Celanese Cash Flow Coverage Ratios from 2010 to 2024
| CE Stock | USD 156.38 1.94 1.26% |
Cash Flow Coverage Ratios | First Reported 2010-12-31 | Previous Quarter 0.13787846 | Current Value 0.2 | Quarterly Volatility 0.13220263 |
Check Celanese financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Celanese main balance sheet or income statement drivers, such as Depreciation And Amortization of 739.2 M, Interest Expense of 794.9 M or Selling General Administrative of 607.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0171 or PTB Ratio of 3.15. Celanese financial statements analysis is a perfect complement when working with Celanese Valuation or Volatility modules.
Celanese | Cash Flow Coverage Ratios |
Latest Celanese's Cash Flow Coverage Ratios Growth Pattern
Below is the plot of the Cash Flow Coverage Ratios of Celanese over the last few years. It is Celanese's Cash Flow Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Celanese's overall financial position and show how it may be relating to other accounts over time.
| Cash Flow Coverage Ratios | 10 Years Trend |
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Cash Flow Coverage Ratios |
| Timeline |
Celanese Cash Flow Coverage Ratios Regression Statistics
| Arithmetic Mean | 0.29 | |
| Geometric Mean | 0.27 | |
| Coefficient Of Variation | 45.34 | |
| Mean Deviation | 0.1 | |
| Median | 0.25 | |
| Standard Deviation | 0.13 | |
| Sample Variance | 0.02 | |
| Range | 0.5086 | |
| R-Value | (0.42) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.17 | |
| Significance | 0.12 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.24 |
Celanese Cash Flow Coverage Ratios History
About Celanese Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Celanese income statement, its balance sheet, and the statement of cash flows. Celanese investors use historical funamental indicators, such as Celanese's Cash Flow Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Celanese investors may use each financial statement separately, they are all related. The changes in Celanese's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Celanese's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Celanese Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Celanese. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Flow Coverage Ratios | 0.14 | 0.20 |
Pair Trading with Celanese
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celanese position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celanese will appreciate offsetting losses from the drop in the long position's value.Moving together with Celanese Stock
| 0.65 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
Moving against Celanese Stock
| 0.54 | X | United States Steel | PairCorr |
The ability to find closely correlated positions to Celanese could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celanese when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celanese - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celanese to buy it.
The correlation of Celanese is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celanese moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celanese moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celanese can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Celanese Correlation against competitors. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.Note that the Celanese information on this page should be used as a complementary analysis to other Celanese's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Celanese Stock analysis
When running Celanese's price analysis, check to measure Celanese'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 Celanese is operating at the current time. Most of Celanese's value examination focuses on studying past and present price action to predict the probability of Celanese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celanese's price. Additionally, you may evaluate how the addition of Celanese to your portfolios can decrease your overall portfolio volatility.
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Is Celanese's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celanese. If investors know Celanese will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2.8 | Earnings Share 18.01 | Revenue Per Share 100.506 | Quarterly Revenue Growth 0.094 |
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celanese's market value can be influenced by many factors that don't directly affect Celanese's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.