CSX Capital Stock vs Net Working Capital Analysis

CSX Stock  USD 36.13  0.39  1.07%   
CSX financial indicator trend analysis is way more than just evaluating CSX Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSX Corporation is a good investment. Please check the relationship between CSX Capital Stock and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Capital Stock vs Net Working Capital

Capital Stock vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSX Corporation Capital Stock account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between CSX's Capital Stock and Net Working Capital is 0.32. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of CSX Corporation, assuming nothing else is changed. The correlation between historical values of CSX's Capital Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of CSX Corporation are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Stock i.e., CSX's Capital Stock and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Working Capital

Most indicators from CSX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSX Corporation 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 CSX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, CSX's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.79 in 2024, whereas Selling General Administrative is likely to drop slightly above 27.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.1B5.8B5.7B4.4B
Total Revenue12.5B14.9B14.7B11.1B

CSX fundamental ratios Correlations

0.72-0.30.280.90.990.710.830.61.0-0.180.65-0.11-0.960.99-0.050.5-0.760.980.570.63-0.07-0.630.260.46-0.11
0.72-0.40.20.560.650.990.430.60.70.010.590.08-0.830.73-0.050.03-0.50.750.890.620.01-0.390.390.76-0.33
-0.3-0.4-0.18-0.17-0.24-0.390.0-0.31-0.280.43-0.23-0.460.29-0.33-0.11-0.190.0-0.34-0.21-0.340.17-0.12-1.0-0.420.28
0.280.2-0.18-0.060.240.2-0.150.150.270.140.170.54-0.280.360.08-0.33-0.190.420.280.30.720.230.190.450.0
0.90.56-0.17-0.060.920.550.960.470.91-0.30.47-0.29-0.840.820.010.64-0.680.790.420.39-0.35-0.70.130.25-0.22
0.990.65-0.240.240.920.640.880.51.0-0.230.57-0.18-0.940.97-0.060.55-0.790.950.520.52-0.1-0.680.20.38-0.06
0.710.99-0.390.20.550.640.430.490.7-0.020.490.08-0.830.71-0.040.02-0.510.730.910.52-0.01-0.390.380.77-0.28
0.830.430.0-0.150.960.880.430.360.85-0.270.42-0.51-0.790.75-0.170.7-0.770.720.320.29-0.32-0.81-0.050.07-0.05
0.60.6-0.310.150.470.50.490.360.540.140.920.03-0.580.62-0.040.21-0.250.610.290.940.07-0.220.290.36-0.42
1.00.7-0.280.270.911.00.70.850.54-0.210.6-0.12-0.960.98-0.040.51-0.770.970.570.57-0.09-0.640.240.44-0.1
-0.180.010.430.14-0.3-0.23-0.02-0.270.14-0.210.210.090.12-0.13-0.4-0.310.1-0.110.010.230.240.18-0.410.010.17
0.650.59-0.230.170.470.570.490.420.920.60.21-0.14-0.640.7-0.230.3-0.410.690.270.970.12-0.340.190.29-0.05
-0.110.08-0.460.54-0.29-0.180.08-0.510.03-0.120.09-0.140.15-0.060.44-0.480.46-0.020.10.10.090.690.520.44-0.34
-0.96-0.830.29-0.28-0.84-0.94-0.83-0.79-0.58-0.960.12-0.640.15-0.960.17-0.40.82-0.96-0.72-0.61-0.010.68-0.25-0.580.14
0.990.73-0.330.360.820.970.710.750.620.98-0.130.7-0.06-0.96-0.070.44-0.741.00.570.690.01-0.570.290.48-0.05
-0.05-0.05-0.110.080.01-0.06-0.04-0.17-0.04-0.04-0.4-0.230.440.17-0.07-0.220.48-0.070.04-0.1-0.140.380.160.11-0.35
0.50.03-0.19-0.330.640.550.020.70.210.51-0.310.3-0.48-0.40.44-0.22-0.470.4-0.160.16-0.37-0.60.13-0.180.15
-0.76-0.50.0-0.19-0.68-0.79-0.51-0.77-0.25-0.770.1-0.410.460.82-0.740.48-0.47-0.74-0.51-0.31-0.120.880.05-0.36-0.12
0.980.75-0.340.420.790.950.730.720.610.97-0.110.69-0.02-0.961.0-0.070.4-0.740.60.690.07-0.550.30.52-0.05
0.570.89-0.210.280.420.520.910.320.290.570.010.270.1-0.720.570.04-0.16-0.510.60.320.15-0.420.210.81-0.32
0.630.62-0.340.30.390.520.520.290.940.570.230.970.1-0.610.69-0.10.16-0.310.690.320.15-0.20.320.41-0.15
-0.070.010.170.72-0.35-0.1-0.01-0.320.07-0.090.240.120.09-0.010.01-0.14-0.37-0.120.070.150.150.12-0.180.190.08
-0.63-0.39-0.120.23-0.7-0.68-0.39-0.81-0.22-0.640.18-0.340.690.68-0.570.38-0.60.88-0.55-0.42-0.20.120.17-0.16-0.06
0.260.39-1.00.190.130.20.38-0.050.290.24-0.410.190.52-0.250.290.160.130.050.30.210.32-0.180.170.44-0.3
0.460.76-0.420.450.250.380.770.070.360.440.010.290.44-0.580.480.11-0.18-0.360.520.810.410.19-0.160.44-0.42
-0.11-0.330.280.0-0.22-0.06-0.28-0.05-0.42-0.10.17-0.05-0.340.14-0.05-0.350.15-0.12-0.05-0.32-0.150.08-0.06-0.3-0.42
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CSX Account Relationship Matchups

CSX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B39.8B40.5B41.9B43.0B27.0B
Short Long Term Debt Total16.2B16.7B16.4B18.0B19.1B20.0B
Other Current Liab1.9B1.6B2.1B(6.4B)836M739.6M
Total Current Liabilities2.2B2.0B2.2B2.5B3.2B2.0B
Total Stockholder Equity11.9B13.1B13.5B12.6B12.1B8.5B
Property Plant And Equipment Net32.2B32.4B33.0B34.2B35.4B21.6B
Net Debt15.3B13.6B14.1B16.1B17.7B18.6B
Retained Earnings11.4B12.5B11.6B10.4B9.8B7.2B
Cash958M3.1B2.2B2.0B1.4B782.4M
Non Current Assets Total35.0B35.4B36.7B38.1B39.6B24.3B
Non Currrent Assets Other932M923M1.5B(6.5B)523M549.2M
Cash And Short Term Investments2.0B3.1B2.3B2.1B1.4B1.0B
Net Receivables986M912M1.1B1.3B1.4B1.1B
Common Stock Shares Outstanding2.4B2.3B2.3B2.1B2.0B2.9B
Liabilities And Stockholders Equity38.3B39.8B40.5B41.9B43.0B27.0B
Non Current Liabilities Total24.2B24.7B24.8B26.8B27.6B15.8B
Inventory261M302M339M341M446M287.0M
Other Current Assets1.3B1.3B1.6B1.8B109M103.6M
Other Stockholder Equity361M418M76M584M696M661.2M
Total Liab26.4B26.7B27.0B29.3B30.8B18.5B
Property Plant And Equipment Gross32.7B32.9B33.0B34.2B50.8B53.4B
Total Current Assets3.3B4.4B3.9B3.8B3.4B2.7B
Accumulated Other Comprehensive Income(675M)(598M)(408M)(388M)379M398.0M
Short Term Debt245M401M181M151M626M381.5M
Accounts Payable1.0B809M963M1.1B1.2B931.9M
Current Deferred Revenue(1.0B)(809M)(963M)7.6B525M551.3M
Common Stock Total Equity773M763M2.2B2.1B2.4B2.5B
Short Term Investments996M2M77M129M83M78.9M
Common Stock773M763M2.2B2.1B2.0B2.1B
Other Liab7.8B8.4B8.6B8.3B9.6B10.0B
Other Assets312M35.4B1.5B328M377.2M358.3M
Long Term Debt16.0B16.3B16.2B17.9B18.0B11.0B
Property Plant Equipment32.2B32.4B33.0B34.2B39.4B27.2B
Net Tangible Assets11.8B13.1B13.5B12.1B13.9B12.4B
Retained Earnings Total Equity11.4B12.5B11.6B10.4B11.9B11.8B
Long Term Debt Total16.0B16.3B16.2B17.9B20.6B13.1B

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When running CSX's price analysis, check to measure CSX'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 CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.