CNX Total Stockholder Equity vs Short Term Investments Analysis

CNX Stock  USD 33.94  0.09  0.26%   
CNX Resources financial indicator trend analysis is way more than just evaluating CNX Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNX Resources Corp is a good investment. Please check the relationship between CNX Resources Total Stockholder Equity and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNX Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNX Resources Corp Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CNX Resources' Total Stockholder Equity and Short Term Investments is -0.2. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of CNX Resources Corp, assuming nothing else is changed. The correlation between historical values of CNX Resources' Total Stockholder Equity and Short 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 CNX Resources Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., CNX Resources' Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Short Term Investments

Short Term Investments is an item under the current assets section of CNX Resources balance sheet. It contains any investments CNX Resources Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CNX Resources Corp can easily liquidate in the marketplace.
Most indicators from CNX Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNX Resources Corp 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 CNX Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to rise to about 142.4 M in 2024. Discontinued Operations is likely to rise to about 102.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense151.2M127.7M154.3M166.0M
Depreciation And Amortization515.1M461.2M433.6M387.2M

CNX Resources fundamental ratios Correlations

0.920.290.70.70.970.890.850.760.240.990.50.120.740.770.37-0.190.850.550.76-0.480.850.610.690.10.74
0.920.140.610.850.950.980.880.530.230.950.40.090.50.860.27-0.30.610.290.61-0.390.630.590.460.240.83
0.290.140.59-0.190.260.18-0.20.17-0.180.280.11-0.210.420.030.04-0.110.510.280.12-0.040.550.460.24-0.080.09
0.70.610.590.220.70.610.380.570.060.670.470.020.620.360.36-0.150.740.60.67-0.210.820.610.590.410.36
0.70.85-0.190.220.790.820.890.310.230.770.210.090.220.860.13-0.20.24-0.070.32-0.230.240.550.170.110.76
0.970.950.260.70.790.940.870.660.170.990.470.040.630.830.33-0.20.740.410.68-0.390.760.680.560.180.78
0.890.980.180.610.820.940.830.440.020.940.33-0.110.440.790.16-0.260.570.230.58-0.340.60.630.340.290.75
0.850.88-0.20.380.890.870.830.640.320.860.440.20.480.820.38-0.140.520.30.6-0.460.50.420.490.160.74
0.760.530.170.570.310.660.440.640.460.660.620.440.860.440.64-0.190.850.810.73-0.450.830.170.93-0.140.49
0.240.23-0.180.060.230.170.020.320.460.140.390.980.350.430.55-0.30.230.320.24-0.160.2-0.120.61-0.240.45
0.990.950.280.670.770.990.940.860.660.140.420.010.650.790.27-0.180.770.430.7-0.450.780.670.570.150.75
0.50.40.110.470.210.470.330.440.620.390.420.390.560.480.74-0.160.590.660.52-0.010.580.10.660.090.48
0.120.09-0.210.020.090.04-0.110.20.440.980.010.390.330.280.56-0.30.180.360.19-0.080.15-0.240.6-0.260.33
0.740.50.420.620.220.630.440.480.860.350.650.560.330.420.58-0.430.880.870.6-0.230.850.260.9-0.290.49
0.770.860.030.360.860.830.790.820.440.430.790.480.280.420.46-0.270.470.190.34-0.230.460.460.410.070.95
0.370.270.040.360.130.330.160.380.640.550.270.740.560.580.46-0.30.430.560.2-0.140.43-0.180.650.010.56
-0.19-0.3-0.11-0.15-0.2-0.2-0.26-0.14-0.19-0.3-0.18-0.16-0.3-0.43-0.27-0.3-0.11-0.230.09-0.38-0.10.13-0.250.38-0.45
0.850.610.510.740.240.740.570.520.850.230.770.590.180.880.470.43-0.110.830.8-0.430.990.420.87-0.030.49
0.550.290.280.6-0.070.410.230.30.810.320.430.660.360.870.190.56-0.230.830.69-0.150.810.040.9-0.070.23
0.760.610.120.670.320.680.580.60.730.240.70.520.190.60.340.20.090.80.69-0.490.810.440.740.270.27
-0.48-0.39-0.04-0.21-0.23-0.39-0.34-0.46-0.45-0.16-0.45-0.01-0.08-0.23-0.23-0.14-0.38-0.43-0.15-0.49-0.42-0.16-0.36-0.18-0.2
0.850.630.550.820.240.760.60.50.830.20.780.580.150.850.460.43-0.10.990.810.81-0.420.470.840.070.48
0.610.590.460.610.550.680.630.420.17-0.120.670.1-0.240.260.46-0.180.130.420.040.44-0.160.470.140.180.3
0.690.460.240.590.170.560.340.490.930.610.570.660.60.90.410.65-0.250.870.90.74-0.360.840.14-0.150.45
0.10.24-0.080.410.110.180.290.16-0.14-0.240.150.09-0.26-0.290.070.010.38-0.03-0.070.27-0.180.070.18-0.15-0.02
0.740.830.090.360.760.780.750.740.490.450.750.480.330.490.950.56-0.450.490.230.27-0.20.480.30.45-0.02
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CNX Resources Account Relationship Matchups

CNX Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B8.0B8.1B8.5B8.6B8.2B
Short Long Term Debt Total2.9B2.5B2.3B2.4B2.4B2.0B
Other Current Liab243.6M230.1M790.3M1.1B278.5M528.9M
Total Current Liabilities528.9M441.3M954.6M1.3B823.0M794.1M
Total Stockholder Equity4.2B4.4B3.7B3.0B4.4B2.7B
Property Plant And Equipment Net7.3B7.1B7.0B7.3B7.5B6.6B
Net Debt2.9B2.5B2.3B2.4B2.4B1.9B
Retained Earnings2.0B1.5B877.9M449.0M2.0B1.1B
Accounts Payable202.6M118.2M121.8M191.3M147.4M278.8M
Cash16.3M15.6M3.6M21.3M443K420.9K
Non Current Assets Total8.6B7.8B7.6B7.9B8.2B7.4B
Non Currrent Assets Other15.2M16.5M188.6M(206.9M)48.5M46.1M
Cash And Short Term Investments16.3M15.6M3.6M21.3M443K420.9K
Net Receivables209.6M150.3M339.1M354.6M134.0M127.3M
Common Stock Total Equity1.9M2.2M2.0M1.7M2.0M1.8M
Common Stock Shares Outstanding190.7M199.2M216.0M189.5M192.0M216.7M
Liabilities And Stockholders Equity9.1B8.0B8.1B8.5B8.6B8.2B
Non Current Liabilities Total3.6B3.2B3.4B4.3B3.4B4.4B
Inventory7.0M9.7M6.1M27.2M19.8M18.9M
Other Current Assets265.3M97.8M111.0M170.7M267.5M204.5M
Other Stockholder Equity2.2B3.0B2.8B2.5B2.4B2.0B
Total Liab4.1B3.6B4.4B5.6B4.3B5.5B
Property Plant And Equipment Gross7.3B7.1B11.4B11.9B12.7B7.2B
Total Current Assets498.1M273.3M459.8M573.8M421.8M631.8M
Accumulated Other Comprehensive Income(12.6M)(15.2M)(14.5M)(6.5M)(7.3M)(7.7M)
Short Term Debt68.8M82.0M23.5M48.3M381.3M400.4M
Common Stock1.9M2.2M2.0M1.7M1.5M1.8M
Other Liab696.9M722.3M1.2B1.9B1.7B1.9B
Other Assets329.3M204.8M188.6M270.3M1.00.95
Long Term Debt2.8B2.4B2.2B2.2B1.9B1.9B
Property Plant Equipment7.1B7.0B7.0B7.3B8.4B7.0B
Current Deferred Revenue14.0M11.0M19.0M22.1M15.8M15.0M
Intangible Assets96.6M90.1M83.5M77.0M70.4M44.8M
Net Tangible Assets4.2B4.4B3.3B3.0B3.4B4.3B
Retained Earnings Total Equity2.0B1.5B877.9M449.0M404.1M383.9M

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