Ceco Environmental Corp Stock Total Asset

CECO Stock

USD 22.45 0.52 2.26%

CECO Environmental Corp fundamentals help investors to digest information that contributes to CECO Environmental's financial success or failures. It also enables traders to predict the movement of CECO Stock. The fundamental analysis module provides a way to measure CECO Environmental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CECO Environmental stock.

	Last Reported	Projected for Next Year
Total Assets	613.1 M	643.8 M
Intangibles To Total Assets	0.44	0.28

As of the 5th of May 2024, Total Assets is likely to grow to about 643.8 M, while Intangibles To Total Assets are likely to drop 0.28.

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CECO Environmental Corp Company Total Asset Analysis

CECO Environmental's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current CECO Environmental Total Asset

613.11 M

Most of CECO Environmental's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CECO Environmental Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CECO Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for CECO Environmental is extremely important. It helps to project a fair market value of CECO Stock properly, considering its historical fundamentals such as Total Asset. Since CECO Environmental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CECO Environmental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CECO Environmental's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Short Term Investments	Current Deferred Revenue	Good Will	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant Equipment	Long Term Debt Total	Capital Surpluse
Total Assets		0.98	0.88	-0.25	0.95	0.99	0.97	0.82	0.83	0.92	0.76	0.78	0.76	0.9	0.27	0.41	0.56	0.53	0.54	-0.37	0.5	-0.14	-0.48	-0.48
Total Stockholder Equity	0.98		0.82	-0.32	0.91	0.94	0.94	0.74	0.8	0.92	0.84	0.79	0.7	0.92	0.39	0.29	0.48	0.45	0.43	-0.27	0.49	0.03	-0.37	-0.37
Net Debt	0.88	0.82		0.02	0.76	0.9	0.78	0.94	0.92	0.71	0.56	0.44	0.52	0.83	-0.04	0.36	0.37	0.36	0.38	-0.3	0.25	-0.3	-0.37	-0.37
Retained Earnings	-0.25	-0.32	0.02		-0.25	-0.22	-0.28	-0.06	-0.11	-0.51	-0.62	-0.58	-0.26	-0.34	-0.4	0.22	0.08	0.08	0.12	-0.15	-0.11	-0.45	-0.16	-0.16
Net Receivables	0.95	0.91	0.76	-0.25		0.95	0.99	0.7	0.62	0.91	0.67	0.85	0.84	0.79	0.41	0.54	0.74	0.7	0.67	-0.46	0.69	-0.16	-0.59	-0.59
Total Liab	0.99	0.94	0.9	-0.22	0.95		0.97	0.86	0.82	0.89	0.7	0.75	0.77	0.87	0.19	0.47	0.59	0.57	0.58	-0.41	0.48	-0.23	-0.53	-0.53
Total Current Assets	0.97	0.94	0.78	-0.28	0.99	0.97		0.73	0.68	0.92	0.72	0.85	0.84	0.82	0.36	0.51	0.69	0.66	0.64	-0.44	0.64	-0.15	-0.57	-0.57
Short Term Debt	0.82	0.74	0.94	-0.06	0.7	0.86	0.73		0.87	0.63	0.47	0.39	0.52	0.74	-0.09	0.35	0.36	0.35	0.46	-0.35	0.16	-0.33	-0.45	-0.45
Intangible Assets	0.83	0.8	0.92	-0.11	0.62	0.82	0.68	0.87		0.68	0.65	0.38	0.4	0.84	-0.13	0.12	0.09	0.09	0.14	-0.13	-0.01	-0.17	-0.15	-0.15
Accounts Payable	0.92	0.92	0.71	-0.51	0.91	0.89	0.92	0.63	0.68		0.86	0.85	0.71	0.88	0.43	0.3	0.48	0.45	0.35	-0.21	0.57	0.06	-0.27	-0.27
Common Stock	0.76	0.84	0.56	-0.62	0.67	0.7	0.72	0.47	0.65	0.86		0.73	0.61	0.9	0.44	0.1	0.14	0.21	0.04	0.22	0.31	0.28	0.1	0.1
Short Term Investments	0.78	0.79	0.44	-0.58	0.85	0.75	0.85	0.39	0.38	0.85	0.73		0.77	0.67	0.58	0.35	0.61	0.58	0.56	-0.33	0.66	0.12	-0.47	-0.47
Current Deferred Revenue	0.76	0.7	0.52	-0.26	0.84	0.77	0.84	0.52	0.4	0.71	0.61	0.77		0.65	0.38	0.66	0.7	0.79	0.71	-0.21	0.59	-0.18	-0.52	-0.52
Good Will	0.9	0.92	0.83	-0.34	0.79	0.87	0.82	0.74	0.84	0.88	0.9	0.67	0.65		0.29	0.28	0.3	0.35	0.22	0.05	0.35	0.02	-0.09	-0.09
Net Tangible Assets	0.27	0.39	-0.04	-0.4	0.41	0.19	0.36	-0.09	-0.13	0.43	0.44	0.58	0.38	0.29		-0.09	0.3	0.28	0.18	0.01	0.59	0.68	-0.08	-0.08
Long Term Debt	0.41	0.29	0.36	0.22	0.54	0.47	0.51	0.35	0.12	0.3	0.1	0.35	0.66	0.28	-0.09		0.83	0.92	0.73	-0.28	0.63	-0.72	-0.54	-0.54
Deferred Long Term Liab	0.56	0.48	0.37	0.08	0.74	0.59	0.69	0.36	0.09	0.48	0.14	0.61	0.7	0.3	0.3	0.83		0.95	0.89	-0.62	0.88	-0.43	-0.79	-0.79
Net Invested Capital	0.53	0.45	0.36	0.08	0.7	0.57	0.66	0.35	0.09	0.45	0.21	0.58	0.79	0.35	0.28	0.92	0.95		0.87	-0.4	0.82	-0.45	-0.68	-0.68
Short Long Term Debt	0.54	0.43	0.38	0.12	0.67	0.58	0.64	0.46	0.14	0.35	0.04	0.56	0.71	0.22	0.18	0.73	0.89	0.87		-0.7	0.61	-0.44	-0.94	-0.94
Capital Stock	-0.37	-0.27	-0.3	-0.15	-0.46	-0.41	-0.44	-0.35	-0.13	-0.21	0.22	-0.33	-0.21	0.05	0.01	-0.28	-0.62	-0.4	-0.7		-0.39	0.36	0.89	0.89
Net Working Capital	0.5	0.49	0.25	-0.11	0.69	0.48	0.64	0.16	-0.01	0.57	0.31	0.66	0.59	0.35	0.59	0.63	0.88	0.82	0.61	-0.39		-0.09	-0.48	-0.48
Property Plant Equipment	-0.14	0.03	-0.3	-0.45	-0.16	-0.23	-0.15	-0.33	-0.17	0.06	0.28	0.12	-0.18	0.02	0.68	-0.72	-0.43	-0.45	-0.44	0.36	-0.09		0.43	0.43
Long Term Debt Total	-0.48	-0.37	-0.37	-0.16	-0.59	-0.53	-0.57	-0.45	-0.15	-0.27	0.1	-0.47	-0.52	-0.09	-0.08	-0.54	-0.79	-0.68	-0.94	0.89	-0.48	0.43		1.0
Capital Surpluse	-0.48	-0.37	-0.37	-0.16	-0.59	-0.53	-0.57	-0.45	-0.15	-0.27	0.1	-0.47	-0.52	-0.09	-0.08	-0.54	-0.79	-0.68	-0.94	0.89	-0.48	0.43	1.0

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CECO Total Asset Historical Pattern

Today, most investors in CECO Environmental Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CECO Environmental's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CECO Environmental total asset as a starting point in their analysis.

CECO Environmental Total Asset

Timeline

Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Competition

Predict CECO Environmental

Total Assets Over Time

CECO Total Assets

Total Assets

643.76 Million

At this time, CECO Environmental's Total Assets are very stable compared to the past year.

Based on the latest financial disclosure, CECO Environmental Corp has a Total Asset of 613.11 M. This is 97.52% lower than that of the Machinery sector and 34.0% lower than that of the Industrials industry. The total asset for all United States stocks is 97.92% higher than that of the company.

CECO Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CECO Environmental's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CECO Environmental could also be used in its relative valuation, which is a method of valuing CECO Environmental by comparing valuation metrics of similar companies.

CECO Environmental is currently under evaluation in total asset category among related companies.

CECO Environmental Current Valuation Drivers

We derive many important indicators used in calculating different scores of CECO Environmental from analyzing CECO Environmental's financial statements. These drivers represent accounts that assess CECO Environmental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CECO Environmental's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	643.4M	245.6M	220.2M	405.0M	703.0M	738.2M
Enterprise Value	684.4M	291.5M	262.8M	479.1M	803.0M	843.2M

CECO Environmental Institutional Holders

Institutional Holdings refers to the ownership stake in CECO Environmental that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CECO Environmental's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CECO Environmental's value.

		Shares
Arnhold & S. Bleichroeder Advisers, Llc	2023-12-31	483.4 K
Oberweis Asset Management Inc	2023-09-30	416.7 K
Manatuck Hill Partners Llc	2023-12-31	407.9 K
Loomis, Sayles & Company Lp	2023-12-31	400.8 K
Martin & Co Inc	2023-12-31	377.7 K
Driehaus Capital Management Llc	2023-12-31	375.8 K
Heartland Advisors Inc	2023-12-31	375 K
Morgan Stanley - Brokerage Accounts	2023-12-31	368.6 K
Silvercrest Asset Management Group Llc	2023-12-31	323.9 K
Blackrock Inc	2023-12-31	2.6 M
Dimensional Fund Advisors, Inc.	2023-12-31	2.3 M

CECO Fundamentals

	Return On Equity	0.0616
	Return On Asset	0.0457
	Profit Margin	0.02 %
	Operating Margin	0.06 %
	Current Valuation	894.05 M
	Shares Outstanding	34.94 M
	Shares Owned By Insiders	16.90 %
	Shares Owned By Institutions	70.80 %
	Number Of Shares Shorted	1.07 M
	Price To Earning	23.49 X
	Price To Book	3.45 X
	Price To Sales	1.47 X
	Revenue	544.85 M
	Gross Profit	128.22 M
	EBITDA	52.4 M
	Net Income	12.91 M
	Cash And Equivalents	281.83 M
	Cash Per Share	4.01 X
	Total Debt	155.48 M
	Debt To Equity	16.60 %
	Current Ratio	2.67 X
	Book Value Per Share	6.63 X
	Cash Flow From Operations	44.65 M
	Short Ratio	3.99 X
	Earnings Per Share	0.35 X
	Price To Earnings To Growth	1.61 X
	Target Price	27.67
	Number Of Employees	1.2 K
	Beta	1.23
	Market Capitalization	784.3 M
	Total Asset	613.11 M
	Retained Earnings	(6.39 M)
	Working Capital	78.33 M
	Current Asset	288.96 M
	Current Liabilities	192.81 M
	Net Asset	613.11 M

About CECO Environmental Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CECO Environmental Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CECO Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CECO Environmental Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with CECO Environmental

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 CECO Environmental 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 CECO Environmental will appreciate offsetting losses from the drop in the long position's value.

Moving together with CECO Stock

0.71	PFFVF	Pfeiffer Vacuum Tech Earnings Call This Week	Pair Corr
0.65	ARQ	Arq Inc Symbol Change	Pair Corr
0.63	FSS	Federal Signal Financial Report 7th of May 2024	Pair Corr

Moving against CECO Stock

0.7	SPEC	Spectaire Holdings Symbol Change	Pair Corr
0.63	LIQT	LiqTech International Earnings Call This Week	Pair Corr
0.63	SPECW	Spectaire Holdings Symbol Change	Pair Corr
0.61	TOMZ	TOMI Environmental Financial Report 20th of May 2024	Pair Corr

The ability to find closely correlated positions to CECO Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CECO Environmental 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 CECO Environmental - 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 CECO Environmental Corp to buy it.

The correlation of CECO Environmental 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 CECO Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CECO Environmental Corp 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 CECO Environmental 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 Correlation Correlation Matching

When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental'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 Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:

How To Invest In CECO

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Is CECO Stock a good investment?

Details

What is CECO Environmental's Net Worth?

Details

Largest Pollution & Treatment Controls Companies

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Largest Industrials Companies

View

Check out CECO Environmental Piotroski F Score and CECO Environmental Altman Z Score analysis.

Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental's 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for CECO Stock analysis

When running CECO Environmental's price analysis, check to measure CECO Environmental'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 CECO Environmental is operating at the current time. Most of CECO Environmental's value examination focuses on studying past and present price action to predict the probability of CECO Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CECO Environmental's price. Additionally, you may evaluate how the addition of CECO Environmental to your portfolios can decrease your overall portfolio volatility.

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Is CECO Environmental'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 CECO Environmental. If investors know CECO 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 CECO Environmental 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

(0.30)

Earnings Share

0.35

Revenue Per Share

16.068

Quarterly Revenue Growth

0.122

Return On Assets

0.0457

The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.

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Ceco Environmental Corp Stock Total Asset

CECO Environmental Corp Company Total Asset Analysis

Total Asset

Tangible Assets

+

Intangible Assets

Current CECO Environmental Total Asset

CECO Total Asset Driver Correlations

CECO Total Asset Historical Pattern

CECO Total Assets

Total Assets

643.76 Million

CECO Total Asset Peer Comparison

CECO Environmental Current Valuation Drivers

CECO Environmental Institutional Holders

CECO Fundamentals

About CECO Environmental Fundamental Analysis

Pair Trading with CECO Environmental

Moving together with CECO Stock

Moving against CECO Stock

Complementary Tools for CECO Stock analysis

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