CGX Income Before Tax vs Selling General Administrative Analysis

OYL Stock

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CGX Energy financial indicator trend analysis is way more than just evaluating CGX Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CGX Energy is a good investment. Please check the relationship between CGX Energy Income Before Tax and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CGX 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 board of governors.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGX Energy Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CGX Energy's Income Before Tax and Selling General Administrative is -0.44. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of CGX Energy, assuming nothing else is changed. The correlation between historical values of CGX Energy's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of CGX Energy are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., CGX Energy's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CGX Energy income statement and is an important metric when analyzing CGX Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

Most indicators from CGX Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CGX 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in CGX 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 board of governors.

Selling General Administrative is likely to drop to 3,961 in 2025. Sales General And Administrative To Revenue is likely to drop to 54.20 in 2025

	2022	2023	2024	2025 (projected)
Other Operating Expenses	6.9M	2.6K	3.0K	2.9K
Interest Expense	4.2M	567.3K	652.4K	1.2M

Other Operating Expenses Interest Expense

CGX Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Non Current Liabilities Total	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Short Term Investments	Other Liab	Net Tangible Assets	Inventory	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.06	0.92	0.88	0.03	0.88	0.59	0.22	0.08	0.61	0.05	0.81	0.52	0.37	0.16	-0.67	0.18	0.72	0.71	0.2	0.03	0.63	-0.61	0.64	0.16	0.42
Total Current Liabilities	0.06		-0.33	0.22	-0.57	0.22	0.38	-0.24	-0.09	-0.16	1.0	-0.18	0.3	-0.1	-0.02	0.52	0.95	-0.23	-0.23	-0.43	-0.61	-0.43	0.35	0.26	0.53	-0.01
Total Stockholder Equity	0.92	-0.33		0.74	0.26	0.74	0.41	0.31	0.11	0.65	-0.34	0.84	0.36	0.38	0.16	-0.84	-0.19	0.78	0.77	0.36	0.28	0.75	-0.71	0.52	-0.06	0.38
Property Plant And Equipment Net	0.88	0.22	0.74		-0.29	1.0	0.68	0.03	0.08	0.17	0.21	0.43	0.76	0.59	0.13	-0.29	0.39	0.3	0.29	-0.16	-0.23	0.68	-0.66	0.8	0.37	0.61
Retained Earnings	0.03	-0.57	0.26	-0.29		-0.29	-0.27	0.43	0.02	0.48	-0.59	0.41	-0.77	-0.32	-0.2	-0.51	-0.65	0.47	0.48	0.93	0.84	0.2	-0.29	-0.15	-0.65	-0.48
Non Current Assets Total	0.88	0.22	0.74	1.0	-0.29		0.68	0.03	0.08	0.17	0.21	0.43	0.76	0.59	0.13	-0.29	0.39	0.3	0.29	-0.16	-0.23	0.68	-0.66	0.8	0.37	0.61
Net Receivables	0.59	0.38	0.41	0.68	-0.27	0.68		-0.13	0.42	0.01	0.38	0.26	0.42	0.32	0.46	-0.04	0.48	0.12	0.09	-0.14	-0.23	0.53	-0.47	0.86	0.34	0.5
Common Stock Shares Outstanding	0.22	-0.24	0.31	0.03	0.43	0.03	-0.13		-0.13	0.47	-0.25	0.38	-0.26	-0.22	-0.09	-0.45	-0.21	0.42	0.43	0.32	0.66	0.2	-0.29	-0.04	-0.45	-0.33
Other Current Assets	0.08	-0.09	0.11	0.08	0.02	0.08	0.42	-0.13		-0.08	-0.11	0.04	0.02	0.55	0.91	-0.03	0.03	-0.06	-0.07	0.12	-0.05	0.31	-0.39	0.28	0.16	0.24
Other Stockholder Equity	0.61	-0.16	0.65	0.17	0.48	0.17	0.01	0.47	-0.08		-0.17	0.93	-0.15	-0.25	0.01	-0.87	-0.18	0.97	0.97	0.61	0.42	0.07	-0.11	-0.06	-0.32	-0.25
Total Liab	0.05	1.0	-0.34	0.21	-0.59	0.21	0.38	-0.25	-0.11	-0.17		-0.19	0.31	-0.11	-0.02	0.52	0.95	-0.23	-0.23	-0.44	-0.63	-0.44	0.37	0.24	0.55	0.01
Total Current Assets	0.81	-0.18	0.84	0.43	0.41	0.43	0.26	0.38	0.04	0.93	-0.19		0.06	-0.02	0.13	-0.92	-0.14	0.98	0.98	0.57	0.34	0.35	-0.34	0.2	-0.15	0.05
Common Stock	0.52	0.3	0.36	0.76	-0.77	0.76	0.42	-0.26	0.02	-0.15	0.31	0.06		0.62	0.21	0.02	0.49	-0.05	-0.06	-0.66	-0.66	0.32	-0.2	0.44	0.61	0.74
Other Current Liab	0.37	-0.1	0.38	0.59	-0.32	0.59	0.32	-0.22	0.55	-0.25	-0.11	-0.02	0.62		0.48	-0.04	0.12	-0.13	-0.14	-0.2	-0.36	0.58	-0.6	0.51	0.44	0.67
Non Current Liabilities Total	0.16	-0.02	0.16	0.13	-0.2	0.13	0.46	-0.09	0.91	0.01	-0.02	0.13	0.21	0.48		-0.11	0.11	0.03	0.02	-0.11	-0.16	0.22	-0.25	0.21	0.21	0.3
Net Debt	-0.67	0.52	-0.84	-0.29	-0.51	-0.29	-0.04	-0.45	-0.03	-0.87	0.52	-0.92	0.02	-0.04	-0.11		0.45	-0.94	-0.93	-0.61	-0.47	-0.43	0.39	-0.06	0.3	-0.08
Accounts Payable	0.18	0.95	-0.19	0.39	-0.65	0.39	0.48	-0.21	0.03	-0.18	0.95	-0.14	0.49	0.12	0.11	0.45		-0.23	-0.23	-0.48	-0.7	-0.25	0.2	0.37	0.59	0.2
Cash	0.72	-0.23	0.78	0.3	0.47	0.3	0.12	0.42	-0.06	0.97	-0.23	0.98	-0.05	-0.13	0.03	-0.94	-0.23		1.0	0.61	0.4	0.25	-0.24	0.08	-0.22	-0.06
Cash And Short Term Investments	0.71	-0.23	0.77	0.29	0.48	0.29	0.09	0.43	-0.07	0.97	-0.23	0.98	-0.06	-0.14	0.02	-0.93	-0.23	1.0		0.62	0.41	0.23	-0.24	0.06	-0.23	-0.08
Short Term Investments	0.2	-0.43	0.36	-0.16	0.93	-0.16	-0.14	0.32	0.12	0.61	-0.44	0.57	-0.66	-0.2	-0.11	-0.61	-0.48	0.61	0.62		0.65	0.19	-0.28	-0.05	-0.45	-0.33
Other Liab	0.03	-0.61	0.28	-0.23	0.84	-0.23	-0.23	0.66	-0.05	0.42	-0.63	0.34	-0.66	-0.36	-0.16	-0.47	-0.7	0.4	0.41	0.65		0.27	-0.39	-0.11	-0.74	-0.54
Net Tangible Assets	0.63	-0.43	0.75	0.68	0.2	0.68	0.53	0.2	0.31	0.07	-0.44	0.35	0.32	0.58	0.22	-0.43	-0.25	0.25	0.23	0.19	0.27		-0.93	0.71	0.0	0.58
Inventory	-0.61	0.35	-0.71	-0.66	-0.29	-0.66	-0.47	-0.29	-0.39	-0.11	0.37	-0.34	-0.2	-0.6	-0.25	0.39	0.2	-0.24	-0.24	-0.28	-0.39	-0.93		-0.72	0.06	-0.36
Property Plant Equipment	0.64	0.26	0.52	0.8	-0.15	0.8	0.86	-0.04	0.28	-0.06	0.24	0.2	0.44	0.51	0.21	-0.06	0.37	0.08	0.06	-0.05	-0.11	0.71	-0.72		0.35	0.52
Short Long Term Debt Total	0.16	0.53	-0.06	0.37	-0.65	0.37	0.34	-0.45	0.16	-0.32	0.55	-0.15	0.61	0.44	0.21	0.3	0.59	-0.22	-0.23	-0.45	-0.74	0.0	0.06	0.35		0.66
Current Deferred Revenue	0.42	-0.01	0.38	0.61	-0.48	0.61	0.5	-0.33	0.24	-0.25	0.01	0.05	0.74	0.67	0.3	-0.08	0.2	-0.06	-0.08	-0.33	-0.54	0.58	-0.36	0.52	0.66

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CGX Energy Account Relationship Matchups

CGX Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	39.2M	134.1M	93.0M	84.9M	97.6M	102.5M
Total Current Liabilities	14.6M	60.4M	27.7M	21.2M	24.4M	17.1M
Total Stockholder Equity	24.6M	73.6M	65.3M	63.4M	72.9M	76.6M
Property Plant And Equipment Net	27.0M	104.8M	68.0M	76.3M	87.7M	92.1M
Retained Earnings	(297.9M)	(310.6M)	(320.6M)	(323.8M)	(291.4M)	(276.8M)
Non Current Assets Total	27.0M	104.8M	68.0M	76.3M	87.7M	92.1M
Net Receivables	221.3K	8.6M	5.8M	1.5M	1.8M	978.0K
Common Stock Shares Outstanding	230.3K	272.7K	334.5K	338.2K	304.4K	289.2K
Liabilities And Stockholders Equity	39.2M	134.1M	93.0M	84.9M	97.6M	102.5M
Other Current Assets	311.77	11.3K	6.9M	700.4K	630.4K	598.9K
Other Stockholder Equity	26.0M	28.1M	29.8M	(0.08)	(0.072)	(0.0684)
Total Liab	14.6M	60.4M	27.7M	21.5M	24.7M	17.4M
Total Current Assets	12.2M	29.3M	25.0M	8.6M	9.9M	16.7M
Common Stock	287.3M	296.5M	356.0M	358.2M	411.9M	432.5M
Other Current Liab	13.6K	6.4K	0.0	884.4K	796.0K	669.4K
Net Debt	(11.8M)	1.3M	(12.4M)	(6.4M)	(7.4M)	(7.7M)
Accounts Payable	14.6M	41.9M	27.7M	20.3M	23.3M	21.2M
Cash	11.8M	17.2M	12.4M	6.4M	5.8M	5.5M
Cash And Short Term Investments	11.8M	17.2M	12.4M	6.4M	5.8M	5.5M
Accumulated Other Comprehensive Income	26.0K	28.1K	29.9K	29.0M	26.1M	27.4M
Net Tangible Assets	18.1M	24.6M	73.6M	65.3M	75.1M	78.9M
Property Plant Equipment	23.9M	27.0M	104.8M	68.0M	78.2M	46.1M
Net Invested Capital	24.6M	92.2M	65.3M	63.4M	72.9M	42.1M
Net Working Capital	(2.4M)	(31.1M)	(2.6M)	(12.5M)	(14.4M)	(15.2M)
Capital Stock	287.3M	296.5M	356.0M	358.2M	411.9M	350.7M
Property Plant And Equipment Gross	27.7M	105.5M	68.8M	77.0M	88.6M	66.8M

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