Century Net Receivables vs Other Current Assets Analysis

CNTY Stock  USD 2.64  0.02  0.76%   
Century Casinos financial indicator trend analysis is way more than just evaluating Century Casinos prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Casinos is a good investment. Please check the relationship between Century Casinos Net Receivables and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Casinos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Century Stock please use our How to Invest in Century Casinos guide.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Casinos Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Century Casinos' Net Receivables and Other Current Assets is 0.86. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Century Casinos, assuming nothing else is changed. The correlation between historical values of Century Casinos' Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Century Casinos are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Century Casinos' Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Century Casinos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Casinos 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 Casinos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Century Stock please use our How to Invest in Century Casinos guide.At this time, Century Casinos' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.39 in 2024, despite the fact that Tax Provision is likely to grow to (835 K).
 2021 2022 2023 2024 (projected)
Gross Profit188.8M199.1M211.5M222.1M
Total Revenue388.5M430.5M550.2M577.7M

Century Casinos fundamental ratios Correlations

0.990.970.110.990.99-0.430.920.951.00.240.950.480.990.860.51.01.00.930.40.970.870.970.660.60.24
0.990.940.030.991.0-0.510.930.930.990.270.930.431.00.850.451.00.990.920.370.970.840.950.620.560.25
0.970.940.290.960.93-0.280.910.930.960.280.930.620.940.80.630.950.960.910.580.940.860.960.750.720.27
0.110.030.290.080.00.760.110.170.090.160.170.820.02-0.150.820.030.070.20.480.080.250.180.640.740.11
0.990.990.960.080.98-0.460.890.941.00.240.940.460.990.880.470.991.00.880.40.980.860.970.640.570.24
0.991.00.930.00.98-0.530.920.910.990.290.910.421.00.830.441.00.990.910.370.970.820.940.610.540.24
-0.43-0.51-0.280.76-0.46-0.53-0.48-0.35-0.45-0.25-0.350.33-0.52-0.50.3-0.5-0.47-0.330.07-0.45-0.12-0.310.070.18-0.19
0.920.930.910.110.890.92-0.480.90.90.450.90.530.920.690.560.930.920.950.450.860.710.850.670.650.41
0.950.930.930.170.940.91-0.350.90.940.141.00.470.930.880.50.940.950.940.350.90.880.940.660.590.31
1.00.990.960.091.00.99-0.450.90.940.230.940.460.990.870.480.991.00.90.40.980.860.970.640.580.22
0.240.270.280.160.240.29-0.250.450.140.230.140.440.25-0.170.460.260.260.220.370.3-0.060.180.380.490.68
0.950.930.930.170.940.91-0.350.91.00.940.140.470.930.880.50.940.950.940.350.90.880.940.660.590.31
0.480.430.620.820.460.420.330.530.470.460.440.470.420.150.950.430.460.530.670.420.440.470.830.880.34
0.991.00.940.020.991.0-0.520.920.930.990.250.930.420.860.441.00.990.920.360.970.840.950.610.550.24
0.860.850.8-0.150.880.83-0.50.690.880.87-0.170.880.150.860.140.860.870.740.210.820.80.860.390.250.01
0.50.450.630.820.470.440.30.560.50.480.460.50.950.440.140.450.470.560.70.470.450.520.940.970.33
1.01.00.950.030.991.0-0.50.930.940.990.260.940.431.00.860.450.990.920.370.970.850.960.620.560.25
1.00.990.960.071.00.99-0.470.920.951.00.260.950.460.990.870.470.990.910.380.970.860.960.640.570.29
0.930.920.910.20.880.91-0.330.950.940.90.220.940.530.920.740.560.920.910.380.850.830.870.680.650.29
0.40.370.580.480.40.370.070.450.350.40.370.350.670.360.210.70.370.380.380.40.280.430.710.720.12
0.970.970.940.080.980.97-0.450.860.90.980.30.90.420.970.820.470.970.970.850.40.840.970.640.590.25
0.870.840.860.250.860.82-0.120.710.880.86-0.060.880.440.840.80.450.850.860.830.280.840.910.60.540.22
0.970.950.960.180.970.94-0.310.850.940.970.180.940.470.950.860.520.960.960.870.430.970.910.690.630.22
0.660.620.750.640.640.610.070.670.660.640.380.660.830.610.390.940.620.640.680.710.640.60.690.960.29
0.60.560.720.740.570.540.180.650.590.580.490.590.880.550.250.970.560.570.650.720.590.540.630.960.34
0.240.250.270.110.240.24-0.190.410.310.220.680.310.340.240.010.330.250.290.290.120.250.220.220.290.34
Click cells to compare fundamentals

Century Casinos Account Relationship Matchups

Century Casinos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets726.9M680.8M703.4M885.0M1.4B1.4B
Short Long Term Debt Total502.1M500.3M494.6M665.0M1.0B1.1B
Total Current Liabilities56.6M60.2M60.4M65.4M93.6M98.3M
Total Stockholder Equity163.3M118.2M141.6M144.0M121.4M96.8M
Property Plant And Equipment Net503.9M485.2M472.3M464.7M939.5M986.5M
Net Debt447.4M436.9M386.8M563.2M849.2M891.7M
Retained Earnings56.7M8.7M29.3M37.3M9.1M8.6M
Accounts Payable5.2M12.9M12.7M15.3M15.3M16.0M
Cash54.8M63.4M107.8M101.8M171.3M179.9M
Non Current Assets Total647.5M586.1M562.7M656.9M1.2B1.2B
Non Currrent Assets Other40.2M100.9M90.4M29.1M1.1M1.0M
Cash And Short Term Investments54.8M63.4M107.8M101.8M171.3M179.9M
Common Stock Shares Outstanding29.5M29.6M31.4M31.5M30.3M23.7M
Liabilities And Stockholders Equity726.9M680.8M703.4M885.0M1.4B1.4B
Non Current Liabilities Total498.3M493.6M492.6M665.4M1.1B1.1B
Other Stockholder Equity115.8M115.6M118.5M121.7M124.1M71.7M
Total Liab554.8M553.8M553.0M730.8M1.1B1.2B
Property Plant And Equipment Gross541.0M527.6M621.5M617.5M1.1B1.2B
Total Current Assets79.4M94.6M140.7M228.0M207.0M217.4M
Accumulated Other Comprehensive Income(9.4M)(6.4M)(6.4M)(15.2M)(12.1M)(11.5M)
Short Term Debt7.6M15.2M7.9M9.4M12.1M6.4M
Intangible Assets67.1M52.8M48.9M44.8M93.2M97.9M
Other Current Liab43.4M476K39.3M39.1M63.9M67.1M
Net Receivables11.4M8.2M9.4M9.1M18.3M19.2M
Other Assets5.6M37.2M231.1M17.5M20.1M16.9M
Long Term Debt436.4M437.5M459.4M629.2M982.2M1.0B
Good Will32.9M10.9M10.3M9.6M80.6M84.6M
Property Plant Equipment503.9M485.2M472.3M464.7M534.3M561.1M
Other Liab3.7M8.5M5.9M9.8M11.2M11.8M
Current Deferred Revenue376K31.7M600K1.6M2.4M2.3M
Inventory2.0M1.7M1.4M1.5M4.7M4.9M
Net Tangible Assets87.5M54.5M82.3M89.7M80.7M82.9M
Retained Earnings Total Equity56.7M8.7M29.3M37.3M33.5M37.8M
Capital Surpluse115.8M115.6M118.5M121.7M139.9M106.0M
Long Term Investments1.7M1.4M381K358K93.6M0.0

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When running Century Casinos' price analysis, check to measure Century Casinos' 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 Casinos is operating at the current time. Most of Century Casinos' value examination focuses on studying past and present price action to predict the probability of Century Casinos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Casinos' price. Additionally, you may evaluate how the addition of Century Casinos to your portfolios can decrease your overall portfolio volatility.