CSP Retained Earnings vs Total Current Liabilities Analysis

CSPI Stock

USD 13.48 0.11 0.81%

CSP financial indicator trend analysis is way more than just evaluating CSP Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSP Inc is a good investment. Please check the relationship between CSP Retained Earnings and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSP Inc Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between CSP's Retained Earnings and Total Current Liabilities is -0.15. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CSP Inc, assuming nothing else is changed. The correlation between historical values of CSP's Retained Earnings and Total Current Liabilities 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 CSP Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., CSP's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.15

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.

Total Current Liabilities

Total Current Liabilities is an item on CSP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CSP Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from CSP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSP Inc 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 CSP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

The CSP's current Enterprise Value is estimated to increase to about 7.8 M, while Selling General Administrative is projected to decrease to under 13.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	360K	262K	235.8K	447.2K
Depreciation And Amortization	935K	931K	837.9K	565.5K

Interest Expense Depreciation And Amortization

CSP fundamental ratios Correlations

	Total Assets	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 Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock	Intangible Assets	Other Liab
Total Assets		-0.04	0.42	0.54	0.1	-0.48	0.64	0.52	0.67	0.67	0.75	0.65	0.53	0.4	0.05	0.14	0.76	0.65	0.17	0.98	0.37	0.83	-0.69	0.84	-0.82	-0.1
Other Current Liab	-0.04		0.58	-0.1	-0.2	0.17	-0.09	-0.18	-0.11	0.02	-0.32	0.48	-0.28	-0.76	0.11	-0.27	-0.25	0.24	0.18	0.04	-0.19	-0.04	-0.37	-0.04	-0.07	0.6
Total Current Liabilities	0.42	0.58		-0.27	-0.02	0.32	-0.15	-0.29	-0.06	0.18	-0.16	0.64	-0.27	-0.36	0.41	0.07	-0.1	0.88	0.35	0.54	0.64	0.13	-0.59	0.07	-0.37	0.63
Total Stockholder Equity	0.54	-0.1	-0.27		0.02	-0.76	0.94	0.93	0.92	0.77	0.69	0.48	0.89	0.37	-0.31	-0.08	0.73	-0.1	0.07	0.45	-0.3	0.76	-0.33	0.81	-0.59	-0.43
Property Plant And Equipment Net	0.1	-0.2	-0.02	0.02		0.23	0.01	-0.1	0.27	0.16	-0.11	0.07	0.35	0.29	-0.2	-0.21	0.25	0.13	0.29	0.0	0.11	0.29	-0.07	0.23	-0.22	-0.01
Net Debt	-0.48	0.17	0.32	-0.76	0.23		-0.75	-0.89	-0.59	-0.47	-0.85	-0.15	-0.52	-0.42	0.2	-0.24	-0.5	0.13	0.17	-0.43	0.33	-0.45	0.37	-0.53	0.46	0.38
Retained Earnings	0.64	-0.09	-0.15	0.94	0.01	-0.75		0.92	0.89	0.76	0.72	0.51	0.82	0.49	-0.01	-0.03	0.68	0.09	-0.06	0.58	-0.19	0.83	-0.53	0.82	-0.78	-0.25
Cash	0.52	-0.18	-0.29	0.93	-0.1	-0.89	0.92		0.79	0.69	0.8	0.35	0.74	0.46	-0.17	0.12	0.6	-0.08	-0.14	0.47	-0.29	0.65	-0.38	0.69	-0.58	-0.4
Non Current Assets Total	0.67	-0.11	-0.06	0.92	0.27	-0.59	0.89	0.79		0.88	0.58	0.6	0.96	0.44	-0.24	-0.04	0.77	0.16	0.28	0.55	-0.03	0.86	-0.46	0.88	-0.72	-0.29
Non Currrent Assets Other	0.67	0.02	0.18	0.77	0.16	-0.47	0.76	0.69	0.88		0.51	0.64	0.79	0.24	-0.09	0.06	0.62	0.32	0.15	0.6	0.15	0.73	-0.51	0.74	-0.66	-0.26
Cash And Short Term Investments	0.75	-0.32	-0.16	0.69	-0.11	-0.85	0.72	0.8	0.58	0.51		0.19	0.53	0.51	-0.16	0.17	0.75	0.09	-0.22	0.7	-0.09	0.65	-0.37	0.72	-0.55	-0.5
Net Receivables	0.65	0.48	0.64	0.48	0.07	-0.15	0.51	0.35	0.6	0.64	0.19		0.42	-0.06	0.06	0.0	0.4	0.65	0.4	0.68	0.25	0.65	-0.67	0.62	-0.7	0.31
Common Stock Shares Outstanding	0.53	-0.28	-0.27	0.89	0.35	-0.52	0.82	0.74	0.96	0.79	0.53	0.42		0.49	-0.38	-0.12	0.79	-0.05	0.25	0.38	-0.13	0.8	-0.22	0.83	-0.56	-0.45
Non Current Liabilities Total	0.4	-0.76	-0.36	0.37	0.29	-0.42	0.49	0.46	0.44	0.24	0.51	-0.06	0.49		0.16	0.47	0.37	0.12	-0.22	0.33	0.19	0.42	-0.23	0.36	-0.48	-0.23
Inventory	0.05	0.11	0.41	-0.31	-0.2	0.2	-0.01	-0.17	-0.24	-0.09	-0.16	0.06	-0.38	0.16		0.25	-0.45	0.52	-0.37	0.18	0.43	-0.08	-0.49	-0.25	-0.34	0.62
Other Current Assets	0.14	-0.27	0.07	-0.08	-0.21	-0.24	-0.03	0.12	-0.04	0.06	0.17	0.0	-0.12	0.47	0.25		-0.21	0.31	-0.21	0.2	0.36	-0.18	-0.25	-0.17	-0.06	0.17
Other Stockholder Equity	0.76	-0.25	-0.1	0.73	0.25	-0.5	0.68	0.6	0.77	0.62	0.75	0.4	0.79	0.37	-0.45	-0.21		0.09	0.2	0.64	-0.07	0.87	-0.2	0.94	-0.53	-0.54
Total Liab	0.65	0.24	0.88	-0.1	0.13	0.13	0.09	-0.08	0.16	0.32	0.09	0.65	-0.05	0.12	0.52	0.31	0.09		0.26	0.74	0.77	0.35	-0.75	0.26	-0.63	0.55
Property Plant And Equipment Gross	0.17	0.18	0.35	0.07	0.29	0.17	-0.06	-0.14	0.28	0.15	-0.22	0.4	0.25	-0.22	-0.37	-0.21	0.2	0.26		0.12	0.34	0.16	-0.07	0.21	-0.08	0.15
Total Current Assets	0.98	0.04	0.54	0.45	0.0	-0.43	0.58	0.47	0.55	0.6	0.7	0.68	0.38	0.33	0.18	0.2	0.64	0.74	0.12		0.43	0.75	-0.75	0.74	-0.82	0.03
Accounts Payable	0.37	-0.19	0.64	-0.3	0.11	0.33	-0.19	-0.29	-0.03	0.15	-0.09	0.25	-0.13	0.19	0.43	0.36	-0.07	0.77	0.34	0.43		0.02	-0.31	-0.05	-0.26	0.24
Common Stock Total Equity	0.83	-0.04	0.13	0.76	0.29	-0.45	0.83	0.65	0.86	0.73	0.65	0.65	0.8	0.42	-0.08	-0.18	0.87	0.35	0.16	0.75	0.02		-0.55	0.97	-0.83	-0.17
Short Term Investments	-0.69	-0.37	-0.59	-0.33	-0.07	0.37	-0.53	-0.38	-0.46	-0.51	-0.37	-0.67	-0.22	-0.23	-0.49	-0.25	-0.2	-0.75	-0.07	-0.75	-0.31	-0.55		-0.47	0.86	-0.48
Common Stock	0.84	-0.04	0.07	0.81	0.23	-0.53	0.82	0.69	0.88	0.74	0.72	0.62	0.83	0.36	-0.25	-0.17	0.94	0.26	0.21	0.74	-0.05	0.97	-0.47		-0.74	-0.29
Intangible Assets	-0.82	-0.07	-0.37	-0.59	-0.22	0.46	-0.78	-0.58	-0.72	-0.66	-0.55	-0.7	-0.56	-0.48	-0.34	-0.06	-0.53	-0.63	-0.08	-0.82	-0.26	-0.83	0.86	-0.74		-0.17
Other Liab	-0.1	0.6	0.63	-0.43	-0.01	0.38	-0.25	-0.4	-0.29	-0.26	-0.5	0.31	-0.45	-0.23	0.62	0.17	-0.54	0.55	0.15	0.03	0.24	-0.17	-0.48	-0.29	-0.17

Click cells to compare fundamentals

CSP Account Relationship Matchups

CSP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.6M	63.0M	75.1M	65.9M	75.8M	42.5M
Other Current Liab	2.3M	2.3M	2.8M	10.9M	12.5M	13.1M
Total Current Liabilities	13.0M	17.8M	30.2M	15.7M	18.0M	12.3M
Total Stockholder Equity	29.5M	34.0M	39.0M	46.1M	53.1M	55.7M
Property Plant And Equipment Net	3.1M	2.1M	1.8M	1.5M	1.3M	1.6M
Net Debt	(15.4M)	(18.3M)	(18.8M)	(24.7M)	(22.3M)	(21.1M)
Retained Earnings	24.5M	25.2M	26.8M	31.3M	36.0M	37.8M
Cash	19.3M	20.0M	24.0M	25.2M	29.0M	30.4M
Non Current Assets Total	12.1M	13.9M	15.6M	15.5M	17.9M	18.8M
Non Currrent Assets Other	7.7M	4.3M	13.5M	9.8M	11.3M	11.9M
Cash And Short Term Investments	19.3M	20.0M	24.0M	25.2M	29.0M	16.1M
Net Receivables	13.4M	18.7M	23.0M	20.1M	23.1M	24.3M
Common Stock Shares Outstanding	8.1M	8.4M	8.6M	8.9M	10.3M	10.8M
Liabilities And Stockholders Equity	53.6M	63.0M	75.1M	65.9M	75.8M	42.5M
Non Current Liabilities Total	11.1M	11.1M	5.9M	4.1M	4.7M	4.8M
Inventory	5.3M	4.0M	4.4M	2.5M	2.9M	4.9M
Other Current Assets	3.7M	6.3M	8.1M	2.5M	2.9M	4.2M
Other Stockholder Equity	17.0M	18.3M	19.5M	20.9M	24.0M	13.8M
Total Liab	24.1M	28.9M	36.1M	19.8M	22.7M	17.1M
Property Plant And Equipment Gross	1.0M	2.1M	1.8M	1.5M	1.3M	1.5M
Total Current Assets	41.6M	49.0M	59.5M	50.4M	57.9M	35.2M
Accumulated Other Comprehensive Income	(12.0M)	(9.4M)	(7.3M)	(6.1M)	(5.5M)	(5.8M)
Accounts Payable	5.6M	11.3M	19.2M	914K	1.1M	998.5K
Short Term Investments	336K	68K	17K	8K	7.2K	6.8K
Common Stock	43K	45K	46K	48K	55.2K	42.7K
Intangible Assets	28K	19K	10K	46K	41.4K	39.3K
Other Liab	7.9M	7.3M	9.4M	4.8M	5.6M	9.0M
Other Assets	11.5M	11.0M	11.8M	13.8M	15.9M	16.7M
Property Plant Equipment	1.3M	1.0M	2.1M	1.8M	1.6M	1.1M
Short Long Term Debt Total	3.9M	1.7M	5.2M	482K	433.8K	412.1K
Current Deferred Revenue	947K	1.9M	4.1M	1.9M	1.7M	2.4M
Short Term Debt	4.1M	2.3M	4.1M	2.0M	2.3M	2.0M
Long Term Debt	684K	2.5M	876K	449K	516.4K	376.6K
Net Tangible Assets	30.4M	29.5M	34.0M	39.0M	44.8M	28.2M
Non Current Liabilities Other	8.6M	4.8M	3.5M	2.4M	2.1M	2.0M

Pair Trading with CSP

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 CSP 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 CSP will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSP Stock

0.65	BR	Broadridge Financial Fiscal Year End 13th of August 2024	Pair Corr
0.7	IT	Gartner	Pair Corr

Moving against CSP Stock

0.64

AUR

Aurora Innovation Downward Rally

Pair Corr

The ability to find closely correlated positions to CSP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSP 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 CSP - 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 CSP Inc to buy it.

The correlation of CSP 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 CSP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSP Inc 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 CSP 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.

Pair Correlation Correlation Matching

When determining whether CSP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSP'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 Csp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csp Inc Stock:

How To Invest In CSP

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Is CSP Stock a good investment?

Details

What is CSP's Net Worth?

Details

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Largest Information Technology Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for CSP Stock analysis

When running CSP's price analysis, check to measure CSP'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 CSP is operating at the current time. Most of CSP's value examination focuses on studying past and present price action to predict the probability of CSP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSP's price. Additionally, you may evaluate how the addition of CSP to your portfolios can decrease your overall portfolio volatility.

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Is CSP'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 CSP. If investors know CSP 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 CSP 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

3.653

Dividend Share

0.04

Earnings Share

0.43

Revenue Per Share

6.976

Quarterly Revenue Growth

0.033

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

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Current Liabilities

CSP fundamental ratios Correlations

CSP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CSP fundamental ratios Accounts

Pair Trading with CSP

Moving together with CSP Stock

Moving against CSP Stock

Complementary Tools for CSP Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.98	Total Assets
Common Stock	+ 0.97	Common Stock Total Equity
Common Stock Shares Outstanding	+ 0.96	Non Current Assets Total
Retained Earnings	+ 0.94	Total Stockholder Equity
Common Stock	+ 0.94	Other Stockholder Equity
Cash	+ 0.93	Total Stockholder Equity

Cash	- 0.89	Net Debt
Cash And Short Term Investments	- 0.85	Net Debt
Intangible Assets	- 0.83	Common Stock Total Equity
Intangible Assets	- 0.82	Total Current Assets
Intangible Assets	- 0.82	Total Assets
Intangible Assets	- 0.78	Retained Earnings