CGAU Stock | | | USD 6.24 0.02 0.32% |
Centerra Gold financial indicator trend analysis is way more than just evaluating Centerra Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centerra Gold is a good investment. Please check the relationship between Centerra Gold Net Receivables and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerra Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Centerra Stock please use our
How to Invest in Centerra Gold guide.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centerra Gold Net Receivables account and
Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Centerra Gold's Net Receivables and Total Assets is 0.34. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Centerra Gold, assuming nothing else is changed. The correlation between historical values of Centerra Gold's Net Receivables and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Centerra Gold are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Centerra Gold's Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Total Assets
Total assets refers to the total amount of Centerra Gold 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 Centerra Gold 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.
Most indicators from Centerra Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centerra Gold 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 Centerra Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Centerra Stock please use our
How to Invest in Centerra Gold guide.At this time, Centerra Gold's
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 4.4
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 4.43 in 2024.
Centerra Gold fundamental ratios Correlations
Click cells to compare fundamentals
Centerra Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centerra Gold fundamental ratios Accounts
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Additional Tools for Centerra Stock Analysis
When running Centerra Gold's price analysis, check to
measure Centerra Gold'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 Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to
predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.