Comtech Net Receivables vs Non Current Assets Total 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 Net Receivables and its Non Current Assets Total 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.
Net Receivables vs Non Current Assets Total
Net Receivables vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comtech Telecommunicatio Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Comtech Telecommunicatio's Net Receivables and Non Current Assets Total is 0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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 Net Receivables and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Comtech Telecommunications Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Comtech Telecommunicatio's Net Receivables and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 Expense | 5.0M | 16.2M | 22.8M | 24.0M | Depreciation And Amortization | 31.7M | 33.3M | 33.3M | 35.0M |
Comtech Telecommunicatio fundamental ratios Correlations
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Comtech Telecommunicatio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comtech Telecommunicatio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 929.6M | 993.1M | 974.3M | 996.2M | 912.4M | 509.9M | |
Short Long Term Debt Total | 181.9M | 249.4M | 183.1M | 214.8M | 212.7M | 116.7M | |
Other Current Liab | 87.7M | (2.6B) | (3.0T) | 4.0B | 295.1B | 309.8B | |
Total Current Liabilities | 159.7M | 203.6M | 193.5M | 212.0M | 183.5M | 92.9M | |
Total Stockholder Equity | 549.3M | 500.7M | 571.8M | 550.5M | 486.3M | 306.5M | |
Property Plant And Equipment Net | 57.1M | 79.8M | 100.1M | 97.4M | 78.9M | 82.9M | |
Net Debt | 134.0M | 218.5M | 161.5M | 195.9M | 180.2M | 189.2M | |
Retained Earnings | 417.3M | 333.0M | 278.7M | 238.9M | 103.6M | 188.6M | |
Accounts Payable | 23.4M | 36.2M | 44.6M | 64.2M | 42.5M | 22.1M | |
Cash | 47.9M | 30.9M | 21.7M | 19.0M | 32.4M | 30.8M | |
Non Current Assets Total | 652.6M | 705.6M | 711.0M | 690.8M | 98.8T | 103.7T | |
Non Currrent Assets Other | 6.9M | 9.4M | 15.8M | 16.1M | 98.8T | 103.7T | |
Cash And Short Term Investments | 47.9M | 30.9M | 21.7M | 19.0M | 32.4M | 30.8M | |
Net Receivables | 126.8M | 158.1M | 123.7M | 163.2M | 195.6M | 205.4M | |
Common Stock Shares Outstanding | 24.9M | 25.7M | 26.5M | 28.0M | 28.8M | 20.9M | |
Liabilities And Stockholders Equity | 929.6M | 993.1M | 974.3M | 996.2M | 912.4M | 509.9M | |
Non Current Liabilities Total | 220.6M | 288.8M | 209.1M | 233.8M | 290.7M | 305.3M | |
Inventory | 82.3M | 80.4M | 96.3M | 105.8M | 93.1M | 52.5M | |
Other Current Assets | 20.1M | 18.2M | 21.6M | 17.5M | 15.4M | 12.3M | |
Other Stockholder Equity | 128.0M | 163.6M | 183.6M | 195.1M | 198.3M | 139.0M | |
Total Liab | 380.3M | 492.4M | 402.5M | 445.7M | 474.3M | 498.0M | |
Property Plant And Equipment Gross | 57.1M | 79.8M | 100.1M | 247.9M | 220.0M | 231.0M | |
Total Current Assets | 277.1M | 287.5M | 263.3M | 305.5M | 336.6M | 275.9M | |
Short Term Debt | 8.3M | 8.8M | 8.7M | 13.0M | 11.9M | 11.3M | |
Common Stock Total Equity | 3.9M | 4.0M | 4.1M | 4.3M | 4.9M | 2.9M | |
Intangible Assets | 258.0M | 268.7M | 247.3M | 225.9M | 194.8M | 114.1M | |
Common Stock | 4.0M | 4.1M | 4.3M | 4.3M | 4.4M | 3.1M | |
Other Liab | 47.0M | 48.3M | 34.6M | 32.0M | 36.8M | 19.6M | |
Other Assets | 6.9M | 9.4M | 15.8M | 956.5B | (98.8T) | (93.8T) | |
Long Term Debt | 149.5M | 201M | 130M | 160.0M | 170.5M | 131.1M | |
Property Plant Equipment | 57.1M | 79.8M | 50.4M | 97.4M | 112.1M | 117.7M | |
Current Deferred Revenue | 40.3M | 66.1M | 64.6M | 66.4M | 65.8M | 62.5M | |
Good Will | 310.5M | 330.5M | 347.7M | 347.7M | 284.2M | 270.0M | |
Net Tangible Assets | (39.2M) | (115.7M) | (23.2M) | (135.3M) | (121.8M) | (115.7M) | |
Retained Earnings Total Equity | 420.3M | 417.3M | 333.0M | 278.7M | 250.8M | 309.8M | |
Long Term Debt Total | 165M | 149.5M | 201M | 130M | 117M | 143.7M | |
Capital Surpluse | 552.7M | 569.9M | 605.4M | 625.5M | 719.3M | 538.9M |
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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 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.