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

CSX Stock  USD 33.30  0.06  0.18%   
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 Liabilities 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 tightly coupled with the direction of predictive economic indicators such as signals in state.

Non Current Liabilities Total vs Cash And Short Term Investments

Non Current Liabilities 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 Liabilities 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 Liabilities Total and Cash And Short Term Investments is 0.7. Overlapping area represents the amount of variation of Non Current Liabilities 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 Liabilities 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 Liabilities 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 Liabilities Total i.e., CSX's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

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 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, whereas Selling General Administrative is likely to drop slightly above 27.6 M in 2024.
 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.