CECO Liabilities And Stockholders Equity from 2010 to 2024

CECO Stock  USD 24.59  2.03  9.00%   
CECO Environmental Liabilities And Stockholders Equity yearly trend continues to be very stable with very little volatility. Liabilities And Stockholders Equity is likely to grow to about 643.8 M this year. Liabilities And Stockholders Equity is the total of all liabilities and equity in the company, which should equal CECO Environmental's total assets according to the accounting equation. View All Fundamentals
 
Liabilities And Stockholders Equity  
First Reported
1990-03-31
Previous Quarter
598.1 M
Current Value
621.5 M
Quarterly Volatility
208.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CECO Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CECO Environmental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 14.1 M or Total Revenue of 572.1 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0281 or PTB Ratio of 2.87. CECO financial statements analysis is a perfect complement when working with CECO Environmental Valuation or Volatility modules.
  
Check out the analysis of CECO Environmental Correlation against competitors.

Latest CECO Environmental's Liabilities And Stockholders Equity Growth Pattern

Below is the plot of the Liabilities And Stockholders Equity of CECO Environmental Corp over the last few years. It is the total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation. CECO Environmental's Liabilities And Stockholders Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CECO Environmental's overall financial position and show how it may be relating to other accounts over time.
Liabilities And Stockholders Equity10 Years Trend
Slightly volatile
   Liabilities And Stockholders Equity   
       Timeline  

CECO Liabilities And Stockholders Equity Regression Statistics

Arithmetic Mean391,068,417
Geometric Mean256,906,761
Coefficient Of Variation49.36
Mean Deviation138,731,822
Median416,197,000
Standard Deviation193,028,852
Sample Variance37260.1T
Range642M
R-Value0.79
Mean Square Error15007.7T
R-Squared0.63
Significance0.0004
Slope34,149,996
Total Sum of Squares521641.9T

CECO Liabilities And Stockholders Equity History

2024643.8 M
2023613.1 M
2022504.7 M
2021416.2 M
2020419.3 M
2019408.6 M
2018392.6 M

About CECO Environmental Financial Statements

CECO Environmental investors utilize fundamental indicators, such as Liabilities And Stockholders Equity, to predict how CECO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Liabilities And Stockholders Equity613.1 M643.8 M

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.

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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 CorrelationCorrelation 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:
Check out the analysis of CECO Environmental Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Industrial Machinery & Supplies & Components space 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
(0.34)
Earnings Share
0.33
Revenue Per Share
15.853
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0424
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.