CECO Retained Earnings vs Non Current Assets Total Analysis

CECO Stock

USD 21.88 2.52 10.33%

CECO Environmental financial indicator trend analysis is way more than just evaluating CECO Environmental Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CECO Environmental Corp is a good investment. Please check the relationship between CECO Environmental Retained Earnings and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental 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 main economic indicators.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CECO Environmental Corp Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CECO Environmental's Retained Earnings and Non Current Assets Total is -0.22. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of CECO Environmental Corp, assuming nothing else is changed. The correlation between historical values of CECO Environmental's Retained Earnings 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 Retained Earnings of CECO Environmental 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 Retained Earnings i.e., CECO Environmental's Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 CECO Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CECO Environmental 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 CECO Environmental 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 main economic indicators.

At this time, CECO Environmental's Selling General Administrative is very stable compared to the past year. As of the 6th of June 2024, Enterprise Value Over EBITDA is likely to grow to 23.73, while Tax Provision is likely to drop about 4.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	3.0M	5.4M	13.4M	14.1M
Depreciation And Amortization	7.0M	10.6M	12.5M	13.1M

Interest Expense Depreciation And Amortization

CECO Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets	Accounts Payable	Other Current Assets	Common Stock	Short Term Investments
Total Assets		0.9	0.31	0.94	0.98	0.97	0.88	-0.25	0.86	0.99	0.5	0.86	0.95	0.65	0.96	0.96	0.92	0.99	0.97	0.48	0.83	0.65	0.92	0.64	0.76	0.78
Short Long Term Debt Total	0.9		0.34	0.83	0.84	0.87	0.88	0.01	0.76	0.89	0.47	0.76	0.84	0.43	0.91	0.88	0.72	0.91	0.86	0.72	0.83	0.53	0.75	0.42	0.57	0.55
Other Current Liab	0.31	0.34		0.48	0.22	0.36	0.21	-0.04	0.45	0.23	0.0	0.45	0.42	0.0	0.21	0.36	0.21	0.35	0.41	0.54	0.03	0.28	0.13	0.08	0.0	0.42
Total Current Liabilities	0.94	0.83	0.48		0.89	0.94	0.75	-0.29	0.94	0.88	0.49	0.94	0.98	0.59	0.84	0.89	0.86	0.96	0.99	0.47	0.63	0.66	0.89	0.6	0.65	0.85
Total Stockholder Equity	0.98	0.84	0.22	0.89		0.94	0.82	-0.32	0.82	0.97	0.47	0.82	0.91	0.73	0.91	0.92	0.96	0.94	0.94	0.36	0.8	0.7	0.92	0.66	0.84	0.79
Property Plant And Equipment Net	0.97	0.87	0.36	0.94	0.94		0.85	-0.19	0.84	0.94	0.54	0.84	0.95	0.57	0.89	0.93	0.87	0.96	0.96	0.49	0.74	0.64	0.88	0.57	0.69	0.75
Net Debt	0.88	0.88	0.21	0.75	0.82	0.85		0.02	0.57	0.93	0.5	0.57	0.76	0.42	0.97	0.88	0.69	0.9	0.78	0.64	0.92	0.37	0.71	0.49	0.56	0.44
Retained Earnings	-0.25	0.01	-0.04	-0.29	-0.32	-0.19	0.02		-0.39	-0.22	0.35	-0.39	-0.25	-0.7	-0.13	-0.08	-0.58	-0.22	-0.28	0.29	-0.11	-0.2	-0.51	-0.5	-0.62	-0.58
Cash	0.86	0.76	0.45	0.94	0.82	0.84	0.57	-0.39		0.77	0.36	1.0	0.9	0.61	0.71	0.8	0.83	0.86	0.93	0.37	0.52	0.7	0.85	0.58	0.66	0.86
Non Current Assets Total	0.99	0.89	0.23	0.88	0.97	0.94	0.93	-0.22	0.77		0.48	0.77	0.88	0.64	0.98	0.95	0.9	0.97	0.92	0.49	0.9	0.57	0.88	0.62	0.76	0.7
Non Currrent Assets Other	0.5	0.47	0.0	0.49	0.47	0.54	0.5	0.35	0.36	0.48		0.36	0.51	0.08	0.49	0.51	0.3	0.51	0.5	0.29	0.4	0.37	0.37	0.25	0.17	0.19
Cash And Short Term Investments	0.86	0.76	0.45	0.94	0.82	0.84	0.57	-0.39	1.0	0.77	0.36		0.9	0.61	0.71	0.8	0.83	0.86	0.93	0.37	0.52	0.7	0.85	0.58	0.66	0.86
Net Receivables	0.95	0.84	0.42	0.98	0.91	0.95	0.76	-0.25	0.9	0.88	0.51	0.9		0.61	0.83	0.88	0.87	0.95	0.99	0.43	0.62	0.72	0.91	0.6	0.67	0.85
Common Stock Shares Outstanding	0.65	0.43	0.0	0.59	0.73	0.57	0.42	-0.7	0.61	0.64	0.08	0.61	0.61		0.55	0.5	0.84	0.59	0.64	-0.04	0.5	0.68	0.81	0.84	0.97	0.75
Non Current Liabilities Total	0.96	0.91	0.21	0.84	0.91	0.89	0.97	-0.13	0.71	0.98	0.49	0.71	0.83	0.55		0.94	0.82	0.96	0.87	0.57	0.94	0.48	0.82	0.59	0.68	0.59
Inventory	0.96	0.88	0.36	0.89	0.92	0.93	0.88	-0.08	0.8	0.95	0.51	0.8	0.88	0.5	0.94		0.82	0.95	0.91	0.51	0.81	0.59	0.79	0.52	0.63	0.66
Other Stockholder Equity	0.92	0.72	0.21	0.86	0.96	0.87	0.69	-0.58	0.83	0.9	0.3	0.83	0.87	0.84	0.82	0.82		0.88	0.9	0.21	0.71	0.68	0.95	0.73	0.91	0.87
Total Liab	0.99	0.91	0.35	0.96	0.94	0.96	0.9	-0.22	0.86	0.97	0.51	0.86	0.95	0.59	0.96	0.95	0.88		0.97	0.54	0.82	0.6	0.89	0.62	0.7	0.75
Total Current Assets	0.97	0.86	0.41	0.99	0.94	0.96	0.78	-0.28	0.93	0.92	0.5	0.93	0.99	0.64	0.87	0.91	0.9	0.97		0.45	0.68	0.73	0.92	0.65	0.72	0.85
Short Term Debt	0.48	0.72	0.54	0.47	0.36	0.49	0.64	0.29	0.37	0.49	0.29	0.37	0.43	-0.04	0.57	0.51	0.21	0.54	0.45		0.56	0.21	0.22	0.19	0.08	0.09
Intangible Assets	0.83	0.83	0.03	0.63	0.8	0.74	0.92	-0.11	0.52	0.9	0.4	0.52	0.62	0.5	0.94	0.81	0.71	0.82	0.68	0.56		0.29	0.68	0.52	0.65	0.38
Other Assets	0.65	0.53	0.28	0.66	0.7	0.64	0.37	-0.2	0.7	0.57	0.37	0.7	0.72	0.68	0.48	0.59	0.68	0.6	0.73	0.21	0.29		0.65	0.72	0.69	0.74
Accounts Payable	0.92	0.75	0.13	0.89	0.92	0.88	0.71	-0.51	0.85	0.88	0.37	0.85	0.91	0.81	0.82	0.79	0.95	0.89	0.92	0.22	0.68	0.65		0.72	0.86	0.85
Other Current Assets	0.64	0.42	0.08	0.6	0.66	0.57	0.49	-0.5	0.58	0.62	0.25	0.58	0.6	0.84	0.59	0.52	0.73	0.62	0.65	0.19	0.52	0.72	0.72		0.81	0.66
Common Stock	0.76	0.57	0.0	0.65	0.84	0.69	0.56	-0.62	0.66	0.76	0.17	0.66	0.67	0.97	0.68	0.63	0.91	0.7	0.72	0.08	0.65	0.69	0.86	0.81		0.73
Short Term Investments	0.78	0.55	0.42	0.85	0.79	0.75	0.44	-0.58	0.86	0.7	0.19	0.86	0.85	0.75	0.59	0.66	0.87	0.75	0.85	0.09	0.38	0.74	0.85	0.66	0.73

Click cells to compare fundamentals

CECO Environmental Account Relationship Matchups

CECO Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	408.6M	419.3M	416.2M	504.7M	613.1M	643.8M
Short Long Term Debt Total	76.6M	81.9M	72.5M	119.7M	155.5M	163.3M
Other Current Liab	21.3M	543K	1.5M	3.2M	33.4M	35.0M
Total Current Liabilities	115.2M	109.4M	116.7M	146.7M	203.1M	213.3M
Total Stockholder Equity	193.0M	202.7M	204.6M	213.2M	232.6M	244.3M
Property Plant And Equipment Net	28.9M	27.6M	26.8M	32.2M	42.5M	44.6M
Net Debt	41.0M	45.9M	42.6M	74.1M	100.0M	105.0M
Retained Earnings	(46.3M)	(38.1M)	(36.7M)	(19.3M)	(6.4M)	(6.7M)
Cash	43.7M	35.6M	36.0M	45.5M	55.4M	58.2M
Non Current Assets Total	229.1M	235.8M	227.2M	264.1M	331.7M	348.3M
Non Currrent Assets Other	2.7M	3.8M	3.2M	3.1M	4.7M	4.9M
Cash And Short Term Investments	43.7M	35.6M	36.0M	45.5M	55.4M	58.2M
Net Receivables	103.2M	108.5M	126.4M	154.1M	179.3M	188.3M
Common Stock Shares Outstanding	35.5M	35.5M	35.6M	35.0M	35.3M	18.5M
Liabilities And Stockholders Equity	408.6M	419.3M	416.2M	504.7M	613.1M	643.8M
Non Current Liabilities Total	100.4M	106.3M	93.6M	139.9M	172.5M	181.1M
Inventory	20.6M	17.3M	17.1M	26.5M	34.1M	35.8M
Other Stockholder Equity	253.5M	254.9M	253.0M	250.2M	255.0M	267.7M
Total Liab	215.6M	215.7M	210.2M	286.6M	375.6M	394.4M
Total Current Assets	179.5M	183.5M	189.0M	240.7M	281.4M	295.5M
Short Term Debt	2.5M	3.1M	2.2M	3.6M	17.3M	18.1M
Intangible Assets	45.6M	42.6M	35.5M	44.8M	60.0M	63.0M
Other Assets	2.7M	3.8M	3.7M	3.9M	4.5M	3.0M
Accounts Payable	78.3M	85.0M	84.1M	107.2M	87.7M	92.1M
Other Current Assets	10.1M	9.9M	11.5M	12.2M	12.6M	6.8M
Common Stock	353K	355K	350K	344K	348K	214.8K
Current Deferred Revenue	34.4M	20.7M	28.9M	32.7M	64.8M	35.4M
Accumulated Other Comprehensive Income	(14.5M)	(14.5M)	(12.1M)	(18.0M)	(16.3M)	(15.5M)
Good Will	152.0M	161.8M	161.2M	183.2M	211.3M	122.0M
Other Liab	19.0M	20.8M	17.0M	18.3M	16.4M	17.7M
Net Tangible Assets	(4.6M)	(1.7M)	7.9M	(14.7M)	(16.9M)	(17.8M)
Long Term Debt	63.0M	69.5M	61.6M	107.6M	126.8M	92.2M
Deferred Long Term Liab	1.8M	3.8M	3.2M	8.7M	10.0M	10.5M
Net Invested Capital	258.5M	275.3M	268.3M	324.4M	372.4M	321.5M
Short Long Term Debt	2.5M	3.1M	2.2M	3.6M	13.0M	13.6M
Capital Stock	353K	355K	350K	344K	348K	279.9K
Non Current Liabilities Other	20.4M	20.6M	14.8M	23.6M	12.6M	15.9M
Net Working Capital	64.3M	74.1M	72.3M	94.0M	78.3M	80.7M
Property Plant Equipment	28.9M	27.6M	26.8M	20.8M	18.7M	20.2M

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Additional Information and Resources on Investing in CECO Stock

When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:

How To Invest In CECO

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Is CECO Stock a good investment?

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What is CECO Environmental's Net Worth?

Details

Largest Pollution & Treatment Controls Companies

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Largest Industrials Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental 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 main economic indicators.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Is Industrial Machinery & Supplies & Components 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 CECO Environmental. If investors know CECO 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 CECO Environmental 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

(0.30)

Earnings Share

0.35

Revenue Per Share

16.068

Quarterly Revenue Growth

0.122

Return On Assets

0.0457

The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.

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CECO Retained Earnings vs Non Current Assets Total Analysis

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Retained Earnings

Non Current Assets Total

CECO Environmental fundamental ratios Correlations

CECO Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CECO Environmental fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in CECO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Net Receivables
Total Stockholder Equity	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.7	Retained Earnings
Common Stock	- 0.62	Retained Earnings
Short Term Investments	- 0.58	Retained Earnings
Other Stockholder Equity	- 0.58	Retained Earnings
Accounts Payable	- 0.51	Retained Earnings
Other Current Assets	- 0.5	Retained Earnings