Comtech Capital Surpluse vs Net Invested Capital Analysis
CMTL Stock | USD 1.78 0.05 2.89% |
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 Capital Surpluse and its Net Invested Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Capital Surpluse vs Net Invested Capital
Capital Surpluse vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comtech Telecommunicatio Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Comtech Telecommunicatio's Capital Surpluse and Net Invested Capital is -0.47. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested Capital 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 Capital Surpluse and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Comtech Telecommunications Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Comtech Telecommunicatio's Capital Surpluse and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capital Surpluse
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 tightly coupled 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 Tax Provision is projected to rise to (3.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.0M | 16.2M | 18.6M | 19.5M | Depreciation And Amortization | 21.4M | 33.3M | 38.3M | 40.2M |
Comtech Telecommunicatio fundamental ratios Correlations
Click cells to compare fundamentals
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 | 1.1B | 1.2B | |
Short Long Term Debt Total | 181.9M | 249.4M | 183.1M | 214.8M | 247.0M | 259.4M | |
Other Current Liab | 87.7M | 92.4M | 75.6M | 68.4M | 78.6M | 41.4M | |
Total Current Liabilities | 159.7M | 203.6M | 193.5M | 212.0M | 243.8M | 256.0M | |
Total Stockholder Equity | 549.3M | 500.7M | 571.8M | 550.5M | 633.1M | 664.7M | |
Property Plant And Equipment Net | 57.1M | 79.8M | 100.1M | 97.4M | 112.1M | 117.7M | |
Net Debt | 134.0M | 218.5M | 161.5M | 195.9M | 225.2M | 236.5M | |
Retained Earnings | 417.3M | 333.0M | 278.7M | 238.9M | 274.7M | 190.8M | |
Accounts Payable | 23.4M | 36.2M | 44.6M | 64.2M | 73.9M | 77.6M | |
Cash | 47.9M | 30.9M | 21.7M | 19.0M | 21.8M | 20.7M | |
Non Current Assets Total | 652.6M | 705.6M | 711.0M | 690.8M | 794.4M | 834.1M | |
Non Currrent Assets Other | 6.9M | 9.4M | 15.8M | 16.1M | 18.5M | 19.5M | |
Cash And Short Term Investments | 47.9M | 30.9M | 21.7M | 19.0M | 21.8M | 20.7M | |
Net Receivables | 126.8M | 158.1M | 123.7M | 163.2M | 187.6M | 197.0M | |
Common Stock Shares Outstanding | 24.9M | 25.7M | 26.5M | 28.0M | 32.2M | 20.6M | |
Liabilities And Stockholders Equity | 929.6M | 993.1M | 974.3M | 996.2M | 1.1B | 1.2B | |
Non Current Liabilities Total | 220.6M | 288.8M | 209.1M | 233.8M | 268.8M | 282.3M | |
Inventory | 82.3M | 80.4M | 96.3M | 105.8M | 121.7M | 127.8M | |
Other Current Assets | 20.1M | 18.2M | 21.6M | 17.5M | 20.1M | 12.2M | |
Other Stockholder Equity | 128.0M | 163.6M | 183.6M | 195.1M | 224.3M | 136.7M | |
Total Liab | 380.3M | 492.4M | 402.5M | 445.7M | 512.6M | 538.2M | |
Property Plant And Equipment Gross | 57.1M | 79.8M | 100.1M | 247.9M | 285.1M | 299.4M | |
Total Current Assets | 277.1M | 287.5M | 263.3M | 305.5M | 351.3M | 273.2M | |
Short Term Debt | 8.3M | 8.8M | 8.7M | 13.0M | 15.0M | 14.2M | |
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 | 259.8M | 272.8M | |
Common Stock | 4.0M | 4.1M | 4.3M | 4.3M | 5.0M | 3.0M | |
Other Liab | 47.0M | 48.3M | 34.6M | 32.0M | 36.8M | 19.6M | |
Other Assets | 6.9M | 9.4M | 15.8M | 956.5B | 1.1T | 1.2T | |
Long Term Debt | 149.5M | 201M | 130M | 160.0M | 184.0M | 128.7M | |
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 | 59.7M | 56.7M | |
Good Will | 310.5M | 330.5M | 347.7M | 347.7M | 312.9M | 297.3M | |
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 |
Pair Trading with Comtech Telecommunicatio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comtech Telecommunicatio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comtech Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.Moving together with Comtech Stock
0.89 | EXTR | Extreme Networks Fiscal Year End 7th of August 2024 | PairCorr |
Moving against Comtech Stock
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The ability to find closely correlated positions to Comtech Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comtech Telecommunicatio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comtech Telecommunicatio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comtech Telecommunications Corp to buy it.
The correlation of Comtech Telecommunicatio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comtech Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comtech Telecommunicatio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comtech Telecommunicatio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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.
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When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio'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 Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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Is Comtech Telecommunicatio'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 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 (1.70) | Revenue Per Share 20.109 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0083 |
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.