Creative Net Working Capital vs Retained Earnings Analysis
| CGTL Stock | 0.93 0.01 1.06% |
Creative Global financial indicator trend analysis is way more than just evaluating Creative Global Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Global Tech is a good investment. Please check the relationship between Creative Global Net Working Capital and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Global Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Working Capital vs Retained Earnings
Net Working Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Global Tech Net Working Capital account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Creative Global's Net Working Capital and Retained Earnings is 1.0. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Creative Global Technology, assuming nothing else is changed. The correlation between historical values of Creative Global's Net Working Capital 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 Net Working Capital of Creative Global Technology 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 Net Working Capital i.e., Creative Global's Net Working Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Working Capital
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 Creative Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Global Tech 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 Creative Global Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Creative Global's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 23.93 this year, although the value of Tax Provision will most likely fall to about 734.8 K.
| 2022 | 2024 | 2025 (projected) | Depreciation And Amortization | 6.9K | 12.1K | 6.3K | Interest Income | 10.3K | 11.8K | 12.4K |
Creative Global fundamental ratios Correlations
Click cells to compare fundamentals
Creative Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Electronic Equipment, Instruments & Components space 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 Creative Global. If investors know Creative 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 Creative Global 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 1.234 | Earnings Share 0.2 | Revenue Per Share | Quarterly Revenue Growth (0.33) | Return On Assets |
The market value of Creative Global Tech is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Global's value that differs from its market value or its book value, called intrinsic value, which is Creative Global'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 Creative Global's market value can be influenced by many factors that don't directly affect Creative Global'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 Creative Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Global'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.