CTS Retained Earnings from 2010 to 2024

CTS Stock  USD 49.59  1.08  2.23%   
CTS Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings will likely drop to about 311.2 M in 2024. Retained Earnings is the cumulative amount of net income that CTS Corporation retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
1985-12-31
Previous Quarter
602.2 M
Current Value
612.1 M
Quarterly Volatility
144.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
This module can also supplement CTS's financial leverage analysis and stock options assessment as well as various CTS Technical models . Check out the analysis of CTS Correlation against competitors.

Latest CTS's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of CTS Corporation over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. CTS's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CTS's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 602.23 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

CTS Retained Earnings Regression Statistics

Arithmetic Mean417,216,473
Geometric Mean392,856,292
Coefficient Of Variation28.99
Mean Deviation89,162,092
Median410,979,000
Standard Deviation120,945,440
Sample Variance14627.8T
Range496.3M
R-Value0.68
Mean Square Error8422.6T
R-Squared0.47
Significance0.01
Slope18,448,342
Total Sum of Squares204789.2T

CTS Retained Earnings History

2024311.2 M
2023602.2 M
2022546.7 M
2021492.2 M
2020539.3 M
2019509.8 M
2018478.8 M

Other Fundumenentals of CTS Corporation

CTS Retained Earnings component correlations

0.95-0.270.960.790.710.82-0.250.740.460.82-0.53-0.75-0.360.720.070.360.590.010.660.560.40.06-0.720.490.670.620.17
0.95-0.410.950.640.460.67-0.230.760.250.74-0.61-0.8-0.20.770.210.550.69-0.250.730.610.490.07-0.820.540.730.680.2
-0.27-0.41-0.34-0.010.13-0.24-0.33-0.320.03-0.520.730.490.41-0.4-0.03-0.53-0.380.59-0.4-0.39-0.460.010.25-0.46-0.33-0.45-0.39
0.960.95-0.340.690.580.71-0.150.670.380.84-0.65-0.71-0.420.650.070.350.6-0.130.610.460.540.06-0.720.350.550.490.06
0.790.64-0.010.690.810.81-0.440.550.860.71-0.45-0.49-0.410.49-0.10.20.380.110.370.420.020.08-0.530.230.440.380.21
0.710.460.130.580.810.81-0.210.410.740.68-0.14-0.33-0.560.32-0.28-0.210.140.590.250.230.040.01-0.20.170.280.230.06
0.820.67-0.240.710.810.81-0.140.40.70.7-0.36-0.39-0.450.38-0.150.250.140.260.460.360.080.21-0.340.550.450.540.07
-0.25-0.23-0.33-0.15-0.44-0.21-0.14-0.34-0.250.0-0.020.15-0.26-0.3-0.11-0.28-0.380.01-0.25-0.310.320.310.41-0.16-0.37-0.29-0.25
0.740.76-0.320.670.550.410.4-0.340.150.63-0.45-0.88-0.140.980.030.420.83-0.160.810.90.2-0.22-0.790.520.880.760.69
0.460.250.030.380.860.740.7-0.250.150.57-0.39-0.11-0.590.08-0.28-0.010.020.18-0.010.07-0.130.12-0.10.00.060.040.07
0.820.74-0.520.840.710.680.70.00.630.57-0.78-0.68-0.790.6-0.160.180.57-0.080.450.420.53-0.08-0.480.240.420.370.26
-0.53-0.610.73-0.65-0.45-0.14-0.36-0.02-0.45-0.39-0.780.590.6-0.47-0.05-0.48-0.590.66-0.32-0.34-0.550.040.5-0.14-0.31-0.26-0.28
-0.75-0.80.49-0.71-0.49-0.33-0.390.15-0.88-0.11-0.680.590.18-0.91-0.31-0.47-0.760.33-0.64-0.74-0.490.080.82-0.39-0.78-0.66-0.55
-0.36-0.20.41-0.42-0.41-0.56-0.45-0.26-0.14-0.59-0.790.60.18-0.090.460.26-0.13-0.10.020.03-0.390.13-0.10.130.110.12-0.04
0.720.77-0.40.650.490.320.38-0.30.980.080.6-0.47-0.91-0.090.140.540.81-0.250.840.930.21-0.15-0.830.560.920.80.73
0.070.21-0.030.07-0.1-0.28-0.15-0.110.03-0.28-0.16-0.05-0.310.460.140.390.08-0.42-0.090.010.210.11-0.310.010.170.08-0.01
0.360.55-0.530.350.2-0.210.25-0.280.42-0.010.18-0.48-0.470.260.540.390.42-0.680.630.61-0.010.23-0.690.630.670.710.47
0.590.69-0.380.60.380.140.14-0.380.830.020.57-0.59-0.76-0.130.810.080.42-0.430.610.650.43-0.3-0.730.290.620.50.48
0.01-0.250.59-0.130.110.590.260.01-0.160.18-0.080.660.33-0.1-0.25-0.42-0.68-0.43-0.15-0.22-0.33-0.030.41-0.05-0.19-0.16-0.24
0.660.73-0.40.610.370.250.46-0.250.81-0.010.45-0.32-0.640.020.84-0.090.630.61-0.150.88-0.01-0.03-0.730.770.880.880.57
0.560.61-0.390.460.420.230.36-0.310.90.070.42-0.34-0.740.030.930.010.610.65-0.220.88-0.08-0.06-0.720.680.940.880.83
0.40.49-0.460.540.020.040.080.320.2-0.130.53-0.55-0.49-0.390.210.21-0.010.43-0.33-0.01-0.080.0-0.27-0.150.0-0.06-0.26
0.060.070.010.060.080.010.210.31-0.220.12-0.080.040.080.13-0.150.110.23-0.3-0.03-0.03-0.060.0-0.13-0.03-0.01-0.02-0.22
-0.72-0.820.25-0.72-0.53-0.2-0.340.41-0.79-0.1-0.480.50.82-0.1-0.83-0.31-0.69-0.730.41-0.73-0.72-0.27-0.13-0.36-0.78-0.64-0.43
0.490.54-0.460.350.230.170.55-0.160.520.00.24-0.14-0.390.130.560.010.630.29-0.050.770.68-0.15-0.03-0.360.750.920.45
0.670.73-0.330.550.440.280.45-0.370.880.060.42-0.31-0.780.110.920.170.670.62-0.190.880.940.0-0.01-0.780.750.930.7
0.620.68-0.450.490.380.230.54-0.290.760.040.37-0.26-0.660.120.80.080.710.5-0.160.880.88-0.06-0.02-0.640.920.930.63
0.170.2-0.390.060.210.060.07-0.250.690.070.26-0.28-0.55-0.040.73-0.010.470.48-0.240.570.83-0.26-0.22-0.430.450.70.63
Click cells to compare fundamentals

About CTS Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CTS income statement, its balance sheet, and the statement of cash flows. CTS investors use historical funamental indicators, such as CTS's Retained Earnings, to determine how well the company is positioned to perform in the future. Although CTS investors may use each financial statement separately, they are all related. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CTS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CTS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CTS. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings602.2 M311.2 M
Retained Earnings Total Equity628.7 M480.2 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CTS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CTS's short interest history, or implied volatility extrapolated from CTS options trading.

Pair Trading with CTS

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 CTS 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 CTS will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CTS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTS 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 CTS - 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 CTS Corporation to buy it.
The correlation of CTS 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 CTS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTS Corporation 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 CTS 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 CTS Corporation is a strong investment it is important to analyze CTS's 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 CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports:
Check out the analysis of CTS Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for CTS Stock analysis

When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is CTS'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 CTS. If investors know CTS 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 CTS 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
(0.38)
Dividend Share
0.16
Earnings Share
1.7
Revenue Per Share
17.028
Quarterly Revenue Growth
(0.14)
The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS'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 CTS's market value can be influenced by many factors that don't directly affect CTS'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 CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS'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.