Century Stock Story

CENX -  USA Stock  

USD 13.20  0.03  0.23%

Century Aluminum Calculated Tax Rate is fairly stable at the moment as compared to the past year. Century Aluminum reported Calculated Tax Rate of 15.75 in 2020. Receivables Turnover is likely to rise to 30.47 in 2021, whereas Net Income Per Employee is likely to drop (60.7 K) in 2021. As many millenniums are excited about basic materials space, it is only fair to break down Century Aluminum C. We will analyze why it could be a much better year for Century Aluminum shareholders. In this post, I will also go over a few different drivers affecting Century Aluminum's products and services, and explain how it may impact Century Aluminum investors.
Published over a month ago
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Century Aluminum (NASDAQ:CENX) continues to rise
Our trade advice tool can cross-verify current analyst consensus on Century Aluminum C and to analyze the company potential to grow in the current economic cycle.

How important is Century Aluminum's Liquidity

Century Aluminum financial leverage refers to using borrowed capital as a funding source to finance Century Aluminum C ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Century Aluminum financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Century Aluminum's total debt and its cash.

How Century utilizes its cash?

To perform a cash flow analysis of Century Aluminum, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Century Aluminum is receiving and how much cash it distributes out in a given period. The Century Aluminum cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Century Aluminum Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Century Aluminum reported Net Cash Flow from Operations of 42.9 Million in 2020

What did Century Aluminum file with SEC?

The SEC filings are financial statements or other formal documents of Century Aluminum C that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.
Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Century shareholders may or may not be submitted as SEC does not always require it.
3rd of November 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Results of Operations and Financial Condition. Entry into a Material Definitive Agreement
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12th of July 2021
Unclassified Corporate Event
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17th of June 2021
Submission of Matters to a Vote of Security Holders
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Century shareholders may or may not be submitted as SEC does not always require it.

Century Aluminum exotic insider transaction detected

Legal trades by Century Aluminum insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Century insider trading alert for general transaction of common stock by Jesse Gary, President & CEO, on 2nd of July 2021. This event was filed by Century Aluminum Co with SEC on 2021-07-02. Statement of changes in beneficial ownership - SEC Form 4. Jesse Gary currently serves as executive vp, general counsel and secretary of Century Aluminum C [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking it down a bit more

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Century Aluminum has an asset utilization ratio of 99.86 percent. This suggests that the company is making $1.0 for each dollar of assets. An increasing asset utilization means that Century Aluminum C is more efficient with each dollar of assets it utilizes for everyday operations.

Our perspective of the current Century Aluminum rise

Current downside deviation is at 5.05. Century Aluminum C exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Century Aluminum C individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Century Aluminum future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Century Aluminum's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Century Aluminum's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Takeaway

While some other firms under the aluminum industry are still a bit expensive, Century Aluminum may offer a potential longer-term growth to investors. In closing, as of the 16th of October 2021, we believe Century Aluminum is currently fairly valued. It hyperactively responds to market trends and projects below average probability of financial unrest in the next two years. Our final 90 days 'Buy-Sell' recommendation on the company is Buy.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Century Aluminum C. Please refer to our Terms of Use for any information regarding our disclosure principles.

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