Core Short Term Debt vs Common Stock Total Equity Analysis

CMT Stock  USD 16.45  0.25  1.54%   
Core Molding financial indicator trend analysis is way more than just evaluating Core Molding Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Molding Technologies is a good investment. Please check the relationship between Core Molding Short Term Debt and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Molding Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Short Term Debt vs Common Stock Total Equity

Short Term Debt vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Molding Technologies Short Term Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Core Molding's Short Term Debt and Common Stock Total Equity is 0.08. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Core Molding Technologies, assuming nothing else is changed. The correlation between historical values of Core Molding's Short Term Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Core Molding Technologies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Term Debt i.e., Core Molding's Short Term Debt and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Core Molding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Molding Technologies 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 Core Molding Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Core Molding's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Enterprise Value Multiple is likely to drop 3.52 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit41.3M52.4M64.5M67.7M
Total Revenue307.5M377.4M357.7M375.6M

Core Molding fundamental ratios Correlations

0.620.650.730.710.950.410.710.920.110.970.010.110.830.110.570.950.360.050.840.430.720.240.030.16-0.38
0.620.30.720.220.450.90.170.69-0.30.730.15-0.30.570.220.690.70.160.330.920.190.360.540.260.27-0.24
0.650.30.470.770.620.160.720.630.190.64-0.090.190.590.040.30.590.640.230.540.660.750.06-0.030.07-0.34
0.730.720.470.360.70.650.340.72-0.230.80.07-0.230.60.130.20.770.280.140.830.240.410.80.150.19-0.26
0.710.220.770.360.7-0.10.990.590.610.620.00.610.54-0.260.250.60.7-0.070.440.830.96-0.02-0.4-0.25-0.29
0.950.450.620.70.70.260.730.80.130.92-0.110.130.76-0.080.370.890.21-0.20.70.310.630.28-0.11-0.02-0.21
0.410.90.160.65-0.10.26-0.140.56-0.690.560.11-0.690.520.230.610.56-0.040.30.8-0.10.050.510.360.3-0.19
0.710.170.720.340.990.73-0.140.550.610.62-0.040.610.54-0.370.220.60.62-0.220.40.770.93-0.02-0.49-0.35-0.21
0.920.690.630.720.590.80.560.55-0.090.910.07-0.090.860.270.660.930.340.260.890.360.650.210.220.31-0.54
0.11-0.30.19-0.230.610.13-0.690.61-0.09-0.040.021.0-0.19-0.19-0.2-0.090.41-0.09-0.240.590.53-0.23-0.4-0.250.02
0.970.730.640.80.620.920.560.620.91-0.040.05-0.040.790.10.590.960.280.080.910.330.620.360.10.17-0.32
0.010.15-0.090.070.0-0.110.11-0.040.070.020.050.02-0.180.10.050.080.170.180.090.060.00.080.060.08-0.45
0.11-0.30.19-0.230.610.13-0.690.61-0.091.0-0.040.02-0.19-0.19-0.2-0.090.41-0.09-0.240.590.53-0.23-0.4-0.250.02
0.830.570.590.60.540.760.520.540.86-0.190.79-0.18-0.190.080.630.840.280.020.780.330.630.090.030.13-0.41
0.110.220.040.13-0.26-0.080.23-0.370.27-0.190.10.1-0.190.080.240.040.040.840.2-0.14-0.17-0.010.880.99-0.46
0.570.690.30.20.250.370.610.220.66-0.20.590.05-0.20.630.240.620.080.290.710.120.37-0.210.270.28-0.23
0.950.70.590.770.60.890.560.60.93-0.090.960.08-0.090.840.040.620.290.00.90.320.640.30.030.09-0.36
0.360.160.640.280.70.21-0.040.620.340.410.280.170.410.280.040.080.290.340.30.910.770.01-0.180.02-0.42
0.050.330.230.14-0.07-0.20.3-0.220.26-0.090.080.18-0.090.020.840.290.00.340.270.130.060.040.80.84-0.42
0.840.920.540.830.440.70.80.40.89-0.240.910.09-0.240.780.20.710.90.30.270.30.550.450.230.26-0.31
0.430.190.660.240.830.31-0.10.770.360.590.330.060.590.33-0.140.120.320.910.130.30.880.0-0.42-0.18-0.36
0.720.360.750.410.960.630.050.930.650.530.620.00.530.63-0.170.370.640.770.060.550.880.01-0.33-0.16-0.35
0.240.540.060.8-0.020.280.51-0.020.21-0.230.360.08-0.230.09-0.01-0.210.30.010.040.450.00.010.080.040.03
0.030.26-0.030.15-0.4-0.110.36-0.490.22-0.40.10.06-0.40.030.880.270.03-0.180.80.23-0.42-0.330.080.93-0.23
0.160.270.070.19-0.25-0.020.3-0.350.31-0.250.170.08-0.250.130.990.280.090.020.840.26-0.18-0.160.040.93-0.42
-0.38-0.24-0.34-0.26-0.29-0.21-0.19-0.21-0.540.02-0.32-0.450.02-0.41-0.46-0.23-0.36-0.42-0.42-0.31-0.36-0.350.03-0.23-0.42
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Core Molding Account Relationship Matchups

Core Molding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets179.3M165.5M186.1M198.6M213.4M118.9M
Short Long Term Debt Total52.6M28.2M29.6M26.1M26.8M22.7M
Other Current Liab9.5M12.1M11.9M15.1M13.6M14.3M
Total Current Liabilities82.6M36.0M53.1M50.8M46.2M28.4M
Total Stockholder Equity84.4M93.9M100.1M116.1M139.0M145.9M
Property Plant And Equipment Net83.7M76.8M81.5M88.4M85.0M54.5M
Net Debt50.7M24.0M23.5M21.9M2.7M2.6M
Retained Earnings76.7M84.9M89.5M101.7M122.1M128.2M
Accounts Payable19.9M17.0M22.7M29.6M24.0M13.0M
Cash1.9M4.1M6.1M4.2M24.1M25.3M
Non Current Assets Total118.1M109.0M111.0M118.0M110.5M68.7M
Non Currrent Assets Other3.6M2.4M2.0M4.6M2.0M2.1M
Cash And Short Term Investments1.9M4.1M6.1M4.2M24.1M25.3M
Net Receivables32.4M27.6M35.3M47.3M41.8M25.8M
Common Stock Shares Outstanding7.8M7.9M8.1M8.4M8.8M6.8M
Liabilities And Stockholders Equity179.3M165.5M186.1M198.6M213.4M118.9M
Non Current Liabilities Total12.3M35.6M33.0M31.7M28.2M20.7M
Inventory21.7M18.4M25.1M23.9M22.1M12.4M
Other Current Assets5.3M6.4M8.6M5.3M14.9M15.7M
Other Stockholder Equity6.3M7.6M9.4M11.2M11.5M8.6M
Total Liab94.9M71.6M86.0M82.5M74.4M56.8M
Property Plant And Equipment Gross83.7M76.8M81.5M83.3M213.1M223.8M
Total Current Assets61.2M56.5M75.1M80.7M102.9M108.0M
Accumulated Other Comprehensive Income1.4M1.4M1.1M3.1M5.3M5.6M
Short Term Debt49.5M3.0M9.9M4.7M3.4M5.3M
Common Stock Total Equity78K79K80K84K75.6K66.1K
Common Stock79K80K82K84K86K66.2K
Other Liab7.9M9.1M7.7M5.2M4.7M7.9M
Other Assets3.6M3.3M2.6M4.6M4.1M3.8M
Long Term Debt0.025.2M21.3M23.0M21.5M16.1M
Property Plant Equipment79.2M74.1M81.5M83.3M95.8M55.7M
Intangible Assets13.5M11.5M9.6M7.6M6.0M7.4M
Current Deferred Revenue3.7M1.3M6.3M1.4M5.2M3.2M
Treasury Stock(28.5M)(28.5M)(28.6M)(29.1M)(26.2M)(27.5M)
Net Tangible Assets53.6M65.0M73.2M116.1M133.5M83.2M
Retained Earnings Total Equity91.9M76.7M84.9M101.7M117.0M80.4M
Long Term Debt Total0.025.2M21.3M23.0M26.4M16.1M
Capital Surpluse34.8M36.1M38.0M40.3M46.4M35.2M

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