CKX Non Currrent Assets Other vs Total Current Liabilities Analysis

CKX Stock  USD 13.94  0.03  0.21%   
CKX Lands financial indicator trend analysis is way more than just evaluating CKX Lands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CKX Lands is a good investment. Please check the relationship between CKX Lands Non Currrent Assets Other and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CKX Lands Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CKX Lands' Non Currrent Assets Other and Total Current Liabilities is 0.48. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CKX Lands, assuming nothing else is changed. The correlation between historical values of CKX Lands' Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of CKX Lands are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., CKX Lands' Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Liabilities

Total Current Liabilities is an item on CKX Lands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CKX Lands are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from CKX Lands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CKX Lands 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 CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.At this time, CKX Lands' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 146.2 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (738.17).
 2021 2022 2023 2024 (projected)
Gross Profit689.1K1.0M1.4M1.3M
Total Revenue744.5K1.1M1.5M1.4M

CKX Lands fundamental ratios Correlations

0.87-0.610.051.00.91-0.520.970.420.490.870.250.72-0.15-0.630.00.29-0.19-0.080.240.220.910.70.14-0.22-0.58
0.87-0.49-0.310.880.74-0.380.910.30.340.7-0.150.560.22-0.280.080.33-0.30.13-0.08-0.050.740.57-0.170.08-0.79
-0.61-0.49-0.03-0.61-0.440.56-0.5-0.33-0.57-0.47-0.1-0.77-0.130.520.43-0.230.020.52-0.220.17-0.45-0.77-0.410.170.09
0.05-0.31-0.030.040.14-0.19-0.140.250.20.120.480.04-0.45-0.470.12-0.350.49-0.610.160.710.150.030.69-0.130.57
1.00.88-0.610.040.91-0.520.970.410.490.870.230.72-0.13-0.610.010.29-0.19-0.070.230.20.910.70.12-0.22-0.59
0.910.74-0.440.140.91-0.240.90.580.220.980.420.48-0.33-0.730.010.4-0.260.030.250.431.00.450.1-0.24-0.54
-0.52-0.380.56-0.19-0.52-0.24-0.450.0-1.0-0.160.09-0.87-0.210.240.330.48-0.420.55-0.070.02-0.25-0.88-0.470.030.15
0.970.91-0.5-0.140.970.9-0.450.410.420.860.160.68-0.08-0.53-0.040.35-0.280.080.20.160.90.660.0-0.19-0.73
0.420.3-0.330.250.410.580.00.410.020.640.340.25-0.21-0.63-0.350.43-0.01-0.360.190.520.570.250.46-0.18-0.09
0.490.34-0.570.20.490.22-1.00.420.020.14-0.080.870.21-0.25-0.4-0.470.43-0.590.07-0.020.230.880.51-0.04-0.11
0.870.7-0.470.120.870.98-0.160.860.640.140.480.44-0.38-0.78-0.060.49-0.310.020.240.440.980.410.11-0.23-0.49
0.25-0.15-0.10.480.230.420.090.160.34-0.080.480.07-0.91-0.68-0.060.26-0.13-0.150.540.610.420.020.35-0.530.32
0.720.56-0.770.040.720.48-0.870.680.250.870.440.070.08-0.49-0.490.020.06-0.510.290.00.481.00.5-0.26-0.25
-0.150.22-0.13-0.45-0.13-0.33-0.21-0.08-0.210.21-0.38-0.910.080.61-0.12-0.240.23-0.02-0.56-0.65-0.330.14-0.230.57-0.35
-0.63-0.280.52-0.47-0.61-0.730.24-0.53-0.63-0.25-0.78-0.68-0.490.610.32-0.360.130.41-0.39-0.65-0.73-0.46-0.590.37-0.07
0.00.080.430.120.010.010.33-0.04-0.35-0.4-0.06-0.06-0.49-0.120.32-0.12-0.050.47-0.060.00.01-0.5-0.490.03-0.1
0.290.33-0.23-0.350.290.40.480.350.43-0.470.490.260.02-0.24-0.36-0.12-0.740.270.290.030.40.0-0.13-0.3-0.23
-0.19-0.30.020.49-0.19-0.26-0.42-0.28-0.010.43-0.31-0.130.060.230.13-0.05-0.74-0.56-0.270.07-0.260.090.440.290.29
-0.080.130.52-0.61-0.070.030.550.08-0.36-0.590.02-0.15-0.51-0.020.410.470.27-0.56-0.08-0.30.03-0.52-0.940.03-0.55
0.24-0.08-0.220.160.230.25-0.070.20.190.070.240.540.29-0.56-0.39-0.060.29-0.27-0.080.140.250.220.24-1.00.19
0.22-0.050.170.710.20.430.020.160.52-0.020.440.610.0-0.65-0.650.00.030.07-0.30.140.43-0.020.53-0.140.27
0.910.74-0.450.150.911.0-0.250.90.570.230.980.420.48-0.33-0.730.010.4-0.260.030.250.430.460.1-0.24-0.54
0.70.57-0.770.030.70.45-0.880.660.250.880.410.021.00.14-0.46-0.50.00.09-0.520.22-0.020.460.5-0.19-0.26
0.14-0.17-0.410.690.120.1-0.470.00.460.510.110.350.5-0.23-0.59-0.49-0.130.44-0.940.240.530.10.5-0.190.56
-0.220.080.17-0.13-0.22-0.240.03-0.19-0.18-0.04-0.23-0.53-0.260.570.370.03-0.30.290.03-1.0-0.14-0.24-0.19-0.19-0.17
-0.58-0.790.090.57-0.59-0.540.15-0.73-0.09-0.11-0.490.32-0.25-0.35-0.07-0.1-0.230.29-0.550.190.27-0.54-0.260.56-0.17
Click cells to compare fundamentals

CKX Lands Account Relationship Matchups

CKX Lands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9M16.3M17.1M17.7M18.8M11.8M
Other Current Liab62.3K110.8K111.1K(229.6K)(184.8K)(175.5K)
Total Current Liabilities227.4K342.2K261.2K267.2K495.3K258.0K
Total Stockholder Equity15.4M15.8M16.6M17.4M18.3M11.2M
Property Plant And Equipment Net9.2M9.2M9.1M9.1M9.1M6.2M
Net Debt(3.3M)(6.5M)(7.4M)(7.1M)(7.5M)(7.2M)
Retained Earnings15.4M15.7M16.5M15.2M15.4M11.2M
Accounts Payable62.3K110.8K111.1K37.6K159.2K167.1K
Cash3.3M6.5M7.4M7.1M7.5M7.9M
Non Current Assets Total9.2M9.2M9.1M9.4M9.4M7.2M
Cash And Short Term Investments6.5M7.0M7.9M8.2M9.1M9.5M
Net Receivables102.8K98.5K50.7K126.4K104.7K140.1K
Short Term Investments3.2M502.6K502.8K1.0M1.5M1.8M
Liabilities And Stockholders Equity15.9M16.3M17.1M17.7M18.8M11.8M
Inventory(244.8K)(3.2M)(502.6K)(502.8K)(452.5K)(475.2K)
Other Current Assets3.2M511.3K538.2K28.7K(9.2M)(8.7M)
Other Stockholder Equity74.6K76.4K0.02.1M2.9M3.0M
Total Liab415.1K529.9K448.9K267.2K495.3K399.7K
Property Plant And Equipment Gross9.2M9.2M9.1M9.2M9.2M6.2M
Total Current Assets6.6M7.1M8.0M8.3M9.4M9.9M
Short Term Debt62.3K110.8K111.1K37.6K336.2K353.0K
Property Plant Equipment9.2M9.2M9.1M9.1M10.4M6.4M
Net Tangible Assets15.2M15.4M15.8M16.6M19.1M15.5M
Retained Earnings Total Equity14.3M15.1M15.4M15.7M18.1M15.3M
Net Invested Capital15.4M15.8M16.6M17.4M18.3M17.8M
Net Working Capital6.4M6.7M7.7M8.0M8.9M7.5M
Current Deferred Revenue165.2K231.4K150.1K229.6K184.8K196.9K

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When determining whether CKX Lands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CKX Lands' 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 Ckx Lands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ckx Lands Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is CKX Lands' 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 CKX Lands. If investors know CKX 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 CKX Lands 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
(0.99)
Earnings Share
0.07
Revenue Per Share
0.739
Quarterly Revenue Growth
(0.14)
Return On Assets
0.001
The market value of CKX Lands is measured differently than its book value, which is the value of CKX that is recorded on the company's balance sheet. Investors also form their own opinion of CKX Lands' value that differs from its market value or its book value, called intrinsic value, which is CKX Lands' 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 CKX Lands' market value can be influenced by many factors that don't directly affect CKX Lands' 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 CKX Lands' value and its price as these two are different measures arrived at by different means. Investors typically determine if CKX Lands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CKX Lands' 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.