CCSC Capex To Depreciation vs Average Payables Analysis
| CCTG Stock | 0.21 0.01 5.00% |
CCSC Technology financial indicator trend analysis is way more than just evaluating CCSC Technology Inte prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCSC Technology Inte is a good investment. Please check the relationship between CCSC Technology Capex To Depreciation and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCSC Technology International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Capex To Depreciation vs Average Payables
Capex To Depreciation vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCSC Technology Inte Capex To Depreciation account and Average Payables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CCSC Technology's Capex To Depreciation and Average Payables is -0.68. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Average Payables in the same time period over historical financial statements of CCSC Technology International, assuming nothing else is changed. The correlation between historical values of CCSC Technology's Capex To Depreciation and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of CCSC Technology International are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Capex To Depreciation i.e., CCSC Technology's Capex To Depreciation and Average Payables go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from CCSC Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCSC Technology Inte 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CCSC Technology International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. The CCSC Technology's current Sales General And Administrative To Revenue is estimated to increase to 0.40, while Selling General Administrative is projected to decrease to roughly 3.9 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 1.0M | 3.9M | 5.0M | 3.3M | Total Revenue | 3.1M | 14.7M | 17.6M | 11.2M |
CCSC Technology fundamental ratios Correlations
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CCSC Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CCSC Technology fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 12.8M | 2.1M | 2.2M | 17.9M | 15.3M | 11.6M | |
| Short Long Term Debt Total | 1.2M | 111.3K | 277.5K | 1.7M | 1.3M | 1.1M | |
| Other Current Liab | 2.1M | 2.4M | 2.2M | 1.5M | 1.3M | 1.7M | |
| Total Current Liabilities | 5.8M | 865.9K | 559.3K | 4.4M | 3.8M | 2.9M | |
| Total Stockholder Equity | 6.3M | 1.2M | 1.4M | 1.6M | 10.7M | 11.3M | |
| Property Plant And Equipment Net | 1.1M | 83.0K | 297.2K | 5.5M | 5.5M | 5.8M | |
| Net Debt | (1.4M) | (563.7K) | (705.7K) | (3.8M) | (2.4M) | (2.5M) | |
| Retained Earnings | 5.7M | 1.0M | 1.3M | 9.3M | 7.1M | 5.7M | |
| Accounts Payable | 3.1M | 3.9M | 1.7M | 2.2M | 1.8M | 2.0M | |
| Cash | 2.6M | 675.0K | 983.1K | 5.5M | 3.7M | 3.2M | |
| Non Current Assets Total | 1.4M | 175.4K | 453.5K | 6.0M | 6.3M | 6.6M | |
| Non Currrent Assets Other | 62.1K | (38.0K) | 62.2K | 116.6K | 119.3K | 88.6K | |
| Cash And Short Term Investments | 2.6M | 675.0K | 983.1K | 5.5M | 3.7M | 3.2M | |
| Net Receivables | 3.2M | 2.9M | 2.3M | 3.9M | 3.3M | 3.3M | |
| Liabilities And Stockholders Equity | 12.8M | 2.1M | 2.2M | 17.9M | 15.3M | 11.6M | |
| Non Current Liabilities Total | 670.8K | 21.7K | 210.6K | 1.2M | 761.1K | 678.4K | |
| Inventory | 3.6M | 629.6K | 288.6K | 2.0M | 1.8M | 1.5M | |
| Other Current Assets | 2.0M | 2.5M | (10.4M) | 509.5K | 270.3K | 283.8K | |
| Other Stockholder Equity | 2.1M | (7.0M) | (8.3M) | (7.6M) | 4.9M | 5.1M | |
| Total Liab | 6.5M | 887.6K | 769.9K | 5.6M | 4.6M | 3.4M | |
| Total Current Assets | 11.4M | 1.9M | 1.7M | 12.0M | 9.0M | 6.3M | |
| Accumulated Other Comprehensive Income | (172.1K) | 25.0K | (67.8K) | (134.9K) | (1.2M) | (1.2M) | |
| Short Term Debt | 547.2K | 486.0K | 524.8K | 510.5K | 509.4K | 411.0K | |
| Intangible Assets | 176.1K | 116.9K | 88.3K | 38.2K | 83.9K | 96.9K |
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When determining whether CCSC Technology Inte is a strong investment it is important to analyze CCSC Technology'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 CCSC Technology's future performance. For an informed investment choice regarding CCSC Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCSC Technology International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Electronic Equipment, Instruments & 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 CCSC Technology. If investors know CCSC 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 CCSC Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth 0.161 | Return On Assets | Return On Equity |
The market value of CCSC Technology Inte is measured differently than its book value, which is the value of CCSC that is recorded on the company's balance sheet. Investors also form their own opinion of CCSC Technology's value that differs from its market value or its book value, called intrinsic value, which is CCSC Technology'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 CCSC Technology's market value can be influenced by many factors that don't directly affect CCSC Technology'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 CCSC Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if CCSC Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CCSC Technology'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.