CECO Total Stockholder Equity vs Intangible Assets Analysis
CECO Stock | USD 25.33 0.21 0.84% |
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 Total Stockholder Equity and its Intangible Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Total Stockholder Equity vs Intangible Assets
Total Stockholder Equity vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CECO Environmental Corp Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CECO Environmental's Total Stockholder Equity and Intangible Assets is 0.8. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Total Stockholder Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of CECO Environmental Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., CECO Environmental's Total Stockholder Equity and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 tightly coupled 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 17th of May 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 |
CECO Environmental fundamental ratios Correlations
Click cells to compare fundamentals
CECO Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for CECO Stock analysis
When running CECO Environmental's price analysis, check to measure CECO Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CECO Environmental is operating at the current time. Most of CECO Environmental's value examination focuses on studying past and present price action to predict the probability of CECO Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CECO Environmental's price. Additionally, you may evaluate how the addition of CECO Environmental to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is CECO Environmental's industry 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.