| LEU Stock | | | USD 82.49 1.04 1.28% |
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 Total Operating Expenses and its Interest Expense 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.
Total Operating Expenses vs Interest Expense
Total Operating Expenses vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centrus Energy Total Operating Expenses account and
Interest Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centrus Energy's Total Operating Expenses and Interest Expense is 0.76. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Expense 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 Total Operating Expenses 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 Operating Expenses of Centrus Energy 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 Operating Expenses i.e., Centrus Energy's Total Operating Expenses and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 Expenses | 46.2M | 57.7M | 35.6M | 33.8M | Cost Of Revenue | 183.8M | 175.9M | 208.1M | 197.7M |
Centrus Energy fundamental ratios Correlations
Click cells to compare fundamentals
Centrus Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centrus Energy fundamental ratios Accounts
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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.