Century Aluminum Stock Current Liabilities
| CENX Stock | USD 17.89 0.47 2.70% |
Century Aluminum fundamentals help investors to digest information that contributes to Century Aluminum's financial success or failures. It also enables traders to predict the movement of Century Stock. The fundamental analysis module provides a way to measure Century Aluminum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Century Aluminum stock.
At this time, Century Aluminum's Total Current Liabilities is fairly stable compared to the past year. Non Current Liabilities Other is likely to rise to about 107.4 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 637.5 M in 2024. Century | Current Liabilities |
Century Aluminum Company Current Liabilities Analysis
Century Aluminum's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Century Aluminum Current Liabilities | 167.32 M |
Most of Century Aluminum's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Century Aluminum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Century Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Century Aluminum is extremely important. It helps to project a fair market value of Century Stock properly, considering its historical fundamentals such as Current Liabilities. Since Century Aluminum's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Century Aluminum's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Century Aluminum's interrelated accounts and indicators.
Click cells to compare fundamentals
Century Current Liabilities Historical Pattern
Today, most investors in Century Aluminum Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Century Aluminum's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Century Aluminum current liabilities as a starting point in their analysis.
Century Aluminum Current Liabilities |
| Timeline |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
| Competition |
Century Total Current Liabilities
Total Current Liabilities |
|
In accordance with the recently published financial statements, Century Aluminum has a Current Liabilities of 167.32 M. This is 97.3% lower than that of the Metals & Mining sector and 99.15% lower than that of the Materials industry. The current liabilities for all United States stocks is 97.88% higher than that of the company.
Century Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Century Aluminum's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Century Aluminum could also be used in its relative valuation, which is a method of valuing Century Aluminum by comparing valuation metrics of similar companies.Century Aluminum is currently under evaluation in current liabilities category among related companies.
Century Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | 0.012 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 2 B | ||||
| Shares Outstanding | 92.7 M | ||||
| Shares Owned By Insiders | 44.09 % | ||||
| Shares Owned By Institutions | 65.04 % | ||||
| Number Of Shares Shorted | 7.28 M | ||||
| Price To Earning | 5.08 X | ||||
| Price To Book | 4.29 X | ||||
| Price To Sales | 0.70 X | ||||
| Revenue | 2.19 B | ||||
| Gross Profit | 46.7 M | ||||
| EBITDA | 106.6 M | ||||
| Net Income | (43.1 M) | ||||
| Cash And Equivalents | 64.8 M | ||||
| Cash Per Share | 0.71 X | ||||
| Total Debt | 503.4 M | ||||
| Debt To Equity | 0.99 % | ||||
| Current Ratio | 1.87 X | ||||
| Book Value Per Share | 3.84 X | ||||
| Cash Flow From Operations | 105.6 M | ||||
| Short Ratio | 5.39 X | ||||
| Earnings Per Share | (0.47) X | ||||
| Price To Earnings To Growth | (1.36) X | ||||
| Target Price | 14.0 | ||||
| Number Of Employees | 2.94 K | ||||
| Beta | 2.74 | ||||
| Market Capitalization | 1.66 B | ||||
| Total Asset | 1.85 B | ||||
| Retained Earnings | (2 B) | ||||
| Working Capital | 4.1 M | ||||
| Current Asset | 448.06 M | ||||
| Current Liabilities | 167.32 M | ||||
| Net Asset | 1.85 B |
About Century Aluminum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Century Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Century Aluminum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Century Aluminum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Century Aluminum
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 Century Aluminum 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 Century Aluminum will appreciate offsetting losses from the drop in the long position's value.Moving together with Century Stock
| 0.97 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.92 | KALU | Kaiser Aluminum Earnings Call This Week | PairCorr |
| 0.86 | CSTM | Constellium Nv Earnings Call This Week | PairCorr |
Moving against Century Stock
| 0.74 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.72 | NC | NACCO Industries | PairCorr |
| 0.71 | VALE | Vale SA ADR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Century Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Aluminum 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 Century Aluminum - 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 Century Aluminum to buy it.
The correlation of Century Aluminum 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 Century Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Aluminum 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 Century Aluminum 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 Century Aluminum Piotroski F Score and Century Aluminum Altman Z Score analysis. For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
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.
Quarterly Earnings Growth (0.80) | Earnings Share (0.47) | Revenue Per Share 23.652 | Quarterly Revenue Growth (0.03) | Return On Assets 0.012 |
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.