CSX Accounts Payable vs Non Current Liabilities Total Analysis

CSX Stock  USD 33.48  0.30  0.89%   
CSX financial indicator trend analysis is way more than just evaluating CSX Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSX Corporation is a good investment. Please check the relationship between CSX Accounts Payable and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSX Corporation Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CSX's Accounts Payable and Non Current Liabilities Total is -0.57. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of CSX Corporation, assuming nothing else is changed. The correlation between historical values of CSX's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of CSX Corporation are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., CSX's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents CSX obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CSX Corporation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Liabilities Total

Most indicators from CSX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSX Corporation 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 CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, CSX's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.79 in 2024, despite the fact that Selling General Administrative is likely to grow to (27.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit5.1B5.8B5.7B4.4B
Total Revenue12.5B14.9B14.7B11.1B

CSX fundamental ratios Correlations

0.72-0.30.280.90.990.710.830.61.0-0.180.65-0.11-0.960.99-0.050.5-0.760.980.570.63-0.07-0.630.260.46-0.11
0.72-0.40.20.560.650.990.430.60.70.010.590.08-0.830.73-0.050.03-0.50.750.890.620.01-0.390.390.76-0.33
-0.3-0.4-0.18-0.17-0.24-0.390.0-0.31-0.280.43-0.23-0.460.29-0.33-0.11-0.190.0-0.34-0.21-0.340.17-0.12-1.0-0.420.28
0.280.2-0.18-0.060.240.2-0.150.150.270.140.170.54-0.280.360.08-0.33-0.190.420.280.30.720.230.190.450.0
0.90.56-0.17-0.060.920.550.960.470.91-0.30.47-0.29-0.840.820.010.64-0.680.790.420.39-0.35-0.70.130.25-0.22
0.990.65-0.240.240.920.640.880.51.0-0.230.57-0.18-0.940.97-0.060.55-0.790.950.520.52-0.1-0.680.20.38-0.06
0.710.99-0.390.20.550.640.430.490.7-0.020.490.08-0.830.71-0.040.02-0.510.730.910.52-0.01-0.390.380.77-0.28
0.830.430.0-0.150.960.880.430.360.85-0.270.42-0.51-0.790.75-0.170.7-0.770.720.320.29-0.32-0.81-0.050.07-0.05
0.60.6-0.310.150.470.50.490.360.540.140.920.03-0.580.62-0.040.21-0.250.610.290.940.07-0.220.290.36-0.42
1.00.7-0.280.270.911.00.70.850.54-0.210.6-0.12-0.960.98-0.040.51-0.770.970.570.57-0.09-0.640.240.44-0.1
-0.180.010.430.14-0.3-0.23-0.02-0.270.14-0.210.210.090.12-0.13-0.4-0.310.1-0.110.010.230.240.18-0.410.010.17
0.650.59-0.230.170.470.570.490.420.920.60.21-0.14-0.640.7-0.230.3-0.410.690.270.970.12-0.340.190.29-0.05
-0.110.08-0.460.54-0.29-0.180.08-0.510.03-0.120.09-0.140.15-0.060.44-0.480.46-0.020.10.10.090.690.520.44-0.34
-0.96-0.830.29-0.28-0.84-0.94-0.83-0.79-0.58-0.960.12-0.640.15-0.960.17-0.40.82-0.96-0.72-0.61-0.010.68-0.25-0.580.14
0.990.73-0.330.360.820.970.710.750.620.98-0.130.7-0.06-0.96-0.070.44-0.741.00.570.690.01-0.570.290.48-0.05
-0.05-0.05-0.110.080.01-0.06-0.04-0.17-0.04-0.04-0.4-0.230.440.17-0.07-0.220.48-0.070.04-0.1-0.140.380.160.11-0.35
0.50.03-0.19-0.330.640.550.020.70.210.51-0.310.3-0.48-0.40.44-0.22-0.470.4-0.160.16-0.37-0.60.13-0.180.15
-0.76-0.50.0-0.19-0.68-0.79-0.51-0.77-0.25-0.770.1-0.410.460.82-0.740.48-0.47-0.74-0.51-0.31-0.120.880.05-0.36-0.12
0.980.75-0.340.420.790.950.730.720.610.97-0.110.69-0.02-0.961.0-0.070.4-0.740.60.690.07-0.550.30.52-0.05
0.570.89-0.210.280.420.520.910.320.290.570.010.270.1-0.720.570.04-0.16-0.510.60.320.15-0.420.210.81-0.32
0.630.62-0.340.30.390.520.520.290.940.570.230.970.1-0.610.69-0.10.16-0.310.690.320.15-0.20.320.41-0.15
-0.070.010.170.72-0.35-0.1-0.01-0.320.07-0.090.240.120.09-0.010.01-0.14-0.37-0.120.070.150.150.12-0.180.190.08
-0.63-0.39-0.120.23-0.7-0.68-0.39-0.81-0.22-0.640.18-0.340.690.68-0.570.38-0.60.88-0.55-0.42-0.20.120.17-0.16-0.06
0.260.39-1.00.190.130.20.38-0.050.290.24-0.410.190.52-0.250.290.160.130.050.30.210.32-0.180.170.44-0.3
0.460.76-0.420.450.250.380.770.070.360.440.010.290.44-0.580.480.11-0.18-0.360.520.810.410.19-0.160.44-0.42
-0.11-0.330.280.0-0.22-0.06-0.28-0.05-0.42-0.10.17-0.05-0.340.14-0.05-0.350.15-0.12-0.05-0.32-0.150.08-0.06-0.3-0.42
Click cells to compare fundamentals

CSX Account Relationship Matchups

CSX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B39.8B40.5B41.9B43.0B27.0B
Short Long Term Debt Total16.2B16.7B16.4B18.0B19.1B20.0B
Other Current Liab1.9B1.6B2.1B(6.4B)836M739.6M
Total Current Liabilities2.2B2.0B2.2B2.5B3.2B2.0B
Total Stockholder Equity11.9B13.1B13.5B12.6B12.1B8.5B
Property Plant And Equipment Net32.2B32.4B33.0B34.2B35.4B21.6B
Net Debt15.3B13.6B14.1B16.1B17.7B18.6B
Retained Earnings11.4B12.5B11.6B10.4B9.8B7.2B
Cash958M3.1B2.2B2.0B1.4B782.4M
Non Current Assets Total35.0B35.4B36.7B38.1B39.6B24.3B
Non Currrent Assets Other932M923M1.5B(6.5B)523M549.2M
Cash And Short Term Investments2.0B3.1B2.3B2.1B1.4B1.0B
Net Receivables986M912M1.1B1.3B1.4B1.1B
Common Stock Shares Outstanding2.4B2.3B2.3B2.1B2.0B2.9B
Liabilities And Stockholders Equity38.3B39.8B40.5B41.9B43.0B27.0B
Non Current Liabilities Total24.2B24.7B24.8B26.8B27.6B15.8B
Inventory261M302M339M341M446M287.0M
Other Current Assets1.3B1.3B1.6B1.8B109M103.6M
Other Stockholder Equity361M418M76M584M696M661.2M
Total Liab26.4B26.7B27.0B29.3B30.8B18.5B
Property Plant And Equipment Gross32.7B32.9B33.0B34.2B50.8B53.4B
Total Current Assets3.3B4.4B3.9B3.8B3.4B2.7B
Accumulated Other Comprehensive Income(675M)(598M)(408M)(388M)379M398.0M
Short Term Debt245M401M181M151M626M381.5M
Accounts Payable1.0B809M963M1.1B1.2B931.9M
Current Deferred Revenue(1.0B)(809M)(963M)7.6B525M551.3M
Common Stock Total Equity773M763M2.2B2.1B2.4B2.5B
Short Term Investments996M2M77M129M83M78.9M
Common Stock773M763M2.2B2.1B2.0B2.1B
Other Liab7.8B8.4B8.6B8.3B9.6B10.0B
Other Assets312M35.4B1.5B328M377.2M358.3M
Long Term Debt16.0B16.3B16.2B17.9B18.0B11.0B
Property Plant Equipment32.2B32.4B33.0B34.2B39.4B27.2B
Net Tangible Assets11.8B13.1B13.5B12.1B13.9B12.4B
Retained Earnings Total Equity11.4B12.5B11.6B10.4B11.9B11.8B
Long Term Debt Total16.0B16.3B16.2B17.9B20.6B13.1B

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When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX's 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 Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is CSX'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 CSX. If investors know CSX 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 CSX 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
(0.05)
Dividend Share
0.45
Earnings Share
1.83
Revenue Per Share
7.375
Quarterly Revenue Growth
(0.01)
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX'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 CSX's market value can be influenced by many factors that don't directly affect CSX'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 CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX'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.