Centrex Retained Earnings vs Cash Analysis

CXM Stock

0.02 0.00 0.00%

Centrex Metals financial indicator trend analysis is way more than just evaluating Centrex Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrex Metals is a good investment. Please check the relationship between Centrex Metals Retained Earnings and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centrex Metals. 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrex Metals Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Centrex Metals' Retained Earnings and Cash is 0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Centrex Metals, assuming nothing else is changed. The correlation between historical values of Centrex Metals' Retained Earnings and Cash 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 Centrex Metals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Centrex Metals' Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Cash

Cash refers to the most liquid asset of Centrex Metals, which is listed under current asset account on Centrex Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Centrex Metals customers. The amounts must be unrestricted with restricted cash listed in a different Centrex Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Centrex Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrex Metals 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 Centrex Metals. 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 8.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 10.3 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	2.5M	35.4M	48.9M	51.3M
Depreciation And Amortization	1K	949K	2.8M	2.9M

Other Operating Expenses Depreciation And Amortization

Centrex Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Total Liab	Other Current Liab	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Assets	Property Plant Equipment	Other Stockholder Equity	Other Liab	Non Current Liabilities Total	Non Currrent Assets Other	Short Term Investments
Total Assets		0.15	0.92	0.38	0.13	0.77	0.63	0.27	0.23	0.52	-0.67	0.73	0.67	0.77	0.5	0.29	0.57	0.87	0.26	0.27	0.57	0.02	-0.09	0.62	-0.25	0.38
Total Current Liabilities	0.15		-0.21	-0.73	1.0	0.03	0.24	0.99	0.99	0.71	0.35	-0.2	0.51	-0.41	0.22	0.72	0.49	-0.13	0.86	0.6	0.47	0.89	0.73	0.67	0.03	-0.5
Total Stockholder Equity	0.92	-0.21		0.65	-0.22	0.75	0.55	-0.1	-0.12	0.26	-0.79	0.79	0.4	0.91	0.39	-0.08	0.31	0.92	-0.05	0.04	0.32	-0.31	-0.39	0.34	-0.29	0.56
Retained Earnings	0.38	-0.73	0.65		-0.75	0.47	0.16	-0.66	-0.65	-0.26	-0.71	0.62	-0.24	0.82	-0.21	-0.67	-0.32	0.67	-0.78	-0.38	-0.3	-0.87	-0.79	-0.22	-0.31	0.87
Accounts Payable	0.13	1.0	-0.22	-0.75		0.01	0.22	0.98	0.98	0.69	0.36	-0.21	0.51	-0.42	0.22	0.72	0.49	-0.16	0.87	0.57	0.47	0.9	0.73	0.66	0.06	-0.52
Other Assets	0.77	0.03	0.75	0.47	0.01		0.78	0.15	0.09	0.3	-0.87	0.92	0.39	0.69	0.16	0.02	0.23	0.78	0.02	-0.11	0.24	-0.08	-0.08	0.55	0.15	0.44
Net Receivables	0.63	0.24	0.55	0.16	0.22	0.78		0.33	0.28	0.4	-0.5	0.57	0.42	0.42	0.2	0.17	0.3	0.56	0.26	0.16	0.3	0.17	0.06	0.57	0.01	0.27
Total Liab	0.27	0.99	-0.1	-0.66	0.98	0.15	0.33		0.98	0.75	0.25	-0.09	0.57	-0.3	0.25	0.72	0.53	-0.02	0.86	0.61	0.52	0.87	0.74	0.79	0.04	-0.42
Other Current Liab	0.23	0.99	-0.12	-0.65	0.98	0.09	0.28	0.98		0.76	0.3	-0.15	0.52	-0.32	0.25	0.7	0.49	-0.05	0.83	0.65	0.47	0.83	0.67	0.68	-0.04	-0.43
Property Plant And Equipment Net	0.52	0.71	0.26	-0.26	0.69	0.3	0.4	0.75	0.76		0.09	0.03	0.75	-0.03	0.42	0.56	0.73	0.19	0.6	0.65	0.72	0.45	0.42	0.7	-0.3	-0.21
Net Debt	-0.67	0.35	-0.79	-0.71	0.36	-0.87	-0.5	0.25	0.3	0.09		-0.99	-0.14	-0.85	0.03	0.26	0.0	-0.82	0.29	0.35	-0.02	0.36	0.38	-0.21	-0.16	-0.63
Cash	0.73	-0.2	0.79	0.62	-0.21	0.92	0.57	-0.09	-0.15	0.03	-0.99		0.24	0.82	0.01	-0.14	0.09	0.83	-0.16	-0.26	0.1	-0.23	-0.27	0.34	0.17	0.58
Non Current Assets Total	0.67	0.51	0.4	-0.24	0.51	0.39	0.42	0.57	0.52	0.75	-0.14	0.24		0.09	0.62	0.75	0.98	0.24	0.64	0.43	0.98	0.49	0.34	0.65	0.0	-0.29
Cash And Short Term Investments	0.77	-0.41	0.91	0.82	-0.42	0.69	0.42	-0.3	-0.32	-0.03	-0.85	0.82	0.09		0.1	-0.29	-0.02	0.96	-0.34	-0.11	-0.01	-0.5	-0.53	0.18	-0.31	0.81
Common Stock Total Equity	0.5	0.22	0.39	-0.21	0.22	0.16	0.2	0.25	0.25	0.42	0.03	0.01	0.62	0.1		0.55	0.63	0.17	0.54	0.32	0.63	0.2	0.24	0.31	-0.08	-0.41
Common Stock Shares Outstanding	0.29	0.72	-0.08	-0.67	0.72	0.02	0.17	0.72	0.7	0.56	0.26	-0.14	0.75	-0.29	0.55		0.77	-0.11	0.8	0.54	0.74	0.76	0.63	0.53	0.06	-0.56
Property Plant And Equipment Gross	0.57	0.49	0.31	-0.32	0.49	0.23	0.3	0.53	0.49	0.73	0.0	0.09	0.98	-0.02	0.63	0.77		0.11	0.64	0.48	1.0	0.49	0.34	0.56	-0.05	-0.38
Total Current Assets	0.87	-0.13	0.92	0.67	-0.16	0.78	0.56	-0.02	-0.05	0.19	-0.82	0.83	0.24	0.96	0.17	-0.11	0.11		-0.11	0.06	0.12	-0.28	-0.35	0.4	-0.32	0.73
Common Stock	0.26	0.86	-0.05	-0.78	0.87	0.02	0.26	0.86	0.83	0.6	0.29	-0.16	0.64	-0.34	0.54	0.8	0.64	-0.11		0.55	0.63	0.91	0.75	0.63	0.17	-0.66
Other Current Assets	0.27	0.6	0.04	-0.38	0.57	-0.11	0.16	0.61	0.65	0.65	0.35	-0.26	0.43	-0.11	0.32	0.54	0.48	0.06	0.55		0.47	0.49	0.37	0.48	-0.4	-0.2
Property Plant Equipment	0.57	0.47	0.32	-0.3	0.47	0.24	0.3	0.52	0.47	0.72	-0.02	0.1	0.98	-0.01	0.63	0.74	1.0	0.12	0.63	0.47		0.48	0.32	0.55	-0.05	-0.37
Other Stockholder Equity	0.02	0.89	-0.31	-0.87	0.9	-0.08	0.17	0.87	0.83	0.45	0.36	-0.23	0.49	-0.5	0.2	0.76	0.49	-0.28	0.91	0.49	0.48		0.77	0.56	0.28	-0.66
Other Liab	-0.09	0.73	-0.39	-0.79	0.73	-0.08	0.06	0.74	0.67	0.42	0.38	-0.27	0.34	-0.53	0.24	0.63	0.34	-0.35	0.75	0.37	0.32	0.77		0.6	0.43	-0.67
Non Current Liabilities Total	0.62	0.67	0.34	-0.22	0.66	0.55	0.57	0.79	0.68	0.7	-0.21	0.34	0.65	0.18	0.31	0.53	0.56	0.4	0.63	0.48	0.55	0.56	0.6		0.05	-0.04
Non Currrent Assets Other	-0.25	0.03	-0.29	-0.31	0.06	0.15	0.01	0.04	-0.04	-0.3	-0.16	0.17	0.0	-0.31	-0.08	0.06	-0.05	-0.32	0.17	-0.4	-0.05	0.28	0.43	0.05		-0.43
Short Term Investments	0.38	-0.5	0.56	0.87	-0.52	0.44	0.27	-0.42	-0.43	-0.21	-0.63	0.58	-0.29	0.81	-0.41	-0.56	-0.38	0.73	-0.66	-0.2	-0.37	-0.66	-0.67	-0.04	-0.43

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Centrex Metals Account Relationship Matchups

Centrex Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.0M	14.7M	36.4M	43.1M	54.9M	41.4M
Total Current Liabilities	150K	102K	2.9M	13.9M	27.6M	29.0M
Total Stockholder Equity	12.7M	11.3M	31.7M	24.8M	20.8M	27.1M
Retained Earnings	(32.3M)	(32.3M)	(52.9M)	(62.5M)	(72.0M)	(68.4M)
Accounts Payable	72K	43K	2.7M	7.3M	15.9M	16.7M
Other Assets	323K	510K	1.0	1.2M	1.1M	1.4M
Net Receivables	187K	80K	476K	1.2M	733K	1.4M
Total Liab	312K	3.4M	4.7M	18.3M	34.1M	35.8M
Other Current Liab	78K	59K	255K	2.4M	5.1M	5.3M
Property Plant And Equipment Net	12K	11.9M	141K	28.5M	36.5M	38.3M
Net Debt	(437K)	(1.3M)	(12.7M)	(208K)	5.6M	5.9M
Cash	437K	1.3M	12.8M	6.7M	2.5M	2.4M
Non Current Assets Total	11.0M	12.4M	22.9M	30.0M	38.1M	20.3M
Cash And Short Term Investments	1.8M	2.2M	12.9M	6.7M	2.5M	2.4M
Common Stock Shares Outstanding	355.6M	353.5M	439.6M	611.9M	731.9M	406.0M
Liabilities And Stockholders Equity	13.0M	14.7M	36.4M	43.1M	54.9M	33.2M
Property Plant And Equipment Gross	10.7M	11.9M	22.4M	30.0M	34.5M	17.9M
Total Current Assets	2.0M	2.3M	13.4M	13.1M	16.8M	18.4M
Property Plant Equipment	10.7M	11.9M	22.4M	28.9M	33.2M	17.9M
Other Stockholder Equity	2.6M	1.0	9.8M	12.2M	14.0M	14.7M
Accumulated Other Comprehensive Income	3.7M	1.0M	9.8M	12.2M	2.7M	3.5M
Other Liab	161K	3.3M	1.6M	2.5M	2.9M	3.0M
Non Current Liabilities Total	162K	3.3M	1.7M	4.5M	6.5M	6.8M
Non Currrent Assets Other	(350K)	10.7M	22.3M	960K	1.6M	1.7M
Short Term Investments	1.4M	860K	20K	16K	14.4K	13.7K
Net Tangible Assets	12.7M	11.3M	31.7M	24.8M	22.3M	24.7M
Short Term Debt	4.0M	1.4M	0.0	4.2M	4.2M	7.0M
Cash And Equivalents	437K	1.3M	12.8M	6.7M	7.7M	4.1M
Net Invested Capital	12.7M	11.3M	31.8M	28.4M	25.6M	21.2M
Net Working Capital	1.9M	2.2M	10.5M	(761K)	(684.9K)	(650.7K)
Long Term Investments	350K	323K	510K	563K	647.5K	448.4K

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