Celanese Total Stockholder Equity vs Accumulated Depreciation 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 Total Stockholder Equity and its Accumulated Depreciation 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.
Total Stockholder Equity vs Accumulated Depreciation
Total Stockholder Equity vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celanese Total Stockholder Equity account and Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Celanese's Total Stockholder Equity and Accumulated Depreciation is -0.8. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Celanese, assuming nothing else is changed. The correlation between historical values of Celanese's Total Stockholder Equity and Accumulated Depreciation 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 Stockholder Equity of Celanese are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Total Stockholder Equity i.e., Celanese's Total Stockholder Equity and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Celanese fixed asset that has been charged to Celanese expense since that asset was acquired and made available for Celanese use. The accumulated depreciation account is Celanese asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Celanese.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 Profit | 2.7B | 2.4B | 2.6B | 1.7B | Total Revenue | 8.5B | 9.7B | 10.9B | 6.9B |
Celanese fundamental ratios Correlations
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Celanese Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Celanese fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.5B | 10.9B | 12.0B | 26.3B | 26.6B | 27.9B | |
Total Stockholder Equity | 2.5B | 3.5B | 4.2B | 5.6B | 7.1B | 7.4B | |
Other Assets | 434M | 1.2B | 769M | 1.4B | 1.2B | 974.8M | |
Common Stock Shares Outstanding | 124.7M | 118.5M | 112.1M | 109.2M | 109.4M | 145.0M | |
Liabilities And Stockholders Equity | 9.5B | 10.9B | 12.0B | 26.3B | 26.6B | 27.9B | |
Other Stockholder Equity | (3.6B) | (4.2B) | (5.2B) | (5.1B) | (5.1B) | (4.8B) | |
Total Liab | 6.6B | 7.0B | 7.4B | 20.2B | 19.0B | 20.0B | |
Short Long Term Debt Total | 4.1B | 3.9B | 4.2B | 15.0B | 14.1B | 14.8B | |
Other Current Liab | 461M | 504M | 436M | 1.1B | 1.0B | 591.1M | |
Total Current Liabilities | 1.8B | 2.0B | 2.5B | 4.1B | 4.1B | 2.1B | |
Other Liab | 1.2B | 1.6B | 1.6B | 2.4B | 2.1B | 1.5B | |
Property Plant And Equipment Net | 3.9B | 4.2B | 4.4B | 6.0B | 6.0B | 3.7B | |
Current Deferred Revenue | 78M | 17M | 81M | 808M | 25M | 23.8M | |
Net Debt | 3.6B | 3.0B | 3.6B | 13.5B | 12.3B | 12.9B | |
Retained Earnings | 6.4B | 8.1B | 9.7B | 11.3B | 12.9B | 13.6B | |
Accounts Payable | 780M | 797M | 1.2B | 1.5B | 1.5B | 895.1M | |
Cash | 463M | 955M | 536M | 1.5B | 1.8B | 1.9B | |
Non Current Assets Total | 6.7B | 7.1B | 8.2B | 19.7B | 20.4B | 21.4B | |
Long Term Debt | 3.4B | 3.2B | 3.2B | 13.4B | 12.3B | 12.9B | |
Cash And Short Term Investments | 503M | 1.5B | 546M | 1.5B | 1.8B | 939.6M | |
Net Receivables | 1.2B | 1.2B | 1.7B | 2.1B | 1.8B | 1.4B | |
Good Will | 1.1B | 1.2B | 1.4B | 7.1B | 7.0B | 7.3B | |
Non Current Liabilities Total | 4.8B | 5.0B | 4.9B | 16.1B | 15.0B | 15.7B | |
Inventory | 1.0B | 978M | 1.5B | 2.8B | 2.4B | 2.5B | |
Other Current Assets | 43M | 55M | 70M | 241M | 272M | 285.6M | |
Property Plant And Equipment Gross | 3.9B | 4.2B | 4.2B | 5.6B | 10.1B | 10.6B | |
Total Current Assets | 2.8B | 3.8B | 3.8B | 6.6B | 6.2B | 3.5B | |
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 Debt | 496M | 532M | 828M | 1.4B | 1.5B | 1.6B | |
Intangible Assets | 312M | 319M | 735M | 4.1B | 4.0B | 4.2B | |
Common Stock | 16.9K | 16.9K | 17.0K | 17.0K | 15.3K | 14.5K | |
Property Plant Equipment | 3.7B | 3.9B | 4.4B | 5.6B | 6.4B | 3.5B | |
Short Term Investments | 31M | 40M | 533M | 10M | 11.5M | 10.9M | |
Net Tangible Assets | 1.3B | 2.2B | 2.0B | 6.0B | 6.9B | 7.2B | |
Noncontrolling Interest In Consolidated Entity | 391M | 369M | 348M | 468M | 538.2M | 277.1M | |
Retained Earnings Total Equity | 6.4B | 8.1B | 9.7B | 11.3B | 13.0B | 13.6B | |
Long Term Debt Total | 3.4B | 3.2B | 3.2B | 13.4B | 15.4B | 16.1B |
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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.