Cambium Extraordinary Items vs Income Before Tax Analysis
CMBM Stock | USD 1.18 0.07 6.31% |
Cambium Networks financial indicator trend analysis is way more than just evaluating Cambium Networks Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cambium Networks Corp is a good investment. Please check the relationship between Cambium Networks Extraordinary Items and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Extraordinary Items vs Income Before Tax
Extraordinary Items vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cambium Networks Corp Extraordinary Items account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cambium Networks' Extraordinary Items and Income Before Tax is -0.27. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Cambium Networks Corp, assuming nothing else is changed. The correlation between historical values of Cambium Networks' Extraordinary Items and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Cambium Networks Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Extraordinary Items i.e., Cambium Networks' Extraordinary Items and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Extraordinary Items
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Cambium Networks income statement and is an important metric when analyzing Cambium Networks Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Cambium Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cambium Networks Corp 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 Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of the 22nd of November 2024, Tax Provision is likely to grow to about 2.2 M, while Selling General Administrative is likely to drop about 26.2 M.
2023 | 2024 (projected) | Depreciation And Amortization | 9.0M | 6.3M | Interest Income | 9.3M | 7.9M |
Cambium Networks fundamental ratios Correlations
Click cells to compare fundamentals
Cambium Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cambium Networks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 172.1M | 205.8M | 232.3M | 269.5M | 217.9M | 203.5M | |
Other Current Liab | 25.8M | 39.7M | 43.7M | 43.7M | 63.5M | 38.5M | |
Total Current Liabilities | 67.9M | 107.6M | 82.1M | 87.2M | 96.3M | 82.7M | |
Total Stockholder Equity | 39.9M | 63.4M | 112.1M | 145.4M | 80.9M | 48.6M | |
Other Liab | 5.2M | 6.5M | 6.9M | 10.2M | 11.8M | 12.4M | |
Net Tangible Assets | 12.9M | 37.2M | 85.7M | 117.9M | 135.6M | 142.4M | |
Retained Earnings | (63.4M) | (44.8M) | (7.4M) | 12.8M | (64.6M) | (67.8M) | |
Accounts Payable | 25.2M | 30.9M | 28.2M | 31.3M | 19.1M | 26.2M | |
Cash | 19.3M | 62.5M | 59.3M | 48.2M | 18.7M | 32.2M | |
Other Assets | 929K | 10.3M | 8.8M | 13.7M | 15.8M | 8.2M | |
Long Term Debt | 54.2M | 25.0M | 27.0M | 24.5M | 21.9M | 20.8M | |
Net Receivables | 58.6M | 59.5M | 70.6M | 89.4M | 64.3M | 68.2M | |
Common Stock Shares Outstanding | 25.7M | 26.4M | 28.6M | 28.0M | 27.5M | 26.9M | |
Inventory | 41.7M | 34.0M | 33.8M | 57.1M | 66.9M | 42.4M | |
Other Current Assets | 4.4M | 9.2M | 16.9M | 18.3M | 12.7M | 9.6M | |
Other Stockholder Equity | 103.7M | 108.7M | 120.2M | 134.1M | 147.1M | 91.2M | |
Total Liab | 132.2M | 142.4M | 120.1M | 124.1M | 136.9M | 111.8M | |
Short Long Term Debt | 9.5M | 29.2M | 2.5M | 3.2M | 3.2M | 6.3M | |
Total Current Assets | 129.3M | 165.1M | 180.6M | 213.0M | 162.6M | 154.5M | |
Short Term Debt | 9.5M | 31.4M | 4.6M | 5.1M | 4.7M | 4.5M | |
Intangible Assets | 18.5M | 16.3M | 16.6M | 17.6M | 19.7M | 19.1M | |
Property Plant Equipment | 15.2M | 7.5M | 16.4M | 15.3M | 17.6M | 11.2M | |
Short Long Term Debt Total | 68.9M | 57.5M | 33.6M | 29.8M | 33.2M | 47.2M | |
Property Plant And Equipment Net | 15.2M | 12.6M | 16.4M | 15.3M | 20.8M | 14.7M | |
Current Deferred Revenue | 7.4M | 6.5M | 6.9M | 8.9M | 8.8M | 6.9M | |
Net Debt | 49.6M | (5.0M) | (25.7M) | (18.4M) | 14.5M | 22.1M | |
Non Current Assets Total | 42.8M | 40.6M | 51.7M | 56.5M | 55.3M | 50.2M | |
Non Currrent Assets Other | 3.4M | 288K | 1.2M | 955K | 1.3M | 1.3M | |
Cash And Short Term Investments | 19.3M | 62.5M | 59.3M | 48.2M | 18.7M | 34.5M | |
Long Term Debt Total | 94.2M | 54.2M | 25.0M | 27.0M | 24.3M | 45.4M | |
Liabilities And Stockholders Equity | 172.1M | 205.8M | 232.3M | 269.5M | 217.9M | 213.9M | |
Non Current Liabilities Total | 64.3M | 34.8M | 38.0M | 36.9M | 40.6M | 45.2M | |
Capital Lease Obligations | 5.3M | 3.3M | 4.1M | 2.2M | 6.6M | 3.4M | |
Net Invested Capital | 103.5M | 117.5M | 141.6M | 173.0M | 106.0M | 124.7M | |
Property Plant And Equipment Gross | 15.2M | 12.6M | 16.4M | 15.3M | 52.5M | 55.1M | |
Accumulated Other Comprehensive Income | (379K) | (564K) | (699K) | (1.5M) | (1.6M) | (1.5M) | |
Net Working Capital | 61.4M | 57.5M | 98.4M | 125.8M | 66.2M | 75.4M |
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Is Communications Equipment 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 Cambium Networks. If investors know Cambium 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 Cambium Networks 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 5.686 | Earnings Share (3.54) | Revenue Per Share 6.17 | Quarterly Revenue Growth 0.016 | Return On Assets (0.22) |
The market value of Cambium Networks Corp is measured differently than its book value, which is the value of Cambium that is recorded on the company's balance sheet. Investors also form their own opinion of Cambium Networks' value that differs from its market value or its book value, called intrinsic value, which is Cambium Networks' 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 Cambium Networks' market value can be influenced by many factors that don't directly affect Cambium Networks' 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 Cambium Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambium Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambium Networks' 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.