Cenntro Total Stockholder Equity vs Long Term Investments Analysis
CENN Stock | USD 1.15 0.07 5.74% |
Cenntro Electric financial indicator trend analysis is way more than just evaluating Cenntro Electric prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cenntro Electric is a good investment. Please check the relationship between Cenntro Electric Total Stockholder Equity and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenntro Electric Group. 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.
Total Stockholder Equity vs Long Term Investments
Total Stockholder Equity vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cenntro Electric Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cenntro Electric's Total Stockholder Equity and Long Term Investments is 0.47. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Cenntro Electric Group, assuming nothing else is changed. The correlation between historical values of Cenntro Electric's Total Stockholder Equity and Long Term Investments 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 Cenntro Electric Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., Cenntro Electric's Total Stockholder Equity and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Long Term Investments
Long Term Investments is an item on the asset side of Cenntro Electric balance sheet that represents investments Cenntro Electric intends to hold for over a year. Cenntro Electric Group long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Cenntro Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cenntro Electric 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 Cenntro Electric Group. 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. At this time, Cenntro Electric's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 2.57, while Selling General Administrative is likely to drop about 22.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1M | 844.2K | 402.4K | 382.3K | Depreciation And Amortization | 1.3M | 2.6M | 1.7M | 1.4M |
Cenntro Electric fundamental ratios Correlations
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Cenntro Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cenntro Electric fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 42.2M | 22.8M | 291.4M | 267.8M | 185.5M | 96.8M | |
Short Long Term Debt Total | 19.6M | 7.2M | 3.5M | 66.1M | 31.0M | 15.9M | |
Other Current Liab | 5.0M | 4.0M | 19.7M | 8.1M | 13.0M | 7.0M | |
Total Current Liabilities | 33.3M | 14.5M | 26.4M | 70.2M | 29.3M | 24.5M | |
Total Stockholder Equity | 8.4M | 7.9M | 263.8M | 172.4M | 121.9M | 64.8M | |
Property Plant And Equipment Net | 14.9M | 1.5M | 3.0M | 23.1M | 40.4M | 42.5M | |
Net Debt | 18.4M | 2.6M | (257.6M) | (87.9M) | 1.7M | 1.7M | |
Retained Earnings | (88.1M) | (93.3M) | (109.7M) | (219.8M) | (274.0M) | (260.3M) | |
Accounts Payable | 7.2M | 3.7M | 3.7M | 3.4M | 6.8M | 4.8M | |
Cash | 1.2M | 4.5M | 261.1M | 154.0M | 29.4M | 50.7M | |
Non Current Assets Total | 31.0M | 2.6M | 10.3M | 64.8M | 80.6M | 84.6M | |
Non Currrent Assets Other | 110.1K | 1.1M | 7.0M | (22.7M) | 2.2M | 1.3M | |
Cash And Short Term Investments | 1.2M | 4.5M | 261.1M | 154.0M | 33.6M | 51.1M | |
Net Receivables | 2.5M | 10.4M | 7.3M | 6.8M | 6.5M | 5.0M | |
Common Stock Shares Outstanding | 162.61 | 1.0K | 26.1M | 26.3M | 30.4M | 31.9M | |
Liabilities And Stockholders Equity | 42.2M | 22.8M | 291.4M | 267.8M | 185.5M | 96.8M | |
Non Current Liabilities Total | 456.6K | 356.1K | 1.2M | 25.7M | 34.4M | 36.1M | |
Inventory | 6.6M | 4.2M | 8.1M | 31.8M | 43.9M | 46.1M | |
Other Current Assets | 192.7K | 992.5K | 4.6M | 10.4M | 20.9M | 21.9M | |
Other Stockholder Equity | 99.7M | 103.1M | 374.9M | 397.5M | 402.3M | 422.5M | |
Total Liab | 33.8M | 14.9M | 27.6M | 96.0M | 63.7M | 32.1M | |
Total Current Assets | 11.2M | 20.1M | 281.1M | 203.0M | 104.9M | 72.7M | |
Accumulated Other Comprehensive Income | (3.2M) | (1.9M) | (1.4M) | (5.3M) | (6.4M) | (6.1M) | |
Short Term Debt | 19.1M | 6.8M | 3.0M | 58.7M | 9.5M | 12.5M | |
Current Deferred Revenue | 1.9M | 1.7M | 1.9M | 2.4M | 5.2M | 5.5M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenntro Electric Group. 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. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.