Custom Non Current Assets Total vs Total Stockholder Equity Analysis

CTOS Stock  USD 5.18  0.07  1.33%   
Custom Truck financial indicator trend analysis is way more than just evaluating Custom Truck One prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Custom Truck One is a good investment. Please check the relationship between Custom Truck Non Current Assets Total and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Custom Truck One. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Custom Truck One Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Custom Truck's Non Current Assets Total and Total Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Custom Truck One, assuming nothing else is changed. The correlation between historical values of Custom Truck's Non Current Assets Total and Total Stockholder 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 Non Current Assets Total of Custom Truck One are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Custom Truck's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Custom Truck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Custom Truck One 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 Custom Truck One. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Custom Truck's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses200.2M254.2M283.3M164.9M
Cost Of Revenue957.1M1.2B1.4B1.5B

Custom Truck fundamental ratios Correlations

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Click cells to compare fundamentals

Custom Truck Account Relationship Matchups

Custom Truck fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding33.1M49.1M241.4M247.7M245.7M125.2M
Total Assets815.3M768.4M2.7B2.9B3.4B1.8B
Other Current Liab27.6M59.1M60.3M68.8M73.8M45.6M
Total Current Liabilities77.8M71.4M440.6M634.9M897.4M942.3M
Total Stockholder Equity(12.1M)(31.1M)858.5M888.4M917.2M534.9M
Other Liab11.2M12.3M15.6M29.1M33.4M17.2M
Net Tangible Assets(320.9M)(336.7M)(165.2M)(119.5M)(137.4M)(144.3M)
Net Debt736.1M724.3M1.6B1.8B2.2B1.1B
Retained Earnings(444.7M)(466.0M)(647.5M)(608.6M)(557.9M)(585.8M)
Accounts Payable41.2M31.8M91.1M87.3M117.7M64.8M
Cash6.3M3.4M35.9M14.4M10.3M11.2M
Non Current Assets Total699.4M665.2M2.0B2.1B2.1B1.3B
Non Currrent Assets Other713K498K24.4M(2.1M)23.4M22.3M
Other Assets384.1M353.3M858.7M910.6M1.0B579.5M
Long Term Debt713.0M715.9M1.3B1.4B1.5B1.1B
Cash And Short Term Investments6.3M3.4M35.9M14.4M10.3M11.2M
Net Receivables71.3M60.9M197.0M231.4M245.9M142.8M
Good Will238.2M238.1M695.9M703.8M704.0M477.1M
Liabilities And Stockholders Equity815.3M768.4M2.7B2.9B3.4B1.8B
Non Current Liabilities Total749.7M728.1M1.4B1.4B1.6B920.7M
Capital Surpluse432.6M434.9M1.5B1.5B1.7B1.8B
Inventory33.0M31.4M410.5M596.7M985.8M1.0B
Other Current Assets5.2M7.5M13.2M25.8M23.9M25.1M
Other Stockholder Equity432.6M434.9M1.5B1.5B1.5B843.4M
Total Liab827.4M799.5M1.8B2.0B2.5B1.3B
Net Invested Capital702.2M686.1M2.4B2.7B3.1B1.6B
Total Current Assets115.8M103.2M656.7M868.2M1.3B1.3B
Net Working Capital38.1M31.9M216.1M233.4M368.5M386.9M
Short Term Debt6.7M6.6M253.3M444.2M677.1M711.0M
Intangible Assets70.6M67.6M327.8M304.1M277.2M186.9M
Property Plant Equipment6.6M342.1M144.6M883.7M1.0B1.1B

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