CSG Good Will vs Net Invested Capital Analysis

CSGS Stock  USD 48.06  0.13  0.27%   
CSG Systems financial indicator trend analysis is way more than just evaluating CSG Systems International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Systems International is a good investment. Please check the relationship between CSG Systems Good Will and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Systems International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Good Will vs Net Invested Capital

Good Will vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSG Systems International Good Will account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CSG Systems' Good Will and Net Invested Capital is 0.5. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of CSG Systems International, assuming nothing else is changed. The correlation between historical values of CSG Systems' Good Will and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of CSG Systems International are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Good Will i.e., CSG Systems' Good Will and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from CSG Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Systems International 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 CSG Systems International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, CSG Systems' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 11.56 in 2024, whereas Tax Provision is likely to drop slightly above 21.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit503.3M524.6M554.2M340.8M
Total Revenue1.0B1.1B1.2B686.8M

CSG Systems fundamental ratios Correlations

0.970.680.780.770.790.720.960.70.890.97-0.220.520.940.96-0.890.650.67-0.810.80.730.980.320.120.880.88
0.970.720.760.60.740.780.930.660.890.9-0.240.50.930.89-0.880.710.69-0.850.820.730.970.250.00.90.84
0.680.720.90.280.620.940.530.380.660.64-0.230.110.580.55-0.530.830.99-0.850.960.920.680.19-0.230.720.65
0.780.760.90.50.680.830.670.490.790.74-0.230.340.660.7-0.620.620.89-0.830.910.930.780.58-0.130.740.74
0.770.60.280.50.60.380.810.560.680.80.00.680.710.82-0.740.360.28-0.530.480.410.710.370.480.610.81
0.790.740.620.680.60.550.650.210.720.86-0.040.210.560.65-0.480.480.66-0.50.650.790.70.32-0.040.50.55
0.720.780.940.830.380.550.650.490.680.65-0.240.360.690.61-0.670.920.9-0.950.970.820.750.09-0.160.830.79
0.960.930.530.670.810.650.650.80.840.9-0.220.680.980.95-0.930.590.52-0.790.70.560.970.30.180.890.92
0.70.660.380.490.560.210.490.80.520.57-0.40.510.840.74-0.760.410.38-0.670.50.290.770.190.060.780.76
0.890.890.660.790.680.720.680.840.520.88-0.040.560.810.86-0.840.620.62-0.790.790.710.860.450.230.810.83
0.970.90.640.740.80.860.650.90.570.88-0.150.420.860.94-0.830.610.65-0.710.750.740.910.310.240.780.82
-0.22-0.24-0.23-0.230.0-0.04-0.24-0.22-0.4-0.04-0.150.16-0.31-0.250.23-0.14-0.290.24-0.21-0.27-0.26-0.040.18-0.14-0.16
0.520.50.110.340.680.210.360.680.510.560.420.160.590.55-0.660.290.04-0.550.350.120.580.340.220.590.73
0.940.930.580.660.710.560.690.980.840.810.86-0.310.590.94-0.960.660.55-0.830.730.560.960.190.160.920.91
0.960.890.550.70.820.650.610.950.740.860.94-0.250.550.94-0.940.550.54-0.740.70.620.930.360.320.850.87
-0.89-0.88-0.53-0.62-0.74-0.48-0.67-0.93-0.76-0.84-0.830.23-0.66-0.96-0.94-0.67-0.480.83-0.71-0.5-0.91-0.18-0.33-0.92-0.92
0.650.710.830.620.360.480.920.590.410.620.61-0.140.290.660.55-0.670.78-0.880.890.650.65-0.230.030.780.74
0.670.690.990.890.280.660.90.520.380.620.65-0.290.040.550.54-0.480.78-0.80.930.940.660.2-0.280.670.6
-0.81-0.85-0.85-0.83-0.53-0.5-0.95-0.79-0.67-0.79-0.710.24-0.55-0.83-0.740.83-0.88-0.8-0.95-0.73-0.85-0.180.01-0.93-0.91
0.80.820.960.910.480.650.970.70.50.790.75-0.210.350.730.7-0.710.890.93-0.950.890.80.22-0.060.840.82
0.730.730.920.930.410.790.820.560.290.710.74-0.270.120.560.62-0.50.650.94-0.730.890.70.41-0.220.630.6
0.980.970.680.780.710.70.750.970.770.860.91-0.260.580.960.93-0.910.650.66-0.850.80.70.320.010.920.89
0.320.250.190.580.370.320.090.30.190.450.31-0.040.340.190.36-0.18-0.230.2-0.180.220.410.32-0.020.160.26
0.120.0-0.23-0.130.48-0.04-0.160.180.060.230.240.180.220.160.32-0.330.03-0.280.01-0.06-0.220.01-0.020.050.24
0.880.90.720.740.610.50.830.890.780.810.78-0.140.590.920.85-0.920.780.67-0.930.840.630.920.160.050.91
0.880.840.650.740.810.550.790.920.760.830.82-0.160.730.910.87-0.920.740.6-0.910.820.60.890.260.240.91
Click cells to compare fundamentals

CSG Systems Account Relationship Matchups

CSG Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.4B1.3B1.4B837.5M
Short Long Term Debt Total458.2M469.8M468.1M487.2M592.8M296.9M
Other Current Liab269.5M261.1M301.6M334.5M436.8M458.6M
Total Current Liabilities418.7M420.0M695.1M527.2M560.8M588.9M
Total Stockholder Equity396.7M422.4M436.6M355.2M273.3M287.8M
Property Plant And Equipment Net179.3M192.5M159.6M121.5M99.8M63.3M
Net Debt301.7M281.1M262.4M336.8M406.5M426.9M
Retained Earnings848.6M876.4M916.1M936.2M968.1M505.2M
Accounts Payable32.7M29.8M35.4M47.7M46.4M29.4M
Cash156.5M188.7M205.6M150.4M186.3M138.7M
Non Current Assets Total613.9M633.7M639.0M582.6M580.8M369.9M
Non Currrent Assets Other27.7M36.9M15.8M(87.7M)10.0M17.5M
Cash And Short Term Investments182.7M240.3M233.7M150.4M186.3M187.5M
Net Receivables281.8M266.6M286.5M328.3M351.2M204.1M
Good Will259.2M272.3M321.3M304.0M308.6M188.0M
Common Stock Shares Outstanding32.5M32.3M32.0M31.3M30.1M33.7M
Liabilities And Stockholders Equity1.3B1.3B1.4B1.3B1.4B837.5M
Non Current Liabilities Total467.7M489.6M251.8M466.1M608.9M639.3M
Other Current Assets204.6M191.5M228.0M287.2M324.8M341.0M
Other Stockholder Equity(413.2M)(423.6M)(441.8M)(522.8M)(645.1M)(612.9M)
Total Liab886.4M909.6M946.9M993.3M1.2B1.2B
Property Plant And Equipment Gross179.3M192.5M270.9M226.9M221.6M232.7M
Total Current Assets669.1M698.3M748.2M766.0M862.2M467.6M
Accumulated Other Comprehensive Income(39.5M)(31.1M)(38.4M)(58.8M)(50.4M)(47.9M)
Short Term Debt32.8M36.7M260.8M58.5M23.4M43.1M
Intangible Assets87.6M74.5M87.0M68.2M50.1M75.0M
Common Stock Total Equity696K700K705K708K814.2K700.6K
Common Stock696K700K705K708K713K704.0K
Other Liab42.2M56.5M44.5M37.4M43.0M28.1M
Other Assets84.9M94.4M71.0M86.1M77.5M48.1M
Long Term Debt346.5M337.2M137.2M375.5M535.0M283.8M
Short Term Investments26.1M51.6M28.0M71K186.3M195.6M
Treasury Stock(867.8M)(894.1M)(930.1M)(1.0B)(916.2M)(962.0M)
Property Plant Equipment84.4M81.8M159.6M71.8M82.6M56.2M
Current Deferred Revenue83.8M92.3M97.3M86.5M54.2M62.1M
Net Tangible Assets105.0M123.6M28.3M(17.0M)(15.3M)(14.5M)
Retained Earnings Total Equity848.6M876.4M916.1M936.2M1.1B760.3M
Long Term Debt Total346.5M337.2M137.2M375.5M431.8M309.6M
Capital Surpluse454.7M470.6M488.3M495.2M569.5M506.9M

Pair Trading with CSG Systems

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 CSG Systems 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 CSG Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSG Stock

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The ability to find closely correlated positions to CSG Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSG Systems 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 CSG Systems - 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 CSG Systems International to buy it.
The correlation of CSG Systems 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 CSG Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSG Systems International 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 CSG Systems 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.
Pair CorrelationCorrelation Matching
When determining whether CSG Systems International is a strong investment it is important to analyze CSG Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CSG Systems' future performance. For an informed investment choice regarding CSG Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Systems International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the CSG Systems International information on this page should be used as a complementary analysis to other CSG Systems' 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running CSG Systems' price analysis, check to measure CSG Systems' 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 CSG Systems is operating at the current time. Most of CSG Systems' value examination focuses on studying past and present price action to predict the probability of CSG Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSG Systems' price. Additionally, you may evaluate how the addition of CSG Systems to your portfolios can decrease your overall portfolio volatility.
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Is CSG Systems' 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 CSG Systems. If investors know CSG 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 CSG Systems 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
(0.33)
Dividend Share
1.12
Earnings Share
2.2
Revenue Per Share
39.056
Quarterly Revenue Growth
0.026
The market value of CSG Systems International is measured differently than its book value, which is the value of CSG that is recorded on the company's balance sheet. Investors also form their own opinion of CSG Systems' value that differs from its market value or its book value, called intrinsic value, which is CSG Systems' 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 CSG Systems' market value can be influenced by many factors that don't directly affect CSG Systems' 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 CSG Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if CSG Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSG Systems' 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.