Circuit Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

688630 Stock   62.39  0.11  0.18%   
Circuit Fabology financial indicator trend analysis is way more than just evaluating Circuit Fabology Mic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Circuit Fabology Mic is a good investment. Please check the relationship between Circuit Fabology Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Circuit Fabology Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Circuit Fabology Mic Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Circuit Fabology's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Circuit Fabology Microelectronics, assuming nothing else is changed. The correlation between historical values of Circuit Fabology's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Circuit Fabology Microelectronics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Circuit Fabology's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Circuit Fabology Mic balance sheet. This account contains Circuit Fabology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Circuit Fabology Microelectronics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Circuit Fabology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Circuit Fabology Mic 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 Circuit Fabology Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 70.9 M, whereas Tax Provision is forecasted to decline to about 11.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.1M216.4K698.1K511.2K
Depreciation And Amortization28.1M27.8M31.9M17.0M

Circuit Fabology fundamental ratios Correlations

-0.180.861.00.87-0.951.00.850.970.980.440.940.920.850.880.670.970.861.00.940.860.610.640.910.440.91
-0.180.28-0.250.19-0.1-0.160.29-0.35-0.020.750.040.080.270.22-0.250.010.28-0.2-0.090.140.180.19-0.05-0.03-0.18
0.860.280.830.99-0.960.871.00.750.920.780.910.970.990.990.630.931.00.850.840.950.660.680.920.450.87
1.0-0.250.830.84-0.920.990.820.990.970.370.920.90.820.850.660.950.831.00.930.840.590.620.90.430.9
0.870.190.990.84-0.940.880.990.780.930.730.910.990.980.980.690.920.990.860.830.950.630.650.950.480.91
-0.95-0.1-0.96-0.92-0.94-0.95-0.96-0.88-0.98-0.66-0.94-0.96-0.94-0.95-0.67-0.97-0.95-0.94-0.95-0.9-0.59-0.62-0.93-0.45-0.88
1.0-0.160.870.990.88-0.950.860.970.990.450.920.920.870.880.680.960.871.00.960.860.590.610.920.410.91
0.850.291.00.820.99-0.960.860.740.920.790.910.970.990.990.640.931.00.840.830.950.660.680.920.470.86
0.97-0.350.750.990.78-0.880.970.740.930.250.840.840.750.770.660.890.750.980.940.750.460.480.890.360.89
0.98-0.020.920.970.93-0.980.990.920.930.580.950.960.910.920.670.980.920.980.950.880.610.630.930.460.9
0.440.750.780.370.73-0.660.450.790.250.580.650.660.760.730.280.620.780.420.440.670.60.60.510.450.41
0.940.040.910.920.91-0.940.920.910.840.950.650.930.890.930.560.990.910.930.830.940.810.820.850.630.85
0.920.080.970.90.99-0.960.920.970.840.960.660.930.960.960.70.950.970.910.870.930.630.650.970.530.95
0.850.270.990.820.98-0.940.870.990.750.910.760.890.960.990.690.920.990.840.840.950.640.670.920.370.85
0.880.220.990.850.98-0.950.880.990.770.920.730.930.960.990.650.940.990.870.830.980.710.740.920.430.87
0.67-0.250.630.660.69-0.670.680.640.660.670.280.560.70.690.650.630.640.660.680.640.210.230.740.210.72
0.970.010.930.950.92-0.970.960.930.890.980.620.990.950.920.940.630.930.960.890.940.750.760.890.550.87
0.860.281.00.830.99-0.950.871.00.750.920.780.910.970.990.990.640.930.850.840.950.650.680.920.440.87
1.0-0.20.851.00.86-0.941.00.840.980.980.420.930.910.840.870.660.960.850.940.860.610.640.910.440.9
0.94-0.090.840.930.83-0.950.960.830.940.950.440.830.870.840.830.680.890.840.940.770.380.420.910.270.86
0.860.140.950.840.95-0.90.860.950.750.880.670.940.930.950.980.640.940.950.860.770.780.810.880.480.86
0.610.180.660.590.63-0.590.590.660.460.610.60.810.630.640.710.210.750.650.610.380.780.990.460.60.49
0.640.190.680.620.65-0.620.610.680.480.630.60.820.650.670.740.230.760.680.640.420.810.990.490.530.51
0.91-0.050.920.90.95-0.930.920.920.890.930.510.850.970.920.920.740.890.920.910.910.880.460.490.390.98
0.44-0.030.450.430.48-0.450.410.470.360.460.450.630.530.370.430.210.550.440.440.270.480.60.530.390.48
0.91-0.180.870.90.91-0.880.910.860.890.90.410.850.950.850.870.720.870.870.90.860.860.490.510.980.48
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Circuit Fabology Account Relationship Matchups

Circuit Fabology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets467.7M622.5M1.3B1.5B2.5B2.6B
Other Current Liab54.4M66.3M64.2M101.9M19.9M18.9M
Total Current Liabilities117.3M172.0M279.3M407.5M368.5M227.5M
Total Stockholder Equity337.3M408.6M931.1M1.0B2.0B2.1B
Property Plant And Equipment Net17.7M61.4M121.6M164.9M176.8M88.9M
Net Debt(68.5M)(67.9M)(186.7M)(362.6M)(326.4M)(310.1M)
Retained Earnings33.6M97.7M193.3M292.0M453.4M476.0M
Accounts Payable62.9M92.0M191.5M296.6M254.3M144.2M
Cash68.5M81.6M215.3M371.8M898.3M943.2M
Non Current Assets Total27.6M86.2M176.6M256.9M287.0M301.3M
Non Currrent Assets Other6.3M16.3M42.4M60.3M8.3M7.9M
Cash And Short Term Investments168.5M105.0M452.2M371.8M427.5M448.9M
Liabilities And Stockholders Equity467.7M622.5M1.3B1.5B1.8B1.9B
Non Current Liabilities Total13.1M41.9M53.2M90.0M80.3M45.2M
Inventory130.5M168.9M234.4M302.5M308.5M198.4M
Other Current Assets17.5M35.8M35.7M56.5M75.9M50.0M
Other Stockholder Equity213.1M220.3M617.0M636.3M731.7M768.3M
Total Liab130.4M213.9M332.5M497.6M448.8M272.7M
Total Current Assets440.1M536.3M1.1B1.3B2.2B2.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Circuit Stock

Balance Sheet is a snapshot of the financial position of Circuit Fabology Mic at a specified time, usually calculated after every quarter, six months, or one year. Circuit Fabology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Circuit Fabology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Circuit currently owns. An asset can also be divided into two categories, current and non-current.