CDT Intangible Assets vs Total Current Assets Analysis
CDTG Stock | 0.68 0.06 8.11% |
CDT Environmental financial indicator trend analysis is way more than just evaluating CDT Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CDT Environmental is a good investment. Please check the relationship between CDT Environmental Intangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CDT Environmental Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Intangible Assets vs Total Current Assets
Intangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CDT Environmental Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CDT Environmental's Intangible Assets and Total Current Assets is -0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of CDT Environmental Technology, assuming nothing else is changed. The correlation between historical values of CDT Environmental's Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of CDT Environmental Technology are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., CDT Environmental's Intangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from CDT Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CDT Environmental 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 CDT Environmental Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, CDT Environmental's Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The CDT Environmental's current Enterprise Value Over EBITDA is estimated to increase to 23.00, while Sales General And Administrative To Revenue is projected to decrease to 0.08.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 64.7K | 106.1K | 136.8K | 92.9K | Depreciation And Amortization | 71.9K | 342.7K | 344.7K | 225.7K |
CDT Environmental fundamental ratios Correlations
Click cells to compare fundamentals
CDT Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CDT Environmental fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 27.4M | 6.5M | 7.8M | 72.8M | 89.4M | 93.8M | |
Short Long Term Debt Total | 2.4M | 319.6K | 848.4K | 8.7M | 5.7M | 3.6M | |
Other Current Liab | 791.1K | 14.4M | (16.9M) | 7.5M | 2.5M | 2.6M | |
Total Current Liabilities | 12.0M | 2.9M | 4.0M | 40.5M | 51.7M | 54.3M | |
Total Stockholder Equity | 14.1M | 3.3M | 3.6M | 31.9M | 37.3M | 19.2M | |
Property Plant And Equipment Net | 2.9M | 442.2K | 360.7K | 1.9M | 1.3M | 1.3M | |
Current Deferred Revenue | 27.5K | 4.4K | 4.2K | 28.4K | 28.0K | 29.4K | |
Net Debt | 2.1M | 141.5K | 819.6K | 8.5M | 5.5M | 3.3M | |
Retained Earnings | 5.4M | 1.8M | 2.4M | 23.2M | 24.5M | 25.7M | |
Accounts Payable | 4.3M | 2.0M | 14.9M | 23.8M | 36.3M | 38.2M | |
Cash | 322.5K | 178.1K | 28.8K | 268.1K | 124.4K | 118.2K | |
Non Current Assets Total | 6.1M | 855.1K | 2.0M | 8.1M | 11.7M | 6.0M | |
Non Currrent Assets Other | 2.5M | 340.0K | 231.8K | 6.1M | 7.9M | 8.3M | |
Cash And Short Term Investments | 322.5K | 178.1K | 28.8K | 268.1K | 124.4K | 118.2K | |
Net Receivables | 16.4M | 30.9M | 37.5M | 63.4M | 77.2M | 45.5M | |
Liabilities And Stockholders Equity | 27.4M | 6.5M | 7.8M | 72.8M | 89.4M | 93.8M | |
Other Current Assets | 6.9M | (25.5M) | (31.7M) | 582.1K | 405.1K | 425.4K | |
Total Liab | 12.0M | 3.0M | 4.1M | 40.7M | 51.9M | 54.5M | |
Total Current Assets | 21.4M | 5.6M | 5.8M | 64.7M | 77.7M | 81.6M | |
Accumulated Other Comprehensive Income | 1.3M | 364.2K | 130.3K | 1.2M | 1.2M | 626.9K | |
Short Term Debt | 3.9M | 12.3M | 5.6M | 8.5M | 5.4M | 7.1M | |
Intangible Assets | 20.4K | 10.4K | 28.2K | 16.4K | 5.6K | 5.3K |
Currently Active Assets on Macroaxis
USOI | Credit Suisse X Links | |
ULTY | Tidal Trust II | |
CONY | YieldMax N Option | |
BCAT | BlackRock Capital Allocation | |
PDI | Pimco Dynamic Income |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CDT Environmental Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Environmental & Facilities Services 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 CDT Environmental. If investors know CDT 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 CDT 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 (0.32) | Earnings Share 0.14 | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets |
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT 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 CDT Environmental's market value can be influenced by many factors that don't directly affect CDT 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 CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT 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.