| CNTY Stock | | | USD 4.47 0.19 4.08% |
Century Casinos financial indicator trend analysis is way more than just evaluating Century Casinos prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Casinos is a good investment. Please check the relationship between Century Casinos Total Revenue and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Casinos. 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.
For more information on how to buy Century Stock please use our
How to Invest in Century Casinos guide.
Total Revenue vs Interest Expense
Total Revenue vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Century Casinos Total Revenue account and
Interest Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Century Casinos' Total Revenue and Interest Expense is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Century Casinos, assuming nothing else is changed. The correlation between historical values of Century Casinos' Total Revenue and Interest Expense 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 Revenue of Century Casinos are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Revenue i.e., Century Casinos' Total Revenue and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Century Casinos generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Century Casinos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Casinos 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 Century Casinos. 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.
For more information on how to buy Century Stock please use our
How to Invest in Century Casinos guide.At this time, Century Casinos'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.39 in 2024, despite the fact that
Tax Provision is likely to grow to (835
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 188.8M | 199.1M | 242.8M | 255.0M | Total Revenue | 388.5M | 430.5M | 550.2M | 577.7M |
Century Casinos fundamental ratios Correlations
Click cells to compare fundamentals
Century Casinos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Casinos fundamental ratios Accounts
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Additional Tools for Century Stock Analysis
When running Century Casinos' price analysis, check to
measure Century Casinos' 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 Century Casinos is operating at the current time. Most of Century Casinos' value examination focuses on studying past and present price action to
predict the probability of Century Casinos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Casinos' price. Additionally, you may evaluate how the addition of Century Casinos to your portfolios can decrease your overall portfolio volatility.