Celsius Cash And Short Term Investments vs Other Current Assets Analysis
| CELH Stock | USD 77.13 0.18 0.23% |
Celsius Holdings financial indicator trend analysis is way more than just evaluating Celsius Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celsius Holdings is a good investment. Please check the relationship between Celsius Holdings Cash And 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 Celsius Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Celsius Stock please use our How to Invest in Celsius Holdings guide.
Cash And Short Term Investments vs Other Current Assets
Cash And 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 Celsius Holdings Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Celsius Holdings' Cash And Short Term Investments and Other Current Assets is 0.8. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Celsius Holdings, assuming nothing else is changed. The correlation between historical values of Celsius Holdings' Cash And 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 Cash And Short Term Investments of Celsius Holdings 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 Cash And Short Term Investments i.e., Celsius Holdings' Cash And Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Celsius Holdings balance sheet. This account contains Celsius Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Celsius Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Celsius Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celsius Holdings 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 Celsius Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Celsius Stock please use our How to Invest in Celsius Holdings guide.As of now, Celsius Holdings' Enterprise Value is increasing as compared to previous years.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 128.2M | 270.9M | 629.7M | 661.2M | Total Revenue | 314.3M | 653.6M | 1.3B | 1.4B |
Celsius Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Celsius Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Celsius Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 90.4M | 131.3M | 314.0M | 1.2B | 1.5B | 1.6B | |
| Short Long Term Debt Total | 9.5M | 1.1M | 1.4M | 1.2M | 2.2M | 2.1M | |
| Total Current Liabilities | 26.7M | 26.4M | 93.1M | 161.3M | 276.6M | 290.4M | |
| Total Stockholder Equity | 63.5M | 104.3M | 217.0M | 864.6M | 1.1B | 1.1B | |
| Net Debt | (13.6M) | (42.1M) | (14.9M) | (612.9M) | (753.8M) | (716.1M) | |
| Retained Earnings | (63.4M) | (55.4M) | (51.5M) | (238.8M) | (12.1M) | (12.7M) | |
| Cash | 23.1M | 43.2M | 16.3M | 614.2M | 756.0M | 793.8M | |
| Cash And Short Term Investments | 23.1M | 43.2M | 16.3M | 614.2M | 756.0M | 793.8M | |
| Common Stock Total Equity | 68.9K | 72.3K | 74.9K | 76K | 87.4K | 53.4K | |
| Common Stock Shares Outstanding | 192.6M | 223.3M | 233.1M | 226.9M | 237.0M | 248.8M | |
| Liabilities And Stockholders Equity | 90.4M | 131.3M | 314.0M | 1.2B | 1.5B | 1.6B | |
| Non Current Liabilities Total | 239.8K | 597.2K | 3.8M | 196.2M | 171.3M | 179.8M | |
| Other Stockholder Equity | 127.6M | 159.9M | 267.8M | 280.7M | 276.7M | 290.6M | |
| Total Liab | 26.9M | 27.0M | 97.0M | 357.5M | 447.9M | 470.3M | |
| Total Current Assets | 51.5M | 93.2M | 262.4M | 918.0M | 1.2B | 1.3B | |
| Common Stock | 68.9K | 72.3K | 74.9K | 76K | 77K | 53.4K | |
| Accounts Payable | 17.3M | 11.9M | 35.8M | 36.2M | 42.8M | 45.0M | |
| Non Current Assets Total | 38.9M | 38.1M | 51.7M | 304.1M | 345.6M | 362.9M | |
| Non Currrent Assets Other | 10.7M | 9.6M | 299.8K | 262.7M | 262.8M | 275.9M | |
| Net Receivables | 9.0M | 16.9M | 41.3M | 66.3M | 186.0M | 195.3M | |
| Inventory | 15.3M | 18.4M | 191.2M | 173.3M | 229.3M | 240.7M | |
| Other Current Assets | 4.2M | 14.6M | 13.6M | 11.3M | 19.5M | 20.5M | |
| Property Plant And Equipment Gross | 942.4K | 1.6M | 5.5M | 13.4M | 31.7M | 33.3M | |
| Other Current Liab | 107.4K | 425.2K | 51.2M | 106.0M | 223.2M | 234.4M | |
| Property Plant And Equipment Net | 942.4K | 1.6M | 4.4M | 11.4M | 27.0M | 28.4M | |
| Accumulated Other Comprehensive Income | (753.5K) | (202.1K) | 613.7K | (1.9M) | (701K) | (666.0K) | |
| Property Plant Equipment | 942.4K | 579.4K | 4.4M | 10.2M | 11.7M | 12.3M | |
| Net Tangible Assets | 36.3M | 77.3M | 186.2M | 14.2M | 16.3M | 15.5M | |
| Capital Surpluse | 127.6M | 159.9M | 267.8M | 280.7M | 322.8M | 338.9M | |
| Retained Earnings Total Equity | (63.4M) | (55.4M) | (51.5M) | (238.8M) | (214.9M) | (204.2M) | |
| Non Current Liabilities Other | 239.8K | 597.2K | 703.3K | 180.3M | 207.3M | 217.7M | |
| Net Invested Capital | 72.1M | 104.3M | 217.0M | 40.1M | 264.0M | 277.2M |
Celsius Holdings Investors Sentiment
The influence of Celsius Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Celsius. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Celsius Holdings' public news can be used to forecast risks associated with an investment in Celsius. The trend in average sentiment can be used to explain how an investor holding Celsius can time the market purely based on public headlines and social activities around Celsius Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Celsius Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Celsius Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Celsius Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Celsius Holdings.
Celsius Holdings Implied Volatility | 97.63 |
Celsius Holdings' implied volatility exposes the market's sentiment of Celsius Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Celsius Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Celsius Holdings stock will not fluctuate a lot when Celsius Holdings' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Celsius Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Celsius Holdings' short interest history, or implied volatility extrapolated from Celsius Holdings options trading.
Pair Trading with Celsius Holdings
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 Celsius Holdings 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 Celsius Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Celsius Stock
| 0.76 | SHOTW | Safety Shot Symbol Change | PairCorr |
| 0.69 | REED | Reeds Inc | PairCorr |
| 0.48 | ZVIA | Zevia Pbc Financial Report 14th of May 2024 | PairCorr |
| 0.46 | OTLY | Oatly Group AB Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Celsius Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celsius Holdings 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 Celsius Holdings - 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 Celsius Holdings to buy it.
The correlation of Celsius Holdings 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 Celsius Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celsius Holdings 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 Celsius Holdings 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 Celsius Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Celsius Stock please use our How to Invest in Celsius Holdings guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Celsius Stock analysis
When running Celsius Holdings' price analysis, check to measure Celsius Holdings' 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 Celsius Holdings is operating at the current time. Most of Celsius Holdings' value examination focuses on studying past and present price action to predict the probability of Celsius Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celsius Holdings' price. Additionally, you may evaluate how the addition of Celsius Holdings to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Transaction History View history of all your transactions and understand their impact on performance |
Is Celsius Holdings' 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 Celsius Holdings. If investors know Celsius 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 Celsius Holdings 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 3.333 | Earnings Share 0.77 | Revenue Per Share 5.711 | Quarterly Revenue Growth 0.952 | Return On Assets 0.1207 |
The market value of Celsius Holdings is measured differently than its book value, which is the value of Celsius that is recorded on the company's balance sheet. Investors also form their own opinion of Celsius Holdings' value that differs from its market value or its book value, called intrinsic value, which is Celsius Holdings' 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 Celsius Holdings' market value can be influenced by many factors that don't directly affect Celsius Holdings' 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 Celsius Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Celsius Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celsius Holdings' 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.