.3M5.0M6.1M10.1M10.6M
Common Stock Total Equity668.7M670.6M672.1M668.8M769.1M616.2M
Inventory109.0M118.7M128.7M134.1M149.5M99.4M
Net Tangible Assets1.3B1.3B1.3B1.3B1.2B1.1B
Net Invested Capital1.3B1.3B1.3B1.3B1.4B1.1B
Net Working Capital380.6M365.1M296.5M183.0M213.9M257.7M
Capital Stock672.1M668.8M669.5M671.0M673.4M738.0M

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Other Information on Investing in Centamin Stock

Balance Sheet is a snapshot of the financial position of Centamin PLC at a specified time, usually calculated after every quarter, six months, or one year. Centamin PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centamin PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Centamin currently owns. An asset can also be divided into two categories, current and non-current.