Condor Capex To Depreciation vs Invested Capital Analysis

CDR Stock   1.72  0.19  9.95%   
Condor Energies financial indicator trend analysis is way more than just evaluating Condor Energies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Condor Energies is a good investment. Please check the relationship between Condor Energies Capex To Depreciation and its Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. 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.

Capex To Depreciation vs Invested Capital

Capex To Depreciation vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Condor Energies Capex To Depreciation account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Condor Energies' Capex To Depreciation and Invested Capital is -0.03. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Condor Energies, assuming nothing else is changed. The correlation between historical values of Condor Energies' Capex To Depreciation and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Condor Energies are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Capex To Depreciation i.e., Condor Energies' Capex To Depreciation and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Condor Energies. There are two different methods for calculating Condor Energies invested capital: operating approach and financing approach. Understanding Condor Energies invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
Most indicators from Condor Energies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Condor Energies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. 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.
As of the 1st of June 2024, Selling General Administrative is likely to grow to about 5.8 M, while Tax Provision is likely to drop (3.2 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation904K902K1.6M2.2M
Total Operating Expenses9.8M7.6M8.3M8.6M

Condor Energies fundamental ratios Correlations

0.121.00.99-0.740.890.94-0.690.95-0.830.990.950.290.83-0.530.99-0.910.56-0.070.470.470.850.470.580.470.7
0.120.030.04-0.27-0.240.2-0.4-0.12-0.160.270.060.880.32-0.350.05-0.03-0.10.870.310.310.590.310.380.310.46
1.00.031.0-0.710.930.93-0.660.97-0.830.970.940.190.83-0.520.99-0.910.54-0.130.460.460.80.460.560.460.67
0.990.041.0-0.690.920.93-0.690.97-0.860.970.920.180.83-0.560.98-0.890.49-0.110.530.530.80.530.60.50.7
-0.74-0.27-0.71-0.69-0.48-0.710.32-0.690.59-0.73-0.75-0.43-0.540.28-0.760.68-0.56-0.09-0.25-0.25-0.75-0.25-0.31-0.25-0.34
0.89-0.240.930.92-0.480.74-0.550.96-0.730.830.83-0.120.81-0.40.88-0.820.43-0.260.330.330.540.330.420.360.52
0.940.20.930.93-0.710.74-0.70.83-0.860.950.880.410.67-0.640.95-0.880.55-0.110.580.580.890.580.710.580.8
-0.69-0.4-0.66-0.690.32-0.55-0.7-0.540.78-0.75-0.53-0.43-0.650.79-0.650.63-0.16-0.2-0.6-0.6-0.75-0.6-0.62-0.74-0.79
0.95-0.120.970.97-0.690.960.83-0.54-0.760.90.910.030.82-0.40.95-0.860.53-0.190.350.350.670.350.430.350.53
-0.83-0.16-0.83-0.860.59-0.73-0.860.78-0.76-0.84-0.63-0.16-0.670.88-0.810.79-0.130.02-0.74-0.74-0.73-0.74-0.81-0.86-0.82
0.990.270.970.97-0.730.830.95-0.750.9-0.840.910.420.86-0.590.97-0.870.510.080.530.530.920.530.650.530.78
0.950.060.940.92-0.750.830.88-0.530.91-0.630.910.330.75-0.260.96-0.90.75-0.150.260.260.790.260.350.190.5
0.290.880.190.18-0.43-0.120.41-0.430.03-0.160.420.330.29-0.220.26-0.250.350.590.160.160.720.160.280.170.43
0.830.320.830.83-0.540.810.67-0.650.82-0.670.860.750.29-0.470.78-0.720.260.350.360.360.740.360.50.410.64
-0.53-0.35-0.52-0.560.28-0.4-0.640.79-0.40.88-0.59-0.26-0.22-0.47-0.490.490.22-0.19-0.82-0.82-0.59-0.82-0.89-0.99-0.87
0.990.050.990.98-0.760.880.95-0.650.95-0.810.970.960.260.78-0.49-0.920.63-0.150.430.430.830.430.540.430.65
-0.91-0.03-0.91-0.890.68-0.82-0.880.63-0.860.79-0.87-0.9-0.25-0.720.49-0.92-0.590.21-0.3-0.3-0.73-0.3-0.46-0.44-0.57
0.56-0.10.540.49-0.560.430.55-0.160.53-0.130.510.750.350.260.220.63-0.59-0.37-0.28-0.280.48-0.28-0.15-0.280.02
-0.070.87-0.13-0.11-0.09-0.26-0.11-0.2-0.190.020.08-0.150.590.35-0.19-0.150.21-0.370.170.170.320.170.210.170.26
0.470.310.460.53-0.250.330.58-0.60.35-0.740.530.260.160.36-0.820.43-0.3-0.280.171.00.531.00.880.790.83
0.470.310.460.53-0.250.330.58-0.60.35-0.740.530.260.160.36-0.820.43-0.3-0.280.171.00.531.00.880.790.83
0.850.590.80.8-0.750.540.89-0.750.67-0.730.920.790.720.74-0.590.83-0.730.480.320.530.530.530.650.530.79
0.470.310.460.53-0.250.330.58-0.60.35-0.740.530.260.160.36-0.820.43-0.3-0.280.171.01.00.530.880.790.83
0.580.380.560.6-0.310.420.71-0.620.43-0.810.650.350.280.5-0.890.54-0.46-0.150.210.880.880.650.880.860.95
0.470.310.460.5-0.250.360.58-0.740.35-0.860.530.190.170.41-0.990.43-0.44-0.280.170.790.790.530.790.860.82
0.70.460.670.7-0.340.520.8-0.790.53-0.820.780.50.430.64-0.870.65-0.570.020.260.830.830.790.830.950.82
Click cells to compare fundamentals

Condor Energies Account Relationship Matchups

Condor Energies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.5M21.5M8.7M10.1M6.8M6.4M
Total Current Liabilities20.3M2.0M2.1M2.0M2.0M1.9M
Total Stockholder Equity22.8M17.1M5.0M6.3M(2.5M)(2.4M)
Retained Earnings(191.6M)(193.6M)(204.9M)(208.0M)(219.4M)(230.4M)
Cash And Short Term Investments2.9M12.3M4.6M3.8M3.4M5.8M
Net Receivables334K278K119K353K21K20.0K
Liabilities And Stockholders Equity45.5M21.5M8.7M10.1M9.1M8.6M
Capital Surpluse21.8M22.1M21.4M21.7M24.9M23.6M
Other Stockholder Equity(79.5M)(83.3M)(84.6M)(83.9M)(75.5M)(79.3M)
Total Liab22.7M4.4M3.7M3.8M9.3M9.9M
Total Current Assets26.8M13.6M5.1M4.4M5.6M9.6M
Property Plant Equipment15.0M4.9M2.8M5.2M4.7M4.5M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. 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.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Condor Stock analysis

When running Condor Energies' price analysis, check to measure Condor Energies' 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 Condor Energies is operating at the current time. Most of Condor Energies' value examination focuses on studying past and present price action to predict the probability of Condor Energies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Condor Energies' price. Additionally, you may evaluate how the addition of Condor Energies to your portfolios can decrease your overall portfolio volatility.
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
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
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
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Please note, there is a significant difference between Condor Energies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Condor Energies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Condor Energies' 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.