CNEY Roe vs Net Income Per Share Analysis

CNEY Stock  USD 0.32  0.02  5.88%   
CN Energy financial indicator trend analysis is way more than just evaluating CN Energy Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CN Energy Group is a good investment. Please check the relationship between CN Energy Roe and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CN Energy 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 income.

Roe vs Net Income Per Share

Roe vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CN Energy Group Roe account and Net Income Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CN Energy's Roe and Net Income Per Share is 0.82. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of CN Energy Group, assuming nothing else is changed. The correlation between historical values of CN Energy's Roe and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of CN Energy Group are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roe i.e., CN Energy's Roe and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Roe

Net Income Per Share

Most indicators from CN Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CN Energy Group 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 CN Energy 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 income.
Selling General Administrative is likely to rise to about 6.9 M in 2024, despite the fact that Tax Provision is likely to grow to (189.9 K).
 2021 2022 2023 2024 (projected)
Gross Profit3.6M788.7K709.8K674.3K
Total Revenue40.2M57.9M66.6M69.9M

CN Energy fundamental ratios Correlations

0.470.781.00.850.970.540.550.130.840.070.960.920.960.080.83-0.74-0.670.90.20.930.791.00.890.890.99
0.470.770.40.580.27-0.25-0.460.70.230.90.230.550.570.90.38-0.15-0.50.10.920.440.780.40.580.630.38
0.780.770.730.80.670.260.030.330.680.550.650.70.760.520.64-0.33-0.550.580.580.761.00.730.820.90.73
1.00.40.730.840.980.560.620.10.83-0.020.970.930.950.00.85-0.74-0.670.910.130.930.731.00.880.871.0
0.850.580.80.840.730.150.280.430.50.250.710.930.930.320.96-0.33-0.730.60.450.90.810.840.990.980.82
0.970.270.670.980.730.680.72-0.060.9-0.151.00.830.87-0.150.76-0.8-0.610.97-0.040.890.670.980.790.780.99
0.54-0.250.260.560.150.680.74-0.750.84-0.480.710.260.28-0.560.18-0.670.070.82-0.480.440.240.560.190.240.6
0.55-0.460.030.620.280.720.74-0.480.61-0.790.740.40.42-0.780.47-0.62-0.270.8-0.690.50.030.610.330.270.63
0.130.70.330.10.43-0.06-0.75-0.48-0.320.66-0.10.370.380.740.360.2-0.65-0.270.730.160.350.090.430.370.04
0.840.230.680.830.50.90.840.61-0.32-0.080.910.580.65-0.160.46-0.77-0.290.94-0.080.720.670.830.550.620.86
0.070.90.55-0.020.25-0.15-0.48-0.790.66-0.08-0.180.150.170.980.010.2-0.17-0.290.950.060.56-0.020.230.31-0.04
0.960.230.650.970.711.00.710.74-0.10.91-0.180.80.85-0.190.74-0.8-0.590.98-0.080.870.650.970.760.760.98
0.920.550.70.930.930.830.260.40.370.580.150.80.990.230.93-0.58-0.740.690.370.910.710.920.950.910.9
0.960.570.760.950.930.870.280.420.380.650.170.850.990.230.92-0.62-0.780.740.360.920.770.950.960.920.93
0.080.90.520.00.32-0.15-0.56-0.780.74-0.160.98-0.190.230.230.110.22-0.23-0.320.980.10.530.00.30.35-0.03
0.830.380.640.850.960.760.180.470.360.460.010.740.930.920.11-0.37-0.750.630.250.890.650.850.960.910.82
-0.74-0.15-0.33-0.74-0.33-0.8-0.67-0.620.2-0.770.2-0.8-0.58-0.620.22-0.370.34-0.790.14-0.65-0.33-0.75-0.42-0.37-0.76
-0.67-0.5-0.55-0.67-0.73-0.610.07-0.27-0.65-0.29-0.17-0.59-0.74-0.78-0.23-0.750.34-0.46-0.27-0.65-0.57-0.67-0.78-0.69-0.64
0.90.10.580.910.60.970.820.8-0.270.94-0.290.980.690.74-0.320.63-0.79-0.46-0.220.80.580.910.650.660.93
0.20.920.580.130.45-0.04-0.48-0.690.73-0.080.95-0.080.370.360.980.250.14-0.27-0.220.230.590.130.420.470.1
0.930.440.760.930.90.890.440.50.160.720.060.870.910.920.10.89-0.65-0.650.80.230.770.930.930.910.93
0.790.781.00.730.810.670.240.030.350.670.560.650.710.770.530.65-0.33-0.570.580.590.770.740.830.910.73
1.00.40.731.00.840.980.560.610.090.83-0.020.970.920.950.00.85-0.75-0.670.910.130.930.740.880.871.0
0.890.580.820.880.990.790.190.330.430.550.230.760.950.960.30.96-0.42-0.780.650.420.930.830.880.980.86
0.890.630.90.870.980.780.240.270.370.620.310.760.910.920.350.91-0.37-0.690.660.470.910.910.870.980.85
0.990.380.731.00.820.990.60.630.040.86-0.040.980.90.93-0.030.82-0.76-0.640.930.10.930.731.00.860.85
Click cells to compare fundamentals

CN Energy Account Relationship Matchups

CN Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.4M69.0M94.9M126.2M145.1M152.4M
Other Current Liab946.6K1.9M18.5M2.6M3.0M4.7M
Total Current Liabilities7.7M5.6M30.5M22.5M25.9M14.6M
Total Stockholder Equity23.1M62.7M63.8M103.6M119.1M125.1M
Net Tangible Assets17.2M20.6M62.0M63.3M72.7M39.5M
Property Plant And Equipment Net15.3M19.1M19.9M42.4M48.7M51.2M
Current Deferred Revenue120.4K111.3K96.5K1.2M1.4M1.5M
Net Debt178.3K1.4M(13.8M)7.1M8.2M8.6M
Retained Earnings259.5K394.6K2.4M(3.2M)(3.7M)(3.5M)
Accounts Payable4.8M1.8M7.5M12.6M14.5M15.2M
Cash1.6M190.8K18.0M195.5K224.8K213.6K
Non Current Assets Total16.7M20.1M20.7M53.7M61.8M64.9M
Non Currrent Assets Other593.2K385.2K5.6M4.7M5.4M5.7M
Other Assets599.9K1.6M5.0M5.3M6.2M6.5M
Cash And Short Term Investments1.6M3.3M18.0M195.5K224.8K213.6K
Net Receivables8.7M33.5M18.9M29.0M33.4M17.9M
Liabilities And Stockholders Equity31.4M69.0M94.9M126.2M145.1M152.4M
Non Current Liabilities Total621.3K641.1K698.0K108.3K97.5K92.6K
Inventory2.8M1.1M784.3K41.7M48.0M50.4M
Other Current Assets1.6M11.0M36.5M3.1M3.5M3.4M
Total Liab8.3M6.3M31.2M22.6M26.0M15.0M
Net Invested Capital22.9M64.2M67.9M110.8M127.4M133.8M
Property Plant And Equipment Gross14.4M25.9M27.4M27.2M31.3M21.8M
Total Current Assets14.7M48.9M74.2M72.4M83.3M42.7M
Accumulated Other Comprehensive Income(837.3K)438.4K(6.0M)(8.2M)(7.4M)(7.0M)
Capital Stock15.8M53.0M58.5M106.2M122.1M128.2M
Net Working Capital7.0M43.2M43.8M49.9M57.4M60.3M
Short Term Debt1.7M1.6M3.8M7.3M8.3M8.8M
Intangible Assets1.0M952.6K804.2K6.7M7.7M8.0M
Property Plant Equipment12.8M14.4M14.4M14.9M17.1M14.9M
Short Long Term Debt Total1.7M1.6M4.2M7.3M8.4M8.8M
Short Long Term Debt1.6M1.5M3.7M7.2M8.3M8.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CNEY Stock Analysis

When running CN Energy's price analysis, check to measure CN Energy'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 CN Energy is operating at the current time. Most of CN Energy's value examination focuses on studying past and present price action to predict the probability of CN Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CN Energy's price. Additionally, you may evaluate how the addition of CN Energy to your portfolios can decrease your overall portfolio volatility.