CKX Short Term Investments vs Other Current Assets Analysis
| CKX Stock | USD 14.29 0.04 0.28% |
CKX Lands financial indicator trend analysis is way more than just evaluating CKX Lands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CKX Lands is a good investment. Please check the relationship between CKX Lands Short Term Investments and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.
Short Term Investments vs Other Current Assets
Short Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CKX Lands Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between CKX Lands' Short Term Investments and Other Current Assets is 0.27. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of CKX Lands, assuming nothing else is changed. The correlation between historical values of CKX Lands' Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of CKX Lands are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., CKX Lands' Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of CKX Lands balance sheet. It contains any investments CKX Lands undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CKX Lands can easily liquidate in the marketplace.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from CKX Lands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CKX Lands 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 CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.At this time, CKX Lands' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 146.2 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (738.17).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 689.1K | 1.0M | 1.4M | 1.3M | Total Revenue | 744.5K | 1.1M | 1.5M | 1.4M |
CKX Lands fundamental ratios Correlations
Click cells to compare fundamentals
CKX Lands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CKX Lands fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 15.9M | 16.3M | 17.1M | 17.7M | 18.8M | 11.8M | |
| Other Current Liab | 62.3K | 110.8K | 111.1K | (229.6K) | (184.8K) | (175.5K) | |
| Total Current Liabilities | 227.4K | 342.2K | 261.2K | 267.2K | 495.3K | 258.0K | |
| Total Stockholder Equity | 15.4M | 15.8M | 16.6M | 17.4M | 18.3M | 11.2M | |
| Property Plant And Equipment Net | 9.2M | 9.2M | 9.1M | 9.1M | 9.1M | 6.2M | |
| Net Debt | (3.3M) | (6.5M) | (7.4M) | (7.1M) | (7.5M) | (7.2M) | |
| Retained Earnings | 15.4M | 15.7M | 16.5M | 15.2M | 15.4M | 11.2M | |
| Accounts Payable | 62.3K | 110.8K | 111.1K | 37.6K | 159.2K | 167.1K | |
| Cash | 3.3M | 6.5M | 7.4M | 7.1M | 7.5M | 7.9M | |
| Non Current Assets Total | 9.2M | 9.2M | 9.1M | 9.4M | 9.4M | 7.2M | |
| Cash And Short Term Investments | 6.5M | 7.0M | 7.9M | 8.2M | 9.1M | 9.5M | |
| Net Receivables | 102.8K | 98.5K | 50.7K | 126.4K | 104.7K | 140.1K | |
| Short Term Investments | 3.2M | 502.6K | 502.8K | 1.0M | 1.5M | 1.8M | |
| Liabilities And Stockholders Equity | 15.9M | 16.3M | 17.1M | 17.7M | 18.8M | 11.8M | |
| Inventory | (244.8K) | (3.2M) | (502.6K) | (502.8K) | (452.5K) | (475.2K) | |
| Other Current Assets | 3.2M | 511.3K | 538.2K | 28.7K | (9.2M) | (8.7M) | |
| Other Stockholder Equity | 74.6K | 76.4K | 0.0 | 2.1M | 2.9M | 3.0M | |
| Total Liab | 415.1K | 529.9K | 448.9K | 267.2K | 495.3K | 399.7K | |
| Property Plant And Equipment Gross | 9.2M | 9.2M | 9.1M | 9.2M | 9.2M | 6.2M | |
| Total Current Assets | 6.6M | 7.1M | 8.0M | 8.3M | 9.4M | 9.9M | |
| Short Term Debt | 62.3K | 110.8K | 111.1K | 37.6K | 336.2K | 353.0K | |
| Property Plant Equipment | 9.2M | 9.2M | 9.1M | 9.1M | 10.4M | 6.4M | |
| Net Tangible Assets | 15.2M | 15.4M | 15.8M | 16.6M | 19.1M | 15.5M | |
| Retained Earnings Total Equity | 14.3M | 15.1M | 15.4M | 15.7M | 18.1M | 15.3M | |
| Net Invested Capital | 15.4M | 15.8M | 16.6M | 17.4M | 18.3M | 17.8M | |
| Net Working Capital | 6.4M | 6.7M | 7.7M | 8.0M | 8.9M | 7.5M | |
| Current Deferred Revenue | 165.2K | 231.4K | 150.1K | 229.6K | 184.8K | 196.9K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CKX Lands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CKX Lands' 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 Ckx Lands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ckx Lands Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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When running CKX Lands' price analysis, check to measure CKX Lands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CKX Lands is operating at the current time. Most of CKX Lands' value examination focuses on studying past and present price action to predict the probability of CKX Lands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CKX Lands' price. Additionally, you may evaluate how the addition of CKX Lands to your portfolios can decrease your overall portfolio volatility.
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Is CKX Lands' 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 CKX Lands. If investors know CKX 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 CKX Lands 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 (0.99) | Earnings Share (0.01) | Revenue Per Share 0.739 | Quarterly Revenue Growth (0.14) | Return On Assets 0.001 |
The market value of CKX Lands is measured differently than its book value, which is the value of CKX that is recorded on the company's balance sheet. Investors also form their own opinion of CKX Lands' value that differs from its market value or its book value, called intrinsic value, which is CKX Lands' 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 CKX Lands' market value can be influenced by many factors that don't directly affect CKX Lands' 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 CKX Lands' value and its price as these two are different measures arrived at by different means. Investors typically determine if CKX Lands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CKX Lands' 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.