Cambium Total Current Liabilities vs Property Plant Equipment Analysis

CMBM Stock  USD 1.33  0.02  1.53%   
Cambium Networks financial indicator trend analysis is way more than just evaluating Cambium Networks Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cambium Networks Corp is a good investment. Please check the relationship between Cambium Networks Total Current Liabilities and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cambium Networks Corp Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cambium Networks' Total Current Liabilities and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Cambium Networks Corp, assuming nothing else is changed. The correlation between historical values of Cambium Networks' Total Current Liabilities and Property Plant Equipment 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 Current Liabilities of Cambium Networks Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Liabilities i.e., Cambium Networks' Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Cambium Networks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cambium Networks Corp 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.

Property Plant Equipment

Most indicators from Cambium Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cambium Networks 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 Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of the 8th of November 2024, Tax Provision is likely to grow to about 2.2 M, while Selling General Administrative is likely to drop about 26.2 M.
 2023 2024 (projected)
Depreciation And Amortization9.0M6.3M
Interest Income9.3M7.9M

Cambium Networks fundamental ratios Correlations

0.860.890.990.90.930.560.870.790.79-0.940.940.880.960.840.720.95-0.830.251.00.29-0.4-0.920.88-0.940.9
0.860.940.880.850.910.30.790.550.85-0.930.860.890.850.840.820.92-0.760.30.860.35-0.59-0.830.86-0.810.9
0.890.940.890.850.880.290.880.720.8-0.960.830.880.890.780.770.93-0.740.570.90.61-0.57-0.890.79-0.80.88
0.990.880.890.860.920.580.880.780.76-0.940.940.850.960.820.670.96-0.850.240.990.28-0.44-0.920.9-0.940.91
0.90.850.850.860.980.20.710.590.77-0.920.830.930.910.90.920.9-0.850.170.880.25-0.22-0.90.84-0.910.92
0.930.910.880.920.980.30.780.640.78-0.960.890.930.940.880.890.94-0.90.180.920.25-0.34-0.920.88-0.930.94
0.560.30.290.580.20.30.520.590.42-0.330.610.210.390.21-0.060.36-0.34-0.080.57-0.12-0.37-0.270.35-0.450.23
0.870.790.880.880.710.780.520.770.58-0.880.90.640.830.610.580.84-0.780.530.890.56-0.7-0.840.73-0.70.74
0.790.550.720.780.590.640.590.770.51-0.730.640.640.790.390.330.7-0.640.50.810.5-0.27-0.760.52-0.760.6
0.790.850.80.760.770.780.420.580.51-0.740.750.860.680.790.720.74-0.50.180.780.23-0.4-0.610.64-0.750.71
-0.94-0.93-0.96-0.94-0.92-0.96-0.33-0.88-0.73-0.74-0.89-0.9-0.96-0.81-0.8-0.970.9-0.39-0.94-0.440.470.96-0.870.9-0.93
0.940.860.830.940.830.890.610.90.640.75-0.890.740.850.80.70.87-0.820.180.940.21-0.6-0.820.85-0.810.82
0.880.890.880.850.930.930.210.640.640.86-0.90.740.90.880.850.91-0.730.240.860.31-0.21-0.870.82-0.920.92
0.960.850.890.960.910.940.390.830.790.68-0.960.850.90.820.740.97-0.880.290.960.34-0.31-0.990.91-0.960.95
0.840.840.780.820.90.880.210.610.390.79-0.810.80.880.820.840.89-0.660.080.820.14-0.23-0.810.88-0.830.91
0.720.820.770.670.920.89-0.060.580.330.72-0.80.70.850.740.840.76-0.70.150.70.25-0.3-0.740.73-0.710.83
0.950.920.930.960.90.940.360.840.70.74-0.970.870.910.970.890.76-0.840.320.950.36-0.4-0.970.94-0.920.97
-0.83-0.76-0.74-0.85-0.85-0.9-0.34-0.78-0.64-0.50.9-0.82-0.73-0.88-0.66-0.7-0.84-0.11-0.83-0.170.310.87-0.80.85-0.81
0.250.30.570.240.170.18-0.080.530.50.18-0.390.180.240.290.080.150.32-0.110.30.99-0.44-0.380.05-0.10.21
1.00.860.90.990.880.920.570.890.810.78-0.940.940.860.960.820.70.95-0.830.30.33-0.44-0.920.86-0.930.89
0.290.350.610.280.250.25-0.120.560.50.23-0.440.210.310.340.140.250.36-0.170.990.33-0.43-0.430.1-0.160.27
-0.4-0.59-0.57-0.44-0.22-0.34-0.37-0.7-0.27-0.40.47-0.6-0.21-0.31-0.23-0.3-0.40.31-0.44-0.44-0.430.3-0.390.14-0.33
-0.92-0.83-0.89-0.92-0.9-0.92-0.27-0.84-0.76-0.610.96-0.82-0.87-0.99-0.81-0.74-0.970.87-0.38-0.92-0.430.3-0.890.91-0.95
0.880.860.790.90.840.880.350.730.520.64-0.870.850.820.910.880.730.94-0.80.050.860.1-0.39-0.89-0.860.96
-0.94-0.81-0.8-0.94-0.91-0.93-0.45-0.7-0.76-0.750.9-0.81-0.92-0.96-0.83-0.71-0.920.85-0.1-0.93-0.160.140.91-0.86-0.9
0.90.90.880.910.920.940.230.740.60.71-0.930.820.920.950.910.830.97-0.810.210.890.27-0.33-0.950.96-0.9
Click cells to compare fundamentals

Cambium Networks Account Relationship Matchups

Cambium Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets172.1M205.8M232.3M269.5M217.9M203.5M
Other Current Liab25.8M41.1M44.5M43.9M63.7M38.9M
Total Current Liabilities67.9M107.6M82.1M87.2M96.3M82.7M
Total Stockholder Equity39.9M63.4M112.1M145.4M80.9M48.6M
Other Liab5.2M6.5M6.9M10.2M11.8M12.4M
Net Tangible Assets12.9M37.2M85.7M117.9M135.6M142.4M
Retained Earnings(63.4M)(44.8M)(7.4M)12.8M(64.6M)(67.8M)
Accounts Payable25.2M30.9M28.2M31.3M19.1M26.2M
Cash19.3M62.5M59.3M48.2M18.7M32.2M
Other Assets929K10.3M8.8M13.7M15.8M8.2M
Long Term Debt54.2M25.0M27.0M24.5M21.9M20.8M
Net Receivables58.6M59.5M70.6M89.4M64.3M68.2M
Common Stock Shares Outstanding25.7M26.4M28.6M28.0M27.5M26.9M
Inventory41.7M34.0M33.8M57.1M66.9M42.4M
Other Current Assets4.4M5.0M4.7M6.5M12.7M13.3M
Other Stockholder Equity103.7M108.7M120.2M134.1M147.1M91.2M
Total Liab132.2M142.4M120.1M124.1M136.9M111.8M
Short Long Term Debt9.5M29.2M2.5M3.2M3.2M6.3M
Total Current Assets129.3M165.1M180.6M213.0M162.6M154.5M
Short Term Debt9.5M29.2M2.5M3.2M4.7M8.9M
Intangible Assets18.5M16.3M16.6M17.6M19.7M19.1M
Property Plant Equipment15.2M7.5M16.4M15.3M17.6M11.2M
Short Long Term Debt Total68.9M57.5M33.6M29.8M33.2M47.2M
Property Plant And Equipment Net15.2M12.6M16.4M15.3M20.8M14.7M
Current Deferred Revenue7.4M6.5M6.9M8.9M8.8M6.9M
Net Debt49.6M(5.0M)(25.7M)(18.4M)14.5M22.1M
Non Current Assets Total42.8M40.6M51.7M56.5M55.3M50.2M
Non Currrent Assets Other3.4M288K1.2M955K(18.3M)(17.4M)
Cash And Short Term Investments19.3M62.5M59.3M48.2M18.7M34.5M
Long Term Debt Total94.2M54.2M25.0M27.0M24.3M45.4M
Liabilities And Stockholders Equity172.1M205.8M232.3M269.5M217.9M213.9M
Non Current Liabilities Total64.3M34.8M38.0M36.9M40.6M45.2M
Capital Lease Obligations5.3M3.3M4.1M2.2M6.6M3.4M
Net Invested Capital103.5M117.5M141.6M173.0M106.0M124.7M
Property Plant And Equipment Gross15.2M12.6M16.4M15.3M52.5M55.1M
Accumulated Other Comprehensive Income(379K)(564K)(699K)(1.5M)(1.6M)(1.5M)
Net Working Capital61.4M57.5M98.4M125.8M66.2M75.4M

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When determining whether Cambium Networks Corp is a strong investment it is important to analyze Cambium Networks' 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 Cambium Networks' future performance. For an informed investment choice regarding Cambium Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Communications Equipment space 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 Cambium Networks. If investors know Cambium 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 Cambium Networks 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
5.686
Earnings Share
(4.21)
Revenue Per Share
6.178
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.24)
The market value of Cambium Networks Corp is measured differently than its book value, which is the value of Cambium that is recorded on the company's balance sheet. Investors also form their own opinion of Cambium Networks' value that differs from its market value or its book value, called intrinsic value, which is Cambium Networks' 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 Cambium Networks' market value can be influenced by many factors that don't directly affect Cambium Networks' 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 Cambium Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambium Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambium Networks' 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.