Centrus Intangible Assets vs Property Plant Equipment Analysis

LEU Stock  USD 71.57  1.04  1.43%   
Centrus Energy financial indicator trend analysis is way more than just evaluating Centrus Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrus Energy is a good investment. Please check the relationship between Centrus Energy Intangible Assets and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Centrus Energy. 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.
For more information on how to buy Centrus Stock please use our How to Invest in Centrus Energy guide.

Intangible Assets vs Property Plant Equipment

Intangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrus Energy Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Centrus Energy's Intangible Assets and Property Plant Equipment is -0.41. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Centrus Energy, assuming nothing else is changed. The correlation between historical values of Centrus Energy's Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Centrus Energy are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Centrus Energy's Intangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant Equipment

Most indicators from Centrus Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrus Energy 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Centrus Energy. 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.
For more information on how to buy Centrus Stock please use our How to Invest in Centrus Energy guide.At this time, Centrus Energy's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 4.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.80 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses46.2M57.7M35.6M33.8M
Cost Of Revenue183.8M175.9M208.1M197.7M

Centrus Energy fundamental ratios Correlations

-0.74-0.81-0.76-0.73-0.36-0.45-0.020.2-0.51-0.41-0.54-0.53-0.41-0.82-0.69-0.6-0.830.5-0.83-0.76-0.46-0.79-0.51-0.68-0.62
-0.740.850.750.640.720.68-0.140.20.430.530.820.750.530.90.870.630.92-0.170.90.710.70.970.190.870.58
-0.810.850.810.740.410.480.08-0.110.410.390.590.560.390.780.720.730.9-0.470.810.820.490.880.510.710.73
-0.760.750.810.980.120.610.43-0.470.330.050.510.210.050.730.740.690.92-0.340.840.980.610.790.490.740.72
-0.730.640.740.98-0.010.50.48-0.610.26-0.010.370.11-0.010.670.610.570.84-0.330.790.950.50.70.610.610.64
-0.360.720.410.12-0.010.37-0.710.780.310.810.680.940.810.680.520.110.440.180.550.040.390.66-0.160.52-0.01
-0.450.680.480.610.50.370.370.11-0.07-0.130.910.24-0.130.450.660.680.66-0.210.460.621.00.51-0.020.660.66
-0.02-0.140.080.430.48-0.710.37-0.73-0.32-0.870.01-0.7-0.87-0.270.030.450.15-0.36-0.120.520.34-0.190.230.030.55
0.20.2-0.11-0.47-0.610.780.11-0.73-0.010.530.410.630.530.090.06-0.17-0.140.3-0.09-0.510.130.08-0.520.06-0.3
-0.510.430.410.330.260.31-0.07-0.32-0.010.560.070.410.560.490.670.390.51-0.080.570.34-0.050.57-0.170.670.21
-0.410.530.390.05-0.010.81-0.13-0.870.530.560.230.881.00.670.35-0.10.330.160.56-0.05-0.10.610.060.34-0.2
-0.540.820.590.510.370.680.910.010.410.070.230.60.230.620.710.610.69-0.160.560.510.920.66-0.020.710.55
-0.530.750.560.210.110.940.24-0.70.630.410.880.60.880.760.530.160.530.050.640.140.270.740.070.520.08
-0.410.530.390.05-0.010.81-0.13-0.870.530.561.00.230.880.670.35-0.10.330.160.56-0.05-0.10.610.060.34-0.2
-0.820.90.780.730.670.680.45-0.270.090.490.670.620.760.670.730.380.85-0.140.950.640.460.950.390.730.36
-0.690.870.720.740.610.520.660.030.060.670.350.710.530.350.730.780.91-0.140.820.740.670.86-0.11.00.64
-0.60.630.730.690.570.110.680.45-0.170.39-0.10.610.16-0.10.380.780.75-0.520.480.80.680.570.020.780.95
-0.830.920.90.920.840.440.660.15-0.140.510.330.690.530.330.850.910.75-0.280.920.90.660.930.310.90.71
0.5-0.17-0.47-0.34-0.330.18-0.21-0.360.3-0.080.16-0.160.050.16-0.14-0.14-0.52-0.28-0.12-0.44-0.2-0.16-0.4-0.13-0.64
-0.830.90.810.840.790.550.46-0.12-0.090.570.560.560.640.560.950.820.480.92-0.120.760.480.960.370.810.45
-0.760.710.820.980.950.040.620.52-0.510.34-0.050.510.14-0.050.640.740.80.9-0.440.760.620.730.450.740.83
-0.460.70.490.610.50.391.00.340.13-0.05-0.10.920.27-0.10.460.670.680.66-0.20.480.620.52-0.020.670.65
-0.790.970.880.790.70.660.51-0.190.080.570.610.660.740.610.950.860.570.93-0.160.960.730.520.280.860.52
-0.510.190.510.490.61-0.16-0.020.23-0.52-0.170.06-0.020.070.060.39-0.10.020.31-0.40.370.45-0.020.28-0.110.21
-0.680.870.710.740.610.520.660.030.060.670.340.710.520.340.731.00.780.9-0.130.810.740.670.86-0.110.64
-0.620.580.730.720.64-0.010.660.55-0.30.21-0.20.550.08-0.20.360.640.950.71-0.640.450.830.650.520.210.64
Click cells to compare fundamentals

Centrus Energy Account Relationship Matchups

Centrus Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding9.6M10.1M13.9M15.0M15.5M16.3M
Total Assets455.9M486.3M572.4M705.5M796.2M1.5B
Short Long Term Debt Total120.2M114.1M107.9M150.5M174.5M345.2M
Other Current Liab13.7M48.2M40.4M117.1M160.6M244.1M
Total Current Liabilities336.8M366.1M393.3M449.2M471.1M523.5M
Total Stockholder Equity(336.9M)(320.6M)(141.9M)(74.1M)32.3M30.7M
Net Debt(10.5M)(37.9M)(85.9M)(29.4M)(26.7M)(25.4M)
Retained Earnings(405M)(407.7M)(284.6M)(233.9M)(149.5M)(157.0M)
Accounts Payable50.7M26.2M42.8M49.5M6.1M5.8M
Cash130.7M152M193.8M179.9M201.2M197.0M
Non Current Assets Total86.3M80.2M106.5M118.4M110.8M105.3M
Non Currrent Assets Other13.1M4.9M2.3M8.1M35.9M34.1M
Cash And Short Term Investments130.7M152M193.8M179.9M201.2M197.0M
Net Receivables21.1M29.6M29.1M38.1M49.4M46.9M
Liabilities And Stockholders Equity455.9M486.3M572.4M705.5M796.2M1.5B
Non Current Liabilities Total456M440.8M321M330.4M292.8M555.9M
Inventory64.5M64.8M91.1M209.2M306.4M291.1M
Other Current Assets9M159.7M151.9M159.9M128.4M76.5M
Other Stockholder Equity61.5M85M140.7M158.1M180.5M171.5M
Total Liab792.8M806.9M714.3M779.6M763.9M1.1B
Property Plant And Equipment Gross3.7M4M8.3M9.1M11.3M10.7M
Total Current Assets369.6M406.1M465.9M587.1M685.4M1.1B
Accumulated Other Comprehensive Income(100K)1.1M800K500K(300K)(315K)
Short Term Debt6.1M8.5M7M9.4M21.8M20.7M
Other Liab334.9M328.5M219.2M179.9M206.9M411.2M
Other Assets5.9M14M46.5M67.2M60.5M57.5M
Long Term Debt114.1M108M101.8M95.7M152.7M267.3M
Property Plant Equipment3.7M9.5M5.3M5.5M5.0M4.7M
Current Deferred Revenue266.3M283.2M303.1M273.2M282.6M188.8M
Intangible Assets69.5M62.8M54.7M45.7M39.4M44.0M
Net Tangible Assets(752.4M)(383.5M)(196.6M)(119.8M)(107.8M)(113.2M)
Retained Earnings Total Equity(405M)(407.7M)(284.6M)(233.9M)(269.0M)(282.4M)
Long Term Debt Total114.1M108M101.8M95.7M86.1M81.8M
Capital Surpluse61.5M85M140.7M158.1M142.3M135.2M

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Additional Tools for Centrus Stock Analysis

When running Centrus Energy's price analysis, check to measure Centrus 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 Centrus Energy is operating at the current time. Most of Centrus Energy's value examination focuses on studying past and present price action to predict the probability of Centrus 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 Centrus Energy's price. Additionally, you may evaluate how the addition of Centrus Energy to your portfolios can decrease your overall portfolio volatility.