Celanese Research Development vs Selling General Administrative Analysis

CE Stock  USD 73.21  0.30  0.41%   
Celanese financial indicator trend analysis is way more than just evaluating Celanese prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celanese is a good investment. Please check the relationship between Celanese Research Development and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.

Research Development vs Selling General Administrative

Research Development vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celanese Research Development account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Celanese's Research Development and Selling General Administrative is 0.71. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Celanese, assuming nothing else is changed. The correlation between historical values of Celanese's Research Development and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Celanese are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Research Development i.e., Celanese's Research Development and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Selling General Administrative

Most indicators from Celanese's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celanese 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 Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.The current year's Enterprise Value is expected to grow to about 30.7 B, whereas Selling General Administrative is forecasted to decline to about 607.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.4B2.6B1.7B
Total Revenue8.5B9.7B10.9B6.9B

Celanese fundamental ratios Correlations

0.95-0.09-0.14-0.730.991.00.80.80.160.730.010.990.890.80.891.00.320.990.640.760.990.980.970.830.91
0.95-0.1-0.19-0.790.910.930.670.76-0.090.69-0.060.920.940.780.820.950.280.910.570.740.930.880.930.80.93
-0.09-0.1-0.810.41-0.08-0.13-0.260.140.05-0.450.83-0.11-0.29-0.11-0.26-0.070.63-0.14-0.290.140.03-0.12-0.120.45-0.21
-0.14-0.19-0.810.1-0.12-0.10.01-0.50.170.01-0.75-0.14-0.12-0.290.19-0.15-0.73-0.080.14-0.51-0.23-0.05-0.2-0.550.02
-0.73-0.790.410.1-0.68-0.73-0.65-0.670.18-0.820.28-0.74-0.95-0.76-0.56-0.71-0.15-0.7-0.51-0.7-0.66-0.66-0.81-0.41-0.69
0.990.91-0.08-0.12-0.680.990.820.80.250.710.040.990.850.780.890.990.340.990.650.760.991.00.960.830.88
1.00.93-0.13-0.1-0.730.990.810.80.160.750.011.00.880.80.880.990.281.00.650.760.990.990.970.810.89
0.80.67-0.260.01-0.650.820.810.80.430.85-0.130.810.710.860.740.780.380.820.770.740.760.830.810.490.63
0.80.760.14-0.5-0.670.80.80.80.20.80.290.810.740.940.590.80.660.790.610.950.820.770.850.750.6
0.16-0.090.050.170.180.250.160.430.20.150.080.14-0.090.160.30.150.390.180.410.10.160.290.10.080.01
0.730.69-0.450.01-0.820.710.750.850.80.15-0.210.750.790.90.650.710.260.740.760.730.670.720.780.360.6
0.01-0.060.83-0.750.280.040.01-0.130.290.08-0.210.04-0.210.05-0.190.030.580.01-0.190.310.140.010.050.45-0.27
0.990.92-0.11-0.14-0.740.991.00.810.810.140.750.040.880.810.860.990.291.00.620.780.990.980.980.810.88
0.890.94-0.29-0.12-0.950.850.880.710.74-0.090.79-0.210.880.80.750.880.210.860.580.740.840.830.920.630.87
0.80.78-0.11-0.29-0.760.780.80.860.940.160.90.050.810.80.60.790.550.790.620.940.780.770.870.60.62
0.890.82-0.260.19-0.560.890.880.740.590.30.65-0.190.860.750.60.880.120.890.810.480.850.910.790.640.88
1.00.95-0.07-0.15-0.710.990.990.780.80.150.710.030.990.880.790.880.320.990.620.760.990.980.970.850.91
0.320.280.63-0.73-0.150.340.280.380.660.390.260.580.290.210.550.120.320.270.230.660.370.30.370.540.09
0.990.91-0.14-0.08-0.70.991.00.820.790.180.740.011.00.860.790.890.990.270.650.740.980.990.960.80.88
0.640.57-0.290.14-0.510.650.650.770.610.410.76-0.190.620.580.620.810.620.230.650.440.590.670.570.350.58
0.760.740.14-0.51-0.70.760.760.740.950.10.730.310.780.740.940.480.760.660.740.440.780.720.860.70.53
0.990.930.03-0.23-0.660.990.990.760.820.160.670.140.990.840.780.850.990.370.980.590.780.980.960.890.88
0.980.88-0.12-0.05-0.661.00.990.830.770.290.720.010.980.830.770.910.980.30.990.670.720.980.950.790.87
0.970.93-0.12-0.2-0.810.960.970.810.850.10.780.050.980.920.870.790.970.370.960.570.860.960.950.780.83
0.830.80.45-0.55-0.410.830.810.490.750.080.360.450.810.630.60.640.850.540.80.350.70.890.790.780.72
0.910.93-0.210.02-0.690.880.890.630.60.010.6-0.270.880.870.620.880.910.090.880.580.530.880.870.830.72
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Celanese Account Relationship Matchups

Celanese fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5B10.9B12.0B26.3B26.6B27.9B
Total Stockholder Equity2.5B3.5B4.2B5.6B7.1B7.4B
Other Assets434M1.2B769M1.4B1.2B974.8M
Common Stock Shares Outstanding124.7M118.5M112.1M109.2M109.4M145.0M
Liabilities And Stockholders Equity9.5B10.9B12.0B26.3B26.6B27.9B
Other Stockholder Equity(3.6B)(4.2B)(5.2B)(5.1B)(5.1B)(4.8B)
Total Liab6.6B7.0B7.4B20.2B19.0B20.0B
Short Long Term Debt Total4.1B3.9B4.2B15.0B14.1B14.8B
Other Current Liab461M504M436M1.1B1.0B591.1M
Total Current Liabilities1.8B2.0B2.5B4.1B4.1B2.1B
Other Liab1.2B1.6B1.6B2.4B2.1B1.5B
Property Plant And Equipment Net3.9B4.2B4.4B6.0B6.0B3.7B
Current Deferred Revenue78M17M81M808M25M23.8M
Net Debt3.6B3.0B3.6B13.5B12.3B12.9B
Retained Earnings6.4B8.1B9.7B11.3B12.9B13.6B
Accounts Payable780M797M1.2B1.5B1.5B895.1M
Cash463M955M536M1.5B1.8B1.9B
Non Current Assets Total6.7B7.1B8.2B19.7B20.4B21.4B
Long Term Debt3.4B3.2B3.2B13.4B12.3B12.9B
Cash And Short Term Investments503M1.5B546M1.5B1.8B939.6M
Net Receivables1.2B1.2B1.7B2.1B1.8B1.4B
Good Will1.1B1.2B1.4B7.1B7.0B7.3B
Non Current Liabilities Total4.8B5.0B4.9B16.1B15.0B15.7B
Inventory1.0B978M1.5B2.8B2.4B2.5B
Other Current Assets43M55M70M241M272M285.6M
Property Plant And Equipment Gross3.9B4.2B4.2B5.6B10.1B10.6B
Total Current Assets2.8B3.8B3.8B6.6B6.2B3.5B
Accumulated Other Comprehensive Income(300M)(328M)(329M)(518M)(744M)(706.8M)
Treasury Stock(3.8B)(4.5B)(5.5B)(5.5B)(4.9B)(4.7B)
Short Term Debt496M532M828M1.4B1.5B1.6B
Intangible Assets312M319M735M4.1B4.0B4.2B
Common Stock16.9K16.9K17.0K17.0K15.3K14.5K
Property Plant Equipment3.7B3.9B4.4B5.6B6.4B3.5B
Short Term Investments31M40M533M10M11.5M10.9M
Net Tangible Assets1.3B2.2B2.0B6.0B6.9B7.2B
Noncontrolling Interest In Consolidated Entity391M369M348M468M538.2M277.1M
Retained Earnings Total Equity6.4B8.1B9.7B11.3B13.0B13.6B
Long Term Debt Total3.4B3.2B3.2B13.4B15.4B16.1B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.
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Is Specialty Chemicals 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 Celanese. If investors know Celanese 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 Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.88)
Dividend Share
2.8
Earnings Share
10.04
Revenue Per Share
95.989
Quarterly Revenue Growth
(0.03)
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese'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 Celanese's market value can be influenced by many factors that don't directly affect Celanese'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 Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese'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.