Century Income Tax Expense vs Tax Provision Analysis
CENX Stock | USD 17.85 0.63 3.66% |
Century Aluminum financial indicator trend analysis is way more than just evaluating Century Aluminum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Aluminum is a good investment. Please check the relationship between Century Aluminum Income Tax Expense and its Tax Provision accounts. 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.
Income Tax Expense vs Tax Provision
Income Tax Expense vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Aluminum Income Tax Expense account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Century Aluminum's Income Tax Expense and Tax Provision is 0.93. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Century Aluminum, assuming nothing else is changed. The correlation between historical values of Century Aluminum's Income Tax Expense and Tax Provision 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 Tax Expense of Century Aluminum are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Tax Expense i.e., Century Aluminum's Income Tax Expense and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Tax Expense
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from Century Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Aluminum 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 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.Selling General Administrative is likely to drop to about 6.3 M in 2024. Tax Provision is likely to rise to about (36.5 M) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.1B | 2.7B | 2.1B | 1.4B | EBITDA | 152.5M | 98.4M | 106.6M | 146.5M |
Century Aluminum fundamental ratios Correlations
Click cells to compare fundamentals
Century Aluminum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Aluminum fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.4B | 1.6B | 1.5B | 1.8B | 1.6B | |
Short Long Term Debt Total | 319.8M | 340.2M | 474.1M | 548.6M | 503.4M | 380.1M | |
Other Current Liab | 108.8M | 106.4M | 102.1M | 97.3M | 281.7M | 295.8M | |
Total Current Liabilities | 233.7M | 240.3M | 547.4M | 410.7M | 763M | 801.2M | |
Total Stockholder Equity | 675M | 546.1M | 421M | 399.3M | 355.6M | 622.8M | |
Property Plant And Equipment Net | 949.2M | 880.4M | 892.5M | 744.4M | 1.0B | 947.5M | |
Net Debt | 280.9M | 258.6M | 445.1M | 494.3M | 413.1M | 257.9M | |
Retained Earnings | (1.7B) | (1.8B) | (1.9B) | (2.0B) | (2.0B) | (1.9B) | |
Accounts Payable | 97.1M | 106.1M | 186.5M | 167.3M | 249.5M | 262.0M | |
Non Current Assets Total | 1.0B | 943.6M | 951.7M | 794.2M | 1.1B | 1.1B | |
Non Currrent Assets Other | 62.7M | 63.2M | 12.1M | 49.8M | 50.5M | 63.8M | |
Net Receivables | 100.2M | 61.3M | 88.9M | 71.7M | 169.4M | 97.2M | |
Common Stock Shares Outstanding | 88.8M | 89.5M | 90.2M | 91.4M | 92.4M | 65.7M | |
Liabilities And Stockholders Equity | 1.5B | 1.4B | 1.6B | 1.5B | 1.8B | 1.6B | |
Non Current Liabilities Total | 591M | 613.2M | 601.5M | 662M | 739.4M | 637.5M | |
Inventory | 320.6M | 291.1M | 425.6M | 398.8M | 477M | 500.9M | |
Other Current Assets | 27.6M | 22M | 74.7M | 24.5M | 30.4M | 36.0M | |
Other Stockholder Equity | 2.4B | 2.4B | 2.4B | 2.5B | 2.5B | 1.7B | |
Total Liab | 824.7M | 853.5M | 1.1B | 1.1B | 1.5B | 936.7M | |
Property Plant And Equipment Gross | 949.2M | 880.4M | 892.5M | 1.9B | 2.2B | 2.3B | |
Total Current Assets | 487.3M | 456M | 618.2M | 677.8M | 767.1M | 479.0M | |
Accumulated Other Comprehensive Income | (109.8M) | (118.8M) | (82.3M) | (94M) | (97.9M) | (102.8M) | |
Other Liab | 299M | 300.8M | 248.8M | 259.5M | 298.4M | 335.0M | |
Property Plant Equipment | 949.2M | 880.4M | 892.5M | 765.3M | 880.1M | 1.1B | |
Long Term Debt | 249.2M | 243.1M | 329.8M | 381.6M | 430.9M | 243.9M | |
Net Tangible Assets | 675M | 546.1M | 421M | 399.3M | 359.4M | 634.8M | |
Retained Earnings Total Equity | (1.6B) | (1.7B) | (1.8B) | (1.9B) | (1.8B) | (1.8B) | |
Long Term Debt Total | 248.6M | 249.2M | 243.1M | 329.8M | 379.3M | 280.7M | |
Capital Surpluse | 2.5B | 2.5B | 2.5B | 2.5B | 2.9B | 2.8B | |
Deferred Long Term Liab | 104.3M | 95.1M | 89.2M | 58.7M | 52.8M | 78.4M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.
Stocks Directory Find actively traded stocks across global markets | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
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 | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
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 | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
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 2.21 | Revenue Per Share 22.946 | Quarterly Revenue Growth (0.11) | Return On Assets (0.0001) |
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.