CSG Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

CSGS Stock

USD 40.82 0.19 0.46%

CSG Systems financial indicator trend analysis is way more than just evaluating CSG Systems International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Systems International is a good investment. Please check the relationship between CSG Systems Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSG Systems International Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between CSG Systems' Common Stock Total Equity and Common Stock Shares Outstanding is -0.92. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of CSG Systems International, assuming nothing else is changed. The correlation between historical values of CSG Systems' Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of CSG Systems International are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., CSG Systems' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from CSG Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Systems International 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 CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, CSG Systems' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 11.56 in 2024, whereas Tax Provision is likely to drop slightly above 21.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	503.3M	524.6M	554.2M	340.8M
Total Revenue	1.0B	1.1B	1.2B	686.8M

Gross Profit Total Revenue

CSG Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.68	0.78	0.77	0.79	0.72	0.96	0.7	0.89	0.97	-0.22	0.52	0.94	0.96	-0.89	0.65	0.67	-0.81	0.8	0.73	0.98	0.32	0.12	0.88	0.88
Short Long Term Debt Total	0.97		0.72	0.76	0.6	0.74	0.78	0.93	0.66	0.89	0.9	-0.24	0.5	0.93	0.89	-0.88	0.71	0.69	-0.85	0.82	0.73	0.97	0.25	0.0	0.9	0.84
Other Current Liab	0.68	0.72		0.9	0.28	0.62	0.94	0.53	0.38	0.66	0.64	-0.23	0.11	0.58	0.55	-0.53	0.83	0.99	-0.85	0.96	0.92	0.68	0.19	-0.23	0.72	0.65
Total Current Liabilities	0.78	0.76	0.9		0.5	0.68	0.83	0.67	0.49	0.79	0.74	-0.23	0.34	0.66	0.7	-0.62	0.62	0.89	-0.83	0.91	0.93	0.78	0.58	-0.13	0.74	0.74
Total Stockholder Equity	0.77	0.6	0.28	0.5		0.6	0.38	0.81	0.56	0.68	0.8	0.0	0.68	0.71	0.82	-0.74	0.36	0.28	-0.53	0.48	0.41	0.71	0.37	0.48	0.61	0.81
Property Plant And Equipment Net	0.79	0.74	0.62	0.68	0.6		0.55	0.65	0.21	0.72	0.86	-0.04	0.21	0.56	0.65	-0.48	0.48	0.66	-0.5	0.65	0.79	0.7	0.32	-0.04	0.5	0.55
Net Debt	0.72	0.78	0.94	0.83	0.38	0.55		0.65	0.49	0.68	0.65	-0.24	0.36	0.69	0.61	-0.67	0.92	0.9	-0.95	0.97	0.82	0.75	0.09	-0.16	0.83	0.79
Retained Earnings	0.96	0.93	0.53	0.67	0.81	0.65	0.65		0.8	0.84	0.9	-0.22	0.68	0.98	0.95	-0.93	0.59	0.52	-0.79	0.7	0.56	0.97	0.3	0.18	0.89	0.92
Accounts Payable	0.7	0.66	0.38	0.49	0.56	0.21	0.49	0.8		0.52	0.57	-0.4	0.51	0.84	0.74	-0.76	0.41	0.38	-0.67	0.5	0.29	0.77	0.19	0.06	0.78	0.76
Cash	0.89	0.89	0.66	0.79	0.68	0.72	0.68	0.84	0.52		0.88	-0.04	0.56	0.81	0.86	-0.84	0.62	0.62	-0.79	0.79	0.71	0.86	0.45	0.23	0.81	0.83
Non Current Assets Total	0.97	0.9	0.64	0.74	0.8	0.86	0.65	0.9	0.57	0.88		-0.15	0.42	0.86	0.94	-0.83	0.61	0.65	-0.71	0.75	0.74	0.91	0.31	0.24	0.78	0.82
Non Currrent Assets Other	-0.22	-0.24	-0.23	-0.23	0.0	-0.04	-0.24	-0.22	-0.4	-0.04	-0.15		0.16	-0.31	-0.25	0.23	-0.14	-0.29	0.24	-0.21	-0.27	-0.26	-0.04	0.18	-0.14	-0.16
Cash And Short Term Investments	0.52	0.5	0.11	0.34	0.68	0.21	0.36	0.68	0.51	0.56	0.42	0.16		0.59	0.55	-0.66	0.29	0.04	-0.55	0.35	0.12	0.58	0.34	0.22	0.59	0.73
Net Receivables	0.94	0.93	0.58	0.66	0.71	0.56	0.69	0.98	0.84	0.81	0.86	-0.31	0.59		0.94	-0.96	0.66	0.55	-0.83	0.73	0.56	0.96	0.19	0.16	0.92	0.91
Good Will	0.96	0.89	0.55	0.7	0.82	0.65	0.61	0.95	0.74	0.86	0.94	-0.25	0.55	0.94		-0.94	0.55	0.54	-0.74	0.7	0.62	0.93	0.36	0.32	0.85	0.87
Common Stock Shares Outstanding	-0.89	-0.88	-0.53	-0.62	-0.74	-0.48	-0.67	-0.93	-0.76	-0.84	-0.83	0.23	-0.66	-0.96	-0.94		-0.67	-0.48	0.83	-0.71	-0.5	-0.91	-0.18	-0.33	-0.92	-0.92
Non Current Liabilities Total	0.65	0.71	0.83	0.62	0.36	0.48	0.92	0.59	0.41	0.62	0.61	-0.14	0.29	0.66	0.55	-0.67		0.78	-0.88	0.89	0.65	0.65	-0.23	0.03	0.78	0.74
Other Current Assets	0.67	0.69	0.99	0.89	0.28	0.66	0.9	0.52	0.38	0.62	0.65	-0.29	0.04	0.55	0.54	-0.48	0.78		-0.8	0.93	0.94	0.66	0.2	-0.28	0.67	0.6
Other Stockholder Equity	-0.81	-0.85	-0.85	-0.83	-0.53	-0.5	-0.95	-0.79	-0.67	-0.79	-0.71	0.24	-0.55	-0.83	-0.74	0.83	-0.88	-0.8		-0.95	-0.73	-0.85	-0.18	0.01	-0.93	-0.91
Total Liab	0.8	0.82	0.96	0.91	0.48	0.65	0.97	0.7	0.5	0.79	0.75	-0.21	0.35	0.73	0.7	-0.71	0.89	0.93	-0.95		0.89	0.8	0.22	-0.06	0.84	0.82
Property Plant And Equipment Gross	0.73	0.73	0.92	0.93	0.41	0.79	0.82	0.56	0.29	0.71	0.74	-0.27	0.12	0.56	0.62	-0.5	0.65	0.94	-0.73	0.89		0.7	0.41	-0.22	0.63	0.6
Total Current Assets	0.98	0.97	0.68	0.78	0.71	0.7	0.75	0.97	0.77	0.86	0.91	-0.26	0.58	0.96	0.93	-0.91	0.65	0.66	-0.85	0.8	0.7		0.32	0.01	0.92	0.89
Short Term Debt	0.32	0.25	0.19	0.58	0.37	0.32	0.09	0.3	0.19	0.45	0.31	-0.04	0.34	0.19	0.36	-0.18	-0.23	0.2	-0.18	0.22	0.41	0.32		-0.02	0.16	0.26
Intangible Assets	0.12	0.0	-0.23	-0.13	0.48	-0.04	-0.16	0.18	0.06	0.23	0.24	0.18	0.22	0.16	0.32	-0.33	0.03	-0.28	0.01	-0.06	-0.22	0.01	-0.02		0.05	0.24
Common Stock Total Equity	0.88	0.9	0.72	0.74	0.61	0.5	0.83	0.89	0.78	0.81	0.78	-0.14	0.59	0.92	0.85	-0.92	0.78	0.67	-0.93	0.84	0.63	0.92	0.16	0.05		0.91
Common Stock	0.88	0.84	0.65	0.74	0.81	0.55	0.79	0.92	0.76	0.83	0.82	-0.16	0.73	0.91	0.87	-0.92	0.74	0.6	-0.91	0.82	0.6	0.89	0.26	0.24	0.91

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CSG Systems Account Relationship Matchups

CSG Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.3B	1.4B	1.3B	1.4B	837.5M
Short Long Term Debt Total	458.2M	469.8M	468.1M	487.2M	592.8M	296.9M
Other Current Liab	269.5M	261.1M	301.6M	334.5M	436.8M	458.6M
Total Current Liabilities	418.7M	420.0M	695.1M	527.2M	560.8M	588.9M
Total Stockholder Equity	396.7M	422.4M	436.6M	355.2M	273.3M	287.8M
Property Plant And Equipment Net	179.3M	192.5M	159.6M	121.5M	99.8M	63.3M
Net Debt	301.7M	281.1M	262.4M	336.8M	406.5M	426.9M
Retained Earnings	848.6M	876.4M	916.1M	936.2M	968.1M	505.2M
Accounts Payable	32.7M	29.8M	35.4M	47.7M	46.4M	29.4M
Cash	156.5M	188.7M	205.6M	150.4M	186.3M	138.7M
Non Current Assets Total	613.9M	633.7M	639.0M	582.6M	580.8M	369.9M
Non Currrent Assets Other	27.7M	36.9M	15.8M	(87.7M)	10.0M	17.5M
Cash And Short Term Investments	182.7M	240.3M	233.7M	150.4M	186.3M	187.5M
Net Receivables	281.8M	266.6M	286.5M	328.3M	351.2M	204.1M
Good Will	259.2M	272.3M	321.3M	304.0M	308.6M	188.0M
Common Stock Shares Outstanding	32.5M	32.3M	32.0M	31.3M	30.1M	33.7M
Liabilities And Stockholders Equity	1.3B	1.3B	1.4B	1.3B	1.4B	837.5M
Non Current Liabilities Total	467.7M	489.6M	251.8M	466.1M	608.9M	639.3M
Other Current Assets	204.6M	191.5M	228.0M	287.2M	324.8M	341.0M
Other Stockholder Equity	(413.2M)	(423.6M)	(441.8M)	(522.8M)	(645.1M)	(612.9M)
Total Liab	886.4M	909.6M	946.9M	993.3M	1.2B	1.2B
Property Plant And Equipment Gross	179.3M	192.5M	270.9M	226.9M	221.6M	232.7M
Total Current Assets	669.1M	698.3M	748.2M	766.0M	862.2M	467.6M
Accumulated Other Comprehensive Income	(39.5M)	(31.1M)	(38.4M)	(58.8M)	(50.4M)	(47.9M)
Short Term Debt	32.8M	36.7M	260.8M	58.5M	23.4M	43.1M
Intangible Assets	87.6M	74.5M	87.0M	68.2M	50.1M	75.0M
Common Stock Total Equity	696K	700K	705K	708K	814.2K	700.6K
Common Stock	696K	700K	705K	708K	713K	704.0K
Other Liab	42.2M	56.5M	44.5M	37.4M	43.0M	28.1M
Other Assets	84.9M	94.4M	71.0M	86.1M	77.5M	48.1M
Long Term Debt	346.5M	337.2M	137.2M	375.5M	535.0M	283.8M
Short Term Investments	26.1M	51.6M	28.0M	71K	186.3M	195.6M
Treasury Stock	(867.8M)	(894.1M)	(930.1M)	(1.0B)	(916.2M)	(962.0M)
Property Plant Equipment	84.4M	81.8M	159.6M	71.8M	82.6M	56.2M
Current Deferred Revenue	83.8M	92.3M	97.3M	86.5M	54.2M	62.1M
Net Tangible Assets	105.0M	123.6M	28.3M	(17.0M)	(15.3M)	(14.5M)
Retained Earnings Total Equity	848.6M	876.4M	916.1M	936.2M	1.1B	760.3M
Long Term Debt Total	346.5M	337.2M	137.2M	375.5M	431.8M	309.6M
Capital Surpluse	454.7M	470.6M	488.3M	495.2M	569.5M	506.9M

Pair Trading with CSG Systems

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 CSG Systems 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 CSG Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSG Stock

0.68	S	SentinelOne	Pair Corr
0.63	MQ	Marqeta	Pair Corr

Moving against CSG Stock

0.64	NN	Nextnav Acquisition Corp Downward Rally	Pair Corr
0.62	EVCM	EverCommerce	Pair Corr
0.54	EEFT	Euronet Worldwide	Pair Corr

The ability to find closely correlated positions to CSG Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSG Systems 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 CSG Systems - 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 CSG Systems International to buy it.

The correlation of CSG Systems 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 CSG Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSG Systems International 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 CSG Systems 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.

Pair Correlation Correlation Matching

Additional Tools for CSG Stock Analysis

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

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