Comtech Total Assets vs Other Current Liab Analysis

CMTL Stock  USD 2.56  0.35  15.84%   
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 Total Assets and its Other Current Liab 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.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comtech Telecommunicatio Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Comtech Telecommunicatio's Total Assets and Other Current Liab is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab 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 Assets of Comtech Telecommunications Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Comtech Telecommunicatio's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Comtech Telecommunicatio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Comtech Telecommunicatio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

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 Expense5.0M16.2M18.6M19.5M
Depreciation And Amortization21.4M33.3M38.3M40.2M

Comtech Telecommunicatio fundamental ratios Correlations

0.690.760.830.950.80.70.260.82-0.260.930.27-0.260.920.790.870.920.510.750.960.670.39-0.150.820.840.83
0.690.360.560.760.470.20.530.520.130.50.150.130.590.570.460.720.680.490.560.410.60.060.670.370.68
0.760.360.570.620.460.740.30.41-0.350.790.07-0.350.730.570.840.480.320.730.820.220.17-0.240.750.870.75
0.830.560.570.740.710.550.120.73-0.090.720.31-0.090.710.630.570.770.350.580.840.630.420.070.610.620.62
0.950.760.620.740.730.540.420.77-0.170.840.25-0.170.850.830.720.940.660.690.820.610.46-0.130.860.730.87
0.80.470.460.710.730.73-0.260.9-0.460.830.48-0.460.780.580.710.870.330.540.80.90.07-0.330.570.650.58
0.70.20.740.550.540.73-0.260.7-0.810.90.17-0.810.860.310.820.54-0.090.670.80.6-0.33-0.660.520.930.53
0.260.530.30.120.42-0.26-0.26-0.180.450.05-0.240.450.10.480.050.160.690.270.09-0.380.650.30.540.10.53
0.820.520.410.730.770.90.7-0.18-0.410.810.4-0.410.850.580.690.90.230.670.790.930.14-0.280.570.650.59
-0.260.13-0.35-0.09-0.17-0.46-0.810.45-0.41-0.6-0.11.0-0.550.07-0.42-0.180.33-0.36-0.31-0.390.770.95-0.22-0.65-0.23
0.930.50.790.720.840.830.90.050.81-0.60.23-0.60.960.630.890.810.290.760.920.670.03-0.480.760.960.77
0.270.150.070.310.250.480.17-0.240.4-0.10.23-0.10.270.150.180.450.19-0.080.270.460.11-0.070.110.090.12
-0.260.13-0.35-0.09-0.17-0.46-0.810.45-0.411.0-0.6-0.1-0.550.07-0.42-0.180.33-0.36-0.31-0.390.770.95-0.22-0.65-0.23
0.920.590.730.710.850.780.860.10.85-0.550.960.27-0.550.610.860.830.260.770.90.710.08-0.460.760.920.77
0.790.570.570.630.830.580.310.480.580.070.630.150.070.610.580.770.790.660.680.450.630.130.870.50.87
0.870.460.840.570.720.710.820.050.69-0.420.890.18-0.420.860.580.690.240.70.920.560.14-0.280.650.880.66
0.920.720.480.770.940.870.540.160.9-0.180.810.45-0.180.830.770.690.570.610.820.820.43-0.10.730.620.74
0.510.680.320.350.660.33-0.090.690.230.330.290.190.330.260.790.240.570.350.330.140.720.250.730.150.73
0.750.490.730.580.690.540.670.270.67-0.360.76-0.08-0.360.770.660.70.610.350.730.420.2-0.260.810.770.81
0.960.560.820.840.820.80.80.090.79-0.310.920.27-0.310.90.680.920.820.330.730.660.29-0.150.710.870.72
0.670.410.220.630.610.90.6-0.380.93-0.390.670.46-0.390.710.450.560.820.140.420.660.06-0.250.380.470.4
0.390.60.170.420.460.07-0.330.650.140.770.030.110.770.080.630.140.430.720.20.290.060.770.41-0.090.41
-0.150.06-0.240.07-0.13-0.33-0.660.3-0.280.95-0.48-0.070.95-0.460.13-0.28-0.10.25-0.26-0.15-0.250.77-0.21-0.54-0.22
0.820.670.750.610.860.570.520.540.57-0.220.760.11-0.220.760.870.650.730.730.810.710.380.41-0.210.721.0
0.840.370.870.620.730.650.930.10.65-0.650.960.09-0.650.920.50.880.620.150.770.870.47-0.09-0.540.720.72
0.830.680.750.620.870.580.530.530.59-0.230.770.12-0.230.770.870.660.740.730.810.720.40.41-0.221.00.72
Click cells to compare fundamentals

Comtech Telecommunicatio Account Relationship Matchups

Comtech Telecommunicatio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets929.6M993.1M974.3M996.2M1.1B1.2B
Short Long Term Debt Total181.9M249.4M183.1M214.8M247.0M259.4M
Other Current Liab87.7M92.4M75.6M68.4M78.6M41.4M
Total Current Liabilities159.7M203.6M193.5M212.0M243.8M256.0M
Total Stockholder Equity549.3M500.7M571.8M550.5M633.1M664.7M
Property Plant And Equipment Net57.1M79.8M100.1M97.4M112.1M117.7M
Net Debt134.0M218.5M161.5M195.9M225.2M236.5M
Retained Earnings417.3M333.0M278.7M238.9M274.7M190.8M
Accounts Payable23.4M36.2M44.6M64.2M73.9M77.6M
Cash47.9M30.9M21.7M19.0M21.8M20.7M
Non Current Assets Total652.6M705.6M711.0M690.8M794.4M834.1M
Non Currrent Assets Other6.9M9.4M15.8M16.1M18.5M19.5M
Cash And Short Term Investments47.9M30.9M21.7M19.0M21.8M20.7M
Net Receivables126.8M158.1M123.7M163.2M187.6M197.0M
Common Stock Shares Outstanding24.9M25.7M26.5M28.0M32.2M20.6M
Liabilities And Stockholders Equity929.6M993.1M974.3M996.2M1.1B1.2B
Non Current Liabilities Total220.6M288.8M209.1M233.8M268.8M282.3M
Inventory82.3M80.4M96.3M105.8M121.7M127.8M
Other Current Assets20.1M18.2M21.6M17.5M20.1M12.2M
Other Stockholder Equity128.0M163.6M183.6M195.1M224.3M136.7M
Total Liab380.3M492.4M402.5M445.7M512.6M538.2M
Property Plant And Equipment Gross57.1M79.8M100.1M247.9M285.1M299.4M
Total Current Assets277.1M287.5M263.3M305.5M351.3M273.2M
Short Term Debt8.3M8.8M8.7M13.0M15.0M14.2M
Common Stock Total Equity3.9M4.0M4.1M4.3M4.9M2.9M
Intangible Assets258.0M268.7M247.3M225.9M259.8M272.8M
Common Stock4.0M4.1M4.3M4.3M5.0M3.0M
Other Liab47.0M48.3M34.6M32.0M36.8M19.6M
Other Assets6.9M9.4M15.8M956.5B1.1T1.2T
Long Term Debt149.5M201M130M160.0M184.0M128.7M
Property Plant Equipment57.1M79.8M50.4M97.4M112.1M117.7M
Current Deferred Revenue40.3M66.1M64.6M66.4M59.7M56.7M
Good Will310.5M330.5M347.7M347.7M312.9M297.3M
Net Tangible Assets(39.2M)(115.7M)(23.2M)(135.3M)(121.8M)(115.7M)
Retained Earnings Total Equity420.3M417.3M333.0M278.7M250.8M309.8M
Long Term Debt Total165M149.5M201M130M117M143.7M
Capital Surpluse552.7M569.9M605.4M625.5M719.3M538.9M

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When determining whether Comtech Telecommunicatio is a strong investment it is important to analyze Comtech Telecommunicatio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comtech Telecommunicatio's future performance. For an informed investment choice regarding Comtech Stock, refer to the following important reports:
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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.