Century Aluminum Financials

CENX Stock  USD 14.78  0.77  5.50%   
Based on the analysis of Century Aluminum's profitability, liquidity, and operating efficiency, Century Aluminum is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April.
With this module, you can analyze Century financials for your investing period. You should be able to track the changes in Century Aluminum individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Century Aluminum Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Century Aluminum's financial statements are interrelated, with each one affecting the others. For example, an increase in Century Aluminum's assets may result in an increase in income on the income statement.
Evaluating Century Aluminum's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Century Aluminum's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Century Aluminum's relative financial performance

Chance Of Distress

Less than 36

 
100  
 
Zero
Below Average
Century Aluminum has less than 36 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Century Aluminum stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Century Aluminum's odds of distress score SHOULD NOT be confused with the real chance of Century Aluminum filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Century is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Century Aluminum's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Century Aluminum's official financial statements usually reflect Century Aluminum's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Century Aluminum. For example, before you start analyzing numbers published by Century accountants, it's critical to develop an understanding of what Century Aluminum's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Century Aluminum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Century Aluminum's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Century Aluminum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Century Aluminum. Please utilize our Beneish M Score to check the likelihood of Century Aluminum's management manipulating its earnings.

Century Aluminum Company Summary

Century Aluminum competes with Chemours, CF Industries, Dupont De, FutureFuel Corp, and NioCorp Developments. Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was incorporated in 1981 and is headquartered in Chicago, Illinois. Century Aluminum operates under Aluminum classification in the United States and is traded on NASDAQ Exchange. It employs 2512 people.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000949157
ISINUS1564311082
CUSIP156431108
RegionNorth America
LocationIllinois; U.S.A
Business AddressOne South Wacker
SectorMetals & Mining
IndustryMaterials
BenchmarkNYSE Composite
Websitecenturyaluminum.com
Phone312 696 3101
CurrencyUSD - US Dollar
You should never invest in Century Aluminum without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Century Stock, because this is throwing your money away. Analyzing the key information contained in Century Aluminum's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Century Aluminum Key Financial Ratios

Generally speaking, Century Aluminum's financial ratios allow both analysts and investors to convert raw data from Century Aluminum's financial statements into concise, actionable information that can be used to evaluate the performance of Century Aluminum over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Century Aluminum reports annually and quarterly.

Century Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Century Aluminum's current stock value. Our valuation model uses many indicators to compare Century Aluminum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Century Aluminum competition to find correlations between indicators driving Century Aluminum's intrinsic value. More Info.
Century Aluminum is rated below average in revenue category among related companies. It is number one stock in beta category among related companies . The ratio of Revenue to Beta for Century Aluminum is about  819,729,932 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Century Aluminum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Century Aluminum's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Century Aluminum's earnings, one of the primary drivers of an investment's value.

Century Aluminum Systematic Risk

Century Aluminum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Century Aluminum volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Century Aluminum correlated with the market. If Beta is less than 0 Century Aluminum generally moves in the opposite direction as compared to the market. If Century Aluminum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Century Aluminum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Century Aluminum is generally in the same direction as the market. If Beta > 1 Century Aluminum moves generally in the same direction as, but more than the movement of the benchmark.

About Century Aluminum Financials

What exactly are Century Aluminum Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Century Aluminum's income statement, its balance sheet, and the statement of cash flows. Potential Century Aluminum investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Century Aluminum investors may use each financial statement separately, they are all related. The changes in Century Aluminum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Century Aluminum'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Century Aluminum Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Century Aluminum is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Century has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Century Aluminum's financials are consistent with your investment objective using the following steps:
  • Review Century Aluminum's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Century Aluminum's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Century Aluminum's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Century Aluminum's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Century Aluminum Thematic Clasifications

Century Aluminum is part of several thematic ideas from Aggressive Defence to Steel Works Etc. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

Century Aluminum March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Century Aluminum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Century Aluminum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Century Aluminum based on widely used predictive technical indicators. In general, we focus on analyzing Century Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Century Aluminum's daily price indicators and compare them against related drivers.
When determining whether Century Aluminum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Century Aluminum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Century Aluminum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Century Aluminum Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Century Stock analysis

When running Century Aluminum's price analysis, check to measure Century Aluminum'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 Century Aluminum is operating at the current time. Most of Century Aluminum's value examination focuses on studying past and present price action to predict the probability of Century Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Aluminum's price. Additionally, you may evaluate how the addition of Century Aluminum to your portfolios can decrease your overall portfolio volatility.
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Is Century Aluminum'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 Century Aluminum. If investors know Century 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 Century Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Century Aluminum is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Century Aluminum'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 Century Aluminum's market value can be influenced by many factors that don't directly affect Century Aluminum'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 Century Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Aluminum'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.