Century Non Current Assets Total from 2010 to 2024

CENX Stock  USD 17.39  0.16  0.91%   
Century Aluminum Non Current Assets Total yearly trend continues to be fairly stable with very little volatility. Non Current Assets Total are likely to outpace its year average in 2024. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
1996-03-31
Previous Quarter
1.1 B
Current Value
1.1 B
Quarterly Volatility
494.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Century Aluminum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Century main balance sheet or income statement drivers, such as Depreciation And Amortization of 67.5 M, Interest Expense of 23.1 M or Selling General Administrative of 6.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.014 or PTB Ratio of 2.17. Century financial statements analysis is a perfect complement when working with Century Aluminum Valuation or Volatility modules.
  
This module can also supplement Century Aluminum's financial leverage analysis and stock options assessment as well as various Century Aluminum Technical models . Check out the analysis of Century Aluminum Correlation against competitors.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.

Latest Century Aluminum's Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of Century Aluminum over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Century Aluminum's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Century Aluminum's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total10 Years Trend
Very volatile
   Non Current Assets Total   
       Timeline  

Century Non Current Assets Total Regression Statistics

Arithmetic Mean1,058,532,452
Geometric Mean982,894,432
Coefficient Of Variation28.23
Mean Deviation195,008,022
Median1,079,400,000
Standard Deviation298,861,609
Sample Variance89318.3T
Range1.2B
R-Value(0.07)
Mean Square Error95736T
R-Squared0
Significance0.81
Slope(4,585,520)
Total Sum of Squares1250455.7T

Century Non Current Assets Total History

20241.1 B
20231.1 B
2022794.2 M
2021951.7 M
2020943.6 M
2019B
2018B

About Century Aluminum Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Century Aluminum income statement, its balance sheet, and the statement of cash flows. Century Aluminum investors use historical funamental indicators, such as Century Aluminum's Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although Century Aluminum investors may use each financial statement separately, they are all related. The changes in Century Aluminum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Century Aluminum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Century Aluminum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Century Aluminum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Assets Total1.1 B1.1 B

Pair Trading with Century Aluminum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Century Aluminum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Century Aluminum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Century Stock

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The ability to find closely correlated positions to Century Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Aluminum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Century Aluminum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Century Aluminum to buy it.
The correlation of Century Aluminum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Century Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Aluminum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Century Aluminum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Century Aluminum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Century Aluminum's 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 Century Aluminum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Century Aluminum Stock:
Check out the analysis of Century Aluminum Correlation against competitors.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Century Aluminum's 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 Century Aluminum. If investors know Century 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 Century Aluminum 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
(0.80)
Earnings Share
(0.47)
Revenue Per Share
23.652
Quarterly Revenue Growth
(0.03)
Return On Assets
0.012
The market value of Century Aluminum is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Century Aluminum's 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 Century Aluminum's market value can be influenced by many factors that don't directly affect Century Aluminum's 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 Century Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Aluminum's 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.