CECO Financial Statements From 2010 to 2024

CECO Stock  USD 32.03  0.02  0.06%   
CECO Environmental financial statements provide useful quarterly and yearly information to potential CECO Environmental Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CECO Environmental financial statements helps investors assess CECO Environmental's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CECO Environmental's valuation are summarized below:
Gross Profit
128.2 M
Profit Margin
0.0216
Market Capitalization
1.1 B
Enterprise Value Revenue
2.2448
Revenue
553.1 M
We have found one hundred twenty available fundamental measures for CECO Environmental, which can be analyzed and compared to other ratios and to its peers in the sector. Self-guided Investors are advised to validate CECO Environmental's latest fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself in the coming quarters. As of the 3rd of December 2024, Market Cap is likely to grow to about 738.2 M. Also, Enterprise Value is likely to grow to about 843.9 M

CECO Environmental Total Revenue

572.09 Million

Check CECO Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CECO Environmental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 14.1 M or Total Revenue of 572.1 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0281 or PTB Ratio of 2.87. CECO financial statements analysis is a perfect complement when working with CECO Environmental Valuation or Volatility modules.
  
Check out the analysis of CECO Environmental Correlation against competitors.

CECO Environmental Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets630.3 M600.3 M389.3 M
Slightly volatile
Short and Long Term Debt Total163.3 M155.5 M97.5 M
Slightly volatile
Other Current Liabilities33.8 M32.1 M20.8 M
Slightly volatile
Total Current Liabilities213.3 M203.1 M106.1 M
Slightly volatile
Total Stockholder Equity244.3 M232.6 M169.4 M
Slightly volatile
Cash57.5 M54.8 M32.7 M
Slightly volatile
Non Current Assets Total334.8 M318.9 M220.8 M
Slightly volatile
Cash And Short Term Investments57.5 M54.8 M32.7 M
Slightly volatile
Net Receivables188.3 M179.3 M100.1 M
Slightly volatile
Common Stock Shares Outstanding18.5 M35.3 M27.9 M
Slightly volatile
Liabilities And Stockholders Equity630.3 M600.3 M389.3 M
Slightly volatile
Non Current Liabilities Total181.1 M172.5 M114.1 M
Slightly volatile
Inventory35.8 M34.1 M20.1 M
Slightly volatile
Total Liabilities380.9 M362.8 M218.4 M
Slightly volatile
Total Current Assets295.5 M281.4 M168.5 M
Slightly volatile
Short Term Debt18.1 M17.3 M9.9 M
Pretty Stable
Intangible Assets63 M60 M50.1 M
Slightly volatile
Accounts Payable92.1 M87.7 M59.8 M
Slightly volatile
Other Current Assets7.4 M13.3 M10.3 M
Slightly volatile
Common Stock214.8 K348 K283.4 K
Slightly volatile
Short Term Investments237.2 M225.9 M143.1 M
Slightly volatile
Current Deferred Revenue35.4 M64.8 M24.4 M
Slightly volatile
Good Will122 M211.3 M136.2 M
Slightly volatile
Other Liabilities17.7 M16.4 M28.7 M
Slightly volatile
Long Term Debt92.2 M126.8 M79.4 M
Slightly volatile
Deferred Long Term Liabilities10.5 M10 M3.5 M
Slightly volatile
Net Invested Capital321.5 M372.4 M274.2 M
Slightly volatile
Short and Long Term Debt13.6 M13 M3.6 M
Slightly volatile
Capital Stock279.9 K348 K344.7 K
Slightly volatile
Non Current Liabilities Other15.9 M12.6 M23.3 M
Slightly volatile
Net Working Capital80.7 M78.3 M65.1 M
Slightly volatile
Property Plant Equipment20.2 M18.7 M22.9 M
Very volatile
Capital Lease Obligations14 M15.7 M13.4 M
Pretty Stable
Property Plant And Equipment Gross39 M61.9 M31.8 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.9 M4.4 M4.8 M
Slightly volatile
Common Stock Total Equity275.2 K309.6 K337.1 K
Slightly volatile
Long Term Debt Total86.1 M96.9 M105.5 M
Slightly volatile
Capital Surpluse200.1 M225.2 M245.2 M
Slightly volatile

CECO Environmental Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization13.1 M12.5 M10.6 M
Slightly volatile
Interest Expense14.1 M13.4 M5.3 M
Slightly volatile
Total Revenue572.1 M544.8 M315.1 M
Slightly volatile
Other Operating Expenses535.8 M510.3 M295.3 M
Slightly volatile
Cost Of Revenue392.5 M373.8 M215.3 M
Slightly volatile
Total Operating Expenses143.3 M136.4 M80 M
Slightly volatile
Selling General Administrative161.1 M122.3 M187 M
Slightly volatile
Selling And Marketing Expenses777.1 K600 K765.1 K
Very volatile
Reconciled Depreciation8.9 M12.5 M12.1 M
Slightly volatile
Non Recurring3.7 M4.2 M4.5 M
Slightly volatile
Non Operating Income Net Other5.6 M6.3 M6.8 M
Slightly volatile

CECO Environmental Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow48.9 M46.6 M29.3 M
Slightly volatile
Depreciation13.1 M12.5 M10.1 M
Slightly volatile
Change To Netincome4.1 M3.3 M5.9 M
Slightly volatile
Cash And Cash Equivalents Changes15.7 M17.6 M19.2 M
Slightly volatile
Other Cashflows From Investing Activities15.2 K17.1 K18.6 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.231.29032.081
Slightly volatile
Dividend Yield0.02810.01670.026
Pretty Stable
PTB Ratio2.873.02193.406
Slightly volatile
Days Sales Outstanding80.36120107
Slightly volatile
Book Value Per Share7.196.85095.6696
Slightly volatile
Average Payables1.4 M2.2 M2.3 M
Very volatile
Stock Based Compensation To Revenue0.00540.00830.0066
Slightly volatile
Capex To Depreciation0.410.67030.3116
Pretty Stable
PB Ratio2.873.02193.406
Slightly volatile
EV To Sales1.41.47512.2103
Slightly volatile
Inventory Turnover20.5510.966312.4275
Very volatile
Days Of Inventory On Hand32.4133.283938.1438
Slightly volatile
Payables Turnover6.564.2635.6388
Slightly volatile
Sales General And Administrative To Revenue0.170.22450.2139
Slightly volatile
Average InventoryMM2.1 M
Very volatile
Capex To Revenue0.00940.01540.0084
Pretty Stable
Cash Per Share1.661.58021.1005
Slightly volatile
Days Payables Outstanding79.0685.619975.6144
Slightly volatile
Intangibles To Total Assets0.280.4520.4371
Pretty Stable
Current Ratio1.221.38571.6022
Pretty Stable
Receivables Turnover4.533.03863.3274
Very volatile
Graham Number7.877.49936.5103
Pretty Stable
Shareholders Equity Per Share7.056.71115.6234
Slightly volatile
Debt To Equity1.060.580.5166
Slightly volatile
Capex Per Share0.250.24190.0886
Slightly volatile
Average Receivables11.6 M11.1 M11.5 M
Slightly volatile
Revenue Per Share16.515.717210.4352
Slightly volatile
Interest Debt Per Share4.494.27962.9747
Slightly volatile
Debt To Assets0.290.22480.2136
Pretty Stable
Operating Cycle102153145
Very volatile
Price Book Value Ratio2.873.02193.406
Slightly volatile
Days Of Payables Outstanding79.0685.619975.6144
Slightly volatile
Company Equity Multiplier3.442.58032.3713
Pretty Stable
Long Term Debt To Capitalization0.420.34390.3247
Very volatile
Total Debt To Capitalization0.450.36710.3236
Slightly volatile
Debt Equity Ratio1.060.580.5166
Slightly volatile
Quick Ratio1.091.21781.4932
Slightly volatile
Cash Ratio0.170.26970.3326
Slightly volatile
Cash Conversion Cycle46.3867.784576.621
Slightly volatile
Days Of Inventory Outstanding32.4133.283938.1438
Slightly volatile
Days Of Sales Outstanding80.36120107
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.020.81220.8377
Slightly volatile
Price To Book Ratio2.873.02193.406
Slightly volatile
Debt Ratio0.290.22480.2136
Pretty Stable
Price Sales Ratio1.231.29032.081
Slightly volatile
Asset Turnover1.310.90760.8874
Very volatile
Price Fair Value2.873.02193.406
Slightly volatile

CECO Environmental Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap738.2 M703 M312.3 M
Slightly volatile
Enterprise Value843.9 M803.7 M371.8 M
Slightly volatile

CECO Fundamental Market Drivers

Forward Price Earnings26.8097
Cash And Short Term Investments54.8 M

CECO Upcoming Events

4th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About CECO Environmental Financial Statements

CECO Environmental investors utilize fundamental indicators, such as revenue or net income, to predict how CECO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue64.8 M35.4 M
Total Revenue544.8 M572.1 M
Cost Of Revenue373.8 M392.5 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.22  0.17 
Capex To Revenue 0.02  0.01 
Revenue Per Share 15.72  16.50 
Ebit Per Revenue 0.06  0.07 

Pair Trading with CECO Environmental

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

Moving together with CECO Stock

  0.79FSS Federal SignalPairCorr

Moving against CECO Stock

  0.8SPEC Spectaire HoldingsPairCorr
  0.54SCWO 374Water Common StockPairCorr
  0.52ERII Energy RecoveryPairCorr
The ability to find closely correlated positions to CECO Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CECO Environmental 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 CECO Environmental - 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 CECO Environmental Corp to buy it.
The correlation of CECO Environmental 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 CECO Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CECO Environmental Corp 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 CECO Environmental 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 CorrelationCorrelation Matching
When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental'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 Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:
Check out the analysis of CECO Environmental Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Industrial Machinery & Supplies & Components 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 CECO Environmental. If investors know CECO 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 CECO Environmental 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
(0.34)
Earnings Share
0.33
Revenue Per Share
15.853
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0424
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.