CSX Non Current Liabilities Total vs Cash Analysis

CSX Stock  USD 32.99  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 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 closely tied with the direction of predictive economic indicators such as signals in state.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash 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. At this time, the significance of the direction appears to have strong relationship.
The correlation between CSX's Non Current Liabilities Total and Cash is 0.62. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash 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 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. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., CSX's Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Cash

Cash refers to the most liquid asset of CSX Corporation, which is listed under current asset account on CSX Corporation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CSX customers. The amounts must be unrestricted with restricted cash listed in a different CSX account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 closely tied 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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