CIP Stock | | | 2.87 0.01 0.35% |
Centuria Industrial financial indicator trend analysis is way more than just evaluating Centuria Industrial Reit prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centuria Industrial Reit is a good investment. Please check the relationship between Centuria Industrial Total Stockholder Equity and its Net Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Centuria Industrial Reit. 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 Net Debt
Total Stockholder Equity vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centuria Industrial Reit Total Stockholder Equity account and
Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Centuria Industrial's Total Stockholder Equity and Net Debt is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Centuria Industrial Reit, assuming nothing else is changed. The correlation between historical values of Centuria Industrial's Total Stockholder Equity and Net 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 Total Stockholder Equity of Centuria Industrial Reit are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Centuria Industrial's Total Stockholder Equity and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Centuria Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centuria Industrial Reit 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 Centuria Industrial Reit. 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.
Selling General Administrative is likely to gain to about 88.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 333.3
M in 2024.
Centuria Industrial fundamental ratios Correlations
Click cells to compare fundamentals
Centuria Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centuria Industrial fundamental ratios Accounts
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Additional Tools for Centuria Stock Analysis
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measure Centuria Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centuria Industrial is operating at the current time. Most of Centuria Industrial's value examination focuses on studying past and present price action to
predict the probability of Centuria Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centuria Industrial's price. Additionally, you may evaluate how the addition of Centuria Industrial to your portfolios can decrease your overall portfolio volatility.