CSG Change To Liabilities vs Change To Inventory Analysis

200012 Stock   2.34  0.02  0.85%   
CSG Holding financial indicator trend analysis is way more than just evaluating CSG Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Holding is a good investment. Please check the relationship between CSG Holding Change To Liabilities and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Holding Co. 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.

Change To Liabilities vs Change To Inventory

Change To Liabilities vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSG Holding Change To Liabilities account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CSG Holding's Change To Liabilities and Change To Inventory is -0.37. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of CSG Holding Co, assuming nothing else is changed. The correlation between historical values of CSG Holding's Change To Liabilities and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of CSG Holding Co are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Liabilities i.e., CSG Holding's Change To Liabilities and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Liabilities

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from CSG Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Holding 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 CSG Holding Co. 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.
The current year's Selling General Administrative is expected to grow to about 373.8 M, whereas Tax Provision is forecasted to decline to about 81.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B4.2B4.1B3.4B
Total Revenue13.6B15.2B18.2B13.0B

CSG Holding fundamental ratios Correlations

-0.590.710.940.820.890.910.860.850.810.910.62-0.060.930.820.740.940.73-0.54-0.030.960.620.910.82-0.540.83
-0.59-0.54-0.54-0.32-0.44-0.45-0.58-0.43-0.49-0.46-0.160.34-0.62-0.31-0.45-0.57-0.270.310.21-0.52-0.17-0.53-0.310.45-0.61
0.71-0.540.460.520.330.390.650.450.270.50.730.140.520.840.150.870.55-0.440.40.570.50.540.35-0.090.77
0.94-0.540.460.830.980.990.80.890.920.880.48-0.10.970.640.880.780.73-0.49-0.190.970.60.940.91-0.650.68
0.82-0.320.520.830.770.840.660.810.720.650.610.420.810.770.680.70.92-0.410.340.860.930.940.85-0.250.48
0.89-0.440.330.980.770.990.710.830.90.880.42-0.140.930.530.870.70.67-0.4-0.270.930.520.870.91-0.660.62
0.91-0.450.390.990.840.990.760.880.920.850.47-0.050.950.610.890.730.75-0.47-0.170.960.630.930.93-0.630.61
0.86-0.580.650.80.660.710.760.630.850.770.54-0.250.740.70.770.820.55-0.89-0.170.760.460.760.66-0.760.84
0.85-0.430.450.890.810.830.880.630.760.720.450.130.940.680.720.70.76-0.30.040.960.680.930.86-0.360.44
0.81-0.490.270.920.720.90.920.850.760.790.29-0.270.860.50.970.620.58-0.67-0.360.840.490.850.79-0.810.6
0.91-0.460.50.880.650.880.850.770.720.790.42-0.30.830.680.760.860.46-0.48-0.30.860.360.740.7-0.620.84
0.62-0.160.730.480.610.420.470.540.450.290.420.350.440.640.130.680.77-0.420.450.560.570.520.57-0.090.52
-0.060.340.14-0.10.42-0.14-0.05-0.250.13-0.27-0.30.35-0.060.26-0.27-0.050.530.270.910.030.680.180.180.67-0.37
0.93-0.620.520.970.810.930.950.740.940.860.830.44-0.060.670.810.790.73-0.39-0.110.980.630.950.86-0.530.64
0.82-0.310.840.640.770.530.610.70.680.50.680.640.260.670.420.890.67-0.470.40.750.730.740.55-0.130.7
0.74-0.450.150.880.680.870.890.770.720.970.760.13-0.270.810.420.530.48-0.61-0.410.780.450.80.77-0.810.52
0.94-0.570.870.780.70.70.730.820.70.620.860.68-0.050.790.890.530.62-0.530.090.840.530.760.63-0.40.91
0.73-0.270.550.730.920.670.750.550.760.580.460.770.530.730.670.480.62-0.330.470.790.910.860.84-0.140.34
-0.540.31-0.44-0.49-0.41-0.4-0.47-0.89-0.3-0.67-0.48-0.420.27-0.39-0.47-0.61-0.53-0.330.18-0.42-0.28-0.46-0.410.74-0.62
-0.030.210.4-0.190.34-0.27-0.17-0.170.04-0.36-0.30.450.91-0.110.4-0.410.090.470.18-0.020.610.11-0.010.72-0.19
0.96-0.520.570.970.860.930.960.760.960.840.860.560.030.980.750.780.840.79-0.42-0.020.680.960.9-0.490.65
0.62-0.170.50.60.930.520.630.460.680.490.360.570.680.630.730.450.530.91-0.280.610.680.820.70.020.24
0.91-0.530.540.940.940.870.930.760.930.850.740.520.180.950.740.80.760.86-0.460.110.960.820.89-0.440.56
0.82-0.310.350.910.850.910.930.660.860.790.70.570.180.860.550.770.630.84-0.41-0.010.90.70.89-0.510.45
-0.540.45-0.09-0.65-0.25-0.66-0.63-0.76-0.36-0.81-0.62-0.090.67-0.53-0.13-0.81-0.4-0.140.740.72-0.490.02-0.44-0.51-0.59
0.83-0.610.770.680.480.620.610.840.440.60.840.52-0.370.640.70.520.910.34-0.62-0.190.650.240.560.45-0.59
Click cells to compare fundamentals

CSG Holding Account Relationship Matchups

CSG Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B17.9B19.9B25.9B30.4B22.4B
Other Current Liab833.9M881.2M1.2B50.4M454.3M648.8M
Total Current Liabilities6.4B3.8B3.8B7.5B9.0B6.9B
Total Stockholder Equity9.5B10.2B11.4B12.9B14.1B11.1B
Other Liab623.9M544.1M600.7M648.7M746.0M631.4M
Net Tangible Assets7.7B8.1B8.8B10.1B11.6B8.6B
Retained Earnings5.8B6.4B7.6B7.8B8.8B6.8B
Accounts Payable967.1M907.0M1.1B3.0B5.4B5.7B
Cash2.0B2.1B2.8B4.6B3.1B2.5B
Other Assets277.1M390.9M824.4M1.2B1.4B1.4B
Long Term Debt1.4B2.8B3.5B4.4B6.2B3.4B
Net Receivables1.7B681.5M1.2B1.2B1.9B1.5B
Good Will315.1M233.4M130.1M7.9M8.6M8.2M
Inventory812.3M815.2M1.1B1.8B1.6B1.0B
Other Current Assets265.0M261.7M284.0M367.8M436.3M359.2M
Other Stockholder Equity11.1M17.7M172.1M166.5M191.5M201.0M
Total Liab8.3B7.3B8.1B12.5B15.8B10.9B
Deferred Long Term Liab74.5M85.2M49.2M72.0M82.8M68.4M
Short Long Term Debt2.2B352.9M180.8M345M436.9M415.0M
Total Current Assets4.7B4.6B6.3B9.3B9.4B6.0B
Intangible Assets1.1B1.2B1.2B1.5B1.4B1.3B
Common Stock2.5B2.9B3.1B3.1B3.5B2.9B
Property Plant Equipment12.5B11.7B11.0B11.0B9.9B9.6B
Non Current Assets Total13.5B13.2B13.6B16.6B20.9B16.7B
Non Currrent Assets Other120.4M193.4M584.2M856.6M396.6M322.7M
Non Current Liabilities Total2.0B3.4B4.3B5.0B6.8B4.2B
Non Current Liabilities Other1.6B2.3B1.3B13.1M11.7M11.2M
Net Debt1.6B1.1B880.5M94.0M3.6B3.8B
Net Invested Capital13.1B13.4B15.1B17.6B20.7B17.0B
Net Working Capital(1.7B)820.8M2.5B1.8B464.9M488.1M

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Other Information on Investing in CSG Stock

Balance Sheet is a snapshot of the financial position of CSG Holding at a specified time, usually calculated after every quarter, six months, or one year. CSG Holding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CSG Holding and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CSG currently owns. An asset can also be divided into two categories, current and non-current.