Century Net Working Capital vs Total Assets Analysis

CNTY Stock  USD 3.01  0.12  4.15%   
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 Working Capital and its Total 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 tightly coupled 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 Working Capital vs Total Assets

Net Working Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Casinos Net Working Capital account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Century Casinos' Net Working Capital and Total Assets is 0.54. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total 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 Working Capital and Total 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 Working Capital of Century Casinos are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Working Capital i.e., Century Casinos' Net Working Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Total Assets

Total assets refers to the total amount of Century Casinos assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Century Casinos books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 tightly coupled 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

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.
When determining whether Century Casinos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Century Casinos' 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 Casinos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Century Casinos Stock:
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 tightly coupled 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.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Century Stock analysis

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.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Is Century Casinos' 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 Casinos. 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 Casinos 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
(0.75)
Earnings Share
(1.34)
Revenue Per Share
19.026
Quarterly Revenue Growth
0.254
Return On Assets
0.0322
The market value of Century Casinos 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 Casinos' value that differs from its market value or its book value, called intrinsic value, which is Century Casinos' 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 Casinos' market value can be influenced by many factors that don't directly affect Century Casinos' 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 Casinos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Casinos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Casinos' 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.