Century Accounts Payable vs Property Plant and Equipment Net Analysis
CCS Stock | USD 82.14 1.66 1.98% |
Century Communities financial indicator trend analysis is way more than just evaluating Century Communities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Communities is a good investment. Please check the relationship between Century Communities Accounts Payable and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant and Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Communities Accounts Payable account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Century Communities' Accounts Payable and Property Plant and Equipment Net is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of Century Communities, assuming nothing else is changed. The correlation between historical values of Century Communities' Accounts Payable and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Century Communities are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Accounts Payable i.e., Century Communities' Accounts Payable and Property Plant and Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Century Communities obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Century Communities are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Century Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Communities 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 Century Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.At this time, Century Communities' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 14.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 262.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.1B | 853.7M | 484.0M | Total Revenue | 4.2B | 4.5B | 3.7B | 2.2B |
Century Communities fundamental ratios Correlations
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Century Communities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Century Communities fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.8B | 3.5B | 3.8B | 4.1B | 2.2B | |
Short Long Term Debt Total | 1.1B | 1.2B | 1.3B | 1.2B | 1.3B | 841.4M | |
Other Current Liab | 214.0M | 43.7M | 316.9M | 299.6M | 174.9M | 133.2M | |
Total Current Liabilities | 367.5M | 410.5M | 401.6M | 406.5M | 322.1M | 267.6M | |
Total Stockholder Equity | 1.1B | 1.3B | 1.8B | 2.2B | 2.4B | 2.5B | |
Other Liab | 120.9M | 110.7M | 145.0M | 146.4M | 168.3M | 86.7M | |
Property Plant And Equipment Net | 36.0M | 28.4M | 24.9M | 31.7M | 205.4M | 215.6M | |
Net Debt | 1.1B | 759.9M | 1.0B | 920.3M | 1.1B | 693.2M | |
Accounts Payable | 84.8M | 107.7M | 84.7M | 106.9M | 147.3M | 154.6M | |
Cash | 55.4M | 394.0M | 316.3M | 296.7M | 226.2M | 148.3M | |
Non Current Assets Total | 77.2M | 71.2M | 76.6M | 82.9M | 725.3M | 761.6M | |
Non Currrent Assets Other | (185.2M) | 8.1M | 28.3M | 19.8M | 388.7M | 408.1M | |
Other Assets | 15.2M | 521.4M | 443.4M | 510.7M | (350.2M) | (332.7M) | |
Long Term Debt | 896.7M | 894.9M | 1.3B | 1.2B | 1.3B | 762.9M | |
Cash And Short Term Investments | 55.4M | 394.0M | 316.3M | 296.7M | 226.2M | 148.3M | |
Net Receivables | 27.4M | 21.8M | 41.9M | 52.8M | 104.1M | 109.3M | |
Common Stock Total Equity | 331K | 334K | 338K | 318K | 286.2K | 271.9K | |
Common Stock Shares Outstanding | 31.2M | 33.6M | 34.4M | 33.0M | 32.2M | 28.0M | |
Liabilities And Stockholders Equity | 2.5B | 2.8B | 3.5B | 3.8B | 4.1B | 2.2B | |
Non Current Liabilities Total | 1.1B | 1.2B | 1.3B | 1.2B | 1.4B | 829.2M | |
Inventory | 2.0B | 1.9B | 2.5B | 2.8B | 3.0B | 1.6B | |
Other Current Assets | 344.4M | 428.4M | 605.4M | 250.5M | 417.3M | 220.9M | |
Other Stockholder Equity | 684.4M | 697.2M | 697.8M | 584.8M | 593.0M | 524.0M | |
Total Liab | 1.4B | 1.6B | 1.7B | 1.6B | 1.8B | 1.1B | |
Property Plant And Equipment Gross | 54.9M | 44.6M | 80.1M | 117.8M | 230.9M | 242.5M | |
Total Current Assets | 2.4B | 2.8B | 3.4B | 3.7B | 3.8B | 2.1B | |
Short Term Debt | 68.7M | 259.1M | 358.5M | 232.3M | 264.0M | 251.3M | |
Common Stock | 331K | 334K | 338K | 318K | 286.2K | 271.9K | |
Property Plant Equipment | 36.0M | 28.4M | 24.9M | 31.7M | 36.4M | 22.0M | |
Retained Earnings | 377.0M | 583.2M | 1.1B | 1.6B | 1.8B | 1.9B | |
Intangible Assets | 5.1M | 208K | 13.7M | 24.2M | 30.9M | 32.5M | |
Net Tangible Assets | 1.0B | 1.3B | 1.7B | 2.1B | 2.4B | 2.6B | |
Retained Earnings Total Equity | 377.0M | 583.2M | 1.1B | 1.6B | 1.8B | 1.9B | |
Long Term Debt Total | 896.7M | 894.9M | 1.3B | 1.2B | 1.4B | 852.4M | |
Capital Surpluse | 684.4M | 697.2M | 697.8M | 584.8M | 672.5M | 593.9M | |
Deferred Long Term Liab | 4.6M | 3.2M | 5.1M | 4.6M | 5.3M | 3.1M | |
Short Long Term Debt | 844.4M | 307.1M | 242.8M | 259.1M | 297.9M | 357.3M |
Pair Trading with Century Communities
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 Communities 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 Communities will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Century Communities 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 Communities 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 Communities - 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 Communities to buy it.
The correlation of Century Communities 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 Communities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Communities 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 Communities 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.Note that the Century Communities information on this page should be used as a complementary analysis to other Century Communities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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Is Century Communities' 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 Communities. 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 Communities 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 0.154 | Dividend Share 0.92 | Earnings Share 8.05 | Revenue Per Share 115.674 | Quarterly Revenue Growth 0.022 |
The market value of Century Communities 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 Communities' value that differs from its market value or its book value, called intrinsic value, which is Century Communities' 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 Communities' market value can be influenced by many factors that don't directly affect Century Communities' 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 Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Communities' 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.