CSX Non Current Assets Total vs Cash And Short Term Investments Analysis

CSX Stock

USD 32.75 0.24 0.73%

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 Non Current Assets Total and its Cash And Short Term Investments 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 closely tied with the direction of predictive economic indicators such as signals in state.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSX Corporation Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between CSX's Non Current Assets Total and Cash And Short Term Investments is 0.6. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of CSX Corporation are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., CSX's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of CSX Corporation balance sheet. This account contains CSX investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CSX Corporation fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 closely tied 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 Profit	5.1B	5.8B	5.7B	4.4B
Total Revenue	12.5B	14.9B	14.7B	11.1B

Gross Profit Total Revenue

CSX 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments
Total Assets		0.72	-0.3	0.28	0.9	0.99	0.71	0.83	0.6	1.0	-0.18	0.65	-0.11	-0.96	0.99	-0.05	0.5	-0.76	0.98	0.57	0.63	-0.07	-0.63	0.26	0.46	-0.11
Short Long Term Debt Total	0.72		-0.4	0.2	0.56	0.65	0.99	0.43	0.6	0.7	0.01	0.59	0.08	-0.83	0.73	-0.05	0.03	-0.5	0.75	0.89	0.62	0.01	-0.39	0.39	0.76	-0.33
Other Current Liab	-0.3	-0.4		-0.18	-0.17	-0.24	-0.39	0.0	-0.31	-0.28	0.43	-0.23	-0.46	0.29	-0.33	-0.11	-0.19	0.0	-0.34	-0.21	-0.34	0.17	-0.12	-1.0	-0.42	0.28
Total Current Liabilities	0.28	0.2	-0.18		-0.06	0.24	0.2	-0.15	0.15	0.27	0.14	0.17	0.54	-0.28	0.36	0.08	-0.33	-0.19	0.42	0.28	0.3	0.72	0.23	0.19	0.45	0.0
Total Stockholder Equity	0.9	0.56	-0.17	-0.06		0.92	0.55	0.96	0.47	0.91	-0.3	0.47	-0.29	-0.84	0.82	0.01	0.64	-0.68	0.79	0.42	0.39	-0.35	-0.7	0.13	0.25	-0.22
Property Plant And Equipment Net	0.99	0.65	-0.24	0.24	0.92		0.64	0.88	0.5	1.0	-0.23	0.57	-0.18	-0.94	0.97	-0.06	0.55	-0.79	0.95	0.52	0.52	-0.1	-0.68	0.2	0.38	-0.06
Net Debt	0.71	0.99	-0.39	0.2	0.55	0.64		0.43	0.49	0.7	-0.02	0.49	0.08	-0.83	0.71	-0.04	0.02	-0.51	0.73	0.91	0.52	-0.01	-0.39	0.38	0.77	-0.28
Retained Earnings	0.83	0.43	0.0	-0.15	0.96	0.88	0.43		0.36	0.85	-0.27	0.42	-0.51	-0.79	0.75	-0.17	0.7	-0.77	0.72	0.32	0.29	-0.32	-0.81	-0.05	0.07	-0.05
Cash	0.6	0.6	-0.31	0.15	0.47	0.5	0.49	0.36		0.54	0.14	0.92	0.03	-0.58	0.62	-0.04	0.21	-0.25	0.61	0.29	0.94	0.07	-0.22	0.29	0.36	-0.42
Non Current Assets Total	1.0	0.7	-0.28	0.27	0.91	1.0	0.7	0.85	0.54		-0.21	0.6	-0.12	-0.96	0.98	-0.04	0.51	-0.77	0.97	0.57	0.57	-0.09	-0.64	0.24	0.44	-0.1
Non Currrent Assets Other	-0.18	0.01	0.43	0.14	-0.3	-0.23	-0.02	-0.27	0.14	-0.21		0.21	0.09	0.12	-0.13	-0.4	-0.31	0.1	-0.11	0.01	0.23	0.24	0.18	-0.41	0.01	0.17
Cash And Short Term Investments	0.65	0.59	-0.23	0.17	0.47	0.57	0.49	0.42	0.92	0.6	0.21		-0.14	-0.64	0.7	-0.23	0.3	-0.41	0.69	0.27	0.97	0.12	-0.34	0.19	0.29	-0.05
Net Receivables	-0.11	0.08	-0.46	0.54	-0.29	-0.18	0.08	-0.51	0.03	-0.12	0.09	-0.14		0.15	-0.06	0.44	-0.48	0.46	-0.02	0.1	0.1	0.09	0.69	0.52	0.44	-0.34
Common Stock Shares Outstanding	-0.96	-0.83	0.29	-0.28	-0.84	-0.94	-0.83	-0.79	-0.58	-0.96	0.12	-0.64	0.15		-0.96	0.17	-0.4	0.82	-0.96	-0.72	-0.61	-0.01	0.68	-0.25	-0.58	0.14
Non Current Liabilities Total	0.99	0.73	-0.33	0.36	0.82	0.97	0.71	0.75	0.62	0.98	-0.13	0.7	-0.06	-0.96		-0.07	0.44	-0.74	1.0	0.57	0.69	0.01	-0.57	0.29	0.48	-0.05
Inventory	-0.05	-0.05	-0.11	0.08	0.01	-0.06	-0.04	-0.17	-0.04	-0.04	-0.4	-0.23	0.44	0.17	-0.07		-0.22	0.48	-0.07	0.04	-0.1	-0.14	0.38	0.16	0.11	-0.35
Other Current Assets	0.5	0.03	-0.19	-0.33	0.64	0.55	0.02	0.7	0.21	0.51	-0.31	0.3	-0.48	-0.4	0.44	-0.22		-0.47	0.4	-0.16	0.16	-0.37	-0.6	0.13	-0.18	0.15
Other Stockholder Equity	-0.76	-0.5	0.0	-0.19	-0.68	-0.79	-0.51	-0.77	-0.25	-0.77	0.1	-0.41	0.46	0.82	-0.74	0.48	-0.47		-0.74	-0.51	-0.31	-0.12	0.88	0.05	-0.36	-0.12
Total Liab	0.98	0.75	-0.34	0.42	0.79	0.95	0.73	0.72	0.61	0.97	-0.11	0.69	-0.02	-0.96	1.0	-0.07	0.4	-0.74		0.6	0.69	0.07	-0.55	0.3	0.52	-0.05
Property Plant And Equipment Gross	0.57	0.89	-0.21	0.28	0.42	0.52	0.91	0.32	0.29	0.57	0.01	0.27	0.1	-0.72	0.57	0.04	-0.16	-0.51	0.6		0.32	0.15	-0.42	0.21	0.81	-0.32
Total Current Assets	0.63	0.62	-0.34	0.3	0.39	0.52	0.52	0.29	0.94	0.57	0.23	0.97	0.1	-0.61	0.69	-0.1	0.16	-0.31	0.69	0.32		0.15	-0.2	0.32	0.41	-0.15
Short Term Debt	-0.07	0.01	0.17	0.72	-0.35	-0.1	-0.01	-0.32	0.07	-0.09	0.24	0.12	0.09	-0.01	0.01	-0.14	-0.37	-0.12	0.07	0.15	0.15		0.12	-0.18	0.19	0.08
Accounts Payable	-0.63	-0.39	-0.12	0.23	-0.7	-0.68	-0.39	-0.81	-0.22	-0.64	0.18	-0.34	0.69	0.68	-0.57	0.38	-0.6	0.88	-0.55	-0.42	-0.2	0.12		0.17	-0.16	-0.06
Current Deferred Revenue	0.26	0.39	-1.0	0.19	0.13	0.2	0.38	-0.05	0.29	0.24	-0.41	0.19	0.52	-0.25	0.29	0.16	0.13	0.05	0.3	0.21	0.32	-0.18	0.17		0.44	-0.3
Common Stock Total Equity	0.46	0.76	-0.42	0.45	0.25	0.38	0.77	0.07	0.36	0.44	0.01	0.29	0.44	-0.58	0.48	0.11	-0.18	-0.36	0.52	0.81	0.41	0.19	-0.16	0.44		-0.42
Short Term Investments	-0.11	-0.33	0.28	0.0	-0.22	-0.06	-0.28	-0.05	-0.42	-0.1	0.17	-0.05	-0.34	0.14	-0.05	-0.35	0.15	-0.12	-0.05	-0.32	-0.15	0.08	-0.06	-0.3	-0.42

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CSX Account Relationship Matchups

CSX fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.3B	39.8B	40.5B	41.9B	43.0B	27.0B
Short Long Term Debt Total	16.2B	16.7B	16.4B	18.0B	19.1B	20.0B
Other Current Liab	1.9B	1.6B	2.1B	(6.4B)	836M	739.6M
Total Current Liabilities	2.2B	2.0B	2.2B	2.5B	3.2B	2.0B
Total Stockholder Equity	11.9B	13.1B	13.5B	12.6B	12.1B	8.5B
Property Plant And Equipment Net	32.2B	32.4B	33.0B	34.2B	35.4B	21.6B
Net Debt	15.3B	13.6B	14.1B	16.1B	17.7B	18.6B
Retained Earnings	11.4B	12.5B	11.6B	10.4B	9.8B	7.2B
Cash	958M	3.1B	2.2B	2.0B	1.4B	782.4M
Non Current Assets Total	35.0B	35.4B	36.7B	38.1B	39.6B	24.3B
Non Currrent Assets Other	932M	923M	1.5B	(6.5B)	523M	549.2M
Cash And Short Term Investments	2.0B	3.1B	2.3B	2.1B	1.4B	1.0B
Net Receivables	986M	912M	1.1B	1.3B	1.4B	1.1B
Common Stock Shares Outstanding	2.4B	2.3B	2.3B	2.1B	2.0B	2.9B
Liabilities And Stockholders Equity	38.3B	39.8B	40.5B	41.9B	43.0B	27.0B
Non Current Liabilities Total	24.2B	24.7B	24.8B	26.8B	27.6B	15.8B
Inventory	261M	302M	339M	341M	446M	287.0M
Other Current Assets	1.3B	1.3B	1.6B	1.8B	109M	103.6M
Other Stockholder Equity	361M	418M	76M	584M	696M	661.2M
Total Liab	26.4B	26.7B	27.0B	29.3B	30.8B	18.5B
Property Plant And Equipment Gross	32.7B	32.9B	33.0B	34.2B	50.8B	53.4B
Total Current Assets	3.3B	4.4B	3.9B	3.8B	3.4B	2.7B
Accumulated Other Comprehensive Income	(675M)	(598M)	(408M)	(388M)	379M	398.0M
Short Term Debt	245M	401M	181M	151M	626M	381.5M
Accounts Payable	1.0B	809M	963M	1.1B	1.2B	931.9M
Current Deferred Revenue	(1.0B)	(809M)	(963M)	7.6B	525M	551.3M
Common Stock Total Equity	773M	763M	2.2B	2.1B	2.4B	2.5B
Short Term Investments	996M	2M	77M	129M	83M	78.9M
Common Stock	773M	763M	2.2B	2.1B	2.0B	2.1B
Other Liab	7.8B	8.4B	8.6B	8.3B	9.6B	10.0B
Other Assets	312M	35.4B	1.5B	328M	377.2M	358.3M
Long Term Debt	16.0B	16.3B	16.2B	17.9B	18.0B	11.0B
Property Plant Equipment	32.2B	32.4B	33.0B	34.2B	39.4B	27.2B
Net Tangible Assets	11.8B	13.1B	13.5B	12.1B	13.9B	12.4B
Retained Earnings Total Equity	11.4B	12.5B	11.6B	10.4B	11.9B	11.8B
Long Term Debt Total	16.0B	16.3B	16.2B	17.9B	20.6B	13.1B

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CSX Non Current Assets Total vs Cash And Short Term Investments Analysis

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Cash And Short Term Investments

CSX fundamental ratios Correlations

CSX Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CSX fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Current Deferred Revenue	- 1.0	Other Current Liab
Total Liab	- 0.96	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.96	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Common Stock Shares Outstanding	- 0.96	Total Assets
Common Stock Shares Outstanding	- 0.94	Property Plant And Equipment Net