Cedar Accounts Payable vs Non Current Assets Total Analysis

FUN Stock  USD 44.60  1.11  2.55%   
Cedar Fair financial indicator trend analysis is way more than just evaluating Cedar Fair LP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cedar Fair LP is a good investment. Please check the relationship between Cedar Fair Accounts Payable and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cedar Fair LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cedar Fair LP Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cedar Fair's Accounts Payable and Non Current Assets Total is 0.47. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Cedar Fair LP, assuming nothing else is changed. The correlation between historical values of Cedar Fair's Accounts Payable and Non Current Assets Total 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 Cedar Fair LP are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Cedar Fair's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Cedar Fair 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 Cedar Fair LP 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Cedar Fair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cedar Fair LP 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cedar Fair LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, Cedar Fair's Selling General Administrative is very stable compared to the past year. As of the 11th of May 2024, Tax Provision is likely to grow to about 50.4 M, while Sales General And Administrative To Revenue is likely to drop 0.07.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.7B620.7M559.1M
Total Revenue1.3B1.8B1.8B1.9B

Cedar Fair fundamental ratios Correlations

0.770.560.080.990.740.60.990.130.60.480.850.80.690.580.760.750.960.390.46-0.330.260.26-0.310.340.87
0.770.88-0.340.740.990.510.73-0.320.510.830.681.00.930.910.930.730.790.590.58-0.680.050.62-0.790.310.94
0.560.88-0.510.570.920.160.55-0.510.160.820.530.870.870.80.870.420.650.720.75-0.8-0.270.74-0.820.430.76
0.08-0.34-0.510.09-0.360.040.110.640.04-0.450.1-0.31-0.36-0.54-0.44-0.040.01-0.53-0.120.540.6-0.760.48-0.21-0.17
0.990.740.570.090.720.51.00.170.50.440.890.770.680.520.760.650.950.440.48-0.280.210.29-0.260.380.81
0.740.990.92-0.360.720.410.71-0.320.410.850.670.990.930.90.930.650.780.640.62-0.680.00.66-0.80.310.92
0.60.510.160.040.50.410.48-0.111.00.310.40.510.40.510.390.920.49-0.08-0.05-0.320.35-0.06-0.230.140.62
0.990.730.550.111.00.710.480.210.480.420.870.760.670.50.760.640.960.430.47-0.260.210.29-0.250.350.81
0.13-0.32-0.510.640.17-0.32-0.110.21-0.11-0.610.27-0.25-0.26-0.53-0.19-0.250.02-0.21-0.430.810.34-0.290.67-0.26-0.27
0.60.510.160.040.50.411.00.48-0.110.310.40.510.40.510.390.920.49-0.08-0.05-0.320.35-0.06-0.230.140.62
0.480.830.82-0.450.440.850.310.42-0.610.310.340.810.650.930.660.60.550.460.7-0.810.130.46-0.90.280.81
0.850.680.530.10.890.670.40.870.270.40.340.720.650.440.760.490.770.440.35-0.190.130.33-0.150.410.64
0.81.00.87-0.310.770.990.510.76-0.250.510.810.720.930.890.940.720.810.590.56-0.640.060.62-0.750.310.94
0.690.930.87-0.360.680.930.40.67-0.260.40.650.650.930.760.920.570.70.640.49-0.58-0.180.72-0.710.260.82
0.580.910.8-0.540.520.90.510.5-0.530.510.930.440.890.760.790.730.60.520.5-0.760.10.57-0.850.260.87
0.760.930.87-0.440.760.930.390.76-0.190.390.660.760.940.920.790.550.780.710.46-0.58-0.160.79-0.590.390.81
0.750.730.42-0.040.650.650.920.64-0.250.920.60.490.720.570.730.550.680.090.28-0.520.380.07-0.510.220.85
0.960.790.650.010.950.780.490.960.020.490.550.770.810.70.60.780.680.460.58-0.410.160.31-0.390.320.87
0.390.590.72-0.530.440.64-0.080.43-0.21-0.080.460.440.590.640.520.710.090.460.32-0.46-0.280.73-0.430.520.45
0.460.580.75-0.120.480.62-0.050.47-0.43-0.050.70.350.560.490.50.460.280.580.32-0.64-0.110.26-0.660.350.61
-0.33-0.68-0.80.54-0.28-0.68-0.32-0.260.81-0.32-0.81-0.19-0.64-0.58-0.76-0.58-0.52-0.41-0.46-0.640.2-0.460.8-0.54-0.63
0.260.05-0.270.60.210.00.350.210.340.350.130.130.06-0.180.1-0.160.380.16-0.28-0.110.2-0.540.06-0.20.23
0.260.620.74-0.760.290.66-0.060.29-0.29-0.060.460.330.620.720.570.790.070.310.730.26-0.46-0.54-0.520.270.39
-0.31-0.79-0.820.48-0.26-0.8-0.23-0.250.67-0.23-0.9-0.15-0.75-0.71-0.85-0.59-0.51-0.39-0.43-0.660.80.06-0.52-0.18-0.73
0.340.310.43-0.210.380.310.140.35-0.260.140.280.410.310.260.260.390.220.320.520.35-0.54-0.20.27-0.180.29
0.870.940.76-0.170.810.920.620.81-0.270.620.810.640.940.820.870.810.850.870.450.61-0.630.230.39-0.730.29
Click cells to compare fundamentals

Cedar Fair Account Relationship Matchups

Cedar Fair fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B2.3B2.2B2.3B1.4B
Short Long Term Debt Total2.2B3.0B2.5B2.3B2.4B2.5B
Total Current Liabilities324.1M300.0M381.5M397.0M402.7M422.9M
Total Stockholder Equity9.7M2.6M8.9M323.3M(588.2M)(558.8M)
Property Plant And Equipment Net1.9B1.8B1.7B1.7B1.7B1.2B
Net Debt2.0B2.6B2.5B2.2B2.3B2.4B
Cash182.3M376.7M61.1M101.2M65.5M52.3M
Non Current Assets Total2.3B2.1B2.0B2.0B2.1B1.3B
Non Currrent Assets Other9.4M11.5M6.1M5.1M4.7M1.4M
Cash And Short Term Investments182.3M376.7M61.1M101.2M65.8M52.4M
Net Receivables63.1M103.5M146.2M70.9M79.5M83.5M
Common Stock Shares Outstanding56.9M56.5M56.6M56.4M51.5M56.4M
Liabilities And Stockholders Equity2.6B2.7B2.3B2.2B2.3B1.4B
Non Current Liabilities Total2.3B3.1B2.6B2.4B2.5B2.6B
Inventory32.9M47.5M32.1M45.3M44.1M46.3M
Other Current Assets15.9M26.7M24.2M13.8M19.4M20.4M
Total Liab2.6B2.7B2.3B2.2B2.9B3.0B
Total Current Assets294.2M554.5M263.6M243.8M208.8M110.7M
Intangible Assets59.9M50.3M50.0M49.0M49.1M29.9M
Other Current Liab135.9M91.9M126.7M97.5M168.1M176.6M
Accounts Payable29.3M14.3M53.9M55.0M37.6M19.7M
Other Stockholder Equity25.0M674.3M712.7M(323.3M)(597.7M)(567.8M)
Property Plant And Equipment Gross1.9B1.8B1.7B1.6B4.1B4.3B
Accumulated Other Comprehensive Income9.7M2.6M8.9M15.6M14.7M15.4M
Common Stock(25.0M)(674.3M)(712.7M)(612.5M)(551.2M)(523.7M)
Other Liab92.4M56.1M77.6M80.6M92.7M76.6M
Long Term Debt2.1B3.0B2.5B2.3B2.3B1.6B
Short Term Debt7.5M10.5M13.3M81.8M13.3M12.6M
Property Plant Equipment1.8B1.8B1.7B1.6B1.8B1.6B
Current Deferred Revenue151.4M183.4M187.6M162.7M183.7M192.9M
Other Assets11.5M2.0B2.3B4.7M1.00.95
Good Will359.7M267.0M267.2M263.2M264.6M247.4M
Net Tangible Assets(418.9M)(706.2M)(1000.0M)(558.8M)(502.9M)(528.1M)
Short Term Investments275K280K478K432K319K238.2K
Long Term Debt Total2.1B3.0B2.5B2.3B2.6B2.1B
Deferred Long Term Liab100.2M78.7M86.6M69.4M62.5M92.3M
Non Current Liabilities Other10.3M16.5M11.1M11.2M10.0M13.3M

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When determining whether Cedar Fair LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cedar Fair'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 Cedar Fair Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cedar Fair Lp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cedar Fair LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Cedar Fair's price analysis, check to measure Cedar Fair's 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 Cedar Fair is operating at the current time. Most of Cedar Fair's value examination focuses on studying past and present price action to predict the probability of Cedar Fair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cedar Fair's price. Additionally, you may evaluate how the addition of Cedar Fair to your portfolios can decrease your overall portfolio volatility.
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Is Cedar Fair'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 Cedar Fair. If investors know Cedar 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 Cedar Fair 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
(0.28)
Dividend Share
1.2
Earnings Share
2.42
Revenue Per Share
35.311
Quarterly Revenue Growth
0.014
The market value of Cedar Fair LP is measured differently than its book value, which is the value of Cedar that is recorded on the company's balance sheet. Investors also form their own opinion of Cedar Fair's value that differs from its market value or its book value, called intrinsic value, which is Cedar Fair'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 Cedar Fair's market value can be influenced by many factors that don't directly affect Cedar Fair'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 Cedar Fair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cedar Fair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cedar Fair'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.