Centerra Net Tangible Assets vs Long Term Debt Analysis

CGAU Stock

USD 7.42 0.37 4.75%

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

For more information on how to buy Centerra Stock please use our How to Invest in Centerra Gold guide.

Net Tangible Assets vs Long Term Debt

Net Tangible Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centerra Gold Net Tangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Centerra Gold's Net Tangible Assets and Long Term Debt is 0.11. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Centerra Gold, assuming nothing else is changed. The correlation between historical values of Centerra Gold's Net Tangible Assets and Long Term Debt 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 Tangible Assets of Centerra Gold are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Tangible Assets i.e., Centerra Gold's Net Tangible Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Debt

Long-term debt is a debt that Centerra Gold has held for over one year. Long-term debt appears on Centerra Gold balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Centerra Gold balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

For more information on how to buy Centerra Stock please use our How to Invest in Centerra Gold guide.At this time, Centerra Gold's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 2.74 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	900.1M	850.2M	1.1B	870.2M
Depreciation And Amortization	150.0M	104.7M	141.2M	153.8M

Total Revenue Depreciation And Amortization

Centerra Gold 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Other Assets	Short Term Investments	Current Deferred Revenue
Total Assets		0.29	0.09	0.83	0.98	0.94	-0.15	0.94	0.39	0.95	0.2	0.43	0.79	0.85	0.74	0.15	-0.16	0.89	0.79	-0.39	0.97	0.69	0.08	0.54	-0.4	0.49
Short Long Term Debt Total	0.29		-0.22	0.26	0.18	0.4	0.71	0.12	-0.35	0.38	-0.43	-0.29	0.12	0.55	0.41	0.79	-0.08	0.49	0.03	0.42	0.24	0.0	-0.13	0.15	-0.16	0.22
Other Current Liab	0.09	-0.22		0.23	0.05	0.17	-0.28	-0.03	0.11	0.19	0.0	0.02	-0.04	0.12	-0.12	-0.13	-0.1	0.17	-0.12	-0.53	0.18	0.28	-0.31	-0.6	-0.31	-0.46
Total Current Liabilities	0.83	0.26	0.23		0.75	0.84	-0.18	0.67	0.45	0.83	0.16	0.43	0.59	0.74	0.52	0.07	-0.38	0.87	0.56	-0.34	0.8	0.74	-0.01	0.24	-0.59	0.45
Total Stockholder Equity	0.98	0.18	0.05	0.75		0.86	-0.22	0.98	0.41	0.88	0.29	0.46	0.79	0.73	0.75	0.04	-0.06	0.78	0.86	-0.35	0.96	0.65	0.12	0.6	-0.25	0.45
Property Plant And Equipment Net	0.94	0.4	0.17	0.84	0.86		0.05	0.82	0.19	1.0	-0.09	0.32	0.8	0.92	0.75	0.17	-0.25	0.95	0.53	-0.48	0.87	0.76	0.03	0.41	-0.58	0.43
Net Debt	-0.15	0.71	-0.28	-0.18	-0.22	0.05		-0.19	-0.88	0.03	-0.84	-0.35	-0.15	0.1	0.36	0.49	0.05	0.02	-0.45	0.43	-0.24	-0.1	0.1	-0.05	0.07	-0.2
Retained Earnings	0.94	0.12	-0.03	0.67	0.98	0.82	-0.19		0.36	0.83	0.27	0.42	0.79	0.65	0.76	-0.05	-0.01	0.69	0.84	-0.31	0.88	0.61	0.12	0.62	-0.17	0.44
Cash	0.39	-0.35	0.11	0.45	0.41	0.19	-0.88	0.36		0.2	0.89	0.34	0.26	0.21	-0.22	-0.21	-0.17	0.29	0.63	-0.29	0.44	0.15	-0.21	0.27	-0.19	0.45
Non Current Assets Total	0.95	0.38	0.19	0.83	0.88	1.0	0.03	0.83	0.2		-0.07	0.36	0.8	0.91	0.75	0.17	-0.22	0.94	0.55	-0.48	0.89	0.75	0.06	0.42	-0.57	0.43
Cash And Short Term Investments	0.2	-0.43	0.0	0.16	0.29	-0.09	-0.84	0.27	0.89	-0.07		0.23	0.04	-0.1	-0.3	-0.27	0.16	-0.02	0.64	-0.01	0.28	-0.08	-0.16	0.27	0.28	0.29
Net Receivables	0.43	-0.29	0.02	0.43	0.46	0.32	-0.35	0.42	0.34	0.36	0.23		0.37	0.19	0.3	-0.18	-0.12	0.28	0.43	-0.38	0.48	0.48	0.57	0.37	-0.23	0.23
Common Stock Shares Outstanding	0.79	0.12	-0.04	0.59	0.79	0.8	-0.15	0.79	0.26	0.8	0.04	0.37		0.66	0.64	-0.14	-0.2	0.67	0.53	-0.47	0.75	0.55	0.21	0.61	-0.46	0.62
Non Current Liabilities Total	0.85	0.55	0.12	0.74	0.73	0.92	0.1	0.65	0.21	0.91	-0.1	0.19	0.66		0.6	0.43	-0.29	0.98	0.47	-0.43	0.79	0.59	-0.04	0.33	-0.63	0.49
Inventory	0.74	0.41	-0.12	0.52	0.75	0.75	0.36	0.76	-0.22	0.75	-0.3	0.3	0.64	0.6		0.16	-0.17	0.61	0.51	-0.12	0.7	0.53	0.37	0.47	-0.18	0.23
Other Current Assets	0.15	0.79	-0.13	0.07	0.04	0.17	0.49	-0.05	-0.21	0.17	-0.27	-0.18	-0.14	0.43	0.16		-0.04	0.34	0.06	0.3	0.18	0.0	-0.2	-0.02	-0.14	-0.02
Other Stockholder Equity	-0.16	-0.08	-0.1	-0.38	-0.06	-0.25	0.05	-0.01	-0.17	-0.22	0.16	-0.12	-0.2	-0.29	-0.17	-0.04		-0.34	0.0	0.26	-0.15	-0.1	0.13	0.03	0.7	-0.13
Total Liab	0.89	0.49	0.17	0.87	0.78	0.95	0.02	0.69	0.29	0.94	-0.02	0.28	0.67	0.98	0.61	0.34	-0.34		0.52	-0.43	0.84	0.67	-0.04	0.32	-0.65	0.5
Total Current Assets	0.79	0.03	-0.12	0.56	0.86	0.53	-0.45	0.84	0.63	0.55	0.64	0.43	0.53	0.47	0.51	0.06	0.0	0.52		-0.11	0.81	0.36	0.08	0.59	0.04	0.46
Short Term Debt	-0.39	0.42	-0.53	-0.34	-0.35	-0.48	0.43	-0.31	-0.29	-0.48	-0.01	-0.38	-0.47	-0.43	-0.12	0.3	0.26	-0.43	-0.11		-0.38	-0.61	-0.03	0.03	0.61	-0.03
Common Stock	0.97	0.24	0.18	0.8	0.96	0.87	-0.24	0.88	0.44	0.89	0.28	0.48	0.75	0.79	0.7	0.18	-0.15	0.84	0.81	-0.38		0.65	0.12	0.5	-0.36	0.42
Accounts Payable	0.69	0.0	0.28	0.74	0.65	0.76	-0.1	0.61	0.15	0.75	-0.08	0.48	0.55	0.59	0.53	0.0	-0.1	0.67	0.36	-0.61	0.65		0.08	0.15	-0.49	0.11
Non Currrent Assets Other	0.08	-0.13	-0.31	-0.01	0.12	0.03	0.1	0.12	-0.21	0.06	-0.16	0.57	0.21	-0.04	0.37	-0.2	0.13	-0.04	0.08	-0.03	0.12	0.08		0.3	0.09	0.29
Other Assets	0.54	0.15	-0.6	0.24	0.6	0.41	-0.05	0.62	0.27	0.42	0.27	0.37	0.61	0.33	0.47	-0.02	0.03	0.32	0.59	0.03	0.5	0.15	0.3		0.07	0.55
Short Term Investments	-0.4	-0.16	-0.31	-0.59	-0.25	-0.58	0.07	-0.17	-0.19	-0.57	0.28	-0.23	-0.46	-0.63	-0.18	-0.14	0.7	-0.65	0.04	0.61	-0.36	-0.49	0.09	0.07		-0.29
Current Deferred Revenue	0.49	0.22	-0.46	0.45	0.45	0.43	-0.2	0.44	0.45	0.43	0.29	0.23	0.62	0.49	0.23	-0.02	-0.13	0.5	0.46	-0.03	0.42	0.11	0.29	0.55	-0.29

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Centerra Gold Account Relationship Matchups

Centerra Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.1B	2.7B	2.3B	2.3B	1.9B
Short Long Term Debt Total	92.6M	18.9M	20.2M	14.0M	24.1M	22.9M
Other Current Liab	389K	11.9M	3.0M	57.9M	149.3M	156.8M
Total Current Liabilities	244.8M	257.8M	227.4M	274.9M	295.9M	174.4M
Total Stockholder Equity	2.1B	2.5B	2.0B	1.8B	1.7B	1.5B
Property Plant And Equipment Net	1.7B	1.7B	1.3B	1.3B	1.2B	934.7M
Net Debt	49.9M	(526.3M)	(927.0M)	(517.9M)	(585.7M)	(556.4M)
Retained Earnings	1.1B	1.4B	1.0B	897.6M	767.4M	704.2M
Cash	42.7M	545.2M	947.2M	531.9M	609.8M	327.5M
Non Current Assets Total	1.8B	1.8B	1.4B	1.3B	1.3B	1.1B
Cash And Short Term Investments	42.7M	548.7M	949.4M	531.9M	612.6M	394.4M
Net Receivables	90.4M	66.1M	76.8M	92.2M	70.4M	59.6M
Common Stock Shares Outstanding	293.0M	297.4M	296.6M	265.1M	217.2M	269.7M
Liabilities And Stockholders Equity	2.7B	3.1B	2.7B	2.3B	2.3B	1.9B
Non Current Liabilities Total	391M	412.2M	405.6M	250.8M	348.4M	202.4M
Inventory	774.1M	580.6M	221.2M	316.8M	256.0M	330.2M
Other Current Assets	5.2M	410K	1.2M	49.8M	22.1M	32.3M
Other Stockholder Equity	26.3M	30.6M	30.8M	29.6M	33.7M	32.0M
Total Liab	635.8M	670.0M	633.0M	525.6M	644.3M	376.8M
Total Current Assets	932.7M	1.4B	1.3B	990.7M	961.1M	833.0M
Short Term Debt	4.3M	4.6M	6.1M	5.2M	6.1M	5.8M
Common Stock	960.4M	975.1M	984.1M	886.5M	857.1M	848.5M
Accounts Payable	166.2M	155.6M	67.0M	199.4M	131.0M	90.4M
Non Currrent Assets Other	97.1M	12.9M	31.7M	10.6M	13.9M	24.4M
Other Assets	90.6M	99.5M	77.1M	133.4M	72.5M	0.95
Accumulated Other Comprehensive Income	(752K)	11.6M	6.8M	(3.3M)	7.4M	11.8M
Short Term Investments	1.8M	3.5M	2.2M	830K	2.8M	2.7M
Current Deferred Revenue	73.9M	85.7M	151.2M	12.3M	9.5M	9.0M
Other Liab	302.7M	397.8M	391.5M	242.0M	278.3M	324.8M
Net Tangible Assets	2.1B	2.5B	2.0B	1.8B	1.6B	1.7B
Capital Lease Obligations	22.6M	18.9M	20.2M	14.0M	24.2M	15.7M
Net Invested Capital	2.1B	2.5B	2.0B	1.8B	1.7B	1.7B
Net Working Capital	687.9M	1.1B	1.0B	715.8M	668.6M	861.8M
Property Plant Equipment	1.7B	1.7B	1.3B	1.3B	1.1B	1.3B
Capital Stock	960.4M	975.1M	984.1M	886.5M	861.5M	748.9M

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