Centerra Free Cash Flow vs Stock Based Compensation Analysis

CG Stock

CAD 8.50 0.05 0.58%

Centerra Gold financial indicator trend analysis is way more than just evaluating Centerra Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centerra Gold is a good investment. Please check the relationship between Centerra Gold Free Cash Flow and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerra Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.

Free Cash Flow vs Stock Based Compensation

Free Cash Flow vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centerra Gold Free Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Centerra Gold's Free Cash Flow and Stock Based Compensation is 0.45. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Centerra Gold, assuming nothing else is changed. The correlation between historical values of Centerra Gold's Free Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Centerra Gold are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Free Cash Flow i.e., Centerra Gold's Free Cash Flow and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Centerra Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centerra Gold 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 Centerra Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.At this time, Centerra Gold's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 99.7 M, though Discontinued Operations is likely to grow to (708.6 M).

	2021	2022	2023	2024 (projected)
Gross Profit	292.0M	178.5M	264.0M	354.1M
Total Revenue	900.1M	850.2M	1.1B	868.8M

Gross Profit Total Revenue

Centerra Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Other Assets
Total Assets		0.29	0.41	0.82	0.98	0.94	-0.15	0.94	0.39	0.95	0.2	0.13	0.92	0.8	0.85	0.75	0.45	0.22	0.9	0.89	0.79	-0.31	0.97	0.77	0.65	0.82
Short Long Term Debt Total	0.29		-0.23	0.26	0.18	0.4	0.71	0.12	-0.35	0.38	-0.43	-0.31	0.17	0.12	0.56	0.41	0.58	-0.08	0.5	0.21	0.03	0.05	0.24	0.29	0.27	-0.03
Other Current Liab	0.41	-0.23		0.59	0.38	0.43	-0.52	0.33	0.44	0.43	0.25	0.16	0.54	0.33	0.32	0.03	-0.04	0.49	0.43	0.56	0.25	-0.34	0.45	0.33	0.27	0.46
Total Current Liabilities	0.82	0.26	0.59		0.75	0.84	-0.19	0.67	0.45	0.83	0.16	0.28	0.86	0.59	0.73	0.52	0.23	0.15	0.86	0.89	0.56	-0.52	0.8	0.77	0.54	0.69
Total Stockholder Equity	0.98	0.18	0.38	0.75		0.86	-0.22	0.98	0.41	0.88	0.29	0.17	0.9	0.79	0.73	0.75	0.38	0.18	0.78	0.8	0.86	-0.21	0.96	0.69	0.62	0.79
Property Plant And Equipment Net	0.94	0.4	0.43	0.84	0.86		0.05	0.82	0.19	1.0	-0.09	0.05	0.84	0.8	0.92	0.75	0.44	0.27	0.95	0.93	0.53	-0.43	0.87	0.88	0.72	0.77
Net Debt	-0.15	0.71	-0.52	-0.19	-0.22	0.05		-0.19	-0.88	0.03	-0.84	-0.33	-0.3	-0.16	0.12	0.36	0.29	-0.19	0.03	-0.2	-0.45	0.2	-0.24	0.06	0.24	-0.44
Retained Earnings	0.94	0.12	0.33	0.67	0.98	0.82	-0.19		0.36	0.84	0.27	0.12	0.81	0.79	0.66	0.76	0.37	0.18	0.7	0.72	0.84	-0.15	0.88	0.63	0.61	0.71
Cash	0.39	-0.35	0.44	0.45	0.41	0.19	-0.88	0.36		0.2	0.89	0.29	0.51	0.26	0.19	-0.22	-0.03	0.14	0.28	0.42	0.64	-0.27	0.44	0.1	-0.15	0.56
Non Current Assets Total	0.95	0.38	0.43	0.83	0.88	1.0	0.03	0.84	0.2		-0.07	0.08	0.85	0.81	0.91	0.75	0.43	0.25	0.94	0.92	0.55	-0.4	0.89	0.88	0.72	0.79
Cash And Short Term Investments	0.2	-0.43	0.25	0.16	0.29	-0.09	-0.84	0.27	0.89	-0.07		0.23	0.32	0.05	-0.11	-0.3	-0.17	0.13	-0.03	0.12	0.64	0.13	0.28	-0.2	-0.29	0.32
Net Receivables	0.13	-0.31	0.16	0.28	0.17	0.05	-0.33	0.12	0.29	0.08	0.23		0.3	0.08	-0.08	-0.02	-0.2	-0.17	0.03	0.24	0.19	-0.11	0.23	0.24	-0.21	0.22
Common Stock Total Equity	0.92	0.17	0.54	0.86	0.9	0.84	-0.3	0.81	0.51	0.85	0.32	0.3		0.59	0.75	0.59	0.31	0.23	0.83	0.91	0.77	-0.32	0.96	0.68	0.6	0.83
Common Stock Shares Outstanding	0.8	0.12	0.33	0.59	0.79	0.8	-0.16	0.79	0.26	0.81	0.05	0.08	0.59		0.68	0.64	0.22	0.2	0.7	0.67	0.53	-0.39	0.75	0.82	0.45	0.77
Non Current Liabilities Total	0.85	0.56	0.32	0.73	0.73	0.92	0.12	0.66	0.19	0.91	-0.11	-0.08	0.75	0.68		0.62	0.63	0.31	0.98	0.86	0.47	-0.43	0.79	0.78	0.6	0.73
Inventory	0.75	0.41	0.03	0.52	0.75	0.75	0.36	0.76	-0.22	0.75	-0.3	-0.02	0.59	0.64	0.62		0.4	-0.01	0.63	0.52	0.51	-0.2	0.7	0.66	0.78	0.44
Other Current Assets	0.45	0.58	-0.04	0.23	0.38	0.44	0.29	0.37	-0.03	0.43	-0.17	-0.2	0.31	0.22	0.63	0.4		0.02	0.54	0.33	0.36	-0.09	0.37	0.21	0.19	0.12
Other Stockholder Equity	0.22	-0.08	0.49	0.15	0.18	0.27	-0.19	0.18	0.14	0.25	0.13	-0.17	0.23	0.2	0.31	-0.01	0.02		0.28	0.36	0.1	0.02	0.18	0.2	0.1	0.32
Total Liab	0.9	0.5	0.43	0.86	0.78	0.95	0.03	0.7	0.28	0.94	-0.03	0.03	0.83	0.7	0.98	0.63	0.54	0.28		0.93	0.53	-0.48	0.84	0.82	0.62	0.76
Property Plant And Equipment Gross	0.89	0.21	0.56	0.89	0.8	0.93	-0.2	0.72	0.42	0.92	0.12	0.24	0.91	0.67	0.86	0.52	0.33	0.36	0.93		0.54	-0.49	0.86	0.83	0.58	0.85
Total Current Assets	0.79	0.03	0.25	0.56	0.86	0.53	-0.45	0.84	0.64	0.55	0.64	0.19	0.77	0.53	0.47	0.51	0.36	0.1	0.53	0.54		-0.05	0.81	0.32	0.31	0.62
Short Term Debt	-0.31	0.05	-0.34	-0.52	-0.21	-0.43	0.2	-0.15	-0.27	-0.4	0.13	-0.11	-0.32	-0.39	-0.43	-0.2	-0.09	0.02	-0.48	-0.49	-0.05		-0.3	-0.5	-0.24	-0.44
Common Stock	0.97	0.24	0.45	0.8	0.96	0.87	-0.24	0.88	0.44	0.89	0.28	0.23	0.96	0.75	0.79	0.7	0.37	0.18	0.84	0.86	0.81	-0.3		0.74	0.59	0.85
Accounts Payable	0.77	0.29	0.33	0.77	0.69	0.88	0.06	0.63	0.1	0.88	-0.2	0.24	0.68	0.82	0.78	0.66	0.21	0.2	0.82	0.83	0.32	-0.5	0.74		0.53	0.74
Non Currrent Assets Other	0.65	0.27	0.27	0.54	0.62	0.72	0.24	0.61	-0.15	0.72	-0.29	-0.21	0.6	0.45	0.6	0.78	0.19	0.1	0.62	0.58	0.31	-0.24	0.59	0.53		0.51
Other Assets	0.82	-0.03	0.46	0.69	0.79	0.77	-0.44	0.71	0.56	0.79	0.32	0.22	0.83	0.77	0.73	0.44	0.12	0.32	0.76	0.85	0.62	-0.44	0.85	0.74	0.51

Click cells to compare fundamentals

Centerra Gold Account Relationship Matchups

Centerra Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.1B	2.7B	2.3B	2.3B	1.9B
Short Long Term Debt Total	92.6M	18.9M	20.2M	14.0M	24.2M	23.0M
Other Current Liab	34.4M	132.2M	64.7M	102.7M	172.5M	181.1M
Total Current Liabilities	244.8M	257.8M	227.4M	274.9M	297.4M	174.5M
Total Stockholder Equity	2.1B	2.5B	2.0B	1.8B	1.7B	1.5B
Property Plant And Equipment Net	1.7B	1.7B	1.3B	1.3B	1.2B	935.0M
Net Debt	49.9M	(526.3M)	(927.0M)	(517.9M)	(588.7M)	(559.3M)
Retained Earnings	1.1B	1.4B	1.0B	897.6M	771.4M	704.4M
Cash	42.7M	545.2M	947.2M	531.9M	612.9M	327.7M
Non Current Assets Total	1.8B	1.8B	1.4B	1.3B	1.3B	1.1B
Cash And Short Term Investments	42.7M	548.7M	949.4M	531.9M	615.8M	394.5M
Net Receivables	68.0M	44.6M	61.3M	117.2M	64.9M	55.8M
Common Stock Total Equity	948.1M	949.3M	960.4M	975.1M	1.1B	807.1M
Common Stock Shares Outstanding	294.1M	297.4M	298.3M	266.3M	218.4M	270.0M
Liabilities And Stockholders Equity	2.7B	3.1B	2.7B	2.3B	2.3B	1.9B
Non Current Liabilities Total	391M	412.2M	405.6M	250.8M	309.1M	200.3M
Inventory	774.1M	580.6M	221.2M	316.8M	260.9M	330.4M
Other Current Assets	46.1M	199.0M	39.2M	58.8M	24.4M	23.2M
Other Stockholder Equity	26.3M	30.6M	30.8M	29.6M	33.9M	32.2M
Total Liab	635.8M	670.0M	633.0M	525.6M	606.5M	374.9M
Property Plant And Equipment Gross	1.7B	1.7B	1.7B	1.8B	1.9B	1.0B
Total Current Assets	932.7M	1.4B	1.3B	990.7M	966.0M	833.3M
Short Term Debt	4.3M	4.6M	6.1M	5.2M	6.1M	5.8M
Common Stock	960.4M	975.1M	984.1M	886.5M	861.5M	848.8M
Accounts Payable	204.4M	113.5M	131.2M	165.0M	77.9M	93.6M
Non Currrent Assets Other	97.1M	68.3M	31.7M	10.6M	77.2M	41.9M
Other Assets	99.5M	77.1M	133.4M	71.8M	82.6M	70.9M
Accumulated Other Comprehensive Income	(752K)	11.6M	6.8M	(3.3M)	7.5M	7.8M
Short Term Investments	1.8M	3.5M	2.2M	830K	2.8M	2.7M
Current Deferred Revenue	73.9M	85.7M	151.2M	12.3M	9.5M	9.1M
Other Liab	302.7M	397.8M	391.5M	242.0M	278.3M	239.9M
Net Tangible Assets	2.1B	2.5B	2.0B	1.8B	2.1B	2.0B
Property Plant Equipment	1.7B	1.7B	1.3B	1.3B	1.5B	1.4B
Capital Surpluse	26.3M	30.6M	30.8M	29.6M	34.0M	30.3M
Long Term Debt Total	88.3M	14.3M	14.1M	8.7M	7.9M	7.5M
Capital Lease Obligations	22.6M	18.9M	20.2M	14.0M	24.2M	16.7M
Non Current Liabilities Other	3.9M	3.6M	19.4M	14.2M	16.3M	9.6M

Pair Trading with Centerra Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centerra Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centerra Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Centerra Stock

0.82

ORE

Orezone Gold Corp

Pair Corr

Moving against Centerra Stock

0.75	WCN	Waste Connections	Pair Corr
0.74	FFH	Fairfax Financial	Pair Corr
0.56	CSU	Constellation Software	Pair Corr
0.52	FSV	FirstService Corp	Pair Corr
0.51	BYD	Boyd Group Services	Pair Corr

The ability to find closely correlated positions to Centerra Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centerra Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centerra Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centerra Gold to buy it.

The correlation of Centerra Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centerra Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centerra Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Centerra Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Centerra Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Centerra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Centerra Gold Stock. Highlighted below are key reports to facilitate an investment decision about Centerra Gold Stock:

How To Invest In Centerra

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Is Centerra Stock a good investment?

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What is Centerra Gold's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerra Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

Please note, there is a significant difference between Centerra Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerra Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerra Gold'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Centerra Free Cash Flow vs Stock Based Compensation Analysis

Free Cash Flow vs Stock Based Compensation

Free Cash Flow vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Stock Based Compensation

Centerra Gold fundamental ratios Correlations

Centerra Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Centerra Gold fundamental ratios Accounts

Pair Trading with Centerra Gold

Moving together with Centerra Stock

Moving against Centerra Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Liabilities Total
Common Stock	+ 0.97	Total Assets
Common Stock	+ 0.96	Total Stockholder Equity

Cash	- 0.88	Net Debt
Cash And Short Term Investments	- 0.84	Net Debt
Short Term Debt	- 0.52	Total Current Liabilities
Net Debt	- 0.52	Other Current Liab
Accounts Payable	- 0.5	Short Term Debt
Short Term Debt	- 0.49	Property Plant And Equipment Gross