Choice Retained Earnings vs Short Term Debt Analysis

CHOICEIN   530.30  4.15  0.79%   
Choice International financial indicator trend analysis is way more than just evaluating Choice International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Choice International is a good investment. Please check the relationship between Choice International Retained Earnings and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Choice International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Choice International Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Choice International's Retained Earnings and Short Term Debt is 0.55. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Choice International Limited, assuming nothing else is changed. The correlation between historical values of Choice International's Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Choice International Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Choice International's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Debt

Most indicators from Choice International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Choice International 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 Choice International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of now, Choice International's Selling General Administrative is increasing as compared to previous years. The Choice International's current Tax Provision is estimated to increase to about 524.3 M, while Issuance Of Capital Stock is projected to decrease to under 147 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B2.8B4.0B4.2B
Total Revenue2.6B3.9B7.2B7.6B

Choice International fundamental ratios Correlations

0.990.860.930.890.970.690.890.570.920.41.01.00.960.950.960.881.00.120.970.710.650.910.990.990.1
0.990.880.90.850.950.770.880.630.960.50.980.990.930.910.930.870.980.090.950.670.640.910.980.970.14
0.860.880.870.680.870.620.70.570.850.50.850.860.750.710.840.610.87-0.020.820.550.780.770.830.80.05
0.930.90.870.80.920.50.730.330.80.370.940.930.870.840.980.770.960.030.950.580.810.750.910.890.15
0.890.850.680.80.930.550.930.590.730.070.910.880.940.950.910.850.890.340.850.880.50.870.860.92-0.18
0.970.950.870.920.930.60.930.580.830.230.980.950.970.960.960.860.960.130.920.820.620.930.950.97-0.08
0.690.770.620.50.550.60.680.830.810.720.650.710.60.570.540.690.660.210.60.330.410.710.670.670.23
0.890.880.70.730.930.930.680.740.770.130.890.870.950.950.830.890.860.210.790.890.370.980.880.94-0.16
0.570.630.570.330.590.580.830.740.660.340.530.560.550.530.430.530.520.250.420.590.250.750.520.58-0.22
0.920.960.850.80.730.830.810.770.660.630.890.940.820.790.810.750.910.050.910.530.610.820.920.880.25
0.40.50.50.370.070.230.720.130.340.630.350.450.180.130.280.290.410.040.42-0.270.490.210.390.30.69
1.00.980.850.940.910.980.650.890.530.890.350.990.970.960.980.881.00.130.980.730.650.90.990.990.08
1.00.990.860.930.880.950.710.870.560.940.450.990.950.930.960.880.990.120.980.680.660.890.990.980.15
0.960.930.750.870.940.970.60.950.550.820.180.970.951.00.940.920.950.150.920.840.50.940.960.99-0.04
0.950.910.710.840.950.960.570.950.530.790.130.960.931.00.920.910.930.180.90.850.450.930.940.98-0.06
0.960.930.840.980.910.960.540.830.430.810.280.980.960.940.920.840.980.120.960.710.740.830.940.950.04
0.880.870.610.770.850.860.690.890.530.750.290.880.880.920.910.840.860.150.820.690.420.860.870.920.12
1.00.980.870.960.890.960.660.860.520.910.411.00.990.950.930.980.860.110.980.680.710.870.980.970.12
0.120.09-0.020.030.340.130.210.210.250.050.040.130.120.150.180.120.150.110.090.140.080.10.060.120.05
0.970.950.820.950.850.920.60.790.420.910.420.980.980.920.90.960.820.980.090.620.690.80.970.950.19
0.710.670.550.580.880.820.330.890.590.53-0.270.730.680.840.850.710.690.680.140.620.230.850.690.78-0.51
0.650.640.780.810.50.620.410.370.250.610.490.650.660.50.450.740.420.710.080.690.230.410.590.550.19
0.910.910.770.750.870.930.710.980.750.820.210.90.890.940.930.830.860.870.10.80.850.410.90.94-0.13
0.990.980.830.910.860.950.670.880.520.920.390.990.990.960.940.940.870.980.060.970.690.590.90.990.13
0.990.970.80.890.920.970.670.940.580.880.30.990.980.990.980.950.920.970.120.950.780.550.940.990.03
0.10.140.050.15-0.18-0.080.23-0.16-0.220.250.690.080.15-0.04-0.060.040.120.120.050.19-0.510.19-0.130.130.03
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Choice International Account Relationship Matchups

Choice International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B6.6B9.8B11.1B18.1B19.0B
Total Stockholder Equity2.1B2.6B4.1B4.8B6.3B6.6B
Property Plant And Equipment Net722.2M712.4M726.0M957.5M1.0B1.1B
Net Debt1.1B1.2B1.9B1.2B3.1B3.3B
Cash373.3M302.5M256.2M873.3M1.5B1.5B
Non Current Assets Total1.2B1.0B1.2B2.4B3.9B4.1B
Non Currrent Assets Other1.3B175.6M4.2B5.9B2.5B2.6B
Cash And Short Term Investments1.6B389.7M498.4M5.9B1.9B2.0B
Common Stock Shares Outstanding101.4M156.3M177.4M199.9M200.6M210.6M
Liabilities And Stockholders Equity5.0B6.6B9.8B11.1B18.1B19.0B
Total Liab2.9B3.9B5.7B6.3B11.7B12.2B
Total Current Assets3.9B5.5B8.5B8.7B14.1B14.8B
Non Current Liabilities Total157.2M354.6M489.4M1.2B2.6B2.7B
Short Long Term Debt Total1.4B1.5B2.2B2.1B4.6B4.8B
Other Current Liab(1.5B)(1.4B)3.2B3.6B6.4B6.8B
Total Current Liabilities2.7B3.6B5.2B5.1B9.1B9.5B
Accounts Payable72.3M137.8M174.7M280.5M270.6M157.3M
Net Receivables2.1B3.4B4.2B2.8B6.6B6.9B
Other Current Assets2.3B45.4M(8.0B)7.2B12.2B12.8B
Short Term Debt1.4B1.3B1.8B1.2B2.3B1.3B
Intangible Assets59.8M50.1M55.9M257.3M270.5M284.0M
Current Deferred Revenue1.3B2.2B3.2B3.1B6.1B6.4B
Retained Earnings580.3M731.0M1.2B1.8B3.2B3.4B
Inventory(2.1B)1.7B3.6B(131.6M)(151.3M)(143.7M)
Accumulated Other Comprehensive Income712.5M623.4M511.0M611.7M667.7M555.4M
Short Term Investments1.2B87.2M242.2M5.0B464.4M441.2M

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Other Information on Investing in Choice Stock

Balance Sheet is a snapshot of the financial position of Choice International at a specified time, usually calculated after every quarter, six months, or one year. Choice International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Choice International 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 Choice currently owns. An asset can also be divided into two categories, current and non-current.