CHAR Net Receivables vs Common Stock Shares Outstanding Analysis

YES Stock  CAD 0.30  0.01  3.45%   
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 Net Receivables and its Common Stock Shares Outstanding 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CHAR Technologies Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CHAR Technologies' Net Receivables and Common Stock Shares Outstanding is 0.46. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding 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' Net Receivables and Common Stock Shares Outstanding 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 Receivables of CHAR Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., CHAR Technologies' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

0.220.570.860.950.270.360.14-0.960.940.550.40.440.290.830.20.960.440.760.20.280.980.130.950.260.59
0.220.290.090.060.990.390.86-0.290.34-0.080.920.60.230.410.940.220.860.380.990.180.31-0.10.25-0.05-0.17
0.570.290.820.620.380.310.01-0.550.470.510.580.540.150.170.360.520.620.040.260.220.510.080.450.150.83
0.860.090.820.860.180.380.0-0.850.760.440.390.530.310.460.050.870.470.360.050.360.810.350.70.460.87
0.950.060.620.860.120.36-0.09-0.870.830.670.280.290.30.70.090.880.330.670.030.260.880.160.890.270.73
0.270.990.380.180.120.420.86-0.360.39-0.080.960.680.240.410.920.280.910.350.980.20.36-0.10.27-0.04-0.07
0.360.390.310.380.360.420.37-0.350.25-0.10.580.580.950.230.270.420.630.270.380.380.350.240.220.350.36
0.140.860.010.0-0.090.860.37-0.290.34-0.490.750.610.240.360.650.240.720.340.850.250.270.070.090.12-0.34
-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
0.940.340.470.760.830.390.250.34-0.980.380.440.410.140.880.260.950.460.790.310.150.960.140.890.250.39
0.55-0.080.510.440.67-0.08-0.1-0.49-0.380.380.02-0.14-0.150.430.180.34-0.020.39-0.08-0.080.46-0.280.69-0.240.48
0.40.920.580.390.280.960.580.75-0.460.440.020.780.380.380.870.40.970.310.910.290.45-0.040.340.040.2
0.440.60.540.530.290.680.580.61-0.50.41-0.140.780.480.250.480.50.860.150.630.570.510.080.280.190.36
0.290.230.150.310.30.240.950.24-0.240.14-0.150.380.480.140.090.370.460.240.210.460.270.40.150.50.32
0.830.410.170.460.70.410.230.36-0.820.880.430.380.250.140.380.780.350.950.410.060.88-0.090.910.010.06
0.20.940.360.050.090.920.270.65-0.210.260.180.870.480.090.380.110.770.340.950.080.25-0.320.3-0.27-0.12
0.960.220.520.870.880.280.420.24-0.980.950.340.40.50.370.780.110.460.710.190.320.970.30.850.430.57
0.440.860.620.470.330.910.630.72-0.50.46-0.020.970.860.460.350.770.460.280.850.340.480.050.330.150.31
0.760.380.040.360.670.350.270.34-0.710.790.390.310.150.240.950.340.710.280.370.170.790.060.850.150.01
0.20.990.260.050.030.980.380.85-0.270.31-0.080.910.630.210.410.950.190.850.370.180.3-0.210.25-0.15-0.2
0.280.180.220.360.260.20.380.25-0.190.15-0.080.290.570.460.060.080.320.340.170.180.280.460.210.490.28
0.980.310.510.810.880.360.350.27-0.980.960.460.450.510.270.880.250.970.480.790.30.280.110.940.240.48
0.13-0.10.080.350.16-0.10.240.07-0.160.14-0.28-0.040.080.4-0.09-0.320.30.050.06-0.210.460.11-0.020.990.31
0.950.250.450.70.890.270.220.09-0.870.890.690.340.280.150.910.30.850.330.850.250.210.94-0.020.090.41
0.26-0.050.150.460.27-0.040.350.12-0.280.25-0.240.040.190.50.01-0.270.430.150.15-0.150.490.240.990.090.39
0.59-0.170.830.870.73-0.070.36-0.34-0.530.390.480.20.360.320.06-0.120.570.310.01-0.20.280.480.310.410.39
Click cells to compare fundamentals

CHAR Technologies Account Relationship Matchups

CHAR Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M10.3M9.9M18.9M465.4K442.1K
Other Current Liab98.7K3.0M2.4M1.1M1.2M754.1K
Total Current Liabilities874.8K3.9M4.4M3.2M120.4K114.4K
Total Stockholder Equity1.3M5.5M4.7M6.9M303.4K288.2K
Property Plant And Equipment Net1.2M1.5M3.8M9.2M10.5M11.1M
Current Deferred Revenue525.0K506.9K596.1K598.3K688.0K550.8K
Net Debt172.4K(2.7M)426.4K1.7M2.0M2.1M
Retained Earnings(5.5M)(8.8M)(15.7M)(24.1M)(441.5K)(463.6K)
Accounts Payable209.6K333.5K807.6K1.4M50.7K48.2K
Cash129.1K3.0M460.5K2.1M347.4K330.0K
Non Current Assets Total2.7M6.1M7.7M10.6M12.2M12.8M
Cash And Short Term Investments129.1K3.0M460.5K6.1M7.0M7.4M
Net Receivables352.4K693.4K1.2M1.7M40.3K38.3K
Common Stock Shares Outstanding45.1M64.0M77.9M88.5M101.7M106.8M
Liabilities And Stockholders Equity3.4M10.3M9.9M18.9M21.7M22.8M
Non Current Liabilities Total1.2M880.3K834.5K8.7M10.0M10.5M
Other Current Assets62.2K283.4K229.5K196.2K225.7K224.5K
Total Liab2.1M4.8M5.3M11.9M162.0K153.9K
Total Current Assets658.4K4.2M2.2M8.3M396.5K376.6K
Accumulated Other Comprehensive Income511.1K2.6M5.1M7.0M8.1M8.5M
Short Term Debt41.6K50.7K662.5K126.9K41.6K39.5K
Intangible Assets799.9K672.9K3.9M3.3M786.3K40.5K
Net Tangible Assets(282.2K)952.9K770.3K260.7K234.6K222.9K
Property Plant Equipment1.1M1.5M3.8M23.2K26.7K25.4K
Other Liab1.5M905.2K622.4K610.1K549.1K716.7K
Inventory114.6K270.2K323.6K312.5K359.4K227.5K
Net Invested Capital1.5M5.8M5.5M9.4M10.8M11.4M
Net Working Capital(216.5K)350.0K(2.2M)5.0M5.8M6.1M

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Additional Tools for CHAR Stock Analysis

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