Cenntro Cash And Short Term Investments from 2010 to 2024

CENN Stock  USD 1.23  0.07  5.38%   
Cenntro Electric Cash And Short Term Investments yearly trend continues to be very stable with very little volatility. Cash And Short Term Investments are likely to grow to about 51.1 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2016-06-30
Previous Quarter
20.6 M
Current Value
21.8 M
Quarterly Volatility
78.1 M
 
Covid
Check Cenntro Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenntro Electric's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 382.3 K or Total Revenue of 14.5 M, as well as many indicators such as Price To Sales Ratio of 1.89, Dividend Yield of 0.0 or PTB Ratio of 0.34. Cenntro financial statements analysis is a perfect complement when working with Cenntro Electric Valuation or Volatility modules.
  
Check out the analysis of Cenntro Electric Correlation against competitors.

Latest Cenntro Electric's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Cenntro Electric Group over the last few years. Short Term Investments is an account in the current assets section of Cenntro Electric balance sheet. This account contains Cenntro Electric investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cenntro Electric Group fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Cenntro Electric's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenntro Electric's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Cenntro Cash And Short Term Investments Regression Statistics

Arithmetic Mean34,913,142
Geometric Mean5,359,824
Coefficient Of Variation212.96
Mean Deviation48,189,918
Median1,943,235
Standard Deviation74,349,995
Sample Variance5527.9T
Range260.2M
R-Value0.50
Mean Square Error4459T
R-Squared0.25
Significance0.06
Slope8,328,823
Total Sum of Squares77390.9T

Cenntro Cash And Short Term Investments History

202451.1 M
202333.6 M
2022154 M
2021261.1 M
20204.5 M
20191.2 M
20181.4 M

About Cenntro Electric Financial Statements

Cenntro Electric investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Cenntro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments33.6 M51.1 M
When determining whether Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock:
Check out the analysis of Cenntro Electric Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Automotive Parts & Equipment 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 Cenntro Electric. If investors know Cenntro 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 Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
1.2
Quarterly Revenue Growth
1.903
Return On Assets
(0.15)
Return On Equity
(0.35)
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric'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 Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric'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 Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric'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.