Chembond Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

CHEMBOND   607.10  20.20  3.44%   
Chembond Chemicals financial indicator trend analysis is way more than just evaluating Chembond Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chembond Chemicals is a good investment. Please check the relationship between Chembond Chemicals Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chembond Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chembond Chemicals Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chembond Chemicals' Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.75. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Chembond Chemicals, assuming nothing else is changed. The correlation between historical values of Chembond Chemicals' Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Chembond Chemicals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Chembond Chemicals' Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Chembond Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chembond Chemicals 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 Chembond Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of the 20th of December 2024, Selling General Administrative is likely to grow to about 824.9 M, while Tax Provision is likely to drop about 87.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.0M10.4M11.8M13.8M
Depreciation And Amortization44.8M45.1M55.5M34.9M

Chembond Chemicals fundamental ratios Correlations

-0.54-0.460.080.980.75-0.49-0.120.970.210.740.80.7-0.840.480.42-0.33-0.150.95-0.580.720.290.77-0.460.740.94
-0.540.060.65-0.670.050.810.39-0.63-0.08-0.53-0.1-0.10.720.25-0.170.050.76-0.370.840.030.38-0.630.06-0.57-0.73
-0.460.060.09-0.47-0.33-0.090.25-0.52-0.17-0.35-0.22-0.240.56-0.01-0.090.560.22-0.350.45-0.38-0.17-0.410.3-0.26-0.43
0.080.650.09-0.110.630.250.7-0.07-0.02-0.020.480.430.250.720.080.180.940.280.660.590.73-0.19-0.12-0.19-0.21
0.98-0.67-0.47-0.110.63-0.53-0.260.990.20.730.710.61-0.890.340.4-0.38-0.320.88-0.710.60.150.79-0.460.790.98
0.750.05-0.330.630.63-0.10.260.650.10.440.890.75-0.450.850.26-0.250.420.820.020.960.490.38-0.540.480.53
-0.490.81-0.090.25-0.53-0.1-0.22-0.49-0.21-0.65-0.06-0.160.590.01-0.22-0.390.39-0.440.5-0.210.22-0.61-0.22-0.24-0.55
-0.120.390.250.7-0.260.26-0.22-0.270.20.15-0.030.090.290.410.040.70.690.10.620.390.28-0.090.46-0.57-0.35
0.97-0.63-0.52-0.070.990.65-0.49-0.270.170.660.720.57-0.870.340.36-0.45-0.290.84-0.720.610.190.72-0.520.810.96
0.21-0.08-0.17-0.020.20.1-0.210.20.170.08-0.050.2-0.180.010.670.25-0.060.24-0.040.2-0.030.030.29-0.210.17
0.74-0.53-0.35-0.020.730.44-0.650.150.660.080.410.44-0.670.260.160.13-0.190.78-0.470.50.120.970.080.360.7
0.8-0.1-0.220.480.710.89-0.06-0.030.72-0.050.410.74-0.520.770.31-0.410.280.83-0.130.750.540.42-0.70.690.65
0.7-0.1-0.240.430.610.75-0.160.090.570.20.440.74-0.540.530.57-0.10.170.79-0.130.720.580.45-0.40.460.61
-0.840.720.560.25-0.89-0.450.590.29-0.87-0.18-0.67-0.52-0.54-0.1-0.410.340.52-0.720.74-0.46-0.04-0.760.39-0.68-0.91
0.480.25-0.010.720.340.850.010.410.340.010.260.770.53-0.10.12-0.080.60.620.280.80.450.16-0.480.230.24
0.42-0.17-0.090.080.40.26-0.220.040.360.670.160.310.57-0.410.12-0.02-0.110.46-0.170.260.370.19-0.080.140.46
-0.330.050.560.18-0.38-0.25-0.390.7-0.450.250.13-0.41-0.10.34-0.08-0.020.25-0.140.42-0.11-0.12-0.030.81-0.62-0.39
-0.150.760.220.94-0.320.420.390.69-0.29-0.06-0.190.280.170.520.6-0.110.250.060.790.380.6-0.380.03-0.36-0.44
0.95-0.37-0.350.280.880.82-0.440.10.840.240.780.830.79-0.720.620.46-0.140.06-0.350.80.40.76-0.340.580.83
-0.580.840.450.66-0.710.020.50.62-0.72-0.04-0.47-0.13-0.130.740.28-0.170.420.79-0.350.020.18-0.630.28-0.67-0.79
0.720.03-0.380.590.60.96-0.210.390.610.20.50.750.72-0.460.80.26-0.110.380.80.020.380.42-0.380.360.49
0.290.38-0.170.730.150.490.220.280.19-0.030.120.540.58-0.040.450.37-0.120.60.40.180.380.07-0.270.070.14
0.77-0.63-0.41-0.190.790.38-0.61-0.090.720.030.970.420.45-0.760.160.19-0.03-0.380.76-0.630.420.07-0.040.50.8
-0.460.060.3-0.12-0.46-0.54-0.220.46-0.520.290.08-0.7-0.40.39-0.48-0.080.810.03-0.340.28-0.38-0.27-0.04-0.74-0.46
0.74-0.57-0.26-0.190.790.48-0.24-0.570.81-0.210.360.690.46-0.680.230.14-0.62-0.360.58-0.670.360.070.5-0.740.81
0.94-0.73-0.43-0.210.980.53-0.55-0.350.960.170.70.650.61-0.910.240.46-0.39-0.440.83-0.790.490.140.8-0.460.81
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Chembond Chemicals Account Relationship Matchups

Chembond Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.5B3.6B4.0B4.5B2.7B
Short Long Term Debt Total33.8M18.8M15.1M73.1M66.8M106.3M
Other Current Liab85.7M114.1M130.6M156.2M210.2M161.8M
Total Current Liabilities462.7M577.7M539.9M769.4M818.8M681.2M
Total Stockholder Equity2.7B2.9B3.0B3.2B3.6B1.8B
Property Plant And Equipment Net483.5M465.5M460.2M536.4M601.7M455.2M
Net Debt9.2M(78.1M)(74.7M)(19.1M)(24.7M)(23.4M)
Cash24.6M96.9M89.8M92.3M101.1M110.6M
Non Current Assets Total1.6B1.7B1.7B1.9B2.0B1.1B
Non Currrent Assets Other64.2M73.3M88.2M72.3M66.8M59.2M
Cash And Short Term Investments331.2M473.2M548.3M493.7M586.0M330.3M
Net Receivables824.1M835.3M898.7M1.2B1.2B830.0M
Liabilities And Stockholders Equity3.2B3.5B3.6B4.0B4.5B2.7B
Non Current Liabilities Total18.8M19.1M17.8M16.3M23.3M22.1M
Inventory273.3M293.3M339.3M342.1M349.9M289.1M
Other Current Assets57.3M202.7M142.1M308.5M378.4M397.3M
Total Liab481.5M596.8M557.7M785.7M842.1M582.0M
Total Current Assets1.6B1.8B1.9B2.1B2.5B1.6B
Accumulated Other Comprehensive Income(129.4M)133.2M134.4M135.9M3.8M4.0M
Short Term Debt17.3M(6.6M)(978K)56.2M66.8M67.1M
Accounts Payable341.6M432.2M391.0M531.0M541.8M492.8M
Short Term Investments306.6M376.3M458.5M401.4M484.9M304.2M
Intangible Assets7.7M6.3M4.9M3.3M7.7M7.3M
Current Deferred Revenue94.8M90.9M97.0M104.2M119.8M82.0M
Retained Earnings2.4B2.7B2.8B3.0B3.3B2.2B
Other Liab13.5M11.3M12.7M10.7M9.7M9.2M
Net Tangible Assets2.0B1.9B2.2B2.3B2.6B2.3B
Long Term Debt7.4M6.4M7.1M7.9M9.6M7.4M
Long Term Debt Total7.4M6.4M7.1M7.9M9.1M7.0M
Property Plant Equipment483.2M464.0M460.1M536.4M616.8M515.3M
Short Long Term Debt26.4M12.4M8.0M65.3M66.8M41.1M
Net Invested Capital2.7B3.0B3.1B3.3B3.7B3.3B
Net Working Capital1.2B1.3B1.4B1.3B1.7B1.4B

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Other Information on Investing in Chembond Stock

Balance Sheet is a snapshot of the financial position of Chembond Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Chembond Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chembond Chemicals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Chembond currently owns. An asset can also be divided into two categories, current and non-current.