Century Aluminum (NASDAQ:CENX) continues to rise

Century Aluminum Calculated Tax Rate is fairly stable at the moment as compared to the past year. Century Aluminum reported Calculated Tax Rate of 15.75 in 2020. Receivables Turnover is likely to rise to 30.47 in 2021, whereas Net Income Per Employee is likely to drop (60.7 K) in 2021. As many millenniums are excited about basic materials space, it is only fair to break down Century Aluminum C. We will analyze why it could be a much better year for Century Aluminum shareholders. In this post, I will also go over a few different drivers affecting Century Aluminum's products and services, and explain how it may impact Century Aluminum investors.
Published over a year ago
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Reviewed by Gabriel Shpitalnik

Our trade advice tool can cross-verify current analyst consensus on Century Aluminum C and to analyze the company potential to grow in the current economic cycle.
The performance of Century Aluminum in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Century Aluminum's stock prices. When investing in Century Aluminum, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Century Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Century Aluminum carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.

How important is Century Aluminum's Liquidity

Century Aluminum financial leverage refers to using borrowed capital as a funding source to finance Century Aluminum ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Century Aluminum financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Century Aluminum's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Century Aluminum's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Century Aluminum's total debt and its cash.

Century Aluminum Gross Profit

Century Aluminum Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Century Aluminum previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Century Aluminum Gross Profit growth over the last 10 years. Please check Century Aluminum's gross profit and other fundamental indicators for more details.

Breaking it down a bit more

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Century Aluminum has an asset utilization ratio of 99.86 percent. This suggests that the company is making $1.0 for each dollar of assets. An increasing asset utilization means that Century Aluminum C is more efficient with each dollar of assets it utilizes for everyday operations.

Our perspective of the current Century Aluminum rise

Current downside deviation is at 5.05. Century Aluminum C exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Century Aluminum C individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Century Aluminum future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Century Aluminum's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Century Aluminum's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Takeaway

While some other firms under the aluminum industry are still a bit expensive, Century Aluminum may offer a potential longer-term growth to investors. In closing, as of the 16th of October 2021, we believe Century Aluminum is currently fairly valued. It hyperactively responds to market trends and projects below average probability of financial unrest in the next two years. Our final 90 days 'Buy-Sell' recommendation on the company is Buy.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Century Aluminum. Please refer to our Terms of Use for any information regarding our disclosure principles.

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