CHAR Capex To Depreciation vs Average Payables Analysis

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CAD 0.20 0.02 9.09%

CHAR Technologies financial indicator trend analysis is way more than just evaluating CHAR Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CHAR Technologies is a good investment. Please check the relationship between CHAR Technologies Capex To Depreciation and its Average Payables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Average Payables

Capex To Depreciation vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CHAR Technologies Capex To Depreciation account and Average Payables. At this time, the significance of the direction appears to have very week relationship.

The correlation between CHAR Technologies' Capex To Depreciation and Average Payables is 0.25. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Average Payables in the same time period over historical financial statements of CHAR Technologies, assuming nothing else is changed. The correlation between historical values of CHAR Technologies' Capex To Depreciation and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of CHAR Technologies are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Capex To Depreciation i.e., CHAR Technologies' Capex To Depreciation and Average Payables go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

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Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from CHAR Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CHAR Technologies 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to climb to about 45.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 131 K in 2024.

CHAR Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.22	0.57	0.86	0.95	0.27	0.36	0.14	-0.96	0.94	0.55	0.4	0.44	0.29	0.83	0.2	0.96	0.44	0.76	0.2	0.28	0.98	0.13	0.95	0.26	0.59
Short Long Term Debt Total	0.22		0.29	0.09	0.06	0.99	0.39	0.86	-0.29	0.34	-0.08	0.92	0.6	0.23	0.41	0.94	0.22	0.86	0.38	0.99	0.18	0.31	-0.1	0.25	-0.05	-0.17
Other Current Liab	0.57	0.29		0.82	0.62	0.38	0.31	0.01	-0.55	0.47	0.51	0.58	0.54	0.15	0.17	0.36	0.52	0.62	0.04	0.26	0.22	0.51	0.08	0.45	0.15	0.83
Total Current Liabilities	0.86	0.09	0.82		0.86	0.18	0.38	0.0	-0.85	0.76	0.44	0.39	0.53	0.31	0.46	0.05	0.87	0.47	0.36	0.05	0.36	0.81	0.35	0.7	0.46	0.87
Total Stockholder Equity	0.95	0.06	0.62	0.86		0.12	0.36	-0.09	-0.87	0.83	0.67	0.28	0.29	0.3	0.7	0.09	0.88	0.33	0.67	0.03	0.26	0.88	0.16	0.89	0.27	0.73
Property Plant And Equipment Net	0.27	0.99	0.38	0.18	0.12		0.42	0.86	-0.36	0.39	-0.08	0.96	0.68	0.24	0.41	0.92	0.28	0.91	0.35	0.98	0.2	0.36	-0.1	0.27	-0.04	-0.07
Current Deferred Revenue	0.36	0.39	0.31	0.38	0.36	0.42		0.37	-0.35	0.25	-0.1	0.58	0.58	0.95	0.23	0.27	0.42	0.63	0.27	0.38	0.38	0.35	0.24	0.22	0.35	0.36
Net Debt	0.14	0.86	0.01	0.0	-0.09	0.86	0.37		-0.29	0.34	-0.49	0.75	0.61	0.24	0.36	0.65	0.24	0.72	0.34	0.85	0.25	0.27	0.07	0.09	0.12	-0.34
Retained Earnings	-0.96	-0.29	-0.55	-0.85	-0.87	-0.36	-0.35	-0.29		-0.98	-0.38	-0.46	-0.5	-0.24	-0.82	-0.21	-0.98	-0.5	-0.71	-0.27	-0.19	-0.98	-0.16	-0.87	-0.28	-0.53
Accounts Payable	0.94	0.34	0.47	0.76	0.83	0.39	0.25	0.34	-0.98		0.38	0.44	0.41	0.14	0.88	0.26	0.95	0.46	0.79	0.31	0.15	0.96	0.14	0.89	0.25	0.39
Cash	0.55	-0.08	0.51	0.44	0.67	-0.08	-0.1	-0.49	-0.38	0.38		0.02	-0.14	-0.15	0.43	0.18	0.34	-0.02	0.39	-0.08	-0.08	0.46	-0.28	0.69	-0.24	0.48
Non Current Assets Total	0.4	0.92	0.58	0.39	0.28	0.96	0.58	0.75	-0.46	0.44	0.02		0.78	0.38	0.38	0.87	0.4	0.97	0.31	0.91	0.29	0.45	-0.04	0.34	0.04	0.2
Non Currrent Assets Other	0.44	0.6	0.54	0.53	0.29	0.68	0.58	0.61	-0.5	0.41	-0.14	0.78		0.48	0.25	0.48	0.5	0.86	0.15	0.63	0.57	0.51	0.08	0.28	0.19	0.36
Other Assets	0.29	0.23	0.15	0.31	0.3	0.24	0.95	0.24	-0.24	0.14	-0.15	0.38	0.48		0.14	0.09	0.37	0.46	0.24	0.21	0.46	0.27	0.4	0.15	0.5	0.32
Long Term Debt	0.83	0.41	0.17	0.46	0.7	0.41	0.23	0.36	-0.82	0.88	0.43	0.38	0.25	0.14		0.38	0.78	0.35	0.95	0.41	0.06	0.88	-0.09	0.91	0.01	0.06
Cash And Short Term Investments	0.2	0.94	0.36	0.05	0.09	0.92	0.27	0.65	-0.21	0.26	0.18	0.87	0.48	0.09	0.38		0.11	0.77	0.34	0.95	0.08	0.25	-0.32	0.3	-0.27	-0.12
Net Receivables	0.96	0.22	0.52	0.87	0.88	0.28	0.42	0.24	-0.98	0.95	0.34	0.4	0.5	0.37	0.78	0.11		0.46	0.71	0.19	0.32	0.97	0.3	0.85	0.43	0.57
Common Stock Shares Outstanding	0.44	0.86	0.62	0.47	0.33	0.91	0.63	0.72	-0.5	0.46	-0.02	0.97	0.86	0.46	0.35	0.77	0.46		0.28	0.85	0.34	0.48	0.05	0.33	0.15	0.31
Short Term Investments	0.76	0.38	0.04	0.36	0.67	0.35	0.27	0.34	-0.71	0.79	0.39	0.31	0.15	0.24	0.95	0.34	0.71	0.28		0.37	0.17	0.79	0.06	0.85	0.15	0.01
Non Current Liabilities Total	0.2	0.99	0.26	0.05	0.03	0.98	0.38	0.85	-0.27	0.31	-0.08	0.91	0.63	0.21	0.41	0.95	0.19	0.85	0.37		0.18	0.3	-0.21	0.25	-0.15	-0.2
Other Current Assets	0.28	0.18	0.22	0.36	0.26	0.2	0.38	0.25	-0.19	0.15	-0.08	0.29	0.57	0.46	0.06	0.08	0.32	0.34	0.17	0.18		0.28	0.46	0.21	0.49	0.28
Total Liab	0.98	0.31	0.51	0.81	0.88	0.36	0.35	0.27	-0.98	0.96	0.46	0.45	0.51	0.27	0.88	0.25	0.97	0.48	0.79	0.3	0.28		0.11	0.94	0.24	0.48
Short Long Term Debt	0.13	-0.1	0.08	0.35	0.16	-0.1	0.24	0.07	-0.16	0.14	-0.28	-0.04	0.08	0.4	-0.09	-0.32	0.3	0.05	0.06	-0.21	0.46	0.11		-0.02	0.99	0.31
Total Current Assets	0.95	0.25	0.45	0.7	0.89	0.27	0.22	0.09	-0.87	0.89	0.69	0.34	0.28	0.15	0.91	0.3	0.85	0.33	0.85	0.25	0.21	0.94	-0.02		0.09	0.41
Short Term Debt	0.26	-0.05	0.15	0.46	0.27	-0.04	0.35	0.12	-0.28	0.25	-0.24	0.04	0.19	0.5	0.01	-0.27	0.43	0.15	0.15	-0.15	0.49	0.24	0.99	0.09		0.39
Intangible Assets	0.59	-0.17	0.83	0.87	0.73	-0.07	0.36	-0.34	-0.53	0.39	0.48	0.2	0.36	0.32	0.06	-0.12	0.57	0.31	0.01	-0.2	0.28	0.48	0.31	0.41	0.39

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CHAR Technologies Account Relationship Matchups

CHAR Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4M	10.3M	9.9M	18.9M	465.4K	442.1K
Other Current Liab	98.7K	3.0M	2.4M	1.1M	1.2M	754.1K
Total Current Liabilities	874.8K	3.9M	4.4M	3.2M	120.4K	114.4K
Total Stockholder Equity	1.3M	5.5M	4.7M	6.9M	303.4K	288.2K
Property Plant And Equipment Net	1.2M	1.5M	3.8M	9.2M	10.5M	11.1M
Current Deferred Revenue	525.0K	506.9K	596.1K	598.3K	688.0K	550.8K
Net Debt	172.4K	(2.7M)	426.4K	1.7M	2.0M	2.1M
Retained Earnings	(5.5M)	(8.8M)	(15.7M)	(24.1M)	(441.5K)	(463.6K)
Accounts Payable	209.6K	333.5K	807.6K	1.4M	50.7K	48.2K
Cash	129.1K	3.0M	460.5K	2.1M	347.4K	330.0K
Non Current Assets Total	2.7M	6.1M	7.7M	10.6M	12.2M	12.8M
Cash And Short Term Investments	129.1K	3.0M	460.5K	6.1M	7.0M	7.4M
Net Receivables	352.4K	693.4K	1.2M	1.7M	40.3K	38.3K
Common Stock Shares Outstanding	45.1M	64.0M	77.9M	88.5M	101.7M	106.8M
Liabilities And Stockholders Equity	3.4M	10.3M	9.9M	18.9M	21.7M	22.8M
Non Current Liabilities Total	1.2M	880.3K	834.5K	8.7M	10.0M	10.5M
Other Current Assets	62.2K	283.4K	229.5K	196.2K	225.7K	224.5K
Total Liab	2.1M	4.8M	5.3M	11.9M	162.0K	153.9K
Total Current Assets	658.4K	4.2M	2.2M	8.3M	396.5K	376.6K
Accumulated Other Comprehensive Income	511.1K	2.6M	5.1M	7.0M	8.1M	8.5M
Short Term Debt	41.6K	50.7K	662.5K	126.9K	41.6K	39.5K
Intangible Assets	799.9K	672.9K	3.9M	3.3M	786.3K	40.5K
Net Tangible Assets	(282.2K)	952.9K	770.3K	260.7K	234.6K	222.9K
Property Plant Equipment	1.1M	1.5M	3.8M	23.2K	26.7K	25.4K
Other Liab	1.5M	905.2K	622.4K	610.1K	549.1K	716.7K
Inventory	114.6K	270.2K	323.6K	312.5K	359.4K	227.5K
Net Invested Capital	1.5M	5.8M	5.5M	9.4M	10.8M	11.4M
Net Working Capital	(216.5K)	350.0K	(2.2M)	5.0M	5.8M	6.1M

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