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 DirectionNegative 
Relationship StrengthSignificant

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 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
Click cells to compare fundamentals

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.