Comtech Common Stock Shares Outstanding vs Total Current Liabilities Analysis

CMTL Stock  USD 3.26  0.30  8.43%   
Comtech Telecommunicatio financial indicator trend analysis is way more than just evaluating Comtech Telecommunicatio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comtech Telecommunicatio is a good investment. Please check the relationship between Comtech Telecommunicatio Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comtech Telecommunications 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 estimate.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comtech Telecommunicatio Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Comtech Telecommunicatio's Common Stock Shares Outstanding and Total Current Liabilities is 0.66. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Comtech Telecommunications Corp, assuming nothing else is changed. The correlation between historical values of Comtech Telecommunicatio's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Comtech Telecommunications Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Comtech Telecommunicatio's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Comtech Telecommunicatio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Comtech Telecommunications Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Comtech Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comtech Telecommunicatio 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 Comtech Telecommunications 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 estimate.
At this time, Comtech Telecommunicatio's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.23 this year, although the value of Issuance Of Capital Stock will most likely fall to about 31.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.0M16.2M22.8M24.0M
Depreciation And Amortization31.7M33.3M33.3M35.0M

Comtech Telecommunicatio fundamental ratios Correlations

0.66-0.230.790.940.610.560.420.78-0.14-0.06-0.06-0.140.670.840.690.910.630.780.80.320.44-0.080.930.830.94
0.660.00.520.740.230.010.630.450.25-0.15-0.150.250.310.570.250.70.770.470.350.050.620.140.720.330.73
-0.230.0-0.19-0.27-0.38-0.120.01-0.260.140.240.240.140.05-0.16-0.02-0.29-0.32-0.15-0.070.020.080.1-0.18-0.21-0.2
0.790.52-0.190.690.50.40.270.650.04-0.04-0.040.040.460.660.390.710.440.590.680.290.470.160.680.580.69
0.940.74-0.270.690.50.350.60.71-0.04-0.13-0.13-0.040.560.870.510.930.790.70.620.210.5-0.050.930.70.96
0.610.23-0.380.50.50.71-0.260.74-0.460.420.42-0.460.750.60.720.670.340.560.780.830.05-0.340.630.550.63
0.560.01-0.120.40.350.71-0.280.62-0.810.310.31-0.810.830.290.810.37-0.140.670.780.56-0.36-0.680.520.860.53
0.420.630.010.270.6-0.26-0.280.020.45-0.52-0.520.45-0.050.37-0.070.360.670.180.02-0.490.560.310.370.190.43
0.780.45-0.260.650.710.740.620.02-0.350.070.07-0.350.680.70.60.830.380.830.680.620.19-0.250.780.670.78
-0.140.250.140.04-0.04-0.46-0.810.45-0.35-0.22-0.221.0-0.540.1-0.41-0.040.38-0.35-0.3-0.390.780.96-0.22-0.59-0.21
-0.06-0.150.24-0.04-0.130.420.31-0.520.07-0.221.0-0.220.570.160.440.03-0.160.160.410.710.03-0.160.15-0.040.09
-0.06-0.150.24-0.04-0.130.420.31-0.520.07-0.221.0-0.220.570.160.440.03-0.160.160.410.710.03-0.160.15-0.040.09
-0.140.250.140.04-0.04-0.46-0.810.45-0.351.0-0.22-0.22-0.540.1-0.41-0.040.38-0.35-0.3-0.390.780.96-0.22-0.59-0.21
0.670.310.050.460.560.750.83-0.050.68-0.540.570.57-0.540.590.870.60.180.750.890.720.07-0.470.750.730.75
0.840.57-0.160.660.870.60.290.370.70.10.160.160.10.590.570.90.750.630.680.450.640.150.860.50.86
0.690.25-0.020.390.510.720.81-0.070.6-0.410.440.44-0.410.870.570.550.180.690.930.610.13-0.290.640.750.65
0.910.7-0.290.710.930.670.370.360.83-0.040.030.03-0.040.60.90.550.780.670.660.470.54-0.020.920.590.92
0.630.77-0.320.440.790.34-0.140.670.380.38-0.16-0.160.380.180.750.180.780.290.290.070.710.280.660.190.69
0.780.47-0.150.590.70.560.670.180.83-0.350.160.16-0.350.750.630.690.670.290.740.410.18-0.260.80.780.8
0.80.35-0.070.680.620.780.780.020.68-0.30.410.41-0.30.890.680.930.660.290.740.640.29-0.150.730.760.74
0.320.050.020.290.210.830.56-0.490.62-0.390.710.71-0.390.720.450.610.470.070.410.640.05-0.280.420.250.4
0.440.620.080.470.50.05-0.360.560.190.780.030.030.780.070.640.130.540.710.180.290.050.770.4-0.090.4
-0.080.140.10.16-0.05-0.34-0.680.31-0.250.96-0.16-0.160.96-0.470.15-0.29-0.020.28-0.26-0.15-0.280.77-0.22-0.51-0.22
0.930.72-0.180.680.930.630.520.370.78-0.220.150.15-0.220.750.860.640.920.660.80.730.420.4-0.220.740.99
0.830.33-0.210.580.70.550.860.190.67-0.59-0.04-0.04-0.590.730.50.750.590.190.780.760.25-0.09-0.510.740.76
0.940.73-0.20.690.960.630.530.430.78-0.210.090.09-0.210.750.860.650.920.690.80.740.40.4-0.220.990.76
Click cells to compare fundamentals

Comtech Telecommunicatio Account Relationship Matchups

Comtech Telecommunicatio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets929.6M993.1M974.3M996.2M912.4M509.9M
Short Long Term Debt Total181.9M249.4M183.1M214.8M212.7M116.7M
Other Current Liab87.7M(2.6B)(3.0T)4.0B295.1B309.8B
Total Current Liabilities159.7M203.6M193.5M212.0M183.5M92.9M
Total Stockholder Equity549.3M500.7M571.8M550.5M486.3M306.5M
Property Plant And Equipment Net57.1M79.8M100.1M97.4M78.9M82.9M
Net Debt134.0M218.5M161.5M195.9M180.2M189.2M
Retained Earnings417.3M333.0M278.7M238.9M103.6M188.6M
Accounts Payable23.4M36.2M44.6M64.2M42.5M22.1M
Cash47.9M30.9M21.7M19.0M32.4M30.8M
Non Current Assets Total652.6M705.6M711.0M690.8M98.8T103.7T
Non Currrent Assets Other6.9M9.4M15.8M16.1M98.8T103.7T
Cash And Short Term Investments47.9M30.9M21.7M19.0M32.4M30.8M
Net Receivables126.8M158.1M123.7M163.2M195.6M205.4M
Common Stock Shares Outstanding24.9M25.7M26.5M28.0M28.8M20.9M
Liabilities And Stockholders Equity929.6M993.1M974.3M996.2M912.4M509.9M
Non Current Liabilities Total220.6M288.8M209.1M233.8M290.7M305.3M
Inventory82.3M80.4M96.3M105.8M93.1M52.5M
Other Current Assets20.1M18.2M21.6M17.5M15.4M12.3M
Other Stockholder Equity128.0M163.6M183.6M195.1M198.3M139.0M
Total Liab380.3M492.4M402.5M445.7M474.3M498.0M
Property Plant And Equipment Gross57.1M79.8M100.1M247.9M220.0M231.0M
Total Current Assets277.1M287.5M263.3M305.5M336.6M275.9M
Short Term Debt8.3M8.8M8.7M13.0M11.9M11.3M
Common Stock Total Equity3.9M4.0M4.1M4.3M4.9M2.9M
Intangible Assets258.0M268.7M247.3M225.9M194.8M114.1M
Common Stock4.0M4.1M4.3M4.3M4.4M3.1M
Other Liab47.0M48.3M34.6M32.0M36.8M19.6M
Other Assets6.9M9.4M15.8M956.5B(98.8T)(93.8T)
Long Term Debt149.5M201M130M160.0M170.5M131.1M
Property Plant Equipment57.1M79.8M50.4M97.4M112.1M117.7M
Current Deferred Revenue40.3M66.1M64.6M66.4M65.8M62.5M
Good Will310.5M330.5M347.7M347.7M284.2M270.0M
Net Tangible Assets(39.2M)(115.7M)(23.2M)(135.3M)(121.8M)(115.7M)
Retained Earnings Total Equity420.3M417.3M333.0M278.7M250.8M309.8M
Long Term Debt Total165M149.5M201M130M117M143.7M
Capital Surpluse552.7M569.9M605.4M625.5M719.3M538.9M

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When determining whether Comtech Telecommunicatio is a strong investment it is important to analyze Comtech Telecommunicatio'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 Comtech Telecommunicatio's future performance. For an informed investment choice regarding Comtech Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comtech Telecommunications 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 estimate.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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
5.87
Earnings Share
(4.70)
Revenue Per Share
18.765
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0008
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.