Coherent Research Development vs Non Recurring Analysis
| COHR Stock | USD 59.08 0.75 1.29% |
Coherent financial indicator trend analysis is way more than just evaluating Coherent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coherent is a good investment. Please check the relationship between Coherent Research Development and its Non Recurring accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.
Research Development vs Non Recurring
Research Development vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coherent Research Development account and Non Recurring. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Coherent's Research Development and Non Recurring is 0.89. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Coherent, assuming nothing else is changed. The correlation between historical values of Coherent's Research Development and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Coherent are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Research Development i.e., Coherent's Research Development and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Research Development
Non Recurring
Most indicators from Coherent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coherent 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 Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.At this time, Coherent's Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Enterprise Value Over EBITDA is likely to grow to 199.99, though Tax Provision is likely to grow to (82.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.6B | 1.9B | 2.0B | Total Revenue | 3.3B | 5.2B | 5.9B | 6.2B |
Coherent fundamental ratios Correlations
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Coherent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coherent fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.2B | 6.5B | 7.8B | 13.7B | 15.8B | 16.6B | |
| Short Long Term Debt Total | 2.4B | 1.5B | 2.4B | 4.5B | 5.2B | 5.4B | |
| Total Current Liabilities | 672.9M | 729.6M | 1.3B | 1.1B | 1.2B | 1.3B | |
| Net Debt | 1.9B | (65.9M) | (144.2M) | 3.7B | 4.2B | 4.4B | |
| Retained Earnings | 876.6M | 1.1B | 1.3B | 944.4B | 1.1T | 1.1T | |
| Cash | 493.0M | 1.6B | 2.6B | 833.3M | 958.3M | 1.0B | |
| Non Current Assets Total | 3.4B | 3.5B | 3.5B | 10.5B | 12.0B | 12.6B | |
| Non Currrent Assets Other | 136.9M | 193.7M | 223.6M | 312.0M | 358.8M | 376.7M | |
| Net Receivables | 598.1M | 659.0M | 700.3M | 929.8M | 1.1B | 1.1B | |
| Common Stock Shares Outstanding | 84.8M | 115.0M | 116.5M | 137.6M | 158.2M | 166.1M | |
| Liabilities And Stockholders Equity | 5.2B | 6.5B | 7.8B | 13.7B | 15.8B | 16.6B | |
| Non Current Liabilities Total | 2.5B | 2.4B | 2.2B | 5.4B | 6.2B | 6.5B | |
| Inventory | 619.8M | 695.8M | 902.6M | 1.3B | 1.5B | 1.5B | |
| Total Liab | 3.2B | 3.1B | 3.5B | 6.5B | 7.5B | 7.8B | |
| Property Plant And Equipment Gross | 245.7M | 2.1B | 2.4B | 3.0B | 3.5B | 3.7B | |
| Total Current Assets | 1.8B | 3.0B | 4.3B | 3.3B | 3.7B | 3.9B | |
| Accumulated Other Comprehensive Income | (87.4M) | 14.3M | (2.2M) | 109.7B | 126.2B | 132.5B | |
| Short Term Debt | 93.9M | 87.4M | 430.8M | 113.1M | 130.1M | 136.6M | |
| Intangible Assets | 758.4M | 718.5M | 635.4M | 3.8B | 4.4B | 4.6B | |
| Other Current Liab | 292.9M | 333.8M | 378.3M | 455.9M | 524.2M | 550.4M | |
| Total Stockholder Equity | 2.1B | 3.4B | 3.6B | 5.0B | 5.7B | 6.0B | |
| Property Plant And Equipment Net | 1.2B | 1.2B | 1.4B | 1.8B | 2.0B | 2.2B | |
| Cash And Short Term Investments | 493.0M | 1.6B | 2.6B | 833.3M | 958.3M | 1.0B | |
| Other Current Assets | 65.7M | 67.6M | 1.1B | 216.5M | 249.0M | 261.5M | |
| Other Stockholder Equity | (199.3M) | (944.6M) | (1.0B) | (7.1T) | (6.4T) | (6.0T) | |
| Accounts Payable | 268.8M | 294.5M | 434.9M | 405.3M | 466.1M | 489.4M | |
| Good Will | 1.2B | 1.3B | 1.3B | 4.5B | 5.2B | 5.4B | |
| Common Stock | 1.5B | 2.0B | 2.1B | 3.8T | 4.3T | 4.6T | |
| Other Liab | 145.6M | 147.3M | 168.7M | 1.0B | 1.2B | 1.2B | |
| Other Assets | 247.1M | 407.0M | 255.3M | 349.7M | 402.2M | 422.3M | |
| Long Term Debt | 411.1M | 425.8M | 1.9B | 4.2B | 4.9B | 5.1B | |
| Property Plant Equipment | 245.7M | 302.6M | 1.4B | 1.8B | 2.0B | 2.2B | |
| Current Deferred Revenue | 17.3M | 13.9M | 23.0M | 104.5M | 120.1M | 126.2M | |
| Net Tangible Assets | 804.1M | 868.2M | 1.2B | (3.8B) | (3.4B) | (3.2B) | |
| Capital Lease Obligations | 91.2M | 80.7M | 137.8M | 179.0M | 205.9M | 216.2M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.Note that the Coherent information on this page should be used as a complementary analysis to other Coherent'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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When running Coherent's price analysis, check to measure Coherent'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 Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.
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Is Coherent'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 Coherent. If investors know Coherent 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 Coherent 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 (0.61) | Earnings Share (2.87) | Revenue Per Share 30.999 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0051 |
The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent'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 Coherent's market value can be influenced by many factors that don't directly affect Coherent'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 Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coherent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent'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.