Century Total Current Assets vs Inventory Analysis

CENX Stock  USD 18.12  0.90  5.23%   
Century Aluminum financial indicator trend analysis is way more than just evaluating Century Aluminum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Aluminum is a good investment. Please check the relationship between Century Aluminum Total Current Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.

Total Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Aluminum Total Current Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Century Aluminum's Total Current Assets and Inventory is 0.66. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Century Aluminum, assuming nothing else is changed. The correlation between historical values of Century Aluminum's Total Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Century Aluminum are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., Century Aluminum's Total Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Inventory

Most indicators from Century Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Aluminum 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 Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.Selling General Administrative is likely to drop to about 6.3 M in 2024. Tax Provision is likely to rise to about (36.5 M) in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.1B2.7B2.1B1.4B
EBITDA152.5M98.4M106.6M146.5M

Century Aluminum fundamental ratios Correlations

0.430.180.230.70.950.11-0.580.380.640.950.580.640.170.850.830.150.250.850.580.540.580.810.820.590.51
0.430.440.72-0.280.190.92-0.90.77-0.120.18-0.03-0.110.280.590.80.780.330.550.90.70.840.690.70.48-0.15
0.180.440.89-0.30.030.36-0.390.84-0.020.05-0.010.020.62-0.070.390.710.07-0.110.590.770.410.070.090.22-0.5
0.230.720.89-0.40.010.67-0.610.97-0.160.03-0.14-0.130.560.090.520.890.350.050.770.790.610.220.250.28-0.45
0.7-0.28-0.3-0.40.85-0.540.01-0.270.750.860.670.74-0.240.50.27-0.470.010.53-0.170.02-0.110.340.340.310.68
0.950.190.030.010.85-0.12-0.420.160.71.00.650.690.010.790.68-0.080.210.80.340.370.320.710.710.550.63
0.110.920.360.67-0.54-0.12-0.750.69-0.51-0.13-0.26-0.50.320.350.530.80.320.310.770.50.70.480.490.28-0.26
-0.58-0.9-0.39-0.610.01-0.42-0.75-0.71-0.07-0.41-0.19-0.08-0.13-0.75-0.9-0.72-0.23-0.74-0.82-0.66-0.72-0.83-0.84-0.76-0.12
0.380.770.840.97-0.270.160.69-0.71-0.090.180.01-0.060.510.250.640.910.310.210.830.840.70.370.40.42-0.28
0.64-0.12-0.02-0.160.750.7-0.51-0.07-0.090.710.591.0-0.180.430.39-0.34-0.070.440.030.230.10.310.310.330.35
0.950.180.050.030.861.0-0.13-0.410.180.710.660.710.020.760.68-0.070.220.780.330.390.30.680.680.550.61
0.58-0.03-0.01-0.140.670.65-0.26-0.190.010.590.660.59-0.120.480.41-0.14-0.250.480.040.280.060.40.40.50.5
0.64-0.110.02-0.130.740.69-0.5-0.08-0.061.00.710.59-0.180.410.4-0.31-0.070.420.040.260.10.290.30.340.33
0.170.280.620.56-0.240.010.32-0.130.51-0.180.02-0.12-0.18-0.010.190.410.08-0.050.510.380.480.110.12-0.24-0.38
0.850.59-0.070.090.50.790.35-0.750.250.430.760.480.41-0.010.860.180.181.00.610.360.620.970.970.680.56
0.830.80.390.520.270.680.53-0.90.640.390.680.410.40.190.860.520.180.840.830.740.760.90.910.760.25
0.150.780.710.89-0.47-0.080.8-0.720.91-0.34-0.07-0.14-0.310.410.180.520.180.150.740.660.660.330.350.44-0.3
0.250.330.070.350.010.210.32-0.230.31-0.070.22-0.25-0.070.080.180.180.180.160.340.080.20.150.15-0.050.07
0.850.55-0.110.050.530.80.31-0.740.210.440.780.480.42-0.051.00.840.150.160.570.330.580.970.960.690.6
0.580.90.590.77-0.170.340.77-0.820.830.030.330.040.040.510.610.830.740.340.570.730.920.720.730.46-0.07
0.540.70.770.790.020.370.5-0.660.840.230.390.280.260.380.360.740.660.080.330.730.650.440.460.48-0.31
0.580.840.410.61-0.110.320.7-0.720.70.10.30.060.10.480.620.760.660.20.580.920.650.710.710.37-0.04
0.810.690.070.220.340.710.48-0.830.370.310.680.40.290.110.970.90.330.150.970.720.440.711.00.720.46
0.820.70.090.250.340.710.49-0.840.40.310.680.40.30.120.970.910.350.150.960.730.460.711.00.730.45
0.590.480.220.280.310.550.28-0.760.420.330.550.50.34-0.240.680.760.44-0.050.690.460.480.370.720.730.44
0.51-0.15-0.5-0.450.680.63-0.26-0.12-0.280.350.610.50.33-0.380.560.25-0.30.070.6-0.07-0.31-0.040.460.450.44
Click cells to compare fundamentals

Century Aluminum Account Relationship Matchups

Century Aluminum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.6B1.5B1.8B1.6B
Short Long Term Debt Total319.8M340.2M474.1M548.6M503.4M380.1M
Other Current Liab108.8M106.4M102.1M97.3M281.7M295.8M
Total Current Liabilities233.7M240.3M547.4M410.7M763M801.2M
Total Stockholder Equity675M546.1M421M399.3M355.6M622.8M
Property Plant And Equipment Net949.2M880.4M892.5M744.4M1.0B947.5M
Net Debt280.9M258.6M445.1M494.3M413.1M257.9M
Retained Earnings(1.7B)(1.8B)(1.9B)(2.0B)(2.0B)(1.9B)
Accounts Payable97.1M106.1M186.5M167.3M249.5M262.0M
Non Current Assets Total1.0B943.6M951.7M794.2M1.1B1.1B
Non Currrent Assets Other62.7M63.2M12.1M49.8M50.5M63.8M
Net Receivables100.2M61.3M88.9M71.7M169.4M97.2M
Common Stock Shares Outstanding88.8M89.5M90.2M91.4M92.4M65.7M
Liabilities And Stockholders Equity1.5B1.4B1.6B1.5B1.8B1.6B
Non Current Liabilities Total591M613.2M601.5M662M739.4M637.5M
Inventory320.6M291.1M425.6M398.8M477M500.9M
Other Current Assets27.6M22M74.7M24.5M30.4M36.0M
Other Stockholder Equity2.4B2.4B2.4B2.5B2.5B1.7B
Total Liab824.7M853.5M1.1B1.1B1.5B936.7M
Property Plant And Equipment Gross949.2M880.4M892.5M1.9B2.2B2.3B
Total Current Assets487.3M456M618.2M677.8M767.1M479.0M
Accumulated Other Comprehensive Income(109.8M)(118.8M)(82.3M)(94M)(97.9M)(102.8M)
Other Liab299M300.8M248.8M259.5M298.4M335.0M
Property Plant Equipment949.2M880.4M892.5M765.3M880.1M1.1B
Long Term Debt249.2M243.1M329.8M381.6M430.9M243.9M
Net Tangible Assets675M546.1M421M399.3M359.4M634.8M
Retained Earnings Total Equity(1.6B)(1.7B)(1.8B)(1.9B)(1.8B)(1.8B)
Long Term Debt Total248.6M249.2M243.1M329.8M379.3M280.7M
Capital Surpluse2.5B2.5B2.5B2.5B2.9B2.8B
Deferred Long Term Liab104.3M95.1M89.2M58.7M52.8M78.4M

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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
2.21
Revenue Per Share
22.946
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.0001)
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.