CWST Stock | | | USD 101.82 2.37 2.38% |
Casella Waste financial indicator trend analysis is way more than just evaluating Casella Waste Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Casella Waste Systems is a good investment. Please check the relationship between Casella Waste Total Assets and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Casella Waste Systems. 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.
Total Assets vs Other Stockholder Equity
Total Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Casella Waste Systems Total Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Casella Waste's Total Assets and Other Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Casella Waste Systems, assuming nothing else is changed. The correlation between historical values of Casella Waste's Total Assets and Other 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 Total Assets of Casella Waste Systems are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Casella Waste's Total Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Casella Waste 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 Casella Waste Systems 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.
Other Stockholder Equity
Most indicators from Casella Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Casella Waste Systems 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 Casella Waste Systems. 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, Casella Waste's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 342.9
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 272.9
M in 2024.
Casella Waste fundamental ratios Correlations
Click cells to compare fundamentals
Casella Waste Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Casella Waste fundamental ratios Accounts
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